0001782309 2025-04-01 2026-03-31 0001782309 dei:BusinessContactMember 2025-04-01 2026-03-31 0001782309 2026-03-31 0001782309 2024-04-01 2025-03-31 0001782309 2023-04-01 2024-03-31 0001782309 2025-03-31 0001782309 us-gaap:NonrelatedPartyMember 2026-03-31 0001782309 us-gaap:NonrelatedPartyMember 2025-03-31 0001782309 us-gaap:RelatedPartyMember 2026-03-31 0001782309 us-gaap:RelatedPartyMember 2025-03-31 0001782309 us-gaap:CommonStockMember 2023-03-31 0001782309 us-gaap:SeriesAPreferredStockMember us-gaap:PreferredStockMember 2023-03-31 0001782309 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0001782309 EDTK:StatutoryReserveMember 2023-03-31 0001782309 us-gaap:RetainedEarningsMember 2023-03-31 0001782309 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-03-31 0001782309 2023-03-31 0001782309 us-gaap:CommonStockMember 2024-03-31 0001782309 us-gaap:SeriesAPreferredStockMember us-gaap:PreferredStockMember 2024-03-31 0001782309 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001782309 EDTK:StatutoryReserveMember 2024-03-31 0001782309 us-gaap:RetainedEarningsMember 2024-03-31 0001782309 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001782309 2024-03-31 0001782309 us-gaap:CommonStockMember 2025-03-31 0001782309 us-gaap:SeriesAPreferredStockMember us-gaap:PreferredStockMember 2025-03-31 0001782309 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 0001782309 EDTK:StatutoryReserveMember 2025-03-31 0001782309 us-gaap:RetainedEarningsMember 2025-03-31 0001782309 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-03-31 0001782309 us-gaap:CommonStockMember 2023-04-01 2024-03-31 0001782309 us-gaap:SeriesAPreferredStockMember us-gaap:PreferredStockMember 2023-04-01 2024-03-31 0001782309 us-gaap:AdditionalPaidInCapitalMember 2023-04-01 2024-03-31 0001782309 EDTK:StatutoryReserveMember 2023-04-01 2024-03-31 0001782309 us-gaap:RetainedEarningsMember 2023-04-01 2024-03-31 0001782309 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-04-01 2024-03-31 0001782309 us-gaap:CommonStockMember 2024-04-01 2025-03-31 0001782309 us-gaap:SeriesAPreferredStockMember us-gaap:PreferredStockMember 2024-04-01 2025-03-31 0001782309 us-gaap:AdditionalPaidInCapitalMember 2024-04-01 2025-03-31 0001782309 EDTK:StatutoryReserveMember 2024-04-01 2025-03-31 0001782309 us-gaap:RetainedEarningsMember 2024-04-01 2025-03-31 0001782309 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-04-01 2025-03-31 0001782309 us-gaap:CommonStockMember 2025-04-01 2026-03-31 0001782309 us-gaap:SeriesAPreferredStockMember us-gaap:PreferredStockMember 2025-04-01 2026-03-31 0001782309 us-gaap:AdditionalPaidInCapitalMember 2025-04-01 2026-03-31 0001782309 EDTK:StatutoryReserveMember 2025-04-01 2026-03-31 0001782309 us-gaap:RetainedEarningsMember 2025-04-01 2026-03-31 0001782309 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-04-01 2026-03-31 0001782309 us-gaap:CommonStockMember 2026-03-31 0001782309 us-gaap:SeriesAPreferredStockMember us-gaap:PreferredStockMember 2026-03-31 0001782309 us-gaap:AdditionalPaidInCapitalMember 2026-03-31 0001782309 EDTK:StatutoryReserveMember 2026-03-31 0001782309 us-gaap:RetainedEarningsMember 2026-03-31 0001782309 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2026-03-31 0001782309 EDTK:EasySkillsTechnologyLimitedMember 2025-04-01 2026-03-31 0001782309 EDTK:EasySkillsTechnologyLimitedMember 2025-04-01 2026-03-31 0001782309 EDTK:SkillfulCraftsmanNetworkTechnologyWuxiCoLtdMember 2025-04-01 2026-03-31 0001782309 EDTK:SkillfulCraftsmanNetworkTechnologyWuxiCoLtdMember 2025-04-01 2026-03-31 0001782309 EDTK:ShenzhenJisenInformationTechLimitedMember 2025-04-01 2026-03-31 0001782309 EDTK:ShenzhenJisenInformationTechLimitedMember 2025-04-01 2026-03-31 0001782309 EDTK:GigaLearningIncMember 2025-04-01 2026-03-31 0001782309 EDTK:GigaLearningIncMember 2025-04-01 2026-03-31 0001782309 EDTK:ServerHardwareMember 2026-03-31 0001782309 us-gaap:VehiclesMember 2026-03-31 0001782309 EDTK:YearEndSpotRateMember 2026-03-31 0001782309 EDTK:YearEndSpotRateMember 2025-03-31 0001782309 EDTK:YearEndSpotRateMember 2024-03-31 0001782309 EDTK:AverageRateMember 2026-03-31 0001782309 EDTK:AverageRateMember 2025-03-31 0001782309 EDTK:AverageRateMember 2024-03-31 0001782309 us-gaap:SegmentDiscontinuedOperationsMember 2024-04-01 2025-03-17 0001782309 us-gaap:SegmentDiscontinuedOperationsMember 2023-04-01 2024-03-31 0001782309 EDTK:FujianPingtanOceanFisheryGroupCo.LtdMember 2025-03-31 0001782309 EDTK:ChangshaTangshiYipaiMedicalTechnologyCoLtdMember 2025-03-31 0001782309 EDTK:YapingZhouMember 2025-03-31 0001782309 EDTK:FujianPingtanOceanFisheryGroupCo.LtdMember 2025-04-01 2026-03-31 0001782309 EDTK:ChangshaTangshiYipaiMedicalTechnologyCoLtdMember 2025-04-01 2026-03-31 0001782309 EDTK:YapingZhouMember 2025-04-01 2026-03-31 0001782309 EDTK:FujianPingtanOceanFisheryGroupCo.LtdMember 2026-03-31 0001782309 EDTK:ChangshaTangshiYipaiMedicalTechnologyCoLtdMember 2026-03-31 0001782309 EDTK:YapingZhouMember 2026-03-31 0001782309 EDTK:MedicalStarMember 2021-08-31 0001782309 EDTK:MedicalStarMember 2021-08-01 2021-08-31 0001782309 EDTK:MedicalStarMember 2026-03-31 2026-03-31 0001782309 EDTK:FujianPingtanOceanFisheryGroupCo.LtdMember 2022-01-31 0001782309 EDTK:FujianPingtanOceanFisheryGroupCo.LtdMember 2022-01-01 2022-01-31 0001782309 EDTK:FujianPingtanOceanFisheryGroupCo.LtdMember 2024-12-17 0001782309 EDTK:FujianPingtanOceanFisheryGroupCo.LtdMember 2024-04-01 2025-03-31 0001782309 2024-09-30 0001782309 2024-04-01 2025-03-17 0001782309 EDTK:FujianPingtanOceanFisheryGroupCo.LtdMember 2026-03-30 0001782309 us-gaap:SubsequentEventMember EDTK:EquityTransferAgreementMember 2026-08-01 2026-08-31 0001782309 us-gaap:SubsequentEventMember 2026-08-01 2026-08-01 0001782309 EDTK:WuxiTalentMember 2021-08-05 0001782309 EDTK:WuxiTalentMember 2022-08-05 2022-08-05 0001782309 EDTK:WuxiTalentMember 2023-07-23 2023-07-23 0001782309 EDTK:WuxiTalentMember 2023-10-01 2023-10-31 0001782309 EDTK:WuxiTalentMember 2024-04-01 2025-03-31 0001782309 EDTK:ServerHardwareMember 2025-03-31 0001782309 us-gaap:VehiclesMember 2025-03-31 0001782309 EDTK:OperatingRightOfUseAssetsShenzhenWanMember 2025-03-31 0001782309 EDTK:OperatingRightOfUseAssetsShenzhenWanMember 2026-03-31 0001782309 EDTK:OperatingLeaseLiabilityShenzhenWanMember 2025-03-31 0001782309 EDTK:OperatingLeaseLiabilityShenzhenWanMember 2026-03-31 0001782309 EDTK:BinFuMember EDTK:PromissoryNotePurchaseAgreementMember 2024-09-24 0001782309 EDTK:XuejunJiMember EDTK:PromissoryNotePurchaseAgreementMember 2024-09-24 0001782309 EDTK:PengWangMember EDTK:PromissoryNotePurchaseAgreementMember 2024-09-24 0001782309 EDTK:PromissoryNotePurchaseAgreementMember 2024-09-24 0001782309 EDTK:BinFuMember EDTK:PromissoryNotePurchaseAgreementMember 2026-03-31 0001782309 EDTK:PengWangMember EDTK:PromissoryNotePurchaseAgreementMember 2026-03-31 0001782309 EDTK:XuejunJiMember EDTK:PromissoryNotePurchaseAgreementMember 2026-03-31 0001782309 EDTK:PromissoryNotePurchaseAgreementMember 2025-04-01 2026-03-31 0001782309 EDTK:PromissoryNotePurchaseAgreementMember 2024-04-01 2025-03-31 0001782309 EDTK:TechnicalServicesRevenueMember 2025-04-01 2026-03-31 0001782309 EDTK:TechnicalServicesRevenueMember 2024-04-01 2025-03-31 0001782309 EDTK:TechnicalServicesRevenueMember 2023-04-01 2024-03-31 0001782309 EDTK:OnlineVIPMembershipRevenueMember 2025-04-01 2026-03-31 0001782309 EDTK:OnlineVIPMembershipRevenueMember 2024-04-01 2025-03-31 0001782309 EDTK:OnlineVIPMembershipRevenueMember 2023-04-01 2024-03-31 0001782309 EDTK:OnlineSvipMembershipRevenueMember 2025-04-01 2026-03-31 0001782309 EDTK:OnlineSvipMembershipRevenueMember 2024-04-01 2025-03-31 0001782309 EDTK:OnlineSvipMembershipRevenueMember 2023-04-01 2024-03-31 0001782309 country:HK 2025-04-01 2026-03-31 0001782309 srt:MaximumMember country:HK 2025-04-01 2026-03-31 0001782309 country:HK EDTK:AssessableProfitsMember 2025-04-01 2026-03-31 0001782309 country:CN 2025-04-01 2026-03-31 0001782309 country:CN 2026-03-31 0001782309 EDTK:TechnicalServicesMember 2025-04-01 2026-03-31 0001782309 country:CN 2024-04-01 2025-03-31 0001782309 country:CN 2023-04-01 2024-03-31 0001782309 EDTK:NonPeoplesRepublicOfChinaMember 2025-04-01 2026-03-31 0001782309 EDTK:NonPeoplesRepublicOfChinaMember 2024-04-01 2025-03-31 0001782309 EDTK:NonPeoplesRepublicOfChinaMember 2023-04-01 2024-03-31 0001782309 country:CN us-gaap:DomesticTaxJurisdictionFederalStateAndLocalMember 2025-04-01 2026-03-31 0001782309 country:KY us-gaap:ForeignCountryMember 2025-04-01 2026-03-31 0001782309 country:HK us-gaap:ForeignCountryMember 2025-04-01 2026-03-31 0001782309 country:SG us-gaap:ForeignCountryMember 2025-04-01 2026-03-31 0001782309 country:US us-gaap:ForeignCountryMember 2025-04-01 2026-03-31 0001782309 2024-05-10 2024-05-10 0001782309 2024-05-10 0001782309 srt:ChiefExecutiveOfficerMember 2024-05-10 2024-05-10 0001782309 srt:ChiefFinancialOfficerMember 2024-05-10 2024-05-10 0001782309 2024-10-01 2024-10-01 0001782309 srt:ChiefExecutiveOfficerMember 2024-10-01 2024-10-01 0001782309 srt:ChiefFinancialOfficerMember 2024-10-01 2024-10-01 0001782309 srt:DirectorMember 2024-10-01 2024-10-01 0001782309 2025-05-01 2025-05-01 0001782309 2025-05-01 0001782309 srt:ChiefExecutiveOfficerMember us-gaap:SeriesAPreferredStockMember 2025-07-02 2025-07-02 0001782309 2024-10-01 0001782309 2025-10-15 0001782309 us-gaap:SeriesAPreferredStockMember 2025-07-02 0001782309 us-gaap:SeriesAPreferredStockMember 2025-07-02 2025-07-02 0001782309 us-gaap:SeriesBPreferredStockMember 2025-10-10 0001782309 us-gaap:SeriesBPreferredStockMember 2026-03-31 0001782309 us-gaap:SeriesBPreferredStockMember 2025-04-01 2026-03-31 0001782309 2020-07-01 2020-07-31 0001782309 2025-06-30 0001782309 EDTK:XiaofengGaoMember 2025-04-01 2026-03-31 0001782309 EDTK:BinFuMember 2025-04-01 2026-03-31 0001782309 EDTK:PengWangMember 2025-04-01 2026-03-31 0001782309 EDTK:XuejunJiMember 2025-04-01 2026-03-31 0001782309 EDTK:HunanMedicalStarTechnologyCoLtdMember 2025-04-01 2026-03-31 0001782309 EDTK:WuxiKingwayTechnologyCoLtdMember 2025-04-01 2026-03-31 0001782309 EDTK:ColumbusDigitalTechnologyShenzhenCoLtdMember 2025-04-01 2026-03-31 0001782309 EDTK:XiaofengGaoMember 2026-03-31 0001782309 EDTK:XiaofengGaoMember 2025-03-31 0001782309 EDTK:XuejunJiMember 2026-03-31 0001782309 EDTK:XuejunJiMember 2025-03-31 0001782309 EDTK:BinFuMember 2026-03-31 0001782309 EDTK:BinFuMember 2025-03-31 0001782309 EDTK:ShenzhenMember 2026-03-31 0001782309 EDTK:ShenzhenMember 2025-03-31 0001782309 EDTK:PengWangMember 2026-03-31 0001782309 EDTK:PengWangMember 2025-03-31 0001782309 EDTK:WuxiKingwayMember 2026-03-31 0001782309 EDTK:WuxiKingwayMember 2025-03-31 0001782309 EDTK:ShenzhenMember 2025-04-01 2026-03-31 0001782309 EDTK:MrGaoMember 2026-03-31 0001782309 EDTK:PromissoryNotesMember EDTK:XuejunJiMember 2025-04-01 2026-03-31 0001782309 EDTK:PromissoryNotesMember EDTK:BinFuMember 2025-04-01 2026-03-31 0001782309 EDTK:PromissoryNotesMember EDTK:PengWangMember 2025-04-01 2026-03-31 0001782309 EDTK:WuxiKingwayMember 2025-04-01 2026-03-31 0001782309 EDTK:XiaofengGaoMember 2025-04-01 2026-03-31 0001782309 EDTK:XiaofengGaoMember 2024-04-01 2025-03-31 0001782309 EDTK:XiaofengGaoMember 2023-04-01 2024-03-31 0001782309 EDTK:XuejunJiMember 2024-04-01 2025-03-31 0001782309 EDTK:XuejunJiMember 2023-04-01 2024-03-31 0001782309 EDTK:BinFuMember 2025-04-01 2026-03-31 0001782309 EDTK:BinFuMember 2024-04-01 2025-03-31 0001782309 EDTK:BinFuMember 2023-04-01 2024-03-31 0001782309 EDTK:PengWangMember 2024-04-01 2025-03-31 0001782309 EDTK:PengWangMember 2023-04-01 2024-03-31 0001782309 EDTK:MedicalStarMember 2025-04-01 2026-03-31 0001782309 EDTK:MedicalStarMember 2024-04-01 2025-03-31 0001782309 EDTK:MedicalStarMember 2023-04-01 2024-03-31 0001782309 us-gaap:SubsequentEventMember 2026-06-25 2026-06-25 0001782309 us-gaap:SeriesBPreferredStockMember us-gaap:SubsequentEventMember 2026-07-01 2026-07-31 0001782309 us-gaap:SeriesBPreferredStockMember us-gaap:SubsequentEventMember 2026-07-31 0001782309 us-gaap:SubsequentEventMember 2026-07-31 0001782309 EDTK:FujianPingtanOceanFisheryGroupCo.LtdMember us-gaap:SubsequentEventMember 2026-08-01 0001782309 srt:ParentCompanyMember srt:ReportableLegalEntitiesMember 2026-03-31 0001782309 srt:ParentCompanyMember srt:ReportableLegalEntitiesMember 2025-03-31 0001782309 srt:ParentCompanyMember srt:ReportableLegalEntitiesMember EDTK:SubsidiariesAndVIEMember 2026-03-31 0001782309 srt:ParentCompanyMember srt:ReportableLegalEntitiesMember EDTK:SubsidiariesAndVIEMember 2025-03-31 0001782309 srt:ParentCompanyMember srt:ReportableLegalEntitiesMember us-gaap:RelatedPartyMember 2026-03-31 0001782309 srt:ParentCompanyMember srt:ReportableLegalEntitiesMember us-gaap:RelatedPartyMember 2025-03-31 0001782309 srt:ParentCompanyMember srt:ReportableLegalEntitiesMember 2025-04-01 2026-03-31 0001782309 srt:ParentCompanyMember srt:ReportableLegalEntitiesMember 2024-04-01 2025-03-31 0001782309 srt:ParentCompanyMember srt:ReportableLegalEntitiesMember 2023-04-01 2024-03-31 iso4217:USD shares iso4217:USD shares pure iso4217:HKD iso4217:CNY EDTK:Integer false FY 0001782309

