Wetouch Technology (WETH) 10-Q14 Jun 242024 Q1 Quarterly reportFinancial data

Company Profile

Cover

Cover - shares	3 Months Ended
Cover - shares	Mar. 31, 2024	Jun. 14, 2024
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Entity Interactive Data Current	Yes
Amendment Flag	false
Document Period End Date	Mar. 31, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q1
Entity Information [Line Items]
Entity Registrant Name	WETOUCH TECHNOLOGY INC.
Entity Central Index Key	0001826660
Entity File Number	001-41957
Entity Tax Identification Number	20-4080330
Entity Incorporation, State or Country Code	NV
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Contact Personnel [Line Items]
Entity Address, Address Line One	No. 29, Third Main Avenue
Entity Address, Address Line Two	Shigao Town
Entity Address, Address Line Three	Meishan
Entity Address, City or Town	Sichuan
Entity Address, Country	CN
Entity Address, Postal Zip Code	620500
Entity Phone Fax Numbers [Line Items]
City Area Code	(86)
Local Phone Number	28-37390666
Entity Listings [Line Items]
Title of 12(b) Security	Common Stock, $0.001 par value per share
Trading Symbol	WETH
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		11,931,534

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)		Mar. 31, 2024	Dec. 31, 2023
CURRENT ASSETS
Cash		$ 94,796,450	$ 98,040,554
Loan receivable-unrelated parties		10,937,840	7,455,252
Inventories		184,743	222,102
Prepaid expenses and other current assets		4,116,860	1,063,627
TOTAL CURRENT ASSETS		110,035,893	106,781,535
Long term prepaid expenses		357,390
Property, plant and equipment, net		12,753,915	12,859,863
TOTAL ASSETS		123,147,198	119,641,398
CURRENT LIABILITIES
Accounts payable		566,171	640,795
Loan from a third party		385,694	469,591
Income tax payable		658,931
Accrued expenses and other current liabilities		626,611	3,992,905
Convertible promissory notes payable			1,239,126
TOTAL CURRENT LIABILITIES		2,237,407	6,342,417
Common stock purchase warrants liability		370,550	378,371
TOTAL LIABILITIES		2,607,957	6,720,788
COMMITMENTS AND CONTINGENCIES (Note 13)
STOCKHOLDERS’ EQUITY
Common stock, $0.001 par value, 15,000,000 shares authorized, 11,931,534 and 9,732,948 issued and outstanding as of March 31, 2024 and December 31, 2023, respectively*	[1]	11,932	9,733
Additional paid in capital	[1]	52,501,680	43,514,125
Statutory reserve		7,195,092	7,195,092
Retained earnings		70,035,962	69,477,092
Accumulated other comprehensive loss		(9,205,425)	(7,275,432)
TOTAL STOCKHOLDERS’ EQUITY		120,539,241	112,920,610
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY		$ 123,147,198	$ 119,641,398

[1] Retrospectively restated for effect of reverse stock split (1-for-20), see Note 9 (2)

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) - $ / shares		Mar. 31, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Common stock, par value (in Dollars per share)	[1]	$ 0.001	$ 0.001
Common stock, shares authorized	[1]	15,000,000	15,000,000
Common stock, shares issued	[1]	11,931,534	9,732,948
Common stock, shares outstanding	[1]	11,931,534	9,732,948

[1] Retrospectively restated for effect of reverse stock split (1-for-20), see Note 9 (2)

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income and Comprehensive Loss (Unaudited) - USD ($)		3 Months Ended
		Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
REVENUES		$ 14,877,259	$ 13,433,461
Cost of revenues		(11,539,301)	(7,394,661)
GROSS PROFIT		3,337,958	6,038,800
OPERATING EXPENSES
Selling expenses		(459,792)	(50,705)
General and administrative expenses		(530,524)	(1,666,756)
Research and development expenses		(42,738)	(20,885)
Total operating expenses		(1,033,054)	(1,738,346)
INCOME FROM OPERATIONS		2,304,904	4,300,454
OTHER INCOME (EXPENSES)
Interest income		31,347	29,195
Interest expense		(1,169,974)	(33,399)
Other income		46,620
Gain (loss) on changes in fair value of common stock purchase warrants liability		7,821	(97,602)
TOTAL OTHER EXPENSES		(1,084,186)	(101,806)
INCOME BEFORE INCOME TAX EXPENSE		1,220,718	4,198,648
INCOME TAX EXPENSE		(661,848)	(1,405,399)
NET INCOME		558,870	2,793,249
OTHER COMPREHENSIVE (LOSS) INCOME
Foreign currency translation adjustment		(1,929,993)	(680,976)
COMPREHENSIVE (LOSS) INCOME		$ (1,371,123)	$ 2,112,273
EARNINGS PER COMMON SHARE
Basic (in Dollars per share)		$ 0.04	$ 0.35
Diluted (in Dollars per share)		$ 0.04	$ 0.35
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING*
Basic (in Shares)	[1]	13,342,294	7,991,359
Diluted (in Shares)	[1]	13,392,999	8,102,988

[1]Retrospectively restated for effect of reverse stock split (1-for-20), see Note 10 (2)

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Changes in Stockholders’ Equity (Unaudited) - USD ($)	Common stock at Par value $0.001 Shares	Additional paid-in capital	Statutory reserve	Retained Earnings	Accumulated other comprehensive loss	Total
Balance at Dec. 31, 2022	$ 1,680	$ 3,402,178	$ 6,040,961	$ 62,366,892	$ (2,977,524)	$ 68,834,187
Balance (in Shares) at Dec. 31, 2022	1,680,248
Shares issued to private placement	$ 8,000	39,992,000				40,000,000
Shares issued to private placement (in Shares)	8,000,000
Net income				2,793,249		2,793,249
Foreign currency translation adjustment					(680,976)	(680,976)
Balance at Mar. 31, 2023	$ 9,680	43,394,178	6,040,961	65,160,141	(3,658,500)	110,946,460
Balance (in Shares) at Mar. 31, 2023	9,680,248
Balance at Dec. 31, 2023	$ 9,733	43,514,125	7,195,092	69,477,092	(7,275,432)	$ 112,920,610
Balance (in Shares) at Dec. 31, 2023	9,732,948					9,732,948	[1]
Issuance of common stock from the 2024 Public Offering, net of issuance costs	$ 2,160	8,987,594				$ 8,989,754
Issuance of common stock from the 2024 Public Offering, net of issuance costs (in Shares)	2,160,000
Exercise of warrants issued in conjunction with legal/consultant services in 2020 and 2021	$ 36	(36)
Exercise of warrants issued in conjunction with legal/consultant services in 2020 and 2021 (in Shares)	35,861
Exercise of warrants issued to third parties in conjunction with debt issuance in 2021	$ 3	(3)
Exercise of warrants issued to third parties in conjunction with debt issuance in 2021 (in Shares)	2,725
Net income				558,870		558,870
Foreign currency translation adjustment					(1,929,993)	(1,929,993)
Balance at Mar. 31, 2024	$ 11,932	$ 52,501,680	$ 7,195,092	$ 70,035,962	$ (9,205,425)	$ 120,539,241
Balance (in Shares) at Mar. 31, 2024	11,931,534					11,931,534	[1]

[1] Retrospectively restated for effect of reverse stock split (1-for-20), see Note 9 (2)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Cash flows from operating activities
Net income	$ 558,870	$ 2,793,249
Adjustments to reconcile net income to cash (used in) provided by operating activities
Depreciation	2,316	2,433
Amortization of discounts and issuance cost of the notes	5,715	6,941
Gain (loss) on changes in fair value of common stock purchase warrants liability	(7,821)	97,602
Changes in operating assets and liabilities:
Accounts receivable	(3,622,872)	(4,004,967)
Amounts due from related parties		(1,076)
Inventories	32,939	254,727
Prepaid expenses and other current assets	(3,429,690)	307,380
Accounts payable	(64,222)	702,052
Amounts due to related parties		(1,344)
Income tax payable	661,848	1,383,069
Accrued expenses and other current liabilities	(3,354,627)	1,176,473
Net cash (used in) provided by operating activities	(9,217,544)	2,716,539
Cash flows from investing activities
Purchase of property, plant and equipment	(111,289)
Net cash used in investing activities	(111,289)
Cash flows from financing activities
Proceeds from issuance of common stock, net of issue costs	8,989,754
Proceeds from stock issuance of private placement		40,000,000
Repayment of interest-free advances to a third party	(82,864)
Proceeds from interest-free advances from a third party		86,735
Repayments of convertible promissory notes payable	(1,400,750)	(35,000)
Net cash provided by financing activities	7,506,140	40,051,735
Effect of changes of foreign exchange rates on cash	(1,421,411)	(760,531)
Net (decrease) increase in cash	(3,244,104)	42,007,743
Cash, beginning of period	98,040,554	51,250,505
Cash, end of period	94,796,450	93,258,248
Supplemental disclosures of cash flow information
Income tax paid		22,330
Interest paid	1,186,210
Issue costs charged to additional paid-in capital	1,810,246
Exercise of warrant shares	$ 38,586

Business Description

Business Description	3 Months Ended
Business Description	Mar. 31, 2024
Business Description [Abstract]
BUSINESS DESCRIPTION	NOTE 1 — BUSINESS DESCRIPTION Wetouch Technology Inc. (“Wetouch”, or the “Company”), formerly known as Gulf West Investment Properties, Inc., was originally incorporated in August 1992, under the laws of the state of Nevada. On October 9, 2020, the Company entered into a share exchange agreement (the “Share Exchange Agreement”) with Wetouch Holding Group Limited (“BVI Wetouch”) and all the shareholders of BVI Wetouch (each, a “BVI Shareholder” and collectively, the “BVI Shareholders”), to acquire all the issued and outstanding capital stock of BVI Wetouch in exchange for the issuance to the BVI Shareholders an aggregate of 28,000,000 shares (1,400,000 shares post-Reverse Stock Split) of the Company’s common stock (the “Reverse Merger”). In the Reverse Merger, each ordinary share of BVI Wetouch was exchanged for 2,800 shares (140 shares post-Reverse Stock Split) of common stock of Wetouch. Immediately after the closing of the Reverse Merger on October 9, 2020, the Company had a total of 31,396,394 (1,569,820 shares post-Reverse Stock Split) issued and outstanding shares of common stock. As a result of the Reverse Merger, BVI Wetouch became a wholly-owned subsidiary of the Company. BVI Wetouch is a holding company whose only asset, held through a subsidiary, is 100% of the registered capital of Sichuan Wetouch Technology Co., Ltd. (“Sichuan Wetouch”), a limited liability company organized under the laws of the People’s Republic of China (“China” or the “PRC”). Sichuan Wetouch is primarily engaged in the business of research and development, manufacture, and distribution of touchscreen displays to customers both in the PRC and overseas. The touchscreen products, which are manufactured by the Company, are primarily for use financial terminals, automotive, Point of Sales, gaming, lottery, medical, Human-Machine Interface (HMI), and other specialized industries. The Reverse Merger was accounted for as a recapitalization effected by a share exchange, wherein BVI Wetouch is considered the acquirer for accounting and financial reporting purposes. The assets and liabilities of BVI Wetouch have been brought forward at their book value and no goodwill has been recognized. The number of shares, par value amount, and additional paid-in capital in the prior years are retrospectively adjusted accordingly. Corporate History of BVI Wetouch BVI Wetouch was incorporated under the laws of British Virgin Islands on August 14, 2020. It became the holding company of Hong Kong Wetouch Electronics Technology Limited (“Hong Kong Wetouch”) on September 11, 2020. Hong Kong Wetouch Technology Limited (“HK Wetouch”), was incorporated as a holding company under the laws of Hong Kong Special Administrative Region (the “SAR”) on December 3, 2020. On March 2, 2021, HK Wetouch acquired all shares of Hong Kong Wetouch. Due to the fact that Hong Kong Wetouch and HK Wetouch are both under the same sole stockholder, the acquisition is accounted for under common control. In June 2021, Hong Kong Wetouch completed its dissolution process pursuant to the minutes of its special stockholder meeting. Sichuan Wetouch was formed on May 6, 2011 in the PRC and became a Wholly Foreign-Owned Enterprise (“WFOE”) in PRC on February 23, 2017. On July 19, 2016, Sichuan Wetouch was 100% held by HK Wetouch. On December 30, 2020, Sichuan Vtouch was incorporated in Chengdu, Sichuan, under the PRC laws. In March 2021, pursuant to local PRC government guidelines on local environmental issues and the national plan, Sichuan Wetouch was under the government directed relocation order. Sichuan Vtouch took over the operating business of Sichuan Wetouch. On March 30, 2023, an independent third party acquired all shares of Sichuan Wetouch for a nominal amount. As a result of the above restructuring, HK Wetouch became the sole stockholder of Sichuan Vtouch. The following diagram illustrates the Company’s current corporate structure:

