v3.26.3
Property, Plant and Equipment, Net
 6 Months Ended
Jun. 30, 2026
Property, Plant and Equipment, Net [Abstract]  
Property, plant and equipment, net

Note 8. Property, plant and equipment, net

 

Property, plant and equipment, net consisted of the following:

 

    As of
June 30,
2026		     As of
December 31,
2025		  
Building   $ 2,942,232       2,854,717  
Office Equipment     211,015       201,070  
Electronic Equipment     229,412       222,589  
Vehicles     258,525       248,259  
Machinery Equipment     508,343       493,223  
Building Improvement     1,399,360       1,357,738  
Construction in progress     12,777,159       787,620  
Subtotal   $ 18,326,046     $ 6,165,216  
Less: accumulated depreciation     (2,124,516 )     (1,916,423 )
Total   $ 16,201,530     $ 4,248,793  

 

As of June 30, 2026 and December 31, 2025, the buildings have been pledged for the purpose of obtaining bank loans.

 

Depreciation expenses for the six months ended June 30, 2026 and 2025 amounted to $147,662 and $115,496, respectively.

 

For the six months ended June 30, 2026, the depreciation expenses included in the cost of sales, general and administrative expenses, selling expenses, and research and development expenses were approximately $38,892, $104,233, $787, and $3,750, respectively.

 

For the six months ended June 30, 2025, the depreciation expenses included in the cost of sales, general and administrative expenses, selling expenses, and research and development expenses were approximately $35,995, $73,976, $2,311, and $3,214, respectively.