http://fasb.org/us-gaap/2026#IncomeTaxExpenseBenefit

20-F false true 2026-03-31 --03-31 2026 false false 001-39360 Skillful Craftsman Education Technology Limited E9 7th Floor, West Lobby, Building 7B Shenzhen Bay Science and Technology Ecological Park Nanshan District Shenzhen CN 518063 Bin Fu (86) 0755 26652763 7th Floor, West Lobby, Building 7B Shenzhen Bay Science and Technology Ecological Park Nanshan District Shenzhen CN 518063 Ordinary shares, par value $0.0002 per share EDTK NASDAQ 16199451 0.0002 No No Yes Yes Non-accelerated Filer false false false U.S. GAAP false true Cybersecurity Risk Management and Strategy To maintain a consistently high level of service experience for our clients, preserve the confidentiality, integrity, and availability of our information systems, safeguard our assets, data, intellectual property, and network infrastructure, while meeting regulatory requirements, it is crucial to effectively manage cybersecurity risks. To achieve this, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_901_ecyd--CybersecurityRiskManagementProcessesIntegratedTextBlock_c20250401__20260331_zDO12aJ2wK6j">we have implemented a comprehensive cybersecurity risk management framework, which is <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_902_ecyd--CybersecurityRiskManagementProcessesIntegratedFlag_dbT_c20250401__20260331_zEMTTpBqDTN7">integrated in our overall enterprise risk management system and processes and is internally managed. Our dedicated cybersecurity staff is tasked with assessing, identifying and managing risks related to cybersecurity threats and, under the leadership of our head of cybersecurity, is responsible for: ● risk assessments designed to help identify material cybersecurity risks to our critical systems, information, products, services, and our broader enterprise IT environment; ● development of risk-based action plans to manage identified vulnerabilities and implementation of new protocols and infrastructure improvements; ● cybersecurity incident investigations; ● monitoring threats to sensitive data and unauthorized access to our systems; ● secure access control measures applied to critical IT systems, equipment and devices, designed to prevent unauthorized users, processes, and devices from assessing IT systems and data; ● developing and executing protocols to ensure that information regarding cybersecurity incidents is promptly shared with the board of directors, as appropriate, to allow for risk and materiality assessments and to consider disclosure and notice requirements; and ● developing and implementing training on cybersecurity, information security and threat awareness. There were no cybersecurity incidents during the year ended March 31, 2025, that resulted in an interruption to our operations, known losses of any critical data or otherwise had a material impact on our strategy, financial condition or results of operations. However, the scope and impact of any future incident cannot be predicted. See “Item 3D—Risk Factors” for more information on how material cybersecurity attacks may impact our business. we have implemented a comprehensive cybersecurity risk management framework, which is <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_902_ecyd--CybersecurityRiskManagementProcessesIntegratedFlag_dbT_c20250401__20260331_zEMTTpBqDTN7">integrated in our overall enterprise risk management system and processes and is internally managed. true Governance Our board of directors acknowledges the significance of robust cybersecurity management programs and actively participates in overseeing and reviewing our cybersecurity risk profile and exposures. The board of directors receives reports on cybersecurity risks, including recent legislative developments and evolving standards on cybersecurity, key issues, priorities and challenges in our cybersecurity management, and relevant data or metrics. The board of directors also receives prompt and timely information regarding any significant cybersecurity incidents, as well as ongoing updates regarding any such incidents. Furthermore, in the event of any significant updates or adjustments to our cybersecurity related policies, the head of cybersecurity will present them to the board of directors for their review and approval. Our head of cybersecurity leads the overall assessment, identification and management of risks related to cybersecurity threats. He works collaboratively within our Group and receives regular briefings on cybersecurity matters, such as report on cybersecurity incidents and responses and remedial measures. Our head of cybersecurity has more than 10 years of relevant experience in risk management, cybersecurity and information technology. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_90C_ecyd--CybersecurityRiskProcessForInformingBoardCommitteeOrSubcommitteeResponsibleForOversightTextBlock_c20250401__20260331_ztg7Ydxu7tOi">Our head of cybersecurity and their dedicated staff are responsible for the daily management of our cybersecurity efforts. This includes updates and refinement of cybersecurity policies, execution and management of cybersecurity measures, and the preparation of regular reports on cybersecurity execution. Their primary focus is to consistently update our cybersecurity programs and mitigation strategies, ensuring they align with industry best practices and procedures. Our head of cybersecurity and their dedicated staff are responsible for the daily management of our cybersecurity efforts. 7254 7000 6706 We have audited the accompanying consolidated balance sheet of Skillful Craftsman Education Technology Limited (the “Company”) as of March 31, 2026, the related consolidated statements of operations and comprehensive loss, changes in shareholders’ equity and cash flows for the year ended March 31, 2026, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of March 31, 2026, and the results of its operations and its cash flows for the year ended March 31, 2026, in conformity with accounting principles generally accepted in the United States of America. Guangdong Prouden CPAs GP Guangzhou, China HTL International, LLC Houston, Texas TPS Thayer, LLC Sugar Land, Texas

