| Property, plant, and equipment, net |
| 8. | Property, plant, and equipment, net |
Property, plant, and equipment, net consist of the following: | | | June 30,
2026 | | | December 31,
2025 | | | At Cost: | | | | | | | | Land | | $ | 69,366 | | | $ | 72,324 | | | Real property and building | | | 8,263,902 | | | | 8,616,300 | | | Machinery and equipment | | | 4,691,764 | | | | 4,891,835 | | | Vehicle | | | 53,859 | | | | 56,155 | | | Construction in progress | | | 756,398 | | | | 28,892 | | | Subtotal | | | 13,835,289 | | | | 13,665,506 | | | Less: Accumulated depreciation | | | (3,667,465 | ) | | | (3,380,937 | ) | | Total, net | | $ | 10,167,824 | | | $ | 10,284,569 | | Depreciation expenses for the six months ended June 30, 2026 and 2025 were $434,996 and 456,709, respectively as follows: | | | Six Months Ended
June 30, | | | | | 2026 | | | 2025 | | | Depreciation expenses-Selling, general and admin | | $ | 98,533 | | | $ | 159,492 | | | Depreciation-Manufacturing costs (1) | | | 336,463 | | | | 297,217 | | | Total | | $ | 434,996 | | | $ | 456,709 | | | (1) | Represents total depreciation incurred for manufacturing operations, which is capitalized into cost of inventory. | For the six months ended June 30, 2026 and 2025, no impairment loss was recognized for the Company’s property, plant and equipment.
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