Company: APM
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001213900-25-037669
Chunk: 249

Company: Aptorum Group Ltd
Filing Date: 2025-04-30
Form: 20-F
Item: Item 19
Chunk 249
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 Limited, an entity which was originally a wholly owned subsidiary of ATL. Since December 30, 2021, Libra has been turned into a related party to the Group due to the voting power...  
  (i)      ACC Medical Limited, an entity controlled by Clark Cheng, a former Executive Director of the Group before November 30, 2023                                                                           
  (j)      Clark Cheng, a former Executive Director of the Group before November 30, 2023. After his resignation on November 30, 2023, he was no longer a related party of the Group.                            
  (k)      Darren Lui, a former Executive Director of the Group before November 27, 2023. After his resignation on November 27, 2023, he was no longer a related party of the Group.                             

Amounts due from related parties, net

Amounts due from related parties consisted of the following as of December
31, 2024 and 2023:

                                       December 31,                     December 31,                 
  Current                                                                                            
  Aeneas Management Limited            $                 -              $                       961  
  Libra Sciences Limited (Note b)                        522,192                            521,007  
  Allowance for credit loss                              ( 522,192                        ( 521,007  
  Total                                $                 -              $                       961  

Amounts due to related parties

Amounts due to related parties consisted of the following as of December
31, 2024 and 2023:

                                     December 31,                  December 31,              
  Current                                                                                    
  Aeneas Group Limited (Note a)      $                 79,180      $                 79,180  
  Ian Huen                                                464                        -       
                                     $                 79,644      $                 79,180  

                                                          December 31,                     December 31,                 
  Convertible notes to a related party - Current                                                                        
  Jurchen Investment Corporation (Note 15)                $                 3,238,500      $                 -          
  Convertible notes to a related party - Non-current                                                                    
  Jurchen Investment Corporation (Note 15)                $                 -              $                 3,058,500  

F-23

APTORUM GROUP LIMITED

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Stated in U. S. Dollars)

Related party transactions

Related party transactions consisted of the