243204

1217968

53888

53461

8411

30983

93686

305503

1396098

8225637

13159074

17552

35115

100621

566853

8243189

13861663

8548692

15257761

219298

221393

109013

73159

425297

516613

100621

1000000 600000

1753608

1511786

1753608

1511786

0.0002

500000000

16199451

15929451

3240

3186

0.0002

5000000

1000000

200

19072173

17872227

40590

-12731341

-4232288

410222

62260

6795084

13745975

8548692

15257761

14133

893690

6996

194582

145753

7137

699108

-145753

12991

2202015

1739759

1350868

434854

2649860

1739759

1350868

-2642723

-1040651

-1496621

27581

3312

11455

49482

12000

13138

-11073

-1085

-42824

-115247

5305764

1819678

4334717

696764

154961

-3075

723910

-8499053

-2925989

-5212305

53048

-27273

-8499053

-2979037

-5185032

-1451327

462886

-3151088

-4602415

462886

-8499053

-7581452

-4722146

347962

107698

-733539

-8151091

-7473754

-5455685

-0.51

-0.19

-0.34

-0.29

0.03

16769492

15876848

15444947

14900000

2980

19055407

745590

8111900

-961635

26954242

-4722146

549451

110

-110

-733539

15449451

3090

19055297

745590

3389754

-1695174

21498557

-7581452

480000

436704

436800

40590 -40590 -1619774 -745590 1649736 -715628

107698

15929451

3186

17872227

40590

-4232288

62260

13745975

-8499053

270000

1000000

200

1199946

1200200

347962

16199451

3240

1000000

200

19072173

40590

-12731341

410222

6795084

-8499053

-7581452

-4722146

-4602415

462886

-8499053

-2979037

-5185032

18459

18306

18356

70112

102079

97803

166872

-11073 -1085 26430

5305764

1819678

175802

696764

4171039

162500

1050350

436800

-287033

427

-63838

9155

566853

-22572

93686

49482

77997

20223

-1652

9052

410136

-707425

-2095

27916

-56418

-100621

-97803

-224822

-28241

-1296107

-831606

-1159946

-3182287

-1500154

-1296107

-4013893

-2660100

4788

400000 600000

12478

61297

351181

600000

351181

600000

-29838

2353738

-510483

-29838

704002

49453

1649736

-559936

-974764

-1060155

-3165795

-974764

472396

-1110493

-1532551

-2055302

1217968

745572

1856065

17087419

19142721

1217968 17832991 20998786

243204

16772836

17832991

15554868 17087419

243204

1217968

745572

6442

23723

110

<p id="xdx_80A_eus-gaap--OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_zeZeokYXPJIe" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">1.</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Organization and basis of financial statements</td></tr> </table> Skillful Craftsman Education Technology Limited (“the Company” or “the Group”) is an exempted company incorporated under the laws of Cayman Islands on June 14, 2019. The Group operates its business primarily through its subsidiaries established in the PRC. The Group is currently engaged in the provision of AI algorithm consulting and AI-powered communication learning services. The Company’s shareholders approved the full termination of all VIE contractual arrangements at an extraordinary general meeting. All termination and equity pledge release agreements were formally executed and became effective on March 17, 2025. Upon termination, all equity pledges held by the WOFE over the VIE’s shares were fully released, and the Group lost all contractual control rights over Wuxi Kingway Technology Co., Ltd. (“Wuxi Kingway”)’s business, assets and cash flows. The VIE was fully deconsolidated under ASC 810, with its previously recorded restricted net assets excluded from current period computation. Details of the Company’s consolidated subsidiaries were as follows: Schedule of company's consolidated subsidiaries <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Percentage</td><td style="font-weight: bold"> </td><td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">of direct or</td><td style="font-weight: bold"> </td><td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">indirect</td><td style="font-weight: bold"> </td><td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">ownership</td><td style="font-weight: bold"> </td><td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Date of</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Place of</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">by the</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: center">Principal</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Name of Entity</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">incorporation</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">incorporation</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Company</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">activities</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">Subsidiaries:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: center"> </td><td style="text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold; text-align: center">Direct</td><td style="font-weight: bold; text-align: left"> </td><td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 22%; text-align: left">Easy Skills Technology Limited (“Hong Kong ES”)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: center"><span id="xdx_904_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipDate_dd_c20250401__20260331__srt--ConsolidatedEntitiesAxis__custom--EasySkillsTechnologyLimitedMember_zzetAak6IqNb" title="Date of incorporation">December 24, 2018</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: center"> </td><td style="width: 16%; text-align: center"><span id="xdx_902_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipState_dd_c20250401__20260331__srt--ConsolidatedEntitiesAxis__custom--EasySkillsTechnologyLimitedMember_zYVbT2SSK9E9" title="Place of incorporation">HK</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right"><span id="xdx_909_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest_pid_dp_uPure_c20250401__20260331__srt--OwnershipAxis__custom--EasySkillsTechnologyLimitedMember_z76WIsFmhJ5d" title="Percentage of direct ownership by the company">100</td><td style="width: 1%; text-align: left">%</td><td style="width: 2%"> </td> <td style="width: 16%; text-align: center"><span id="xdx_900_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipBusinessPurpose_c20250401__20260331__srt--ConsolidatedEntitiesAxis__custom--EasySkillsTechnologyLimitedMember_zaVtA59UiBI6" title="Principal activities">Holding company</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Skillful Craftsman Network Technology (Wuxi) Co., Ltd. (“WOFE” or “Craftsman Wuxi”)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: center"><span id="xdx_90B_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipDate_dd_c20250401__20260331__srt--ConsolidatedEntitiesAxis__custom--SkillfulCraftsmanNetworkTechnologyWuxiCoLtdMember_zy9CnpiaTzD2" title="Date of incorporation">January 16, 2019</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td style="text-align: center"><span id="xdx_909_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipState_dd_c20250401__20260331__srt--ConsolidatedEntitiesAxis__custom--SkillfulCraftsmanNetworkTechnologyWuxiCoLtdMember_zLfIIEywRRUg" title="Place of incorporation">PRC</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_907_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest_pid_dp_uPure_c20250401__20260331__srt--OwnershipAxis__custom--SkillfulCraftsmanNetworkTechnologyWuxiCoLtdMember_z4FLT34rxu7d" title="Percentage of direct ownership by the company">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: center"><span id="xdx_90D_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipBusinessPurpose_c20250401__20260331__srt--ConsolidatedEntitiesAxis__custom--SkillfulCraftsmanNetworkTechnologyWuxiCoLtdMember_zVXmx06Ckew8" title="Principal activities">Investment holding</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Shenzhen Jisen Information Tech Limited (“Jisen Information”)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: center"><span id="xdx_901_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipDate_dd_c20250401__20260331__srt--ConsolidatedEntitiesAxis__custom--ShenzhenJisenInformationTechLimitedMember_zSd5NT6ANvpl" title="Date of incorporation">December 8, 2014</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td style="text-align: center"><span id="xdx_90E_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipState_dd_c20250401__20260331__srt--ConsolidatedEntitiesAxis__custom--ShenzhenJisenInformationTechLimitedMember_zkrCBpwFbkU3" title="Place of incorporation">PRC</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90E_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest_pid_dp_uPure_c20250401__20260331__srt--OwnershipAxis__custom--ShenzhenJisenInformationTechLimitedMember_zHhMPVSFCr1c" title="Percentage of direct ownership by the company">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: center"><span id="xdx_909_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipBusinessPurpose_c20250401__20260331__srt--ConsolidatedEntitiesAxis__custom--ShenzhenJisenInformationTechLimitedMember_zikA1wZjK7cj" title="Principal activities">Financial education and services</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Giga Learning Inc (“GIGA”)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: center"><span id="xdx_904_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipDate_dd_c20250401__20260331__srt--ConsolidatedEntitiesAxis__custom--GigaLearningIncMember_zR69blH6Cbid" title="Date of incorporation">November 19, 2024</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td style="text-align: center"><span id="xdx_90F_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipState_dd_c20250401__20260331__srt--ConsolidatedEntitiesAxis__custom--GigaLearningIncMember_z1HfUbJPGEw9" title="Place of incorporation">USA</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90C_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest_pid_dp_uPure_c20250401__20260331__srt--OwnershipAxis__custom--GigaLearningIncMember_zVjz5mwnH4U9" title="Percentage of direct ownership by the company">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: center"><span id="xdx_902_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipBusinessPurpose_c20250401__20260331__srt--ConsolidatedEntitiesAxis__custom--GigaLearningIncMember_zDDJK4Jls5kl" title="Principal activities">Vocational education</td></tr> </table> SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

Details of the Company’s consolidated subsidiaries were as follows: Schedule of company's consolidated subsidiaries <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Percentage</td><td style="font-weight: bold"> </td><td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">of direct or</td><td style="font-weight: bold"> </td><td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">indirect</td><td style="font-weight: bold"> </td><td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">ownership</td><td style="font-weight: bold"> </td><td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Date of</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Place of</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">by the</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: center">Principal</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Name of Entity</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">incorporation</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">incorporation</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Company</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">activities</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">Subsidiaries:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: center"> </td><td style="text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold; text-align: center">Direct</td><td style="font-weight: bold; text-align: left"> </td><td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 22%; text-align: left">Easy Skills Technology Limited (“Hong Kong ES”)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: center"><span id="xdx_904_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipDate_dd_c20250401__20260331__srt--ConsolidatedEntitiesAxis__custom--EasySkillsTechnologyLimitedMember_zzetAak6IqNb" title="Date of incorporation">December 24, 2018</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: center"> </td><td style="width: 16%; text-align: center"><span id="xdx_902_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipState_dd_c20250401__20260331__srt--ConsolidatedEntitiesAxis__custom--EasySkillsTechnologyLimitedMember_zYVbT2SSK9E9" title="Place of incorporation">HK</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right"><span id="xdx_909_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest_pid_dp_uPure_c20250401__20260331__srt--OwnershipAxis__custom--EasySkillsTechnologyLimitedMember_z76WIsFmhJ5d" title="Percentage of direct ownership by the company">100</td><td style="width: 1%; text-align: left">%</td><td style="width: 2%"> </td> <td style="width: 16%; text-align: center"><span id="xdx_900_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipBusinessPurpose_c20250401__20260331__srt--ConsolidatedEntitiesAxis__custom--EasySkillsTechnologyLimitedMember_zaVtA59UiBI6" title="Principal activities">Holding company</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Skillful Craftsman Network Technology (Wuxi) Co., Ltd. (“WOFE” or “Craftsman Wuxi”)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: center"><span id="xdx_90B_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipDate_dd_c20250401__20260331__srt--ConsolidatedEntitiesAxis__custom--SkillfulCraftsmanNetworkTechnologyWuxiCoLtdMember_zy9CnpiaTzD2" title="Date of incorporation">January 16, 2019</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td style="text-align: center"><span id="xdx_909_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipState_dd_c20250401__20260331__srt--ConsolidatedEntitiesAxis__custom--SkillfulCraftsmanNetworkTechnologyWuxiCoLtdMember_zLfIIEywRRUg" title="Place of incorporation">PRC</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_907_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest_pid_dp_uPure_c20250401__20260331__srt--OwnershipAxis__custom--SkillfulCraftsmanNetworkTechnologyWuxiCoLtdMember_z4FLT34rxu7d" title="Percentage of direct ownership by the company">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: center"><span id="xdx_90D_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipBusinessPurpose_c20250401__20260331__srt--ConsolidatedEntitiesAxis__custom--SkillfulCraftsmanNetworkTechnologyWuxiCoLtdMember_zVXmx06Ckew8" title="Principal activities">Investment holding</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Shenzhen Jisen Information Tech Limited (“Jisen Information”)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: center"><span id="xdx_901_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipDate_dd_c20250401__20260331__srt--ConsolidatedEntitiesAxis__custom--ShenzhenJisenInformationTechLimitedMember_zSd5NT6ANvpl" title="Date of incorporation">December 8, 2014</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td style="text-align: center"><span id="xdx_90E_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipState_dd_c20250401__20260331__srt--ConsolidatedEntitiesAxis__custom--ShenzhenJisenInformationTechLimitedMember_zkrCBpwFbkU3" title="Place of incorporation">PRC</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90E_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest_pid_dp_uPure_c20250401__20260331__srt--OwnershipAxis__custom--ShenzhenJisenInformationTechLimitedMember_zHhMPVSFCr1c" title="Percentage of direct ownership by the company">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: center"><span id="xdx_909_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipBusinessPurpose_c20250401__20260331__srt--ConsolidatedEntitiesAxis__custom--ShenzhenJisenInformationTechLimitedMember_zikA1wZjK7cj" title="Principal activities">Financial education and services</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Giga Learning Inc (“GIGA”)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: center"><span id="xdx_904_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipDate_dd_c20250401__20260331__srt--ConsolidatedEntitiesAxis__custom--GigaLearningIncMember_zR69blH6Cbid" title="Date of incorporation">November 19, 2024</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td style="text-align: center"><span id="xdx_90F_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipState_dd_c20250401__20260331__srt--ConsolidatedEntitiesAxis__custom--GigaLearningIncMember_z1HfUbJPGEw9" title="Place of incorporation">USA</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90C_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest_pid_dp_uPure_c20250401__20260331__srt--OwnershipAxis__custom--GigaLearningIncMember_zVjz5mwnH4U9" title="Percentage of direct ownership by the company">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: center"><span id="xdx_902_eus-gaap--SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipBusinessPurpose_c20250401__20260331__srt--ConsolidatedEntitiesAxis__custom--GigaLearningIncMember_zDDJK4Jls5kl" title="Principal activities">Vocational education</td></tr> </table>

