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Related Party Balance and Transactions

12 Months Ended

Sep. 30, 2024

Related Party Balance and Transactions [Abstract]

Related Party Balance and Transactions

(8) Related Party Balance and Transactions

Other than the amount due to Mr. Shangzhao (Cizar) Hong, described below, we had no other related party transactions during the fiscal years ended September 30, 2024, 2023 and 2022.

The short-term loans due to Mr. Hong are to provide the Company’s working capital needs, and are interest-free, unsecured and repayable on demand.

As of September 30, 2024, 2023 and 2022, the outstanding balances due to Mr. Hong were as follows:

		Nature		2024				2023				2022
				US$				US$				US$
Shangzhao (Cizar) Hong		To meet Company’s working capital needs			-				-				989,373

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- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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