Inventories, Net

12 Months Ended

Dec. 31, 2025

Inventories, Net [Abstract]

INVENTORIES, NET

7. INVENTORIES, NET

Inventories, net consisted of the following:

	December 31, 2025		December 31, 2024
Raw materials	$	37,247,442	$	3,317,887
Finished goods		17,247,048		16,666,207
Goods in transit		25,491,587		—
Total inventories, net	$	79,986,077	$	19,984,094

For the years ended December 31, 2025, 2024 and 2023, the Company provided inventory write-down of $2,862,847, $2,536,668 and $nil, respectively, against finished goods, because the carrying amount of certain finished goods were below net realizable value.