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Consolidated Statements of Changes in Shareholders’ Equity - USD ($)
Ordinary Shares
Additional paid-in capital
Statutory reserve
Retained Earnings
Accumulated other comprehensive income (loss)
Total
Balance at Dec. 31, 2020 $ 1,099 $ 2,628,356 $ 713,737 $ 7,377,483 $ 445,789 $ 11,166,464
Balance (in Shares) at Dec. 31, 2020 10,987,679          
Foreign currency translation adjustment 290,407 290,407
Net income 1,669,357 1,669,357
Appropriation of Statutory reserve 53,470 (53,470)
Balance at Dec. 31, 2021 $ 1,099 2,628,356 767,207 8,993,370 736,196 13,126,228
Balance (in Shares) at Dec. 31, 2021 10,987,679          
Foreign currency translation adjustment (1,015,447) (1,015,447)
Net income 1,415,745 1,415,745
Appropriation of Statutory reserve 69,008 (69,008)
Balance at Dec. 31, 2022 $ 1,099 2,628,356 836,215 10,340,107 (279,251) 13,526,526
Balance (in Shares) at Dec. 31, 2022 10,987,679          
Foreign currency translation adjustment (330,116) (330,116)
Shares issued $ 340 14,093,195 14,093,535
Shares issued (in Shares) 3,404,685          
Net income 1,047,641 1,047,641
Balance at Dec. 31, 2023 $ 1,439 $ 16,721,551 $ 836,215 $ 11,387,748 $ (609,367) $ 28,337,586
Balance (in Shares) at Dec. 31, 2023 14,392,364