| 17. | RELATED PARTY TRANSACTIONS | Related parties The Company’s related parties with which the Group had transactions include its affiliates, any director or executive officers of the Company and their immediate family members, as well as any shareholders owning more than 5% of the Company’s ordinary shares. The table below sets forth the related parties and their relationships with the Group who had transaction with the Group for the six months ended June 30, 2025 and 2026: | Name | | Relationship | | Mr. Weidong Gu | | Founder and chairman of the board of directors of the Company | | Mr. Zhisheng Cheng | | Vice president of the Company | | Mr. Xingzhi Huang | | Shareholder of the Company | | Xinyu High-Tech Investment Co., Ltd. | | Shareholder of the Company | Amounts due to a Related party The amounts due to a related party are as follows: | | | As of
December 31, | | | As of
June 30, | | | | | 2025 | | | 2026 | | | | | | | | (Unaudited) | | | Rental income received in advance: | | | | | | | | Xinyu High-Tech Investment Co., Ltd. | | $ | 55 | | | $ | 3 | | Related party transactions The transactions of related parties are as follows: | | | For the six months ended
June 30, | | | | | 2025 | | | 2026 | | | | | (Unaudited) | | | (Unaudited) | | | Guarantee provided for bank short-term borrowings | | | | | | | | Xinyu High-Tech Investment Co., Ltd. – Export-Import Bank of China Jiangxi Branch | | $ | 6,086 | | | $ | 6,386 | | | Mr. Weidong Gu – Bank of China | | | 9,793 | | | | - | | | Mr. Weidong Gu – Xinyu Rural Commercial Bank | | | 4,197 | | | | - | | | Mr. Weidong Gu – Export-Import Bank of China Jiangxi Branch | | | 6,086 | | | | - | | | Mr. Zhisheng Cheng – Bank of China | | | 9,793 | | | | - | | | Mr. Zhisheng Cheng – Export-Import Bank of China Jiangxi Branch | | | 6,086 | | | | - | | | Mr. Xingzhi Huang – Bank of China | | | 9,793 | | | | - | | | Mr. Xingzhi Huang – Export-Import Bank of China Jiangxi Branch | | | 6,086 | | | | - | | | | | | | | | | | | | Rental income: | | | | | | | | | | Xinyu High-Tech Investment Co., Ltd. | | $ | 50 | | | $ | 53 | | Mr. Weidong Gu, Mr. Zhisheng Cheng and Mr. Xingzhi Huang also provided guarantees with their personal property for the Group’s notes payable credited by Agricultural Bank of China Xinyu Branch and Bank of China Xinyu Branch.
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