v3.26.1
Discontinued Operations and Deconsolidation - Schedule of Balance Sheets and the Results of Operations of the Company Classified as Discontinued Operations (Details) - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
CURRENT ASSETS:      
Cash and cash equivalents $ 28,145  
Accounts receivable, net 19,498,525  
Other receivables - related parties 1,204,797  
Other receivables, net 3,857,418  
Prepayments 8,650,189  
Inventories, net 1,427,716  
TOTAL CURRENT ASSETS 34,666,790  
Plant and equipment, net 8,904,131  
Right-of-use asset, net 13,826  
Deferred tax assets 187,392  
Land-use rights, net 2,068,275  
Intangible assets, net 11,849  
TOTAL NON-CURRENT ASSETS 11,185,473  
TOTAL ASSETS 45,852,263  
CURRENT LIABILITIES:      
Short-term bank loans 8,624,210  
Accounts payable 2,680,301  
Accrued liabilities and other payables 929,387  
Deposit received 29,275  
Taxes payable 842,332  
Other payables - related parties 101,380  
Lease liability 14,770  
TOTAL CURRENT LIABILITIES 13,221,655  
Long-term bank loan 2,920,942  
Long-term account payable 1,654,129  
TOTAL NON-CURRENT LIABILITIES 4,575,071  
TOTAL LIABILITIES 17,796,726  
SHAREHOLDERS’ EQUITY      
Additional paid-in capital 3,862,919  
Retained earnings 16,952,112  
Accumulated other comprehensive loss (4,792,129)  
TOTAL HUACHEN CAYMAN SHAREHOLDERS’ EQUITY 16,022,902  
Non-controlling interest 12,032,635  
TOTAL SHAREHOLDERS’ EQUITY 28,055,537  
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 45,852,263  
REVENUE      
Revenue 8,319,958 40,944,770 $ 34,279,022
Total revenue 8,319,958 40,944,770 34,279,022
COST OF REVENUE AND RELATED TAX 5,606,134 35,226,302 28,072,748
GROSS PROFIT 2,713,824 5,718,468 6,206,274
OPERATING EXPENSES      
Selling and marketing expenses 489 172,677 159,303
General and administrative expenses 1,278,226 2,830,090 2,991,355
Research and development expenses 43,860 378,793 457,523
Total operating expenses 1,322,575 3,381,560 3,608,181
INCOME FROM OPERATIONS 1,391,249 2,336,908 2,598,093
Interest expense, net (22,494) (608,851) (815,657)
Other income, net 56,376 183,866 234,884
Total other income(expense), net 33,882 (424,985) (580,773)
INCOME BEFORE INCOME TAX PROVISION 1,425,131 1,911,923 2,017,320
INCOME TAXE EXPENSE 6 322,414 1,220
INCOME FROM DISCONTINUED OPERATIONS 1,425,125 1,589,509 2,016,100
Net income attributable to the noncontrolling interest 331,626 15,880 195,140
Net income attributable to common shareholders 1,093,499 1,573,629 1,820,960
OTHER COMPREHENSIVE INCOME      
Foreign currency translation loss (4,792,129) (395,067) (1,770,360)
Other comprehensive loss, net of tax (4,792,129) (395,067) (1,770,360)
TOTAL COMPREHENSIVE (LOSS) INCOME FROM DISCONTINUED OPERATIONS $ (3,367,004) $ 1,194,442 $ 245,740