| INVESTMENTS |
NOTE 3 – INVESTMENTS Investments consist of trading securities and held-to-maturity securities. Trading securities primarily include trading stock, mutual funds and wealth management products issued by commercial banks which are held for the purpose of selling them in the near term. Held-to-maturity securities primarily include wealth management products which the Company has positive intent and ability to hold them to maturity. Held-to-maturity securities with maturity over one year are recorded in long-term investments. Below is a summary of the Company’s investments as of June 30, 2026 and December 31, 2025. | | | | | | Quoted | | | Significant | | | Significant | | | | | | | | Prices in | | | Other | | | Other | | | | | | | | Active | | | Observable | | | Unobservable | | | | | June 30, | | | Markets | | | Inputs | | | Inputs | | | | | 2026 | | | (Level 1) | | | (Level 2) | | | (Level 3) | | | | | (Unaudited) | | | | | | | | | | | | Short-term investments | | | | | | | | | | | | | | Trading securities carried at fair value | | $ | 8,870,243 | | | $ | 89,735 | | | $ | 8,780,508 | | | $ | - | | | Held-to-maturity securities carried at cost | | | 11,100,000 | | | | - | | | | 11,100,000 | | | | - | | | Total | | $ | 19,970,243 | | | $ | 89,735 | | | $ | 19,880,508 | | | $ | - | | | | | | | | Quoted | | | Significant | | | Significant | | | | | | | | Prices in | | | Other | | | Other | | | | | | | | Active | | | Observable | | | Unobservable | | | | | December 31, | | | Markets | | | Inputs | | | Inputs | | | | | 2025 | | | (Level 1) | | | (Level 2) | | | (Level 3) | | | Short-term investments | | | | | | | | | | | | | | Trading securities carried at fair value | | $ | 7,264,219 | | | $ | 93,150 | | | $ | 7,171,069 | | | $ | - | | | Held-to-maturity securities carried at cost | | | 11,100,000 | | | | - | | | | 11,100,000 | | | | - | | | Total | | $ | 18,364,219 | | | $ | 93,150 | | | $ | 18,271,069 | | | $ | - | | Net investment gain for the six months ended June 30, 2026 and 2025 consists of the following: | | | 2026 | | | 2025 | | | | | (Unaudited) | | | (Unaudited) | | | Gain from sales of short-term investments: | | | | | | | | Trading securities | | $ | 9,086 | | | $ | 24,849 | | | Held-to-maturity debt securities | | | 37,514 | | | | 15,616 | | | Unrealized gain of short-term investments: | | | | | | | | | | Trading securities | | | 55,763 | | | | 41,998 | | | Net investment gain | | $ | 102,363 | | | $ | 82,463 | |
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