| 9. | OTHER NON-CURRENT ASSETS, NET |
Other non-current assets, net consisted
of the following:
| | |
As of March 31, | |
| | |
2026 | | |
2025 | |
| Prepayment of equipment and mold model (1) | |
$ | 3,527,818 | | |
$ | 3,391,103 | |
| Prepayment of intangible assets (2) | |
| 540,528 | | |
| - | |
| Deposits and others (3) | |
| 233,683 | | |
| 119,260 | |
| Other non-current assets, net | |
$ | 4,302,029 | | |
$ | 3,510,363 | |
| (1) | Prepayment of equipment and mold model are prepayments to suppliers for equipment and molds, which will be recognized as fixed assets upon delivery and availability for use. | | | | | (2) | Prepayment of intangible assets includes payments to third-party suppliers for the development cost of the intelligent production platform for wiring harnesses. | | | | | (3) | Deposits are rental security payment to the landlords that the Group will hold for more than one year, which will be refunded upon maturity of the leases. Others mainly comprise payments made for the acquisition of servers. |
|