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Loans Payable (Tables)

6 Months Ended

Jun. 30, 2021

Debt Disclosure [Abstract]

Schedule of short-term loans payable

		June 30,				December 31,
		2021				2020
Industrial and Commercial Bank of China (“ICBC”)		$	6,422,501			$	6,435,348
Total short-term bank loans		$	6,422,501			$	6,435,348

Schedule of long-term loans payable

		June 30,				December 31,
		2021				2020
Rural Credit Union of Xushui District Loan 1		$	1,331,249			$	1,318,028
Rural Credit Union of Xushui District Loan 2			3,869,908				3,831,476
Rural Credit Union of Xushui District Loan 3			2,476,742				2,452,145
Rural Credit Union of Xushui District Loan 4			2,012,353				1,992,368
Total			9,690,252				9,594,017
Less: Current portion of long-term loans from credit union			(3,142,366	)			(4,996,245	)
Long-term loans from credit union		$	6,547,886			$	4,597,772

Schedule of long-term debt repayments

Fiscal year		Amount
Remainder of 2021		$	3,142,366
2022			5,928,701
2023			619,185
Total			9,690,252

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