Bank Loans (Tables)

12 Months Ended

Dec. 31, 2018

Schedule of Short-term Bank Loans [Table Text Block]

Short-term Bank Loans		12/31/2018		12/31/2017
Loan from Industrial and Commercial Bank of China,
• Interest rate at 6.955% per annum; due 4/20/2016		-		3,838,005
• Interest rate at 4.30% per annum; due 4/30/2017		-		1,152,658
• Interest rate at 4.30% per annum; due 5/30//2017		-		1,211,059
• Interest rate at 4.30% per annum; due 6/29/2017		-		1,152,658
• Interest rate at 4.30% per annum; due 8/2/2017		-		1,014,339
Loan from China Minsheng Bank Corporation, Linyi Branch
•Interest rate at 5.98% per annum due 9/22/2016		-		1,535,340
Loan from Agricultural Bank of China, Luotian Branch
• Interest rate at 5.65% per annum due 4/22/2017		-		1,536,877
Luotian Sanliqiao Credit Union,
• Interest rate at 9.72% per annum due 1/14/2017		-		1,536,877
• Interest rate at 9.72% per annum due 2/4/2017		-		461,063
• Interest rate at 9.72% per annum due 9/7/2017		-		92,213
Bank of Ningbo,
• Interest rate at 7.80% per annum due 10/27/2016		-		1,229,502
Hankou Bank, Guanggu Branch,
• Interest rate at 6.85% per annum due 10/24/2016		-		1,391,820
Postal Savings Bank of China,
• Interest rate at 9.72% per annum due 7/27/2016		-		399,588
China Construction Bank,
• Interest rate at 6.18% per annum due 11/29/2016		-		768,439
Huaxia Bank,
• Interest rate at 5.66% per annum due 5/19/2017		-		1,536,877
City of Linyi Commercial Bank, Junan Branch,
• Interest rate at 8.4% per annum due 2/16/2016		-		1,535,334
• Interest rate at 8.4% per annum due 11/24/2016		-		3,073,756
Hubei Jincai Credit and Financial Services Co. Ltd.
• Interest rate at 9.00% per annum due 1/12/2017		-		307,375
	$	-	$	23,773,780