2018-12-24

Holding company

2019-01-16

PRC

Investment holding

2014-12-08

PRC

Financial education and services

2024-11-19

USA

Vocational education

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">2.</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Summary of Significant Accounting Policies</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">a)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Basis of presentation</td></tr> </table> The accompanying consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”), and with the rules and regulations of the United States Securities and Exchange Commission (the “SEC”). <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">b)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Principles of consolidation</td></tr> </table> The consolidated financial statements include the financial statements of the Company, and its subsidiaries. All significant inter-company transactions and balances between the Company and its subsidiaries have been eliminated upon consolidation. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">c)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Use of estimates</td></tr> </table> In preparing the consolidated financial statements in conformity with US GAAP, management makes estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates are based on information as of the date of the consolidated financial statements. Significant estimates required to be made by management include, but are not limited to, the allowance of credit losses of accounts receivable, current and non-current amounts due from related parties, prepayments and other receivables, valuation of share-based compensation and valuation of long-term investments, valuation allowance for deferred tax assets, useful lives of property and equipment and intangible assets, the recoverability of long-lived assets, and discount rates applied in measuring right-of-use assets and lease liabilities. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">d)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Cash</td></tr> </table> Cash includes cash on hand, bank accounts, interest bearing savings accounts. The Group maintains most of the bank accounts in the PRC. As of March 31, 2026 and 2025, the Group’s bank deposits were held in financial institutions located in the PRC. Bank deposits held in the PRC are insured by the Deposit Insurance Scheme administered by the People’s Bank of China, which provides coverage up to RMB 500,000 per depositor per insured institution. The Group maintains its bank accounts with reputable financial institutions and, based on information currently available to management, believes that the risk of loss arising from bank failure is remote. To date, the Group has not experienced any losses in such accounts. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">e)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Accounts receivable, net</td></tr> </table> Accounts receivable represent revenue recognized for the amounts due from customers for revenue recognized when the Group has satisfied its performance obligation and recognized revenue. These receivables are uncollateralized, which include amounts earned less payments received and allowances for expected credit losses. Management continually monitors and adjusts its allowances associated with the Group’s receivables to address any credit risks associated with the accounts receivable, and periodically writes off receivables when collection is not considered probable. The Group does not charge interest on past due accounts. When uncertainty exists as to the collection of receivables, the Group records an allowance for expected credit losses and a corresponding charge to expected credit losses expense. f) Expected credit losses Commencing April 1, 2023, the Group adopted ASC326, Financial Instruments-Credit Losses (“ASC326”), using modified-retrospective transition approach. ASC 326 requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to better inform their expected credit loss estimates. Pursuant to ASC 326, an allowance for expected credit losses for financial assets is carried at amortized cost to present the net amount expected to be collected as of the balance sheet date. Such allowance is based on expected credit losses expected to arise over the life of the financial asset’s contractual term, which includes consideration of accounts receivable, prepayments and other current assets, current and non-current amounts due from related parties, other receivables, etc. Assets are written off when the Group determines that such financial assets are deemed uncollectible and are recognized as a deduction from the allowance for expected credit losses. Expected recoveries of amounts previously written off, not to exceed the aggregate of the amount previously written off, are included in determining the necessary reserve at the balance sheet date. Following the adoption of this guidance, no cumulative-effect adjustment in accumulated deficit was recognized as of April 1, 2023. The adoption of ASC 326 did not have an impact on the Group’s financial statements. The Group pools financial assets based on similar risk characteristics to estimate expected credit losses. The Group estimates expected credit losses on financial assets individually when those assets do not share similar risk characteristics. The Group has adopted an aging schedule and individual method to calculate expected credit loss and considered the relevant factors of the historical and future conditions of the Group to make reasonable estimation of the loss rate. The Group’s allowance for credit losses was $696,764 and $160,616 respectively as of March 31, 2026 and March 31, 2025. SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">g)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Long-term investment</td></tr> </table> Long-term investments represent the Group’s investment in privately held company. The Group applies the equity method of accounting to account for an equity investment, in common stock or in-substance common stock, according to ASC Topic 323, Investment—Equity Method and Joint Ventures (“ASC 323”), over which it has significant influence but does not own a majority equity interest or otherwise control. Under the equity method, the Group’s share of the post-acquisition profits or losses of the equity investees are recorded in share of results of equity investees in the consolidated statements of operations and comprehensive income/(loss) and its share of post-acquisition movements of accumulated other comprehensive income/(loss) are recorded in accumulated other comprehensive income/(loss) as a component of shareholders’ equity. The Group records its share of the results of equity investments on one quarter in arrears basis. When the Group’s share of losses in the equity investee equals or exceeds its interest in the equity investee, the Group does not recognize further losses, unless the Group has incurred obligations or made payments or guarantees on behalf of the equity investee, or the Group holds other investments in the equity investee. When the Group loses significant influence over an investee while retaining its equity interest, equity method accounting is discontinued prospectively as of the date significant influence is lost, with no restatement of prior period financial statements. The total carrying amount of the investment under the equity method, including the Group’s cumulative share of the investee’s profit or loss, dividends received, historical impairment charges and related accumulated other comprehensive income, serves as the initial cost basis of the financial asset reclassified under ASC Topic 321, Investments—Equity Securities. No gain or loss is recognized upon the reclassification. Indicators of the loss of significant influence include the forfeiture of contractual rights to appoint board directors, together with the absence of other indicators of significant influence such as material recurring intercompany transactions, exclusive technical dependency and voting agreements. These privately held equity securities do not have readily determinable fair values, and the Group elects the measurement alternative practical expedient under ASC Topic 321, Investment—Equity Securities (“ASC 321”) for subsequent measurement. The Group applies the measurement alternative to equity securities without readily determinable fair values. Under this alternative, the investments are measured at cost, less impairment, if any, adjusted for observable price changes resulting from orderly transactions for identical or similar investments of the same issuer, with all resulting adjustments recorded in net income; the updated fair value becomes the new cost basis for subsequent measurement. For investments denominated in Renminbi, the exchange rate as of the reclassification date is retained as the baseline conversion rate; the exchange rate is only updated upon impairment recognition or fair value remeasurement, and all resulting foreign exchange fluctuations are recorded in net income. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">h)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Property and equipment, net</td></tr> </table> Property and equipment are recorded at cost including the cost of improvements and stated at cost less accumulated depreciation. Maintenance and repairs are charged to expense as incurred. Depreciation and amortization are provided on the straight-line method based on the estimated useful lives of the assets as follows: Schedule of estimated useful lives of assets <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 80%; text-align: left">Server hardware</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">5 years</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Vehicles</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5 years</td><td style="text-align: left"> </td></tr> </table> Expenditures for maintenance and repairs, which do not materially extend the useful lives of the assets, are charged to expense as incurred. Expenditures for major renewals and betterment which substantially extend the useful life of assets are capitalized. The cost and related accumulated depreciation of assets retired or sold are removed from the respective accounts, and any gain or loss is recognized in the consolidated statements of operations and comprehensive income in other income or expenses. Direct costs that are related to the construction of property and equipment and incurred in connection with bringing the assets to their intended use are capitalized as construction in progress. Construction in progress is transferred to specific property and equipment, and the depreciation of these assets commences when the assets are ready for their intended use. SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">i)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Lease</td></tr> </table> Leases are classified at lease commencement date as either a finance lease or an operating lease. A lease is a finance lease if it meets any of the following criteria: (a) the lease transfers ownership of the underlying asset to the lessee by the end of the lease term. (b) the lease grants the lessee an option to purchase the underlying asset that the lessee is reasonably certain to exercise, (c) the lease term is for the major part of the remaining economic life of the underlying asset, (d) the present value of the sum of the lease payments and any residual value guaranteed by the lessee that is not already reflected in the lease payments equals or exceeds substantially all of the fair value of the underlying asset or (e) the underlying asset is of such a specialized nature that it is expected to have no alternative use to the lessor at the end of the lease term. When none of the foregoing criteria is met, the lease shall be classified as an operating lease. For a lessee, an operating lease is recognized as a right-of-use asset with a corresponding liability at lease commencement date. The lease liability is calculated at the present value of the lease payments not yet paid by using the lease term and discount rate determined at lease commencement. The right-of-use asset is calculated as the lease liability, increased by any initial direct costs and prepaid lease payments, reduced by any lease incentives received before lease commencement. The right-of-use asset itself is amortized on systematic method reflects how the underlying asset will be used by and benefits the lessee over the lease term. The Company estimates its incremental borrowing rate for its leases at the commencement date to determine the present value of future lease payments when the implicit rate is not readily determinable in the lease. In estimating its incremental borrowing rate, the Company considers its credit rating and publicly available data of borrowing rates for loans of similar amount, currency and term as the lease. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">j)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Impairment of long-lived assets</td></tr> </table> The Group evaluates its long-lived assets with finite lives for impairment in accordance with ASC 360-10 whenever events or changes in circumstances (such as a significant adverse change to market conditions that will impact the future use of the assets) indicate that the carrying amount of an asset may not be fully recoverable. When these events occur, the Group evaluates the impairment by comparing carrying amount of the assets to an estimate of future undiscounted cash flows expected to be generated from the use of the assets and their eventual disposition. If the sum of the expected future undiscounted cash flows is less than the carrying amount of the assets, the Group recognizes an impairment loss based on the excess of the carrying amount of the long-lived assets over their fair value. SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">k)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Fair value of financial instruments</td></tr> </table> ASC 825-10 requires certain disclosures regarding the fair value of financial instruments. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A three-level fair value hierarchy prioritizes the inputs used to measure fair value. The hierarchy requires entities to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels of inputs used to measure fair value are as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Level 1 - Quoted prices in active markets for identical assets and liabilities.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Level 2 - Quoted prices in active markets for similar assets and liabilities, or other inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Level 3 - Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets and liabilities. This includes certain pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs.</td></tr> </table> Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (i.e., an exit price) in an orderly transaction between market participants in the principal or most advantageous market as of the measurement date. The carrying amounts of the Group’s short-term financial instruments — including cash, other receivables, amounts due from related parties, prepaid expenses and other current assets, accounts payable, amounts due to related parties, related party promissory notes, and other current liabilities — approximate their respective fair values due to their short-term maturities. The carrying amounts of the Group’s long-term interest-bearing receivables approximate their respective fair values as the interest rates applied are commensurate with current market rates for similar instruments. In addition, the Group’s long-term investment measured under ASC321 was impaired on March 31, 2026 to the fair value determined based on the amount attributable to contractual sale prices set forth in a fully executed purchase and sale agreements. Accordingly, the fair value measurement of the investment is classified within Level 2 of the fair value hierarchy. <p id="xdx_845_eus-gaap--RevenueFromContractWithCustomerPolicyTextBlock_zvsXCvuSCaq8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-align: justify; text-indent: -0.25in"> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">l)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Revenue recognition</td></tr> </table> The Group has adopted Accounting Standards Codification Topic 606, “Revenue from Contracts with Customers” (“ASC 606”) effective as of April 1, 2018. Under ASC 606, the Group recognizes revenue when a customer obtains control of promised goods, in an amount that reflects the consideration which the Group expects to receive in exchange for the goods. To determine revenue recognition for arrangements within the scope of ASC 606, the Group performs the following five steps: (1) identify the contracts with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract; and (5) recognize revenue when or as the entity satisfies a performance obligation. The Group applies the five-step model to contracts when it is probable that the entity will collect the consideration it is entitled to in exchange for the goods it transfers to the customer. Historically, the Company’s revenue was principally derived from technology services, including software development and comprehensive cloud services provided to private companies, academic institutions and government agencies, which were recognized over time throughout the service period. Also, the Company generated revenue from software system sales for the purpose of intelligent office operation, resource scheduling and management for private companies in PRC, which were recognized upon the time the customer signs the acceptance note. Prior to the termination of the VIE structure on March 17, 2025, the Company also generated revenue from online VIP and SVIP membership education services through an online education platform operated by Wuxi Kingway. Such membership education services were recognized over time throughout the membership period. Upon the termination of the VIE structure, the Company ceased providing the online VIP and SVIP membership education services. During the fiscal year ended March 31, 2026, the Company provided AI API integration and communication technical services via its proprietary CSL intelligent communication system. Because customers do not have the contractual right to take possession of the software, nor can they host the software independently or through a third-party vendor, the arrangement is accounted for as a service contract rather than a software license. The services generally have a contract term of 12 months and are accounted for as a single performance obligation satisfied over time because the customer simultaneously receives and consumes the benefits of the services as they are provided. Revenue is recognized on a straight-line basis over the service term, which faithfully depicts the pattern of transfer of the services to customers. The transaction price generally consists of fixed monthly service fees. The Company does not provide material refunds, rebates, credits, or other forms of variable consideration. However, the contracts include service-level remedies for qualifying system downtime. Any resulting service fee abatements are considered variable consideration. Based on the Company’s historical experience, such abatements have been nil or immaterial, and the Company does not expect their inclusion in the transaction price to result in a significant revenue reversal. Accordingly, no material reduction to the fixed monthly service fee is estimated at contract inception. At each month-end, management reviews system records and customer communications for qualifying downtime and adjusts revenue for any applicable abatement or service-period extension. No material abatements or service-period extensions were identified for the year ended March 31, 2026. The contracts do not contain a significant financing component because the period between payment and the transfer of services is one year or less. The Company acts as principal because it controls the services before they are transferred to customers and therefore recognizes revenue on a gross basis. SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Contract balances When either party to a revenue contract has performed, the Group presents the contract in the consolidated balance sheets as a contract asset or a contract liability, depending on the relationship between the Group’s performance and the customer’s payment. Accounts receivable represents revenues recognized for the amounts when the Group has satisfied its performance obligation and has unconditional right to the payment. A contract asset is recorded when the Group transfers a good or service to the customer before being unconditionally entitled to the consideration payment. The contract liabilities consist of advances from customers, which represent the cash received for services in advance of revenue recognition and is recognized as revenue when the Group fulfills its performance obligation. Other than accounts receivable, no contract assets were recorded on consolidated balance sheets as of March 31, 2025 and 2026, respectively. The Group’s contract liabilities amounted to $nil and $nil as of March 31, 2025 and 2026, respectively. Revenue of $1,357,236, $111,055 and $nil was recognized from the contract liabilities balance for the years ended March 31, 2024, 2025 and 2026, respectively. Transaction price allocated to remaining performance obligation Revenue allocated to remaining performance obligations represents contracted revenue that has not yet been recognized, which includes deferred revenue and amounts that will be invoiced and recognized as revenue in future periods. The Group has elected, as a practical expedient, not to disclose the transaction price allocated to unsatisfied or partially unsatisfied performance obligations that are part of a contract that has an original expected duration of one year or less. As of March 31, 2025 and 2026, all revenue contracts with customers have an original expected duration of one year or less. