v3.25.3
Investments
 6 Months Ended
Jun. 30, 2025
Investments [Abstract]  
INVESTMENTS

NOTE 3 – INVESTMENTS

 

Short-term investments consist of trading stock and debt securities, which include trading securities and held-to-maturity debt securities issued by commercial banks with maturity within one year. Long-term investments consist of wealth management products with maturity over one year. Investments consisted of the following.

 

   June 30,
2025		   Quoted prices
in active
markets
(level 1)		   Significant
other
observable
inputs
(level 2)		   Significant
other
unobservable
inputs
(level 3)		 
    (Unaudited)             
Short-term investments                
Trading securities  $3,019,240   $3,019,240   $
         -
   $
          -
 
Held-to-maturity debt securities   18,581,487    18,581,487    
-
    
-
 
Total  $21,600,727   $21,600,727   $
-
   $
-
 

 

   December 31,
2024		   Quoted prices
in active
markets
(level 1)		   Significant
other
observable
inputs
(level 2)		   Significant
other
unobservable
inputs
(level 3)		 
Short-term investments                
Trading securities  $5,355,552   $5,355,552   $
          -
   $
          -
 
Held-to-maturity debt securities   17,576,988    17,576,988    
-
    
-
 
Total  $22,932,540   $22,932,540   $
-
   $
-
 

 

Net investment gain for the six months ended June 30, 2025 and 2024 consists of the following:

 

   2025   2024 
   (Unaudited)   (Unaudited) 
Gain (loss) from sales of short-term investments:        
Trading securities  $24,849   $(3,584)
Held-to-maturity debt securities   15,616    
-
 
Unrealized gain of short-term investments:          
Trading securities   41,998    25,305 
Held-to-maturity debt securities   
-
    166,383 
Unrealized gain of long-term investments:          
Held-to-maturity debt securities   
-
    40,000 
Net investment gain  $82,463   $228,104