v3.25.2
Consolidated Statements of Changes in Stockholders’ Equity - USD ($)
Common Stock
Subscription receivable
Additional Paid-in Capital
Statutory Reserve
Accumulated Deficit
Accumulated other comprehensive income (loss)
Total Hongchang International Co., Ltd stockholder's equity
Non- controlling interests
Total
Balance at Dec. 31, 2022 $ 415,582 $ (415,582) $ (433,745) $ 15,092 $ (418,653) $ (418,653)
Balance (in Shares) at Dec. 31, 2022 415,582,375                
Net (loss) income (378,794) (378,794) (378,794)
Contribution from stockholder 415,582 40,825,526 41,241,108 41,241,108
Foreign currency translation adjustment 861,331 861,331 861,331
Deemed issuance of share upon the Merger Transaction $ 103,249 (920,298) (817,049) (817,049)
Deemed issuance of share upon the Merger Transaction (in Shares) 103,248,992                
Balance at Dec. 31, 2023 $ 518,831 39,905,228 (812,539) 876,423 40,487,943 $ 40,487,943
Balance (in Shares) at Dec. 31, 2023 518,831,367              
Net (loss) income (478,340) (478,340) 5,947 $ (472,393)
Foreign currency translation adjustment (1,241,996) (1,241,996) (84) (1,242,080)
Appropriation of statutory reserve 1,197 (1,197)
Balance at Dec. 31, 2024 $ 518,831 39,905,228 1,197 (1,292,076) (365,573) 38,767,607 5,863 $ 38,773,470
Balance (in Shares) at Dec. 31, 2024 518,831,367               518,831,367
Acquisition of subsidiary 568,241 $ 568,241
Net (loss) income 1,260,404 1,260,404 240,477 1,500,881
Foreign currency translation adjustment 234,173 234,173 474 234,647
Appropriation of statutory reserve
Balance at Mar. 31, 2025 $ 518,831 $ 39,905,228 $ 1,197 $ (31,672) $ (131,400) $ 40,262,184 $ 815,055 $ 41,077,239
Balance (in Shares) at Mar. 31, 2025 518,831,367               518,831,367