Summary of Significant Accounting Policies (Tables)
|
6 Months Ended |
Apr. 30, 2026 |
|---|
| Accounting Policies [Abstract] |
|
| Schedule of Estimated Useful Lives of Property and Equipment |
Depreciation is computed using the straight-line method over
the estimated useful lives of the assets.
| |
|
Estimated
useful lives
(years) |
| Electronic equipment |
|
2 – 5 |
| Office facilities |
|
2 – 5 |
| Machinery equipment |
|
3 – 5 |
| Vehicles |
|
4 – 5 |
|
| Schedule of Estimated Useful Lives of Intangible Assets |
The estimated useful lives
of the Company’s intangible assets are listed below:
| | | Estimated
useful lives
(years) | | | Patent right | | 20 | |
|
| Schedule of Revenue by Major Product Line |
Revenue by major product line
| | |
For The Six Months Ended
April 30, | |
| | |
2026 | | |
2025 | |
| Wastewater treatment revenue | |
$ | 9,186,084 | | |
$ | 493,123 | |
| River water quality management revenue | |
| 4,297,180 | | |
| 4,728,449 | |
| Product sales revenue | |
| 1,344,830 | | |
| 277,081 | |
| Training revenue | |
| 3,502,890 | | |
| — | |
| Others | |
| 254,541 | | |
| — | |
| Total Revenue | |
$ | 18,585,525 | | |
$ | 5,498,653 | |
|
| Schedule of Contract Liabilities |
The
contract assets as of April 30, 2026 and October 31, 2025 are as follows:
| | |
April 30,
2026 | | |
October 31,
2025 | |
| Contract assets for wastewater treatment revenue | |
$ | 690,024 | | |
$ | 263,528 | |
| Contract assets for river water quality management revenue | |
| 1,148,111 | | |
| 894,842 | |
| Total | |
$ | 1,838,135 | | |
$ | 1,158,370 | |
|
| Schedule of Movement of Contract Assets |
The following table sets forth the movement of
contract assets:
| | |
April 30,
2026 | | |
October 31,
2025 | |
| Balance, at beginning of the year | |
$ | 1,158,370 | | |
$ | 603,979 | |
| Addition | |
| 673,711 | | |
| 1,112,636 | |
| Reduction | |
| (54,705 | ) | |
| (565,881 | ) |
| Exchange rate difference | |
| 60,759 | | |
| 7,636 | |
| Balance, at end of the year | |
$ | 1,838,135 | | |
$ | 1,158,370 | |
| | |
April 30,
2026 | | |
October 31,
2025 | |
| Balance, at beginning of the year | |
$ | — | | |
$ | — | |
| Addition | |
| 5,755,527 | | |
| — | |
| Reduction | |
| (4,522,302 | ) | |
| — | |
| Exchange rate difference | |
| 23,156 | | |
| — | |
| Balance, at end of the year | |
$ | 1,256,381 | | |
$ | — | |
|
| Schedule of Foreign Currency Translation of Financial Statement Items |
Translation of amounts from
RMB into U.S. dollars has been made at the following exchange rates:
| Balance sheet items, except for equity accounts | |
| | |
| April 30, 2026 | |
| RMB6.8273 to $1 | |
| October 31, 2025 | |
| RMB7.1169 to $1 | |
| | |
| | |
| Income statement and cash flows items | |
| | |
| For the six months ended April 30, 2026 | |
| RMB6.9555 to $1 | |
| For the six months ended April 30, 2025 | |
| RMB7.2681 to $1 | |
|