| Accounting Policies, by Policy (Policies) | 12 Months Ended |
| Sep. 30, 2024 |
| Significant Accounting Policies [Abstract] | |
| Basis of Presentation | a. Basis of Presentation The accompanying consolidated financial statements
and related notes have been prepared in accordance with generally accepted accounting principles in the United Stated of America (“US
GAAP”) and have been consistently applied. Significant accounting policies followed by the Company in the preparation of the accompanying
consolidated financial statements are summarized below. |
| Principles of Consolidation | b. Principles of Consolidation The accompanying consolidated financial statements
include the financial statements of the Company and its majority-owned and controlled subsidiaries. Subsidiaries are those entities in
which the Company, directly or indirectly, controls more than one half of the voting power; or has the power to govern the financial and
operating policies, to appoint or remove the majority of the members of the board of directors, or to cast a majority of votes at the
meeting of directors. All transactions and balances among the Company
and its subsidiaries have been eliminated upon consolidation. |
| Non-controlling interests | c. Non-controlling interests For the Company’s subsidiaries, non-controlling
interests are recognized to reflect the portion of their equity that is not attributable, directly or indirectly, to the Company as the
controlling shareholder. Non-controlling interests are classified as a separate line item in the equity section of the Company’s
consolidated balance sheets and have been separately disclosed in the Company’s consolidated statements of operations and comprehensive
income to distinguish the interests from that of the Company. |
| Use of Estimates | d. Use of Estimates The consolidated financial statements are prepared
in accordance with accounting principles generally accepted in the U.S. (“GAAP”). The preparation of the consolidated financial
statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets
and liabilities, related disclosures of contingent liabilities at the balance sheet date, and the reported revenues and expenses during
the reported period in the consolidated financial statements and accompanying notes. Changes in the accounting estimates are reasonably
likely to occur from period to period. Accordingly, actual results could differ significantly from the estimates made by our management.
We evaluate our estimates and assumptions on an ongoing basis. To the extent that there are material differences between these estimates
and actual results, our future financial statement presentation, financial condition, results of operations and cash flows may be affected. Significant accounting estimates are used for,
but not limited to, allowances for expected credit losses, inventory valuation, useful lives of property, plant and equipment, and land
use rights, impairment in long-term investment, and income taxes related to realization of deferred tax assets and uncertain tax position.
We have assessed the impact and are not aware of any specific events or circumstances that required an update to our estimates and assumptions
or materially affected the carrying value of our assets or liabilities as of the date of issuance of this prospectus. These estimates
may change as new events occur and additional information is obtained. Actual results could differ materially from these estimates under
different assumptions or conditions. |
| Foreign Currency Translation | e. Foreign Currency Translation The reporting currency of the Company is U.S.
dollars (“US$”). The functional currency of the Company’s entities incorporated in Cayman Islands, BVI and Hong Kong
generally is US$. The Company’s PRC subsidiaries generally determined their functional currency to be RMB. The determination of
the respective functional currency is based on the criteria of ASC Topic 830, Foreign Currency Matters. Transactions denominated in currencies other than
functional currency are translated into functional currency at the exchange rates quoted by authoritative banks prevailing at the dates
of the transactions. Exchange gains and losses resulting from those foreign currency transactions denominated in a currency other than
the functional currency are recorded as a component of operating expenses in the consolidated statements of income and comprehensive income
(loss). The consolidated financial statements of the Company
are translated from the functional currency into US$. Assets and liabilities denominated in foreign currencies are translated into US$
using the applicable exchange rates at the balance sheet date. Equity accounts other than earnings generated in current year are translated
into US$ at the appropriate historical rates. Revenues, expenses, gains and losses are translated into US$ using the periodic average
exchange rates. The resulting foreign currency translation adjustments are recorded in accumulated other comprehensive income as a component
of shareholders’ equity. Cash flows are also translated at average translation rates for the periods; therefore, amounts reported
on the statement of cash flows will not necessarily agree with changes in the corresponding balances on the consolidated balance sheets. The relevant exchange rates are listed below:
For the Fiscal Years Ended