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">m)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Employee welfare benefit expenses</td></tr> </table> All eligible employees of the Group are entitled to staff welfare benefits including medical care, welfare subsidies, unemployment insurance, pension benefits and housing funds through a PRC government-mandated multi-employer defined contribution plan. The Group is required to make contributions to the plan and accrues for these benefits based on certain percentages of the qualified employees’ salaries. The Group recorded employee benefit expenses of $77,318 and $101,196 for the years ended March 31, 2026 and 2025, respectively. The Company grants share-based compensations to the management. The ordinary shares of the Company will be vested on the maturity date as assigned on bonus letter to the management, subject to there remaining in the continuous service of the Company or its affiliates on such date. The Company recorded employee benefit expenses over the period of service-term as assigned in the bonus letter. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">n)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Selling and marketing expenses</td></tr> </table> Selling and marketing are expensed as incurred in accordance with ASC 720-35. Among these, marketing and promotion costs were $3,581 and $557 for the years ended March 31, 2026 and 2025, respectively. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">o)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Income taxes</td></tr> </table> The Group follows the liability method of accounting for income taxes in accordance with ASC 740 (“ASC 740”), Income Taxes. Under this method, deferred tax assets and liabilities are determined based on the difference between the financial reporting and tax bases of assets and liabilities using enacted tax rates that will be in effect in the period in which the differences are expected to reverse. The Group records a valuation allowance to offset deferred tax assets if based on the weight of available evidence, it is more-likely-than-not that some portion, or all, of the deferred tax assets will not be realized. The effect on deferred taxes of a change in tax rate is recognized in tax expense in the period that includes the enactment date of the change in tax rate. SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Uncertain tax positions The guidance on accounting for uncertainties in income taxes prescribes a more-likely-than-not threshold for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Guidance also applies to the recognition of income tax assets and liabilities, classification of current and deferred income tax assets and liabilities, accounting for interest and penalties associated with tax positions, accounting for income taxes in interim periods, and income tax disclosures. The Group recognizes interest and penalties, if any, under accrued expenses n its balance sheet and under other expenses in its consolidated statement of operations. There were no interest and penalties associated with uncertain tax positions for the years ended March 31, 2026, 2025 and 2024. As of March 31, 2026 and 2025, the Group did not have any significant unrecognized uncertain tax positions. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">p)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Value added tax (“VAT”)</td></tr> </table> The Group is subject to VAT and related surcharges on revenue generated from the rendering of technical services to customers. The Group records revenue net of output VAT. This output VAT may be offset by qualified input VAT paid by the Group to suppliers. Net VAT balance between input VAT and output VAT is recorded in the line item of tax payable on the consolidated balance sheets. The Group is subject to VAT at the rate of 6% depending on whether the entity is a general tax payer, and related surcharges on revenue generated from providing services. Entities that are VAT general taxpayers are allowed to offset qualified input VAT, paid to suppliers against their output VAT liabilities. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">q)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Related parties</td></tr> </table> The Company identifies related parties, and accounts for and discloses related party transactions in accordance with ASC 850, Related Party Disclosures, and other relevant ASC standards. Parties, which can be a corporation or individual, are considered to be related if they have the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operational decisions. Entities are also considered to be related if they are subject to common control or common significant influence. Transactions involving related parties cannot be presumed to be carried out on an arm’s-length basis, as the requisite conditions of competitive, free market dealings may not exist. Representations about transactions with related parties, if made, shall not imply that the related party transactions were consummated on terms equivalent to those that prevail in arm’s-length transactions unless such representations can be substantiated. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">r)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Statutory reserves</td></tr> </table> The Company’s PRC subsidiaries are required to make appropriations to certain non-distributable reserve funds. In accordance with China’s Company Laws, the Company’s PRC subsidiary, must make appropriations from their after-tax profit (as determined under the Accounting Standards for Business Enterprises as promulgated by the Ministry of Finance of the People’s Republic of China (“PRC GAAP”)) to non-distributable reserve funds including (i) statutory surplus fund and (ii) discretionary surplus fund. The appropriation to the statutory surplus fund must be 10% of the after-tax profits calculated in accordance with PRC GAAP. Appropriation is not required if the statutory surplus fund has reached 50% of the registered capital of the respective company. Appropriation to the discretionary surplus fund is made at the discretion of the respective company. Effective January 1, 2025, in alignment with the full implementation of the Foreign Investment Law and the updated PRC Company Law, foreign-invested enterprises (“FIEs”) in China are no longer required to set aside the former reserve fund, enterprise expansion fund, and staff bonus and welfare fund, and are governed by the same statutory surplus fund requirements applicable to all PRC companies under the PRC Company Law. The general reserve fund and statutory surplus fund are restricted to offsetting cumulative losses or increasing the registered capital of the respective company. These reserves are not distributable as cash dividends, loans, or advances, nor can they be distributed except under liquidation. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">s)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Earnings per share</td></tr> </table> The Company computes earnings per share (“EPS”) in accordance with ASC 260, “Earnings per Share”. ASC 260 requires companies with complex capital structures to present basic and diluted EPS. Basic EPS is measured as Net profit divided by the weighted average common shares outstanding for the period. Diluted EPS is similar to basic EPS but presents the dilutive effect on a per share basis of potential common shares (e.g., convertible securities, options and warrants) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential common shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS. SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">t)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Foreign currency translation</td></tr> </table> The Group’s principal country of operations is the PRC. The financial position and results of its operations are determined using RMB, the local currency, as the functional currency. The consolidated financial statements are reported using U.S. Dollars as the reporting currency. The results of operations and the statement of cash flows denominated in currencies other than U.S. Dollars are translated at the average rate of exchange during the reporting period. Assets and liabilities denominated in foreign currencies at the balance sheet date are translated at the applicable rates of exchange in effect at that date. The equity denominated in currencies other than U.S. Dollars are translated at the historical rate of exchange at the time of capital contribution. Because cash flows are translated based on the average translation rate, amounts related to assets and liabilities reported on the consolidated statements of cash flows will not necessarily agree with changes in the corresponding balances on the consolidated balance sheets. Translation adjustments arising from the use of different exchange rates from period to period are included as a separate component of accumulated other comprehensive income (loss) included in consolidated statements of changes in equity. Gains and losses from foreign currency transactions are included in the consolidated statement of operations and comprehensive income. The value of RMB against U.S. Dollar may fluctuate and is affected by, among other things, changes in the PRC’s political and economic conditions. Any significant revaluation of RMB may materially affect the Group’s consolidated financial condition in terms of reporting. The following table outlines the currency exchange rates that were used in the consolidated financial statements: <p id="xdx_89C_eus-gaap--ScheduleOfForeignExchangeContractsStatementOfFinancialPositionTableTextBlock_znGLbfm4zW9k" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"> Schedule of currency exchange rates <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">March 31, 2026</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">March 31, 2025</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">March 31, 2024</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 28%; text-align: justify">Year-end spot rate</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 20%; text-align: center">US$1=6.9194 RMB</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 20%; text-align: center">US$1=7.1782 RMB</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 20%; text-align: center">US$1=7.0950 RMB</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Average rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: center">US$1=7.0757 RMB</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: center">US$1=7.1349 RMB</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: center">US$1=7.1157 RMB</td><td style="text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">u)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Comprehensive income / (loss)</td></tr> </table> Comprehensive income/(loss) is defined as the changes in shareholders’ equity during a period arising from transactions and other events and circumstances excluding transactions resulting from investments by shareholders and distributions to shareholders. Comprehensive income or loss is reported in the consolidated statements of comprehensive income/(loss). Accumulated other comprehensive income/(loss), as presented on the accompanying consolidated balance sheets, consists of accumulated foreign currency translation adjustments. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">v)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Dividends</td></tr> </table> Dividends are recognized when declared. No dividends were declared for the years ended March 31, 2026, 2025 and 2024. The Group does not have any present plan to pay any dividends on ordinary shares in the foreseeable future. The Group currently intends to retain the available funds and any future earnings to operate and expand the business. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">w)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Warrants</td></tr> </table> According to the Securities Purchase Agreement (the “SPA”), the Company issued a purchase right to the Investor under which the Company will issue predetermined ordinary shares for a fixed cash consideration at a future date (the “Warrants”). The Warrants were accounted for as equity instruments to the Company, since: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">i)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The Warrants were indexed to the Company’s own stock, since:</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The Warrants will be exercised upon the ODI approval, which is not based on an observable market, or an observable index.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The exercise price is fixed by the SPA and Supplement Agreement, and the number of Underlying Shares to be issued is also fixed divided by the fixed purchase price per share.</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">ii)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The Warrants were classified in shareholders’ equity, since:</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The Warrants will be settled only by gross physical delivery of ordinary shares by the Company.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The Company has the ability to settle the Private Placement in ordinary shares.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The number of Underlying Shares to be issued is explicitly fixed at the total consideration divided by the fixed purchase price per share, with no adjustment provision.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">No requirement for cash settlement in the agreements.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">There are no cash settled top-off or make-whole provisions.</td></tr> </table> SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">x)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Segment reporting</td></tr> </table> In accordance with ASC 280, Segment Reporting, operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker (“CODM”), or decision making group, in deciding how to allocate resources and in assessing performance. The Group has only one reportable segment since the Group does not distinguish revenues, costs and expenses by operating segments in its internal reporting, and reports costs and expenses by nature as a whole. The Group’s CODM, who has been identified as the CEO, reviews the consolidated results when making decisions about allocating resources and assessing performance of the Group as a whole. The CODM uses net income/loss as the key measures of performance in allocating resources and assessing the performance of the Group as a whole. The CODM does not review discrete financial information for individual operating segments. As the Group generates all of its revenue in the PRC, no geographical segments are presented. For segment information, the primary financial statements are to be referred as the Group only has one single reportable segment. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">y)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Risks and uncertainties</td></tr> </table> Exchange Rate Risks The Company’s Chinese subsidiaries may be exposed to significant foreign currency risks from fluctuations and the degree of volatility of foreign exchange rates between the U.S. Dollar and the RMB. As of March 31, 2026 and March 31, 2025, the RMB denominated cash and cash equivalents amounted to $231,028 and $979,005, respectively. Currency Convertibility Risks Substantially all of the Group’s operating activities are transacted in RMB, which is not freely convertible into foreign currencies. All foreign exchange transactions take place either through the People’s Bank of China or other banks authorized to buy and sell foreign currencies at the exchange rates quoted by the People’s Bank of China. Approval of foreign currency payments by the People’s Bank of China or other regulatory institutions requires submitting a payment application form together with other information such as suppliers’ invoices, shipping documents and signed contracts. Concentration of Credit Risks Financial instruments that potentially subject the Group to concentration of credit risks consist primarily of cash and cash equivalents and accounts receivable, the balances of which stated on the consolidated balance sheets represented the Group’s maximum exposure. The Group places its cash and cash equivalents in good credit quality financial institutions in China. The Group maintains its bank accounts with reputable financial institutions and, based on information currently available to management, believes that the risk of loss arising from bank failure is remote. Management believes that the credit risk on cash in bank is limited because the counterparties are recognized financial institutions. To date, the Group has not experienced any losses in such accounts. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">z)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Recently announced accounting standards</td></tr> </table> The Group considers the applicability and impact of all accounting standards updates (“ASU”). Management periodically reviews new accounting standards that are issued. The Group does not believe recently issued but not yet effective accounting standards would have a material effect on the consolidated financial position, statements of operations and cash flows. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">aa)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Recently adopted accounting standards</td></tr> </table> In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures (ASU 2023-09), which requires disclosure of incremental income tax information within the rate reconciliation and expanded disclosures of income taxes paid, among other disclosure requirements. ASU 2023-09 is effective for fiscal years beginning after December 15, 2024. Early adoption is permitted. The Company’s management does not believe the adoption of ASU 2023-09 have a material impact on its financial statements and disclosures. None of the new standards above have a material impact on the financial statement of the Company by the Company’s evaluation. SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">ab)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">New Accounting Pronouncements Not Yet Adopted</td></tr> </table> In November 2024, the FASB issued ASU 2024-03, Income Statement (Topic 220): Disaggregation of Income Statement Expenses: The amendments in this ASU require public companies to disclose, in interim and year-end reporting periods, additional information about certain expenses in the financial statements. These disclosures are effective beginning with 2027 annual reports, and interim reports beginning with the first quarter of 2028. Early adoption is permitted on either a prospective or retrospective basis. The Company is currently assessing the potential impact of adoption of these provisions on the consolidated financial statements. In July 2025, the FASB issued ASU 2025-05 “Financial Instruments — Credit Losses (Topic 326) — Measurement of Credit Losses for Accounts Receivable and Contract Assets.” It applies to entities that use the practical expedient and accounting policy election (if applicable) when estimating expected credit losses on current accounts receivable and/or current contract assets from transactions under Topic 606, including such assets acquired in a business combination accounted for under Topic 805. The amendments will be effective for annual reporting periods beginning after December 15, 2025, and interim reporting periods within those annual periods. Early adoption is permitted. The Group does not expect to adopt this guidance early and does not expect the adoption of this ASU to have a material impact on its future consolidated financial statements.

