v3.26.1
Other Receivables - Schedule of Other Receivables (Details) - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Other receivables    
Advances for operational purpose [1] $ 2,052 $ 2,942,424
Lending – non-interest-bearing 24,249
VAT receivables 399,818  
Others 12,697
Provision for credit loss (2,052) (25,988)
Exchange rate effect 11,053 369
Total Other receivables $ 410,871 $ 2,953,751
[1] As of December 31, 2024, the Company had entered into contracts with Ningbo Luxiang Logistics Co., LTD. and Ningbo Zhongjin International Logistics Co., LTD. for amounts of $1,640,236 and $1,248,126, respectively. In December 2024, both agreements were terminated due to the suppliers’ inability to continue providing services. The Company fully recovered the related other receivables of $1,640,236 and $1,248,126 in 2025, respectively.