| Schedule of Accrued Liabilities and Other Liabilities |
Accrued liabilities and other liabilities
consisted of the following:
| | |
As of December 31, | |
| | |
2024 | | |
2025 | |
| Payables
to third parties (1) | |
| 2,679,350 | | |
| 7,238,177 | |
| Deposits
related to the Group staff apartment sales (2) | |
| 3,290,500 | | |
| 2,545,060 | |
| Deposits | |
| 856,790 | | |
| 813,680 | |
| Interests payable | |
| 153,951 | | |
| 130,189 | |
| Leasehold improvement payables | |
| 50,000 | | |
| 50,000 | |
| Others | |
| 459,178 | | |
| 303,903 | |
| Total | |
| 7,489,769 | | |
| 11,081,009 | |
| (1) | Payables to third parties consisted of: |
| | (i) | loans from third party for daily operational purposes which is non-interest bearing, unsecured and repayable on demand as of December 31, 2025, and |
| | (ii) | miscellaneous fee collected on behalf of Hainan Advanced Technical School of Communications and insurance fees collected on behalf of the students as of December 31, 2025. |
| (2) | Deposit prepaid to the Group for intention of purchasing the Group’s staff apartments which can be freely withdrawn before final approval of the ownership transfer. |
|