ESG (ESGH) 10-Q 14 May 24 2024 Q1 Quarterly report Financial data

Cover

Cover	3 Months Ended
	Mar. 31, 2024 shares
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Mar. 31, 2024
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--12-31
Entity File Number	000-56532
Entity Registrant Name	ESG INC.
Entity Central Index Key	0001883835
Entity Tax Identification Number	87-1918342
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	523 School House Rd.
Entity Address, City or Town	Kennett Square
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	19348
City Area Code	267
Local Phone Number	467-5871
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	25,899,468

CONSOLIDATED BALANCE SHEET (Una

CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Current Assets
Cash	$ 833,089	$ 342,342
Accounts receivable and other receivables	202,665	79,221
Advance to suppliers	394,723	166,010
Inventories	718,213	1,651,376
Total Current Assets	2,148,690	2,238,949
Property, plant and equipment, net	17,941,182	18,694,969
Intangible assets, net	3,016,003	3,085,906
Value added tax receivable	2,190,735	2,211,980
Note receivable	41,142	41,848
Total Non-current Assets	23,189,062	24,034,703
Total Assets	25,337,752	26,273,652
Current Liabilities
Short-term bank loans	7,201,019	6,904,228
Accounts payable	1,302,601	1,450,405
Payable to related party		30,000
Accrued expenses and other current liabilities	2,377,303	2,312,772
Deferred income	1,293,031	1,355,552
Total Current  liabilities	12,173,954	12,052,957
Long-term payable	1,365,851	1,423,116
Total Non-current liabilities	1,365,851	1,423,116
Total Liabilities	13,539,805	13,476,073
Shareholders’ Equity (Deficit)
Common stock, $0.001 par value, 65,000,000 authorized, 25,899,468 issued and outstanding as of  March 31,2024 and December 31, 2023.	25,900	25,900
Additional paid in capital	11,152,388	11,152,388
Accumulated comprehensive income (loss)	(589,786)	(430,206)
Accumulated deficit	(1,812,478)	(1,224,811)
Total Company stockholders’ Equity	8,776,024	9,523,271
Noncontrolling interest	3,021,923	3,274,308
Total Equity	11,797,947	12,797,579
Total Liabilities and Stockholders’ Equity	$ 25,337,752	$ 26,273,652

CONSOLIDATED BALANCE SHEET (U_2

CONSOLIDATED BALANCE SHEET (Unaudited) (Parenthetical) - $ / shares	Mar. 31, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Common stock, par value per share	$ 0.001	$ 0.001
Common stock, shares authorized	65,000,000	65,000,000
Common stock, shares issued	25,899,468	25,899,468
Common stock, shares outstanding	25,899,468	25,899,468

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenues	$ 2,378,281	$ 1,808,319
Cost of goods sold	2,468,914	1,465,329
Gross profit	(90,633)	342,990
Operating expenses
Research and development cost	131,088	130,204
Selling expense	199	223
General and administrative expense	318,177	273,141
Total operating expenses	449,404	403,568
Loss from operations	(540,037)	(60,578)
Non-operating income (expense)
Interest income (expense)	(149,487)	(149,714)
Other Income (expense)	(95,964)	27,844
Total non-operating income (expenses), net	(245,451)	(121,870)
Loss before income taxes	(785,488)	(182,448)
Income taxes
Net loss	(785,488)	(182,448)
Less: loss attributable to noncontrolling interest	(197,821)	(40,100)
Net loss to ESG Inc.	(587,667)	(142,348)
Other comprehensive item
Foreign currency translation gain (loss) attributable to the Company	(159,580)	43,059
Foreign currency translation gain (loss) attributable to noncontrolling interest	(54,564)	14,723
Comprehensive loss attributable to the Company	(747,247)	(99,289)
Comprehensive loss attributable to noncontrolling interest	$ (252,385)	$ (25,377)
Net Loss Per Share: Basic	$ (0.03)	$ 0
Net Loss Per Share: Diluted	$ (0.03)	$ 0
Weighted Average Number of Shares Outstanding: Basic	25,899,468	25,899,468
Weighted Average Number of Shares Outstanding: Diluted	25,899,468	25,899,468

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total Companys Equity [Member]	Noncontrolling Interest [Member]	Total
Beginning balance, value at Dec. 31, 2022	$ 25,900	$ 11,152,388	$ (900,098)	$ (148,590)	$ 10,129,600	$ 3,438,129	$ 13,567,729
Beginning balance, shares at Dec. 31, 2022	25,899,648
Net loss			(142,348)		(142,348)	(40,100)	(182,448)
Foreign currency translation adjustment				43,059	43,059	14,723	57,782
Ending balance, value at Mar. 31, 2023	$ 25,900	11,152,388	(1,042,446)	(105,531)	10,030,311	3,412,752	13,443,063
Ending balance, shares at Mar. 31, 2023	25,899,648
Beginning balance, value at Dec. 31, 2023	$ 25,900	11,152,388	(1,224,811)	(430,206)	9,523,271	3,274,308	12,797,579
Beginning balance, shares at Dec. 31, 2023	25,899,648
Net loss			(587,667)		(587,667)	(197,821)	(785,488)
Foreign currency translation gain				(159,580)	(159,580)	(54,564)	(214,144)
Ending balance, value at Mar. 31, 2024	$ 25,900	$ 11,152,388	$ (1,812,478)	$ (589,786)	$ 8,776,024	$ 3,021,923	$ 11,797,947
Ending balance, shares at Mar. 31, 2024	25,899,648

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Cash flows from operating activities:
Net loss	$ (785,488)	$ (182,448)
Adjustments to reconcile loss to net cash used in operating activities:
Depreciation and amortization	453,295	471,559
Changes in assets and liabilities:
Accounts receivable and other receivable	(123,444)	(112,415)
Advance to suppliers	(228,713)	58,452
Inventory	933,163	476,941
Value added tax receivable	21,245	8,212
Note receivable	706	(250)
Accounts payable	(147,801)	(286,874)
Payable to related party	(30,000)	30,000
Accrued expenses and other current liabilities	64,532	132,908
Deferred income	(62,521)	(97,625)
Net cash used in operating activities	94,973	498,460
Cash flows from financing activities:
Proceeds from loans	138,481
Payment of loans payable
Net cash provided by financing activities	138,481
Effect of exchange rate changes on cash	257,292	(141,083)
Net increase (decrease) in cash	490,747	357,377
Cash, beginning of year	342,342	206,621
Cash, end of year	833,089	563,998
Supplemental disclosures of cash flow information:
Cash paid for interest	150,396	142,453
Cash paid for income tax

