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Property, Plant and Equipment, Net (Tables)

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment, Net [Abstract]

Schedule of Property, Plant and Equipment

Property, plant and equipment as of December 31, 2022 and 2023 consisted of the following:

		December 31, 2022				December 31, 2023
Buildings		$	47,086,680			$	45,843,428
Leasehold improvements			5,156,705				7,214,436
Machinery and equipment			71,665,842				83,625,645
Office equipment			1,545,026				1,983,601
Motor vehicles			507,882				727,452
			125,962,135				139,394,562
Impairment			(13,025,161	)			(17,358,096	)
Accumulated depreciation			(22,932,447	)			(30,407,634	)
Carrying amount		$	90,004,527			$	91,628,832

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- References

No definition available.

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 360
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482099/360-10-50-1

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