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SHORT-TERM INVESTMENTS (Details) - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Investments [Abstract]    
Available-for-sale investment [1] $ 0 $ 4,227,947
Derivative financial instruments [2] 5,505 8,641
Total short-term investments 5,505 4,236,588
Less: short-term investments, held for discontinued operations 0 0
Short-term investments, held for continuing operations $ 5,505 $ 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] Derivative financial instruments represented cross-currency swap the Company bought to manage its exposures to movements in foreign exchange rates primarily related to the RMB.