v3.26.3
Long-term investments (Tables)
6 Months Ended
Mar. 31, 2026
Long-term investments, net  
Schedule of long-term investments

 

 

As of

 

 

As of

 

 

 

March 31,

 

 

September 30,

 

Equity investment accounted for using the equity method

 

2026

 

 

2025

 

 

 

(unaudited)

 

 

(audited)

 

Equity investment at cost

 

$40,913,370

 

 

$40,913,370

 

Accumulated losses from equity method investment

 

 

(919,017)

 

 

(308,681)

Long-term investments, net

 

$39,994,353

 

 

$40,604,689

 

Schedule of movement of equity investment

 

 

For the Six

 

 

For the

 

 

 

Months Ended

 

 

Year Ended

 

 

 

March 31,

 

 

September 30,

 

 

 

2026

 

 

2025

 

 

 

(unaudited)

 

 

(audited)

 

Balance, beginning of the period

 

$40,604,689

 

 

 

-

 

Investment in Ynong International Group Limited

 

 

-

 

 

 

40,913,370

 

Loss from equity method investment

 

 

(610,336)

 

 

(308,681)

Balance, end of the period

 

$39,994,353

 

 

$40,604,689

 

Schedule of financial information of the investee

 

 

Amount

 

 

 

(USD)

 

Total assets

 

$108,232,534

 

Total liabilities

 

$689,789

 

Total equity

 

$108,232,534

 

Total revenue

 

 

-

 

Total expenses

 

$(1,088,405)

Total net loss

 

$(1,088,405)