v3.26.3
SCHEDULE OF CONSOLIDATED STATEMENT OF STOCKHOLDERS' DEFICIT (Details) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Current Assets          
Cash $ 7,736,081   $ 7,736,081   $ 10,075,162
Accounts receivable, net 3,150,850   3,150,850   564,523
Inventories, net 515,013   515,013   315,371
Prepayments and deposits, net 8,743,324   8,743,324   6,376,656
Amount due from related parties 25,144   25,144   25,040
Other receivables 105,564   105,564   94,074
Total Current Assets 20,275,976   20,275,976   17,450,826
Non-Current Assets          
Property, plant and equipment, net 83,337,126   83,337,126   89,431,050
Finance lease right-of-use assets 43,788,862   43,788,862   45,155,288
Operating lease right-of-use assets 5,937,515   5,937,515   6,169,855
Prepaid land leases, net of current portion 9,648,863   9,648,863   9,615,269
Deferred tax assets, net    
Total non-current assets 142,712,366   142,712,366   150,371,462
Total Assets 162,988,342 $ 193,926,026 162,988,342 $ 193,926,026 167,822,288
Current Liabilities          
Accounts payable and accrued expenses 6,763,238   6,763,238   6,445,277
Taxes payable-current 298,037   298,037   113,999
Amount due to related parties 2,589,489   2,589,489   2,584,808
Finance lease liabilities, current portion 188,550   188,550   3,342,293
Operating lease liabilities, current portion 162,134   162,134   491,850
Total Current Liabilities 10,001,448   10,001,448   12,978,227
Non-Current Liabilities          
Finance lease liabilities, net of current portion 5,001,392   5,001,392   5,089,884
Operating lease liabilities, net of current portion 6,734,859   6,734,859   6,941,602
Total Non-Current Liabilities 11,736,251   11,736,251   12,031,486
Total Liabilities 21,737,699   21,737,699   25,009,713
Commitment and Contingencies    
Stockholders’ Equity          
PREFERRED STOCK; $0.001 par value; 1,000,000 shares authorized; none outstanding    
COMMON STOCK; $0.0005 par value; 80,000,000 shares authorized; 1,382,114 shares issued; and 1,353,531 shares outstanding as of June 30, 2025 [1] 691   691   560
Treasury stock; 28,583 shares as of June 30, 2025 at cost (1,372,673)   (1,372,673)   (1,372,673)
Additional paid-in capital [1] 105,192,535   105,192,535   101,712,325
Share to be issued     194,700
Retained earnings unappropriated 30,909,340   30,909,340   36,393,884
Retained earnings appropriated 26,667,097   26,667,097   26,667,097
Accumulated other comprehensive loss (20,146,347)   (20,146,347)   (20,783,318)
Total Stockholders’ Equity 141,250,643 166,915,125 141,250,643 166,915,125 142,812,575
Total Liabilities and Stockholders’ Equity 162,988,342   162,988,342   167,822,288
NET REVENUE 8,343,785 2,383,169 9,948,232 3,690,231  
OPERATING COSTS AND EXPENSE          
Cost of revenues (7,366,702) (5,112,058) (8,964,166) (7,231,903)  
Sales and marketing expenses (14,802) (13,633) (19,855) (18,124)  
Direct labor and factory overheads incurred during plant shutdown (727,774) (1,714,503) (3,953,582) (5,449,192)  
General and administrative expenses (1,025,780) (689,972) (2,452,789) (1,407,428)  
TOTAL OPERATING COSTS AND EXPENSE (9,135,058) (7,530,166) (15,390,392) (14,106,647)  
LOSS FROM OPERATIONS (791,273) (5,146,997) (5,442,160) (10,416,416)  
OTHER INCOME (EXPENSE)          
Interest expense (21,674) (24,814) (43,396) (49,644)  
Interest income 1,795 34,791 4,224 70,851  
Other expenses, net (3,212) (3,212) (4,003)  
Loss on disposal of property, plant and equipment   (29,169,008)   (29,169,008)  
TOTAL OTHER INCOME, NET (23,091) (29,159,031) (42,384) (29,151,804)  
LOSS BEFORE INCOME TAXES (814,364) (34,306,028) (5,484,544) (39,568,220)  
Income tax benefit (expense) 1,208,110 2,478,170  
NET LOSS (814,364) (33,097,918) (5,484,544) (37,090,050)  
COMPREHENSIVE LOSS:          
Net loss (814,364) (33,097,918) (5,484,544) (37,090,050)  
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment 388,050 (849,254) 636,971 (1,243,121)  
TOTAL COMPREHENSIVE LOSS $ (426,314) $ (33,947,172) $ (4,847,573) $ (38,333,171)  
BASIC LOSS PER SHARE [2] $ (0.60) $ (30.32) $ (4.32) $ (33.98)  
DILUTED LOSS PER SHARE [2] $ (0.60) $ (30.32) $ (4.32) $ (33.98)  
BASIC WEIGHTED AVERAGE NUMBER OF SHARES 1,353,531 1,091,562 1,270,931 1,091,562  
