v3.26.1
Accrued Expenses and Other Payables - Schedule of Accrued Expenses and Other Payables (Details) - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Schedule of Accrued Expenses and Other Payables [Abstract]    
Construction costs payable $ 11,597,122 $ 14,311,903
Equipment purchase payable 50,297,177 51,082,600
Liquidated damages [1] 1,210,119 1,210,119
Accrued staff costs 9,500,859 8,633,536
Customer deposits 18,471,053 12,816,577
Deferred revenue 16,068,523 15,841,985
Accrued expenses 3,714,389 3,161,542
Interest payables 83,242 82,157
Other tax payables 1,099,884 1,318,816
Dividend payable to non-controlling interest to Hitrans 1,290,232 1,271,109
Payables to suppliers for non-operating agency-based service 6,402,034 2,632,714
Derivatives liabilities (note 19) 2,287,144 728,423
Other payable 651,230 560,467
Total Accrued expenses and other payables $ 122,673,008 $ 113,651,948
[1] On August 15, 2006, the SEC declared effective a post-effective amendment that the Company had filed on August 4, 2006, terminating the effectiveness of a resale registration statement on Form SB-2 that had been filed pursuant to a registration rights agreement with certain shareholders to register the resale of shares held by those shareholders. The Company subsequently filed Form S-1 for these shareholders. On December 8, 2006, the Company filed its Annual Report on Form 10-K for the year ended September 30, 2006 (the “2006 Form 10-K”). After the filing of the 2006 Form 10-K, the Company’s previously filed registration statement on Form S-1 was no longer available for resale by the selling shareholders whose shares were included in such Form S-1. Under the registration rights agreement, those selling shareholders became eligible for liquidated damages from the Company relating to the above two events totaling approximately $1,051,000. As of December 31, 2025 and March 31, 2026, no liquidated damages relating to both events have been paid.