v3.25.2
Related Party Transactions and Balances
6 Months Ended
Jun. 30, 2025
Related Party Transactions [Abstract]  
Related party transactions and balances
11.Related party transactions and balances

 

The table below sets forth the major related parties and their relationships with the Company as of and for the six months ended June 30, 2025 and 2024:

 

Name of related parties   Relationship with the Company
Mr. Ya Li   Chief Executive Officer, Chairman of the Board

 

i)Significant balances with related parties were as follows:

  

   As of
June 30,
2025
   As of
December 31,
2024
 
   In thousands of USD 
Due to the related parties        
Ya Li  $78   $866 
Total  $78   $866 

 

Balances due to Quanzhou school and Ya Li are the result of the normal business transactions stated above. The balances were all unsecured, non-interest bearing and payable on demand.