Subsequent Events |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| Subsequent Events [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| SUBSEQUENT EVENTS | NOTE 19 – SUBSEQUENT EVENTS
In accordance with ASC Topic 855, “Subsequent Events”, which establishes general standards of accounting for and disclosure of events that occur after the balance sheet date but before the unaudited financial statements are issued. The Company has evaluated all events or transactions that occurred after March 31, 2025, up through August 6, 2025, the Company issued the unaudited consolidated financial statements and concluded that no other material subsequent events except for the disclosed below:
Bank borrowings
Borrowings repayment
From March 31, 2025 to the date the unaudited consolidated financial statements were available to be issued, the Company repaid part of its long-term borrowings of $2,756 (RMB 20,000).
New borrowings
As the date the unaudited audited consolidated financial statements were available to be issued, the Company has new bank borrowings in the amount of $1,378,037 (RMB 10,000,000) with interest rates at 2.50% as follows:
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