{"url_path":"/sec/qdmi/10-k/2026/item-13","section_key":"item-13","section_title":"Item 13 Certain Relationships and Related Transactions, and Director","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-06-29","source_url":"https://www.sec.gov/Archives/edgar/data/1094032/0001213900-26-073119-index.html","accession_number":"0001213900-26-073119","cik":"0001094032","ticker":"QDMI","issuer_name":"QDM International Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1094032/0001213900-26-073119-index.html","primary_entity_key":"0001094032","primary_entity_name":"QDM International Inc."},"word_count":396,"has_tables":true,"body_markdown":"**Item 13. Certain Relationships and Related Transactions, and Director\nIndependence.**\n\n* *\n\n**Related Parties**\n\n \n\n**Name of related parties**\n \n**Relationship with the Company**\n\nHuihe Zheng\n \nPrincipal shareholder, Chief Executive Officer and Chairman of the Company\n\n \n\n**Related Party Transactions**\n\n** **\n\nWe had the following related party transactions for the fiscal years\nended March 31, 2026 and 2025:\n\n \n\n \n(i)\nDuring the year ended March 31, 2026, no advances were made by Huihe Zheng to the Company. During the year ended March 31, 2025, Huihe Zheng advanced $129,056 to the Company to support its operations.\n\n \n \n \n\n \n(ii)\nDuring the year\nended March 31, 2026, the Company paid $700,000 to Huihe Zheng in connection with a one-time special bonus in recognition\nof his past performance and contributions to the Company. During the year ended March 31, 2025, no payment was made by the Company to\nHuihe Zheng.\n\n \n \n \n\n \n(iii)\nDuring the year ended March 31, 2026, no repayment was made by the Company to Huihe Zheng. During the year ended March 31, 2025, the Company repaid $812,277 to Huihe Zheng.\n\n \n \n \n\n \n(iv)\nOn October 9, 2024, the Company issued 6,000,000 Series B Shares to Huihe Zheng at a purchase price of $0.10 per share, in exchange for the cancellation by Mr. Zheng of a portion of the currently outstanding principal amount of the debt owed by the Company to Mr. Zheng, in the amount of US$600,000, which was loaned by Mr. Zheng to the Company providing for its working capital and general corporate expenses.\n\n  \n\n**Related Party Balance**\n\n \n\nAs of March 31, 2026 and March 31, 2025, the\nCompany did not have any amounts due from or due to related party. \n\n \n\n62\n\n \n\n \n\n**Policies for Approval of Related Party Transactions**\n\n \n\nOur Board reviews and approves transactions with\ndirectors, officers and holders of five percent or more of our voting securities and their affiliates, each a related party. The material\nfacts as to the related party’s relationship or interest in the transaction are disclosed to our Board prior to their consideration\nof such transaction, and the transaction was not considered approved by our Board unless a majority of the directors who are not interested\nin the transaction approved the transaction. Further, when stockholders are entitled to vote on a transaction with a related party, the\nmaterial facts of the related party’s relationship or interest in the transaction were disclosed to the stockholders, who must approve\nthe transaction in good faith."}