Company: YSXT
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001410578-25-001545
Chunk: 246

Company: YSX Tech Co., Ltd
Filing Date: 2025-07-31
Form: 20-F
Item: Item 19
Chunk 246
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 Company’s related parties used for working capital during the Company’s normal course of business. Such advance was non-interest bearing and due on demand.
e. Purchases from a related party
The purchase by a certain related party during the years ended March 31, 2025, 2024 and 2023, consisted of the following:
Purchases
For the years ended March 31,
Name Nature of service contract 2025 2024 2023
Chongqing Yinzhi Business Service Co. Ltd. (“ Chongqing Yinzhi”) Costs associated with auto insurance aftermarket value-added services $ $ $ 382,098
Total $ $ $ 382,098
f. Loan borrowed from a related party
As disclosed in Note 6 above, in connection with the RMB10million (approximately $1,378,037) loan that Mr. Jie Xiao borrowed from GZ Rural Bank, the Company signed a loan agreement with Mr. Jie Xiao to borrow the same amount from him under the same borrowing terms and interest rate. The loan was fully repaid as of March 31, 2025 (see Note 6).
g. Loan guarantees provided by related parties
In connection with the RMB10million loan that Mr. Jie Xiao, borrowed from GZ Rural Bank, Xinjiang YSX and its branch company Guangzhou YSX provided a guarantee to this loan. The Company’s shareholder, Mr. Weiqiang Zhen, pledged his personal assets as collateral with GZ Rural Bank to further secure this loan. The loan was fully repaid as of March 31, 2025 (see Note 6).
In connection with the RMB10million (approximately $1,378,037) loan that YSX Network borrowed from China Citic Bank, related party, Mr. Jie Xiao provided a guarantee to a maximum loan of RMB10million (approximately $1,378,037) that YSX Network may borrow from China Citic Bank during the period from December 6, 2024 to November 21, 2025 (see Note 6).

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Table of Contents

In connection with the RMB5.0million (approximately $689,018) loan that YSX Network borrowed from BOC, related party, Mr. Jie Xiao and Xinjiang YSX separately signed a loan guarantee agreement with BOC to provide a guarantee for a maximum loan of RMB5.0million (approximately $689,018