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Long-term loans (Tables) | 12 Months Ended
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Dec. 31, 2025
Long-term Loans |
Schedule of long term loans | Schedule of long term loans
Type of loans |  | Period and payment term |  | Effective interest rate |  |  | Collateral |  | As of December 31, 2025 |
Bank loans - secured |  | Borrowing period is from September 01, 2023 to September 01, 2027; interest is repayable monthly; principal is repayable monthly |  |  | 2.22 | % |  | Restricted deposit |  |  | 371,906 |
Bank loans - secured |  | Borrowing period is from September 06, 2024 to September 06, 2029; interest is repayable monthly; principal is repayable monthly |  |  | 3.00 | % |  | Restricted deposit |  |  | 365,253 |
Bank loans - secured |  | Borrowing period is from January 22, 2025 to January 22, 2028; interest is repayable monthly; principal is repayable monthly |  |  | 2.46 | % |  | Restricted deposit |  |  | 332,058 |
Bank loans - secured |  | Borrowing period is from March 31, 2025 to March 31, 2030; interest is repayable monthly; principal is repayable monthly after a 12-month grace period |  |  | 2.22 | % |  | Restricted deposit |  |  | 468,919 |
Other loans - unsecured |  | Borrowing period is from January 9, 2025 to July 10, 2026; interest is repayable monthly; principal is repayable monthly |  |  | 8.08 | % |  | Guaranteed by the Chairman of the Board, Mr. Jing-Bin Chiang |  |  | 114,122 |
Loans |  |  |  |  |  |  |  |  |  | $ | 1,652,258 |
Less: Current portion |  |  |  |  |  |  |  |  |  |  | (624,620 | )
Long-term bank loans |  |  |  |  |  |  |  |  |  | $ | 1,027,638 |
Type of loans |  | Period and payment term |  | Effective interest rate |  |  | Collateral |  | As of December 31, 2024 |
Bank loans - secured |  | Borrowing period is from March 16, 2022 to September 16, 2025; interest is repayable monthly; principal is repayable monthly |  |  | 3.53 | % |  | Restricted deposit |  |  | 42,478 |
Bank loans - secured |  | Borrowing period is from September 01, 2023 to September 01, 2027; interest is repayable monthly; principal is repayable monthly |  |  | 2.22 | % |  | Restricted deposit |  |  | 559,115 |
Bank loans - unsecured |  | Borrowing period is from September 09, 2024 to August 06, 2029; interest is repayable monthly; principal is repayable monthly |  |  | 3.00 | % |  | None |  |  | 436,175 |
Loans |  |  |  |  |  |  |  |  |  | $ | 1,037,768 |
Less: Current portion |  |  |  |  |  |  |  |  |  |  | (42,478 | )
Long-term bank loans |  |  |  |  |  |  |  |  |  | $ | 995,290 |

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