HF Foods (HFFG) 10-K 16 Mar 21 2020 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2020	Mar. 15, 2021	Jun. 30, 2020
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2020
Document Transition Report	false
Entity File Number	001-38180
Entity Registrant Name	HF Foods Group Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	81-2717873
Entity Address, Address Line One	19319 Arenth Ave.
Entity Address, City or Town	City of Industry
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	91748
City Area Code	626
Local Phone Number	338-1090
Title of 12(b) Security	Common Stock, par value $0.0001 per share
Trading Symbol	HFFG
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
ICFR Auditor Attestation Flag	false
Entity Public Float			$ 318,678,000
Entity Common Stock, Shares Outstanding		51,913,411
Documents Incorporated by Reference	Part III of this Annual Report on Form 10-K incorporates by reference certain portions of the registrant’s definitive proxy statement for its 2020 Annual Meeting of Stockholders to be filed with the Securities and Exchange Commission not later than 120 days after the end of the fiscal year covered by this report.
Entity Central Index Key	0001680873
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2020	Dec. 31, 2019
CURRENT ASSETS:
Cash	$ 9,580,853	$ 14,538,286
Accounts receivable, net	24,852,212	50,027,134
Accounts receivable - related parties, net	1,266,573	4,202,870
Inventories, net	58,535,040	77,531,854
Advances to suppliers - related parties	196,803	745,135
Other current assets	4,614,164	4,374,338
TOTAL CURRENT ASSETS	99,045,645	151,419,617
Property and equipment, net	136,869,085	37,538,147
Security deposits - related parties	0	591,380
Operating lease right-of-use assets	931,630	17,155,584
Long-term investments	2,377,164	2,296,276
Intangible assets, net	175,797,650	186,687,950
Goodwill	68,511,941	406,703,348
Deferred tax assets	57,478	78,993
Other long-term assets	694,490	372,499
TOTAL ASSETS	484,285,083	802,843,794
CURRENT LIABILITIES:
Bank overdraft	14,839,747	14,952,510
Lines of credit	18,279,062	41,268,554
Accounts payable	28,391,136	39,689,911
Accounts payable - related parties	1,783,861	4,521,356
Current portion of long-term debt, net	5,641,259	2,726,981
Current portion of obligations under finance leases	286,903	280,243
Current portion of obligations under operating leases	308,148	4,322,503
Accrued expenses and other liabilities	6,178,144	2,610,538
TOTAL CURRENT LIABILITIES	76,701,776	110,445,754
Long-term debt, non-current	88,008,803	18,535,016
Promissory note payable - related party	7,000,000	0
Obligations under finance leases, non-current	766,885	1,053,166
Obligations under operating leases, non-current	623,482	12,833,081
Deferred tax liabilities	46,382,704	52,320,045
TOTAL LIABILITIES	219,483,650	195,187,062
SHAREHOLDERS’ EQUITY:
Preferred stock, value	0	0
Common stock, value	5,191	5,305
Treasury stock, value	0	(12,038,030)
Additional paid-in capital	587,579,093	599,617,009
Retained earnings (accumulated deficit)	(327,150,398)	15,823,661
TOTAL SHAREHOLDER'S EQUITY ATTRIBUTABLE TO HF FOODS GROUP INC.	260,433,886	603,407,945
Noncontrolling interest	4,367,547	4,248,787
TOTAL SHAREHOLDERS’ EQUITY	264,801,433	607,656,732
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 484,285,083	$ 802,843,794

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Preferred stock. par value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred stock, authorized (in shares)	1,000,000	1,000,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, authorized (in shares)	100,000,000	100,000,000
Common stock, issued (in shares)	51,913,411	53,050,211
Common stock, outstanding (in shares)	51,913,411	52,145,096
Treasury stock, shares (in shares)	0	905,115

Consolidated Statements of Oper

Consolidated Statements of Operation - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Revenue	$ 566,831,075	$ 388,162,281
Cost of revenue	466,539,492	324,953,758
GROSS PROFIT	100,291,583	63,208,523
DISTRIBUTION, SELLING AND ADMINISTRATIVE EXPENSES	106,126,392	54,931,157
INCOME (LOSS) FROM OPERATIONS	(5,834,809)	8,277,366
Other Income (Expenses)
Interest income	529	418,530
Interest expense	(3,922,191)	(1,661,454)
Goodwill impairment loss	(338,191,407)	0
Other income	1,355,706	1,057,936
Change in fair value of interest rate swap contracts	(920,358)	0
Total Other Income (Expenses), net	(341,677,721)	(184,988)
INCOME (LOSS) BEFORE INCOME TAX PROVISION	(347,512,530)	8,092,378
PROVISION (BENEFIT) FOR INCOME TAXES	(4,831,731)	2,197,092
NET INCOME (LOSS)	(342,680,799)	5,895,286
Less: net income attributable to noncontrolling interest	293,260	505,609
NET INCOME (LOSS) ATTRIBUTABLE TO HF FOODS GROUP INC.	$ (342,974,059)	$ 5,389,677
Earnings per common share - basic and diluted (in dollars per share)	$ (6.58)	$ 0.22
Weighted average shares - basic and diluted (in shares)	52,095,585	27,113,288
Third Parties
Revenue	$ 553,408,528	$ 368,809,865
Cost of revenue	453,706,426	306,370,972
Related Parties
Revenue	13,422,547	19,352,416
Cost of revenue	$ 12,833,066	$ 18,582,786

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Cash flows from operating activities:
Net Income (Loss)	$ (342,680,799)	$ 5,895,286
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization expense	17,868,596	6,754,508
Goodwill impairment loss	338,191,407	0
Gain (loss) from disposal of equipment	(151,676)	65,624
Allowance for doubtful accounts	1,564,321	72,359
Allowance for inventory obsolescence	129,150	(16,928)
Deferred tax benefit	(5,915,827)	(250,705)
Income from equity method investment	(80,888)	(6,886)
Change in fair value of interest rate swap contracts	920,358	0
Changes in operating assets and liabilities:
Accounts receivable, net	23,425,562	(4,758,186)
Accounts receivable - related parties, net	2,936,297	1,483,211
Inventories, net	18,867,664	1,112,728
Advances to suppliers - related parties	548,332	781,347
Other current assets	(204,859)	(271,098)
Other long-term assets	(298,209)	142,426
Accounts payable	(11,391,797)	(2,668,541)
Accounts payable - related parties	(2,737,495)	(929,903)
Operating lease liability	(385,250)	(1,601,678)
Accrued expenses and other liabilities	3,526,399	(1,137,036)
Net cash provided by operating activities	44,131,286	4,666,528
Cash flows from investing activities:
Cash received from acquisition of B&R Global	0	7,017,467
Purchase of property and equipment	(664,750)	(4,835,929)
Proceeds from disposal of equipment	257,372	286,831
Cash received from long-term notes receivable	0	290,071
Payment made for notes receivable	0	(108,750)
Proceeds from long-term notes receivable to related parties	0	386,358
Payment made for long-term notes receivable to related parties	0	(260,933)
Payment made for acquisition of B&R Realty	(94,004,068)	0
Net cash provided by (used in) investing activities	(94,411,446)	2,775,115
Cash flows from financing activities:
Proceeds from bank overdraft	5,367,468	2,870,416
Repayment of bank overdraft	(5,480,231)	0
Proceeds from lines of credit	553,192,068	144,045,699
Repayment of lines of credit	(576,312,758)	(146,661,467)
Proceeds from long-term debt	75,600,006	8,378,467
Repayment of long-term debt	(6,589,704)	(6,338,525)
Repayment of obligations under finance leases	(279,622)	(384,851)
Cash distribution paid to shareholders	(174,500)	(302,500)
Net cash used in financing activities	45,322,727	1,607,239
Net increase (decrease) in cash	(4,957,433)	9,048,882
Cash at beginning of the year	14,538,286	5,489,404
Cash at end of the year	$ 9,580,853	$ 14,538,286

Consolidated Statements of Chan

Consolidated Statements of Changes In Shareholders' Equity - USD ($)	Total	Total Shareholders’ Equity Attributable to HF Foods Group Inc	Common Stock	Treasury Stock	Additional Paid-in Capital	Retained Earnings (Accumulated Deficit)	Noncontrolling Interest
Balance (in shares) at Dec. 31, 2018			22,167,486	0
Balance at Dec. 31, 2018	$ 34,461,482	$ 33,356,804	$ 2,217	$ 0	$ 22,920,603	$ 10,433,984	$ 1,104,678
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss)	5,895,286	5,389,677				5,389,677	505,609
Exercise of Stock Options (in shares)			182,725
Exercise of Stock Options	0		$ 18		(18)
Buyback of common stock from a shareholder in exchange for notes receivable (shares)				(905,115)
Buyback of common stock from a shareholder in exchange for notes receivable	(12,038,030)	(12,038,030)		$ (12,038,030)
Acquisition of B&R Global by issuance of common stock (in shares)			30,700,000
Acquisition of B&R Global by issuance of common stock	579,640,494	576,699,494	$ 3,070		576,696,424		2,941,000
Distribution to shareholders	(302,500)						(302,500)
Balance (in shares) at Dec. 31, 2019			53,050,211	(905,115)
Balance at Dec. 31, 2019	607,656,732	603,407,945	$ 5,305	$ (12,038,030)	599,617,009	15,823,661	4,248,787
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss)	(342,680,799)	(342,974,059)				(342,974,059)	293,260
Buyback of common stock from a shareholder in exchange for notes receivable	0
Escrow shares transferred to and recorded as treasury stock by the Company (in shares)				(231,685)
Retirement of treasury stock (in shares)			(1,136,800)	1,136,800
Retirement of treasury stock	0		$ (114)	$ 12,038,030	(12,037,916)
Distribution to shareholders	(174,500)						(174,500)
Balance (in shares) at Dec. 31, 2020			51,913,411	0
Balance at Dec. 31, 2020	$ 264,801,433	$ 260,433,886	$ 5,191	$ 0	$ 587,579,093	$ (327,150,398)	$ 4,367,547

ORGANIZATION AND BUSINESS DESCR

ORGANIZATION AND BUSINESS DESCRIPTION	12 Months Ended
	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND BUSINESS DESCRIPTION	ORGANIZATION AND BUSINESS DESCRIPTION Organization and General HF Foods Group Inc. and subsidiaries (collectively “HF Group”, or the “Company”) markets and distributes fresh produce, frozen and dry food, and non-food products to primarily Asian restaurants and other foodservice customers throughout the Southeast, Pacific and Mountain West regions of the United States. The Company was originally incorporated in Delaware on May 19, 2016 as a special purpose acquisition company ("SPAC") under the name Atlantic Acquisition Corp. (“Atlantic”), in order to acquire, through merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. Reorganization of HF Holding HF Group Holding Corporation (“HF Holding”) was incorporated in the State of North Carolina on October 11, 2017. Effective January 1, 2018, HF Holding entered into a Share Exchange Agreement (the “Agreement”) whereby the controlling shareholders of the following eleven entities contributed their respective stocks to HF Holding in exchange for all of HF Holding’s outstanding shares. Upon completion of the share exchanges, these entities became either wholly-owned or majority-owned subsidiaries of HF Holding. • Han Feng, Inc. (“Han Feng”) • Truse Trucking, Inc. (“TT”) • Morning First Delivery, Inc. (“MFD”) • R&N Holdings, LLC (“R&N Holdings”) • R&N Lexington, LLC (“R&N Lexington”) • Kirnsway Manufacturing, Inc. (“Kirnsway”) • Chinesetg, Inc. (“Chinesetg”) • New Southern Food Distributors, Inc. (“NSF”) • B&B Trucking Services, Inc. (“BB”) • Kirnland Food Distribution, Inc. (“Kirnland”) • HG Realty, LLC (“HG Realty”) In accordance with Financial Accounting Standards Board’s (“FASB") Accounting Standards Codification (“ASC”) 805-50-25, the transaction consummated through the Agreement has been accounted for as a transaction among entities under common control since the same shareholders controlled all these eleven entities prior to the execution of the Agreement. Furthermore, ASC 805-50-45-5 indicates that the financial statements and financial information presented for prior years also shall be retrospectively adjusted to furnish comparative information. In accordance with ASC 805-50-30-5, when accounting for a transfer of assets or exchange of shares between entities under common control, the entity that receives the net assets or the equity interests should initially recognize the assets and liabilities transferred at their carrying amounts in the accounts of the transferring entity at the date of the transfer. If the carrying amounts of the assets and liabilities transferred differ from the historical cost of the parent of the entities under common control, then the financial statements of the receiving entity should reflect the transferred assets and liabilities at the historical cost of the parent of the entities under common control. Accordingly, the Company has recorded the assets and liabilities transferred from the above entities at their carrying amount. The following table summarizes the entities under HF Foods Group Inc. after the above-mentioned reorganization, together with new entities formed after the Atlantic Transactions as described below: Name Date of formation / Place of formation / Percentage Principal activities Parent: HF Holding October 11, 2017 North Carolina, USA 100% Holding Company Subsidiaries: Han Feng January 14, 1997 North Carolina, USA 100% Foodservice distributor TT August 6, 2002 North Carolina, USA 100% Logistic service provider MFD April 15, 1999 North Carolina, USA 100% Logistic service provider R&N Holdings November 21, 2002 North Carolina, USA 100% Real estate holding company R&N Lexington May 27, 2010 North Carolina, USA 100% Real estate holding company R&N Charlotte, LLC July 10, 2019 North Carolina, USA 100% Real estate holding company Kirnsway May 24, 2006 North Carolina, USA 100% Design and printing services provider Chinesetg July 12, 2011 New York, USA 100% Design and printing services provider NSF December 17, 2008 Florida, USA 100% Foodservice distributor BB September 12, 2001 Florida, USA 100% Logistic service provider Kirnland April 11, 2006 Georgia, USA 66.7% Foodservice distributor HG Realty May 11, 2012 Georgia, USA 100% Real estate holding company HF Foods Industrial, L.L.C. ("HF Foods Industrial") December 10, 2019 North Carolina, USA 60.0% Food processing company 273 Fifth Avenue, L.L.C. ("273 Co") October 10, 2020 Delaware, USA 100% Real estate lease holding company Reverse Acquisition of HF Holding Effective August 22, 2018, Atlantic consummated the transactions contemplated by a merger agreement (the “Atlantic Merger Agreement”), dated as of March 28, 2018, by and among Atlantic, HF Group Merger Sub, Inc. ("HF Merger Sub"), a Delaware subsidiary formed by Atlantic, HF Holding, the stockholders of HF Holding, and Company's former director and Co-CEO, Zhou Min Ni, as representative of the stockholders of HF Holding. Pursuant to the Atlantic Merger Agreement, HF Holding merged with HF Merger Sub and HF Holding became the surviving entity (the “Atlantic Merger”) and a wholly-owned subsidiary of Atlantic (the “Atlantic Acquisition”). Additionally, upon the closing of the transactions contemplated by the Atlantic Merger Agreement, the stockholders of HF Holding became the holders of a majority of the shares of common stock of Atlantic, and Atlantic changed its name to HF Foods Group, Inc. (Collectively, these transactions are referred to as the “Atlantic Transactions”). At closing on August 22, 2018, Atlantic issued the HF Holding stockholders an aggregate of 19,969,831 shares of its common stock, equal to approximately 88.5% of the aggregate issued and outstanding shares of Atlantic’s common stock. The pre-Atlantic Transactions' stockholders owned the remaining 11.5% of the issued and outstanding shares of common stock of the combined entity. Following the consummation of the Atlantic Transactions on August 22, 2018, there were 22,167,486 shares of common stock issued and outstanding, consisting of (i) 19,969,831 shares issued to HF Holding’s stockholders pursuant to the Atlantic Merger Agreement, (ii) 400,000 shares redeemed by one of Atlantic’s shareholders in conjunction with the Atlantic Transactions, (iii) 10,000 restricted shares issued to one of Atlantic’s shareholders in conjunction with the Atlantic Transactions, and (iv) 2,587,655 shares originally issued to the pre-Atlantic Transactions stockholders of Atlantic. The Atlantic Transactions was treated as a reverse acquisition under the acquisition method of accounting in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). For accounting purposes, HF Holding was considered to be acquiring Atlantic in this transaction. Therefore, the aggregate consideration paid in connection with the business combination was allocated to Atlantic’s tangible and intangible assets and liabilities based on their fair market values. The assets and liabilities and results of operations of Atlantic were consolidated into the results of operations of HF Holding as of the completion of the Atlantic Transactions. HF Holding Entities Organized Post-Atlantic Transactions On July 10, 2019, the Company, through its subsidiary Han Feng, formed a new real estate holding company, R&N Charlotte. R&N Charlotte owns a 4.66 acre tract of land with appurtenant 115,570 square foot of office, warehouse, and industrial facility located in Charlotte, North Carolina. On December 10, 2019, the Company, through its subsidiary Han Feng, formed a new food processing company, HF Foods Industrial, as owner of 60% of membership interest. On October 1, 2020, the Company, through its subsidiary HF Group Holding, formed a wholly-owned new real estate lease holding company, 273 Co. Business Combination with B&R Global Effective November 4, 2019, HF Group consummated the transactions contemplated by a merger agreement (the “B&R Merger Agreement”), dated as of June 21, 2019, by and among the Company, B&R Merger Sub, Inc., a Delaware corporation (“Merger Sub”), B&R Global Holdings, Inc. ("B&R Global"), the stockholders of B&R Global (the ”B&R Global Stockholders”), and Xiao Mou Zhang, as representative of the stockholders (the “Business Combination”). Upon the closing of the transactions contemplated by the B&R Merger Agreement (the “Closing”), Merger Sub merged with and into B&R Global, resulting in B&R Global becoming a wholly owned subsidiary of HF Group. HF Group acquired 100% of the controlling interest of B&R Global, in exchange for 30,700,000 shares of HF Group Common Stock. Pursuant to the B&R Merger Agreement, the aggregate fair value of the consideration paid by HF Group in the Business Combination was $576,699,494, based on the closing share price of the Company’s common stock at the date of Closing. Formed in 2014 as a holding company to acquire and consolidate the various operating entities (listed below) under one roof, B&R Global, through its subsidiaries, supplies foodservice items to approximately 5,000 restaurants across 11 Western states, and combined with HF Group, creates what the Company believes is the largest food distributor to Asian restaurants in the United States. The combined entity now has 13 distribution centers strategically located in 8 states across the Southeast, Pacific and Mountain West regions of the United States and operates a fleet of over 300 refrigerated vehicles. With over 780 employees and subcontractors supported by two call centers in China, HF Group now serves around 10,000 restaurants in 22 states and provides round-the-clock sales and service support to its customers, who mainly converse in Mandarin or Chinese dialects. The following table summarizes the entities under B&R Global in the Business Combination: Name Date of formation / Place of formation / Percentage of legal Principal activities Parent: B&R Global January 3, 2014 Delaware, USA — Holding Company Subsidiaries: Rongcheng Trading, LLC (“RC”) January 31, 2006 California, USA 100% Foodservice distributor Capital Trading, LLC (“UT”) March 10, 2003 Utah, USA 100% Foodservice distributor Win Woo Trading, LLC (‘WW”) January 23, 2004 California, USA 100% Foodservice distributor Mountain Food, LLC (“MF”) May 2, 2006 Colorado, USA 100% Foodservice distributor R & C Trading L.L.C. (“RNC”) November 26, 2007 Arizona, USA 100% Foodservice distributor Great Wall Seafood LA, LLC (“GW”) March 7, 2014 California, USA 100% Foodservice distributor B&L Trading, LLC (“BNL”) July 18, 2013 Washington, USA 100% Foodservice distributor Min Food, Inc. (“MIN”) May 29, 2014 California, USA 60.25% Foodservice distributor B&R Group Logistics Holding, LLC (“BRGL”) July 17, 2014 Delaware, USA 100% Logistic service provider Ocean West Food Services, LLC (“OW”) December 22, 2011 California, USA 67.5% Foodservice distributor Monterey Food Service, LLC (“MS”) September 14, 2017 California, USA 65% Foodservice distributor Irwindale Poultry, LLC (“IP”) December 27, 2017 California, USA 100% Poultry processing company Best Choice Trucking, LLC (“BCT”) January 1, 2011 California, USA 100% Logistic service provider KYL Group, Inc. (“KYL”) April 18, 2014 Nevada, USA 100% Logistic service provider American Fortune Foods Inc. (“AF”) February 19, 2014 California, USA 100% Logistic and import service provider Happy FM Group, Inc. (“HFM”) April 9, 2014 California, USA 100% Logistic service provider GM Food Supplies, Inc. (“GM”) March 22, 2016 California, USA 100% Logistic service provider Lin’s Distribution, Inc., Inc. (“LIN”) February 2, 2010 Utah, USA 100% Logistic service provider Lin’s Farms, LLC (“LNF”) July 2, 2014 Utah, USA 100% Poultry processing company New Berry Trading, LLC (“NBT”) September 5, 2012 California, USA 100% Logistic service provider Hayward Trucking, Inc. (“HRT”) September 5, 2012 California, USA 100% Logistic service provider Fuso Trucking Corp. (“FUSO”) January 20, 2015 California, USA VIE* Logistic service provider Yi Z Service LLC (“YZ”) October 2, 2017 California, USA 100% Logistic service provider Golden Well Inc. (“GWT”) November 8, 2011 California, USA 100% Logistic service provider Kami Trading Inc. (“KAMI”) November 20, 2013 California, USA 100% Import service provider Royal Trucking Services, Inc. (“RTS”) May 19, 2015 Washington, USA 100% Logistic service provider Royal Service Inc. (“RS”) December 29, 2014 Oregon, USA 100% Logistic service provider MF Food Services Inc. (“MFS”) December 21, 2017 California, USA 100% Logistic service provider * At the acquisition date and as of December 31, 2020, B&R Global consolidates FUSO, which is considered as a variable interest entity (“VIE”) under U.S. GAAP, due to its pecuniary and contractual interest in this entity as a result of the funding arrangements outlined in the entity. Acquisition of Real Estate Companies On January 17, 2020, the Company completed the transactions contemplated by that certain membership interest purchase agreement dated the same date (the “Purchase Agreement”) by and among its subsidiary B&R Global, B&R Group Realty Holding, LLC ("BRGR"), and nine subsidiary limited liability companies wholly owned by BRGR (the “BRGR Subsidiaries”) (the “Realty Acquisition”). Pursuant to the Purchase Agreement, B&R Global acquired all equity membership interests in the BRGR Subsidiaries, which own 10 warehouse facilities that were being leased by the Company for its operations in California, Arizona, Utah, Colorado, Washington, and Montana for purchase consideration of $101,269,706. Consideration for Realty Acquisition was funded by (1) $75.6 million in mortgage-backed term loans financed under the Second Amended Credit Agreement (see Note 11 for additional information), (2) issuance by B&R Global of a $7.0 million Unsecured Subordinated Promissory Note (the “Note”) to BRGR, and (iii) payment of $18.7 million from funds drawn from the Company’s revolving credit facility. The following table summarizes B&R Global’s additional wholly owned subsidiaries as a result of the Realty Acquisition: Name Date of formation / Place of formation / Percentage of legal Principal activities A & Kie, LLC ("AK") March 26, 2010 Arizona, USA 100% Real estate holding company B & R Realty, LLC ("BRR") August 28, 2013 California, USA 100% Real estate holding company Big Sea Realty, LLC ("BSR") April 3, 2013 Washington, USA 100% Real estate holding company Fortune Liberty, LLC ("FL") November 22, 2006 Utah, USA 100% Real estate holding company Genstar Realty, LLC ("GSR") February 27, 2012 California, USA 100% Real estate holding company Hardin St Properties, LLC ("HP") December 5, 2012 Montana, USA 100% Real estate holding company Lenfa Food, LLC ("LF") February 14, 2002 Colorado, USA 100% Real estate holding company Lucky Realty, LLC ("LR") September 3, 2003 California, USA 100% Real estate holding company Murray Properties, LLC ("MP") February 27, 2013 Utah, USA 100% Real estate holding company