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
Summary of Significant Accounting Policies	Mar. 31, 2024
Summary of Significant Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 — SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (a) Basis of Presentation and Principles of Consolidation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted as permitted by rules and regulations of the United States Securities and Exchange Commission (the “SEC”). The condensed consolidated balance sheet as of December 31, 2023 was derived from the audited consolidated financial statements of Wetouch. The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the consolidated balance sheet of the Company as of December 31, 2023, and the related consolidated statements of comprehensive income, changes in equity and cash flows for the years then ended. In the opinion of the management, all adjustments (which include normal recurring adjustments) necessary to present a fair statement of the financial position as of March 31, 2024, the results of operations and cash flows for the three-month periods ended March 31, 2024 and 2023 have been made. However, the results of operations included in such financial statements may not necessarily be indicative of annual results. Deconsolidation of Sichuan Wetouch On March 30, 2023, upon transferring Sichuan Wetouch to a third-party individual for a nominal value, the Company was no longer able to operate and exert control over this subsidiary whose operation has been taken over by Sichuan Vtouch since the first quarter of 2021. As a result, Sichuan Wetouch was deconsolidated accordingly since the disposal date. The deconsolidated Sichuan Wetouch had assets, liabilities and the non-controlling interest on disposal date as the following: March 30, Total assets as of deconsolidated date $ - Total liabilities as of deconsolidated date - Total gain or loss from deconsolidation $ - Upon the deconsolidation, the Company was no longer entitled to the assets and also legally released from the liabilities previously held by the deconsolidated Sichuan Wetouch, derived nil gain or loss from the deconsolidation in the condensed consolidated statements of operations and comprehensive income for the three months ended March 31, 2023. The disposal of Sichuan Wetouch did not represent a strategic shift and did not have a major effect on the Company’s operation. There was no cash outflow for the disposal for the three months ended March 31, 2023. (b) Uses of Estimates In preparing the consolidated financial statements in conformity with US GAAP, management makes estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates are based on information as of the date of the consolidated financial statements. Significant estimates required to be made by management include, but are not limited to, the allowance for estimated uncollectible receivables, fair values of financial instruments, inventory valuations, useful lives of property, plant and equipment, the recoverability of long-lived assets, provision necessary for contingent liabilities, revenue recognition and realization of deferred tax assets. Actual results could differ from those estimates. (c) Significant Accounting Policies For a detailed discussion about Wetouch’s significant accounting policies, refer to Note 2 — “Summary of Significant Accounting Policies,” in Wetouch’s consolidated financial statements included in Company’s 2023 audited consolidated financial statements. Other than the revised accounting policy on property, plant and equipment, net, as below, during the three-month periods ended March 31, 2024, there were no significant changes made to Wetouch significant accounting policies. Property, plant and equipment, net Property, plant and equipment are stated at cost less accumulated depreciation. Depreciation is calculated on a straight-line basis over the following estimated useful lives: Useful life Buildings 20 years Machinery and equipment 10 years Office and electric equipment 3 years Vehicles 10 years Expenditures for maintenance and repairs, which do not materially extend the useful lives of the assets, are charged to expense as incurred. Expenditures for major renewals and betterments which substantially extend the useful life of assets are capitalized. The cost and related accumulated depreciation of assets retired or sold are removed from the respective accounts, and any gain or loss is recognized in the consolidated statements of income and other comprehensive income in other income or expenses. Construction in progress, funded by Company’s working capital, represents manufacturing facilities and office building under construction, is stated at cost and transferred to property, plant and equipment when it is substantially ready for its intended use. No depreciation is recorded for construction in progress. The management estimate that construction in progress will be completed by the end of first quarter of 2025 and will transfer construction in progress to property, plant and equipment to start depreciation.

Accounts Receivable

Accounts Receivable	3 Months Ended
Accounts Receivable	Mar. 31, 2024
Accounts Receivable [Abstract]
ACCOUNTS RECEIVABLE	NOTE 3 — ACCOUNTS RECEIVABLE Accounts receivable consists of the following: March 31, December 31, 2023 Accounts receivable $ 10,937,840 $ 7,455,252 The Company’s accounts receivable primarily includes balance due from customers when the Company’s products are sold and delivered to customers.

Prepaid Expenses and Other Curr

Prepaid Expenses and Other Current Assets	3 Months Ended
Prepaid Expenses and Other Current Assets	Mar. 31, 2024
Prepaid Expenses and Other Current Assets [Abstract]
PREPAID EXPENSES AND OTHER CURRENT ASSETS	NOTE 4 — PREPAID EXPENSES AND OTHER CURRENT ASSETS Prepaid expenses and other current assets consist of the following: March 31, December 31, Advance to suppliers $ 329,269 $ 334,852 VAT input 87,493 - Issue cost related to convertible promissory notes - 64,802 Prepayment for land use right (i) 543,638 537,998 Security deposit (ii) 54,430 53,865 Prepaid consulting service fees (iii) 2,138,482 - Prepaid market research fees (iv) 955,000 - Others receivable (v) 5,750 72,110 Prepaid expenses and other current assets $ 4,116,860 $ 1,063,627 (i) On July 23, 2021, Sichuan Vtouch entered into a contract with Chengdu Wenjiang District Planning and Natural Resources Bureau for the purchase of a land use right of a parcel of land of 131,010 square feet for a consideration of RMB3,925,233 (equivalent to $543,638) for the Company’s new facility. The Company paid the consideration in full by November 18, 2021. Upon issuance of a certificate of land use right by the local government, which is estimated to be obtained by the fourth quarter of 2024, the Company will reclassify this prepayment to intangible assets accordingly. (ii) On July 28, 2021, Sichuan Vtouch made a security deposit of RMB393,000 (equivalent to $54,430) to Chengdu Cross-Strait Science and Technology Industry Development Park Management Committee to obtain a construction license for its new facility. This deposit will be refunded upon the issuance of the construction license by the end of 2024. (iii) In May, 2023, the Company entered into two third-party consulting service agreements for a fee of $1.35 million and $3.1 million, respectively, for the three-year of investment consulting services. The total fee would be amortized over the three-year service and reclassified to stock issuance costs accordingly. As of March 31, 2024, $ (iv) On February 29, 2024, the Company advanced market research fees $70,000 and $855,000, respectively, to two unrelated individuals, Mr. Chien Hui Chueh and Mr. Cheung Ming Lin, in relation to the Company’s market research service overseas. The two individuals signed borrowing contracts of $70,000 and $855,000 dated February 29, 2024, respectively, to the Company, with a principal amount of $70,000 and $855,000 to evidence the advance, bearing 3.45% interest per annum, and payable on February 28, 2025. (v) Other receivables are mainly employee advances, and prepaid expenses.

Property, Plant and Equipment,

Property, Plant and Equipment, Net	3 Months Ended
Property, Plant and Equipment, Net	Mar. 31, 2024
Property, Plant and Equipment, Net [Abstract]
PROPERTY, PLANT AND EQUIPMENT, NET	NOTE 5 — PROPERTY, PLANT AND EQUIPMENT, NET March 31, December 31, 2023 Buildings $ 11,928 $ 12,130 Machinery and equipment 3,878 3,944 Vehicles 40,553 41,241 Construction in progress 12,722,820 12,825,896 Subtotal 12,779,179 12,883,211 Less: accumulated depreciation (25,264 ) (23,348 ) Property, plant and equipment, net $ 12,753,915 $ 12,859,863 Depreciation expense was $2,316 and $ 2,433 three-month period ended March 31, 2024 Pursuant to local PRC government guidelines on local environment issues and the national overall plan, Sichuan Wetouch, was under the government directed relocation order to relocate no later than December 31, 2021 and received compensation accordingly. On March 18, 2021, pursuant to the agreement with the local government and an appraisal report issued by a mutual agreed appraiser, Sichuan Wetouch received a compensation of RMB115.2 million ($16.0 million) (the “Compensation Funds”) for the withdrawal of the right to use of state-owned land (the “property”) and the demolition of all buildings, facilities, equipment and all other appurtenances on the land. On March 16, 2021, in order to minimize interruption of the Company’s business, Sichuan Vtouch entered into a leasing agreement with Sichuan Renshou Shigao Tianfu Investment Co., Ltd. (later renamed as Meishan Huantian Industrial Co., Ltd.), a limited liability company owned by the local government, to lease the property, and all buildings, facilities and equipment thereon (the “Demised Properties) of Sichuan Wetouch, commencing from April 1, 2021 until December 31, 2021 at a monthly rent of RMB300,000 ($41,549). The lease was renewed on December 31, 2021 at a monthly rent of RMB 400,000 ($55,399) with a term from January 1, 2022 to October 31, 2024 for the use of the Demised Properties. As of March 31, 2024, the Company had construction commitment of RMB5.0 million (equivalent to $0.7 million).

Income Taxes

Income Taxes	3 Months Ended
Income Taxes	Mar. 31, 2024
Income Taxes [Abstract]
INCOME TAXES	NOTE 6 — INCOME TAXES Wetouch Wetouch is subject to a tax rate of 21% per beginning 2018, and files a U.S. federal income tax return. BVI Wetouch Under the current laws of the British Virgin Islands, BVI Wetouch, a wholly owned subsidiary of Wetouch, is not subject to tax on its income or capital gains. In addition, no British Virgin Islands withholding tax will be imposed upon the payment of dividends by the Company to its stockholders. Hong Kong HK Wetouch is subject to profit taxes in Hong Kong at a progressive rate of 16.5%. PRC Sichuan Vtouch files income tax returns in the PRC. Effective from January 1, 2008, the PRC statutory income tax rate is 25% according to the Corporate Income Tax (“CIT”) Law which was passed by the National People’s Congress on March 16, 2007. Sichuan Vtouch is subject to a 25% income tax rate. The effective income tax rates for the three-month period ended March 31, 2024 and 2023 were 25.4% and 33.5%, respectively. The estimated effective income tax rate for the year ending December 31, 2024 would be similar to actual effective tax rate of the three-month period ended March 31, 2024.

Accrued Expenses and Other Curr

Accrued Expenses and Other Current Liabilities	3 Months Ended
Accrued Expenses and Other Current Liabilities	Mar. 31, 2024
Accrued Expenses and Other Current Liabilities [Abstract]
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES	NOTE 7 — ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES Accrued expenses and other current liabilities consist of the following: March 31, December 31, 2023 Advance from customers (i) $ 191,727 $ 182,277 Accrued payroll and employee benefits 82,874 84,280 Accrued interest expenses - 240,805 Accrued private placement agent fees (ii) - 1,200,000 Accrued consulting fees (iii) - 1,370,972 Accrued litigation charges (iv) - 45,828 Accrued professional fees 134,792 330,180 Accrued director fees 128,517 106,824 Other tax payables (v) - 143,035 Others (vi) 88,701 288,704 Accrued expenses and other current liabilities $ 626,611 $ 3,992,905 (i) RMB2,587,825 (equivalent to $365,465) of the beginning balance of advance from customers was recognized as revenues for the year ended December 31, 2023. (ii) On March 18, 2023, the Company entered into a private placement consent agreement with a third-party investment bank firm on the agent fees of US$1.2 million, payable only on the completion of the private placement. The Company made the full payment in February, 2024. (iii) In May, 2023, the Company entered into two third-party consulting service agreements for a fee of $1.35 million and $3.1 million, respectively. The Company made the full payment in February 2024. Due to the service of three-year term, $316,378 was charged to additional paid-in capital as the closing cost of the 2024 Public Offering (as defined in Note 9), and the remaining was recognized as consulting service fee over the service period. (iv) During the year ended December 31, 2023, the Company accrued litigation compensation of RMB324,501 ($45,705) and court fee of RMB10,627 ($1,497). As of March 31, 2024, the Company made the full payment of RMB324,501 ($45,705) and reversed the court fee of RMB10,627 (1,497). For the details, please see NOTE 12 — COMMITMENTS AND CONTINGENCIES - Legal Proceedings - vii) and viii). (v) Other tax payable mainly represent value added tax payable. (vi) Others mainly represent accrued employee reimbursement payable and other accrued miscellaneous operating expenses.

