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10-K true 2026-03-31 --03-31 2026 false 001-41478 ADDENTAX GROUP CORP. NV 35-2521028 Kingkey 100, Block A Room 4805 Luohu District Shenzhen City CN 518000 (86) 755 8233 0336 Common Stock, par value $0.001 per share ATXG NASDAQ No No Non-accelerated Filer true false false false false 11300000 1031435 No documents are incorporated by reference. Risk Management and Strategy <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_90E_ecyd--CybersecurityRiskManagementProcessesIntegratedTextBlock_c20250401__20260331_zaXlixPAaMG3">We <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_90E_ecyd--CybersecurityRiskManagementProcessesIntegratedFlag_dbT_c20250401__20260331_z9IN6oMaRBAk">identify and assess material risks from cybersecurity threats to our information systems and the information residing in our information systems by monitoring and evaluating our threat environment on an ongoing basis using various methods including, for example, using manual and automated tools, subscribing to reports and services that identify cybersecurity threats, analyzing reports of threats and threat actors, conducting scans of the threat environment, and conducting risk assessments. We manage material risks from cybersecurity threats to our information systems and the information residing in our information systems through various processes and procedures, including, depending on the environment, risk assessment, incident detection and response, vulnerability management, disaster recovery and business continuity plans, internal controls within our accounting and financial reporting functions, encryption of data, network security controls, access controls, physical security, asset management, systems monitoring, and employee training. We engage <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_908_ecyd--CybersecurityRiskManagementThirdPartyEngagedFlag_dbT_c20250401__20260331_zgZRk0BobEIj">third-party service providers to provide some of the resources used in our information systems and some third-party service providers have access to information residing in our information systems. With respect to such third parties, we seek to engage reliable, reputable service providers that maintain cybersecurity programs. Depending on the nature and extent of the services provided, the sensitivity and quantity of information processed, and the identity of the service provider, our processes may include conducting due diligence on the cybersecurity practices of such provider and contractually imposing cybersecurity related obligations on the provider. We are <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_900_ecyd--CybersecurityRiskMateriallyAffectedOrReasonablyLikelyToMateriallyAffectRegistrantFlag_dbF_c20250401__20260331_zdCSRmR4F4gk">not aware of any risks from cybersecurity threats, including as a result of any cybersecurity incidents, which have materially affected or are reasonably likely to materially affect our Company, including our business strategy, results of operations, or financial condition. Refer to “Item 1A. Risk Factors— Risks Associated with Our Company — Unauthorized disclosure, destruction or modification of data, through cybersecurity breaches, computer viruses or otherwise or disruption of our services could expose us to liability, protracted and costly litigation and damage our reputation”. We <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_90E_ecyd--CybersecurityRiskManagementProcessesIntegratedFlag_dbT_c20250401__20260331_z9IN6oMaRBAk">identify and assess material risks from cybersecurity threats to our information systems and the information residing in our information systems by monitoring and evaluating our threat environment on an ongoing basis using various methods including, for example, using manual and automated tools, subscribing to reports and services that identify cybersecurity threats, analyzing reports of threats and threat actors, conducting scans of the threat environment, and conducting risk assessments. true true false Cybersecurity Governance <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_902_ecyd--CybersecurityRiskBoardCommitteeOrSubcommitteeResponsibleForOversightTextBlock_c20250401__20260331_zzRHYbGvcGx7">Our board of directors holds oversight responsibility over our Company’s risk management and strategy, including material risks related to cybersecurity threats. This oversight is executed directly by our board of directors and through its committees. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_900_ecyd--CybersecurityRiskProcessForInformingBoardCommitteeOrSubcommitteeResponsibleForOversightTextBlock_c20250401__20260331_z5hO2U9x21Ai">Our audit committee oversees the management of our Company’s major financial risk exposures, the steps management has taken to monitor and control such exposures, and the process by which risk assessment and management is undertaken and handled, which would include cybersecurity risks, in accordance with its charter. The audit committee holds regular meetings and receives periodic reports from management regarding risk management, including major financial risk exposures from cybersecurity threats or incidents. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_907_ecyd--CybersecurityRiskManagementPositionsOrCommitteesResponsibleTextBlock_c20250401__20260331_zgArDjTpvxq4">Within management, the Company’s <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_90A_ecyd--CybersecurityRiskManagementPositionsOrCommitteesResponsibleFlag_dbT_c20250401__20260331_z3ntpwBm21v2">Chief Financial Officer is primarily responsible for assessing and managing our material risks from cybersecurity threats on a day-to-day basis and keep the senior executive officers informed on a regular basis of the identification, assessment, and management of cybersecurity risks and of any cybersecurity incidents. Such management personnel have prior experience and training in managing information systems and cybersecurity matters and participate in ongoing training programs. As of the date of this annual report, the Company has not encountered cybersecurity incidents that the Company believes to have been material to the Company taken as a whole. Our board of directors holds oversight responsibility over our Company’s risk management and strategy, including material risks related to cybersecurity threats. This oversight is executed directly by our board of directors and through its committees. Our audit committee oversees the management of our Company’s major financial risk exposures, the steps management has taken to monitor and control such exposures, and the process by which risk assessment and management is undertaken and handled, which would include cybersecurity risks, in accordance with its charter. The audit committee holds regular meetings and receives periodic reports from management regarding risk management, including major financial risk exposures from cybersecurity threats or incidents. Within management, the Company’s <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_90A_ecyd--CybersecurityRiskManagementPositionsOrCommitteesResponsibleFlag_dbT_c20250401__20260331_z3ntpwBm21v2">Chief Financial Officer is primarily responsible for assessing and managing our material risks from cybersecurity threats on a day-to-day basis and keep the senior executive officers informed on a regular basis of the identification, assessment, and management of cybersecurity risks and of any cybersecurity incidents. Such management personnel have prior experience and training in managing information systems and cybersecurity matters and participate in ongoing training programs. true 7100 We have audited the accompanying consolidated balance sheet of Addentax Group Corp. and its subsidiaries (collectively referred to as the “Company”) as of March 31, 2026, and the related consolidated statement of loss and comprehensive income (loss), changes in equity, and cash flow for the year ended March 31, 2026, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of March 31, 2026, and the result of its operations and its cash flow for year then ended March 31, 2026, in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”) HML PLT Kuala Lumpur, Malaysia

574267

324953

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2750000

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12000000

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29252097

49167337

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1 to 15 reverse stock split

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1 to 15 reverse stock split

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<p id="xdx_809_eus-gaap--OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_z5BQ3heWNmw9" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">1. ORGANIZATION AND BUSINESS ACQUISITIONS Addentax Group Corp. (the “Company”), through its subsidiaries, is engaged in garment manufacturing, logistics services and consulting service. The Company conducts its garment manufacturing and logistics services businesses primarily through its PRC operating subsidiaries and conducts its consulting service through Yingxi Industrial Chain Investment Co., Ltd., or Yingxi HK, its Hong Kong subsidiary. During the fiscal year ended March 31, 2026, the Company disposed of its property management and subleasing business, and the results of such business have been classified as discontinued operations. See Note 4, Disposition of Subsidiaries and Discontinued Operations, for details. As of March 31, 2026, the Company’s principal subsidiaries consisted of the following entities: SCHEDULE OF PRINCIPAL SUBSIDIARIES ENTITIES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 97%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid">Name of entity</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Place of incorporation</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Principal activities</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Immediate holding company</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">% of effective ownership interest held by the Group in 2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">% of effective ownership interest held by the Group in 2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 27%; text-align: left">Yingxi Industrial Chain Group Co., Ltd. (“Yingxi Seychelles”)</td><td style="width: 2%"> </td> <td style="width: 8%">Republic of Seychelles</td><td style="width: 2%"> </td> <td style="width: 11%; text-align: left"><span id="xdx_901_eus-gaap--EquityMethodInvestmentDescriptionOfPrincipalActivities_c20250401__20260331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--YingxiIndustrialChainGroupCoLtdMember_znVNnKduzHxl" title="Principal activities">Investment holding</td><td style="width: 2%"> </td> <td style="width: 18%; text-align: left">Addentax Group Corp.</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 11%; text-align: right"><span id="xdx_90B_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20260331__srt--OwnershipAxis__custom--YingxiIndustrialChainGroupCoLtdMember_z2D3qyZuxnV3" title="Effective ownership interest percent">100</td><td style="width: 1%; text-align: left">%</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 11%; text-align: right"><span id="xdx_90C_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20250331__srt--OwnershipAxis__custom--YingxiIndustrialChainGroupCoLtdMember_zXBrAubLBiOf" title="Effective ownership interest percent">100</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Yingxi Industrial Chain Investment Co., Ltd. (“Yingxi HK”)</td><td> </td> <td style="text-align: left">Hong Kong SAR</td><td> </td> <td style="text-align: left"><span id="xdx_906_eus-gaap--EquityMethodInvestmentDescriptionOfPrincipalActivities_c20250401__20260331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--YingxiIndustrialChainInvestmentCoLtdMember_zPv3PS1P684h" title="Principal activities">Investment holding</td><td> </td> <td style="text-align: left">Yingxi Industrial Chain Group Co., Ltd.</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_907_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20260331__srt--OwnershipAxis__custom--YingxiIndustrialChainInvestmentCoLtdMember_zEJjWkrQan5l" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90D_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20250331__srt--OwnershipAxis__custom--YingxiIndustrialChainInvestmentCoLtdMember_z8MEzR6x33J6" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Yingxi Textile & Garments Co., Ltd. (“WFOE”) (f/k/a Qianhai Yingxi Textile & Garments Co., Ltd.)</td><td> </td> <td style="text-align: left">P. R. China</td><td> </td> <td style="text-align: left"><span id="xdx_906_eus-gaap--EquityMethodInvestmentDescriptionOfPrincipalActivities_c20250401__20260331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--YingxiTextileAndGarmentsCoLtdMember_zmnywILepAo8" title="Principal activities">Investment holding</td><td> </td> <td style="text-align: left">Yingxi Industrial Chain Investment Co., Ltd.</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90A_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20260331__srt--OwnershipAxis__custom--YingxiTextileAndGarmentsCoLtdMember_zjbvGjhbg0nb" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90F_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20240331__srt--OwnershipAxis__custom--YingxiTextileAndGarmentsCoLtdMember_zFolmvFTRNwe" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Shenzhen Yingxi Industrial Chain Services Co., Ltd. (“YX”) (f/k/a Shenzhen Qianhai Yingxi Industrial Chain Services Co., Ltd.)</td><td> </td> <td style="text-align: left">P. R. China</td><td> </td> <td style="text-align: left"><span id="xdx_909_eus-gaap--EquityMethodInvestmentDescriptionOfPrincipalActivities_c20250401__20260331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--ShenzhenYingxiIndustrialChainServicesCoLtdMember_zNKrN8pbO0Bd" title="Principal activities">Investment holding & Garment Manufacturing</td><td> </td> <td style="text-align: left">Yingxi Textile & Garments Co., Ltd. (f/k/a Qianhai Yingxi Textile & Garments Co., Ltd.)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90C_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20260331__srt--OwnershipAxis__custom--ShenzhenYingxiIndustrialChainServicesCoLtdMember_zFvE3ktiJBjk" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_904_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20250331__srt--OwnershipAxis__custom--ShenzhenYingxiIndustrialChainServicesCoLtdMember_zn24e93KSFFk" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Dongguan Heng Sheng Wei Garments Co., Ltd. (“HSW”)</td><td> </td> <td style="text-align: left">P. R. China</td><td> </td> <td style="text-align: left"><span id="xdx_90B_eus-gaap--EquityMethodInvestmentDescriptionOfPrincipalActivities_c20250401__20260331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--DongguanHengShengWeiGarmentsCoLtdMember_zejfCB5Baui4" title="Principal activities">Garment Manufacturing</td><td> </td> <td style="text-align: left">Shenzhen Yingxi Industrial Chain Services Co., Ltd. (f/k/a Shenzhen Qianhai Yingxi Industrial Chain Services Co., Ltd.)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_909_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20260331__srt--OwnershipAxis__custom--DongguanHengShengWeiGarmentsCoLtdMember_z9g5MSqRsb1a" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90C_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20250331__srt--OwnershipAxis__custom--DongguanHengShengWeiGarmentsCoLtdMember_zqFtliJWta9k" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Dongguan Yushang Clothing Co., Ltd. (“YS”)</td><td> </td> <td style="text-align: left">P. R. China</td><td> </td> <td style="text-align: left"><span id="xdx_907_eus-gaap--EquityMethodInvestmentDescriptionOfPrincipalActivities_c20250401__20260331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--DongguanYushangClothingCoLtdMember_zYHLvyGvuUnc" title="Principal activities">Garment Manufacturing</td><td> </td> <td style="text-align: left">Shenzhen Qianhai Yingxi Industrial Chain Services Co., Ltd.</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90A_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20260331__srt--OwnershipAxis__custom--DongguanYushangClothingCoLtdMember_zP4FRaROiXxd" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90D_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20250331__srt--OwnershipAxis__custom--DongguanYushangClothingCoLtdMember_zOO0VApYft36" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Shenzhen Xin Kuai Jie Transportation Co., Ltd. (“XKJ”)</td><td> </td> <td style="text-align: left">P. R. China</td><td> </td> <td style="text-align: left"><span id="xdx_909_eus-gaap--EquityMethodInvestmentDescriptionOfPrincipalActivities_c20250401__20260331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--ShenzhenXinKuaiJieTransportationCoLtdMember_zUlAyNPXmu0b" title="Principal activities">Logistics Services</td><td> </td> <td style="text-align: left">Shenzhen Qianhai Yingxi Industrial Chain Services Co., Ltd.</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90F_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20260331__srt--OwnershipAxis__custom--ShenzhenXinKuaiJieTransportationCoLtdMember_zDxwvGgymhZ1" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_903_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20250331__srt--OwnershipAxis__custom--ShenzhenXinKuaiJieTransportationCoLtdMember_zHW4yJvdndpi" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Shenzhen Yingxi Peng Fa Logistic Co., Ltd. (“PF”)</td><td> </td> <td style="text-align: left">P. R. China</td><td> </td> <td style="text-align: left"><span id="xdx_902_eus-gaap--EquityMethodInvestmentDescriptionOfPrincipalActivities_c20250401__20260331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--ShenzhenYingxiPengFaLogisticCoLtdMember_zklNdcQAa501" title="Principal activities">Logistics Services</td><td> </td> <td style="text-align: left">Shenzhen Qianhai Yingxi Industrial Chain Services Co., Ltd.</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_904_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20260331__srt--OwnershipAxis__custom--ShenzhenYingxiPengFaLogisticCoLtdMember_z4HplNDPhB9d" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90E_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20250331__srt--OwnershipAxis__custom--ShenzhenYingxiPengFaLogisticCoLtdMember_z55nbJ48Z7rf" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Keemo Fashion Group Limited (“KMFG”)</td><td> </td> <td style="text-align: left">Nevada, the United States</td><td> </td> <td style="text-align: left"><span id="xdx_900_eus-gaap--EquityMethodInvestmentDescriptionOfPrincipalActivities_c20250401__20260331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--KeemoFashionGroupLimitedMember_zX0koNo8POz" title="Principal activities">Investment holding & Acquired operations</td><td> </td> <td style="text-align: left">Addentax Group Corp.</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_907_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20260331__srt--OwnershipAxis__custom--KeemoFashionGroupLimitedMember_zIPza1sHuZjg" title="Effective ownership interest percent">62.18</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">Nil%</td><td style="text-align: left"> </td></tr> </table> KMFG was acquired near the end of the fiscal year ended March 31, 2026. As of March 31, 2026, KMFG’s revenue contribution was not significant, and management does not currently present KMFG as a separate business line or reportable segment.

As of March 31, 2026, the Company’s principal subsidiaries consisted of the following entities: SCHEDULE OF PRINCIPAL SUBSIDIARIES ENTITIES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 97%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid">Name of entity</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Place of incorporation</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Principal activities</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Immediate holding company</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">% of effective ownership interest held by the Group in 2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">% of effective ownership interest held by the Group in 2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 27%; text-align: left">Yingxi Industrial Chain Group Co., Ltd. (“Yingxi Seychelles”)</td><td style="width: 2%"> </td> <td style="width: 8%">Republic of Seychelles</td><td style="width: 2%"> </td> <td style="width: 11%; text-align: left"><span id="xdx_901_eus-gaap--EquityMethodInvestmentDescriptionOfPrincipalActivities_c20250401__20260331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--YingxiIndustrialChainGroupCoLtdMember_znVNnKduzHxl" title="Principal activities">Investment holding</td><td style="width: 2%"> </td> <td style="width: 18%; text-align: left">Addentax Group Corp.</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 11%; text-align: right"><span id="xdx_90B_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20260331__srt--OwnershipAxis__custom--YingxiIndustrialChainGroupCoLtdMember_z2D3qyZuxnV3" title="Effective ownership interest percent">100</td><td style="width: 1%; text-align: left">%</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 11%; text-align: right"><span id="xdx_90C_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20250331__srt--OwnershipAxis__custom--YingxiIndustrialChainGroupCoLtdMember_zXBrAubLBiOf" title="Effective ownership interest percent">100</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Yingxi Industrial Chain Investment Co., Ltd. (“Yingxi HK”)</td><td> </td> <td style="text-align: left">Hong Kong SAR</td><td> </td> <td style="text-align: left"><span id="xdx_906_eus-gaap--EquityMethodInvestmentDescriptionOfPrincipalActivities_c20250401__20260331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--YingxiIndustrialChainInvestmentCoLtdMember_zPv3PS1P684h" title="Principal activities">Investment holding</td><td> </td> <td style="text-align: left">Yingxi Industrial Chain Group Co., Ltd.</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_907_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20260331__srt--OwnershipAxis__custom--YingxiIndustrialChainInvestmentCoLtdMember_zEJjWkrQan5l" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90D_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20250331__srt--OwnershipAxis__custom--YingxiIndustrialChainInvestmentCoLtdMember_z8MEzR6x33J6" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Yingxi Textile & Garments Co., Ltd. (“WFOE”) (f/k/a Qianhai Yingxi Textile & Garments Co., Ltd.)</td><td> </td> <td style="text-align: left">P. R. China</td><td> </td> <td style="text-align: left"><span id="xdx_906_eus-gaap--EquityMethodInvestmentDescriptionOfPrincipalActivities_c20250401__20260331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--YingxiTextileAndGarmentsCoLtdMember_zmnywILepAo8" title="Principal activities">Investment holding</td><td> </td> <td style="text-align: left">Yingxi Industrial Chain Investment Co., Ltd.</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90A_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20260331__srt--OwnershipAxis__custom--YingxiTextileAndGarmentsCoLtdMember_zjbvGjhbg0nb" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90F_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20240331__srt--OwnershipAxis__custom--YingxiTextileAndGarmentsCoLtdMember_zFolmvFTRNwe" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Shenzhen Yingxi Industrial Chain Services Co., Ltd. (“YX”) (f/k/a Shenzhen Qianhai Yingxi Industrial Chain Services Co., Ltd.)</td><td> </td> <td style="text-align: left">P. R. China</td><td> </td> <td style="text-align: left"><span id="xdx_909_eus-gaap--EquityMethodInvestmentDescriptionOfPrincipalActivities_c20250401__20260331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--ShenzhenYingxiIndustrialChainServicesCoLtdMember_zNKrN8pbO0Bd" title="Principal activities">Investment holding & Garment Manufacturing</td><td> </td> <td style="text-align: left">Yingxi Textile & Garments Co., Ltd. (f/k/a Qianhai Yingxi Textile & Garments Co., Ltd.)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90C_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20260331__srt--OwnershipAxis__custom--ShenzhenYingxiIndustrialChainServicesCoLtdMember_zFvE3ktiJBjk" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_904_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20250331__srt--OwnershipAxis__custom--ShenzhenYingxiIndustrialChainServicesCoLtdMember_zn24e93KSFFk" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Dongguan Heng Sheng Wei Garments Co., Ltd. (“HSW”)</td><td> </td> <td style="text-align: left">P. R. China</td><td> </td> <td style="text-align: left"><span id="xdx_90B_eus-gaap--EquityMethodInvestmentDescriptionOfPrincipalActivities_c20250401__20260331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--DongguanHengShengWeiGarmentsCoLtdMember_zejfCB5Baui4" title="Principal activities">Garment Manufacturing</td><td> </td> <td style="text-align: left">Shenzhen Yingxi Industrial Chain Services Co., Ltd. (f/k/a Shenzhen Qianhai Yingxi Industrial Chain Services Co., Ltd.)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_909_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20260331__srt--OwnershipAxis__custom--DongguanHengShengWeiGarmentsCoLtdMember_z9g5MSqRsb1a" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90C_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20250331__srt--OwnershipAxis__custom--DongguanHengShengWeiGarmentsCoLtdMember_zqFtliJWta9k" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Dongguan Yushang Clothing Co., Ltd. (“YS”)</td><td> </td> <td style="text-align: left">P. R. China</td><td> </td> <td style="text-align: left"><span id="xdx_907_eus-gaap--EquityMethodInvestmentDescriptionOfPrincipalActivities_c20250401__20260331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--DongguanYushangClothingCoLtdMember_zYHLvyGvuUnc" title="Principal activities">Garment Manufacturing</td><td> </td> <td style="text-align: left">Shenzhen Qianhai Yingxi Industrial Chain Services Co., Ltd.</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90A_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20260331__srt--OwnershipAxis__custom--DongguanYushangClothingCoLtdMember_zP4FRaROiXxd" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90D_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20250331__srt--OwnershipAxis__custom--DongguanYushangClothingCoLtdMember_zOO0VApYft36" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Shenzhen Xin Kuai Jie Transportation Co., Ltd. (“XKJ”)</td><td> </td> <td style="text-align: left">P. R. China</td><td> </td> <td style="text-align: left"><span id="xdx_909_eus-gaap--EquityMethodInvestmentDescriptionOfPrincipalActivities_c20250401__20260331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--ShenzhenXinKuaiJieTransportationCoLtdMember_zUlAyNPXmu0b" title="Principal activities">Logistics Services</td><td> </td> <td style="text-align: left">Shenzhen Qianhai Yingxi Industrial Chain Services Co., Ltd.</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90F_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20260331__srt--OwnershipAxis__custom--ShenzhenXinKuaiJieTransportationCoLtdMember_zDxwvGgymhZ1" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_903_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20250331__srt--OwnershipAxis__custom--ShenzhenXinKuaiJieTransportationCoLtdMember_zHW4yJvdndpi" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Shenzhen Yingxi Peng Fa Logistic Co., Ltd. (“PF”)</td><td> </td> <td style="text-align: left">P. R. China</td><td> </td> <td style="text-align: left"><span id="xdx_902_eus-gaap--EquityMethodInvestmentDescriptionOfPrincipalActivities_c20250401__20260331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--ShenzhenYingxiPengFaLogisticCoLtdMember_zklNdcQAa501" title="Principal activities">Logistics Services</td><td> </td> <td style="text-align: left">Shenzhen Qianhai Yingxi Industrial Chain Services Co., Ltd.</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_904_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20260331__srt--OwnershipAxis__custom--ShenzhenYingxiPengFaLogisticCoLtdMember_z4HplNDPhB9d" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90E_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20250331__srt--OwnershipAxis__custom--ShenzhenYingxiPengFaLogisticCoLtdMember_z55nbJ48Z7rf" title="Effective ownership interest percent">100</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Keemo Fashion Group Limited (“KMFG”)</td><td> </td> <td style="text-align: left">Nevada, the United States</td><td> </td> <td style="text-align: left"><span id="xdx_900_eus-gaap--EquityMethodInvestmentDescriptionOfPrincipalActivities_c20250401__20260331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--KeemoFashionGroupLimitedMember_zX0koNo8POz" title="Principal activities">Investment holding & Acquired operations</td><td> </td> <td style="text-align: left">Addentax Group Corp.</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_907_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_c20260331__srt--OwnershipAxis__custom--KeemoFashionGroupLimitedMember_zIPza1sHuZjg" title="Effective ownership interest percent">62.18</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">Nil%</td><td style="text-align: left"> </td></tr> </table> Republic of Seychelles

Investment holding

Addentax Group Corp.

Hong Kong SAR

Investment holding

Yingxi Industrial Chain Group Co., Ltd.

P. R. China

Investment holding

Yingxi Industrial Chain Investment Co., Ltd.

P. R. China

Investment holding & Garment Manufacturing

Yingxi Textile & Garments Co., Ltd. (f/k/a Qianhai Yingxi Textile & Garments Co., Ltd.)

P. R. China

Garment Manufacturing

Shenzhen Yingxi Industrial Chain Services Co., Ltd. (f/k/a Shenzhen Qianhai Yingxi Industrial Chain Services Co., Ltd.)

P. R. China

Garment Manufacturing

Shenzhen Qianhai Yingxi Industrial Chain Services Co., Ltd.

P. R. China

Logistics Services

Shenzhen Qianhai Yingxi Industrial Chain Services Co., Ltd.

P. R. China

Logistics Services

Shenzhen Qianhai Yingxi Industrial Chain Services Co., Ltd.

Nevada, the United States

Investment holding & Acquired operations

Addentax Group Corp.

0.6218

2. BASIS OF PRESENTATION <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="text-align: justify; width: 0.25in">(a)</td> <td style="text-align: justify">Basis of Accounting</td></tr> </table> 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. <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="text-align: justify; width: 0.25in">(b)</td> <td style="text-align: justify">Going Concern</td></tr> </table> 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.