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation and Principles of Consolidation The accompanying consolidated financial statements have been prepared in accordance with U.S. GAAP. The consolidated financial statements include the financial statements of HF Group, its subsidiaries and the VIE. The VIE has been accounted for at historical cost and prepared on the basis as if common control had been established as of the beginning of the first period presented in the accompanying consolidated financial statements. All inter-company balances and transactions have been eliminated upon consolidation. U.S. GAAP provides guidance on the identification of VIE and financial reporting for entities over which control is achieved through means other than voting interests. The Company evaluates each of its interests in an entity to determine whether or not the investee is a VIE and, if so, whether the Company is the primary beneficiary of such VIE. In determining whether the Company is the primary beneficiary, the Company considers if the Company (1) has power to direct the activities that most significantly affect the economic performance of the VIE, and (2) receives the economic benefits of the VIE that could be significant to the VIE. If deemed the primary beneficiary, the Company consolidates the VIE. As of December 31, 2020 and 2019, FUSO is considered to be a VIE. FUSO was established solely to provide exclusive services to the Company. The entity lacks sufficient equity to finance its activities without additional subordinated financial support from the Company, and the Company has the power to direct the VIEs’ activities. In addition, the Company receives the economic benefits from the entity and has concluded that the Company is a primary beneficiary. The carrying amounts of the assets, liabilities, the results of operations and cash flows of the VIE is included in the Company’s consolidated balance sheets, statements of income (loss) and statements of cash flows are as follows: December 31, 2020 December 31, 2019 Current assets $ 47,822 $ 158,184 Non-current assets 115,934 301,803 Total assets $ 163,756 $ 459,987 Current liabilities $ 496,234 $ 805,666 Non-current liabilities 39,475 69,321 Total liabilities $ 535,709 $ 874,987 For the year ended December 31 2020 2019 Net revenue $ 2,020,416 $ 420,163 Net income $ 43,046 $ 68,449 For the year ended December 31 2020 2019 Net cash provided by operating activities $ 246,153 $ 201,885 Net cash used in financing activities (265,004) (207,159) Net decrease in cash and cash equivalents $ (18,851) $ (5,274) Noncontrolling Interests U.S. GAAP requires that noncontrolling interests in subsidiaries and affiliates be reported in the equity section of a company’s balance sheet. In addition, the amounts attributable to the net income (loss) of those subsidiaries are reported separately in the consolidated statements of income. As of December 31, 2020 and 2019, noncontrolling interest equity consisted of the following: Name of Entity Percentage of December 31, 2020 December 31, 2019 Kirnland 33.33 % $ 1,384,780 $ 1,292,623 MIN 39.75 % 889,596 896,980 MS 35.00 % 459,816 459,126 OW 32.50 % 1,633,355 1,600,058 Total $ 4,367,547 $ 4,248,787 Uses of Estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during each reporting period. Actual results could differ from those estimates. Significant accounting estimates reflected in the Company’s consolidated financial statements include, but are not limited to, allowance for doubtful accounts, useful lives of property and equipment, lease assumptions, impairment of long-lived assets, long-term investments, goodwill, the purchase price allocation and fair value of noncontrolling interests with respect to business combinations, realization of deferred tax assets, and uncertain income tax positions. Cash and Cash Equivalents The Company considers all highly liquid investments purchased with a maturity of three or fewer months to be cash equivalents. As of December 31, 2020 and 2019, the Company had no cash equivalents. Accounts Receivable Accounts receivable represent amounts due from customers in the ordinary course of business and are recorded at the invoiced amount and do not bear interest. Receivables are presented net of the allowance for doubtful accounts in the accompanying consolidated balance sheets. The Company evaluates the collectability of its accounts receivable and determines the appropriate allowance for doubtful accounts based on a combination of factors. When the Company is aware of a customer’s inability to meet its financial obligation, a specific allowance for doubtful accounts is recorded, reducing the receivable to the net amount the Company reasonably expects to collect. In addition, allowances are recorded for all other receivables based on historic collection trends, write-offs and the aging of receivables. The Company uses specific criteria to determine uncollectible receivables to be written off, including, e.g., bankruptcy filings, the referral of customer accounts to outside parties for collection, and the length that accounts remain past due. As of December 31, 2020 and 2019, allowances for doubtful accounts were $909,182 and $623,970, respectively. Inventories The Company’s inventories, consisting mainly of food and other food service-related products, are primarily considered as finished goods. Inventory costs, including the purchase price of the product and freight charges to deliver it to the Company’s warehouses, are net of certain cash or non-cash consideration received from vendors. The Company assesses the need for valuation allowances for slow-moving, excess and obsolete inventories by estimating the net recoverable value of such goods based upon inventory category, inventory age, specifically identified items, and overall economic conditions. Inventories are stated at the lower of cost or net realizable value using the first-in, first-out (FIFO) method. As of December 31, 2020 and 2019, the valuation allowance was $146,078 and $16,928, respectively. Property and Equipment Property and equipment are stated at cost, less accumulated depreciation and amortization. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets. Following are the estimated useful lives of the Company’s property and equipment: Estimated useful lives (years) Automobiles 3 — 7 Buildings and improvements 7 — 39 Furniture and fixtures 4 — 10 Machinery and equipment 3 — 10 Repair and maintenance costs are charged to expense as incurred, whereas the cost of renewals and betterment that extends the useful lives of property, plant and equipment are capitalized as additions to the related assets. Retirements, sales and disposals of assets are recorded by removing the cost and accumulated depreciation from the asset and accumulated depreciation accounts with any resulting gain or loss reflected in the consolidated statements of income in other income or expenses. Business Combinations The Company accounts for its business combinations using the purchase method of accounting in accordance with ASC 805 (“ASC 805”), Business Combinations . The purchase method of accounting requires that the consideration transferred be allocated to the assets, including separately identifiable assets and liabilities the Company acquired, based on their estimated fair values. The consideration transferred in an acquisition is measured as the aggregate of the fair values at the date of exchange of the assets given, liabilities incurred, and equity instruments issued as well as the contingent considerations and all contractual contingencies as of the acquisition date. Identifiable assets, liabilities and contingent liabilities acquired or assumed are measured separately at their fair value as of the acquisition date, irrespective of the extent of any non-controlling interests. The excess of (i) the total of cost of acquisition, fair value of the noncontrolling interests and acquisition date fair value of any previously held equity interest in the acquiree over, (ii) the fair value of the identifiable net assets of the acquiree, is recorded as goodwill. If the cost of acquisition is less than the fair value of the net assets of the subsidiary acquired, the difference is recognized directly in earnings. The Company estimates the fair value of assets acquired and liabilities assumed in a business combination. While the Company uses its best estimates and assumptions to accurately value assets acquired and liabilities assumed at the acquisition date, its estimates are inherently uncertain and subject to refinement. Significant estimates in valuing certain intangible assets include, but are not limited to future expected revenues and cash flows, useful lives, discount rates, and selection of comparable companies. Although the Company believes the assumptions and estimates it has made in the past have been reasonable and appropriate, they are based in part on historical experience and information obtained from management of the acquired companies and are inherently uncertain. During the measurement period, which may be up to one year from the acquisition date, the Company records adjustments to the assets acquired and liabilities assumed with the corresponding offset to goodwill. On the conclusion of the measurement period or final determination of the values of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments are recorded to the Company’s consolidated statements of operations. Transaction costs associated with business combinations are expensed as incurred, and are included in distribution, selling and administrative expenses in the Company’s consolidated statements of operations. The results of operations of the businesses that the Company acquired are included in the Company’s consolidated financial statements from the date of acquisition. Goodwill Goodwill represents the excess of the purchase price over the fair value of net assets acquired in a business combination. The Company tests goodwill for impairment at least annually, in the fourth quarter, or whenever events or changes in circumstances indicate that goodwill might be impaired. The Company reviews the carrying values of goodwill and identifiable intangibles whenever events or changes in circumstances indicate that such carrying values may not be recoverable and annually for goodwill and indefinite lived intangible assets as required by ASC Topic 350 (“ASC 350”), Intangibles — Goodwill and Other . This guidance provides the option to first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying value. If, based on a review of qualitative factors, it is more likely than not that the fair value of a reporting unit is less than its carrying value, the Company performs a quantitative analysis. If the quantitative analysis indicates the carrying value of a reporting unit exceeds its fair value, the Company measures any goodwill impairment losses as the amount by which the carrying amount of a reporting unit exceeds its fair value, not to exceed the total amount of goodwill allocated to that reporting unit. The Company opted the early adoption of Accounting Standards Update (“ASU”) 2017-4, Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment . The standard simplifies the subsequent measurement of goodwill by removing Step 2 of the current goodwill impairment test, which requires a hypothetical purchase price allocation. Under the new standard, an impairment loss will be recognized in the amount by which a reporting unit's carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. Intangible Assets Intangible assets are carried at cost and amortized on a straight-line basis over their estimated useful lives. The Company determines the appropriate useful life of its intangible assets by measuring the expected cash flows of acquired assets. The estimated useful lives of intangible assets are as follows: Estimated useful lives (years) Tradenames 10 Customer relationships 20 Long term investments The Company’s investments in unconsolidated entities consist of equity investments and investment without readily determinable fair value. The Company follows ASC Topic 321 (“ASC 321”), Investments – Equity Securities , using the measurement alternative to measure investments in investees that do not have readily determinable fair value and over which the Company does not have significant influence at cost, less any impairment, plus or minus changes resulting from observable price changes in orderly transactions for identical or similar investments of the same issuer, if any. The Company makes a qualitative assessment of whether the investment is impaired at each reporting date. If a qualitative assessment indicates that the investment is impaired, the Company has to estimate the investment’s fair value in accordance with the principles of ASC Topic 820 (“ASC 820”), Fair Value Measurements and Disclosures. If the fair value is less than the investment’s carrying value, the entity has to recognize an impairment loss in net income equal to the difference between the carrying value and fair value. Investments in entities in which the Company can exercise significant influence but does not own a majority equity interest or control are accounted for using the equity method of accounting in accordance with ASC Topic 323 (“ASC 323”), Investments-Equity Method and Joint Ventures . Under the equity method, the Company initially records its investment at cost and the difference between the cost and the fair value of the underlying equity in the net assets of the equity investee is recognized as equity method goodwill, which is included in the equity method investment on the consolidated balance sheets. The equity method goodwill is not subsequently amortized and is not tested for impairment under ASC 350. The Company subsequently adjusts the carrying amount of the investment to recognize the Company’s proportionate share of each equity investee’s net income or loss into earnings after the date of investment. The Company evaluates the equity method investments for impairment under ASC 323. An impairment loss on the equity method investments is recognized in earnings when the decline in value is determined to be other-than-temporary. The Company did not record any impairment loss on its long term investments as of December 31, 2020 and 2019. Impairment of Long-lived Assets other than goodwill The Company assesses its long-lived assets such as property and equipment for impairment whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. Factors which may indicate potential impairment include a significant underperformance related to the historical or projected future operating results or a significant negative industry or economic trend. Recoverability of these assets is measured by comparison of their carrying amounts to future undiscounted cash flows the assets are expected to generate. If property and equipment, and intangible assets are considered to be impaired, the impairment to be recognized equals the amount by which the carrying value of the assets exceeds their fair value. The Company did not record any impairment loss on its long-lived assets as of December 31, 2020 and 2019. Revenue Recognition The Company recognizes revenue from the sale of products when title and risk of loss passes and the customer accepts the goods, which occurs at delivery. Sales taxes invoiced to customers and remitted to government authorities are excluded from net sales. The Company follows ASU 2014-09, Revenue from Contracts with Customers (Topic 606) . The Company recognizes revenue that represents the transfer of goods and services to customers in an amount that reflects the consideration to which the Company expects to be entitled in such exchange. This requires the Company to identify contractual performance obligations and determine whether revenue should be recognized at a point in time or over time, based on when control of goods and services transfer to a customer. The majority of the Company’s contracts have one single performance obligation, as the promise to transfer the individual goods is not separately identifiable from other promises in the contracts and is, therefore, not distinct. The Company’s revenue streams are recognized at a specific point in time. For the years ended December 31, 2020 and 2019, revenue recognized from performance obligations related to prior periods was insignificant. Revenue expected to be recognized in any future periods related to remaining performance obligations is insignificant. The following table summarizes disaggregated revenue from contracts with customers by geographic locations: For the Years Ended December 31, December 31, Arizona $ 34,952,390 $ 7,196,217 California 192,998,208 54,877,209 Colorado 34,908,440 6,658,931 Florida 65,415,191 91,173,814 Georgia 46,985,078 65,173,052 North Carolina 108,954,235 145,756,172 Utah 52,458,685 8,249,684 Washington 30,158,848 9,077,202 Total $ 566,831,075 $ 388,162,281 Shipping and Handling Costs Shipping and handling costs, which include costs related to the selection of products and their delivery to customers, are presented in distribution, selling and administrative expenses. Shipping and handling costs were $6,813,693 and $4,443,967 for the years ended December 31, 2020 and 2019, respectively. Income Taxes The Company accounts for income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements. Under this method, the Company determines deferred tax assets and liabilities on the basis of the differences between the financial statement and tax bases of assets and liabilities by using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. The Company recognizes deferred tax assets to the extent that it believes that these assets are more likely than not to be realized. In making such a determination, the Company considers all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies, and results of recent operations. If the Company determines that it would be able to realize its deferred tax assets in the future in excess of their net recorded amount, the Company would make an adjustment to the deferred tax asset valuation allowance, which would reduce the provision for income taxes. The Company records uncertain tax positions in accordance with ASC 740 (“ASC 740”), Income Taxes , on the basis of a two-step process in which (1) the Company determines whether it is more likely than not that the tax positions will be sustained on the basis of the technical merits of the position and (2) for those tax positions that meet the more-likely-than-not recognition threshold, the Company recognizes the largest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement with the related tax authority. The Company does not believe that there were any uncertain tax positions at December 31, 2020 and 2019. Leases On January 1, 2019, the Company adopted ASU 2016-02, Leases (Topic 842) ("Topic 842"). For all leases that were entered into prior to the effective date of ASC 842, the Company elected to apply the package of practical expedients. Based on this guidance the Company will not reassess the following: (1) whether any expired or existing contracts are or contain leases; (2) the lease classification for any expired or existing leases; and (3) initial direct costs for any existing leases. The adoption of Topic 842 did not have a material impact on the Company’s consolidated balance sheets or on its consolidated statements of operations. The adoption of Topic 842 resulted in the presentation of $21.2 million of operating lease assets and operating lease liabilities on the consolidated balance sheet as of January 1, 2019. See Note 11 for additional information. As a result of the Realty Acquisition (see Note 8 for additional information), nine leases previously included in the operating lease asset and liabilities balance were eliminated during consolidation. As of December 31, 2020 and 2019, the balances for operating lease assets and liabilities were $931,630 and $17,155,584, respectively. See Note 13 for additional information. The Company determines if an arrangement is a lease at inception. Operating leases are included in operating lease right-of-use (“ROU”) assets, current portion of obligations under operating leases, and obligations under operating leases, non-current on the Company’s consolidated balance sheets. Finance leases are included in property and equipment, net, current portion of finance lease liabilities, and finance lease liabilities, non-current on the consolidated balance sheets. Operating lease ROU assets and operating lease liabilities are recognized based on the present value of the future minimum lease payments over the lease term at commencement date. As most of the Company’s leases do not provide an implicit rate, the Company uses its incremental borrowing rate based on the information available at commencement date in determining the present value of future payments. The operating lease ROU asset also includes any lease payments made and excludes lease incentives and initial direct costs incurred. The Company’s lease terms may include options to extend or terminate the lease when it is reasonably certain that the Company will exercise that option. Lease expense for minimum lease payments is recognized on a straight-line basis over the lease term. Earnings Per Share The Company computes earnings per share (“EPS”) in accordance with ASC Topic 260 (“ASC 260”), Earnings per Share . ASC 260 requires companies with complex capital structures to present basic and diluted EPS. Basic EPS is measured as net income divided by the weighted average common shares outstanding for the period. Diluted EPS is similar to basic EPS but presents the dilutive effect on a per share basis of potential common shares (e.g., convertible securities, options and warrants) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential common shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS. There is no anti-dilutive effect for the years ended December 31, 2020 and 2019. Fair Value of Financial Instruments The Company follows the provisions of FASB ASC 820, Fair Value Measurements and Disclosures . ASC 820 clarifies the definition of fair value, prescribes methods for measuring fair value, and establishes a fair value hierarchy to classify the inputs used in measuring fair value as follows: • Level 1 - Inputs are unadjusted quoted prices in active markets for identical assets or liabilities available at the measurement date. • Level 2 - Inputs are unadjusted quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, inputs other than quoted prices that are observable, and inputs derived from or corroborated by observable market data. • Level 3 - Inputs are unobservable inputs which reflect the reporting entity’s own assumptions about what assumptions market participants would use in pricing the asset or liability based on the best available information. Any transfers of assets or liabilities between Level 1, Level 2, and Level 3 of the fair value hierarchy will be recognized at the end of the reporting period in which the transfer occurs. There were no transfers between fair value levels in any of the periods presented herein. The carrying amounts reported in the balance sheets for cash, accounts receivable, advances to suppliers, other current assets, accounts payable, bank overdraft, income tax payable, current portion of long-term debt, current portion of obligations under finance and operating leases, and accrued expenses and other liabilities approximate their fair value based on the short-term maturity of these instruments. Derivative Financial Instrument In accordance with the guidance in ASC Topic 815 ("ASC 815"), Derivatives and Hedging, d erivative financial instruments are recognized as assets or liabilities on the consolidated balance sheets at fair value. The Company has not designated its interest rate swap ("IRS") contracts as hedges for accounting treatment. Pursuant to U.S. GAAP, income or loss from fair value changes for derivatives that are not designated as hedges by management are reflected as income or loss on the statement of operations. Net amounts received or paid under the interest rate swap contracts are recognized as an increase or decrease to interest expense when such amounts are incurred. The Company is exposed to credit loss in the event of nonperformance by the counterparty. Concentrations and Credit Risk Credit risk Accounts receivable are typically unsecured and derived from revenue earned from customers, and thereby exposed to credit risk. The risk is mitigated by the Company’s assessment of its customers’ creditworthiness and its ongoing monitoring of outstanding balances. Concentration risk There were no receivables from any one customer representing more than 10% of the Company’s consolidated gross accounts receivable at December 31, 2020 and 2019. For the years ended December 31, 2020 and 2019, no supplier accounted for more than 10% of the total cost of revenue. As of December 31, 2020, two suppliers accounted for 22% and 18% of total advance payments outstanding and one suppliers accounted for 96% of advance payments to related parties, respectively. As of December 31, 2019, two suppliers accounted for 34% and 15% of total advance payments outstanding and these two suppliers accounted for 70% and 30% of advance payments to related parties, respectively. Recent Accounting Pronouncements In June 2016, the FASB issued ASU 2016-13 (“ASU 2016-13”), Measurement of Credit Losses on Financial Instruments (Topic 326): Measurement of Credit Losses on Financial Instruments” . ASU 2016-13 requires companies to measure credit losses utilizing a methodology that reflects expected credit losses and requires a consideration of a broader range of reasonable and supportable information to inform credit loss estimates. ASU 2016-13 was further amended in November 2019 in “Codification Improvements to Topic 326, Financial Instruments-Credit losses”. This guidance is effective for fiscal years beginning after December 15, 2019, including those interim periods within those fiscal years. For emerging growth companies, the effective date has been extended to fiscal years beginning after December 31, 2022. The Company will adopt this ASU within the annual reporting period of December 31, 2023. The Company is currently assessing the impact of adopting this standard, but based upon its preliminary assessment, does not expect the adoption of this guidance to have a material impact on its consolidated financial statements. In December 2019, the FASB issued ASU 2019-12 (“ASU 2019-12”), Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes , which is intended to simplify various aspects related to managerial accounting for income taxes. ASU 2019-12 removes certain exceptions to the general principles in ASC 740 and also clarifies and amends existing guidance to improve consistent application. This guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020, with early adoption permitted. The Company will adopt this ASU within the annual reporting period of December 31, 2021. The Company is currently assessing the impact of adopting this standard, but based on its preliminary assessment, does not expect the adoption of this guidance to have a material impact on its consolidated financial statements.

ACCOUNTS RECEIVABLE, NET

ACCOUNTS RECEIVABLE, NET	12 Months Ended
	Dec. 31, 2020
Receivables [Abstract]
ACCOUNTS RECEIVABLE, NET	ACCOUNTS RECEIVABLE, NET Accounts receivable, net consisted of the following: As of December 31, As of December 31, Accounts receivable $ 25,761,394 $ 50,651,104 Less: allowance for doubtful accounts (909,182) (623,970) Accounts receivable, net $ 24,852,212 $ 50,027,134 Movement of allowance for doubtful accounts is as follows: For the Years Ended December 31, December 31, Beginning balance $ 623,970 $ 658,104 Provision for doubtful accounts 1,337,820 (4,515) Less: write off/recovery (1,052,608) (29,619) Ending balance $ 909,182 $ 623,970

NOTES RECEIVABLE

NOTES RECEIVABLE	12 Months Ended
	Dec. 31, 2020
Receivables [Abstract]
NOTES RECEIVABLE	NOTES RECEIVABLE As of December 31, 2018, the Company's records reflected that there was a promissory note agreement with Feilong Trading, Inc, ("Feilong"). The relationship between Feilong and HF is within the scope of our internal investigation. Pursuant to the promissory note agreement, Feilong was permitted to borrow up to $4,000,000 from time to time. The note bore interest at the rate of 5% per annum on the unpaid balance, compounded monthly. The Company’s former Chairman and Co-CEO, Zhou Min Ni agreed to personally guarantee the repayment of all outstanding balances relating to this note receivable. On September 30, 2019, the Company and Mr. Ni entered into a Loan Purchase and Sale Agreement (the "Loan Sale Agreement"). Pursuant to the Loan Sale Agreement, the entire outstanding balance of $3,622,505 owed by Feilong to the Company was sold to Mr. Ni in exchange for 272,369 shares of common stock of the Company, which shares were received and recorded as treasury stock by the Company as of September 30, 2019. In connection with the sale of this note receivable, the Company also required 89,882 additional shares of common stock of the Company owned by Mr. Ni to be placed in an escrow account for a period of one year until September 30, 2020 (the “Escrow Period”), which would then be delivered to the Company in part or in full, if the volume weighted average price ("VWAP") of the Company’s common stock for the 250-trading-day period immediately preceding the expiration of the Escrow Period was less than $13.30.

LONG TERM INVESTMENTS

LONG TERM INVESTMENTS	12 Months Ended
	Dec. 31, 2020
Equity Method Investments and Joint Ventures [Abstract]
LONG TERM INVESTMENTS	LONG TERM INVESTMENTS Long term investments consisted of the following: Ownership as of December 31, As of December 31, 2020 As of December 31, 2019 Asahi Food, Inc. 49% $ 577,164 $ 496,276 Pt. Tamron Akuatik Produk Industri 12% 1,800,000 1,800,000 Long term investments $ 2,377,164 $ 2,296,276 The investment in Pt. Tamron Akuatik Produk Industri is accounted for using the measurement alternative under ASC321, which is measured at cost, less any impairment, plus or minus changes resulting from observable price changes in orderly transactions for identical or similar investments, if any. The investment in Asahi Food, Inc. is accounted for under the equity method due to the fact that the Company has significant influence but does not exercise full control over this investee. The Company believes there was no impairment as of December 31, 2020 and 2019 for these investments.

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET	12 Months Ended
	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT, NET	PROPERTY AND EQUIPMENT, NETProperty and equipment, net consisted of the following: As of December 31, As of December 31, Automobiles $ 24,544,094 $ 24,340,652 Building 71,285,127 17,721,292 Building improvements 9,807,234 9,079,737 Furniture and fixtures 223,996 220,169 Land 52,125,900 3,391,858 Machinery and equipment 13,498,211 11,414,764 Subtotal 171,484,562 66,168,472 Less: accumulated depreciation (34,615,477) (28,630,325) Property and equipment, net $ 136,869,085 $ 37,538,147 The Company acquired $102,331,567 of property and equipment resulting from an acquisition of assets from B&R Realty Group on January 17, 2020. See Note 8 for additional information. Depreciation expense was $6,393,309 and $3,251,162 for the years ended December 31, 2020 and 2019, respectively.

BUSINESS COMBINATION WITH B&R G

BUSINESS COMBINATION WITH B&R GLOBAL	12 Months Ended
	Dec. 31, 2020
B&R Global
Business Acquisition [Line Items]
BUSINESS COMBINATION WITH B&R GLOBAL	BUSINESS COMBINATION WITH B&R GLOBAL Effective November 4, 2019, HF Group acquired 100% of the controlling interest of B&R Global, in exchange for 30,700,000 shares of HF Group Common Stock. HF Group is considered as both the legal and accounting acquirer based on the fact that there was no change of control in connection with this Business Combination. The aggregate fair value of the consideration paid by HF Group in the Business Combination is $576,699,494 and is based on the closing share price of the Company’s common stock at the date of Closing. The information included herein has been prepared based on the allocation of the purchase price using estimates of the fair value of assets acquired and liabilities assumed which were determined using quoted market prices, discounted cash flow, and estimates made by management. The purchase price allocation was subject to further adjustment until all pertinent information regarding the assets and liabilities acquired are fully evaluated by the Company, not to exceed one year as permitted under ASC 805. The following table presents the estimated fair value of the assets acquired and liabilities assumed at the date of acquisition: Cash $ 7,017,467 Accounts receivable, net 30,934,831 Accounts receivable - related parties, net 3,393,930 Inventories, net 56,451,885 Other current assets 2,332,063 Other current assets - related parties 498,211 Advances to suppliers, net 97,964 Property and equipment, net 11,042,601 Deposit 281,282 Deposit – related parties 591,380 Long-term investments 2,289,389 Right-of-use assets 17,791,681 TANGIBLE ASSETS ACQUIRED 132,722,684 Line of credit 35,567,911 Accounts payable 24,884,247 Accounts payable - related parties 1,528,139 Bank overdraft 12,082,094 Accrued expenses 778,779 Other payables 185,938 Other payables – related party 733,448 Customer deposits 38,510 Long-term debt 3,284,159 Lease liabilities 17,791,680 Deferred tax liabilities arising from acquired intangible assets 51,413,633 TANGIBLE LIABILITIES ASSUMED 148,288,538 NET TANGIBLE LIABILITIES ASSUMED (15,565,854) Identifiable intangible assets 188,503,000 Goodwill 406,703,348 INTANGIBLE ASSETS ACQUIRED 595,206,348 Noncontrolling interests 2,941,000 Total consideration $ 576,699,494 The Company recorded acquired intangible assets of $188,503,000. These intangible assets include tradenames valued at $29,303,000 and customer relationships valued at $159,200,000. The associated goodwill and intangible assets are not deductible for tax purposes. The following table presents the Company’s unaudited pro forma results for the year ended December 31, 2019, as if the B&R Global Acquisition had occurred on January 1, 2019. The unaudited pro forma financial information presented includes the effects of adjustments related to the amortization of acquired intangible assets, and excludes other non-recurring transaction costs directly associated with the acquisition such as legal and other professional service fees. Statutory rates were used to calculate income taxes. For the Year Ended December 31, 2019 Pro forma net revenue $ 828,045,703 Pro forma net income 6,799,694 (1) Pro forma net income attributable to HF Group 5,662,499 (1) Pro forma earnings per common share - basic and diluted $ 0.11 Pro forma weighted average shares - basic and diluted 53,293,566 (1) Includes intangibles asset amortization expense of $10,890,300 for the year ended December 31, 2019.

