PROPERTY, PLANT AND EQUIPMENT, NET (Tables)

3 Months Ended

Mar. 31, 2024

PROPERTY, PLANT AND EQUIPMENT, NET [Abstract]

Property, Plant and Equipment, Net

Property, plant and equipment, net consisted of the following:

	March 31, 2024 (Unaudited)			December 31, 2023
At cost:
Plant and building	$	11,363,200		$	11,549,755
Land		1,063,270			1,063,270
Machinery and equipment		3,439,443			3,437,783
Leasehold improvement		6,329,451			6,221,899
Office equipment		2,166,478			2,179,269
Motor vehicles		1,200,275			1,106,055
Construction in progress		601,487			531,248
Total		26,163,604			26,089,279
Less: accumulated depreciation		(4,982,402	)		(4,677,524	)
Impairment		(985,483	)		(1,010,234	)
Property, plant and equipment, net	$	20,195,719		$	20,401,521