LAND USE RIGHTS, NET

12 Months Ended

Feb. 28, 2026

7. LAND USE RIGHTS, NET

Land use rights, net, consisted of the following:


		As of			As of
		February 28,			February 28,
		2025			2026
Land use rights		$	214,933		$	214,933
Accumulated amortization			(24,959)			(29,261)
Foreign exchange difference			(7,094)			4,107
Land use rights, net		$	182,880		$	189,779

Amortization expenses for land use rights for the years ended February 29, 2024, February 28, 2025 and 2026, were $4,763, $4,211 and $4,302, respectively. The Group expects to recognize $4,432 in amortization expenses for each of the next five years and $167,619 thereafter.