Related party balances and transactions |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Related party balances and transactions | Note 14 — Related party balances and transactions The following is a list of related parties which the Group has transactions with: - Mr. Yuan Li, 100% owner of the Company’s largest shareholder and one of the directors of the Company. - Mr. Xiang Lan, key management of the Company. - JD LIYUAN LIMITED, the Company’s largest shareholder. Amounts due to related parties The amounts due to related parties consisted of the following:
Amounts due to Mr. Yuan Li are unsecured, interest-free, due in July 2029, and represent the purchase payments for a vehicle on behalf of Kebiao Technology, which is mainly because vehicle installment payments can only be processed on behalf of Kebiao Technology in the name of its legal representative. Amounts due to JD LIYUAN LIMITED are unsecured, interest-free and repayable on demand, which represent the advance expenses paid on behalf of the Group. |