ACQUISITION OF B&R REALTY SUBSI

ACQUISITION OF B&R REALTY SUBSIDIARIES	12 Months Ended
	Dec. 31, 2020
B & R Realty, LLC ("BRR")
Business Acquisition [Line Items]
ACQUISITION OF B&R REALTY SUBSIDIARIES	ACQUISITION OF B&R REALTY SUBSIDIARIES On January 17, 2020, B&R Global acquired 100% equity membership interests of the subsidiaries of BRGR, which own warehouse facilities that were being leased to B&R Global for its operations in California, Arizona, Utah, Colorado, Washington, and Montana. Co-CEO of the Company, Xiao Mou Zhang, managed and owned an 8.91% interest in BRGR. The total purchase price for the acquisition was $101,269,706, based on independent appraisals of the fair market value of the properties. The Company notes that substantially all of the fair value of the gross assets acquired is concentrated in a group of similar assets (land and buildings all used for warehousing and distribution purposes). As such, the acquisition of BRGR Subsidiaries would be deemed an asset acquisition under ASC 805-10-55, and the total purchase price is allocated on a relative fair value basis to the net assets acquired. Consideration for the acquisition was funded by (1) $75.6 million in mortgage-backed term loans financed under the Second Amended Credit Agreement (see Note 12 for additional information), (2) issuance by B&R Global of a $7.0 million Unsecured Subordinated Promissory Note to BRGR maturing on January 17, 2030, and (3) payment of $18.7 million from funds drawn from the Company’s revolving credit facility. The reissuance of the mortgage-backed term loans released BRGR from its obligations to the lenders under the First Amended Credit Agreement (See Note 11 for additional information) and predecessor financing arrangements. Capitalizable tangible net assets acquired are depreciated on a straight-line basis over the estimated useful lives, ranges from 3 years to 39 years. Depreciation expense for property and equipment acquired was $1,268,753 for the year ended December 31, 2020. The following table presents the estimated fair value of the assets acquired and liabilities assumed at the date of acquisition: Cash $ 265,639 Automobile 33,690 Prepaids 39,193 Land 48,734,042 Buildings 53,563,835 Total assets acquired 102,636,399 Accounts payable and Accrued Expenses 1,366,693 Total liabilities assumed 1,366,693 Net assets acquired $ 101,269,706

GOODWILL_AND_ACQUIRED INTANGIBL

GOODWILL AND ACQUIRED INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND ACQUIRED INTANGIBLE ASSETS	GOODWILL AND ACQUIRED INTANGIBLE ASSETS Goodwill The changes in HF Group’s carrying amount of goodwill by segment are presented below: HF B&R Global Total Balance at December 31, 2019 $ — $ 406,703,348 $ 406,703,348 Impairment Loss — (338,191,407) (338,191,407) Balance at December 31, 2020 $ — $ 68,511,941 $ 68,511,941 The Company recorded approximately $406.7 million of goodwill on December 31, 2019, resulting from the completion of the Business Combination with B&R Global, which represents the excess of the purchase price over the fair value of net assets acquired. HF Group acquired 100% of the controlling interest of B&R Global, in exchange for 30,700,000 consideration shares of HF Group Common Stock, valued at $576,699,494 based upon the closing share price of the Company’s common stock at the date of Closing on November 4, 2019. The Company's policy is to test goodwill for impairment annually in the fourth quarter, or more frequently if certain triggering events or circumstances indicate it could be impaired. Potential impairment indicators include (but are not limited to) macroeconomic conditions, industry and market considerations, cost factors, overall financial performance, other relevant entity-specific events, specific events affecting the reporting unit, or sustained decrease in share price. Towards the end of first quarter of fiscal year 2020, the Company experienced significant decline in business volume due to mandatory stay-at-home orders issued by governmental authorities in response to the intensification of the COVID-19 pandemic. The Company determined that the B&R Global reporting unit was very sensitive to these declines and that it was more likely than not that an impairment may exist. The Company, therefore, performed an analysis of the fair value of the B&R Global reporting unit as of March 31, 2020 using a discounted cash flow method for goodwill impairment testing purposes. Based upon the analysis, the Company concluded that the carrying value of its B&R Global reporting unit exceeded its fair value by approximately $338.2 million. As a result, the company recorded the amount as impairment loss during the first quarter of fiscal year 2020. The Company estimated the fair values of the B&R Global reporting unit using the income approach, discounting projected future cash flows based upon management’s expectations of the current and future operating environment. The calculation of the impairment charge includes substantial fact-based determinations and estimates including weighted average cost of capital ("WACC"), future revenue, profitability, perpetual growth rates and fair values of assets and liabilities. The fair value conclusions as of March 31, 2020 for the reporting unit are highly sensitive to changes in the WACC, which consider observable data about guideline publicly traded companies, an estimated market participant’s expectations about capital structure and risk premiums. The Company corroborated the reasonableness of the estimated reporting unit fair values by reconciling to its enterprise value and market capitalization. The Company also observed that the WACC applied on March 31, 2020 increased significantly from the original WACC value as of the acquisition date, mainly driven by the increased risk and volatility observed in the market. Volatility has primarily been due to concerns about demand for food distribution services, as restaurant activity in much of the country has been reduced to takeout and delivery offerings. Continued uncertainty about the removal or perpetuation of these restrictions and levels of consumer spending cause ongoing volatility. In addition, the fair value of the goodwill is sensitive to the changes in the assumptions used in the projected cash flows, which include forecasted revenues and perpetual growth rates, among others, all of which require significant judgment by management. The Company has used recent historical performance, current forecasted financial information, and broad-based industry and economic statistics as a basis to estimate the key assumptions utilized in the discounted cash flow model. These key assumptions are inherently uncertain and require a high degree of estimation and judgment and are subject to change based on future conditions, industry and global economic and geo-political factors, and the timing and success of the Company's implementation of current strategic initiatives. Using historic monthly sales run rate and forecasted sales run rates for the next year, the Company performed goodwill impairment assessment and concluded no further impairment is required as of December 31, 2020. Acquired Intangible Assets In connection with the Business Acquisition, HF Group acquired $188,503,000 of intangible assets, primarily representing tradenames and customer relationships, which have an estimated amortization period of approximately 10 years and 20 years respectively. The components of the intangible assets are as follows: As of December 31, 2020 As of December 31, 2019 Gross Accumulated Net Gross Accumulated Net Tradenames $ 29,303,000 $ (3,418,683) $ 25,884,317 $ 29,303,000 $ (488,383) $ 28,814,617 Customer relationships 159,200,000 (9,286,667) 149,913,333 159,200,000 (1,326,667) 157,873,333 Total $ 188,503,000 $ (12,705,350) $ 175,797,650 $ 188,503,000 $ (1,815,050) $ 186,687,950 Since COVID-19 has had an adverse impact on the Company’s business volume, which was a triggering event, the Company performed long-lived asset quantitative impairment tests as of December 31, 2020. All intangible assets were tested for recoverability at the asset group level. ASC Topic 360, Property, Plant and Equipment ("ASC 360") defines the recoverability of these assets as measured by comparison of their (or asset group) carrying amounts to future undiscounted cash flows the assets (or asset group) are expected to generate. Based on the test for recoverability using undiscounted cash flows attributable to the asset (or asset group), the sum of the undiscounted cash flows exceeded the carrying value of the measured asset (or asset group). As such, no impairment was recorded for the finite lived assets as of December 31, 2020. HF Group’s amortization expense for intangible assets was $10,890,300 in 2020 and $1,815,050 in 2019, respectively. Estimated future amortization expense for intangible assets is presented below: Twelve months ending December 31, Amount 2021 $ 10,890,300 2022 10,890,300 2023 10,890,300 2024 10,890,300 2025 10,890,300 Thereafter 121,346,150 Total $ 175,797,650

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS	12 Months Ended
	Dec. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE FINANCIAL INSTRUMENTS	DERIVATIVE FINANCIAL INSTRUMENTS The Company utilizes interest rate swaps for the sole purpose of mitigating interest rate fluctuation risk associated to floating rate debt instruments (as defined in Note 11 Lines of Credit, and Note 12 Long-Term Debt). The Company does not use any other derivative financial instruments for trading or speculative purposes. On August 20, 2019, HF Group entered into two IRS contracts with East West Bank (the "EWB IRS") for initial notional amounts of $1.05 million and $2.625 million, respectively. The EWB IRS contracts were entered into in conjunction with two mortgage term loans of corresponding amount that were priced at USD 1-month LIBOR (London Interbank Offering Rate) plus 2.25% per annum for the entire duration of the term loans. The EWB IRS contracts have fixed the two term loans at 4.23% per annum until maturity in September 2029. On December 19, 2019, HF Group entered into an IRS contract with Bank of America (the "BOA IRS") for an initial notional amount of $2.74 million in conjunction with a newly contracted mortgage term loan of corresponding amount. The term loan was contracted at USD 1-month LIBOR plus 2.15% per annum but was fixed at 4.25% per annum resulting from the corresponding BOA IRS contract. The term loan and corresponding BOA IRS contract matures in December, 2029. On June 24, 2020, HF Group entered into a forward starting IRS contract with JP Morgan Chase Bank (the "JPM IRS") for a fixed $80 million notional amount, effective from June 30, 2021 and expiring on June 30, 2025, as a means to partially hedge its existing floating rate loans exposure. The Company has an existing term loan as of December 31, 2020 of approximately $73.5 million which was pegged to a floating rate of 1-month LIBOR plus 1.875% per annum, as well as a revolving line of credit with an outstanding balance of $18.3 millions as of December 31, 2020 that was pegged to 1-month LIBOR plus 1.375% per annum. Under the terms of the JPM IRS contract, the Company will receive interest at prevailing 1-month LIBOR and pay fixed interest at 0.413% plus the agreed bank spread starting from July 31, 2021 through July 31, 2025 inclusive. On March 3, 2021, the Company unwind the JPM IRS. The contract was unwound with a view that 1-month LIBOR will continue to remain low in the foreseeable future despite the spike at the long end of the yield curve. The Company recorded a gain of $718,600 in the first quarter of 2021. The Company evaluated the above mentioned interest rate swap contracts currently in place and did not designate those as cash flow hedges. Hence, the fair value change on the aforementioned interest rate swap contracts are accounted for and recognized as change in fair value of interest rate swap contracts in the unaudited condensed consolidated statements of operations. As of December 31, 2020 and December 31, 2019, the Company has determined that the fair value of the interest rate swap obligations was $993,516 and $73,158, respectively. In determining fair value, the Company utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible as well as consider counterparty credit risk in its assessment of fair value. The interest rate swaps are classified as Level 3 liabilities and fair value was obtained from the respective counterparties.

LINES OF CREDIT

LINES OF CREDIT	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
LINES OF CREDIT	LINES OF CREDIT On April 18, 2019, the Company, Han Feng, NSF and Kirnland entered into a Credit Agreement with East West Bank (the "EWB Credit Agreement"). The EWB Credit Agreement provided for a $25 million secured line of credit available to be used in one or more revolving loans to the Company’s domestic subsidiaries that were parties to the EWB Credit Agreement for working capital and general corporate purposes. Han Feng, NSF and Kirnland (the “Borrowing Subsidiaries”) were the borrowers and the Company and each of its other material subsidiaries were guarantors of all the obligations under the EWB Credit Agreement. The original maturity of the line of credit was August 18, 2021. Under the EWB Credit Agreement, the Borrowing Subsidiaries were to pay interest on the principal amounts drawn on the line of credit at a rate per annum equal to (a) 0.375% below the Prime Rate in effect from time to time, or (b) 2.20% above the LIBOR Rate in effect from time to time, depending on the rate elected at the time a borrowing request is made, but in no event less than 4.214% per annum. The EWB Credit Agreement contained certain financial covenants which, among other things, required Han Feng to maintain certain financial ratios. On November 4, 2019, the outstanding balance of $13,864,481 (including accured interest) under the EWB Credit Agreement was fully paid off from borrowings under a Credit Agreement entered into with JPMorgan Chase Bank, N.A. (“JPMorgan”) in connection with the closing of the merger with B&R Global as described below (the "JPM Credit Agreement"). The JPM Credit Agreement provides for a $100 million asset-secured revolving credit facility maturing on November 4, 2022, with an option to renew at the bank’s discretion. The credit facility was collateralized by all assets of the Company and was also guaranteed by B&R Group Realty and B&R Realty Subsidiaries, which B&R Realty Subsidiaries were subsequently acquired by the Company on January 17, 2020 (See Note 8 for additional information). The JPM Credit Agreement was later superseded by a Second Amended and Restated Credit Agreement ("Second Amended Credit Agreement") as described below. On January 17, 2020, the Company, its wholly-owned subsidiary, B&R Global, and certain of the wholly-owned subsidiaries and affiliates of the Company as borrowers (collectively with the Company, the “Borrowers”), and certain material subsidiaries of the Company as guarantors, entered into the Second Amended Credit Agreement with JPMorgan, as Administrative Agent, and certain lender parties thereto, including Comerica Bank. The Second Amended Credit Agreement, provides for (i) a $100 million asset-secured revolving credit facility maturing on November 4, 2022 (the “Revolving Facility”), and (ii) mortgage-secured term loan of $75.6 million ("Term Loan").

LONG-TERM DEBT

LONG-TERM DEBT	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
LONG-TERM DEBT	LONG-TERM DEBT Long-term debt at December 31, 2020 and 2019 is as follows: Bank name Maturity Interest rate at December 31, As of December 31, As of December 31, Bank of America – (a) April 2021 - December 2029 3.73% ‑ 5.51% $ 5,905,472 $ 4,263,663 BMO Harris Bank N.A. – (b) April 2022 - January 2024 5.87% ‑ 5.99% 280,164 508,564 East West Bank – (c) August 2027 - September 2029 3.83% ‑ 4.25% 6,802,271 6,989,016 First Horizon Bank – (d) October 2027 3.85% 4,773,378 4,967,075 J.P. Morgan Chase – (e) February 2023 - January 2030 2.02% ‑ 2.15% 74,687,806 2,702,371 Peoples United Bank – (b) December 2022 - January 2023 6.69% ‑ 7.53% 725,282 1,114,993 Other finance institutions – (b) March 2021 - March 2024 3.90% ‑ 6.14% 475,689 716,315 Total debt 93,650,062 21,261,997 Less: current portion (5,641,259) (2,726,981) Long-term debt $ 88,008,803 $ 18,535,016 The terms of the various loan agreements related to long-term bank borrowings require the Company to comply with certain financial covenants. As of December 31, 2020, the Company was in compliance. As of December 31, 2019, the Company was in violation of one covenant and a waiver was obtained from Bank of America for the covenant violation. The loans outstanding were guaranteed by the following properties, entities or individuals, or otherwise secured as shown: (a) Guaranteed by two subsidiaries of the Company, NSF and BB, and also secured by real property, equipment and fixtures, inventories, receivables and all other personal property owned by NSF. Balloon payment for this long-term debt is $1,382,046. (b) Secured by vehicles. (c) Guaranteed by five subsidiaries of the Company, Han Feng, TT, MFD, R&N Holdings and R&N Lexingto n, in part by one shareholder and spouse, and also secured by assets of Han Feng and R&N Lexington and R&N Holdings, two real properties of R&N Holdings, and a parcel of real property owned by R&N Lexington. Balloon payment of $2,293,751 is due in 2027 and another balloon payments of $3,007,239 is due in 2029. (d) Guaranteed by one shareholder and spouse, as well as Han Feng. Also secured by a real property owned by HG Realty. Balloon payment for this debt is $3,116,687. (e) Real estate term loan with a principal balance of $72,761,598 as of December 31, 2020 is secured by assets held by nine subsidiaries of the Company, AK, BRR, BSR, FL, GSR, HP, LF, LR, and MP. Equipment term loan with a principal balance of $1,926,208 as of December 31, 2020 is secured by specific vehicles and equipment as defined in loan agreements. The future maturities of long-term debt as of December 31, 2020 are as follows: Twelve months ending December 31, Amount 2021 $ 5,641,259 2022 5,347,017 2023 4,260,965 2024 3,706,449 2025 3,711,793 Thereafter 70,982,579 Total $ 93,650,062

LEASES

LEASES	12 Months Ended
	Dec. 31, 2020
Leases [Abstract]
LEASES	LEASES The Company leases office space and warehouses under non-cancelable operating leases, with terms typically ranging from one Operating lease assets and lease liabilities are recognized at commencement date and initially measured based on the present value of lease payments over the defined lease term. Lease expense is recognized on a straight-line basis over the lease term. For finance leases, the Company also recognizes finance lease assets and finance lease liabilities at inception, with lease expense recognized as interest expense and amortization of the lease payment. Operating Leases The components of lease expense were as follows: For the Year Ended December 31, December 31, Operating lease cost $ 1,326,746 $ 1,601,678 Weighted Average Remaining Lease Term (Months) Operating leases 39 51 Weighted Average Discount Rate Operating leases 4.0 % 4.0 % Finance Leases The components of lease expense were as follows: For the Year Ended December 31, December 31, Finance leases cost: Amortization of right-of-use assets $ 538,188 $ 571,130 Interest on lease liabilities 94,093 110,274 Total finance leases cost $ 632,281 $ 681,404 Supplemental cash flow information related to finance leases was as follows: For the Year Ended December 31, December 31, Operating cash flows from finance leases $ 94,093 $ 110,274 Supplemental balance sheet information related to leases was as follows: December 31, December 31, Finance Leases Property and equipment, at cost $ 2,793,731 $ 2,793,731 Accumulated depreciation (1,831,318) (1,293,130) Property and equipment, net $ 962,413 $ 1,500,601 Weighted Average Remaining Lease Term (Months) Finance leases 43 54 Weighted Average Discount Rate Finance leases 7.56 % 7.51 % Maturities of lease liabilities were as follows: Twelve months ending December 31, Operating Finance 2021 $ 382,047 $ 359,635 2022 336,103 322,456 2023 219,584 312,605 2024 85,797 215,364 2025 66,731 — Total Lease Payments 1,090,262 1,210,060 Less Imputed Interest (158,632) (156,272) Total $ 931,630 $ 1,053,788 On July 2, 2018, AnHeart Inc. ("AnHeart"), a former wholly-owned subsidiary of HF Holding, entered into two separate leases for two properties located in Manhattan, New York, at 273 Fifth Avenue and 275 Fifth Avenue, for 30 years and 15 years, respectively. The leases were on a triple net basis, meaning AnHeart is required to pay all costs associated with the properties, including taxes, insurance, utilities, maintenance and repairs. HF Holding provided a corporate guaranty for all rent and related costs of the leases, including costs associated with the planned construction of a two-story structure at 273 Fifth Avenue and rehabilitation of the building at 275 Fifth Avenue. The Company entered into the leases back then with the planned purpose of expanding its product lines to include Chinese herb supplements, and to use the sites to develop into a hub for such products. The Company has since determined to cease this business expansion in early 2019. On February 23, 2019, HF Holding executed an agreement to divest all of its ownership interest in AnHeart to Ms. Jianping An, a resident of New York, for the sum of $20,000. The transfer of ownership was completed on May 2, 2019. However, the divestment does not release HF Holding’s guaranty of AnHeart’s obligations or liabilities under the original lease agreements. Under the terms of the sale of AnHeart stock to Ms. An, and in consideration of the Company’s ongoing guaranty of AnHeart’s performance of the lease obligations, AnHeart granted to the Company a security interest in all AnHeart assets, together with a covenant that the Company will be assigned the leases, to be exercised if AnHeart defaults on the original lease agreements. Further, Ms. An has tendered an unconditional guaranty of all AnHeart liabilities arising from the leases, in favor of the Company, executed by Minsheng Pharmaceutical Group Company, Ltd., a Chinese manufacturer and distributor of herbal medicines. See Note 19 - Subsequent Events for additional information concerning the AnHeart leases. In January 2021, the Company's subsidiary, Kirnland signed a new 5-year operating lease agreement with a related party, Yoan to continue to lease the warehouse space that Kirnland has been operating in at 36 - 40 Enterprise Blvd, Atlanta, Georgia
LEASES	LEASES The Company leases office space and warehouses under non-cancelable operating leases, with terms typically ranging from one Operating lease assets and lease liabilities are recognized at commencement date and initially measured based on the present value of lease payments over the defined lease term. Lease expense is recognized on a straight-line basis over the lease term. For finance leases, the Company also recognizes finance lease assets and finance lease liabilities at inception, with lease expense recognized as interest expense and amortization of the lease payment. Operating Leases The components of lease expense were as follows: For the Year Ended December 31, December 31, Operating lease cost $ 1,326,746 $ 1,601,678 Weighted Average Remaining Lease Term (Months) Operating leases 39 51 Weighted Average Discount Rate Operating leases 4.0 % 4.0 % Finance Leases The components of lease expense were as follows: For the Year Ended December 31, December 31, Finance leases cost: Amortization of right-of-use assets $ 538,188 $ 571,130 Interest on lease liabilities 94,093 110,274 Total finance leases cost $ 632,281 $ 681,404 Supplemental cash flow information related to finance leases was as follows: For the Year Ended December 31, December 31, Operating cash flows from finance leases $ 94,093 $ 110,274 Supplemental balance sheet information related to leases was as follows: December 31, December 31, Finance Leases Property and equipment, at cost $ 2,793,731 $ 2,793,731 Accumulated depreciation (1,831,318) (1,293,130) Property and equipment, net $ 962,413 $ 1,500,601 Weighted Average Remaining Lease Term (Months) Finance leases 43 54 Weighted Average Discount Rate Finance leases 7.56 % 7.51 % Maturities of lease liabilities were as follows: Twelve months ending December 31, Operating Finance 2021 $ 382,047 $ 359,635 2022 336,103 322,456 2023 219,584 312,605 2024 85,797 215,364 2025 66,731 — Total Lease Payments 1,090,262 1,210,060 Less Imputed Interest (158,632) (156,272) Total $ 931,630 $ 1,053,788 On July 2, 2018, AnHeart Inc. ("AnHeart"), a former wholly-owned subsidiary of HF Holding, entered into two separate leases for two properties located in Manhattan, New York, at 273 Fifth Avenue and 275 Fifth Avenue, for 30 years and 15 years, respectively. The leases were on a triple net basis, meaning AnHeart is required to pay all costs associated with the properties, including taxes, insurance, utilities, maintenance and repairs. HF Holding provided a corporate guaranty for all rent and related costs of the leases, including costs associated with the planned construction of a two-story structure at 273 Fifth Avenue and rehabilitation of the building at 275 Fifth Avenue. The Company entered into the leases back then with the planned purpose of expanding its product lines to include Chinese herb supplements, and to use the sites to develop into a hub for such products. The Company has since determined to cease this business expansion in early 2019. On February 23, 2019, HF Holding executed an agreement to divest all of its ownership interest in AnHeart to Ms. Jianping An, a resident of New York, for the sum of $20,000. The transfer of ownership was completed on May 2, 2019. However, the divestment does not release HF Holding’s guaranty of AnHeart’s obligations or liabilities under the original lease agreements. Under the terms of the sale of AnHeart stock to Ms. An, and in consideration of the Company’s ongoing guaranty of AnHeart’s performance of the lease obligations, AnHeart granted to the Company a security interest in all AnHeart assets, together with a covenant that the Company will be assigned the leases, to be exercised if AnHeart defaults on the original lease agreements. Further, Ms. An has tendered an unconditional guaranty of all AnHeart liabilities arising from the leases, in favor of the Company, executed by Minsheng Pharmaceutical Group Company, Ltd., a Chinese manufacturer and distributor of herbal medicines. See Note 19 - Subsequent Events for additional information concerning the AnHeart leases. In January 2021, the Company's subsidiary, Kirnland signed a new 5-year operating lease agreement with a related party, Yoan to continue to lease the warehouse space that Kirnland has been operating in at 36 - 40 Enterprise Blvd, Atlanta, Georgia

SUPPLEMENTAL CASH FLOWS INFORMA

SUPPLEMENTAL CASH FLOWS INFORMATION	12 Months Ended
	Dec. 31, 2020
Supplemental Cash Flow Elements [Abstract]
SUPPLEMENTAL CASH FLOWS INFORMATION	SUPPLEMENTAL CASH FLOWS INFORMATION Supplemental cash flow disclosures and noncash investing and financing activities are as follows: For the Years Ended December 31, December 31, Supplemental disclosure of cash flow data: Cash paid for interest $ 4,123,832 $ 1,520,545 Cash paid for income taxes $ 804,147 $ 2,677,205 Supplemental disclosure of non-cash investing and financing activities Right of use assets obtained in exchange for operating lease liabilities $ 331,239 $ 767,323 Property and equipment obtained in exchange for finance lease liabilities $ — $ 1,432,662 Property and equipment purchases from notes payable $ 2,528,554 $ 1,080,153 Notes receivable sold to shareholder in exchange of common stock $ — $ 12,038,030 Common Stock issued for consideration of acquisition of B&R Global $ — $ 576,699,494 Issuance of promissory note for the acquisition of B&R Realty Subsidiaries $ 7,000,000 $ —

TAXES

TAXES	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
TAXES	TAXES Corporate Income Taxes (“CIT”) On December 22, 2017, the U.S. enacted the Tax Cuts and Jobs Act (the “Act”), which significantly changed U.S. tax law. The Act lowered the Company’s U.S. statutory federal income tax rate from 35% to 21% effective January 1, 2018, while also imposing a deemed repatriation tax on deferred foreign income. The Act also created a new minimum tax on certain future foreign earnings. The Company expects the new federal income tax rate will significantly lower the Company’s income tax expenses going forward. The Company does not expect the repatriation tax and new minimum tax on certain future foreign earnings to have any impact on the Company’s operations since it currently has no foreign income and does not expect to generate any foreign income in the future. (i) The provision for income taxes of the Company for the years ended December 31, 2020 and 2019 consists of the following: For the Years Ended December 31, December 31, Current: Federal $ 1,138,966 $ 1,907,309 State (54,870) 540,488 Current income taxes 1,084,096 2,447,797 Deferred income taxes (benefit): Federal (2,916,501) (156,892) State (2,999,326) (93,813) Deferred income taxes (benefit) (5,915,827) (250,705) Total provision (benefit) for income taxes $ (4,831,731) $ 2,197,092 (ii) Temporary differences and carryforwards of the Company that created significant deferred tax assets and liabilities are as follows: As of December 31, As of December 31, Deferred tax assets: Allowance for doubtful accounts $ 443,151 $ 373,438 Inventories 481,016 594,628 Federal net operating loss 101,828 228,637 State net operating loss 257,490 80,514 Fair value change in interest rate swap contracts 244,622 — Accrued expenses 268,813 80,100 Total deferred tax assets 1,796,920 1,357,317 Deferred tax liabilities: Property and equipment (2,660,874) (3,270,536) Intangibles assets (45,461,272) (50,327,833) Total deferred tax liabilities (48,122,146) (53,598,369) Net deferred tax liabilities $ (46,325,226) $ (52,241,052) The net deferred tax liabilities presented in the Company's Consolidated Balance Sheets were as follows: As of December 31, As of December 31, Deferred tax assets $ 57,478 $ 78,993 Deferred tax liabilities (46,382,704) (52,320,045) Net deferred tax liabilities $ (46,325,226) $ (52,241,052) (iii) Reconciliations of the statutory income tax rate to the effective income tax rate are as follows: For the Years Ended December 31, December 31, Federal statutory tax rate 21.0 % 21.0 % State statutory tax rate 0.7 % 4.0 % Impact of goodwill impairment loss – permanent difference (20.5) % 1.0 % Other 0.2 % 1.2 % Effective tax rate 1.4 % 27.2 %