-4469165

-5094198

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (a) Use of Estimates The preparation of the consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Management makes these estimates using the best information available at the time the estimates are made; however, actual results could differ materially from those estimates. (b) Principles of Consolidation The consolidated financial statements include the accounts of the Company and all subsidiaries, as discussed above. A subsidiary is an entity in which the Company, directly or indirectly, controls more than one half of the voting powers; or has the power to appoint or remove the majority of the members of the board of directors; or to cast a majority of votes at the meeting of directors; or has the power to govern the financial and operating policies of the investee under a statute or agreement among the shareholders or equity holders. All significant intercompany balances and transactions have been eliminated in consolidation. (c) Business Combinations and Goodwill The Company accounts for business combinations in accordance with ASC 805, Business Combinations, using the acquisition method of accounting. The Company first evaluates whether an acquired set of activities and assets constitutes a business, including whether the acquired set includes inputs and substantive processes that together significantly contribute to the ability to create outputs. The Company also considers whether substantially all of the fair value of the gross assets acquired is concentrated in a single identifiable asset or group of similar identifiable assets, as applicable. For acquisitions that are accounted for as business combinations, the Company recognizes, separately from goodwill, the identifiable assets acquired, liabilities assumed and any noncontrolling interest in the acquiree at their estimated acquisition-date fair values. The purchase consideration transferred is measured at fair value as of the acquisition date. The excess of the purchase consideration transferred and the fair value of any noncontrolling interest in the acquiree over the fair value of the identifiable net assets acquired and liabilities assumed is recorded as goodwill. If the fair value of the identifiable net assets acquired exceeds the purchase consideration transferred and the fair value of any noncontrolling interest, the Company recognizes a bargain purchase gain after reassessing whether all assets acquired and liabilities assumed have been properly identified and measured. Acquisition-related costs, including legal, accounting, valuation and other professional fees, are expensed as incurred and included in general and administrative expenses. When the initial accounting for a business combination is incomplete by the end of the reporting period in which the acquisition occurs, the Company reports provisional amounts for the items for which the accounting is incomplete. During the measurement period, which shall not exceed one year from the acquisition date, the Company adjusts the provisional amounts recognized at the acquisition date to reflect new information obtained about facts and circumstances that existed as of the acquisition date and, if known, would have affected the measurement of the amounts recognized as of that date. Goodwill represents the excess of the purchase consideration transferred and the fair value of any noncontrolling interest over the estimated fair value of identifiable net assets acquired and liabilities assumed in a business combination. Goodwill is not amortized, but is tested for impairment at least annually, or more frequently if events or changes in circumstances indicate that goodwill may be impaired. The Company evaluates goodwill for impairment at the reporting unit level. The Company may first perform a qualitative assessment to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If the qualitative assessment indicates that it is more likely than not that the carrying amount exceeds fair value, or if the Company elects to bypass the qualitative assessment, the Company performs a quantitative impairment test. An impairment loss is recognized to the extent that the carrying amount of the reporting unit exceeds its fair value, limited to the carrying amount of goodwill allocated to that reporting unit. (d) Fair Value Measurement ASC 820, Fair Value Measurement, defines fair value, establishes a framework for measuring fair value and requires enhanced disclosures about fair value measurements. The statement clarifies that the exchange price is the price in an orderly transaction between market participants to sell the asset or transfer the liability in the market in which the reporting entity would transact for the asset or liability, that is, the principal or most advantageous market for the asset or liability. It also emphasizes that fair value is a market-based measurement, not an entity-specific measurement, and that market participant assumptions include assumptions about risk and effect of a restriction on the sale or use of an asset. This ASC establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are described below: Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities; Level 2: Quoted prices in markets that are not active, or inputs that are observable, either directly or indirectly, for substantially the full term of the asset or liability; and Level 3: Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (supported by little or no market activity). The Company has derivative liabilities, embedded conversion feature and warrants that are not traded in an active market with readily observable quoted prices, and therefore the Company used significant unobservable inputs (Level 3) to measure the fair value of these options and derivative liabilities at inception and at each subsequent balance sheet date. The change in fair value is recognized in the consolidated statement of operations and comprehensive loss during the year ended March 31, 2026. The Company’s financial instruments include cash, accounts receivable, advances to suppliers, other receivables, accounts payable, other payables, taxes payables and related party receivables or payables. Management estimates that the carrying amounts of financial instruments approximate their fair values due to their short-term nature. The fair value of amounts with related parties is not practicable to estimate due to the related party nature of the underlying transactions. (e) Cash and Cash Equivalents The Company considers all highly liquid investments purchased with original maturities of three months or less to be cash equivalents. All cash and cash equivalents relate to cash on hand and cash at bank at March 31, 2026 and 2025. The Renminbi is not freely convertible into foreign currencies. Under the PRC Foreign Exchange Control Regulations and Administration of Settlement, Sales and Payment of Foreign Exchange Regulations, the Company is permitted to exchange Renminbi for foreign currencies through banks that are authorized to conduct foreign exchange business. (f) Accounts Receivable, net Accounts receivable, net are stated at the historical carrying amount net of allowance for doubtful accounts. Accounts receivable are classified as financial assets subsequently measured at amortized cost. Accounts receivable are recognized when the Company becomes a party to the contractual provisions of the receivables. They are measured, at initial recognition, at fair value plus transaction costs, if any and are subsequently measured at amortized cost. The amortized cost is the amount recognized on the receivable initially, minus principal repayments, plus cumulative amortization (interest) using the effective interest method of any difference between the initial amount and the maturity amount, adjusted for any loss allowance. A loss allowance for expected credit losses is recognized on account receivables and is updated at each reporting date. The Company determines the expected credit losses provisions based on ASU No. 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (‘‘ASC 326’’) using a modified retrospective approach which did not have a material impact on the opening balance of accumulated deficit. To determine expected credit losses on accounts receivable, the Company will consider the historic credit loss experience, adjusted for factors that are specific to the debtors, general economic conditions, and an assessment of both the current and forecasted direction of conditions at the reporting date, including the time value of money, where appropriate. The loss allowance is calculated on a collective basis for all trade and other receivables in totality. An impairment gain or loss is recognized in profit or loss with a corresponding adjustment to the carrying amount of account receivables, through use of a loss allowance account. The impairment loss is included in operating expenses as a movement in credit loss allowance. Allowance for doubtful accounts was $51,629 and 49,457 for the years ended March 31, 2026 and 2025. Receivables are written off when there is information indicating that the counterparty is in severe financial difficulty and there is no realistic prospect of recovery, e.g., when the counterparty has been placed under liquidation or has entered into bankruptcy proceedings. Receivables written off may still be subject to enforcement activities under the Company’s recovery procedures, considering legal advice where appropriate. Any recoveries made are recognized in profit or loss. There is no change in the accounting policies for the year ended March 31, 2026. (g) Inventories Manufacturing segment inventories consist of raw materials, work in progress and finished goods and are stated at the lower of cost, determined on a weighted average basis, or net realizable value. Net realizable value is the estimated selling price in the ordinary course of business less the estimated cost of completion and the estimated costs necessary to make the sale. When inventories are sold, their carrying amount is charged to expense in the period in which the revenue is recognized. Write-downs for declines in net realizable value or for losses of inventories are recognized as an expense in the period the impairment or loss occurs. No inventory write-downs were recognized during the years ended March 31, 2026 and 2025. (h) Plant and Equipment Plant and equipment are carried at cost less accumulated depreciation. Depreciation is provided over the assets’ estimated useful lives, using the straight-line method. Estimated useful lives of the plant and equipment are as follows: SCHEDULE OF PLANT AND EQUIPMENT USEFUL LIVES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%; margin-left: 0.25in"> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 80%; text-align: justify">Production plant</td> <td style="width: 2%; text-align: left"> </td><td style="width: 18%; text-align: right"><span id="xdx_903_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--EquipmentMember__srt--RangeAxis__srt--MinimumMember_ziYW5Zps33Rg" title="Plant and equipment, useful lives">5-<span id="xdx_906_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--EquipmentMember__srt--RangeAxis__srt--MaximumMember_zMYYLlfAYqc2" title="Plant and equipment, useful lives">10 years</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Motor vehicles</td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_904_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--MotorVehiclesMember__srt--RangeAxis__srt--MinimumMember_zDsP6yHjACc" title="Plant and equipment, useful lives">10-<span id="xdx_906_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--MotorVehiclesMember__srt--RangeAxis__srt--MaximumMember_zvIyjEmv2iyh" title="Plant and equipment, useful lives">15 years</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Office equipment</td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_908_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember__srt--RangeAxis__srt--MinimumMember_zVp4eaORbv4l" title="Plant and equipment, useful lives">5-<span id="xdx_90F_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember__srt--RangeAxis__srt--MaximumMember_zaCzaLLoGcZ2" title="Plant and equipment, useful lives">10 years</td></tr> </table> The cost and related accumulated depreciation of assets sold or otherwise retired are eliminated from the accounts and any gain or loss is included in the statement of loss and comprehensive loss. The cost of maintenance and repairs is charged to the statement of income as incurred, whereas significant renewals and betterments are capitalized. (i) Accounting for the Impairment of Long-Lived Assets Long-lived assets held and used by the Company are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of assets may not be recoverable. It is reasonably possible that these assets could become impaired as a result of technology or other industry changes. Determination of recoverability of assets to be held and used is by comparing the carrying amount of an asset to future net undiscounted cash flows to be generated by the assets. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or fair value less costs to sell. There was no impairment of long-lived assets as of March 31, 2026 and 2025. (j) Revenue Recognition Revenue from continuing operations is generated primarily from garment manufacturing, logistics services and consulting services. The Company recognizes revenue in accordance with ASC Topic 606, Revenue from Contracts with Customers, when control of the promised goods or services is transferred to the customer in an amount that reflects the consideration to which the Company expects to be entitled in exchange for those goods or services. The Company applies the following five-step model to recognize revenue from contracts with customers: (i) identification of the contract with the customer; (ii) identification of the performance obligations in the contract; (iii) determination of the transaction price; (iv) allocation of the transaction price to the performance obligations in the contract; and (v) recognition of revenue when, or as, the Company satisfies the performance obligations. <p id="xdx_892_eus-gaap--ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock_zTbzF4S6OFPk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-align: justify">The following table summarizes the Company’s major revenue streams for the years ended March 31, 2026 and 2025: SCHEDULE OF MAJOR REVENUE STREAMS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 97%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid">Type of Revenue</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49C_20250401__20260331_z6A2J80ruFLa" style="border-bottom: Black 1pt solid; text-align: center">Amount for the year ended March 31, 2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20240401__20250331_zDLjN7FJidM2" style="border-bottom: Black 1pt solid; text-align: center">Amount for the year ended March 31, 2025</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Principal/Agent Assessment</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Timing of Revenue Recognition</td></tr> <tr id="xdx_401_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_hsrt--ProductOrServiceAxis__custom--GarmentManufacturingBusinessMember_zs9O5NXF2Bjf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 28%; text-align: left">Garment Manufacturing Business</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">40,911</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">283,042</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="text-align: center; width: 14%">Principal</td><td style="width: 2%"> </td> <td style="width: 14%; text-align: center">Point in time</td></tr> <tr id="xdx_403_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_hsrt--ProductOrServiceAxis__custom--LogisticsServiceMember_zvGIfZh9vBsh" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Logistics Service</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">3,176,711</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">3,018,325</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center">Principal</td><td> </td> <td style="text-align: center">Point in time</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Consulting Services</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">2,153,501</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">Nil</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center">Agent</td><td> </td> <td style="text-align: center">Point in time</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Property Management Business</td><td> </td> <td style="vertical-align: top; text-align: left">$</td><td style="text-align: right"> Nil/ Discontinued operation</td><td style="text-align: left"> </td><td> </td> <td style="vertical-align: top; text-align: left">$</td><td style="text-align: right">879,547</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center">Principal</td><td> </td> <td style="text-align: center">Overtime</td></tr> <tr id="xdx_403_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_zkTYZGK9TlX1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Total</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">5,371,183</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">4,180,914</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td> </td> <td style="text-align: center"> </td></tr> <tr id="xdx_400_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_zbQAR0MxBVeb" style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Revenue</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">5,371,183</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">4,180,914</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td> </td> <td style="text-align: center"> </td></tr> </table> For the garment manufacturing business, revenue is generated primarily from the sale of garments and related products to customers based on purchase orders or sales contracts. The Company generally recognizes revenue at a point in time when control of the products is transferred to the customer, which typically occurs upon delivery of the products to the customer or other delivery point specified in the relevant customer arrangement. At that time, the customer has the ability to direct the use of, and obtain substantially all of the remaining benefits from, the products. Revenue is measured based on the transaction price specified in the customer contract or purchase order, net of applicable discounts, returns, allowances or other variable consideration, if any. The Company did not have any material discounts, returns, allowances or other variable consideration related to garment manufacturing revenue during the year ended March 31, 2026. For the logistics services business, revenue is generated primarily from the provision of delivery, transportation and related logistics services. The Company generally recognizes revenue at a point in time when the related logistics service has been completed in accordance with the customer arrangement. The Company’s performance obligation is typically satisfied when the goods have been delivered to the agreed destination or when the relevant delivery or logistics service has otherwise been completed and accepted by the customer. Revenue is measured based on the agreed service fee specified in the customer contract, delivery order, settlement statement or other relevant arrangement. The Company did not have any material rebates, credits or other variable consideration related to logistics services revenue during the year ended March 31, 2026. For the consulting services business, revenue is generated through Yingxi HK, the Company’s Hong Kong subsidiary. The consulting services primarily includes customer consultation, appointment coordination, referral and liaison with third-party insurance brokers or other service providers, and related administrative support. The Company generally recognizes revenue when the agreed consulting, referral, coordination or administrative support services have been completed and the Company’s right to consideration has been established. If the consideration is contingent upon the successful completion or effectiveness of a customer arrangement with a third-party service provider, the Company recognizes revenue only when the contingency is resolved and it is probable that a significant reversal of revenue will not occur. The Company did not have any material refunds, clawbacks or other variable consideration related to consulting services revenue during the year ended March 31, 2026. The Company evaluates whether it acts as a principal or an agent in each consulting services arrangement. To the extent the Company acts as an agent and does not control the underlying insurance products or other third-party services before they are provided to customers, the Company recognizes revenue on a net basis for the consulting, referral or coordination fee to which it expects to be entitled, and does not recognize the gross amount of insurance premiums or other amounts charged by third-party service providers. The Company’s property management and subleasing business was disposed of during the fiscal year ended March 31, 2026 and has been classified as discontinued operations. Accordingly, the revenue recognition policies described above relate to the Company’s continuing operations. The Company’s contracts generally do not include a significant financing component, as the period between the transfer of the promised goods or services and payment is generally one year or less. Accounts receivable are recorded when the Company has an unconditional right to consideration. Amounts received from customers before the Company satisfies its performance obligations are recorded as contract liabilities or deferred revenue and are recognized as revenue when the related performance obligations are satisfied. Contract Balances and Variable Consideration Contract liabilities primarily consist of deferred revenue related to payments or consideration received before the Company satisfies its performance obligations. Deferred revenue is recognized as revenue when the related performance obligations are satisfied. As of March 31, 2026 and 2025, the Company’s contract liabilities, presented as deferred revenue, were approximately $45,255 and $0, respectively. Revenue recognized during the year ended March 31, 2026 from amounts included in contract liabilities at the beginning of the fiscal year was $0. The deferred revenue balance as of March 31, 2026 was primarily related to the digital publishing business acquired through KMFG near the end of the fiscal year. The Company did not have material refund, rebate, discount, credit or other variable consideration arrangements during the year ended March 31, 2026. The Company also did not identify any other material contract asset, contract liability or variable consideration disclosure required under ASC Topic 606. (k) Earnings Per Share The Company reports earnings (loss) per share in accordance with ASC 260 “Earnings Per Share”, which requires presentation of basic and diluted earnings per share in conjunction with the disclosure of the methodology used in computing such earnings per share. Basic earnings per share excludes dilution and is computed by dividing income available to common stockholders by the weighted average common shares outstanding during the reporting period. Diluted earnings per share takes into account the potential dilution that could occur if securities or other contracts to issue common stock were exercised and converted into common stock. Further, if the number of common shares outstanding increases as a result of a stock dividend or stock split or decreases as a result of a reverse stock split, the computations of a basic and diluted earnings per share shall be adjusted retroactively for all periods presented to reflect that change in capital structure. Diluted earnings (loss) per share is calculated by dividing net earnings (loss) attributable to ordinary shareholders, as adjusted for the effect of dilutive ordinary equivalent shares, if any, by the weighted average number of ordinary and dilutive ordinary equivalent shares outstanding during the period. Ordinary equivalent shares consist of unvested restricted shares, Common Stock issuable upon the exercise of outstanding share options using the treasury stock method, and Common Stock issuable upon the conversion of convertible note, option and preferred shares using the if converted method. Ordinary equivalent shares are not included in the denominator of the diluted earnings per share calculation when inclusion of such shares would be anti-dilutive. (l) Income Taxes The Company accounts for income taxes using the asset and liability method prescribed by ASC 740, Income Taxes. Under this method, deferred tax assets and liabilities are determined based on the temporary differences between the financial reporting and tax bases of assets and liabilities using enacted tax rates expected to be in effect in the periods in which the temporary differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income or loss in the period that includes the enactment date. The Company records a valuation allowance to reduce deferred tax assets to the amount that is more likely than not to be realized. In evaluating the realizability of deferred tax assets, management considers all available evidence, including historical operating results, expected future taxable income, tax planning strategies and the nature of temporary differences. Due to the Company’s history of losses and the uncertainty of generating sufficient future taxable income, the Company has recorded a valuation allowance against deferred tax assets to the extent management determined that realization of such deferred tax assets was not more likely than not. The Company and its subsidiaries are subject to income taxes in the jurisdictions in which they are incorporated or conduct business, including the United States, the PRC and Hong Kong. The Company’s PRC subsidiaries are generally subject to PRC Enterprise Income Tax at the statutory rate of <span id="xdx_90C_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_pid_dp_uPure_c20250401__20260331__srt--StatementGeographicalAxis__custom--PeoplesRepublicOfChinaMember_zZrJ9y3waIj1" title="Effective federal statutory tax rate">25%, unless preferential tax rates or other tax incentives are available and applicable. Yingxi HK is incorporated in Hong Kong and is subject to Hong Kong profits tax. The standard Hong Kong profits tax rate for corporations is <span id="xdx_906_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_pid_dp_uPure_c20250401__20260331__srt--StatementGeographicalAxis__country--HK_zYg6w2VGjkvl" title="Effective federal statutory tax rate">16.5%, subject to the applicable two-tiered profits tax rates regime where applicable. The Company’s parent entity, Addentax Group Corp., and KMFG are U.S. entities and are subject to U.S. federal income tax at the applicable federal corporate income tax rate. The Company evaluates uncertain tax positions in accordance with ASC 740. Interest and penalties related to uncertain tax positions, if any, are recognized as a component of income tax expense. The Company did not have any material unrecognized tax benefits, accrued interest or penalties related to uncertain tax positions for the years ended March 31, 2026 and 2025. The Company does not expect that its unrecognized tax positions will materially change within the next 12 months. No provision for U.S. federal income taxes has been made for the years ended March 31, 2026 and 2025 because the relevant U.S. entities did not generate taxable income during the respective periods. No provision for Hong Kong profits tax has been made for the years ended March 31, 2026 and 2025 because Yingxi HK did not generate taxable income during the respective periods. Income tax expense recognized for the years ended March 31, 2026 and 2025 was primarily attributable to the Company’s PRC subsidiaries. (m) Leases Lessee The Company determines if an arrangement is a lease at inception. Operating leases are included in operating lease right-of-use (“ROU”) assets, other current liabilities, and operating lease liabilities in our consolidated balance sheets. ROU assets represent the right to use an underlying asset for the lease term and lease liabilities represent the obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As most of the leases do not provide an implicit rate, the Company generally uses the incremental borrowing rate based on the estimated rate of interest for collateralized borrowing over a similar term of the lease payments at commencement date. The operating lease ROU asset also includes any lease payments made and excludes lease incentives. Lease expense for lease payments is recognized on a straight-line basis over the lease term. Lessor As a lessor, the Company’s leases are classified as operating leases under ASC 842. Leases, in which the Company is the lessor, are substantially all accounted for as operating leases and the lease components and non-lease components are accounted for separately. Rental income from operating leases is recognized on a straight-line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognized on a straight-line basis over the lease term. (n) Related parties Parties are considered to be related to the Company if the parties, directly or indirectly, through one or more intermediaries, control, are controlled by, or are under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal with if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. The Company discloses all significant related party transactions. (o) Reverse Stock Split On March 30, 2026, the Company effected a reverse stock split of its outstanding shares of common stock at a ratio of one-for-fifteen. As a result of the reverse stock split, every fifteen shares of common stock outstanding immediately prior to the effective time were reclassified and combined into one share of common stock, without any change in the par value of $0.001 per share or the total number of authorized shares. No fractional shares were issued in connection with the reverse stock split, and stockholders who would otherwise have been entitled to receive a fractional share received one whole share of common stock in lieu of such fractional share. All share counts, weighted-average shares outstanding, basic and diluted net loss per share, share-based awards, warrants and convertible preferred stock conversion amounts for all periods presented in these consolidated financial statements have been retrospectively adjusted to reflect the reverse stock split to maintain period-to-period comparability. Total stockholders’ equity was not affected by the reverse stock split. (p) Recently issued and adopted accounting pronouncements The Company reviews new accounting standards as issued by the Financial Accounting Standards Board, or FASB, and evaluates the potential impact of such standards on the Company’s consolidated financial statements and related disclosures. In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. ASU 2023-07 requires enhanced disclosures about significant segment expenses and other segment items and applies to all public entities, including entities with a single reportable segment. The Company adopted ASU 2023-07 for the fiscal year ended March 31, 2026. The adoption of ASU 2023-07 did not have a material impact on the Company’s consolidated financial position, results of operations or cash flows, but resulted in enhanced segment-related disclosures. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. ASU 2023-09 requires enhanced income tax disclosures, including additional disaggregation of information in the rate reconciliation and income taxes paid by jurisdiction. The Company adopted ASU 2023-09 for the fiscal year ended March 31, 2026. The adoption of ASU 2023-09 did not have a material impact on the Company’s consolidated financial position, results of operations or cash flows, but resulted in enhanced income tax-related disclosures. In November 2024, the FASB issued ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses. ASU 2024-03 requires public business entities to provide additional disclosures about certain categories of expenses included in relevant income statement captions. ASU 2024-03 is effective for annual reporting periods beginning after December 15, 2026 and interim reporting periods within annual reporting periods beginning after December 15, 2027, with early adoption permitted. The Company is currently evaluating the impact of this standard on its consolidated financial statement disclosures. In November 2024, the FASB issued ASU 2024-04, Debt—Debt with Conversion and Other Options (Subtopic 470-20): Induced Conversions of Convertible Debt Instruments. ASU 2024-04 clarifies the requirements for determining whether certain settlements of convertible debt instruments should be accounted for as induced conversions. ASU 2024-04 is effective for annual reporting periods beginning after December 15, 2025 and interim reporting periods within those annual reporting periods, with early adoption permitted. The Company is currently evaluating the impact of this standard on its consolidated financial statements and related disclosures. Management has not identified any other recently issued accounting standards that are expected to have a material impact on the Company’s consolidated financial statements or related disclosures.

(a) Use of Estimates The preparation of the consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Management makes these estimates using the best information available at the time the estimates are made; however, actual results could differ materially from those estimates.

(b) Principles of Consolidation The consolidated financial statements include the accounts of the Company and all subsidiaries, as discussed above. A subsidiary is an entity in which the Company, directly or indirectly, controls more than one half of the voting powers; or has the power to appoint or remove the majority of the members of the board of directors; or to cast a majority of votes at the meeting of directors; or has the power to govern the financial and operating policies of the investee under a statute or agreement among the shareholders or equity holders. All significant intercompany balances and transactions have been eliminated in consolidation.

(c) Business Combinations and Goodwill The Company accounts for business combinations in accordance with ASC 805, Business Combinations, using the acquisition method of accounting. The Company first evaluates whether an acquired set of activities and assets constitutes a business, including whether the acquired set includes inputs and substantive processes that together significantly contribute to the ability to create outputs. The Company also considers whether substantially all of the fair value of the gross assets acquired is concentrated in a single identifiable asset or group of similar identifiable assets, as applicable. For acquisitions that are accounted for as business combinations, the Company recognizes, separately from goodwill, the identifiable assets acquired, liabilities assumed and any noncontrolling interest in the acquiree at their estimated acquisition-date fair values. The purchase consideration transferred is measured at fair value as of the acquisition date. The excess of the purchase consideration transferred and the fair value of any noncontrolling interest in the acquiree over the fair value of the identifiable net assets acquired and liabilities assumed is recorded as goodwill. If the fair value of the identifiable net assets acquired exceeds the purchase consideration transferred and the fair value of any noncontrolling interest, the Company recognizes a bargain purchase gain after reassessing whether all assets acquired and liabilities assumed have been properly identified and measured. Acquisition-related costs, including legal, accounting, valuation and other professional fees, are expensed as incurred and included in general and administrative expenses. When the initial accounting for a business combination is incomplete by the end of the reporting period in which the acquisition occurs, the Company reports provisional amounts for the items for which the accounting is incomplete. During the measurement period, which shall not exceed one year from the acquisition date, the Company adjusts the provisional amounts recognized at the acquisition date to reflect new information obtained about facts and circumstances that existed as of the acquisition date and, if known, would have affected the measurement of the amounts recognized as of that date. Goodwill represents the excess of the purchase consideration transferred and the fair value of any noncontrolling interest over the estimated fair value of identifiable net assets acquired and liabilities assumed in a business combination. Goodwill is not amortized, but is tested for impairment at least annually, or more frequently if events or changes in circumstances indicate that goodwill may be impaired. The Company evaluates goodwill for impairment at the reporting unit level. The Company may first perform a qualitative assessment to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If the qualitative assessment indicates that it is more likely than not that the carrying amount exceeds fair value, or if the Company elects to bypass the qualitative assessment, the Company performs a quantitative impairment test. An impairment loss is recognized to the extent that the carrying amount of the reporting unit exceeds its fair value, limited to the carrying amount of goodwill allocated to that reporting unit.

(d) Fair Value Measurement ASC 820, Fair Value Measurement, defines fair value, establishes a framework for measuring fair value and requires enhanced disclosures about fair value measurements. The statement clarifies that the exchange price is the price in an orderly transaction between market participants to sell the asset or transfer the liability in the market in which the reporting entity would transact for the asset or liability, that is, the principal or most advantageous market for the asset or liability. It also emphasizes that fair value is a market-based measurement, not an entity-specific measurement, and that market participant assumptions include assumptions about risk and effect of a restriction on the sale or use of an asset. This ASC establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are described below: Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities; Level 2: Quoted prices in markets that are not active, or inputs that are observable, either directly or indirectly, for substantially the full term of the asset or liability; and Level 3: Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (supported by little or no market activity). The Company has derivative liabilities, embedded conversion feature and warrants that are not traded in an active market with readily observable quoted prices, and therefore the Company used significant unobservable inputs (Level 3) to measure the fair value of these options and derivative liabilities at inception and at each subsequent balance sheet date. The change in fair value is recognized in the consolidated statement of operations and comprehensive loss during the year ended March 31, 2026. The Company’s financial instruments include cash, accounts receivable, advances to suppliers, other receivables, accounts payable, other payables, taxes payables and related party receivables or payables. Management estimates that the carrying amounts of financial instruments approximate their fair values due to their short-term nature. The fair value of amounts with related parties is not practicable to estimate due to the related party nature of the underlying transactions.

(e) Cash and Cash Equivalents The Company considers all highly liquid investments purchased with original maturities of three months or less to be cash equivalents. All cash and cash equivalents relate to cash on hand and cash at bank at March 31, 2026 and 2025. The Renminbi is not freely convertible into foreign currencies. Under the PRC Foreign Exchange Control Regulations and Administration of Settlement, Sales and Payment of Foreign Exchange Regulations, the Company is permitted to exchange Renminbi for foreign currencies through banks that are authorized to conduct foreign exchange business.

(f) Accounts Receivable, net Accounts receivable, net are stated at the historical carrying amount net of allowance for doubtful accounts. Accounts receivable are classified as financial assets subsequently measured at amortized cost. Accounts receivable are recognized when the Company becomes a party to the contractual provisions of the receivables. They are measured, at initial recognition, at fair value plus transaction costs, if any and are subsequently measured at amortized cost. The amortized cost is the amount recognized on the receivable initially, minus principal repayments, plus cumulative amortization (interest) using the effective interest method of any difference between the initial amount and the maturity amount, adjusted for any loss allowance. A loss allowance for expected credit losses is recognized on account receivables and is updated at each reporting date. The Company determines the expected credit losses provisions based on ASU No. 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (‘‘ASC 326’’) using a modified retrospective approach which did not have a material impact on the opening balance of accumulated deficit. To determine expected credit losses on accounts receivable, the Company will consider the historic credit loss experience, adjusted for factors that are specific to the debtors, general economic conditions, and an assessment of both the current and forecasted direction of conditions at the reporting date, including the time value of money, where appropriate. The loss allowance is calculated on a collective basis for all trade and other receivables in totality. An impairment gain or loss is recognized in profit or loss with a corresponding adjustment to the carrying amount of account receivables, through use of a loss allowance account. The impairment loss is included in operating expenses as a movement in credit loss allowance. Allowance for doubtful accounts was $51,629 and 49,457 for the years ended March 31, 2026 and 2025. Receivables are written off when there is information indicating that the counterparty is in severe financial difficulty and there is no realistic prospect of recovery, e.g., when the counterparty has been placed under liquidation or has entered into bankruptcy proceedings. Receivables written off may still be subject to enforcement activities under the Company’s recovery procedures, considering legal advice where appropriate. Any recoveries made are recognized in profit or loss. There is no change in the accounting policies for the year ended March 31, 2026.

51629

49457

(g) Inventories Manufacturing segment inventories consist of raw materials, work in progress and finished goods and are stated at the lower of cost, determined on a weighted average basis, or net realizable value. Net realizable value is the estimated selling price in the ordinary course of business less the estimated cost of completion and the estimated costs necessary to make the sale. When inventories are sold, their carrying amount is charged to expense in the period in which the revenue is recognized. Write-downs for declines in net realizable value or for losses of inventories are recognized as an expense in the period the impairment or loss occurs. No inventory write-downs were recognized during the years ended March 31, 2026 and 2025.

(h) Plant and Equipment Plant and equipment are carried at cost less accumulated depreciation. Depreciation is provided over the assets’ estimated useful lives, using the straight-line method. Estimated useful lives of the plant and equipment are as follows: SCHEDULE OF PLANT AND EQUIPMENT USEFUL LIVES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%; margin-left: 0.25in"> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 80%; text-align: justify">Production plant</td> <td style="width: 2%; text-align: left"> </td><td style="width: 18%; text-align: right"><span id="xdx_903_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--EquipmentMember__srt--RangeAxis__srt--MinimumMember_ziYW5Zps33Rg" title="Plant and equipment, useful lives">5-<span id="xdx_906_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--EquipmentMember__srt--RangeAxis__srt--MaximumMember_zMYYLlfAYqc2" title="Plant and equipment, useful lives">10 years</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Motor vehicles</td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_904_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--MotorVehiclesMember__srt--RangeAxis__srt--MinimumMember_zDsP6yHjACc" title="Plant and equipment, useful lives">10-<span id="xdx_906_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--MotorVehiclesMember__srt--RangeAxis__srt--MaximumMember_zvIyjEmv2iyh" title="Plant and equipment, useful lives">15 years</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Office equipment</td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_908_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember__srt--RangeAxis__srt--MinimumMember_zVp4eaORbv4l" title="Plant and equipment, useful lives">5-<span id="xdx_90F_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember__srt--RangeAxis__srt--MaximumMember_zaCzaLLoGcZ2" title="Plant and equipment, useful lives">10 years</td></tr> </table> The cost and related accumulated depreciation of assets sold or otherwise retired are eliminated from the accounts and any gain or loss is included in the statement of loss and comprehensive loss. The cost of maintenance and repairs is charged to the statement of income as incurred, whereas significant renewals and betterments are capitalized.

SCHEDULE OF PLANT AND EQUIPMENT USEFUL LIVES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%; margin-left: 0.25in"> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 80%; text-align: justify">Production plant</td> <td style="width: 2%; text-align: left"> </td><td style="width: 18%; text-align: right"><span id="xdx_903_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--EquipmentMember__srt--RangeAxis__srt--MinimumMember_ziYW5Zps33Rg" title="Plant and equipment, useful lives">5-<span id="xdx_906_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--EquipmentMember__srt--RangeAxis__srt--MaximumMember_zMYYLlfAYqc2" title="Plant and equipment, useful lives">10 years</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Motor vehicles</td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_904_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--MotorVehiclesMember__srt--RangeAxis__srt--MinimumMember_zDsP6yHjACc" title="Plant and equipment, useful lives">10-<span id="xdx_906_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--MotorVehiclesMember__srt--RangeAxis__srt--MaximumMember_zvIyjEmv2iyh" title="Plant and equipment, useful lives">15 years</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Office equipment</td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_908_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember__srt--RangeAxis__srt--MinimumMember_zVp4eaORbv4l" title="Plant and equipment, useful lives">5-<span id="xdx_90F_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember__srt--RangeAxis__srt--MaximumMember_zaCzaLLoGcZ2" title="Plant and equipment, useful lives">10 years</td></tr> </table>

P5Y

P10Y

P15Y

P5Y

P10Y

(i) Accounting for the Impairment of Long-Lived Assets Long-lived assets held and used by the Company are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of assets may not be recoverable. It is reasonably possible that these assets could become impaired as a result of technology or other industry changes. Determination of recoverability of assets to be held and used is by comparing the carrying amount of an asset to future net undiscounted cash flows to be generated by the assets. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or fair value less costs to sell. There was no impairment of long-lived assets as of March 31, 2026 and 2025.

