The decrease was primarily driven by lower travel expenses and freight costs, reflecting a modest decline in sales activities during the year ended June 30, 2025.

filing / Oct 15, 2025 / receipt

In addition, non-employee directors are entitled to receive compensation for their actual travel expenses for each board of directors meeting attended.

filing / Oct 15, 2025 / receipt

Consequently, our primary clients, domestic oil companies, have experienced declining performance and have adopted more cautious and cost - conscious approaches to capital expenditures and expense management.

filing / Oct 15, 2025 / receipt

Such plan will require the hiring of additional resources and the deployment of other corporate resources for the accounting department in relation to the financial reporting process and internal audit department.

filing / Oct 15, 2025 / receipt

Leases from related parties - The Company has various agreements for the lease of office space owned by the Founders and their family members.

filing / Oct 15, 2025 / receipt

Mr. Yin Shenping | 55 | Chief Executive Officer and Director

filing / Oct 15, 2025 / receipt

Ms. Liu Jia | 42 | Chief Financial Officer and Director

filing / Oct 15, 2025 / receipt

Mr. Chen Guangqiang | 62 | Chief Technology Officer, Chairman and Director

filing / Oct 15, 2025 / receipt

Mr. Hu Zhongchen | 72 | Independent Director

filing / Oct 15, 2025 / receipt

Mr. Nelson N.S. Wong | 63 | Independent Director (Audit Committee Chair)

filing / Oct 15, 2025 / receipt

Mr. Hu Jijun | 60 | Independent Director

filing / Oct 15, 2025 / receipt

Dr. Duan Yonggang | 61 | Independent Director

filing / Oct 15, 2025 / receipt