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SUBSEQUENT EVENTS | 12 Months Ended
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Dec. 31, 2024
Subsequent Events [Abstract] |
SUBSEQUENT EVENTS | 23. SUBSEQUENT EVENTS On February 5, 2025, the Company issued 16,325 shares of common stock to executive director, Wilfrendo Fernando Cortizo for shares compensation for the period of July to December 2024. On February 5, 2025, the Company obtained approval from stockholders in a special meeting to increase number of authorized common stock from 50,000,000 to 500,000,000 and to issue 46,000,000 shares of common stock at $0.0001 per share. On February 28, 2025, the Company signed shares subscription agreement with 18 subscribers to issue 46,000,000 shares of common stock at the price of $0.50 per share. On March 3, 2025, the Company engaged an adviser for business management consultation, tax planning and compliance, financial planning and risk management, investment and financing consultation with fee CNY 3,780,000. On March 11, 2025, the Company made an investment of CNY 166,752,302 in (“Bicheng Investment Management (Beijing) Co., Ltd.”) to enhance its capital allocation efficiency and gain exposure to new investment opportunities in high-growth sectors. On March 24, 2025, the Company issued 46,000,000 shares of common stock to the 18 subscribers and $23,000,000 was raised.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/855/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483399/855-10-50-2 + Details
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