As of

December 31, 2024

As of

December 31, 2024

ASSETS

CURRENT ASSETS

Cash

$

2,057,850

$

-

Restricted cash

503,544

-

Prepayments, net

23,625

Other receivables and other current assets, net

16,000

Loans to subsidiaries

1,214,729

Total current assets

3,815,748

-

OTHER ASSETS

Investment in subsidiary

13,685,903

15,828,953

Total non-current assets

13,685,903

15,828,953

Total assets

17,423,876

15,828,953

LIABILITIES AND SHAREHOLDERS’ EQUITY

COMMITMENTS AND CONTINGENCIES

SHAREHOLDERS’ EQUITY

Class A ordinary shares, $0.0001 par value, 100,000,000 shares authorized, 11,793,485 and 10,440,000 shares issued and outstanding as of December 31, 2024 and 2023, respectively

1,179

1,044

Class B ordinary shares, $0.0001 par value, 100,000,000 shares authorized, 4,560,000 shares issued and outstanding as of December 31, 2024 and 2023

456

Additional paid-in capital

3,135,124

332,574

Retained earnings

15,050,543

15,530,562

Statutory reserves

248,761

Accumulated other comprehensive loss

(1,012,187)

(284,444)

Total shareholders’ equity

17,423,876

15,828,953

Total liabilities and shareholders’ equity

$

17,423,876

$

15,828,953