	As of March 31,			As of December 31,
	2025			2024
	(Unaudited)
Cash		-			-
Amounts due from subsidiaries		6,554,838			4,422,688
Total current assets		6,554,838			4,422,688
All other non-current assets		-			-
Interests in a subsidiary		9,939,380			9,452,997
Total Assets		16,494,218			13,875,685

Liabilities and Stockholders’ Deficit
All other current liabilities		329,795			358,626
Amounts due to subsidiaries		12,253,474			10,881,994
Total current liabilities		12,583,269			11,240,620
Non-current liabilities		-			35,892
Total Liabilities		12,583,269			11,276,512

Stockholders’ Equity (Deficit)
Preferred stock – Series A, $0.001 par value, 100,000,000 shares authorized, 10,000,000 shares issued and outstanding as of March 31, 202 5 and December 31, 202 4		5,000			5,000
Common stock, $0.001 par value, 400,000,000 shares authorized, 95,464,000 shares issued and outstanding as of March 31, 2025 and 55,464,000 shares issued and outstanding as of December 31, 2024		95,464			55,464
Subscription receivable		(6,175,850	)		(1,375,000	)
Additional Paid-in Capital		23,580,165			15,487,165
		(2,110,500	)		(2,927,250	)
Retained earnings (accumulated deficit)		(12,324,547	)		(9,693,818	)
Accumulated other comprehensive income (loss)		841,217			1,047,612
Total Stockholders’ Equity (Deficit)		3,910,949			2,599,173
Total Liabilities and Stockholders’ Deficit		16,494,218			13,875,685

	For the three months ended March 31,			For the three months ended March 31,
	2025			2024
	(Unaudited)
Revenue		-			-
Cost or revenues		-			-
Operating expenses		708,858			372,865
Income taxes		-			-
Income (loss) – Parent only		(708,858	)		(372,865	)
Income (loss) – Subsidiaries with unrestricted net assets		(1,162,876	)		577,523
(Loss) – Subsidiaries with restricted net assets		(686,994	)		(144,623	)
Net (loss) income – Consolidated		(2,630,728	)		60,035

	For the three months ended March 31,			For the three months ended March 31,
	2025			2024
	(Unaudited)
Cash (used in) provided by operating activities		(780,858	)		528,867
Cash (used in) provided by investing activities
Cash (used in) provided by financing activities		780,858			(528,495	)
Effect of exchange rates on cash		-			-
Net cash flows		-			372
Beginning cash balance		-			370
Ending cash balance		-			742

The condensed financial information reflects the accounts of the Company. The condensed financial information should be read in connection with the consolidated financial statements and notes thereto. The condensed financial information is presented as if the incorporation of the Company were in effect since January 1, 2020.

Schedule I of Rule 5-04 of Regulation S-X requires the condensed financial information of registrant shall be filed when the restricted net assets of consolidated subsidiaries exceed 25 percent of consolidated net assets as of the end of the most recently completed fiscal year. For purposes of the above test, restricted net assets of consolidated subsidiaries shall mean that amount of the registrant’s proportionate share of net assets of consolidated subsidiaries (after intercompany eliminations) which as of the end of the most recent fiscal year may not be transferred to the parent company by subsidiaries in the form of loans, advances or cash dividends without the consent of a third party (i.e., lender, regulatory agency, foreign government, etc.). The Company’s only assets are its equity interests in its subsidiaries. Unrestricted net assets are held in the Company’s subsidiaries located in the US and Hong Kong. The Company does maintain substantial assets and operating subsidiaries in China; therefore, the ability for operating subsidiaries to pay dividends or transfer assets to the Company may be restricted due to the foreign exchange control policies and availability of cash balances of the Chinese operating subsidiaries.

As of March 31, 2024, there were no material contingencies, significant provisions of long-term obligations, mandatory dividend or redemption requirements of redeemable stocks or guarantees of the Company, except for those which have been separately disclosed in the Consolidated Financial Statements, if any.