| Schedule of Property, Plant and Equipment, Net |
Property, plant and equipment, net consist of
the following:
| | |
As of
December 31, | | |
As of
December 31, | |
| | |
2025 | | |
2024 | |
| Buildings | |
$ | 29,648,756 | | |
$ | 31,475,491 | |
| Land | |
| 4,111,556 | | |
| - | |
| Mechanical equipment | |
| 2,493,571 | | |
| 17,426,372 | |
| Motor vehicles | |
| 341,680 | | |
| 283,320 | |
| Office equipment | |
| 7,109,384 | | |
| 7,110,842 | |
| Computer software | |
| 147,924 | | |
| 678,252 | |
| Leasehold improvement | |
| 1,695,168 | | |
| 2,247,199 | |
| Construction in progress | |
| 23,675 | | |
| 23,675 | |
| Total | |
| 45,571,714 | | |
| 59,245,151 | |
| Accumulated depreciation | |
| (15,709,478 | ) | |
| (29,282,612 | ) |
| Provision for impairment | |
| (57,752 | ) | |
| (55,358 | ) |
| Property, plant and equipment, net | |
$ | 29,804,484 | | |
$ | 29,907,181 | |
|