Company: ATMCW
Filing Date: 2025-11-17
Form Type: DEFM14A
Source: 0001493152-25-023842
Chunk: 340

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-17
Form: DEFM14A
Chunk 340
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 of its offices, utilities and personnel. An administration fee of $30,000 was recorded for both the quarters ended June 30, 2025 and 2024. As of June 30, 2025 and December 31, 2024, administration fees of $180,000 and $120,000, respectively, were included in Due to Related Parties and remained outstanding.

| 188 |

HCYC Relationships and Related Party Transactions

Item 7.B of Form 20-F requires foreign private issuers to disclose certain transactions and loans between the company and related parties for the previous three financial years:

| ● | Transactions                                                                                                
 that are material to the company or the related party, or any transactions that are unusual                 
 in their nature or conditions; and                                                                          |
| ● | The                                                                                                         
 amount of outstanding loans made by the company, its parent, or any of its subsidiaries to a related party. |

Nature of relationships with related parties

| Name                                         |     | Relationship                                                                       
 with the Company                                                                   |
| Ms.                                          
 Xiameng Ding                                 |     | The                                                                                
 Company’s controlling shareholder and chairman of the Company’s Board of Directors |
| Mr.                                          
 Kwok Wai Man                                 |     | Chief                                                                              
 Executive Officer of HCYC HK                                                       |
| Mihoshi                                      
 Technology Group (Hong Kong) Company Limited |     | Controlled                                                                         
 by Ms. Xiameng Ding                                                                |
| Summit                                       
 Planned Limited                              |     | Mr.                                                                                
 Kwok Wai Man worked as a director until April 29, 2022                             |

Related parties’ transaction balances

|                                                      | Name |   | March 31, 2025 |     |   | March 31, 2024 |
|:-----------------------------------------------------|:-----|:--|---------------:|:----|:--|---------------:|
| Non-interest-bearing borrowings (1)                  |      |   |                |     |   |                |
| Ms. Xiameng Ding                                     |      | $ |        929,224 |     | $ |        582,471 |
| Mr. Kwok Wai Man                                     |      |   |          4,260 |     |   |          5,037 |
|                                                      |      | $ |        933,484 |     | $ |        587,508 |
| Payable to related party related to referral service |      |   |                |     |   |                |
| Mr