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SUMMARY OF MATERIAL ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Dec. 31, 2023
Notes and other explanatory information [abstract] |
Estimated Useful Lives of Assets | Depreciation is calculated on a straight-line basis over the estimated useful lives of the assets as follows:
► Buildings | 15-30 years
► Building improvement | 2-20 years
► Machinery and equipment | 4-20 years
► Motor vehicles | 3-10 years
► Office equipment | 3-20 years
Lease Term or Estimated Useful Lives of Assets | Right-of-use assets are depreciated on a straight-line basis over the shorter of the lease term and the estimated useful lives of the assets, as follows:
►Land use right | 2 to 37 years
►Buildings | 2 to 3 years
►Motor vehicles | 2 to 3 years
►Office equipment | 3 to 5 years

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