NOTE 10 – DUE TO RELATED PARTIES Due to related parties consisted of the following: | | June 30, | | | December 31, | | | | 2026 | | | 2025 | | | | (Unaudited) | | | | | Mr. Yang Wang (1) | | $ | 129,956 | | | $ | 129,956 | | Mr. Jun Wang (2) | | | 1,364,268 | | | | 1,025,624 | | Ms. Huang Li (3) | | | 55,486 | | | | 55,486 | | Mr. Yanxi Wang | | | 374 | | | | 374 | | Total | | $ | 1,550,084 | | | $ | 1,211,440 | |
| (1) | Mr. Yang Wang controls 20.85% of the outstanding Class A common stock of Yubo New York and is a director of the Company and Yubo Beijing. | | | | | (2) | Mr. Jun Wang controls 33.34% of the outstanding Class A common stock of Yubo New York and is the President of the Company and CEO of Yubo Beijing. | | | | | (3) | Ms. Huang Li is a shareholder of Focus One Technology Group Limited (“Focus One”). Focus One owns 9.62% of the issued and outstanding Class A common stock of the Company. |
The due to related parties payables are noninterest bearing and are due on demand.
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