(j) Revenue Recognition Revenue from continuing operations is generated primarily from garment manufacturing, logistics services and consulting services. The Company recognizes revenue in accordance with ASC Topic 606, Revenue from Contracts with Customers, when control of the promised goods or services is transferred to the customer in an amount that reflects the consideration to which the Company expects to be entitled in exchange for those goods or services. The Company applies the following five-step model to recognize revenue from contracts with customers: (i) identification of the contract with the customer; (ii) identification of the performance obligations in the contract; (iii) determination of the transaction price; (iv) allocation of the transaction price to the performance obligations in the contract; and (v) recognition of revenue when, or as, the Company satisfies the performance obligations. <p id="xdx_892_eus-gaap--ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock_zTbzF4S6OFPk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-align: justify">The following table summarizes the Company’s major revenue streams for the years ended March 31, 2026 and 2025: SCHEDULE OF MAJOR REVENUE STREAMS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 97%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid">Type of Revenue</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49C_20250401__20260331_z6A2J80ruFLa" style="border-bottom: Black 1pt solid; text-align: center">Amount for the year ended March 31, 2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20240401__20250331_zDLjN7FJidM2" style="border-bottom: Black 1pt solid; text-align: center">Amount for the year ended March 31, 2025</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Principal/Agent Assessment</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Timing of Revenue Recognition</td></tr> <tr id="xdx_401_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_hsrt--ProductOrServiceAxis__custom--GarmentManufacturingBusinessMember_zs9O5NXF2Bjf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 28%; text-align: left">Garment Manufacturing Business</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">40,911</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">283,042</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="text-align: center; width: 14%">Principal</td><td style="width: 2%"> </td> <td style="width: 14%; text-align: center">Point in time</td></tr> <tr id="xdx_403_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_hsrt--ProductOrServiceAxis__custom--LogisticsServiceMember_zvGIfZh9vBsh" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Logistics Service</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">3,176,711</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">3,018,325</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center">Principal</td><td> </td> <td style="text-align: center">Point in time</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Consulting Services</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">2,153,501</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">Nil</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center">Agent</td><td> </td> <td style="text-align: center">Point in time</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Property Management Business</td><td> </td> <td style="vertical-align: top; text-align: left">$</td><td style="text-align: right"> Nil/ Discontinued operation</td><td style="text-align: left"> </td><td> </td> <td style="vertical-align: top; text-align: left">$</td><td style="text-align: right">879,547</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center">Principal</td><td> </td> <td style="text-align: center">Overtime</td></tr> <tr id="xdx_403_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_zkTYZGK9TlX1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Total</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">5,371,183</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">4,180,914</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td> </td> <td style="text-align: center"> </td></tr> <tr id="xdx_400_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_zbQAR0MxBVeb" style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Revenue</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">5,371,183</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">4,180,914</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td> </td> <td style="text-align: center"> </td></tr> </table> For the garment manufacturing business, revenue is generated primarily from the sale of garments and related products to customers based on purchase orders or sales contracts. The Company generally recognizes revenue at a point in time when control of the products is transferred to the customer, which typically occurs upon delivery of the products to the customer or other delivery point specified in the relevant customer arrangement. At that time, the customer has the ability to direct the use of, and obtain substantially all of the remaining benefits from, the products. Revenue is measured based on the transaction price specified in the customer contract or purchase order, net of applicable discounts, returns, allowances or other variable consideration, if any. The Company did not have any material discounts, returns, allowances or other variable consideration related to garment manufacturing revenue during the year ended March 31, 2026. For the logistics services business, revenue is generated primarily from the provision of delivery, transportation and related logistics services. The Company generally recognizes revenue at a point in time when the related logistics service has been completed in accordance with the customer arrangement. The Company’s performance obligation is typically satisfied when the goods have been delivered to the agreed destination or when the relevant delivery or logistics service has otherwise been completed and accepted by the customer. Revenue is measured based on the agreed service fee specified in the customer contract, delivery order, settlement statement or other relevant arrangement. The Company did not have any material rebates, credits or other variable consideration related to logistics services revenue during the year ended March 31, 2026. For the consulting services business, revenue is generated through Yingxi HK, the Company’s Hong Kong subsidiary. The consulting services primarily includes customer consultation, appointment coordination, referral and liaison with third-party insurance brokers or other service providers, and related administrative support. The Company generally recognizes revenue when the agreed consulting, referral, coordination or administrative support services have been completed and the Company’s right to consideration has been established. If the consideration is contingent upon the successful completion or effectiveness of a customer arrangement with a third-party service provider, the Company recognizes revenue only when the contingency is resolved and it is probable that a significant reversal of revenue will not occur. The Company did not have any material refunds, clawbacks or other variable consideration related to consulting services revenue during the year ended March 31, 2026. The Company evaluates whether it acts as a principal or an agent in each consulting services arrangement. To the extent the Company acts as an agent and does not control the underlying insurance products or other third-party services before they are provided to customers, the Company recognizes revenue on a net basis for the consulting, referral or coordination fee to which it expects to be entitled, and does not recognize the gross amount of insurance premiums or other amounts charged by third-party service providers. The Company’s property management and subleasing business was disposed of during the fiscal year ended March 31, 2026 and has been classified as discontinued operations. Accordingly, the revenue recognition policies described above relate to the Company’s continuing operations. The Company’s contracts generally do not include a significant financing component, as the period between the transfer of the promised goods or services and payment is generally one year or less. Accounts receivable are recorded when the Company has an unconditional right to consideration. Amounts received from customers before the Company satisfies its performance obligations are recorded as contract liabilities or deferred revenue and are recognized as revenue when the related performance obligations are satisfied. Contract Balances and Variable Consideration Contract liabilities primarily consist of deferred revenue related to payments or consideration received before the Company satisfies its performance obligations. Deferred revenue is recognized as revenue when the related performance obligations are satisfied. As of March 31, 2026 and 2025, the Company’s contract liabilities, presented as deferred revenue, were approximately $45,255 and $0, respectively. Revenue recognized during the year ended March 31, 2026 from amounts included in contract liabilities at the beginning of the fiscal year was $0. The deferred revenue balance as of March 31, 2026 was primarily related to the digital publishing business acquired through KMFG near the end of the fiscal year. The Company did not have material refund, rebate, discount, credit or other variable consideration arrangements during the year ended March 31, 2026. The Company also did not identify any other material contract asset, contract liability or variable consideration disclosure required under ASC Topic 606.

<p id="xdx_892_eus-gaap--ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock_zTbzF4S6OFPk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-align: justify">The following table summarizes the Company’s major revenue streams for the years ended March 31, 2026 and 2025: SCHEDULE OF MAJOR REVENUE STREAMS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 97%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid">Type of Revenue</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49C_20250401__20260331_z6A2J80ruFLa" style="border-bottom: Black 1pt solid; text-align: center">Amount for the year ended March 31, 2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20240401__20250331_zDLjN7FJidM2" style="border-bottom: Black 1pt solid; text-align: center">Amount for the year ended March 31, 2025</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Principal/Agent Assessment</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Timing of Revenue Recognition</td></tr> <tr id="xdx_401_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_hsrt--ProductOrServiceAxis__custom--GarmentManufacturingBusinessMember_zs9O5NXF2Bjf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 28%; text-align: left">Garment Manufacturing Business</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">40,911</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">283,042</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="text-align: center; width: 14%">Principal</td><td style="width: 2%"> </td> <td style="width: 14%; text-align: center">Point in time</td></tr> <tr id="xdx_403_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_hsrt--ProductOrServiceAxis__custom--LogisticsServiceMember_zvGIfZh9vBsh" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Logistics Service</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">3,176,711</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">3,018,325</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center">Principal</td><td> </td> <td style="text-align: center">Point in time</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Consulting Services</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">2,153,501</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">Nil</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center">Agent</td><td> </td> <td style="text-align: center">Point in time</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Property Management Business</td><td> </td> <td style="vertical-align: top; text-align: left">$</td><td style="text-align: right"> Nil/ Discontinued operation</td><td style="text-align: left"> </td><td> </td> <td style="vertical-align: top; text-align: left">$</td><td style="text-align: right">879,547</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center">Principal</td><td> </td> <td style="text-align: center">Overtime</td></tr> <tr id="xdx_403_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_zkTYZGK9TlX1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Total</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">5,371,183</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">4,180,914</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td> </td> <td style="text-align: center"> </td></tr> <tr id="xdx_400_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_zbQAR0MxBVeb" style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Revenue</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">5,371,183</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">4,180,914</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td> </td> <td style="text-align: center"> </td></tr> </table>

40911

283042

3176711

3018325

2153501

879547

5371183

4180914

5371183

4180914

45255

(k) Earnings Per Share The Company reports earnings (loss) per share in accordance with ASC 260 “Earnings Per Share”, which requires presentation of basic and diluted earnings per share in conjunction with the disclosure of the methodology used in computing such earnings per share. Basic earnings per share excludes dilution and is computed by dividing income available to common stockholders by the weighted average common shares outstanding during the reporting period. Diluted earnings per share takes into account the potential dilution that could occur if securities or other contracts to issue common stock were exercised and converted into common stock. Further, if the number of common shares outstanding increases as a result of a stock dividend or stock split or decreases as a result of a reverse stock split, the computations of a basic and diluted earnings per share shall be adjusted retroactively for all periods presented to reflect that change in capital structure. Diluted earnings (loss) per share is calculated by dividing net earnings (loss) attributable to ordinary shareholders, as adjusted for the effect of dilutive ordinary equivalent shares, if any, by the weighted average number of ordinary and dilutive ordinary equivalent shares outstanding during the period. Ordinary equivalent shares consist of unvested restricted shares, Common Stock issuable upon the exercise of outstanding share options using the treasury stock method, and Common Stock issuable upon the conversion of convertible note, option and preferred shares using the if converted method. Ordinary equivalent shares are not included in the denominator of the diluted earnings per share calculation when inclusion of such shares would be anti-dilutive.

(l) Income Taxes The Company accounts for income taxes using the asset and liability method prescribed by ASC 740, Income Taxes. Under this method, deferred tax assets and liabilities are determined based on the temporary differences between the financial reporting and tax bases of assets and liabilities using enacted tax rates expected to be in effect in the periods in which the temporary differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income or loss in the period that includes the enactment date. The Company records a valuation allowance to reduce deferred tax assets to the amount that is more likely than not to be realized. In evaluating the realizability of deferred tax assets, management considers all available evidence, including historical operating results, expected future taxable income, tax planning strategies and the nature of temporary differences. Due to the Company’s history of losses and the uncertainty of generating sufficient future taxable income, the Company has recorded a valuation allowance against deferred tax assets to the extent management determined that realization of such deferred tax assets was not more likely than not. The Company and its subsidiaries are subject to income taxes in the jurisdictions in which they are incorporated or conduct business, including the United States, the PRC and Hong Kong. The Company’s PRC subsidiaries are generally subject to PRC Enterprise Income Tax at the statutory rate of <span id="xdx_90C_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_pid_dp_uPure_c20250401__20260331__srt--StatementGeographicalAxis__custom--PeoplesRepublicOfChinaMember_zZrJ9y3waIj1" title="Effective federal statutory tax rate">25%, unless preferential tax rates or other tax incentives are available and applicable. Yingxi HK is incorporated in Hong Kong and is subject to Hong Kong profits tax. The standard Hong Kong profits tax rate for corporations is <span id="xdx_906_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_pid_dp_uPure_c20250401__20260331__srt--StatementGeographicalAxis__country--HK_zYg6w2VGjkvl" title="Effective federal statutory tax rate">16.5%, subject to the applicable two-tiered profits tax rates regime where applicable. The Company’s parent entity, Addentax Group Corp., and KMFG are U.S. entities and are subject to U.S. federal income tax at the applicable federal corporate income tax rate. The Company evaluates uncertain tax positions in accordance with ASC 740. Interest and penalties related to uncertain tax positions, if any, are recognized as a component of income tax expense. The Company did not have any material unrecognized tax benefits, accrued interest or penalties related to uncertain tax positions for the years ended March 31, 2026 and 2025. The Company does not expect that its unrecognized tax positions will materially change within the next 12 months. No provision for U.S. federal income taxes has been made for the years ended March 31, 2026 and 2025 because the relevant U.S. entities did not generate taxable income during the respective periods. No provision for Hong Kong profits tax has been made for the years ended March 31, 2026 and 2025 because Yingxi HK did not generate taxable income during the respective periods. Income tax expense recognized for the years ended March 31, 2026 and 2025 was primarily attributable to the Company’s PRC subsidiaries.

0.25

0.165

(m) Leases Lessee The Company determines if an arrangement is a lease at inception. Operating leases are included in operating lease right-of-use (“ROU”) assets, other current liabilities, and operating lease liabilities in our consolidated balance sheets. ROU assets represent the right to use an underlying asset for the lease term and lease liabilities represent the obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As most of the leases do not provide an implicit rate, the Company generally uses the incremental borrowing rate based on the estimated rate of interest for collateralized borrowing over a similar term of the lease payments at commencement date. The operating lease ROU asset also includes any lease payments made and excludes lease incentives. Lease expense for lease payments is recognized on a straight-line basis over the lease term. Lessor As a lessor, the Company’s leases are classified as operating leases under ASC 842. Leases, in which the Company is the lessor, are substantially all accounted for as operating leases and the lease components and non-lease components are accounted for separately. Rental income from operating leases is recognized on a straight-line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognized on a straight-line basis over the lease term.

(n) Related parties Parties are considered to be related to the Company if the parties, directly or indirectly, through one or more intermediaries, control, are controlled by, or are under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal with if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. The Company discloses all significant related party transactions. (o) Reverse Stock Split On March 30, 2026, the Company effected a reverse stock split of its outstanding shares of common stock at a ratio of one-for-fifteen. As a result of the reverse stock split, every fifteen shares of common stock outstanding immediately prior to the effective time were reclassified and combined into one share of common stock, without any change in the par value of $0.001 per share or the total number of authorized shares. No fractional shares were issued in connection with the reverse stock split, and stockholders who would otherwise have been entitled to receive a fractional share received one whole share of common stock in lieu of such fractional share. All share counts, weighted-average shares outstanding, basic and diluted net loss per share, share-based awards, warrants and convertible preferred stock conversion amounts for all periods presented in these consolidated financial statements have been retrospectively adjusted to reflect the reverse stock split to maintain period-to-period comparability. Total stockholders’ equity was not affected by the reverse stock split.

0.001

(p) Recently issued and adopted accounting pronouncements The Company reviews new accounting standards as issued by the Financial Accounting Standards Board, or FASB, and evaluates the potential impact of such standards on the Company’s consolidated financial statements and related disclosures. In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. ASU 2023-07 requires enhanced disclosures about significant segment expenses and other segment items and applies to all public entities, including entities with a single reportable segment. The Company adopted ASU 2023-07 for the fiscal year ended March 31, 2026. The adoption of ASU 2023-07 did not have a material impact on the Company’s consolidated financial position, results of operations or cash flows, but resulted in enhanced segment-related disclosures. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. ASU 2023-09 requires enhanced income tax disclosures, including additional disaggregation of information in the rate reconciliation and income taxes paid by jurisdiction. The Company adopted ASU 2023-09 for the fiscal year ended March 31, 2026. The adoption of ASU 2023-09 did not have a material impact on the Company’s consolidated financial position, results of operations or cash flows, but resulted in enhanced income tax-related disclosures. In November 2024, the FASB issued ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses. ASU 2024-03 requires public business entities to provide additional disclosures about certain categories of expenses included in relevant income statement captions. ASU 2024-03 is effective for annual reporting periods beginning after December 15, 2026 and interim reporting periods within annual reporting periods beginning after December 15, 2027, with early adoption permitted. The Company is currently evaluating the impact of this standard on its consolidated financial statement disclosures. In November 2024, the FASB issued ASU 2024-04, Debt—Debt with Conversion and Other Options (Subtopic 470-20): Induced Conversions of Convertible Debt Instruments. ASU 2024-04 clarifies the requirements for determining whether certain settlements of convertible debt instruments should be accounted for as induced conversions. ASU 2024-04 is effective for annual reporting periods beginning after December 15, 2025 and interim reporting periods within those annual reporting periods, with early adoption permitted. The Company is currently evaluating the impact of this standard on its consolidated financial statements and related disclosures. Management has not identified any other recently issued accounting standards that are expected to have a material impact on the Company’s consolidated financial statements or related disclosures.

<p id="xdx_80F_eus-gaap--DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock_zBTXwe9uIDwi" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">4. DISPOSITION OF SUBSIDIARIES AND DISCONTINUED OPERATIONS Disposition of AOT The Company disposed of its subsidiary Dongguan Aotesi Garments Co., Ltd., (“AOT”) a PRC company, a manufacturing company in the garment manufacturing segment, in May 2025 to the local management of AOT. After the disposition, AOT became a third party to the Company. The Company does not conduct any business with AOT. The Company carries on the garment manufacturing segment business through other subsidiaries. The disposition of AOT did not qualify as discontinued operations. Financial position of AOT at disposal date and gain or loss on disposal: Garment Manufacturing Segment <p id="xdx_89B_eus-gaap--ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock_gL3SODGIDOISB-JK_zPToLlLOHDpg" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-align: justify"> SCHEDULE OF FINANCIAL POSITION OF ENTITIES AND GAIN OR LOSS ON DISPOSAL <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: justify">Financial position of AOT</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_495_20250506__us-gaap--StatementBusinessSegmentsAxis__custom--GarmentManufacturingSegmentMember__dei--LegalEntityAxis__custom--DongguanAotesiGarmentsCoLtdMember_zAl2HL1rv9jd" style="border-bottom: Black 1pt solid; text-align: center">May 6, 2025, date of disposal</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40F_eus-gaap--AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_iI_maAODGIz0Yg_zbuE3yMqyv5b" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 78%; text-align: justify">Current assets</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 18%; text-align: right">71,373</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent_iI_maAODGIz0Yg_zgsIts6qWnVd" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Noncurrent assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent_iNI_di_msAODGIz0Yg_z2UoeqLpMIAh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt">Current liabilities</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(45,194</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_409_eus-gaap--AssetsOfDisposalGroupIncludingDiscontinuedOperation_iTI_mtAODGIz0Yg_zmPAU9o3fBm7" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Net assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">26,179</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> The consideration was $13,829, resulting in a loss of $12,137 recognized on the disposal. The difference between AOT’s net assets of $26,179 and the consideration received was $12,350, which was reduced by the related foreign currency translation difference of $213. Disposition of HX The Company disposed of its subsidiary Dongguan Hongxiang Commercial Co., Ltd., (“HX”) a PRC company, a company engaged in property management and subleasing business, on July 1, 2025 to the local management of HX. After the disposition, HX became a third party to the Company. The Company does not conduct any business with HX. The Company no longer carries on the property management and subleasing business through HX or any other subsidiary. The disposition of HX qualified as discontinued operations. <div><div id="xdx_C02_gL3SODGIDOISB-JK_zWo1lWnxuhsg">Financial position of HX at disposal date and gain on disposal: Property management Segment <table cellpadding="0" cellspacing="0" id="xdx_301_134_zbYYgZ3HozY5" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in" summary="xdx: Disclosure - SCHEDULE OF FINANCIAL POSITION OF ENTITIES AND GAIN OR LOSS ON DISPOSAL (Details)"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: justify">Financial position of HX</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49B_20250701__us-gaap--StatementBusinessSegmentsAxis__custom--PropertyManagementAndSubleasingBusinessSegmentMember__dei--LegalEntityAxis__custom--DongguanAotesiGarmentsCoLtdMember_zAma4jVQsAqd" style="border-bottom: Black 1pt solid; text-align: center">July 1, 2025, date of disposal</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40D_eus-gaap--AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_iI_maAODGIz0Yg_zjowE6mRtf1c" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-align: justify; width: 78%">Current assets</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 18%; text-align: right">1,227,389</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent_iI_maAODGIz0Yg_zhiu5PcjvyMf" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Noncurrent assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">354,622</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent_iNI_di_msAODGIz0Yg_znWRWBPYYwJ6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt">Current liabilities</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,588,983</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_407_eus-gaap--AssetsOfDisposalGroupIncludingDiscontinuedOperation_iTI_mtAODGIz0Yg_zYANTheCy01g" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Net liabilities</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(6,972</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table> </div> The consideration was $13,829, resulting in a gain of $20,801 recognized on the disposal. Disposition of YBY The Company disposed of its subsidiary Shantou Yi Bai Yi Garment Co., Ltd, a PRC Company (“YBY”), a manufacturing company in garment manufacturing segment at end of August 2024 to the local management of YBY. After disposition, YBY became third party to the Company. The Company does not conduct any businesses with YBY. The Company carries on the garment manufacturing segment business through other subsidiaries. The disposition of YBY did not qualify as discontinued operations. <div id="xdx_C0C_gL3SODGIDOISB-JK_zn7SYSdUZ0y">Financial position of the entities at disposal date and gain or loss on disposal: Garment Manufacturing Segment <table cellpadding="0" cellspacing="0" id="xdx_300_134_zo3FDPRPYF95" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in" summary="xdx: Disclosure - SCHEDULE OF FINANCIAL POSITION OF ENTITIES AND GAIN OR LOSS ON DISPOSAL (Details)"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: justify">Financial position of YBY</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49B_20240831__us-gaap--StatementBusinessSegmentsAxis__custom--GarmentManufacturingSegmentMember__dei--LegalEntityAxis__custom--ShantouYiBaiYiGarmentCoLtdMember_zm2ziTSmJUq5" style="border-bottom: Black 1pt solid; text-align: center">August 31, 2024, date of disposal</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40D_eus-gaap--AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_iI_maAODGIz0Yg_zyvsOk9TjCA5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 78%; text-align: justify">Current assets</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 18%; text-align: right">1,165,329</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent_iI_maAODGIz0Yg_zbLr9jypwKKg" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Noncurrent assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">134</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent_iNI_di_msAODGIz0Yg_zTiIqjuLJsMb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt">Current liabilities</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(863,205</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_402_eus-gaap--AssetsOfDisposalGroupIncludingDiscontinuedOperation_iTI_mtAODGIz0Yg_zVFvtueJjY98" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Net assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">302,258</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> </div></div> The consideration was Nil, with the reversal of related foreign currency translation reserve brought forward, resulting in a loss of $334,135 recognized on the disposal. The difference between YBY’s net assets of $302,258 and the consideration received was $302,258, which was increased by the related foreign currency translation difference of $31,877.

<p id="xdx_89B_eus-gaap--ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock_gL3SODGIDOISB-JK_zPToLlLOHDpg" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-align: justify"> SCHEDULE OF FINANCIAL POSITION OF ENTITIES AND GAIN OR LOSS ON DISPOSAL <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: justify">Financial position of AOT</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_495_20250506__us-gaap--StatementBusinessSegmentsAxis__custom--GarmentManufacturingSegmentMember__dei--LegalEntityAxis__custom--DongguanAotesiGarmentsCoLtdMember_zAl2HL1rv9jd" style="border-bottom: Black 1pt solid; text-align: center">May 6, 2025, date of disposal</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40F_eus-gaap--AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_iI_maAODGIz0Yg_zbuE3yMqyv5b" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 78%; text-align: justify">Current assets</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 18%; text-align: right">71,373</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent_iI_maAODGIz0Yg_zgsIts6qWnVd" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Noncurrent assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent_iNI_di_msAODGIz0Yg_z2UoeqLpMIAh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt">Current liabilities</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(45,194</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_409_eus-gaap--AssetsOfDisposalGroupIncludingDiscontinuedOperation_iTI_mtAODGIz0Yg_zmPAU9o3fBm7" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Net assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">26,179</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> Financial position of HX at disposal date and gain on disposal: Property management Segment <table cellpadding="0" cellspacing="0" id="xdx_301_134_zbYYgZ3HozY5" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in" summary="xdx: Disclosure - SCHEDULE OF FINANCIAL POSITION OF ENTITIES AND GAIN OR LOSS ON DISPOSAL (Details)"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: justify">Financial position of HX</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49B_20250701__us-gaap--StatementBusinessSegmentsAxis__custom--PropertyManagementAndSubleasingBusinessSegmentMember__dei--LegalEntityAxis__custom--DongguanAotesiGarmentsCoLtdMember_zAma4jVQsAqd" style="border-bottom: Black 1pt solid; text-align: center">July 1, 2025, date of disposal</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40D_eus-gaap--AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_iI_maAODGIz0Yg_zjowE6mRtf1c" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-align: justify; width: 78%">Current assets</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 18%; text-align: right">1,227,389</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent_iI_maAODGIz0Yg_zhiu5PcjvyMf" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Noncurrent assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">354,622</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent_iNI_di_msAODGIz0Yg_znWRWBPYYwJ6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt">Current liabilities</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,588,983</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_407_eus-gaap--AssetsOfDisposalGroupIncludingDiscontinuedOperation_iTI_mtAODGIz0Yg_zYANTheCy01g" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Net liabilities</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(6,972</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table> Financial position of the entities at disposal date and gain or loss on disposal: Garment Manufacturing Segment <table cellpadding="0" cellspacing="0" id="xdx_300_134_zo3FDPRPYF95" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in" summary="xdx: Disclosure - SCHEDULE OF FINANCIAL POSITION OF ENTITIES AND GAIN OR LOSS ON DISPOSAL (Details)"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: justify">Financial position of YBY</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49B_20240831__us-gaap--StatementBusinessSegmentsAxis__custom--GarmentManufacturingSegmentMember__dei--LegalEntityAxis__custom--ShantouYiBaiYiGarmentCoLtdMember_zm2ziTSmJUq5" style="border-bottom: Black 1pt solid; text-align: center">August 31, 2024, date of disposal</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40D_eus-gaap--AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_iI_maAODGIz0Yg_zyvsOk9TjCA5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 78%; text-align: justify">Current assets</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 18%; text-align: right">1,165,329</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent_iI_maAODGIz0Yg_zbLr9jypwKKg" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Noncurrent assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">134</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent_iNI_di_msAODGIz0Yg_zTiIqjuLJsMb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt">Current liabilities</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(863,205</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_402_eus-gaap--AssetsOfDisposalGroupIncludingDiscontinuedOperation_iTI_mtAODGIz0Yg_zVFvtueJjY98" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Net assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">302,258</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

