As of
June 30,
2025

As of
December 31,
2024

Equity method investments:

Shidong (Suzhou) Investment Co., Ltd. (“Suzhou Investment”)

$

37,203

$

37,076

Shenzhen Jiazhong Creative Capital LLP (“Jiazhong”)

1,987,050

1,902,381

Equity investments without readily determinable fair value:

Beijing Jinshuibanlv Technology Co., Ltd. (“Jinshuibanlv”)

1,116,757

1,095,996

Hangzhou Zhongfei Aerospace Health Management Co., Ltd. (“Zhongfei”)

418,784

410,998

Shanghai Zhongren Yinzhirun Investment Management Partnership (“Yinzhirun”)

279,189

273,999

Jiangxi Cheyi Tongcheng Car Networking Tech Co., Ltd.(“Cheyi”)

221,637

217,517

Chengdu Wanchang Enterprise Management Consulting Partnership (Limited Partnership) (“Wanchang”)

69,797

68,500

Shanghai Outu Home Furnishings Co., Ltd. (“Outu”)

69,797

68,500

Zhejiang Qianshier Household Co., Ltd.(“Qianshier”)

69,797

68,500

Taizhou Jiamenkou Auto Greengrocer’s Delivery Technology Co., Ltd. (“Jiamenkou”)

69,797

68,500

Zhejiang Yueteng Information Technology Co., Ltd. (“Yueteng”)

69,797

68,500

Shidong Funeng(Ruzhou) Industry Development Co., Ltd.( “Funeng”)

37,691

36,990

Dongguan Zhiduocheng Car Service Co., Ltd. (“Car Service”)

25,127

24,660

Subtotal

4,472,423

4,342,117

Less: impairment

(2,378,373

)

(2,334,160

)

Total

$

2,094,050

$

2,007,957