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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income (Loss) $ (37,090,050) $ (1,239,563)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Amortization on capital lease 49,644 56,461
Depreciation and amortization 9,467,311 10,596,765
Unrealized exchange (gain) loss on translation of inter-company balances 0 (26,708)
Deferred tax asset (2,511,394) (393,255)
Amortization of right-of-use asset 440,030
Loss on disposal of equipment 29,169,008
Changes in assets and liabilities:    
Accounts receivable 3,108,788 3,152,419
Inventories 160,396 791,146
Prepayments and deposits 68,895 52,136
Advance from customers (27,000)
Other receivables 4,854 (1,222)
Accounts and Other payable and accrued expenses (2,583,610) (1,518,073)
Amount due to related Parties
Taxes payable (315,782) (288,429)
Operating lease (753,231) (170,121)
Net cash (used in) provided by operating activities (812,141) 11,011,556
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property, plant and equipment (60,526,213) (48,352)
Net cash used in investing activities (60,526,213) (48,352)
CASH FLOWS USED IN FINANCING ACTIVITIES    
Repayment of finance lease obligation (264,094) (267,810)
Net cash used in financing activities (264,094) (267,810)
EFFECTS OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (253,907) (3,648,129)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (61,856,355) 7,047,265
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD 72,223,894 108,226,214
CASH AND CASH EQUIVALENTS - END OF PERIOD 10,367,539 115,273,479
Cash paid during the six-month period ended June 30, 2024 for:    
Paid for taxes 886,928 3,761,055
Interest on finance lease obligation $ 49,644 $ 56,461