2024 2023 2022
Period Ended RMB: USD exchange rate 7.0176 7.2960 7.1135
Period Average RMB: USD exchange rate 7.2043 7.0533 6.5532 |
| Cash and Cash Equivalents | f. Cash and Cash Equivalents Cash and cash equivalents primarily consist of
cash and deposits with financial institutions which are unrestricted as to withdrawal and use. Cash equivalents consist of highly liquid
investments that are readily convertible to cash generally with original maturities of three months or less when purchased. The Company
maintains majority of its bank accounts in the PRC as of September 30, 2024. Cash balances in bank accounts in PRC are protected under
Deposit Protection Scheme in accordance with the Deposit Protection Scheme Ordinance. The maximum protection is up to RMB500,000 per depositor
per Scheme member, including both principal and interest. |
| Restricted Cash | g. Restricted Cash Restricted cash mainly represents deposits held
in designated bank accounts for issuance of bank acceptance notes and letter of guarantee. Those notes are generally short term in nature
due to their short maturity period of three to six months, while letter of guarantee is generally due within one year; thus, restricted
cash is classified as a current asset. Restricted cash is included in the beginning or ending balance of cash and cash equivalents and
restricted cash in the consolidated statements of cash flows. As of September 30, 2024 and 2023, restricted
cash was $4,410,489 and $769,233, respectively. No cash is restricted to assure future credit availability. |
| Accounts Receivable, Net | h. Accounts Receivable, net Accounts receivable, net includes receivables
mainly from customers that represent revenues earned but not yet collected. Accounts receivable, net are initially measured at fair value
and subsequently measured at their amortized cost less allowance for credit losses. Please refer to Note 2 (j) - Allowance for credit
losses for adoption of expected credit losses model. |
| Notes receivable, net | i. Notes receivable, net Notes receivable, net represent bank acceptance
notes and commercial acceptance notes the Company receives from its customers in exchange for goods or services that it has transferred
to customers. The notes generally range from three to six months from the date of issuance. The carrying value of notes receivable is
reduced by an allowance of credit losses. Please refer to Note 2 (j) - Allowance for credit losses for adoption of expected credit losses
model. As part of the regular business and in case of
immediate cash needs, the Company sells its notes receivable at a discount with or without recourse. Notes receivables are considered
sold and derecognized from balance sheet when they are transferred beyond the reach of the Company and its creditors, the purchaser has
the right to pledge or exchange the note receivables, and the Company has surrendered control over the transferred note receivables. If
the Company does not surrender control, typically for those arrangements with recourse, the cash received from the purchaser is accounted
for as a secured borrowing. In the case of arrangements with recourse, notes receivables are not derecognized. |
| Allowance for credit losses | j. Allowance for credit losses In 2016, the FASB issued ASU No. 2016-13, “Financial
Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” (“ASC 326”), which
replaced the “incurred loss” impairment methodology with an approach based on “expected losses” to estimate credit
losses on certain types of financial instruments and requires consideration of a broader range of reasonable and supportable information
to inform credit loss estimates. The Company adopted this guidance on October 1, 2023 using a modified retrospective approach with a cumulative
effect recorded as increase of retained earnings and non-controlling interests with amount of $942,227, net of tax. ASC 326 requires financial assets to be presented
at the net amount expected to be collected. The allowance for credit losses is a valuation account that is deducted from the cost of the
financial asset to present the net carrying value at the amount expected to be collected on the financial asset. Under this guidance,
the Company has exposure to credit losses for financial assets including accounts receivable, notes receivable, other receivable and other
noncurrent assets. The Company considered various factors, including nature, historical collection experience, the age of the above-mentioned
assets’ balance, credit quality and specific risk characteristics of its customers, current economic conditions, forecasts of future
economic conditions, reversion period, and qualitative and quantitative adjustments to develop an estimate of credit losses. The Company
has adopted loss rate method which is a combination of historical rate method and adjustment rate method, to estimate the credit loss. Financial assets are presented net of the allowance
for credit losses in the consolidated balance sheets. The measurement of the allowance for credit losses is recognized through current
expected credit loss expense. Current expected credit loss expense is included as a component of general and administrative expenses in
the consolidated statements of operations and comprehensive income. Write-offs are recorded in the period in which the asset is deemed
