Related Party Transaction |
12 Months Ended | ||||||||||||||||||||||||||
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Mar. 31, 2025 | |||||||||||||||||||||||||||
Related Party Transaction [Abstract] | |||||||||||||||||||||||||||
Related Party Transaction | 4. Related Party Transaction Related Parties
Related Party Transactions (i) During the year ended March 31, 2025, Huihe Zheng advanced $129,056 (2024: $244,313) to the Company to support its operations. (ii) During the year ended March 31, 2025, the Company repaid $812,277 (2024: ) to Huihe Zheng. (iii) On 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 $600,000, which was loaned by Mr. Zheng to the Company providing for its working capital and general corporate expenses. Due to Related Party Balance The Company’s due to related party balance is as follows:
The due to related party balance is unsecured, interest-free and due on demand. |