v3.25.1
Consolidated Statements of Changes in Shareholders’ Equity - USD ($)
Ordinary Shares
Class A
Ordinary Shares
Class B
Additional paid-in capital
Statutory Reserves
(Accumulated loss)/ Retained earnings
Accumulated other comprehensive income/(loss)
Total
Balance at Dec. 31, 2021 $ 24,255 $ 2,100 $ 26,010,366 $ 63,659 $ (1,459,779) $ 413,175 $ 25,053,776
Balance (in Shares) at Dec. 31, 2021 24,254,842 2,100,000          
Net Income (Loss)     11,475,639 11,475,639
Appropriation to statutory reserve     272,037 (272,037)
Deposit received on issuance of common shares     492,490 492,490
Foreign currency translation adjustment     (6,578,195) (6,578,195)
Balance at Dec. 31, 2022 $ 24,255 $ 2,100 26,502,856 335,696 9,743,823 (6,165,020) 30,443,710
Balance (in Shares) at Dec. 31, 2022 24,254,842 2,100,000          
Net Income (Loss)     (7,439,280) (7,439,280)
Appropriation to statutory reserve      
Foreign currency translation adjustment     (3,571,930) (3,571,930)
Balance at Dec. 31, 2023 $ 24,255 $ 2,100 26,502,856 335,696 2,304,543 (9,736,950) 19,432,500
Balance (in Shares) at Dec. 31, 2023 24,254,842 2,100,000          
Net Income (Loss)     3,119,095 3,119,095
Appropriation to statutory reserve    
Foreign currency translation adjustment     (686,179) (686,179)
Balance at Dec. 31, 2024 $ 24,255 $ 2,100 $ 26,502,856 $ 335,696 $ 5,423,638 $ (10,423,129) $ 21,865,416
Balance (in Shares) at Dec. 31, 2024 24,254,842 2,100,000