v3.26.3
Short-Term Bank Loans (Tables)
 6 Months Ended
Jun. 30, 2026
Short-Term Bank Loans [Abstract]  
Schedule of Short-Term Bank Loans

Short-term bank loans consisted of the following:

 

    As of
June 30,
2026		     As of
December 31,
2025		  
Fujian Rural Commercial Bank   $ 368,454     $ 357,495  
Industrial and Commercial Bank of China     4,391,978       4,261,344  
China Merchants Bank     2,208,658       —  
Total short-term bank loans   $ 6,969,090     $ 4,618,839  
Schedule of Short-Term Loans

Short-term loans as of June 30, 2026 consisted of following:

 

As of June 30, 2026 short-term bank loans   Loan
commencement
date		   Loan
maturity
date		   Loan
amount
in RMB		     Loan
amount
in USD		     Effective
interest
rate		  
Industrial and Commercial Bank of China   July 28, 2025   July 10, 2026     6,780,000     $ 999,248       1.30 %
Industrial and Commercial Bank of China   July 28, 2025   July 14, 2026     6,170,000       909,345       1.30 %
Industrial and Commercial Bank of China   July 28, 2025   July 16, 2026     7,050,000       1,039,041       1.30 %
Industrial and Commercial Bank of China   April 1, 2026   March 12, 2027     7,000,000       1,031,675       1.30 %
Industrial and Commercial Bank of China   April 8, 2026   April 7, 2027     2,800,000       412,669       1.30 %
Fujian Rural Commercial Bank   August 29, 2025   August 29, 2026     2,500,000       368,454       4.95 %
China Merchants Bank   February 11, 2026   February 10, 2027     4,073,940       600,424       2.80 %
China Merchants Bank   February 13, 2026   February 12, 2027     1,254,032       184,821       2.80 %
China Merchants Bank   March 20, 2026   March 19, 2027     5,228,000       770,512       1.70 %
China Merchants Bank   March 31, 2026   March 30, 2027     2,100,000       309,502       1.70 %
China Merchants Bank   April 14, 2026   April 13, 2027     1,250,000       184,227       1.70 %
China Merchants Bank   April 23, 2026   April 22, 2027     1,080,000       159,172       1.70 %
Total short-term bank loans as of June 30, 2026             47,285,972     $ 6,969,090          

 

Short-term loans as of December 31, 2025 consisted of following:

 

For the year ended December 31, 2025 short-term bank loans   Loan
commencement
date		   Loan
maturity
date		   Loan
amount
in RMB		     Loan
amount
in USD		     Effective
interest
rate		  
Industrial and Commercial Bank of China   July 28, 2025   July 10, 2026     6,780,000     $ 969,527       1.30 %
Industrial and Commercial Bank of China   July 28, 2025   July 14, 2026     6,170,000       882,298       1.30 %
Industrial and Commercial Bank of China   July 28, 2025   July 16, 2026     7,050,000       1,008,137       1.30 %
Industrial and Commercial Bank of China   May 21, 2025   May 7, 2026     7,000,000       1,000,987       3.85 %
Industrial and Commercial Bank of China   February 28, 2025   February 6, 2026     2,800,000       400,395       3.85 %
Fujian Rural Commercial Bank   August 29, 2025   August 29, 2026     2,500,000       357,495       4.95 %
Total short-term bank loans as of December 31, 2025             32,300,000     $ 4,618,839