BANK AND OTHER BORROWINGS (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

SCHEDULE OF BALANCE OF LOAN BORROWED UNDER CREDIT LINES

The balance of the loans borrowed as of December 31, 2023 and 2022 was as follows:

	December 31, 2023		December 31, 2022
Bank loan from the trust in PRC	$	20,343	$	60,049
China Construction Bank		475,121		276,447
Guangdong NanYue Bank		24,164		67,375
WeBank		129,396		77,220
Bank of Ningbo		21,041		-
Aggregate outstanding principal balances		670,065		481,091
Less: current portion		458,023		422,653
Non-current portion	$	212,042	$	58,438

SCHEDULE OF FUTURE MINIMUM LOAN PAYMENTS

Future minimum loan payments as of December 31, 2023 are as follows:

Year ending December 31,
2024	$	367,178
2025		140,507
2026		154,144
2027		5,066
Thereafter		3,170
Total	$	670,065