v3.26.1
RELATED PARTY TRANSACTIONS (Tables)
 12 Months Ended
Dec. 31, 2025
RELATED PARTY TRANSACTIONS  
Schedule of related party balances and transactions

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As of December 31, 

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2025

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2024

Due from related parties:

 

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Betters Medical Investment Holdings Limited

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$

2,987

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2,862

Total

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$

2,987

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$

2,862

Due to related parties:

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Quan Qiu(1)

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$

149,860

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—

Betters Medical Investment Holdings Limited(2)

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4,738,429

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$

3,703,700

Total

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$

4,888,289

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$

3,703,700

(1)Quan Qiu is the director of Baird Medical Investment Holding Limited.
(2)Betters Medical Investment Holdings Limited is the controlling shareholder of Baird Medical Investment Holding Limited. The nature of the balance is mainly the listing expenses and interest-free advances for operation paid by Betters Medical Investment Holdings Limited on behalf of the Company.

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For the years ended December 31,

Name of Related Party

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Nature

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2025

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2024

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2023

Betters Medical Investment Holdings Limited

 

Proceeds of Interest-free advances for operation

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$

732,688

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$

20,910

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$

—

Betters Medical Investment Holdings Limited

 

Repayment of Interest-free advances for operation

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(118,931)

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—

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(119,783)

Betters Medical Investment Holdings Limited

 

Interest-free advances for listing expenses

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234,967

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—

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—

Quan Qiu

 

Interest-free advances for operation

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149,860

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—

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—

Haimei Wu

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Interest-free advances made to a related party

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—

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—

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(14,130)

Haimei Wu

 

Received repayment

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—

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386,635

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—

Total

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$

998,584

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$

407,545

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$

(133,913)

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