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">a)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Basis of presentation</td></tr> </table> The accompanying consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”), and with the rules and regulations of the United States Securities and Exchange Commission (the “SEC”).

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">b)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Principles of consolidation</td></tr> </table> The consolidated financial statements include the financial statements of the Company, and its subsidiaries. All significant inter-company transactions and balances between the Company and its subsidiaries have been eliminated upon consolidation.

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">c)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Use of estimates</td></tr> </table> In preparing the consolidated financial statements in conformity with US GAAP, management makes estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates are based on information as of the date of the consolidated financial statements. Significant estimates required to be made by management include, but are not limited to, the allowance of credit losses of accounts receivable, current and non-current amounts due from related parties, prepayments and other receivables, valuation of share-based compensation and valuation of long-term investments, valuation allowance for deferred tax assets, useful lives of property and equipment and intangible assets, the recoverability of long-lived assets, and discount rates applied in measuring right-of-use assets and lease liabilities.

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">d)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Cash</td></tr> </table> Cash includes cash on hand, bank accounts, interest bearing savings accounts. The Group maintains most of the bank accounts in the PRC. As of March 31, 2026 and 2025, the Group’s bank deposits were held in financial institutions located in the PRC. Bank deposits held in the PRC are insured by the Deposit Insurance Scheme administered by the People’s Bank of China, which provides coverage up to RMB 500,000 per depositor per insured institution. The Group maintains its bank accounts with reputable financial institutions and, based on information currently available to management, believes that the risk of loss arising from bank failure is remote. To date, the Group has not experienced any losses in such accounts.

500000

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">e)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Accounts receivable, net</td></tr> </table> Accounts receivable represent revenue recognized for the amounts due from customers for revenue recognized when the Group has satisfied its performance obligation and recognized revenue. These receivables are uncollateralized, which include amounts earned less payments received and allowances for expected credit losses. Management continually monitors and adjusts its allowances associated with the Group’s receivables to address any credit risks associated with the accounts receivable, and periodically writes off receivables when collection is not considered probable. The Group does not charge interest on past due accounts. When uncertainty exists as to the collection of receivables, the Group records an allowance for expected credit losses and a corresponding charge to expected credit losses expense.

f) Expected credit losses Commencing April 1, 2023, the Group adopted ASC326, Financial Instruments-Credit Losses (“ASC326”), using modified-retrospective transition approach. ASC 326 requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to better inform their expected credit loss estimates. Pursuant to ASC 326, an allowance for expected credit losses for financial assets is carried at amortized cost to present the net amount expected to be collected as of the balance sheet date. Such allowance is based on expected credit losses expected to arise over the life of the financial asset’s contractual term, which includes consideration of accounts receivable, prepayments and other current assets, current and non-current amounts due from related parties, other receivables, etc. Assets are written off when the Group determines that such financial assets are deemed uncollectible and are recognized as a deduction from the allowance for expected credit losses. Expected recoveries of amounts previously written off, not to exceed the aggregate of the amount previously written off, are included in determining the necessary reserve at the balance sheet date. Following the adoption of this guidance, no cumulative-effect adjustment in accumulated deficit was recognized as of April 1, 2023. The adoption of ASC 326 did not have an impact on the Group’s financial statements. The Group pools financial assets based on similar risk characteristics to estimate expected credit losses. The Group estimates expected credit losses on financial assets individually when those assets do not share similar risk characteristics. The Group has adopted an aging schedule and individual method to calculate expected credit loss and considered the relevant factors of the historical and future conditions of the Group to make reasonable estimation of the loss rate. The Group’s allowance for credit losses was $696,764 and $160,616 respectively as of March 31, 2026 and March 31, 2025. SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

696764

160616

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">g)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Long-term investment</td></tr> </table> Long-term investments represent the Group’s investment in privately held company. The Group applies the equity method of accounting to account for an equity investment, in common stock or in-substance common stock, according to ASC Topic 323, Investment—Equity Method and Joint Ventures (“ASC 323”), over which it has significant influence but does not own a majority equity interest or otherwise control. Under the equity method, the Group’s share of the post-acquisition profits or losses of the equity investees are recorded in share of results of equity investees in the consolidated statements of operations and comprehensive income/(loss) and its share of post-acquisition movements of accumulated other comprehensive income/(loss) are recorded in accumulated other comprehensive income/(loss) as a component of shareholders’ equity. The Group records its share of the results of equity investments on one quarter in arrears basis. When the Group’s share of losses in the equity investee equals or exceeds its interest in the equity investee, the Group does not recognize further losses, unless the Group has incurred obligations or made payments or guarantees on behalf of the equity investee, or the Group holds other investments in the equity investee. When the Group loses significant influence over an investee while retaining its equity interest, equity method accounting is discontinued prospectively as of the date significant influence is lost, with no restatement of prior period financial statements. The total carrying amount of the investment under the equity method, including the Group’s cumulative share of the investee’s profit or loss, dividends received, historical impairment charges and related accumulated other comprehensive income, serves as the initial cost basis of the financial asset reclassified under ASC Topic 321, Investments—Equity Securities. No gain or loss is recognized upon the reclassification. Indicators of the loss of significant influence include the forfeiture of contractual rights to appoint board directors, together with the absence of other indicators of significant influence such as material recurring intercompany transactions, exclusive technical dependency and voting agreements. These privately held equity securities do not have readily determinable fair values, and the Group elects the measurement alternative practical expedient under ASC Topic 321, Investment—Equity Securities (“ASC 321”) for subsequent measurement. The Group applies the measurement alternative to equity securities without readily determinable fair values. Under this alternative, the investments are measured at cost, less impairment, if any, adjusted for observable price changes resulting from orderly transactions for identical or similar investments of the same issuer, with all resulting adjustments recorded in net income; the updated fair value becomes the new cost basis for subsequent measurement. For investments denominated in Renminbi, the exchange rate as of the reclassification date is retained as the baseline conversion rate; the exchange rate is only updated upon impairment recognition or fair value remeasurement, and all resulting foreign exchange fluctuations are recorded in net income.

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">h)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Property and equipment, net</td></tr> </table> Property and equipment are recorded at cost including the cost of improvements and stated at cost less accumulated depreciation. Maintenance and repairs are charged to expense as incurred. Depreciation and amortization are provided on the straight-line method based on the estimated useful lives of the assets as follows: Schedule of estimated useful lives of assets <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 80%; text-align: left">Server hardware</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">5 years</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Vehicles</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5 years</td><td style="text-align: left"> </td></tr> </table> Expenditures for maintenance and repairs, which do not materially extend the useful lives of the assets, are charged to expense as incurred. Expenditures for major renewals and betterment which substantially extend the useful life of assets are capitalized. The cost and related accumulated depreciation of assets retired or sold are removed from the respective accounts, and any gain or loss is recognized in the consolidated statements of operations and comprehensive income in other income or expenses. Direct costs that are related to the construction of property and equipment and incurred in connection with bringing the assets to their intended use are capitalized as construction in progress. Construction in progress is transferred to specific property and equipment, and the depreciation of these assets commences when the assets are ready for their intended use. SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

Schedule of estimated useful lives of assets <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 80%; text-align: left">Server hardware</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">5 years</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Vehicles</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5 years</td><td style="text-align: left"> </td></tr> </table>

P5Y

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">i)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Lease</td></tr> </table> Leases are classified at lease commencement date as either a finance lease or an operating lease. A lease is a finance lease if it meets any of the following criteria: (a) the lease transfers ownership of the underlying asset to the lessee by the end of the lease term. (b) the lease grants the lessee an option to purchase the underlying asset that the lessee is reasonably certain to exercise, (c) the lease term is for the major part of the remaining economic life of the underlying asset, (d) the present value of the sum of the lease payments and any residual value guaranteed by the lessee that is not already reflected in the lease payments equals or exceeds substantially all of the fair value of the underlying asset or (e) the underlying asset is of such a specialized nature that it is expected to have no alternative use to the lessor at the end of the lease term. When none of the foregoing criteria is met, the lease shall be classified as an operating lease. For a lessee, an operating lease is recognized as a right-of-use asset with a corresponding liability at lease commencement date. The lease liability is calculated at the present value of the lease payments not yet paid by using the lease term and discount rate determined at lease commencement. The right-of-use asset is calculated as the lease liability, increased by any initial direct costs and prepaid lease payments, reduced by any lease incentives received before lease commencement. The right-of-use asset itself is amortized on systematic method reflects how the underlying asset will be used by and benefits the lessee over the lease term. The Company estimates its incremental borrowing rate for its leases at the commencement date to determine the present value of future lease payments when the implicit rate is not readily determinable in the lease. In estimating its incremental borrowing rate, the Company considers its credit rating and publicly available data of borrowing rates for loans of similar amount, currency and term as the lease.

