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Segment Information (Tables)
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Schedule of segment information

   For the Years Ended
December 31,
 
   2019   2018 
Revenues:        
Dyeing and finishing equipment (discontinued operations)  $6,661,473   $9,299,867 
Sharing economy   29,655    208,175 
    6,691,128    9,508,042 
Depreciation:          
Dyeing and finishing equipment (discontinued operations)   565,008    4,028,214 
Sharing economy   28,980    19,447 
    593,908    4,047,661 
Interest expense          
Dyeing and finishing equipment (discontinued operations)   147,631    131,684 
Sharing economy   322,201    242,703 
    469,832    374,387 
Net (loss) income          
Dyeing and finishing equipment (discontinued operations)   (24,951,086)   (26,370,074)
Sharing economy   (2,556,543)   (12,728,399)
Other (a)   -    (3,865,511)
   $(27,507,629)  $(42,963,984)

  

   December 31,
2019
   December 31,
2018
 
Identifiable long-lived tangible assets at December 31, 2019 and 2018 by segment        
Dyeing and finishing equipment (discontinued operations)  $1,980,643   $16,481,795 
Sharing economy   620,075    59,096 
Other (b)   -    5,024,863 
   $2,600,718   $21,565,754 

 

   December 31,
2019
   December 31,
2018
 
Identifiable long-lived tangible assets at December 31, 2019 and 2018 by geographical location        
China  $1,980,643   $21,506,658 
Hong Kong   620,075    59,096 
   $2,600,718   $21,565,754 

 

(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.