v3.26.1
DUE TO RELATED PARTIES
6 Months Ended
Jun. 30, 2026
DUE TO RELATED PARTIES  
DUE TO RELATED PARTIES

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.