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Short Term Loan to Third Party
6 Months Ended 12 Months Ended
Mar. 31, 2025
Sep. 30, 2024
Short Term Loan to Third Party [Abstract]    
SHORT TERM LOAN TO THIRD PARTY

8. SHORT TERM LOAN TO THIRD PARTY

 

The Company signed a loan agreement with a third party Short Selling Capital Group Limited to provide short term loans on September 26, 2024. As of March 31, 2025 and September 30, 2024, the short-term loan to third party consists of the following:

 

Borrower  Annual
Interest
Rate
   Maturity  As of
March 31,
2025,
 
Short Selling Capital Group Limited   9.00%  09/26/2024  09/25/2025  $8,993,306 
Interest receivable from loan to third party              386,261 
Total             $9,379,567 

 

Borrower  Annual
Interest
Rate
   Maturity  As of
September 30,
2024,
 
Short Selling Capital Group Limited   9.00%  09/26/2024  09/25/2025  $410,000 
              $410,000 

 

The interest receivable from loan to third party was $386,261 and nil for the six months ended March 31,2025 and 2024.

8. SHORT TERM LOAN TO THIRD PARTY

 

The Company signed loan agreement with a third party Short Selling Capital Group Limited to provide short term loans on September 26, 2024. As of September 30, 2024, the short-term loans to third party consist of the following:

 

Borrower  Annual
Interest
Rate
   Maturity   As of
September 30,
2024,
 
Short Selling Capital Group Limited   9.00%   09/26/2024    09/25/2025   $410,000 
                  $410,000