| SCHEDULE OF RELATED PARTY TRANSACTIONS |
As
of March 31, 2026, the Company had the following major related party transactions:
SCHEDULE
OF RELATED PARTY TRANSACTIONS
| Name of related parties | |
Relationship with Company |
| Wanhai Liu | |
Shareholder of Xilin Online (Beijing) E-commerce Co., Ltd |
| Tianyong Lv | |
Manager of Xilin Online (Beijing) E-commerce Co., Ltd |
| Shengqing Li | |
Manager of Shenzhen Zhimeng Qiyang Technology Co., Ltd. |
| Hongfang Xie | |
Shareholder of Shanghai Huomao Cultural Development Co., Ltd. |
| Wenlong Tong | |
President of CIMG Inc. |
| Wenwen Yu | |
Director of Wewin Technology LLC |
| Yujie Liu | |
The shareholders of CIMG |
| Yanli Hou | |
Director of CIMG Inc. |
(a)
Significant transactions with related parties
| Name of related parties | |
Related party transactions | |
Six months ended
March 31, 2026 | |
| Shengqing Li | |
Loan advanced to Shenzhen Zhimeng Qiyang Technology Co., Ltd. | |
$ | 9,890 | |
| Hongfang Xie | |
Loan advanced to Shanghai Huomao Cultural Development Co., Ltd. | |
| 9,043 | |
| Hongfang Xie | |
Loan advanced to Guizhou Zhutai Huomao Liquor Industry Co., Ltd. | |
| 4,593 | |
| Wenwen Yu | |
Loan advanced to CIMG Inc. | |
| 15,000 | |
| Wenlong Tong | |
Loan advanced from Zhongyan Shangyue Technology Co., Ltd | |
| 18,661 | |
| Wenwen Yu | |
Loan advanced from Wewin Technology LLC. | |
| (66,207 | ) |
Nature
of Related Party Transactions
As
of March 31, 2026, the Company and its subsidiaries entered into certain transactions with related parties in the ordinary course of
business. These transactions primarily consisted of advances made by related parties to settle operating and administrative expenses
on behalf of the Company’s subsidiaries, as well as financing arrangements entered into with related parties.
Except
as otherwise disclosed, all advances from or to related parties were unsecured, non-interest bearing, and had no fixed repayment terms.
Management believes that the terms of these transactions are not materially different from those that could have been obtained from independent
third parties under similar circumstances.
(b)
Balances with related parties
| | |
March 31, 2026 | |
| Wenwen Yu | |
$ | 140,001 | |
| Yanli Hou | |
| 35,535 | |
| Total amounts due from related parties | |
| 175,536 | |
| | |
| | |
| Shengqing Li | |
$ | 195,656 | |
| Hongfang Xie | |
| 14,329 | |
| Wenwen Yu | |
| 15,000 | |
| Yujie Liu | |
| 99,385 | |
| Dada Business Trading Co., Limited | |
| 651,103 | |
| YY Tech Inc. | |
| 217,018 | |
| Wenlong Tong | |
| 149 | |
| Yanli Hou | |
| 591 | |
| Xujia Liu | |
| 60,000 | |
| VMADE CO.,LIMITED | |
| 225,000 | |
| DYT INFO PTE. LTD. | |
| 220,000 | |
| RR Digital Tech Ltd. | |
| 37,000 | |
| Joyer investment Limited | |
| 233,437 | |
| Total amounts due to related parties | |
| 1,968,668 | |
|
During the years ended September 30, 2025 and 2024, respectively, other than disclosed elsewhere, the Company
had the following major related party transactions:
SCHEDULE
OF RELATED PARTY TRANSACTIONS
| Name
of related parties | |
Relationship with
Company |
| Wanhai
Liu | |
Stockholder
of Xilin Online (Beijing) E-commerce Co., Ltd |
| Tianyong
Lv | |
Manager
of Xilin Online (Beijing) E-commerce Co., Ltd |
| Shengqing
Li | |
Manager
of Shenzhen Zhimeng Qiyang Technology Co., Ltd. |
| Hongfang
Xie | |
Stockholder
of Shanghai Huomao Cultural Development Co., Ltd. |
| Wenlong
Tong | |
President
of CIMG Inc. |
| Wenwen
Yu | |
Director
of Wewin Technology LLC |
Metaverse
Intelligence Tech Ltd. | |
An
entity whose owner is a director of Wewin Technology LLC |
(a)
Significant transactions with related parties
| Name of related parties | |
Related party transactions | |
Year Ended
September 30,
2025 | | |
Year Ended
September 30,
2024 | |
| Wanhai Liu | |
Loan advanced to Xilin Online (Beijing) E-commerce Co., Ltd | |
$ | 12,262 | | |
$ | - | |
| Tianyong Lv | |
Loan advanced to Xilin Online (Beijing) E-commerce Co., Ltd | |
| 12,754 | | |
| - | |
| Shengqing Li | |
Loan advanced to Shenzhen Zhimeng Qiyang Technology Co., Ltd. | |
| 185,765 | | |
| - | |
| Hongfang Xie | |
Loan advanced to Shanghai Huomao Cultural Development Co., Ltd. | |
| 56 | | |
| - | |
| Hongfang Xie | |
Loan advanced to Guizhou Zhutai Huomao Liquor Industry Co., Ltd. | |
| 637 | | |
| - | |
| Wenlong Tong | |
Loan advanced from Zhongyan Shangyue Technology Co., Ltd | |
| (18,662 | ) | |
| - | |
| Wenwen Yu | |
Loan
advanced from Wewin Technology LLC. | |
| (73,795 | ) | |
| 7,500 | |
| Metaverse Intelligence Tech Ltd | |
Convertible
notes with CIMG INC | |
| 3,693,041 | | |
| 300,000 | |
Nature of Related Party
Transactions
During the years ended September 30, 2025 and 2024,
the Company and its subsidiaries entered into certain transactions with related parties in the ordinary course of business. These transactions
primarily consisted of advances made by related parties to settle operating and administrative expenses on behalf of the Company’s
subsidiaries, as well as financing arrangements entered into with related parties.
Except as otherwise disclosed, all advances from or to related parties were unsecured, non-interest bearing, and
had no fixed repayment terms. Management believes that the terms of these transactions are not materially different from those that could
have been obtained from independent third parties under similar circumstances.
(b)
Balances with related parties
| | |
2025 | | |
2024 | |
| | |
September 30, | |
| | |
2025 | | |
2024 | |
| Wenlong Tong | |
$ | 18,662 | | |
$ | - | |
| Wenwen Yu | |
| 73,795 | | |
| - | |
| Total amounts due from related parties | |
| 92,457 | | |
| - | |
| | |
| | | |
| | |
| Wanhai Liu | |
$ | 12,263 | | |
$ | - | |
| Tianyong Lv | |
| 12,754 | | |
| - | |
| Shengqing Li | |
| 185,765 | | |
| - | |
| Hongfang Xie | |
| 693 | | |
| - | |
| Wenwen Yu | |
| - | | |
| 7,500 | |
| Total amounts due to related parties | |
| 211,475 | | |
| 7,500 | |
| | |
| | | |
| | |
| Metaverse Intelligence Tech Ltd. | |
$ | 3,693,041 | | |
$ | 319,220 | |
| Conversion to common stock | |
| (1,855,000 | ) | |
| - | |
| Total convertible notes – related party | |
| 1,838,041 | | |
| 319,220 | |
|