v3.25.2
Short-Term and Long-Term Borrowings (Tables)
6 Months Ended
Mar. 31, 2025
Short-Term Debt [Line Items]  
Schedule of Short-Term and Long-Term Borrowings

Short-term and long-term borrowings consisted of the following as of March 31, 2025 and September 30, 2024:

 

   March 31,
2025
   September 30,
2024
 
Short-term borrowings  $2,492,833   $1,249,765 
Long-term borrowings          
Current portion  $5,512   $
-
 
Non-current portion   2,750,562    
-
 
Total long-term borrowings  $2,756,074   $
-
 
Schedule of Long-term Borrowings

Long-term borrowings consisted of the following at March 31, 2025:

 

Bank Name  Amount - RMB  Amount - USD   Issuance Date  Expiration Date  Interest
Agricultural Bank   10,000,000   $1,378,037   03/20/2025  03/19/2028  2.40%
Agricultural Bank   10,000,000    1,378,037   03/28/2025  03/27/2028  2.45%
Total  RMB20,000,000   $2,756,074       
Schedule of Maturity Analysis of Long Term Borrowings

The following is a maturity analysis of long-term borrowings as of March 31, 2025:

 

   RMB   USD 
Years ending March 31,        
2026   40,000    5,512 
2027   40,000    5,512 
2028   19,920,000    2,745,050 
2029   
-
    
-
 
2030 and thereafter   
-
    
-
 
Total   20,000,000    2,756,074 
Schedule of Bank Borrowings

The Company’s short-term and long-term bank borrowings are pledged by its assets as listed below:

 

   March 31, 2025   September 30,
2024
 
Buildings, net  $23,989   $23,860 
Land use right, net   408,228    414,738 
Total  $432,217   $438,598