ORGANIZATION AND DESCRIPTION OF

ORGANIZATION AND DESCRIPTION OF BUSINESS	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
ORGANIZATION AND DESCRIPTION OF BUSINESS	NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS We were incorporated under the name Plasma Innovative, Inc. on July 22, 2021 as an emerging cold plasma application company. We intended to use our proprietary, cold plasma technology to treat crops and plant seeds for agriculture. However, we have decided that it is in the best interest of our shareholders to cease operations in the plasma application in the agriculture sector. ESG Inc. (“ESG”) was incorporated in October 2022 as a Nevada holding corporation and is headquartered at Kennett Square, PA. ESG develops and operates sustainable plant-based ingredients and food production and distribution with the substantial experience of its management team, including experience and relationships in the industry of mushroom, agriculture and food in the world and the capital markets in the States. ESG incorporated ESG China Limited as ESG’s wholly owned subsidiary in Hong Kong on November 18, 2022. ESG China Limited incorporated Hainan ESG Technology Co., Ltd., a China corporation (“Hainan ESG”) with 100% of ownership on January 16, 2023. ESG, ESG China Limited and Hainan ESG have no operations or transactions. AUFP incorporated Anhui Allied United Mushroom Technology Co., Ltd. (“AUMT”) in China in March 2018, to manufacture white button mushroom compost while AUFP incorporated Anhui Allied United Mushroom Co., Ltd. (“AUM”) in China in April, 2018, to grow fresh white button mushroom and provide mushroom growing management services. AUFP, AUMT and AUM are operating entities in China. On September 28, 2023, ESG entered into a share exchange agreement with Funan Allied United Farmer Products Co., Ltd., a China corporation (“AUFP”), the shareholders of AUFP, (each a “Shareholder,” and collectively, the “Shareholders”), and Hainan ESG Technology Co., Ltd., a China corporation (“Hainan ESG”). Pursuant to such agreement, the Shareholders exchanged their equity of AUFP to Hainan ESG for shares of common stock of ESG. Following this transaction, AUFP became a 74.52% subsidiary of ESG through Hainan ESG. Prior to the share exchange, Mr. Zhi Yang owned 30% 24.52% 10% 74.52% 73.15% 13.42% On November 6, 2023, Plasma Innovative Inc. entered into a share exchange agreement (the “Share Exchange Agreement”) with ESG and the shareholders of ESG (the “ESG Shareholders”), whereby One Hundred Percent ( 100% 10,432,800 Neither the Company nor ESG are Chinese operating companies. They are Nevada holding companies that operate business through Funan Allied United Farmer Products Co., Ltd., which owns Anhui Allied United Mushroom Technology Co., Ltd. and Anhui Allied United Mushroom Co., Ltd., all of whom are Chinese operating companies. Since the Company is effectively controlled by the same controlling shareholders before and after the share exchange agreement, it is considered under common control. Therefore the above mentioned transactions were accounted for as a recapitalization. The reorganization has been accounted for at historical cost and prepared on the basis as if the aforementioned transactions had become effective as of the beginning of the first period presented in the accompanying financial statements of the Company. On November 22, 2023, Plasma Innovative Inc. filed Articles of Merger with the State of Nevada to merge ESG Inc. into Plasma Innovative Inc. ESG Inc. is the surviving name. Effective February 23, 2024, upon approval from FINRA, the Company’s name was changed from Plasma Innovative Inc. to ESG Inc., and its trading symbol was changed from PMIN to ESGH. Our operating subsidiaries are involved in direct white button mushroom composting, growing, food production, distribution as well as import and export of Phase III compost and food to strategize. With the core business philosophy to develop and operate sustainable and technology-driven food businesses consistent with the principles of Environmental, Sustainable and Governance investing, we believe that the growing global demand for sustainable high quality food presents a unique opportunity to operate companies engaged in this critical area that is being paid increasing attention by global investors.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of presentation and consolidation The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and include all adjustments necessary for the fair presentation of the Company’s financial position for the periods presented. The consolidated financial statements of the Company include the financial statements of the Company and its 74.52% 25.48% 3,021,923 3,274,308 Interim Financial Information The unaudited financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) applicable to interim financial information and the requirements of Form 10-Q and Rule 8-03 of Regulation S-X of the Securities and Exchange Commission. Accordingly, they do not include all of the information and disclosure required by accounting principles generally accepted in the United States of America for complete financial statements. Interim results are not necessarily indicative of results for a full year. In the opinion of management, all adjustments considered necessary for a fair presentation of the financial position and the results of operations and cash flows for the interim periods have been included. These financial statements should be read in conjunction with the audited financial statements as of and for the year ended December 31, 2023, as not all disclosures required by generally accepted accounting principles for annual financial statements are presented. The interim financial statements follow the same accounting policies and methods of computations as the audited financial statements as of and for the year ended December 31, 2023. Use of estimates In preparing the consolidated financial statements in conformity with U.S. GAAP, management makes estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the dates of consolidated financial statements, as well as the reported amounts of revenues and expenses during the reporting year. Significant items subject to such estimates and assumptions include allowance for doubtful accounts, advances to suppliers, valuation of inventories, useful lives of property, plant, and equipment and intangible assets. Cash and cash equivalents Cash and cash equivalents include demand deposits with financial institutions that are highly liquid in nature. Accounts receivable Accounts receivable are presented net of an allowance for doubtful accounts. The Company maintains an allowance for doubtful accounts for estimated losses. The Company reviews its accounts receivable on a periodic basis and makes general and specific allowance when there is doubt as to the collectability of individual balances. In evaluating the collectability of individual receivable balances, the Company considers many factors, including the age of the balance, customer’s payment history, its current creditworthiness and current economic trends. Accounts are written off after efforts at collection prove unsuccessful. As of March 31, 2024 and December 31, 2023, allowance for doubtful accounts was 0 0 Advances to suppliers, net Advances to suppliers represent prepayments made to ensure continuous high-quality supplies and favorable purchase prices for premium quality. These advances are settled upon suppliers delivering raw materials to the Company when the transfer of ownership occurs. The Company review its advances to suppliers on a periodic basis and makes general and specific allowances when there is doubt as to the ability of a supplier to provide supplies to the Company or refund an advance. As of March 31, 2024 and December 31, 2023, advance to suppliers was $ 394,723 166,010 Inventory Inventory is comprised primarily of raw materials, work-in-progress and finished goods. The value of inventory is determined using the weighted average method. The Company periodically estimates an inventory allowance for estimated unmarketable inventories when necessary. Inventory amounts are reported in net of allowances. As of March 31, 2024 and December 31, 2023, inventories were $ 718,213 1,651,376 Property, plant and equipment, net Property, plant and equipment are stated at cost, less accumulated depreciation. Major repair and improvements that significantly extend original useful lives or improve productivity are capitalized and depreciated over the period benefited. Repair and maintenance costs are expensed as incurred. Depreciation is recorded principally by the straight-line method over the estimated useful lives of our property, plant and equipment which generally have the following ranges: buildings and improvements: 20 5 10 3 5 Intangible assets, net Intangible assets with finite lives are amortized using the straight-line method over their estimated period of benefit. Evaluation of the recoverability of intangible assets is made to take into account events or circumstances that warrant revise estimates of useful lives or that indicate that impairment exists. All of the Company’s intangible assets are subject to amortization. No impairment of intangible assets has been identified as of the balance sheet date. Intangible assets consist of land use rights, patent and purchased software. Intangible assets are stated at cost less accumulated amortization. The land purchased for industrial use has the right of use for 50 50 12 5 Revenue recognition The Company follows Accounting Standards Codification Topic 606, Revenue from Contracts with Customers (ASC 606). FASB ASC Topic 606 requires the use of a new five-step model to recognize revenue from customer contracts. The five-step model requires the Company (i) identify the contract with the customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, including variable consideration to the extent that it is probable that a significant future reversal will not occur, (iv) allocate the transaction price to the respective performance obligations in the contract, and (v) recognize revenue when (or as) the Company satisfies each performance obligation. Revenue is generated by selling fresh mushrooms to authorized distributors and wholesalers mainly in Yangzi River Delta. Contracts were signed after the communication of the price and quantities with customers. Our sales terms generally do not allow to sell without a deposit being made and do not allow for a right of return. Usually, the deposit from the customer equals or more than the sales amount. Control of the mushrooms is transferred upon receipt or loaded in the truck of carriers at our warehouse, as determined by the specific terms of the contract. Upon transfer of control to the customer, which completes our performance obligation, revenue is recognized. Deferred income Deferred income consists primarily of government grants. Government grants (sometimes referred to as subsidies, subventions, etc.) are as assistance by government in the form of transfers of resources to an entity in return for past or future compliance with certain conditions relating to the operating activities of the entity. Government grants received relating to depreciable assets are recorded as deferred income and recognized in over the life of the related assets. The Company recorded income when receiving a grant which constitutes compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs. Research and development expenses Research and development expenses are expensed in the period when incurred. These costs primarily consist of cost of materials used, salaries paid for the Company’s development department, and fees paid to the third parties. The research and development expenses were $ 131,088 130,204 Noncontrolling interests The Company follows FASB ASC Topic 810, “ The net income (loss) attributed to NCI was separately designated in the accompanying statements of operations and comprehensive income (loss). Losses attributable to NCI in a subsidiary may exceed a non-controlling interest’s interests in the subsidiary’s equity. The excess attributable to NCIs is attributed to those interests. NCIs shall continue to be attributed their share of losses even if that attribution results in a deficit NCI balance. AUFP and its subsidiaries, AUM and AUMT were 25.48% 3,021,923 3,274,308 197,821 40,100 Concentration of credit risk The Company maintains cash in accounts with state-owned banks within the PRC. Cash in state-owned banks less than $ 69,241 500,000 806,593 317,947 In 2023, the Company signed long-term contracts to sell mushroom to two distributors who accounted for 78% 22% 16% 12% Foreign currency translation and comprehensive income (loss) The accounts of the Company’s Chinese entities are maintained in Chinese Yuan (“RMB”) and the accounts of the U.S. parent company are maintained in United States dollar (“USD”). The accounts of the Chinese entities were translated into USD in accordance with FASB ASC Topic 830 “Foreign Currency Matters.” All assets and liabilities were translated at the exchange rate on the balance sheet date; stockholders’ equity is translated at historical rates and the statements of operations and cash flows are translated at the weighted average exchange rate for the period. The resulting translation adjustments are reported under other comprehensive income (loss) in accordance with FASB ASC Topic 220, “Comprehensive Income.” Gains and losses resulting from foreign currency transactions are reflected in the statements of operations. The Company follows FASB ASC Topic 220-10, “Comprehensive Income (loss).” Comprehensive income (loss) comprises net income (loss) and all changes to the statements of changes in stockholders’ equity, except those due to investments by stockholders, changes in additional paid-in capital and distributions to stockholders. The exchange rates used to translate amounts in RMB to USD for the purposes of preparing the CFS were as follows: Schedule of foreign currency exchange rates March 31, December 31, March 31, 2023 Period-end date USD: RMB exchange rate 7.2212 7.0797 6.8688 Average USD for the reporting period: RMB exchange rate 7.1589 7.075 6.8419 Income taxes The Company uses the asset and liability method of accounting for income taxes in accordance with FASB ASC Topic 740, “Income Taxes.” Under this method, income tax expense is recognized for the amount of: (i) tax payable or refundable for the current period and (ii) deferred tax consequences of temporary differences resulting from matters that have been recognized in an entity’s financial statements or tax returns. Deferred tax assets also include the prior year’s net operating losses carried forward. The Company accounts for income for income taxes in accordance with ASC 740, Income Taxes. ASC 740 requires an asset and liability approach for financial accounting and reporting for income taxes and allows recognition and measurement of deferred tax assets based upon the likelihood of realization of tax benefits in future years. Under the asset and liability approach, deferred taxes are provided for the net effects of temporary difference between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. A valuation allowance is provided for deferred tax assets if it is more likely than not these items will either expire before the Company is able to realize their benefits, or not be deductible in the future. Contingencies Certain conditions may exist as of the date the condensed ) are issued, which may result in a loss to the Company but which will only be resolved when one or more future events occur or fail to occur. In accordance with ASC 450, the Company’s management and legal counsel assess such contingent liabilities, and If the assessment indicates that a potential material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, the nature of the contingent liability, together with an estimate of the range of possible loss if determinable and material, would be disclosed.