71373

45194

26179

13829

12137

26179

12350

213

1227389

354622

1588983

-6972

13829

20801

1165329

134

863205

302258

-334135

302258

31877

<table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 0.25in">5.</td> <td>BUSINESS COMBINATION</td></tr> </table> On March 30, 2026, the Company completed the acquisition of <span id="xdx_90D_eus-gaap--BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued_c20260330__20260330__us-gaap--BusinessAcquisitionAxis__custom--KeemoFashionGroupLimitedMember_z822aXARavpf" title="Business acquisition, share acquired">34,200,000 Shares of KMFG, a Nevada-incorporated company headquartered in Shenzhen, People’s Republic of China. KMFG operates two core business segments: (i) an apparel and garment trading business focused on the wholesale distribution of men’s and women’s apparel to distributors primarily in China, sourcing directly from manufacturers without maintaining its own production facilities; and (ii) a digital publishing business conducted through its wholly owned subsidiary, GW Reader Sdn. Bhd. in Malaysia, which operates a mobile-based online fiction platform utilizing a pay-per-chapter microtransaction model for global readers. The aggregate purchase price for the acquisition was approximately $<span id="xdx_90B_eus-gaap--BusinessCombinationConsiderationTransferred1_pn5n6_c20260330__20260330__us-gaap--BusinessAcquisitionAxis__custom--KeemoFashionGroupLimitedMember_zyyPpYmWMuwh" title="Total purchase consideration transferred">5.5 million, which was satisfied through the transfer of a portion of an existing bond held by the Company. In connection with the consummation of the acquisition, the Company transferred a portion of such bond at closing, in the principal amount of approximately $<span id="xdx_904_eus-gaap--BusinessCombinationConsiderationTransferredOther1_pn5n6_c20260330__20260330__us-gaap--BusinessAcquisitionAxis__custom--KeemoFashionGroupLimitedMember_zpfbTfmy40W1" title="Business acquisition principal amount">5.5 million, to the Seller (or its designated counterparty) as consideration for the Shares. Following the completion of the acquisition, the Company holds approximately <span id="xdx_90C_eus-gaap--BusinessAcquisitionPercentageOfVotingInterestsAcquired_iI_dp_c20260330__us-gaap--BusinessAcquisitionAxis__custom--KeemoFashionGroupLimitedMember_zKOrCfj376Ze" title="Voting right, percentage">62.18% of the voting rights of the issued and outstanding shares of Keemo Fashion, on a fully diluted basis, and Keemo Fashion has become a controlled subsidiary of the Company. The Company recognized goodwill of $5,694,696 on this acquisition. The acquisition has been accounted for under the acquisition method of accounting in accordance with ASC 805, “Business Combinations”. The results of KMFG’s operations have been included in the consolidated financial statements since its acquisition date. The following table summarizes the fair values of the assets acquired and liabilities assumed as of the date of acquisition. This table represents the initial accounting for the acquisition. These provisional amounts may be adjusted in the measurement period (that will not exceed one year from the acquisition): <p id="xdx_890_eus-gaap--ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock_zONezoy2nvN8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-align: justify"> SCHEDULE OF PURCHASE PRICE ALLOCATION <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 75%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20260330__us-gaap--BusinessAcquisitionAxis__custom--KeemoFashionGroupLimitedMember_zXSgaLuBLtb3" style="border-bottom: Black 1pt solid; text-align: center">As of March 30, 2026</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td></tr> <tr id="xdx_403_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents_iI_zNHdmfspnMP9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: left">Cash in bank</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 20%; text-align: right">15,657</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_406_ecustom--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentTradeReceivable_iI_zBH7GRz8DnJj" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Trade receivable</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">39</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables_iI_z15PYX1bfaTc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Other receivables</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,132</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill_iI_zsO48KUlFa23" style="vertical-align: bottom; background-color: White"> <td>Goodwill</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">293,499</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable_iNI_di_zlIL1bXsyWf6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Accrued liabilities, other payables and deposits received</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(27,949</td><td style="text-align: left">)</td></tr> <tr id="xdx_40D_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesDeferredRevenue_iNI_di_zg0dy1HfUUV" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Deferred Revenue</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(45,017</td><td style="text-align: left">)</td></tr> <tr id="xdx_402_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther_iNI_di_z3rygEnkRBkl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Amount due to related parties</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(554,478</td><td style="text-align: left">)</td></tr> <tr id="xdx_40A_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedLessNoncontrollingInterest_iI_zjdHo8FCr5P4" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Noncontrolling interest</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">118,421</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_iTI_zC3wHc6kvYAd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Net book value at acquisition date</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(194,696</td><td style="text-align: left">)</td></tr> <tr id="xdx_40B_eus-gaap--Goodwill_iI_zzm3upArNje1" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Goodwill at acquisition</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">5,694,696</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Purchase consideration</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_904_eus-gaap--BusinessCombinationConsiderationTransferred1_c20260330__20260330__us-gaap--BusinessAcquisitionAxis__custom--KeemoFashionGroupLimitedMember_zGJSCXESJns8" title="Purchase consideration">5,500,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> Unaudited Pro Forma Condensed Combined Statement of Operations The following unaudited pro forma condensed combined statement of operations presents the results of operations of the Company for the year ended March 31, 2026 as if the acquisition of KMFG had occurred on April 1, 2025, the beginning of the fiscal year. The pro forma information is presented for illustrative purposes only and is not necessarily indicative of the actual results of operations that would have occurred had the acquisition been completed on April 1, 2025, nor are they indicative of future operating results. The unaudited pro forma condensed combined statement of operations for the fiscal year ended March 31, 2026 give effect to the Acquisition as if it had occurred on April 1, 2025 (the beginning of the fiscal year). <table cellpadding="0" cellspacing="0" id="xdx_301_134_zY6XKPJD2pD4" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 97%; margin-left: 0.25in" summary="xdx: Disclosure - SCHEDULE OF UNAUDITED PRO FORMA CONDENSED COMBINED STATEMENTS OF OPERATIONS (Details)"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20250401__20260331__us-gaap--BusinessAcquisitionAxis__custom--AddentaxGroupCorpMember_zEP4Ln9wvK5h" style="border-bottom: Black 1pt solid; display: none; text-align: center">Addentax Group Corp.</td><td style="display: none; padding-bottom: 1pt"> </td><td style="display: none; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_495_20250401__20260331__us-gaap--BusinessAcquisitionAxis__custom--KeemoFashionGroupLimitedMember_zJ8nIzIagE4e" style="border-bottom: Black 1pt solid; display: none; text-align: center">Keemo Fashion Group Limited</td><td style="display: none; padding-bottom: 1pt"> </td><td style="display: none; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_491_20250401__20260331__srt--StatementScenarioAxis__us-gaap--ScenarioAdjustmentMember_zTRAyrcQoJKj" style="border-bottom: Black 1pt solid; display: none; text-align: center">Pro Forma Adjustments</td><td style="display: none; padding-bottom: 1pt"> </td><td style="display: none; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20250401__20260331__srt--StatementScenarioAxis__srt--ProFormaMember_zQ4EkdjgPbDl" style="border-bottom: Black 1pt solid; display: none; text-align: center">Pro Forma Combined</td><td style="display: none; padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Historical</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Addentax Group Corp.</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Keemo Fashion Group Limited</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Pro Forma Adjustments</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Pro Forma Combined</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td></tr> <tr id="xdx_401_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_zZCg7PCJa7Al" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 36%">REVENUE</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">5,371,183</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">5,371,183</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--OperatingIncomeLoss_zPYA5qIyI1Sc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">LOSS FROM OPERATIONS</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(1,529,220</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(67,368</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,596,308</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--ProfitLoss_zfLo8TzGufM6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">NET LOSS</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(4,468,885</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(67,368</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(4,536,253</td><td style="text-align: left">)</td></tr> <tr id="xdx_40C_eus-gaap--NetIncomeLossAttributableToNoncontrollingInterest_iN_di_zsEXSyKJqLba" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1pt">Less: Net loss attribute to Non-control Interest (<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIFVOQVVESVRFRCBQUk8gRk9STUEgQ09OREVOU0VEIENPTUJJTkVEIFNUQVRFTUVOVFMgT0YgT1BFUkFUSU9OUyAoRGV0YWlscykgKFBhcmVudGhldGljYWwpAA__" id="xdx_90B_eus-gaap--MinorityInterestOwnershipPercentageByNoncontrollingOwners_iI_dp_c20260331__srt--OwnershipAxis__custom--KeemoFashionGroupLimitedMember_zrnt6NtmrO1i" title="Acquisition of non controlling interest">37.82%)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">25,479</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">25,479</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--NetIncomeLoss_iT_zGM8frliAwU6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Net loss attribute to equity holders of ADDENTAX GROUP CORP.</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">(4,468,885</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">(67,368</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">25,479</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">(4,510,774</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--ProfitLoss_zhWd62n8xaEf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">NET LOSS</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(4,468,885</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(67,368</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(4,536,253</td><td style="text-align: left">)</td></tr> <tr id="xdx_40D_eus-gaap--OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_zd2iNIrvNYtl" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">FOREIGN CURRENCY TRANSLATION LOSS</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(166,913</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(11,261</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(178,174</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_409_eus-gaap--ComprehensiveIncomeNetOfTax_iT_zTL0kvqweavd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">TOTAL COMPREHENSIVE LOSS</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(4,635,798</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(78,629</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(4,714,427</td><td style="text-align: left">)</td></tr> <tr id="xdx_404_eus-gaap--OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest_zedmstsSWeo4" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1pt">Less: Other comprehensive loss attribute to Non-control Interest (<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIFVOQVVESVRFRCBQUk8gRk9STUEgQ09OREVOU0VEIENPTUJJTkVEIFNUQVRFTUVOVFMgT0YgT1BFUkFUSU9OUyAoRGV0YWlscykgKFBhcmVudGhldGljYWwpAA__" id="xdx_907_eus-gaap--MinorityInterestOwnershipPercentageByNoncontrollingOwners_iI_dp_c20260331__srt--OwnershipAxis__custom--KeemoFashionGroupLimitedMember_z6R83sH2EZ5h" title="Acquisition of non controlling interest">37.82%)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,259</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,259</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_iT_zUpEwfdznxZi" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total comprehensive loss attribute to equity holders of ADDENTAX GROUP CORP.</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">(4,635,798</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">(78,629</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">29,738</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">(4,710,167</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> <tr id="xdx_400_ecustom--TotalComprehensiveLossAttributeToNoncontrolInterest_zVP4VJ1EU8cf" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Total comprehensive loss attribute to Non-control Interest (<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIFVOQVVESVRFRCBQUk8gRk9STUEgQ09OREVOU0VEIENPTUJJTkVEIFNUQVRFTUVOVFMgT0YgT1BFUkFUSU9OUyAoRGV0YWlscykgKFBhcmVudGhldGljYWwpAA__" id="xdx_906_eus-gaap--MinorityInterestOwnershipPercentageByNoncontrollingOwners_iI_dp_c20260331__srt--OwnershipAxis__custom--KeemoFashionGroupLimitedMember_zuqyw6Fiuwja" title="Acquisition of non controlling interest">37.82%)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">-</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">(29,738</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">(29,738</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">NET LOSS PER SHARE, BASIC AND DILUTED</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIFVOQVVESVRFRCBQUk8gRk9STUEgQ09OREVOU0VEIENPTUJJTkVEIFNUQVRFTUVOVFMgT0YgT1BFUkFUSU9OUyAoRGV0YWlscykA" id="xdx_905_eus-gaap--EarningsPerShareBasic_c20250401__20260331__us-gaap--BusinessAcquisitionAxis__custom--AddentaxGroupCorpMember_zIhmT2TXDQVk" title="NET LOSS PER SHARE, BASIC"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIFVOQVVESVRFRCBQUk8gRk9STUEgQ09OREVOU0VEIENPTUJJTkVEIFNUQVRFTUVOVFMgT0YgT1BFUkFUSU9OUyAoRGV0YWlscykA" id="xdx_90E_eus-gaap--EarningsPerShareDiluted_c20250401__20260331__us-gaap--BusinessAcquisitionAxis__custom--AddentaxGroupCorpMember_zmz7XK3WEx98" title="NET LOSS PER SHARE, DILUTED">(6.27</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIFVOQVVESVRFRCBQUk8gRk9STUEgQ09OREVOU0VEIENPTUJJTkVEIFNUQVRFTUVOVFMgT0YgT1BFUkFUSU9OUyAoRGV0YWlscykA" id="xdx_906_eus-gaap--EarningsPerShareBasic_c20250401__20260331__us-gaap--BusinessAcquisitionAxis__custom--KeemoFashionGroupLimitedMember_zBNP7jYmioy9" title="NET LOSS PER SHARE, BASIC"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIFVOQVVESVRFRCBQUk8gRk9STUEgQ09OREVOU0VEIENPTUJJTkVEIFNUQVRFTUVOVFMgT0YgT1BFUkFUSU9OUyAoRGV0YWlscykA" id="xdx_905_eus-gaap--EarningsPerShareDiluted_c20250401__20260331__us-gaap--BusinessAcquisitionAxis__custom--KeemoFashionGroupLimitedMember_zdbD8Ewaqd7l" title="NET LOSS PER SHARE, DILUTED">-</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIFVOQVVESVRFRCBQUk8gRk9STUEgQ09OREVOU0VEIENPTUJJTkVEIFNUQVRFTUVOVFMgT0YgT1BFUkFUSU9OUyAoRGV0YWlscykA" id="xdx_902_eus-gaap--EarningsPerShareBasic_c20250401__20260331__srt--StatementScenarioAxis__us-gaap--ScenarioAdjustmentMember_zt7ROVUNvqLk" title="NET LOSS PER SHARE, BASIC"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIFVOQVVESVRFRCBQUk8gRk9STUEgQ09OREVOU0VEIENPTUJJTkVEIFNUQVRFTUVOVFMgT0YgT1BFUkFUSU9OUyAoRGV0YWlscykA" id="xdx_90F_eus-gaap--EarningsPerShareDiluted_c20250401__20260331__srt--StatementScenarioAxis__us-gaap--ScenarioAdjustmentMember_zV0Oi4fhfDKd" title="NET LOSS PER SHARE, DILUTED">-</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIFVOQVVESVRFRCBQUk8gRk9STUEgQ09OREVOU0VEIENPTUJJTkVEIFNUQVRFTUVOVFMgT0YgT1BFUkFUSU9OUyAoRGV0YWlscykA" id="xdx_908_eus-gaap--EarningsPerShareBasic_c20250401__20260331__srt--StatementScenarioAxis__srt--ProFormaMember_zSKUxtFMvk35" title="NET LOSS PER SHARE, BASIC"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIFVOQVVESVRFRCBQUk8gRk9STUEgQ09OREVOU0VEIENPTUJJTkVEIFNUQVRFTUVOVFMgT0YgT1BFUkFUSU9OUyAoRGV0YWlscykA" id="xdx_90C_eus-gaap--EarningsPerShareDiluted_c20250401__20260331__srt--StatementScenarioAxis__srt--ProFormaMember_zErkBzlqXz4i" title="NET LOSS PER SHARE, DILUTED">(6.36</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Weighted average number of common shares outstanding, basic and diluted</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIFVOQVVESVRFRCBQUk8gRk9STUEgQ09OREVOU0VEIENPTUJJTkVEIFNUQVRFTUVOVFMgT0YgT1BFUkFUSU9OUyAoRGV0YWlscykA" id="xdx_906_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_c20250401__20260331__us-gaap--BusinessAcquisitionAxis__custom--AddentaxGroupCorpMember_zWGXsDv7SCJ9" title="Weighted average number of common shares outstanding, basic"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIFVOQVVESVRFRCBQUk8gRk9STUEgQ09OREVOU0VEIENPTUJJTkVEIFNUQVRFTUVOVFMgT0YgT1BFUkFUSU9OUyAoRGV0YWlscykA" id="xdx_90C_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pid_c20250401__20260331__us-gaap--BusinessAcquisitionAxis__custom--AddentaxGroupCorpMember_zxhZ16iL7yUk" title="Weighted average number of common shares outstanding, diluted">713,142</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIFVOQVVESVRFRCBQUk8gRk9STUEgQ09OREVOU0VEIENPTUJJTkVEIFNUQVRFTUVOVFMgT0YgT1BFUkFUSU9OUyAoRGV0YWlscykA" id="xdx_90C_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_c20250401__20260331__us-gaap--BusinessAcquisitionAxis__custom--KeemoFashionGroupLimitedMember_zIJsYdEw8uY" title="Weighted average number of common shares outstanding, basic"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIFVOQVVESVRFRCBQUk8gRk9STUEgQ09OREVOU0VEIENPTUJJTkVEIFNUQVRFTUVOVFMgT0YgT1BFUkFUSU9OUyAoRGV0YWlscykA" id="xdx_901_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pid_c20250401__20260331__us-gaap--BusinessAcquisitionAxis__custom--KeemoFashionGroupLimitedMember_zh7JuxwlES0k" title="Weighted average number of common shares outstanding, diluted">55,000,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIFVOQVVESVRFRCBQUk8gRk9STUEgQ09OREVOU0VEIENPTUJJTkVEIFNUQVRFTUVOVFMgT0YgT1BFUkFUSU9OUyAoRGV0YWlscykA" id="xdx_90B_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_iN_pid_di_c20250401__20260331__srt--StatementScenarioAxis__us-gaap--ScenarioAdjustmentMember_zsgEikZwuk6j" title="Weighted average number of common shares outstanding, basic"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIFVOQVVESVRFRCBQUk8gRk9STUEgQ09OREVOU0VEIENPTUJJTkVEIFNUQVRFTUVOVFMgT0YgT1BFUkFUSU9OUyAoRGV0YWlscykA" id="xdx_901_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_iN_pid_di_c20250401__20260331__srt--StatementScenarioAxis__us-gaap--ScenarioAdjustmentMember_z1NvFKmqfppb" title="Weighted average number of common shares outstanding, diluted">(55,000,000</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIFVOQVVESVRFRCBQUk8gRk9STUEgQ09OREVOU0VEIENPTUJJTkVEIFNUQVRFTUVOVFMgT0YgT1BFUkFUSU9OUyAoRGV0YWlscykA" id="xdx_905_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_c20250401__20260331__srt--StatementScenarioAxis__srt--ProFormaMember_zXosFIrAYeT4" title="Weighted average number of common shares outstanding, basic"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIFVOQVVESVRFRCBQUk8gRk9STUEgQ09OREVOU0VEIENPTUJJTkVEIFNUQVRFTUVOVFMgT0YgT1BFUkFUSU9OUyAoRGV0YWlscykA" id="xdx_900_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pid_c20250401__20260331__srt--StatementScenarioAxis__srt--ProFormaMember_zYSxhXQXS207" title="Weighted average number of common shares outstanding, diluted">713,142</td><td style="text-align: left"> </td></tr> </table> The pro forma adjustments are based upon available information and certain assumptions that management believes are reasonable under the circumstances. 1) Basis of Presentation The accompanying unaudited pro forma condensed combined statement of operations gives effect to the Company’s acquisition of a <span id="xdx_905_eus-gaap--BusinessAcquisitionPercentageOfVotingInterestsAcquired_iI_dp_c20260330__us-gaap--BusinessAcquisitionAxis__custom--KeemoFashionGroupLimitedMember_zKkMd3QlOrFl" title="Acquisition of controlling interest">62.18% controlling interest in KMFG (“Target”) (the “Acquisition”). The Acquisition was signed on February 17, 2026 and consummated on March 30, 2026. The unaudited pro forma condensed combined statement of comprehensive loss is presented to illustrate the effect of the Acquisition as if it had been completed on April 1, 2025. The pro forma financial information is presented for illustrative purposes only and is not necessarily indicative of the results of operations that would have actually occurred had the Acquisition been completed at the beginning of the periods presented, nor is it necessarily indicative of future consolidated results of operations. 2) Principles of Consolidation and Noncontrolling Interest The Company consolidates Target in the pro forma statement of operations because the Acquisition results in the Company holding a <span id="xdx_903_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_dp_c20260330__srt--OwnershipAxis__custom--KeemoFashionGroupLimitedMember_z2dR6Yc4NID3" title="Acquisition of controlling voting interest">62.18% controlling voting interest in Target. Accordingly, the Company reflects 100% of Target’s revenues and expenses in the pro forma combined statement of operations. Net income and total comprehensive income are allocated between the controlling interest and noncontrolling interest based on their respective ownership percentages of<span id="xdx_904_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_dp_c20260330__srt--OwnershipAxis__custom--KeemoFashionGroupLimitedMember_zj7lSjwfbhc1" title="Acquisition of controlling voting interest"> 62.18% and <span id="xdx_908_eus-gaap--MinorityInterestOwnershipPercentageByNoncontrollingOwners_iI_dp_c20260330__srt--OwnershipAxis__custom--KeemoFashionGroupLimitedMember_zyYlgRd1nZ71" title="Acquisition of non controlling interest">37.82%, respectively. 3) Significant Pro Forma Adjustments The material pro forma adjustments included in the accompanying unaudited pro forma condensed combined statement of operations are as follows: (a) To record the total purchase consideration of $<span id="xdx_904_eus-gaap--BusinessCombinationConsiderationTransferred1_c20260330__20260330__us-gaap--BusinessAcquisitionAxis__custom--KeemoFashionGroupLimitedMember_zuFiI0Yd6oY3" title="Total purchase consideration transferred">5,500,000 transferred to acquire the <span id="xdx_90E_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_dp_c20260330__srt--OwnershipAxis__custom--KeemoFashionGroupLimitedMember_zh39SZizVhHe" title="Acquisition of controlling voting interest">62.18% controlling interest in Target, and to record preliminary fair value adjustments to identifiable assets acquired and liabilities assumed, with the excess recorded as goodwill. (b) To reflect the allocation of net loss and comprehensive loss between the controlling interest and the <span id="xdx_904_eus-gaap--MinorityInterestOwnershipPercentageByNoncontrollingOwners_iI_dp_c20260330__srt--OwnershipAxis__custom--KeemoFashionGroupLimitedMember_zZeq4FHubMNc" title="Acquisition of non controlling interest">37.82% noncontrolling interest. (c) To eliminate intercompany transactions between the Company and Target. (d) To recognize income tax effects associated with the pro forma adjustments, based on enacted statutory tax rates. (e) No pro forma adjustments were made for new or refinanced indebtedness, as no new debt was incurred in connection with the Acquisition. 4) Allocation of Net Income and Comprehensive Income Consolidated net income reflects the total results of the combined group. Net income attributable to the noncontrolling interest (<span id="xdx_908_eus-gaap--MinorityInterestOwnershipPercentageByNoncontrollingOwners_iI_dp_c20260330__srt--OwnershipAxis__custom--KeemoFashionGroupLimitedMember_z3E7geWsyVRd" title="Acquisition of non controlling interest">37.82%) is deducted from consolidated net income to arrive at net income attributable to the Company’s stockholders. Similarly, total comprehensive income is presented for the consolidated group, and comprehensive income attributable to noncontrolling interest (<span id="xdx_90D_eus-gaap--MinorityInterestOwnershipPercentageByNoncontrollingOwners_iI_dp_c20260330__srt--OwnershipAxis__custom--KeemoFashionGroupLimitedMember_z9RwfexFMO6a" title="Acquisition of non controlling interest">37.82%) is separately disclosed to derive total comprehensive income attributable to the Company’s stockholders. 5) Limitations of Pro Forma Information The pro forma financial information does not reflect: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.5in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">●</td> <td style="font: 10pt Times New Roman, Times, Serif">any expected operating synergies, cost savings, or revenue enhancements;</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif">any one-time transaction, integration, or restructuring costs;</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif">any changes in operations, capital expenditures, or other anticipated events.</td></tr> </table> Accordingly, the pro forma condensed combined financial information is not intended to represent or be indicative of the actual results of operations that would have occurred had the Acquisition been completed on April 1, 2025, nor is it indicative of future operating results.

34200000

5500000

0.6218

5694696

<p id="xdx_890_eus-gaap--ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock_zONezoy2nvN8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-align: justify"> SCHEDULE OF PURCHASE PRICE ALLOCATION <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 75%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20260330__us-gaap--BusinessAcquisitionAxis__custom--KeemoFashionGroupLimitedMember_zXSgaLuBLtb3" style="border-bottom: Black 1pt solid; text-align: center">As of March 30, 2026</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td></tr> <tr id="xdx_403_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents_iI_zNHdmfspnMP9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: left">Cash in bank</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 20%; text-align: right">15,657</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_406_ecustom--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentTradeReceivable_iI_zBH7GRz8DnJj" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Trade receivable</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">39</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables_iI_z15PYX1bfaTc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Other receivables</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,132</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill_iI_zsO48KUlFa23" style="vertical-align: bottom; background-color: White"> <td>Goodwill</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">293,499</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable_iNI_di_zlIL1bXsyWf6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Accrued liabilities, other payables and deposits received</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(27,949</td><td style="text-align: left">)</td></tr> <tr id="xdx_40D_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesDeferredRevenue_iNI_di_zg0dy1HfUUV" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Deferred Revenue</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(45,017</td><td style="text-align: left">)</td></tr> <tr id="xdx_402_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther_iNI_di_z3rygEnkRBkl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Amount due to related parties</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(554,478</td><td style="text-align: left">)</td></tr> <tr id="xdx_40A_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedLessNoncontrollingInterest_iI_zjdHo8FCr5P4" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Noncontrolling interest</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">118,421</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_iTI_zC3wHc6kvYAd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Net book value at acquisition date</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(194,696</td><td style="text-align: left">)</td></tr> <tr id="xdx_40B_eus-gaap--Goodwill_iI_zzm3upArNje1" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Goodwill at acquisition</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">5,694,696</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Purchase consideration</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_904_eus-gaap--BusinessCombinationConsiderationTransferred1_c20260330__20260330__us-gaap--BusinessAcquisitionAxis__custom--KeemoFashionGroupLimitedMember_zGJSCXESJns8" title="Purchase consideration">5,500,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

15657

5132

293499

27949

45017

554478

118421

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5694696

5500000

5371183

-1529220

-67368

-1596308

-4468885

-67368

-4536253

0.3782

-25479

-4468885

-67368

25479

-4510774

-4468885

-67368

-4536253

-166913

-11261

-178174

-4635798

-78629

-4714427

0.3782

4259

-4635798

-78629

29738

-4710167

0.3782

-29738 -29738

-6.27

-6.36

713142

55000000

713142

0.6218

0.3782

5500000

0.6218

0.3782

<table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="text-align: justify; width: 0.25in">6.</td> <td style="text-align: justify">RELATED PARTY TRANSACTIONS</td></tr> </table> SCHEDULE OF RELATED PARTIES RELATIONSHIP WITH COMPANY <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 96%; border-collapse: collapse; margin-left: 0.25in; margin-right: 0.25in"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 40%; text-align: justify">Name of Related Parties </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 2%; text-align: justify"> </td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 58%; text-align: justify">Relationship with the Company</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_903_eus-gaap--RelatedPartyTransactionDescriptionOfTransaction_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ZhidaHongMember_z5fgbLFmu8t9" title="Name of Related Parties">Zhida Hong</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_908_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ZhidaHongMember_zGxco8GCFNuh" title="Relationship with the Company">President, CEO, and a director of the Company </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_901_eus-gaap--RelatedPartyTransactionDescriptionOfTransaction_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--HongyeFinancialConsultingShenzhenCoLtdMember_zH1ZtOnUklte" title="Name of Related Parties">Hongye Financial Consulting (Shenzhen) Co., Ltd.</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_909_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--HongyeFinancialConsultingShenzhenCoLtdMember_zcBoiW26hMcb" title="Relationship with the Company">A company controlled by CEO, Mr. Zhida Hong</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_900_eus-gaap--RelatedPartyTransactionDescriptionOfTransaction_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--BihuaYangMember_zDpjWcuFjaZ4" title="Name of Related Parties">Bihua Yang</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_909_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--BihuaYangMember_z63w2pk0Fuzd" title="Relationship with the Company">A legal representative of XKJ</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_905_eus-gaap--RelatedPartyTransactionDescriptionOfTransaction_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--JinlongHuangMember_zxtS2lLapCl9" title="Name of Related Parties">Jinlong Huang</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_90B_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--JinlongHuangMember_z9m4ylVp1k64" title="Relationship with the Company">Management of HSW </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_901_eus-gaap--RelatedPartyTransactionDescriptionOfTransaction_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--YinpingDingMember_zJVF8oEV8F6e" title="Name of Related Parties">Yinping Ding</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_900_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--YinpingDingMember_zX9F29z5SWNf" title="Relationship with the Company">Management of HSW & YS</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_906_eus-gaap--RelatedPartyTransactionDescriptionOfTransaction_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--WuRuiAndRichesAffiliatedPartiesMember_fKDEp_zzwxyGQpHhT9" title="Name of Related Parties">Wu Rui and Riches Affiliated Parties (1)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_90C_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--WuRuiAndRichesAffiliatedPartiesMember_fKDEp_zs28V3TPYX51" title="Relationship with the Company">Mr. Wu Rui is the Chief Operating Officer of the Company. The Riches Affiliated Parties are affiliated with Mr. Wu Rui and were involved in the Company’s related-party share exchange transaction.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_907_eus-gaap--RelatedPartyTransactionDescriptionOfTransaction_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--KMFGRelatedPartiesMember_zteNCTxAR6rd" title="Name of Related Parties">KMFG’s related parties</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_903_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--KMFGRelatedPartiesMember_zS8GcsBQLC5j" title="Relationship with the Company">KMFG’s shareholders, directors and related parties</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 15pt; text-align: right">(1)</td><td style="width: 5pt"></td><td style="text-align: justify">For purposes of this section, “Riches Affiliated Parties” refers to Riches FO Holdings Limited, Riches Family Office Limited and Riches Elite Technology (Shenzhen) Co., Ltd. Riches FO Holdings Limited is controlled by Mr. Wu Rui, the Company’s Chief Operating Officer, and was the seller in the Company’s related-party share exchange transaction involving Riches Family Office Limited. Riches Elite Technology (Shenzhen) Co., Ltd. is the operating subsidiary of Riches Family Office Limited.</td> </tr></table> The Company leases Shenzhen XKJ office rent-free from Bihua Yang. Hongye Financial Consulting (Shenzhen) Co., Ltd. provided guarantee to the consideration receivable of transfer of a debt security to a third party. On May 15, 2026, the Company entered into a Share Exchange Agreement with Yingxi Industrial Chain Investment Co., Ltd., Riches Family Office Limited, Riches FO Holdings Limited and Mr. Wu Rui, the Company’s Chief Operating Officer and sole shareholder of Riches FO Holdings Limited. Pursuant to the agreement, Yingxi HK agreed to acquire <span id="xdx_90B_eus-gaap--BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage_iI_pid_dp_uPure_c20260331__us-gaap--BusinessAcquisitionAxis__custom--RichesFamilyOfficeLimitedMember_zlxzfwyL66Zj" title="Equity interests">41.67% of the issued and outstanding equity interests of Riches Family Office Limited from Riches FO Holdings Limited in exchange for the issuance by the Company of <span id="xdx_906_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--MrWuRuiMember__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_z1qc7Mp8Mti7" title="Shares issued">33,500 shares of Common Stock to Mr. Wu Rui. The transaction constitutes a related-party transaction and was approved by the Audit Committee and the Board of Directors on May 15, 2026. The Company had the following related party balances at the end of the years: SCHEDULE OF RELATED PARTY BALANCES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Amount due from related party</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20260331_z4XPGlDzFoUc" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20250331_zZH5q3lkHAv7" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40F_eus-gaap--OtherAssetsCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--HongZhidaMember_zQZ4LIwdAy6b" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Hong Zhida (1)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">3,626,417</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">2,856,262</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--OtherAssetsCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--BihuaYangMember_ziRsAiCow2lf" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Bihua Yang (2)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,369,355</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,426,867</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--OtherAssetsCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--RichesFamilyOfficeLimitedMember_zPWvJ4XwPH2k" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Riches affiliated companies</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">623,100</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--OtherAssetsCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_znSA3Z5J02Pk" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Amount due from related party</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">5,618,872</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,283,129</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: justify">Related party borrowings</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20260331_zmAek4p1JQ5k" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20250331_zGDgJ3twEERe" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_406_eus-gaap--OtherLiabilitiesCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--HongyeFinancialConsultingShenzhenCoLtdMember_zBnKTXEM5jml" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Hongye Financial Consulting (Shenzhen) Co., Ltd.</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">101,322</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">39,174</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--OtherLiabilitiesCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--JinlongHuangMember_zqq3gVQSWhib" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Jinlong Huang</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">118,734</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">122,420</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--OtherLiabilitiesCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--RichesFamilyOfficeLimitedMember_za5tRBpTqYD3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Riches’ affiliated companies</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">306,946</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--OtherLiabilitiesCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--KeemoFashionGroupLimitedMember_zJyTcQ2zv6dl" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Keemo’s related parties</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">554,478</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--OtherLiabilitiesCurrent_iI_ziAlvfHWsGu" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Related party borrowings</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,081,480</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">161,594</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The increase of related party from Hong Zhida was short term loan to Hong Zhida, which is interest free and would be repaid in one year. </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">(2)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The decrease of related party debt from Yang Bihua was mainly due to repayment from Yang Bihua.</td></tr> </table> The borrowing balances of related parties are unsecured, non-interest bearing and repayable on demand.

