v3.25.2
Accrued Liabilities and Other Payables
 6 Months Ended
Jun. 30, 2025
Accrued Liabilities and Other Payables [Abstract]  
Accrued Liabilities and Other Payables

8. Accrued Liabilities and Other Payables

 

Accrued liabilities and other payables mainly consisted of the following:

 

   As of
June 30,
2025 (Unaudited)		   As of
December 31,
2024		 
Deposits  $302,732   $319,579 
Accrued expenses   862,076    943,319 
Salary payable   733,013    661,972 
Others   26,647    132,995 
Total  $1,924,468   $2,057,865 

 

As of June 30, 2025, accrued expenses mainly included accrued professional fee of $470,096, and accrued penalty expense $391,980 for violation of agreement with China Post Zhongshan branch.

 

As of December 31, 2024, accrued expenses mainly included accrued professional fee of $540,000, and accrued penalty expense $380,000  for violation of agreement with China Post Zhongshan branch. The Company outsourced the jobs received from China Post Zhongshan branch to a third-party company, which was prohibited by the contract term and 20% of the service fee will be assessed to the Company for the violation. The Company entered into three outsourcing service agreements with China Post Zhongshan branch. Pursuant to the contractual provisions, a penalty was accrued in an amount equal to 20% of the actual service fees received in 2024. All three agreements expired and were terminated as of February 28, 2025.