v3.26.1
Consolidated Balance Sheets - USD ($)
Feb. 28, 2026
Feb. 28, 2025
Current assets    
Cash and cash equivalents $ 84,087 $ 105,265
Restricted cash 51,791 9,492
Accounts receivable 25,605 122,614
Inventories 150,078 119,006
Prepaid expenses and other current assets 1,885,322 6,659,078
Total current assets 2,212,883 7,085,559
Non-current assets    
Property, plant and equipment, net 3,974,577 5,020,365
Intangible assets, net 7,038 8,911
Right-of-use assets 76,474 77,318
Other non-current assets 65,552 30,663
Long-term receivable 1,439,818
Total non-current assets 5,563,459 5,137,257
Total Assets 7,776,342 12,222,816
Current liabilities    
Short-term loan 72,909 1,373,098
Accounts payables 484,252 629,535
Advances from customers 3,291,785 3,595,420
Other current payables 5,186,484 5,749,278
Taxes payable 74,968 67,723
Operating lease liabilities, current 10,789 9,177
Total current liabilities 11,967,815 13,670,065
Non-current liabilities    
Long-term borrowing 1,385,264
Operating lease liabilities 62,936 65,791
Long term payable 25,641,883 21,495,468
Total non-current liabilities 27,090,083 21,561,259
Total Liabilities 39,057,898 35,231,324
Commitments and Contingencies (Note 16)
Stockholders’ Deficit    
Common stock ($0.001 par value, 50,000,000,000 shares authorized, 555,315,412 share issued and outstanding as of February 28, 2026 and 2025) 555,315 555,315
Additional paid-in capital 9,672,563 9,672,563
Accumulated deficit (41,996,913) (35,326,578)
Accumulated other comprehensive income 701,367 2,264,403
Non-controlling interest (213,888) (174,211)
Total Stockholders’ Deficit (31,281,556) (23,008,508)
Total Liabilities and Stockholders’ Deficit 7,776,342 12,222,816
Related Party [Member]    
Current assets    
Amount due from related parties 16,000 70,104
Current liabilities    
Amounts due to related parties $ 2,846,628 $ 2,245,834