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Loan Payables
 3 Months Ended
Sep. 30, 2025
Loan Payables [Abstract]  
LOAN PAYABLES

NOTE 10 – LOAN PAYABLES

 

As of September 30, 2025, the short-term and long-term loan payables consisted of nine loans which mature on dates ranging from April 17, 2025 through June 13, 2027 with interest rates ranging from 3.00% to 5.00%. No. 1 below was collateralized by Tianjuyuan’s land use right and building ownership right and guaranteed by the cash deposit. No. 2 was guaranteed by Beijing Huaixin Surety Co. Ltd (“Huaixin”). No. 3 was guaranteed by Huaixin and Jinong. No.4 was collateralized by Kingtone Information’s building ownership right. No. 5 to 7 below were collateralized by Jinong’s land use right and building ownership right. No. 8 to 9 were collateralized by Kingtone Information’s building ownership right and guaranteed by the legal representative of Yuxing.

 

No.  Payee  Loan period per agreement  Interest Rate   September 30, 2025 
1  Beijing Bank -Pinggu Branch  June 16, 2025-June 16, 2026   3.20%   1,404,600 
2  Huaxia Bank -HuaiRou Branch  June 20, 2025-June 20, 2026   3.65%   1,404,600 
3  Pinggu New Village Bank  June 27, 2025-June 27, 2026   5.00%   983,220 
4  Industrial Bank Co. Ltd  July 5, 2024-July 4, 2026   3.55%   404,525 
5  Industrial Bank Co. Ltd  April 17, 2025-April 16, 2027   3.00%   955,128 
6  Xi’an Bank Co. Ltd  September 26, 2024-September 25, 2026   3.70%   1,264,140 
7  Xi’an Bank Co. Ltd  September 26, 2024-September 25, 2026   3.70%   1,334,370 
8  Chang’An Bank  June 14, 2024-June 13, 2027   4.00%   1,896,210 
9  Qinnong Bank  August 5, 2024-August 4, 2026   3.80%   2,528,280 
   Total          $12,175,073 

 

The interest expense from loans was $115,628 and $104,983 for the three months ended September 30, 2025 and 2024, respectively.