GOING CONCERN

GOING CONCERN	3 Months Ended
	Mar. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN	NOTE 3 – GOING CONCERN The accompanying consolidated financial statements were prepared assuming the Company will continue as a going concern, which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business. For the three months ended March 31, 2024 and 2023, the Company had a net loss of approximately $ 587,667 142,348 1,812,478 1,224,811 Historically, we have funded our operations primarily through our sale of fresh mushrooms and borrowings. Currently, all the loans are short-term borrowings. Management is working to increase long-term loans and equity investment in order to improve our capital structure. However, such additional cash resources may not be available to us on desirable terms, or at all, if and when needed by us. To enhance our ability to continue to operate, we are dedicating resources to generate recurring revenues and sustainable operating cash flows. On one side, we improved efficiency with current facilities, on the other side, we were expanding our composting facilities to generate more revenue by selling compost to customers.

CASH, CASH EQUIVALENTS

CASH, CASH EQUIVALENTS	3 Months Ended
	Mar. 31, 2024
Cash and Cash Equivalents [Abstract]
CASH, CASH EQUIVALENTS	NOTE 4 – CASH, CASH EQUIVALENTS The cash and cash equivalents were $ 833,089 342,342

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	3 Months Ended
	Mar. 31, 2024
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT	NOTE 5 – PROPERTY, PLANT AND EQUIPMENT The following table summarizes our property, plant and equipment: Schedule of property and equipment March 31, 2024 December 31, 2023 Buildings and improvements $ 15,996,892 $ 16,276,614 Machinery, equipment and vehicle fleet 8,448,411 8,597,430 Construction in progress 21,309 21,682 Property, plant and equipment - cost 24,466,612 24,895,726 Less: Accumulated depreciation (6,525,430 ) (6,200,757 ) Property, plant and equipment - net $ 17,941,182 $ 18,694,969 Depreciation expenses were $ 436,277 471,559

ACCOUNTS RECEIVABLE AND OTHER R

ACCOUNTS RECEIVABLE AND OTHER RECEIVABLES	3 Months Ended
	Mar. 31, 2024
Accounts Receivable And Other Receivables
ACCOUNTS RECEIVABLE AND OTHER RECEIVABLES	NOTE 6 – ACCOUNTS RECEIVABLE AND OTHER RECEIVABLES Accounts receivable and other receivable consisted of the following: Schedule of accounts receivable March 31, 2024 December 31, Accounts receivable $ 118,860 $ - Other receivable 83,805 79,221 Total $ 202,665 $ 79,221

INVENTORIES

INVENTORIES	3 Months Ended
	Mar. 31, 2024
Inventory Disclosure [Abstract]
INVENTORIES	NOTE 7 – INVENTORIES Inventories consisted of the following: Schedule of inventories March 31, 2024 December 31, (unaudited) 2023 Raw materials $ 585,787 $ 1,516,634 Finished goods - - Work in progress - compost 88,774 90,326 - growing mushrooms 43,652 44,416 Total $ 718,213 $ 1,651,376

