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Plant and Equipment, Net
 6 Months Ended
Jun. 30, 2025
Plant and Equipment, Net [Abstract]  
Plant and Equipment, Net

6. Plant and Equipment, Net

 

Plant and equipment consisted of the following as of June 30, 2025 and December 31, 2024:

 

   As of 
   June 30,
2025		   December 31,
2024		 
   Unaudited     
At Cost:        
Buildings  $11,867,845   $11,647,212 
Machinery and equipment   3,536,211    3,470,470 
Office equipment   474,577    462,846 
Motor vehicles   178,119    174,808 
    16,056,752    15,755,336 
Less: Accumulated depreciation   (5,248,008)   (4,719,055)
    10,808,744    11,036,281 
Construction in progress   23,340    22,906 
   $10,832,084   $11,059,187 

 

Depreciation expense for the six months ended June 30, 2025 and 2024 was $433,880 and $454,864, respectively.