Qian was appointed as the Chief Financial Officer of the Company on December 15, 2022. Mr. Qian has served as the financial controller of Shanghai Juhao Information Technology Co., Ltd., the operating variable interest entity of the Company from November 16, 2020 to December 14, 2022.

filing / Apr 30, 2026 / receipt

The decrease was primarily due to the decreased marketing and promotional activities as a result of our efforts to reduce expenses.

filing / Apr 30, 2026 / receipt

The management plans to take measures to reduce costs and gradually turn the company from the current loss into profit in next 1 to 2 years, such as reducing promotional expenses to increase gross profit, and reducing marketing expenses etc.

filing / Apr 30, 2026 / receipt

resulted in quarantines, travel restrictions, and the temporary closure of office buildings and facilities in China and in the U.S.

filing / Apr 30, 2026 / receipt

Shanghai, China, where we lease approximately 700 square meters of office space. We also have other material leases of an office space

filing / Apr 30, 2026 / receipt

We also have other material leases of an office space for approximately 5,976 square meters, a warehouse space for approximately 3,621 square meters and one Juhao Best Choice Store space for approximately 2,851 square meters in Chuangshu City, Jiangsu Province.

filing / Apr 30, 2026 / receipt