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Loans Payable (Tables)

9 Months Ended

Sep. 30, 2021

Debt Disclosure [Abstract]

Schedule of short-term loans payable

		September 30,				December 31,
		2021				2020
Industrial and Commercial Bank of China (“ICBC”)		$	6,320,350			$	6,435,348
Total short-term bank loans		$	6,320,350			$	6,435,348

Schedule of long-term loans payable

		September 30,				December 31,
		2021				2020
Rural Credit Union of Xushui District Loan 1		$	1,326,055			$	1,318,028
Rural Credit Union of Xushui District Loan 2			3,854,813				3,831,476
Rural Credit Union of Xushui District Loan 3			2,467,080				2,452,145
Rural Credit Union of Xushui District Loan 4			2,004,502				1,992,368
Total			9,652,450				9,594,017
Less: Current portion of long-term loans from credit union			(5,134,610	)			(4,996,245	)
Long-term loans from credit union		$	4,517,840			$	4,597,772

Schedule of long-term debt repayments

Fiscal year		Amount
Remainder of 2021		$	5,134,610
2022			3,901,070
2023			616,770
Total			9,652,450

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