DILUTED WEIGHTED AVERAGE NUMBER OF SHARES [2] 1,353,531 1,091,562 1,270,931 1,091,562  
Beginning balance $ 141,676,957 $ 200,862,297 $ 142,812,575 $ 205,248,296  
Beginning balance shares outstanding     1,091,562    
Balance. shares     28,583    
Restricted shares to be issued for service $ 196,100  
Acquisition of assets     3,089,541    
Ending balance $ 141,250,643 166,915,125 $ 141,250,643 166,915,125  
Ending balance shares outstanding 1,353,531   1,353,531    
Balance. shares 28,583   28,583    
Balance, shares     (28,583)    
Balance, shares (28,583)   (28,583)    
Common Stock [Member]          
Stockholders’ Equity          
Total Stockholders’ Equity [3] $ 691 560 $ 691 560 560
OTHER INCOME (EXPENSE)          
NET LOSS [3]  
COMPREHENSIVE LOSS:          
Net loss [3]  
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment  
Beginning balance [3] $ 691 $ 560 $ 560 $ 560  
Beginning balance shares issued [3] 1,382,114 1,120,145 1,120,145 1,120,145  
Beginning balance shares outstanding [3] 1,353,531 1,091,562 1,091,562 1,091,562  
Restricted shares to be issued for service $ 28 [3]  
Restricted shares to be issued for service, shares [3]     56,000    
Acquisition of assets [3]     $ 103    
Acquisition of assets, shares [3]     205,969    
Ending balance [3] $ 691 $ 560 $ 691 $ 560  
Ending balance shares issued [3] 1,382,114 1,120,145 1,382,114 1,120,145  
Ending balance shares outstanding [3] 1,353,531 1,091,562 1,353,531 1,091,562  
Treasury Stock, Common [Member]          
Stockholders’ Equity          
Total Stockholders’ Equity $ (1,372,673) $ (1,372,673) $ (1,372,673) $ (1,372,673) (1,372,673)
OTHER INCOME (EXPENSE)          
NET LOSS  
COMPREHENSIVE LOSS:          
Net loss  
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment  
Beginning balance $ (1,372,673) $ (1,372,673) $ (1,372,673) $ (1,372,673)  
Balance. shares [3] 28,583 28,583 28,583 28,583  
Restricted shares to be issued for service  
Acquisition of assets        
Ending balance $ (1,372,673) $ (1,372,673) $ (1,372,673) $ (1,372,673)  
Balance. shares [3] 28,583 28,583 28,583 28,583  
Balance, shares [3] (28,583) (28,583) (28,583) (28,583)  
Balance, shares [3] (28,583) (28,583) (28,583) (28,583)  
Share to be issued [Member]          
Stockholders’ Equity          
Total Stockholders’ Equity 194,700
OTHER INCOME (EXPENSE)          
NET LOSS    
COMPREHENSIVE LOSS:          
Net loss    
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment      
Beginning balance 194,700    
Restricted shares to be issued for service   (194,700)    
Acquisition of assets        
Ending balance  
Additional Paid-in Capital [Member]          
Stockholders’ Equity          
Total Stockholders’ Equity [3] 105,192,535 101,712,325 105,192,535 101,712,325 101,712,325
OTHER INCOME (EXPENSE)          
NET LOSS [3]  
COMPREHENSIVE LOSS:          
Net loss [3]  
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment  
Beginning balance [3] 105,192,535 101,712,325 101,712,325 101,712,325  
Restricted shares to be issued for service 390,772 [3]  
Acquisition of assets [3]     3,089,438    
Ending balance [3] 105,192,535 101,712,325 105,192,535 101,712,325  
Retained Earnings, Unappropriated [Member]          
Stockholders’ Equity          
Total Stockholders’ Equity 30,909,340 59,204,206 30,909,340 59,204,206 36,393,884
OTHER INCOME (EXPENSE)          
NET LOSS (814,364) (33,097,918) (5,484,544) (37,090,050)  
COMPREHENSIVE LOSS:          
Net loss (814,364) (33,097,918) (5,484,544) (37,090,050)  
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment  
Beginning balance 31,723,704 92,302,124 36,393,884 96,294,256  
Restricted shares to be issued for service  
Acquisition of assets        
Ending balance 30,909,340 59,204,206 30,909,340 59,204,206  
Appropriated Retained Earnings [Member]          
Stockholders’ Equity          
Total Stockholders’ Equity 26,667,097 26,667,097 26,667,097 26,667,097 26,667,097
OTHER INCOME (EXPENSE)          
NET LOSS  
COMPREHENSIVE LOSS:          
Net loss  
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment  
Beginning balance 26,667,097 26,667,097 26,667,097 26,667,097  
Restricted shares to be issued for service  
