v3.26.1
SEGMENT REPORTING
6 Months Ended
Jun. 30, 2026
SEGMENT REPORTING  
SEGMENT REPORTING

NOTE 12 – SEGMENT REPORTING

 

Operating segments are components of an entity for which separate financial information is available and evaluated by the Company’s chief operating decision maker (“CODM”) in determining how to allocate resources and assess performance.

 

As of June 30, 2026, the Company operates through the following reporting segments:

 

·

Technology and consulting services conducted through Transuite.Org Inc.;

 

 

·

Online medical education services conducted through Solan (Shenzhen) Technology Co., Ltd., which was acquired on September 29, 2025; and

 

 

·

Intelligent infrastructure and e-bike charging management solutions conducted through Goldfinch-Chong (Fuzhou) Technology Co., Ltd.

 

The Company’s chief operating decision makers (“CODM”) are the Chief Executive Officers and Directors of the respective entities.

 

Since September 2024, the Company has undertaken strategic restructuring efforts, including reorganization of management functions and expansion into technology-driven service offerings. During the six months ended June 30, 2026, the Company’s primary operating activities consisted of strategic consulting and technology-related services, including business solution development and digital platform-related deliverables.

 

For the six months ended June 30, 2026 and 2025, the Company reported revenue of $248,036 and $50,000, respectively. The revenue generated during six months ended June 30, 2026 was primarily derived from e-biking charging solution and on-line medical education. The revenue generated during six months ended June 30, 2025 was primarily derived from its AI-Driven Ecosystem Product Planning consulting service.

 

The online medical education segment commenced operations following the acquisition of Solan (Shenzhen) Technology Co., Ltd. in September 2025. The intelligent infrastructure segment related to Goldfinch-Chong (Fuzhou) Technology Co., Ltd. was acquired on December 31, 2025.

 

Management currently focuses on cost control, integration of acquired entities, and securing debt and equity financing to support ongoing business development. The CODM evaluates segment performance primarily based on operating results, including revenue and net income (loss). Segment assets are reported in the accompanying Consolidated Balance Sheets.

 

Segment by Entity and Operations

 

Six Months Ended June 30, 2026

 

 

 

 

Solan (Shenzhen)

 

 

Xirangsheng

 

 

 

 

Goldfinch-

 

 

SolanAI

 

 

Jiansheng &

 

 

Goldfinch

 

 

 

 

 

Transuite

 

 

Online

 

 

Online

 

 

Goldfinch HK

 

 

Chong

 

 

Global HK

 

 

Yuan Qi

 

 

BVI &

 

 

 

 

Entity

 

Technology &

 

 

medical

 

 

health

 

 

Charging

 

 

E-bike

 

 

Web 3

 

 

AI Software

 

 

Crestar HK

 

 

 

Operation

 

Consulting

 

 

Education

 

 

Technology

 

 

Infrastructure

 

 

Charging

 

 

Infrastructure

 

 

Development

 

 

Corporate/Holding

 

 

Total

 

Revenue

 

$-

 

 

$1,154

 

 

$-

 

 

$-

 

 

$246,882

 

 

$-

 

 

$-

 

 

$-

 

 

$248,036

 

Cost of sales

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

20,992

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

20,992

 

Gross Profit

 

$-

 

 

$1,154

 

 

$-

 

 

$-

 

 

$225,890

 

 

$-

 

 

$-

 

 

$-

 

 

$227,044

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Segment Loss

 

$(7,931,939)

 

$-

 

 

$(1,043)

 

$

 

 

$191,077

 

 

$(257,497)

 

$(2,281)

 

$(1)

 

$(8,001,684)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Assets

 

$399,479

 

 

$2,922

 

 

$16,979

 

 

$99

 

 

$239,710

 

 

$416

 

 

$3,201

 

 

$-

 

 

$662,806

 

 

Six Months Ended June 30, 2025

 

 

 

