v3.26.3
Investments
6 Months Ended
Jun. 30, 2026
Investments [Abstract]  
INVESTMENTS

NOTE 3 – INVESTMENTS

 

Investments consist of trading securities and held-to-maturity securities. Trading securities primarily include trading stock, mutual funds and wealth management products issued by commercial banks which are held for the purpose of selling them in the near term. Held-to-maturity securities primarily include wealth management products which the Company has positive intent and ability to hold them to maturity.

 

Held-to-maturity securities with maturity over one year are recorded in long-term investments. Below is a summary of the Company’s investments as of June 30, 2026 and December 31, 2025.

 

          Quoted     Significant     Significant  
          Prices in     Other     Other  
          Active     Observable     Unobservable  
    June 30,     Markets     Inputs     Inputs  
    2026     (Level 1)     (Level 2)     (Level 3)  
     (Unaudited)                    
Short-term investments                        
Trading securities carried at fair value   $ 8,870,243     $ 89,735     $ 8,780,508     $        -  
Held-to-maturity securities carried at cost     11,100,000       -       11,100,000       -  
Total   $ 19,970,243     $ 89,735     $ 19,880,508     $ -  

 

          Quoted     Significant     Significant  
          Prices in     Other     Other  
          Active     Observable     Unobservable  
    December 31,     Markets     Inputs     Inputs  
    2025     (Level 1)     (Level 2)     (Level 3)  
Short-term investments                        
Trading securities carried at fair value   $ 7,264,219     $ 93,150     $ 7,171,069     $           -  
Held-to-maturity securities carried at cost     11,100,000       -       11,100,000       -  
Total   $ 18,364,219     $ 93,150     $ 18,271,069     $ -  

  

Net investment gain for the six months ended June 30, 2026 and 2025 consists of the following:

 

    2026     2025  
    (Unaudited)     (Unaudited)  
Gain from sales of short-term investments:            
Trading securities   $ 9,086     $ 24,849  
Held-to-maturity debt securities     37,514       15,616  
Unrealized gain of short-term investments:                
Trading securities     55,763       41,998  
Net investment gain   $ 102,363     $ 82,463