v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Sep. 30, 2025
Accounting Policies [Abstract]  
SCHEDULE OF FOREIGN CURRENCY TRANSLATION

 

   September 30,   September 30,   Year Ended September 30, 
   2025   2024   2025   2024   2023 
Foreign currency  Balance Sheet   Balance Sheet   Profits/Loss   Profits/Loss   Profits/Loss 
RMB:1USD                  7.1055                 7.0074    7.1628    7.1178    7.0329 
SCHEDULE OF ESTIMATED USEFUL LIFE

Estimated useful lives are as follows:

 

Category   Estimated useful lives
Office equipment   3-5 years
Vehicle   4 years
Machine and equipment   5-10 years
SCHEDULE OF AMORTIZATION OF INTANGIBLE ASSETS

 

Category   Estimated useful lives
Software   10 years
SCHEDULE OF FAIR VALUE MEASUREMENT ON RECURRING BASIS

       Quoted   Significant   Significant 
       Prices in   Other   Other 
   As of   Active   Observable   Unobservable 
   September 30   Markets   Inputs   Inputs 
   2025   (Level 1)   (Level 2)   (Level 3) 
Trading securities  $     14,446,867   $3,098,972   $11,347,895   $      - 
Held-to-maturity securities   4,233,204    -    4,233,204    - 
Total  $18,680,071   $3,098,972   $15,581,099   $- 

 

       Quoted   Significant   Significant 
       Prices in   Other   Other 
   As of   Active   Observable   Unobservable 
   September 30   Markets   Inputs   Inputs 
   2024   (Level 1)   (Level 2)   (Level 3) 
Trading securities  $     17,850,648   $1,082,163   $16,768,485   $        - 
Total  $17,850,648   $1,082,163   $16,768,485   $- 
SCHEDULE OF BREAKDOWN OF REVENUES

The following table sets forth the breakdown of our revenues for the years ended September 30, 2025, 2024, and 2023:

 

   2025   2024   2023 
   Amount   %   Amount   %   Amount   % 
Sales of clean-energy equipment  $22,073,207    45.7   $33,816,111    49.0   $39,581,383    54.1 
Sales of digitalization and integration equipment   2,731,568    5.7    3,081,230    4.5    3,364,644    4.6 
Sales of new energy   19,536,237    40.4    25,822,344    37.4    23,204,437    31.8 
Delivery of oil and gas engineering technical services   3,994,541    8.2    6,353,689    9.1    6,933,984    9.5 
Total  $48,335,553    100.0   $69,073,374    100.0   $73,084,448    100.0 
SCHEDULE OF CONCENTRATIONS

Details of customers accounting for 10% or more of the Company’s total revenues are as follows:

 

   Years Ended September 30, 
   2025   2024   2023 
Customer A  $10,751,899    22.2%  $14,822,587    21.5%  $-*    * 
Customer B   6,245,427    12.9%   11,050,583    16.0%   13,411,753    18.4%
Customer C   *    *    *    *    12,721,498    17.4%
Customer D   *    *    *    *    10,931,425    15.0%
Total  $16,997,326    35.1%  $25,873,170    37.5%  $37,064,676    50.8%

 

Details of customers which accounted for 10% or more of the Company’s accounts receivable are as follows:

 

   As of September 30, 
   2025   2024 
Customer B  $4,650,537    19.9%  $5,934,248    22.3%
Customer E   4,306,546    18.4%   

-*

    -* 
Total  $8,957,083    38.3%  $5,934,248    22.3%

 

Details of vendors from which purchases are greater than 10% of the total purchases of the Company are as follows: No vendor accounted for 10% or more of the Company’s total purchases for the year ended September 30, 2023.

 

   Years Ended September 30, 
   2025   2024   2023 
Vendor A  $4,601,010    11.6%  $8,502,784    16.0%  $*    * 
Vendor B    *    *    6,093,172    11.3%   *    * 
Total  $4,601,010    11.6%  $14,595,956    27.3%  $-    - 

 

 

Details of the vendors which accounted for 10% or more of the Company’s accounts payable are as follows:

 

   As of September 30, 
   2025   2024 
Vendor C  $3,600,703    47.8%  $*    * 
Total  $3,600,703    47.8%  $-    - 

 

*Less than 10% of the total amount