v3.26.1
Related Party Transactions
 12 Months Ended
Apr. 30, 2026
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

NOTE 12 — RELATED PARTY TRANSACTIONS

 

The Company’s related party transactions from continuing operations consisted of the following:

 

Due from a related party

 

Name of Related Party   Nature   Relationship   April 30,
2026		     April 30,
2025		  
Yin Yan   Other receivable   Chief Executive Officer (“CEO”) and owned 81% of equity interest of FuAn (before reorganization) and owns 40% of common shares and 100% of preferred shares of Marwynn   $              —       193,853  
Total           $ —     $ 193,853  

  

As of April 30, 2025, due from a related party was the advances payment that the Company paid to the related party. On May 20, 2025, the Company received the full repayment from this related party. As of April 30, 2026, there was no balance of due from a related party for continuing operations. 

 

Related party lease

 

On March 15, 2025, the Company entered into a 12-month operating lease agreement for the Company’s office space located in Irvine, California with The Propitious Irvine LLC, an entity for which the Company’s Chief Financial Officer, Shengnan Xu, is also the member of Propitious Irvine LLC. The lease commenced on March 15, 2025. Monthly lease payments are $5,458.  On March 14, 2026, the Company entered another 12-months lease for the same location commencing on March 15, 2026 with the monthly rental payment of $5,458.