v3.26.1
Condensed Consolidated Balance Sheets (Unaudited)
Mar. 31, 2026
USD ($)
Sep. 30, 2025
USD ($)
CURRENT ASSETS    
Cash and cash equivalents $ 155,884,596 $ 86,002,274
Other receivables 7,328
Advances to suppliers and other current assets 24,623,392 22,996,430
Lease receivables 1,508,612 1,126,840
Assets held for sale 17,861,176
TOTAL CURRENT ASSETS 199,877,776 110,132,872
NON-CURRENT ASSETS    
Property, plant and equipment, net 33,453,508 24,654,088
Right of use assets 1,983,097 6,600,497
Other non-current assets 59,840
Loan receivables 50,000,000 50,000,000
TOTAL NON-CURRENT ASSETS 85,436,605 81,314,425
TOTAL ASSETS 285,314,381 191,447,297
CURRENT LIABILITIES    
Accrued expenses and other payables 25,040,294 2,563,376
Tax payable 215,225 805,384
Advances from customers 210,704
Advance consideration received 32,000,000
Lease liabilities-current 224,323 583,533
Loan payables 195,112
Liabilities held for sale 8,093,685
TOTAL CURRENT LIABILITIES 65,573,527 4,404,409
NON-CURRENT LIABILITIES    
Lease liabilities-non-current 1,758,773 6,392,677
TOTAL NON-CURRENT LIABILITIES 1,758,773 6,392,677
TOTAL LIABILITIES 67,332,300 10,797,086
STOCKHOLDER’S EQUITY    
Additional paid-in capital 177,350,014 130,415,037
Statutory reserve 3,518,084 3,518,084
Retained earnings 38,555,005 45,114,192
Accumulated other comprehensive loss (1,441,222) (3,144,779)
Total stockholders’ equity 217,982,081 180,650,211
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 285,314,381 191,447,297
Related Party    
CURRENT LIABILITIES    
Amount due to related party 46,300
Class A Ordinary Shares    
STOCKHOLDER’S EQUITY    
Ordinary shares value [1] 199 4,613,475
Class B Ordinary Shares    
STOCKHOLDER’S EQUITY    
Ordinary shares value [1] $ 1 $ 134,202
[1] On March 3, 2026, the Company’s shareholders approved a share capital reorganization by special resolution, which included a subdivision of each authorized but unissued Class A and Class B ordinary share of US$1.875 par value into 187,500 shares of US$0.00001 par value each, a reduction of the par value of each issued and outstanding share from US$1.875 to US$0.00001, and a cancellation of unissued shares. Following the reorganization, the Company also increased its authorized share capital from US$32,096 to US$33,000, resulting in an authorized share capital of US$33,000 divided into 3,000,000,000 Class A ordinary shares of US$0.00001 par value each and 300,000,000 Class B ordinary shares of US$0.00001 par value each.