v3.26.1
Consolidated Statements of Changes in Shareholders’ Equity - USD ($)
Ordinary shares
Class A
Ordinary shares
Class B
Additional paid-in capital
Share to be issued
Treasury shares amount
Statutory surplus reserves
Retained earnings
Accumulated other comprehensive income (loss)
Non-controlling interests
Total
Balance at Dec. 31, 2022 $ 11,970 [1] [1] $ 42,967,006 $ 15,665,860 $ 83,330,239 $ (3,852,138) $ 556,143 $ 138,679,080
Balance (in Shares) at Dec. 31, 2022 [1] 239,400                
Balance (in Shares) at Dec. 31, 2022                  
Net income [1] [1] 11,625,417 (34,376) 11,591,041
Appropriation of statutory reserve [1] [1] 319,767 (319,767)
Currency translation adjustment [1] [1] (3,416,514) (15,785) (3,432,299)
Balance at Dec. 31, 2023 $ 11,970 [1] [1] 42,967,006 15,985,627 94,635,889 (7,268,652) 505,982 146,837,822
Balance (in Shares) at Dec. 31, 2023 [1] 239,400                  
Conversion of convertible debt $ 3,981 [1] [1] 5,659,316 5,663,297
Conversion of convertible debt (in Shares) [1] 79,645                  
Treasury stocks [1] [1] $ (200,000) (200,000)
Treasury stocks (in Shares)         (2,320)          
Warrants [1] [1] 595,000 595,000
Disposal of shareholders’ interest in a subsidiary [1] [1]     (485,967) (485,967)
Net income [1] [1] 10,843,589 (6,282) 10,837,307
Appropriation of statutory reserve [1] [1] 252,656 (252,656)
Currency translation adjustment [1] [1] (4,258,179) (13,733) (4,271,912)
Balance at Dec. 31, 2024 $ 15,951 [1] [1] 49,221,322 $ (200,000) 16,238,283 105,226,822 (11,526,831) $ 158,975,547
Balance (in Shares) at Dec. 31, 2024 [1] 319,045                  
Balance (in Shares) at Dec. 31, 2024         (2,320)         (2,320) [2]
Issuance of common shares in private placements $ 18,000 [1] [1] 10,422,000 6,080,000 $ 16,520,000
Issuance of common shares in private placements (in Shares) [1] 360,000                  
Fractional share issued for reverse stock split $ 943 [1] [1] (943)
Fractional share issued for reverse stock split (in Shares) [1] 18,869                  
Net income [1] [1] 6,781,826 6,781,826
Appropriation of statutory reserve [1] [1] 62,654 (62,654)
Currency translation adjustment [1] [1] 6,653,839 6,653,839
Balance at Dec. 31, 2025 $ 34,894 [1] [1] $ 59,642,379 $ 6,080,000 $ (200,000) $ 16,300,937 $ 111,945,994 $ (4,872,992) $ 188,931,212
Balance (in Shares) at Dec. 31, 2025 [1] 697,914                
Balance (in Shares) at Dec. 31, 2025         (2,320)         (2,320) [2]
[1] Share and per share number for the years ended December 31, 2024 and 2023 was retroactively restated for 100-for-1 share consolidation with effective date of November 8, 2025.
[2] Number as of December 31, 2024 was retroactively restated for 100-for-1 share consolidation with effective date of November 8, 2025.