XML 47 R31.htm IDEA: XBRL DOCUMENT v3.25.1
Nature of Business and Organization (Tables)
12 Months Ended
Dec. 31, 2024
Nature of Business and Organization [Abstract]  
Schedule of Company's Principal Subsidiaries

As of December 31, 2024, the details of the Company’s principal subsidiaries are as follows:

 

Major subsidiaries   Percentage of
Ownership
  Date of
Incorporation
  Place of
Incorporation
  Major Operation
Powerbridge Holding Limited (“Powerbridge HK”)   100% by X3   July 27, 2018   Hong Kong, PRC   Investment holding
Hong Kong Hongyi Holdings Limited(“Hongyi”)   100% by X3   April 24, 2023   Hong Kong, PRC   Investment holding
Powercrypto Holding Pte. Ltd. (“Powercrypto”)   100% by X3   October 1, 2021   Singapore   Management consultancy services
Powercrypto Inc   100% by X3   April 5, 2022   USA   Management consultancy services
X3 HOLDINGS PTE. LTD. (“X3 HOLDINGS”)   100% by X3   November 8, 2023   Singapore   Investment holding
Powerbridge High Technologies Holding Co., Ltd   100% by X3   January 11, 2023   Macau   Investment holding
Powerbridge Technology Group Co., Ltd. (“Powerbridge Zhuhai”)   100% by
Powerbridge HK
  October 30, 1997   the PRC   Software application and technology services
Powerstream Supply Chain Co., Ltd. (“Powerstream”)   100% by
Powerbridge HK
  August 17, 2021   the PRC   Supply chain business
Powermeta Digital Co., Ltd. (“Powermeta”)   100% by
Powerbridge HK
  January 21, 2022   the PRC   Software application and technology services
Powerbridge Digital Trade (HK) Co., Limited   51% by
Powerbridge HK
  June 26, 2023   Hong Kong, PRC   Investment holding
SmartConn Co.Limited(“SmartConn”)   50.99% by
Powerbridge HK
  December 14, 2020   Hong Kong, PRC   Investment holding
Hong Kong Anxin Jieda Co., Limited (“Anxin Jieda”)   100% by Boxinrui   November 30, 2021   Hong Kong, PRC   Investment holding
Hongxi Data Technology Co., Ltd.   70% by
Powerbridge Zhuhai
  February 8, 2021   Macau   Software application and technology services
Zhuhai Hongyang Supply Chain Co., Ltd. (“Zhuhai Hongyang”)   60% by
Powerbridge Zhuhai
  July 21, 2021   the PRC   Supply chain business
Ningbo Zhijing Tongfu Technology Co., Ltd. (“Ningbo Zhijing”)   51% by
Powerbridge Zhuhai
  April 25, 2021   the PRC   software application and technology services
Metafusion Digital Co., Ltd (“Metafusion”)   66% by
Powermeta Digital
  February 15, 2022   the PRC   Software application and technology services
Shanghai Stamp Technolog Co., Ltd.   100% by SmartConn   December 9, 2018   the PRC   Software application and technology services
Ascendent Insight Education Co., Ltd. (“Ascendent”)   90% by Anxin Jieda   January 7, 2020   the PRC   Software application and technology services
Xingtai Ningyao Technology Co., Ltd.   100% by Ascendent   December 17, 2022   the PRC   Software application and technology services
Shenzhen Hongchuangxin Technology Co., Ltd.   100% by Hongyi   October 31, 2022   the PRC   Trading