Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

v3.21.2
Subsequent Events
9 Months Ended
Sep. 30, 2021
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 16 – SUBSEQUENT EVENTS

 

On October 21, 2021, the Company repaid a long-term bank loan of $5.0 million to The Export-Import Bank of China in accordance with the loan repayment schedule.

 

On October 21, 2021, the Company received a subsidy of $724,462.

 

On October 22, 2021, the Company repaid a long-term bank loan of $1.9 million to The Export-Import Bank of China in accordance with the loan repayment schedule.

 

On October 22, 2021, the Company received a loan of $1.8 million from The Export-Import Bank of China. The loan is due on July 1, 2023 with annual interest rate of 2.20%.

 

On October 22, 2021, the Company received a subsidy of $309,445.

 

On October 28, 2021, the Company repaid a long-term bank loan of $2.2 million to The Export-Import Bank of China in accordance with the loan repayment schedule.

 

On October 28, 2021, the Company received a loan of $2.1 million from The Export-Import Bank of China. The loan is due on July 1, 2023 with annual interest rate of 2.20%.

 

On October 28, 2021, the Company repaid a short-term bank loan of $10.8 million to Fujian Haixia Bank in accordance with the loan repayment schedule.

 

On October 28, 2021, the Company received a loan of $9.5 million from The Export-Import Bank of China. The loan is due on July 30, 2026 with annual interest rate of 5.12%.

 

On October 28, 2021, the Company received a loan of $10.8 million from Fujian Haixia Bank. The loan is due on October 28, 2022 with annual interest rate of 6.09%.

 

On November 10, 2021, the Company repaid a short-term bank loan of $0.8 million to China Development Bank in accordance with the loan repayment schedule.