| Schedule of Concentration Risk Percent |
For
the six and three months ended June 30, 2026 and 2025, the Company’s revenues from major customers that accounted for more than
10% of total revenue were as follows:
Schedule
of Concentration Risk Percent
| | |
Six months ended June 30, 2026 | | |
Three months ended June 30, 2026 | | |
Six months ended June 30, 2025 | | |
Three months ended June 30, 2025 | |
| | |
Amount | | |
% of
Total
Revenue | | |
Amount | | |
% of
Total
Revenue | | |
Amount | | |
% of
Total
Revenue | | |
Amount e | | |
% of
Total
Revenue | |
| Customer D | |
| 6,038,954 | | |
| 100 | % | |
| 2,774,030 | | |
| 100 | % | |
| - | | |
| - | % | |
| - | | |
| - | % |
| | |
As of
June 30, 2026 | | |
As of
December 31, 2025 | |
| | |
Accounts Receivable | | |
% of Total Accounts Receivable | | |
Accounts Receivable | | |
% of Total Accounts Receivable | |
| Customer D | |
$ | 8,545,150 | | |
| 100 | % | |
$ | 2,506,196 | | |
| 76 | % |
| ● |
Customer
D: Shanghai Huaxin Economic and Trade Co., Ltd. (“Shanghai Huaxin”), a related party, as 10% of its equity interest is
held by Xingxiu Hua, the Chief Executive Officer of Rubber Leaf Inc., with the remaining 90% equity interest held by unrelated third-party
shareholders, and neither Rubber Leaf Inc. nor its management has control over or significant influence on Shanghai Huaxin. |
Major
vendors
For
the six and three months ended June 30, 2026 and 2025, the Company made purchases from major vendors that accounted for more than 10%
of total purchases as follows:
| | |
Six months ended June 30, 2026 | | |
Three months ended June 30, 2026 | | |
Six months ended June 30, 2025 | | |
Three months ended June 30, 2025 | |
| | |
Amount | | |
% of
Total
Purchase | | |
Amount | | |
% of
Total
Purchase | | |
Amount | | |
% of
Total
Purchase | | |
Amount | | |
% of
Total
Purchase | |
| Vendor C | |
| 5,815,774 | | |
| 100 | % | |
| 2,836,195 | | |
| 100 | % | |
| - | | |
| - | | |
| - | | |
| - | |
| | |
As of
June 30, 2026 | | |
As of
December 31, 2025 | |
| | |
Accounts Payable | | |
% of Total Accounts Payable | | |
Accounts Payable | | |
% of Total Accounts Payable | |
| Vendor C | |
$ | 4,505,382 | | |
| 100 | % | |
$ | 2,498,787 | | |
| 100 | % |
| ● |
Vendor
C: Shanghai Yongliansen Import and Export Trading Company (“Yongliansen”), a related party. |
|