BANK LOANS (Tables)
|
6 Months Ended |
Jun. 30, 2026 |
|---|
| Debt Disclosure [Abstract] |
|
| SCHEDULE OF SHORT-TERM BANK LOANS |
(a)
Short-term bank loans
SCHEDULE
OF SHORT-TERM BANK LOANS
| | |
June 30, 2026 | | |
December
31, 2025 | |
| | |
| (Unaudited) | | |
| | |
| Secured short-term loans (1) | |
$ | 1,471,130 | | |
$ | 2,144,025 | |
| Unsecured short-term loans (2) | |
| 3,736,670 | | |
| 1,542,269 | |
| Add: amounts due within one year under long-term loan contracts | |
| 328,356 | | |
| 319,031 | |
| Total short-term bank loans | |
$ | 5,536,156 | | |
$ | 4,005,325 | |
| (1) | | Detailed information
of secured short-term loan balances as of June 30, 2026 and December 31, 2025 were as follows: |
| (2) | | Unsecured short-term
loans are fiduciary bank loans, bearing fixed interest rates, ranging from 3.0% to 3.6%, due within one year. |
|
| SCHEDULE OF SECURED SHORT-TERM LOAN BALANCES |
SCHEDULE
OF SECURED SHORT-TERM LOAN BALANCES
| | |
June 30, 2026 | | |
December
31, 2025 | |
| | |
| (Unaudited) | | |
| | |
| Guaranteed by Mr. Lin and IST HK | |
$ | 1,471,130 | | |
$ | 1,429,350 | |
| Guaranteed by Mr. Lin and Mr. Du Yong | |
| - | | |
| 714,675 | |
| Total | |
$ | 1,471,130 | | |
$ | 2,144,025 | |
|
| SCHEDULE OF LONG-TERM BANK LOANS |
(b)
Long-term bank loans
SCHEDULE
OF LONG-TERM BANK LOANS
| | |
June 30, 2026 | | |
December
31, 2025 | |
| | |
| (Unaudited) | | |
| | |
| Secured long-term loans | |
$ | 6,065,321 | | |
$ | 6,052,583 | |
| Less: amounts due within one year under long-term loan contracts | |
| (328,356 | ) | |
| (319,031 | ) |
| Total long-term bank loans | |
$ | 5,736,965 | | |
$ | 5,733,552 | |
|
| SCHEDULE OF SECURED LONG-TERM BANK LOAN BALANCES |
Detailed
information of secured long-term loan balances as of June 30, 2026 and December 31, 2025 were as follows:
SCHEDULE
OF SECURED LONG-TERM BANK LOAN BALANCES
| | |
June 30, 2026 | | |
December
31, 2025 | |
| | |
| (Unaudited) | | |
| | |
| Guaranteed by ISIOT and Mr. Lin and Collateralized by real property of ISIOT, future rental income of ISIOT, patents of Biznest, and equity investment of IST HK | |
$ | 1,000,368 | | |
$ | 1,066,296 | |
| Collateralized by office buildings of IST and guaranteed by Mr. Lin | |
| 4,464,732 | | |
| 4,364,520 | |
| Guaranteed by Biznest, ISIOT, IST, and Mr. Lin and Collateralized by real property of ISIOT, office buildings of IST, patents of TNM, and future rental income of ISIOT | |
| 600,221 | | |
| 621,767 | |
| Total | |
$ | 6,065,321 | | |
$ | 6,052,583 | |
|