Company: SCAG
Filing Date: 2025-07-03
Form Type: 20-F
Source: 0001213900-25-061408
Chunk: 100

Company: Scage Future
Filing Date: 2025-07-03
Form: 20-F
Item: Item 7
Chunk 100
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ITEM 7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS
A. Major Shareholders
 
See “Item 6. Directors, Senior Management and Employees—E. Share Ownership.”
 
B. Related Party Transactions
 
Employment agreements and indemnification agreements
 
See “Item 6. Directors, Senior Management and Employees—A. Directors and Executive Officers—Employment Agreements and Indemnification Agreements.”
 
Other related party transactions
 
The following table sets forth significant related party transactions of Scage International during the periods indicated.
 

                                                                                                               For the six months ended          
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                                                                                                    December 31,                                 
Related parties   Nature                                                                        2024                        2023                 
                                                                                                    (US$)                                        
Mr. Chao Gao      Proceeds of loans from a related party                                                   153,243                        —      
                  Repayments of loan borrowed from a related party                                           9,580                        250,183
Mr. Jimin An      Expenses paid on behalf of the Company by a related party                                105,246                        —      
                  Advance to a related party for daily operation                                            76,219                        53,907 
                  Proceeds of loans from a related party                                                   445,888                        —      
                  Repayments of a loan from/to a related party                                             479,329                        —      
                  Collection of advance to a related party for daily operation                                   —                        249,160
Mr. Ziqian Guan   Reimbursement for expenses paid on behalf of the Company by a related party               75,726                        54,512 
                  Expenses paid on behalf of the Company by a related party                                 76,486                        91,804 
 
33

 

The following table sets forth significant related party transactions of Scage International during the fiscal years indicated.
 

                                                                                                                                               For the years ended           
                                                                                                                                                     June 30,                
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Related parties                                   Nature                                                                        2024                      2023               
                                                                                                                                    (US$)                                    
Mr. Chao Gao                                      Repayments of loan borrowed from a related party                                        454,645                     —      
                                                  Proceeds of loans from a related party                                                        —                     632,766
Mr. Jimin An                                      Collection of loan previously lent to a related party                                   242,530                     —      
                                                  Proceeds of loans borrowed from a related party                                         130,107                     —      
                                                  Repayments of loan borrowed from a related party                                         96