Segment Information (Tables)

12 Months Ended

Dec. 31, 2017

	For the Years Ended December 31,
	2017			2016
Revenues:
Dyeing and finishing equipment	$	13,463,557		$	17,364,332
Sharing economy		58,499			-
		13,522,056			17,364,332
Depreciation:
Dyeing and finishing equipment		3,943,694			3,829,345
Sharing economy		7,238			-
		3,950,932			3,829,345
Interest expense
Dyeing and finishing equipment		134,459			124,937
Sharing economy		3,364			-
		137,823			124,937
Net loss
Dyeing and finishing equipment		(9,914,743	)		(286,106	)
Sharing economy		(1,211,499	)		-
Discontinued segments		(97,957	)		(10,285,932	)
Other (a)		(1,702,151	)		(1,107,116	)
	$	(12,926,350	)	$	(11,679,154	)

	December 31, 2017		December 31, 2016
Identifiable long-lived tangible assets at December 31, 2017 and 2016 by segment
Dyeing and finishing equipment	$	27,805,180	$	29,878,675
Sharing economy		65,144		-
Other (b)		5,310,795		-
	$	33,181,119	$	29,878,675

		December 31, 2017		December 31, 2016
Identifiable long-lived tangible assets at December 31, 2017 and 2016 by geographical location
China	$	33,115,975	$	29,878,675
Hong Kong		65,144		-
United States		-		-
	$	33,181,119	$	29,878,675

(a)

The Company does not allocate any general and administrative expense of its U.S. activities to its reportable segments, because these activities are managed at a corporate level.

(b)

Represents amount of net tangible assets not in use and to be used by for new segment being developed.