XML 48 R37.htm IDEA: XBRL DOCUMENT v3.25.3
RELATED PARTIES TRANSACTIONS (Details - Due to related parties) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Related Party Transaction [Line Items]          
Amounts due to related parties $ 3,268,435   $ 3,268,435   $ 2,905,364
Proceeds from related party     298,904 $ 221,592  
Yu Yang [Member]          
Related Party Transaction [Line Items]          
Amounts due to related parties [1] 582,992   582,992   441,151
Yu Yang [Member] | Operating Expense [Member]          
Related Party Transaction [Line Items]          
Proceeds from related party 24,428 $ 24,438 141,734 140,808  
Jiaocheng Xinmu Trade Co Ltd [Member]          
Related Party Transaction [Line Items]          
Amounts due to related parties [2] 2,449,337   2,449,337   2,346,889
Taiyuan Tuohang Logistics Co Ltd [Member]          
Related Party Transaction [Line Items]          
Amounts due to related parties [3] 236,106   236,106   $ 117,324
Taiyuan Tuohang Logistics Co Ltd [Member] | Operating Expense [Member]          
Related Party Transaction [Line Items]          
Proceeds from related party 38,925 40,506 114,236 80,784  
Repaid from related party 0 $ 0 0 $ 37,817  
Jiaocheng Xinmu [Member]          
Related Party Transaction [Line Items]          
Proceeds from related party $ 42,934   42,934    
Shanxi Xiliu [Member]          
Related Party Transaction [Line Items]          
Repaid from related party     $ 1,695,750    
[1] Amounts due to Yu Yang represent payments made to vendors on behalf of the Company for operational purposes. During the three and nine months ended September 30, 2025 and 2024, apart from the exchange differences arising from the translation of RMB balances into U.S. dollar at period-end exchange rates, Mr. Yang had paid the operation and administration expenses on behalf of the Company in an aggregate amount of $24,428, $24,438, $141,734 and $140,808, respectively.
[2] Amounts due to Jiaocheng Xinmu Trade Co., Ltd represent advances made to the Company for operational purposes. Apart from the exchange differences arising from the translation of RMB balances into U.S. dollar at period-end exchange rates, during the three and nine months ended September 30, 2025, Jiaocheng Xinmu made an advance of $42,934 and $42,934 to the Company, respectively. On June 30, 2024, the Company, Shanxi Xiliu and Jiaocheng Xinmu made an arrangement to legally offset the Company’s receivable from Shanxi Xiliu with the payable to Jiaocheng Xinmu in the amount of $1,695,750 (the “Netting Arrangement”).
[3] Amounts due to Taiyuan Tuohang Logistics Co., Ltd represent payments made on behalf of the Company for operational purposes. During the three and nine months ended September 30, 2025 and 2024, apart from the exchange differences arising from the translation of RMB balances into U.S. dollar at period-end exchange rates, Taiyuan Tuohang had paid the operation and administration expenses on behalf of the Company in an aggregate amount of $38,925, $40,506, $114,236 and $80,784, respectively. In addition, the Company repaid Taiyuan Tuohang in an aggregate amount of $nil, $nil, $nil and $37,817, respectively.