v3.26.1
Discontinued Operations - Schedule of Discontinued Operations (Details) - USD ($)
11 Months Ended 12 Months Ended
Feb. 28, 2025
Mar. 31, 2026
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
OTHER INCOME (EXPENSES):            
LOSS FROM DISCONTINUED OPERATIONS BEFORE INCOME TAXES     $ (4,103,718) $ (3,448,536)  
NET LOSS FROM DISCONTINUED OPERATIONS     11,648,651 (3,448,522)  
NET GAIN(LOSS) FROM DISCONTINUED OPERATIONS, NET OF TAX     11,654,035 (3,448,536)  
Cash and cash equivalents          
Investing activities of discontinued operations     $ (22,353,250)  
Discontinued Operations, Disposed of by Sale [Member] | Jiuxin Investment [Member]            
Schedule of Discontinued Operations [Line Items]            
REVENUES, NET $ 93,447,763       107,536,353 $ 115,736,856
COST OF GOODS SOLD 69,024,370       81,306,222 85,057,834
GROSS PROFIT 24,423,393       26,230,131 30,679,022
SELLING EXPENSES 25,303,379       26,451,364 27,911,138
GENERAL AND ADMINISTRATIVE EXPENSES 2,970,154       3,909,412 10,530,943
TOTAL OPERATING EXPENSES 28,273,533       30,360,776 38,442,081
LOSS FROM DISCONTINUED OPERATIONS (3,850,140)       (4,130,645) (7,763,059)
OTHER INCOME (EXPENSES):            
INTEREST INCOME 421,839       318,874 852,326
INTEREST EXPENSE (6,291)       (13,604) (65,854)
INVESTMENT LOSS       85,382
OTHER INCOME (EXPENSES) (561,791)       481,064 1,587,729
LOSS FROM DISCONTINUED OPERATIONS BEFORE INCOME TAXES (3,996,383)       (3,344,311) (5,303,476)
PROVISION FOR INCOME TAXES 107,335       104,225
NET LOSS FROM DISCONTINUED OPERATIONS (4,103,718)       (3,448,536) (5,303,476)
LESS: NET LOSS FROM DISCONTINUED OPERATIONS ATTRIBUTABLE TO NONCONTROLLING INTEREST 5,384       (14) (252)
NET GAIN(LOSS) FROM DISCONTINUED OPERATIONS, NET OF TAX (4,109,102)       $ (3,448,522) $ (5,303,224)
Cash and cash equivalents 12,942,759          
Restricted cash 9,410,491          
Trade accounts receivables 7,627,735          
Inventories 7,886,336          
Other receivables, net 12,272,723          
Advances to suppliers 587,731          
Other current assets 1,565,261          
Total current assets of discontinued operations 52,293,036          
Property and equipment, net 4,430,211          
Long-term investment 1,184,984          
Farmland assets 628,710          
Long-term deposits 1,087,447          
Intangible assets, net 1,684,251          
Operating lease right-of-use assets 8,876,245          
Other noncurrent assets 661,329          
Total non-current assets of discontinued operations 18,553,177          
Accounts payable 22,018,532          
Notes payable 20,955,354          
Other payables 28,734,698          
Customer deposits 89,324          
Taxes payable 392,801          
Accrued liabilities 187,423          
Current portion of operating lease liabilities 2,704,581          
Total current liabilities of discontinued operations 75,424,909          
Long-term operating lease liabilities 3,871,823          
Total non-current liabilities of discontinued operations 3,871,823          
Total considerations for divestiture of Jiuxin Investment 4,102,848          
Less: Net asset of Jiuxin Investment (8,450,519)          
Add: Noncontrolling interests (1,341,489)          
Add: Additional paid-in capital 796,422          
Add: Statutory reserve 1,309,109          
Add: Accumulated other comprehensive income 2,440,344          
Gain on divestiture of Jiuxin Investment 15,757,753          
Operating activities of discontinued operations (97,503)          
Investing activities of discontinued operations (615,267)          
Financing activities of discontinued operations (5,334,555)          
Discontinued Operations, Disposed of by Sale [Member] | Jiuxin Investment [Member] | Related Party [Member]            
OTHER INCOME (EXPENSES):            
Due from related parties          
Due to related parties $ 342,196