v3.26.1
Note 19 - Condensed financial information of the parent company: Condensed Balance Sheet (Tables)
12 Months Ended
Dec. 31, 2025
Parent Company  
Condensed Balance Sheet

 

 

As of

December 31,

2025

 

 

As of

December 31,

2024

 

 

 

 

 

 

ASSETS

 

 

 

 

 

 

 

CURRENT ASSETS

 

 

 

 

 

 

 

   Cash

 

$

159,663  

 

 

$

2,057,850  

   Restricted cash

 

 

 

 

 

 

503,544  

   Prepayments, net

 

 

 

 

 

 

23,625  

   Other receivables and other current assets, net

 

 

 

 

 

 

16,000  

   Loans to subsidiaries

 

 

1,730,000  

 

 

 

31,198  

Total current assets

 

 

1,889,663  

 

 

 

2,632,217  

 

 

 

 

 

 

 

 

OTHER ASSETS

 

 

 

 

 

 

 

Investment in subsidiary

 

 

16,479,643  

 

 

 

14,791,659  

Total non-current assets

 

 

16,479,643  

 

 

 

14,791,659  

 

 

 

 

 

 

 

 

Total assets

 

 

18,369,306  

 

 

 

17,423,876  

 

 

 

 

 

 

 

 

LIABILITIES AND SHAREHOLDERS’ EQUITY

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

COMMITMENTS AND CONTINGENCIES

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SHAREHOLDERS’ EQUITY

 

 

 

 

 

 

 

Class A ordinary shares, $0.0001 par value, 100,000,000 shares authorized, 11,793,485 and 10,440,000 shares issued and outstanding as of December 31, 2024 and 2023, respectively

 

 

1,179  

 

 

 

1,179  

Class B ordinary shares, $0.0001 par value, 100,000,000 shares authorized, 4,560,000 shares issued and outstanding as of December 31, 2024 and 2023

 

 

456  

 

 

 

456  

Additional paid-in capital

 

 

3,103,802  

 

 

 

3,135,124  

Retained earnings

 

 

15,285,889  

 

 

 

15,299,304  

Accumulated other comprehensive loss

 

 

(22,020) 

 

 

 

(1,012,187) 

Total shareholders’ equity

 

 

18,369,306  

 

 

 

17,423,876  

 

 

 

 

 

 

 

 

Total liabilities and shareholders’ equity

 

$

18,369,306  

 

 

$

17,423,876