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Loans Payable (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Loans Payable [Abstract] |
Schedule of Short-Term Bank Loans | Short-term bank loans
|  | December 31, |  |  | December 31, |
|  | 2023 |  |  | 2022 |
Industrial and Commercial Bank of China (“ICBC”) Loan 1 |  | $ | - |  |  | $ | 5,023,978 |
ICBC Loan 2 |  |  | - |  |  |  | 287,167 |
ICBC Loan 3 |  |  | - |  |  |  | 143,583 |
China Construction Bank Loan |  |  | - |  |  |  | 143,583 |
ICBC Loan 4 |  |  | 423,567 |  |  |  | - |
ICBC Loan 5 |  |  | 2,824 |  |  |  | - |
ICBC Loan 6 |  |  | 70,594 |  |  |  | - |
ICBC Loan 7 |  |  | 350,149 |  |  |  | - |
Total short-term bank loans |  | $ | 423,567 |  |  | $ | 5,598,311 |
Schedule of Long Term Loans | As of December 31, 2023, and 2022, long-term loan balance is $11,378,429 and $9,040,002, respectively.
|  | December 31, |  |  | December 31, |
|  | 2023 |  |  | 2022 |
Rural Credit Union of Xushui District Loan 1 |  | $ | - |  |  | $ | 1,234,816 |
Rural Credit Union of Xushui District Loan 2 |  |  | 3,528,315 |  |  |  | 3,589,582 |
Rural Credit Union of Xushui District Loan 3 |  |  | 2,259,026 |  |  |  | 2,297,332 |
Rural Credit Union of Xushui District Loan 4 |  |  | 1,835,458 |  |  |  | 1,866,582 |
Rural Credit Union of Xushui District Loan 5 |  |  | 2,541,404 |  |  |  | - |
Rural Credit Union of Xushui District Loan 6 |  |  | 1,214,226 |  |  |  | - |
Yujiangna |  |  | - |  |  |  | 51,690 |
Total |  |  | 11,378,429 |  |  |  | 9,040,002 |
Less: Current portion of long-term loans |  |  | (6,874,497 | ) |  |  | (4,835,884 | )
Long-term loans |  | $ | 4,503,932 |  |  | $ | 4,204,118 |
Schedule of Long-Term Debt Repayments | As of Dec 31, 2023, the Company’s long-term debt repayments for the next coming years were as follows:
|  | Amount |
Fiscal year |  |  |
2024 |  |  | 6,874,497 |
2025 |  |  | 3,374,419 |
2026 & after |  |  | 1,129,513 |
Total |  |  | 11,378,429 |

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