Convertible Promissory Notes Pa

Convertible Promissory Notes Payable	3 Months Ended
Convertible Promissory Notes Payable	Mar. 31, 2024
Convertible Promissory Notes Payable [Abstract]
CONVERTIBLE PROMISSORY NOTES PAYABLE	NOTE 8 — CONVERTIBLE PROMISSORY NOTES PAYABLE a) Convertible promissory notes In October, November, and December 2021, the Company, issued seven (7) convertible promissory notes (the “Notes”) of an aggregate principal amount of US$2,250,000, due in one year with issuance price discounted 90.0%. The Notes bore interest at a rate of 8.0% per annum, payable in one year and matured on October 27, November 5, November 16, November 29 and December 2 of 2022. Net proceeds after debt issuance costs and debt discounts were approximately US$1,793,000. Debt issuance costs in the amount of US$162,000 are recorded as deferred charges and included in the other current assets on the consolidated balance sheet. The debt discount and debt issuance costs are amortized into interest expense using the effective interest method over the terms of the Notes. The details of the Notes are as follows: Unless the Notes are converted, the principal amounts of the Notes, and accrued interest at the rate of 8% per annum, are payable on the one-year anniversary of the issuance of the Notes (the “Maturity Date”). If the Company fails to satisfy its loan obligation by the Maturity Date, the default interest rate will be 16%. The Lenders have the right to convert any or all of the principal and accrued interest on the Notes into shares of common stock of the Company on the earlier of (i) 180 calendar days after the issuance date of the Notes or (ii) the closing of a listing for trading of the common stock of the Company on a national securities exchange offering resulting in gross proceeds to the Company of $15,000,000 or more (an “ Uplist Offering th Subject to customary exceptions, if the Company issues shares or any securities convertible into shares of common stock at an effective price per share lower than the conversion price of the Notes, the conversion rate of the Notes shall be reduced to such lower price. Until the Notes are either paid or converted in their entirety, the Company agreed with the Lenders not to sell any securities convertible into shares of common stock of the Company (i) at a conversion price that is based on the trading price of the stock or (ii) with a conversion price that is subject to being reset at a future date or upon an event directly or indirectly related to the business of the Company or the market for the common stock. The Company also agreed to not issue securities at a future determined price. The Lenders have the right to require the Company to repay the Notes if the Company receives cash proceeds, including proceeds from customers and the issuance of equity (including in the Uplist Offering). If the Company prepays the Notes prior to the Maturity Date, the Company shall pay a 10% prepayment penalty. From December 28, 2022 to April 6, 2023, the lenders of five outstanding Notes and the Company entered into an amendment to the Notes (“Amendment to Promissory Note”) extending the term of the Notes for an additional 6 months. From August 29 to September 9, 2023, the lenders of the outstanding Notes and the Company entered into an amendment to the Notes (“Amendment to Promissory Note”) that upon the listing of the Company’s common stock on the Nasdaq Capital Market (the “Uplist”), the Company shall within three (3) business days after the Uplist, pay to the Holders amounts equal to 105% of the total outstanding balance of the Convertible Debenture. During the year ended December 31, 2023, principal and default charges totaling $1,200,000 were converted into 25,000 shares of common stock of the Company. During the year ended December 31, 2023, principal, accrued and unpaid interest and default charges totaling $1,038,426 were converted into 69,228 shares of common stock of the Company. Two notes were fully converted On February 23, 2024, immediately upon the closing of the public offering (the “2024 Public Offering”), the Company made a full payment of $2,586,960 under the remaining five outstanding promissory notes, including the principal of $1,400,750 and the related accrued interests and default charges of $1,186,210. During the three-month period ended March 31, 2024 and 2023, amortization of discounts and issuance cost of the notes were US$5,715 and $6,941, respectively. For the three-month period ended March 31, 2024 and 2023, the Company recognized interest expenses of the Notes in the amount of US$1,169,974 and US$33,399, respectively. b) Warrants Accounting for Warrants In connection with the issuance of the Notes, the Company also issued to the lenders seven (7) three-year warrants (the “Note Warrants”) to purchase an aggregate of 90,000 shares of the Company’s common stock (the “Warrant Shares”). The Note Warrants issued to the lenders granted the holders the rights to purchase up to 10,000 shares of common stock of the Company at an exercise price of $25 per share. However, if the Company closes an Uplist Offering on or before the 180 th The lenders have the right to exercise the Note Warrants on a cashless basis if the highest traded price of a share of common stock of the Company during the 150 trading days prior to exercise of the Note Warrants exceeds the exercise price, unless there is an effective registration statement of the Company which covers the resale of the Lenders. If the Company issues shares or any securities convertible into shares at an effective price per share lower than the exercise price of the Note Warrants, the exercise price of the Note Warrants shall be reduced to such lower price, subject to customary exceptions. The lenders may not convert the Notes or exercise the Note Warrants if such conversion or exercise will result in each of the lenders, together with any affiliates, beneficially owning in excess of 4.9% of the Company’s outstanding shares of common stock immediately after giving effect to such exercise unless such lender notifies the Company at least 61 days prior to such exercise. During the year ended December 31, 2022, three lenders exercised the Note Warrants cashlessly for 14,233 shares of common stock. During the year ended December 31, 2023, two lenders exercised the Note Warrants cashlessly for 22,338 shares of common stock. During the three months ended March 31, 2024, one lender exercised the Note Warrants cashlessly for 2,725 shares of common stock. The fair values of these warrants as of March 31, 2024 were calculated using the Black-Scholes option-pricing model with the following assumptions: March 31, 2024 Volatility Expected Weighted Risk-free interest rate (%) (per annum) Common stock purchase warrants liability as of December 31, 2023 (US$) Changes of fair value of common stock purchase warrants liability Common stock purchase warrants liability as of March 31, 2024 (US$) Convertible Note - Talos Victory (Note 9 (a)) 567.0 % 0.0 % 0.6 5.03 % 43,113 (1,251 ) 41,862 Convertible Note - First Fire (Note 9 (a)) 567.0 % 0.0 % 0.6 5.03 % 98,375 (2,162 ) 96,213 Convertible Note - LGH Note 9 (a)) 567.0 % 0.0 % 0.6 5.03 % 98,517 (1,938 ) 96,579 Convertible Note - Fourth Man (Note 9 (ab)) 567.0 % 0.0 % 0.7 5.03 % 41,639 (765 ) 40,874 Convertible Note - Jeffery Street Note 9 (a)) 567.0 % 0.0 % 0.7 5.03 % 26,264 (463 ) 25,801 Convertible Note - Blue Lake Note 9 (a)) 567.0 % 0.0 % 0.7 5.03 % 70,463 (1,242 ) 69,221 Total Total 378,371 (7,821 ) 370,550 (c) Registration Rights Agreements Pursuant to the terms of the Registration Rights Agreements between the Company and lenders of the Notes, the Company agreed to file a registration statement with the Securities and Exchange Commission to register the shares of common stock underlying the Notes and the shares issuable upon exercise of the Note Warrants within sixty days from the date of each Registration Rights Agreement. The Company also granted the lenders piggyback registration rights on such securities pursuant to the Purchase Agreements.

Stockholders_ Equity

Stockholders’ Equity	3 Months Ended
Stockholders’ Equity	Mar. 31, 2024
Stockholders’ Equity [Abstract]
STOCKHOLDERS’ EQUITY	NOTE 9 — STOCKHOLDERS’ EQUITY 1) Common Stock The Company’s authorized shares of common stock was 15,000,000 shares with par value of $0.001. On December 22, 2020, the Company issued 5,181 shares of common stock to The Crone Law Group, P.C. or its designees for legal services (see Note 11). On January 1, 2021, the Company issued an aggregate of 15,541 shares to a third party service provider for consulting services that had been rendered. On April 14, April 27 and September 1, 2022, the Company issued 5,777, 5,599 and 2,857 shares of common stock upon cashless exercise of the Note Warrants to three lenders, respectively. (see Note 9 (b)). During the year ended December 31, 2022, the Company issued 6,211 shares of common stock to a third party upon exercise of warrants (see Note 11). During the year ended December 31, 2022, the Company issued 69,228 shares of common upon conversion of convertible promissory note payable (see note 9 (a)). On January 19, 2023, the Company sold an aggregate of 8,000,000 shares of common stock to purchasers in a private placement for an aggregate purchase price of $40,000,000, or $5.00 per share. On January 20, 2023, the Company received net proceeds of $40 million accordingly. During the year ended December 31, 2023, the Company issued 25,000 shares of common stock upon conversion of convertible promissory note payable (see note 9 (a)). During the year ended December 31, 2023, the Company issued 22,338 shares of common stock to two third parties upon exercise of warrants (see Note 9(b)). On February 20, 2024, the Company issued 2,160,000 shares of common stock at a public offering price of $5.00 per share. The Company’s common stock began trading on the Nasdaq Capital Market under the ticker symbol “WETH” on February 21, 2024. As of March 31, 2024, there were 11,931,534 shares of common stock issued and outstanding. 2) Reverse Stock Split On February 17, 2023, the Company’s board of directors authorized a reverse stock split of common stock with a ratio of not less than one to five (1:5) and not more than one to eighty (1:80), with the exact amount and the timing of the reverse stock split to be determined by the Chairman of the Board. Upon effectiveness of such reverse stock split, the number of authorized shares of the common stock of the Company will also be decreased in the same ratio. Pursuant to Section 78.209 of the Nevada Revised Statutes, the reverse stock split does not have to be approved by the stockholders of the Company. On July 16, 2023, the Company’s board of directors approved the reverse stock split of the Company’s common stock at a ratio of 1-for-20. On July 16, 2023, the Company filed a certificate of change (with an effective date of July 16, 2023) with the Nevada Secretary of State pursuant to Section 78.209 of the Nevada Revised Statutes to effectuate a 1-for-20 reverse stock split of its common stock. On September 11, 2023, the reverse stock split was approved by the Financial Industry Regulatory Authority and took effect on September 12, 2023. All share information included in this report has been adjusted as if the reverse stock split occurred as of the earliest period presented. 3) Closing of the 2024 Public Offering On February 23, 2024, the Company closed its offering of 2,160,000 shares of common stock at a public offering price of $5.00 per share, for aggregate gross proceeds of $10.8 million before deducting underwriting discounts, and other offering expenses. The Company complies with the requirements of FASB ASC Topic 340-10-S99-1, “Other Assets and Deferred Costs – SEC Materials” (“ASC 340-10-S99”) and SEC Staff Accounting Bulletin Topic 5A, “Expenses of Offering”, and charged issuance costs of $1,810,246 to additional paid-in capital during the three months ended March 31, 2024.

Share Based Compensation

Share Based Compensation	3 Months Ended
Share Based Compensation	Mar. 31, 2024
Share Based Compensation [Abstract]
SHARE BASED COMPENSATION	NOTE 10 — SHARE BASED COMPENSATION The Company applied ASC 718 and related interpretations in accounting for measuring the cost of share-based compensation over the period during which the consultants are required to provide services in exchange for the issued shares. The fair value of above award was estimated at the grant date using the Black-Scholes model for pricing the share compensation expenses. On December 22, 2020, the Board of Directors of the Company authorized the issuance of an aggregate of 5,181 shares and warrants to purchase 10,518 shares of common stock to The Crone Law Group, P.C. or its designees for legal services that had been rendered. The five-year warrants are exercisable at one cent per share. 5,181 shares of common stock underlying such warrants were vested on December 22, 2020 and 6,211 shares were issued upon exercise of these warrants on September 21, 2022 and warrant to purchase 4,307 shares remained outstanding for The Crone law Group, P.C. or its designees for legal services. The fair value of above award was estimated at the grant date using Black-Scholes model for pricing the share compensation expenses. The fair value of the Black-Scholes model includes the following assumptions: expected life of 2.5 years, expected dividend rate of 0%, volatility of 43.5% and an average interest rate of 0.11%. On January 1, 2021, the Board of Directors of the Company authorized the issuance of an aggregate of 15,541 shares and warrants to purchase 31,554 shares of common stock to a third party service provider for consulting services that had been rendered. These warrants have a five-year term and are exercisable at one cent per share. The 15,541 shares of common stock and warrants to purchase 31,554 shares of commons stock vested on January 1, 2021. The fair value of the above warrants was estimated at the grant date using Black-Scholes model for pricing the share compensation expenses. The fair value of the Black-Scholes model includes the following assumptions: expected life of 2.5 years, expected dividend rate of 0%, volatility of 51.3% and an average interest rate of 0.12%. During the three months ended March 31, 2024, warrants for 35,861 shares of common stock related to above mentioned services were exercised. There were no As of March 31, 2024 and 2023, the Company recognized relevant share-based compensation expense of nil nil nil nil