Acquisition of assets        
Ending balance 26,667,097 26,667,097 26,667,097 26,667,097  
AOCI Attributable to Parent [Member]          
Stockholders’ Equity          
Total Stockholders’ Equity (20,146,347) (19,296,390) (20,146,347) (19,296,390) (20,783,318)
OTHER INCOME (EXPENSE)          
NET LOSS  
COMPREHENSIVE LOSS:          
Net loss  
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment 388,050 (849,254) 636,971 (1,243,121)  
Beginning balance (20,534,397) (18,447,136) (20,783,318) (18,053,269)  
Restricted shares to be issued for service  
Acquisition of assets        
Ending balance (20,146,347) (19,296,390) (20,146,347) (19,296,390)  
Previously Reported [Member]          
Current Assets          
Cash 7,736,081   7,736,081   10,075,162
Accounts receivable, net 3,150,850   3,150,850   564,523
Inventories, net 515,013   515,013   315,371
Prepayments and deposits, net 8,743,324   8,743,324   6,376,656
Amount due from related parties 25,144   25,144   25,040
Other receivables 105,564   105,564   94,074
Total Current Assets 20,275,976   20,275,976   17,450,826
Non-Current Assets          
Property, plant and equipment, net 128,694,551   128,694,551   136,143,177
Finance lease right-of-use assets 74,668   74,668   76,868
Operating lease right-of-use assets 5,937,515   5,937,515   6,169,855
Prepaid land leases, net of current portion 9,648,863   9,648,863   9,615,269
Deferred tax assets, net    
Total non-current assets 144,355,597   144,355,597   152,005,169
Total Assets 164,631,573   164,631,573   169,455,995
Current Liabilities          
Accounts payable and accrued expenses 11,551,878   11,551,878   14,323,458
Taxes payable-current 298,037   298,037   113,999
Amount due to related parties 2,589,489   2,589,489   2,584,808
Finance lease liabilities, current portion 188,550   188,550   217,743
Operating lease liabilities, current portion 162,134   162,134   491,850
Total Current Liabilities 14,790,088   14,790,088   17,731,858
Non-Current Liabilities          
Finance lease liabilities, net of current portion 891,801   891,801   1,075,865
Operating lease liabilities, net of current portion 6,734,859   6,734,859   6,941,602
Total Non-Current Liabilities 7,626,660   7,626,660   8,017,467
Total Liabilities 22,416,748   22,416,748   25,749,325
Commitment and Contingencies    
Stockholders’ Equity          
PREFERRED STOCK; $0.001 par value; 1,000,000 shares authorized; none outstanding    
COMMON STOCK; $0.0005 par value; 80,000,000 shares authorized; 1,382,114 shares issued; and 1,353,531 shares outstanding as of June 30, 2025 25,934   25,934   24,623
Treasury stock; 28,583 shares as of June 30, 2025 at cost (1,372,673)   (1,372,673)   (1,372,673)
Additional paid-in capital 105,167,292   105,167,292   101,688,262
Share to be issued         194,700
Retained earnings unappropriated 31,955,527   31,955,527   37,358,804
Retained earnings appropriated 26,667,097   26,667,097   26,667,097
Accumulated other comprehensive loss (20,228,352)   (20,228,352)   (20,854,143)
Total Stockholders’ Equity 142,214,825 166,915,125 142,214,825 166,915,125 143,706,670
Total Liabilities and Stockholders’ Equity 164,631,573   164,631,573   169,455,995
NET REVENUE 8,343,785 2,383,169 9,948,232 3,690,231  
OPERATING COSTS AND EXPENSE          
Cost of revenues (7,357,130) (5,112,058) (8,951,400) (7,231,903)  
Sales and marketing expenses (14,802) (13,633) (19,855) (18,124)  
Direct labor and factory overheads incurred during plant shutdown (727,774) (1,714,503) (3,953,582) (5,449,192)  
General and administrative expenses (994,765) (689,972) (2,384,288) (1,407,428)  
TOTAL OPERATING COSTS AND EXPENSE (9,094,471) (7,530,166) (15,309,125) (14,106,647)  
LOSS FROM OPERATIONS (750,686) (5,146,997) (5,360,893) (10,416,416)  
OTHER INCOME (EXPENSE)          
Interest expense (21,674) (24,814) (43,396) (49,644)  
Interest income 1,795 34,791 4,224 70,851  
Other expenses, net (3,212) (3,212) (4,003)  
Loss on disposal of property, plant and equipment   (29,169,008)   (29,169,008)  
TOTAL OTHER INCOME, NET (23,091) (29,159,031) (42,384) (29,151,804)  
LOSS BEFORE INCOME TAXES (773,777) (34,306,028) (5,403,277) (39,568,220)  
Income tax benefit (expense) 1,208,110 2,478,170  
