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Related Party Balance and Transactions (Tables)
 6 Months Ended
Jun. 30, 2025
Related Party Balance and Transactions [Abstract]  
Schedule of Amounts Due from Related Parties

As of June 30, 2025 and December 31, 2024, the balances of amounts due from related parties were as follows:

 

      As of
June 30,
2025		   As of
December 31,
2024		 
Due from related parties           
Bally      $5,172   $5,172 
Zhongna Times   (1)   697,973    - 
Mr. Wenwu Zhang   (2)   328,047    321,949 
Shenzhen Zhuhai       -    150,699 
Zhihai Yuncheng       -    63,588 
Others       700    700 
Total      $1,031,892   $542,108 

 

(1) The balance as of June 30, 2025 represented the advance payment on technological service fee on sodium-ion battery and silicon carbon battery.
   
(2) The balance as of June 30, 2025 and December 31, 2024 represented the prepaid acquisition consideration to purchase Mr. Wenwu Zhang’s shares of Haicheng Shenhe.

As of June 30, 2025 and December 31, 2024, the balances of amounts due to related parties were as follows:

 

      As of
June 30,
2025		   As of
December 31,
2024		 
Due to related parties           
Ms. Jing Ji      $19,369   $19,009 
Shanghai Huiyang   (1)   240,122    235,001 
Haicheng Shenhe       2,383    1,029 
Huatai Zhonghe            - 
Zhuhai Investment   (2)   2,177,673    3,442,663 
Zhongna Times       -    493,198 
Others       5,908    5,905 
Total      $2,445,455   $4,196,805 

 

(1) The balances as of June 30, 2025 and December 31, 2024 mainly represented the loans from Shanghai Huiyang Investment Co., with the annual interest rate of 4.35% and was initially due on August 13, 2023 and extended to December 31, 2025.
   
(2) The balances as of June 30, 2025 and December 31, 2024 represented the loans from Zhuhai Investment, with the annual interest rate of 4% and is due on December 31, 2025.