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Property, Plant and Equipment, Net
 6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment, Net [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, NET

NOTE 5 — PROPERTY, PLANT AND EQUIPMENT, NET

 

   June 30,
2025		  

December 31,

2024

 
Buildings  $12,022   $11,798 
Machinery and equipment   7,817    7,672 
Vehicles   40,875    40,114 
Construction in progress   12,997,423    12,755,791 
Subtotal   13,058,137    12,815,375 
Less: accumulated depreciation   (38,010)   (32,378)
Property, plant and equipment, net  $13,020,127    12,782,997)

 

Depreciation expense was $2,482 and $2,372 for the three months ended June 30, 2025 and 2024, respectively, and $4,957 and $4,798 for the six months ended June 30, 2025 and  2024, respectively.

 

As of June 30, 2025, the Company had commitment of RMB5.0 million (equivalent to $0.7 million) for construction in progress of our new facility.