Leasehold Improvements, Equipment and Other Fixed Assets

6 Months Ended

12 Months Ended

Jun. 30, 2019

Dec. 31, 2018

Leasehold Improvements, Equipment and Other Fixed Assets [Abstract]

LEASEHOLD IMPROVEMENTS, EQUIPMENT AND OTHER FIXED ASSETS

7. LEASEHOLD IMPROVEMENTS, EQUIPMENT AND OTHER FIXED ASSETS

	Leasehold improvements			Machinery and equipment			Office decoration and equipment			Vehicles			Assets under construction			Total
Cost
At 1 January 1 2019	$	2,888,288		$	6,467,812		$	6,081,943		$	17,614,629		$	950,095		$	34,002,767
Additions		151,023			7,421			38,885			-			593,829			791,158
Disposals		(1,579	)		(165,255	)		(36,278	)		(1,052,498	)		-			(1,255,610	)
Transfers in(out)		268,170			15,978			186,446			58,542			(529,136	)		-
Exchange differences		178,450			375,157			360,096			1,007,917			57,051			1,978,671
At 30 June 2019 (Unaudited)		3,484,352			6,701,113			6,631,092			17,628,590			1,071,839			35,516,986
Depreciation
At 1 January 2019		2,353,333			5,503,362			4,527,915			11,442,195			-			23,826,805
Depreciation charged for the period		77,126			310,990			195,032			717,966			-			1,301,114
Disposal		(841	)		(164,978	)		(36,183	)		(1,051,697	)		-			(1,253,699	)
Exchange differences		139,405			325,271			268,497			661,809			-			1,394,982
As 30 June 2019		2,569,023			5,974,645			4,955,261			11,770,273			-			25,269,202
Net book value
At 30 June 2019 (Unaudited)	$	915,329		$	726,468		$	1,675,831		$	5,858,317		$	1,071,839		$	10,247,784

There was no impairment of fixed assets during the six months ended 30 June 2019 and 2018. No fixed assets were pledged as security for bank borrowing.

8. LEASEHOLD IMPROVEMENTS, EQUIPMENT AND OTHER FIXED ASSETS

	Leasehold improvements			Machinery and equipment			Office decoration and equipment			Vehicles			Assets under construction			Total
Cost
At 1 January 1 2017	$	2,586,222		$	5,138,073		$	4,084,144		$	15,206,297		$	38,371		$	27,053,107
Additions		13,031			124,283			338,912			1,314,849			1,114,160			2,905,235
Disposals		(5,586	)		(30,609	)		(40,224	)		(878,198	)		-			(954,617	)
Transfers in(out)		11,568			528,390			215,392			-			(755,350	)
Exchange differences		243,590			502,919			400,395			1,442,791			15,258			2,604,953
At 31 December 2017		2,848,825			6,263,056			4,998,619			17,085,739			412,439			31,608,678
Additions		28,271			259,424			803,285			1,197,559			912,525			3,201,064
Disposals		-			(181,444	)		(1,438	)		(733,602	)		-			(916,484	)
Transfers in(out)		-			103,056			269,445			-			(372,501	)		-
Exchange differences		11,192			23,720			12,032			64,933			(2,368	)		109,509
At 31 December 2018		2,888,288			6,467,812			6,081,943			17,614,629			950,095			34,002,767
Depreciation
At 1 January 2017		1,875,404			3,975,682			3,527,561			9,621,204			-			18,999,851
Depreciation charged for the year		161,320			597,260			333,622			1,156,790			-			2,248,992
Disposal		(5,585	)		(29,597	)		(31,502	)		(868,635	)		-			(935,319	)
Exchange differences		181,249			391,945			341,221			913,258			-			1,827,673
As 31 December 2017		2,212,388			4,935,290			4,170,902			10,822,617			-			22,141,197
Depreciation charged for the year		133,080			656,952			344,308			1,312,393			-			2,446,733
Disposal		-			(104,522	)		(1,437	)		(731,812	)		-			(837,771	)
Exchange differences		7,865			15,642			14,142			38,997			-			76,646
As 31 December 2018		2,353,333			5,503,362			4,527,915			11,442,195			-			23,826,805
Net book value
At 31 December 2018		534,955			964,450			1,554,028			6,172,434			950,095			10,175,962
At 31 December 2017	$	636,437		$	1,327,766		$	827,717		$	6,263,122		$	412,439		$	9,467,481

There was no impairment of fixed assets recorded for the years ended 31 December 2018 and 2017. No fixed assets were pledged as security for bank borrowing. Capital commitments under asset under constructions as of 31 December 2018 and 2017 amounted to $216,316 and Nil respectively.