NET LOSS (773,777) (33,097,918) (5,403,277) (37,090,050)  
COMPREHENSIVE LOSS:          
Net loss (773,777) (33,097,918) (5,403,277) (37,090,050)  
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment 403,775 (849,254) 625,791 (1,243,121)  
TOTAL COMPREHENSIVE LOSS $ (370,002) $ (33,947,172) $ (4,777,486) $ (38,333,171)  
BASIC LOSS PER SHARE $ (0.06) $ (3.09) $ (0.43) $ (3.46)  
DILUTED LOSS PER SHARE $ (0.06) $ (3.09) $ (0.43) $ (3.46)  
BASIC WEIGHTED AVERAGE NUMBER OF SHARES 13,346,618 10,726,924 12,520,613 10,726,924  
DILUTED WEIGHTED AVERAGE NUMBER OF SHARES 13,346,618 10,726,924 12,520,613 10,726,924  
Beginning balance $ 142,584,827 $ 200,862,297 $ 143,706,670 $ 205,248,296  
Restricted shares to be issued for service 3,285,641  
Acquisition of assets        
Ending balance $ 142,214,825 166,915,125 $ 142,214,825 166,915,125  
Ending balance shares outstanding 1,353,531   1,353,531    
Previously Reported [Member] | Common Stock [Member]          
Stockholders’ Equity          
Total Stockholders’ Equity $ 25,934 24,623 $ 25,934 24,623 24,623
OTHER INCOME (EXPENSE)          
NET LOSS  
COMPREHENSIVE LOSS:          
Net loss  
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment  
Beginning balance $ 25,934 $ 24,623 $ 24,623 $ 24,623  
Beginning balance shares issued 13,632,448 11,012,754 11,012,754 11,012,754  
Beginning balance shares outstanding 13,346,618 10,726,924 10,726,924 10,726,924  
Restricted shares to be issued for service $ 1,311  
Restricted shares to be issued for service, shares   2,619,694    
Acquisition of assets        
Acquisition of assets, shares        
Ending balance $ 25,934 $ 24,623 $ 25,934 $ 24,623  
Ending balance shares issued 13,632,448 11,012,754 13,632,448 11,012,754  
Ending balance shares outstanding 13,346,618 10,726,924 13,346,618 10,726,924  
Previously Reported [Member] | Treasury Stock, Common [Member]          
Stockholders’ Equity          
Total Stockholders’ Equity $ (1,372,673) $ (1,372,673) $ (1,372,673) $ (1,372,673) (1,372,673)
OTHER INCOME (EXPENSE)          
NET LOSS  
COMPREHENSIVE LOSS:          
Net loss  
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment  
Beginning balance $ (1,372,673) $ (1,372,673) $ (1,372,673) $ (1,372,673)  
Balance. shares 285,830 285,830 285,830 285,830  
Restricted shares to be issued for service  
Acquisition of assets        
Ending balance $ (1,372,673) $ (1,372,673) $ (1,372,673) $ (1,372,673)  
Balance. shares 285,830 285,830 285,830 285,830  
Balance, shares (285,830) (285,830) (285,830) (285,830)  
Balance, shares (285,830) (285,830) (285,830) (285,830)  
Previously Reported [Member] | Share to be issued [Member]          
Stockholders’ Equity          
Total Stockholders’ Equity 194,700
OTHER INCOME (EXPENSE)          
NET LOSS    
COMPREHENSIVE LOSS:          
Net loss    
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment      
Beginning balance 194,700    
Restricted shares to be issued for service   (194,700)    
Acquisition of assets        
Ending balance  
Previously Reported [Member] | Additional Paid-in Capital [Member]          
Stockholders’ Equity          
Total Stockholders’ Equity 105,167,292 101,688,262 105,167,292 101,688,262 101,688,262
OTHER INCOME (EXPENSE)          
NET LOSS  
COMPREHENSIVE LOSS:          
Net loss  
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment  
Beginning balance 105,167,292 101,688,262 101,688,262 101,688,262  
Restricted shares to be issued for service 3,479,030  
Acquisition of assets        
Ending balance 105,167,292 101,688,262 105,167,292 101,688,262  
Previously Reported [Member] | Retained Earnings, Unappropriated [Member]          
Stockholders’ Equity          
Total Stockholders’ Equity 31,955,527 59,204,206 31,955,527 59,204,206 37,358,804
OTHER INCOME (EXPENSE)          
NET LOSS (773,777) (33,097,918) (5,403,277) (37,090,050)  
COMPREHENSIVE LOSS:          
Net loss (773,777) (33,097,918) (5,403,277) (37,090,050)  
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment  
Beginning balance 32,729,304 92,302,124 37,358,804 96,294,256  
Restricted shares to be issued for service  
Acquisition of assets        
Ending balance 31,955,527 59,204,206 31,955,527 59,204,206  
