Here are the 10-K annual reports from Rubber Leaf Inc (RLEA) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow RLEA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full RLEA filings page.
Rubber Leaf Inc. files its annual report describing a major restructuring and ongoing risks. The company sold its former PRC manufacturing subsidiary, RLSP, to related party Yongliansen for cash consideration of $3,000,000, after RLSP accumulated significant liabilities and faced multiple legal proceedings. Operations have been shifted to wholly owned Hong Kong subsidiary RLHK, which now handles sales of automotive rubber and plastic sealing strips and supplies brands such as eGT and Volkswagen.
The report highlights heavy dependence on related parties. Shanghai Xinsen and Shanghai Huaxin contributed about all revenue in 2025, while raw materials are now sourced primarily from Yongliansen. As of June 30, 2025, non‑affiliate equity value was about $14,357,366, and as of February 6, 2026 there were 41,109,458 common shares outstanding. Management, including the CEO and CFO, has funded operations through loans totaling $3,171,929.00 as of December 31, 2025. Key risks include intense industry competition, customer and supplier concentration, inflationary pressures, need for additional capital, and evolving PRC/Hong Kong regulatory oversight.