12.
RELATED PARTY TRANSACTIONS AND BALANCES
The
amount due from related parties consisted of the following:
| | | | | As of September 30, | | | Name | | Relationship with the Company | | 2025 | | | 2025 | | | 2024 | | | | | | | HK$ | | | US$ | | | HK$ | | | Wittelsbach Group Holding Limited | | Shareholder | | | 51 | | | | 7 | | | | 51 | | | Hanoverian International Group Limited | | Shareholder | | | 22 | | | | 3 | | | | 22 | | | Zihua Shengshi Holding Group Limited | | Shareholder | | | 19 | | | | 3 | | | | 19 | | | Tsang Chun Ho | | Shareholder | | | 3 | | | | — | | | | 3 | | | Leung Ka Fai | | Shareholder | | | 3 | | | | — | | | | 3 | | | XU Qinxiang | | Shareholder | | | 2 | | | | — | | | | 2 | | | ChainGate AI Limited | | Common director | | | 42,700 | | | | 5,488 | | | | 42,700 | | | | | | | | 42,800 | | | | 5,501 | | | | 42,800 | |
The
amount due from related parties are unsecured, interest-free and repayable on demand.
The
amount due to directors consisted of the following:
| | | | | As of September 30, | | | Name | | Relationship with the Company | | 2025 | | | 2025 | | | 2024 | | | | | | | HK$ | | | US$ | | | HK$ | | | Leung Tsz Him | | CEO of our Company | | | 1,921,206 | | | | 246,913 | | | | 961,197 | | | Choi Tan Yee | | CFO of our Company | | | 34,459 | | | | 4,429 | | | | 28,459 | | | | | | | | 1,955,665 | | | | 251,342 | | | | 989,656 | |
The
amount due to directors are unsecured, interest-free and repayable on demand.
In
addition, the Company had the following transactions with related parties:
| | | Relationship | | | | For the year ended September 30, | | | Name | | with the Company | | Nature | | 2025 | | | 2025 | | | 2024 | | | 2023 | | | | | | | | | HK$ | | | US$ | | | HK$ | | | HK$ | | | ProAlgories Limited | | Controlled by the Company’s CEO’s spouse | | (System development service revenue)/ Management fee | | | — | | | | — | | | | — | | | | 110,000 | | | Simplus IO Limited | | Controlled by the Company’s CEO | | Management fee | | | — | | | | — | | | | 252,000 | | | | 435,000 | | | Fuchsia Capital Limited | | Owned by the Company’s Executive Director | | NFT-related services income | | | — | | | | — | | | | — | | | | 1,410,000 | | | Rainbow Capital (HK) Limited | | Owned by the Company’s CFO | | Listing expenses | | | — | | | | — | | | | — | | | | 2,300,000 | | |