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Consolidated Statements of Changes in Shareholders' Equity - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Statutory Reserve [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Loss [Member]
Total
Balance at Dec. 31, 2016 $ 20,000 $ 9,147,398 $ 1,657,084 $ 17,679,458 $ (3,114,597) $ 25,389,343
Balance, shares at Dec. 31, 2016 4,000,000          
Net (loss) income 24,048,184 24,048,184
Proceeds from issuance of common stock, net of offering costs $ 2,023 18,203,499 18,205,522
Proceeds from issuance of common stock, net of offering costs, shares 404,629          
Proceeds from exercise of underwriter's warrants $ 91 1,090,148 1,090,239
Proceeds from exercise of underwriter's warrants, shares 18,208          
Appropriations of statutory reserves 171,517 (171,517)
Foreign currency translation gain (loss) 2,382,488 2,382,488
Balance at Dec. 31, 2017 $ 22,114 28,441,045 1,828,601 41,556,125 (732,109) 71,115,776
Balance, shares at Dec. 31, 2017 4,422,837          
Net (loss) income (3,818,737) (3,818,737)
Appropriations of statutory reserves 1,083,928 (1,083,928)
Foreign currency translation gain (loss) (2,415,919) (2,415,919)
Balance at Dec. 31, 2018 $ 22,114 28,441,045 2,912,529 36,653,460 (3,148,028) 64,881,120
Balance, shares at Dec. 31, 2018 4,422,837          
Net (loss) income (61,995,758) (61,995,758)
Appropriations of statutory reserves 37,401 (37,401)
Foreign currency translation gain (loss) (365,258) (365,258)
Balance at Dec. 31, 2019 $ 22,114 $ 28,441,045 $ 2,949,930 $ (25,379,699) $ (3,513,286) 2,520,104
Balance, shares at Dec. 31, 2019 4,422,837          
Net (loss) income           (640,243)
Foreign currency translation gain (loss)           25,125
Balance at Jun. 30, 2020           $ 6,404,986