Company: EZOO
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001493152-25-020156
Chunk: 63

Company: Ezagoo Ltd
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 8
Chunk 63
---
 1,616,016 to the Company as working capital and to pay administrative expenses, which is unsecured, interest-free with no fixed payment
term, for working capital purpose.

    F-12

EZAGOO
LIMITED

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

(Currency
expressed in United States Dollars (“US$”), except for number of shares)

Related
party J is Ruiyin (Shenzhen) Financial Leasing Limited. Ms. Weihong Wan is the Legal Company Representative of related party K. As of
June 30, 2025, and December 31, 2024, related party K advanced $37,646 and $36,989 to the Company as working capital and to pay administrative
expenses, which is unsecured, interest-free with no fixed payment term, for working capital purpose.

Related
party K is Ezagoo B&R (HongKong) Industry Development Group Limited, which is 100% owned by Mr. Xiaohao Tan. As of June 30, 2025,
and December 31, 2024, related party L advanced $20,893 and $20,893 to the Company as working capital and to pay administrative expenses,
which is unsecured, interest-free with no fixed payment term, for working capital purpose.

Related
party L is Hunan Ezagoo Film Co., Limited, which 85% of its equity is owned by Mr. Xiaohao Tan. As of June 30, 2025, and December 31,
2024, the Company has $333,318 and $327,505 previous years’ advertising production cost payable to related party M, which is unsecured,
interest-free with no fixed payment term.

Related
party M is Hunan Wancheng Xingyi Industrial Development Co., Limited, which is 100% owned by Mr. Xiaohao Tan. As of June 30, 2025, and
December 31, 2024, related party N advanced $139,904 and $148,216 to the Company as working capital and to pay administrative expenses,
which is unsecured, interest-free with no fixed payment term, for working capital purpose.

Related
party N is Changsha Little Penguin Culture Communication Co., Limited, which 95% and 5% of its equity is owned by related party J and
Mr. Xiaohao Tan, respectively. As of June