INTANGIBLE ASSETS

INTANGIBLE ASSETS	3 Months Ended
	Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	NOTE 8 – INTANGIBLE ASSETS Intangible assets are stated at cost or acquisition-date fair value less accumulated amortization and consist of the following: Schedule of intangible assets March 31, 2024 December 31, 2023 Land use right $ 3,270,794 $ 3,327,987 Software 7,569 7,701 Patent 6,924 7,045 Subtotal 3,285,287 3,342,733 Less: Accumulated amortization (269,284 ) (256,827 ) Total $ 3,016,003 $ 3,085,906 Amortization expenses for the three months ended March 31, 2024 and 2023 were $ 17,017 17,464

BANK LOANS

BANK LOANS	3 Months Ended
	Mar. 31, 2024
Bank Loans
BANK LOANS	NOTE 9 – BANK LOANS Short-term bank loans consisted of the following: Schedule of short-term bank loans March 31, Interest Due date December 31, Interest Due date Agricultural Bank of China Funan Branch $ 830,887 3.70 % 4/10/24 $ 845,416 3.70 % 4/10/24 Anhui Funan Rural Commercial Bank 1,938,736 5.90 % 12/22/24 1,972,637 5.90 % 12/22/24 Anhui Funan Rural Commercial Bank 1,384,811 5.60 % 3/28/25 1,409,026 5.90 % 3/28/24 Anhui Funan Rural Commercial Bank 830,887 5.90 % 1/25/25 845,416 5.90 % 1/25/24 Industrial and Commercial Bank of China, Funan (1) 692,406 3.45 % 10/12/24 704,513 3.45 % 10/12/24 Industrial and Commercial Bank of China, Funan (2) 415,443 3.45 % 3/24/25 - - - Bank of China Funan Branch 1,107,849 3.60 % 3/15/25 1,127,221 3.60 % 3/15/25 Total $ 7,201,019 - - $ 6,909,229 - - (1) The loans from Bank of China were pledged by fixed assets as of March 31, 2024 and December 31, 2023, respectively. (2) The loans from Industrial and Commercial Bank of China, Funan branch were pledged by fixed assets as of March 31, 2024. The difference in loan balance between March 31, 2024 and December 31, 2024 was due to foreign currency exchange.

ACCRUED EXPENSES AND OTHER CURR

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES	3 Months Ended
	Mar. 31, 2024
Payables and Accruals [Abstract]
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES	NOTE 10 – ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES Accrued expenses and other current liabilities consisted of the following: Schedule of accrued expenses and other current liabilities March 31, 2024 December 31, Advances from customers $ 34,498 $ 63,867 Salary payable 140,444 181,950 Tax payable 14,662 16,131 Other payables (1) 2,187,699 2,050,824 Total $ 2,377,303 $ 2,312,772 (1) Other payable was primarily comprised of loans from non-bank institutions. Loans were including $ 276,962 281,805 1,384,811 1,409,026

VALUE ADDED TAX RECEIVABLE

VALUE ADDED TAX RECEIVABLE	3 Months Ended
	Mar. 31, 2024
Value Added Tax Receivable
VALUE ADDED TAX RECEIVABLE	NOTE 11 – VALUE ADDED TAX RECEIVABLE Selling merchandise in China is generally subject to the value-added tax (“VAT”). The Company and its subsidiaries’ primary operations are classified as agriculture products and its revenue is exempt from VAT and income tax. The amount of VAT liability is determined by applying the applicable tax rate to the invoiced amount of goods sold (output VAT) less VAT paid on purchases made with the relevant supporting invoices (input VAT). VAT input was primarily due to purchase of property, plant and equipment. As of March 31, 2024 and December 31, 2023, VAT input was $ 2,190,735 2,211,980

ASSET ACQUISITION

ASSET ACQUISITION	3 Months Ended
	Mar. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
ASSET ACQUISITION	NOTE 12 – ASSET ACQUISITION On May 11, 2021, Anhui Allied United Mushroom Co., Ltd. signed the Agreement (“Agreement”) with Suhua Yang and Hao Yan, the owners of Funan Zhihua Mushroom Co., Ltd. (“Target Company”). As the consideration of transferring 100% 2,151,383 14,840,028 25,612 176,667

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Mar. 31, 2024
Commitments and Contingencies
COMMITMENTS AND CONTINGENCIES	NOTE 13: COMMITMENTS AND CONTINGENCIES Commitments On January 5, 2022, Funan Modern Recycling Agriculture Investment Co., Ltd. (“FMRA”) signed an agreement with AUFP to fund AUFP 115 18.09 Legal contingencies The Company is involved in a few legal proceedings. Management has identified certain legal matters where we believe an unfavorable outcome is reasonably estimated. Management believes that the total liabilities of the Company that may arise as a result of currently pending proceedings will not have a material adverse effect on the Company, taken as a whole. On September 3, 2021, Anhui Daquan Construction Company (“Daquan”) filed a lawsuit against Funan Zhihua Mushroom Co., Ltd. (a merged company, “Zhihua”) on unpaid contractual price of $ 48,744 26,095 26,095 On November 10, 2022, Funan Yuanlangju Construction Co., Ltd. filed a lawsuit against AUFP for $ 60,147 50,740 On December 2, 2022, Liu Pengpeng filed a lawsuit against AUFP for $ 66,066

RELATED PARTY TRANSACTION

RELATED PARTY TRANSACTION	3 Months Ended
	Mar. 31, 2024
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTION	NOTE 14 – RELATED PARTY TRANSACTION On October 22, 2022, Mr. Zhi Yang, the Company founder and CEO subscribed 12 30,000 12,000,000 February 5, 2024

DEFERRED INCOME

DEFERRED INCOME	3 Months Ended
	Mar. 31, 2024
Revenue Recognition and Deferred Revenue [Abstract]
DEFERRED INCOME	NOTE 15 – DEFERRED INCOME As of March 31, 2024 and December 31, 2023, deferred income was $ 1,293,031 1,355,552 94,348 69,169 94,348 41,399 0 27,770

