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Summary of Significant Accounting Policies and Practices (Tables)
12 Months Ended
Dec. 31, 2024
Summary of Significant Accounting Policies and Practices [Line Items]  
Schedule of Estimated Useful Lives of the Assets

Property, plant and equipment as of December 31, 2023 and 2024 consisted of the following:

 

   December 31,
2023
   December 31,
2024
 
Buildings  $45,843,428   $44,590,499 
Leasehold improvements   7,214,436    8,058,360 
Machinery and equipment   83,625,645    84,267,956 
Office equipment   1,983,601    2,235,605 
Motor vehicles   727,452    803,560 
    139,394,562    139,955,980 
Impairment   (17,358,096)   (16,755,682)
Accumulated depreciation   (30,407,634)   (37,713,469)
Carrying amount  $91,628,832   $85,486,829 
Schedule of Exchange Rates Translation of amounts from RMB into US dollars has been made at the following exchange rates for the respective periods:
Year ended December 31, 2023   
Balance sheet, except for equity accounts  RMB 7.0971 to US$1.00
Income statement and cash flows  RMB 7.0719 to US$1.00

 

Year ended December 31, 2024   
Balance sheet, except for equity accounts  RMB 7.2994 to US$1.00
Income statement and cash flows  RMB 7.1913 to US$1.00
Schedule of Intangible Assets Amortization Period The respective amortization periods for the intangible assets are as follows:
Computer software  –1 - 10 years
Sewage discharge permit  –5 - 7 years
Schedule of Deferred Batteries Development and Sales of Batteries Revenue The table below presents the activity of the deferred batteries development and sales of batteries revenue during the years ended December 31, 2023 and 2024, respectively:
   December 31,   December 31, 
   2023   2024 
Balance at beginning of year  $1,869,525   $784,000 
Development fees collected/ deposits received   -    4,108,620 
Development and sales of batteries revenue recognized   (1,060,535)   - 
Exchange realignment   (24,990)   (60,846)
Balance at end of year  $784,000   $4,831,774 
Property, Plant and Equipment [Member]  
Summary of Significant Accounting Policies and Practices [Line Items]  
Schedule of Estimated Useful Lives of the Assets Depreciation is calculated based on the straight-line method (after taking into account their respective estimated residual values) over the estimated useful lives of the assets as follows:
Buildings  5 – 38 years
Machinery and equipment  1 – 15 years
Leasehold improvement  Over the shorter of lease term of the estimated useful lives of the assets
Office equipment  1 – 5 years
Motor vehicles  5 – 12 years