RELATED PARTY TRANSACTIONS AND BALANCE

6 Months Ended

Jun. 30, 2026

RELATED PARTY TRANSACTIONS AND BALANCE

RELATED PARTY TRANSACTIONS AND BALANCE

12. RELATED PARTY TRANSACTIONS AND BALANCE

Name of Related Parties	Relationship with the Company
Chan Siu Hung	Chairman, Chief Executive Officer and Director of the Company
Related party A	An entity owned by our Chairman, Chief Executive Officer and Director of the Company
Related party B	An entity owned by our Chairman, Chief Executive Officer and Director of the Company

The Company rented office spaces from Related party A, with addresses as follow:

Property address	Leasing period	Monthly leasing fee
3/F, Mow Hing Industrial Building, 205 Wai Yip Street, Kwun Tong, Kowloon, Hong Kong	July 1, 2024 to June 30, 2025	$	1,278 (HK$10,000)
Room B3, Block B, 3/F, Mow Hing Industrial Building, 205 Wai Yip Street, Kwun Tong, Kowloon, Hong Kong	July 1, 2025 to June 30, 2027	$	1,917 (HK$15,000)

The Company purchases the trading goods and courier services from Related party B, amounting to $185,028 and $43,872 for the period ended June 30, 2026 and 2025, respectively.

Due to related party	As of June 30, 2026 (Unaudited)		As of December 31, 2025 (Audited)
Related party B– operating	$	165,364	$	65,412
Related party B– financing		-		12,848
Total	$	165,364	$	78,260

As of June 30, 2026, regarding the operating portion, the amounts due to related party B of $75,341 is trade in nature, interest-free, unsecured, and repayable on normal trade credit terms. The amounts due to related party B of $90,023 is non-trade in nature, interest-free, unsecured, and repayable on demand.