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INTANGIBLE ASSETS, NET
 12 Months Ended
Dec. 31, 2023
INTANGIBLE ASSETS, NET [Abstract]  
INTANGIBLE ASSETS, NET

NOTE 11 – INTANGIBLE ASSETS, NET



Intangible assets, net consisted of the following:


   
December 31,
2023
    
December 31,
2022
  
At cost:
            
Land use right
  
$
5,584,050
    
$
4,605,738
  
Trademark     809,738       -  
Technology     734,517       -  
Software
    
118,350
      
119,550
  
Total
    
7,246,655
      
4,725,288
  
Less: accumulated amortization
    
(372,874
)
    
(161,496
)
Intangible assets, net
  
$
6,873,781
    
$
4,563,792
  



Amortization expenses for the years ended December 31, 2023 and 2022 were $213,996 and $46,133, respectively.



Impairment loss for the years ended December 31, 2023 and 2022 were $nil and $2,995,440, respectively.