v3.26.3
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
SCHEDULE OF FOREIGN CURRENCY TRANSLATION EXCHANGE RATES

 

Six months ended June 30, 2026                
Balance sheet, except for equity accounts     RMB       6.7851 to US$1.00  
Income statement and cash flows     RMB       6.8624 to US$1.00  
                 
Year ended December 31, 2025                
Balance sheet, except for equity accounts     RMB       6.9931 to US$1.00  
Income statement and cash flows     RMB       7.1875 to US$1.00    
                 
Six months ended June 30, 2025                
Balance sheet, except for equity accounts     RMB       7.1636 to US$1.00  
Income statement and cash flows     RMB       7.2526 to US$1.00  
SCHEDULE OF CASH AND CASH EQUIVALENTS

 

  

As of June 30,

2026

  

As of December 31,

2025

 
   (Unaudited)   (Audited) 
Cash and cash equivalents  $5,939,950   $443,591 
SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT ESTIMATED USEFUL LIVES

Property, plant and equipment are stated at cost less accumulated depreciation and impairment charges. Depreciation is calculated primarily based on the straight-line method (after taking into account their respective estimated residual values) over the estimated useful lives of the assets:

 

Category   Estimated Useful Life
Office equipment   4 – 5 years
Leasehold improvements   Shorter of lease term or estimated useful life of the assets
SCHEDULE OF NET REVENUES BY PRODUCT

Net revenues by product:

 

       
   For the six months ended June 30, 
   2026   2025 
   (Unaudited)   (Unaudited) 
Energy storage system integration equipment & supporting accessories  $2,899,110   $19,229 
SCHEDULE OF ACTIVITY OF CONTRACT LIABILITIES

The table below presents the activity of contract liabilities during the six months ended June 30, 2026 and 2025, respectively.

  

         
    For the six months ended June 30,  
    2026     2025  
    (Unaudited)     (Unaudited)  
Balance at beginning of period   $ 2,038,433     $ 104,659  
Deposits received     1,150,613       179,305  
Revenue recognized     (2,727,491)       (19,229)  
Output Value-Added Tax     (354,574)       (2,531)  
Exchange difference     62,489       1,744  
Balance at end of period   $ 169,470     $ 263,948