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">j)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Impairment of long-lived assets</td></tr> </table> The Group evaluates its long-lived assets with finite lives for impairment in accordance with ASC 360-10 whenever events or changes in circumstances (such as a significant adverse change to market conditions that will impact the future use of the assets) indicate that the carrying amount of an asset may not be fully recoverable. When these events occur, the Group evaluates the impairment by comparing carrying amount of the assets to an estimate of future undiscounted cash flows expected to be generated from the use of the assets and their eventual disposition. If the sum of the expected future undiscounted cash flows is less than the carrying amount of the assets, the Group recognizes an impairment loss based on the excess of the carrying amount of the long-lived assets over their fair value. SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">k)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Fair value of financial instruments</td></tr> </table> ASC 825-10 requires certain disclosures regarding the fair value of financial instruments. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A three-level fair value hierarchy prioritizes the inputs used to measure fair value. The hierarchy requires entities to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels of inputs used to measure fair value are as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Level 1 - Quoted prices in active markets for identical assets and liabilities.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Level 2 - Quoted prices in active markets for similar assets and liabilities, or other inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Level 3 - Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets and liabilities. This includes certain pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs.</td></tr> </table> Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (i.e., an exit price) in an orderly transaction between market participants in the principal or most advantageous market as of the measurement date. The carrying amounts of the Group’s short-term financial instruments — including cash, other receivables, amounts due from related parties, prepaid expenses and other current assets, accounts payable, amounts due to related parties, related party promissory notes, and other current liabilities — approximate their respective fair values due to their short-term maturities. The carrying amounts of the Group’s long-term interest-bearing receivables approximate their respective fair values as the interest rates applied are commensurate with current market rates for similar instruments. In addition, the Group’s long-term investment measured under ASC321 was impaired on March 31, 2026 to the fair value determined based on the amount attributable to contractual sale prices set forth in a fully executed purchase and sale agreements. Accordingly, the fair value measurement of the investment is classified within Level 2 of the fair value hierarchy.

<p id="xdx_845_eus-gaap--RevenueFromContractWithCustomerPolicyTextBlock_zvsXCvuSCaq8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-align: justify; text-indent: -0.25in"> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">l)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Revenue recognition</td></tr> </table> The Group has adopted Accounting Standards Codification Topic 606, “Revenue from Contracts with Customers” (“ASC 606”) effective as of April 1, 2018. Under ASC 606, the Group recognizes revenue when a customer obtains control of promised goods, in an amount that reflects the consideration which the Group expects to receive in exchange for the goods. To determine revenue recognition for arrangements within the scope of ASC 606, the Group performs the following five steps: (1) identify the contracts with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract; and (5) recognize revenue when or as the entity satisfies a performance obligation. The Group applies the five-step model to contracts when it is probable that the entity will collect the consideration it is entitled to in exchange for the goods it transfers to the customer. Historically, the Company’s revenue was principally derived from technology services, including software development and comprehensive cloud services provided to private companies, academic institutions and government agencies, which were recognized over time throughout the service period. Also, the Company generated revenue from software system sales for the purpose of intelligent office operation, resource scheduling and management for private companies in PRC, which were recognized upon the time the customer signs the acceptance note. Prior to the termination of the VIE structure on March 17, 2025, the Company also generated revenue from online VIP and SVIP membership education services through an online education platform operated by Wuxi Kingway. Such membership education services were recognized over time throughout the membership period. Upon the termination of the VIE structure, the Company ceased providing the online VIP and SVIP membership education services. During the fiscal year ended March 31, 2026, the Company provided AI API integration and communication technical services via its proprietary CSL intelligent communication system. Because customers do not have the contractual right to take possession of the software, nor can they host the software independently or through a third-party vendor, the arrangement is accounted for as a service contract rather than a software license. The services generally have a contract term of 12 months and are accounted for as a single performance obligation satisfied over time because the customer simultaneously receives and consumes the benefits of the services as they are provided. Revenue is recognized on a straight-line basis over the service term, which faithfully depicts the pattern of transfer of the services to customers. The transaction price generally consists of fixed monthly service fees. The Company does not provide material refunds, rebates, credits, or other forms of variable consideration. However, the contracts include service-level remedies for qualifying system downtime. Any resulting service fee abatements are considered variable consideration. Based on the Company’s historical experience, such abatements have been nil or immaterial, and the Company does not expect their inclusion in the transaction price to result in a significant revenue reversal. Accordingly, no material reduction to the fixed monthly service fee is estimated at contract inception. At each month-end, management reviews system records and customer communications for qualifying downtime and adjusts revenue for any applicable abatement or service-period extension. No material abatements or service-period extensions were identified for the year ended March 31, 2026. The contracts do not contain a significant financing component because the period between payment and the transfer of services is one year or less. The Company acts as principal because it controls the services before they are transferred to customers and therefore recognizes revenue on a gross basis. SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Contract balances When either party to a revenue contract has performed, the Group presents the contract in the consolidated balance sheets as a contract asset or a contract liability, depending on the relationship between the Group’s performance and the customer’s payment. Accounts receivable represents revenues recognized for the amounts when the Group has satisfied its performance obligation and has unconditional right to the payment. A contract asset is recorded when the Group transfers a good or service to the customer before being unconditionally entitled to the consideration payment. The contract liabilities consist of advances from customers, which represent the cash received for services in advance of revenue recognition and is recognized as revenue when the Group fulfills its performance obligation. Other than accounts receivable, no contract assets were recorded on consolidated balance sheets as of March 31, 2025 and 2026, respectively. The Group’s contract liabilities amounted to $nil and $nil as of March 31, 2025 and 2026, respectively. Revenue of $1,357,236, $111,055 and $nil was recognized from the contract liabilities balance for the years ended March 31, 2024, 2025 and 2026, respectively. Transaction price allocated to remaining performance obligation Revenue allocated to remaining performance obligations represents contracted revenue that has not yet been recognized, which includes deferred revenue and amounts that will be invoiced and recognized as revenue in future periods. The Group has elected, as a practical expedient, not to disclose the transaction price allocated to unsatisfied or partially unsatisfied performance obligations that are part of a contract that has an original expected duration of one year or less. As of March 31, 2025 and 2026, all revenue contracts with customers have an original expected duration of one year or less.

1357236

111055

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">m)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Employee welfare benefit expenses</td></tr> </table> All eligible employees of the Group are entitled to staff welfare benefits including medical care, welfare subsidies, unemployment insurance, pension benefits and housing funds through a PRC government-mandated multi-employer defined contribution plan. The Group is required to make contributions to the plan and accrues for these benefits based on certain percentages of the qualified employees’ salaries. The Group recorded employee benefit expenses of $77,318 and $101,196 for the years ended March 31, 2026 and 2025, respectively. The Company grants share-based compensations to the management. The ordinary shares of the Company will be vested on the maturity date as assigned on bonus letter to the management, subject to there remaining in the continuous service of the Company or its affiliates on such date. The Company recorded employee benefit expenses over the period of service-term as assigned in the bonus letter.

77318

101196

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">n)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Selling and marketing expenses</td></tr> </table> Selling and marketing are expensed as incurred in accordance with ASC 720-35. Among these, marketing and promotion costs were $3,581 and $557 for the years ended March 31, 2026 and 2025, respectively.

3581

557

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">o)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Income taxes</td></tr> </table> The Group follows the liability method of accounting for income taxes in accordance with ASC 740 (“ASC 740”), Income Taxes. Under this method, deferred tax assets and liabilities are determined based on the difference between the financial reporting and tax bases of assets and liabilities using enacted tax rates that will be in effect in the period in which the differences are expected to reverse. The Group records a valuation allowance to offset deferred tax assets if based on the weight of available evidence, it is more-likely-than-not that some portion, or all, of the deferred tax assets will not be realized. The effect on deferred taxes of a change in tax rate is recognized in tax expense in the period that includes the enactment date of the change in tax rate. SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Uncertain tax positions The guidance on accounting for uncertainties in income taxes prescribes a more-likely-than-not threshold for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Guidance also applies to the recognition of income tax assets and liabilities, classification of current and deferred income tax assets and liabilities, accounting for interest and penalties associated with tax positions, accounting for income taxes in interim periods, and income tax disclosures. The Group recognizes interest and penalties, if any, under accrued expenses n its balance sheet and under other expenses in its consolidated statement of operations. There were no interest and penalties associated with uncertain tax positions for the years ended March 31, 2026, 2025 and 2024. As of March 31, 2026 and 2025, the Group did not have any significant unrecognized uncertain tax positions.

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">p)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Value added tax (“VAT”)</td></tr> </table> The Group is subject to VAT and related surcharges on revenue generated from the rendering of technical services to customers. The Group records revenue net of output VAT. This output VAT may be offset by qualified input VAT paid by the Group to suppliers. Net VAT balance between input VAT and output VAT is recorded in the line item of tax payable on the consolidated balance sheets. The Group is subject to VAT at the rate of 6% depending on whether the entity is a general tax payer, and related surcharges on revenue generated from providing services. Entities that are VAT general taxpayers are allowed to offset qualified input VAT, paid to suppliers against their output VAT liabilities. 0.06 <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">q)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Related parties</td></tr> </table> The Company identifies related parties, and accounts for and discloses related party transactions in accordance with ASC 850, Related Party Disclosures, and other relevant ASC standards. Parties, which can be a corporation or individual, are considered to be related if they have the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operational decisions. Entities are also considered to be related if they are subject to common control or common significant influence. Transactions involving related parties cannot be presumed to be carried out on an arm’s-length basis, as the requisite conditions of competitive, free market dealings may not exist. Representations about transactions with related parties, if made, shall not imply that the related party transactions were consummated on terms equivalent to those that prevail in arm’s-length transactions unless such representations can be substantiated. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">r)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Statutory reserves</td></tr> </table> The Company’s PRC subsidiaries are required to make appropriations to certain non-distributable reserve funds. In accordance with China’s Company Laws, the Company’s PRC subsidiary, must make appropriations from their after-tax profit (as determined under the Accounting Standards for Business Enterprises as promulgated by the Ministry of Finance of the People’s Republic of China (“PRC GAAP”)) to non-distributable reserve funds including (i) statutory surplus fund and (ii) discretionary surplus fund. The appropriation to the statutory surplus fund must be 10% of the after-tax profits calculated in accordance with PRC GAAP. Appropriation is not required if the statutory surplus fund has reached 50% of the registered capital of the respective company. Appropriation to the discretionary surplus fund is made at the discretion of the respective company. Effective January 1, 2025, in alignment with the full implementation of the Foreign Investment Law and the updated PRC Company Law, foreign-invested enterprises (“FIEs”) in China are no longer required to set aside the former reserve fund, enterprise expansion fund, and staff bonus and welfare fund, and are governed by the same statutory surplus fund requirements applicable to all PRC companies under the PRC Company Law. The general reserve fund and statutory surplus fund are restricted to offsetting cumulative losses or increasing the registered capital of the respective company. These reserves are not distributable as cash dividends, loans, or advances, nor can they be distributed except under liquidation.

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">s)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Earnings per share</td></tr> </table> The Company computes earnings per share (“EPS”) in accordance with ASC 260, “Earnings per Share”. ASC 260 requires companies with complex capital structures to present basic and diluted EPS. Basic EPS is measured as Net profit divided by the weighted average common shares outstanding for the period. Diluted EPS is similar to basic EPS but presents the dilutive effect on a per share basis of potential common shares (e.g., convertible securities, options and warrants) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential common shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS. SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">t)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Foreign currency translation</td></tr> </table> The Group’s principal country of operations is the PRC. The financial position and results of its operations are determined using RMB, the local currency, as the functional currency. The consolidated financial statements are reported using U.S. Dollars as the reporting currency. The results of operations and the statement of cash flows denominated in currencies other than U.S. Dollars are translated at the average rate of exchange during the reporting period. Assets and liabilities denominated in foreign currencies at the balance sheet date are translated at the applicable rates of exchange in effect at that date. The equity denominated in currencies other than U.S. Dollars are translated at the historical rate of exchange at the time of capital contribution. Because cash flows are translated based on the average translation rate, amounts related to assets and liabilities reported on the consolidated statements of cash flows will not necessarily agree with changes in the corresponding balances on the consolidated balance sheets. Translation adjustments arising from the use of different exchange rates from period to period are included as a separate component of accumulated other comprehensive income (loss) included in consolidated statements of changes in equity. Gains and losses from foreign currency transactions are included in the consolidated statement of operations and comprehensive income. The value of RMB against U.S. Dollar may fluctuate and is affected by, among other things, changes in the PRC’s political and economic conditions. Any significant revaluation of RMB may materially affect the Group’s consolidated financial condition in terms of reporting. The following table outlines the currency exchange rates that were used in the consolidated financial statements: <p id="xdx_89C_eus-gaap--ScheduleOfForeignExchangeContractsStatementOfFinancialPositionTableTextBlock_znGLbfm4zW9k" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"> Schedule of currency exchange rates <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">March 31, 2026</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">March 31, 2025</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">March 31, 2024</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 28%; text-align: justify">Year-end spot rate</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 20%; text-align: center">US$1=6.9194 RMB</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 20%; text-align: center">US$1=7.1782 RMB</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 20%; text-align: center">US$1=7.0950 RMB</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Average rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: center">US$1=7.0757 RMB</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: center">US$1=7.1349 RMB</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: center">US$1=7.1157 RMB</td><td style="text-align: left"> </td></tr> </table>

<p id="xdx_89C_eus-gaap--ScheduleOfForeignExchangeContractsStatementOfFinancialPositionTableTextBlock_znGLbfm4zW9k" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"> Schedule of currency exchange rates <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">March 31, 2026</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">March 31, 2025</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">March 31, 2024</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 28%; text-align: justify">Year-end spot rate</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 20%; text-align: center">US$1=6.9194 RMB</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 20%; text-align: center">US$1=7.1782 RMB</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 20%; text-align: center">US$1=7.0950 RMB</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Average rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: center">US$1=7.0757 RMB</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: center">US$1=7.1349 RMB</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: center">US$1=7.1157 RMB</td><td style="text-align: left"> </td></tr> </table>

6.9194

7.1782

7.0950

7.0757

7.1349

7.1157

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">u)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Comprehensive income / (loss)</td></tr> </table> Comprehensive income/(loss) is defined as the changes in shareholders’ equity during a period arising from transactions and other events and circumstances excluding transactions resulting from investments by shareholders and distributions to shareholders. Comprehensive income or loss is reported in the consolidated statements of comprehensive income/(loss). Accumulated other comprehensive income/(loss), as presented on the accompanying consolidated balance sheets, consists of accumulated foreign currency translation adjustments.