Risks and Uncertainties

Risks and Uncertainties	3 Months Ended
Risks and Uncertainties	Mar. 31, 2024
Risks and Uncertainties [Abstract]
RISKS AND UNCERTAINTIES	NOTE 11 — RISKS AND UNCERTAINTIES Credit Risk The Company has its cash in bank deposits primarily at state owned banks located in the PRC. Historically, deposits in PRC banks have been secured due to the state policy of protecting depositors’ interests. The PRC promulgated a Bankruptcy Law in August 2006, effective June 1, 2007, which contains provisions for the implementation of measures for the bankruptcy of PRC banks. The bank deposits with financial institutions in the PRC are insured by the government authority for up to RMB500,000. Interest Rate Risk Currency Risk - Concentrations - The Company’s top ten customers aggregately accounted for an aggregate of 98.8% and 99.6% of the total revenue for the three-month period ended March 31, 2024 and 2023, respectively. As of March 31, 2024, three customers accounted for 27.7%, 17.4%, and 16.8% of the total accounts receivable balance, respectively. The Company purchases its raw materials through various suppliers. Raw material purchases from these suppliers which individually exceeded 10% of the Company’s total raw material purchases, accounted for an aggregate of approximately 42.4% (three suppliers) and 75.0% (five suppliers) for the three-month period ended March 31, 2024 and 2023, respectively.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
Commitments and Contingencies	Mar. 31, 2024
Commitments and Contingencies [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 12 — COMMITMENTS AND CONTINGENCIES Contingencies The Company’s common stock began trading on the Nasdaq Capital Market under the ticker symbol “WETH” on February 21, 2024. The Company failed to timely complete the filing procedures with China Securities Regulatory Commission (“CSRC”) on overseas offering and transfer of listing pursuant to the regulations below: 1) Pursuant to Article 13 and Article 8 and Article 25 of CSRC Announcement (2023) No. 43 -Trial Measures for the Administration of Overseas Issuance and Listing of Securities for Domestic Enterprises” (the “Trial Measures”), which was effective on March 31, 2023 ( http://www.csrc.gov.cn/csrc/c101954/c7124478/content.shtml), when an issuer conducts an overseas offering or listing, it shall submit overseas issuance and listing application documents to CSRC within three working days of submitting its application documents for transfer and listing overseas; when a domestic enterprise transfers its listing overseas, it shall comply with the requirements of the overseas first public listing requirements for issuance and listing, and shall file with the CSRC within 3 working days, after its submitting application documents for transfer and listing overseas. 2) Article 27 of Trial Measures stipulates that if a domestic enterprise violates the provisions of Article 13 of these Measures and fails to perform the filing procedures, or violates the provisions of Articles 8 and 25 of these Measures for overseas issuance and listing, CSRC shall order it to make corrections and give a warning, and impose a fine of not less than RMB 1 million but not more than RMB 10 million. As of the date of this Quarterly Report, the Company has not received any notice of penalty from the CSRC. Management will closely monitor any notice or action from the CSRC. Legal Proceedings From time to time, the Company and its subsidiaries are parties to various legal actions arising in the ordinary course of business. Although Hong Kong Wetouch, Sichuan Wetouch, the deconsolidated subsidiary of the Company (see Note 2- (a) - Deconsolidation of Sichuan Wetouch) i) An equity dispute case with Yunqing Su with a disputed amount of RMB1,318,604 (equivalent to $185,721) On June 22, 2017, Yunqing Su, a former stockholder, entered an Equity Investment Agreement with Sichuan Wetouch and Guangde Cai, agreed that Yunqing Su would invest RMB1 million (equivalent to $140,847) to purchase 370,370.37 original listed shares of the target company, Sichuan Wetouch, and provided for the exit mechanism in the agreement. However, the target company failed to be listed prior to December 31, 2017 as agreed. On June 22, 2017, Guangde Cai and Yunqing Su entered into a supplementary agreement, pursuant to which Guangde Cai shall repurchase all of Yunqing Su’s equity interest and pay the interest. Sichuan Wetouch repaid Yunqing Su the interest of RMB220,000 (equivalent to $30,986) and the principal of RMB128,000 (equivalent to $18,028) in November 2018. The repayment period set forth in the supplementary agreement expired, but Sichuan Wetouch and Guangde Cai failed to pay the principal and interest owed to Yunqing Su. Yunqing Su sued Sichuan Wetouch and Guangde Cai in the Renshou County People’s Court of Sichuan Province, and the case was filed on February 9, 2022. On May 9, 2022, pursuant to a civil mediation statement issued by the Renshou County People’s Court of Sichuan Province, Sichuan Wetouch and Guangde Cai agreed to repay Yunqing Su the principal and interest in the total amount of RMB 1,318,604 (equivalent to $185,721). Sichuan Wetouch fully paid the aforesaid amount on March 15, 2023. ii) Legal case with Chengdu SME Credit Guarantee Co., Ltd. on a court acceptance fee of RMB338,418 (equivalent to $47,665) On July 5, 2013, Sichuan Wetouch obtained a one-year loan of RMB60.0 million (equivalent to $8.5 million) from Bank of Chengdu, at an annual interest rate of 8.61%. Chengdu SME Credit Guarantee Co., Ltd (“Chengdu SME”), a third party, provided a 70% guarantee and Bank of Chengdu retained 30% of the risk, while Chengdu Wetouch, a related party company, owned by Mr. Guangde Cai and Mr. Guangde Cai provided joint and several liability guarantee for 100% of the loan. On July 31, 2014, Sichuan Wetouch repaid RMB5.0 million (equivalent to $0.7 million). The remaining loan of RMB55.0 million (equivalent to $7.7 million) was twice extended to be due on August 22, 2018. Upon the loan becoming due, but unpaid by the Company, Chengdu SME paid the outstanding balance of RMB55 million (equivalent to $7.7 million) to Bank of Chengdu. The Company subsequently repaid RMB55 million (equivalent to $7.7 million) to Chengdu SME; however, Chengdu SME filed two separate lawsuits against the Company to recover loan default penalties from the Company. The loan default penalties were (a) RMB5.8 million (equivalent to $0.8 million) related to the 30% of the remaining loan balance repaid by Chengdu SME and (b) RMB6.0 million (equivalent to $0.8 million) related to the 70% of the remaining loan balance repaid by Chengdu SME. During the year ended December 31, 2017, the Company recorded loan default penalties, and related liabilities, of $1.7 million. Chengdu SME applied to the Chengdu High-tech Court for enforcement of the above-mentioned loan default penalties of RMB5.8 million (equivalent to $0.8 million) and RMB6.0 million (equivalent to $0.8 million) on December 30, 2018. On March 12, 2020, the Enforcement Settlement Agreement issued by the Chengdu High-tech Court confirmed that Sichuan Wetouch still owed RMB5.8 million (equivalent to $0.8 million) and RMB6.0 million (equivalent to $0.8 million) of loan default penalties. The agreement did not specify which party shall pay the court fee. On September 16, 2020, Sichuan Wetouch made a full repayment of RMB11.8 million (equivalent to $1.7 million) of the above loan default penalties to Chengdu SME. On March 16, 2023, pursuant to an Enforcement Settlement Agreement entered among Chengdu SME, Sichuan Wetouch and Chengdu Wetouch, Chengdu Wetouch agreed to pay the court acceptance fee of RMB338,418 (equivalent to $47,665). On March 17, 2023, Chengdu Wetouch made a full payment of the above court fee to Chengdu SME. iii) Legal case with Lifan Financial Leasing (Shanghai) Co., Ltd. and Sichuan Wetouch, Chengdu Wetouch, Meishan Wetouch and Xinjiang Wetouch Electronic Technology Co., Ltd. on a court acceptance fee of RMB250,470 (equivalent to $35,278) On November 20, 2014, Lifan Financial Lease (Shanghai) Co., Ltd. (“Lifan Financial”) and Chengdu Wetouch entered into a Financial Lease Contract (Sale and Leaseback), which stipulated that Lifan Financial shall lease the equipment to Chengdu Wetouch after the purchase of the production equipment owned by Chengdu Wetouch at a purchase price, the purchase price/lease principal shall be RMB20 million, the rental interest rate of the leased equipment shall be 8% per year, and the lease term shall be 24 months. Upon the expiration of the lease term, Lifan Financial shall transfer the leased property to Chengdu Wetouch or a third party designated by Chengdu Wetouch at the price of RMB0 after Chengdu Wetouch has fully fulfilled its obligations, including, without limitation, the payment of the rent, liquidated damages (if any) and other contractual obligations. Guangde Cai, Sichuan Wetouch, Meishan Wetouch, an affiliated company to Mr. Guangde Cai and Xinjiang Wetouch Electronic Technology Co., Ltd. (“Xinjiang Wetouch”) provided Lifan Financial with joint and several liability guarantee. On August 9, 2021, Lifan Financial filed a lawsuit against Chengdu Wetouch, Guangde Cai, Sichuan Wetouch, Meishan Wetouch and Xinjiang Wetouch in the Chengdu Intermediate People’s Court. The court ruled that: 1) the Financial Lease Contract (Sale and Leaseback) was terminated; 2) the leased property was owned by Lifan Financial; 3) Chengdu Wetouch shall pay Lifan Financial all outstanding rent and interest thereon in the total amount of RMB 22,905,807 (equivalent to $3.2 million) as well as the difference between the liquidated damages and the value of the leased property recovered; etc. The parties executed a settlement agreement on March 7, 2023, in which the parties confirmed that the outstanding payment of RMB 22,905,807 (equivalent to $3.2 million) has been fully paid up on December 23, 2021 and the above cases have been settled. As for the court acceptance fees that were not previously agreed upon by the parties, Chengdu Wetouch agreed to pay the court acceptance fee of RMB 250,470 (equivalent to $ 35,278 iv) Legal case with Sichuan Renshou Shigao Tianfu Investment Co., Ltd and Renshou Tengyi Landscaping Co., Ltd. on a court acceptance fee of RMB103,232 (equivalent to $14,540) On March 19, 2014, Chengdu Wetouch, a related party, obtained a two- and half-year loan of RMB15.0 million (equivalent to $2.1 million) from Chengdu Bank Co., Ltd. Gaoxin Branch (“Chengdu Bank Gaoxin Branch”) , with Chengdu Hi-tech Investment Group Co., Ltd. (“CDHT Investment”) acting as guarantor to pay off the loan principal and related interests, while Sichuan Wetouch and Hong Kong Wetouch as guarantors, were jointly and severally liable for such debts. Upon the loan due in January 2017, Chengdu Wetouch defaulted the loan, thus, CDHT Investment filed a lawsuit against Chengdu Wetouch, Sichuan Wetouch, and Hong Kong Wetouch demanding a full repayment of such debts. To support the local economic development as well as Chengdu Wetouch, two government-backed companies, Sichuan Renshou Shigao Tianfu Investment Co., Ltd. (“Sichuan Renshou”) and Renshou Tengyi Landscaping Co., Ltd. (“Renshou Tengyi”) provided their bank deposits of RMB 12.0 million (equivalent to $1.7 million) as pledge, while Mr. Guangde Cai and Sichuan Wetouch also provided counter-guarantee. Upon the expiration of the guarantee, Chengdu Wetouch still defaulted on repayment of the above pledge. As a result, CDHT Investment levied this collateral of RMB12.0 million. On November 21, 2019. Subsequently, Sichuan Renshou and Renshou Tengyi filed with Chengdu Intermediate People’s Court a lawsuit demanding an asset recovery of RMB12.0 million (equivalent to $1.7 million) pursuant to the counter guarantee agreement. On December 2, 2019, pursuant to the reconciling agreement issued by Chengdu Intermediate People’s Court, the parties agreed to cancel the demand to seize property of Sichuan Wetouch rather than the property of Chengdu Wetouch, and to waive freezing Guangde Cai’s 60% shareholding equity in Xinjiang Wetouch Electronic Technology Co., Ltd. On October 9, 2020, pursuant to a settlement and release agreement, Sichuan Wetouch, Hong Kong Wetouch and Guangde Cai are fully discharged and released from any and all obligations under the outstanding debts, and from all liabilities under guarantee with Chengdu Wetouch being responsible for the outstanding debts by December 31, 2020. On October 27, 2020, Chengdu Wetouch made a full payment of the above debts. The settlement and release agreement did not specify which party shall pay the court acceptance fee. On March 10, 2023, pursuant to an enforcement settlement agreement entered among Sichuan Renshou, Renshou Tengyi, Sichuan Wetouch, Chengdu Wetouch, and other relevant parties, Sichuan Wetouch agreed to pay the court acceptance fee of RMB103,232 (equivalent to $14,540). On March 17, 2023, Chengdu Wetouch made a full payment of the above court fee to Sichuan Renshou. v) Legal case with Chengdu High Investment Financing Guarantee Co. on a court acceptance fee of RMB250,000 (equivalent to $35,211) On March 22, 2019, Chengdu High Investment Financing Guarantee Co., Ltd, (“Chengdu High Investment”) filed a lawsuit against Hong Kong Wetouch in the Chengdu Intermediate People’s Court, claiming that Hong Kong Wetouch should assume the guarantee liability for the debt payable by Chengdu Wetouch. On May 21, 2020, the court rendered a judgment ordering Hong Kong Wetouch to pay compensation of RMB17,467,042 (equivalent to $2,460,181), interest, liquidated damages, liquidated damages for late performance, etc. On March 16, 2023, Chengdu Wetouch, Sichuan Wetouch and Chengdu High Investment entered into a settlement enforcement agreement, confirming that Chengdu High Investment had received RMB17,547,197 (equivalent to $2,471,471) on October 27, 2020 paid by Chengdu Wetouch, and the above case has been settled. As for the court acceptance fees that were not previously agreed upon by the parties, Chengdu Wetouch agreed to pay the court acceptance fee of RMB 250,000 (equivalent to $35,211). Chengdu Wetouch paid the aforesaid fees to Chengdu High Investment on March 20, 2023. vi) Legal case with Hubei Lai’en Optoelectronics Technology Co., Ltd. on a product payment of RMB157,714 (equivalent to $22,213) Sichuan Wetouch purchased products from Hubei Lai’en Optoelectronics Technology Co., Ltd. (“Hubei Lai’en) multiple times from March to June 2019, but failed to pay the corresponding amount of RMB137,142.7 for the purchased products. On April 6, 2022, Hubei Lai’en filed a lawsuit against Sichuan Wetouch in the Renshou County People’s Court of Sichuan Province, requesting payment of overdue payment for the products and liquidated damages. On May 31, 2022, the Renshou County People’s Court rendered a judgment that Sichuan Wetouch shall pay Hubei Lai’en the price of goods of RMB137,143 and liquidated damages of RMB 20,571. Sichuan Wetouch paid the above amount to Hubei Lai’en on March 15, 2023. vi) Legal case with Chengdu Hongxin Shunda Trading Co., Ltd. on settlement of accounts payable and related fund interests totalling RMB3,021,294 ($425,540) In March 2022, Sichuan Vtouch purchase steel products from Chengdu Hongxin Shunda Trading Co., Ltd. (“Chengdu Hongxin”) for facility construction, but failed to settle the accounts payable on time. In July 2023, Chengdu Hongxin filed a lawsuit to a local district court against the Company and its new facility constructors (“the three defendants”) requesting the settlement of the remaining accounts payable and the corresponding fund interests, penalties and legal fees, totalling of RMB3,021,294 ($425,540). The court judged Sichuan Vtouch to pay and ordered the freezing of bank accounts of these three defendants. On September 25, 2023, the Company appealed to Chengdu Municipal Intermediate People’s Court, arguing the calculation of fund interests and penalties ordered by the lower court unfair and not in line with the law regulations. As of the date of this report, the management assessed that possibility and amount of contingency cannot be estimated given the current status. vii) Legal case with Mr. Guangchuang Liu on a refund of equity transfer price and related interests totalling RMB324,501 ($45,705) In July 2022 Mr. Liu entered into an equity transfer agreement with Mr. Guangde Cai and Sichuan Vtouch with the intention to subscribe the Company’s shares of 20,000 for RMB315,245 ($44,104). In April, 2023, Mr. Liu filed a lawsuit to Shenzhen Nanshan District People’s Court against Mr. Guangde Cai and Sichuan Vtouch requesting the refund of this equity transfer price and related fund interests totalling RMB324,501 ($45,705). Per the court decision of December 13, 2023, the defendants were ordered to make the payments by the end of 2023. The Company made the payment in full in January, 2024. viii) Legal case with Sichuan Yali Cement Manufacturing Co., Ltd. and Sichuan Chunqiu Development & Construction Group Co. Ltd. on a debt payable of RMB RMB1,656,480 (equivalent to $233,310) and related interest, legal fees and penalties. On August 10, 2022, Sichuan Yali Cement Manufacturing Co., Ltd. (“Yali Co.”) and Sichuan Chunqiu Development & Construction Group Co. Ltd. (“Chunqiu Co.”) entered into construction materials contract for Sichuan Vtouch’s new facility. Under this contract, Sichuan Vtouch was listed as the joint responsibility party for the payment settlement between Yali Company and Chunqiu Company. On February 15, 2023, Yali Co. filed a lawsuit against Chunqiu Co. to the Chengdu Wenjiang District People’s Court, claiming that Chunqiu Co. should pay the remaining debt of RMB RMB1,656,480 (equivalent to $233,310) and related interest, legal fees and penalties, and that Sichuan Vtouch should assume the guarantee liability for the debt payable by Chunqiu Co. On August 12, 2023, the court rendered a judgment ordering Chunqiu Co. to pay to Yali Co. for above mentioned amount. Sichuan Vtouch was ordered joint liability of such aforesaid repayment. On August 22, 2023, Chunqiu Co. appealed to Chengdu Municipal Intermediate People’s Court against Yali Co. and Sichuan Vtouch requesting Sichuan Vtouch to be responsible for this debt payable. On October 30, 2023, the court ordered Chunqiu Co. to pay pack all the debts, and Sichuan Vtouch to bear the joint and several liability for the above debts of Chunqiu Co. including a court fee of RMB10,627 ($1,497) with Chunqiu liability. As of March 31, 2024, Chunqiu Co made this payment of court fee of RMB10,627 ($1,497) in full. Capital Expenditure Commitment As of March 31, 2024, the Company had construction commitment of RMB5.0 million (equivalent to $0.7 million).

