Leases

3 Months Ended

Mar. 31, 2025

Note 5 – Leases

On April 10, 2024, Fengcuiyuan entered into an operating lease agreement to rent an office. The lease has an original term of 2 years expiring April 24, 2026. Effective January 25, 2025, the lease was modified to change lessee to Rongcheng and an unrelated third party with each occupying 50% of the premises and responsible for 50% of the lease payment. As a result of the lease modification, right-of-use asset and related liability were reduced by $46,710.

Balance sheet information related to the Company’s leases is presented below:

	March 31 2025
Operating Leases
Operating lease right-of-use assets	$	37,713

Operating lease liabilities - current		37,713
Operating lease liability – non-current		-
Total operating lease liabilities	$	37,713

The following provides details of the Company’s lease expenses:

Schedule of Company’s Lease Expenses

	2025		2024
	Three Months Ended March 31,
	2025		2024
Operating lease expense	$	9,652	$	-

Other information related to leases is presented below:

	Three Months Ended
	March 31, 2025
Cash Paid For Amounts Included In Measurement of Liabilities:
Operating cash flows from operating leases	$	9,652

Weighted Average Remaining Lease Term:
Operating leases		1.07 years

Weighted Average Discount Rate:
Operating leases		5.6	%

Maturities of lease liabilities were as follows:

For the 12 months ending December 31:
2025 (9 months remaining)	$	29,021
2026		9,674
Total lease payments		38,695
Less: imputed interest		(982	)
Total lease liabilities		37,713
Less: current portion		(37,713	)
Lease liabilities – non-current portion	$	-

HONG YUAN HOLDING GROUP 10-Q/A