| Schedule of Outstanding Balances of Loan |
Outstanding balances of loan consist of the following: | As of June 30, 2026 | | Balance | | | Maturity Date | | Effective
Interest
Rate | | | Collateral/Guarantee | | | | RMB | | | US$ | | | | | | | | | | Short-term bank loans | | | | | | | | | | | | | | | Industrial Bank Co., Ltd. | | | 5,000,000 | | | | 736,909 | | | November 20, 2026 | | | 3.4 | % | | Guarantee: Zhenyang Shi, Li Xu, Wanmei Shi, Qilekang Modern Logistics, and Qilekang Digital Health | | Industrial Bank Co., Ltd. | | | 20,000,000 | | | | 2,947,635 | | | February 4, 2027 | | | 3.3 | % | | Guarantee: Zhenyang Shi, Li Xu, Wanmei Shi, Qilekang Modern Logistics, and Qilekang Digital Health | | China Guangfa Bank(a) | | | 5,000,000 | | | | 736,909 | | | September 21, 2026 | | | 3.20 | % | | Guarantee: Zhenyang Shi, Li Xu, and Qilekang Modern Logistics | | China Guangfa Bank | | | 3,000,000 | | | | 442,145 | | | October 15, 2026 | | | 3.20 | % | | Guarantee: Zhenyang Shi, Li Xu, and Qilekang Modern Logistics | | Bank of Communications(a) | | | 6,000,000 | | | | 884,291 | | | August 11, 2026 | | | 3.20 | % | | Guarantee: Zhenyang Shi, Li Xu and Qilekang Modern Logistics | | Bank of Communications(a) | | | 4,000,000 | | | | 589,527 | | | September 1, 2026 | | | 3.20 | % | | Guarantee: Zhenyang Shi, Li Xu and Qilekang Digital Health | | Industrial and Commercial Bank of China | | | 3,000,000 | | | | 442,145 | | | November 30, 2026 | | | 3.11 | % | | N/A | | China CITIC Bank | | | 5,000,000 | | | | 736,909 | | | December 22, 2026 | | | 4.00 | % | | Guarantee: Qilekang Digital Health, Zhenyang Shi and Li Xu | | Total | | | 51,000,000 | | | | 7,516,470 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Long-term bank loans, current | | | | | | | | | | | | | | | | | | Agricultural Bank of China. | | | 200,000 | | | | 29,476 | | | June 21, 2027 | | | 3.35 | % | | Guarantee: Zhenyang Shi and Li Xu | | Bank of Jiujiang | | | 500,000 | | | | 73,691 | | | March 21, 2027 | | | 5.00 | % | | Guarantee: Zhenyang Shi and Qilekang Modern Logistics | | Bank of Jiujiang | | | 240,000 | | | | 35,372 | | | March 16, 2027 | | | 4.20 | % | | Guarantee: Zhenyang Shi and Qilekang Modern Logistics | | China Resource Bank of Zhuhai | | | 600,000 | | | | 88,429 | | | March 21, 2027 | | | 3.85 | % | | Guarantee: Zhenyang Shi, Li Xu and Qilekang Modern Logistics | | Total | | | 1,540,000 | | | | 226,968 | | | | | | | | | | | Long-term bank loans, noncurrent | | | | | | | | | | | | | | | | | | Agricultural Bank of China | | | 1,600,000 | | | | 235,811 | | | August 31, 2028 | | | 3.35 | % | | Guarantee: Zhenyang Shi and Li Xu | | Bank of Jiujiang | | | 4,250,000 | | | | 626,372 | | | September 16, 2028 | | | 5.00 | % | | Guarantee: Zhenyang Shi and Qilekang Modern Logistics | | Bank of Jiujiang | | | 2,160,000 | | | | 318,345 | | | March 13, 2029 | | | 4.20 | % | | Guarantee: Zhenyang Shi and Qilekang Modern Logistics | | China Resource Bank of Zhuhai | | | 4,500,000 | | | | 663,218 | | | October 18, 2027 | | | 3.85 | % | | Guarantee: Zhenyang Shi, Li Xu and Qilekang Modern Logistics | | Total | | | 12,510,000 | | | | 1,843,746 | | | | | | | | | | | As of June 30, 2026 | | Balance | | | Maturity Date | | Effective
Interest
