v3.26.3
RELATED PARTY TRANSACTIONS AND BALANCES
6 Months Ended
Jun. 30, 2026
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS AND BALANCES

14. RELATED PARTY TRANSACTIONS AND BALANCES

 

The following is a list of related parties which the Company had transactions with during the six months ended June 30, 2026 and 2025:

 

  Name   Relationship
(a) Huiyan Xie   COO of the Company/15.00% of votes of the Company
(b) Huajian Xu   CEO of the Company/72.44% of votes of the Company

 

Amounts due to related parties

 

As of June 30, 2026 and December 31, 2025, amounts due to related parties, consisted of the following:

 

   December 31, 2025   Borrowed   Repaid    Exchange Rate Translation   Set-off of Debts   Disposal of Subsidiaries   June 30, 2026 
Amounts due to related parties                                   
(a) Huiyan Xie   990    1,601,738    (572,689)   96    (976,335)   -    53,800 
(b) Huajian Xu   37,574    76,045    (3,532)   (262)   -    -    109,825 
Total amounts due to related parties  $38,564   $1,677,783   $(576,221)  $(166)  $(976,335)  $-   $163,625 

 

Both balances represented interest-free loans payable to shareholders.