RELATED PARTY TRANSACTION

RELATED PARTY TRANSACTION	12 Months Ended
	Dec. 31, 2020
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONSThe Company makes regular purchases from and sales to various related parties. Related party affiliations were attributed to transactions conducted between the Company and those business entities partially or wholly owned by Company officers. The related party affiliations described in this note, including the bona fides and fairness of certain transactions with related parties, are among the issues that are being scrutinized as part of an ongoing internal investigation, and disclosures concerning particular transactions are subject to the outcome of, and conclusions that may ultimately be reached in, this ongoing investigation. Mr. Zhou Min Ni and Mr. Xiao Mou Zhang were the Co-Chief Executive Officers as of December 31, 2020 and 2019. Mr. Ni subsequently resigned from all of his official posts on February 23, 2021. Upon resignation, Mr. Ni owned 10.7% of outstanding shares of common stock. Mr. Xiao Mou Zhang became the sole Chief Executive Officer on February 23, 2021. (See subsequent event section). The related party transactions as of December 31, 2020 and 2019 and for the years ended December 31, 2020 and 2019 are identified as follows: a. Purchase - related parties Below is a summary of purchases of goods and services from related parties recorded for the year ended December 31, 2020 and 2019, respectively: For the Years Ended Name of Related Party December 31, December 31, (a) Allstate Trading Company, Inc. $ 308,865 $ 111,213 (b) Best Food Services, LLC 5,829,680 2,136,388 (c) Eagle Food Service, LLC 100,892 232,566 (d) Eastern Fresh NJ, LLC 4,508,507 6,678,704 (e) Enson Group, Inc. (formerly "Enson Group, LLC") 142,711 174,711 (f) Enson Seafood GA, Inc. (formerly “GA-GW Seafood, Inc.”) — 181,985 (g) First Choice Seafood, Inc. 454,606 2,092,599 (h) Fujian RongFeng Plastic Co., Ltd 3,617,121 6,207,379 (i) Hanfeng (Fujian) Information Technology Co., Ltd. 997,395 3,032,984 (j) Hanfeng Information Technology (Jinhua), Inc. 1,134,620 — (k) N&F Logistics, Inc. 368,529 1,428,294 (l) North Carolina Good Taste Noodle, Inc. — 4,607,652 (m) Ocean Pacific Seafood Group, Inc. 567,836 598,286 (n) Revolution Industry, LLC 2,362,131 2,822,561 (o) UGO USA, Inc. 644,410 724,486 (p) Union Foods, LLC 1,246,720 9,003,455 (q) Winfar Foods, Inc. 622,417 — Others 84,965 354,737 Total $ 22,991,405 $ 40,388,000 (a) Mr. Zhou Min Ni owns 40% equity interest in this entity. (b) Mr. Xiao Mou Zhang previously owns 10.38% equity interest in this entity indirectly through its parent company as of 10/31/2020. Mr. Zhang's children owns 10.38% equity interest in this entity indirectly from 11/1/2020. (c) Tina Ni, one of Mr. Zhou Min Ni’s family members, owns 26.5% equity interest in this entity indirectly through its parent company. (d) Mr. Zhou Min Ni owns 30% equity interest in this entity. (e) Mr. Zhou Min Ni owns 25% equity interest in this entity. (f) Mr. Zhou Min Ni owns 50% equity interest in this entity. (g) Mr. Zhou Min Ni owns 25% equity interest in this entity indirectly through its parent company. (h) Mr. Zhou Min Ni owns 40% equity interest in this entity indirectly through its parent company. (i) Mr. Zhou Min Ni owns 100% equity interest in this entity. (j) Mr. Zhou Min Ni owns 37% equity interest in this entity. (k) Mr. Zhou Min Ni owns 25% equity interest in this entity. (l) Mr. Jian Ming Ni, former Chief Financial Officer owns 29% equity interest in this entity. Mr. Zhou Min Ni previously owned 37.34% equity in this entity as of 12/31/2019. We have been told that Mr Ni's equity interest was disposed of on 1/1/2020. For comparison purpose, the total purchase in year 2020 was $3,986,069. (m) Mr. Zhou Min Ni owns 26% equity interest in this entity. (n) Raymond Ni, one of Mr. Zhou Min Ni’s family members, owns 100% equity interest in this entity. On 2/25/2021, Han Feng executed an asset purchase agreement to acquire the machinery and equipment from Revolution Industry, LLC. Going forward, Han Feng takes the egg roll production business in house and ceases vendor relationship with Revolution Industry, LLC. See Footnote 19 Subsequent Events for additional Information. (o) Mr. Zhou Min Ni owns 30% equity interest in this entity. (p) Tina Ni, one of Mr. Zhou Min Ni’s family members, owns 30% equity interest in this entity. Anthony Zhang, one of Mr. Xiao Mou Zhang's family member, owns 10% of equity interest in this entity. (q) Mr. Xiao Mou Zhang owns 5.2% equity interest in this entity indirectly through its parent company. b. Sales - related parties Below is a summary of sales to related parties recorded for the year ended December 31, 2020 and 2019, respectively: For the Years Ended Name of Related Party December 31, December 31, (a) ABC Food Trading, LLC $ 1,870,728 $ 416,392 (b) Asahi Food, Inc. 465,069 70,700 (c) Best Food Services, LLC 336,800 — (d) Eagle Food Service, LLC 4,604,894 7,172,063 (e) Eastern Fresh NJ, LLC 1,602,479 4,470,618 (f) Enson Group, Inc. (formerly "Enson Group, LLC") 307,585 635,078 (g) Enson Philadelphia, Inc. 125,684 142,193 (h) Enson Seafood GA, Inc. (formerly “GA-GW Seafood, Inc.”) 492,679 1,481,776 (i) First Choice Seafood, Inc. 1,378,207 — (j) Fortune One Foods, Inc. 310,635 787,700 (k) Heng Feng Food Services, Inc. 668,844 1,601,546 (l) N&F Logistics, Inc. 1,027,427 2,364,820 (m) The Big Catch Alhambra, LLC 57,048 60,842 (n) UGO USA, Inc. 66,448 75,393 Others 108,020 73,295 Total $ 13,422,547 $ 19,352,416 (a) Mr. Xiao Mou Zhang previously owns 10.38% equity interest in this entity indirectly through its parent company as of 10/31/2020. Mr. Zhang's children owns 10.38% equity interest in this entity indirectly from 11/1/2020. (b) The Company, through its subsidiary MF, owns 49% equity interest in this entity. (c) Mr. Xiao Mou Zhang previously owns 10.38% equity interest in this entity indirectly through its parent company as of 10/31/2020. Mr. Zhang's children owns 10.38% equity interest in this entity indirectly from 11/1/2020. (d) Tina Ni, one of Mr. Zhou Min Ni’s family members, owns 26.5% equity interest in this entity indirectly through its parent company. (e) Mr. Zhou Min Ni owns 30% equity interest in this entity. (f) Mr. Zhou Min Ni owns 25% equity interest in this entity. (g) Mr. Zhou Min Ni owns 23.33% equity interest in this entity. (h) Mr. Zhou Min Ni owns 50% equity interest in this entity. (i) Mr. Zhou Min Ni owns 25% equity interest in this entity indirectly through its parent company. (j) Mr. Zhou Min Ni owns 17.5% equity interest in this entity indirectly through its parent company. (k) Mr. Zhou Min Ni owns 45% equity interest in this entity. (l) Mr. Zhou Min Ni owns 25% equity interest in this entity. (m) Mr. Xiao Mou Zhang owns 10% equity interest in this entity. (n) Mr. Zhou Min Ni owns 30% equity interest in this entity. c. Lease Agreements - Related Parties The Company leases various facilities to related parties. R&N Holdings leases a facility to North Carolina Good Taste Noodle Inc under an operating lease agreement expiring in 2024. Rental income for the year ended December 31, 2019 was 45,600. We have been told that Mr. Ni disposed his equity interest on January 1, 2020. Therefore, North Carolina Good Taste Noodle Inc is no longer a related party as of January 1, 2020. For comparison purpose, the rental income for the years ended December 31, 2020 was $45,600. R&N Holdings also leases a facility to UGO USA Inc. under an operating lease agreement expiring in 2022. Rental income recorded for the year ended December 31, 2020 and 2019 was $161,000 and nil, respectively. Rental income recorded for 2020 represented $119,000 of retroactive billing from March 1, 2017 to December 31, 2019, and $42,000 for the year ended December 31, 2020. HG Realty leases a warehouse to Enson Seafood GA Inc. (formerly “GA-GW Seafood, Inc.”) under an operating lease agreement expiring on September 21, 2027. Rental income recorded for the years ended December 31, 2020 and 2019 was $480,000 and $480,000, respectively. Han Feng leases a production area to Revolution Industry, LLC under a $3,000 month-to-month lease agreement. Rental income recorded for the years ended December 31, 2020 and 2019 was $39,000 and $33,000, respectively. The lease agreement was terminated as a result of the asset purchase agreement executed on February 25, 2021. See Footnote 19 Subsequent Events for additional Information. B&R Global leased warehouses from related parties owned by the majority shareholder of B&R Global prior to the Realty Acquisition on January 17, 2020. Rent to the related parties recorded from January 1, 2020 to January 16, 2020 was $187,750. In 2020, Kirnland renewed a warehouse lease from Yoan Chang Trading, Inc. ("Yoan") under an operating lease agreement expiring on December 31, 2020. Rent incurred to the related party was $120,000 and $120,000 recorded for the years ended December 31, 2020 and 2019, respectively. In February 2021, Kirnland executed a new 5-year operating lease agreement with Yoan effective January 1, 2021 and expiring on December 31, 2025. See Note 19 - Subsequent Events for more details of the operating lease Related Party Balances a. Accounts receivable - related parties, net Below is a summary of accounts receivable with related parties recorded as of December 31, 2020 and 2019, respectively: Name of Related Party As of December 31, As of December 31, (a) ABC Food Trading, LLC $ 18,816 $ 238,513 (b) Asahi Food, Inc. 68,766 34,265 (c) Eagle Food Service, LLC 697,538 979,591 (d) Eastern Fresh NJ, LLC — 1,511,075 (e) Enson Group, Inc. (formerly "Enson Group, LLC") — 341,200 (f) Enson Seafood GA, Inc. (formerly “GA-GW Seafood, Inc.”) 325,596 348,833 (g) Fortune One Foods, Inc. 36,250 53,862 (h) Heng Feng Food Services, Inc. — 477,541 (i) N&F Logistics, Inc. 113,247 119,241 (j) The Big Catch Alhambra, LLC 2,292 89,249 Others 4,068 9,500 Total $ 1,266,573 $ 4,202,870 (a) Mr. Xiao Mou Zhang previously owns 10.38% equity interest in this entity indirectly through its parent company as of 10/31/2020. Mr. Zhang's children owns 10.38% equity interest in this entity indirectly from 11/1/2020. (b) The Company, through its subsidiary MF, owns 49% equity interest in this entity. (c) Tina Ni, one of Mr. Zhou Min Ni’s family members, owns 26.5% equity interest in this entity indirectly through its parent company. (d) Mr. Zhou Min Ni owns 30% equity interest in this entity. (e) Mr. Zhou Min Ni owns 25% equity interest in this entity. (f) Mr. Zhou Min Ni owns 50% equity interest in this entity. (g) Mr. Zhou Min Ni owns 17.5% equity interest in this entity indirectly through its parent company. (h) Mr. Zhou Min Ni owns 45% equity interest in this entity. (i) Mr. Zhou Min Ni owns 25% equity interest in this entity. (j) Mr. Xiao Mou Zhang owns 10% equity interest in this entity. All accounts receivable from these related parties are current and considered fully collectible. No allowance is deemed necessary as of December 31, 2020 and December 31, 2019. b. Accounts payable - related parties, net All the accounts payable to related parties are payable upon demand without interest. Below is a summary of accounts payable with related parties recorded as of December 31, 2020 and 2019, respectively: Name of Related Party As of December 31, As of December 31, (a) Best Food Services, LLC $ 588,920 $ 987,487 (b) Eastern Fresh NJ, LLC 427,795 — (c) Fujian RongFeng Plastic Co., Ltd 69,429 1,684,192 (d) Hanfeng (Fujian) Information Technology Co., Ltd. 175,657 — (e) Hanfeng Information Technology (Jinhua), Inc. 107,258 166,971 (f) Heng Feng Food Services, Inc. 116,436 — (g) North Carolina Good Taste Noodle, Inc. — 992,353 (h) UGO USA, Inc. 211,003 340,087 (i) Union Foods, LLC — 248,901 Others 87,363 101,365 Total $ 1,783,861 $ 4,521,356 (a) Mr. Xiao Mou Zhang previously owns 10.38% equity interest in this entity indirectly through its parent company as of 10/31/2020. Mr. Zhang's children owns 10.38% equity interest in this entity indirectly from 11/1/2020. (b) Mr. Zhou Min Ni owns 30% equity interest in this entity. (c) Mr. Zhou Min Ni owns 40% equity interest in this entity indirectly through its parent company. (d) Mr. Zhou Min Ni owns 100% equity interest in this entity. (e) Mr. Zhou Min Ni owns 37% equity interest in this entity. (f) Mr. Zhou Min Ni owns 45% equity interest in this entity. (g) Mr. Jian Ming Ni, former Chief Financial Officer owns 29% equity interest in this entity. Mr. Zhou Min Ni previously owned 37.34% equity in this entity as of 12/31/2019. We have been told that Mr Ni's equity interest was disposed of on 1/1/2020. For comparison purpose, accounts payable as of 12/31/2020 is $554,156. (h) Mr. Zhou Min Ni owns 30% equity interest in this entity. (i) Tina Ni, one of Mr. Zhou Min Ni’s family members, owns 30% equity interest in this entity. Anthony Zhang, one of Mr. Xiao Mou Zhang's family member, owns 10% of equity interest in this entity. c. Advances to suppliers - related parties, net The Company periodically provides purchase advances to various vendors, including the related party suppliers. Below is a summary of advances to related party suppliers recorded as of December 31, 2020 and December 31, 2019, respectively: Name of Related Party As of December 31, As of December 31, (a) Ocean Pacific Seafood Group, Inc. $ 7,101 $ 223,303 (b) Revolution Industry, LLC 189,702 521,832 Total $ 196,803 $ 745,135 (a) Mr. Zhou Min Ni owns 26% equity interest in this entity. (b) Raymond Ni, one of Mr. Zhou Min Ni’s family members, owns 100% equity interest in this entity. On 2/25/2021, Han Feng executed an asset purchase agreement to acquire the machinery and equipment from Revolution Industry, LLC. Going forward, Han Feng takes the egg roll production business in house and ceases vendor relationship with Revolution Industry, LLC. See Footnote 19 Subsequent Events for additional Information. d. Promissory note payable - related party B&R Global issued a $7.0 million Unsecured Subordinated Promissory Note to BRGR. The note bears an interest rate of 6% per annum that matures in January 2030. e. Security deposit - related parties The Company made deposits to its related parties for warehouse rental purposes. These deposits are expected to be returned upon termination of the respective leases. Total deposits to related parties amounted to $591,380 as of December 31, 2019. As a result of the Realty Acquisition referenced in Note 8, rent deposits previously classified as made by related parties became intercompany balances and were eliminated as of December 31, 2020. There were no related party rent deposits as of December 31, 2020. f. Notes Receivable - Related Parties The Company had previously made advances or loans to certain entities that are either owned by our former Chairman and Co-CEO of the Company, Mr. Zhou Min Ni or family members of Mr. Ni. On January 1, 2018, the Company entered into a promissory note agreement with Enson Seafood GA Inc. (Enson Seafood) . Pursuant to the promissory note agreement, the total outstanding balance of $550,000 due from Enson Seafood as of December 31, 2017 was converted into promissory notes bearing annual interest of 5% commencing January 1, 2018. The principal plus interest was due no later than December 31, 2019. Interest was computed on the outstanding balance on the basis of the actual number of days elapsed in a year of 360 days. On September 30, 2018, the Company signed a promissory note agreement with Enson Seafood in the principal amount of $2,000,000. The note accrued interest at the rate of 5% per annum on the unpaid balance, compounded monthly. The principal plus all accrued and unpaid interest was initially due no later than September 30, 2019, with an option to renew, and required Enson Seafood to make monthly payments of $171,215 for twelve months. On March 1, 2019, the Company and Enson Seafood extended the expiration date of the note until February 29, 2024 and Mr. Zhou Min Ni agreed to personally guarantee the note. On January 1, 2018, the Company signed a promissory note agreement with Han Feng Global Inc. dba NSG International, Inc. (NSG). Pursuant to the promissory note agreement, the outstanding total outstanding balances of $5,993,552 due from NSG as of December 31, 2017 were converted into promissory notes bearing annual interest of 5% commencing January 1, 2018. The principal plus interest was required to be paid off no later than December 31, 2019. Interest was computed on the outstanding balance on the basis of the actual number of days elapsed in a year of 360 days. On March 1, 2019, the Company entered into a new five year term promissory note agreement with NSG that comprised a restatement and novation and superseded the note dated January 1, 2018. Pursuant to the new promissory note agreement, the outstanding balance of $5,941,031 together with interest at the rate of 5% per annum became payable in monthly installments until principal and accrued interest was paid in full on or before March 1, 2024. On March 1, 2018, the Company entered into a promissory note agreement by which Revolution Automotive, LLC (Revolution Automotive) was loaned $483,628. Pursuant to this promissory note agreement, Revolution Automotive was required to make monthly payments of $5,000 for 60 months, including interest, with a final payment of $284,453. The loan bore interest of 5% per annum. Interest was computed on the outstanding balance on the basis of the actual number of days elapsed in a year of 360 days. The principal plus interest was to be paid off no later than April 30, 2023. On March 1, 2019, the Company and each of Enson Seafood and NSG agreed to extend the expiration date of their notes payable until February 29, 2024, and Mr. Zhou Min Ni agreed to personally guarantee these notes. On September 30, 2019, the Company and Mr. Ni entered into a Loan Purchase and Sale Agreement (the "Loan Sale Agreement"). Pursuant to the Loan Sale Agreement, all such notes receivable stated above, having then a combined outstanding balance of $8,415,525 ("Total Notes Receivable"), were sold to Mr. Zhou Min Ni in exchange for 632,746 shares of common stock of the Company, which shares were received and recorded in treasury stock by the Company as of September 30, 2019. In connection with the sale of the above notes, the Company also required 208,806 additional shares of common stock of the Company owned by Mr. Ni to be placed in an escrow account for a period of one year until September 30, 2020 (the “Escrow Period”), which will then be delivered to the Company in part or in full, if the volume weighted average price ("VWAP") of the Company’s common stock for the 250-trading-day period immediately preceding the expiration of the Escrow Period is less than $13.30.

SEGMENT REPORTING

SEGMENT REPORTING	12 Months Ended
	Dec. 31, 2020
Segment Reporting [Abstract]
SEGMENT REPORTING	SEGMENT REPORTING ASC 280, Segment Reporting, establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal organizational structure as well as information about geographical areas, business segments and major customers in financial statements for details on the Company’s business segments. The Company uses the “management approach” in determining reportable operating segments. The management approach considers the internal organization and reporting used by the Company’s operating decision makers for making operational decisions and assessing performance as the source for determining the Company’s reportable segments. Management, including the operating decision makers, review operation results by the revenue of different distribution centers. After acquiring B&R Global in November 2019, the Company distinguishes revenues, costs and expenses between HF and B&R Global in its internal reporting. As a result, the Company has two reportable segments, HF covering Southeastern Coast of U.S. and B&R Global covering the Pacific and Mountain West regions of U.S. The following table presents net sales by segment for the years ended December 31, 2020 and 2019, respectively: For the Year Ended December 31, 2020 December 31, 2019 Net revenue HF $ 221,354,504 $ 302,103,038 B&R Global 345,476,571 86,059,243 Total $ 566,831,075 $ 388,162,281 All the Company’s revenue was generated from its business operations in the U.S. For the Year Ended December 31, 2020 HF B&R Global Total Revenue $ 221,354,504 $ 345,476,571 $ 566,831,075 Cost of revenue 178,777,382 287,762,110 466,539,492 Gross profit 42,577,122 57,714,461 100,291,583 Depreciation and amortization 2,971,777 14,896,819 17,868,596 Cash capital expenditures 244,255 420,495 664,750 For the Year Ended December 31, 2019 HF B&R Global Total Revenue $ 302,103,038 $ 86,059,243 $ 388,162,281 Cost of revenue 252,078,738 72,875,020 324,953,758 Gross profit 50,024,300 13,184,223 63,208,523 Depreciation and amortization 5,487,027 1,267,481 6,754,508 Cash capital expenditures 4,681,404 154,525 4,835,929 The following table presents total assets by reportable segment as of December 31, 2020 and 2019, respectively: As of December 31, As of December 31, Total assets: HF $ 58,620,619 $ 80,514,529 B&R Global 425,664,464 722,329,265 Total Assets $ 484,285,083 $ 802,843,794 All of the Company’s long-lived assets are located in the U.S.