Revenues

Revenues	3 Months Ended
Revenues	Mar. 31, 2024
Revenues [Abstract]
REVENUES	NOTE 13 — REVENUES The Company’s geographical revenue information is set forth below: For the Three Months Ended March 31, 2024 2023 Sales in PRC $ 9,374,473 $ 9,287,566 Sales in Overseas -Republic of China (ROC, or Taiwan) 3,195,161 2,119,140 -South Korea 2,172,475 1,911,297 -Others 135,150 115,458 Sub-total 5,502,786 4,145,895 Total revenues $ 14,877,259 $ 13,433,461

Subsequent Event

Subsequent Event	3 Months Ended
Subsequent Event	Mar. 31, 2024
Subsequent Event [Abstract]
SUBSEQUENT EVENT	NOTE 14 — SUBSEQUENT EVENT The Company’s common stock began trading on the Nasdaq Capital Market under the ticker symbol “WETH” on February 21, 2024. The Company failed to timely complete the filing procedures with China Securities Regulatory Commission (“CSRC”) on overseas offering and transfer of listing. As of the date of this Quarterly Report, the Company has not received any notice of penalty from the CSRC. Management will closely monitor any notice or action from CSRC. For details, please refer to NOTE 12 — COMMITMENTS AND CONTINGENCIES- Contingencies

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($)	3 Months Ended
Pay vs Performance Disclosure - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ 558,870	$ 2,793,249

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Mar. 31, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	3 Months Ended
Accounting Policies, by Policy (Policies)	Mar. 31, 2024
Accounting Policies [Abstract]
Basis of Presentation and Principles of Consolidation	(a) Basis of Presentation and Principles of Consolidation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted as permitted by rules and regulations of the United States Securities and Exchange Commission (the “SEC”). The condensed consolidated balance sheet as of December 31, 2023 was derived from the audited consolidated financial statements of Wetouch. The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the consolidated balance sheet of the Company as of December 31, 2023, and the related consolidated statements of comprehensive income, changes in equity and cash flows for the years then ended. In the opinion of the management, all adjustments (which include normal recurring adjustments) necessary to present a fair statement of the financial position as of March 31, 2024, the results of operations and cash flows for the three-month periods ended March 31, 2024 and 2023 have been made. However, the results of operations included in such financial statements may not necessarily be indicative of annual results. Deconsolidation of Sichuan Wetouch On March 30, 2023, upon transferring Sichuan Wetouch to a third-party individual for a nominal value, the Company was no longer able to operate and exert control over this subsidiary whose operation has been taken over by Sichuan Vtouch since the first quarter of 2021. As a result, Sichuan Wetouch was deconsolidated accordingly since the disposal date. The deconsolidated Sichuan Wetouch had assets, liabilities and the non-controlling interest on disposal date as the following: March 30, Total assets as of deconsolidated date $ - Total liabilities as of deconsolidated date - Total gain or loss from deconsolidation $ - Upon the deconsolidation, the Company was no longer entitled to the assets and also legally released from the liabilities previously held by the deconsolidated Sichuan Wetouch, derived nil gain or loss from the deconsolidation in the condensed consolidated statements of operations and comprehensive income for the three months ended March 31, 2023. The disposal of Sichuan Wetouch did not represent a strategic shift and did not have a major effect on the Company’s operation. There was no cash outflow for the disposal for the three months ended March 31, 2023.
Uses of Estimates	(b) Uses of Estimates In preparing the consolidated financial statements in conformity with US GAAP, management makes estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates are based on information as of the date of the consolidated financial statements. Significant estimates required to be made by management include, but are not limited to, the allowance for estimated uncollectible receivables, fair values of financial instruments, inventory valuations, useful lives of property, plant and equipment, the recoverability of long-lived assets, provision necessary for contingent liabilities, revenue recognition and realization of deferred tax assets. Actual results could differ from those estimates.
Significant Accounting Policies	(c) Significant Accounting Policies For a detailed discussion about Wetouch’s significant accounting policies, refer to Note 2 — “Summary of Significant Accounting Policies,” in Wetouch’s consolidated financial statements included in Company’s 2023 audited consolidated financial statements. Other than the revised accounting policy on property, plant and equipment, net, as below, during the three-month periods ended March 31, 2024, there were no significant changes made to Wetouch significant accounting policies. Property, plant and equipment, net Property, plant and equipment are stated at cost less accumulated depreciation. Depreciation is calculated on a straight-line basis over the following estimated useful lives: Useful life Buildings 20 years Machinery and equipment 10 years Office and electric equipment 3 years Vehicles 10 years Expenditures for maintenance and repairs, which do not materially extend the useful lives of the assets, are charged to expense as incurred. Expenditures for major renewals and betterments which substantially extend the useful life of assets are capitalized. The cost and related accumulated depreciation of assets retired or sold are removed from the respective accounts, and any gain or loss is recognized in the consolidated statements of income and other comprehensive income in other income or expenses. Construction in progress, funded by Company’s working capital, represents manufacturing facilities and office building under construction, is stated at cost and transferred to property, plant and equipment when it is substantially ready for its intended use. No depreciation is recorded for construction in progress. The management estimate that construction in progress will be completed by the end of first quarter of 2025 and will transfer construction in progress to property, plant and equipment to start depreciation.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Tables)	3 Months Ended
Summary of Significant Accounting Policies (Tables)	Mar. 31, 2024
Summary of Significant Accounting Policies [Abstract]
Schedule of Assets, Liabilities and the Non-Controlling Interest on Disposal Date	The deconsolidated Sichuan Wetouch had assets, liabilities and the non-controlling interest on disposal date as the following: March 30, Total assets as of deconsolidated date $ - Total liabilities as of deconsolidated date - Total gain or loss from deconsolidation $ -
Schedule of Property, Plant and Equipment	Property, plant and equipment are stated at cost less accumulated depreciation. Depreciation is calculated on a straight-line basis over the following estimated useful lives: Useful life Buildings 20 years Machinery and equipment 10 years Office and electric equipment 3 years Vehicles 10 years

Accounts Receivable (Tables)

Accounts Receivable (Tables)	3 Months Ended
Accounts Receivable (Tables)	Mar. 31, 2024
Accounts Receivable [Abstract]
Schedule of Accounts Receivable	Accounts receivable consists of the following: March 31, December 31, 2023 Accounts receivable $ 10,937,840 $ 7,455,252

Prepaid Expenses and Other Cu_2

Prepaid Expenses and Other Current Assets (Tables)	3 Months Ended
Prepaid Expenses and Other Current Assets (Tables)	Mar. 31, 2024
Prepaid Expenses and Other Current Assets [Abstract]
Schedule of Prepaid Expenses and Other Current Assets	Prepaid expenses and other current assets consist of the following: March 31, December 31, Advance to suppliers $ 329,269 $ 334,852 VAT input 87,493 - Issue cost related to convertible promissory notes - 64,802 Prepayment for land use right (i) 543,638 537,998 Security deposit (ii) 54,430 53,865 Prepaid consulting service fees (iii) 2,138,482 - Prepaid market research fees (iv) 955,000 - Others receivable (v) 5,750 72,110 Prepaid expenses and other current assets $ 4,116,860 $ 1,063,627 (i) On July 23, 2021, Sichuan Vtouch entered into a contract with Chengdu Wenjiang District Planning and Natural Resources Bureau for the purchase of a land use right of a parcel of land of 131,010 square feet for a consideration of RMB3,925,233 (equivalent to $543,638) for the Company’s new facility. The Company paid the consideration in full by November 18, 2021. Upon issuance of a certificate of land use right by the local government, which is estimated to be obtained by the fourth quarter of 2024, the Company will reclassify this prepayment to intangible assets accordingly. (ii) On July 28, 2021, Sichuan Vtouch made a security deposit of RMB393,000 (equivalent to $54,430) to Chengdu Cross-Strait Science and Technology Industry Development Park Management Committee to obtain a construction license for its new facility. This deposit will be refunded upon the issuance of the construction license by the end of 2024. (iii) In May, 2023, the Company entered into two third-party consulting service agreements for a fee of $1.35 million and $3.1 million, respectively, for the three-year of investment consulting services. The total fee would be amortized over the three-year service and reclassified to stock issuance costs accordingly. As of March 31, 2024, $ (iv) On February 29, 2024, the Company advanced market research fees $70,000 and $855,000, respectively, to two unrelated individuals, Mr. Chien Hui Chueh and Mr. Cheung Ming Lin, in relation to the Company’s market research service overseas. The two individuals signed borrowing contracts of $70,000 and $855,000 dated February 29, 2024, respectively, to the Company, with a principal amount of $70,000 and $855,000 to evidence the advance, bearing 3.45% interest per annum, and payable on February 28, 2025. (v) Other receivables are mainly employee advances, and prepaid expenses.

