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Short-Term Borrowings | 12 Months Ended
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Dec. 31, 2025
Short-Term Debt [Abstract] |
SHORT-TERM BORROWINGS | NOTE 12 – SHORT-TERM BORROWINGS Short-term borrowings from financial institutions consisted of the following on December 31, 2025:
Bank Name |  | Amount – RMB |  |  | Amount – USD |  |  | Issuance Date |  |  | Expiration Date |  |  | Interest |
Bank of Wenzhou |  |  | 11,500,000 |  |  |  | 1,644,478 |  |  | 2025.10.30 |  |  | 2026.10.28 |  |  |  | 4.25 | %
Bank of China |  |  | 10,000,000 |  |  |  | 1,429,981 |  |  | 2025.01.17 |  |  | 2026.01.16 |  |  |  | 2.70 | %
Huaxia Bank |  |  | 10,000,000 |  |  |  | 1,429,981 |  |  | 2025.09.29 |  |  | 2026.09.20 |  |  |  | 2.85 | %
Huaxia Bank |  |  | 20,000,000 |  |  |  | 2,859,962 |  |  | 2025.09.29 |  |  | 2026.09.20 |  |  |  | 2.65 | %
Industrial and Commercial Bank of China |  |  | 6,500,000 |  |  |  | 929,488 |  |  | 2025.03.20 |  |  | 2026.03.20 |  |  |  | 2.80 | %
Total |  | RMB | 58,000,000 |  |  | $ | 8,293,890 |  |  |  |  |  |  |  |  |  |  |
Short-term borrowings from financial institutions consisted of the following on December 31, 2024:
Bank Name |  | Amount – RMB |  |  | Amount – USD |  |  | Issuance Date |  |  | Expiration Date |  |  | Interest |
Minsheng Bank |  |  | 1,000,000 |  |  |  | 136,999 |  |  | 2024.06.27 |  |  | 2025.01.03 |  |  |  | 3.50 | %
Bank of Ningbo |  |  | 5,000,000 |  |  |  | 684,997 |  |  | 2024.06.13 |  |  | 2025.06.13 |  |  |  | 2.80 | %
Bank of Ningbo |  |  | 1,706,808 |  |  |  | 233,832 |  |  | 2024.10.30 |  |  | 2025.04.28 |  |  |  | 2.75 | %
Total |  | RMB | 7,706,808 |  |  | $ | 1,055,828 |  |  |  |  |  |  |  |  |  |  |
The Company’s short-term bank borrowings are guaranteed by the Company’s major shareholders, their immediate family members, and related companies. For the years ended December 31, 2025, 2024, and 2023, interest expenses on short-term borrowings from financial institutions amounted to $116,349, $47,176, and $165,247, respectively.

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