PREPAYMENTS, DEPOSITS AND OTHER RECEIVABLES

12 Months Ended

Mar. 31, 2026

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

PREPAYMENTS, DEPOSITS AND OTHER RECEIVABLES

11.

PREPAYMENTS, DEPOSITS AND OTHER RECEIVABLES

Prepayments, deposits and other receivables consist of the following as of March 31, 2026 and 2025:

	2026		2025
Prepayments		52,620		50,590
Deposits		37,492		722,035
Receivable of consideration on disposal of subsidiaries		14,466		-
Coupon receivable of matured debt security (Note a)		437,500		-
Loan to third party (Note b)		2,500,000		2,500,000
Other receivables		460,755		365,722
Prepayments and other receivables	$	3,502,833	$	3,638,347

Note a: The coupon receivable represents accrued interest income arising from the debt security held-to-maturity. The debt security is guaranteed by Hongye Financial Consulting (Shenzhen) Co., Ltd., a company controlled by our CEO, Mr. Hong Zhida (Note 8).

Note b: The Company entered into a loan agreement with an independent third party in September 2022. The principal amount of the loan to the borrower is $2.5 million. The loan is interest-free and the maturity date has been extended to August 2026.