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Condensed Financial Information of the Parent Company (Tables) - Parent Company [Member]
6 Months Ended
Jun. 30, 2024
Condensed Financial Information of the Parent Company (Tables) [Line Items]  
Schedule of Parent Company Balance Sheets
   June 30,
2024
   December 31,
2023
 
   (Unaudited)     
ASSETS        
Current assets:        
Cash  $6,598,427   $8,236,065 
Short-term investments   12,500,000    3,000,000 
Intercompany receivables   15,000    15,000 
Prepaid expenses and other current assets   1,566,155    204,604 
Loan receivable   1,270,901    2,621,971 
Total current assets   21,950,483    14,077,640 
           
Non-current assets          
Long-term investments   1,000,000    1,000,000 
Investments in non-VIE subsidiaries   14,756,053    14,621,943 
Total non-current assets   15,756,053    15,621,943 
Total Assets  $37,706,536   $29,699,583 
           
Liabilities and Shareholders’ Equity          
Current liabilities          
Intercompany payable  $1,361,997   $1,361,997 
Total current liabilities   1,361,997    1,361,997 
           
Non-current liabilities          
Advance from private placement   8,200,000    
-
 
Total non-current liabilities   8,200,000    
-
 
           
Total Liabilities   9,561,997    1,361,997 
           
Commitments and Contingencies   
 
    
 
 
           
Shareholders’ Equity          
Ordinary Shares, par value $0.0001 per share, 490,000,000 shares authorized; 14,392,364 shares issued and outstanding as of December 31, 2023.   
-
    1,439 
Class A Ordinary Shares, US$0.0001 par value; 431,808,000 shares authorized, 6,200,364 shares issued and outstanding as of June 30, 2024.   620    
-
 
Class B Ordinary Shares, US$0.0001 par value; 58,192,000 shares authorized, 8,192,000 shares issued and outstanding as of June 30, 2024.   819    
-
 
Additional paid-in capital   16,721,551    16,721,551 
Statutory reserve   836,215    836,215 
Retained earnings   11,509,410    11,387,748 
Accumulated other comprehensive loss   (924,076)   (609,367)
Total Shareholders’ Equity   28,144,539    28,337,586 
           
Total Liabilities and Shareholders’ Equity  $37,706,536   $29,699,583 

 

Schedule of Parent Company Statements of Operations and Comprehensive Income
   Six Months Ended June 30, 
   2024   2023 
   (Unaudited)   (Unaudited) 
Operating expenses:        
General and administrative  $770,127   $394,676 
Total operating expenses   770,127    394,676 
           
Operating loss   (770,127)   (394,676)
           
Other income (expense)          
Net investment gain   203,675    64,989 
Interest income   247,440    60,924 
Other expense, net   (8,145)   (615)
Total other income, net   442,970    125,298 
           
Share of income from subsidiaries   448,819    891,352 
Income before provision for income taxes   121,662    621,974 
           
Net income  $121,662   $621,974 
Comprehensive income          
Net income  $121,662   $621,974 
           
Comprehensive income  $121,662   $621,974 
Earnings per ordinary share          
Basic and diluted   0.01    0.05 
           
Weighted average number of ordinary shares outstanding          
Basic and diluted   14,392,364    12,122,574 

 

Schedule of Parent Company Statements of Cash Flows
   Six Months Ended June 30, 
   2024   2023 
   (Unaudited)   (Unaudited) 
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 and equivalents at beginning of period   8,236,065    226,578 
Cash and equivalents at end of period  $6,598,427   $4,387,923