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Loans Payable (Tables) | 9 Months Ended
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Sep. 30, 2023
Loans Payable [Abstract] |
Schedule of Short-Term Bank Loans | Short-term bank loans
|  | September 30, |  |  | December 31, |
|  | 2023 |  |  | 2022 |
Industrial and Commercial Bank of China (“ICBC”) Loan 1 |  | $ | - |  |  | $ | 5,023,978 |
ICBC Loan 2 |  |  | - |  |  |  | 287,167 |
ICBC Loan 3 |  |  | - |  |  |  | 143,583 |
ICBC Loan 4 |  |  | 417,839 |  |  |  | - |
China Construction Bank Loan |  |  | - |  |  |  | 143,583 |
ICBC Loan 5 |  |  | 417,839 |  |  |  | - |
Total short-term bank loans |  | $ | 835,678 |  |  | $ | 5,598,311 |
Schedule of Long Term Loans | As of September 30, 2023 and December 31, 2022, long-term loans were $11,270,053 and $9,040,002, respectively.
|  | September 30, |  |  | December 31, |
|  | 2023 |  |  | 2022 |
Rural Credit Union of Xushui District Loan 1 |  | $ | 1,197,805 |  |  | $ | 1,234,816 |
Rural Credit Union of Xushui District Loan 2 |  |  | 3,481,536 |  |  |  | 3,589,582 |
Rural Credit Union of Xushui District Loan 3 |  |  | 2,228,474 |  |  |  | 2,297,332 |
Rural Credit Union of Xushui District Loan 4 |  |  | 1,810,635 |  |  |  | 1,866,582 |
Rural Credit Union of Xushui District Loan 5 |  |  | 2,507,034 |  |  |  | - |
Yujiangna |  |  | 44,569 |  |  |  | 51,690 |
Total |  |  | 11,270,053 |  |  |  | 9,040,002 |
Less: Current portion of long-term loans |  |  | (4,707,652 | ) |  |  | (4,835,884 | )
Long-term loans |  | $ | 6,562,401 |  |  | $ | 4,204,118 |
Schedule of Long-Term Debt Repayments | As of September 30, 2023, the Company’s long-term debt repayments for the next coming years were as follows:
Fiscal year |  | Amount |
Remainder of 2023 |  | $ | 4,707,652 |
2024 |  |  | 3,061,367 |
2025 & after |  |  | 3,501,034 |
Total |  |  | 11,270,053 |

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- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69B -Publisher FASB -URI https://asc.fasb.org//1943274/2147481568/470-20-55-69B Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69E -Publisher FASB -URI https://asc.fasb.org//1943274/2147481568/470-20-55-69E Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-3 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482925/835-30-45-2 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482925/835-30-45-1A Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-3 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482949/835-30-55-8 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480848/942-470-50-3 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-8 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-6 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-7 + Details
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