| Schedule of Parent Company Balance Sheets |
PARENT COMPANY BALANCE SHEETS
| | |
April 30,
2026 | | |
October 31,
2025 | |
| | |
Unaudited | | |
| |
| ASSETS | |
| | |
| |
| Current assets | |
| | |
| |
| Cash | |
$ | 1,496,050 | | |
$ | 64,182 | |
| Prepaid expenses, current | |
| 709,814 | | |
| 1,402,714 | |
| Interest receivable | |
| 3,500 | | |
| 10,500 | |
| Due from intercompany entity | |
| 3,586,339 | | |
| 1,395,600 | |
| Non-current assets | |
| | | |
| | |
| Investment in subsidiaries | |
| 7,706,888 | | |
$ | 5,534,567 | |
| Prepaid expenses, non-current | |
| — | | |
| 105,000 | |
| Loan receivable | |
| 600,000 | | |
| 350,000 | |
| Deferred offering cost | |
| — | | |
| 19,884 | |
| Total assets | |
$ | 14,102,591 | | |
$ | 8,882,447 | |
| | |
| | | |
| | |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | |
| | | |
| | |
| Current liabilities | |
| | | |
| | |
| Accounts payable | |
| 24,000 | | |
$ | 24,000 | |
| Due to intercompany entity | |
$ | 132,312 | | |
| 1,130,776 | |
| Total liabilities | |
$ | 156,312 | | |
$ | 1,154,776 | |
| | |
| | | |
| | |
| Shareholders’ equity | |
| | | |
| | |
| Class A Ordinary shares (US$0.0025 par value, 19,800,000 shares authorized, 1,615,128 and 450,000 shares issued and outstanding as of April 30, 2026 and October 31, 2025, respectively) | |
| 4,038 | | |
| 1,125 | |
| Class B Ordinary shares (US$0.0025 par value, 200,000 shares authorized, 200,000 shares issued and outstanding as of April 30, 2026 and October 31, 2025, respectively) | |
| 500 | | |
| 500 | |
| Subscription receivable | |
| (1,500 | ) | |
| (1,500 | ) |
| Additional paid-in capital | |
| 11,257,406 | | |
| 4,222,882 | |
| Statutory reserve | |
| 666,232 | | |
| 512,732 | |
| Non-controlling interests | |
| (2,217 | ) | |
| — | |
| Retained earnings | |
| 1,893,290 | | |
| 3,118,706 | |
| Accumulated other comprehensive loss | |
| 128,530 | | |
| (126,774 | ) |
| Total shareholders’ equity | |
| 13,946,279 | | |
| 7,727,671 | |
| Total liabilities and shareholders’ equity | |
$ | 14,102,591 | | |
$ | 8,882,447 | |
|
| Schedule of Parent Company Statements of Income and Comprehensive Income |
PARENT COMPANY STATEMENTS OF OPERATION AND COMPREHENSIVE
(LOSS) INCOME
| | |
For the six months ended
April 30, | |
| | |
2026 | | |
2025 | |
| | |
Unaudited | | |
Unaudited | |
| OPERATING EXPENSES | |
$ | (2,252,564 | ) | |
$ | (613,077 | ) |
| INCOME FROM SUBSIDIARIES | |
| 1,178,471 | | |
| 133,912 | |
| | |
| | | |
| | |
| NET LOSS | |
| (1,074,093 | ) | |
| (479,165 | ) |
| FOREIGN CURRENCY TRANSLATION ADJUSTMENTS | |
| 255,264 | | |
| (131,684 | ) |
| COMPREHENSIVE (LOSS) INCOME | |
$ | (818,829 | ) | |
$ | (610,849 | ) |
|
| Schedule of Parent Company Statements of Cash Flows |
PARENT COMPANY STATEMENTS OF CASH FLOWS
| | |
For the six months ended
April 30, | |
| | |
2026 | | |
2025 | |
| | |
Unaudited | | |
Unaudited | |
| Net cash used in operating activities | |
$ | (1,672,349 | ) | |
$ | (120,882 | ) |
| Net cash used in investing activities | |
| (3,933,220 | ) | |
| (2,573,000 | ) |
| Net cash provided by financing activities | |
| 7,037,437 | | |
| 3,035,285 | |
|