v3.26.1
Other Payables and Accrued Liabilities - Schedule of Other Payables and Accrued Liabilities (Details) - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Other payables and accrued liabilities    
Loan form Guarantor [1] $ 253,080
Borrowings – non-interest-bearing [2] 128,860 240,133
Receipt in advance 300,485 200,084
Salary payables 43,950 62,574
Others [3] 124,387 120,817
Total other payables and accrued liabilities $ 597,682 $ 876,688
[1] In May 2023, the Company received a short-term borrowing from Industrial and Commercial Bank of China of $325,357 with an annual interest rate of 3.55% to be due in May 2024. The company defaulted on the principal borrowed in May 2024. In August 2024, Shenzhen Hi-Tech Investment Small Micro Financing Guarantee Co., Ltd. has repaid $247,914 on behalf of the Company, with interest payments of $5,165 as of December 31, 2024.
[2] Borrowing mainly involves interest-free borrowing from third parties.
[3] Others mainly involve the Company’s security reserves and the withholding of employees’ social insurance premiums. Additionally, it includes litigation compensation to be executed.