v3.26.3
Short-term loans (Tables)
6 Months Ended
Jun. 30, 2026
Short-term Loans  
Schedule of short-term loans
                       
Bank Name  Maturities  Interest rate  Collateral/Guarantee/Co-borrower  June 30, 2026  December 31, 2025
                
Bank of Communications   December 2026 to March 2027    2.65%  Hong Wan*  $1,473,818   $662,955 
Bank of China   March 2027    2.24%  N/A   1,473,818    — 
‌China Merchants Bank‌   February 2027 to May 2027    2.83%  N/A   736,909    — 
Industrial and Commercial Bank of China‌   March 2027    2.35%  N/A   736,908    — 
Total                4,421,453    662,955 
             Current  $4,421,453   $662,955 

 

* In December 2025, Pinmu Century and its shareholder Hong Wan entered into a loan agreement with Bank of Communications as co-borrowers, obtaining a revolving credit facility of approximately $1,429,981 (RMB 10,000,000). Pursuant to the agreement, the credit facility is available for a period of two years, commencing on December 19, 2025, and expiring on December 19, 2027.