RELATED PARTIES TRANSACTIONS

3 Months Ended

Mar. 31, 2026

Related Party Transactions [Abstract]

RELATED PARTIES TRANSACTIONS

7. RELATED PARTIES TRANSACTIONS

The table below sets forth the related parties and their relationships with the Company as of December 31, 2026 and 2025:

Name of related parties	Relationship with the Company
Yu Yang (“Mr. Yang”)	Controlling shareholder
Jiaocheng Xinmu Trade Co., Ltd	Controlled by Mr. Yang
All Weather (Hainan) Network Sports Co., Ltd	Controlled by Mr. Yang
Taiyuan Tuohang Logistics Co., Ltd	Controlled by Mr. Yang
Shanxi Xiliu Catering Management Co., Ltd	Controlled by Mr. Yang
Shanxi Qiansui Fighting Co., Ltd.	Controlled by Mr. Yang

The related party balances and transactions as of and for the years ended December 31, 2026 and 2025 are as follows:

Amounts due to related parties:

		As of March 31,		As of December 31,
		2026		2025
Yu Yang	(a)	$	611,856	$	607,712
Jiaocheng Xinmu Trade Co., Ltd	(b)		1,867,830		2,442,543
Taiyuan Tuohang Logistics Co., Ltd	(c)		323,787		280,086
Shanxi Qiansui Fighting Co., Ltd.	(c)		816,705		52,194
		$	3,620,178	$	3,382,535

(a) Amounts due to Yu Yang represent payments made to vendors on behalf of the Company for operational purposes. During the three months ended March 31, 2026 and 2025, apart from the exchange differences arising from the translation of RMB balances into U.S. dollar at year-end exchange rates, Yu Yang had paid the operation and administration expenses on behalf of the Company in an aggregate amount of $4,082 and $ 93,295, respectively.

(b) Amounts due to Jiaocheng Xinmu Trade Co., Ltd (“Jiaocheng Xinmu”) represent operational advances to the Company. On June 30, 2024, the Company, Shanxi Qiansui Fighting Co., Ltd. and Jiaocheng Xinmu executed a netting arrangement to offset related party balances, reducing the amount due to $2,346,889. During the three months ended March 31, 2025, apart from the foreign currency translation adjustments, no advances or repayments were made. During the three months ended March 31, 2026, the Company received net payments of $259,629 from Jiaocheng Xinmu (excluding exchange differences). On March 31, 2026, the Company entered into a subsequent multi-party netting agreement with Shanxi Xiliu Catering Management Co., Ltd. and Jiaocheng Xinmu to settle outstanding related party balances, reducing the aggregate net outstanding balance to $1,867,830.

(c) Amounts due to Taiyuan Tuohang Logistics Co., Ltd and Shanxi Qiansui Fighting Co., Ltd. represent payments made on behalf of the Company for operational purposes.

Related party transactions:

During the three months ended March 31, 2026 and 2025, there were advances, payments and settlements made between the related parties and the Company as described above. In addition, during the three months ended March 31, 2026, the Company had no product sales to All Weather (Hainan) Network Sports Co., Ltd.