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Consolidated Statements of Changes in Shareholders’ Equity - USD ($)
Common Stock
Share Subscription Receivables
Additional Paid-in Capital
Retained Earnings Statutory Reserve
Retained Earnings
Accumulated Other Comprehensive (Loss) Income
Total
BALANCE at Dec. 31, 2018 $ 9,000 $ (847,086) $ 4,115,638 $ 537,874 $ 4,820,640 $ (131,035) $ 8,505,031
BALANCE (in Shares) at Dec. 31, 2018 [1] 9,000,000            
Net income (loss) for the year 1,642,794 1,642,794
Foreign currency translation adjustment (121,195) (121,195)
Appropriation to statutory reserves 222,601 (222,601)
BALANCE at Dec. 31, 2019 $ 9,000 (847,086) 4,115,638 760,475 6,240,833 (252,230) 10,026,630
BALANCE (in Shares) at Dec. 31, 2019 [1] 9,000,000            
Issuance of shares through initial public offering $ 3,354 10,955,449 10,958,803
Issuance of shares through initial public offering (in Shares) [1] 3,354,040            
Capitalization of listing expenses (1,246,267) (1,246,267)
Net income (loss) for the year 782,296 782,296
Foreign currency translation adjustment 752,828 752,828
Appropriation to statutory reserves 117,411 (117,411)
BALANCE at Dec. 31, 2020 $ 12,354 (847,086) 13,824,820 877,886 6,905,718 500,598 21,274,290
BALANCE (in Shares) at Dec. 31, 2020 [1] 12,354,040            
Issuance of shares $ 6,780 27,967,251 27,974,031
Issuance of shares (in Shares) [1] 6,780,237            
Net income (loss) for the year (938,413) (938,413)
Foreign currency translation adjustment (640,974) (640,974)
Appropriation to statutory reserves 38,262 (38,262)
BALANCE at Dec. 31, 2021 $ 19,134 $ (847,086) $ 41,792,071 $ 916,148 $ 5,929,043 $ (140,376) $ 47,668,934
BALANCE (in Shares) at Dec. 31, 2021 [1] 19,134,277            
[1] Giving retroactive effect to the re-denomination and nominal issuance of shares effected on February 12, 2020, and the surrender and cancellation of shares effected on May 21, 2020.