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RELATED PARTY TRANSACTIONS, Due from Related Parties (Details)
12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2022
NZD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Amount due from Related Parties - Current [Abstract]          
Amounts due from related parties before provision for receivable $ 366,936   $ 1,399,545    
Less: provision for receivable from a related party [1] 0   (166,911)    
Amounts due from related parties, net 366,936   1,232,634    
Accounts receivable relating to the sale of industrial equipment 678,887   348,773    
Amount due from Related Parties, Noncurrent [Abstract]          
Amounts due from related parties before provision for receivable 0   4,834,973    
Less: provision for receivable from a related party 0   0    
Amounts due from related parties -non-current $ 0   4,834,973    
5 - Year Loan [Member]          
Amount due from Related Parties, Noncurrent [Abstract]          
Loan term 5 years        
Aggregate principal amount $ 4,439,400 $ 7,000,000      
Bearing interest rate 2.50% 2.50%      
Maturity period Aug. 31, 2026        
Hangzhou Hezhe [Member]          
Amount due from Related Parties - Current [Abstract]          
Amounts due from related parties before provision for receivable [2] $ 366,936   817,640    
Zhejiang Zhongchai [Member]          
Amount due from Related Parties - Current [Abstract]          
Amounts due from related parties before provision for receivable [3] 0   412,797    
Accounts receivable relating to the sale of industrial equipment     340,770    
Advances to related party     72,027    
Shanghai Hengyu [Member]          
Amount due from Related Parties - Current [Abstract]          
Amounts due from related parties before provision for receivable 0   2,197    
Jiangsu Rongyuan [Member]          
Amount due from Related Parties - Current [Abstract]          
Amounts due from related parties before provision for receivable [1] 0   166,911    
Provision for receivable from advances to related party     0 $ 227,807 $ 206,187
Reversal of provision for receivable from related party     78,931    
Bendon Limited [Member]          
Amount due from Related Parties, Noncurrent [Abstract]          
Amounts due from related parties before provision for receivable [4] $ 0   $ 4,834,973    
[1] The balances mainly represent advances to related parties for daily operational purposes. The business conditions of Jiangsu Rongyuan deteriorated and, as a result, the Company recognized provision for receivables of nil, $227,807 and $206,187 for the years ended December 31, 2021, 2020 and 2019, respectively. For the year ended December 31, 2020, the Company wrote off the balance of provision that it recognized in 2019. The Company reversed the provision of $78,931 for the year ended December 31, 2021 due to the repayment from the related party. The balance was written off during the year ended December 31, 2022.
[2] The balance mainly represents the prepayment for raw material to the related party.
[3] The balances mainly represent accounts receivable relating to the sale of industrial equipment of $340,770 and advances to Zhejiang Zhongchai for daily operational purposes of $72,027 as of December 31, 2021.
[4] The balance represents a 5-year loan in the aggregate principal amount of $4,439,400 (New Zealand Dollar 7,000,000) to the related party, bearing interest of 2.5% annually and maturing in August 2026.As for the resignation of Mr. Justin Davis-Rice in 2022, the controller of Bendon Limited and the former director of CEGL, Bendon Limited was not a related party as of December 31, 2022.