| Schedule of consolidated major subsidiaries |
|
|
|
|
| Name |
|
Background |
|
Ownership |
| Shan You International Group Limited |
|
· A Hong Kong company
· Incorporated on March 22, 2023
· A holding company |
|
100% owned by WF |
| Sichuan Shanyou Zhiyuan Business Information Consulting Co., Ltd. |
|
· A PRC limited liability company
· Incorporated on April 28, 2023
· Registered capital of RMB1,000,000 (approximately $0.2 million)
· A holding company |
|
100% owned by Shanyou HK |
| Chengdu Shanyou HVAC Engineering Co., Ltd. |
|
· A PRC limited liability company
· Incorporated on June 3, 2009
· Registered capital of RMB12,000,000 (approximately $1.9 million)
· Supply, installation, fitting-out and maintenance services for HVAC systems, fresh air ventilation systems, floor heating systems and water purification systems |
|
100% owned by WFOE |
| WF International Nevada LLC (“WF Nevada”) |
|
· A US limited liability company
· Incorporated on December 27, 2023
· A holding company |
|
100% owned by WF |
|
Chengdu Wufang Boyuan Innovation Technology Co., Ltd.
(“Wufang Boyuan”) |
|
· A PRC limited liability company
· Incorporated on April 25, 2025
· Registered capital of RMB50,000,000 (approximately $6.9 million)
· A holding company |
|
100% owned by WF Nevada |