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INTANGIBLE ASSETS, NET | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2024 | Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |  |
INTANGIBLE ASSETS, NET | 8. INTANGIBLE ASSETS, NET Intangible assets, net, consisted of the following: SCHEDULE OF FINITE LIVED INTANGIBLE ASSETS
|  | December 31, 2023 |  |  | June 30, 2024 |
|  | As of |
|  | December 31, 2023 |  |  | June 30, 2024 |
|  |  |  |  | (Unaudited) |
Land used right |  | $ | 335,263 |  |  | $ | 465,984 |
Software |  |  | 136,300 |  |  |  | 128,615 |
Intangible asset, gross |  |  | 136,300 |  |  |  | 128,615 |
Less: accumulated amortization |  |  | (171,766 | ) |  |  | (184,907 | )
Intangible asset, net |  | $ | 299,797 |  |  | $ | 409,692 |
For six months ended June 30, 2023 and 2024, amortization expenses amounted to US$5,430 and US$6,293, respectively. Future estimated amortization expenses of intangible assets are as follows: SCHEDULE OF ESTIMATED AMORTIZATION EXPENSE
For the fiscal years ending December 31, |  | Amount |
Remainder of 2024 |  | $ | 4,663 |
2025 |  |  | 9,328 |
2026 |  |  | 9,328 |
2027 |  |  | 9,321 |
2028 |  |  | 9,311 |
Thereafter |  |  | 367,741 |
Total |  | $ | 409,692 |
| 8. INTANGIBLE ASSETS, NET Intangible assets, net, consisted of the following: SCHEDULE OF FINITE LIVED INTANGIBLE ASSETS
|  | 2022 |  |  | 2023 |
|  | As of December 31, |
|  | 2022 |  |  | 2023 |
Land used right |  | $ | 300,660 |  |  | $ | 335,263 |
Software |  |  | 135,812 |  |  |  | 136,300 |
Intangible asset, gross |  |  | 135,812 |  |  |  | 136,300 |
Less: accumulated amortization |  |  | (154,810 | ) |  |  | (171,766 | )
Intangible asset, net |  | $ | 281,662 |  |  | $ | 299,797 |
For the years ended December 31, 2022 and 2023, amortization expenses amounted to US$20,915 and US$17,270, respectively. Future estimated amortization expenses of intangible assets are as follows: SCHEDULE OF ESTIMATED AMORTIZATION EXPENSE
For the fiscal years ended December 31, |  | Amount |
2024 |  | $ | 8,363 |
2025 |  |  | 6,706 |
2026 |  |  | 6,706 |
2027 |  |  | 6,699 |
2028 |  |  | 6,689 |
Thereafter |  |  | 264,634 |
Total |  | $ | 299,797 |

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-4 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-3 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 985 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481283/985-20-50-2 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 985 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/985-20/tableOfContent + Details
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