COMMITMENT AND CONTINGENCIES

COMMITMENT AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
COMMITMENT AND CONTINGENCIES	COMMITMENT AND CONTINGENCIES Various labor and employment lawsuits were filed by former employees against FUSO, NBT, and HRT, alleging these entities failed to provide proper meal and rest breaks, as well as other related violations. These entities deny all the allegations. Management believes there is no merit to the cases and will vigorously defend the cases. Therefore, the Company did not accrue any loss contingency for this matter on its consolidated financial statements as of December 31, 2020 and 2019. FUSO's case was dismissed on January 25, 2021. No class was certified and no class relief was granted. The individual plaintiff's claims were resolved under the terms of a confidential settlement agreement providing that no party admitted any liability or wrongdoing and that the individual plaintiff would receive a payment in an amount having no material impact on the financial condition or results of operations of the FUSO operating unit and the Company as a whole. Various labor and employment claims have been filed or asserted against Happy FM Group Inc., alleging that this subsidiary failed to pay all wages owed to one or more employees under the California Labor Code as well as other related violations. These allegations all have been denied. These cases are in the earliest stages of litigation and the parties have not commenced discovery. Management believes there is no merit to the cases and will vigorously defend the cases. Therefore, the Company did not accrue any loss contingency for this matter on its consolidated financial statements as of December 31, 2020. On March 29, 2020, plaintiff Jesus Mendoza (“Mendoza”) filed a putative shareholder securities class action lawsuit (the "Class Action Lawsuit”) in the United States District Court for the Central District of California against the Company and certain of its present and former officers (collectively, the “Class Action Defendants”) for alleged violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 styled Mendoza v. HF Foods Group Inc., et al., Civil Action No. 2:20-CV-2929-ODW-JPR (C.D. Cal.). On April 30, 2020, plaintiff Walter Ponce-Sanchez (“Ponce-Sanchez”) filed a substantially similar putative shareholder securities class action lawsuit (the “Ponce-Sanchez Lawsuit”) in the United States District Court for the Central District of California against the same defendants named in the Class Action Lawsuit (collectively, the “Ponce-Sanchez Defendants” and with the Class Action Defendants, the “Defendants”) styled Ponce-Sanchez v. HF Foods Group Inc., et al. , Civil Action No. 2:20-CV-3967-ODW-JPR (C.D. Cal.). The Ponce-Sanchez Lawsuit has now been consolidated with the Class Action Lawsuit and both cases will proceed under the Class Action Lawsuit docket. The complaints both allege that the Defendants made materially false and or misleading statements that caused losses to investors. Additionally, the complaints both allege that the Defendants failed to disclose in public statements that the Company engaged in certain related party transactions, that insiders and related parties were enriching themselves by misusing shareholder funds, and that the Company masked the true number of free-floating shares. Neither complaint quantifies any alleged damages, but, in addition to attorneys’ fees and costs, they seek to recover damages on behalf of themselves and other persons who purchased or otherwise acquired Company stock during the putative class period from August 23, 2018 through March 23, 2020 at allegedly inflated prices and purportedly suffered financial harm as a result. On October 13, 2020, the Court appointed Yun F. Yee as lead plaintiff and approved Mr. Yee’s counsel as lead counsel in the consolidated Class Action Lawsuit. Thereafter, an amended complaint was filed, which purports to expand the putative class period from August 23, 2018 to November 9, 2020. The Defendants filed their motion to dismiss the amended complaint on January 19, 2021, which is pending. The Class Action Lawsuit does not quantify any alleged damages. The Company intends to defend the consolidated Class Action Lawsuit vigorously. On June 15, 2020, Mendoza filed a shareholder derivative lawsuit on behalf of the Company as a nominal defendant (the “Mendoza Derivative Lawsuit”) in the United States District Court for the Central District of California against certain of the Company’s present and former directors and officers (collectively, the “Mendoza Derivative Defendants”) styled Mendoza v. Zhou Min Ni, et al., Civil Action No. 2:20-CV-5300-ODW-JPR (C.D. Cal.). The complaint in the Mendoza Derivative Lawsuit is based largely on the same allegations as set forth in the Class Action Lawsuit discussed above and alleges violations of Sections 10(b), 14(a), and 20(a) of the Securities Exchange Act of 1934, breach of fiduciary duties , unjust enrichment, abuse of control, gross mismanagement, and waste of corporate assets. The Mendoza Derivative Lawsuit does not quantify any alleged damages, but, in addition to attorneys’ fees and costs, Mendoza seeks to recover damages on behalf of the Company for purported financial harm and to have the court order changes in the Company’s corporate governance. The Mendoza Derivative Defendants and the Company intend to defend the Mendoza Derivative Lawsuit vigorously. On July 8, 2020, the Court ordered that all proceedings in the Mendoza Derivative Lawsuit be stayed until such time as the Court has finally resolved the Defendants’ motion to dismiss the Class Action Lawsuit. At this stage, the Company is unable to determine whether a future loss will be incurred due to the consolidated Class Action Lawsuit or the Mendoza Derivative Lawsuit, or estimate a range of loss, if any; accordingly, no amounts have been accrued in the Company’s consolidated financial statements as of December 31, 2020. On August 21, 2020, plaintiff Jim Bishop ("Bishop") filed a putative shareholder derivative lawsuit (the “Bishop Lawsuit”) in the United States District Court for the District of Delaware against certain of the Company’s present and former directors and officers, as well as the Company (collectively, the “Bishop Defendants”) styled Jim Bishop v. Zhou Min Ni, et al. , Civil Action No. 1:20-cv-01103-RGA (D. Del.). The Bishop Lawsuit complaint alleges claims that are virtually the same as those alleged in the Mendoza Derivative Lawsuit. The Bishop Lawsuit does not quantify any alleged damages. But in addition to attorneys’ fees and costs, Bishop seeks to recover damages on behalf of the Company for purported financial harm and to have the Court order changes to the Company’s corporate governance.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2020
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS On February 22, 2021, the Board of Directors approved the terms of a Separation Agreement pursuant to which Zhou Min Ni has voluntarily resigned from his position as co-Chief Executive Officer and director and any position he holds with any of the Company’s subsidiaries, effective February 23, 2021 (“Separation Date”). On February 23, 2021, Xiao Mou Zhang became the sole Chief Executive Officer of the Company (he was previously co-Chief Executive Officer). On February 22, 2021, the Board of Directors of the Company appointed Russell Libby as the new Chair of the Company’s Board of Directors. On February 10, 2021, 273 Co, a newly established Delaware limited liability company and wholly owned subsidiary of the Company, completed the closing of an Assignment and Assumption of Lease Agreement (“Assignment”), dated effective as of January 21, 2021, pursuant to which it has assumed the lease of the premises at 273 Fifth Avenue, New York, New York (the “273 Lease Agreement”) dated as of July 2, 2018, by and between AnHeart, a former subsidiary of the Company, and Premier 273 Fifth, LLC ("Landlord"). On the same date, the closing documents were delivered to effectuate the amendment of the 273 Lease Agreement pursuant to an Amendment to Lease (the “Lease Amendment”). The Assignment and the 273 Lease Amendment were negotiated pursuant to guarantee obligations of the Company’s wholly owned subsidiary, HF Holding as guarantor under the Lease Agreement. See Note 13, above, for additional information regarding the AnHeart leases. 273 Co has agreed to observe all the covenants and conditions of the Lease Agreement, as amended, including the payment of all rents due. Under the terms of the Lease Agreement and the Assignment, 273 Co has undertaken to construct, at Company’s expense, a building on the premises, at a minimum cost of $2,500,000. The 273 Lease Agreement and the Lease Amendment provide for a term of 30 years, with option to renew for 10 additional years, at an annual rent starting at $325,000 and escalating annually throughout the term, with the annual rent in the final year of the initial term of $1,047,974. The 273 Lease Amendment further granted certain rent abatement to the premises for 2020 and 2021, including a 20% reduction of annual rent in 2021. The Lease Amendment permits subletting of the premises. In January 2021, one of the Company's subsidiary, Kirnland signed a new 5-year operating lease agreement with a related party, Yoan to continue to lease the warehouse space that Kirnland has been operating in at 36 - 40 Enterprise Blvd, Atlanta, Georgia ("Warehouse Lease"). Pursuant to the Warehouse Lease, effective January 1, 2021 and maturing on December 31, 2025, Kirnland will pay an initial monthly rental rate of $23,495 with standard annual rent escalation of 3% per annum. See Note 13 - Leases. On February 25, 2021, the Company entered into an Asset Purchase Agreement with Revolution Industry, LLC ("Revolution"), a company owned by the son of Company's former Chairman and Co-CEO. Pursuant to the Asset Purchase Agreement, the Company has acquired substantially all of the operating assets used or held for use in such business operation for an amount of $250,000 plus the fair market wholesale value of all verified, useable cabbage and egg roll mix inventory of Revolution. Advances due from Revolution at the time of transaction were an offset to the purchase payment made to Revolution. See Note 16 - Related Parties Transaction.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Basis of Presentation and Principles of Consolidation	Basis of Presentation and Principles of Consolidation The accompanying consolidated financial statements have been prepared in accordance with U.S. GAAP. The consolidated financial statements include the financial statements of HF Group, its subsidiaries and the VIE. The VIE has been accounted for at historical cost and prepared on the basis as if common control had been established as of the beginning of the first period presented in the accompanying consolidated financial statements. All inter-company balances and transactions have been eliminated upon consolidation. U.S. GAAP provides guidance on the identification of VIE and financial reporting for entities over which control is achieved through means other than voting interests. The Company evaluates each of its interests in an entity to determine whether or not the investee is a VIE and, if so, whether the Company is the primary beneficiary of such VIE. In determining whether the Company is the primary beneficiary, the Company considers if the Company (1) has power to direct the activities that most significantly affect the economic performance of the VIE, and (2) receives the economic benefits of the VIE that could be significant to the VIE. If deemed the primary beneficiary, the Company consolidates the VIE. As of December 31, 2020 and 2019, FUSO is considered to be a VIE. FUSO was established solely to provide exclusive services to the Company. The entity lacks sufficient equity to finance its activities without additional subordinated financial support from the Company, and the Company has the power to direct the VIEs’ activities. In addition, the Company receives the economic benefits from the entity and has concluded that the Company is a primary beneficiary. The carrying amounts of the assets, liabilities, the results of operations and cash flows of the VIE is included in the Company’s consolidated balance sheets, statements of income (loss) and statements of cash flows are as follows: December 31, 2020 December 31, 2019 Current assets $ 47,822 $ 158,184 Non-current assets 115,934 301,803 Total assets $ 163,756 $ 459,987 Current liabilities $ 496,234 $ 805,666 Non-current liabilities 39,475 69,321 Total liabilities $ 535,709 $ 874,987 For the year ended December 31 2020 2019 Net revenue $ 2,020,416 $ 420,163 Net income $ 43,046 $ 68,449 For the year ended December 31 2020 2019 Net cash provided by operating activities $ 246,153 $ 201,885 Net cash used in financing activities (265,004) (207,159) Net decrease in cash and cash equivalents $ (18,851) $ (5,274)
Noncontrolling Interests	Noncontrolling Interests U.S. GAAP requires that noncontrolling interests in subsidiaries and affiliates be reported in the equity section of a company’s balance sheet. In addition, the amounts attributable to the net income (loss) of those subsidiaries are reported separately in the consolidated statements of income. As of December 31, 2020 and 2019, noncontrolling interest equity consisted of the following: Name of Entity Percentage of December 31, 2020 December 31, 2019 Kirnland 33.33 % $ 1,384,780 $ 1,292,623 MIN 39.75 % 889,596 896,980 MS 35.00 % 459,816 459,126 OW 32.50 % 1,633,355 1,600,058 Total $ 4,367,547 $ 4,248,787
Use of Estimates	Uses of Estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during each reporting period. Actual results could differ from those estimates. Significant accounting estimates reflected in the Company’s consolidated financial statements include, but are not limited to, allowance for doubtful accounts, useful lives of property and equipment, lease assumptions, impairment of long-lived assets, long-term investments, goodwill, the purchase price allocation and fair value of noncontrolling interests with respect to business combinations, realization of deferred tax assets, and uncertain income tax positions.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid investments purchased with a maturity of three or fewer months to be cash equivalents. As of December 31, 2020 and 2019, the Company had no cash equivalents.
Accounts Receivables	Accounts Receivable Accounts receivable represent amounts due from customers in the ordinary course of business and are recorded at the invoiced amount and do not bear interest. Receivables are presented net of the allowance for doubtful accounts in the accompanying consolidated balance sheets. The Company evaluates the collectability of its accounts receivable and determines the appropriate allowance for doubtful accounts based on a combination of factors. When the Company is aware of a customer’s inability to meet its financial obligation, a specific allowance for doubtful accounts is recorded, reducing the receivable to the net amount the Company reasonably expects to collect. In addition, allowances are recorded for all other receivables based on historic collection trends, write-offs and the aging of receivables. The Company uses specific criteria to determine uncollectible receivables to be written off, including, e.g., bankruptcy filings, the referral of customer accounts to outside parties for collection, and the length that accounts remain past due. As of December 31, 2020 and 2019, allowances for doubtful accounts were $909,182 and $623,970, respectively.
Inventories	Inventories The Company’s inventories, consisting mainly of food and other food service-related products, are primarily considered as finished goods. Inventory costs, including the purchase price of the product and freight charges to deliver it to the Company’s warehouses, are net of certain cash or non-cash consideration received from vendors. The Company assesses the need for valuation allowances for slow-moving, excess and obsolete inventories by estimating the net recoverable value of such goods based upon inventory category, inventory age, specifically identified items, and overall economic conditions. Inventories are stated at the lower of cost or net realizable value using the first-in, first-out (FIFO) method. As of December 31, 2020 and 2019, the valuation allowance was $146,078 and $16,928, respectively.
Property and Equipment	Property and Equipment Property and equipment are stated at cost, less accumulated depreciation and amortization. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets. Following are the estimated useful lives of the Company’s property and equipment: Estimated useful lives (years) Automobiles 3 — 7 Buildings and improvements 7 — 39 Furniture and fixtures 4 — 10 Machinery and equipment 3 — 10 Repair and maintenance costs are charged to expense as incurred, whereas the cost of renewals and betterment that extends the useful lives of property, plant and equipment are capitalized as additions to the related assets. Retirements, sales and disposals of assets are recorded by removing the cost and accumulated depreciation from the asset and accumulated depreciation accounts with any resulting gain or loss reflected in the consolidated statements of income in other income or expenses.
Business Combinations	Business Combinations The Company accounts for its business combinations using the purchase method of accounting in accordance with ASC 805 (“ASC 805”), Business Combinations . The purchase method of accounting requires that the consideration transferred be allocated to the assets, including separately identifiable assets and liabilities the Company acquired, based on their estimated fair values. The consideration transferred in an acquisition is measured as the aggregate of the fair values at the date of exchange of the assets given, liabilities incurred, and equity instruments issued as well as the contingent considerations and all contractual contingencies as of the acquisition date. Identifiable assets, liabilities and contingent liabilities acquired or assumed are measured separately at their fair value as of the acquisition date, irrespective of the extent of any non-controlling interests. The excess of (i) the total of cost of acquisition, fair value of the noncontrolling interests and acquisition date fair value of any previously held equity interest in the acquiree over, (ii) the fair value of the identifiable net assets of the acquiree, is recorded as goodwill. If the cost of acquisition is less than the fair value of the net assets of the subsidiary acquired, the difference is recognized directly in earnings. The Company estimates the fair value of assets acquired and liabilities assumed in a business combination. While the Company uses its best estimates and assumptions to accurately value assets acquired and liabilities assumed at the acquisition date, its estimates are inherently uncertain and subject to refinement. Significant estimates in valuing certain intangible assets include, but are not limited to future expected revenues and cash flows, useful lives, discount rates, and selection of comparable companies. Although the Company believes the assumptions and estimates it has made in the past have been reasonable and appropriate, they are based in part on historical experience and information obtained from management of the acquired companies and are inherently uncertain. During the measurement period, which may be up to one year from the acquisition date, the Company records adjustments to the assets acquired and liabilities assumed with the corresponding offset to goodwill. On the conclusion of the measurement period or final determination of the values of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments are recorded to the Company’s consolidated statements of operations. Transaction costs associated with business combinations are expensed as incurred, and are included in distribution, selling and administrative expenses in the Company’s consolidated statements of operations. The results of operations of the businesses that the Company acquired are included in the Company’s consolidated financial statements from the date of acquisition.
Goodwill	Goodwill Goodwill represents the excess of the purchase price over the fair value of net assets acquired in a business combination. The Company tests goodwill for impairment at least annually, in the fourth quarter, or whenever events or changes in circumstances indicate that goodwill might be impaired. The Company reviews the carrying values of goodwill and identifiable intangibles whenever events or changes in circumstances indicate that such carrying values may not be recoverable and annually for goodwill and indefinite lived intangible assets as required by ASC Topic 350 (“ASC 350”), Intangibles — Goodwill and Other . This guidance provides the option to first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying value. If, based on a review of qualitative factors, it is more likely than not that the fair value of a reporting unit is less than its carrying value, the Company performs a quantitative analysis. If the quantitative analysis indicates the carrying value of a reporting unit exceeds its fair value, the Company measures any goodwill impairment losses as the amount by which the carrying amount of a reporting unit exceeds its fair value, not to exceed the total amount of goodwill allocated to that reporting unit. The Company opted the early adoption of Accounting Standards Update (“ASU”) 2017-4, Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment . The standard simplifies the subsequent measurement of goodwill by removing Step 2 of the current goodwill impairment test, which requires a hypothetical purchase price allocation. Under the new standard, an impairment loss will be recognized in the amount by which a reporting unit's carrying value exceeds its fair value, not to exceed the carrying amount of goodwill.
Intangible Assets	Intangible Assets Intangible assets are carried at cost and amortized on a straight-line basis over their estimated useful lives. The Company determines the appropriate useful life of its intangible assets by measuring the expected cash flows of acquired assets. The estimated useful lives of intangible assets are as follows: Estimated useful lives (years) Tradenames 10 Customer relationships 20
Long term investments	Long term investments The Company’s investments in unconsolidated entities consist of equity investments and investment without readily determinable fair value. The Company follows ASC Topic 321 (“ASC 321”), Investments – Equity Securities , using the measurement alternative to measure investments in investees that do not have readily determinable fair value and over which the Company does not have significant influence at cost, less any impairment, plus or minus changes resulting from observable price changes in orderly transactions for identical or similar investments of the same issuer, if any. The Company makes a qualitative assessment of whether the investment is impaired at each reporting date. If a qualitative assessment indicates that the investment is impaired, the Company has to estimate the investment’s fair value in accordance with the principles of ASC Topic 820 (“ASC 820”), Fair Value Measurements and Disclosures. If the fair value is less than the investment’s carrying value, the entity has to recognize an impairment loss in net income equal to the difference between the carrying value and fair value. Investments in entities in which the Company can exercise significant influence but does not own a majority equity interest or control are accounted for using the equity method of accounting in accordance with ASC Topic 323 (“ASC 323”), Investments-Equity Method and Joint Ventures . Under the equity method, the Company initially records its investment at cost and the difference between the cost and the fair value of the underlying equity in the net assets of the equity investee is recognized as equity method goodwill, which is included in the equity method investment on the consolidated balance sheets. The equity method goodwill is not subsequently amortized and is not tested for impairment under ASC 350. The Company subsequently adjusts the carrying amount of the investment to recognize the Company’s proportionate share of each equity investee’s net income or loss into earnings after the date of investment. The Company evaluates the equity method investments for impairment under ASC 323. An impairment loss on the equity method investments is recognized in earnings when the decline in value is determined to be other-than-temporary. The Company did not record any impairment loss on its long term investments as of December 31, 2020 and 2019.
Impairment of Long-Lived Assets other than goodwill	Impairment of Long-lived Assets other than goodwill The Company assesses its long-lived assets such as property and equipment for impairment whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. Factors which may indicate potential impairment include a significant underperformance related to the historical or projected future operating results or a significant negative industry or economic trend. Recoverability of these assets is measured by comparison of their carrying amounts to future undiscounted cash flows the assets are expected to generate. If property and equipment, and intangible assets are considered to be impaired, the impairment to be recognized equals the amount by which the carrying value of the assets exceeds their fair value. The Company did not record any impairment loss on its long-lived assets as of December 31, 2020 and 2019.
Revenue Recognition	Revenue Recognition The Company recognizes revenue from the sale of products when title and risk of loss passes and the customer accepts the goods, which occurs at delivery. Sales taxes invoiced to customers and remitted to government authorities are excluded from net sales. The Company follows ASU 2014-09, Revenue from Contracts with Customers (Topic 606) . The Company recognizes revenue that represents the transfer of goods and services to customers in an amount that reflects the consideration to which the Company expects to be entitled in such exchange. This requires the Company to identify contractual performance obligations and determine whether revenue should be recognized at a point in time or over time, based on when control of goods and services transfer to a customer. The majority of the Company’s contracts have one single performance obligation, as the promise to transfer the individual goods is not separately identifiable from other promises in the contracts and is, therefore, not distinct. The Company’s revenue streams are recognized at a specific point in time. For the years ended December 31, 2020 and 2019, revenue recognized from performance obligations related to prior periods was insignificant. Revenue expected to be recognized in any future periods related to remaining performance obligations is insignificant. The following table summarizes disaggregated revenue from contracts with customers by geographic locations: For the Years Ended December 31, December 31, Arizona $ 34,952,390 $ 7,196,217 California 192,998,208 54,877,209 Colorado 34,908,440 6,658,931 Florida 65,415,191 91,173,814 Georgia 46,985,078 65,173,052 North Carolina 108,954,235 145,756,172 Utah 52,458,685 8,249,684 Washington 30,158,848 9,077,202 Total $ 566,831,075 $ 388,162,281
Shipping and Handling Costs	Shipping and Handling Costs Shipping and handling costs, which include costs related to the selection of products and their delivery to customers, are presented in distribution, selling and administrative expenses. Shipping and handling costs were $6,813,693 and $4,443,967 for the years ended December 31, 2020 and 2019, respectively.
Income Taxes	Income Taxes The Company accounts for income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements. Under this method, the Company determines deferred tax assets and liabilities on the basis of the differences between the financial statement and tax bases of assets and liabilities by using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. The Company recognizes deferred tax assets to the extent that it believes that these assets are more likely than not to be realized. In making such a determination, the Company considers all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies, and results of recent operations. If the Company determines that it would be able to realize its deferred tax assets in the future in excess of their net recorded amount, the Company would make an adjustment to the deferred tax asset valuation allowance, which would reduce the provision for income taxes. The Company records uncertain tax positions in accordance with ASC 740 (“ASC 740”), Income Taxes , on the basis of a two-step process in which (1) the Company determines whether it is more likely than not that the tax positions will be sustained on the basis of the technical merits of the position and (2) for those tax positions that meet the more-likely-than-not recognition threshold, the Company recognizes the largest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement with the related tax authority. The Company does not believe that there were any uncertain tax positions at December 31, 2020 and 2019.
Leases	Leases On January 1, 2019, the Company adopted ASU 2016-02, Leases (Topic 842) ("Topic 842"). For all leases that were entered into prior to the effective date of ASC 842, the Company elected to apply the package of practical expedients. Based on this guidance the Company will not reassess the following: (1) whether any expired or existing contracts are or contain leases; (2) the lease classification for any expired or existing leases; and (3) initial direct costs for any existing leases. The adoption of Topic 842 did not have a material impact on the Company’s consolidated balance sheets or on its consolidated statements of operations. The adoption of Topic 842 resulted in the presentation of $21.2 million of operating lease assets and operating lease liabilities on the consolidated balance sheet as of January 1, 2019. See Note 11 for additional information. As a result of the Realty Acquisition (see Note 8 for additional information), nine leases previously included in the operating lease asset and liabilities balance were eliminated during consolidation. As of December 31, 2020 and 2019, the balances for operating lease assets and liabilities were $931,630 and $17,155,584, respectively. See Note 13 for additional information. The Company determines if an arrangement is a lease at inception. Operating leases are included in operating lease right-of-use (“ROU”) assets, current portion of obligations under operating leases, and obligations under operating leases, non-current on the Company’s consolidated balance sheets. Finance leases are included in property and equipment, net, current portion of finance lease liabilities, and finance lease liabilities, non-current on the consolidated balance sheets. Operating lease ROU assets and operating lease liabilities are recognized based on the present value of the future minimum lease payments over the lease term at commencement date. As most of the Company’s leases do not provide an implicit rate, the Company uses its incremental borrowing rate based on the information available at commencement date in determining the present value of future payments. The operating lease ROU asset also includes any lease payments made and excludes lease incentives and initial direct costs incurred. The Company’s lease terms may include options to extend or terminate the lease when it is reasonably certain that the Company will exercise that option. Lease expense for minimum lease payments is recognized on a straight-line basis over the lease term.
Earnings Per Share	Earnings Per Share The Company computes earnings per share (“EPS”) in accordance with ASC Topic 260 (“ASC 260”), Earnings per Share . ASC 260 requires companies with complex capital structures to present basic and diluted EPS. Basic EPS is measured as net income divided by the weighted average common shares outstanding for the period. Diluted EPS is similar to basic EPS but presents the dilutive effect on a per share basis of potential common shares (e.g., convertible securities, options and warrants) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential common shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS. There is no anti-dilutive effect for the years ended December 31, 2020 and 2019.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company follows the provisions of FASB ASC 820, Fair Value Measurements and Disclosures . ASC 820 clarifies the definition of fair value, prescribes methods for measuring fair value, and establishes a fair value hierarchy to classify the inputs used in measuring fair value as follows: • Level 1 - Inputs are unadjusted quoted prices in active markets for identical assets or liabilities available at the measurement date. • Level 2 - Inputs are unadjusted quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, inputs other than quoted prices that are observable, and inputs derived from or corroborated by observable market data. • Level 3 - Inputs are unobservable inputs which reflect the reporting entity’s own assumptions about what assumptions market participants would use in pricing the asset or liability based on the best available information. Any transfers of assets or liabilities between Level 1, Level 2, and Level 3 of the fair value hierarchy will be recognized at the end of the reporting period in which the transfer occurs. There were no transfers between fair value levels in any of the periods presented herein. The carrying amounts reported in the balance sheets for cash, accounts receivable, advances to suppliers, other current assets, accounts payable, bank overdraft, income tax payable, current portion of long-term debt, current portion of obligations under finance and operating leases, and accrued expenses and other liabilities approximate their fair value based on the short-term maturity of these instruments.
Derivative Financial Instrument	Derivative Financial Instrument In accordance with the guidance in ASC Topic 815 ("ASC 815"), Derivatives and Hedging, d
Concentrations and Credit Risk	Concentrations and Credit Risk Credit risk Accounts receivable are typically unsecured and derived from revenue earned from customers, and thereby exposed to credit risk. The risk is mitigated by the Company’s assessment of its customers’ creditworthiness and its ongoing monitoring of outstanding balances. Concentration risk There were no receivables from any one customer representing more than 10% of the Company’s consolidated gross accounts receivable at December 31, 2020 and 2019. For the years ended December 31, 2020 and 2019, no supplier accounted for more than 10% of the total cost of revenue. As of December 31, 2020, two suppliers accounted for 22% and 18% of total advance payments outstanding and one suppliers accounted for 96% of advance payments to related parties, respectively. As of December 31, 2019, two suppliers accounted for 34% and 15% of total advance payments outstanding and these two suppliers accounted for 70% and 30% of advance payments to related parties, respectively.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In June 2016, the FASB issued ASU 2016-13 (“ASU 2016-13”), Measurement of Credit Losses on Financial Instruments (Topic 326): Measurement of Credit Losses on Financial Instruments” . ASU 2016-13 requires companies to measure credit losses utilizing a methodology that reflects expected credit losses and requires a consideration of a broader range of reasonable and supportable information to inform credit loss estimates. ASU 2016-13 was further amended in November 2019 in “Codification Improvements to Topic 326, Financial Instruments-Credit losses”. This guidance is effective for fiscal years beginning after December 15, 2019, including those interim periods within those fiscal years. For emerging growth companies, the effective date has been extended to fiscal years beginning after December 31, 2022. The Company will adopt this ASU within the annual reporting period of December 31, 2023. The Company is currently assessing the impact of adopting this standard, but based upon its preliminary assessment, does not expect the adoption of this guidance to have a material impact on its consolidated financial statements. In December 2019, the FASB issued ASU 2019-12 (“ASU 2019-12”), Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes , which is intended to simplify various aspects related to managerial accounting for income taxes. ASU 2019-12 removes certain exceptions to the general principles in ASC 740 and also clarifies and amends existing guidance to improve consistent application. This guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020, with early adoption permitted. The Company will adopt this ASU within the annual reporting period of December 31, 2021. The Company is currently assessing the impact of adopting this standard, but based on its preliminary assessment, does not expect the adoption of this guidance to have a material impact on its consolidated financial statements.

ORGANIZATION AND BUSINESS DES_2

ORGANIZATION AND BUSINESS DESCRIPTION (Tables)	12 Months Ended
	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Business Acquisitions, by Acquisition	The following table summarizes the entities under HF Foods Group Inc. after the above-mentioned reorganization, together with new entities formed after the Atlantic Transactions as described below: Name Date of formation / Place of formation / Percentage Principal activities Parent: HF Holding October 11, 2017 North Carolina, USA 100% Holding Company Subsidiaries: Han Feng January 14, 1997 North Carolina, USA 100% Foodservice distributor TT August 6, 2002 North Carolina, USA 100% Logistic service provider MFD April 15, 1999 North Carolina, USA 100% Logistic service provider R&N Holdings November 21, 2002 North Carolina, USA 100% Real estate holding company R&N Lexington May 27, 2010 North Carolina, USA 100% Real estate holding company R&N Charlotte, LLC July 10, 2019 North Carolina, USA 100% Real estate holding company Kirnsway May 24, 2006 North Carolina, USA 100% Design and printing services provider Chinesetg July 12, 2011 New York, USA 100% Design and printing services provider NSF December 17, 2008 Florida, USA 100% Foodservice distributor BB September 12, 2001 Florida, USA 100% Logistic service provider Kirnland April 11, 2006 Georgia, USA 66.7% Foodservice distributor HG Realty May 11, 2012 Georgia, USA 100% Real estate holding company HF Foods Industrial, L.L.C. ("HF Foods Industrial") December 10, 2019 North Carolina, USA 60.0% Food processing company 273 Fifth Avenue, L.L.C. ("273 Co") October 10, 2020 Delaware, USA 100% Real estate lease holding company Name Date of formation / Place of formation / Percentage of legal Principal activities Parent: B&R Global January 3, 2014 Delaware, USA — Holding Company Subsidiaries: Rongcheng Trading, LLC (“RC”) January 31, 2006 California, USA 100% Foodservice distributor Capital Trading, LLC (“UT”) March 10, 2003 Utah, USA 100% Foodservice distributor Win Woo Trading, LLC (‘WW”) January 23, 2004 California, USA 100% Foodservice distributor Mountain Food, LLC (“MF”) May 2, 2006 Colorado, USA 100% Foodservice distributor R & C Trading L.L.C. (“RNC”) November 26, 2007 Arizona, USA 100% Foodservice distributor Great Wall Seafood LA, LLC (“GW”) March 7, 2014 California, USA 100% Foodservice distributor B&L Trading, LLC (“BNL”) July 18, 2013 Washington, USA 100% Foodservice distributor Min Food, Inc. (“MIN”) May 29, 2014 California, USA 60.25% Foodservice distributor B&R Group Logistics Holding, LLC (“BRGL”) July 17, 2014 Delaware, USA 100% Logistic service provider Ocean West Food Services, LLC (“OW”) December 22, 2011 California, USA 67.5% Foodservice distributor Monterey Food Service, LLC (“MS”) September 14, 2017 California, USA 65% Foodservice distributor Irwindale Poultry, LLC (“IP”) December 27, 2017 California, USA 100% Poultry processing company Best Choice Trucking, LLC (“BCT”) January 1, 2011 California, USA 100% Logistic service provider KYL Group, Inc. (“KYL”) April 18, 2014 Nevada, USA 100% Logistic service provider American Fortune Foods Inc. (“AF”) February 19, 2014 California, USA 100% Logistic and import service provider Happy FM Group, Inc. (“HFM”) April 9, 2014 California, USA 100% Logistic service provider GM Food Supplies, Inc. (“GM”) March 22, 2016 California, USA 100% Logistic service provider Lin’s Distribution, Inc., Inc. (“LIN”) February 2, 2010 Utah, USA 100% Logistic service provider Lin’s Farms, LLC (“LNF”) July 2, 2014 Utah, USA 100% Poultry processing company New Berry Trading, LLC (“NBT”) September 5, 2012 California, USA 100% Logistic service provider Hayward Trucking, Inc. (“HRT”) September 5, 2012 California, USA 100% Logistic service provider Fuso Trucking Corp. (“FUSO”) January 20, 2015 California, USA VIE* Logistic service provider Yi Z Service LLC (“YZ”) October 2, 2017 California, USA 100% Logistic service provider Golden Well Inc. (“GWT”) November 8, 2011 California, USA 100% Logistic service provider Kami Trading Inc. (“KAMI”) November 20, 2013 California, USA 100% Import service provider Royal Trucking Services, Inc. (“RTS”) May 19, 2015 Washington, USA 100% Logistic service provider Royal Service Inc. (“RS”) December 29, 2014 Oregon, USA 100% Logistic service provider MF Food Services Inc. (“MFS”) December 21, 2017 California, USA 100% Logistic service provider * At the acquisition date and as of December 31, 2020, B&R Global consolidates FUSO, which is considered as a variable interest entity (“VIE”) under U.S. GAAP, due to its pecuniary and contractual interest in this entity as a result of the funding arrangements outlined in the entity. The following table summarizes B&R Global’s additional wholly owned subsidiaries as a result of the Realty Acquisition: Name Date of formation / Place of formation / Percentage of legal Principal activities A & Kie, LLC ("AK") March 26, 2010 Arizona, USA 100% Real estate holding company B & R Realty, LLC ("BRR") August 28, 2013 California, USA 100% Real estate holding company Big Sea Realty, LLC ("BSR") April 3, 2013 Washington, USA 100% Real estate holding company Fortune Liberty, LLC ("FL") November 22, 2006 Utah, USA 100% Real estate holding company Genstar Realty, LLC ("GSR") February 27, 2012 California, USA 100% Real estate holding company Hardin St Properties, LLC ("HP") December 5, 2012 Montana, USA 100% Real estate holding company Lenfa Food, LLC ("LF") February 14, 2002 Colorado, USA 100% Real estate holding company Lucky Realty, LLC ("LR") September 3, 2003 California, USA 100% Real estate holding company Murray Properties, LLC ("MP") February 27, 2013 Utah, USA 100% Real estate holding company

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Schedule of Variable Interest Entities	The carrying amounts of the assets, liabilities, the results of operations and cash flows of the VIE is included in the Company’s consolidated balance sheets, statements of income (loss) and statements of cash flows are as follows: December 31, 2020 December 31, 2019 Current assets $ 47,822 $ 158,184 Non-current assets 115,934 301,803 Total assets $ 163,756 $ 459,987 Current liabilities $ 496,234 $ 805,666 Non-current liabilities 39,475 69,321 Total liabilities $ 535,709 $ 874,987 For the year ended December 31 2020 2019 Net revenue $ 2,020,416 $ 420,163 Net income $ 43,046 $ 68,449 For the year ended December 31 2020 2019 Net cash provided by operating activities $ 246,153 $ 201,885 Net cash used in financing activities (265,004) (207,159) Net decrease in cash and cash equivalents $ (18,851) $ (5,274)
Redeemable Noncontrolling Interest	As of December 31, 2020 and 2019, noncontrolling interest equity consisted of the following: Name of Entity Percentage of December 31, 2020 December 31, 2019 Kirnland 33.33 % $ 1,384,780 $ 1,292,623 MIN 39.75 % 889,596 896,980 MS 35.00 % 459,816 459,126 OW 32.50 % 1,633,355 1,600,058 Total $ 4,367,547 $ 4,248,787
Useful Lives of Property, Plant, and Equipment	Following are the estimated useful lives of the Company’s property and equipment: Estimated useful lives (years) Automobiles 3 — 7 Buildings and improvements 7 — 39 Furniture and fixtures 4 — 10 Machinery and equipment 3 — 10
Schedule of Finite-lived Intangible Assets, Useful Life	The estimated useful lives of intangible assets are as follows: Estimated useful lives (years) Tradenames 10 Customer relationships 20
Disaggregation of Revenue	The following table summarizes disaggregated revenue from contracts with customers by geographic locations: For the Years Ended December 31, December 31, Arizona $ 34,952,390 $ 7,196,217 California 192,998,208 54,877,209 Colorado 34,908,440 6,658,931 Florida 65,415,191 91,173,814 Georgia 46,985,078 65,173,052 North Carolina 108,954,235 145,756,172 Utah 52,458,685 8,249,684 Washington 30,158,848 9,077,202 Total $ 566,831,075 $ 388,162,281

ACCOUNTS RECEIVABLE, NET (Table

ACCOUNTS RECEIVABLE, NET (Tables)	12 Months Ended
	Dec. 31, 2020
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	Accounts receivable, net consisted of the following: As of December 31, As of December 31, Accounts receivable $ 25,761,394 $ 50,651,104 Less: allowance for doubtful accounts (909,182) (623,970) Accounts receivable, net $ 24,852,212 $ 50,027,134
Financing Receivable, Allowance for Credit Loss	Movement of allowance for doubtful accounts is as follows: For the Years Ended December 31, December 31, Beginning balance $ 623,970 $ 658,104 Provision for doubtful accounts 1,337,820 (4,515) Less: write off/recovery (1,052,608) (29,619) Ending balance $ 909,182 $ 623,970

LONG TERM INVESTMENTS (Tables)

LONG TERM INVESTMENTS (Tables)	12 Months Ended
	Dec. 31, 2020
Equity Method Investments and Joint Ventures [Abstract]
Long Term Investments	Long term investments consisted of the following: Ownership as of December 31, As of December 31, 2020 As of December 31, 2019 Asahi Food, Inc. 49% $ 577,164 $ 496,276 Pt. Tamron Akuatik Produk Industri 12% 1,800,000 1,800,000 Long term investments $ 2,377,164 $ 2,296,276

PROPERTY AND EQUIPMENT, NET (Ta

PROPERTY AND EQUIPMENT, NET (Tables)	12 Months Ended
	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	Property and equipment, net consisted of the following: As of December 31, As of December 31, Automobiles $ 24,544,094 $ 24,340,652 Building 71,285,127 17,721,292 Building improvements 9,807,234 9,079,737 Furniture and fixtures 223,996 220,169 Land 52,125,900 3,391,858 Machinery and equipment 13,498,211 11,414,764 Subtotal 171,484,562 66,168,472 Less: accumulated depreciation (34,615,477) (28,630,325) Property and equipment, net $ 136,869,085 $ 37,538,147

BUSINESS COMBINATION WITH B&R_2

BUSINESS COMBINATION WITH B&R GLOBAL (Tables)	12 Months Ended
	Dec. 31, 2020
Business Acquisition [Line Items]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table presents the estimated fair value of the assets acquired and liabilities assumed at the date of acquisition: Cash $ 7,017,467 Accounts receivable, net 30,934,831 Accounts receivable - related parties, net 3,393,930 Inventories, net 56,451,885 Other current assets 2,332,063 Other current assets - related parties 498,211 Advances to suppliers, net 97,964 Property and equipment, net 11,042,601 Deposit 281,282 Deposit – related parties 591,380 Long-term investments 2,289,389 Right-of-use assets 17,791,681 TANGIBLE ASSETS ACQUIRED 132,722,684 Line of credit 35,567,911 Accounts payable 24,884,247 Accounts payable - related parties 1,528,139 Bank overdraft 12,082,094 Accrued expenses 778,779 Other payables 185,938 Other payables – related party 733,448 Customer deposits 38,510 Long-term debt 3,284,159 Lease liabilities 17,791,680 Deferred tax liabilities arising from acquired intangible assets 51,413,633 TANGIBLE LIABILITIES ASSUMED 148,288,538 NET TANGIBLE LIABILITIES ASSUMED (15,565,854) Identifiable intangible assets 188,503,000 Goodwill 406,703,348 INTANGIBLE ASSETS ACQUIRED 595,206,348 Noncontrolling interests 2,941,000 Total consideration $ 576,699,494
Business Acquisition, Pro Forma Information	The following table presents the Company’s unaudited pro forma results for the year ended December 31, 2019, as if the B&R Global Acquisition had occurred on January 1, 2019. The unaudited pro forma financial information presented includes the effects of adjustments related to the amortization of acquired intangible assets, and excludes other non-recurring transaction costs directly associated with the acquisition such as legal and other professional service fees. Statutory rates were used to calculate income taxes. For the Year Ended December 31, 2019 Pro forma net revenue $ 828,045,703 Pro forma net income 6,799,694 (1) Pro forma net income attributable to HF Group 5,662,499 (1) Pro forma earnings per common share - basic and diluted $ 0.11 Pro forma weighted average shares - basic and diluted 53,293,566 (1) Includes intangibles asset amortization expense of $10,890,300 for the year ended December 31, 2019.