Property, Plant and Equipment_2

Property, Plant and Equipment, Net (Tables)	3 Months Ended
Property, Plant and Equipment, Net (Tables)	Mar. 31, 2024
Property, Plant and Equipment, Net [Abstract]
Schedule of Property, Plant and Equipment, Net	March 31, December 31, 2023 Buildings $ 11,928 $ 12,130 Machinery and equipment 3,878 3,944 Vehicles 40,553 41,241 Construction in progress 12,722,820 12,825,896 Subtotal 12,779,179 12,883,211 Less: accumulated depreciation (25,264 ) (23,348 ) Property, plant and equipment, net $ 12,753,915 $ 12,859,863

Accrued Expenses and Other Cu_2

Accrued Expenses and Other Current Liabilities (Tables)	3 Months Ended
Accrued Expenses and Other Current Liabilities (Tables)	Mar. 31, 2024
Accrued Expenses and Other Current Liabilities [Abstract]
Schedule of Accrued Expenses and Other Current Liabilities	Accrued expenses and other current liabilities consist of the following: March 31, December 31, 2023 Advance from customers (i) $ 191,727 $ 182,277 Accrued payroll and employee benefits 82,874 84,280 Accrued interest expenses - 240,805 Accrued private placement agent fees (ii) - 1,200,000 Accrued consulting fees (iii) - 1,370,972 Accrued litigation charges (iv) - 45,828 Accrued professional fees 134,792 330,180 Accrued director fees 128,517 106,824 Other tax payables (v) - 143,035 Others (vi) 88,701 288,704 Accrued expenses and other current liabilities $ 626,611 $ 3,992,905 (i) RMB2,587,825 (equivalent to $365,465) of the beginning balance of advance from customers was recognized as revenues for the year ended December 31, 2023. (ii) On March 18, 2023, the Company entered into a private placement consent agreement with a third-party investment bank firm on the agent fees of US$1.2 million, payable only on the completion of the private placement. The Company made the full payment in February, 2024. (iii) In May, 2023, the Company entered into two third-party consulting service agreements for a fee of $1.35 million and $3.1 million, respectively. The Company made the full payment in February 2024. Due to the service of three-year term, $316,378 was charged to additional paid-in capital as the closing cost of the 2024 Public Offering (as defined in Note 9), and the remaining was recognized as consulting service fee over the service period. (iv) During the year ended December 31, 2023, the Company accrued litigation compensation of RMB324,501 ($45,705) and court fee of RMB10,627 ($1,497). As of March 31, 2024, the Company made the full payment of RMB324,501 ($45,705) and reversed the court fee of RMB10,627 (1,497). For the details, please see NOTE 12 — COMMITMENTS AND CONTINGENCIES - Legal Proceedings - vii) and viii). (v) Other tax payable mainly represent value added tax payable. (vi) Others mainly represent accrued employee reimbursement payable and other accrued miscellaneous operating expenses.

Convertible Promissory Notes _2

Convertible Promissory Notes Payable (Tables)	3 Months Ended
Convertible Promissory Notes Payable (Tables)	Mar. 31, 2024
Convertible Promissory Notes Payable [Abstract]
Schedule of Fair value of Warrants	The fair values of these warrants as of March 31, 2024 were calculated using the Black-Scholes option-pricing model with the following assumptions: March 31, 2024 Volatility Expected Weighted Risk-free interest rate (%) (per annum) Common stock purchase warrants liability as of December 31, 2023 (US$) Changes of fair value of common stock purchase warrants liability Common stock purchase warrants liability as of March 31, 2024 (US$) Convertible Note - Talos Victory (Note 9 (a)) 567.0 % 0.0 % 0.6 5.03 % 43,113 (1,251 ) 41,862 Convertible Note - First Fire (Note 9 (a)) 567.0 % 0.0 % 0.6 5.03 % 98,375 (2,162 ) 96,213 Convertible Note - LGH Note 9 (a)) 567.0 % 0.0 % 0.6 5.03 % 98,517 (1,938 ) 96,579 Convertible Note - Fourth Man (Note 9 (ab)) 567.0 % 0.0 % 0.7 5.03 % 41,639 (765 ) 40,874 Convertible Note - Jeffery Street Note 9 (a)) 567.0 % 0.0 % 0.7 5.03 % 26,264 (463 ) 25,801 Convertible Note - Blue Lake Note 9 (a)) 567.0 % 0.0 % 0.7 5.03 % 70,463 (1,242 ) 69,221 Total Total 378,371 (7,821 ) 370,550

Revenues (Tables)

Revenues (Tables)	3 Months Ended
Revenues (Tables)	Mar. 31, 2024
Revenues [Abstract]
Schedule of Geographical Revenue	The Company’s geographical revenue information is set forth below: For the Three Months Ended March 31, 2024 2023 Sales in PRC $ 9,374,473 $ 9,287,566 Sales in Overseas -Republic of China (ROC, or Taiwan) 3,195,161 2,119,140 -South Korea 2,172,475 1,911,297 -Others 135,150 115,458 Sub-total 5,502,786 4,145,895 Total revenues $ 14,877,259 $ 13,433,461

Business Description (Details)

Business Description (Details) - shares		Oct. 09, 2020	Mar. 31, 2024	Dec. 31, 2023	Jul. 19, 2016
Business Description (Details) [Line Items]
Total reverse stock split	[1]		11,931,534	9,732,948
Sichuan Wetouch Technology Co. Ltd. [Member]
Business Description (Details) [Line Items]
Percentage of ownership					100%
Share Exchange Agreement [Member]
Business Description (Details) [Line Items]
Reserse stock split		1,569,820
Sichuan Wetouch Technology Co. Ltd. [Member]
Business Description (Details) [Line Items]
Registered capital interest rate			100%
BVI Shareholders [Member] \| Share Exchange Agreement [Member]
Business Description (Details) [Line Items]
Aggregate shares		28,000,000
Reserse stock split		1,400,000
Exchanged shares		2,800
Total reverse stock split		31,396,394
Common Stock [Member] \| BVI Shareholders [Member] \| Share Exchange Agreement [Member]
Business Description (Details) [Line Items]
Reserse stock split		140

[1] Retrospectively restated for effect of reverse stock split (1-for-20), see Note 9 (2)

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details) - Schedule of Assets, Liabilities and the Non-Controlling Interest on Disposal Date	3 Months Ended
	Mar. 31, 2023 USD ($)
Schedule of Assets, Liabilities and the Non-Controlling Interest on Disposal Date [Abstract]
Total assets as of deconsolidated date
Total liabilities as of deconsolidated date
Total gain or loss from deconsolidation

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details) - Schedule of Property, Plant and Equipment	Mar. 31, 2024
Building [Member]
Public Utility, Property, Plant and Equipment [Line Items]
Property, plant and equipment, estimated useful lives	20 years
Machinery and Equipment [Member]
Public Utility, Property, Plant and Equipment [Line Items]
Property, plant and equipment, estimated useful lives	10 years
Office and electric equipment [Member]
Public Utility, Property, Plant and Equipment [Line Items]
Property, plant and equipment, estimated useful lives	3 years
Vehicles [Member]
Public Utility, Property, Plant and Equipment [Line Items]
Property, plant and equipment, estimated useful lives	10 years

Accounts Receivable (Details) -

Accounts Receivable (Details) - Schedule of Accounts Receivable - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Schedule of Accounts Receivable [Abstract]
Accounts receivable	$ 10,937,840	$ 7,455,252

Prepaid Expenses and Other Cu_3

Prepaid Expenses and Other Current Assets (Details)				1 Months Ended	3 Months Ended
Prepaid Expenses and Other Current Assets (Details)	May 31, 2023 USD ($)	Jul. 23, 2021 USD ($) m²	Jul. 23, 2021 CNY (¥) m²	Feb. 29, 2024 USD ($)	Mar. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)	Jul. 28, 2021 USD ($)	Jul. 28, 2021 CNY (¥)
Prepaid Expenses and Other Current Assets (Details) [Line Items]
Purchase of land (in Square Meters) \| m²		131,010	131,010
Consideration costs		$ 543,638	¥ 3,925,233
Security deposit							$ 54,430	¥ 393,000
Prepaid consulting service fees					$ 2,138,482
Prepaid Expense, Noncurrent					$ 357,390
Bearing iinterest payable percentage				3.45%
Third Party One [Member]
Prepaid Expenses and Other Current Assets (Details) [Line Items]
Consulting service agreements fee	$ 1,350,000
Third Party Two [Member]
Prepaid Expenses and Other Current Assets (Details) [Line Items]
Consulting service agreements fee	$ 3,100,000
Mr. Chien Hui Chueh [Member]
Prepaid Expenses and Other Current Assets (Details) [Line Items]
Advanced market research fees				$ 70,000
Borrowing contract				70,000
Principal amount evidence in advance				70,000
Mr. Cheung Ming Lin [Member]
Prepaid Expenses and Other Current Assets (Details) [Line Items]
Advanced market research fees				855,000
Borrowing contract				855,000
Principal amount evidence in advance				$ 855,000

Prepaid Expenses and Other Cu_4

Prepaid Expenses and Other Current Assets (Details) - Schedule of Prepaid Expenses and Other Current Assets - USD ($)		Mar. 31, 2024	Dec. 31, 2023
Schedule of Prepaid Expenses and Other Current Assets [Abstract]
Advance to suppliers		$ 329,269	$ 334,852
VAT input		87,493
Issue cost related to convertible promissory notes			64,802
Prepayment for land use right	[1]	543,638	537,998
Security deposit	[2]	54,430	53,865
Prepaid consulting service fees	[3]	2,138,482
Prepaid market research fees	[4]	955,000
Others receivable	[5]	5,750	72,110
Prepaid expenses and other current assets		$ 4,116,860	$ 1,063,627

[1] On July 23, 2021, Sichuan Vtouch entered into a contract with Chengdu Wenjiang District Planning and Natural Resources Bureau for the purchase of a land use right of a parcel of land of 131,010 square feet for a consideration of RMB3,925,233 (equivalent to $543,638) for the Company’s new facility. The Company paid the consideration in full by November 18, 2021. Upon issuance of a certificate of land use right by the local government, which is estimated to be obtained by the fourth quarter of 2024, the Company will reclassify this prepayment to intangible assets accordingly. On July 28, 2021, Sichuan Vtouch made a security deposit of RMB393,000 (equivalent to $54,430) to Chengdu Cross-Strait Science and Technology Industry Development Park Management Committee to obtain a construction license for its new facility. This deposit will be refunded upon the issuance of the construction license by the end of 2024. In May, 2023, the Company entered into two third-party consulting service agreements for a fee of $1.35 million and $3.1 million, respectively, for the three-year of investment consulting services. The total fee would be amortized over the three-year service and reclassified to stock issuance costs accordingly. As of March 31, 2024, $ Other receivables are mainly employee advances, and prepaid expenses.

Property, Plant and Equipment_3

Property, Plant and Equipment, Net (Details)					3 Months Ended		9 Months Ended
Property, Plant and Equipment, Net (Details)	Dec. 31, 2021 USD ($)	Dec. 31, 2021 CNY (¥)	Mar. 18, 2021 USD ($)	Mar. 18, 2021 CNY (¥)	Mar. 31, 2024 USD ($)	Mar. 31, 2023 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2021 CNY (¥)	Mar. 31, 2024 CNY (¥)
Property, Plant and Equipment, Net [Line Items]
Depreciation expense					$ 2,316	$ 2,433
Received compensation			$ 16,000,000	¥ 115,200,000
Lease amount	$ 55,399	¥ 400,000
Construction commitment					$ 700,000				¥ 5,000,000
Sichuan V touch Technology Co Ltd [Member]
Property, Plant and Equipment, Net [Line Items]
Lease amount							$ 41,549	¥ 300,000

Property, Plant and Equipment_4

Property, Plant and Equipment, Net (Details) - Schedule of Property, Plant and Equipment, Net - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Schedule of Property, Plant and Equipment, Net [Line Items]
Subtotal	$ 12,779,179	$ 12,883,211
Less: accumulated depreciation	(25,264)	(23,348)
Property, plant and equipment, net	12,753,915	12,859,863
Buildings [Member]
Schedule of Property, Plant and Equipment, Net [Line Items]
Subtotal	11,928	12,130
Machinery and Equipment [Member]
Schedule of Property, Plant and Equipment, Net [Line Items]
Subtotal	3,878	3,944
Vehicles [Member]
Schedule of Property, Plant and Equipment, Net [Line Items]
Subtotal	40,553	41,241
Construction in Progress [Member]
Schedule of Property, Plant and Equipment, Net [Line Items]
Subtotal	$ 12,722,820	$ 12,825,896

Income Taxes (Details)

Income Taxes (Details)	3 Months Ended
Income Taxes (Details)	Mar. 31, 2024	Mar. 31, 2023
Income Taxes (Details) [Line Items]
Income tax rate, percentage	21%
Profit taxes, percentage	25.40%	33.50%
PRC [Member]
Income Taxes (Details) [Line Items]
Profit taxes, percentage	25%
Hong Kong [Member]
Income Taxes (Details) [Line Items]
Profit taxes, percentage	16.50%
PRC [Member]
Income Taxes (Details) [Line Items]
Income tax rate, percentage	25%

Accrued Expenses and Other Cu_3

Accrued Expenses and Other Current Liabilities (Details)		3 Months Ended		12 Months Ended
Accrued Expenses and Other Current Liabilities (Details)	Mar. 18, 2023 USD ($)	Mar. 31, 2024 USD ($)	Mar. 31, 2024 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 CNY (¥)	May 31, 2023 USD ($)
Accrued Expenses and Other Current Liabilities (Details) [Line Items]
Advance from customers revenue recognized				$ 365,465	¥ 2,587,825
Agent fees payable	$ 1,200,000
Charged to additional paid-in capital		$ 316,378
Accrued litigation compensation				45,705		¥ 324,501
Court fees		1,497	¥ 10,627	$ 1,497	¥ 10,627
Accrued litigation full payment		$ 45,705	¥ 324,501
Third Party Consulting Agreement One [Member]
Accrued Expenses and Other Current Liabilities (Details) [Line Items]
Accrued consulting fees							$ 1,350,000
Third Party Consulting Agreement Two [Member]
Accrued Expenses and Other Current Liabilities (Details) [Line Items]
Accrued consulting fees							$ 3,100,000

