| Related party transactions |
11. Related party transactions
The Group had the following balances with related
parties which consisted of the following:
| Names of the related parties |
|
Relationship with the Group |
| Lirong Liu |
|
Chairman of the Board |
| Conggang Chen |
|
The Vice Chairman of the Board |
| Minghui Liu |
|
The General Manager |
(a) Amounts due from related parties
| Schedule of amounts due from related parties | |
| | | |
| | | |
| | |
| | |
As of | |
| | |
March 31, | | |
September 30, | |
| | |
2025 | | |
2025 | |
| | |
RMB | | |
RMB | | |
US$ | |
| | |
(Audited) | | |
(Unaudited) | |
| Lirong Liu | |
| 1,339,000 | | |
| 449,000 | | |
| 63,071 | |
| | |
| 1,339,000 | | |
| 449,000 | | |
| 63,071 | |
(b) Amounts due to related parties
| Schedule of amount due to related parties | |
| | | |
| | | |
| | |
| | |
As of March 31, | |
| | |
March 31, | | |
September 30, | |
| | |
2025 | | |
2025 | |
| | |
RMB | | |
RMB | | |
US$ | |
| | |
(Audited) | | |
(Unaudited) | |
| Minghui Liu (i) | |
| 19,418,353 | | |
| 7,904,327 | | |
| 1,110,314 | |
| Conggang Chen | |
| 691,369 | | |
| 634,095 | | |
| 89,071 | |
| | |
| 20,109,722 | | |
| 8,538,422 | | |
| 1,199,385 | |
| (i) |
Minghui Liu provided the interest-free loans to the Group, which are repayable on demand based on Minghui Liu’s funding needs, to support the Group’s business operation. |
(c) Loans guaranteed by
principal shareholders of the Group
There was no loan guaranteed
by shareholders of the Group as of September 30, 2025 and March 31, 2025.
|
12.
Related party transactions
The Group had the following
balances with related parties which consisted of the following:
| Names of the related parties |
|
Relationship with the Group |
| Lirong Liu |
|
Chairman of the Board |
| Conggang Chen |
|
The Vice Chairman of the Board |
| Minghui Liu |
|
The General Manager |
(a) Amounts due from related
parties
| Schedule of amounts due from related parties | |
| | |
| | |
| |
| | |
As of March 31, | |
| | |
2024 | | |
2025 | |
| | |
RMB | | |
RMB | | |
US$ | |
| Lirong Liu | |
| 126,400 | | |
| 1,339,000 | | |
| 188,088 | |
| | |
| 126,400 | | |
| 1,339,000 | | |
| 188,088 | |
(b) Amounts due to related
parties
| Schedule of amount due to related parties | |
| | |
| | |
| |
| | |
As of March 31, | |
| | |
2024 | | |
2025 | |
| | |
RMB | | |
RMB | | |
US$ | |
| Minghui Liu (i) | |
| 18,980,310 | | |
| 19,418,353 | | |
| 2,727,680 | |
| Conggang Chen | |
| 193,626 | | |
| 691,369 | | |
| 97,116 | |
| | |
| 19,173,936 | | |
| 20,109,722 | | |
| 2,824,796 | |
| (i) |
Minghui Liu provided the interest-free loans
to the Group, which are repayable on demand based on Minghui Liu’s funding needs, to support the Group’s business operation. |
(c) Loans guaranteed by
principal shareholders of the Group
As of March 31, 2024, the
Group’s short-term loan was guaranteed by certain shareholders of the Group as discussed in Note 7 Short-term borrowings. There
was no loan guaranteed by shareholders of the Group as of March 31, 2025.
|