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v3.25.1

Loans Payable (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
Loans Payable [Abstract] |
Schedule of Short-Term Bank Loans | Short-term bank loans
|  | March 31, |  |  | December 31, |
|  | 2025 |  |  | 2024 |
Rural Credit Union of Xushui District Loan 1 |  | $ | 1,811,039 |  |  | $ | 1,808,469 |
Rural Credit Union of Xushui District Loan 2 |  |  | 2,228,971 |  |  |  | 2,225,808 |
Bank of Cangzhou Loan 1 |  |  | 306,484 |  |  |  | - |
Bank of Cangzhou Loan 2 |  |  | 69,655 |  |  |  | - |
Bank of Cangzhou Loan 3 |  |  | 208,966 |  |  |  | - |
Industrial and Commercial Bank of China (“ICBC”) Loan 1 |  |  | 2,786 |  |  |  | 2,782 |
ICBC Loan 2 |  |  | 139,311 |  |  |  | 139,113 |
ICBC Loan 3 |  |  | 139,311 |  |  |  | 139,113 |
ICBC Loan 4 |  |  | 136,524 |  |  |  | 136,331 |
Total short-term bank loans |  | $ | 5,043,047 |  |  | $ | 4,451,616 |
Schedule of Long-Term Loans | As of March 31, 2025 and December 31, 2024, long-term loans were $4,679,447 and $4,672,806, respectively.
|  | March 31, |  |  | December 31, |
|  | 2025 |  |  | 2024 |
Rural Credit Union of Xushui District Loan 1 |  | $ | 3,481,375 |  |  | $ | 3,476,434 |
Rural Credit Union of Xushui District Loan 2 |  |  | 1,198,072 |  |  |  | 1,196,372 |
Total |  |  | 4,679,447 |  |  |  | 4,672,806 |
Less: Current portion of long-term loans |  |  | (3,564,961 | ) |  |  | (3,559,902 | )
Long-term loans |  | $ | 1,114,486 |  |  | $ | 1,112,904 |
Schedule of Long-Term Debt Repayments | As of March 31, 2025, the Company’s long-term debt repayments for the next coming years were as follows:
|  | Amount |
Fiscal year |  |  |
Remainder of 2025 |  | $ | 3,564,961 |
2026 & after |  |  | 1,114,486 |
Total |  |  | 4,679,447 |

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