SCHEDULE OF RELATED PARTIES RELATIONSHIP WITH COMPANY <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 96%; border-collapse: collapse; margin-left: 0.25in; margin-right: 0.25in"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 40%; text-align: justify">Name of Related Parties </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 2%; text-align: justify"> </td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 58%; text-align: justify">Relationship with the Company</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_903_eus-gaap--RelatedPartyTransactionDescriptionOfTransaction_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ZhidaHongMember_z5fgbLFmu8t9" title="Name of Related Parties">Zhida Hong</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_908_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ZhidaHongMember_zGxco8GCFNuh" title="Relationship with the Company">President, CEO, and a director of the Company </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_901_eus-gaap--RelatedPartyTransactionDescriptionOfTransaction_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--HongyeFinancialConsultingShenzhenCoLtdMember_zH1ZtOnUklte" title="Name of Related Parties">Hongye Financial Consulting (Shenzhen) Co., Ltd.</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_909_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--HongyeFinancialConsultingShenzhenCoLtdMember_zcBoiW26hMcb" title="Relationship with the Company">A company controlled by CEO, Mr. Zhida Hong</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_900_eus-gaap--RelatedPartyTransactionDescriptionOfTransaction_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--BihuaYangMember_zDpjWcuFjaZ4" title="Name of Related Parties">Bihua Yang</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_909_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--BihuaYangMember_z63w2pk0Fuzd" title="Relationship with the Company">A legal representative of XKJ</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_905_eus-gaap--RelatedPartyTransactionDescriptionOfTransaction_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--JinlongHuangMember_zxtS2lLapCl9" title="Name of Related Parties">Jinlong Huang</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_90B_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--JinlongHuangMember_z9m4ylVp1k64" title="Relationship with the Company">Management of HSW </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_901_eus-gaap--RelatedPartyTransactionDescriptionOfTransaction_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--YinpingDingMember_zJVF8oEV8F6e" title="Name of Related Parties">Yinping Ding</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_900_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--YinpingDingMember_zX9F29z5SWNf" title="Relationship with the Company">Management of HSW & YS</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_906_eus-gaap--RelatedPartyTransactionDescriptionOfTransaction_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--WuRuiAndRichesAffiliatedPartiesMember_fKDEp_zzwxyGQpHhT9" title="Name of Related Parties">Wu Rui and Riches Affiliated Parties (1)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_90C_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--WuRuiAndRichesAffiliatedPartiesMember_fKDEp_zs28V3TPYX51" title="Relationship with the Company">Mr. Wu Rui is the Chief Operating Officer of the Company. The Riches Affiliated Parties are affiliated with Mr. Wu Rui and were involved in the Company’s related-party share exchange transaction.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_907_eus-gaap--RelatedPartyTransactionDescriptionOfTransaction_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--KMFGRelatedPartiesMember_zteNCTxAR6rd" title="Name of Related Parties">KMFG’s related parties</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_903_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--KMFGRelatedPartiesMember_zS8GcsBQLC5j" title="Relationship with the Company">KMFG’s shareholders, directors and related parties</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 15pt; text-align: right">(1)</td><td style="width: 5pt"></td><td style="text-align: justify">For purposes of this section, “Riches Affiliated Parties” refers to Riches FO Holdings Limited, Riches Family Office Limited and Riches Elite Technology (Shenzhen) Co., Ltd. Riches FO Holdings Limited is controlled by Mr. Wu Rui, the Company’s Chief Operating Officer, and was the seller in the Company’s related-party share exchange transaction involving Riches Family Office Limited. Riches Elite Technology (Shenzhen) Co., Ltd. is the operating subsidiary of Riches Family Office Limited.</td> </tr></table>

Zhida Hong

President, CEO, and a director of the Company

Hongye Financial Consulting (Shenzhen) Co., Ltd.

A company controlled by CEO, Mr. Zhida Hong

Bihua Yang

A legal representative of XKJ

Jinlong Huang

Management of HSW

Yinping Ding

Management of HSW & YS

Wu Rui and Riches Affiliated Parties (1)

Mr. Wu Rui is the Chief Operating Officer of the Company. The Riches Affiliated Parties are affiliated with Mr. Wu Rui and were involved in the Company’s related-party share exchange transaction.

KMFG’s related parties

KMFG’s shareholders, directors and related parties

0.4167

33500

The Company had the following related party balances at the end of the years: SCHEDULE OF RELATED PARTY BALANCES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Amount due from related party</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20260331_z4XPGlDzFoUc" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20250331_zZH5q3lkHAv7" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40F_eus-gaap--OtherAssetsCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--HongZhidaMember_zQZ4LIwdAy6b" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Hong Zhida (1)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">3,626,417</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">2,856,262</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--OtherAssetsCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--BihuaYangMember_ziRsAiCow2lf" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Bihua Yang (2)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,369,355</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,426,867</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--OtherAssetsCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--RichesFamilyOfficeLimitedMember_zPWvJ4XwPH2k" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Riches affiliated companies</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">623,100</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--OtherAssetsCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_znSA3Z5J02Pk" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Amount due from related party</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">5,618,872</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,283,129</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: justify">Related party borrowings</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20260331_zmAek4p1JQ5k" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20250331_zGDgJ3twEERe" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_406_eus-gaap--OtherLiabilitiesCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--HongyeFinancialConsultingShenzhenCoLtdMember_zBnKTXEM5jml" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Hongye Financial Consulting (Shenzhen) Co., Ltd.</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">101,322</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">39,174</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--OtherLiabilitiesCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--JinlongHuangMember_zqq3gVQSWhib" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Jinlong Huang</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">118,734</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">122,420</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--OtherLiabilitiesCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--RichesFamilyOfficeLimitedMember_za5tRBpTqYD3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Riches’ affiliated companies</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">306,946</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--OtherLiabilitiesCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--KeemoFashionGroupLimitedMember_zJyTcQ2zv6dl" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Keemo’s related parties</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">554,478</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--OtherLiabilitiesCurrent_iI_ziAlvfHWsGu" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Related party borrowings</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,081,480</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">161,594</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The increase of related party from Hong Zhida was short term loan to Hong Zhida, which is interest free and would be repaid in one year. </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">(2)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The decrease of related party debt from Yang Bihua was mainly due to repayment from Yang Bihua.</td></tr> </table>

3626417

2856262

1369355

1426867

623100

5618872

4283129

101322

39174

118734

122420

306946

554478

1081480

161594

<table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="text-align: justify; width: 0.25in">7.</td> <td style="text-align: justify">RESTRICTED CASH</td></tr> </table> The proceeds from issuance of the convertible note and warrants were deposited in a Holder Master Restricted Account with East West Bank controlled by the holders of the convertible note and warrants. The restricted cash will be released, over the period from the issuance date to the maturity date of the convertible note, when control account release events occur, which includes: (i) the Company’s receipt of a notice by the Holder electing to voluntarily effect a release of cash to the Company; (ii) the shareholder approval and registration of the new authorized shares according to the Securities Purchase Agreement; and (iii) any conversion of the convertible note. During the year ended March 31, 2026, substantially all of the restricted cash was released following the occurrence of contractual release events, primarily in connection with the conversion and settlement of the Company’s outstanding convertible notes. Accordingly, restricted cash decreased from $2,750,000 as of March 31, 2025 to $10,756 as of March 31, 2026. The release of approximately $2.7 million of restricted cash is presented as a financing cash inflow in the accompanying consolidated statements of cash flows.

2750000

10756

-2700000

<table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="text-align: justify; width: 0.25in">8.</td> <td style="text-align: justify">DEBT SECURITIES HELD-TO-MATURITY</td></tr> </table> SCHEDULE OF DEBT SECURITIES HELD TO MATURITY <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_494_20260331_zCiPQVGXD789" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49E_20250331_zqHn6v1iGUKa" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 60%"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right"> </td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right"> </td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--DebtSecuritiesCurrent_iI_zTZzZazss1F1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Debt securities held-to-maturity</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">12,000,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">17,500,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> The Company purchased a note issued by a third-party investment company on August 24, 2022 with a principal amount of $17.5 million. The note bears interest at 2.5% per annum and is renewable on an annual basis. The debt is guaranteed by Hongye Financial Consulting (Shenzhen) Co., Ltd., a company controlled by the Company’s CEO, Mr. Hong Zhida. As of March 31, 2026 and 2025, accrued coupon interest receivable amounted to $437,500 and $437,500, respectively. On March 30, 2026, the Company completed the acquisition of <span id="xdx_90B_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_pid_dp_uPure_c20260330__srt--OwnershipAxis__custom--KeemoFashionGroupLimitedMember_zseT0r8qo2Cg" title="Effective ownership interest percent">62.18% of the outstanding ordinary shares of Keemo Fashion Group Limited (“Keemo Fashion”) (Note 5). As consideration for the acquisition, the Company transferred a portion of the note with a principal amount of approximately $<span id="xdx_902_eus-gaap--BusinessCombinationConsiderationTransferredOther1_pn5n6_c20260330__20260330__us-gaap--BusinessAcquisitionAxis__custom--KeemoFashionGroupLimitedMember_zeJQUGQk4Mch" title="Business acquisition principal amount">5.5 million to the seller. Following the transfer, the remaining principal balance of the debt security held by the Company was $12.0 million as of March 31, 2026.

SCHEDULE OF DEBT SECURITIES HELD TO MATURITY <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_494_20260331_zCiPQVGXD789" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49E_20250331_zqHn6v1iGUKa" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 60%"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right"> </td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right"> </td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--DebtSecuritiesCurrent_iI_zTZzZazss1F1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Debt securities held-to-maturity</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">12,000,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">17,500,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

12000000

17500000

0.025

437500

0.6218

5500000

12000000.0

<table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="text-align: justify; width: 0.25in">9.</td> <td style="text-align: justify">INVENTORIES</td></tr> </table> Inventories consist of the following as of March 31, 2026 and 2025: SCHEDULE OF INVENTORIES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_499_20260331_zuzE2drmXBW2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_499_20250331_zn1lMl2ddT9a" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_400_eus-gaap--InventoryRawMaterials_iI_maINzTeR_zkrkC4JQHYfa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Raw materials</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">11,116</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">10,623</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--InventoryFinishedGoods_iI_maINzTeR_zQSMKIxNwMnh" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Finished goods</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">169,861</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">156,251</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--InventoryNet_iTI_mtINzTeR_zyChhpv9dcf8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Total inventories</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">180,977</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">166,874</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

Inventories consist of the following as of March 31, 2026 and 2025: SCHEDULE OF INVENTORIES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_499_20260331_zuzE2drmXBW2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_499_20250331_zn1lMl2ddT9a" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_400_eus-gaap--InventoryRawMaterials_iI_maINzTeR_zkrkC4JQHYfa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Raw materials</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">11,116</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">10,623</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--InventoryFinishedGoods_iI_maINzTeR_zQSMKIxNwMnh" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Finished goods</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">169,861</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">156,251</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--InventoryNet_iTI_mtINzTeR_zyChhpv9dcf8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Total inventories</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">180,977</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">166,874</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

11116

10623

169861

156251

180977

166874

<table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="text-align: justify; width: 0.25in">10.</td> <td style="text-align: justify">ADVANCES TO SUPPLIERS</td></tr> </table> The Company makes advances to third-party suppliers and service providers in the ordinary course of business. These advances primarily relate to deposits and prepayments made in connection with logistics and transportation services, as well as advances for the procurement of inventory used in the garment trading business. Such advances are made to secure service capacity, facilitate the timely provision of services or delivery of goods, and in certain cases to obtain favorable commercial terms. The Company evaluates the creditworthiness and financial condition of its suppliers and service providers before making advance payments. If the Company determines that the recoverability of any advance becomes doubtful due to a supplier’s inability to fulfill its contractual obligations or repay the advance, an allowance for expected credit losses is recognized in accordance with the Company’s accounting policy.

<table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="text-align: justify; width: 0.25in">11.</td> <td style="text-align: justify">PREPAYMENTS, DEPOSITS AND OTHER RECEIVABLES</td></tr> </table> Prepayments, deposits and other receivables consist of the following as of March 31, 2026 and 2025: SCHEDULE OF PREPAYMENTS DEPOSITS AND OTHER RECEIVABLES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49D_20260331_zxsuK8lsZ32i" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20250331_zsAiVBZmvXtc" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40D_eus-gaap--PrepaidExpenseCurrent_iI_maPEAOAzMHh_zzdUUjIt9Bmf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Prepayments</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">52,620</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">50,590</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--DepositAssets_iI_maPEAOAzMHh_zvGGLrMTTz1b" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Deposits</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">37,492</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">722,035</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_ecustom--ReceivableOfConsiderationOnDisposalsOfSubsidiaries_iI_maPEAOAzMHh_zgalxf2ztQrl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Receivable of consideration on disposal of subsidiaries</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">14,466</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_ecustom--CouponReceivableOfMaturedDebtSecurity_iI_maPEAOAzMHh_zlfdftlMi1x7" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Coupon receivable of matured debt security (Note a)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">437,500</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--LoanToThirdParty_iI_maPEAOAzMHh_zzpVzBa4Sg4g" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Loan to third party (Note b)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,500,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,500,000</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--OtherReceivablesGrossCurrent_iI_maPEAOAzMHh_z40Fu5XjJ0H3" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Other receivables</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">460,755</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">365,722</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--PrepaidExpenseAndOtherAssets_iTI_mtPEAOAzMHh_zjbmZfeyL6V" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Prepayments and other receivables</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">3,502,833</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">3,638,347</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 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.

Prepayments, deposits and other receivables consist of the following as of March 31, 2026 and 2025: SCHEDULE OF PREPAYMENTS DEPOSITS AND OTHER RECEIVABLES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49D_20260331_zxsuK8lsZ32i" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20250331_zsAiVBZmvXtc" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40D_eus-gaap--PrepaidExpenseCurrent_iI_maPEAOAzMHh_zzdUUjIt9Bmf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Prepayments</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">52,620</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">50,590</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--DepositAssets_iI_maPEAOAzMHh_zvGGLrMTTz1b" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Deposits</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">37,492</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">722,035</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_ecustom--ReceivableOfConsiderationOnDisposalsOfSubsidiaries_iI_maPEAOAzMHh_zgalxf2ztQrl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Receivable of consideration on disposal of subsidiaries</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">14,466</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_ecustom--CouponReceivableOfMaturedDebtSecurity_iI_maPEAOAzMHh_zlfdftlMi1x7" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Coupon receivable of matured debt security (Note a)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">437,500</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--LoanToThirdParty_iI_maPEAOAzMHh_zzpVzBa4Sg4g" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Loan to third party (Note b)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,500,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,500,000</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--OtherReceivablesGrossCurrent_iI_maPEAOAzMHh_z40Fu5XjJ0H3" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Other receivables</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">460,755</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">365,722</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--PrepaidExpenseAndOtherAssets_iTI_mtPEAOAzMHh_zjbmZfeyL6V" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Prepayments and other receivables</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">3,502,833</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">3,638,347</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

52620

50590

37492

722035

14466 437500 2500000 2500000

460755

365722

3502833

3638347

2500000

August 2026

<table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="text-align: justify; width: 0.25in">12.</td> <td style="text-align: justify">PLANT AND EQUIPMENT</td></tr> </table> Plant and equipment consist of the following as of March 31, 2026 and 2025: SCHEDULE OF PROPERTY PLANT AND EQUIPMENT <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_499_20260331_z0RyZovaIYF8" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49D_20250331_zw4jUAZm8aP7" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_405_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--ProductionPlantMember_zul8UOU5qp2c" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Production plant</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">65,906</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">103,242</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--MotorVehiclesMember_zvuHq7VxMxq8" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Motor vehicles</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">795,306</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">734,990</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember_z5r7xw39pqT9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt">Office equipment</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">36,197</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">52,194</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--PropertyPlantAndEquipmentGross_iI_maPPAENzimz_z171k1iI47Q8" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Total Cost</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">897,409</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">890,426</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--PropertyPlantAndEquipmentGross_iI_maPPAENzimz_zsajESjgh5z" style="display: none; vertical-align: bottom; background-color: White"> <td style="display: none; text-align: justify; padding-bottom: 1pt">Property, plant and equipment gross </td><td style="display: none; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; display: none; text-align: left"> </td><td style="border-bottom: Black 1pt solid; display: none; text-align: right">897,409</td><td style="display: none; padding-bottom: 1pt; text-align: left"> </td><td style="display: none; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; display: none; text-align: left"> </td><td style="border-bottom: Black 1pt solid; display: none; text-align: right">890,426</td><td style="display: none; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_iNI_di_msPPAENzimz_z8vL98JaOwcl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt">Less: accumulated depreciation</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(556,569</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(502,429</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_406_eus-gaap--PropertyPlantAndEquipmentNet_iTI_mtPPAENzimz_znZ6QM3o5i5e" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Plant and equipment, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">340,840</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">387,997</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> Depreciation expense for the years ended March 31, 2026 and 2025 was $77,728 and $119,187, respectively.

Plant and equipment consist of the following as of March 31, 2026 and 2025: SCHEDULE OF PROPERTY PLANT AND EQUIPMENT <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_499_20260331_z0RyZovaIYF8" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49D_20250331_zw4jUAZm8aP7" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_405_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--ProductionPlantMember_zul8UOU5qp2c" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Production plant</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">65,906</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">103,242</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--MotorVehiclesMember_zvuHq7VxMxq8" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Motor vehicles</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">795,306</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">734,990</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember_z5r7xw39pqT9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt">Office equipment</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">36,197</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">52,194</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--PropertyPlantAndEquipmentGross_iI_maPPAENzimz_z171k1iI47Q8" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Total Cost</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">897,409</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">890,426</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--PropertyPlantAndEquipmentGross_iI_maPPAENzimz_zsajESjgh5z" style="display: none; vertical-align: bottom; background-color: White"> <td style="display: none; text-align: justify; padding-bottom: 1pt">Property, plant and equipment gross </td><td style="display: none; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; display: none; text-align: left"> </td><td style="border-bottom: Black 1pt solid; display: none; text-align: right">897,409</td><td style="display: none; padding-bottom: 1pt; text-align: left"> </td><td style="display: none; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; display: none; text-align: left"> </td><td style="border-bottom: Black 1pt solid; display: none; text-align: right">890,426</td><td style="display: none; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_iNI_di_msPPAENzimz_z8vL98JaOwcl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt">Less: accumulated depreciation</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(556,569</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(502,429</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_406_eus-gaap--PropertyPlantAndEquipmentNet_iTI_mtPPAENzimz_znZ6QM3o5i5e" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Plant and equipment, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">340,840</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">387,997</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

65906

103242

795306

734990

36197

52194

897409

890426

897409

890426

556569

502429

340840

387997

77728

119187

<table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="text-align: justify; width: 0.25in">13.</td> <td style="text-align: justify">SHORT-TERM BANK LOAN</td></tr> </table> In August 2019, HSW entered into a facility agreement with Agricultural Bank of China and obtained a line of credit, which allows the Company to borrow up to approximately $<span id="xdx_90E_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_c20190831__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--DongguanAgriculturalBankOfChinaMember__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember_zvHFPFI3hURc" title="Line of credit maximum borrowing capacity">137,729 (RMB<span id="xdx_90E_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_uRMB_c20190831__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--DongguanAgriculturalBankOfChinaMember__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember_zze8dEN4toe5" title="Line of credit maximum borrowing capacity">1,000,000) for daily operations. The loans are guaranteed at no cost by the legal representative of HSW. As of March 31, 2026, the Company has borrowed $<span id="xdx_90D_eus-gaap--LinesOfCreditCurrent_iI_c20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--DongguanAgriculturalBankOfChinaMember__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember_zSgys397Oj8d" title="Line of credit outstanding value">136,593 (RMB<span id="xdx_908_eus-gaap--LinesOfCreditCurrent_iI_uRMB_c20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--DongguanAgriculturalBankOfChinaMember__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember_z249xWuYurg5" title="Line of credit outstanding value">944,255) (March 31, 2025: $<span id="xdx_904_eus-gaap--LinesOfCreditCurrent_iI_c20250331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--DongguanAgriculturalBankOfChinaMember__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember_zNaigg3Lro11" title="Line of credit outstanding value">130,051 (RMB<span id="xdx_90E_eus-gaap--LinesOfCreditCurrent_iI_uRMB_c20250331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--DongguanAgriculturalBankOfChinaMember__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember_zxIi21T4PhU3" title="Line of credit outstanding value">944,255)) under this line of credit with various annual interest rates from <span id="xdx_90C_eus-gaap--LineOfCreditFacilityInterestRateDuringPeriod_pid_dp_uPure_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--DongguanAgriculturalBankOfChinaMember__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember__srt--RangeAxis__srt--MinimumMember_zqlWLLPq6KKd" title="Line of credit facility, interest rate">4.34% to <span id="xdx_909_eus-gaap--LineOfCreditFacilityInterestRateDuringPeriod_pid_dp_uPure_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--DongguanAgriculturalBankOfChinaMember__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember__srt--RangeAxis__srt--MaximumMember_zosZdCmOGq8a" title="Line of credit facility, interest rate">4.9%. The outstanding loan balance was due on September 30, 2021. The Company was not able to renew the loan facility with the bank. The Company is negotiating with the bank on repayment schedule of the loan balance and interest payable. In February 2023, XKJ entered into a facility agreement with China Construction Bank and obtained a line of revolving credit, which allows the Company to borrow up to approximately $<span id="xdx_904_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_c20230228__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ChinaConstructionBankMember__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember_zxDlhOACixBh" title="Line of credit maximum borrowing capacity">1,301,914 (RMB<span id="xdx_90C_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_uRMB_c20230228__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ChinaConstructionBankMember__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember_z9UVXUosM9Mg" title="Line of credit maximum borrowing capacity">9,000,000) for daily operations, with Loan Prime Rate of the day prior to the draw down day. As of March 31, 2026, the Company has borrowed $<span id="xdx_90C_eus-gaap--LinesOfCreditCurrent_iI_c20260331__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ChinaConstructionBankMember_zo3uQPSUaj69" title="Line of credit borrowing">535,231 (RMB<span id="xdx_906_eus-gaap--LinesOfCreditCurrent_iI_uRMB_c20260331__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ChinaConstructionBankMember_zdmCcM1npYId" title="Line of credit borrowing">3,700,000) (March 31, 2025: $<span id="xdx_906_eus-gaap--LinesOfCreditCurrent_iI_c20250331__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ChinaConstructionBankMember_zW4qWY7tdw87" title="Line of credit borrowing">406,300 (RMB2,950,000)) under this line of credit with annual interest rate of <span id="xdx_90C_eus-gaap--LineOfCreditFacilityInterestRateDuringPeriod_pid_dp_uPure_c20250401__20260331__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ChinaConstructionBankMember_zG2IMLV8Dsjl" title="Line of credit facility, interest rate">3.9%. The revolving credit facility was renewed in November 2025 and the new expiration date will be <span id="xdx_901_eus-gaap--LineOfCreditFacilityExpirationDate1_c20240401__20250331__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ChinaConstructionBankMember_zYE3Vuw6WkMa" title="Expiration date">November 25, 2028. In December 2023, PF entered into a facility agreement with Sichuan Xinwang Bank Co., Ltd. and obtained a line of credit, which allows the Company to borrow up to approximately $<span id="xdx_904_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_c20231231__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SichuamXinwangBankCoLtdMember_zkD8UzoyS8P5" title="Line of credit maximum borrowing capacity">72,329 (RMB<span id="xdx_90F_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_uRMB_c20231231__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SichuamXinwangBankCoLtdMember_zzbwwh2yhF2c" title="Line of credit maximum borrowing capacity">500,000) for daily operations with annual interest rate of <span id="xdx_900_eus-gaap--LineOfCreditFacilityInterestRateDuringPeriod_pid_dp_uPure_c20231201__20231231__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SichuamXinwangBankCoLtdMember_zrrGemUsnD3j" title="Line of credit facility, interest rate">6.72%, to be expired on <span id="xdx_90E_eus-gaap--LineOfCreditFacilityExpirationDate1_dd_c20231201__20231231__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SichuamXinwangBankCoLtdMember__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember_zolYCq95zKm5" title="Expiration date">December 26, 2025. The Company has fully repaid this loan facility in September 2025. As of March 31, 2026, the outstanding balance of this loan facility was <span id="xdx_905_eus-gaap--LinesOfCreditCurrent_iI_dxL_c20260331__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SichuamXinwangBankCoLtdMember_zwJmN6F87sj2" title="Line of credit borrowing::XDX::-">Nil (March 31, 2025: $<span id="xdx_90D_eus-gaap--LinesOfCreditCurrent_iI_c20250331__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SichuamXinwangBankCoLtdMember_zK09Ppr4sDr3" title="Line of credit borrowing">25,824 (RMB<span id="xdx_901_eus-gaap--LinesOfCreditCurrent_iI_uRMB_c20250331__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SichuamXinwangBankCoLtdMember_zRAgi9ty9wcl" title="Line of credit borrowing">187,500)). In March 2024, PF entered into a new facility agreement with WeBank Co., Ltd. and obtained a line of credit, which allows the Company to borrow up to approximately $<span id="xdx_90C_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_c20240331__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--WeBankCoLtdMember_zeNLcN7vYfTl" title="Line of credit borrowing">144,657 (RMB<span id="xdx_904_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_uRMB_c20240331__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--WeBankCoLtdMember_z5aTjkjQGQgb" title="Line of credit maximum borrowing capacity">1,000,000) for daily operations, with annual interest rate of <span id="xdx_906_eus-gaap--LineOfCreditFacilityInterestRateDuringPeriod_pid_dp_uPure_c20240301__20240331__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--WeBankCoLtdMember_zH33cEQQ6ih3" title="Line of credit facility, interest rate">8.244%. The loan facility was expired on <span id="xdx_901_eus-gaap--LineOfCreditFacilityExpirationDate1_c20240301__20240331__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--WeBankCoLtdMember_zEgbnMDQB0Tg" title="Revolving credit facility, expire date">March 22, 2026. The Company has fully repaid this loan facility when expired. As of March 31, 2026, the outstanding balance of this loan facility was <span id="xdx_90A_eus-gaap--LinesOfCreditCurrent_iI_dxL_c20260331__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--WeBankCoLtdMember_zPgvWJujezp3" title="Line of credit borrowing::XDX::-">Nil (March 31, 2025: $<span id="xdx_907_eus-gaap--LinesOfCreditCurrent_iI_c20250331__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--WeBankCoLtdMember_znVVudsMPiC7" title="Line of credit borrowing">78,702 (RMB<span id="xdx_90D_eus-gaap--LinesOfCreditCurrent_iI_uRMB_c20250331__us-gaap--TypeOfArrangementAxis__custom--FacilityAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--WeBankCoLtdMember_zDwFtTswu2o2" title="Line of credit borrowing">571,429)).

