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RELATED PARTY TRANSACTIONS | 3 Months Ended
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Mar. 31, 2025
Related Party Transactions [Abstract] |
RELATED PARTY TRANSACTIONS | NOTE 10 – RELATED PARTY TRANSACTIONS On September 25, 2012, the Company purchased five floors of a commercial building in the PRC, through SYCI, from Shandong Shouguang Vegetable Seed Industry Group Co., Ltd. (the “Seller”) at a cost of approximately $5.7 million in cash, of which Mr. Ming Yang, who was the Chairman of the Company then, had a 99% equity interest in the Seller. During the first quarter of 2018, the Company entered into an agreement with the Seller, a related party, to provide property management services for an annual amount of approximately $86,911 for five years from January 1, 2023 to December 31, 2027. The expense associated with this agreement for the three months ended March 31, 2025 and 2024 was approximately $21,728 and $21,982. NOTE 10 – RELATED PARTY TRANSACTIONS – Continued
| a) | Related parties
Name of related parties | Position
Yang Ming | Chairman Of the Board
Liu XiaoBin | Chief Executive Officer
Li Min | Chief Financial Officer
Miao NaiHui | Chief Operating Officer
Chengdu Dianjinshi Culture media Co., LTD | Affiliated with company officers
b)
|  | March 31, |  | December 31,
|  | 2025 |  | 2024
Amount due to related parties: |  |  |  |  |  |  |  |
Yang Ming |  | $ | 410,940 |  |  | $ | 410,350 |
Liu XiaoBin |  |  | 887,214 |  |  |  | 887,214 |
Li Min |  |  | 651,502 |  |  |  | 636,264 |
Miao NaiHui |  |  | 636,766 |  |  |  | 650,980 |
Total |  | $ | 2,586,422 |  |  | $ | 2,584,808 |
c)
|  | March 31, 2025 |  | December 31, 2024
Due from related party: |  |  |  |  |  |  |  |
Chengdu Dianjinshi Culture media Co., LTD |  | $ | 25,076 |  |  | $ | 25,040 |
Total |  | $ | 25,076 |  |  | $ | 25,040 |

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