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Trade and Bills Receivable, Net (Tables) | 12 Months Ended
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Dec. 31, 2024
Trade and Bills Receivable, Net [Abstract] |
Schedule of Trade and Bills Receivable | Trade and bills receivable as of December 31, 2023 and 2024:
|  | December 31, |  |  | December 31, |
|  | 2023 |  |  | 2024 |
Trade receivable |  | $ | 29,368,296 |  |  | $ | 28,569,823 |
Less: Allowance for credit losses |  |  | (3,198,249 | ) |  |  | (2,841,728 | )
|  |  | 26,170,047 |  |  |  | 25,728,095 |
Bills receivable |  |  | 2,483,000 |  |  |  | 7,210,823 |
|  | $ | 28,653,047 |  |  | $ | 32,938,918 |
Schedule of Allowance for the Credit Losses | An analysis of the allowance for the credit losses are as follows:
Balance as at January 1, 2023 |  | $ | 2,274,513 |
Current period provision, net |  |  | 1,012,404 |
Reversal – recoveries by cash |  |  | (10,250 | )
Written-off |  |  | (14,661 | )
Foreign exchange adjustment |  |  | (63,757 | )
Balance as at December 31, 2023 |  | $ | 3,198,249 |
Current period provision, net |  |  | 512,123 |
Reversal – recoveries by cash |  |  | (653,568 | )
Written-off |  |  | (130,465 | )
Foreign exchange adjustment |  |  | (84,611 | )
Balance as at December 31, 2024 |  | $ | 2,841,728 |

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- Definition Tabular disclosure of allowance for credit loss on accounts receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-13 + Details
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- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(4)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(3)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
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