MOTOR VEHICLE

3 Months Ended

Mar. 31, 2026

Property, Plant, and Equipment [Abstract]

MOTOR VEHICLE

5. MOTOR VEHICLE

In April 2023, the Company purchased a motor vehicle for approximately $143,231 (RMB1,012,301). A motor vehicle is recorded at cost less accumulated depreciation. Gains or losses on disposals are reflected as gain or loss in the period of disposal. All ordinary repair and maintenance costs are expensed as incurred.

Depreciation of a motor vehicle is computed using the straight-line method over the estimated useful lives of 5 years. Depreciation expense recorded for this motor vehicle for the three months ended March 31, 2026 and 2025 was $6,947 and $6,611, respectively.

As of March 31, 2026 net book value of a motor vehicle was $65,427.