Consolidated Balance Sheets - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Current Assets
Cash	$ 95,767,263	$ 94,222,538
Accounts receivable, net	14,525,807	6,521,798
Inventories, net	691,111	419,609
Prepayments and deposits	4,450,037	6,146,461
Prepaid land leases	0	0
Other receivables	644	559
Total Current Assets	115,434,862	107,310,965
Non-Current Assets
Property, plant and equipment, net	162,657,546	148,947,689
Finance lease right-of use assets	184,824	186,272
Operating lease right-of-use assets	8,311,127	8,868,661
Prepaid land leases, net of current portion	10,368,469	10,134,004
Deferred tax assets	12,900,034	18,590,227
Total non-current assets	194,422,000	186,726,853
Total Assets	309,856,862	294,037,818
Current Liabilities
Payable and accrued expenses	10,530,776	5,081,701
Retention payable	0	0
Taxes payable-current	775,708	1,326,179
Amount due to a related party	1,849,044	0
Finance lease liability, current portion	227,429	217,070
Operating lease liabilities, current portion	506,579	477,350
Total Current Liabilities	13,889,536	7,102,300
Non-Current Liabilities
Finance lease liability, net of current portion	1,770,526	1,888,903
Operating lease liabilities, net of current portion	7,557,583	8,022,342
Total Non-Current Liabilities	9,328,109	9,911,245
Total Liabilities	23,217,645	17,013,545
Commitment and Contingencies
Stockholders’ Equity
COMMON STOCK; $0.0005 par value; 80,000,000 shares authorized; 10,517,754 and 10,043,307 shares issued; and 10,471,924 and 9,997,477 shares outstanding as of December 31, 2021 and December 31, 2020	24,376	24,139
Treasury stock; 45,830 and 45,830 shares as of December 31, 2021 and December 31, 2020 at cost	(510,329)	(510,329)
Additional paid-in capital	100,569,159	97,435,316
Retained earnings unappropriated	150,463,638	151,388,356
Retained earnings appropriated	24,233,544	24,233,544
Accumulated other comprehensive income (loss)	11,858,829	4,453,247
Total Stockholders’ Equity	286,639,217	277,024,273
Total Liabilities and Stockholders’ Equity	$ 309,856,862	$ 294,037,818