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Intangible Assets, Net
12 Months Ended
Dec. 31, 2025
Intangible Assets, Net [Abstract]  
INTANGIBLE ASSETS, NET

10. INTANGIBLE ASSETS, NET

 

Intangible assets, net consist of the following:

 

   December 31,   December 31, 
   2025   2024 
         
Trading rights of license plates  $128,503   $128,824 
System and software   627,987    628,131 
Subtotal   756,490    756,955 
Less: accumulated amortization   (281,024)   (224,133)
Total intangible assets, net  $475,466   $532,822 

 

Amortization expense included in general and administration expenses for the years ended December 31, 2025 and 2024 was $57,035 and $57,035, respectively.

The estimated future amortization is as follows:

 

As of December 31, 2025  Estimated
amortization
expense
 
From January 1, 2026 to December 31, 2026  $57,035 
From January 1, 2027 to December 31, 2027   57,035 
From January 1, 2028 to December 31, 2028   57,035 
From January 1, 2029 to December 31, 2029   57,035 
From January 1, 2030 to December 31, 2030   57,035 
Thereafter   61,788 
Total  $346,963 

 

Type 1 and Type 2 licenses by Hong Kong Securities and Futures Commission have no expiration date and do not require amortization, the amount was $128,503 and $128,824.