137729

1000000

136593

944255

130051

944255

0.0434

0.049

1301914

9000000

535231

3700000

406300

0.039

2028-11-25

72329

500000

0.0672

2025-12-26

25824

187500

144657

1000000

0.08244

2026-03-22

78702

571429

<table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="text-align: justify; width: 0.25in">14.</td> <td style="text-align: justify">TAXATION</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(a)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Enterprise Income Tax (“EIT”)</td></tr> </table> The Company operates in multiple jurisdictions, including the People’s Republic of China (“PRC”), Hong Kong, Seychelles and the United States, and is subject to the applicable tax laws in those jurisdictions. Yingxi Seychelles was incorporated in the Republic of Seychelles and, under the current laws of Seychelles, is not subject to income taxes. Yingxi HK is subject to Hong Kong Profits Tax. Under the two-tiered profits tax regime, the first HK$<span id="xdx_908_eus-gaap--IncomeTaxCreditsAndAdjustments_pn3n6_c20250401__20260331__srt--StatementGeographicalAxis__country--HK__us-gaap--TaxPeriodAxis__custom--FirstTierMember_zngD8GEV9kc6" title="Income tax profits">2 million of assessable profits is taxed at <span id="xdx_902_eus-gaap--EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_pid_dp_uPure_c20250401__20260331__srt--StatementGeographicalAxis__country--HK__us-gaap--TaxPeriodAxis__custom--FirstTierMember_zNCYg75UYM0f" title="Income tax profits">8.25%, with the remaining assessable profits taxed at <span id="xdx_903_eus-gaap--EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_pid_dp_uPure_c20250401__20260331__srt--StatementGeographicalAxis__country--HK_zNJGhdT43L2i" title="Income tax rate">16.5%. No provision for income taxes in Hong Kong has been made as Yingxi HK had no taxable income for the years ended March 31, 2026 and 2025. YX was incorporated in the PRC and is subject to an EIT tax rate of <span id="xdx_90E_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_pid_dp_uPure_c20250401__20260331__srt--StatementGeographicalAxis__country--CN_zb93NMD8kVB2" title="Effective federal statutory tax rate">25%. No provision for income taxes in the PRC has been made as YX had no taxable income for the years ended March 31, 2026 and 2025. The Company’s PRC operating subsidiaries are subject to the EIT Law of the PRC. The applicable statutory EIT rate is 25%. Income taxes of the PRC subsidiaries were $4,106 and $4,649 for the years ended March 31, 2026 and 2025, respectively. The Company’s parent entity, Addentax Group Corp., is a U.S. entity and is subject to the United States federal income tax. No provision for income taxes in the United States has been made as Addentax Group Corp. had no United States taxable income for the years ended March 31, 2026 and 2025. The reconciliation of income taxes computed at the applicable PRC statutory enterprise income tax rate to income tax expense is as follows: SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20250401__20260331_zISjgRldPONf" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20240401__20250331_zoKMN1FkzYbd" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40D_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_dp_uPure_zjeDVsNeX5yb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">PRC statutory tax rate</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">25</td><td style="width: 1%; text-align: left">%</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">25</td><td style="width: 1%; text-align: left">%</td></tr> <tr id="xdx_40E_ecustom--EffectiveIncomeTaxRateReconciliationAtComputedExpectedExpenses_iN_di_msITEBzEJ9_zvjhO40r47M2" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Computed expected (expenses) benefits</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(1,233,228</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(1,189,972</td><td style="text-align: left">)</td></tr> <tr id="xdx_409_eus-gaap--IncomeTaxReconciliationChangeInEnactedTaxRate_maITEBzEJ9_zhgM6skCYby5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Temporary differences</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">944,486</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">101,036</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_ecustom--IncomeTaxReconciliationChangeInEnactedTaxRatePermanentDifference_maITEBzEJ9_zUVbDOGNx9M" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Permanent differences</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">227,252</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">43,506</td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--ValuationAllowanceDeferredTaxAssetChangeInAmount_iN_di_msITEBzEJ9_zfhmDd9sO0Ia" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Changes in valuation allowance</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">65,596</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,050,079</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--IncomeTaxExpenseBenefit_iT_mtITEBzEJ9_z6Dg69ipTXT2" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Reported income tax expenses</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,106</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,649</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> As of March 31, 2026, the accumulated tax losses in China amounting to $1.7 million (2025: $2.5 million) will expire in five years. As of March 31, 2026, the accumulated net operating loss carried forward in the US entity was $14.9 million (2025: $10.5 million). Deferred tax assets have not been recognized in respect of any potential tax benefit that may be derived from net operating loss carryforwards and temporary differences related to property and equipment due to past negative evidence of previous cumulative net losses and uncertainty upon restructuring. The management will continue to assess at each reporting period to determine the realizability of deferred tax assets. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(b)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Value Added Tax (“VAT”)</td></tr> </table> In accordance with the relevant taxation laws in the PRC, the normal VAT rate for domestic sales is 13%, which is levied on the invoiced value of sales and is payable by the purchaser. Companies are required to remit the VAT they collect to the tax authority. A credit is available whereby VAT paid on purchases can be used to offset the VAT due on sales. For services, the applicable VAT rate is 9% under the applicable VAT category for logistics companies, except for PF Branch, which was entitled to a preferential VAT rate of 3% during the years ended March 31, 2026 and 2025. The Company is required to pay the full amount of VAT calculated at the applicable VAT rate of the invoiced value of sales as required. A credit is available whereby VAT paid on gasoline and toll charges can be used to offset the VAT due on service income. The Company’s consulting service is conducted through Yingxi HK, the Company’s Hong Kong subsidiary. Hong Kong does not impose value-added tax, goods and services tax or sales tax. Accordingly, the consulting service conducted through Yingxi HK is not subject to VAT in Hong Kong.

2000000

0.0825

0.165

0.25

4106

4649

The reconciliation of income taxes computed at the applicable PRC statutory enterprise income tax rate to income tax expense is as follows: SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20250401__20260331_zISjgRldPONf" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20240401__20250331_zoKMN1FkzYbd" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40D_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_dp_uPure_zjeDVsNeX5yb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">PRC statutory tax rate</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">25</td><td style="width: 1%; text-align: left">%</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">25</td><td style="width: 1%; text-align: left">%</td></tr> <tr id="xdx_40E_ecustom--EffectiveIncomeTaxRateReconciliationAtComputedExpectedExpenses_iN_di_msITEBzEJ9_zvjhO40r47M2" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Computed expected (expenses) benefits</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(1,233,228</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(1,189,972</td><td style="text-align: left">)</td></tr> <tr id="xdx_409_eus-gaap--IncomeTaxReconciliationChangeInEnactedTaxRate_maITEBzEJ9_zhgM6skCYby5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Temporary differences</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">944,486</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">101,036</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_ecustom--IncomeTaxReconciliationChangeInEnactedTaxRatePermanentDifference_maITEBzEJ9_zUVbDOGNx9M" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Permanent differences</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">227,252</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">43,506</td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--ValuationAllowanceDeferredTaxAssetChangeInAmount_iN_di_msITEBzEJ9_zfhmDd9sO0Ia" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Changes in valuation allowance</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">65,596</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,050,079</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--IncomeTaxExpenseBenefit_iT_mtITEBzEJ9_z6Dg69ipTXT2" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Reported income tax expenses</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,106</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,649</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

0.25

1233228 1189972

944486

101036

227252 43506

-65596

-1050079

4106

4649

1700000 2500000

14900000

10500000

0.13 0.09 0.03 0.03

<table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="text-align: justify; width: 0.25in">15.</td> <td style="text-align: justify">CONSOLIDATED SEGMENT DATA</td></tr> </table> Segment information is consistent with how management reviews the businesses, makes investing and resource allocation decisions and assesses operating performance. The segment data presented reflects this segment structure. The Company reports financial and operating information in the following three segments: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(a)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Garment manufacturing. Including manufacturing and distribution of garments;</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">(b)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Logistics services. Providing logistic services;</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">(c)</td> <td style="font: 10pt Times New Roman, Times, Serif">Consulting. Providing consulting and advisory services, including insurance consulting and related customer service support. </td></tr> </table> The property management and subleasing business was disposed of during the year and was not included as a continuing operating segment in the current year segment assessment. The Company also provides general corporate services to its segments and these costs are reported as “Corporate and other”. Selected information in the segment structure is presented in the following tables: SCHEDULE OF SEGMENT REPORTING FOR REVENUE <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%; margin-left: 0.25in"> <tr style="display: none; vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Revenues from external customers</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49F_20250401__20260331_zg7N4rLyqF23" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_493_20240401__20250331_zNEq8vDaZVb9" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Year ended March 31,</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Revenues from external customers</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_402_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_hus-gaap--StatementBusinessSegmentsAxis__custom--GarmentManufacturingSegmentMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zzmoSKiqIlx9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Garments manufacturing segment</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">40,911</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">283,042</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_hus-gaap--StatementBusinessSegmentsAxis__custom--LogisticServicesSegmentMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zR3nAfbAOjRi" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Logistics services segment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,176,771</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,018,325</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_hus-gaap--StatementBusinessSegmentsAxis__custom--ConsultingMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zu4b2dbNkfwf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Consulting</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,153,501</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_hus-gaap--StatementBusinessSegmentsAxis__custom--OthersMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zS47E0WmBjZi" style="vertical-align: bottom; background-color: White"> <td>Others</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_hus-gaap--StatementBusinessSegmentsAxis__custom--PropertyManagementAndSubleasingMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zrYTn0UHAkGe" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Property management and subleasing</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">879,547</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_hus-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zYCi9QziIDT3" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Total of reportable segments</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,371,183</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,180,914</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_hus-gaap--StatementBusinessSegmentsAxis__us-gaap--CorporateAndOtherMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--IntersubsegmentEliminationsMember_ziA1i3ZJyqe3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Corporate and other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_zNNtcoFbGcq8" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total consolidated revenue</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">5,371,183</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,180,914</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_893_ecustom--ScheduleOfSegmentReportingInformationByIncomeFromOperationSegmentTextBlock_z0IVYQIhYGXg" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify">Income (loss) from operations by segment for year ended March 31, 2026 and 2025 are as follows: SCHEDULE OF SEGMENT REPORTING FOR INCOME FROM OPERATION <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%; margin-left: 0.25in"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_491_20250401__20260331_zlX6w1uRgrTh" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49F_20240401__20250331_z8TBz1Zd2zZj" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Year ended March 31,</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_408_eus-gaap--OperatingIncomeLoss_hus-gaap--StatementBusinessSegmentsAxis__custom--GarmentManufacturingSegmentMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zLjccgtbfyYd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Garments manufacturing segment</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">(48,459</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">(100,715</td><td style="width: 1%; text-align: left">)</td></tr> <tr id="xdx_403_eus-gaap--OperatingIncomeLoss_hus-gaap--StatementBusinessSegmentsAxis__custom--LogisticServicesSegmentMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zesAKhKMcuY7" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Logistics services segment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">35,833</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">249,160</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--OperatingIncomeLoss_hus-gaap--StatementBusinessSegmentsAxis__custom--ConsultingMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_z0gtoDK2TDt1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Consulting</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(66,434</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--OperatingIncomeLoss_hus-gaap--StatementBusinessSegmentsAxis__custom--OthersMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_z6n4FJ3F2rI7" style="vertical-align: bottom; background-color: White"> <td>Others</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(280</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--OperatingIncomeLoss_hus-gaap--StatementBusinessSegmentsAxis__custom--PropertyManagementAndSubleasingMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zb8hyZeeiUS1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Property management and subleasing</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(954,448</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40B_eus-gaap--OperatingIncomeLoss_hus-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zxVwoAuIJtpc" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Total of reportable segments</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(79,340</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(806,003</td><td style="text-align: left">)</td></tr> <tr id="xdx_401_eus-gaap--OperatingIncomeLoss_hus-gaap--StatementBusinessSegmentsAxis__us-gaap--CorporateAndOtherMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--IntersubsegmentEliminationsMember_zvsDRoO25hcb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Corporate and other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,449,880</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,010,967</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40F_eus-gaap--OperatingIncomeLoss_zi2YKPPQtD8e" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total consolidated loss from operations</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">(1,529,220</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">(1,816,970</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table> Depreciation by segment for year ended March 31, 2026 and 2025 are as follows: SCHEDULE OF SEGMENT REPORTING FOR DEPRECIATION AND AMORTIZATION <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%; margin-left: 0.25in"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20250401__20260331_zXDhsvQleYJj" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49D_20240401__20250331_zPFSgl2xtRRl" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Year ended March 31,</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_409_eus-gaap--DepreciationDepletionAndAmortization_hus-gaap--StatementBusinessSegmentsAxis__custom--GarmentManufacturingSegmentMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zDsLNDWG8Dff" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Garments manufacturing segment</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">6,085</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">6,754</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--DepreciationDepletionAndAmortization_hus-gaap--StatementBusinessSegmentsAxis__custom--LogisticServicesSegmentMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zQWANZwkxefi" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Logistics services segment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">69,489</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">101,888</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--DepreciationDepletionAndAmortization_hus-gaap--StatementBusinessSegmentsAxis__custom--ConsultingMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zpLPaLNGnhEl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Consulting</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--DepreciationDepletionAndAmortization_hus-gaap--StatementBusinessSegmentsAxis__custom--OthersMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zHp51pZMgly6" style="vertical-align: bottom; background-color: White"> <td>Others</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--DepreciationDepletionAndAmortization_hus-gaap--StatementBusinessSegmentsAxis__custom--PropertyManagementAndSubleasingMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zM3WkeyeL9Ye" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Property management and subleasing</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">9,214</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--DepreciationDepletionAndAmortization_hus-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_z4TDZM5NBxBh" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Total of reportable segments</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">75,574</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">117,856</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--DepreciationDepletionAndAmortization_hus-gaap--StatementBusinessSegmentsAxis__us-gaap--CorporateAndOtherMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--IntersubsegmentEliminationsMember_zLumH1ZdsfNj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Corporate and other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,154</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,331</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--DepreciationDepletionAndAmortization_z27ml6UCXNU2" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total consolidated depreciation and amortization</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">77,728</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">119,187</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> Financial cost by segment for year ended March 31, 2026 and 2025 are as follows: SCHEDULE OF SEGMENT REPORTING FOR FINANCIAL COST <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%; margin-left: 0.25in"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_499_20250401__20260331_zSUgVCz9HaDi" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20240401__20250331_zkVhKnPkMvx6" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Year ended March 31,</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40E_eus-gaap--InterestExpense_hus-gaap--StatementBusinessSegmentsAxis__custom--GarmentManufacturingSegmentMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_ziuwkok5QEce" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Garments manufacturing segment</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">20</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">78</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--InterestExpense_hus-gaap--StatementBusinessSegmentsAxis__custom--LogisticServicesSegmentMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zoZ4Yxj5xpI1" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Logistics services segment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">41,923</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">53,066</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--InterestExpense_hus-gaap--StatementBusinessSegmentsAxis__custom--ConsultingMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zGsIRNFBleri" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Consulting</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--InterestExpense_hus-gaap--StatementBusinessSegmentsAxis__custom--OthersMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zALLtxhQAXh6" style="vertical-align: bottom; background-color: White"> <td>Others</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--InterestExpense_hus-gaap--StatementBusinessSegmentsAxis__custom--PropertyManagementAndSubleasingMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zGC4RwWgNlJ4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Property management and subleasing</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">152</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--InterestExpense_hus-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zVYgf9B9G0xk" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Total of reportable segments</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">41,949</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">53,296</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--InterestExpense_hus-gaap--StatementBusinessSegmentsAxis__us-gaap--CorporateAndOtherMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--IntersubsegmentEliminationsMember_znzj9G2Eem5k" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Corporate and other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">572,850</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,093,547</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--InterestExpense_z6xMrAVHGFr1" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total consolidated financial cost</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">614,799</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">1,146,843</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> Total assets by segment as of March 31, 2026 and March 31, 2025 are as follows: SCHEDULE OF SEGMENT REPORTING FOR ASSETS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: justify">Total assets</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_493_20260331_zR30ghbKeeO4" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20250331_z0bVNtjB6F39" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_407_eus-gaap--Assets_iI_hus-gaap--StatementBusinessSegmentsAxis__custom--GarmentManufacturingSegmentMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zlSpauYQw0oc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Garment manufacturing segment</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">171,717</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">238,981</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--Assets_iI_hus-gaap--StatementBusinessSegmentsAxis__custom--LogisticServicesSegmentMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zYO0ZyVRS8C6" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Logistics services segment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,059,748</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,167,653</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--Assets_iI_hus-gaap--StatementBusinessSegmentsAxis__custom--ConsultingMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zA3aXnlA0RN8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Consulting</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,899,665</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--Assets_iI_hus-gaap--StatementBusinessSegmentsAxis__custom--OthersMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zXuOMmhUONAa" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Others</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">314,316</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--Assets_iI_hus-gaap--StatementBusinessSegmentsAxis__custom--PropertyManagementAndSubleasingMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_z06C7qfHK7F9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt">Property management and subleasing</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">19,855,305</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--Assets_iI_hus-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zod7Zym1DHsd" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Total of reportable segments</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,445,446</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">23,261,939</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--Assets_iI_hus-gaap--StatementBusinessSegmentsAxis__us-gaap--CorporateAndOtherMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--IntersubsegmentEliminationsMember_zojnN8KXmpu7" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt">Corporate and other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">23,806,651</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">25,905,398</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--Assets_iI_z8tyrnQc9U86" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt">Consolidated total assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">29,252,097</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">49,167,337</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> Geographical Information The Company operates predominantly in China. In presenting information on the basis of geographical location, revenue is based on the geographical location of customers and long-lived assets are based on the geographical location of the assets. Geographic Information SCHEDULE OF GEOGRAPHICAL INFORMATION <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%; margin-left: 0.25in"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20250401__20260331_zovELyUoQZU4" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20240401__20250331_zkbI2EJ4To1h" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Year ended March 31,</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">Revenues</td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td></tr> <tr id="xdx_402_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_hsrt--StatementGeographicalAxis__country--CN_zhxIlobgLiWg" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left">Mainland China</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">3,217,682</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">4,180,914</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_hsrt--StatementGeographicalAxis__country--HK_zkc0NDErbsWa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Hong Kong</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,153,501</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_zVWRmBWKxFR3" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">5,371,183</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">4,180,914</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_zrEzj2V0i9f7" style="display: none; vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Revenues</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">5,371,183</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">4,180,914</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_490_20260331_z7UsdvXX2GGh" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20250331_zL7m5gYRqy3g" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left">Long-Lived Assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--AssetsNoncurrent_iI_hsrt--StatementGeographicalAxis__country--CN_zU321hPIYZI6" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left; padding-bottom: 2.5pt">Mainland China</td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; width: 16%; text-align: right">6,343,692</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; width: 16%; text-align: right">19,375,723</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--AssetsNoncurrent_iI_hsrt--StatementGeographicalAxis__country--CN_zxAwCBGcdIgi" style="display: none; vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Long-Lived Assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">6,343,692</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">19,375,723</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

true

Selected information in the segment structure is presented in the following tables: SCHEDULE OF SEGMENT REPORTING FOR REVENUE <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%; margin-left: 0.25in"> <tr style="display: none; vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Revenues from external customers</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49F_20250401__20260331_zg7N4rLyqF23" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_493_20240401__20250331_zNEq8vDaZVb9" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Year ended March 31,</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Revenues from external customers</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_402_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_hus-gaap--StatementBusinessSegmentsAxis__custom--GarmentManufacturingSegmentMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zzmoSKiqIlx9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Garments manufacturing segment</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">40,911</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">283,042</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_hus-gaap--StatementBusinessSegmentsAxis__custom--LogisticServicesSegmentMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zR3nAfbAOjRi" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Logistics services segment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,176,771</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,018,325</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_hus-gaap--StatementBusinessSegmentsAxis__custom--ConsultingMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zu4b2dbNkfwf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Consulting</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,153,501</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_hus-gaap--StatementBusinessSegmentsAxis__custom--OthersMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zS47E0WmBjZi" style="vertical-align: bottom; background-color: White"> <td>Others</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_hus-gaap--StatementBusinessSegmentsAxis__custom--PropertyManagementAndSubleasingMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zrYTn0UHAkGe" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Property management and subleasing</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">879,547</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_hus-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zYCi9QziIDT3" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Total of reportable segments</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,371,183</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,180,914</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_hus-gaap--StatementBusinessSegmentsAxis__us-gaap--CorporateAndOtherMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--IntersubsegmentEliminationsMember_ziA1i3ZJyqe3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Corporate and other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_zNNtcoFbGcq8" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total consolidated revenue</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">5,371,183</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,180,914</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

40911

283042

3176771

3018325

2153501

879547

5371183

4180914

5371183

4180914

<p id="xdx_893_ecustom--ScheduleOfSegmentReportingInformationByIncomeFromOperationSegmentTextBlock_z0IVYQIhYGXg" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify">Income (loss) from operations by segment for year ended March 31, 2026 and 2025 are as follows: SCHEDULE OF SEGMENT REPORTING FOR INCOME FROM OPERATION <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%; margin-left: 0.25in"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_491_20250401__20260331_zlX6w1uRgrTh" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49F_20240401__20250331_z8TBz1Zd2zZj" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Year ended March 31,</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_408_eus-gaap--OperatingIncomeLoss_hus-gaap--StatementBusinessSegmentsAxis__custom--GarmentManufacturingSegmentMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zLjccgtbfyYd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Garments manufacturing segment</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">(48,459</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">(100,715</td><td style="width: 1%; text-align: left">)</td></tr> <tr id="xdx_403_eus-gaap--OperatingIncomeLoss_hus-gaap--StatementBusinessSegmentsAxis__custom--LogisticServicesSegmentMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zesAKhKMcuY7" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Logistics services segment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">35,833</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">249,160</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--OperatingIncomeLoss_hus-gaap--StatementBusinessSegmentsAxis__custom--ConsultingMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_z0gtoDK2TDt1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Consulting</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(66,434</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--OperatingIncomeLoss_hus-gaap--StatementBusinessSegmentsAxis__custom--OthersMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_z6n4FJ3F2rI7" style="vertical-align: bottom; background-color: White"> <td>Others</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(280</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--OperatingIncomeLoss_hus-gaap--StatementBusinessSegmentsAxis__custom--PropertyManagementAndSubleasingMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zb8hyZeeiUS1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Property management and subleasing</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(954,448</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40B_eus-gaap--OperatingIncomeLoss_hus-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zxVwoAuIJtpc" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Total of reportable segments</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(79,340</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(806,003</td><td style="text-align: left">)</td></tr> <tr id="xdx_401_eus-gaap--OperatingIncomeLoss_hus-gaap--StatementBusinessSegmentsAxis__us-gaap--CorporateAndOtherMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--IntersubsegmentEliminationsMember_zvsDRoO25hcb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Corporate and other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,449,880</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,010,967</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40F_eus-gaap--OperatingIncomeLoss_zi2YKPPQtD8e" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total consolidated loss from operations</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">(1,529,220</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">(1,816,970</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table>

-48459

-100715

35833

249160

-66434

-280

-954448

-79340

-806003

-1449880

-1010967

-1529220

-1816970

Depreciation by segment for year ended March 31, 2026 and 2025 are as follows: SCHEDULE OF SEGMENT REPORTING FOR DEPRECIATION AND AMORTIZATION <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%; margin-left: 0.25in"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20250401__20260331_zXDhsvQleYJj" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49D_20240401__20250331_zPFSgl2xtRRl" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Year ended March 31,</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_409_eus-gaap--DepreciationDepletionAndAmortization_hus-gaap--StatementBusinessSegmentsAxis__custom--GarmentManufacturingSegmentMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zDsLNDWG8Dff" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Garments manufacturing segment</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">6,085</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">6,754</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--DepreciationDepletionAndAmortization_hus-gaap--StatementBusinessSegmentsAxis__custom--LogisticServicesSegmentMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zQWANZwkxefi" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Logistics services segment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">69,489</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">101,888</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--DepreciationDepletionAndAmortization_hus-gaap--StatementBusinessSegmentsAxis__custom--ConsultingMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zpLPaLNGnhEl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Consulting</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--DepreciationDepletionAndAmortization_hus-gaap--StatementBusinessSegmentsAxis__custom--OthersMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zHp51pZMgly6" style="vertical-align: bottom; background-color: White"> <td>Others</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--DepreciationDepletionAndAmortization_hus-gaap--StatementBusinessSegmentsAxis__custom--PropertyManagementAndSubleasingMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zM3WkeyeL9Ye" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Property management and subleasing</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">9,214</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--DepreciationDepletionAndAmortization_hus-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_z4TDZM5NBxBh" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Total of reportable segments</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">75,574</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">117,856</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--DepreciationDepletionAndAmortization_hus-gaap--StatementBusinessSegmentsAxis__us-gaap--CorporateAndOtherMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--IntersubsegmentEliminationsMember_zLumH1ZdsfNj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Corporate and other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,154</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,331</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--DepreciationDepletionAndAmortization_z27ml6UCXNU2" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total consolidated depreciation and amortization</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">77,728</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">119,187</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

6085

6754

69489

101888

9214

75574

117856

2154

1331

77728

119187

Financial cost by segment for year ended March 31, 2026 and 2025 are as follows: SCHEDULE OF SEGMENT REPORTING FOR FINANCIAL COST <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%; margin-left: 0.25in"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_499_20250401__20260331_zSUgVCz9HaDi" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20240401__20250331_zkVhKnPkMvx6" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Year ended March 31,</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40E_eus-gaap--InterestExpense_hus-gaap--StatementBusinessSegmentsAxis__custom--GarmentManufacturingSegmentMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_ziuwkok5QEce" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Garments manufacturing segment</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">20</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">78</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--InterestExpense_hus-gaap--StatementBusinessSegmentsAxis__custom--LogisticServicesSegmentMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zoZ4Yxj5xpI1" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Logistics services segment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">41,923</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">53,066</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--InterestExpense_hus-gaap--StatementBusinessSegmentsAxis__custom--ConsultingMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zGsIRNFBleri" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Consulting</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--InterestExpense_hus-gaap--StatementBusinessSegmentsAxis__custom--OthersMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zALLtxhQAXh6" style="vertical-align: bottom; background-color: White"> <td>Others</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--InterestExpense_hus-gaap--StatementBusinessSegmentsAxis__custom--PropertyManagementAndSubleasingMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zGC4RwWgNlJ4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Property management and subleasing</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">152</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--InterestExpense_hus-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zVYgf9B9G0xk" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Total of reportable segments</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">41,949</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">53,296</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--InterestExpense_hus-gaap--StatementBusinessSegmentsAxis__us-gaap--CorporateAndOtherMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--IntersubsegmentEliminationsMember_znzj9G2Eem5k" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Corporate and other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">572,850</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,093,547</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--InterestExpense_z6xMrAVHGFr1" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total consolidated financial cost</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">614,799</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">1,146,843</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

41923

53066

152

41949

53296

572850

1093547

614799

1146843

Total assets by segment as of March 31, 2026 and March 31, 2025 are as follows: SCHEDULE OF SEGMENT REPORTING FOR ASSETS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: justify">Total assets</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_493_20260331_zR30ghbKeeO4" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20250331_z0bVNtjB6F39" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_407_eus-gaap--Assets_iI_hus-gaap--StatementBusinessSegmentsAxis__custom--GarmentManufacturingSegmentMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zlSpauYQw0oc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Garment manufacturing segment</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">171,717</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">238,981</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--Assets_iI_hus-gaap--StatementBusinessSegmentsAxis__custom--LogisticServicesSegmentMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zYO0ZyVRS8C6" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Logistics services segment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,059,748</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,167,653</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--Assets_iI_hus-gaap--StatementBusinessSegmentsAxis__custom--ConsultingMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zA3aXnlA0RN8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Consulting</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,899,665</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--Assets_iI_hus-gaap--StatementBusinessSegmentsAxis__custom--OthersMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zXuOMmhUONAa" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Others</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">314,316</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--Assets_iI_hus-gaap--StatementBusinessSegmentsAxis__custom--PropertyManagementAndSubleasingMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_z06C7qfHK7F9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt">Property management and subleasing</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">19,855,305</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--Assets_iI_hus-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--ReportableSubsegmentsMember_zod7Zym1DHsd" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Total of reportable segments</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,445,446</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">23,261,939</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--Assets_iI_hus-gaap--StatementBusinessSegmentsAxis__us-gaap--CorporateAndOtherMember__us-gaap--SubsegmentsConsolidationItemsAxis__us-gaap--IntersubsegmentEliminationsMember_zojnN8KXmpu7" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt">Corporate and other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">23,806,651</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">25,905,398</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--Assets_iI_z8tyrnQc9U86" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: justify; padding-bottom: 2.5pt">Consolidated total assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">29,252,097</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">49,167,337</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

171717

238981

3059748

3167653

1899665

314316

19855305

5445446

23261939

23806651

25905398

29252097

49167337

The Company operates predominantly in China. In presenting information on the basis of geographical location, revenue is based on the geographical location of customers and long-lived assets are based on the geographical location of the assets. Geographic Information SCHEDULE OF GEOGRAPHICAL INFORMATION <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%; margin-left: 0.25in"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20250401__20260331_zovELyUoQZU4" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20240401__20250331_zkbI2EJ4To1h" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Year ended March 31,</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">Revenues</td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td></tr> <tr id="xdx_402_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_hsrt--StatementGeographicalAxis__country--CN_zhxIlobgLiWg" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left">Mainland China</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">3,217,682</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">4,180,914</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_hsrt--StatementGeographicalAxis__country--HK_zkc0NDErbsWa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Hong Kong</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,153,501</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_zVWRmBWKxFR3" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">5,371,183</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">4,180,914</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_zrEzj2V0i9f7" style="display: none; vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Revenues</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">5,371,183</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">4,180,914</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_490_20260331_z7UsdvXX2GGh" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20250331_zL7m5gYRqy3g" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left">Long-Lived Assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--AssetsNoncurrent_iI_hsrt--StatementGeographicalAxis__country--CN_zU321hPIYZI6" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left; padding-bottom: 2.5pt">Mainland China</td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; width: 16%; text-align: right">6,343,692</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; width: 16%; text-align: right">19,375,723</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--AssetsNoncurrent_iI_hsrt--StatementGeographicalAxis__country--CN_zxAwCBGcdIgi" style="display: none; vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Long-Lived Assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">6,343,692</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">19,375,723</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

