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REAL ESTATE PROPERTIES FOR LEASE, NET (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Real Estate [Abstract]    
REAL ESTATE PROPERTY FOR LEASE

Real estate properties for lease, net consisted of the followings:

 

REAL ESTATE PROPERTY FOR LEASE

   December 31,
2023
   June 30,
2024
 
   As of 
   December 31,
2023
   June 30,
2024
 
       (Unaudited) 
Plant  $2,294,868   $1,157,052 
Land use right   293,199    147,828 
Less: accumulated depreciation and amortization   (349,490)   (205,004)
Total real estate property for lease, net  $2,238,577   $1,099,876 

Real estate properties for lease, net consisted of the followings:

   2022   2023 
   As of December 31, 
   2022   2023 
Plant  $2,616,767   $2,294,868 
Land use right   346,081    293,199 
Less: accumulated depreciation and amortization   (278,784)   (349,490)
Total real estate property for lease, net  $2,684,064   $2,238,577 
SCHEDULE OF MINIMUM FUTURE REAL ESTATE LEASE INCOME

As of June 30, 2024, minimum future real estate lease income on non-cancelable leases subsequent to June 30, 2024, in the aggregate and foreach of the five succeeding fiscal years and thereafter, are as follows:

 

For the fiscal years ending December 31,  Amount 
Remainder of 2024  $48,767 
2025   4,673 
thereafter   9,345 
Total  $62,785 

As of December 31, 2023, minimum future real estate lease income on non-cancelable leases subsequent to December 31, 2023, in the aggregate and foreach of the five succeeding fiscal years and thereafter, are as follows:

 

For the fiscal years ended December 31,  Amount 
2024   45,190 
thereafter   - 
Total  $45,190