v3.25.2
Commitments and Contingencies
3 Months Ended
Mar. 31, 2025
Commitments and Contingencies [Abstract]  
COMMITMENTS AND CONTINGENCIES

18. COMMITMENTS AND CONTINGENCIES

 

As of March 31, 2025, the Group had entered into several contracts for construction of the Hongchang Food Industrial Park and the improvement of industrial buildings. Total outstanding commitments under these contracts were US$3,859,662 and US$9,275,828 and US$18,492,173 as of March 31, 2025, December 31, 2024, and December 31, 2023, respectively. The Group expected to pay off all the balances within one to three years.