XML 61 R44.htm IDEA: XBRL DOCUMENT v3.21.2
Organization and Business Background (Details) - Schedule of aggregate aggregate carrying value of Dongfang Paper’s assets and liabilities - Variable Interest Entity, Primary Beneficiary [Member] - Variable Interest Entity, Primary Beneficiary [Member] - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Condensed Balance Sheet Statements, Captions [Line Items]    
Cash and bank balances $ 6,909,174 $ 3,315,778
Restricted cash
Accounts receivable 5,592,109 2,389,057
Inventories 11,345,576 1,223,020
Prepayments and other current assets 11,232,366 7,051,381
Due from related parties 955,526 92,795
Total current assets 36,034,751 14,072,031
Prepayment on property, plant and equipment 19,813,935 19,617,159
Finance lease right-of-use assets, net 2,339,145 2,397,653
Property, plant, and equipment, net 127,303,105 133,134,932
Deferred tax asset non-current 10,076,731 12,040,962
Total Assets 193,877,053 181,262,737
Short-term bank loans 6,422,501 6,435,348
Current portion of long-term loans from credit union 665,624 551,733
Lease liability 199,544 182,852
Accounts payable 742,719 592,391
Advance from customers 83,454 82,625
Accrued payroll and employee benefits 302,237 221,482
Other payables and accrued liabilities 4,532,950 4,672,265
Income taxes payable 688,441 259,649
Total current liabilities 13,637,470 12,998,345
Loans from credit union 4,535,534 4,597,772
Lease liability - non-current 254,029 354,107
Total liabilities $ 18,427,033 $ 17,950,224