XML 52 R37.htm IDEA: XBRL DOCUMENT v3.25.1
Related Party Transactions (Tables)
 12 Months Ended
Dec. 31, 2024
Related Party Transactions [Abstract]  
Schedule of Balances Due with Related Parties

During 2024, the Company had the following related party transactions:

 

Name   Amount   Relationship   Note
Bauhinia Holdings (China) Limited   $ 46,036   A company controlled by the spouse of the Company’s controlling shareholder   Operating lease payments.

 

As of December 31, 2024, the Company had the following balances due with related parties:

 

Name   Amount   Relationship   Note
Everbright Digital Global Limited   $ 50,000   Immediate holding company   Unsecured interest free current account receivable, repayable on demand

 

During 2023, the Company had the following related party transactions:

 

Name   Amount   Relationship   Note
Bauhinia Holdings (China) Limited   $ 46,036   A company controlled by the spouse of the Company’s controlling shareholder   Operating lease payments.

 

As of December 31, 2023, the Company had the following balances due with related parties:

 

Name   Amount   Relationship   Note
Bauhinia Holdings (China) Limited   $ 7,673   A company controlled by the spouse of the Company’s controlling shareholder   Rental deposits paid
Everbright Digital Global Limited   $ 50,000   Immediate holding company   Unsecured interest free current account receivable, repayable on demand
Wai Fung Investment International Group   $ 53,708   A partnership established by the Company’s controlling shareholder and his mother, an executive director of the Company   Unsecured interest free current account payable, repayable on demand