ACQUISITION OF B&R REALTY SUB_2

ACQUISITION OF B&R REALTY SUBSIDIARIES (Tables)	12 Months Ended
	Dec. 31, 2020
Business Acquisition [Line Items]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table presents the estimated fair value of the assets acquired and liabilities assumed at the date of acquisition: Cash $ 7,017,467 Accounts receivable, net 30,934,831 Accounts receivable - related parties, net 3,393,930 Inventories, net 56,451,885 Other current assets 2,332,063 Other current assets - related parties 498,211 Advances to suppliers, net 97,964 Property and equipment, net 11,042,601 Deposit 281,282 Deposit – related parties 591,380 Long-term investments 2,289,389 Right-of-use assets 17,791,681 TANGIBLE ASSETS ACQUIRED 132,722,684 Line of credit 35,567,911 Accounts payable 24,884,247 Accounts payable - related parties 1,528,139 Bank overdraft 12,082,094 Accrued expenses 778,779 Other payables 185,938 Other payables – related party 733,448 Customer deposits 38,510 Long-term debt 3,284,159 Lease liabilities 17,791,680 Deferred tax liabilities arising from acquired intangible assets 51,413,633 TANGIBLE LIABILITIES ASSUMED 148,288,538 NET TANGIBLE LIABILITIES ASSUMED (15,565,854) Identifiable intangible assets 188,503,000 Goodwill 406,703,348 INTANGIBLE ASSETS ACQUIRED 595,206,348 Noncontrolling interests 2,941,000 Total consideration $ 576,699,494
B & R Realty, LLC ("BRR")
Business Acquisition [Line Items]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table presents the estimated fair value of the assets acquired and liabilities assumed at the date of acquisition: Cash $ 265,639 Automobile 33,690 Prepaids 39,193 Land 48,734,042 Buildings 53,563,835 Total assets acquired 102,636,399 Accounts payable and Accrued Expenses 1,366,693 Total liabilities assumed 1,366,693 Net assets acquired $ 101,269,706

GOODWILL_AND_ACQUIRED INTANGI_2

GOODWILL AND ACQUIRED INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The changes in HF Group’s carrying amount of goodwill by segment are presented below: HF B&R Global Total Balance at December 31, 2019 $ — $ 406,703,348 $ 406,703,348 Impairment Loss — (338,191,407) (338,191,407) Balance at December 31, 2020 $ — $ 68,511,941 $ 68,511,941
Schedule of Finite-Lived Intangible Assets	The components of the intangible assets are as follows: As of December 31, 2020 As of December 31, 2019 Gross Accumulated Net Gross Accumulated Net Tradenames $ 29,303,000 $ (3,418,683) $ 25,884,317 $ 29,303,000 $ (488,383) $ 28,814,617 Customer relationships 159,200,000 (9,286,667) 149,913,333 159,200,000 (1,326,667) 157,873,333 Total $ 188,503,000 $ (12,705,350) $ 175,797,650 $ 188,503,000 $ (1,815,050) $ 186,687,950
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	Estimated future amortization expense for intangible assets is presented below: Twelve months ending December 31, Amount 2021 $ 10,890,300 2022 10,890,300 2023 10,890,300 2024 10,890,300 2025 10,890,300 Thereafter 121,346,150 Total $ 175,797,650

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	Long-term debt at December 31, 2020 and 2019 is as follows: Bank name Maturity Interest rate at December 31, As of December 31, As of December 31, Bank of America – (a) April 2021 - December 2029 3.73% ‑ 5.51% $ 5,905,472 $ 4,263,663 BMO Harris Bank N.A. – (b) April 2022 - January 2024 5.87% ‑ 5.99% 280,164 508,564 East West Bank – (c) August 2027 - September 2029 3.83% ‑ 4.25% 6,802,271 6,989,016 First Horizon Bank – (d) October 2027 3.85% 4,773,378 4,967,075 J.P. Morgan Chase – (e) February 2023 - January 2030 2.02% ‑ 2.15% 74,687,806 2,702,371 Peoples United Bank – (b) December 2022 - January 2023 6.69% ‑ 7.53% 725,282 1,114,993 Other finance institutions – (b) March 2021 - March 2024 3.90% ‑ 6.14% 475,689 716,315 Total debt 93,650,062 21,261,997 Less: current portion (5,641,259) (2,726,981) Long-term debt $ 88,008,803 $ 18,535,016 The terms of the various loan agreements related to long-term bank borrowings require the Company to comply with certain financial covenants. As of December 31, 2020, the Company was in compliance. As of December 31, 2019, the Company was in violation of one covenant and a waiver was obtained from Bank of America for the covenant violation. The loans outstanding were guaranteed by the following properties, entities or individuals, or otherwise secured as shown: (a) Guaranteed by two subsidiaries of the Company, NSF and BB, and also secured by real property, equipment and fixtures, inventories, receivables and all other personal property owned by NSF. Balloon payment for this long-term debt is $1,382,046. (b) Secured by vehicles. (c) Guaranteed by five subsidiaries of the Company, Han Feng, TT, MFD, R&N Holdings and R&N Lexingto n, in part by one shareholder and spouse, and also secured by assets of Han Feng and R&N Lexington and R&N Holdings, two real properties of R&N Holdings, and a parcel of real property owned by R&N Lexington. Balloon payment of $2,293,751 is due in 2027 and another balloon payments of $3,007,239 is due in 2029. (d) Guaranteed by one shareholder and spouse, as well as Han Feng. Also secured by a real property owned by HG Realty. Balloon payment for this debt is $3,116,687. (e) Real estate term loan with a principal balance of $72,761,598 as of December 31, 2020 is secured by assets held by nine subsidiaries of the Company, AK, BRR, BSR, FL, GSR, HP, LF, LR, and MP. Equipment term loan with a principal balance of $1,926,208 as of December 31, 2020 is secured by specific vehicles and equipment as defined in loan agreements.
Schedule of Maturities of Long-term Debt	The future maturities of long-term debt as of December 31, 2020 are as follows: Twelve months ending December 31, Amount 2021 $ 5,641,259 2022 5,347,017 2023 4,260,965 2024 3,706,449 2025 3,711,793 Thereafter 70,982,579 Total $ 93,650,062

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Dec. 31, 2020
Leases [Abstract]
Operating Leases	The components of lease expense were as follows: For the Year Ended December 31, December 31, Operating lease cost $ 1,326,746 $ 1,601,678 Weighted Average Remaining Lease Term (Months) Operating leases 39 51 Weighted Average Discount Rate Operating leases 4.0 % 4.0 % The components of lease expense were as follows: For the Year Ended December 31, December 31, Finance leases cost: Amortization of right-of-use assets $ 538,188 $ 571,130 Interest on lease liabilities 94,093 110,274 Total finance leases cost $ 632,281 $ 681,404
Finance Leases	The components of lease expense were as follows: For the Year Ended December 31, December 31, Operating lease cost $ 1,326,746 $ 1,601,678 Weighted Average Remaining Lease Term (Months) Operating leases 39 51 Weighted Average Discount Rate Operating leases 4.0 % 4.0 % The components of lease expense were as follows: For the Year Ended December 31, December 31, Finance leases cost: Amortization of right-of-use assets $ 538,188 $ 571,130 Interest on lease liabilities 94,093 110,274 Total finance leases cost $ 632,281 $ 681,404
Operating and Finance Leases, Supplemental Cash Flow Information	Supplemental cash flow information related to finance leases was as follows: For the Year Ended December 31, December 31, Operating cash flows from finance leases $ 94,093 $ 110,274
Operating and Finance Leases, Supplemental Balance Sheet Information	Supplemental balance sheet information related to leases was as follows: December 31, December 31, Finance Leases Property and equipment, at cost $ 2,793,731 $ 2,793,731 Accumulated depreciation (1,831,318) (1,293,130) Property and equipment, net $ 962,413 $ 1,500,601 Weighted Average Remaining Lease Term (Months) Finance leases 43 54 Weighted Average Discount Rate Finance leases 7.56 % 7.51 %
Schedule of Operating Lease Maturities	Maturities of lease liabilities were as follows: Twelve months ending December 31, Operating Finance 2021 $ 382,047 $ 359,635 2022 336,103 322,456 2023 219,584 312,605 2024 85,797 215,364 2025 66,731 — Total Lease Payments 1,090,262 1,210,060 Less Imputed Interest (158,632) (156,272) Total $ 931,630 $ 1,053,788
Schedule of Finance Lease Maturities	Maturities of lease liabilities were as follows: Twelve months ending December 31, Operating Finance 2021 $ 382,047 $ 359,635 2022 336,103 322,456 2023 219,584 312,605 2024 85,797 215,364 2025 66,731 — Total Lease Payments 1,090,262 1,210,060 Less Imputed Interest (158,632) (156,272) Total $ 931,630 $ 1,053,788

SUPPLEMENTAL CASH FLOWS INFOR_2

SUPPLEMENTAL CASH FLOWS INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2020
Supplemental Cash Flow Elements [Abstract]
Schedule of Cash Flow, Supplemental Disclosures	Supplemental cash flow disclosures and noncash investing and financing activities are as follows: For the Years Ended December 31, December 31, Supplemental disclosure of cash flow data: Cash paid for interest $ 4,123,832 $ 1,520,545 Cash paid for income taxes $ 804,147 $ 2,677,205 Supplemental disclosure of non-cash investing and financing activities Right of use assets obtained in exchange for operating lease liabilities $ 331,239 $ 767,323 Property and equipment obtained in exchange for finance lease liabilities $ — $ 1,432,662 Property and equipment purchases from notes payable $ 2,528,554 $ 1,080,153 Notes receivable sold to shareholder in exchange of common stock $ — $ 12,038,030 Common Stock issued for consideration of acquisition of B&R Global $ — $ 576,699,494 Issuance of promissory note for the acquisition of B&R Realty Subsidiaries $ 7,000,000 $ —

TAXES (Tables)

TAXES (Tables)	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Federal Income Tax Note	The provision for income taxes of the Company for the years ended December 31, 2020 and 2019 consists of the following: For the Years Ended December 31, December 31, Current: Federal $ 1,138,966 $ 1,907,309 State (54,870) 540,488 Current income taxes 1,084,096 2,447,797 Deferred income taxes (benefit): Federal (2,916,501) (156,892) State (2,999,326) (93,813) Deferred income taxes (benefit) (5,915,827) (250,705) Total provision (benefit) for income taxes $ (4,831,731) $ 2,197,092
Schedule of Deferred Tax Assets and Liabilities	Temporary differences and carryforwards of the Company that created significant deferred tax assets and liabilities are as follows: As of December 31, As of December 31, Deferred tax assets: Allowance for doubtful accounts $ 443,151 $ 373,438 Inventories 481,016 594,628 Federal net operating loss 101,828 228,637 State net operating loss 257,490 80,514 Fair value change in interest rate swap contracts 244,622 — Accrued expenses 268,813 80,100 Total deferred tax assets 1,796,920 1,357,317 Deferred tax liabilities: Property and equipment (2,660,874) (3,270,536) Intangibles assets (45,461,272) (50,327,833) Total deferred tax liabilities (48,122,146) (53,598,369) Net deferred tax liabilities $ (46,325,226) $ (52,241,052) The net deferred tax liabilities presented in the Company's Consolidated Balance Sheets were as follows: As of December 31, As of December 31, Deferred tax assets $ 57,478 $ 78,993 Deferred tax liabilities (46,382,704) (52,320,045) Net deferred tax liabilities $ (46,325,226) $ (52,241,052)
Schedule of Effective Income Tax Rate Reconciliation	Reconciliations of the statutory income tax rate to the effective income tax rate are as follows: For the Years Ended December 31, December 31, Federal statutory tax rate 21.0 % 21.0 % State statutory tax rate 0.7 % 4.0 % Impact of goodwill impairment loss – permanent difference (20.5) % 1.0 % Other 0.2 % 1.2 % Effective tax rate 1.4 % 27.2 %

RELATED PARTY TRANSACTION (Tabl

RELATED PARTY TRANSACTION (Tables)	12 Months Ended
	Dec. 31, 2020
Related Party Transactions [Abstract]
Schedule of Purchases With Related Parties	Below is a summary of purchases of goods and services from related parties recorded for the year ended December 31, 2020 and 2019, respectively: For the Years Ended Name of Related Party December 31, December 31, (a) Allstate Trading Company, Inc. $ 308,865 $ 111,213 (b) Best Food Services, LLC 5,829,680 2,136,388 (c) Eagle Food Service, LLC 100,892 232,566 (d) Eastern Fresh NJ, LLC 4,508,507 6,678,704 (e) Enson Group, Inc. (formerly "Enson Group, LLC") 142,711 174,711 (f) Enson Seafood GA, Inc. (formerly “GA-GW Seafood, Inc.”) — 181,985 (g) First Choice Seafood, Inc. 454,606 2,092,599 (h) Fujian RongFeng Plastic Co., Ltd 3,617,121 6,207,379 (i) Hanfeng (Fujian) Information Technology Co., Ltd. 997,395 3,032,984 (j) Hanfeng Information Technology (Jinhua), Inc. 1,134,620 — (k) N&F Logistics, Inc. 368,529 1,428,294 (l) North Carolina Good Taste Noodle, Inc. — 4,607,652 (m) Ocean Pacific Seafood Group, Inc. 567,836 598,286 (n) Revolution Industry, LLC 2,362,131 2,822,561 (o) UGO USA, Inc. 644,410 724,486 (p) Union Foods, LLC 1,246,720 9,003,455 (q) Winfar Foods, Inc. 622,417 — Others 84,965 354,737 Total $ 22,991,405 $ 40,388,000 (a) Mr. Zhou Min Ni owns 40% equity interest in this entity. (b) Mr. Xiao Mou Zhang previously owns 10.38% equity interest in this entity indirectly through its parent company as of 10/31/2020. Mr. Zhang's children owns 10.38% equity interest in this entity indirectly from 11/1/2020. (c) Tina Ni, one of Mr. Zhou Min Ni’s family members, owns 26.5% equity interest in this entity indirectly through its parent company. (d) Mr. Zhou Min Ni owns 30% equity interest in this entity. (e) Mr. Zhou Min Ni owns 25% equity interest in this entity. (f) Mr. Zhou Min Ni owns 50% equity interest in this entity. (g) Mr. Zhou Min Ni owns 25% equity interest in this entity indirectly through its parent company. (h) Mr. Zhou Min Ni owns 40% equity interest in this entity indirectly through its parent company. (i) Mr. Zhou Min Ni owns 100% equity interest in this entity. (j) Mr. Zhou Min Ni owns 37% equity interest in this entity. (k) Mr. Zhou Min Ni owns 25% equity interest in this entity. (l) Mr. Jian Ming Ni, former Chief Financial Officer owns 29% equity interest in this entity. Mr. Zhou Min Ni previously owned 37.34% equity in this entity as of 12/31/2019. We have been told that Mr Ni's equity interest was disposed of on 1/1/2020. For comparison purpose, the total purchase in year 2020 was $3,986,069. (m) Mr. Zhou Min Ni owns 26% equity interest in this entity. (n) Raymond Ni, one of Mr. Zhou Min Ni’s family members, owns 100% equity interest in this entity. On 2/25/2021, Han Feng executed an asset purchase agreement to acquire the machinery and equipment from Revolution Industry, LLC. Going forward, Han Feng takes the egg roll production business in house and ceases vendor relationship with Revolution Industry, LLC. See Footnote 19 Subsequent Events for additional Information. (o) Mr. Zhou Min Ni owns 30% equity interest in this entity. (p) Tina Ni, one of Mr. Zhou Min Ni’s family members, owns 30% equity interest in this entity. Anthony Zhang, one of Mr. Xiao Mou Zhang's family member, owns 10% of equity interest in this entity. (q) Mr. Xiao Mou Zhang owns 5.2% equity interest in this entity indirectly through its parent company.
Schedule of Revenue With Related Parties	Below is a summary of sales to related parties recorded for the year ended December 31, 2020 and 2019, respectively: For the Years Ended Name of Related Party December 31, December 31, (a) ABC Food Trading, LLC $ 1,870,728 $ 416,392 (b) Asahi Food, Inc. 465,069 70,700 (c) Best Food Services, LLC 336,800 — (d) Eagle Food Service, LLC 4,604,894 7,172,063 (e) Eastern Fresh NJ, LLC 1,602,479 4,470,618 (f) Enson Group, Inc. (formerly "Enson Group, LLC") 307,585 635,078 (g) Enson Philadelphia, Inc. 125,684 142,193 (h) Enson Seafood GA, Inc. (formerly “GA-GW Seafood, Inc.”) 492,679 1,481,776 (i) First Choice Seafood, Inc. 1,378,207 — (j) Fortune One Foods, Inc. 310,635 787,700 (k) Heng Feng Food Services, Inc. 668,844 1,601,546 (l) N&F Logistics, Inc. 1,027,427 2,364,820 (m) The Big Catch Alhambra, LLC 57,048 60,842 (n) UGO USA, Inc. 66,448 75,393 Others 108,020 73,295 Total $ 13,422,547 $ 19,352,416 (a) Mr. Xiao Mou Zhang previously owns 10.38% equity interest in this entity indirectly through its parent company as of 10/31/2020. Mr. Zhang's children owns 10.38% equity interest in this entity indirectly from 11/1/2020. (b) The Company, through its subsidiary MF, owns 49% equity interest in this entity. (c) Mr. Xiao Mou Zhang previously owns 10.38% equity interest in this entity indirectly through its parent company as of 10/31/2020. Mr. Zhang's children owns 10.38% equity interest in this entity indirectly from 11/1/2020. (d) Tina Ni, one of Mr. Zhou Min Ni’s family members, owns 26.5% equity interest in this entity indirectly through its parent company. (e) Mr. Zhou Min Ni owns 30% equity interest in this entity. (f) Mr. Zhou Min Ni owns 25% equity interest in this entity. (g) Mr. Zhou Min Ni owns 23.33% equity interest in this entity. (h) Mr. Zhou Min Ni owns 50% equity interest in this entity. (i) Mr. Zhou Min Ni owns 25% equity interest in this entity indirectly through its parent company. (j) Mr. Zhou Min Ni owns 17.5% equity interest in this entity indirectly through its parent company. (k) Mr. Zhou Min Ni owns 45% equity interest in this entity. (l) Mr. Zhou Min Ni owns 25% equity interest in this entity. (m) Mr. Xiao Mou Zhang owns 10% equity interest in this entity. (n) Mr. Zhou Min Ni owns 30% equity interest in this entity.
Schedule of Accounts Receivable - related parties, net	Below is a summary of accounts receivable with related parties recorded as of December 31, 2020 and 2019, respectively: Name of Related Party As of December 31, As of December 31, (a) ABC Food Trading, LLC $ 18,816 $ 238,513 (b) Asahi Food, Inc. 68,766 34,265 (c) Eagle Food Service, LLC 697,538 979,591 (d) Eastern Fresh NJ, LLC — 1,511,075 (e) Enson Group, Inc. (formerly "Enson Group, LLC") — 341,200 (f) Enson Seafood GA, Inc. (formerly “GA-GW Seafood, Inc.”) 325,596 348,833 (g) Fortune One Foods, Inc. 36,250 53,862 (h) Heng Feng Food Services, Inc. — 477,541 (i) N&F Logistics, Inc. 113,247 119,241 (j) The Big Catch Alhambra, LLC 2,292 89,249 Others 4,068 9,500 Total $ 1,266,573 $ 4,202,870 (a) Mr. Xiao Mou Zhang previously owns 10.38% equity interest in this entity indirectly through its parent company as of 10/31/2020. Mr. Zhang's children owns 10.38% equity interest in this entity indirectly from 11/1/2020. (b) The Company, through its subsidiary MF, owns 49% equity interest in this entity. (c) Tina Ni, one of Mr. Zhou Min Ni’s family members, owns 26.5% equity interest in this entity indirectly through its parent company. (d) Mr. Zhou Min Ni owns 30% equity interest in this entity. (e) Mr. Zhou Min Ni owns 25% equity interest in this entity. (f) Mr. Zhou Min Ni owns 50% equity interest in this entity. (g) Mr. Zhou Min Ni owns 17.5% equity interest in this entity indirectly through its parent company. (h) Mr. Zhou Min Ni owns 45% equity interest in this entity. (i) Mr. Zhou Min Ni owns 25% equity interest in this entity. (j) Mr. Xiao Mou Zhang owns 10% equity interest in this entity.
Schedule of Accounts Payable With Related Parties	All the accounts payable to related parties are payable upon demand without interest. Below is a summary of accounts payable with related parties recorded as of December 31, 2020 and 2019, respectively: Name of Related Party As of December 31, As of December 31, (a) Best Food Services, LLC $ 588,920 $ 987,487 (b) Eastern Fresh NJ, LLC 427,795 — (c) Fujian RongFeng Plastic Co., Ltd 69,429 1,684,192 (d) Hanfeng (Fujian) Information Technology Co., Ltd. 175,657 — (e) Hanfeng Information Technology (Jinhua), Inc. 107,258 166,971 (f) Heng Feng Food Services, Inc. 116,436 — (g) North Carolina Good Taste Noodle, Inc. — 992,353 (h) UGO USA, Inc. 211,003 340,087 (i) Union Foods, LLC — 248,901 Others 87,363 101,365 Total $ 1,783,861 $ 4,521,356 (a) Mr. Xiao Mou Zhang previously owns 10.38% equity interest in this entity indirectly through its parent company as of 10/31/2020. Mr. Zhang's children owns 10.38% equity interest in this entity indirectly from 11/1/2020. (b) Mr. Zhou Min Ni owns 30% equity interest in this entity. (c) Mr. Zhou Min Ni owns 40% equity interest in this entity indirectly through its parent company. (d) Mr. Zhou Min Ni owns 100% equity interest in this entity. (e) Mr. Zhou Min Ni owns 37% equity interest in this entity. (f) Mr. Zhou Min Ni owns 45% equity interest in this entity. (g) Mr. Jian Ming Ni, former Chief Financial Officer owns 29% equity interest in this entity. Mr. Zhou Min Ni previously owned 37.34% equity in this entity as of 12/31/2019. We have been told that Mr Ni's equity interest was disposed of on 1/1/2020. For comparison purpose, accounts payable as of 12/31/2020 is $554,156. (h) Mr. Zhou Min Ni owns 30% equity interest in this entity. (i) Tina Ni, one of Mr. Zhou Min Ni’s family members, owns 30% equity interest in this entity. Anthony Zhang, one of Mr. Xiao Mou Zhang's family member, owns 10% of equity interest in this entity.
Schedule of Advances to Suppliers With Related Parties	Below is a summary of advances to related party suppliers recorded as of December 31, 2020 and December 31, 2019, respectively: Name of Related Party As of December 31, As of December 31, (a) Ocean Pacific Seafood Group, Inc. $ 7,101 $ 223,303 (b) Revolution Industry, LLC 189,702 521,832 Total $ 196,803 $ 745,135 (a) Mr. Zhou Min Ni owns 26% equity interest in this entity.

