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COMMITMENTS AND CONTIGENCIES (Tables) | 12 Months Ended
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Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract] |
SCHEDULE OF MATURITIES OPERATING COMMITMENTS LEASE LIABILITIES | The total future minimum lease payments of property management fee and short-term lease under the non-cancellable operating lease with respect to the office as of December 31, 2025 are payable as follows: SCHEDULE OF MATURITIES OPERATING COMMITMENTS LEASE LIABILITIES
|  | Lease Commitment |
Within 1 year |  |  | - |
2-5 years |  |  | 176,981 |
Total |  | $ | 176,981 |
SCHEDULE OF CURRENT LEGAL PROCEEDINGS | All the legal proceedings were recorded in the accounts of liabilities held for sale and losses from discontinued operations. SCHEDULE OF CURRENT LEGAL PROCEEDINGS
No. |  | Plaintiff |  | Defendant |  | Cause of Action |  | Status on December 31, 2025 |  | Recorded in Account Payable (USD) as of December 31, 2025 |  |  | Recorded in Accrued legal expenses (USD) as of December 31, 2025 |  |  | Status of Subsequent Updates to the Filing Date |  | Name of the Court
1 |  | Wang Zhangang |  | Zibo, PRC, Ganzhou, PRC |  | Labor disputes |  | Case applying for preservation |  |  | - |  |  |  | 4,004 |  |  | No change |  | Zhangdian District Labor Dispute Arbitration Committee
2 |  | Shenzhen Haiying Science & Technology Co., Ltd. |  | Huizhou, PRC, Ganzhou, PRC |  | Contractual Dispute |  | Case applying for preservation |  |  | 38,599 |  |  |  | 6,834 |  |  | No change |  | Shenzhen Futian District People’s Court
3 |  | Suzhou Industrial Park Deyanfu Mechanical Equipment Co., Ltd. |  | Huizhou, PRC |  | Contractual Dispute |  | Case applying for preservation |  |  | - |  |  |  | 1,144 |  |  | No change |  | Suzhou Industrial Park People’s Court
4 |  | Ganzhou Dari Mechanical and Electrical Equipment Co., Ltd. |  | Ganzhou, PRC |  | Contractual Dispute |  | Case applying for preservation |  |  | 11,118 |  |  |  | - |  |  | No change |  | Ganzhou Economic and Technological Development Zone People’s Court
5 |  | Ganzhou Dari Mechanical and Electrical Equipment Co., Ltd. |  | Huizhou, PRC |  | Contractual Dispute |  | Case applying for preservation |  |  | 3,281 |  |  |  | 5,587 |  |  | No change |  | Jiangxi Province Ganzhou Economic and Technological Development Zone People’s Court
6 |  | Shenzhen Kaifu Mechanical and Electrical Equipment Co., Ltd. |  | Ganzhou, PRC |  | Contractual Dispute |  | Case applying for preservation |  |  | 20,592 |  |  |  | 1,416 |  |  | No change |  | Longgang District People’s Court
7 |  | Shenzhen Yuqiang New Materials Co., Ltd., Zhongshan Branch |  | Ganzhou, PRC |  | Contractual Dispute |  | Case applying for preservation |  |  | 11,232 |  |  |  | 808 |  |  | No change |  | Zhongshan City Second People’s Court
8 |  | Deng Yongbo |  | Huizhou, PRC |  | Labor disputes |  | Case applying for preservation |  |  | 11,680 |  |  |  | 23,116 |  |  | No change |  | Huizhou Huicheng District Labor and Personnel Dispute Arbitration Committee
9 |  | Shenzhen Kuayue Express Co., Ltd. |  | Yilon Energy, Huizhou, PRC |  | Contractual Dispute |  | Case applying for preservation |  |  | 11,008 |  |  |  | 3,950 |  |  | No change |  | Shenzhen Bao’an District People’s Court
10 |  | Shenzhen Jintongda Machinery Co., Ltd. |  | Ganzhou, PRC |  | Contractual Dispute |  | Case applying for preservation |  |  | 46,710 |  |  |  | 12,572 |  |  | No change |  | Ganzhou Economic and Technological Development Zone People’s Court
