Company: JSKJ
Filing Date: 2025-11-17
Form Type: F-1
Source: 0001477932-25-008401
Chunk: 176

Company: Jiansu (Shanghai) Information Technology Co., Ltd
Filing Date: 2025-11-17
Form: F-1
Chunk 176
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, and exercises voting and dispositive power over the securities held by Jiansu Holding Limited. The address of Jiansu Holding Limited is Unit 1203, One Capital Place, 64 Harbour Drive, George Town, Grand Cayman, KY1-9005, Cayman Islands. |

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<div align='center'>RELATED PARTY TRANSACTIONS</div>

Before the completion of this offering, we intend to adopt an audit committee charter, which will require the committee to review all related-party transactions on an ongoing basis and all such transactions be approved by the committee.

Set forth below are the related party transactions of our company that occurred during the past three fiscal years up to the date of this prospectus.

Loans to Related Party

As of June 30, 2024, 2023 and 2022, the Company had outstanding working capital loan to Simple Plastic, which is majority owned by Dejun Wang, a former shareholder of Shanghai Jiansu and a shareholder of the Company, in the aggregate amounts of $22,361,363, $11,206,732 and nil, respectively. The loans were due on demand and with borne interest rates ranging from 3.65% to 3.85%. The Company recognized interest income of $592,581, $272,083 and nil on the loan to Simple Plastic for the fiscal year ended June 30, 2024 and 2023, respectively. The Company received full repayment of these loans of $22,361,363 from Simple Plastic as of December 31, 2024. The largest amount outstanding were $24,752,421, $20,970,748 and nil during the years ended June 30, 2024, 2023, and 2022, respectively.

As of June 30, 2022, the Company had outstanding advances for working capital purpose in the aggregate amount of $365,270 from Simple Plastic. The advances were due on demand and interest free. The Company had repaid all the advances of $365,270 during the fiscal year ended Jue 30, 2023. The largest amount outstanding were nil, and $365,270 during the year ended June 30, 2024, 2023, respectively.

As of June 30, 2022, the Company had outstanding working capital loan to in Jensu Net (Shanghai) Supply Chain Management Co., Ltd (“Jensu SH”), which is majority owned by Dejun Wang, in