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Note Payable | 12 Months Ended
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Dec. 31, 2023
Note Payable [Abstract] |
NOTE PAYABLE | 14. NOTE PAYABLE As of December 31, 2023, note payable was nil. As of December 31, 2022, note payable consist of the following:
|  | Issue date |  | Principal amount US$ |  |  | Mature date |  | Effective interest rate |
FUCE Future Supply Chain (Xi’an) Co., Ltd. |  | August 10, 2022 |  | $ | 1,435,834 |  |  | August 10, 2023 |  |  | 0.05 | %
FUCE Future Supply Chain (Xi’an) Co., Ltd. |  | August 12, 2022 |  |  | 717,916 |  |  | August 12, 2023 |  |  | 0.05 | %
FUCE Future Supply Chain (Xi’an) Co., Ltd. |  | July 28, 2022 |  |  | 717,916 |  |  | July 28, 2023 |  |  | 0.05 | %
FUCE Future Supply Chain (Xi’an) Co., Ltd. |  | December 19, 2022 |  |  | 717,916 |  |  | December 19, 2023 |  |  | 0.05 | %
Total |  |  |  | $ | 3,589,582 |  |  |  |  |  |  |
At maturity, the Notes are payable at their principal amount thereon. There occurring with respect to any of the Company’s indebtedness, an event of default resulting in accelerated maturity or a failure to pay principal, interest or premium when due, the overdue interest shall be charged at 0.05% per day, without the need to notify the applicant and sign another loan contract. As of December 31, 2022, there was no such event of default.

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- Definition The entire disclosure for short-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 470 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//470/tableOfContent + Details
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