XML 134 R122.htm IDEA: XBRL DOCUMENT v3.24.3
Income Taxes, Deferred Tax Assets and Deferred Tax Liabilities (Details) - Schedule of Provision for Income Taxes Determined at the Statutory Income Tax Rate - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Taxes, Deferred Tax Assets and Deferred Tax Liabilities [Abstract]        
Income (loss) before income taxes $ (346,252) $ 5,458,717 $ 17,098,920 $ (395,187)
United States federal corporate income tax rate 21.00% 21.00% 21.00% 21.00%
Income tax credit computed at United States statutory corporate income tax rate $ (72,713) $ 1,146,331 $ 3,590,773 $ (82,989)
Reconciling items:        
Rate differential for PRC earnings (6,850) 233,423 756,176 51,139
Tax effect of entity at preferential tax rate 140,894 333,663 (2,191,866) 386,649
Non-taxable (income) expenses 24,551 51,741 323,077 149,861
Share based payments 12,190 27,399 56,031 201,565
Over (under) provision of tax loess (446) (218,623)
Utilization of tax losses (3,864) (1,894,773)
Valuation allowance on deferred tax assets 245,525 (2,097,988) 1,768,005 (1,721,851)
Income tax expenses (credit) $ 339,287 $ (305,431) $ 2,188,800 $ (1,015,626)