INTANGIBLE ASSETS, NET

9 Months Ended

Sep. 30, 2023

INTANGIBLE ASSETS, NET [Abstract]

INTANGIBLE ASSETS, NET

NOTE 10 - INTANGIBLE ASSETS, NET

Intangible assets, net consisted of the following:

	September 30, 2023			December 31, 2022
At cost:
Land use right	$	6,497,234		$	4,605,738
Software		120,344			119,550
Total		6,617,578			4,725,288
Less: accumulated amortization		(233,046	)		(161,496	)
Intangible assets, net	$	6,384,532		$	4,563,792

Amortization expenses for the nine months ended September 30, 2023 and 2022 were $83,367 and $328,142, respectively.