Company: YSXT
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001410578-25-001545
Chunk: 244

Company: YSX Tech Co., Ltd
Filing Date: 2025-07-31
Form: 20-F
Item: Item 19
Chunk 244
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 or decreases in unrecognized tax benefits in the next twelve months from March 31, 2025. The Company continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. As of March 31, 2025 and 2024, all of the tax returns of the Company’s PRC subsidiaries, VIEs and subsidiaries of the VIEs remain available for statutory examination by PRC tax authorities.

F-27

Table of Contents

NOTE 8 - RELATED PARTY TRANSACTIONS
a. Nature of relationships with related parties
Name Relationship with the Company
Mr. Jie Xiao Chairman of the Board, Chief Executive Officer (“ CEO”) of the Company
Ms. Meiqi Chen One of the shareholders of Xinjiang YSX
Mr. Bin Wang Supervisor of Anjielun, Xinjiang YSX and Guangdong Hengding Technology Co., Ltd. (“ Hengding”)
Ms. Ruomei Wu Largest shareholder of Xihang
Mr. Yizhuo Tan Director of Xinjiang YSX and also one of the shareholders of Xinjiang YSX
Guangzhou Yinqi Refrigeration Decoration Engineering Co., Ltd. (“ Guangzhou Yinqi”) Mr. Yizhuo Tan holds 40% ownership interest in this entity and also is the general manager, executive director and legal representative of this entity
Chongqing Yinzhi Business Service Co. Ltd. (“ Chongqing Yinzhi”) Mr. Yizhuo Tan is the legal representative, executive director and general manager of this entity
Guangzhou Dayong Insurance Agency Co. Ltd. (“ Dayong”) An entity affiliated with one of the shareholders of Xinjiang YSX, Ms. Qian Zeng
Mr. Geran Xiao Chief Financial Officer (“ CFO) of the Company and one of the shareholders of Xinjiang YSX
Guangzhou Tea Source Technology Co. Ltd. (“ Tea Source”) An entity controlled by Mr. Geran Xiao
Guangzhou Auto Service Technology Co., Ltd. (“ GZ Auto Service”) Ms. Meiqi Chen holds 40% ownership interest in this entity and also is the supervisor of this entity
b. Revenue and accounts receivable by related parties
Revenue and accounts receivable from related parties consists of the following:
Revenue
For the years ended March 31,
Name Nature of service contract 2025 2024 2023
Guangzhou Dayong Insurance Agency Co. Ltd. (“ Day