Bank and Other Borrowings (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2025

Dec. 31, 2024

As of March 31, 2025 and December 31, 2024, the bank and other borrowings consisted of the following:

Schedule of Bank and Other Borrowings

Notes:

(1)	Loan #1 is guaranteed by Cheung Chi Ping (“Mr. Cheung”), director of the Company, and Chrome I and secured by all intangible and tangible personal property of Mr. Cheung.
(2)	Loan #2 is secured by the land of the golf course of the Company.
(3)	Loan #3 is secured by the buildings of the golf clubs of the Company.
(4)	Loan #4 is secured by the golf course of the Company and repayable in eight years
(5)	Loan #5 is secured by the land and building of the golf clubs of the Company.

As of December 31, 2024 and 2023, the bank and other borrowings consisted of the following:

Schedule of Bank and Other Borrowings

Notes:

(1)	Loan #1 is guaranteed by Cheung Chi Ping (“Mr. Cheung”), director of the Company, and Chrome I and secured by all intangible and tangible personal property of Mr. Cheung.
(2)	Loan #2 is secured by the land of the golf course of the Company.
(3)	Loan #3 is secured by the buildings of the golf clubs of the Company.
(4)	Loan #4 is secured by the golf course of the Company and repayable in eight years
(5)	Loan #5 is secured by the land and building of the golf clubs of the Company.

Future minimum payments under bank and other borrowings as of December 31, 2024 were as follows:

Year ending December 31,	Total
2025	$	94,204
2026		49,205
2027		9,501
2028		10,138
2029		10,817
Thereafter		18,513
Total bank and other borrowings	$	192,378

Aureus Greenway Holdings Inc S-1