CONCENTRATIONS OF RISKS |
12 Months Ended |
|---|---|
Mar. 31, 2026 | |
| CONCENTRATIONS OF RISKS | |
| CONCENTRATIONS OF RISKS | NOTE 11 - CONCENTRATIONS OF RISKS
(a) Economic and political risk
The Company's major operations are conducted in U.S.A. and PRC. Accordingly, the political, economic, and legal environments in U.S.A. and PRC, as well as the general state of U.S.A. and PRC's economy may influence the Company's business, financial condition, and results of operations.
(b) Exchange rate risk
The Company cannot guarantee that the current exchange rate will remain steady; therefore, there is a possibility that the Company could post the same amount of losses for two comparable periods and because of the fluctuating exchange rate actually post higher or lower profit depending on exchange rate of RMB converted to USD on that date. The exchange rate could fluctuate depending on changes in political and economic environments without notice. |