11 |  | Shenzhen Haizhuolian Mechanical and Electrical Equipment Co., Ltd., Ganzhou Branch |  | Ganzhou, PRC |  | Contractual Dispute |  | Judgment effected |  |  | - |  |  |  | 5,720 |  |  | No change |  | Ganzhou Economic and Technological Development Zone People’s Court
12 |  | Shenzhen Fengshengyuan Technology Co., Ltd. |  | Huizhou, PRC |  | Contractual Dispute |  | Case applying for preservation |  |  | 14,648 |  |  |  | - |  |  | No change |  | Guangzhou Intermediate People’s Court
13 |  | Shandong Chuangying Flooring Engineering Co., Ltd. |  | Zibo, PRC, Huizhou, PRC |  | Contractual Dispute |  | Case applying for preservation |  |  | 1,715 |  |  |  | 1,137 |  |  | No change |  | Zibo Zhangdian District People’s Court Fengshui Tribunal
14 |  | Amphenol Automotive Connection Systems Changzhou Co., Ltd. |  | Huizhou, PRC |  | Contractual Dispute |  | Case applying for preservation |  |  | 11,559 |  |  |  | 937 |  |  | No change |  | Changzhou Xinbei District People’s Court
15 |  | Lanzhou Electric Motor Co., Ltd. Companies(i) |  | Ganzhou, PRC |  | Contractual Dispute |  | Case applying for preservation |  |  | 2,868,396 |  |  |  | 675,985 |  |  | No change |  | Lanzhou New District People’s Court
16 |  | Shenzhen Lingyueda Technology Co., Ltd. |  | Huizhou, PRC |  | Contractual Dispute |  | Case applying for preservation |  |  | 14,550 |  |  |  | 660 |  |  | No change |  | Shenzhen Guangming District People’s Court
17 |  | Suzhou Qinglizi New Energy Technology Co., Ltd. |  | Ganzhou, PRC, Huizhou, PRC |  | Contractual Dispute |  | Case applying for preservation |  |  | 10,084 |  |  |  | 884 |  |  | No change |  | Taicang District People’s Court
18 |  | Yutong Bus Co., Ltd.(ii) |  | Huizhou, PRC & Elong Power (Ganzhou) |  | Contractual Dispute |  | Case applying for preservation |  |  | - |  |  |  | 449,466 |  |  | No change |  | Zhengzhou Guancheng District People’s Court
No. |  | Plaintiff |  | Defendant |  | Cause of Action |  | Status on December 31, 2025 |  | Recorded in Account Payable (USD) as of December 31, 2025 |  |  | Recorded in Accrued legal expenses (USD) as of December 31, 2025 |  |  | Status of Subsequent Updates to the Filing Date |  | Name of the Court
19 |  | Lanjun Hardware & Electrical Co., Ltd. |  | Huizhou, PRC |  | Contractual Dispute |  | Case applying for preservation |  |  | 2,602 |  |  |  | - |  |  | No change |  | Ganzhou Economic and Technological Development Zone People’s Court
20 |  | Xianning Fengdan Public Transport Holding Co., Ltd.(iii) |  | Ganzhou, PRC, Huizhou, PRC |  | Contractual Dispute |  | Judgment effected |  |  | - |  |  |  | 928,194 |  |  | No change |  | Xianning Xianning District People’s Court
21 |  | Ganzhou Gert Machinery Co., Ltd. |  | Ganzhou, PRC |  | Contractual Dispute |  | Case applying for preservation |  |  | 5,054 |  |  |  | 483 |  |  | No change |  | Ganzhou Economic and Technological Development Zone People’s Court
22 |  | Connet (Changzhou) Intelligent Technology Co., Ltd. |  | Huizhou, PRC |  | Contractual Dispute |  | Case applying for preservation |  |  | - |  |  |  | - |  |  | No change |  | Ganzhou Economic and Technological Development Zone People’s Court
23 |  | Xiamen Kinglong Travel Vehicle Co., Ltd., Lin Zhengbin, Tongcheng Zhilian (Shenzhen) Technology Co., Ltd. |  | Huizhou, PRC |  | Contractual Dispute |  | Case applying for preservation |  |  | - |  |  |  | 40,039 |  |  | No change |  | Shenzhen Intermediate People’s Court
24 |  | Chery Wanda Guizhou Bus Co., Ltd.(iv) |  | Huizhou, PRC |  | Contractual Dispute |  | Case applying for preservation |  |  | - |  |  |  | 825,065 |  |  | No change |  | Guiyang Huaxi District People’s Court
