CURRENT LOAN RECEIVABLE |
9 Months Ended |
---|---|
Apr. 30, 2025 | |
Receivables [Abstract] | |
CURRENT LOAN RECEIVABLE | NOTE 3. CURRENT LOAN RECEIVABLE
During July and August 2024, the Company loaned $814,847 (RMB5,800,000) to an unrelated party at a 3% interest rate, maturing within 12 months. On December 31, 2024, $146,956 (RMB 1,000,000) was early terminated and repaid. The outstanding loan receivable balance was $660,125 as of April 30, 2025. Interest earned amounted to $4,991 and $16,450, respectively, for the three months and nine months ended April 30, 2025.
|