Company: YSXT
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001410578-25-001545
Chunk: 257

Company: YSX Tech Co., Ltd
Filing Date: 2025-07-31
Form: 20-F
Item: Item 19
Chunk 257
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 36,591,586 2,936,083 2,554,628 42,082,297
Gross profit 5,847,050 601,584 702,616 7,151,250
Operating expenses 1,282,337 106,895 98,422 1,487,654
Income from operations 4,564,713 494,689 604,194 5,663,596
Income tax provision 892,369 74,387 68,491 1,035,247
Net income 4,227,655 352,415 324,480 4,904,550
Depreciation 22,964 1,914 1,763 26,641
Capital expenditure 1,706,905 142,287 131,008 1,980,200
Total reportable assets $ 17,898,777 $ 1,492,035 $ 1,373,764 20,764,576

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NOTE 13 - SUBSEQUENT EVENTS

In connection with the RMB8million (approximately $1,102,429) loan that Xihang borrowed from CCB as working capital, on April 8, 2025, Xihang repaid RMB1.0million (approximately $137,804) to CCB (see Note 6).

On June 11, 2025, Xinjiang YSX repaid RMB2million loan to CCB immediate before the loan maturity date and entered new loan agreement with CCB to borrow the RMB2million (approximately $275,607) loan as working capital for an additional year, with a loan maturity date on June 11, 2026 and an effective interest rate of3.96% per annum.

The Company has performed an evaluation of subsequent events through July 31, 2025, which was the date of the consolidated financial statements were issued, and determined that no other events that would have required adjustment or disclosure in the consolidated financial statements.

NOTE 14 - CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY

Rule 12-04(a), 5-04(c) and 4-08(e)(3) of Regulation S-X require the condensed financial information of the parent company to be filed when the restricted net assets of consolidated subsidiaries exceed 25% of consolidated