Related party transactions

12 Months Ended

Sep. 30, 2025

Related Party Transactions [Abstract]

Related party transactions

8. Related party transactions

On July 1, 2023, the Group and BEYEBE AI Technology Inc (“BEYEBE”), a related party under same shareholder, Weihong Du’s control of the Group, signed an agreement and the BEYEBE was going to pay all operating expenses for the Group until the end of the agreement when the Group will reimburse all payments made on behalf of the Group in a lump sum to BEYEBE. On December 31, 2023, the Group signed a loan agreement with BEYEBE for a 3 years credit loan of an aggregate principal amount not exceeding $1,000,000 on an interest rate of 7.5% per annum.

During the year ended September 30, 2025, the Group repaid the outstanding loan principal of US$481,788 to BEYEBE. As of September 30, 2025 and 2024, outstanding balance under this loan agreement was US$112,552 and US$214,748, with interest payable to BEYEBE of US$332 and US$14,281, respectively.

During the year ended September 30, 2025, the Group had entered into a License and Supply Agreement (“License Agreement”) with Shenzhen Beyebe Internet Technology Co. Limited (“SZ BEYEBE”), a related party under same shareholder, Weihong Du’s control of the Group. Pursuant to the terms of License Agreement, the Group granted to SZ BEYEBE the right to use and grant others a sublicense to use the Group’s Licensed Intellectual Property, as such term is defined in the License Agreement, and to use and sell the Group’s Licensed Products, as defined in the License Agreement, within mainland China, at a consideration of (i) a fixed license fee of US$300,000 for the first year and (ii) a royalty equal to 15% of the revenue generated by SZ BEYEBE from the distribution of the Licensed Products and Licensed Intellectual Property. The fixed license fee for each year thereafter will be such amount as is agreed upon by the parties. The License Agreement has a term which expires on December 31, 2040. Also, the Group had entered into a Technical Service Fee Agreement with SZ BEYEBE, pursuant to the terms of the agreement, the Group shall complete the technical development services for the “Online Monitoring System for Subway Driver Behavior” within the stipulated timeframe.

During the year ended September 30, 2025, fixed fee license revenue of US$282,000 (2024: US$Nil), royalty revenue of US$35,257   (2024: US$Nil) were arising from the License Agreement, and service fee revenue of US$46,469 (2024: US$Nil).

Weihong Du, one of the shareholders of the Group, entered into an employment contract with the Company. Pursuant to the employment contract date July 1, 2023, Mr. Du is entitled for an annual salary of US$60,000 for being the Chief Executive Officer of the Company.

Li’ou Xie, one of the shareholders of the Group, entered into a labor contract with the Group’s wholly-owned subsidiary, SGTCL, on January 1, 2024. Pursuant to the terms of the labor contract, Mr. Xie serves as the financial manager for a term of three years, concluding on December 31, 2026, at a monthly salary and bonus of RMB52,200 (approximately US$7,346).

The related party transactions of the Group are as follows:

	For the year ended September 30,
	2025		2024
	US$		US$
BEYEBE AI Technology Inc. (“BEYEBE”)
- Rental expense		—		3,985
- Interest expense		1,238		14,281
Shenzhen Beyebe Internet Technology Co. Limited (“SZ BEYEBE”)
- Fixed fee license revenue		282,000		—
- Royalty revenue		35,257		—
- Service Fee revenue		46,469		—
- Rental expense		16,766		12,844
-Purchase of Fixed Assets		18,682		—
Weihong Du
- Payroll expense		60,000		60,000
Li’ou Xie
- Payroll expense		88,419		67,108
Liumei Li
- Payroll expense		18,000		—

The balances with the related parties are as follows:

	As of September 30, 2025		As of September 30, 2024
	US$		US$
Weihong Du		—		13,836
Li’ou Xie		—		905
Less: allowance for credit losses		—		(295	)
Total amount due from shareholders, net		—		14,446
Weihong Du		760		—
Li’ou Xie		2,635		—
Total amount due to shareholders, net		3,395		—
BEYEBE		115,871		456,762
SZ BEYEBE		370,919		405,110
Liumei Li		7,293		—
Total amount due to related parties		494,083		861,872