to be uncollectible. For the year ended September 30, 2024, the Company recorded $41,720 expected credit loss reversals in selling, general
and administrative expenses. As of September 30, 2024, the allowance for credit losses of accounts receivable, notes receivable, other
receivable and other noncurrent assets was $1,003,514, $220,503, $14,458 and $109,823, respectively. |
| Inventories | k. Inventories Inventories, net primarily consist of i) raw materials
mainly including steel strips; and ii) finished goods including steel piping products, are stated at the lower of cost or net realizable
value. Cost is principally determined using the weighted-average cost method. The Company records write-downs to inventory for excess
quantities, obsolescence or impairment when appropriate to reflect inventory at net realizable value. These write-downs are based upon
a combination of factors including current sales volume, market conditions, lower of cost or market analysis and expected realizable value
of the inventory. Once inventory is written-down, a new, lower cost basis for that inventory is established and subsequent changes in
facts and circumstances do not result in the restoration or increase in that newly established cost basis. There were no |
| Advances to Suppliers | l. Advances to Suppliers Advances to suppliers refer to advances for purchase
of materials or other service agreements. The Company reviews a supplier’s credit
history and background information before advancing a payment. If the financial condition of its suppliers were to deteriorate, resulting
in an impairment of their ability to deliver goods or provide services, the Company would write off such amount in the period when it
is considered as impaired. The allowance for advance to suppliers recognized
as of September 30, 2024 and 2023 was $270,148 and $171,538, respectively. |
| Property and Equipment, net | m. Property and Equipment, net Property, plant, and equipment are recorded at
cost less accumulated depreciation and impairment. Depreciation commences upon placing the asset in usage and is recognized on a straight-line
basis over the estimated useful lives of the assets with 5% of residual value, as follows:
Useful lives
Buildings 10-32 years
Machinery and equipment 5-20 years
Transportation vehicles 3-10 years
Office equipment 3-10 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 other income or expenses in the consolidated statements
of income and other comprehensive income. |
| Land Use Rights, net | n. Land Use Rights, net Under the PRC law, all land in the PRC is owned
by the government and cannot be sold to an individual or company. The government grants individuals and companies the right to use parcels
of land for specified periods of time. These land use rights are sometimes referred to informally as “ownership.” Land use
rights are stated at cost less accumulated amortization. Land use rights are amortized using the straight-line method with the following
estimated useful lives: Useful lives Land use rights 50 years |
| Long-term Investments | o. Long-term Investments Effective October 1, 2020, the Company adopted
Accounting Standards Update (“ASU”) 2016-01 and related ASU 2018-03 concerning recognition and measurement of financial assets
and financial liabilities. In adopting this new guidance, the Company has made an accounting policy election to adopt an adjusted cost
method measurement alternative for investments in equity securities without readily determinable fair values. For equity investments that are accounted for
using the measurement alternative, the Company initially records equity investments at cost but is required to adjust the carrying value
of such equity investments through earnings when there is an observable transaction involving the same or a similar investment with the
same issuer or upon an impairment. |
| Impairment of Long-lived Assets | p. Impairment of Long-lived Assets Long-lived assets are evaluated for impairment
whenever events or changes in circumstances (such as a significant adverse change to market conditions that will impact the future use
of the assets) indicate that the carrying value of an asset or an asset group may not be fully recoverable or that the useful life is
shorter than the Company had originally estimated. When these events occur, the Company evaluates the impairment for the long-lived assets
by comparing the carrying value of the asset or the asset group to an estimate of future undiscounted cash flows expected to be generated
from the use of the asset or the asset group and its eventual disposition. If the sum of the expected future undiscounted cash flows is
less than the carrying value of the asset or the asset group, the Company recognizes an impairment loss based on the excess of the carrying
value of the asset or the asset group over its fair value. There was no |
| Fair Value | q. Fair Value Accounting guidance establishes a fair value hierarchy
that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.
A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant
to the fair value measurement. Accounting guidance establishes three levels of inputs that may be used to measure fair value:
Level 1 - inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets.
Level 2 - inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets in inactive markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.
