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Plant and Equipment, Net
9 Months Ended
Sep. 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 September 30, 2025 and December 31, 2024:

 

   As of 
   September 30,
2025
   December 31,
2024
 
   Unaudited     
At Cost:        
Buildings  $4,982,623   $4,859,548 
Machinery and equipment   3,558,365    3,470,470 
Office equipment   477,183    462,846 
Motor vehicles   179,235    174,808 
    9,197,406    8,967,672 
Less: Accumulated depreciation   (4,574,136)   (4,009,744)
    4,623,270    4,957,928 
Construction in progress   23,486    22,906 
   $4,646,756   $4,980,834 

 

Depreciation expense for the nine months ended September 30, 2025 and 2024 was $456,315 and $478,785, respectively.