Accrued Expenses and Other Cu_4

Accrued Expenses and Other Current Liabilities (Details) - Schedule of Accrued Expenses and Other Current Liabilities - USD ($)		Mar. 31, 2024	Dec. 31, 2023
Schedule of Accrued Expenses and Other Current Liabilities [Abstract]
Advance from customers	[1]	$ 191,727	$ 182,277
Accrued payroll and employee benefits		82,874	84,280
Accrued interest expenses			240,805
Accrued private placement agent fees	[2]		1,200,000
Accrued consulting fees	[3]		1,370,972
Accrued litigation charges	[4]		45,828
Accrued professional fees	[3]	134,792	330,180
Accrued director fees		128,517	106,824
Other tax payables	[5]		143,035
Others	[6]	88,701	288,704
Accrued expenses and other current liabilities		$ 626,611	$ 3,992,905

[1] RMB2,587,825 (equivalent to $365,465) of the beginning balance of advance from customers was recognized as revenues for the year ended December 31, 2023. On March 18, 2023, the Company entered into a private placement consent agreement with a third-party investment bank firm on the agent fees of US$1.2 million, payable only on the completion of the private placement. The Company made the full payment in February, 2024. In May, 2023, the Company entered into two third-party consulting service agreements for a fee of $1.35 million and $3.1 million, respectively. The Company made the full payment in February 2024. Due to the service of three-year term, $316,378 was charged to additional paid-in capital as the closing cost of the 2024 Public Offering (as defined in Note 9), and the remaining was recognized as consulting service fee over the service period. During the year ended December 31, 2023, the Company accrued litigation compensation of RMB324,501 ($45,705) and court fee of RMB10,627 ($1,497). As of March 31, 2024, the Company made the full payment of RMB324,501 ($45,705) and reversed the court fee of RMB10,627 (1,497). For the details, please see NOTE 12 — COMMITMENTS AND CONTINGENCIES - Legal Proceedings - vii) and viii). Others mainly represent accrued employee reimbursement payable and other accrued miscellaneous operating expenses.

Convertible Promissory Notes _3

Convertible Promissory Notes Payable (Details) - USD ($)				3 Months Ended		12 Months Ended
Convertible Promissory Notes Payable (Details) - USD ($)	Feb. 23, 2024	Sep. 09, 2023	Aug. 29, 2023	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023	Dec. 31, 2022	Sep. 01, 2022	Apr. 27, 2022	Apr. 14, 2022	Dec. 31, 2021	Nov. 30, 2021	Oct. 31, 2021
Convertible Promissory Notes Payable (Details) [Line Items]
Conversion price (in Dollars per share)						$ 25,000
Debt instrument, convertible, associated derivative transactions, description			From August 29 to September 9, 2023, the lenders of the outstanding Notes and the Company entered into an amendment to the Notes (“Amendment to Promissory Note”) that upon the listing of the Company’s common stock on the Nasdaq Capital Market (the “Uplist”), the Company shall within three (3) business days after the Uplist, pay to the Holders amounts equal to 105% of the total outstanding balance of the Convertible Debenture
Total outstanding balance percentage		105%
Principal, accrued and unpaid interest and default charges	$ 1,186,210					$ 1,200,000
Converted shares (in Shares)						25,000
Principal amount	1,400,750					$ 1,239,126
Amortization of discounts and issuance cost				5,715	$ 6,941
Interest expenses				$ 1,169,974	$ 33,399
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in Shares)							6,211	2,857	5,599	5,777
Exercised warrants (in Shares)				2,725		22,338	14,233
Seven Convertible Promissory Note [Member]
Convertible Promissory Notes Payable (Details) [Line Items]
Aggregate principal amount											$ 2,250,000	$ 2,250,000	$ 2,250,000
Issuance price discounted											90%	90%	90%
Annual interest rate				8%							8%	8%	8%
Debt issuance costs				$ 1,793,000
Debt issuance costs				162,000
Gross Proceeds				$ 15,000,000
Convercion price percentage				70%
Conversion price (in Dollars per share)				$ 15
Convertible Notes Payable [Member]
Convertible Promissory Notes Payable (Details) [Line Items]
Annual interest rate				16%
Accounting for Warrants [Member]
Convertible Promissory Notes Payable (Details) [Line Items]
Ownership percentage				4.90%
Lender [Member] \| Promissory Note [Member]
Convertible Promissory Notes Payable (Details) [Line Items]
Percentage of prepayment penalty				10%
Common Stock [Member]
Convertible Promissory Notes Payable (Details) [Line Items]
Principal, accrued and unpaid interest and default charges						$ 1,038,426
Converted shares (in Shares)						69,228
Warrant [Member]
Convertible Promissory Notes Payable (Details) [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in Shares)				90,000
Warrant [Member] \| Lenders [Member]
Convertible Promissory Notes Payable (Details) [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in Shares)				10,000
Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share)				$ 25
Warrants excise price percentage				125%
2024 Public Offering [Member]
Convertible Promissory Notes Payable (Details) [Line Items]
Gross Proceeds	10,800,000
Payment promissory notes	$ 2,586,960

Convertible Promissory Notes _4

Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Common stock purchase warrants liability as of December 31, 2023	$ 370,550	$ 378,371
Changes of fair value of common stock purchase warrants liability (+ (loss)/(- (gain)	(7,821)
Convertible Note - Talos Victory [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Common stock purchase warrants liability as of December 31, 2023	41,862	43,113
Changes of fair value of common stock purchase warrants liability (+ (loss)/(- (gain)	(1,251)
Convertible Note-First Fire [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Common stock purchase warrants liability as of December 31, 2023	96,213	98,375
Changes of fair value of common stock purchase warrants liability (+ (loss)/(- (gain)	(2,162)
Convertible Note-LGH [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Common stock purchase warrants liability as of December 31, 2023	96,579	98,517
Changes of fair value of common stock purchase warrants liability (+ (loss)/(- (gain)	(1,938)
Convertible Note -Fourth Man [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Common stock purchase warrants liability as of December 31, 2023	40,874	41,639
Changes of fair value of common stock purchase warrants liability (+ (loss)/(- (gain)	(765)
Convertible Note Jefferson Street [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Common stock purchase warrants liability as of December 31, 2023	25,801	26,264
Changes of fair value of common stock purchase warrants liability (+ (loss)/(- (gain)	(463)
Convertible Note - Blue Lake Note [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Common stock purchase warrants liability as of December 31, 2023	69,221	$ 70,463
Changes of fair value of common stock purchase warrants liability (+ (loss)/(- (gain)	$ (1,242)
Volatility [Member] \| Convertible Note - Talos Victory [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Volatility (%)	567%
Volatility [Member] \| Convertible Note-First Fire [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Volatility (%)	567%
Volatility [Member] \| Convertible Note-LGH [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Volatility (%)	567%
Volatility [Member] \| Convertible Note -Fourth Man [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Volatility (%)	567%
Volatility [Member] \| Convertible Note Jefferson Street [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Volatility (%)	567%
Volatility [Member] \| Convertible Note - Blue Lake Note [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Volatility (%)	567%
Expected dividends yield [Member] \| Convertible Note - Talos Victory [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Expected dividends yield (%)	0%
Expected dividends yield [Member] \| Convertible Note-First Fire [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Expected dividends yield (%)	0%
Expected dividends yield [Member] \| Convertible Note-LGH [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Expected dividends yield (%)	0%
Expected dividends yield [Member] \| Convertible Note -Fourth Man [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Expected dividends yield (%)	0%
Expected dividends yield [Member] \| Convertible Note Jefferson Street [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Expected dividends yield (%)	0%
Expected dividends yield [Member] \| Convertible Note - Blue Lake Note [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Expected dividends yield (%)	0%
Weighted average expected life [Member] \| Convertible Note - Talos Victory [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Weighted average expected life (year)	7 months 6 days
Weighted average expected life [Member] \| Convertible Note-First Fire [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Weighted average expected life (year)	7 months 6 days
Weighted average expected life [Member] \| Convertible Note-LGH [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Weighted average expected life (year)	7 months 6 days
Weighted average expected life [Member] \| Convertible Note -Fourth Man [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Weighted average expected life (year)	8 months 12 days
Weighted average expected life [Member] \| Convertible Note Jefferson Street [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Weighted average expected life (year)	8 months 12 days
Weighted average expected life [Member] \| Convertible Note - Blue Lake Note [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Weighted average expected life (year)	8 months 12 days
Risk-free interest rate [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Risk-free interest rate (%) (per annum)
Risk-free interest rate [Member] \| Convertible Note - Talos Victory [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Risk-free interest rate (%) (per annum)	5.03%
Risk-free interest rate [Member] \| Convertible Note-First Fire [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Risk-free interest rate (%) (per annum)	5.03%
Risk-free interest rate [Member] \| Convertible Note-LGH [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Risk-free interest rate (%) (per annum)	5.03%
Risk-free interest rate [Member] \| Convertible Note -Fourth Man [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Risk-free interest rate (%) (per annum)	5.03%
Risk-free interest rate [Member] \| Convertible Note Jefferson Street [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Risk-free interest rate (%) (per annum)	5.03%
Risk-free interest rate [Member] \| Convertible Note - Blue Lake Note [Member]
Convertible Promissory Notes Payable (Details) - Schedule of Fair value of Warrants [Line Items]
Risk-free interest rate (%) (per annum)	5.03%

Stockholders_ Equity (Details)

Stockholders’ Equity (Details) - USD ($)

3 Months Ended

12 Months Ended

Feb. 23, 2024

Jan. 20, 2023

Jan. 19, 2023

Jan. 01, 2021

Dec. 22, 2020

Mar. 31, 2024

Mar. 31, 2023

Dec. 31, 2022

Feb. 20, 2024

Dec. 31, 2023

Sep. 01, 2022

Apr. 27, 2022

Apr. 14, 2022

Stockholders’ Equity (Details) [Line Items]

Common stock, shares authorized

[1]

15,000,000

Common stock, par value (in Dollars per share)

[1]

$ 0.001

Cashless warrant shares exercised

6,211

2,857

5,599

5,777

Net proceeds (in Dollars)

$ 40,000,000

Conversion common stock, shares (in Dollars per share)

$ 25,000

Warrants exercise, shares

2,725

14,233

22,338

Common share, price per share (in Dollars per share)

$ 5

Ordinary shares issued

[1]

11,931,534

9,732,948

Ordinary shares outstanding

[1]

11,931,534

9,732,948

Additional paid-in capital (in Dollars)

$ 1,810,246

Crone Law Group, P.C. [Member]

Stockholders’ Equity (Details) [Line Items]

Number of shares issued for services

5,181

Third Party Service Provider [Member]

Stockholders’ Equity (Details) [Line Items]

Number of shares issued for services

15,541

Common Stock [Member]

Stockholders’ Equity (Details) [Line Items]

Number of shares issued for services

35,861

Conversion of convertible debt

69,228

Ordinary shares outstanding

11,931,534

9,680,248

1,680,248

9,732,948

Private Placement [Member]

Stockholders’ Equity (Details) [Line Items]

Number of shares issued in transaction

8,000,000

Aggregate amount (in Dollars)

$ 40,000,000

Aggregate purchase price per share (in Dollars per share)

$ 5

Net proceeds (in Dollars)

$ 40,000,000

2024 Public Offering [Member]

Stockholders’ Equity (Details) [Line Items]

Common shares, issued

2,160,000

Common share, price per share (in Dollars per share)

$ 5

Aggregate gross proceeds (in Dollars)

$ 10,800,000

[1] Retrospectively restated for effect
of reverse stock split (1-for-20), see Note 9 (2)

Share Based Compensation (Detai

Share Based Compensation (Details) - USD ($)				3 Months Ended
Share Based Compensation (Details) - USD ($)	Sep. 21, 2022	Jan. 01, 2021	Dec. 22, 2020	Mar. 31, 2024	Mar. 31, 2023
Share Based Compensation [Line Items]
Share-based compensation expense, vested shares
Share-Based Compensation Expense [Member]
Share Based Compensation [Line Items]
Share-based compensation expense, vested shares
Board of Directors [Member]
Share Based Compensation [Line Items]
Issuance of aggregate shares		15,541
Vested common shares		15,541
Expected life, term				2 years 6 months
Expected dividend rate, percentage				0%
Average interest rate, percentage				0.12%
Volatility, percentage				51.30%
Board of Directors [Member] \| The Crone Law Group, P.C. [Member]
Share Based Compensation [Line Items]
Issuance of aggregate shares			5,181
Vested common shares			5,181
Warrant to purchase shares	4,307		6,211
Expected life, term	2 years 6 months
Expected dividend rate, percentage	0%
Volatility, percentage	43.50%
Average interest rate, percentage	0.11%
Warrant [Member]
Share Based Compensation [Line Items]
Common stock, exercised				35,861
Warrants related to services (in Dollars)
Warrant [Member] \| Board of Directors [Member]
Share Based Compensation [Line Items]
Issuance of aggregate shares		31,554
Vested common shares		31,554
Warrant [Member] \| Board of Directors [Member] \| The Crone Law Group, P.C. [Member]
Share Based Compensation [Line Items]
Issuance of aggregate shares			10,518