Previously Reported [Member] | Appropriated Retained Earnings [Member]          
Stockholders’ Equity          
Total Stockholders’ Equity 26,667,097 26,667,097 26,667,097 26,667,097 26,667,097
OTHER INCOME (EXPENSE)          
NET LOSS  
COMPREHENSIVE LOSS:          
Net loss  
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment  
Beginning balance 26,667,097 26,667,097 26,667,097 26,667,097  
Restricted shares to be issued for service  
Acquisition of assets        
Ending balance 26,667,097 26,667,097 26,667,097 26,667,097  
Previously Reported [Member] | AOCI Attributable to Parent [Member]          
Stockholders’ Equity          
Total Stockholders’ Equity (20,228,352) (19,296,390) (20,228,352) (19,296,390) (20,854,143)
OTHER INCOME (EXPENSE)          
NET LOSS  
COMPREHENSIVE LOSS:          
Net loss  
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment 403,775 (849,254) 625,791 (1,243,121)  
Beginning balance (20,632,127) (18,447,136) (20,854,143) (18,053,269)  
Restricted shares to be issued for service  
Acquisition of assets        
Ending balance (20,228,352) (19,296,390) (20,228,352) (19,296,390)  
Revision of Prior Period, Reclassification, Adjustment [Member]          
Current Assets          
Cash    
Accounts receivable, net    
Inventories, net    
Prepayments and deposits, net    
Amount due from related parties    
Other receivables    
Total Current Assets    
Non-Current Assets          
Property, plant and equipment, net [4] (45,357,425)   (45,357,425)   (46,712,127)
Finance lease right-of-use assets [4] 43,714,194   43,714,194   45,078,420
Operating lease right-of-use assets    
Prepaid land leases, net of current portion    
Deferred tax assets, net    
Total non-current assets (1,643,231)   (1,643,231)   (1,633,707)
Total Assets (1,643,231)   (1,643,231)   (1,633,707)
Current Liabilities          
Accounts payable and accrued expenses [5] (4,788,640)   (4,788,640)   (7,878,181)
Taxes payable-current    
Amount due to related parties    
Finance lease liabilities, current portion     3,124,550 [5]
Operating lease liabilities, current portion    
Total Current Liabilities (4,788,640)   (4,788,640)   (4,753,631)
Non-Current Liabilities          
Finance lease liabilities, net of current portion [5] 4,109,591   4,109,591   4,014,019
Operating lease liabilities, net of current portion    
Total Non-Current Liabilities 4,109,591   4,109,591   4,014,019
Total Liabilities (679,049)   (679,049)   (739,612)
Commitment and Contingencies    
Stockholders’ Equity          
PREFERRED STOCK; $0.001 par value; 1,000,000 shares authorized; none outstanding    
COMMON STOCK; $0.0005 par value; 80,000,000 shares authorized; 1,382,114 shares issued; and 1,353,531 shares outstanding as of June 30, 2025 [6] (25,243)   (25,243)   (24,063)
Treasury stock; 28,583 shares as of June 30, 2025 at cost    
Additional paid-in capital [6] 25,243   25,243   24,063
Share to be issued        
Retained earnings unappropriated [7] (1,046,187)   (1,046,187)   (964,920)
Retained earnings appropriated    
Accumulated other comprehensive loss [8] 82,005   82,005   70,825
Total Stockholders’ Equity (964,182)   (964,182)   (894,095)
Total Liabilities and Stockholders’ Equity (1,643,231)   (1,643,231)   (1,633,707)
NET REVENUE  
OPERATING COSTS AND EXPENSE          
Cost of revenues (9,572) [9] (12,766) [10]  
Sales and marketing expenses  
Direct labor and factory overheads incurred during plant shutdown  
General and administrative expenses (31,015) [9] (68,501) [10]  
TOTAL OPERATING COSTS AND EXPENSE (40,587) (81,267)  
LOSS FROM OPERATIONS (40,587) (81,267)  
OTHER INCOME (EXPENSE)          
Interest expense  
Interest income  
Other expenses, net  
Loss on disposal of property, plant and equipment      
TOTAL OTHER INCOME, NET  
LOSS BEFORE INCOME TAXES (40,587) (81,267)  
Income tax benefit (expense)  
NET LOSS (40,587) (81,267) [11],[12]  
COMPREHENSIVE LOSS:          
Net loss (40,587) (81,267) [11],[12]  
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment (15,725) [13] 11,180 [14]  
TOTAL COMPREHENSIVE LOSS $ (56,312) $ (70,087)  
BASIC LOSS PER SHARE $ (0.54) [15] $ (27.23) [15] $ (3.89) [16] $ (30.52) [16]  
DILUTED LOSS PER SHARE $ (0.54) [15] $ (27.23) [15] $ (3.89) [16] $ (30.52) [16]  
