Subsequent Events |
9 Months Ended |
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Sep. 30, 2019 | |
Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS |
NOTE 13 – SUBSEQUENT EVENTS
On October 31, 2019, the Company received a loan of $44.40 million from The Export-Import Bank of China. The loan is due on October 21, 2025 with annual interest rate of 4.70%.
On November 1, 2019, the Company repaid a short-term bank loan of $4.24 million to Fujian Haixia Bank in accordance with the loan repayment schedule.
On November 1, 2019, the Company received a loan of $4.24 million from Fujian Haixia Bank. The loan is due on November 1, 2020 with annual interest rate of 6.09%.
On November 6, 2019, the Company received a loan of $4.95 million from Fujian Haixia Bank. The loan is due on November 6, 2020 with annual interest rate of 6.09%. |