v3.25.2
Construction-In-Progress
3 Months Ended
Mar. 31, 2025
Construction-In-Progress [Abstract]  
CONSTRUCTION-IN-PROGRESS

8. CONSTRUCTION-IN-PROGRESS

 

Construction-in-progress consisted of the following:

 

   As of 
   March 31,   December 31, 
   2025   2024   2023 
   US$   US$   US$ 
Construction in progress   16,832,470    41,264,766    41,423,399 
    16,832,470    41,264,766    41,423,399 

 

Hongchang Food Industrial Park covers a site area of 108,000 square meters, with a floor area of about 130,000 square meters. The construction of Phase I of Hongchang Food Industrial Park was complete in January 2025. The remaining part is still under construction and the construction is expected to complete by 2026.