BASIC WEIGHTED AVERAGE NUMBER OF SHARES (11,993,087) [15] (9,635,362) [15] (11,249,682) [16] (9,635,362) [16]  
DILUTED WEIGHTED AVERAGE NUMBER OF SHARES (11,993,087) [15] (9,635,362) [15] (11,249,682) [16] (9,635,362) [16]  
Beginning balance     $ (894,095)    
Restricted shares to be issued for service     (3,089,541) [17]  
Ending balance $ (964,182)   (964,182)    
Revision of Prior Period, Reclassification, Adjustment [Member] | Common Stock [Member]          
OTHER INCOME (EXPENSE)          
NET LOSS     [11]  
COMPREHENSIVE LOSS:          
Net loss     [11]  
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment     [18]  
Restricted shares to be issued for service     (1,283) [17]  
Revision of Prior Period, Reclassification, Adjustment [Member] | Treasury Stock, Common [Member]          
OTHER INCOME (EXPENSE)          
NET LOSS     [11]  
COMPREHENSIVE LOSS:          
Net loss     [11]  
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment     [18]  
Restricted shares to be issued for service     [17]  
Revision of Prior Period, Reclassification, Adjustment [Member] | Share to be issued [Member]          
OTHER INCOME (EXPENSE)          
NET LOSS [11]        
COMPREHENSIVE LOSS:          
Net loss [11]        
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment [18]        
Restricted shares to be issued for service [17]        
Revision of Prior Period, Reclassification, Adjustment [Member] | Additional Paid-in Capital [Member]          
OTHER INCOME (EXPENSE)          
NET LOSS     [11]  
COMPREHENSIVE LOSS:          
Net loss     [11]  
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment     [18]  
Restricted shares to be issued for service     (3,088,258) [17]  
Revision of Prior Period, Reclassification, Adjustment [Member] | Retained Earnings, Unappropriated [Member]          
OTHER INCOME (EXPENSE)          
NET LOSS     (81,267) [11]  
COMPREHENSIVE LOSS:          
Net loss     (81,267) [11]  
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment     [18]  
Restricted shares to be issued for service     [17]  
Revision of Prior Period, Reclassification, Adjustment [Member] | Appropriated Retained Earnings [Member]          
OTHER INCOME (EXPENSE)          
NET LOSS     [11]  
COMPREHENSIVE LOSS:          
Net loss     [11]  
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment     [18]  
Restricted shares to be issued for service     [17]  
Revision of Prior Period, Reclassification, Adjustment [Member] | AOCI Attributable to Parent [Member]          
OTHER INCOME (EXPENSE)          
NET LOSS     [11]  
COMPREHENSIVE LOSS:          
Net loss     [11]  
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment     11,180 [18]  
Restricted shares to be issued for service     [17]  
Revision of Prior Period, Adjustment [Member]          
Stockholders’ Equity          
Total Stockholders’ Equity [21] (964,182) [19],[20] [20] (964,182) [19],[20] [20] (894,095) [11]
OTHER INCOME (EXPENSE)          
NET LOSS (40,587) [19]      
COMPREHENSIVE LOSS:          
Net loss (40,587) [19]      
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment (15,725) [22]      
Beginning balance (907,870) [19],[20] [20] (894,095) [11],[21] [21]  
Restricted shares to be issued for service        
Acquisition of assets [17]     3,089,541    
Ending balance [20],[21] (964,182) [19] (964,182) [19]  
Revision of Prior Period, Adjustment [Member] | Common Stock [Member]          
Stockholders’ Equity          
Total Stockholders’ Equity [21] (25,243) [19],[20] (24,063) [20] (25,243) [19],[20] (24,063) [20] (24,063) [11]
OTHER INCOME (EXPENSE)          
NET LOSS [19]      
COMPREHENSIVE LOSS:          
Net loss [19]      
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment [22]      
Beginning balance $ (25,243) [19],[20] $ (24,063) [20] $ (24,063) [11],[21] $ (24,063) [21]  
Beginning balance shares issued (12,250,334) [19],[20] (9,892,609) [20] (9,892,609) [11],[21] (9,892,609) [21]  
Beginning balance shares outstanding (11,993,087) [19],[20] (9,635,362) [20] (9,635,362) [11],[21] (9,635,362) [21]  
Restricted shares to be issued for service        
Restricted shares to be issued for service, shares [17]     (2,563,694)    
