| Schedule of Parent Company Only Condensed Balance Sheets |
PARENT COMPANY ONLY CONDENSED BALANCE SHEETS
| | |
As of December 31, | |
| | |
2025 | | |
2024 | |
| ASSETS | |
| | |
| |
| Current assets | |
| | |
| |
| Cash | |
$ | 27,014 | | |
$ | 171,327 | |
| Advance to suppliers | |
| - | | |
| 32,000 | |
| Amount due from related party | |
| 15,000,000 | | |
| - | |
| Total current assets | |
$ | 15,027,014 | | |
$ | 203,327 | |
| Non-current assets | |
| | | |
| | |
| Investment in subsidiaries | |
| 9,119,287 | | |
| 8,467,986 | |
| Long-term investments | |
| - | | |
| 1,356,618 | |
| Total assets | |
$ | 24,146,301 | | |
$ | 10,027,931 | |
| | |
| | | |
| | |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | |
| | | |
| | |
| LIABILITIES | |
| | | |
| | |
| Current liabilities | |
| | | |
| | |
| Due to related parties | |
$ | 1,517,717 | | |
$ | 1,493,437 | |
| Account payable | |
| 11,813 | | |
| 2,363 | |
| Payroll payable | |
| 112,500 | | |
| 22,500 | |
| Other payable | |
| 450,497 | | |
| 56,000 | |
| Total liabilities | |
$ | 2,092,527 | | |
$ | 1,574,300 | |
| SHAREHOLDERS’ EQUITY | |
| | | |
| | |
| Ordinary shares (Par value $0.002 per share, 25,000,000 shares authorized, 34,198 shares issued and outstanding as of December 31, 2024) | |
| - | | |
| 68 | |
| Class A Ordinary shares (Par value $0.002 per share, 24,989,545 shares authorized, 101,275 issued and outstanding as of December 31, 2025) | |
| 202 | | |
| - | |
| Class B Ordinary shares (Par value $0.002 per share, 10,455 shares authorized, 10,455 issued and outstanding as of December 31, 2025) | |
| 21 | | |
| - | |
| Additional paid-in-capital | |
| 22,832,075 | | |
| 7,620,339 | |
| Retained earnings (accumulated deficit) | |
| (534,294 | ) | |
| 1,252,783 | |
| Accumulated other comprehensive loss | |
| (244,230 | ) | |
| (419,559 | ) |
| Total shareholders’ equity | |
| 22,053,774 | | |
| 8,453,631 | |
| Total liabilities and shareholders’ equity | |
$ | 24,146,301 | | |
$ | 10,027,931 | |
|
| Schedule of Parent Company Only Condensed Statements of Operations and Comprehensive Income (Loss) |
PARENT COMPANY ONLY CONDENSED STATEMENTS OF
OPERATIONS AND COMPREHENSIVE INCOME (LOSS)
| | |
For the Years Ended
December 31, | |
| | |
2025 | | |
2024 | |
| Share of earnings (losses) in subsidiaries | |
$ | 451,693 | | |
$ | (3,835,690 | ) |
| Other-than-temporary impairment | |
| (1,356,618 | ) | |
| (1,121,382 | ) |
| General and administrative expenses | |
| (881,565 | ) | |
| (722,123 | ) |
| Non-operating revenue | |
| (587 | ) | |
| 113 | |
| Net income (loss) | |
| (1,787,077 | ) | |
| (5,679,082 | ) |
| Foreign currency translation adjustment | |
| 175,329 | | |
| (37,187 | ) |
| Comprehensive income (loss) | |
$ | (1,611,748 | ) | |
$ | (5,716,269 | ) |
|
| Schedule of Parent Company Only Condensed Statements of Cash Flows |
PARENT COMPANY ONLY CONDENSED STATEMENTS OF
CASH FLOWS
| | |
For the Years Ended December 31, | |
| | |
2025 | | |
2024 | |
| Net cash provided by (used in) operating activities | |
| (666,802 | ) | |
| (643,769 | ) |
| Purchase of long-term investment | |
| - | | |
| (2,478,000 | ) |
| Net cash used in investing activities | |
| - | | |
| (2,478,000 | ) |
| Proceeds from third party loans | |
| 310,598 | | |
| - | |
| Proceeds from Issuance of Class A Ordinary shares | |
| 211,891 | | |
| - | |
| Proceeds from initial public offering, net | |
| - | | |
| 3,293,096 | |
| Net cash provided by (used in) financing activities | |
| 522,489 | | |
| 3,293,096 | |
| Net increase (decrease) in cash and cash equivalents | |
| (144,313 | ) | |
| 171,327 | |
| Cash and cash equivalents at the beginning of the year | |
| 171,327 | | |
| - | |
| Cash and cash equivalents at the end of the year | |
$ | 27,014 | | |
$ | 171,327 | |
|