| Schedule of Loans and Borrowings |
| | | Annual Interest Rate | | | Maturity (Months) | | As of December 31, 2024 | | | As of December 31, 2025 | | | | | | | | | | | | | | | | Short-term borrowings: | | | | | | | | | | | | | | | | China CITIC Bank | | | 3.75 | % | | September, 2026 | | | 24,000,000 | | | | 24,000,000 | | | Bank of Ningbo | | | 3.90 | % | | October, 2026 | | | 10,000,000 | | | | 10,000,000 | | | Bank of Ningbo | | | 3.90 | % | | November, 2026 | | | 20,000,000 | | | | 10,000,000 | | | Bank of Ningbo | | | 3.90 | % | | January, 2026 | | | 10,000,000 | | | | 10,000,000 | | | Bank of Ningbo | | | 3.90 | % | | December, 2026 | | | 10,000,000 | | | | 20,000,000 | | | Rural Commercial Bank | | | 4.00 | % | | November, 2026 | | | 10,000,000 | | | | 10,000,000 | | | Total | | | | | | | | | 84,000,000 | | | | 84,000,000 | |
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