SHORT-TERM INVESTMENTS

12 Months Ended

Dec. 31, 2023

SHORT-TERM INVESTMENTS [Abstract]

SHORT-TERM INVESTMENTS

NOTE 4 – SHORT-TERM INVESTMENTS

	December 31, 2023		December 31, 2022
Available-for-sale investment (1)	$	4,227,947	$	-
Cross-currency swap (2)		8,641		-
Total	$	4,236,588	$	-

(1) Available-for-sale investment represented wealth management products purchased from banks, for which the contractual maturity dates are less than one year.

(2) Cross-currency swap was bought by the Company to manage its exposures to movements in foreign exchange rates primarily related to the RMB.