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	12 Months Ended
	Dec. 31, 2020
Segment Reporting [Abstract]
Schedule of Revenue by Major Customers by Reporting Segments	The following table presents net sales by segment for the years ended December 31, 2020 and 2019, respectively: For the Year Ended December 31, 2020 December 31, 2019 Net revenue HF $ 221,354,504 $ 302,103,038 B&R Global 345,476,571 86,059,243 Total $ 566,831,075 $ 388,162,281
Revenue from External Customers by Geographic Areas	All the Company’s revenue was generated from its business operations in the U.S. For the Year Ended December 31, 2020 HF B&R Global Total Revenue $ 221,354,504 $ 345,476,571 $ 566,831,075 Cost of revenue 178,777,382 287,762,110 466,539,492 Gross profit 42,577,122 57,714,461 100,291,583 Depreciation and amortization 2,971,777 14,896,819 17,868,596 Cash capital expenditures 244,255 420,495 664,750 For the Year Ended December 31, 2019 HF B&R Global Total Revenue $ 302,103,038 $ 86,059,243 $ 388,162,281 Cost of revenue 252,078,738 72,875,020 324,953,758 Gross profit 50,024,300 13,184,223 63,208,523 Depreciation and amortization 5,487,027 1,267,481 6,754,508 Cash capital expenditures 4,681,404 154,525 4,835,929
Schedule Of Assets By Reporting Segments	The following table presents total assets by reportable segment as of December 31, 2020 and 2019, respectively: As of December 31, As of December 31, Total assets: HF $ 58,620,619 $ 80,514,529 B&R Global 425,664,464 722,329,265 Total Assets $ 484,285,083 $ 802,843,794

ORGANIZATION AND BUSINESS DES_3

ORGANIZATION AND BUSINESS DESCRIPTION - Narrative (Details)	Jan. 17, 2020USD ($)companywarehouse	Nov. 04, 2019USD ($)shares	Aug. 22, 2018shares	Dec. 31, 2020workerstatevehiclesubsidiaryrestaurantcenterdistributionCentershares	Dec. 31, 2019shares	Dec. 10, 2019	Jul. 10, 2019aft²	Jan. 01, 2018subsidiary
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Number of subsidiaries | subsidiary				11				11
Common stock, issued (in shares)			22,167,486	51,913,411	53,050,211
Common stock, outstanding (in shares)			22,167,486	51,913,411	52,145,096
Number of shares redeemed by pre-transaction shareholders (in shares)			400,000
Restricted shares issued, gross (in shares)			10,000
Stock issued to the pre-transaction stockholders (in shares)			2,587,655
Number of states in which entity operates | state				22
Number of distribution centers | distributionCenter				13
Number of states with distribution centers | state				8
Number of refrigerated vehicles | vehicle				300
Number of employees | worker				780
Number of restaurants served (over) | restaurant				10,000
R&N Charlotte, LLC ("R&N Charlotte")
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Area of land (acre) | a							4.66
Area of real estate property (square foot) | ft²							115,570
Percentage of legal ownership by HF Group				100.00%
HF Foods Industrial, L.L.C. ("HF Foods Industrial")
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group				60.00%		60.00%
CHINA
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Number of call centers | center				2
B & R
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Number of states in which entity operates | state				11
B & R
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Ownership percentage		100.00%
Equity interest issued in business acquisition (in shares)		30,700,000
Business combination, consideration transferred, total | $		$ 576,699,494
Number of restaurants | restaurant				5,000
B & R Realty, LLC ("BRR")
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Ownership percentage	100.00%
Business combination, consideration transferred, total | $	$ 101,269,706
Acquisition of subsidiary limited liability companies | company	9
Acquisition of warehouse facilities | warehouse	10
B & R Realty, LLC ("BRR") | Revolving Credit Facility
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Business combination, liabilities incurred | $	$ 18,700,000
B & R Realty, LLC ("BRR") | Mortgage-secured Term Loan
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Business combination, liabilities incurred | $	75,600,000
B & R Realty, LLC ("BRR") | Unsecured Subordinated Promissory Note
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Business combination, liabilities incurred | $	$ 7,000,000
HF Holding
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
New shares issued during period (in shares)			19,969,831
Aggregate issued and outstanding shares, percentage			88.50%
Remaining aggregate issued and outstanding shares, percentage			0.115

ORGANIZATION AND BUSINESS DES_4

ORGANIZATION AND BUSINESS DESCRIPTION - Schedule of Entities (Details)	Dec. 31, 2020	Dec. 10, 2019
Han Feng
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
TT
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
MFD
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
R&N Holdings
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
R&N Lexington
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
R&N Charlotte, LLC ("R&N Charlotte")
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
Kirnsway
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
Chinesetg
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
NSF
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
BB
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
Kirnland
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	66.70%
HG Realty
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
HF Foods Industrial, L.L.C. ("HF Foods Industrial")
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	60.00%	60.00%
273 Fifth Avenue, L.L.C. ("273 Co")
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
A & Kie, LLC ("AK")
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
B & R Realty, LLC ("BRR")
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
Big Sea Realty, LLC ("BSR")
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
Fortune Liberty, LLC ("FL")
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
Genstar Realty, LLC ("GSR")
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
Hardin St Properties, LLC ("HP")
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
Lenfa Food, LLC ("LF")
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
Lucky Realty, LLC ("LR")
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
Murray Properties, LLC ("MP")
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
B&R Global | Rongcheng Trading, LLC (“RC”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
B&R Global | Capital Trading, LLC (“UT”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
B&R Global | Win Woo Trading, LLC (‘WW”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
B&R Global | Mountain Food, LLC (“MF”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
B&R Global | R & C Trading L.L.C. (“RNC”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
B&R Global | Great Wall Seafood LA, LLC (“GW”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
B&R Global | B&L Trading, LLC (“BNL”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
B&R Global | Min Food, Inc. (“MIN”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	60.25%
B&R Global | B&R Group Logistics Holding, LLC (“BRGL”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
B&R Global | Ocean West Food Services, LLC (“OW”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	67.50%
B&R Global | Monterey Food Service, LLC (“MS”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	65.00%
B&R Global | Irwindale Poultry, LLC (“IP”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
B&R Global | Best Choice Trucking, LLC (“BCT”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
B&R Global | KYL Group, Inc. (“KYL”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
B&R Global | American Fortune Foods Inc. (“AF”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
B&R Global | Happy FM Group, Inc. (“HFM”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
B&R Global | GM Food Supplies, Inc. (“GM”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
B&R Global | Lin’s Distribution, Inc., Inc. (“LIN”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
B&R Global | Lin’s Farms, LLC (“LNF”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
B&R Global | New Berry Trading, LLC (“NBT”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
B&R Global | Hayward Trucking, Inc. (“HRT”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
B&R Global | Yi Z Service LLC (“YZ”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
B&R Global | Golden Well Inc. (“GWT”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
B&R Global | Kami Trading Inc. (“KAMI”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
B&R Global | Royal Trucking Services, Inc. (“RTS”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
B&R Global | Royal Service Inc. (“RS”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
B&R Global | MF Food Services Inc. (“MFS”)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%
HF Holding | HF Holding
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of legal ownership by HF Group	100.00%

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details)	12 Months Ended
	Dec. 31, 2020USD ($)suppliershares	Dec. 31, 2019USD ($)suppliershares	Dec. 31, 2018USD ($)	Jan. 17, 2020lease	Jan. 01, 2019USD ($)
Summary of Significant Accounting Policies [Line Items]
Cash equivalents at carrying value	$ 0	$ 0
Allowance for credit loss, current	909,182	623,970	$ 658,104
Inventory valuation reserves, ending balance	146,078	16,928
Other than temporary impairment	0	0
Impairment of long-lived assets held-for-use	0	0
Operating lease right-of-use assets	931,630	$ 17,155,584
Operating lease liabilities	$ 931,630
Antidilutive securities excluded from computation of earnings per share (in shares) | shares	0	0
Operating concentration risk (percentage)	10.00%	10.00%	10.00%
B & R Realty, LLC ("BRR")
Summary of Significant Accounting Policies [Line Items]
Number of leases terminated through acquisitions | lease				9
Cost of Goods and Service Benchmark | Advance Payments Outstanding
Summary of Significant Accounting Policies [Line Items]
Number of major suppliers | supplier	2	2
Cost of Goods and Service Benchmark | Advance Payments Outstanding | Supplier One
Summary of Significant Accounting Policies [Line Items]
Operating concentration risk (percentage)	22.00%	34.00%
Cost of Goods and Service Benchmark | Advance Payments Outstanding | Supplier Two
Summary of Significant Accounting Policies [Line Items]
Operating concentration risk (percentage)	18.00%	15.00%
Cost of Goods and Service Benchmark | Advance Payments to Related Parties
Summary of Significant Accounting Policies [Line Items]
Number of major suppliers | supplier	1	2
Cost of Goods and Service Benchmark | Advance Payments to Related Parties | Supplier One
Summary of Significant Accounting Policies [Line Items]
Operating concentration risk (percentage)	96.00%	70.00%
Cost of Goods and Service Benchmark | Advance Payments to Related Parties | Supplier Two
Summary of Significant Accounting Policies [Line Items]
Operating concentration risk (percentage)		30.00%
Accounting Standards Update 2016-02
Summary of Significant Accounting Policies [Line Items]
Operating lease right-of-use assets					$ 21,200,000
Operating lease liabilities					$ 21,200,000
Selling, General and Administrative Expenses
Summary of Significant Accounting Policies [Line Items]
Cost of goods and services sold	$ 6,813,693	$ 4,443,967

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Variable Interest Entities (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Variable Interest Entity [Line Items]
Current assets	$ 99,045,645	$ 151,419,617
Total assets	484,285,083	802,843,794
Current liabilities	76,701,776	110,445,754
Total liabilities	219,483,650	195,187,062
Net revenue	566,831,075	388,162,281
Net income	(342,680,799)	5,895,286
Net cash provided by operating activities	44,131,286	4,666,528
Net cash used in financing activities	45,322,727	1,607,239
Variable Interest Entity, Primary Beneficiary
Variable Interest Entity [Line Items]
Current assets	47,822	158,184
Non-current assets	115,934	301,803
Total assets	163,756	459,987
Current liabilities	496,234	805,666
Non-current liabilities	39,475	69,321
Total liabilities	535,709	874,987
Net revenue	2,020,416	420,163
Net income	43,046	68,449
Net cash provided by operating activities	246,153	201,885
Net cash used in financing activities	(265,004)	(207,159)
Net decrease in cash and cash equivalents	$ (18,851)	$ (5,274)

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Noncontrolling Interest (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Noncontrolling Interest [Line Items]
Noncontrolling interest	$ 4,367,547	$ 4,248,787
Kirnland
Noncontrolling Interest [Line Items]
Percentage of Ownership of noncontrolling interest	33.33%
Noncontrolling interest	$ 1,384,780	1,292,623
MIN
Noncontrolling Interest [Line Items]
Percentage of Ownership of noncontrolling interest	39.75%
Noncontrolling interest	$ 889,596	896,980
MS
Noncontrolling Interest [Line Items]
Percentage of Ownership of noncontrolling interest	35.00%
Noncontrolling interest	$ 459,816	459,126
OW
Noncontrolling Interest [Line Items]
Percentage of Ownership of noncontrolling interest	32.50%
Noncontrolling interest	$ 1,633,355	$ 1,600,058

SUMMARY OF SIGNIFICANT ACCOUN_7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Estimated Useful Lives of Property, Plant and Equipment (Details)	12 Months Ended
	Dec. 31, 2020
Automobiles | Minimum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life (in years)	3 years
Automobiles | Maximum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life (in years)	7 years
Buildings and improvements | Minimum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life (in years)	7 years
Buildings and improvements | Maximum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life (in years)	39 years
Furniture and fixtures | Minimum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life (in years)	4 years
Furniture and fixtures | Maximum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life (in years)	10 years
Machinery and equipment | Minimum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life (in years)	3 years
Machinery and equipment | Maximum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life (in years)	10 years

SUMMARY OF SIGNIFICANT ACCOUN_8

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Useful Lives of Intangible Assets (Details)	12 Months Ended
	Dec. 31, 2020
Tradenames
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life (in years)	10 years
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life (in years)	20 years

SUMMARY OF SIGNIFICANT ACCOUN_9

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Summary of Disaggregated Revenue (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	$ 566,831,075	$ 388,162,281
Arizona
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	108,954,235	145,756,172
California
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	65,415,191	91,173,814
Colorado
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	46,985,078	65,173,052
Florida
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	34,952,390	7,196,217
Georgia
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	192,998,208	54,877,209
North Carolina
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	34,908,440	6,658,931
Utah
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	52,458,685	8,249,684
Washington
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	$ 30,158,848	$ 9,077,202

ACCOUNTS RECEIVABLE, NET - Acco

ACCOUNTS RECEIVABLE, NET - Accounts Receivable (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Receivables [Abstract]
Accounts receivable	$ 25,761,394	$ 50,651,104
Less: allowance for doubtful accounts	(909,182)	(623,970)	$ (658,104)
Accounts receivable, net	$ 24,852,212	$ 50,027,134

ACCOUNTS RECEIVABLE, NET - Allo

ACCOUNTS RECEIVABLE, NET - Allowance for Doubtful Accounts (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 623,970	$ 658,104
Provision for doubtful accounts	1,337,820	(4,515)
Less: write off/recovery	(1,052,608)	(29,619)
Ending balance	$ 909,182	$ 623,970

NOTES RECEIVABLE (Details)

NOTES RECEIVABLE (Details) - Promissory Note Agreement - USD ($)	Oct. 09, 2020	Sep. 30, 2019	Sep. 30, 2018
Note Receivable One | HF Holding
Receivables with Imputed Interest [Line Items]
Escrow shares transferred to and recorded as treasury stock by the Company (in shares)	69,719
Feilong Trading, Inc
Receivables with Imputed Interest [Line Items]
Receivable with imputed interest, face amount			$ 4,000,000
Effective yield (Interest Rate)			5.00%
Note receivable sold, original amount		$ 3,622,505
Mr Zhou Min Ni
Receivables with Imputed Interest [Line Items]
Treasury stock shares exchanged for note receivable (in shares)		272,369
Restricted shares held in escrow (in shares)		89,882
Treasury stock, shares exchanged for note receivable, per share (in dollars per share)	$ 10.59	$ 13.30
Mr Zhou Min Ni | Note Receivable One
Receivables with Imputed Interest [Line Items]
Restricted shares held in escrow, returned to Mr. Ni (in shares)	20,163

LONG TERM INVESTMENTS (Details)

LONG TERM INVESTMENTS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Schedule of Equity Method Investments [Line Items]
Long term investments	$ 2,377,164	$ 2,296,276
Other than temporary impairment	$ 0	0
Asahi Food, Inc.
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage	49.00%
Long term investments	$ 577,164	496,276
Pt. Tamron Akuatik Produk Industri
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage	12.00%
Long term investments	$ 1,800,000	$ 1,800,000

PROPERTY AND EQUIPMENT, NET - P

PROPERTY AND EQUIPMENT, NET - Property and Equipment (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	$ 171,484,562	$ 66,168,472
Less: accumulated depreciation	(34,615,477)	(28,630,325)
Property and equipment, net	136,869,085	37,538,147
Automobiles
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	24,544,094	24,340,652
Building
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	71,285,127	17,721,292
Building improvements
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	9,807,234	9,079,737
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	223,996	220,169
Land
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	52,125,900	3,391,858
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	$ 13,498,211	$ 11,414,764

PROPERTY AND EQUIPMENT, NET - N

PROPERTY AND EQUIPMENT, NET - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Jan. 17, 2020
Property, Plant and Equipment [Line Items]
Depreciation	$ 6,393,309	$ 3,251,162
B&R Group Realty
Property, Plant and Equipment [Line Items]
Property and equipment, net			$ 102,331,567

BUSINESS COMBINATION WITH B&R_3

BUSINESS COMBINATION WITH B&R GLOBAL - Narrative (Details) - B&R Global	Nov. 04, 2019USD ($)shares
Business Acquisition [Line Items]
Ownership percentage	100.00%
Equity interest issued in business acquisition (in shares) | shares	30,700,000
Business combination, consideration transferred, total	$ 576,699,494
Identifiable intangible assets	188,503,000
Tradenames
Business Acquisition [Line Items]
Identifiable intangible assets	29,303,000
Customer relationships
Business Acquisition [Line Items]
Identifiable intangible assets	$ 159,200,000

BUSINESS COMBINATION WITH B&R_4

BUSINESS COMBINATION WITH B&R GLOBAL - Assets Acquired and Liabilities Assumed (Details) - USD ($)	Nov. 04, 2019	Dec. 31, 2020	Dec. 31, 2019
Business Acquisition [Line Items]
Goodwill		$ 68,511,941	$ 406,703,348
B&R Global
Business Acquisition [Line Items]
Cash	$ 7,017,467
Accounts receivable, net	30,934,831
Accounts receivable - related parties, net	3,393,930
Inventories, net	56,451,885
Other current assets	2,332,063
Other current assets - related parties	498,211
Advances to suppliers, net	97,964
Property and equipment, net	11,042,601
Deposit	281,282
Deposit – related parties	591,380
Long-term investments	2,289,389
Right-of-use assets	17,791,681
TANGIBLE ASSETS ACQUIRED	132,722,684
Line of credit	35,567,911
Accounts payable	24,884,247
Accounts payable - related parties	1,528,139
Bank overdraft	12,082,094
Accrued expenses	778,779
Other payables	185,938
Other payables – related party	733,448
Customer deposits	38,510
Long-term debt	3,284,159
Lease liabilities	17,791,680
Deferred tax liabilities arising from acquired intangible assets	51,413,633
TANGIBLE LIABILITIES ASSUMED	148,288,538
NET TANGIBLE LIABILITIES ASSUMED	(15,565,854)
Identifiable intangible assets	188,503,000
Goodwill	406,703,348
INTANGIBLE ASSETS ACQUIRED	595,206,348
Noncontrolling interests	2,941,000
Total consideration	$ 576,699,494

BUSINESS COMBINATION WITH B&R_5

BUSINESS COMBINATION WITH B&R GLOBAL - Proforma Information (Details) - B&R Global	12 Months Ended
	Dec. 31, 2019USD ($)$ / sharesshares
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Pro forma net revenue	$ 828,045,703
Pro forma net income	6,799,694
Pro forma net income attributable to HF Group	$ 5,662,499
Pro forma earnings per common share - basic and diluted (in dollars per share) | $ / shares	$ 0.11
Weighted average shares - basic and diluted (in shares) | shares	53,293,566
Amortization expense	$ 10,890,300

ACQUISITION OF B&R REALTY SUB_3

ACQUISITION OF B&R REALTY SUBSIDIARIES - Narrative (Details) - USD ($)	Jan. 17, 2020	Dec. 31, 2020	Dec. 31, 2019
Business Acquisition [Line Items]
Depreciation		$ 6,393,309	$ 3,251,162
B&R Group Realty | Co-Chief Executive Officer
Business Acquisition [Line Items]
Percentage of Ownership of noncontrolling interest	8.91%
B & R Realty, LLC ("BRR")
Business Acquisition [Line Items]
Ownership percentage	100.00%
Business combination, consideration transferred, total	$ 101,269,706
Depreciation		$ 1,268,753
B & R Realty, LLC ("BRR") | Minimum
Business Acquisition [Line Items]
Property, plant and equipment, useful life (in years)	3 years
B & R Realty, LLC ("BRR") | Maximum
Business Acquisition [Line Items]
Property, plant and equipment, useful life (in years)	39 years
B & R Realty, LLC ("BRR") | Revolving Credit Facility
Business Acquisition [Line Items]
Business combination, liabilities incurred	$ 18,700,000
B & R Realty, LLC ("BRR") | Mortgage-secured Term Loan
Business Acquisition [Line Items]
Business combination, liabilities incurred	75,600,000
B & R Realty, LLC ("BRR") | Unsecured Subordinated Promissory Note
Business Acquisition [Line Items]
Business combination, liabilities incurred	$ 7,000,000

ACQUISITION OF B&R REALTY SUB_4

ACQUISITION OF B&R REALTY SUBSIDIARIES - Assets Acquired and Liabilities Assumed (Details) - B & R Realty, LLC ("BRR")	Jan. 17, 2020USD ($)
Business Acquisition [Line Items]
Cash	$ 265,639
Automobile	33,690
Prepaids	39,193
Land	48,734,042
Buildings	53,563,835
Total assets acquired	102,636,399
Accounts payable and Accrued Expenses	1,366,693
Total liabilities assumed	1,366,693
Net assets acquired	$ 101,269,706

GOODWILL_AND_ACQUIRED INTANGI_3

GOODWILL AND ACQUIRED INTANGIBLE ASSETS - Narrative (Details) - USD ($)	Nov. 04, 2019	Dec. 31, 2020	Dec. 31, 2019
Goodwill [Line Items]
Goodwill		$ 68,511,941	$ 406,703,348
Goodwill impairment loss		338,191,407	0
Impairment of Intangible Assets, Finite-lived		0
Amortization of Intangible Assets, Total		10,890,300	1,815,050
B&R Global
Goodwill [Line Items]
Goodwill		68,511,941	406,703,348
Goodwill impairment loss		338,191,407
B & R
Goodwill [Line Items]
Goodwill			$ 406,700,000
Ownership percentage	100.00%
Equity interest issued in business acquisition (in shares)	30,700,000
Business combination, consideration transferred, total	$ 576,699,494
Finite-lived Intangible Assets Acquired		$ 188,503,000
B & R | Tradenames
Goodwill [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life		10 years
B & R | Customer relationships
Goodwill [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life		20 years

GOODWILL_AND_ACQUIRED INTANGI_4

GOODWILL AND ACQUIRED INTANGIBLE ASSETS - Goodwill (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 406,703,348
Goodwill impairment loss	(338,191,407)	$ 0
Goodwill, ending balance	68,511,941	406,703,348
HF
Goodwill [Roll Forward]
Goodwill, beginning balance	0
Goodwill impairment loss	0
Goodwill, ending balance	0	0
B&R Global
Goodwill [Roll Forward]
Goodwill, beginning balance	406,703,348
Goodwill impairment loss	(338,191,407)
Goodwill, ending balance	$ 68,511,941	$ 406,703,348

GOODWILL_AND_ACQUIRED INTANGI_5

GOODWILL AND ACQUIRED INTANGIBLE ASSETS - Intangible Assets (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 188,503,000	$ 188,503,000
Accumulated Amortization	(12,705,350)	(1,815,050)
Net Carrying Amount	175,797,650	186,687,950
Tradenames
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	29,303,000	29,303,000
Accumulated Amortization	(3,418,683)	(488,383)
Net Carrying Amount	25,884,317	28,814,617
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	159,200,000	159,200,000
Accumulated Amortization	(9,286,667)	(1,326,667)
Net Carrying Amount	$ 149,913,333	$ 157,873,333

GOODWILL_AND_ACQUIRED INTANGI_6

GOODWILL AND ACQUIRED INTANGIBLE ASSETS - Future Amortization Expense (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
2021	$ 10,890,300
2022	10,890,300
2023	10,890,300
2024	10,890,300
2025	10,890,300
Thereafter	121,346,150
Total	$ 175,797,650	$ 186,687,950

DERIVATIVE FINANCIAL INSTRUME_2

DERIVATIVE FINANCIAL INSTRUMENTS (Details)	Jan. 01, 2021USD ($)	Jun. 24, 2020USD ($)	Dec. 19, 2019USD ($)	Aug. 20, 2019USD ($)derivativetermLoan	Dec. 31, 2020USD ($)	Jan. 17, 2020USD ($)	Dec. 31, 2019USD ($)
Derivative [Line Items]
Number of mortgage term loans | termLoan				2
Long-term debt					$ 93,650,062		$ 21,261,997
London Interbank Offered Rate (LIBOR) | Revolving Credit Facility | JP Morgan
Derivative [Line Items]
Basis spread on variable rate		1.375%
East West Bank
Derivative [Line Items]
Long-term debt					6,802,271		6,989,016
Bank of America
Derivative [Line Items]
Long-term debt					5,905,472		4,263,663
JP Morgan
Derivative [Line Items]
Long-term debt					74,687,806		2,702,371
Mortgage-Secured Term Loans | East West Bank | London Interbank Offered Rate (LIBOR)
Derivative [Line Items]
Basis spread on variable rate				2.25%
Fixed rate determined by interest rate				0.0423
Mortgage-Secured Term Loans | Bank of America | London Interbank Offered Rate (LIBOR)
Derivative [Line Items]
Basis spread on variable rate			2.15%
Fixed rate determined by interest rate			0.0425
Mortgage-Secured Term Loans | JP Morgan
Derivative [Line Items]
Long-term debt					73,500,000
Mortgage-Secured Term Loans | JP Morgan | London Interbank Offered Rate (LIBOR)
Derivative [Line Items]
Basis spread on variable rate		1.875%
Second Amended Credit Agreement | Revolving Credit Facility | JP Morgan
Derivative [Line Items]
Long-term line of credit					18,300,000	$ 41,200,000
Interest Rate Swap
Derivative [Line Items]
Number of derivatives | derivative				2
Interest Rate Swap | Fair Value, Inputs, Level 3
Derivative [Line Items]
Obligation under interest rate swap contracts					$ 993,516		$ 73,158
Interest Rate Swap | JP Morgan | London Interbank Offered Rate (LIBOR)
Derivative [Line Items]
Basis spread on variable rate		0.413%
Interest Rate Swap | Not Designated as Hedging Instrument
Derivative [Line Items]
Derivative liability, notional amount		$ 80,000,000	$ 2,740,000	$ 1,050,000
Interest Rate Swap | Not Designated as Hedging Instrument | Subsequent Event
Derivative [Line Items]
Gain on discontinuation of derivative instrument	$ 718,600
Interest Rate Swap Member Two | Not Designated as Hedging Instrument
Derivative [Line Items]
Derivative liability, notional amount				$ 2,625,000

LINES OF CREDIT - Narrative (De

LINES OF CREDIT - Narrative (Details)	Jun. 24, 2020	Jan. 17, 2020USD ($)warehouse	Nov. 04, 2019USD ($)	Apr. 18, 2019USD ($)	Dec. 31, 2020USD ($)
Revolving Credit Facility | B & R Realty, LLC ("BRR")
Line of Credit Facility [Line Items]
Business combination, liabilities incurred		$ 18,700,000
Number of warehouses acquired | warehouse		10
East West Bank | Revolving Credit Facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity				$ 25,000,000
Repayments of long-term lines of credit			$ 13,864,481
East West Bank | Revolving Credit Facility | Minimum
Line of Credit Facility [Line Items]
Interest rate at period end				4.214%
East West Bank | Revolving Credit Facility | Prime Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate				0.375%
East West Bank | Revolving Credit Facility | London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Basis spread on variable rate				2.20%
JP Morgan | Amended and Restated Credit Agreement | Mortgage-Secured Term Loans
Line of Credit Facility [Line Items]
Maximum borrowing capacity			$ 100,000,000
Long-term line of credit					$ 18,300,000
JP Morgan | Second Amended Credit Agreement | Mortgage-Secured Term Loans
Line of Credit Facility [Line Items]
Debt instrument, face amount		$ 75,600,000
JP Morgan | Revolving Credit Facility | Second Amended Credit Agreement
Line of Credit Facility [Line Items]
Maximum borrowing capacity		100,000,000
Long-term line of credit		$ 41,200,000			$ 18,300,000
JP Morgan | Revolving Credit Facility | London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Basis spread on variable rate	1.375%

