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Bank Loans (Tables) | 12 Months Ended
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Dec. 31, 2023
Bank Loans [Abstract] |
Schedule of Outstanding Balance of Short-Term Bank Loans | Outstanding balance of short-term bank loans consisted of the following:
|  | December 31, 2023 |  |  | December 31, 2022 |
Loan from Bank of Communication |  | $ | 2,816,942 |  |  | $ | 2,174,796 |
Loan from Bank of China |  |  | - |  |  |  | 434,959 |
Loan from SPD Bank |  |  | 1,126,776 |  |  |  | - |
|  | $ | 3,943,718 |  |  | $ | 2,609,755 |

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- Definition Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
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- References No definition available. + Details
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