XML 45 R35.htm IDEA: XBRL DOCUMENT v3.19.2
Description of Business and Organization (Details Textual)
3 Months Ended
Mar. 31, 2019
USD ($)
shares
Mar. 31, 2018
USD ($)
Dec. 31, 2018
USD ($)
shares
Apr. 30, 2018
CNY (¥)
Jan. 19, 2018
Dec. 08, 2017
Description of Business and Organization (Textual)            
Cash and cash equivalents uninsured amount $ 224,828   $ 774,316      
Restricted cash 78,479   77,473      
Allowance for doubtful accounts 11,305,983   9,527,060      
Inventory reserve 4,929,768   1,212,706      
Advances from customers 1,687,081   $ 1,073,797      
Employee benefit costs $ 68,365 $ 71,503        
Foreign currency translation description Asset and liability accounts as of March 31, 2019 and December 31, 2018 were translated at 6.7112 RMB to $1.00 and at 6.8778 to $1.00, respectively, which were the exchange rates on the balance sheet dates. For operating subsidiaries in Hong Kong, asset and liability accounts as of March 31, 2019 and December 31, 2018 were translated at 7.8498 and 7.8305 HKD to $1.00, respectively, which were the exchange rates on the balance sheet date. For operating subsidiaries and VIE’s located in the PRC, the average translation rates applied to the statements of operations for the three months ended March 31, 2019 and 2018 were 6.7447 RMB and 6.3594 RMB to $1.00, respectively. For operating subsidiaries located in Hong Kong, the average translation rates applied to the statements of operations for the three months ended March 31, 2019 was 7.8 HKD to $1.00. Cash flows from the Company’s operations are calculated based upon the local currencies using the average translation rate.          
Common stock, shares authorized | shares 12,500,000   12,500,000      
Net cash used in operation $ (603,094) 536,165        
Cumulative translation adjustment and effect of exchange rate changes on cash $ 22,513 20,335        
Term of agreement 20 years          
Net loss $ (25,048,742) $ (4,866,662)        
Federal income tax rat 21.00% 34.00%        
Impairment loss of disposition for manufacturing equipment $ 13,586,059 $ 0        
Green Power Environment Technology (Shanghai) Co., Ltd.[Member]            
Description of Business and Organization (Textual)            
Percentage of shareholding or ownership     100.00%      
EC Technology [Member] | 3D Discovery Co. Limited [Member]            
Description of Business and Organization (Textual)            
Percentage of shareholding or ownership         60.00%  
EC Technology [Member] | Inspirit Studio Limited [Member]            
Description of Business and Organization (Textual)            
Percentage of shareholding or ownership           51.00%
Shengxin [Member] | RMB [Member]            
Description of Business and Organization (Textual)            
Company invested interest amount | ¥       ¥ 40,000,000