LONG-TERM DEBT - Long-term Debt

LONG-TERM DEBT - Long-term Debt (Details)	Dec. 31, 2020USD ($)propertysubsidiary	Dec. 31, 2019USD ($)
Debt Instrument [Line Items]
Long-term debt	$ 93,650,062	$ 21,261,997
Less: current portion	(5,641,259)	(2,726,981)
Long-term debt	88,008,803	18,535,016
Bank of America
Debt Instrument [Line Items]
Long-term debt	$ 5,905,472	4,263,663
Number of subsidiaries as guarantors | subsidiary	2
Bank of America | Debt Instrument, Redemption, Period One
Debt Instrument [Line Items]
Balloon payment to be paid	$ 1,382,046
Bank of America | Minimum
Debt Instrument [Line Items]
Interest rate, stated percentage	3.73%
Bank of America | Maximum
Debt Instrument [Line Items]
Interest rate, stated percentage	5.51%
Bank of Montreal
Debt Instrument [Line Items]
Long-term debt	$ 280,164	508,564
Bank of Montreal | Minimum
Debt Instrument [Line Items]
Interest rate, stated percentage	5.87%
Bank of Montreal | Maximum
Debt Instrument [Line Items]
Interest rate, stated percentage	5.99%
East West Bank
Debt Instrument [Line Items]
Long-term debt	$ 6,802,271	6,989,016
Number of subsidiaries as guarantors | subsidiary	5
Collateral amount	$ 3,007,239
Number of real properties secured | property	2
East West Bank | Debt Instrument, Redemption, Period Two
Debt Instrument [Line Items]
Balloon payment to be paid	$ 2,293,751
East West Bank | Minimum
Debt Instrument [Line Items]
Interest rate, stated percentage	3.83%
East West Bank | Maximum
Debt Instrument [Line Items]
Interest rate, stated percentage	4.25%
First Horizon Bank
Debt Instrument [Line Items]
Long-term debt	$ 4,773,378	4,967,075
Collateral amount	$ 3,116,687
First Horizon Bank | Minimum
Debt Instrument [Line Items]
Interest rate, stated percentage	3.85%
JP Morgan
Debt Instrument [Line Items]
Long-term debt	$ 74,687,806	2,702,371
JP Morgan | Assets Held by Subsidiaries
Debt Instrument [Line Items]
Collateral amount	72,761,598
JP Morgan | Vehicles and Equipment
Debt Instrument [Line Items]
Collateral amount	$ 1,926,208
JP Morgan | Minimum
Debt Instrument [Line Items]
Interest rate, stated percentage	2.02%
JP Morgan | Maximum
Debt Instrument [Line Items]
Interest rate, stated percentage	2.15%
Peoples United Bank
Debt Instrument [Line Items]
Long-term debt	$ 725,282	1,114,993
Peoples United Bank | Minimum
Debt Instrument [Line Items]
Interest rate, stated percentage	6.69%
Peoples United Bank | Maximum
Debt Instrument [Line Items]
Interest rate, stated percentage	7.53%
Other Finance Companies
Debt Instrument [Line Items]
Long-term debt	$ 475,689	$ 716,315
Other Finance Companies | Minimum
Debt Instrument [Line Items]
Interest rate, stated percentage	3.90%
Other Finance Companies | Maximum
Debt Instrument [Line Items]
Interest rate, stated percentage	6.14%

LONG-TERM DEBT - Future Maturit

LONG-TERM DEBT - Future Maturities (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Debt Disclosure [Abstract]
2021	$ 5,641,259
2022	5,347,017
2023	4,260,965
2024	3,706,449
2025	3,711,793
Thereafter	70,982,579
Total	$ 93,650,062	$ 21,261,997

LEASES - Narrative (Details)

LEASES - Narrative (Details)	Feb. 10, 2021USD ($)	Feb. 23, 2019USD ($)	Jul. 02, 2018propertylease	Jan. 31, 2021USD ($)	Dec. 31, 2020
Jianping An | AnHeart
Lessee, Lease, Description [Line Items]
Ownership interest transferred, transfer price		$ 20,000
Building
Lessee, Lease, Description [Line Items]
Number of leases | lease			2
Number of properties | property			2
Building | Lease for 273 Fifth Avenue, Manhattan,New York
Lessee, Lease, Description [Line Items]
Operating lease, term of contract (in years)			30 years
Building | Lease for 273 Fifth Avenue, Manhattan,New York | Subsequent Event
Lessee, Lease, Description [Line Items]
Operating lease, term of contract (in years)	30 years
Operating lease, rent expense	$ 325,000
Building | Lease for 275 Fifth Avenue, Manhattan,New York
Lessee, Lease, Description [Line Items]
Operating lease, term of contract (in years)			15 years
Building | Lease for 36-40 Enterprise Blvd., Atlanta Georgia | Kirnland | Subsequent Event
Lessee, Lease, Description [Line Items]
Operating lease, term of contract (in years)				5 years
Operating lease, rent expense				$ 23,495
Potential annual increase to lease rent (percent)				0.03
Minimum
Lessee, Lease, Description [Line Items]
Operating lease, term of contract (in years)					1 year
Maximum
Lessee, Lease, Description [Line Items]
Operating lease, term of contract (in years)					5 years

LEASES - Components of Operatin

LEASES - Components of Operating and Finance Leases (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Operating lease cost	$ 1,326,746	$ 1,601,678
Operating leases	39 months	51 months
Weighted Average Discount Rate	4.00%	4.00%
Amortization of right-of-use assets	$ 538,188	$ 571,130
Interest on lease liabilities	94,093	110,274
Total finance leases cost	$ 632,281	$ 681,404

LEASES - Supplemental Cash Flow

LEASES - Supplemental Cash Flow Information Related to Operating and Finance Leases (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Operating cash flows from finance leases	$ 94,093	$ 110,274

LEASES - Balance Sheet (Details

LEASES - Balance Sheet (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Property and equipment, at cost	$ 2,793,731	$ 2,793,731
Less: accumulated depreciation	(1,831,318)	(1,293,130)
Operating lease right-of-use assets	$ 962,413	$ 1,500,601
Finance Lease, Weighted Average Remaining Lease Term	43 months	54 months
Finance Lease, Weighted Average Discount Rate, Percent	7.56%	7.51%
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	us-gaap:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization

LEASES - Maturities of Lease Li

LEASES - Maturities of Lease Liabilities (Details)	Dec. 31, 2020USD ($)
Operating Leases
2021	$ 382,047
2022	336,103
2023	219,584
2024	85,797
2025	66,731
Total Lease Payments	1,090,262
Less Imputed Interest	(158,632)
Total	931,630
Finance Leases
2021	359,635
2022	322,456
2023	312,605
2024	215,364
2025	0
Total Lease Payments	1,210,060
Less Imputed Interest	(156,272)
Total	$ 1,053,788

SUPPLEMENTAL CASH FLOWS INFOR_3

SUPPLEMENTAL CASH FLOWS INFORMATION (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Supplemental disclosure of cash flow data:
Cash paid for interest	$ 4,123,832	$ 1,520,545
Cash paid for income taxes	804,147	2,677,205
Supplemental disclosure of non-cash investing and financing activities
Right of use assets obtained in exchange for operating lease liabilities	331,239	767,323
Property and equipment obtained in exchange for finance lease liabilities	0	1,432,662
Property and equipment purchases from notes payable	2,528,554	1,080,153
Notes receivable sold to shareholder in exchange of common stock	0	12,038,030
Acquisition of B&R Global by issuance of common stock		579,640,494
B&R Global
Supplemental disclosure of non-cash investing and financing activities
Acquisition of B&R Global by issuance of common stock	0	576,699,494
B & R Realty, LLC ("BRR")
Supplemental disclosure of non-cash investing and financing activities
Issuance of promissory note for the acquisition of B&R Realty Subsidiaries	$ 7,000,000	$ 0

TAXES - Income Tax Provision (B

TAXES - Income Tax Provision (Benefit) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Current:
Federal	$ 1,138,966	$ 1,907,309
State	(54,870)	540,488
Current income taxes	1,084,096	2,447,797
Deferred income taxes (benefit):
Federal	(2,916,501)	(156,892)
State	(2,999,326)	(93,813)
Deferred income taxes (benefit)	(5,915,827)	(250,705)
Total provision (benefit) for income taxes	$ (4,831,731)	$ 2,197,092

TAXES - Deferred Tax Assets and

TAXES - Deferred Tax Assets and Liabilities (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Deferred tax assets:
Allowance for doubtful accounts	$ 443,151	$ 373,438
Inventories	481,016	594,628
Federal net operating loss	101,828	228,637
State net operating loss	257,490	80,514
Fair value change in interest rate swap contracts	244,622	0
Accrued expenses	268,813	80,100
Total deferred tax assets	1,796,920	1,357,317
Deferred tax liabilities:
Property and equipment	(2,660,874)	(3,270,536)
Intangibles assets	(45,461,272)	(50,327,833)
Total deferred tax liabilities	(48,122,146)	(53,598,369)
Net deferred tax liabilities	(46,325,226)	(52,241,052)
Deferred tax assets	57,478	78,993
Deferred tax liabilities	(46,382,704)	(52,320,045)
Net deferred tax liabilities	$ (46,325,226)	$ (52,241,052)

TAXES - Reconciliation of Incom

TAXES - Reconciliation of Income Tax Rate (Details)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Federal statutory tax rate	21.00%	21.00%
State statutory tax rate	0.70%	4.00%
Impact of goodwill impairment loss – permanent difference	(20.50%)	1.00%
Other	0.20%	1.20%
Effective tax rate	1.40%	27.20%

RELATED PARTY TRANSACTION - Sum

RELATED PARTY TRANSACTION - Summary of Purchases with Related Parties (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Nov. 01, 2020	Oct. 31, 2020
Related Party Transaction [Line Items]
Purchases - related parties	$ 22,991,405	$ 40,388,000
North Carolina Good Taste Noodle, Inc.
Related Party Transaction [Line Items]
Payments to suppliers	$ 3,986,069
Allstate Trading Company Inc | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	40.00%
Best Food Services, LLC | Mr. Xiao Mou Zhang
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest				10.38%
Best Food Services, LLC | Mr. Zhang's Children
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest			10.38%
Eagle Food Service LLC | Tina Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	26.50%
Eastern Fresh LLC | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	30.00%
Enson Group, Inc. | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	25.00%
Enson Seafood GA Inc | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	50.00%
First Choice Seafood, Inc. | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	25.00%
Fujian RongFeng Plastic Co. Ltd. | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	40.00%
Han Feng (Fujian) Information Technology Co., Ltd | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	100.00%
Han Feng Information Tech. Jinhua, Inc. | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	37.00%
N&F Logistic, Inc. | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	25.00%
North Carolina Good Taste Noodle, Inc. | Mr. Jian Ming Ni (Ex-CFO)
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	29.00%	37.34%
Ocean Pacific Seafood Group | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	26.00%
Revolution Industry LLC | Raymond Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	100.00%
UGO USA Inc | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	30.00%
Union Foods, LLC | Tina Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	30.00%
Union Foods, LLC | Anthony Zhang (family member)
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	10.00%
Winfar Foods, Inc. | Mr. Xiao Mou Zhang
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	5.20%
Allstate Trading Company Inc
Related Party Transaction [Line Items]
Purchases - related parties	$ 308,865	$ 111,213
Best Food Services, LLC
Related Party Transaction [Line Items]
Purchases - related parties	5,829,680	2,136,388
Eagle Food Service LLC
Related Party Transaction [Line Items]
Purchases - related parties	100,892	232,566
Eastern Fresh LLC
Related Party Transaction [Line Items]
Purchases - related parties	4,508,507	6,678,704
Enson Group, Inc.
Related Party Transaction [Line Items]
Purchases - related parties	142,711	174,711
Enson Seafood GA Inc
Related Party Transaction [Line Items]
Purchases - related parties	0	181,985
First Choice Seafood, Inc.
Related Party Transaction [Line Items]
Purchases - related parties	454,606	2,092,599
Fujian RongFeng Plastic Co. Ltd.
Related Party Transaction [Line Items]
Purchases - related parties	3,617,121	6,207,379
Han Feng (Fujian) Information Technology Co., Ltd
Related Party Transaction [Line Items]
Purchases - related parties	997,395	3,032,984
Han Feng Information Tech. Jinhua, Inc.
Related Party Transaction [Line Items]
Purchases - related parties	1,134,620	0
N&F Logistic, Inc.
Related Party Transaction [Line Items]
Purchases - related parties	368,529	1,428,294
North Carolina Good Taste Noodle, Inc.
Related Party Transaction [Line Items]
Purchases - related parties	0	4,607,652
Ocean Pacific Seafood Group
Related Party Transaction [Line Items]
Purchases - related parties	567,836	598,286
Revolution Industry LLC
Related Party Transaction [Line Items]
Purchases - related parties	2,362,131	2,822,561
UGO USA Inc
Related Party Transaction [Line Items]
Purchases - related parties	644,410	724,486
Union Foods, LLC
Related Party Transaction [Line Items]
Purchases - related parties	1,246,720	9,003,455
Winfar Foods, Inc.
Related Party Transaction [Line Items]
Purchases - related parties	622,417	0
Other Related Parties
Related Party Transaction [Line Items]
Purchases - related parties	$ 84,965	$ 354,737

RELATED PARTY TRANSACTION - S_2

RELATED PARTY TRANSACTION - Summary of Sales to Related Parties (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Nov. 01, 2020	Oct. 31, 2020
Related Party Transaction [Line Items]
Sales - related parties	$ 13,422,547	$ 19,352,416
ABC Trading, LLC | Mr. Xiao Mou Zhang
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest				10.38%
ABC Trading, LLC | Mr. Zhang's Children
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest			10.38%
Asahi Food, Inc. | MF Food Services Inc. (“MFS”)
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	49.00%
Best Food Services, LLC | Mr. Xiao Mou Zhang
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest				10.38%
Best Food Services, LLC | Mr. Zhang's Children
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest			10.38%
Eagle Food Service LLC | Tina Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	26.50%
Eastern Fresh LLC | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	30.00%
Enson Group, Inc. | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	25.00%
Enson Philadelphia Inc | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	23.33%
Enson Seafood GA Inc | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	50.00%
First Choice Seafood, Inc. | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	25.00%
Fortune One Foods Inc | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	17.50%
Hengfeng Food Service Inc | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	45.00%
N&F Logistic, Inc. | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	25.00%
The Big Catch Alhambra, LLC | Mr. Xiao Mou Zhang
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	10.00%
UGO USA Inc | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	30.00%
ABC Trading, LLC
Related Party Transaction [Line Items]
Sales - related parties	$ 1,870,728	416,392
Asahi Food, Inc.
Related Party Transaction [Line Items]
Sales - related parties	465,069	70,700
Best Food Services, LLC
Related Party Transaction [Line Items]
Sales - related parties	336,800	0
Eagle Food Service LLC
Related Party Transaction [Line Items]
Sales - related parties	4,604,894	7,172,063
Eastern Fresh LLC
Related Party Transaction [Line Items]
Sales - related parties	1,602,479	4,470,618
Enson Group, Inc.
Related Party Transaction [Line Items]
Sales - related parties	307,585	635,078
Enson Philadelphia Inc
Related Party Transaction [Line Items]
Sales - related parties	125,684	142,193
Enson Seafood GA Inc
Related Party Transaction [Line Items]
Sales - related parties	492,679	1,481,776
First Choice Seafood, Inc.
Related Party Transaction [Line Items]
Sales - related parties	1,378,207	0
Fortune One Foods Inc
Related Party Transaction [Line Items]
Sales - related parties	310,635	787,700
Hengfeng Food Service Inc
Related Party Transaction [Line Items]
Sales - related parties	668,844	1,601,546
N&F Logistic, Inc.
Related Party Transaction [Line Items]
Sales - related parties	1,027,427	2,364,820
The Big Catch Alhambra, LLC
Related Party Transaction [Line Items]
Sales - related parties	57,048	60,842
UGO USA Inc
Related Party Transaction [Line Items]
Sales - related parties	66,448	75,393
Other Related Parties
Related Party Transaction [Line Items]
Sales - related parties	$ 108,020	$ 73,295

RELATED PARTY TRANSACTION - S_3

RELATED PARTY TRANSACTION - Summary of Accounts Receivable With Related Parties (Details) - USD ($)	Dec. 31, 2020	Nov. 01, 2020	Oct. 31, 2020	Dec. 31, 2019
Related Party Transaction [Line Items]
Accounts receivable - related parties, net	$ 1,266,573			$ 4,202,870
ABC Trading, LLC | Mr. Xiao Mou Zhang
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest			10.38%
ABC Trading, LLC | Mr. Zhang's Children
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest		10.38%
Asahi Food, Inc. | MF Food Services Inc. (“MFS”)
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	49.00%
Eagle Food Service LLC | Tina Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	26.50%
Eastern Fresh LLC | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	30.00%
Enson Group, Inc. | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	25.00%
Enson Seafood GA Inc | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	50.00%
Fortune One Foods Inc | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	17.50%
Hengfeng Food Service Inc | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	45.00%
N&F Logistic, Inc. | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	25.00%
The Big Catch Alhambra, LLC | Mr. Xiao Mou Zhang
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	10.00%
ABC Trading, LLC
Related Party Transaction [Line Items]
Accounts receivable - related parties, net	$ 18,816			238,513
Asahi Food, Inc.
Related Party Transaction [Line Items]
Accounts receivable - related parties, net	68,766			34,265
Eagle Food Service LLC
Related Party Transaction [Line Items]
Accounts receivable - related parties, net	697,538			979,591
Eastern Fresh LLC
Related Party Transaction [Line Items]
Accounts receivable - related parties, net	0			1,511,075
Enson Group, Inc.
Related Party Transaction [Line Items]
Accounts receivable - related parties, net	0			341,200
Enson Seafood GA Inc
Related Party Transaction [Line Items]
Accounts receivable - related parties, net	325,596			348,833
Fortune One Foods Inc
Related Party Transaction [Line Items]
Accounts receivable - related parties, net	36,250			53,862
Hengfeng Food Service Inc
Related Party Transaction [Line Items]
Accounts receivable - related parties, net	0			477,541
N&F Logistic, Inc.
Related Party Transaction [Line Items]
Accounts receivable - related parties, net	113,247			119,241
The Big Catch Alhambra, LLC
Related Party Transaction [Line Items]
Accounts receivable - related parties, net	2,292			89,249
Other Related Parties
Related Party Transaction [Line Items]
Accounts receivable - related parties, net	$ 4,068			$ 9,500

RELATED PARTY TRANSACTION - S_4

RELATED PARTY TRANSACTION - Summary of Accounts Payable with Related Parties (Details) - USD ($)	Dec. 31, 2020	Nov. 01, 2020	Oct. 31, 2020	Dec. 31, 2019
Related Party Transaction [Line Items]
Accounts payable - related parties	$ 1,783,861			$ 4,521,356
Accounts payable	28,391,136			$ 39,689,911
North Carolina Good Taste Noodle, Inc.
Related Party Transaction [Line Items]
Accounts payable	$ 554,156
Best Food Services, LLC | Mr. Xiao Mou Zhang
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest			10.38%
Best Food Services, LLC | Mr. Zhang's Children
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest		10.38%
Eastern Fresh LLC | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	30.00%
Fujian RongFeng Plastic Co. Ltd. | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	40.00%
Han Feng (Fujian) Information Technology Co., Ltd | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	100.00%
Han Feng Information Tech. Jinhua, Inc. | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	37.00%
Hengfeng Food Service Inc | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	45.00%
North Carolina Good Taste Noodle, Inc. | Mr. Jian Ming Ni (Ex-CFO)
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	29.00%			37.34%
UGO USA Inc | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	30.00%
Union Foods, LLC | Tina Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	30.00%
Union Foods, LLC | Anthony Zhang (family member)
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	10.00%
Best Food Services, LLC
Related Party Transaction [Line Items]
Accounts payable - related parties	$ 588,920			$ 987,487
Eastern Fresh LLC
Related Party Transaction [Line Items]
Accounts payable - related parties	427,795			0
Fujian RongFeng Plastic Co. Ltd.
Related Party Transaction [Line Items]
Accounts payable - related parties	69,429			1,684,192
Han Feng (Fujian) Information Technology Co., Ltd
Related Party Transaction [Line Items]
Accounts payable - related parties	175,657			0
Han Feng Information Tech. Jinhua, Inc.
Related Party Transaction [Line Items]
Accounts payable - related parties	107,258			166,971
Hengfeng Food Service Inc
Related Party Transaction [Line Items]
Accounts payable - related parties	116,436			0
North Carolina Good Taste Noodle, Inc.
Related Party Transaction [Line Items]
Accounts payable - related parties	0			992,353
UGO USA Inc
Related Party Transaction [Line Items]
Accounts payable - related parties	211,003			340,087
Union Foods, LLC
Related Party Transaction [Line Items]
Accounts payable - related parties	0			248,901
Other Related Parties
Related Party Transaction [Line Items]
Accounts payable - related parties	$ 87,363			$ 101,365

RELATED PARTY TRANSACTION - S_5

RELATED PARTY TRANSACTION - Summary of Advances to Suppliers with Related Parties (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Related Party Transaction [Line Items]
Advances to suppliers - related parties	$ 196,803	$ 745,135
Ocean Pacific Seafood Group | Mr Zhou Min Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	26.00%
Revolution Industry LLC | Raymond Ni
Related Party Transaction [Line Items]
Percentage of Ownership of noncontrolling interest	100.00%
Ocean Pacific Seafood Group
Related Party Transaction [Line Items]
Advances to suppliers - related parties	$ 7,101	223,303
Revolution Industry LLC
Related Party Transaction [Line Items]
Advances to suppliers - related parties	$ 189,702	$ 521,832

RELATED PARTY TRANSACTION - Nar

RELATED PARTY TRANSACTION - Narrative (Details) - USD ($)

Oct. 09, 2020

Sep. 30, 2019

Mar. 01, 2019

Sep. 30, 2018

Mar. 01, 2018

Jan. 16, 2020

Dec. 31, 2020

Dec. 31, 2019

Dec. 31, 2019

Feb. 23, 2021

Jan. 31, 2021

Jan. 01, 2018

Dec. 31, 2017

Related Party Transaction [Line Items]

Security deposits - related parties

$ 0

$ 591,380

$ 591,380

Deposits for Warehouse Rentals

Related Party Transaction [Line Items]

Security deposits - related parties

0

591,380

591,380

Mr Zhou Min Ni | Subsequent Event | HF

Related Party Transaction [Line Items]

Percentage of Ownership of noncontrolling interest

10.70%

Promissory Note Agreements, January 2018 to September 2019 | Mr Zhou Min Ni

Related Party Transaction [Line Items]

Note receivable sold, original amount

$ 8,415,525

Treasury stock shares exchanged for note receivable (in shares)

632,746

Restricted shares held in escrow (in shares)

208,806

Promissory Note Agreement | Mr Zhou Min Ni

Related Party Transaction [Line Items]

Treasury stock shares exchanged for note receivable (in shares)

272,369

Restricted shares held in escrow (in shares)

89,882

Treasury stock, shares exchanged for note receivable, per share (in dollars per share)

$ 10.59

$ 13.30

Promissory Note Agreement | Mr Zhou Min Ni | Note Receivable Two

Related Party Transaction [Line Items]

Restricted shares held in escrow, returned to Mr. Ni (in shares)

46,840

R&N Holdings | Building

Related Party Transaction [Line Items]

Other income

161,000

0

Accrued rental income recognized

42,000

$ 119,000

R&N Holdings | Facility

Related Party Transaction [Line Items]

Other income

45,600

45,600

HG Realty | Building

Related Party Transaction [Line Items]

Other income

480,000

480,000

Han Feng | Production Area

Related Party Transaction [Line Items]

Other income

39,000

33,000

Rental Income, monthly rent

3,000

B & R | Building

Related Party Transaction [Line Items]

Other income

$ 187,750

Kirnland | Building

Related Party Transaction [Line Items]

Other income

120,000

$ 120,000

Kirnland | Building | Subsequent Event | Lease for 36-40 Enterprise Blvd., Atlanta Georgia

Related Party Transaction [Line Items]

Operating lease, term of contract (in years)

5 years

B&R Group Realty | Mortgage-Secured Term Loans

Related Party Transaction [Line Items]

Due from Related Parties, Total

$ 7,000,000

Interest rate, stated percentage

6.00%

NSG International Inc

Related Party Transaction [Line Items]

Notes Receivable, Related Parties

$ 5,941,031

$ 5,993,552

HF Holding | Promissory Note Agreement | Note Receivable Two

Related Party Transaction [Line Items]

Escrow shares transferred to and recorded as treasury stock by the Company (in shares)

161,966

Promissory Note Agreement | Enson Seafood GA Inc

Related Party Transaction [Line Items]

Notes Payable, Total

$ 2,000,000

$ 550,000

Interest rate, stated percentage

5.00%

Debt Instrument, Periodic Payment, Total

$ 171,215

Promissory Note Agreement | NSG International Inc

Related Party Transaction [Line Items]

Interest rate, stated percentage

5.00%

5.00%

Debt Instrument, Term

5 years

Promissory Note Agreement | Revolution Automotive, LLC (“Revolution Automotive”)

Related Party Transaction [Line Items]

Notes Payable, Total

$ 483,628

Interest rate, stated percentage

5.00%

Debt Instrument, Periodic Payment, Total

$ 5,000

Debt Instrument, Term

60 months

Balloon payment to be paid

$ 284,453

SEGMENT REPORTING - Narrative (

SEGMENT REPORTING - Narrative (Details)	12 Months Ended
	Dec. 31, 2020segment
Segment Reporting [Abstract]
Number of Operating Segments	2

SEGMENT REPORTING - Net Sales b

SEGMENT REPORTING - Net Sales by Segment (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenue	$ 566,831,075	$ 388,162,281
HF
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenue	221,354,504	302,103,038
B&R Global
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenue	$ 345,476,571	$ 86,059,243

SEGMENT REPORTING - Revenue by

SEGMENT REPORTING - Revenue by Business Operation (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	$ 566,831,075	$ 388,162,281
Cost of revenue	466,539,492	324,953,758
Gross profit	100,291,583	63,208,523
Depreciation and amortization	17,868,596	6,754,508
Cash capital expenditures	664,750	4,835,929
HF
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	221,354,504	302,103,038
Cost of revenue	178,777,382	252,078,738
Gross profit	42,577,122	50,024,300
Depreciation and amortization	2,971,777	5,487,027
Cash capital expenditures	244,255	4,681,404
B&R Global
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	345,476,571	86,059,243
Cost of revenue	287,762,110	72,875,020
Gross profit	57,714,461	13,184,223
Depreciation and amortization	14,896,819	1,267,481
Cash capital expenditures	$ 420,495	$ 154,525

SEGMENT REPORTING - Assets by S

SEGMENT REPORTING - Assets by Segment (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	$ 484,285,083	$ 802,843,794
HF
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	58,620,619	80,514,529
B&R Global
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	$ 425,664,464	$ 722,329,265

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details)	Feb. 10, 2021USD ($)	Jan. 31, 2021USD ($)	Feb. 25, 2021USD ($)	Dec. 31, 2020	Jul. 02, 2018
Subsequent Event | Revolution Industry LLC | Asset Purchase Agreement
Subsequent Event [Line Items]
Purchase obligation			$ 250,000
Building | Lease for 273 Fifth Avenue, Manhattan,New York
Subsequent Event [Line Items]
Operating lease, term of contract (in years)					30 years
Building | Subsequent Event | Lease for 273 Fifth Avenue, Manhattan,New York
Subsequent Event [Line Items]
Operating lease, term of contract (in years)	30 years
Operating lease, renewal term (in years)	10 years
Operating lease, rent expense	$ 325,000
Operating lease, rent expense in final year	$ 1,047,974
Percentage reduction in annual rent for 2021	0.20
Building | Subsequent Event | Lease for 36-40 Enterprise Blvd., Atlanta Georgia | Kirnland
Subsequent Event [Line Items]
Operating lease, term of contract (in years)		5 years
Operating lease, rent expense		$ 23,495
Potential annual increase to lease rent (percent)		0.03
Minimum
Subsequent Event [Line Items]
Operating lease, term of contract (in years)				1 year
Minimum | Subsequent Event
Subsequent Event [Line Items]
Payment to construct building	$ 2,500,000