3217682

4180914

2153501

5371183

4180914

5371183

4180914

6343692

19375723

6343692

19375723

<table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="text-align: justify; width: 0.25in">16.</td> <td style="text-align: justify">ACCRUED EXPENSES AND OTHER PAYABLES</td></tr> </table> Accrued expenses and other payables consist of the following as of March 31, 2026 and 2025: SCHEDULE OF ACCRUED EXPENSES AND OTHER PAYABLES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in; margin-right: 0.25in"> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20260331_zAyBp4rV3b53" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_491_20250331_zHimZjfLg1Ah" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_408_eus-gaap--AccruedSalariesCurrent_iI_maALCzgFr_zc6wY4IqTAGd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Accrued wages and welfare</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">85,088</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">56,479</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--OtherAccruedLiabilitiesCurrent_iI_maALCzgFr_zaZndgA8Pmui" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Accrued expenses</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">145,895</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">84,573</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--AccrualForTaxesOtherThanIncomeTaxesCurrent_iI_maALCzgFr_zeKvSNoO0B93" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Other tax payable</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,873</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">20,781</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--AccruedRentCurrent_iI_maALCzgFr_zMclX59ii9a8" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Rental payable</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">25,575</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">26,072</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--InterestPayableCurrent_iI_maALCzgFr_zEb6qWv8vG63" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Interest payable</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">33,007</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">31,426</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_ecustom--CustomersDeposits_iI_maALCzgFr_zfUZPSNfWLri" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Customers’ deposits</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">395,181</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--AccountsPayableOtherCurrent_iI_maALCzgFr_zCcv52bBXlCe" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt">Other payables</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">123,677</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,243,686</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--AccruedLiabilitiesCurrent_iTI_mtALCzgFr_zbL9pwTargg9" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Accrued expenses and other payables</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">421,115</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,858,198</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

Accrued expenses and other payables consist of the following as of March 31, 2026 and 2025: SCHEDULE OF ACCRUED EXPENSES AND OTHER PAYABLES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in; margin-right: 0.25in"> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20260331_zAyBp4rV3b53" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_491_20250331_zHimZjfLg1Ah" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_408_eus-gaap--AccruedSalariesCurrent_iI_maALCzgFr_zc6wY4IqTAGd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Accrued wages and welfare</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">85,088</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">56,479</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--OtherAccruedLiabilitiesCurrent_iI_maALCzgFr_zaZndgA8Pmui" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Accrued expenses</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">145,895</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">84,573</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--AccrualForTaxesOtherThanIncomeTaxesCurrent_iI_maALCzgFr_zeKvSNoO0B93" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Other tax payable</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,873</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">20,781</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--AccruedRentCurrent_iI_maALCzgFr_zMclX59ii9a8" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Rental payable</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">25,575</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">26,072</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--InterestPayableCurrent_iI_maALCzgFr_zEb6qWv8vG63" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Interest payable</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">33,007</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">31,426</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_ecustom--CustomersDeposits_iI_maALCzgFr_zfUZPSNfWLri" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Customers’ deposits</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">395,181</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--AccountsPayableOtherCurrent_iI_maALCzgFr_zCcv52bBXlCe" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt">Other payables</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">123,677</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,243,686</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--AccruedLiabilitiesCurrent_iTI_mtALCzgFr_zbL9pwTargg9" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Accrued expenses and other payables</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">421,115</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,858,198</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

85088

56479

145895

84573

7873

20781

25575

26072

33007

31426

395181

123677

1243686

421115

1858198

17. FINANCIAL INSTRUMENTS On January 4, 2023, the Company entered into a series of agreements with certain accredited investors, pursuant to which the Company received a net proceed of $15,000,000 in consideration of the issuance of: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 24px; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 24px; text-align: justify">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">senior secured convertible notes in the aggregate original principal amount of approximately $16.7 million with interest rate of 5% per annum (the “Convertible Notes”); The Convertible Notes shall be matured on July 4, 2024. The conversion price is $1.25, subject to adjustment under several conditions.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">warrants to purchase up to approximately 16.1 million shares of common stock of the Company (the “Common Stock”) until on or prior to 11:59 p.m. (New York time) on the five-year anniversary of the closing date at an exercise price of $1.25 per share, also subject to adjustment under several conditions.</td></tr> </table> The Warrant is considered a freestanding instrument issued together with the Convertible Note and measured at its issuance date fair value. Proceeds received were first allocated to the Warrant based on its initial fair value. The initial fair value of the Warrant was $3.9 million. The Warrant were marked to the market with the changes in the fair value of warrant recorded in the consolidated statements of operations and comprehensive loss. As of March 31, 2026, the balance of the Warrant was approximately $4.1 million. (March 31, 2025: $1.0 million) The Convertible Note is classified as a liability and is subsequently stated at amortized cost with any difference between the initial carrying value and the repayment amount as interest expenses using the effective interest method over the period from the issuance date to the maturity date. The embedded conversion feature is bifurcated and separately accounted for using fair value, as this embedded feature is considered not clearly and closely related to the debt host. The bifurcated conversion feature was recorded at fair value with the changes recorded in the consolidated statements of operations and comprehensive loss. The initial fair value of the embedded conversion feature was $1.2 million. As of March 31, 2026, the fair value of the conversion option was $Nil (March 31, 2025: $1.4 million). The Company determined that the other embedded features do not require bifurcation as they either are clearly and closely related to the Convertible Note or do not meet the definition of a derivative. The total proceeds of the Convertible Note and the Warrants, net of issuance cost, of $15.0 million was received by the Company in January 2023, and allocated to each of the financial instruments as following: SCHEDULE OF FINANCIAL INSTRUMENTS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">As of January 4, 2023</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 80%; text-align: left">Derivative liabilities – Fair value of the Warrants</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--FairValueAdjustmentOfWarrants_c20230104__20230104__us-gaap--FinancialInstrumentAxis__us-gaap--DerivativeMember_z4S6rmvanJvb" style="width: 16%; text-align: right" title="Derivative liabilities - Fair value of the Warrants">3,858,521</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Derivative liabilities – Embedded conversion feature</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--DebtInstrumentConvertibleBeneficialConversionFeature_c20230104__20230104__us-gaap--FinancialInstrumentAxis__us-gaap--DerivativeMember_zDcb7mY5Chjf" style="text-align: right" title="Derivative liabilities - Embedded conversion feature">1,247,500</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Convertible Note</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_eus-gaap--ConvertibleDebt_iI_c20230104__us-gaap--FinancialInstrumentAxis__us-gaap--DerivativeMember_zjLSm5s8RGSg" style="border-bottom: Black 1pt solid; text-align: right" title="Convertible Note">9,893,979</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--ProceedsFromConvertibleDebt_c20230104__20230104__us-gaap--FinancialInstrumentAxis__us-gaap--DerivativeMember_ztzYb0euZUj1" style="border-bottom: Black 2.5pt double; text-align: right" title="Total">15,000,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> In January 2023, the Company also granted the placement agent a warrant as partial of agent fee to purchase 0.7 million shares of common stock of the Company. The warrant is matured in five years with an exercise price of $1.25 subject to adjustments under different conditions. The warrant was recognized as derivative liability and the initial fair value was $0.168 million. The movement of the Company’s convertible notes obligations were as the following for the year ended March 31, 2026 and 2025: SCHEDULE OF CONVERTIBLE NOTES OBLIGATION <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_491_20250401__20260331_z5P9Mc6pm6Jg" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49B_20240401__20250331_zC7c2nH50fJg" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Year ended March 31,</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_407_eus-gaap--DebtInstrumentCarryingAmount_iS_zd4HeKUTg6x6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Carrying value – beginning balance</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">2,900,160</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">2,684,697</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--DebtConversionConvertedInstrumentAmount1_iN_di_zadkMJ2CtpSe" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Converted to Common Stock</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(3,054,240</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(82,642</td><td style="text-align: left">)</td></tr> <tr id="xdx_40E_ecustom--DebtConversionConvertedInstrumentRedemptionAmount1_iN_di_ziclXpo8LjU5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Redemption</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(400,756</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(544,706</td><td style="text-align: left">)</td></tr> <tr id="xdx_402_eus-gaap--AmortizationOfDebtDiscountPremium_z2bT9GhJiN62" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Amortization of debt discount</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">484,732</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">823,058</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_ecustom--DeferredDebtDiscountAndCostOfIssuance_zsvFBemgDj1f" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Deferred debt discount and cost of issuance</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(250,061</td><td style="text-align: left">)</td></tr> <tr id="xdx_402_eus-gaap--InterestExpenseDebt_zulf51J63zW" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Interest charge</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">70,104</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">269,814</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Carrying value – ending balance</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--DebtInstrumentCarryingAmount_iE_dxL_c20250401__20260331_zQU2b4gE1Hlf" style="border-bottom: Black 2.5pt double; text-align: right" title="Carrying value - ending balance::XDX::-">Nil</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--DebtInstrumentCarryingAmount_iE_c20240401__20250331_zArqBj6ZOyK1" style="border-bottom: Black 2.5pt double; text-align: right" title="Carrying value - ending balance">2,900,160</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> On July 13, 2023, the Company entered into a Waiver and Ratification Agreement with one of the holders of the Convertible Note. According to the agreement, the holder redeemed the full amount of $7.5 million for the Convertible Note and irrevocably waives any past, present or future claims, rights and obligations under the Convertible Note. On July 3, 2024, the Company and the investor to the outstanding Note entered into an amendment to the Note, whereby the Note’s maturity date has been extended to July 4, 2025. No other provision of the Note was amended and the Note continues in full force and effect. During the year ended March 31 2026 and 2025, approximately $3.1 million and $82,642 of the convertible notes was converted into approximately 5.7 million and 132,994 Common Stock, with average effective conversion price of $0.5327 and $0.6214 per share, respectively. As at March 31, 2026, the Convertible Note was fully redeemed or converted. The Company’s derivative liabilities were as the following for the year ended March 31, 2026 and 2025: SCHEDULE OF DERIVATIVE LIABILITIES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_491_20250401__20260331_zEXQmgmU6rV7" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_494_20240401__20250331_zjpqegQCW8se" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Year ended March 31,</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; text-align: left">Derivative liabilities –Warrants</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_402_ecustom--DerivativeLiabilitiesWarrants_iS_hus-gaap--DerivativeInstrumentRiskAxis__us-gaap--WarrantMember_zFYgs4u36gW1" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left">Beginning balance</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">989,852</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">251,657</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40D_ecustom--DerivativeLiabilitiesMarkedToMarket_hus-gaap--DerivativeInstrumentRiskAxis__us-gaap--WarrantMember_zFQEEyYA8xmg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Marked to the market</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">3,511,210</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">738,195</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_407_ecustom--DerivativeLiabilitiesWarrants_iE_hus-gaap--DerivativeInstrumentRiskAxis__us-gaap--WarrantMember_zFX0u45QhZ52" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Ending fair value</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,501,062</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">989,852</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-decoration: underline; text-align: left">Derivative liabilities – Embedded conversion feature</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability_iS_hus-gaap--DerivativeInstrumentRiskAxis__us-gaap--EmbeddedDerivativeFinancialInstrumentsMember_z7I7BRabvMH" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Beginning balance</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,782,498</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">36,298</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--DerivativeLiabilitiesConvertedToOrdinaryShares_hus-gaap--DerivativeInstrumentRiskAxis__us-gaap--EmbeddedDerivativeFinancialInstrumentsMember_z5aP1ABloOJk" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Converted to Common Stock</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,589,352</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,330</td><td style="text-align: left">)</td></tr> <tr id="xdx_408_ecustom--DerivativeLiabilitiesRemeasurementOnChangeOfConvertiblePrice_hus-gaap--DerivativeInstrumentRiskAxis__us-gaap--EmbeddedDerivativeFinancialInstrumentsMember_zxirxFuPg8B4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Remeasurement on change of convertible price</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">17,625</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">248,217</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_ecustom--EmbeddedConversionFeatureValueRedemption_hus-gaap--DerivativeInstrumentRiskAxis__us-gaap--EmbeddedDerivativeFinancialInstrumentsMember_zURxSDak0HG7" style="vertical-align: bottom; background-color: White"> <td>Redemption</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(8,979</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(103,786</td><td style="text-align: left">)</td></tr> <tr id="xdx_40E_ecustom--EmbeddedConversionFeatureValueMarkedToMarket_hus-gaap--DerivativeInstrumentRiskAxis__us-gaap--EmbeddedDerivativeFinancialInstrumentsMember_zbQfVhbXITmi" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Marked to the market</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(201,792</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,603,098</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability_iE_hus-gaap--DerivativeInstrumentRiskAxis__us-gaap--EmbeddedDerivativeFinancialInstrumentsMember_zg1wrSzQmQ5l" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Ending fair value</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">Nil</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,782,498</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--DerivativeFairValueOfDerivativeNet_iE_zUdeZ4sK71Z1" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Total Derivative fair value at end of period</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,501,062</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,772,350</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

15000000

16700000

0.05

2024-07-04

1.25

16100000

1.25

3900000

4100000

1000000.0

1200000

1400000

15000000.0

SCHEDULE OF FINANCIAL INSTRUMENTS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">As of January 4, 2023</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 80%; text-align: left">Derivative liabilities – Fair value of the Warrants</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--FairValueAdjustmentOfWarrants_c20230104__20230104__us-gaap--FinancialInstrumentAxis__us-gaap--DerivativeMember_z4S6rmvanJvb" style="width: 16%; text-align: right" title="Derivative liabilities - Fair value of the Warrants">3,858,521</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Derivative liabilities – Embedded conversion feature</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--DebtInstrumentConvertibleBeneficialConversionFeature_c20230104__20230104__us-gaap--FinancialInstrumentAxis__us-gaap--DerivativeMember_zDcb7mY5Chjf" style="text-align: right" title="Derivative liabilities - Embedded conversion feature">1,247,500</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Convertible Note</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_eus-gaap--ConvertibleDebt_iI_c20230104__us-gaap--FinancialInstrumentAxis__us-gaap--DerivativeMember_zjLSm5s8RGSg" style="border-bottom: Black 1pt solid; text-align: right" title="Convertible Note">9,893,979</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--ProceedsFromConvertibleDebt_c20230104__20230104__us-gaap--FinancialInstrumentAxis__us-gaap--DerivativeMember_ztzYb0euZUj1" style="border-bottom: Black 2.5pt double; text-align: right" title="Total">15,000,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

3858521

1247500

9893979

15000000

700000

P5Y

1.25

168000

The movement of the Company’s convertible notes obligations were as the following for the year ended March 31, 2026 and 2025: SCHEDULE OF CONVERTIBLE NOTES OBLIGATION <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_491_20250401__20260331_z5P9Mc6pm6Jg" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49B_20240401__20250331_zC7c2nH50fJg" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Year ended March 31,</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_407_eus-gaap--DebtInstrumentCarryingAmount_iS_zd4HeKUTg6x6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Carrying value – beginning balance</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">2,900,160</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">2,684,697</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--DebtConversionConvertedInstrumentAmount1_iN_di_zadkMJ2CtpSe" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Converted to Common Stock</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(3,054,240</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(82,642</td><td style="text-align: left">)</td></tr> <tr id="xdx_40E_ecustom--DebtConversionConvertedInstrumentRedemptionAmount1_iN_di_ziclXpo8LjU5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Redemption</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(400,756</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(544,706</td><td style="text-align: left">)</td></tr> <tr id="xdx_402_eus-gaap--AmortizationOfDebtDiscountPremium_z2bT9GhJiN62" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Amortization of debt discount</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">484,732</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">823,058</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_ecustom--DeferredDebtDiscountAndCostOfIssuance_zsvFBemgDj1f" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Deferred debt discount and cost of issuance</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(250,061</td><td style="text-align: left">)</td></tr> <tr id="xdx_402_eus-gaap--InterestExpenseDebt_zulf51J63zW" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Interest charge</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">70,104</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">269,814</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Carrying value – ending balance</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--DebtInstrumentCarryingAmount_iE_dxL_c20250401__20260331_zQU2b4gE1Hlf" style="border-bottom: Black 2.5pt double; text-align: right" title="Carrying value - ending balance::XDX::-">Nil</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--DebtInstrumentCarryingAmount_iE_c20240401__20250331_zArqBj6ZOyK1" style="border-bottom: Black 2.5pt double; text-align: right" title="Carrying value - ending balance">2,900,160</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

2900160

2684697

3054240

82642

400756 544706

484732

823058

-250061

70104

269814

2900160

7500000

3100000

82642

5700000

132994

0.5327 0.6214

The Company’s derivative liabilities were as the following for the year ended March 31, 2026 and 2025: SCHEDULE OF DERIVATIVE LIABILITIES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_491_20250401__20260331_zEXQmgmU6rV7" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_494_20240401__20250331_zjpqegQCW8se" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Year ended March 31,</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; text-align: left">Derivative liabilities –Warrants</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_402_ecustom--DerivativeLiabilitiesWarrants_iS_hus-gaap--DerivativeInstrumentRiskAxis__us-gaap--WarrantMember_zFYgs4u36gW1" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left">Beginning balance</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">989,852</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">251,657</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40D_ecustom--DerivativeLiabilitiesMarkedToMarket_hus-gaap--DerivativeInstrumentRiskAxis__us-gaap--WarrantMember_zFQEEyYA8xmg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Marked to the market</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">3,511,210</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">738,195</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_407_ecustom--DerivativeLiabilitiesWarrants_iE_hus-gaap--DerivativeInstrumentRiskAxis__us-gaap--WarrantMember_zFX0u45QhZ52" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Ending fair value</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,501,062</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">989,852</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-decoration: underline; text-align: left">Derivative liabilities – Embedded conversion feature</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability_iS_hus-gaap--DerivativeInstrumentRiskAxis__us-gaap--EmbeddedDerivativeFinancialInstrumentsMember_z7I7BRabvMH" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Beginning balance</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,782,498</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">36,298</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--DerivativeLiabilitiesConvertedToOrdinaryShares_hus-gaap--DerivativeInstrumentRiskAxis__us-gaap--EmbeddedDerivativeFinancialInstrumentsMember_z5aP1ABloOJk" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Converted to Common Stock</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,589,352</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,330</td><td style="text-align: left">)</td></tr> <tr id="xdx_408_ecustom--DerivativeLiabilitiesRemeasurementOnChangeOfConvertiblePrice_hus-gaap--DerivativeInstrumentRiskAxis__us-gaap--EmbeddedDerivativeFinancialInstrumentsMember_zxirxFuPg8B4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Remeasurement on change of convertible price</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">17,625</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">248,217</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_ecustom--EmbeddedConversionFeatureValueRedemption_hus-gaap--DerivativeInstrumentRiskAxis__us-gaap--EmbeddedDerivativeFinancialInstrumentsMember_zURxSDak0HG7" style="vertical-align: bottom; background-color: White"> <td>Redemption</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(8,979</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(103,786</td><td style="text-align: left">)</td></tr> <tr id="xdx_40E_ecustom--EmbeddedConversionFeatureValueMarkedToMarket_hus-gaap--DerivativeInstrumentRiskAxis__us-gaap--EmbeddedDerivativeFinancialInstrumentsMember_zbQfVhbXITmi" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Marked to the market</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(201,792</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,603,098</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability_iE_hus-gaap--DerivativeInstrumentRiskAxis__us-gaap--EmbeddedDerivativeFinancialInstrumentsMember_zg1wrSzQmQ5l" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Ending fair value</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">Nil</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,782,498</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--DerivativeFairValueOfDerivativeNet_iE_zUdeZ4sK71Z1" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Total Derivative fair value at end of period</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,501,062</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,772,350</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

989852 251657 3511210 738195 4501062 989852

1782498

36298

-1589352 -1330 17625 248217 -8979 -103786 -201792 1603098

1782498

4501062

2772350

<table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="text-align: justify; width: 0.25in">18.</td> <td style="text-align: justify">LEASES</td></tr> </table> As a lessee Right-of-use asset and lease liabilities The Company implemented ASC 842, Leases, on April 1, 2019 using the modified retrospective approach and did not restate comparative periods. Under ASC 842, lease liabilities are recognized at the present value of future lease payments, with a corresponding right-of-use asset recognized for leases other than short-term leases. A single lease cost is recognized over the lease term on a generally straight-line basis. Cash payments for operating leases are classified as operating activities in the consolidated statements of cash flows. Prior to the disposal of HX on July 1, 2025, the Company leased its head office, plant, and dormitory under operating lease arrangements. The Company also leased several floors in a commercial building for its subleasing and property management services business. Certain leases included options to extend the lease term. The following table summarizes the components of lease expense: SCHEDULE OF LEASE EXPENSES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49E_20250401__20260331_zQiqhBC8GuLg" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20240401__20250331_zFD0S2pfDr46" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td></tr> <tr id="xdx_402_eus-gaap--OperatingLeaseCost_maLCzWSW_zFVVD2YN4fSj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Operating lease cost</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">339,428</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">993,600</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--ShortTermLeaseCost_maLCzWSW_zRld1VJOp6e4" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Short-term lease cost</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">126,419</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">131,520</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--LeaseCost_iT_mtLCzWSW_z5CQkeD6mr75" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Lease Cost</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">465,847</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">1,125,120</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> The following table summarizes supplemental information related to leases: SCHEDULE OF SUPPLEMENTAL INFORMATION RELATED TO LEASES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_490_20250401__20260331_zl1jbVFIKNN2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20240401__20250331_z1mOAr0E0Fd1" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Cash paid for amounts included in the measurement of lease liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--OperatingLeasePayments_zUB3zC3EXSTb" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left">Operating cash flow used in operating leases</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">465,847</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">1,125,120</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_404_ecustom--RightOfUseAssetObtainedInExchangeForOperatingLeasesLiability_zH9D3I6fzhK8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Right-of-use assets obtained in exchange for new operating leases liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Weighted average remaining lease term - Operating leases (years)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">13.5</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Weighted average discount rate - Operating leases</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4.90</td><td style="text-align: left">%</td></tr> </table> As a result of the disposal of HX on July 1, 2025, the Company had no operating lease liabilities as of March 31, 2026. As a lessor Prior to the disposal of HX on July 1, 2025, the Company subleased its leased commercial building to third-party garment wholesalers and retailers under operating lease arrangements. These leases were negotiated for terms ranging from one to five years and generally included provisions for annual rental adjustments based on prevailing market conditions. Rental income from subleasing is disclosed in Note 15, Segment Data. Following the disposal of HX on July 1, 2025, the Company no longer generates rental income from subleasing activities.

The following table summarizes the components of lease expense: SCHEDULE OF LEASE EXPENSES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49E_20250401__20260331_zQiqhBC8GuLg" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20240401__20250331_zFD0S2pfDr46" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td></tr> <tr id="xdx_402_eus-gaap--OperatingLeaseCost_maLCzWSW_zFVVD2YN4fSj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Operating lease cost</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">339,428</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">993,600</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--ShortTermLeaseCost_maLCzWSW_zRld1VJOp6e4" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Short-term lease cost</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">126,419</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">131,520</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--LeaseCost_iT_mtLCzWSW_z5CQkeD6mr75" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Lease Cost</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">465,847</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">1,125,120</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

339428

993600

126419

131520

465847

1125120

The following table summarizes supplemental information related to leases: SCHEDULE OF SUPPLEMENTAL INFORMATION RELATED TO LEASES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 96%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_490_20250401__20260331_zl1jbVFIKNN2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20240401__20250331_z1mOAr0E0Fd1" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Cash paid for amounts included in the measurement of lease liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--OperatingLeasePayments_zUB3zC3EXSTb" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left">Operating cash flow used in operating leases</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">465,847</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">1,125,120</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_404_ecustom--RightOfUseAssetObtainedInExchangeForOperatingLeasesLiability_zH9D3I6fzhK8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Right-of-use assets obtained in exchange for new operating leases liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Weighted average remaining lease term - Operating leases (years)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">13.5</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Weighted average discount rate - Operating leases</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4.90</td><td style="text-align: left">%</td></tr> </table>

465847

1125120

P13Y6M

0.0490

<table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="text-align: justify; width: 0.25in">19.</td> <td style="text-align: justify">SHARE CAPITAL AND RESERVE</td></tr> </table> Common Stock In August 2022, the Company completed its IPO and 5,000,000 Common Stock were issued and sold to the public, with proceeds of approximately $20.2 million, net of underwriter commissions and relevant offering expenses. In September, 2022, 391,666 shares were issued upon cashless exercise of Underwriter Warrants. On February 3, 2023, 3,370,000 shares were issued as pre-delivery shares to the placement agents. In January 2023, the Company increased its authorized share capital to 250,000,000 shares of common stock with a par value of $0.001 per share. On June 26, 2023, the Company effected a 1-for-10 reverse stock split of its outstanding common stock. As a result, the number of issued and outstanding shares was reduced by 33,655,839 shares. Following the reverse stock split, the Company issued 1,644,188 shares of common stock with a par value of $0.001 per share. On April 29, 2024, the Company entered into two Private Placement Agreements (the “Agreement”) with certain individual investors (the “Investors”) who are independent third parties, pursuant to which the Company issued to each of the investors <span id="xdx_906_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20240429__20240429__us-gaap--TypeOfArrangementAxis__custom--PrivatePlacementAgreementsMember__srt--TitleOfIndividualAxis__us-gaap--InvestorMember__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zPA4FaEvG099" title="Shares issued">330,000 shares of its common stock, par value $<span id="xdx_906_eus-gaap--CommonStockParOrStatedValuePerShare_iI_pid_c20240429__us-gaap--TypeOfArrangementAxis__custom--PrivatePlacementAgreementsMember__srt--TitleOfIndividualAxis__us-gaap--InvestorMember__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zG3Aq29DicCa" title="Common stock, par value">0.001 per share, at a price of $<span id="xdx_906_eus-gaap--SharePrice_iI_pid_c20240429__us-gaap--TypeOfArrangementAxis__custom--PrivatePlacementAgreementsMember__srt--TitleOfIndividualAxis__us-gaap--InvestorMember__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zzZx8VzdqX9e" title="Shares issued, price per share">0.98 per share (the “Common Stock”), resulting in aggregate gross proceeds to the Company of $<span id="xdx_906_eus-gaap--ProceedsFromIssuanceOfCommonStock_c20240429__20240429__us-gaap--TypeOfArrangementAxis__custom--PrivatePlacementAgreementsMember__srt--TitleOfIndividualAxis__us-gaap--InvestorMember__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zyxGZxYIJom7" title="Gross proceeds from issuance of common stock">646,800, which closed on the same day. Pursuant to the Agreement, the Company issued an aggregate of <span id="xdx_900_eus-gaap--StockIssuedDuringPeriodSharesOther_c20240429__20240429__us-gaap--TypeOfArrangementAxis__custom--PrivatePlacementAgreementsMember__srt--TitleOfIndividualAxis__us-gaap--InvestorMember__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zgqjMRvpPAub" title="Number of shares issued">660,000 unregistered shares of common stock to the Investors. On August 11, 2025, the Company issued and granted 161,665 shares of Common Stock to directors and executive officers pursuant to the Company’s 2024 Equity Incentive Plan. These incentive shares vested immediately. The stock-based compensation expense recognized in connection with these shares was $70,001. On March 30, 2026, the Company effected a reverse stock split of its outstanding shares of common stock at a ratio of one-for-fifteen. As a result of the reverse stock split, every fifteen shares of common stock outstanding immediately prior to the effective time were reclassified and combined into one share of common stock, without any change in the par value of $0.001 per share or the total number of authorized shares. No fractional shares were issued in connection with the reverse stock split, and stockholders who would otherwise have been entitled to receive a fractional share received one whole share of common stock in lieu of such fractional share. In accordance with ASC 260-10-55-12, all share and per share amounts for all periods presented in the accompanying consolidated financial statements, including the consolidated statements of changes in stockholders’ equity, have been retroactively adjusted to reflect the reverse stock split for comparative purposes. Specifically, the number of shares of common stock outstanding at the beginning and end of each period, as well as all share issuances and repurchases occurring during the periods presented in the prior year’s statement of changes in stockholders’ equity, have been restated to reflect the reduced number of shares outstanding as if the reverse stock split had occurred at the beginning of the earliest period presented. All share counts, weighted-average shares outstanding, basic and diluted net loss per share, share-based awards, warrants, convertible preferred stock conversion amounts and other share-related information for all periods presented in these consolidated financial statements have been retrospectively adjusted to reflect the reverse stock split and to maintain period-to-period comparability. The reverse stock split did not affect the Company’s total stockholders’ equity. There were 781,256 and 402,918 shares of common stock issued and outstanding as of March 31, 2026 and 2025, respectively, after giving retrospective effect to the reverse stock split. Statutory reserve In accordance with the relevant laws and regulations of the PRC, the subsidiary of the Company established in the PRC is required to transfer 10% of its profit after taxation prepared in accordance with the accounting regulations of the PRC to the statutory reserve until the reserve balance reaches 50% of the subsidiary’s paid-up capital. Such reserve may be used to offset accumulated losses or increase the registered capital of the subsidiary, subject to the approval from the PRC authorities, and are not available for dividend distribution to the shareholders. The amount appropriated to statutory reserve for the years ended March 31, 2026 and 2025 were $Nil and $402, respectively. The balance of paid-up statutory reserve was $37,422 as of both March 31, 2026 and 2025.

