CONCENTRATIONS (Tables)

9 Months Ended

Sep. 30, 2024

CONCENTRATIONS [Abstract]

Customer and Purchase Concentration Risks

(a) Customers

The following table sets forth information as to each customer that accounted for 10% or more of net revenue for the nine months ended September 30, 2024 and 2023.

	Nine Months ended					Nine Months ended
	September 30, 2024, (Unaudited)					September 30, 2023, (Unaudited)
Customer	Amount			% of Total		Amount			% of Total
A		$	669,263		*		$	2,219,933		16	%
Total		$	669,263		-		$	2,219,933		16	%

* Indicates below 10%.

The following table sets forth information as to each customer that accounted for 10% or more of total gross accounts receivable as of September 30, 2024 and December 31, 2023.

	As of September 30, 2024, (Unaudited)					As of December 31, 2023,
Customer	Amount		% of Total			Amount		% of Total
A	$	1,389,401		22	%	$	723,636	*
B		1,247,038		20	%		1,237,751		15	%
C		53,113		*			2,724,397		32	%
Total	$	2,689,552		42	%	$	4,685,785		47	%

* Indicates below 10%.

The following table sets forth information as to each customer that accounted for 10% or more of advance from customers as of September 30, 2024 and December 31, 2023.

	As of September 30, 2024, (Unaudited)					As of December 31, 2023,
Customer	Amount		% of Total			Amount		% of Total
A	$	823,858		17	%	$	821,806		24	%
D		841,433		17	%		855,240		25	%
E		323,856		*			901,343		27	%
Total	$	1,989,147		34	%	$	2,578,389		76	%

(b) Suppliers

For the nine months ended September 30, 2024 and 2023, the Company’s material suppliers, each of whom accounted for more than 10% of the Company’s total purchases, were as follows:

	Nine Months ended September 30, 2024, (Unaudited)					Nine Months ended September 30, 2023, (Unaudited)
Supplier	Amount		% of Total			Amount		% of Total
A	$	9,645,436		54	%	$	5,593,765		26	%
B		1,929,796		11	%		1,922,570		*
C		349,786		*			3,078,975		14	%
Total	$	11,925,018		65	%	$	10,595,310		40	%

* Indicates below 10%.

The following table sets forth information as to each supplier that accounted for 10% or more of advance to suppliers as of September 30, 2024 and December 31, 2023.

	As of September 30, 2024, (Unaudited)					As of December 31, 2023,
Supplier	Amount		% of Total			Amount		% of Total
A	$	3,582,162		25	%	$	1,280,302		10	%
B		293,159		*			2,492,312		20	%
C		3,173,880		22	%		2,880,875		23	%
D		2,564,979		18	%		2,535,247		20	%
Total	$	9,614,180		65	%	$	9,188,736		73	%