25 |  | Shenzhen Yanxiangda Technology Co., Ltd. |  | Huizhou, PRC |  | Contractual Dispute |  | Case applying for preservation |  |  | 46,454 |  |  |  | - |  |  | No change |  | Pingshan District Court, Shenzhen
26 |  | Liu Yongjian |  | Ganzhou, PRC, Huizhou, PRC |  | Labor disputes |  | Case applying for preservation |  |  | 408 |  |  |  | 3,522 |  |  | No change |  | Ganzhou Economic and Technological Development Zone Labor Arbitration Committee
27 |  | Connet (Changzhou) Intelligent Technology Co., Ltd. |  | Huizhou, PRC |  | Contractual Dispute |  | Case applying for preservation |  |  | 4,886 |  |  |  | 223 |  |  | No change |  | Ganzhou Economic and Technological Development Zone People’s Court
|  |  |  |  |  |  |  | Total amount: |  | $ | 3,134,576 |  |  |  | 2,991,746 |  |  |  |  |
The Company is subject to legal proceedings and regulatory actions in the ordinary course of business, such as disputes with customers and suppliers. As of this report date of the consolidated financial statements, the Company is ongoing with various lawsuits and the estimate aggregate amount related to such litigations are approximately $6.12 million (RMB42.8 million), which comprises the following: Amounts due to suppliers recorded in accounts payable totaling $3.13 million (RMB21.9 million); Accrued legal expenses recognized pursuant to court judgments amounting to $2.99 million (RMB20.9 million). For the years ended December 31, 2025, 2024 and 2023, all the legal proceedings were recorded in the accounts of liabilities held for sale and losses from discontinued operations.
i) | In April 2024, a customer of our company filed a lawsuit against Ganzhou, PRC in Gansu Province, requesting the termination of their battery purchase contract and the return of 126 undelivered battery packs (valued at $3.2 million, RMB22.7 million). According to the court judgment obtained, Ganzhou, PRC is required to return the $3.2 million (RMB22.7 million) it has already received and pay liquidated damages. Based on this judgment, the company has assessed the relevant facts and legal obligations and recognized a provision of $0.6 million (RMB2.1 million).
ii) | In December 2024, a customer of the Company filed a lawsuit against Huizhou, PRC in Henan Province, seeking reimbursement of battery repair costs. According to the court judgment obtained, Huizhou, PRC is required to pay the customer $0.4 million (RMB3.1 million) for battery replacement and other related expenses. Based on this judgment, the Company has carefully assessed the relevant facts and legal obligations and has recognized a provision of $0.4 million (RMB3.1 million) in liabilities.
iii) | In 2021, a user of the Company’s product filed a lawsuit in Xianning, Hubei Province against a Company’s customer (first defendant) and the Company (the second defendant). The Company accrued $0.9 million (RMB6.4 million) lawsuit compensation charge as of the date the consolidated financial statements are issued.
iv) | In 2022, a customer of the Company filed a lawsuit against Huizhou, PRC and Ganzhou, PRC in Guizhou Province, seeking payment for the costs associated with replacing a vehicle’s power battery. According to the court judgment obtained, Huizhou, PRC and Ganzhou, PRC must jointly pay the customer a total of $0.8 million (RMB5.7 million) for the vehicle’s power battery replacement and related expenses. Based on this effective judgment and management’s assessment of the relevant facts and legal obligations, the Company has recognized a provision of RMB5.7 million in its financial statements.

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