Item 2. Properties
Item 2. Properties
We currently maintain our
principal executive office at 16F, Shihao Square, Middle Jiannan Blvd., High-Tech Zone, Chengdu, Sichuan, People’s Republic of
China 610000, comprising an aggregate of 143 square meters under a lease agreement that expires on June 30, 2026 with a rent-free period
from January 2026 to June 2026.
We maintain another office
for our Automobile Transaction and Related Services in the city of Changsha, China, comprising an aggregate of 650 square meters. We
lease the office for a monthly rent of approximately $3,600 under a lease agreement that expired in May 2025. The Company had signed
a renewal lease agreement subsequently on April 21, 2025 with lease term started from June 1, 2025 to May 31, 2027.
We also lease a parking lot
for automobiles in Changsha, with an area of 900 square meters and the monthly rent for the parking lot is approximately $700, with a
lease term started from May 1, 2026 to October 31, 2026.
We consider our current
facilities adequate for our current operations.
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