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Prepayments and Other Current Assets

12 Months Ended

Dec. 31, 2021

Prepaid Expenses And Other Current Assets Disclosure [Abstract]

Prepayments and other current assets

(5) Prepayments and other current assets

Prepayments and other current assets consisted of the following as of December 31, 2021, and 2020:

		December 31,				December 31,
		2021				2020
Prepaid land lease		$	188,215			$	183,912
Prepayment for purchase of materials			9,190,527				10,945
Prepayment for purchase of equipment			980,786				-
Value-added tax recoverable			14,740,296				5,864,989
Others			696,816				991,669
		$	25,796,640			$	7,051,515

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- Definition

The disclosure describes the Company's prepaid and other current assets.

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