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COMMITMENTS | 6 Months Ended
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Mar. 31, 2025
COMMITMENTS |
COMMITMENTS | NOTE 15 – COMMITMENTS On July 5, 2021, The Company entered into an investment agreement with Chongqing Jintong Industrial Construction Investment Co., Ltd (“Chongqing Jintong”). The Company agreed to invest for the construction of a factory for manufacturing pig by-products in Chongqing Tongnan High Tech Industrial Zone. As of March 31, 2025, the Company has commitment to pay $1.3 million (RMB 9.1 million) under the investment agreement. Non-cancellable operating leases within one year The following table sets forth our contractual obligations as of March 31, 2025:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Total |  | 2025 |  | 2026
Operating lease commitments under lease agreements | ​ | $ | 44,919 | ​ | $ | 19,251 | ​ | $ | 25,668
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- Definition The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 440 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/440/tableOfContent + Details
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