Company: JWEL
Filing Date: 2025-05-09
Form Type: 20-F
Source: 0001213900-25-041556
Chunk: 8

Company: Jowell Global Ltd.
Filing Date: 2025-05-09
Form: 20-F
Item: Item 3
Chunk 8
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Set forth below is selected consolidating statements
of loss and cash flows for the years ended December 31, 2024 and 2023 and selected balance sheet information as of December 31, 2024 and
2023 showing financial information for the Company (excluding the VIE), the VIE, eliminating entries and consolidated information.

FOR THE YEAR ENDED DECEMBER 31, 2024

 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Cash                                                   20,661          16,057          36,718           4,264        2,143,938        2,148,202                -  
  Other receivable - intercompany                             -       2,835,000       2,835,000       5,909,287                -        5,909,287       (8,744,287  
  Other receivable - VIE                              2,754,618               -       2,754,618      29,753,629                -                -       (2,754,618  
  Total current assets                                2,775,279       2,851,057       5,626,336      35,761,584       17,497,021       23,504,976      (11,498,905  
  Investment in subsidiaries and VIE                 20,577,070      27,832,091      22,255,046          47,090                -                -      (22,255,046  
  Total Assets                                       23,352,349      30,683,148      27,881,382      35,808,674       25,711,945       31,719,900      (33,753,951  
  Other payable - intercompany                                -       4,418,233       4,418,233               -       36,711,408      (12,212,653        7,794,420  
  Other payable - VIE                                 5,909,287               -       5,909,287               -                -                -       (5,909,287  
  Total current liabilities                           6,438,168       4,529,033      10,967,201         169,590       43,316,299       (5,