INCOME TAXES

INCOME TAXES	3 Months Ended
	Mar. 31, 2024
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 16 – INCOME TAXES The company is subject to income taxes on an entity basis on income derived from the location in which each entity is domiciled. ESG Inc, ESG China Limited and Hainan ESG Tech are holding companies without operations. The Company’s U.S. parent company is subject to U.S. income tax rate of 21% and files U.S. federal income tax return. As of March 31, 2024 and December 31, 2023, the U.S. entity had net operating loss (“NOL”) carry forwards for income tax purposes of $ 177,203 193,010 In China the Corporate Income Tax Law generally applies an income tax rate of 25% to all enterprises. In corporate income tax article 86, “Regulations for the Implementation of the Enterprise Income Tax Law” article 27(1) of stipulate: the income of an enterprise engaged in agriculture, forestry, animal husbandry, and fishery projects may be exempted or reduced from income tax. Refer to: (1) Enterprises are exempted from enterprise income tax on income derived from the following items: 1. Planting of vegetables , grains, potatoes. Funan Allied Untied Farmer Products, Anhui Allied United Mushroom Technology and Anhui Allied United Mushroom are engaged in agricultural production in China, and their income tax are exempted. Net income and net loss were not offset among the operating subsidiaries. Net income of $ 72,822 344,686 15,293 72,384 After consideration of all the information available, management believes that significant uncertainty exists with respect to future realization of the deferred tax assets and has therefore established a full valuation allowance as of March 31, 2024 and December 31, 2023. There were no As of March 31, 2024 and December 31, 2023, the Company had net operating loss (“NOL”) carryforwards of $ 10,461,994 9,619,491 Management believes that it is more likely than not that the benefit from the NOL carryforwards will not be realized and thus provided a 100% valuation allowance as of March 31, 2024 and December 31, 2023 and no deferred tax asset benefit has been recorded. The Company’s management reviews this valuation allowance periodically and makes adjustments as necessary. The following table reconciles the U.S. statutory rates to the Company’s effective tax rate for the three months ended March 31, 2024 and 2023: Schedule of effective tax rates For the three months ended, March 31, 2024 March 31, 2023 US federal statutory rates (21 %) (21 %) Tax rate difference between PRC and U.S. (4 %) (4 %) Effect of income tax exemption on certain income (2 %) (24 %) Change in valuation allowance 27 % 49 % Effective tax rate $ - $ - The provision for income tax expense (benefit) for the three month ended March 31, 2024 and 2023 consisted of the following: Schedule of income tax expense (benefit) For the three months ended, March 31, 2024 March 31, 2023 Income tax expense - current $ - $ - Income tax benefit -deferred (173,589 ) (128,384 ) Increase in valuation allowance 173,589 128,384 Total income tax expense $ - $ - The Company’s net deferred tax asset as of March 31, 2024 and December 31,2023 is as follows: Schedule of net deferred tax assets March, 31 December 31, 2024 (unaudited) 2023 Deferred tax asset Net operating loss $ (2,704,733 ) $ (2,531,144 ) Less: valuation allowance 2,704,733 2,531,144 Net deferred tax asset $ - $ -

EQUITY

EQUITY	3 Months Ended
	Mar. 31, 2024
Equity [Abstract]
EQUITY	NOTE 17 – EQUITY The Company authorized 65,000,000 0.001 10,000,000 0.001 25,899,468 no

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2024
Subsequent Events
SUBSEQUENT EVENTS	NOTE 18 – SUBSEQUENT EVENTS On May 8, 2024, Mr. Zhi Yang, the Company's founder and CEO transferred 14,000,000 The Company evaluated all events and transactions that occurred after March 31, 2024 through the date of the consolidated financial statements were available to be issued and concluded that there were no other material subsequent events.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
Basis of presentation and consolidation	Basis of presentation and consolidation The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and include all adjustments necessary for the fair presentation of the Company’s financial position for the periods presented. The consolidated financial statements of the Company include the financial statements of the Company and its 74.52% 25.48% 3,021,923 3,274,308
Interim Financial Information	Interim Financial Information The unaudited financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) applicable to interim financial information and the requirements of Form 10-Q and Rule 8-03 of Regulation S-X of the Securities and Exchange Commission. Accordingly, they do not include all of the information and disclosure required by accounting principles generally accepted in the United States of America for complete financial statements. Interim results are not necessarily indicative of results for a full year. In the opinion of management, all adjustments considered necessary for a fair presentation of the financial position and the results of operations and cash flows for the interim periods have been included. These financial statements should be read in conjunction with the audited financial statements as of and for the year ended December 31, 2023, as not all disclosures required by generally accepted accounting principles for annual financial statements are presented. The interim financial statements follow the same accounting policies and methods of computations as the audited financial statements as of and for the year ended December 31, 2023.
Use of estimates	Use of estimates In preparing the consolidated financial statements in conformity with U.S. GAAP, management makes estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the dates of consolidated financial statements, as well as the reported amounts of revenues and expenses during the reporting year. Significant items subject to such estimates and assumptions include allowance for doubtful accounts, advances to suppliers, valuation of inventories, useful lives of property, plant, and equipment and intangible assets.
Cash and cash equivalents	Cash and cash equivalents Cash and cash equivalents include demand deposits with financial institutions that are highly liquid in nature.
Accounts receivable	Accounts receivable Accounts receivable are presented net of an allowance for doubtful accounts. The Company maintains an allowance for doubtful accounts for estimated losses. The Company reviews its accounts receivable on a periodic basis and makes general and specific allowance when there is doubt as to the collectability of individual balances. In evaluating the collectability of individual receivable balances, the Company considers many factors, including the age of the balance, customer’s payment history, its current creditworthiness and current economic trends. Accounts are written off after efforts at collection prove unsuccessful. As of March 31, 2024 and December 31, 2023, allowance for doubtful accounts was 0 0
Advances to suppliers, net	Advances to suppliers, net Advances to suppliers represent prepayments made to ensure continuous high-quality supplies and favorable purchase prices for premium quality. These advances are settled upon suppliers delivering raw materials to the Company when the transfer of ownership occurs. The Company review its advances to suppliers on a periodic basis and makes general and specific allowances when there is doubt as to the ability of a supplier to provide supplies to the Company or refund an advance. As of March 31, 2024 and December 31, 2023, advance to suppliers was $ 394,723 166,010
Inventory	Inventory Inventory is comprised primarily of raw materials, work-in-progress and finished goods. The value of inventory is determined using the weighted average method. The Company periodically estimates an inventory allowance for estimated unmarketable inventories when necessary. Inventory amounts are reported in net of allowances. As of March 31, 2024 and December 31, 2023, inventories were $ 718,213 1,651,376
Property, plant and equipment, net	Property, plant and equipment, net Property, plant and equipment are stated at cost, less accumulated depreciation. Major repair and improvements that significantly extend original useful lives or improve productivity are capitalized and depreciated over the period benefited. Repair and maintenance costs are expensed as incurred. Depreciation is recorded principally by the straight-line method over the estimated useful lives of our property, plant and equipment which generally have the following ranges: buildings and improvements: 20 5 10 3 5
Intangible assets, net	Intangible assets, net Intangible assets with finite lives are amortized using the straight-line method over their estimated period of benefit. Evaluation of the recoverability of intangible assets is made to take into account events or circumstances that warrant revise estimates of useful lives or that indicate that impairment exists. All of the Company’s intangible assets are subject to amortization. No impairment of intangible assets has been identified as of the balance sheet date. Intangible assets consist of land use rights, patent and purchased software. Intangible assets are stated at cost less accumulated amortization. The land purchased for industrial use has the right of use for 50 50 12 5
Revenue recognition	Revenue recognition The Company follows Accounting Standards Codification Topic 606, Revenue from Contracts with Customers (ASC 606). FASB ASC Topic 606 requires the use of a new five-step model to recognize revenue from customer contracts. The five-step model requires the Company (i) identify the contract with the customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, including variable consideration to the extent that it is probable that a significant future reversal will not occur, (iv) allocate the transaction price to the respective performance obligations in the contract, and (v) recognize revenue when (or as) the Company satisfies each performance obligation. Revenue is generated by selling fresh mushrooms to authorized distributors and wholesalers mainly in Yangzi River Delta. Contracts were signed after the communication of the price and quantities with customers. Our sales terms generally do not allow to sell without a deposit being made and do not allow for a right of return. Usually, the deposit from the customer equals or more than the sales amount. Control of the mushrooms is transferred upon receipt or loaded in the truck of carriers at our warehouse, as determined by the specific terms of the contract. Upon transfer of control to the customer, which completes our performance obligation, revenue is recognized.
Deferred income	Deferred income Deferred income consists primarily of government grants. Government grants (sometimes referred to as subsidies, subventions, etc.) are as assistance by government in the form of transfers of resources to an entity in return for past or future compliance with certain conditions relating to the operating activities of the entity. Government grants received relating to depreciable assets are recorded as deferred income and recognized in over the life of the related assets. The Company recorded income when receiving a grant which constitutes compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs.
Research and development expenses	Research and development expenses Research and development expenses are expensed in the period when incurred. These costs primarily consist of cost of materials used, salaries paid for the Company’s development department, and fees paid to the third parties. The research and development expenses were $ 131,088 130,204
Noncontrolling interests	Noncontrolling interests The Company follows FASB ASC Topic 810, “ The net income (loss) attributed to NCI was separately designated in the accompanying statements of operations and comprehensive income (loss). Losses attributable to NCI in a subsidiary may exceed a non-controlling interest’s interests in the subsidiary’s equity. The excess attributable to NCIs is attributed to those interests. NCIs shall continue to be attributed their share of losses even if that attribution results in a deficit NCI balance. AUFP and its subsidiaries, AUM and AUMT were 25.48% 3,021,923 3,274,308 197,821 40,100
Concentration of credit risk	Concentration of credit risk The Company maintains cash in accounts with state-owned banks within the PRC. Cash in state-owned banks less than $ 69,241 500,000 806,593 317,947 In 2023, the Company signed long-term contracts to sell mushroom to two distributors who accounted for 78% 22% 16% 12%
Foreign currency translation and comprehensive income (loss)	Foreign currency translation and comprehensive income (loss) The accounts of the Company’s Chinese entities are maintained in Chinese Yuan (“RMB”) and the accounts of the U.S. parent company are maintained in United States dollar (“USD”). The accounts of the Chinese entities were translated into USD in accordance with FASB ASC Topic 830 “Foreign Currency Matters.” All assets and liabilities were translated at the exchange rate on the balance sheet date; stockholders’ equity is translated at historical rates and the statements of operations and cash flows are translated at the weighted average exchange rate for the period. The resulting translation adjustments are reported under other comprehensive income (loss) in accordance with FASB ASC Topic 220, “Comprehensive Income.” Gains and losses resulting from foreign currency transactions are reflected in the statements of operations. The Company follows FASB ASC Topic 220-10, “Comprehensive Income (loss).” Comprehensive income (loss) comprises net income (loss) and all changes to the statements of changes in stockholders’ equity, except those due to investments by stockholders, changes in additional paid-in capital and distributions to stockholders. The exchange rates used to translate amounts in RMB to USD for the purposes of preparing the CFS were as follows: Schedule of foreign currency exchange rates March 31, December 31, March 31, 2023 Period-end date USD: RMB exchange rate 7.2212 7.0797 6.8688 Average USD for the reporting period: RMB exchange rate 7.1589 7.075 6.8419
Income taxes	Income taxes The Company uses the asset and liability method of accounting for income taxes in accordance with FASB ASC Topic 740, “Income Taxes.” Under this method, income tax expense is recognized for the amount of: (i) tax payable or refundable for the current period and (ii) deferred tax consequences of temporary differences resulting from matters that have been recognized in an entity’s financial statements or tax returns. Deferred tax assets also include the prior year’s net operating losses carried forward. The Company accounts for income for income taxes in accordance with ASC 740, Income Taxes. ASC 740 requires an asset and liability approach for financial accounting and reporting for income taxes and allows recognition and measurement of deferred tax assets based upon the likelihood of realization of tax benefits in future years. Under the asset and liability approach, deferred taxes are provided for the net effects of temporary difference between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. A valuation allowance is provided for deferred tax assets if it is more likely than not these items will either expire before the Company is able to realize their benefits, or not be deductible in the future.
Contingencies	Contingencies Certain conditions may exist as of the date the condensed ) are issued, which may result in a loss to the Company but which will only be resolved when one or more future events occur or fail to occur. In accordance with ASC 450, the Company’s management and legal counsel assess such contingent liabilities, and If the assessment indicates that a potential material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, the nature of the contingent liability, together with an estimate of the range of possible loss if determinable and material, would be disclosed.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
Schedule of foreign currency exchange rates	Schedule of foreign currency exchange rates March 31, December 31, March 31, 2023 Period-end date USD: RMB exchange rate 7.2212 7.0797 6.8688 Average USD for the reporting period: RMB exchange rate 7.1589 7.075 6.8419

