NOTE 10 –PAYABLE AND ACCRUED EXPENSES
Payables and accrued expenses consist of the following:
Payable and Accrued
Expenses - Schedule of Accounts Payable and Accrued Liabilities
| | |
March 31, | |
December 31, |
| | |
2026 | |
2025 |
| Accounts payable | |
$ | 434,275 | | |
$ | 146,148 | |
| Salary payable | |
| 166,867 | | |
| 155,257 | |
| Social security insurance contribution payable | |
| 243,874 | | |
| 240,079 | |
| Accrued expense for construction | |
| 54,991 | | |
| 526,298 | |
| Accrued expense-others (1) | |
| 1,271,018 | | |
| 814,585 | |
| Total | |
$ | 2,171,025 | | |
$ | 1,882,367 | |
(1) Accrued expense-others mainly included
accrued professional fees and accrued interest payable that is disputed by the Company in connection with its borrowing from
Shouguang Industrial and Commercial Bank Co., Ltd.
| (1) |
Accrued expense-others mainly included
accrued professional fees and accrued interest payable that is disputed by the Company in connection with its borrowing from
Shouguang Industrial and Commercial Bank Co., Ltd. |
|