MOTOR VEHICLE |
12 Months Ended | |||
|---|---|---|---|---|
Dec. 31, 2025 | ||||
| Property, Plant and Equipment [Abstract] | ||||
| MOTOR VEHICLE |
In April 2023, the Company purchased a motor vehicle for approximately $143,231 (RMB1,012,301). A motor vehicle is recorded at cost less accumulated depreciation. Gains or losses on disposals are reflected as gain or loss in the period of disposal. All ordinary repair and maintenance costs are expensed as incurred.
Depreciation of a motor vehicle is computed using the straight-line method over the estimated useful lives of 5 years. Depreciation expense recorded for the year ended December 31, 2025 and 2024 was $26,760 and $26,748, respectively.
As of December 31, 2025 net book value of a motor vehicle was $71,413.
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