| Schedule of Condensed Balance Sheets |
Condensed balance sheets
As of March 31, 2026 and 2025
(Stated in U.S. Dollars)
| | |
2026 | | |
2025 | |
| ASSETS | |
| | |
| |
| Cash | |
$ | 19,795 | | |
$ | 6,423 | |
| Prepayments and other current assets | |
| 157,216 | | |
| — | |
| Due from a subsidiary | |
| — | | |
| 255,846 | |
| Total current asset | |
| 177,011 | | |
| 262,269 | |
| | |
| | | |
| | |
| Investments in subsidiaries | |
| 11,865,444 | | |
| 1,538,469 | |
| TOTAL ASSETS | |
$ | 12,042,455 | | |
$ | 1,800,738 | |
| | |
| | | |
| | |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | |
| | | |
| | |
| Accrued expenses and other current liabilities | |
$ | 64,294 | | |
| — | |
| Due to related parties | |
| 2,599,984 | | |
$ | 1,800,625 | |
| Due to subsidiaries | |
| 896,983 | | |
| — | |
| TOTAL LIABILITIES | |
| 3,561,261 | | |
| 1,800,625 | |
| | |
| | | |
| | |
| SHAREHOLDERS’ EQUITY | |
| | | |
| | |
| Class A Ordinary Shares, par value $0.00001 per share, 4,950,000,000 shares authorized; 19,906,250 and 17,750,000 shares issued and outstanding as of March 31, 2026 and 2025, respectively* | |
| 199 | | |
| 178 | |
| Class B Ordinary Shares, par value $0.00001 per share, 50,000,000 shares authorized; 5,000,000 and 5,000,000 shares issued and outstanding as of March 31, 2026 and 2025, respectively* | |
| 50 | | |
| 50 | |
| Subscription receivables | |
| (128 | ) | |
| (128 | ) |
| Additional paid-in capital | |
| 9,504,411 | | |
| — | |
| (Accumulated deficit) Retained earnings | |
| (1,023,338 | ) | |
| 13 | |
| Total shareholders’ equity | |
| 8,481,194 | | |
| 113 | |
| | |
| | | |
| | |
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | |
$ | 12,042,455 | | |
$ | 1,800,738 | |
| * | Shares presented on a retroactive basis to reflect the Share Subdivision and Share Redesignation |
|
| Schedule of Condensed Statements of Operations |
Condensed statements of operations
For the years ended March 31, 2026, 2025 and 2024
(Stated in U.S. Dollars)
| | |
2026 | | |
2025 | | |
2024 | |
| Expenses | |
| | |
| | |
| |
| General and administrative expenses | |
$ | (694,904 | ) | |
$ | — | | |
$ | — | |
| Total operating expenses | |
| (694,904 | ) | |
| — | | |
| — | |
| | |
| | | |
| | | |
| | |
| Other (expense) income | |
| | | |
| | | |
| | |
| Interest income | |
| 86,206 | | |
| 13 | | |
| — | |
| Loss on disposal of equity securities | |
| (414,653 | ) | |
| — | | |
| — | |
| Total other (expense) income | |
| (328,447 | ) | |
| 13 | | |
| — | |
| | |
| | | |
| | | |
| | |
| (Loss) Income before taxes | |
| (1,023,351 | ) | |
| 13 | | |
| — | |
| Provision for income taxes | |
| — | | |
| — | | |
| — | |
| Net (loss) income | |
$ | (1,023,351 | ) | |
$ | 13 | | |
$ | — | |
|
| Schedule of Condensed Statements of Cash Flows |
Condensed statements of cash flows
For the years ended March 31, 2026, 2025 and 2024
(Stated in U.S. Dollars)
| | |
2026 | | |
2025 | | |
2024 | |
| Cash flows from operating activities: | |
| | |
| | |
| |
| Net (loss) income | |
$ | (1,023,351 | ) | |
$ | 13 | | |
$ | — | |
| Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities: | |
| | | |
| | | |
| | |
| Allowance for expected credit loss | |
| 427 | | |
| — | | |
| — | |
| Loss on disposal of equity securities | |
| 414,653 | | |
| — | | |
| — | |
| Changes in operating assets and liabilities: | |
| | | |
| | | |
| | |
| Prepayments and other current assets | |
| (72,296 | ) | |
| — | | |
| — | |
| Accrued expenses and other current liabilities | |
| 24,294 | | |
| — | | |
| — | |
| Net cash (used in) provided by operating activities | |
| (656,273 | ) | |
| 13 | | |
| — | |
| | |
| | | |
| | | |
| | |
| Cash flow from investing activities: | |
| | | |
| | | |
| | |
| Incorporation of subsidiaries | |
| (52 | ) | |
| — | | |
| — | |
| Subscription of new shares of a subsidiary | |
| (326,923 | ) | |
| — | | |
| — | |
| Investment in equity securities | |
| (500,000 | ) | |
| — | | |
| — | |
| Acquisition of a subsidiary | |
| (10,000,000 | ) | |
| — | | |
| — | |
| Net cash used investing activities | |
| (10,826,975 | ) | |
| — | | |
| — | |
| | |
| | | |
| | | |
| | |
| Cash flow from financing activities: | |
| | | |
| | | |
| | |
| Advance from related parties and subsidiaries | |
| 1,952,188 | | |
| 6,410 | | |
| — | |
| Net proceeds from initial public offering | |
| 9,778,479 | | |
| — | | |
| — | |
| Payments of offering costs related to initial public offering | |
| (234,047 | ) | |
| — | | |
| — | |
| Net cash provided by financing activities | |
| 11,496,620 | | |
| 6,410 | | |
| — | |
| | |
| | | |
| | | |
| | |
| Net increase in cash | |
| 13,372 | | |
| 6,423 | | |
| — | |
| Cash at beginning of the year | |
| 6,423 | | |
| — | | |
| — | |
| Cash at end of the year | |
$ | 19,795 | | |
$ | 6,423 | | |
$ | — | |
| | |
| | | |
| | | |
| | |
| Supplementary cash flows information: | |
| | | |
| | | |
| | |
| Non-cash investing and financing activities: | |
| | | |
| | | |
| | |
| Dividends directly paid by a subsidiary to shareholders | |
$ | — | | |
$ | 769,231 | | |
$ | — | |
| Investment in a subsidiary recorded in amounts due to related parties | |
$ | — | | |
$ | 7 | | |
$ | — | |
| Recognition of deferred initial public offering costs recorded in accrued expenses and other liabilities | |
$ | 40,000 | | |
$ | — | | |
$ | — | |
|