v3.26.1
Property, Plant and Equipment
 12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

6. Property, Plant and Equipment

 

Property, plant and equipment consisted of the following:

 

   December 31,
2025		   December 31, 2024 
   US$   US$ 
Buildings   9,483,670    9,085,838 
Machinery and equipment   2,223,640    2,114,970 
Motor vehicles   626,726    600,435 
Electronic equipment   238,587    228,578 
Office equipment   42,819    41,023 
Inspection equipment   103,553    99,209 
Total   12,718,995    12,170,053 
Less: accumulated depreciation   5,019,836    4,283,474 
Property and equipment, net   7,699,159    7,886,579 

 

Depreciation expense was $ 533,963, $543,658 and $408,233 for the years ended December 31, 2025, 2024 and 2023, respectively.

 

As of December 31, 2025 and 2024, the Company pledged buildings to secure bank borrowings as disclosed in Note 9.