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LEASE
 12 Months Ended
Dec. 31, 2025
Lease  
LEASE

8. LEASE

 

i) Operating Lease

 

In January 2025, the Company signed an office lease agreement with a third party for a period of three years, from April 14, 2025 to May 14, 2028, which will expire and terminate. The monthly rent for the first year is approximately RMB59,590 ($8,522) per month.

 

Supplemental balance sheet information related to operating lease was as follows:  

   2025   2024 
   As of December 31, 
   2025   2024 
Right-of-use assets  $71,751   $- 
           
Lease liabilities current   32,074    - 
Lease liabilities non-current   41,644    - 
Lease liabilities  $73,718   $- 

 

The components of lease expense for the years ended December 31, 2025, 2024 and 2023 were as follows:

  

             
   For the Years ended December 31, 
   2025   2024   2023 
Operating lease expense  $26,719    -    - 
Total lease expense  $26,719   $-   $- 

 

The following is a schedule, by years, of maturities of lease liabilities as of December 31, 2025:

  

    Operating leases  
2026     34,085  
2027     34,085  
2028     8,522  
Total future lease payments     76,692  
Less: imputed interest     (2,974 )
Present value of lease liabilities   $ 73,718  

 

Lease term and discount rate:

  

         
   For the Years ended December 31, 
   2025   2024 
Weighted-average remaining lease term (years)          
Operating leases   2.42    - 
           
Weighted-average discount rate          
Operating leases   3.50%   -