Related Party Transactions (Details Narrative) |
3 Months Ended | |||||||||
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Oct. 01, 2019
USD ($)
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May 31, 2025
USD ($)
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Feb. 28, 2025
USD ($)
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Feb. 28, 2023
USD ($)
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Feb. 28, 2023
CNY (¥)
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Jan. 15, 2023
USD ($)
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Jan. 15, 2023
CNY (¥)
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Sep. 01, 2020
USD ($)
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Sep. 01, 2020
CNY (¥)
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Oct. 01, 2019
CNY (¥)
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Related Party Transaction [Line Items] | ||||||||||
Long-term debt | $ 21,745,384 | $ 21,495,468 | $ 32,740,623 | ¥ 232,785,827.31 | ||||||
Long term debt description | Zhibo extended the above contracts to September 30, 2025 when they expired in 2022. Repayments and interest expenses are not required until September 30, 2024. Interest expenses calculated on an annual rate of 3% will be paid monthly from 1 October, 2024. Principle will be fully repaid upon maturity. | |||||||||
Beijing Zhibo [Member] | Loan Agreements [Member] | ||||||||||
Related Party Transaction [Line Items] | ||||||||||
Line of credit facility, maximum borrowing capacity | $ 45,028,818 | ¥ 300,000,000 | ||||||||
Line of credit facility, interest rate during period | 3.60% | |||||||||
Percentage of borrowings outstanding rate | 25.00% | |||||||||
Debt instrument, face amount | $ 3,302,098 | ¥ 22,000,000 | ||||||||
Long-term debt | $ 31,053,765 | ¥ 215,280,227.44 |
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- Definition Percentage of borrowings outstanding rate No definition available.
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The effective interest rate during the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Description of long-term debt arrangements, which are debt arrangements that originally require full repayment more than twelve months after issuance or greater than the normal operating cycle of the company, if longer, and disclosures pertaining to the underlying arrangements, including repayment terms, conversion features, interest rates, restrictions on assets and activities, debt covenants, and other matters important to users of the financial statements. Types of long-term debt arrangements include borrowing under notes payable, bonds payable, debentures, term loans, and other contractual obligations for payment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Details
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