| Schedule of Parent Company Balance Sheets |
| | |
March 31, | | |
March 31, | |
| | |
2025 | | |
2024 | |
| ASSETS | |
| | |
| |
| Current assets | |
| | |
| |
| Cash | |
$ | 2,885,258 | | |
$ | — | |
| Amounts due from related parties | |
| 1,497,089 | | |
| — | |
| Other current assets | |
| 100,156 | | |
| — | |
| Intercompany receivable | |
| 3,564,119 | | |
| 1,008,708 | |
| Total current assets | |
| 8,046,622 | | |
| 1,008,708 | |
| | |
| | | |
| | |
| Non-current assets | |
| | | |
| | |
| Investment in subsidiaries and VIEs | |
| 7,032,153 | | |
| 9,733,725 | |
| | |
| | | |
| | |
| Total assets | |
$ | 15,078,775 | | |
$ | 10,742,433 | |
| | |
| | | |
| | |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | |
| | | |
| | |
| | |
| | | |
| | |
| Current liabilities | |
| | | |
| | |
| Convertible note payable | |
$ | 2,391,945 | | |
$ | — | |
| Derivative liability | |
| 2,032,530 | | |
| — | |
| Payroll payable | |
| 42,500 | | |
| — | |
| Amounts due to related parties | |
| 100 | | |
| — | |
| Accrued liabilities and other current liabilities | |
| 141,602 | | |
| — | |
| Total current liabilities | |
| 4,608,677 | | |
| — | |
| | |
| | | |
| | |
| Total liabilities | |
$ | 4,608,677 | | |
$ | — | |
| | |
| | | |
| | |
| COMMITMENTS AND CONTINGENCIES | |
| | | |
| | |
| | |
| | | |
| | |
| SHAREHOLDERS’ EQUITY | |
| | | |
| | |
| Class A ordinary share, par value $0.0016 per share, 112,500,000,000 shares authorized, 1,115,172 and 914,313 shares issued and outstanding as of March 31, 2025 and 2024, respectively* | |
| 1,784 | | |
| 1,463 | |
| Class B ordinary share, par value $0.0016 per share, 12,500,000,000 shares authorized, 366,000 shares issued and outstanding as of March 31, 2025 and 2024, respectively* | |
| 586 | | |
| 586 | |
| Additional paid-in capital | |
| 13,754,806 | | |
| 3,175,965 | |
| Retained earnings (accumulated deficits) | |
| (2,422,343 | ) | |
| 8,375,975 | |
| Accumulated other comprehensive loss | |
| (864,735 | ) | |
| (811,556 | ) |
| Total shareholders’ equity | |
| 10,470,098 | | |
| 10,742,433 | |
| | |
| | | |
| | |
| Total liabilities and shareholders’ equity | |
$ | 15,078,775 | | |
$ | 10,742,433 | |
| * | Retrospectively adjusted to reflect the authorized share
capital increase effective on January 8, 2026, 16-for-1 share consolidation effective on April 20, 2026, authorized share capital increase
effective on May 6, 2026 (see Note 21). |
|
| Schedule of Parent Company Statements of Comprehensive Income |
| | |
For the Years Ended | |
| | |
March 31, | |
| | |
2025 | | |
2024 | | |
2023 | |
| OPERATING EXPENSES | |
| | |
| | |
| |
| Selling expenses | |
$ | 2,256,284 | | |
$ | — | | |
$ | — | |
| General and administrative expenses | |
| 5,239,764 | | |
| — | | |
| — | |
| | |
| | | |
| | | |
| | |
| OTHER INCOME | |
| | | |
| | | |
| | |
| Interest expenses, net | |
| (67,043 | ) | |
| — | | |
| — | |
| Amortization of debt issuance costs | |
| (230,700 | ) | |
| — | | |
| — | |
| Loss on derivative liabilities | |
| (356,134 | ) | |
| — | | |
| — | |
| | |
| | | |
| | | |
| | |
