Note
11 – BANK LOAN
Bank
loan consists of the following:
SCHEDULE
OF BANK LOAN
| Provider | |
Loan period | |
Interest
rate | | |
March 31,
2026 | | |
September 30,
2025 | |
| | |
| |
| | |
(Unaudited) | | |
| |
| Short-term bank loan | |
| |
| | | |
| | | |
| | |
| Industrial & Commercial Bank of China (“ICBC”)* | |
July 31, 2025 to July 26, 2026 | |
| 2.75 | % | |
$ | - | | |
$ | 318,865 | |
| China Merchants Bank (“CMB”)** | |
May 13, 2025 to May 13, 2026 | |
| 2.8 | % | |
| 72,485 | | |
| - | |
| China Merchants Bank (“CMB”)** | |
April 22, 2025 to April 22, 2026 | |
| 2.8 | % | |
| 101,479 | | |
| - | |
| Industrial and Commercial Bank of China (“ICBC”) * | |
June 17, 2025 to June 16, 2026 | |
| 1.3 | % | |
| 144,970 | | |
| - | |
| Industrial & Commercial Bank of China (“ICBC”) * | |
March 27, 2026 to March 26, 2027 | |
| 2.55 | % | |
| 289,938 | | |
| - | |
| Total short-term bank loan | |
| |
| | | |
$ | 608,872 | | |
$ | 318,865 | |
| | |
| |
| | | |
| | | |
| | |
| Long-term bank loan | |
| |
| | | |
| | | |
| | |
| Webank* | |
June 17, 2025 to June 8, 2027 | |
| 8 | % | |
$ | 51,740 | | |
$ | - | |
| Total long-term bank loan | |
| |
| | | |
$ | 51,740 | | |
$ | - | |
| * | | These bank loans were unsecured. |
| ** | | These bank loans were guaranteed by Beijing Haidian Technology Enterprise Financing Guarantee
Co., Ltd. |
The
weighted average remaining term for the short-term and long-term bank loans for the six months ended March 31, 2026 and 2025 was 0.62
and 0.08 years, respectively. The weighted average interest rate for the short-term and long-term bank loans for the six months ended
March 31, 2026 and 2025 was 2.77% and 3.10%, respectively.
* These bank loans were unsecured.
** These bank loans were guaranteed by Beijing Haidian
Technology Enterprise Financing Guarantee Co., Ltd.
|