| Schedule of Estimated Useful Lives |
Property, plant and equipment are stated at cost
less accumulated depreciation and impairment, if any. Depreciation is computed using the straight-line method over the estimated useful
lives of the assets. The estimated useful lives are as follows:
| Category | |
| Estimated
useful lives | |
| Building | |
| 30 years | |
| Office Equipment | |
| 5 years | |
| Electronic equipment | |
| 3 to 5 years | |
| Vehicles | |
| 4 years | |
| Machinery Equipment | |
| 10 years | |
| Building Improvement | |
| 10 years | |
|
| Schedule of Disaggregation of Revenue |
The Company’s disaggregation of revenue for the years ended December 31,
2025, 2024 and 2023 are as follows:
| | |
Years ended December 31, | |
| | |
2025 | | |
2024 | | |
2023 | |
| Revenue from sales of injection molding machine-dedicated manipulator arms and installation and warranty services | |
$ | 9,066,136 | | |
$ | 10,328,959 | | |
$ | 9,815,219 | |
| Revenue from sales of accessories of manipulator arms | |
| 2,268,297 | | |
| 1,437,989 | | |
| 998,034 | |
| Revenue from sales of raw materials | |
| 4,596,217 | | |
| 3,917,718 | | |
| 1,662,923 | |
| Revenue from sales of scraps of manipulator arms | |
| 39,849 | | |
| 16,875 | | |
| — | |
| Revenue from installation services | |
| 47,753 | | |
| 95,442 | | |
| 134,697 | |
| Revenue from new energy sector-focused products | |
| 2,388,597 | | |
| — | | |
| — | |
| Total revenue | |
$ | 18,406,849 | | |
$ | 15,796,983 | | |
$ | 12,610,873 | |
|