CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Current Assets
Cash and cash equivalents	$ 6,907,599	$ 7,423,198
Accounts receivable, net	387,957	390,241
Advance to suppliers	27,819,528	27,745,184
Inventories	29,356,280	29,724,665
Consideration receivable	2,500,000	0
Prepaid expenses and other receivables	167,060	173,607
Current assets of discontinued operations	0	3,041,976
Total Current Assets	67,138,424	68,498,871
Noncurrent Assets
Plant, property and equipment, net	261,697	136,512
Operating lease right-of-use assets, net	2,644,936	2,658,344
Lease deposit	49,715	43,260
Goodwill	218,606	218,606
Total Noncurrent Assets	3,174,954	3,056,722
Total Assets	70,313,378	71,555,593
Current Liabilities
Accounts payable	295,826	417,918
Operating lease liability, current	570,604	481,068
Advance from customers	55,394	26,450
Accrued liabilities and other payables	471,707	301,764
Income tax payable	50,036	22,055
Current liabilities of discontinued operations	0	215,445
Total Current Liabilities	1,443,567	1,464,700
Noncurrent Liabilities
Operating lease liability, non-current	2,114,099	2,211,061
Income tax payable	1,833,411	1,833,286
Total Noncurrent Liabilities	3,947,510	4,044,347
Total Liabilities	5,391,077	5,509,047
Contingencies and Commitments
Stockholders' Equity
Common stock, $0.001 par value; 15,000,000 shares authorized, 5,749,604 and 5,741,604 shares issued and outstanding; as of March 31, 2020 and December 31, 2019, respectively	5,749	5,741
Additional paid-in capital	40,278,038	40,221,062
Statutory reserves	6,241	6,241
Accumulated other comprehensive income	158,215	0
Treasury stock, at cost, 172,870 shares as of March 31, 2020 and December 31, 2019	(616,193)	(616,193)
Retained earnings	25,090,251	26,429,695
Total Stockholders' Equity	64,922,301	66,046,546
Total Liabilities and Stockholders' Equity	$ 70,313,378	$ 71,555,593