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v3.21.2

Segment Reporting (Details) - Schedule of financial information for reportable segments - USD ($) | 3 Months Ended | 9 Months Ended |
--- | --- | --- | ---
Sep. 30, 2021 | Sep. 30, 2020 | Sep. 30, 2021 | Sep. 30, 2020 | Dec. 31, 2020
Dongfang Paper [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | $ 42,123,855 | $ 30,756,297 | $ 108,949,261 | $ 61,630,714 |
Gross profit | 2,026,870 | 2,888,037 | 7,523,100 | 5,859,599 |
Depreciation and amortization | 1,215,907 | 1,645,309 | 3,976,098 | 4,769,348 |
Interest income | 8,222 | 6,544 | 19,202 | 19,638 |
Interest expense | 180,270 | 172,003 | 537,831 | 505,000 |
Income tax expense(benefit) | 320,249 | 578,029 | 1,355,079 | 927,129 |
Net income (loss) | 956,901 | 1,722,774 | 3,892,107 | 2,667,923 |
Total assets | 105,220,080 |  | 105,220,080 |  | $ 79,206,447
Hebei Tengsheng [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 2,508,611 | 2,380,052 | 6,487,027 | 5,766,207 |
Gross profit | (249,996) | (345,084) | (938,454) | (1,430,934) |
Depreciation and amortization | 1,918,917 | 2,155,505 | 6,459,845 | 6,396,006 |
Interest income | 370 | 977 | 1,176 | 1,524 |
Interest expense | 17,026 | 7,172 | 56,376 | 7,172 |
Income tax expense(benefit) | (396,715) | (538,191) | 3,582,328 | (1,586,876) |
Net income (loss) | (1,258,593) | (1,394,727) | (9,219,504) | (4,338,839) |
Total assets | 93,730,035 |  | 93,730,035 |  | 102,056,291
Baoding Shengde [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 2,789,071 | 221,102 | 5,714,288 | 1,066,654 |
Gross profit | 44,662 | 24,598 | 96,915 | 527,997 |
Depreciation and amortization | 432,437 | 4,575 | 1,297,721 | 136,349 |
Interest income | 3,452 | 1,023 | 7,718 | 2,623 |
Interest expense | 84,374 | 79,263 | 250,263 | 232,420 |
Income tax expense(benefit) | 5,078 | (13,490) | (1,130) | 65,612 |
Net income (loss) | (56,897) | (67,334) | (210,718) | 56,764 |
Total assets | 28,402,322 |  | 28,402,322 |  | 18,589,570
Not Attributable to Segments [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues |  |  |  |  |
Gross profit |  |  |  |  |
Depreciation and amortization |  |  |  |  |
Interest income |  |  |  |  |
Interest expense |  |  |  |  |
Income tax expense(benefit) |  |  | 14,717 |  |
Net income (loss) | 1,901,165 | (781,687) | 2,288,587 |  |
Total assets | 9,325,881 |  | 9,325,881 |  | 22,166
Elimination of Inter-segment [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | (2,333,866) |  | (5,318,563) |  |
Gross profit |  |  |  |  |
Depreciation and amortization |  |  |  |  |
Interest income |  |  |  |  |
Interest expense |  |  |  |  |
Income tax expense(benefit) |  |  |  |  |
Net income (loss) |  |  |  |  |
Total assets |  |  |  |  |
Enterprise-wide, consolidated [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 45,087,671 | 33,357,451 | 115,832,013 | 68,463,575 |
Gross profit | 1,821,536 | 2,567,551 | 6,681,561 | 4,956,662 |
Depreciation and amortization | 3,567,261 | 3,805,389 | 11,733,664 | 11,301,703 |
Interest income | 12,044 | 8,544 | 28,096 | 23,785 |
Interest expense | 281,670 | 258,438 | 844,470 | 744,592 |
Income tax expense(benefit) | (71,388) | 26,348 | 4,950,994 | (579,418) |
Net income (loss) | 1,542,576 | $ (520,974) | (3,249,528) | $ (3,937,292) |
Total assets | $ 236,678,318 |  | $ 236,678,318 |  | $ 199,874,474

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