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Property, Plant and Equipment, Net (Tables)
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment, Net [Abstract]  
Schedule of Property, Plant and Equipment, Net

Property, plant and equipment, net, consisted of the following:

 

As of December 31,
   

2024

  

2023

Land(1)

  

$

9,946,330

 

  

$

9,395,038

 

Machinery

  

 

12,154,188

 

  

 

13,398,770

 

Office and other equipment

  

 

2,576,328

 

  

 

2,078,313

 

Property and buildings(1)

  

 

675,349

 

  

 

285,260

 

Leasehold improvements

  

 

4,627,528

 

  

 

2,841,027

 

Operating equipment

  

 

669,020

 

  

 

491,928

 

Plant, property and equipment, gross

  

 

30,648,743

 

  

 

28,490,336

 

Construction in progress

  

 

971,267

 

  

 

1,592,843

 

Less: accumulated depreciation

  

 

(11,916,419

)

  

 

(11,692,833

)

Less: Impairment of property, plant and equipment

  

 

(181,919

)

  

 

(194,812

)

Property, plant and equipment, net

  

$

19,521,672

 

  

$

18,195,534

 

(1)      On July 11, 2023, the Group entered an agreement with Chiayi Sports Equipment Co., Ltd to acquire its land and buildings with the total area of 10,069 square meters, and the consideration of TWD 296,000,000 (approximately $9,666,884), including tax of TWD 415,000 (approximately $14,729). The land was freehold land with no depreciation recognized.