Commitments and Contingencies |
6 Months Ended | ||||||||||||||||||||
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Jun. 30, 2026 | |||||||||||||||||||||
| Commitments and Contingencies [Abstract] | |||||||||||||||||||||
| COMMITMENTS AND CONTINGENCIES | NOTE 12 — COMMITMENTS AND CONTINGENCIES
The Company may be involved in certain legal proceedings, claims and other disputes arising from the commercial operations, projects, employees and other matters which, in general, are subject to uncertainties and in which the outcomes are not predictable. The Company determine whether an estimated loss from a contingency should be accrued by assessing whether a loss is deemed probable and can be reasonably estimated. Although the outcomes of these legal proceedings cannot be predicted, the Company does not believe these actions, in the aggregate, will have a material adverse impact on its financial position, results of operations or liquidity.
Lease Commitments
The company’s subsidiary, CYH Shanghai has entered into one operating lease agreement with the owner to lease office space in Shanghai.
As of June 30, 2026, the total future minimum non-cancelable commitments solely related to the property management fees with respect to the office are payable as follows:
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