Level 3 - inputs to the valuation methodology are unobservable and significant to the fair value. Accounting guidance also describes three main
approaches to measuring the fair value of assets and liabilities: (1) market approach; (2) income approach and (3) cost approach. The
market approach uses prices and other relevant information generated from market transactions involving identical or comparable assets
or liabilities. The income approach uses valuation techniques to convert future amounts to a single present value amount. The measurement
is based on the value indicated by current market expectations about those future amounts. The cost approach is based on the amount that
would currently be required to replace an asset. For the Company’s financial instruments,
including cash and cash equivalents, restricted cash, accounts receivable, accounts payable, other receivable, notes receivable, notes
payable, short-term and long-term borrowings, the carrying amounts approximate their fair values due to their short maturities as of September
30, 2024 and 2023. The Company noted no transfers between levels
during any of the periods presented. The Company did not have any instruments that
were measured at fair value on a recurring or non-recurring basis as of September 30, 2024 and 2023. |
| Revenue Recognition | r. Revenue Recognition The Company adopted ASC Topic 606 Revenue from
Contracts with Customers (“ASC 606”) on October 1, 2018 using the modified retrospective approach. There is no adjustment
to the opening balance of retained earnings at October 1, 2018, since there was no change to the timing and pattern of revenue recognition
upon adoption of ASC 606. Under ASC 606, revenue is recognized when control of promised goods or services is transferred to the Company’s
customers in an amount of consideration to which an entity expects to be entitled to in exchange for those goods or services and is recorded
net of value-added tax (“VAT”). To achieve that core principle, the Company applies the following steps: Step 1: Identify the contract
(s) with a customer Step 2: Identify the performance
obligations in the contract Step 3: Determine the transaction
price Step 4: Allocate the transaction
price to the performance obligations in the contract Step 5: Recognize revenue when
(or as) the entity satisfies a performance obligation The Company derives its revenues from two sources:
(1) revenue from sales of steel piping products, (2) revenue from production service.
(1) Revenue from sales of steel piping products The Company considers customer purchase orders,
which in some cases are governed by master sales agreements, to be the contracts with a customer. As part of its consideration of the
contract, the Company evaluates certain factors including the customer’s ability to pay (or credit risk). For each contract, the
Company considers the promise to transfer products, each of which are distinct, to be the identified performance obligations. In the principal
versus agent consideration, since no another party is involved in transactions, the Company is a principal. In determining the transaction price, the Company
evaluates whether the price is subject to refund or adjustment to determine the net consideration to which the Company expects to be entitled.
As the Company’s standard payment terms are less than one year, the Company has elected the practical expedient under ASC 606-10-32-18
to not assess whether a contract has a significant financing component. The Company allocates the transaction price to each distinct product
based on their relative standalone selling price. The Company does not routinely permit customers
to return products, while in certain conditions product changes are allowed. The customer does not have the option to purchase the warranty
separately. Also, the warranty does not provide a service to the customer beyond fixing defects that existed at the time of sale. Thus,
the warranty is assurance-type, and historically customer returns have been immaterial. Sales revenue is recognized when control of the
product is transferred to the customer (i.e., when the Company’s performance obligation is satisfied at a point in time). The Company
sells its products either under free onboard (“FOB”) shipping point term or under FOB destination term. For sales under FOB
shipping point term, the Company recognize revenues when products are loaded on the ships. Product delivery is evidenced by warehouse
shipping logs as well as assigned shipping bills from the shipping companies. For sales under FOB destination term, the Company recognize
revenues when the products are delivered and accepted by customers. Product delivery is evidenced by signed receipt documents and title
transfers upon delivery. Prices are determined based on negotiations with the Company’s customers and are not subject to adjustment.
As a result, the Company expects returns to be minimal.