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	3 Months Ended
	Mar. 31, 2024
Property, Plant and Equipment [Abstract]
Schedule of property and equipment	Schedule of property and equipment March 31, 2024 December 31, 2023 Buildings and improvements $ 15,996,892 $ 16,276,614 Machinery, equipment and vehicle fleet 8,448,411 8,597,430 Construction in progress 21,309 21,682 Property, plant and equipment - cost 24,466,612 24,895,726 Less: Accumulated depreciation (6,525,430 ) (6,200,757 ) Property, plant and equipment - net $ 17,941,182 $ 18,694,969

ACCOUNTS RECEIVABLE AND OTHER_2

ACCOUNTS RECEIVABLE AND OTHER RECEIVABLES (Tables)	3 Months Ended
	Mar. 31, 2024
Accounts Receivable And Other Receivables
Schedule of accounts receivable	Schedule of accounts receivable March 31, 2024 December 31, Accounts receivable $ 118,860 $ - Other receivable 83,805 79,221 Total $ 202,665 $ 79,221

INVENTORIES (Tables)

INVENTORIES (Tables)	3 Months Ended
	Mar. 31, 2024
Inventory Disclosure [Abstract]
Schedule of inventories	Schedule of inventories March 31, 2024 December 31, (unaudited) 2023 Raw materials $ 585,787 $ 1,516,634 Finished goods - - Work in progress - compost 88,774 90,326 - growing mushrooms 43,652 44,416 Total $ 718,213 $ 1,651,376

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	3 Months Ended
	Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intangible assets	Schedule of intangible assets March 31, 2024 December 31, 2023 Land use right $ 3,270,794 $ 3,327,987 Software 7,569 7,701 Patent 6,924 7,045 Subtotal 3,285,287 3,342,733 Less: Accumulated amortization (269,284 ) (256,827 ) Total $ 3,016,003 $ 3,085,906

BANK LOANS (Tables)

BANK LOANS (Tables)	3 Months Ended
	Mar. 31, 2024
Bank Loans
Schedule of short-term bank loans	Schedule of short-term bank loans March 31, Interest Due date December 31, Interest Due date Agricultural Bank of China Funan Branch $ 830,887 3.70 % 4/10/24 $ 845,416 3.70 % 4/10/24 Anhui Funan Rural Commercial Bank 1,938,736 5.90 % 12/22/24 1,972,637 5.90 % 12/22/24 Anhui Funan Rural Commercial Bank 1,384,811 5.60 % 3/28/25 1,409,026 5.90 % 3/28/24 Anhui Funan Rural Commercial Bank 830,887 5.90 % 1/25/25 845,416 5.90 % 1/25/24 Industrial and Commercial Bank of China, Funan (1) 692,406 3.45 % 10/12/24 704,513 3.45 % 10/12/24 Industrial and Commercial Bank of China, Funan (2) 415,443 3.45 % 3/24/25 - - - Bank of China Funan Branch 1,107,849 3.60 % 3/15/25 1,127,221 3.60 % 3/15/25 Total $ 7,201,019 - - $ 6,909,229 - - (1) The loans from Bank of China were pledged by fixed assets as of March 31, 2024 and December 31, 2023, respectively. (2) The loans from Industrial and Commercial Bank of China, Funan branch were pledged by fixed assets as of March 31, 2024.

