Note 18 – Subsequent Events

The following subsequent events were evaluated on June 12, 2026, the date the financial statements were issued.

During the period from January 1, 2026 to June 12, 2026, the Company withdrew additional $634,237 (RMB 4,435,280) from the loan mentioned in Note 10. The maturity date of the loan is 12 months, with an interest rate of 2.65% per annum.

On March 27, 2026, the Company obtained a loan from Bank of China of $1,429,981 (RMB 10,000,000), which is guaranteed by Hong Wan. The loan bears an interest rate of 2.24% per annum and matures on March 26, 2027.

On March 16, 2026, the Company entered into a borrowing agreement with a third party, pursuant to which the Company provides a loan facility of $4,289,943 (RMB 30,000,000) to the third party. As of June 12, 2026, the balance of loan lent to the third party is $4,146,945 (RMB 29,000,000).

On April 10, 2026, the Company entered into a borrowing agreement with a third party, pursuant to which the Company provides a loan facility of $714,990 (RMB 5,000,000) to the third party. As of June 12, 2026, the balance of loan lent to the third party is $571,993 (RMB 4,000,000).