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Related Party Balances and Transactions | 6 Months Ended
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Jun. 30, 2025
Related Party Balances and Transactions [Abstract] |
RELATED PARTY BALANCES AND TRANSACTIONS | 11. Related party balances and transactions Nature of relationships with related parties
Name |  | Relationship
Starlux Limited |  | A company under the control by Mr. Jordan Lee
LingXpert Language Services Limited (“Lingxpert”) |  | A wholly owned subsidiary of Starlux Limited
GreenIPO Limited |  | A wholly owned subsidiary of Lingxpert
Griffin Group Limited |  | A company under the control of Mr. Jordan Lee
YHY Holdings Limited |  | A company under the control of Mr. Jordan Lee
Ren Restaurants Limited |  | A company under the control of Mr. Jordan Lee
Amount due to related parties consist of the following:
|  | As of December 31, |  |  | As of June 30, |
|  | 2024 |  |  | 2025 |  |  | 2025 |
|  | HK$ |  |  | HK$ |  |  | US$ |
Due to ultimate controlling shareholders |  |  | 11,558,995 |  |  |  | 9,545,479 |  |  |  | 1,216,000 |
Total |  |  | 11,558,995 |  |  |  | 9,545,479 |  |  |  | 1,216,000 |
The amounts due to the related parties are unsecured, interest free with no specific repayment terms. The amount is of non-trade nature. The related party balances included in accounts payable:
|  | As of December 31, |  |  | As of June 30, |
|  | 2024 |  |  | 2025 |  |  | 2025 |
|  | HK$ |  |  | HK$ |  |  | US$ |
Lingxpert |  |  | 16,568 |  |  |  | — |  |  |  | — |
Total |  |  | 16,568 |  |  |  | — |  |  |  | — |
The Company have the following significant related party transactions as follows:
|  | For the six-month periods ended June 30, |
|  | 2024 |  |  | 2025 |  |  | 2025 |
|  | HK$ |  |  | HK$ |  |  | US$ |
Other income – administrative service fee from: |  |  |  |  |  |  |  |  |
Lingxpert |  |  | 42,000 |  |  |  | 42,000 |  |  |  | 5,350 |
Green IPO Ltd |  |  | 36,000 |  |  |  | — |  |  |  | — |
Ren Restaurants Limited |  |  | 120,000 |  |  |  | 100,000 |  |  |  | 12,739 |
Total administrative service fee from related parties |  |  | 198,000 |  |  |  | 142,000 |  |  |  | 18,089 |
Translation cost to Lingxpert |  |  | 1,800,794 |  |  |  | 1,973,000 |  |  |  | 251,341 |
Remuneration to senior management, included in selling and marketing, and general administrative expenses, for the six-month periods ended June 30, 2024 and 2025 were:
|  | For the six-month periods ended June 30, |
|  | 2024 |  |  | 2025 |  |  | 2025 |
|  | HK$ |  |  | HK$ |  |  | US$ |
Salaries and other short term employee benefits |  |  | 5,255,916 |  |  |  | 2,896,850 |  |  |  | 369,031 |
Payments to defined contribution pension schemes |  |  | 36,000 |  |  |  | 36,000 |  |  |  | 4,588 |
Total |  |  | 5,291,916 |  |  |  | 2,932,850 |  |  |  | 373,619 |

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