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Subsequent Events (Tables)
12 Months Ended
Dec. 31, 2024
Subsequent Events [Abstract]  
Schedule of Repayments on Bank Borrowings

Subsequent new bank borrowings consisted of the following:

 

Lender  Company  Rate   Issuance
Date
  Collateral/
Security
  Amount-RMB   Amount-
US$
 
Jiangsu Yangzhou Rural Commercial Bank  Huadong   2.46%  1/14/2025  Yada, Yongjun Liu   10,000,000    1,369,994 
Zheshang Bank of China  Huada   2.50%  1/23/2025  Yongjun Liu, Yin Liu   5,000,000    684,997 
Bank of Communications  Huada   2.60%  3/20/2025  Yongjun Liu, Yin Liu   8,000,000    1,095,996 
Bank of Communications  Huadong   2.65%  1/14/2025  N/A   9,000,000    1,232,995 
Bank of Communications  Huadong   2.65%  3/26/2025  N/A   9,000,000    1,232,995 
Bank of China  Huadong   2.40%  3/5/2025  Yongjun Liu, Yin Liu   5,000,000    684,997 
Agricultural Bank of China  Huadong   2.40%  1/10/2024  Yongjun Liu, Yin Liu   9,000,000    1,232,995 
Total                 55,000,000    7,534,969 
Schedule of Repayments on Bank Borrowings

Subsequent repayments on bank borrowings consisted of the following:

 

Lender  Company  Rate   Repayment
Date
  Collateral/Security  Amount-RMB   Amount-
US$
 
Jiangsu Yangzhou Rural Commercial Bank  Huadong   3.30%  1/14/2025  Yada, Yongjun Liu   5,000,000    684,997 
Bank of Communications  Huadong   2.55%  1/14/2025  N/A   9,000,000    1,232,995 
Bank of Communications  Huadong   2.65%  3/26/2025  N/A   9,000,000    1,232,995 
Bank of China  Huadong   2.40%  3/3/2025  Yongjun Liu, Yin Liu   5,000,000    684,997 
Industrial and Commercial Bank of China  Yada   3.45%  2/21/2025  Properties of Yada   9,000,000    1,232,995 
Total                 37,000,000    5,068,979