| Schedule of Property, Plant and Equipment |
As
of September 30, 2024 and December 31, 2023, property, plant and equipment consisted of the following:
| | |
September 30, | | |
December 31, | |
| | |
2024 | | |
2023 | |
| | |
| | |
| |
| Land use rights | |
$ | 82,380,439 | | |
$ | 81,504,608 | |
| Building and improvements | |
| 68,300,564 | | |
| 67,939,059 | |
| Machinery and equipment | |
| 160,198,007 | | |
| 158,629,858 | |
| Vehicles | |
| 351,950 | | |
| 348,209 | |
| Construction in progress | |
| - | | |
| - | |
| Totals | |
| 311,230,960 | | |
| 308,421,734 | |
| Less: accumulated depreciation and amortization | |
| (156,475,574 | ) | |
| (144,447,712 | ) |
| Property, Plant and Equipment, net | |
$ | 154,755,386 | | |
$ | 163,974,022 | |
|