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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2023
Summary of Significant Accounting Policies [Abstract] |
Schedule of Expected Useful Lives of Property Plant and Equipment | Property, plant and equipment are stated at cost less accumulated depreciation. Depreciation is computed using the straight-line method over the estimated useful lives of the assets. The estimated useful lives are as follows:
Buildings |  | 20 years
Computer software |  | 10 years
Leasehold improvements |  | Over the shorter of the lease term or expected useful lives
Office equipment |  | 3-5 years
Motor vehicles |  | 5 years
Mechanical equipment |  | 3-10 years
Schedule of Estimated Useful Lives of Intangible Assets | The estimated useful lives are as follows:
Land use right |  | 50 years
Software |  | 18 - 65 months
Non-patent technology |  | 1 - 3 years
Patents |  | 2 - 10 years
License |  | 20 years
Schedule of Financial Asset Carried at Fair Value on a Recurring Basis | The financial asset carried at fair value on a recurring basis as of December 31, 2023 and 2022 is as follows:
|  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |  |  | Total Balance |
Short-term investments |  |  |  |  |  |  |  |  |  |  |  |
As of December 31, 2023 |  | $ | 496,122 |  |  | $ | - |  |  | $ | - |  |  | $ | 496,122 |
As of December 31, 2022 |  | $ | 5,611,815 |  |  | $ | 223,562 |  |  | $ | - |  |  | $ | 5,835,377 |

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- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb) -SubTopic 10 -Topic 820 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 + Details
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- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 + Details
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