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Land Use Rights, Net
 6 Months Ended
Jun. 30, 2025
Land Use Rights, Net [Abstract]  
LAND USE RIGHTS, NET

NOTE 9 – LAND USE RIGHTS, NET

 

Land use rights, stated at cost less accumulated amortization, consisted of the following:

 

   As of
June 30,
2025		   As of
December 31,
2024		 
Land use rights - cost  $13,611,443   $9,737,032 
Less: accumulated amortization   (661,164)   (539,054)
Land use rights, net  $12,950,279   $9,197,978 

 

For the six months ended June 30, 2025 and 2024, amortization expense amounted to $110,526 and $106,963, respectively. The following is a schedule of future amortization of land use rights as of June 30, 2025:

 

Year ending December 31,  Amount 
2025  $144,630 
2026   289,260 
2027   289,260 
2028   289,260 
2029   289,260 
2030 and thereafter   11,648,609 
Total  $12,950,279