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Prepayments and Other Current Assets

9 Months Ended

Sep. 30, 2022

Prepayments and Other Current Assets [Abstract]

Prepayments and other current assets

(5) Prepayments and other current assets

Prepayments and other current assets consisted of the following as of September 30, 2022 and December 31, 2021:

		September 30,				December 31,
		2022				2021
Prepaid land lease		$	173,244			$	188,215
Prepayment for purchase of materials			9,030,641				9,190,527
Prepayment for purchase of equipment			-				980,786
Value-added tax recoverable			13,154,522				14,740,296
Prepaid gas			26,939				-
Others			410,561				696,816
		$	22,795,907			$	25,796,640

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- Definition

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

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