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Property, Plant and Equipment, Net (Tables)

9 Months Ended

Sep. 30, 2023

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant and Equipment

As of September 30, 2023 and December 31, 2022, property, plant and equipment consisted of the following:

		September 30,				December 31,
		2023				2022
Property, Plant, and Equipment:
Land use rights		$	59,027,166			$	57,686,220
Building and improvements			66,713,144				68,300,987
Machinery and equipment			157,605,810				158,498,316
Vehicles			661,187				681,617
Construction in progress			1,515,537				1,239,698
Totals			285,522,844				286,406,838
Less: accumulated depreciation and amortization			(140,919,792	)			(134,836,940	)
Property, Plant and Equipment, net		$	144,603,052			$	151,569,898

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- References

No definition available.

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 360
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482099/360-10-50-1

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