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CONTINGENCY
12 Months Ended
Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
CONTINGENCY

NOTE 13 – CONTINGENCY

 

On September 28, 2022, the Company consummated an office suite purchase agreement with a third party. Pursuant to the agreement, the Company issued 2,651,780 common stocks of the Company to purchase a 118-square-meter office suite located in Hangzhou City, Zhejiang Province, China. Upon closing of the office suite purchase agreement as described above, Hangzhou Wenyuan agreed to act as a guarantor for the liability owing by the third party to a creditor in the amount of $264,071 (RMB 1,900,000) associated with the office suite. During the year ended December 31, 2024, the Company was sued by the creditor due to the default by the third party. On October 22, 2024, The Shangcheng District People’s Court of Hangzhou City, Zhejiang Province, ruled that Hangzhou Wenyuan is required to pay the creditor a total amount of approximately $264,071 (RMB 1,900,000). At the same time, the third party is jointly liable for repayment. After the company’s management team evaluated the situation and considering the current progress of the lawsuit, the Company has recognized a litigation loss of $264,071. During the year ended December 31, 2025, the Company loss control over the office suite due to the enforced legal auction for this litigation liability, resulting in other income in the amount of $35,426.