Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Shareholders??? Equity

v3.21.2
Consolidated Statements of Changes in Shareholders’ Equity - USD ($)
Ordinary Shares
Additional Paid-in Capital
Retained Earnings (Deficit)
Statutory Reserve
Accumulated Other Comprehensive Income (Loss)
Non- controlling Interest
Total
Balance at Dec. 31, 2017 $ 79,055 $ 81,682,599 $ 40,349,189 $ 12,978,343 $ (5,731,889) $ 18,147,859 $ 147,505,156
Balance (in Shares) at Dec. 31, 2017 79,055,053            
Net income (loss) 13,397,301 1,415,397 14,812,698
Appropriation to statutory reserve (1,781,769) 1,781,769
Dividend declared (2,371,652) (2,371,652)
Foreign currency translation adjustment (7,716,158) (670,934) (8,387,092)
Balance at Dec. 31, 2018 $ 79,055 81,682,599 49,593,069 14,760,112 (13,448,047) 18,892,322 151,559,110
Balance (in Shares) at Dec. 31, 2018 79,055,053            
Net income (loss) 5,682,024 698,041 6,380,065
Appropriation to statutory reserve (988,639) 988,639
Foreign currency translation adjustment (2,632,861) (228,458) (2,861,319)
Balance at Dec. 31, 2019 $ 79,055 81,682,599 54,286,454 15,748,751 (16,080,908) 19,361,905 155,077,856
Balance (in Shares) at Dec. 31, 2019 79,055,053            
Net income (loss) (72,878,248) (4,740,332) (77,618,580)
Common stock issuance for professional fees $ 247 363,394 363,641
Common stock issuance for professional fees (in Shares) 247,375            
Appropriation to statutory reserve (2,961) 2,961
Foreign currency translation adjustment 6,512,035 644,738 7,156,773
Balance at Dec. 31, 2020 $ 79,302 $ 82,045,993 $ (18,594,755) $ 15,751,712 $ (9,568,873) $ 15,266,311 $ 84,979,690
Balance (in Shares) at Dec. 31, 2020 79,302,428