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Related Party Balances and Transactions (Tables)
6 Months Ended
Jun. 30, 2025
Related Party Balances and Transactions [Abstract]  
Schedule of Related Parties

The relationship of related parties

 

Name of Related Party   Relationship to the Group
Stewart Lor   Co-CEO
Ban Lor   Co-founder, Co-CEO’s brother
Yuxia Xu   CFO
Phillip Tao Qiu   Independent Director
Xiaoyan Liu   Shareholder of Ascendent
Zhongchuan Dadi (Beijing) Technology Co., LTD   Shareholder of Ascendent
Due from related parties
   June 30,
2025
   December 31,
2024
 
Ban Lor  $6,678   $13,700 
Stewart Lor   290,257    348,714 
Yuxia Xu   105,715    60,700 
Phillip Tao Qiu   210,973    470,931 
Xiaoyan Liu   3,434    3,370 
Subtotal  $617,057   $897,415 

 

(1) From time to time, the Group advances funds to senior management, mainly for expanding oversea business purpose.
Due to a related party
   June 30,
2025
   December 31,
2024
 
Zhongchuan Dadi (Beijing) Technology Co., LTD  $222   $218 

 

(1) The above balance represent unpaid expenses to the related party.

 

Related party transactions

 

      For the Six Months Ended
June 30,
 
      2025   2024 
Stewart Lor  Interest income  $7,959   $8,003 
Yuxia Xu  Interest income  $
-
   $6,998