v3.25.2
OTHER PAYABLE
12 Months Ended
Jul. 31, 2025
Other Payable  
OTHER PAYABLE

7. OTHER PAYABLE

 

As of January 31, 2025, the former director of the Company, Zonghan Wu advanced $7,780 to the Company, which is unsecured and non-interest bearing and is repayable on demand.

 

On July 18, 2024, Mr. Zonghan Wu tendered his resignations as director.

 

As of January 31, 2025, the current director of the Company, Yunyuan Chen advanced $185 to the Company, which is unsecured and non-interest bearing and is repayable on demand.

 

On February 01, 2025, Mr. Zonghan Wu waived the repayment of the $7,780 loan. Ms. Yunyuan Chen waived the repayment of the $185 loan . The debt forgiveness was treated as a capital contribution to Additional Paid-In Capital. As such, there are currently no interested/related party loans between Zonghan Wu, Yunyuan Chen and the Company.

 

On March 04, 2025, Ms. Yunyuan Chen tendered her resignations as President and Chief Executive Officer of the Company. On June 05, 2025, Yunyuan Chen tendered her resignation as Director. Ms Chen will remain the Treasurer of the Company.