| Bank Name | Maturities | Interest Rate | Collateral/Guarantee | Amount | ||||||||||
| Huaneng Guicheng Trust | February 23, 2025 (Fully repaid in September 2024) | 18.00 | % | Guaranteed by Ke Chen | $ | 67,960 | ||||||||
| Schedule of long term loans | ||||||||||||||
| Bank Name | Maturities | Interest Rate | Collateral/Guarantee | Amount | ||||||||||
| Bank of Chengdu | December 20, 2025 | 4.00 | % | Guaranteed by Ke Chen and Jinshan Yao and pledged by two real estate properties owned by Ke Chen, Jinshan Yao and Ke Chen’s immediate family | $ | 569,995 | ||||||||
| Payments Due by Period | ||||||||||||||||||||
| Contractual obligations | Total | Less than 1 Year | 1 – 3 years | 3 – 5 Years | More than 5 Years | |||||||||||||||
| Short-term loans – banks | $ | 1,859,610 | $ | 1,859,610 | $ | — | $ | — | $ | — | ||||||||||
| Long-term loans – banks | 569,995 | — | 569,995 | — | — | |||||||||||||||
| Operating lease obligations | 83,790 | 44,460 | 37,620 | 1,710 | — | |||||||||||||||
| Total | $ | 2,513,395 | $ | 1,904,070 | $ | 607,615 | $ | 1,710 | $ | — | ||||||||||
| Payments Due by Period | ||||||||||||||||||||
| Contractual obligations | Total | Less than 1 Year | 1 – 3 years | 3 – 5 Years | More than 5 Years | |||||||||||||||
| Short-term loans – a bank | $ | 1,918,860 | $ | 1,918,860 | $ | — | $ | — | $ | — | ||||||||||
| Long-term loans | 223,296 | 157,621 | 65,675 | — | — | |||||||||||||||
| Long-term loans – a third party | 67,959 | 47,971 | 19,988 | — | — | |||||||||||||||
| Operating lease obligations | 123,355 | 42,763 | 75,658 | 4,934 | — | |||||||||||||||
| Total | $ | 2,333,470 | $ | 2,167,215 | $ | 161,321 | $ | 4,934 | $ | — | ||||||||||
| Bank Name | Maturities | Interest Rate | Collateral/Guarantee | Amount | ||||||||||
| Weizhong Bank | February 23, 2025 (Fully repaid in September 2024) | 18.00 | % | Guaranteed by Ke Chen | $ | 223,295 | ||||||||