(2) Revenue from production service The Company identifies the product processing
agreement as contract. For each contract, the Company considers the promise to provide production service, each of which are distinct,
to be the identified performance obligations. In the principal versus agent consideration, since no another party is involved in transactions,
the Company is a principal. The transaction price is clearly stated on the contract and not subject to adjustment. The Company allocates
the transaction price to each distinct service based on their relative standalone selling price. Production service revenue is recognized
when production order is completed and transferred to customer. Contract costs Contract costs include contract acquisition costs
and contract fulfillment costs which are all recorded within prepayments, deposits, and other assets in the consolidated balance sheets. Contract acquisition costs consist of incremental
costs incurred by the Company to originate contracts with customers. Contract acquisition costs, which generally include costs that are
only incurred as a result of obtaining a contract, are capitalized when the incremental costs are expected to be recovered over the contract
period. All other costs incurred regardless of obtaining a contract are expensed as incurred. Contract acquisition costs are amortized
over the period the costs are expected to contribute directly or indirectly to future cash flows, which is generally over the contract
term, on a basis consistent with the transfer of goods or services to the customer to which the costs relate. Contract fulfillments costs
consist of costs incurred by the Company to fulfill a contract with a customer and are capitalized when the costs generate or enhance
resources that will be used in satisfying future performance obligations of the contract and the costs are expected to be recovered. Capitalized
contract fulfillment costs generally include contracted services, direct labor, materials, and allocable overhead directly related to
resources required to fulfill the contract. Contract fulfillment costs are recognized in cost of revenue during the period that the related
costs are expected to contribute directly or indirectly to future cash flows, which is generally over the contract term, on a basis consistent
with the transfer of goods or services to the customer to which the costs are related. There were no contract fulfillment cost and contract
acquisition costs as of September 30, 2024 and 2023. Contract balance The Company does not have amounts of contract
assets since revenue is recognized at a point in time. Contract liabilities are presented as advance from customers on the consolidated
balance sheet. Contract liabilities are recognized when the Company receives prepayment from customers resulting from purchase order or
product processing agreement. Contract liabilities will be recognized as revenue when the products are delivered. As of September 30,
2024 and 2023, the balance of advance from customers amounted to $1,553,801 and $3,408,717, respectively. For the years ended September
30, 2024 and 2023, the beginning balance of advance from customers of $2,393,995 and $3,733,552 were recognized as revenue when the products
are delivered. |
| Value-added Tax (“VAT”) | s. Value-added Tax (“VAT”) The Company is subject to VAT and related surcharges
on revenue generated from products and services. The VAT is based on gross sales price and VAT rates range from 6% to 13% between October
1, 2021 and September 30, 2024 depending on the type of products sold or services provided. Entities that are VAT general taxpayers are
allowed to offset qualified input VAT paid to suppliers against their output VAT liabilities. Net VAT balance between input VAT and output
VAT is recorded in accrued expenses and other current liabilities. All of the VAT returns filed by the Company’s subsidiaries in
China, have been and remain subject to examination by the tax authorities for five years from the date of filing. |
| Cost of sales | t. Cost of sales Cost of sales consists primarily
of direct and indirect materials, labor costs, manufacturing overhead, including depreciation costs of machinery and equipment and allocations
of electricity and infrastructure costs. |
| Selling Expenses | u. Selling Expenses Selling expenses consist primarily of shipping
and handling costs, travel expenses, advertising costs, and payroll and related expenses for employees involved in marketing and business
development activities. Shipping and handling costs are expensed as incurred.
Shipping and handling costs were $1,547,311, $1,749,338 and $1,232,430 for the years ended September 30, 2024, 2023 and 2022,
respectively. Advertising costs are expensed as incurred. Advertising
costs were $216,728, $157,293 and $167,459 for the years ended September 30, 2024, 2023 and 2022, respectively. |
| General and Administrative Expenses | v. General and Administrative Expenses General and administrative expenses consist primarily
of employee related expenses for general corporate functions, including accounting, finance, tax, legal and human relations; costs associated
with these functions including facilities and equipment depreciation expenses, repair and maintenance expenses and other general corporate
related expenses. |
