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Loans Payable (Tables)

3 Months Ended

Mar. 31, 2023

Debt Disclosure [Abstract]

Schedule of short-term bank loans

		March 31,				December 31,
		2023				2022
Industrial and Commercial Bank of China (“ICBC”) Loan 1		$	5,091,899			$	5,023,978
ICBC Loan 2			291,049				287,167
ICBC Loan 3			145,524				143,583
China Construction Bank Loan			145,524				143,583
Total short-term bank loans		$	5,673,996			$	5,598,311

Schedule of long-term loans balance

		March 31,				December 31,
		2023				2022
Rural Credit Union of Xushui District Loan 1		$	1,251,510			$	1,234,816
Rural Credit Union of Xushui District Loan 2			3,638,111				3,589,582
Rural Credit Union of Xushui District Loan 3			2,328,390				2,297,332
Rural Credit Union of Xushui District Loan 4			1,891,817				1,866,582
Rural Credit Union of Xushui District Loan 5			2,619,439				-
Yujiangna			49,478				51,690
Total			11,778,745				9,040,002
Less: Current portion of long-term loans			(5,265,073	)			(4,835,884	)
Long-term loans		$	6,513,672			$	4,204,118

Schedule of long-term debt repayments

		Amount
Fiscal year
Remainder of 2023		$	5,265,073
2024			6,487,478
2025 & after			26,194
Total			11,778,745

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