ACCRUED EXPENSES AND OTHER CU_2

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Tables)	3 Months Ended
	Mar. 31, 2024
Payables and Accruals [Abstract]
Schedule of accrued expenses and other current liabilities	Schedule of accrued expenses and other current liabilities March 31, 2024 December 31, Advances from customers $ 34,498 $ 63,867 Salary payable 140,444 181,950 Tax payable 14,662 16,131 Other payables (1) 2,187,699 2,050,824 Total $ 2,377,303 $ 2,312,772 (1) Other payable was primarily comprised of loans from non-bank institutions. Loans were including $ 276,962 281,805 1,384,811 1,409,026

INCOME TAXES (Tables)

INCOME TAXES (Tables)	3 Months Ended
	Mar. 31, 2024
Income Tax Disclosure [Abstract]
Schedule of effective tax rates	Schedule of effective tax rates For the three months ended, March 31, 2024 March 31, 2023 US federal statutory rates (21 %) (21 %) Tax rate difference between PRC and U.S. (4 %) (4 %) Effect of income tax exemption on certain income (2 %) (24 %) Change in valuation allowance 27 % 49 % Effective tax rate $ - $ -
Schedule of income tax expense (benefit)	Schedule of income tax expense (benefit) For the three months ended, March 31, 2024 March 31, 2023 Income tax expense - current $ - $ - Income tax benefit -deferred (173,589 ) (128,384 ) Increase in valuation allowance 173,589 128,384 Total income tax expense $ - $ -
Schedule of net deferred tax assets	Schedule of net deferred tax assets March, 31 December 31, 2024 (unaudited) 2023 Deferred tax asset Net operating loss $ (2,704,733 ) $ (2,531,144 ) Less: valuation allowance 2,704,733 2,531,144 Net deferred tax asset $ - $ -

ORGANIZATION AND DESCRIPTION _2

ORGANIZATION AND DESCRIPTION OF BUSINESS (Details Narrative) - shares	Nov. 06, 2023	Mar. 31, 2024
Share exchanged	10,432,800
ESG [Member]
Ownership interest	100%
AUFP [Member]
Ownership interest		74.52%
AUFP [Member] | Mr. Zhi Yang [Member]
Ownership interest		30%
AUFP [Member] | Zhihan [Member]
Ownership interest		24.52%
AUFP [Member] | Mr. Chris Alonzo [Member]
Ownership interest		10%
ESG [Member] | Zhihan [Member]
Ownership interest		73.15%
ESG [Member] | Mr. Christopher Alonzo [Member]
Ownership interest		13.42%

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023
Period End Date [Member]
Intra-Entity Foreign Currency Balance [Line Items]
Foreign currency exchange rate, translation	7.2212	7.0797	6.8688
Average USD For The Reporting Period [Member]
Intra-Entity Foreign Currency Balance [Line Items]
Foreign currency exchange rate, translation	7.1589	7.075	6.8419

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)	3 Months Ended
	Mar. 31, 2024 USD ($)	Mar. 31, 2023 USD ($)	Mar. 31, 2024 CNY (¥)	Dec. 31, 2023 USD ($)
Property, Plant and Equipment [Line Items]
Noncontrolling interest	$ 3,021,923			$ 3,274,308
Allowance for doubtful accounts	0			0
Advances to Affiliate	394,723			166,010
Inventory	718,213			1,651,376
Research and development expenses	131,088	$ 130,204
Loss attributable to noncontrolling interest	197,821	$ 40,100
Cash	69,241		¥ 500,000
Cash equivalents	$ 806,593			317,947
Revenue Benchmark [Member] | Distributor One [Member]
Property, Plant and Equipment [Line Items]
Concentration of credit risk	78%	16%
Revenue Benchmark [Member] | Distributor Two [Member]
Property, Plant and Equipment [Line Items]
Concentration of credit risk	22%	12%
Land Purchased [Member]
Property, Plant and Equipment [Line Items]
Intangible asset, useful life	50 years		50 years
Use Rights [Member]
Property, Plant and Equipment [Line Items]
Intangible asset, useful life	50 years		50 years
Patents [Member]
Property, Plant and Equipment [Line Items]
Intangible asset, useful life	12 years		12 years
Computer Software, Intangible Asset [Member]
Property, Plant and Equipment [Line Items]
Intangible asset, useful life	5 years		5 years
Building and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment, useful life	20 years		20 years
Machinery and Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment, useful life	5 years		5 years
Machinery and Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment, useful life	10 years		10 years
Office Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment, useful life	3 years		3 years
Office Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment, useful life	5 years		5 years
AUFP [Member]
Property, Plant and Equipment [Line Items]
Ownership percentage	74.52%		74.52%
Noncontrolling interest	$ 3,021,923			3,274,308
AUM and AUMT [Member]
Property, Plant and Equipment [Line Items]
Noncontrolling interest	$ 3,021,923			$ 3,274,308
Subsidiaries in China [Member]
Property, Plant and Equipment [Line Items]
Ownership percentage	74.52%		74.52%
AUFP [Member]
Property, Plant and Equipment [Line Items]
Subsidiary ownership percentage noncontrolling owner	25.48%		25.48%
AUM and AUMT [Member]
Property, Plant and Equipment [Line Items]
Subsidiary ownership percentage noncontrolling owner	25.48%		25.48%

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net loss	$ 587,667	$ 142,348
Accumulated deficit	$ 1,812,478		$ 1,224,811

CASH, CASH EQUIVALENTS (Details

CASH, CASH EQUIVALENTS (Details Narrative) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Cash and Cash Equivalents [Abstract]
Cash and cash equivalent	$ 833,089	$ 342,342

PROPERTY, PLANT AND EQUIPMENT_2

PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Property, plant and equipment - cost	$ 24,466,612	$ 24,895,726
Less: Accumulated depreciation	(6,525,430)	(6,200,757)
Property, plant and equipment - net	17,941,182	18,694,969
Building and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment - cost	15,996,892	16,276,614
Machinery Equipment and Vehicle Fleet [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment - cost	8,448,411	8,597,430
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment - cost	$ 21,309	$ 21,682

PROPERTY, PLANT AND EQUIPMENT_3

PROPERTY, PLANT AND EQUIPMENT (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 436,277	$ 471,559

ACCOUNT RECEIVABLE AND OTHER RE

ACCOUNT RECEIVABLE AND OTHER RECEIVABLES (Details) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Accounts Receivable And Other Receivables
Accounts receivable	$ 118,860
Other receivable	83,805	79,221
Total	$ 202,665	$ 79,221

INVENTORIES (Details)

INVENTORIES (Details) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Inventory Disclosure [Abstract]
Raw materials	$ 585,787	$ 1,516,634
Finished goods
Work in progress - compost	88,774	90,326
- growing mushrooms	43,652	44,416
Total	$ 718,213	$ 1,651,376

INTANGIBLE ASSETS (Details)

INTANGIBLE ASSETS (Details) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Subtotal	$ 3,285,287	$ 3,342,733
Less: Accumulated amortization	(269,284)	(256,827)
Total	3,016,003	3,085,906
Land Use Right [Member]
Finite-Lived Intangible Assets [Line Items]
Subtotal	3,270,794	3,327,987
Computer Software, Intangible Asset [Member]
Finite-Lived Intangible Assets [Line Items]
Subtotal	7,569	7,701
Patents [Member]
Finite-Lived Intangible Assets [Line Items]
Subtotal	$ 6,924	$ 7,045