Acquisition of assets [17]     $ 103    
Ending balance [20],[21] $ (25,243) [19] $ (24,063) $ (25,243) [19] $ (24,063)  
Ending balance shares issued [20],[21] (12,250,334) [19] (9,892,609) (12,250,334) [19] (9,892,609)  
Ending balance shares outstanding [20],[21] (11,993,087) [19] (9,635,362) (11,993,087) [19] (9,635,362)  
Revision of Prior Period, Adjustment [Member] | Treasury Stock, Common [Member]          
Stockholders’ Equity          
Total Stockholders’ Equity [21] [19],[20] [20] [19],[20] [20] [11]
OTHER INCOME (EXPENSE)          
NET LOSS [19]      
COMPREHENSIVE LOSS:          
Net loss [19]      
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment [22]      
Beginning balance [19],[20] [20] [11],[21] [21]  
Balance. shares 257,247 [19],[20] 257,247 [20] 257,247 [11],[21] 257,247 [21]  
Restricted shares to be issued for service        
Acquisition of assets [17]        
Ending balance [20],[21] [19] [19]  
Balance. shares [20],[21] 257,247 [19] 257,247 257,247 [19] 257,247  
Balance, shares (257,247) [19],[20] (257,247) [20] (257,247) [11],[21] (257,247) [21]  
Balance, shares [20],[21] (257,247) [19] (257,247) (257,247) [19] (257,247)  
Revision of Prior Period, Adjustment [Member] | Share to be issued [Member]          
Stockholders’ Equity          
Total Stockholders’ Equity [19],[20],[21] [20] [19],[20],[21] [20] [11],[21]
OTHER INCOME (EXPENSE)          
NET LOSS [19]      
COMPREHENSIVE LOSS:          
Net loss [19]      
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment [22]        
Beginning balance [19],[20] [20] [11],[21]    
Acquisition of assets [17]        
Ending balance [20] [19],[21] [19],[21]  
Revision of Prior Period, Adjustment [Member] | Additional Paid-in Capital [Member]          
Stockholders’ Equity          
Total Stockholders’ Equity [21] 25,243 [19],[20] 24,063 [20] 25,243 [19],[20] 24,063 [20] 24,063 [11]
OTHER INCOME (EXPENSE)          
NET LOSS [19]      
COMPREHENSIVE LOSS:          
Net loss [19]      
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment [22]      
Beginning balance 25,243 [19],[20] 24,063 [20] 24,063 [11],[21] 24,063 [21]  
Restricted shares to be issued for service        
Acquisition of assets [17]     3,089,438    
Ending balance [20],[21] 25,243 [19] 24,063 25,243 [19] 24,063  
Revision of Prior Period, Adjustment [Member] | Retained Earnings, Unappropriated [Member]          
Stockholders’ Equity          
Total Stockholders’ Equity [21] (1,046,187) [19],[20] [20] (1,046,187) [19],[20] [20] (964,920) [11]
OTHER INCOME (EXPENSE)          
NET LOSS (40,587) [19]      
COMPREHENSIVE LOSS:          
Net loss (40,587) [19]      
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment [22]      
Beginning balance (1,005,600) [19],[20] [20] (964,920) [11],[21] [21]  
Restricted shares to be issued for service        
Acquisition of assets [17]        
Ending balance [20],[21] (1,046,187) [19] (1,046,187) [19]  
Revision of Prior Period, Adjustment [Member] | Appropriated Retained Earnings [Member]          
Stockholders’ Equity          
Total Stockholders’ Equity [21] [19],[20] [20] [19],[20] [20] [11]
OTHER INCOME (EXPENSE)          
NET LOSS [19]      
COMPREHENSIVE LOSS:          
Net loss [19]      
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment [22]      
Beginning balance [19],[20] [20] [11],[21] [21]  
Restricted shares to be issued for service        
Acquisition of assets [17]        
Ending balance [20],[21] [19] [19]  
Revision of Prior Period, Adjustment [Member] | AOCI Attributable to Parent [Member]          
Stockholders’ Equity          
Total Stockholders’ Equity [21] 82,005 [19],[20] [20] 82,005 [19],[20] [20] $ 70,825 [11]
OTHER INCOME (EXPENSE)          
NET LOSS [19]      
COMPREHENSIVE LOSS:          
Net loss [19]      
OTHER COMPREHENSIVE (LOSS) INCOME          
Currency translation adjustment (15,725) [22]      
Beginning balance 97,730 [19],[20] [20] 70,825 [11],[21] [21]  
Restricted shares to be issued for service        
Acquisition of assets [17]        
Ending balance [20],[21] $ 82,005 [19] $ 82,005 [19]  
[1] The shares and per share data are presented on a retroactive basis to reflect the stock split.
