2. BASIS OF PRESENTATION

The accompanying consolidated financial statements of the Company and its subsidiaries are prepared pursuant to the rules and regulations of the U.S Securities and Exchanges Commission (“SEC”) and in conformity with generally accepted accounting principles in the U.S. (“US GAAP”). All material inter-company accounts and transactions have been eliminated in consolidation.

The Company has a history of net losses. The Company incurred net losses of $4,469,165 and $5,094,198 for the years ended March 31, 2026 and 2025, respectively. These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date that these consolidated financial statements are issued.

The Company’s ability to continue as a going concern is dependent upon management’s ability to successfully implement its business plans, improve operating results, manage operating costs, collect accounts receivable, and obtain additional financing when necessary. Management’s plans include, among other things, continuing to develop the Company’s garment manufacturing, logistics services and consulting service businesses, improving operating efficiency, controlling general and administrative expenses, and seeking additional financing through public or private equity or debt financing if required.

There can be no assurance that the Company will be successful in achieving these plans or that additional financing will be available on acceptable terms, or at all. The accompanying consolidated financial statements have been prepared on a going concern basis and do not include any adjustments that might result from the outcome of this uncertainty.