v3.25.2
Intangible Assets, Net (Tables)
 12 Months Ended
Dec. 31, 2024
Intangible Assets, Net [Abstract]  
Schedule of Intangible Assets, Net

Intangible assets, net, consisted of the following: 

 

   As of
December 31,
2024		   As of
December 31,
2023		 
Concession right on forest land (i)   $7,671,969   $
-
 
Software        395 
Total   7,671,969    
-
 
Less: Accumulated amortization   (17,202)   (263)
Intangible assets, net  $7,654,767   $132 

 

(i)On December 3, 2024, the Company acquired a concession right on forest land from a third party for consideration of $7,671,969. The concession right with a finite useful life of 37 years gives the Company rights to operate in the designated forests in the PRC.
Schedule of Estimated Future Amortization Expense

Estimated future amortization expense is as follows: 

 

Twelve months ending December 31,   Amortization
expense		 
2025   $206,421 
2026    206,421 
2027    206,421 
2028    206,421 
2029    206,421 
Thereafter    6,622,662 
Total   $7,654,767