Segment Information (Tables)

6 Months Ended

Jun. 30, 2018

Segment Information [Abstract]

Schedule of segment information

	For the Three Months ended June 30,						For the Six Months ended June 30,
	2018			2017			2018			2017
Revenues:
Dyeing and finishing equipment	$	2,517,419		$	3,711,767		$	5,054,925		$	8,369,221
Sharing economy		52,174			-			83,195			-
		2,569,593			3,711,767			5,138,120			8,369,221
Depreciation:
Dyeing and finishing equipment		1,045,489			971,112			2,092,902			1,939,302
Sharing economy		4,425			-			8,752			-
		1,049,914			971,112			2,101,654			1,939,302
Interest expense
Dyeing and finishing equipment		92,362			35,176			122,814			74,866
Sharing economy		-			-			-			-
		92,362			35,176			122,814			74,866
Net loss
Dyeing and finishing equipment		(1,500,791	)		(521,422	)		(4,071,732	)		(667,906	)
Sharing economy		(2,610,566	)		-			(3,729,969	)		-
Discontinued segments		(28	)		-			16,871			-
Other (a)		(1,911,296	)		-			(3,104,513	)		-
	$	(6,022,681	)	$	(521,422	)	$	(10,889,343	)	$	(667,906	)

	June 30,  2018		December 31, 2017
Identifiable long-lived tangible assets at June 30, 2018 and December 31, 2017 by segment
Dyeing and finishing equipment	$	25,391,719	$	27,805,180
Sharing economy		65,588		65,144
Other (b)		5,220,938		5,310,795
	$	30,678,245	$	33,181,119

	June 30,  2018		December 31, 2017
Identifiable long-lived tangible assets at June 30, 2018 and December 31, 2017 by geographical location
China	$	30,612,657	$	33,115,975
Hong Kong		65,588		65,144
United States		-		-
	$	30,678,245	$	33,181,119

(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.