v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 499,942 $ (21,680)
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 188,693 21,816
Loss on disposal of unconsolidated entities 17,911
Deferred tax benefit (9,670) (5,365)
Changes in operating assets and liabilities:    
Accounts receivable 907,896 (1,043,021)
Inventories 7,233 (1,797,178)
Advance to supplier 57,126 (937,246)
Other receivable (158,970) (5,293)
Other current assets 39,064 149,850
Accounts payable (1,385,041) 155,910
Accounts payable-related party 422,555
Accrued expenses and other payables (385,940) (197,675)
Advance from customers 162,726
Deferred subsidies (8,071)
Net cash used in operating activities (229,827) (3,094,601)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (135,586) (75,458)
Net cash used in investing activities (135,586) (75,458)
CASH FLOWS FROM FINANCING ACTIVITIES    
Repayments of long-term payables (96,245)
Repayments of a loan from a related party (2,683,697) (636,766)
Proceeds from loans from related parties 2,700,059 3,269,272
Net cash (used in) provided by financing activities (79,883) 2,632,506
Effect of exchange rate changes 4,938 (40,147)
Net decrease in cash (440,358) (577,700)
Cash and Restricted cash at beginning of period 710,901 895,074
Cash and Restricted cash at end of period 270,543 317,374
Supplemental disclosure of cash flow information    
Interest paid 87,181 79,570
Interest capitalized 102,448 78,166
Accrued but unpaid interest capitalized in construction-in-progress 15,267
Other receivable from disposal of a subsidiary