v3.25.2
Equity-Method Investments
 3 Months Ended
Jun. 30, 2025
Equity-Method Investments [Abstract]  
EQUITY-METHOD INVESTMENTS

11. EQUITY-METHOD INVESTMENTS

 

   As of
June 30,
2025		   As of
March 31,
2025		 
   US$   US$ 
Fujian Hongding Pawnshop Co.   
-
    527,684 

 

The Group acquired the equity investment in Fujian Hongding Pawnshop Co. (“Hongding Pawnshop”) through the acquisition of Pucheng Green Health Food. Pucheng Green Health Food held 23% interest in Hongding Pawnshop prior to June 2025. Hongding Pawnshop was not consolidated in our consolidated financial statements and was accounted for under the equity method.

 

In June 2025, Pucheng Green Health Food disposed of all of its 23% interest in Hongding Pawnshop to Xiamen Blue Ocean Bida Technology Co. for RMB3.7 million (approximately US$516,271). Loss on disposal of equity-method investment of US$17,911 was accounted for the three months ended June 30, 2025.