v3.26.1
Consolidated Balance Sheets
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Assets    
Cash $ 15,153,909 $ 15,960,057
Restricted Cash 1,328,895
Bank acceptance receivables 12,064,673 18,566,258
Accounts receivable, net 84,325,038 78,660,700
Inventories 1,704,309 1,409,639
Prepayments and other current assets 17,359,921 9,740,424
Total current assets 153,583,568 143,438,322
Property, plant and equipment 7,699,159 7,886,579
Intangible assets 446,495 443,035
Long term investment 23,452,325 22,389,540
Prepayments and other noncurrent assets 22,000,808 11,088,736
Deferred tax assets.net 992,904
Total assets 207,182,355 186,239,116
Liabilities    
Short-term bank borrowings 8,987,430 7,945,966
Accounts payable 8,420,142 15,475,673
Taxes payable 169,868 1,243,127
Accrued expenses and other current liabilities 673,703 1,269,908
Contingent liability 1,328,895
Total current liabilities 18,251,143 27,263,569
Commitments and contingencies
Shareholders’ equity    
Preferred share, $0.05 par value, 2,000,000,000 shares authorized, no shares issued and outstanding as of December 31, 2025 and 2024
Share to be issued 6,080,000
Treasury shares, at cost, 2,320 shares both as of December 31, 2025 and 2024, respectively* [1] (200,000) (200,000)
Additional paid-in capital 59,642,379 49,221,322
Statutory surplus reserves 16,300,937 16,238,283
Retained earnings 111,945,994 105,226,822
Accumulated other comprehensive loss (4,872,992) (11,526,831)
Total shareholders’ equity 188,931,212 158,975,547
Total equity 188,931,212 158,975,547
Total liabilities and equity 207,182,355 186,239,116
Class A Ordinary Shares    
Shareholders’ equity    
Ordinary Shares, value [1] 34,894 15,951
Class B Ordinary Shares    
Shareholders’ equity    
Ordinary Shares, value [1]
Related Party    
Assets    
Accounts receivable-a related party 1,499,525 727,180
Due from related parties $ 21,476,193 $ 17,045,169
[1] Number as of December 31, 2024 was retroactively restated for 100-for-1 share consolidation with effective date of November 8, 2025.