v3.25.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2025
Summary of Significant Accounting Policies [Abstract]  
Schedule of Depreciation and Expected Useful Lives of Equipment Depreciation of plant and equipment is provided using the straight-line method over their expected useful lives, as follows:
   Useful life
Office equipment and furniture  5 years
Transportation vehicles  5 years
Mechanical equipment  10 years
Buildings  20 years
Schedule of Intangible Assets are Amortized Using the Straight-Line Method Intangible assets are amortized using the straight-line method.
   Useful life
ERP- Zhituo software  10 years
Nasdaq membership  5 years
Schedule of Revenues by Product Categories

The summary of the Company’s total revenues by product categories for the six months ended June 30, 2025 and 2024 was as follows:

 

   For the Six Months Ended 
   June 30, 
   2025   2024 
Equipment structural parts  $1,840,487    26,584,812 
Cubic parking garage   6,240,539    3,136,189 
Maintenance services   60,748    180,149 
Others   3,483    11,890 
Total revenue  $8,145,257   $29,913,040 
Timing of Revenue Recognition:          
Performance obligations satisfied over time  $60,748   $180,149 
Performance obligations satisfied at a point in time   8,084,509    29,732,891 
Total Revenue  $8,145,257   $29,913,040 
Schedule of Currency Exchange Rates Used in Creating Consolidated Financial Statements

The following table outlines the currency exchange rates that were used in creating the consolidated financial statements in this report:

 

      For the Six Months Ended  
      June 30,  
      2025       2024  
Year-end spot rate     US$1=RMB 7.1636       US$1=RMB 7.2672  
Average rate     US$1=RMB 7.2526       US$1=RMB 7.2150