Long term receivable |
3 Months Ended | ||||||||||||||||||||||||||||||||||||
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May 31, 2026 | |||||||||||||||||||||||||||||||||||||
| Long Term Receivable | |||||||||||||||||||||||||||||||||||||
| Long term receivable | 9. Long term receivable
Long-term receivables were reclassified from prepaid expenses and other current assets based on the terms of renewed agreements executed during the year ended February 28, 2026. During the year, the Company entered into three long-term receivable agreements with an aggregate lending commitment of up to RMB18,000,000 (US$2,660,282). The agreements have terms ranging from four to five years. As of May 31, 2026, the long-term receivable balance represents amounts expected to be collected more than 12 months after the balance sheet date.
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