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FAIR VALUE MEASUREMENT - Measured at fair value on a recurring basis (Details) - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Risk free interest rate, minimum 3.50% 10.00%  
Risk free interest rate, maximum 4.50% 15.00%  
Financial instruments held, at fair value $ 75,547,082 $ 428,159,554  
Long-term available-for-sale investments 4,410,382 4,066,490  
Fair value assets transferred from level 1 to level 2 0 0  
Fair value assets transferred from level 2 to level 1 0 0  
Fair value liabilities transferred from level 1 to level 2 0 0  
Fair value liabilities transferred from level 2 to level 1 0 0  
Fair value assets transferred into level 3 0 0  
Fair value assets transferred out of level 3 0 0  
Fair value liabilities transferred into level 3 0 0  
Fair value liabilities transferred out of level 3 0 0  
Impairment loss related to long-term available-for-sale securities 0 0 $ 472,605
Other Comprehensive Income (Loss)      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Unrealized loss   450,325  
Unrealized gain 343,892    
Other Income      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Unrealized loss 257,065 426,428  
Recurring      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long-term available-for-sale investments 4,410,382 4,066,490  
Total 83,980,646 438,654,300  
Recurring | Funds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments held, at fair value 18,153,978 6,423,924  
Cash and cash equivalents 4,023,182 6,428,256  
Recurring | Bonds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments held, at fair value 54,418,366 418,077,123  
Recurring | Stocks      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments held, at fair value 2,270,679 3,014,507  
Recurring | Others      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments held, at fair value 704,059 644,000  
Recurring | Quoted prices in active markets for identical instruments (Level 1)      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total 64,107,383 430,798,845  
Recurring | Quoted prices in active markets for identical instruments (Level 1) | Funds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments held, at fair value 2,691,097 2,634,959  
Cash and cash equivalents 4,023,182 6,428,256  
Recurring | Quoted prices in active markets for identical instruments (Level 1) | Bonds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments held, at fair value 54,418,366 418,077,123  
Recurring | Quoted prices in active markets for identical instruments (Level 1) | Stocks      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments held, at fair value 2,270,679 3,014,507  
Recurring | Quoted prices in active markets for identical instruments (Level 1) | Others      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments held, at fair value 704,059 644,000  
Recurring | Significant other observable inputs (Level 2)      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total 11,770,376 353,525  
Recurring | Significant other observable inputs (Level 2) | Funds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments held, at fair value 11,770,376 353,525  
Recurring | Significant unobservable inputs (level 3)      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long-term available-for-sale investments 4,410,382 4,066,490  
Total 8,102,887 7,501,930  
Recurring | Significant unobservable inputs (level 3) | Funds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments held, at fair value $ 3,692,505 $ 3,435,440