v3.26.1
Schedule I - Parent Only Financial Information - Condensed Balance Sheets (Details) - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Current Assets      
Prepayments and deposits $ 6,376,656 $ 8,395,290  
Total Current Assets 17,450,826 86,069,591  
Non-Current Assets      
Total non-current assets 150,371,462 140,602,117  
Total Assets 167,822,288 226,671,708  
Current Liabilities      
Other payables and accrued expenses 6,445,277 8,833,936  
Total Current Liabilities 12,978,227 12,585,207  
Total Liabilities 25,009,713 21,423,412  
Stockholders’ Equity      
PREFERRED STOCK; $0.001 par value; 1,000,000 shares authorized; none outstanding  
Preferred stock, par value $ 0.001 $ 0.001  
Preferred stock, shares authorized 1,000,000 1,000,000  
Preferred stock, shares outstanding 0 0  
COMMON STOCK; $0.0005 par value; 80,000,000 shares authorized; 1,120,145 shares issued; and 1,091,562 shares outstanding as of December 31, 2024 and December 31, 2023(1) [1] $ 560 $ 560  
Common stock, par value $ 0.0005 $ 0.0005  
Common stock, shares authorized 80,000,000 80,000,000  
Common stock, shares issued 1,120,145 1,120,145  
Common stock, shares outstanding 1,091,562 1,091,562  
Treasury stock; 28,583 shares as of December 31, 2024, and December 31, 2023, at cost $ 1,372,673 $ 1,372,673  
Treasury stock, shares 28,583 28,583  
Additional paid-in capital [1] $ 101,712,325 $ 101,712,325  
Share to be issued 194,700  
Retained earnings unappropriated 36,393,884 96,294,256  
Retained earnings appropriated 26,667,097 26,667,097  
Accumulated other comprehensive loss (20,783,318) (18,053,269)  
Total Stockholders’ Equity 142,812,575 205,248,296 $ 271,618,205
Total Liabilities and Stockholders’ Equity 167,822,288 226,671,708  
Parent Company      
Current Assets      
Prepayments and deposits  
Total Current Assets  
Non-Current Assets      
Interests in subsidiaries 82,861,465 144,749,406  
Amounts due from group companies 61,943,090 62,288,744  
Deferred tax assets, net  
Total non-current assets 144,804,555 207,038,150  
Total Assets 144,804,555 207,038,150  
Current Liabilities      
Other payables and accrued expenses 387,168 185,042  
Amounts due to related parties 1,462,110 1,462,110  
Amounts due to group companies 142,702 142,702  
Total Current Liabilities 1,991,980 1,789,854  
Total Liabilities 1,991,980 1,789,854  
Stockholders’ Equity      
PREFERRED STOCK; $0.001 par value; 1,000,000 shares authorized; none outstanding  
Preferred stock, par value $ 0.001 $ 0.001  
Preferred stock, shares authorized 1,000,000 1,000,000  
Preferred stock, shares outstanding 0 0  
COMMON STOCK; $0.0005 par value; 80,000,000 shares authorized; 1,120,145 shares issued; and 1,091,562 shares outstanding as of December 31, 2024 and December 31, 2023(1) $ 560 $ 560  
Common stock, par value $ 0.0005 $ 0.0005  
Common stock, shares authorized 80,000,000 80,000,000  
Common stock, shares issued 1,120,145 1,120,145  
Common stock, shares outstanding 1,091,562 1,091,562  
Treasury stock; 28,583 shares as of December 31, 2024, and December 31, 2023, at cost $ (1,372,673) $ (1,372,673)  
Treasury stock, shares 28,583 28,583  
Additional paid-in capital $ 101,712,325 $ 101,712,325  
Share to be issued 194,700  
Retained earnings unappropriated 36,393,884 96,294,256  
Retained earnings appropriated 26,667,097 26,667,097  
Accumulated other comprehensive loss (20,783,318) (18,053,269)  
Total Stockholders’ Equity 142,812,575 205,248,296  
Total Liabilities and Stockholders’ Equity $ 144,804,555 $ 207,038,150  
[1] The shares and per share data are presented on a retroactive basis to reflect the stock split.