v3.26.3
Unaudited Interim Condensed Financial Information of the Parent Company (Tables)
6 Months Ended
Jun. 30, 2026
Unaudited Interim Condensed Financial Information of the Parent Company [Abstract]  
Schedule of Unaudited Interim Condensed Balance Sheets

UNAUDITED INTERIM CONDENSED BALANCE SHEETS

(All amounts are in USD, except for share and per share data, unless otherwise noted)

 

    December 31,     June 30,  
    2025     2026  
          (Unaudited)  
Assets            
Current assets            
Cash and cash equivalents   $ 1,179,880     $ 650,425  
Financial assets held for trading     1,435,901       1,435,901  
Advance to related party     19,964       19,964  
Other current assets     530,000       20,606,000  
Total Current Assets   $ 3,165,745     $ 22,712,290  
Non-current assets                
Investment in subsidiary     2,483,593       933,263  
Other non-current assets     600,000       -  
Total Non-current Assets     3,083,593       933,263  
Total Assets   $ 6,249,338     $ 23,645,553  
Liabilities and Equity                
Current Liabilities                
Accounts payable     55,336       -  
Due to subsidiary     71,035       71,035  
Total Current Liabilities   $ 126,371     $ 71,035  
Total Liabilities   $ 126,371     $ 71,035  
COMMITMENTS AND CONTINGENCIES                
Shareholders’ Equity                
*Class A ordinary shares, $0.0001 par value, 400,000,000 shares authorized, 9,382,000 and 109,382,000 shares issued and outstanding as of December 31, 2025 and June 30, 2026, respectively   $ 938     $ 10,938  
*Class B ordinary shares, $0.0001 par value, 100,000,000 shares authorized, 7,668,000 shares issued and outstanding as of December 31, 2025 and June 30, 2026, respectively     767       767  
Additional paid-in capital     11,700,497       34,991,640  
Statutory reserves     89,685       89,685  
Accumulated deficit     (5,620,752 )     (11,476,168 )
Accumulated other comprehensive loss     (48,168 )     (42,344 )
Total Shareholders’ Equity   $ 6,122,967     $ 23,574,518  
Total Liabilities and Shareholders’ Equity   $ 6,249,338     $ 23,645,553  

 

* Giving retroactive effect to the re-denomination and nominal issuance of shares effected on March 23, 2023.
Schedule of Unaudited Interim Condensed Statements of Operations and Comprehensive Loss

UNAUDITED INTERIM CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

(All amounts are in USD, except for share and per share data, unless otherwise noted)

 

    Six Months     Six Months  
    Ended     Ended  
    June 30,     June 30,  
    2025     2026  
    (Unaudited)     (Unaudited)  
General and administrative expenses     (1,825,351 )     (3,773,685 )
Research and development   $ -     $ (525,000 )
Loss from operations     (1,825,351 )     (4,298,685 )
Other loss     27,204       (577 )
Loss from subsidiaries   $ (239,349 )   $ (2,483,429 )
Net loss   $ (2,037,496 )   $ (6,782,691 )
Foreign currency translation adjustments     (1,346 )     5,824  
Comprehensive Loss   $ (2,038,842 )   $ (6,776,867 )
Schedule of Unaudited Interim Condensed Statements of Cash Flows

UNAUDITED INTERIM CONDENSED STATEMENTS OF CASH FLOWS

(All amounts are in USD, except for share and per share data, unless otherwise noted)

 

    Six Months     Six Months  
    Ended     Ended  
    June 30,     June 30,  
    2025     2026  
    (Unaudited)     (Unaudited)  
CASH FLOWS FROM OPERATING ACTIVITIES            
Net cash used in operating activities   $ (2,715,600 )   $ (529,455 )
Net cash used in investing activities   $ (1,660,000 )   $ (20,000,000 )
Net cash provided by financing activities   $ -     $ 20,000,000  
CHANGES IN CASH AND CASH EQUIVALENTS                
Net decrease in cash and cash equivalents   $ (4,375,600 )   $ (529,455 )
Cash and cash equivalents at beginning of the period     6,052,260       1,179,880  
Cash and cash equivalents at end of the period   $ 1,676,660     $ 650,425