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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Summary of Significant Accounting Policies [Line Items]  
Schedule of Exchange Rates The following are the exchange rates that were used in translating the Company’s PRC subsidiaries’ financial statements into the consolidated financial statements:
    For the Years Ended December 31
    2024    2023    2022 
Period Ended spot   US$1=RMB 7.2993    US$1=RMB 7.0999    US$1=RMB 6.8972 
Period Average   US$1=RMB 7.1957    US$1=RMB 7.0809    US$1=RMB 6.7290 
Schedule of Reconciliation of the Beginning and Ending Balances

The following is a reconciliation of the beginning and ending balances for convertible loans measured at fair value on a recurring basis using significant unobservable inputs (Level 3) as of December 31, 2024.

 

   December31,
2024
 
Opening balance  $
-
 
New convertible loans issued   4,985,000 
Loss on change in fair value of convertible loan   678,297 
Conversion of convertible loans   (5,663,297)
Total  $
-
 
Schedule of Estimated Useful Lives The Company calculates depreciation using the straight-line method, after consideration of the estimated residual values, over the following estimated useful lives:
Category  Useful lives  Estimated residual value 
Buildings  20 years   10%
Machinery and Equipment  10 years   10%
Motor vehicles  5 years   10%
Electronic Equipment  5 years   10%
Office Equipment  3 years   10%
Inspection Equipment  5 years   10%
Schedule of Amortization of Finite-Lived Intangible Assets Amortization of finite-lived intangible assets is computed using the straight-line method over the estimated useful lives, which is as follows:
Category   Useful lives 
Land use rights   50 years 
Patent   5 years 
Trademark   10 years 
Schedule of Disclosed Type of Revenue by Government Category

The Company has disclosed the type of revenue by government category as follows.

 

   December 31, 2024   December 31, 2023   December 31, 2022 
   US$   US$   US$ 
Category  Produced   Purchased   Total   Produced   Purchased   Total   Produced   Purchased   Total 
Class I   10,462,456    10,462,508    20,924,964    6,259,470    8,695,782    14,955,252    7,463,707    8,572,512    16,036,219 
Class II   34,093,194    34,353,345    68,446,539    37,515,249    35,188,004    72,703,253    37,229,199    36,177,490    73,406,689 
Class III   524,269    1,199,091    1,723,360    895,344    1,572,707    2,468,051    1,189,906    1,863,990    3,053,896 
Others   2,526,422    3,288,357    5,814,779    3,526,606    3,445,753    6,972,359    4,632,164    6,217,373    10,849,537 
Total   47,606,341    49,303,301    96,909,642    48,196,669    48,902,246    97,098,915    50,514,976    52,831,365    103,346,341 
Schedule of Major Product Type Included in each Government Category

Furthermore, the Company has disclosed revenue by major product type included in each government category.

 

      December 31,   December 31,    December 31, 
      2024   2023   2022 
Category  Products  US$   US$   US$ 
Class I  Eye drops bottle   1,540,486    1,904,140    2,583,231 
   Oral medicine bottle   2,804,649    2,900,606    3,965,345 
   Anal bag   3,528,487    1,527,406    837,328 
   Other Class I   13,051,342    8,623,100    8,650,315 
Subtotal-Class I      20,924,964    14,955,252    16,036,219 
Class II  Masks   150,666    55,428    410,163 
   Identification tape   13,627,229    11,386,775    12,262,269 
   Disposable medical brush   9,836,287    8,808,084    8,337,650 
   Gynecological inspection kits   8,122,799    7,453,735    7,571,089 
   Surgical kit   2,583,310    3,327,658    4,830,930 
   Medical brush   5,110,705    5,776,772    5,231,299 
   Medical kit   1,667,447    2,614,953    4,066,663 
   Other Class II   27,348,096    33,279,848    30,696,626 
Subtotal-Class II      68,446,539    72,703,253    73,406,689 
Class III  Electronic pump   145,123    225,510    142,828 
   Anesthesia puncture kit   335,460    326,671    539,615 
   Disposable infusion pump   130,059    176,061    280,081 
   Infusion pump   112,523    304,978    367,652 
   Electronic infusion pump   3,987    967    44,812 
   Laparoscopic trocar   31,206    44,783    139,284 
   Other Class III   965,002    1,389,081    1,539,624 
Subtotal-Class III      1,723,360    2,468,051    3,053,896 
Others      5,814,779    6,972,359    10,849,537 
Total      96,909,642    97,098,915    103,346,341 
Goods [Member]  
Summary of Significant Accounting Policies [Line Items]  
Schedule of Type of Customers

The Company’s disaggregated revenues are represented by two categories which are type of goods and type of customers. 

   For the year ended December 31, 
   2024   2023   2022 
   US$   US$   US$ 
Self-Manufactured Products   47,606,340    48,196,669    50,514,976 
Resales of Sourced Disposable Medical Devices from Third Party Manufacturers   49,303,302    48,902,246    52,831,365 
Total Revenue   96,909,642    97,098,915    103,346,341 
Customers [Member]  
Summary of Significant Accounting Policies [Line Items]  
Schedule of Type of Customers

Type of Customers

 

   For the year ended December 31, 
   2024   2023   2022 
   US$   US$   US$ 
Direct sales   6,766,636    8,077,373    9,465,644 
Distributors   90,143,006    89,021,542    93,880,697 
Total Revenue   96,909,642    97,098,915    103,346,341