v3.26.1
Related party Transactions and Balances (Tables)
12 Months Ended
Dec. 31, 2025
Related Party Transactions [Abstract]  
Schedule of Major Related Parties and Their Relationships

The table below sets forth the major related parties and their relationships with the Company as of December 31, 2025, 2024 and 2023:

 

Name of related parties   Relationship with the Company
Jinjiang Xingminqi Accounting Vocational Training School (“Jinjiang School”)   A company controlled by the Company’s controlling shareholder
Quanzhou City Lichen Accounting Vocational Training School (“Quanzhou School”)   A company controlled by the Company’s controlling shareholder
Mr. Ya Li   Chief Executive Officer, Chairman of the Board
Schedule of Significant Transactions with Related Parties Significant transactions with related parties were as follows:
   For the years ended December 31, 
   2025   2024   2023 
Provision of marketing, operation and technical support services to Jinjiang School  $-   $-   $48 
Provision of marketing, operation and technical support services to Quanzhou School   -    -    60 
Processing of academic education applications to Jinjiang School   -    -    101 
Processing of academic education applications to Quanzhou School   -    -    107 
Sales of teaching and learning materials to Jinjiang School   -    -    74 
Sales of teaching and learning materials to Quanzhou School   -    -    49 
Online training to Jinjiang School   -    -    28 
Online training to Quanzhou School   -    -    16 
Total revenues – related parties  $-   $-   $483 
Schedule of Significant Balances with Related Parties Significant balances with related parties were as follows:
   As of December 31, 
   2025   2024 
   In thousands of USD 
Due to the related party        
Ya Li  $-   $866 
Total  $-   $866