Nongfu Shop Digital New Retail Q2 2025 10-Q Filed

TL;DR

Nongfu Shop Digital New Retail Q2 2025 10-Q: Assets $189.5M, Liabilities $189.1M. Tight margins.

AI Summary

Nongfu Shop Digital New Retail Co., Ltd. filed its 10-Q for the period ending June 30, 2025. The company, formerly known as Yong Bai Chao New Retail Corp, is based in Shanghai, China. The filing details financial information for the second quarter of 2025, with total assets reported at $189.5 million and total liabilities at $189.1 million.

Why It Matters

This filing provides investors with the latest financial performance and position of Nongfu Shop Digital New Retail Co., Ltd. for the second quarter of 2025.

Risk Assessment

Risk Level: medium — The company has very thin margins between total assets and total liabilities, indicating a high degree of financial leverage and potential risk.

Key Numbers

• $189.5B — Total Assets (As of June 30, 2025, indicating the company's total resources.)
• $189.1B — Total Liabilities (As of June 30, 2025, representing the company's total obligations.)

Key Players & Entities

• Nongfu Shop Digital New Retail Co., Ltd. (company) — Filer of the 10-Q
• Yong Bai Chao New Retail Corp (company) — Former name of the company
• 20250630 (date) — End of the reporting period
• 189495068 (dollar_amount) — Total assets as of June 30, 2025
• 189120068 (dollar_amount) — Total liabilities as of June 30, 2025

FAQ

Key Financial Figures

• $1,000 — ent, the Company agreed to pay a fee of $1,000 per month for a period of six months be
• $60,000 — to Mr. Glass for an aggregate price of $60,000, which sum was paid by the performance
• $6,685 — n the Company's behalf in the amount of $6,685. The expenses incurred by Mr. Glass inc
• $5,160 — expenses incurred by Mr. Glass included $5,160 to the state of Nevada for fees in conn
• $1,250 — e requirements of Nevada corporate law; $1,250 to the transfer agent for outstanding f
• $275 — ransfer agent for outstanding fees; and $275 to the state of Nevada as a filing fee
• $90,000 — ommon stock, to Lili Xin for the sum of $90,000. Ms. Chang became acquainted with Mr. G
• $350,000 — f Three Hundred Fifty Thousand Dollars ($350,000). The seller relied on the exemption fr

Filing Documents

• ybcn_10q.htm (10-Q) — 353KB
• ybcn_ex311.htm (EX-31.1) — 9KB
• ybcn_ex312.htm (EX-31.2) — 10KB
• ybcn_ex321.htm (EX-32.1) — 4KB
• ybcn_ex322.htm (EX-32.2) — 3KB
• 0001477932-25-006059.txt ( ) — 1542KB
• ybcn-20250630.xsd (EX-101.SCH) — 15KB
• ybcn-20250630_lab.xml (EX-101.LAB) — 99KB
• ybcn-20250630_cal.xml (EX-101.CAL) — 20KB
• ybcn-20250630_pre.xml (EX-101.PRE) — 72KB
• ybcn-20250630_def.xml (EX-101.DEF) — 16KB
• ybcn_10q_htm.xml (XML) — 122KB

Financial Statements

Financial Statements 3 Item 2.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 11 Item 3

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 15 Item 4

Controls and Procedures

Controls and Procedures 15 Item 1.

Legal Proceedings

Legal Proceedings 16 Item 1A.

Risk Factors

Risk Factors 16 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 16 Item 3. Defaults upon Senior Securities 16 Item 4. Mine Safety Disclosures 16 Item 5. Other Information 16 Item 6. Exhibits 17 2 Table of Contents

- FINANCIAL INFORMATION

PART I - FINANCIAL INFORMATION

Financial Statements

Item 1. Financial Statements. NONGFU SHOP DIGITAL NEW RETAIL CO., LTD. (FORMERLY KNOWN AS YONG BAI CHAO NEW RETAIL CORPORATION ) CONDENSED BALANCE SHEETS June 30, December 31, 2025 2024 (Unaudited) ASSETS CURRENT ASSETS: Cash $ - $ - TOTAL CURRENT ASSETS - - TOTAL ASSETS $ - $ - LIABILITIES AND STOCKHOLDERS' DEFICIT CURRENT LIABILITIES: Accounts payable and accrued liabilities $ 9,483 $ 11,490 Due to related party 156,848 134,963 TOTAL CURRENT LIABILITIES 166,331 146,453 Commitments and contingencies STOCKHOLDERS' DEFICIT: Preferred stock ($ 0.001 par value; 10,000,000 shares authorized; 0 share issued and outstanding at June 30, 2025 and December 31, 2024) - - Common stock ($ 0.001 par value; 190,000,000 shares authorized; 189,495,068 shares issued and 189,120,068 shares outstanding at June 30, 2025 and December 31, 2024) 195,496 195,496 Common stock to be issued 2,282 2,282 Treasury Stock - - Additional paid-in capital 3,371,271 3,371,271 Accumulated deficit ( 3,735,380 ) ( 3,715,502 ) TOTAL STOCKHOLDERS' DEFICIT ( 166,331 ) ( 146,453 ) TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ - $ - The accompanying notes are an integral part of these unaudited condensed financial statements. 3 Table of Contents NONGFU SHOP DIGITAL NEW RETAIL CO., LTD. (FORMERLY KNOWN AS YONG BAI CHAO NEW RETAIL CORPORATION ) CONDENSED STATEMENTS OF OPERATIONS (Unaudited) For the three months ended June 30, For the six months ended June 30, 2025 2024 2025 2024 Revenue $ - $ - $ - $ - Operating Expenses: Professional fees 9,412 9,403 19,878 27,236 Total Operating Expenses 9,412 9,403 19,878 27,236 Loss from Operations ( 9,412 ) ( 9,403 ) ( 19,878 ) ( 27,236 ) Other Income (Expense): Interest expense - - - - Total Other Income (Expense) - - - - Income Loss Before Income Taxes ( 9,412 ) ( 9,403 ) ( 19,878 ) ( 2

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following discussion and analysis of financial condition and results of operations relates to the operations and financial condition reported in the unaudited condensed financial statements of the Company for the three months and six months ended June 30, 2025 and 2024 should be read in conjunction with such financial statements and related notes included in this report. Except for the historical information contained herein, the following discussion, as well as other information in this report, contain "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the "safe harbor" created by those sections. Actual results and the timing of the events may differ materially from those contained in these forward-looking statements due to a number of factors, including those discussed in the "Forward-Looking Statements" set forth elsewhere in this Quarterly Report on Form 10-Q. Overview Nongfu Shop Digital New Retail Co., LTD. f/k/a Yong Bai Chao New Retail Corporation ("we," "us," the "Company" or like terms) was incorporated in the State of Nevada on February 17, 2004 under the name Boss Minerals, Inc. to pursue the exploration and development of mining claims located in British Columbia, Canada. During the quarter ended June 30, 2004, the Company filed a registration statement on Form SB-2 with the Securities and Exchange Commission ("SEC") to register shares of common stock for public resale by certain stockholders identified in the registration statement. Upon the effective date of the registration statement, the Company became subject to the reporting requirements of Section 12(b) under the Securities Exchange Act of 1934, as amended (the "Exchange Act") and commenced filing reports under the Exchange Act through the quarter ended

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