INTANGIBLE ASSETS (Details Narr

INTANGIBLE ASSETS (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expenses	$ 17,017	$ 17,464

BANK LOANS (Details)

BANK LOANS (Details) - USD ($)		3 Months Ended	12 Months Ended
		Mar. 31, 2024	Dec. 31, 2023
Short-Term Debt [Line Items]
Short-term bank loans		$ 7,201,019	$ 6,909,229
Agricultural Bank of China Funan Branch [Member]
Short-Term Debt [Line Items]
Short-term bank loans		$ 830,887	$ 845,416
Interest rate		3.70%	3.70%
Due date		Apr. 10, 2024	Apr. 10, 2024
Anhui Funan Rural Commercial Bank [Member]
Short-Term Debt [Line Items]
Short-term bank loans		$ 1,938,736	$ 1,972,637
Interest rate		5.90%	5.90%
Due date		Dec. 22, 2024	Dec. 22, 2024
Anhui Funan Rural Commercial Bank One [Member]
Short-Term Debt [Line Items]
Short-term bank loans		$ 1,384,811	$ 1,409,026
Interest rate		5.60%	5.90%
Due date		Mar. 28, 2025	Mar. 28, 2024
Anhui Funan Rural Commercial Bank Two [Member]
Short-Term Debt [Line Items]
Short-term bank loans		$ 830,887	$ 845,416
Interest rate		5.90%	5.90%
Due date		Jan. 25, 2025	Jan. 25, 2024
Industrial and Commercial Bank of China, Funan [Member]
Short-Term Debt [Line Items]
Short-term bank loans	[1]	$ 692,406	$ 704,513
Interest rate	[1]	3.45%	3.45%
Due date	[1]	Oct. 12, 2024	Oct. 12, 2024
Industrial And Commercial Bank Of China Funan One [Member]
Short-Term Debt [Line Items]
Short-term bank loans	[2]	$ 415,443
Interest rate	[2]	3.45%
Due date	[2]	Mar. 24, 2025
Bank of China Funan Branch [Member]
Short-Term Debt [Line Items]
Short-term bank loans		$ 1,107,849	$ 1,127,221
Interest rate		3.60%	3.60%
Due date		Mar. 15, 2025	Mar. 15, 2025
[1]The loans from Bank of China were pledged by fixed assets as of March 31, 2024 and December 31, 2023, respectively.[2]The loans from Industrial and Commercial Bank of China, Funan branch were pledged by fixed assets as of March 31, 2024.

ACCRUED EXPENSES AND OTHER CU_3

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Details) - USD ($)		Mar. 31, 2024	Dec. 31, 2023
Short-Term Debt [Line Items]
Advances from customers		$ 34,498	$ 63,867
Salary payable		140,444	181,950
Tax payable		14,662	16,131
Other payables	[1]	2,187,699	2,050,824
Total		2,377,303	2,312,772
Funan Agricultural Investment Co.Ltd [Member]
Short-Term Debt [Line Items]
Other payables		276,962	281,805
Funan Small Business Financing Service Center [Member]
Short-Term Debt [Line Items]
Other payables		$ 1,384,811	$ 1,409,026
[1]Other payable was primarily comprised of loans from non-bank institutions. Loans were including $ 276,962 281,805 1,384,811 1,409,026

VALUE ADDED TAX RECEIVABLE (Det

VALUE ADDED TAX RECEIVABLE (Details Narrative) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Value Added Tax Receivable
Value added tax receivable	$ 2,190,735	$ 2,211,980

ASSET ACQUISITION (Details Narr

ASSET ACQUISITION (Details Narrative)	3 Months Ended
	Mar. 31, 2024 USD ($)	Mar. 31, 2024 CNY (¥)
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Equity instrument consideration, rate	100%	100%
Payment to shareholders	$ 2,151,383	¥ 14,840,028
Monthly payment	$ 25,612	¥ 176,667

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative) ¥ in Thousands	Dec. 02, 2022 USD ($)	Nov. 10, 2022 USD ($)	Sep. 03, 2021 USD ($)	Jan. 05, 2022 USD ($)	Jan. 05, 2022 CNY (¥)
Zhihua [Member]
Schedule of Investments [Line Items]
Unpaid contractual price			$ 48,744
Loss contingency, damages value			26,095
Loss contingency, damages paid, value			$ 26,095
AUFP [Member]
Schedule of Investments [Line Items]
Loss contingency, damages paid, value		$ 50,740
Loss contingency lawsuit filing	$ 66,066	$ 60,147
AUFP [Member]
Schedule of Investments [Line Items]
Principal amount				$ 115,000,000	¥ 18,090

RELATED PARTY TRANSACTION (Deta

RELATED PARTY TRANSACTION (Details Narrative) - Mr Zhi Yang [Member]	1 Months Ended
	Oct. 22, 2022 USD ($) shares
Related Party Transaction [Line Items]
Common Stock, Shares Subscribed but Unissued	12,000,000
Stock Repurchased and Retired During Period, Value | $	$ 30,000
Stock Repurchased and Retired During Period, Shares	12,000,000
[custom:DateOfPayment]	Feb. 05, 2024

DEFERRED INCOME (Details Narrat

DEFERRED INCOME (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Deferred income	$ 1,293,031		$ 1,355,552
Government Grants [Member]
Deferred income, revenue recognized	94,348	$ 69,169
Asset Based Grants [Member]
Deferred income, revenue recognized	94,348	41,399
Income Based Grants [Member]
Deferred income, revenue recognized	$ 0	$ 27,770

INCOME TAXES (Details)

INCOME TAXES (Details)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Tax Disclosure [Abstract]
US federal statutory rates	(21.00%)	(21.00%)
Tax rate difference between PRC and U.S.	(4.00%)	(4.00%)
Effect of income tax exemption on certain income	(2.00%)	(24.00%)
Change in valuation allowance	27%	49%
Effective tax rate

INCOME TAXES (Details 1)

INCOME TAXES (Details 1) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Tax Disclosure [Abstract]
Income tax expense - current
Income tax benefit -deferred	(173,589)	(128,384)
Increase in valuation allowance	173,589	128,384
Total income tax expense

INCOME TAXES (Details 2)

INCOME TAXES (Details 2) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Net operating loss	$ (2,704,733)	$ (2,531,144)
Less: valuation allowance	2,704,733	2,531,144
Net deferred tax asset

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Income tax	$ 72,822	$ 344,686
Tax break	15,293	$ 72,384
Uncertain tax positions	0		$ 0
UNITED STATES
Operating loss carryforwards	177,203		193,010
CHINA
Operating loss carryforwards	$ 10,461,994		$ 9,619,491

EQUITY (Details Narrative)

EQUITY (Details Narrative) - $ / shares	Mar. 31, 2024	Dec. 31, 2023
Equity [Abstract]
Common stock, shares authorized	65,000,000	65,000,000
Common stock, par value per share	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, par value per share	$ 0.001	$ 0.001
Common stock, shares issued	25,899,468	25,899,468
Common stock, shares outstanding	25,899,468	25,899,468
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative)	May 08, 2024 shares
Subsequent Events
Number of common stock transferred	14,000,000