v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
May 31, 2026
Feb. 28, 2026
Current assets    
Cash and cash equivalents $ 107,201 $ 84,087
Restricted cash 51,778 51,791
Accounts receivable 18,810 25,605
Inventories 129,691 150,078
Prepaid expenses and other current assets 1,868,269 1,885,322
Total current assets 2,191,749 2,212,883
Non-current assets    
Property, plant and equipment, net 3,976,100 3,974,577
Intangible assets, net 6,737 7,038
Right-of-use assets 179,389 76,474
Other non-current assets 71,091 65,552
Long term receivable 1,296,758 1,439,818
Total non-current assets 5,530,075 5,563,459
Total Assets 7,721,824 7,776,342
Current liabilities    
Short-term loan 73,897 72,909
Accounts payables 443,351 484,252
Advances from customers 3,334,581 3,291,785
Other current payables 5,487,410 5,186,484
Taxes payable 46,328 74,968
Operating lease liabilities, current 32,139 10,789
Total current liabilities 12,315,919 11,967,815
Non-current liabilities    
Long-term borrowing 1,404,038 1,385,264
Operating lease liabilities, non-current 116,888 62,936
Long term payable 26,181,530 25,641,883
Total non-current liabilities 27,702,456 27,090,083
Total Liabilities 40,018,375 39,057,898
Commitments and Contingencies (Note 15)
Stockholders’ Deficit    
Common stock ($0.001 par value, 50,000,000,000 shares authorized, 555,315,412 shares issued and outstanding as of May 31, 2026 and February 28, 2026) 555,315 555,315
Additional paid-in capital 9,672,563 9,672,563
Accumulated deficit (42,601,318) (41,996,913)
Accumulated other comprehensive income 304,834 701,367
Non-controlling interest (227,945) (213,888)
Total Stockholders’ Deficit (32,296,551) (31,281,556)
Total Liabilities and Stockholders’ Deficit 7,721,824 7,776,342
Related Party [Member]    
Current assets    
Amount due from related parties 16,000 16,000
Current liabilities    
Amounts due to related parties $ 2,898,213 $ 2,846,628