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v3.24.3

Condensed Financial Information of the Parent Company (Details) - Schedule of Parent Company Statements of Cash Flows - Parent Company [Member] - USD ($) | 6 Months Ended
--- | ---
Jun. 30, 2024 | Jun. 30, 2023
Operating activities: |  |
Net income | $ 121,662 | $ 621,974
Adjustments to reconcile net income to net cash in operating activities: |  |
Accrued interest income from loans | (147,835) |
Net investment gain | (652,494) | (956,341)
Changes in operating assets and liabilities: |  |
Deferred offering cost |  | (130,134)
Prepaid expenses and other current assets |  | (130,735)
Net cash used in operating activities | (678,667) | (595,236)
Investing activities |  |
Loans to third parties | (1,092,453) | (2,986,321)
Prepayment from third-party loans | 2,443,523 | 600,000
Purchases of held-to maturity investments | (9,500,000) | (8,000,000)
Net cash used in investing activities | (8,148,930) | (10,386,321)
Financing activities |  |
Advance from private placement | 8,200,000 |
Proceeds from issuance of ordinary shares |  | 15,142,902
Net cash provided by financing activities | 8,200,000 | 15,142,902
Net (decrease) increase in cash | (1,637,638) | 4,161,345
Cash at the beginning of period | 8,236,065 | 226,578
Cash at the end of period | $ 6,598,427 | $ 4,387,923

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