| Schedule of Property, Plant and Equipment |
As of March 31, 2025 and December 31, 2024, property, plant and equipment
consisted of the following:
| | |
March 31, | | |
December 31, | |
| | |
2025 | | |
2024 | |
| | |
| | |
| |
| Land use rights | |
$ | 80,420,257 | | |
$ | 80,306,144 | |
| Building and improvements | |
| 66,675,402 | | |
| 66,580,793 | |
| Machinery and equipment | |
| 156,401,287 | | |
| 156,179,361 | |
| Vehicles | |
| 343,576 | | |
| 343,088 | |
| Construction in progress | |
| - | | |
| - | |
| Totals | |
| 303,840,522 | | |
| 303,409,386 | |
| Less: accumulated depreciation and amortization | |
| (160,265,154 | ) | |
| (156,497,503 | ) |
| Property, Plant and Equipment, net | |
$ | 143,575,368 | | |
$ | 146,911,883 | |
|