Company: AOAO
Filing Date: 2025-10-16
Form Type: S-1/A
Source: 0001493152-25-018240
Chunk: 120

Company: Alpha One Inc.
Filing Date: 2025-10-16
Form: S-1/A
Chunk 120
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ai Yu, a related party. The maturity date is on January 20, 2026.

In February 2024, the Company obtained a loan in the principal amount of RMB1,000,000 (approximately $138,498 when borrowed) from WeBank, which bears interest at 16.70%. The loan is guaranteed by Xiaocai Yu, a related party. The maturity date is on January 20, 2027.

In February 2024, the Company obtained a loan in the principal amount of RMB817,142.84 (approximately $114,013 when borrowed) from WeBank, which bears interest at 15.05%. The loan is guaranteed by Xiaocai Yu, a related party. The maturity date is on January 20, 2027.

In March 2024, the Company obtained a loan in the principal amount of RMB3,000,000 (approximately $415,494 when borrowed) from SPD Bank, which bears interest at 4.45%. The loan is guaranteed by Xiaocai Yu, a related party. The maturity date is on March 29, 2025. The loan is in the processing of extension.

In August 2024, the Company obtained a loan in the principal amount of RMB3,000,000 (approximately $427,464 when borrowed) from Industrial and Commercial Bank of China, which bears interest at 3.65%. The loan is guaranteed by Xiaocai Yu, a related party. The maturity date is on August 28, 2025.

In November 2024, the Company obtained a loan in the principal amount of RMB2,450,000 (approximately $337,436 when borrowed) from Bank of China, which bears interest at 3.00%. The loan is guaranteed by Xiaocai Yu, a related party. The maturity date is on November 7, 2025.

The balance of the loans borrowed as of March 31, 2025 and 2024 was as follows:

|                                          |     | As of March 31, |      2025 |     |   |      2024 |
|:-----------------------------------------|:----|:----------------|----------:|:----|:--|----------:|
| Bank loan from the Bank of China         |     | $               |   334,681 |     | $ |   414,109 |
| Bank of Communications                   |     |                 |         - |     |