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SHORT-TERM INVESTMENTS (Details) - USD ($)
Mar. 31, 2024
Dec. 31, 2023
SHORT-TERM INVESTMENTS [Abstract]    
Available-for-sale investment [1] $ 4,180,713 $ 4,227,947
Cross-currency swap [2] 14,404 8,641
Total $ 4,195,117 $ 4,236,588
[1] Available-for-sale investment represented wealth management products purchased from banks, for which the contractual maturity dates are more than three months and 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.