Company: YSXT
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001410578-25-001545
Chunk: 234

Company: YSX Tech Co., Ltd
Filing Date: 2025-07-31
Form: 20-F
Item: Item 19
Chunk 234
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W”)                 (2)                                   —                112,170    
  Bank of Communications                (3)                           1,102,429                —          
  China CITIC Bank                      (4)                           1,378,037                —          
  Total short-term loans                         $                    4,131,354      $         1,563,452  

(1)On May 15, 2023, Xinjiang YSX entered into a loan agreement with CCB to borrow the RMB2million (approximately $275,607) loan as working capital forone year, with a loan maturity date on May 15, 2024, and an effective interest rate of3.95% per annum. On May 7, 2024, 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 May 7, 2025 and an effective interest rate of3.95% per annum.

On June 8, 2023, Xinjiang YSX entered into another short-term loan agreement with CCB to borrow an aggregate of RMB2million (approximately $275,607) as working capital forone year, with original loan maturity date on June 8, 2024 and effective interest rate of3.86% per annum. There was no collateral and other loan covenant requirement on these loans. Upon maturity of the loan, on June 7, 2024, Xinjiang YSX renewed this loan with CCB to extend the loan maturity date to June 7, 2025, with effective interest rate of3.86% per annum. The loan was fully repaid.

F-22

Table of Contents

On June 14, 2024, Xinjiang YSX entered into a new agreement with CCB to borrow RMB2million (approximately $275,607) as working capital forone year, with the loan maturity date to June 14, 2025. The loan bears variable interest rates based on the prevailing interest rates set by the People’s Bank of China at the time of borrowing, plus51 basispoints, at an effective interest rate of3.96% per annum. Subsequently, immediate prior to the loan maturity date, on June 11, 2025, Xinjiang YSX repaid the R