v3.25.2
Related Party Transactions
 6 Months Ended
Apr. 30, 2025
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

NOTE 12 — RELATED PARTY TRANSACTIONS

 

The Company had transactions with the following related parties:

 

Name of Related Party   Nature of Relationship
Guozhen Liu   Limited partner of Changxin International Limited Partnership, executive director and legal representative of Park Ha Shanghai, supervisor of XinZhan, parent of Xiaoqiu Zhang
Fujun Yu   Executive director, legal representative of Park Ha Jiangsu, supervisor of Park Ha Shanghai
Hengquan Zhang   Supervisor of Park Ha Jiangsu, parent of Xiaoqiu Zhang
Xiaoqiu Zhang   CEO, Chairperson of the board of directors, controlling shareholder of Park Ha Cayman

 

Due from related party

 

The Company made advances to Ms. Xiaoqiu Zhang for working capital to be paid on behalf of the Company. The balance due from Ms. Xiaoqiu Zhang was $nil and $14,339 as of April 30, 2025 and October 31, 2024, respectively.

 

The Company made advances to Mr. Hengquan Zhang for working capital to be paid on behalf of the Company. The balance due from Mr. Hengquan Zhang was $34 and $nil as of April 30, 2025 and October 31, 2024, respectively.

 

Due to related party

 

The Company received advances from Ms. Xiaoqiu Zhang as working capital. The balance due to Ms. Xiaoqiu Zhang was $7,460 and $nil as of April 30, 2025 and October 31, 2024, respectively.

 

The amounts due from related party and due to related party above are non-interest bearing, without maturity and due on demand.