| EQUITY IN EARNINGS (LOSS) OF SUBSIDIARIES AND VIES | |
$ | (2,648,393 | ) | |
$ | 8,652 | | |
$ | 477,689 | |
| | |
| | | |
| | | |
| | |
| NET INCOME (LOSS) | |
| (10,798,318 | ) | |
| 8,652 | | |
| 477,689 | |
| FOREIGN CURRENCY TRANSLATION ADJUSTMENTS | |
| (53,179 | ) | |
| (526,589 | ) | |
| (790,166 | ) |
| COMPREHENSIVE LOSS ATTRIBUTABLE TO THE COMPANY | |
$ | (10,851,497 | ) | |
$ | (517,937 | ) | |
$ | (312,477 | ) |
|
| Schedule of Parent Company Statements of Cash Flows |
| | |
For the Years Ended | |
| | |
March 31, | |
| | |
2025 | | |
2024 | | |
2023 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | |
| | |
| | |
| |
| Net income (loss) | |
$ | (10,798,318 | ) | |
$ | 8,652 | | |
$ | 477,689 | |
| Adjustments to reconcile net cash flows used in operating activities: | |
| | | |
| | | |
| | |
| Stock-based compensation | |
| 2,672,450 | | |
| — | | |
| — | |
| Issuance of Class A Ordinary Share for services | |
| 3,643,333 | | |
| — | | |
| — | |
| Amortization of debt issuance costs | |
| 356,134 | | |
| — | | |
| — | |
| Accrued interest expense for convertible notes | |
| 230,700 | | |
| — | | |
| — | |
| Debt restructuring loss | |
| 70,247 | | |
| — | | |
| — | |
| | |
| | | |
| | | |
| | |
| Changes in operating assets and liabilities: | |
| | | |
| | | |
| | |
| Other current assets | |
| (100,156 | ) | |
| — | | |
| — | |
| Payroll payable | |
| 42,500 | | |
| — | | |
| — | |
| Accrued expenses and other current liabilities | |
| 141,602 | | |
| — | | |
| — | |
| Equity in earnings of subsidiary and VIEs | |
| 2,648,393 | | |
| (8,652 | ) | |
| (477,689 | ) |
| Net cash used in operating activities | |
| (1,093,115 | ) | |
| — | | |
| — | |
| | |
| | | |
| | | |
| | |
| CASH FLOWS FROM INVESTING ACTIVITIES: | |
| | | |
| | | |
| | |
| Payments made to intercompany | |
| (3,168,580 | ) | |
| — | | |
| — | |
| Payments made to related parties | |
| (1,497,089 | ) | |
| — | | |
| — | |
| Net cash used in investing activities | |
| (4,665,669 | ) | |
| — | | |
| — | |
| | |
| | | |
| | | |
| | |
| CASH FLOWS FROM FINANCING ACTIVITIES: | |
| | | |
| | | |
| | |
| Net proceeds from initial public offerings, net of issuance costs | |
| 4,436,973 | | |
| — | | |
| — | |
| Net proceeds from issuance of convertible note | |
| 4,206,970 | | |
| — | | |
| — | |
| Proceeds from loans from related parties | |
| 99 | | |
| — | | |
| — | |
| Net cash provided by financing activities | |
| 8,644,042 | | |
| — | | |
| — | |
| | |
| | | |
| | | |
| | |
| CHANGES IN CASH AND CASH EQUIVALENTS | |
| 2,885,258 | | |
| — | | |
| — | |
| | |
| | | |
| | | |
| | |
| CASH AND CASH EQUIVALENTS, beginning of year | |
| — | | |
| — | | |
| — | |
| | |
| | | |
| | | |
| | |
| CASH AND CASH EQUIVALENTS, end of year | |
$ | 2,885,258 | | |
$ | — | | |
$ | — | |
| | |
| | | |
| | | |
| | |
| SUPPLEMENTAL NON-CASH FINANCING ACTIVITY: | |
| | | |
| | | |
| | |
| Increase of intercompany receivables due to Subsidiaries and VIEs collection of proceeds of issuance of Class A securities on behalf of the parent company | |
$ | — | | |
$ | 458,341 | | |
$ | 548,367 | |
|