| Research and Development Costs | w. Research and Development Costs Research and development activities are directed
toward the development of new products as well as improvements in existing processes. These costs, which primarily include salaries, contract
services and supplies, are expensed as incurred. |
| Government Grants | x. Government Grants Government grants consist of specific subsidies
and other subsidies. Specific subsidies are subsidies that the local government has provided for a specific purpose, such as research
and development purpose, construction of production plants and facilities related to manufacturing base. Other subsidies are the subsidies
that the local government has not specified its purpose for and are not tied to future trends or performance of the Company, receipt of
such subsidy income is not contingent upon any further actions or performance of the Company and the amounts do not have to be refunded
under any circumstances. The government grants are recorded when received
with no further conditions to be met or certain operating conditions are met for which the grants are intended to compensate. Government
grants compensate for asset are recognized as a deduction of the carrying amount of the asset when conditions are met. As of September 30, 2024 and 2023, liabilities
included $1,139,991 and $ nil |
| Income Taxes | y. Income Taxes The Company accounts for income taxes using the
asset and liability method whereby it calculates deferred tax assets or liabilities for temporary differences between the tax basis of
assets and liabilities and their reported amounts in the consolidated financial statements, net operating loss carry forwards and credits
by applying enacted tax rates applicable to the years in which those temporary differences are expected to be reversed or settled. Deferred
tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all
of the deferred tax assets will not be realized. Current income taxes are provided for in accordance with the laws of the relevant taxing
authorities. The components of the deferred tax assets and liabilities are individually classified as non-current amounts. The Company records uncertain tax positions in
accordance with ASC 740 on the basis of a two-step process whereby (1) the Company determines whether it is more likely than not that
the tax positions will be sustained on the basis of the technical merits of the position and (2) for those tax positions that meet the
more-likely-than-not recognition threshold, the Company recognizes the largest amount of tax benefit that is more than 50 percent likely
to be realized upon ultimate settlement with the related tax authority. To the extent applicable, the Company records
interest and penalties as other expense. All of the tax returns of the Company’s PRC subsidiaries remain subject to examination
by PRC tax authorities for five years from the date of filing. The fiscal years for tax purpose in PRC is December 31. The Company and its subsidiaries are not subject
to U.S. tax laws and local state tax laws. The Company’s income and that of its related entities must be computed in accordance
with Chinese and foreign tax laws, as applicable, and all of which may be changed in a manner that could adversely affect the amount of
distributions to shareholders. There can be no assurance that Income Tax Laws of PRC will not be changed in a manner that adversely affects
shareholders. In particular, any such change could increase the amount of tax payable by the Company, reducing the amount available to
pay dividends to the holders of the Company’s ordinary shares. |
| Comprehensive Income/(Loss) | z. Comprehensive Income/(Loss) Comprehensive income/(loss) is defined as the
changes in equity of the Company during a period from transactions and other events and circumstances excluding transactions resulting
from investments from shareholders and distributions to shareholders. Comprehensive income/(loss) for the periods presented primarily
includes net income/(loss) and foreign currency translation adjustments. |
| Earnings Per Share | aa. Earnings Per Share Earnings (loss) per share is calculated in accordance
with ASC 260 Earnings per Share. Basic earnings (loss) per share is computed by dividing the net income (loss) attributable to shareholders
of the Company by the weighted average number of ordinary shares outstanding during the year. Diluted earnings per share is computed in
accordance with the treasury stock method and based on the weighted average number of ordinary shares and dilutive common share equivalents.
Dilutive common share equivalents are excluded from the computation of diluted earnings per share if their effects would be anti-dilutive.
There were no dilutive common share equivalents outstanding during the years ended September 30, 2024, 2023 and 2022. |
| Employee benefit | bb. Employee benefit The full-time employees of the Company are entitled
to staff welfare benefits including medical care, housing fund, pension benefits, unemployment insurance and other welfare, which are
government mandated defined contribution plans. The Company is required to accrue for these benefits based on certain percentages of the
employees’ respective salaries, subject to certain ceilings, in accordance with the relevant PRC regulations, and make cash contributions