5000000

20200000

391666

3370000

250000000

0.001

33655839

1644188

0.001

330000

0.001

0.98

646800

660000

161665

70001

0.001

781256

402918

In accordance with the relevant laws and regulations of the PRC, the subsidiary of the Company established in the PRC is required to transfer 10% of its profit after taxation prepared in accordance with the accounting regulations of the PRC to the statutory reserve until the reserve balance reaches 50% of the subsidiary’s paid-up capital. Such reserve may be used to offset accumulated losses or increase the registered capital of the subsidiary, subject to the approval from the PRC authorities, and are not available for dividend distribution to the shareholders 402 37422 37422

<table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="text-align: justify; width: 0.25in">20.</td> <td style="text-align: justify">OTHER INCOME (EXPENSES), NET</td></tr> </table> SCHEDULE OF OTHER INCOME NET <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_494_20250401__20260331_zAbyZ2HORzAj" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_490_20240401__20250331_zlUjZ5YMuDZb" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td></tr> <tr id="xdx_40A_eus-gaap--InvestmentIncomeNet_maONIEzThq_zUe7nDoeAh9b" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: justify">Investment income</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">495,192</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">437,500</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--GainsLossesOnExtinguishmentOfDebt_maONIEzThq_zURabzR8lUd3" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Gain/(Loss) on debts extinguishment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8,979</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">62,200</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--GainLossOnSaleOfPropertyPlantEquipment_maONIEzThq_zxJjJhxQDLN8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Loss on disposal of PPA</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">23,586</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(73,236</td><td style="text-align: left">)</td></tr> <tr id="xdx_405_eus-gaap--GainOrLossOnSaleOfStockInSubsidiary_maONIEzThq_zBhdM1XMOmJf" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Loss on disposal of subsidiary</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(12,358</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(334,135</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_406_ecustom--PenaltyIncomeFromCustomersDefaults_maONIEzThq_zuV3mjZUerx" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Penalty income from customers’ defaults</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">113,275</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--SubsidyFromGovernment_maONIEzThq_zcRX1HSc11o7" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Subsidy from government</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,071</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,023</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--OtherIncome_maONIEzThq_zeFzM1SmCu2l" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,897</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,764</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--OtherNonoperatingIncomeExpense_iT_mtONIEzThq_z0E7xTqbYnOd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Other income, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">519,367</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">212,391</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

SCHEDULE OF OTHER INCOME NET <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_494_20250401__20260331_zAbyZ2HORzAj" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_490_20240401__20250331_zlUjZ5YMuDZb" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td></tr> <tr id="xdx_40A_eus-gaap--InvestmentIncomeNet_maONIEzThq_zUe7nDoeAh9b" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: justify">Investment income</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">495,192</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">437,500</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--GainsLossesOnExtinguishmentOfDebt_maONIEzThq_zURabzR8lUd3" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Gain/(Loss) on debts extinguishment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8,979</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">62,200</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--GainLossOnSaleOfPropertyPlantEquipment_maONIEzThq_zxJjJhxQDLN8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Loss on disposal of PPA</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">23,586</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(73,236</td><td style="text-align: left">)</td></tr> <tr id="xdx_405_eus-gaap--GainOrLossOnSaleOfStockInSubsidiary_maONIEzThq_zBhdM1XMOmJf" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Loss on disposal of subsidiary</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(12,358</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(334,135</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_406_ecustom--PenaltyIncomeFromCustomersDefaults_maONIEzThq_zuV3mjZUerx" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Penalty income from customers’ defaults</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">113,275</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--SubsidyFromGovernment_maONIEzThq_zcRX1HSc11o7" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Subsidy from government</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,071</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,023</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--OtherIncome_maONIEzThq_zeFzM1SmCu2l" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,897</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,764</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--OtherNonoperatingIncomeExpense_iT_mtONIEzThq_z0E7xTqbYnOd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Other income, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">519,367</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">212,391</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

495192

437500

8979

62200

23586

-73236

-12358

-334135

113275 1071 5023

2897

1764

519367

212391

<table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="text-align: justify; width: 0.25in">21.</td> <td style="text-align: justify">RISKS AND UNCERTAINTIES</td></tr> </table> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(a)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Economic and Political Risks</td></tr> </table> The Company’s operations are conducted in the PRC. Accordingly, the Company’s business, financial condition and results of operations may be influenced by the political, economic and legal environment in the PRC, and by the general state of the PRC economy. The Company’s operations in the PRC are subject to special considerations and significant risks not typically associated with companies in North America and Western Europe. These include risks associated with, among others, the political, economic and legal environment and foreign currency exchange. The Company’s results may be adversely affected by changes in the political and social conditions in the PRC, and by changes in governmental policies with respect to laws and regulations, anti-inflationary measures, currency conversion, remittances abroad, and rates and methods of taxation. <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(b)</td> <td style="font: 10pt Times New Roman, Times, Serif">Foreign Currency Translation</td></tr> </table> The Company’s reporting currency is the U.S. dollar. The functional currency of the parent company is the U.S. dollar and the functional currency of the Company’s operating subsidiaries is the Chinese Renminbi (“RMB”). For the subsidiaries whose functional currencies are the RMB, all assets and liabilities are translated at exchange rates at the balance sheet date, which are 6.91 and 7.26 at March 31, 2026 and March 31, 2025, respectively. Revenue and expenses are translated at the average yearly exchange rates, which are 7.10 and 7.22 for the two years ended March 31, 2026 and 2025, respectively. The equity is translated at historical exchange rates. Any translation adjustments resulting are not included in determining net income but are included in foreign exchange adjustments to other comprehensive loss, a component of equity. <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(c)</td> <td style="font: 10pt Times New Roman, Times, Serif">Concentration Risks</td></tr> </table> The following are the percentages of accounts receivable balance of the top five customers over accounts receivable for each segment as of March 31, 2026 and 2025. Garment manufacturing segment SCHEDULE OF CONCENTRATION RISKS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Customer A</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_986_eus-gaap--ConcentrationRiskPercentage1_pid_dp_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerAMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--GarmentManufacturingSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zMERRQGiWyEj" style="width: 14%; text-align: right" title="Concentration risk, percentage">100.0</td><td style="width: 1%; text-align: left">%</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98C_eus-gaap--ConcentrationRiskPercentage1_pid_dp_c20240401__20250331__srt--MajorCustomersAxis__custom--CustomerAMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--GarmentManufacturingSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zIwkZ8PPK5Nd" style="width: 14%; text-align: right" title="Concentration risk, percentage">100.0</td><td style="width: 1%; text-align: left">%</td></tr> </table> The high concentration as of March 31, 2026 was mainly due to business development of a large distributor of garments. Logistics services segment <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Customer A</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_985_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerAMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--LogisticsServicesSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zva7EbwR5xf9" style="width: 14%; text-align: right" title="Percentage of risk">23.4</td><td style="width: 1%; text-align: left">%</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_981_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20240401__20250331__srt--MajorCustomersAxis__custom--CustomerAMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--LogisticsServicesSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zGp1nW92LCG4" style="width: 14%; text-align: right" title="Percentage of risk">20.2</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Customer B</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerBMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--LogisticsServicesSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zsNr5T5FhtK5" style="text-align: right" title="Percentage of risk">23.1</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20240401__20250331__srt--MajorCustomersAxis__custom--CustomerBMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--LogisticsServicesSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zROBq2eFjQCj" style="text-align: right" title="Percentage of risk">17.6</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Customer C</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerCMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--LogisticsServicesSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zBJDmvXQPVP4" style="text-align: right" title="Percentage of risk">6.6</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20240401__20250331__srt--MajorCustomersAxis__custom--CustomerCMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--LogisticsServicesSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zxOZUVEvVewe" style="text-align: right" title="Percentage of risk">3.4</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Customer D</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerDMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--LogisticsServicesSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zju6nf6R34fi" style="text-align: right" title="Percentage of risk">6.0</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20240401__20250331__srt--MajorCustomersAxis__custom--CustomerDMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--LogisticsServicesSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zke7geTGWuTb" style="text-align: right" title="Percentage of risk">5.4</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Customer E</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerEMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--LogisticsServicesSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zqbkaqpfvuec" style="text-align: right" title="Concentration risk, percentage">5.9</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20240401__20250331__srt--MajorCustomersAxis__custom--CustomerEMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--LogisticsServicesSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zmRMtP6x2ysg" style="text-align: right" title="Concentration risk, percentage">5.9</td><td style="text-align: left">%</td></tr> </table> Consulting services segment <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="font-size: 10pt"> </td><td style="font-size: 10pt; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-size: 10pt; text-align: center">March 31, 2026</td><td style="padding-bottom: 1pt; font-size: 10pt"> </td><td style="font-size: 10pt; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-size: 10pt; text-align: center">March 31, 2025</td><td style="padding-bottom: 1pt; font-size: 10pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; font-size: 10pt; text-align: left">Customer A</td><td style="width: 2%; font-size: 10pt"> </td> <td style="width: 1%; font-size: 10pt; text-align: left"> </td><td id="xdx_986_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerAMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--ConsultingServicesSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zB1284zhbXn9" style="width: 14%; font-size: 10pt; text-align: right" title="Percentage of risk">98.5</td><td style="width: 1%; font-size: 10pt; text-align: left">%</td><td style="width: 2%; font-size: 10pt"> </td> <td style="width: 1%; font-size: 10pt; text-align: left"> </td><td style="width: 14%; font-size: 10pt; text-align: right">-</td><td style="width: 1%; font-size: 10pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-size: 10pt; text-align: left">Customer B</td><td style="font-size: 10pt"> </td> <td style="font-size: 10pt; text-align: left"> </td><td id="xdx_98B_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerBMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--ConsultingServicesSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_z21FXL1vrYya" style="font-size: 10pt; text-align: right" title="Percentage of risk">1.1</td><td style="font-size: 10pt; text-align: left">%</td><td style="font-size: 10pt"> </td> <td style="font-size: 10pt; text-align: left"> </td><td style="font-size: 10pt; text-align: right">-</td><td style="font-size: 10pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-size: 10pt; text-align: left">Customer C</td><td style="font-size: 10pt"> </td> <td style="font-size: 10pt; text-align: left"> </td><td id="xdx_98E_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerCMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--ConsultingServicesSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_ztWnemY0zkd7" style="font-size: 10pt; text-align: right" title="Percentage of risk">0.4</td><td style="font-size: 10pt; text-align: left">%</td><td style="font-size: 10pt"> </td> <td style="font-size: 10pt; text-align: left"> </td><td style="font-size: 10pt; text-align: right">-</td><td style="font-size: 10pt; text-align: left"> </td></tr> </table> The Company did not generate consulting service revenue during the year ended March 31, 2025 and had no accounts receivable for the consulting service segment as of March 31, 2025. Property management and subleasing There was no account receivable for Property management and subleasing segment as of March 31, 2026 and 2025. Concentration on customers For the year ended March 31, 2026, four customers accounted for more than 10% of total consolidated revenue of the Company, representing approximately <span id="xdx_908_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20260331__srt--MajorCustomersAxis__custom--OneCustomersMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zcLyTOIkyVlg" title="Concentration risk, percentage">21.0%, <span id="xdx_90F_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20260331__srt--MajorCustomersAxis__custom--TwoCustomersMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zkNqmO8W1O5h" title="Concentration risk, percentage">13.7%, <span id="xdx_901_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20260331__srt--MajorCustomersAxis__custom--ThreeCustomersMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zfTjCMAvIIql" title="Concentration risk, percentage">12.4% and <span id="xdx_90B_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20260331__srt--MajorCustomersAxis__custom--FourCustomersMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_ztwP33xvKxu9" title="Concentration risk, percentage">10.6% of total consolidated revenue, respectively. These customers were from the consulting service segment and logistics services segment. For the year ended March 31, 2025, two customers accounted for more than 10% of total consolidated revenue of the Company, representing approximately <span id="xdx_90C_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20240401__20250331__srt--MajorCustomersAxis__custom--OneCustomersMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zGU7dj8EWVdi" title="Concentration risk, percentage">15.9% and <span id="xdx_90C_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20240401__20250331__srt--MajorCustomersAxis__custom--TwoCustomersMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zCfBq54K6lk6" title="Concentration risk, percentage">15.5% of total consolidated revenue, respectively. Concentration on suppliers The following tables summarized the percentages of purchases from five largest suppliers of each of the reportable segment purchase for the years ended March 31, 2026 and 2025. SCHEDULE OF PURCHASES FROM SUPPLIERS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Year ended March 31,</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Garment manufacturing segment</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98C_ecustom--PercentageOfInventoryPurchase_dpxL_c20250401__20260331__us-gaap--StatementBusinessSegmentsAxis__custom--GarmentManufacturingSegmentMember__us-gaap--ConcentrationRiskByTypeAxis__custom--FiveLargestSuppliersMember_zEJWK2TyX3qi" style="width: 14%; text-align: right" title="Percentage of inventory purchase::XDX::-">100.0</td><td style="width: 1%; text-align: left">%</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_983_ecustom--PercentageOfInventoryPurchase_dpxL_c20240401__20250331__us-gaap--StatementBusinessSegmentsAxis__custom--GarmentManufacturingSegmentMember__us-gaap--ConcentrationRiskByTypeAxis__custom--FiveLargestSuppliersMember_zv3y1IHXf7r4" style="width: 14%; text-align: right" title="Percentage of inventory purchase::XDX::-">41.8</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Logistics services segment</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--PercentageOfInventoryPurchase_dpxL_c20250401__20260331__us-gaap--StatementBusinessSegmentsAxis__custom--LogisticServicesSegmentMember__us-gaap--ConcentrationRiskByTypeAxis__custom--FiveLargestSuppliersMember_zYjkSoWylMHi" style="text-align: right" title="Percentage of inventory purchase::XDX::-">50.3</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--PercentageOfInventoryPurchase_dpxL_c20240401__20250331__us-gaap--StatementBusinessSegmentsAxis__custom--LogisticServicesSegmentMember__us-gaap--ConcentrationRiskByTypeAxis__custom--FiveLargestSuppliersMember_zvCyIQpHDSUk" style="text-align: right" title="Percentage of inventory purchase::XDX::-">100.0</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Property management and subleasing</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--PercentageOfInventoryPurchase_dpxL_c20250401__20260331__us-gaap--StatementBusinessSegmentsAxis__custom--PropertyManagementAndSubleasingMember__us-gaap--ConcentrationRiskByTypeAxis__custom--FiveLargestSuppliersMember_zT6vsL7bbJ0a" style="text-align: right" title="Percentage of inventory purchase::XDX::-">-</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--PercentageOfInventoryPurchase_dpxL_c20240401__20250331__us-gaap--StatementBusinessSegmentsAxis__custom--PropertyManagementAndSubleasingMember__us-gaap--ConcentrationRiskByTypeAxis__custom--FiveLargestSuppliersMember_zGHM9UtZJ067" style="text-align: right" title="Percentage of inventory purchase::XDX::-">100.0</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Consulting service segment</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--PercentageOfInventoryPurchase_dpxL_c20250401__20260331__us-gaap--StatementBusinessSegmentsAxis__custom--ConsultingServiceSegmentMember__us-gaap--ConcentrationRiskByTypeAxis__custom--FiveLargestSuppliersMember_z8PHeWDrtfwg" style="text-align: right" title="Percentage of inventory purchase::XDX::-">61.5</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--PercentageOfInventoryPurchase_dpxL_c20240401__20250331__us-gaap--StatementBusinessSegmentsAxis__custom--ConsultingServiceSegmentMember__us-gaap--ConcentrationRiskByTypeAxis__custom--FiveLargestSuppliersMember_zS5v293iLqO7" style="text-align: right" title="Percentage of inventory purchase::XDX::-">-</td><td style="text-align: left"> </td></tr> </table> Two and Nil suppliers provided more than 10% of our raw materials purchases for the years ended March 31, 2026 and 2025, respectively. Two suppliers provided more than 10% of purchases of our logistics services segment for the years ended March 31, 2026 and 2025. Two suppliers provided more than 10% of services purchases of our Consulting service segment for the year ended March 31, 2026. <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(d)</td> <td style="font: 10pt Times New Roman, Times, Serif">Interest Rate Risk</td></tr> </table> The Company’s exposure to interest rate risk primarily relates to the interest expenses on our outstanding bank borrowings and the interest income generated by cash invested in cash deposits and liquid investments. As of March 31, 2026, the total outstanding borrowings amounted to $671,824 (RMB4.6 million) with various interest rate from 4.34% to 8.244% p.a.(Note 13).

6.91

7.26

7.10 7.22

The following are the percentages of accounts receivable balance of the top five customers over accounts receivable for each segment as of March 31, 2026 and 2025. Garment manufacturing segment SCHEDULE OF CONCENTRATION RISKS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Customer A</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_986_eus-gaap--ConcentrationRiskPercentage1_pid_dp_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerAMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--GarmentManufacturingSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zMERRQGiWyEj" style="width: 14%; text-align: right" title="Concentration risk, percentage">100.0</td><td style="width: 1%; text-align: left">%</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98C_eus-gaap--ConcentrationRiskPercentage1_pid_dp_c20240401__20250331__srt--MajorCustomersAxis__custom--CustomerAMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--GarmentManufacturingSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zIwkZ8PPK5Nd" style="width: 14%; text-align: right" title="Concentration risk, percentage">100.0</td><td style="width: 1%; text-align: left">%</td></tr> </table> The high concentration as of March 31, 2026 was mainly due to business development of a large distributor of garments. Logistics services segment <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Customer A</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_985_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerAMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--LogisticsServicesSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zva7EbwR5xf9" style="width: 14%; text-align: right" title="Percentage of risk">23.4</td><td style="width: 1%; text-align: left">%</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_981_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20240401__20250331__srt--MajorCustomersAxis__custom--CustomerAMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--LogisticsServicesSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zGp1nW92LCG4" style="width: 14%; text-align: right" title="Percentage of risk">20.2</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Customer B</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerBMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--LogisticsServicesSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zsNr5T5FhtK5" style="text-align: right" title="Percentage of risk">23.1</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20240401__20250331__srt--MajorCustomersAxis__custom--CustomerBMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--LogisticsServicesSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zROBq2eFjQCj" style="text-align: right" title="Percentage of risk">17.6</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Customer C</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerCMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--LogisticsServicesSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zBJDmvXQPVP4" style="text-align: right" title="Percentage of risk">6.6</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20240401__20250331__srt--MajorCustomersAxis__custom--CustomerCMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--LogisticsServicesSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zxOZUVEvVewe" style="text-align: right" title="Percentage of risk">3.4</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Customer D</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerDMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--LogisticsServicesSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zju6nf6R34fi" style="text-align: right" title="Percentage of risk">6.0</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20240401__20250331__srt--MajorCustomersAxis__custom--CustomerDMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--LogisticsServicesSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zke7geTGWuTb" style="text-align: right" title="Percentage of risk">5.4</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Customer E</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerEMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--LogisticsServicesSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zqbkaqpfvuec" style="text-align: right" title="Concentration risk, percentage">5.9</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20240401__20250331__srt--MajorCustomersAxis__custom--CustomerEMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--LogisticsServicesSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zmRMtP6x2ysg" style="text-align: right" title="Concentration risk, percentage">5.9</td><td style="text-align: left">%</td></tr> </table> Consulting services segment <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td style="font-size: 10pt"> </td><td style="font-size: 10pt; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-size: 10pt; text-align: center">March 31, 2026</td><td style="padding-bottom: 1pt; font-size: 10pt"> </td><td style="font-size: 10pt; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-size: 10pt; text-align: center">March 31, 2025</td><td style="padding-bottom: 1pt; font-size: 10pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; font-size: 10pt; text-align: left">Customer A</td><td style="width: 2%; font-size: 10pt"> </td> <td style="width: 1%; font-size: 10pt; text-align: left"> </td><td id="xdx_986_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerAMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--ConsultingServicesSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zB1284zhbXn9" style="width: 14%; font-size: 10pt; text-align: right" title="Percentage of risk">98.5</td><td style="width: 1%; font-size: 10pt; text-align: left">%</td><td style="width: 2%; font-size: 10pt"> </td> <td style="width: 1%; font-size: 10pt; text-align: left"> </td><td style="width: 14%; font-size: 10pt; text-align: right">-</td><td style="width: 1%; font-size: 10pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-size: 10pt; text-align: left">Customer B</td><td style="font-size: 10pt"> </td> <td style="font-size: 10pt; text-align: left"> </td><td id="xdx_98B_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerBMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--ConsultingServicesSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_z21FXL1vrYya" style="font-size: 10pt; text-align: right" title="Percentage of risk">1.1</td><td style="font-size: 10pt; text-align: left">%</td><td style="font-size: 10pt"> </td> <td style="font-size: 10pt; text-align: left"> </td><td style="font-size: 10pt; text-align: right">-</td><td style="font-size: 10pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-size: 10pt; text-align: left">Customer C</td><td style="font-size: 10pt"> </td> <td style="font-size: 10pt; text-align: left"> </td><td id="xdx_98E_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerCMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--StatementBusinessSegmentsAxis__custom--ConsultingServicesSegmentMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_ztWnemY0zkd7" style="font-size: 10pt; text-align: right" title="Percentage of risk">0.4</td><td style="font-size: 10pt; text-align: left">%</td><td style="font-size: 10pt"> </td> <td style="font-size: 10pt; text-align: left"> </td><td style="font-size: 10pt; text-align: right">-</td><td style="font-size: 10pt; text-align: left"> </td></tr> </table> The Company did not generate consulting service revenue during the year ended March 31, 2025 and had no accounts receivable for the consulting service segment as of March 31, 2025.

1.000

0.234

0.202

0.231

0.176

0.066

0.034

0.060

0.054

0.059

0.985

0.011

0.004

0.210

0.137

0.124

0.106

0.159

0.155

The following tables summarized the percentages of purchases from five largest suppliers of each of the reportable segment purchase for the years ended March 31, 2026 and 2025. SCHEDULE OF PURCHASES FROM SUPPLIERS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%; margin-left: 0.25in"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Year ended March 31,</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Garment manufacturing segment</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98C_ecustom--PercentageOfInventoryPurchase_dpxL_c20250401__20260331__us-gaap--StatementBusinessSegmentsAxis__custom--GarmentManufacturingSegmentMember__us-gaap--ConcentrationRiskByTypeAxis__custom--FiveLargestSuppliersMember_zEJWK2TyX3qi" style="width: 14%; text-align: right" title="Percentage of inventory purchase::XDX::-">100.0</td><td style="width: 1%; text-align: left">%</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_983_ecustom--PercentageOfInventoryPurchase_dpxL_c20240401__20250331__us-gaap--StatementBusinessSegmentsAxis__custom--GarmentManufacturingSegmentMember__us-gaap--ConcentrationRiskByTypeAxis__custom--FiveLargestSuppliersMember_zv3y1IHXf7r4" style="width: 14%; text-align: right" title="Percentage of inventory purchase::XDX::-">41.8</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Logistics services segment</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--PercentageOfInventoryPurchase_dpxL_c20250401__20260331__us-gaap--StatementBusinessSegmentsAxis__custom--LogisticServicesSegmentMember__us-gaap--ConcentrationRiskByTypeAxis__custom--FiveLargestSuppliersMember_zYjkSoWylMHi" style="text-align: right" title="Percentage of inventory purchase::XDX::-">50.3</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--PercentageOfInventoryPurchase_dpxL_c20240401__20250331__us-gaap--StatementBusinessSegmentsAxis__custom--LogisticServicesSegmentMember__us-gaap--ConcentrationRiskByTypeAxis__custom--FiveLargestSuppliersMember_zvCyIQpHDSUk" style="text-align: right" title="Percentage of inventory purchase::XDX::-">100.0</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Property management and subleasing</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--PercentageOfInventoryPurchase_dpxL_c20250401__20260331__us-gaap--StatementBusinessSegmentsAxis__custom--PropertyManagementAndSubleasingMember__us-gaap--ConcentrationRiskByTypeAxis__custom--FiveLargestSuppliersMember_zT6vsL7bbJ0a" style="text-align: right" title="Percentage of inventory purchase::XDX::-">-</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--PercentageOfInventoryPurchase_dpxL_c20240401__20250331__us-gaap--StatementBusinessSegmentsAxis__custom--PropertyManagementAndSubleasingMember__us-gaap--ConcentrationRiskByTypeAxis__custom--FiveLargestSuppliersMember_zGHM9UtZJ067" style="text-align: right" title="Percentage of inventory purchase::XDX::-">100.0</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Consulting service segment</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--PercentageOfInventoryPurchase_dpxL_c20250401__20260331__us-gaap--StatementBusinessSegmentsAxis__custom--ConsultingServiceSegmentMember__us-gaap--ConcentrationRiskByTypeAxis__custom--FiveLargestSuppliersMember_z8PHeWDrtfwg" style="text-align: right" title="Percentage of inventory purchase::XDX::-">61.5</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--PercentageOfInventoryPurchase_dpxL_c20240401__20250331__us-gaap--StatementBusinessSegmentsAxis__custom--ConsultingServiceSegmentMember__us-gaap--ConcentrationRiskByTypeAxis__custom--FiveLargestSuppliersMember_zS5v293iLqO7" style="text-align: right" title="Percentage of inventory purchase::XDX::-">-</td><td style="text-align: left"> </td></tr> </table>

671824

4600000

0.0434

0.08244

<table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="text-align: justify; width: 0.25in">22.</td> <td style="text-align: justify">SUBSEQUENT EVENTS</td></tr> </table> The Company evaluated subsequent events through June 29, 2026 , the date on which the consolidated financial statements were available to be issued. Equity Incentive Awards On March 24, 2026, the Compensation Committee approved fully vested share awards under the Company’s 2024 Equity Incentive Plan to certain executive officers. The grant date for the awards was April 8, 2026, and the awards were fully vested and non-forfeitable as of such date. After giving effect to the Company’s one-for-fifteen reverse stock split that became effective on March 30, 2026, the awards consisted of <span id="xdx_908_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20260629__20260629__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__srt--TitleOfIndividualAxis__custom--WuRuiMember__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zatsOxI2bhjl" title="Stock issued during the period, shares">66,667 shares of Common Stock to Wu Rui, the Company’s Chief Operating Officer, and <span id="xdx_90F_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20260629__20260629__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__srt--TitleOfIndividualAxis__custom--ZhidaMember__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zQCYofrtHpA6" title="Stock issued during the period, shares">12,222 shares of Common Stock to Hong Zhida, the Company’s President, Chief Executive Officer, Secretary and Director. Acquisition of Time Is Loan Limited On April 22, 2026, Yingxi Industrial Chain Investment Co., Ltd. (“Yingxi HK”), the Company’s wholly owned Hong Kong subsidiary, entered into a Share Exchange Agreement with the sole shareholder of Time Is Loan Limited (“Time Is Loan”), a Hong Kong company, to acquire <span id="xdx_904_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_pid_dp_uPure_c20260422__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--YingxiIndustrialChainInvestmentCoLtdMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zHoZ00Hd5rn2" title="Ownership percentage">100% of the equity interests in Time Is Loan. As consideration, the Company agreed to issue <span id="xdx_908_eus-gaap--StockIssuedDuringPeriodSharesAcquisitions_c20260422__20260422__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zBT88y6TjImi" title="Stock issued during the period, Acquisitions">137,790 shares of its common stock to the seller. On May 15, 2026, the acquisition was completed. As of the date these consolidated financial statements were available to be issued, the Company is evaluating the accounting impact of the acquisition, and accordingly, the financial effects of the acquisition have not yet been determined. Related Party Share Exchange Agreement On May 15, 2026, the Company entered into a Share Exchange Agreement with Yingxi Industrial Chain Investment Co., Ltd., Riches Family Office Limited, Riches FO Holdings Limited and Wu Rui, the Company’s Chief Operating Officer and the sole shareholder of Riches FO Holdings Limited. Pursuant to the agreement, Yingxi Industrial Chain Investment Co., Ltd. agreed to acquire <span id="xdx_901_ecustom--PercentageOfSharesIssuedAndOutstanding_pid_dp_uPure_c20260515__20260515__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__srt--TitleOfIndividualAxis__custom--WuRuiMember__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_z3qEAuwNvx9l" title="Percentage of shares issued and outstanding">41.67% of the issued and outstanding equity interests of Riches Family Office Limited from Riches FO Holdings Limited in exchange for the issuance of <span id="xdx_90E_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20260515__20260515__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__srt--TitleOfIndividualAxis__custom--WuRuiMember__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zqKjy91jkYka" title="Stock issued during the period, shares">33,500 shares of the Company’s common stock to Wu Rui. The transaction is a related party transaction and was completed on June 15, 2026. Other Subsequent Events Except as disclosed above, management is not aware of any other subsequent events that would require recognition or disclosure in the consolidated financial statements.

66667

12222

137790

0.4167

33500

true Prior period results have been adjusted to reflect the 1 to 15 reverse stock split effected in the form of a stock combination in March 30, 2026. See Note 3(o), Reverse Stock Split, for details. Prior period results have been adjusted to reflect the 1 to 15 reverse stock split effected in the form of a stock combination in March 30, 2026. See Note 3(o), Reverse Stock Split, for details. Prior period results have been adjusted to reflect the 1 to 15 reverse stock split effected in the form of a stock combination in March 30, 2026. See Note 3(o), For purposes of this section, “Riches Affiliated Parties” refers to Riches FO Holdings Limited, Riches Family Office Limited and Riches Elite Technology (Shenzhen) Co., Ltd. Riches FO Holdings Limited is controlled by Mr. Wu Rui, the Company’s Chief Operating Officer, and was the seller in the Company’s related-party share exchange transaction involving Riches Family Office Limited. Riches Elite Technology (Shenzhen) Co., Ltd. is the operating subsidiary of Riches Family Office Limited. The increase of related party from Hong Zhida was short term loan to Hong Zhida, which is interest free and would be repaid in one year. The decrease of related party debt from Yang Bihua was mainly due to repayment from Yang Bihua.