RELATED PARTIES

9 Months Ended

Sep. 30, 2025

Related Party Transactions [Abstract]

RELATED PARTIES

NOTE 8 – RELATED PARTIES

Amount due to the related parties consisted of the following:

	September 30, 2025		December 31, 2024
		(Reclassified)		(Reclassified)
Related party A	$	45,952	$	44,365
Related party B		353,750		345,086
Related party C		22,637		22,083
Related party D		519,059		506,593
Related party E		5,846		4,796
Related party F		266,788		260,213
Related party G		254,514		248,281
Related party H		2,809		1,507
Related party I		2,036,889		1,616,016
Related party J		37,918		36,989
Related party K		20,893		20,893
Related party L		335,727		327,505
Related party M		146,426		148,216
Related party N		115,158		112,337
Total amount due to the related parties	$	4,164,366	$	3,694,880

Related Party A, Mr. Xiaohao Tan, the director of the Company. As of September 30, 2025, and December 31, 2024, advanced $45,952 and $44,365 to the Company, which is unsecured, interest-free with no fixed payment term, for working capital purpose.

Related party B is Changsha Boyi Zhicheng Management Consulting Co., Ltd. which is 100% owned by their legal representative, Mr. Hui Du, but it’s still significant influence by the Company as of the date of this Report. As of September 30, 2025, and December 31, 2024, related party B advanced $353,750 and $345,086 to the Company as working capital and to pay administrative expenses, which is unsecured, interest-free with no fixed payment term, for working capital purpose.

Related party C is Ms. Weihong Wan, Assistant and Secretary of Mr. Xiaohao Tan. Ms. Weihong Wan is a shareholder and Legal Company Representative of related party E, related party K and related party O. As of September 30, 2025, and December 31, 2024, related party C advanced $22,637 and $22,083 to the Company as working capital and to pay administrative expenses, which is unsecured, interest-free with no fixed payment term, for working capital purpose.

Related party D is Ms. Qianwen Zhang, the wife of Mr. Xiaohao Tan. Ms. Qianwen Zhang is also the Legal Company Representative of related party G. As of September 30, 2025, and December 31, 2024, related party D advanced $519,059 and $506,593 to the Company as working capital, which is unsecured, interest-free with no fixed payment term, for working capital purpose.

Related party E is Changsha Kexibeier E-commerce Limited, its Legal Company Representative is Ms. Weihong Wan. As of September 30, 2025, and December 31, 2024, related party E advanced $5,846 and $4,796 to the Company as working capital, which is unsecured, interest-free with no fixed payment term, for working capital purpose.

Related party F is Chen Zhang, who is the legal representative of Zhicheng Beijing Ezagoo Zhicheng Internet Technology Limited. September 30, 2025 and 2024, related party P advanced $266,788 and $260,213 to the Company as working capital, which is unsecured, interest-free with no fixed payment term, for working capital purpose.

Related party G is Kuaile Motors Camping Site Investment Development Limited. Mr. Xiaohao Tan and his wife, Ms Qianwen Zhang owned 86.95% and 8% of its equity, respectively. As of September 30, 2025, and December 31, 2024, related party G advanced $254,514 and $248,281 to the Company as working capital and to pay administrative expenses, which is unsecured, interest-free with no fixed payment term, for working capital purpose.

Related party H, Hunan Bright Lionrock Mountain Resort Limited, is owned by related party J, Beijing Ezagoo Industrial Development Group Holding Limited, and related party G, Hunan Kuaile Motors Camping Site Investment Development Ltd. with equity of 80% and 20%, respectively. As of September 30, 2025, and December 31, 2024, the amount of $2,809 and $1,507 due from the related party I, respectively. It was rent deposit to the related party with the lease period ended August 1, 2024.

Related party I is Beijing Ezagoo Industrial Development Group Holding Limited. Its two main equity owners are related party N and Mr. Xiaohao Tan with equity of 21.42% and 71.85%, respectively. As of September 30, 2025, and December 31, 2024, related party J advanced $2,036,889 and $ 1,616,016 to the Company as working capital and to pay administrative expenses, which is unsecured, interest-free with no fixed payment term, for working capital purpose.

EZAGOO LIMITED

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

(Currency expressed in United States Dollars (“US$”), except for number of shares)

Related party J is Ruiyin (Shenzhen) Financial Leasing Limited. Ms. Weihong Wan is the Legal Company Representative of related party K. As of September 30, 2025, and December 31, 2024, related party K advanced $37,918 and $36,989 to the Company as working capital and to pay administrative expenses, which is unsecured, interest-free with no fixed payment term, for working capital purpose.

Related party K is Ezagoo B&R (HongKong) Industry Development Group Limited, which is 100% owned by Mr. Xiaohao Tan. As of September 30, 2025, and December 31, 2024, related party L advanced $20,893 and $20,893 to the Company as working capital and to pay administrative expenses, which is unsecured, interest-free with no fixed payment term, for working capital purpose.

Related party L is Hunan Ezagoo Film Co., Limited, which 85% of its equity is owned by Mr. Xiaohao Tan. As of September 30, 2025, and December 31, 2024, the Company has $335,727 and $327,505 previous years’ advertising production cost payable to related party M, which is unsecured, interest-free with no fixed payment term.

Related party M is Hunan Wancheng Xingyi Industrial Development Co., Limited, which is 100% owned by Mr. Xiaohao Tan. As of September 30, 2025, and December 31, 2024, related party N advanced $146,426 and $148,216 to the Company as working capital and to pay administrative expenses, which is unsecured, interest-free with no fixed payment term, for working capital purpose.

Related party N is Changsha Little Penguin Culture Communication Co., Limited, which 95% and 5% of its equity is owned by related party J and Mr. Xiaohao Tan, respectively. As of September 30, 2025, and December 31, 2024, related party N advanced $115,158 and $112,337 to the Company as working capital and to pay administrative expenses, which is unsecured, interest-free with no fixed payment term, for working capital purpose.