v3.26.1
Consolidated Statements of Cash flows - USD ($)
12 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:      
Net loss $ (20,216,014) $ (1,517,161) $ (8,122,070)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Non-cash operating lease expenses 60,740 60,785 25,982
Depreciation and amortization 1,463,190 1,237,229 1,143,064
Stock based compensation 10,228,768    
Credit loss for accounts receivable 94,125 127,568 37,885
Provision (reverse) for other receivables 238,286 (55,382)  
Allowance for ATV 139    
Impairment of property and equipment 194,876    
Inventories provision (reserve) 452,435 (813,619) 388,253
Deferred tax expense (benefit) 170,828 (406,845) 203,544
Unrealized loss from investment in securities 7,699,210 819,432 5,527,381
Investment (income)     (4,016)
Share of results of associates 427,702 204,648  
Loss on disposal of Long term investment   101,354  
Property and equipment written off 1,033 526  
Changes in operating assets and liabilities:      
Accounts receivable (3,350,872) 378,389 (1,223,035)
Insurance premium payables 1,318,215    
Bank acceptance notes receivable 376,030 949,455 (1,665,594)
Inventories (1,845,348) 958,655 3,403,831
Prepayment to suppliers (2,692,462) (65,476) 492,858
Other current assets 12,570,946 (1,506,472) 1,414,305
Accounts payable (1,834,063) 378,976 (1,618,317)
Contract liabilities 2,673,043 (571,880) 502,535
Deferred government grants 109,136 (96,364) (126,198)
Taxes payable 577,516 101,845 (612,274)
Accrued expenses and other payables (11,033,416) 359,167 539,782
Lease liabilities (56,480) (100,592) 4,293
Net cash (used in) provided by operating activities (2,372,437) 544,238 312,209
Cash flows from investing activities:      
Purchase of property and equipment (1,566,653) (240,133) (179,759)
Payment for construction in progress (498,869) (2,613,123) (1,668,924)
Purchase of intangible assets (121,382) (1,078,215) (1,865,406)
Cash received from disposal of Long term investment   463,629  
Cash received from acquisition 2,394,514    
Dividend received   56,198  
Payment for short term investment (370,518)   (1,000,000)
Proceeds from short term investment   1,000,000  
Payments on long term investment   (1,404,938)  
Redemption from marketable securities   4,800,000  
Purchase of non controlling interest     (28,356)
Net cash (used in) provided by investing activities (162,908) 983,418 (4,742,445)
Cash flows from financing activities:      
Proceeds from bank loans 2,168,453   496,222
Repayment of bank loans (562,944) (491,728) (141,778)
Proceeds from (Repayment of) bank notes payable 1,013,412   (1,544,722)
Non controlling interest contribution     56,711
Dividend paid     (1,787,517)
Net cash provided by (used in) financing activities 2,618,921 (491,728) (2,921,084)
Effect of exchange rate change on Cash, cash equivalents and restricted cash (80,390) 1,305,079 (151,446)
Net increase (decrease) in Cash, cash equivalents and restricted cash 3,186 2,341,007 (7,502,766)
Cash, cash equivalents and restricted cash at beginning of year 9,817,254 7,476,247 14,979,013
Cash, cash equivalents and restricted cash at end of year 9,820,440 9,817,254 7,476,247
Supplemental cash flow information      
Cash paid for interest 35,331 4,262 3,656
Cash paid for income taxes 71,277 21,910 $ 27,440
Supplemental non-cash activities      
Unpaid RMB 15,000,000$2,107,407) of 25% euqity investment (total considerarion of RMB 25,000,000) to Caihou Capital (Shenzhen) Group   2,107,407  
Additional paid-in capital due to adjustments in previous years   $ 49,315  
Goodwill arising from the acquisition of the company by issuing shares 69,995,661 Class A ordinary shares per share of US$2.0 350,849,431    
Right of Use Assets obtained in exchange for operating lease obligations $ 374,564