[2] The shares and per share data are presented on a retroactive basis to reflect the stock split.
[3] The shares and per share data are presented on a retroactive basis to reflect the stock split.
[4] As of December 31, 2024, in the fixed assets, the original value of the buildings subject to reclassification amounted to $68,476,868. The Company reclassified them based on their acquisition methods. The self-built portion was reclassified as “leasehold improvements” in the property, plant and equipment, with an original value of $3,507,367. The leased portion was reclassified as finance lease right-of-use assets, with an original value of $64,189,590, accumulated amortization of $19,111,170, and a net value of $45,078,720.
[5] The amount in accounts payable and accrued expenses was reclassified as finance lease liability relating to the salt pans.
[6] The change in common stock and additional paid-in capital is due to the Company’s 1-for-10 reverse stock split on October 27, 2025.
[7] Regarding the decrease in retained earnings unappropriated, the main reason was the increase in expenses. The increase in expenses is mainly due to the reclassification of the financial lease right-of-use asset. Previously, depreciation was calculated after deducting 5% residual value from the fixed assets, but now there is no residual value for amortization of finance lease right-of-use asset calculation.
[8] The change in the accumulated other comprehensive loss represents the foreign currency translation differences in the financial statements.
[9] The increase in cost of revenue and general and administrative expenses were due to the reclassification of finance lease right-of-use asset. Previously, depreciation was calculated after deducting 5% residual value from the fixed assets, but now there is no residual value for amortization of finance lease right-of-use asset calculation.
[10] The increase in cost of revenue and general and administrative expenses were due to the reclassification of finance lease right-of-use asset. Previously, depreciation was calculated after deducting 5% residual value from the fixed assets, but now there is no residual value for amortization of finance lease right-of-use asset calculation.
[11] Regarding the decrease in retained earnings unappropriated, the main reason was that cost of revenue and general and administrative expenses increased. The increase of expenses was due to the reclassification of finance lease right-of-use asset. Previously, depreciation was calculated after deducting 5% residual value from the fixed assets, but now there is no residual value for amortization of finance lease right-of-use asset calculation.
[12] Regarding the increase in net loss, the main reason was that cost of revenue and general and administrative expenses increased. The increase in expenses was due to the reclassification of finance lease right-of-use asset. Previously, depreciation was calculated after deducting 5% residual value from the fixed assets, but now there is no residual value for amortization of finance lease right-of-use asset calculation.
[13] The change in the accumulated other comprehensive loss represents the foreign currency translation differences in the financial statements.
[14] The change in the accumulated other comprehensive loss represents the foreign currency translation differences in the financial statements.
[15] The change in basic and diluted loss per share is due to the Company’s 1-for-10 reverse stock split on October 27, 2025.
[16] The change in basic and diluted loss per share is due to the Company’s 1-for-10 reverse stock split on October 27, 2025.
[17] The amount originally classified as restricted shares to be issued for service was reclassified to acquisition of assets, as the shares were issued in connection with the asset acquisition.
[18] The change in the accumulated other comprehensive loss represents the foreign currency translation differences in the financial statements.
[19] Regarding the decrease in retained earnings unappropriated, the main reason was that cost of revenue and general and administrative expenses increased. The increase of expenses was due to the reclassification of finance lease right-of-use asset. Previously, depreciation was calculated after deducting 5% residual value from the fixed assets, but now there is no residual value for amortization of finance lease right-of-use asset calculation.
[20] The change in common stock and additional paid-in capital is due to the Company’s 1-for-10 reverse stock split on October 27, 2025.
[21] The change in common stock and additional paid-in capital is due to the Company’s 1-for-10 reverse stock split on October 27, 2025.
[22] The change in the accumulated other comprehensive loss represents the foreign currency translation differences in the financial statements.