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Intangible Assets
9 Months Ended
Sep. 30, 2019
Intangible Assets  
5. Intangible Assets

 

 

2019

 

2018

 

At Cost:

 

Land use rights

 

2,440,875

 

2,532,992

 

Software licenses

 

8,001

 

5,718

 

Trademark

 

7,186

 

4,447

 

Patents

 

21,020

 

21,813

 

$

2,477,082

 

$

2,564,970

 

Less: Accumulated amortization

 

(194,336

)

 

(151,144

)

 

 

$

2,282,746

 

$

2,413,826

 

Amortization expense for the nine months ended September 30, 2019 and 2018 was $50,710 and $51,064, respectively.