Risks and Uncertainties (Detail

Risks and Uncertainties (Details) - CNY (¥)	3 Months Ended
Risks and Uncertainties (Details) - CNY (¥)	Mar. 31, 2024	Mar. 31, 2023
Risks and Uncertainties (Details) [Line Items]
Raw material purchases, percentage	10%
PRC [Member]
Risks and Uncertainties (Details) [Line Items]
Bank deposits (in Yuan Renminbi)	¥ 500,000
Customer Concentration Risk [Member] \| Customer One [Member] \| Revenue Benchmark [Member]
Risks and Uncertainties (Details) [Line Items]
Concentration risk, percentage	22.40%	22.30%
Customer Concentration Risk [Member] \| Customer One [Member] \| Accounts Receivable [Member]
Risks and Uncertainties (Details) [Line Items]
Concentration risk, percentage	27.70%
Customer Concentration Risk [Member] \| Customer Two [Member] \| Revenue Benchmark [Member]
Risks and Uncertainties (Details) [Line Items]
Concentration risk, percentage	20.40%	15.70%
Customer Concentration Risk [Member] \| Customer Two [Member] \| Accounts Receivable [Member]
Risks and Uncertainties (Details) [Line Items]
Concentration risk, percentage	17.40%
Customer Concentration Risk [Member] \| Customer Three [Member] \| Revenue Benchmark [Member]
Risks and Uncertainties (Details) [Line Items]
Concentration risk, percentage	14.60%	15%
Customer Concentration Risk [Member] \| Customer Three [Member] \| Accounts Receivable [Member]
Risks and Uncertainties (Details) [Line Items]
Concentration risk, percentage	16.8%
Customer Concentration Risk [Member] \| Customer Four [Member] \| Revenue Benchmark [Member]
Risks and Uncertainties (Details) [Line Items]
Concentration risk, percentage	13.40%	14.20%
Customer Concentration Risk [Member] \| Customer Five [Member] \| Revenue Benchmark [Member]
Risks and Uncertainties (Details) [Line Items]
Concentration risk, percentage	11.10%	12.20%
Customer Concentration Risk [Member] \| Customer Six [Member] \| Revenue Benchmark [Member]
Risks and Uncertainties (Details) [Line Items]
Concentration risk, percentage		10.8%
Customer Concentration Risk [Member] \| Top 10 Customers [Member] \| Revenue Benchmark [Member]
Risks and Uncertainties (Details) [Line Items]
Concentration risk, percentage	98.80%	99.60%
Customer Concentration Risk [Member] \| Three suppliers [Member] \| Revenue Benchmark [Member]
Risks and Uncertainties (Details) [Line Items]
Concentration risk, percentage	42.40%
Customer Concentration Risk [Member] \| Five suppliers [Member] \| Revenue Benchmark [Member]
Risks and Uncertainties (Details) [Line Items]
Concentration risk, percentage		75%

Commitments and Contingencies (

Commitments and Contingencies (Details)

1 Months Ended

3 Months Ended

12 Months Ended

Mar. 22, 2023 USD ($)

Mar. 22, 2023 CNY (¥)

Mar. 16, 2023 USD ($)

Mar. 16, 2023 CNY (¥)

Mar. 07, 2023 USD ($)

Mar. 07, 2023 CNY (¥)

Feb. 15, 2023 USD ($)

Feb. 15, 2023 CNY (¥)

Jul. 31, 2022 USD ($) shares

Jul. 31, 2022 CNY (¥) shares

May 09, 2022 USD ($)

May 09, 2022 CNY (¥)

Mar. 31, 2022 USD ($)

Mar. 31, 2022 CNY (¥)

Aug. 09, 2021 USD ($)

Aug. 09, 2021 CNY (¥)

Sep. 16, 2020 USD ($)

Sep. 16, 2020 CNY (¥)

Nov. 21, 2019 USD ($)

Nov. 21, 2019 CNY (¥)

Jul. 31, 2019 CNY (¥)

Jun. 22, 2017 USD ($) shares

Jun. 22, 2017 CNY (¥) shares

Nov. 20, 2014 CNY (¥)

Jul. 31, 2014 USD ($)

Jul. 31, 2014 CNY (¥)

Jun. 05, 2013 USD ($)

Apr. 30, 2023 USD ($)

Apr. 30, 2023 CNY (¥)

Mar. 31, 2024 USD ($)

Mar. 31, 2024 CNY (¥)

Dec. 31, 2023 USD ($)

Dec. 31, 2023 CNY (¥)

Mar. 31, 2024 CNY (¥)

Mar. 16, 2024 USD ($)

Mar. 16, 2024 CNY (¥)

Mar. 16, 2023 CNY (¥)

Mar. 10, 2023 USD ($)

Mar. 10, 2023 CNY (¥)

Mar. 07, 2023 CNY (¥)

May 09, 2022 CNY (¥)

Mar. 12, 2020 USD ($)

Mar. 12, 2020 CNY (¥)

Dec. 30, 2018 USD ($)

Dec. 30, 2018 CNY (¥)

Dec. 31, 2017 USD ($)

Jun. 22, 2017 CNY (¥)

Jul. 31, 2014 CNY (¥)

Mar. 19, 2014 USD ($)

Mar. 19, 2014 CNY (¥)

Jun. 05, 2013 CNY (¥)

Commitments and Contingencies (Details) [Line Items]

Court acceptance fee | $

$ 35,278

Outstanding payment

¥ 17,467,042

Debt payable

$ 1,497

¥ 10,627

$ 1,497

¥ 10,627

Construction commitment

$ 700,000

¥ 5,000,000

Chengdu S M E Credit Guarantee Co Ltd [Member]

Commitments and Contingencies (Details) [Line Items]

Debt payable

$ 7,700,000

¥ 55,000,000

Related To Thirty Percentage Loan Repaid By Chengdu S M E [Member]

Commitments and Contingencies (Details) [Line Items]

Loan, default penalty

800,000

$ 800,000

¥ 6,000,000

Minimum [Member]

Commitments and Contingencies (Details) [Line Items]

Issuance of provisions

Maximum [Member]

Commitments and Contingencies (Details) [Line Items]

Issuance of provisions

Legal case with Chengdu SME Credit Guarantee Co., Ltd [Member]

Commitments and Contingencies (Details) [Line Items]

Debt payable

700,000

5,000,000

Loan, default penalty

¥ 6,000,000

Court acceptance fee

$ 47,665

¥ 338,418

Legal case with Chengdu SME Credit Guarantee Co., Ltd [Member] | Chengdu S M E Credit Guarantee Co Ltd [Member]

Commitments and Contingencies (Details) [Line Items]

Debt payable

$ 1,700,000

¥ 11,800,000

7,700,000

¥ 55,000,000

Acceptance fee

¥ 338,418

Legal case with Chengdu SME Credit Guarantee Co., Ltd [Member] | Bank of Chengdu [Member]

Commitments and Contingencies (Details) [Line Items]

Principal amount

$ 8,500,000

¥ 60,000,000

Interest rate

8.61%

Guarantee and bank of chengdu retained, description

Chengdu SME Credit Guarantee
Co., Ltd (“Chengdu SME”), a third party, provided a 70% guarantee and Bank of Chengdu retained 30% of the risk, while Chengdu
Wetouch, a related party company, owned by Mr. Guangde Cai and Mr. Guangde Cai provided joint and several liability guarantee for 100%
of the loan.

Legal case with Chengdu SME Credit Guarantee Co., Ltd [Member] | Sichuan Wetouch Technology Co. Ltd. [Member]

Commitments and Contingencies (Details) [Line Items]

Principal amount

7,700,000

55,000,000

Legal case with Chengdu SME Credit Guarantee Co., Ltd [Member] | Related To Thirty Percentage Loan Repaid By Chengdu S M E [Member]

Commitments and Contingencies (Details) [Line Items]

Loan, default penalty

$ 800,000

¥ 5,800,000

$ 800,000

¥ 5,800,000

$ 1,700,000

¥ 5,800,000

Legal case with Chengdu SME Credit Guarantee Co., Ltd [Member] | Related To Seventy Percentage Loan Repaid By Chengdu S M E [Member]

Commitments and Contingencies (Details) [Line Items]

Loan, default penalty

$ 800,000

¥ 6,000,000

Legal Case With Chengadu S M E Credit Guarantee Co Ltd [Member] | Chengdu S M E Credit Guarantee Co Ltd [Member]

Commitments and Contingencies (Details) [Line Items]

Acceptance fee | $

$ 47,665

Legal case with Lifan Financial Leasing (Shanghai) Co., Ltd [Member]

Commitments and Contingencies (Details) [Line Items]

Court acceptance fee

¥ 250,470

Legal Case With Lifan Financial Leasing Co Ltd [Member]

Commitments and Contingencies (Details) [Line Items]

Court acceptance fee

$ 35,278

¥ 250,470

Lease price

¥ 20,000,000

Lease rate

Outstanding payment

$ 3,200,000

¥ 22,905,807

Legal Case With R Enshou Shigao And Renshou Tengyi [Member] | Chengdu Bank Co Ltd [Member]

Commitments and Contingencies (Details) [Line Items]

Debt payable

¥ 12,000,000

Principal amount

$ 2,100,000

¥ 15,000,000

Guarantee and bank of chengdu retained, description

To support the local economic development as well
as Chengdu Wetouch, two government-backed companies, Sichuan Renshou Shigao Tianfu Investment Co., Ltd. (“Sichuan Renshou”)
and Renshou Tengyi Landscaping Co., Ltd. (“Renshou Tengyi”) provided their bank deposits of RMB 12.0 million (equivalent to
$1.7 million) as pledge, while Mr. Guangde Cai and Sichuan Wetouch also provided counter-guarantee.

Court acceptance fee

$ 14,540

¥ 103,232

Loss contingency damages sought value

$ 1,700,000

¥ 12,000,000

Legal Case With Chengdu High Investment Financing Guarantee Co Ltd [Member]

Commitments and Contingencies (Details) [Line Items]

Court acceptance fee

$ 35,211

¥ 250,000

Outstanding payment | $

$ 2,460,181

Proceeds from Legal Settlements

$ 2,471,471

¥ 17,547,197

Legalcasewith Hubei Laien Optoelectronics Technology Co Ltd [Member]

Commitments and Contingencies (Details) [Line Items]

Amount paid

22,213

¥ 157,714

Outstanding payment

¥ 137,143

Accounts Payable, Trade

137,142.7

Liquidated damages

¥ 20,571

Legal case with Chengdu Hongxin Shunda Trading Co., Ltd. [Member]

Commitments and Contingencies (Details) [Line Items]

Amount paid

$ 425,540

¥ 3,021,294

425,540

3,021,294

Legalcasewith Mr Guangchuang Lin [Member]

Commitments and Contingencies (Details) [Line Items]

Amount paid

$ 44,104

¥ 315,245

$ 45,705

¥ 324,501

45,705

324,501

Purchase of additional shares (in Shares) | shares

20,000

Legal case with Sichuan Yali Cement Manufacturing Co., Ltd. and Sichuan Chunqiu Development & Construction Group Co. Ltd. [Member]

Commitments and Contingencies (Details) [Line Items]

Debt payable

233,310

1,656,480

Legal casewith Chunqiu Co [Member]

Commitments and Contingencies (Details) [Line Items]

Debt payable

$ 233,310

¥ 1,656,480

Debt payable

$ 1,497

¥ 10,627

1,497

10,627

Chengdu Bank Co Ltd [Member] | Legal Case With R Enshou Shigao And Renshou Tengyi [Member]

Commitments and Contingencies (Details) [Line Items]

Court acceptance fee

14,540

¥ 103,232

Equity Dispute Case with Yunqing Su [Member]

Commitments and Contingencies (Details) [Line Items]

Amount paid

$ 185,721

¥ 1,318,604

$ 185,721

¥ 1,318,604

Equity investment agreement | $

$ 140,847

Purchase of additional shares (in Shares) | shares

370,370.37

Interest paid

$ 30,986

¥ 220,000

Debt payable

$ 18,028

¥ 128,000

Equity Dispute Case with Yunqing Su [Member] | Sichuan Wetouch Technology Co. Ltd. [Member]

Commitments and Contingencies (Details) [Line Items]

Equity investment agreement

¥ 1,000,000

Construction in Progress [Member]

Commitments and Contingencies (Details) [Line Items]

Outstanding payment

$ 3,200,000

¥ 22,905,807

Revenues (Details) - Schedule o

Revenues (Details) - Schedule of Geographical Revenue - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Schedule of Geographical Revenue [Line Items]
Sub-total	$ 5,502,786	$ 4,145,895
Total revenues	14,877,259	13,433,461
Sales in PRC [Member]
Schedule of Geographical Revenue [Line Items]
Sub-total	9,374,473	9,287,566
Republic of China (ROC, or Taiwan) [Member]
Schedule of Geographical Revenue [Line Items]
Sub-total	3,195,161	2,119,140
South Korea [Member]
Schedule of Geographical Revenue [Line Items]
Sub-total	2,172,475	1,911,297
Others [Member]
Schedule of Geographical Revenue [Line Items]
Sub-total	$ 135,150	$ 115,458