to the state-sponsored plans out of the amounts accrued. Total expenses for the plans were $856,887, $707,355 and $828,068 for the years
ended September 30, 2024, 2023 and 2022, respectively. |
| Statutory reserves | cc. Statutory reserves Pursuant to the laws applicable to the PRC, PRC
entities must make appropriations from after-tax profit to the non-distributable “statutory surplus reserve fund”. Subject
to certain cumulative limits, the “statutory surplus reserve fund” requires annual appropriations of 10% of after-tax profit
until the aggregated appropriations reach 50% of the registered capital (as determined under accounting principles generally accepted
in the PRC (“PRC GAAP”) at each year-end). For foreign invested enterprises and joint ventures in the PRC, annual appropriations
should be made to the “reserve fund”. For foreign invested enterprises, the annual appropriation for the “reserve fund”
cannot be less than 10% of after-tax profits until the aggregated appropriations reach 50% of the registered capital (as determined under
PRC GAAP at each year-end). If the Company has accumulated loss from prior periods, the Company is able to use the current period net
income after tax to offset against the accumulated loss. |
| Contingencies | dd. Contingencies From time to time, the Company is a party to various
legal actions arising in the ordinary course of business. The Company accrues costs associated with these matters when they become probable,
and the amount can be reasonably estimated. Legal costs incurred in connection with loss contingencies are expensed as incurred. The Company’s
management does not expect any liability from the disposition of such claims and litigation individually or in the aggregate would have
a material adverse impact on the Company’s consolidated financial position, results of operations and cash flows. |
| Related Party Transactions | ee. Related Party Transactions A related party is generally defined as (i) any
person and or their immediate family hold 10% or more of the Company’s securities (ii) the Company’s management and or their
immediate family, (iii) someone that directly or indirectly controls, is controlled by or is under common control with the Company, or
(iv) anyone who can significantly influence the financial and operating decisions of the Company. A transaction is considered to be a
related party transaction when there is a transfer of resources or obligations between related parties. Related parties may be individuals
or corporate entities. Transactions involving related parties cannot be presumed to be carried out on an arm’s length basis, as
the requisite conditions of competitive, free market dealings may not exist. Representations about transactions with related parties,
if made, shall not imply that the related party transactions were consummated on terms equivalent to those that prevail in arm’s-length
transactions unless such representations can be substantiated. |
| Certain Risks and Concentration | ff. Certain Risks and Concentration Exchange Rate Risks The Company operates in PRC, which may give rise
to significant foreign currency risks mainly from fluctuations and the degree of volatility of foreign exchange rates between the USD
and the RMB. Currency Convertibility Risks Substantially all of the Company’s operating
activities are transacted in RMB, which is not freely convertible into foreign currencies. All foreign exchange transactions take place
either through the People’s Bank of China or other banks authorized to buy and sell foreign currencies at the exchange rates quoted
by the People’s Bank of China. Approval of foreign currency payments by the People’s Bank of China or other regulatory institutions
requires submitting a payment application form together with other information such as suppliers’ invoices, shipping documents and
signed contracts. Concentration of Credit Risks Assets that potentially subject the Company to
significant concentrations of credit risk primarily consist of cash and cash equivalents, restricted cash, accounts receivable, notes
receivable and contract assets. The maximum exposure of such assets to credit risk is their carrying amounts as of the balance sheet dates.
As of September 30, 2024 and 2023, all of the Company’s cash and cash equivalents, restricted cash and notes receivable were held
at major financial institutions located in the PRC which the management believes are of high credit quality. Cash balances in bank accounts
in PRC are protected under Deposit Protection Scheme in accordance with the Deposit Protection Scheme Ordinance. The maximum protection
is up to RMB500,000 per depositor per Scheme member, including both principal and interest. Bank failure is uncommon in PRC and the Company
believes that those Chinese banks that hold the Company’s cash and cash equivalents, restricted cash and notes receivable are financially
sound based on publicly available information. Accounts receivable and contract assets are typically unsecured and are mainly derived
from revenues earned from customers in the PRC. The risk with respect to accounts receivable and contract assets is mitigated by credit
evaluations the Company performs on its customers and its ongoing monitoring processes of outstanding balances. Interest Rate Risks The Company is subject to interest rate risk.
