Bank Loans (Tables)

12 Months Ended

Dec. 31, 2023

Bank Loans [Abstract]

Schedule of Short-Term Loans

Short-term loans consist of the following:

	December 31,
	2023		2022
In July 2021, YZ JIT entered into a loan agreement with China Everbright Bank to borrow to US$289,973 (approximated RMB 2,000,000) with a fixed annual interest rate at 5.88%, originally maturity on July 18, 2022. YZ JIT repaid US$138,104 (approximated RMB 952,530.96) during 2022 and extend the remaining loan principal amount to $151,869 (approximated RMB 1,047,469.04) till January 19, 2023 with the same interest rate. This loan was secured by Linhai Zhu, the CEO of the Company, and his spouse Ms. Liu Mei and Guangzhou JIE., a related company under common control of Linhai Zhu. The loan was full repaid by January 2023.	$	-	$	151,869
In May 2022, YZ JIT borrowed from Bank of China amount to US$507,452 (approximated RMB 3,500,000) with a fixed annual interest rate at 4.10%, due on May 20, 2023. This loan was secured by Hunan Small and Medium-sized Enterprise Financing Guarantee Ltd., Linhai Zhu, the CEO of the Company, and his spouse Liu Mei and Guangzhou JIE., a related company under common control of Linhai Zhu. YZ JIT repaid the loan in full by the maturity date in May 2023.		-		507,452
In June 2023, YZ JIT borrowed from Bank of China amount to US$422,541 (approximated RMB 3,000,000) with a fixed annual interest rate at 3.80%, due on June 29, 2024. This loan was secured by Mr. Linhai Zhu, the CEO of the Company, and his spouse Ms. Liu Mei and Guangzhou JIE., a related company under common control of Linhai Zhu.		422,541		-
In August 2022, YZ JIT borrowed from China Construction Bank amount to US$579,945 (approximated RMB 4,000,000) with a fixed annual interest rate at 4.50%, originally maturity on August 16, 2023. YZ JIT repaid RMB 20,746.58 during 2023 and extended the remaining loan principal amount to US$560,466 (approximated RMB3,979,253.42) till August 16, 2024 with the annual interest rate of 4.75%. This loan was secured by Mr. Linhai Zhu, the CEO Company, and his spouse Ms. Liu Mei and Guangzhou JIE, a related company under common control of Linhai Zhu.		560,466		579,945
On July 20, 2022, YZ JIT borrowed from Postal Saving Bank of China amount to US$336,513 (approximated RMB 2,321,000) with a fixed annual interest rate at 4.90% due on July 21, 2023. This loan was secured by secured by Mr. Linhai Zhu, the CEO of the Company, and his spouse Ms. Liu Mei and Guangzhou JIE., a related company under common control of Linhai Zhu. This loan was guaranteed by Yongzhou Xiaoxiang Financing Guarantee Co., Ltd. and Hunan Financing Re-guarantee Co., Ltd. YZ JIT fully repaid the loan in July 2023.		-		336,514
Total	$	983,007	$	1,575,780

Schedule of Long-Term Loans

Long-term loans consist of following:

	December 31,
	2023			2022
In December 2021, YZ JIT entered into a loan agreement with Shenzhen Qianhai Webank to borrow US$86,992 (approximated RMB 600,000) with a fixed annual interest rate at 7.20%, repay in installment due on December 12, 2023.	$	-		$	49,709
In December 2023, YZ JIT and Shenzhen Qianhai Webank entered into a loan agreement to borrow RMB 310,000 (approximated US$43,663) with a fixed annual interest rate at 6.0653%, repay in installment due on December 12, 2025.		43,663			-
Subtotal of long-term loans		43,663			49,709
Less: long-term loans - current portion		(18,713	)		(49,709	)
Long-term loans – noncurrent portion	$	24,950		$	-