Annual report pursuant to Section 13 and 15(d)

Prepayment for Long-Term Assets (Tables)

v3.21.2
Prepayment for Long-Term Assets (Tables)
12 Months Ended
Dec. 31, 2020
Prepayment For Long Term Assets [Abstract]  
Schedule of prepayment for long-term assets
    Prepayment
for fishing
vessels’
construction
 
Balance - December 31, 2018   $
-
 
Prepayments made for fishing vessels’ construction     200,844,827  
Reclassification to construction-in-progress     (151,252,132 )
Foreign currency fluctuation     (552,357 )
Balance - December 31, 2019   49,040,338  
Prepayments made for fishing vessels’ construction     125,747,916  
Reclassification to construction-in-progress and fishing vessels     (112,834,725 )
Foreign currency fluctuation     4,129,512  
Balance – December 31, 2020   $ 66,083,041