20.       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 consolidated financial statements are issued, the Company has evaluated all events or transactions that occurred after December 31, 2025, up through the date the Company issued the consolidated financial statements. The Company had no material recognizable subsequent events since December 31, 2025, except as noted below:

On January 2, 2026, the Company entered into Stock Purchase Agreements with Kwok Ho Luen and Chan So Yin which each agreed to purchase $150,000 and $200,000 of the Company’s Common Stock, respectively, at the market price of $0.0308 per share, representing 4,870,130 and 6,493,507 shares of the Company’s common stock, respectively.

On January 15, 2026, the Company issued 15,816,576 shares of common stock to settle construction payable in full.