Company: EZOO
Filing Date: 2025-05-15
Form Type: 10-K
Source: 0001641172-25-010460
Chunk: 759

Company: Ezagoo Ltd
Filing Date: 2025-05-15
Form: 10-K
Item: Item 2
Chunk 759
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 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 owns by Mr. Xiaohao Tan. As of December 31, 2024 and 2023, the
Company has $ 327,505 and $336,840 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% owns by Mr. Xiaohao Tan. As of December 31, 2024
and 2023, related party N advanced $148,216 and $130,326 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 (formerly known as Hunan Little Penguin Culture Communication Co.,
Limited), which 95% and 5% of its equity is owns by related party J and Mr. Xiaohao Tan, respectively. As of December 31, 2024 and 2023,
related party N advanced $112,337 and $115,540 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 O is Hunan Yuancheng Shengwang Marketing Co., Limited, which 82% of its equity is owns by Mr. Hui Du, the sole owner of related
party B, instead of related party J since November 1, 2023, but it’s still significant influence by the Company as of the date
of this Report. As of December 31, 2024 and 2023, related party P advanced $0 and $31,450 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 P is Chen Zhang , who is the legal representative of Zhicheng Beijing Ezagoo Zhicheng Internet Technology Limited.December 31,
2024 and 2023, related party R advanced $260,213 and $0 to the Company as working capital, which is unsecured, interest-free with no
fixed payment term, for working capital purpose