Rate | | | Collateral/Guarantee | | | | RMB | | | US$ | | | | | | | | | | Long-term loans, current | | | | | | | | | | | | | | | Xi’an Changtao Network Small Loan Co., Ltd.(b) | | | 10,000,000 | | | | 1,473,818 | | | December 31, 2026 | | | 20.04 | % | | Guaranteed by five related parties, including Zhenyang Shi, Li Xu, Guoji Luo, Wanmei Shi, Yongan Zhong and five managements of the Group | | (a) | The balances as of June 30, 2026 was fully repaid till the date of this report. | | (b) | The loan was renewed in 2025 with maturity date of December 31, 2026. | | As of December 31, 2025 | | Balance | | | Maturity Date | | Effective
Interest
Rate | | | Collateral/Guarantee | | | | RMB | | | | | | | | | | Short-term bank loans | | | | | | | | | | | | Industrial Bank Co., Ltd. | | | 25,000,000 | | | From April 15, 2026 to November 20, 2026 | | | 3.4% & 3.5 | % | | Guarantee: Zhenyang Shi, Li Xu, Wanmei Shi, Qilekang Modern Logistics, and Qilekang Digital Health | | Agricultural Bank of China | | | 3,000,000 | | | January 21, 2026 | | | 3.15 | % | | Co-borrower: Zhenyang Shi | | Bank of Guangzhou | | | 3,000,000 | | | June 5, 2026 | | | 3.80 | % | | Guarantee: Qilekang Modern Logistics, Zhenyang Shi and Li Xu | | China Guangfa Bank | | | 8,000,000 | | | From September 21, 2026 to October 15, 2026 | | | 3.20 | % | | Guarantee: Zhenyang Shi, Li Xu, and Qilekang Modern Logistics | | Bank of Communications | | | 6,000,000 | | | August 11, 2026 | | | 3.20 | % | | Guarantee: Zhenyang Shi, Li Xu and Qilekang Digital Health | | Industrial and Commercial Bank of China | | | 3,000,000 | | | November 30, 2026 | | | 3.11 | % | | N/A | | China CITIC Bank | | | 5,000,000 | | | December 22, 2026 | | | 4.00 | % | | Guarantee: Qilekang Digital Health, Zhenyang Shi and Li Xu | | Total | | | 53,000,000 | | | | | | | | | | | | | | | | | | | | | | | | | Long-term bank loans, current | | | | | | | | | | | | | | Agricultural Bank of China. | | | 200,000 | | | December 21, 2026 | | | 3.35 | % | | Guarantee: Zhenyang Shi and Li Xu | | Bank of Jiujiang | | | 500,000 | | | September 16, 2026 | | | 5.00 | % | | Guarantee: Zhenyang Shi and Qilekang Modern Logistics | | China Resource Bank of Zhuhai | | | 600,000 | | | September 21, 2026 | | | 3.85 | % | | Guarantee: Zhenyang Shi, Li Xu and Qilekang Modern Logistics | | Bank of Jiujiang | | | 2,400,000 | | | March 15, 2026 | | | 4.95 | % | | Guarantee: Qilekang Digital Health and Zhenyang Shi | | Total | | | 3,700,000 | | | | | | | | | | | Long-term bank loans, noncurrent | | | | | | | | | | | | | | Agricultural Bank of China | | | 1,700,000 | | | August 31, 2028 | | | 3.35 | % | | Guarantee: Zhenyang Shi and Li Xu | | Bank of Jiujiang | | | 4,500,000 | | | September 16, 2028 | | | 5.00 | % | | Guarantee: Zhenyang Shi and Qilekang Modern Logistics | | China Resource Bank of Zhuhai | | | 4,800,000 | | | October 18, 2027 | | | 3.85 | % | | Guarantee: Zhenyang Shi, Li Xu and Qilekang Modern Logistics | | Total | | | 11,000,000 | | | | | | | | | | | As of December 31, 2025 | | Balance | | | Maturity Date | | Effective
Interest
Rate | | | Collateral/Guarantee | | | | RMB | | | | | | | | | | Long-term loans, current | | | | | | | | | | | | Xi’an Changtao Network Small Loan Co., Ltd. | | | 10,000,000 | | | December 31, 2026 | | | 20.04 | % | | Guaranteed by five related parties, including Zhenyang Shi, Li Xu, Guoji Luo, Wanmei Shi, Yongan Zhong and five managements of the Group |
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