Although bank interest bearing loans are charged at fixed interest rates within the reporting period, the Company is still subject to
the risk of adverse changes in the interest rates charged by the banks when these loans are refinanced. Risks and Uncertainties The operations of the Company are located in the
PRC. Accordingly, the Company’s business, financial condition, and results of operations may be influenced by political, economic,
and legal environments in the PRC, as well as by the general state of the PRC economy. The Company’s results may be adversely affected
by changes in the political, regulatory and social conditions in the PRC. Although the Company has not experienced losses from these situations
and believes that it is in compliance with existing laws and regulations including its organization and structure disclosed in Note 1,
this may not be indicative of future results. Liquidity Risks Our primary sources of liquidity consist of existing
cash balances, cash flows from our operating activities and availability under our revolving credit facility. Our ability to generate
sufficient cash flows from our operating activities is primarily dependent on our sales of steel pipe, tube and ancillary products to
our customers at margins sufficient to cover fixed and variable expenses. As of September 30, 2024 and 2023, we had cash
and cash equivalents of $18,118,456 and $20,192,460, respectively. We believe that our current cash, cash to be generated from our
operations and access to loans from our related parties will be sufficient to meet our working capital needs for at least the next
twelve months. However, we do not have any amounts committed to be provided by our related party. We are also not dependent upon this
offering to meet our liquidity needs for the next twelve months. However, we plan to expand our business to implement our growth strategies
in our existing market and strengthen our position in the marketplace. To do so, we will need more capital through equity financing to
increase our production and meet market demands. |
| Recent Accounting Pronouncements | gg. Recent Accounting Pronouncements The Company considers the applicability and impact
of all accounting standards updates (“ASUs”). Management periodically reviews new accounting standards that are issued. Under
the Jumpstart Our Business Startups Act of 2012, as amended (the “JOBS Act”), the Company meets the definition of an emerging
growth company and has elected the extended transition period for complying with new or revised accounting standards, which delays the
adoption of accounting standards until they would apply to private companies. Therefore, the Company’s financial statements may
not be comparable to financial statements of companies that comply with public company effective dates. New Accounting Pronouncements Recently Adopted In June 2016, the Financial Accounting Standards Board (“FASB”)
issued Accounting Standards Updates (“ASU”) 2016-13, “Financial Instruments-Credit Losses (Topic 326): Measurement of
Credit Losses on Financial Instruments”, which requires entities to measure all expected credit losses for financial assets held
at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. This replaces the
existing incurred loss model and is applicable to the measurement of credit losses on financial assets measured at amortized cost. This
ASU is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Early application
is permitted for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. As an
emerging growth company, the provisions of ASC 326 shall be effective for fiscal years beginning after December 15, 2022, including interim
periods within those fiscal years. The Company adopted the new standard beginning October 1, 2023 using the modified retrospective transaction
method with a cumulative effect recorded as increase of retained earnings and non-controlling interests with amount of $942,227, net of
tax. New Accounting Pronouncements Not Yet Adopted In November 2023, the FASB issued ASU 2023-07,
“Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures”, that would enhance disclosures for significant
segment expenses for all public entities required to report segment information in accordance with ASC 280. ASC 280 requires a public
entity to report for each reportable segment a measure of segment profit or loss that its CODM uses to assess segment performance and
to make decisions about resource allocations. The amendments in ASU 2023-07 improve financial reporting by requiring disclosure of incremental
segment information on an annual and interim basis for all public entities to enable investors to develop more useful financial analyses.
Currently, Topic 280 requires that a public entity disclose certain information about its reportable segments. For example, a public entity
is required to report a measure of segment profit or loss that the CODM uses to assess segment performance and make decisions about allocating
resources. ASC 280 also requires other specified segment items and amounts such as depreciation, amortization and depletion expense to
be disclosed under certain circumstances. The amendments in ASU 2023-07 do not change or remove those disclosure requirements. The amendments
in ASU 2023-07 also do not change how a public entity identifies its operating segments, aggregates those operating segments, or applies
the quantitative thresholds to determine its reportable segments. The amendments in ASU 2023-07 are effective for fiscal years beginning
after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. A public
entity should apply the amendments in ASU 2023-07 retrospectively to all prior periods presented in the financial statements. The Company
does not expect to early adopt this guidance and is in the process of evaluating the impact of adoption of this guidance on the Company’s
consolidated financial statements. In December 2023, the FASB issued ASU 2023-09,
“Income Taxes (Topic 740): Improvements to Income Tax Disclosures”. ASU 2023-09 is intended to enhance the transparency and
decision usefulness of income tax disclosures. The amendments in ASU 2023-09 address investor requests for enhanced income tax information
primarily through changes to the rate reconciliation and income taxes paid information. Early adoption is permitted. A public entity should
apply the amendments in ASU 2023-09 prospectively to all annual periods beginning after December 15, 2024. The Company is currently evaluating
the impact of this standard on the consolidated financial statements and related disclosures. The Company does not expect to early adopt
this guidance and is in the process of evaluating the impact of adoption of this guidance on the Company’s consolidated financial
statements. Except as mentioned above, the Company does not
believe other recently issued but not yet effective accounting standards, if currently adopted, would have a material effect on the Company’s
consolidated balance sheets, statements of income and comprehensive income and statements of cash flows. |