 

Solan (Shenzhen)

 

 

Xirangsheng

 

 

Goldfinch HK

 

 

Goldfinch-Chong

 

 

SolanAI

Global HK

 

 

 

 

 

 

 

 

 

Transuite

 

 

Online

 

 

Online

 

 

Online

 

 

Online

 

 

Online

 

 

Yuan Qi

 

 

Goldfinch BVI

 

 

 

 

Entity

 

Technology &

 

 

medical

 

 

medical

 

 

medical

 

 

medical

 

 

medical

 

 

Software

 

 

& Crestar HK

 

 

 

Operation

 

Consulting

 

 

Education

 

 

Education

 

 

Education

 

 

Education

 

 

Education

 

 

Development

 

 

Corporate

 

 

Total

 

Revenue

 

$50,000

 

 

$-

 

 

$-

 

 

$-

 

 

$-

 

 

$-

 

 

$-

 

 

$-

 

 

$50,000

 

Cost of sales

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Gross Profit

 

$50,000

 

 

$-

 

 

$-

 

 

$-

 

 

$-

 

 

$-

 

 

$-

 

 

$-

 

 

$50,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Segment Loss

 

$(7,086,159)

 

$-

 

 

$-

 

 

$-

 

 

$-

 

 

$-

 

 

$-

 

 

$(1,008)

 

$(7,087,167)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Assets

 

$349,605

 

 

$-

 

 

$-

 

 

$-

 

 

$-

 

 

$-

 

 

$-

 

 

$15,000

 

 

$364,605

 

 

Segment by Geographical locations

 

Six Months Ended June 30, 2026

 

 

 

USA

 

 

China

 

 

Hong Kong

 

 

Total

 

Revenue

 

$-

 

 

$248,036

 

 

$-

 

 

$248,036

 

Cost of sales

 

 

-

 

 

 

20,992

 

 

 

-

 

 

 

20,992

 

Gross profit

 

 

-

 

 

 

227,044

 

 

 

-

 

 

 

227,044

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total operating expenses

 

 

7,454,142

 

 

 

39,370

 

 

 

257,497

 

 

 

7,751,009

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss from operations

 

 

(7,454,142)

 

 

187,674

 

 

 

(257,497)

 

 

(7,523,965)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other income (expenses)

 

 

(477,797)

 

 

78

 

 

 

-

 

 

 

(477,719)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$(7,931,939)

 

$187,752

 

 

$(257,497)

 

$(8,001,684)

 

As of June 30, 2026

 

 

 

USA

 

 

China

 

 

Hong Kong

 

 

Total

 

Current Assets

 

$399,479

 

 

$175,288

 

 

$515

 

 

$575,282

 

Property and Equipment, net

 

$-

 

 

$87,524

 

 

$-

 

 

$87,524

 

 

Six Months Ended June 30, 2025

 

 

 

USA

 

 

China

 

 

Hong Kong

 

 

Total

 

Revenue

 

$50,000

 

 

$-

 

 

$-

 

 

$50,000

 

Cost of sales

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Gross profit

 

 

50,000

 

 

 

-

 

 

 

-

 

 

 

50,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total operating expenses

 

 

7,128,772

 

 

 

-

 

 

 

-

 

 

 

7,128,772

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss from operations

 

 

(7,078,772)

 

 

-

 

 

 

-

 

 

 

(7,078,772)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other income (expenses)

 

 

(7,387)

 

 

(1,008)

 

 

-

 

 

 

(8,395)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$(7,086,159)

 

$(1,008)

 

 

-

 

 

$(7,087,167)

 

As of June 30, 2025

 

 

 

USA

 

 

China

 

 

Hong Kong

 

 

Total

 

Current Assets

 

$315,530

 

 

$15,000

 

 

$-

 

 

$330,530

 

Intangible Assets, net

 

$34,075

 

 

$-

 

 

$-

 

 

$34,075