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">v)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Dividends</td></tr> </table> Dividends are recognized when declared. No dividends were declared for the years ended March 31, 2026, 2025 and 2024. The Group does not have any present plan to pay any dividends on ordinary shares in the foreseeable future. The Group currently intends to retain the available funds and any future earnings to operate and expand the business.

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">w)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Warrants</td></tr> </table> According to the Securities Purchase Agreement (the “SPA”), the Company issued a purchase right to the Investor under which the Company will issue predetermined ordinary shares for a fixed cash consideration at a future date (the “Warrants”). The Warrants were accounted for as equity instruments to the Company, since: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">i)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The Warrants were indexed to the Company’s own stock, since:</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The Warrants will be exercised upon the ODI approval, which is not based on an observable market, or an observable index.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The exercise price is fixed by the SPA and Supplement Agreement, and the number of Underlying Shares to be issued is also fixed divided by the fixed purchase price per share.</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">ii)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The Warrants were classified in shareholders’ equity, since:</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The Warrants will be settled only by gross physical delivery of ordinary shares by the Company.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The Company has the ability to settle the Private Placement in ordinary shares.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The number of Underlying Shares to be issued is explicitly fixed at the total consideration divided by the fixed purchase price per share, with no adjustment provision.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">No requirement for cash settlement in the agreements.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">There are no cash settled top-off or make-whole provisions.</td></tr> </table> SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">x)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Segment reporting</td></tr> </table> In accordance with ASC 280, Segment Reporting, operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker (“CODM”), or decision making group, in deciding how to allocate resources and in assessing performance. The Group has only one reportable segment since the Group does not distinguish revenues, costs and expenses by operating segments in its internal reporting, and reports costs and expenses by nature as a whole. The Group’s CODM, who has been identified as the CEO, reviews the consolidated results when making decisions about allocating resources and assessing performance of the Group as a whole. The CODM uses net income/loss as the key measures of performance in allocating resources and assessing the performance of the Group as a whole. The CODM does not review discrete financial information for individual operating segments. As the Group generates all of its revenue in the PRC, no geographical segments are presented. For segment information, the primary financial statements are to be referred as the Group only has one single reportable segment.

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">y)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Risks and uncertainties</td></tr> </table> Exchange Rate Risks The Company’s Chinese subsidiaries may be exposed to significant foreign currency risks from fluctuations and the degree of volatility of foreign exchange rates between the U.S. Dollar and the RMB. As of March 31, 2026 and March 31, 2025, the RMB denominated cash and cash equivalents amounted to $231,028 and $979,005, respectively. Currency Convertibility Risks Substantially all of the Group’s operating activities are transacted in RMB, which is not freely convertible into foreign currencies. All foreign exchange transactions take place either through the People’s Bank of China or other banks authorized to buy and sell foreign currencies at the exchange rates quoted by the People’s Bank of China. Approval of foreign currency payments by the People’s Bank of China or other regulatory institutions requires submitting a payment application form together with other information such as suppliers’ invoices, shipping documents and signed contracts. Concentration of Credit Risks Financial instruments that potentially subject the Group to concentration of credit risks consist primarily of cash and cash equivalents and accounts receivable, the balances of which stated on the consolidated balance sheets represented the Group’s maximum exposure. The Group places its cash and cash equivalents in good credit quality financial institutions in China. The Group maintains its bank accounts with reputable financial institutions and, based on information currently available to management, believes that the risk of loss arising from bank failure is remote. Management believes that the credit risk on cash in bank is limited because the counterparties are recognized financial institutions. To date, the Group has not experienced any losses in such accounts.

231028

979005

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">z)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Recently announced accounting standards</td></tr> </table> The Group considers the applicability and impact of all accounting standards updates (“ASU”). Management periodically reviews new accounting standards that are issued. The Group does not believe recently issued but not yet effective accounting standards would have a material effect on the consolidated financial position, statements of operations and cash flows.

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">aa)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Recently adopted accounting standards</td></tr> </table> In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures (ASU 2023-09), which requires disclosure of incremental income tax information within the rate reconciliation and expanded disclosures of income taxes paid, among other disclosure requirements. ASU 2023-09 is effective for fiscal years beginning after December 15, 2024. Early adoption is permitted. The Company’s management does not believe the adoption of ASU 2023-09 have a material impact on its financial statements and disclosures. None of the new standards above have a material impact on the financial statement of the Company by the Company’s evaluation. SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">ab)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">New Accounting Pronouncements Not Yet Adopted</td></tr> </table> In November 2024, the FASB issued ASU 2024-03, Income Statement (Topic 220): Disaggregation of Income Statement Expenses: The amendments in this ASU require public companies to disclose, in interim and year-end reporting periods, additional information about certain expenses in the financial statements. These disclosures are effective beginning with 2027 annual reports, and interim reports beginning with the first quarter of 2028. Early adoption is permitted on either a prospective or retrospective basis. The Company is currently assessing the potential impact of adoption of these provisions on the consolidated financial statements. In July 2025, the FASB issued ASU 2025-05 “Financial Instruments — Credit Losses (Topic 326) — Measurement of Credit Losses for Accounts Receivable and Contract Assets.” It applies to entities that use the practical expedient and accounting policy election (if applicable) when estimating expected credit losses on current accounts receivable and/or current contract assets from transactions under Topic 606, including such assets acquired in a business combination accounted for under Topic 805. The amendments will be effective for annual reporting periods beginning after December 15, 2025, and interim reporting periods within those annual periods. Early adoption is permitted. The Group does not expect to adopt this guidance early and does not expect the adoption of this ASU to have a material impact on its future consolidated financial statements.

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">3.</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Discontinued Operations</td></tr> </table> On March 17, 2025, WOFE signed agreements to terminate its VIE arrangements with Wuxi Kingway, resulting in loss of control, deconsolidation of the VIE, and release of the related equity pledge. The VIE disposal was deemed a strategic shift under ASC 205-20, so the VIE’s assets, liabilities, and results are reported as discontinued operations and prior-period financial statements were retrospectively adjusted to reflect the discontinued operations’ impact. The following table summarizes the operating results of discontinued operations for the period from April 1, 2024 to March 17, 2025, together with comparable prior period data covering April 1, 2023 to March 31, 2024. <p id="xdx_896_eus-gaap--ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock_zaOnX5aGWdw7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0">Schedule of discontinued operations <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; font-weight: bold; text-align: center"> </td><td style="padding-bottom: 1pt; font-weight: bold"> </td> <td colspan="2" id="xdx_498_20240401__20250317__us-gaap--DisposalGroupClassificationAxis__us-gaap--SegmentDiscontinuedOperationsMember_zJjJ270XQ6D9" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">From April 1, 2024 to March 17, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="padding-bottom: 1pt; font-weight: bold"> </td> <td colspan="2" id="xdx_496_20230401__20240331__us-gaap--DisposalGroupClassificationAxis__us-gaap--SegmentDiscontinuedOperationsMember_zIhbvteqpRa2" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">For the years ended March 31, 2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40C_eus-gaap--DisposalGroupIncludingDiscontinuedOperationRevenue_zICMccC3d1Lh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Revenue</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">130,615</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">1,999,056</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--IncomeLossFromDiscontinuedOperationsNetOfTax_zmZoe0m8yun4" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Net loss</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(1,451,327</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">462,886</td><td style="text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; font-weight: bold; text-align: center"> </td><td style="padding-bottom: 1pt; font-weight: bold"> </td> <td colspan="2" id="xdx_496_20240401__20250317__us-gaap--DisposalGroupClassificationAxis__us-gaap--SegmentDiscontinuedOperationsMember_zfEMycu9GEG5" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">From April 1, 2024 to March 17, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="padding-bottom: 1pt; font-weight: bold"> </td> <td colspan="2" id="xdx_498_20230401__20240331__us-gaap--DisposalGroupClassificationAxis__us-gaap--SegmentDiscontinuedOperationsMember_zgUmcZhYP95f" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the years ended March 31, 2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40B_eus-gaap--CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations_zcF4jctatVK5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Net cash used in operating activities</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">(3,182,287</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">(1,500,154</td><td style="width: 1%; text-align: left">)</td></tr> <tr id="xdx_403_eus-gaap--CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations_zbipuTJqWPUi" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Net cash provided by investing activities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,788</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations_zsanriL0N0Sh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Net cash provided by (used in) financing activities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations_zVDZEF4zStoa" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Effects of exchange rate changes on cash</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,649,736</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(559,935</td><td style="text-align: left">)</td></tr> <tr id="xdx_406_eus-gaap--CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffectDisposalGroupIncludingDiscontinuedOperations_zTp1O98mv8aj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Net decrease in cash and cash equivalents – Discontinued operations</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(1,532,551</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(2,055,301</td><td style="text-align: left">)</td></tr> </table> SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

<p id="xdx_896_eus-gaap--ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock_zaOnX5aGWdw7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0">Schedule of discontinued operations <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; font-weight: bold; text-align: center"> </td><td style="padding-bottom: 1pt; font-weight: bold"> </td> <td colspan="2" id="xdx_498_20240401__20250317__us-gaap--DisposalGroupClassificationAxis__us-gaap--SegmentDiscontinuedOperationsMember_zJjJ270XQ6D9" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">From April 1, 2024 to March 17, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="padding-bottom: 1pt; font-weight: bold"> </td> <td colspan="2" id="xdx_496_20230401__20240331__us-gaap--DisposalGroupClassificationAxis__us-gaap--SegmentDiscontinuedOperationsMember_zIhbvteqpRa2" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">For the years ended March 31, 2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40C_eus-gaap--DisposalGroupIncludingDiscontinuedOperationRevenue_zICMccC3d1Lh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Revenue</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">130,615</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">1,999,056</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--IncomeLossFromDiscontinuedOperationsNetOfTax_zmZoe0m8yun4" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Net loss</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(1,451,327</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">462,886</td><td style="text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; font-weight: bold; text-align: center"> </td><td style="padding-bottom: 1pt; font-weight: bold"> </td> <td colspan="2" id="xdx_496_20240401__20250317__us-gaap--DisposalGroupClassificationAxis__us-gaap--SegmentDiscontinuedOperationsMember_zfEMycu9GEG5" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">From April 1, 2024 to March 17, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="padding-bottom: 1pt; font-weight: bold"> </td> <td colspan="2" id="xdx_498_20230401__20240331__us-gaap--DisposalGroupClassificationAxis__us-gaap--SegmentDiscontinuedOperationsMember_zgUmcZhYP95f" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the years ended March 31, 2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40B_eus-gaap--CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations_zcF4jctatVK5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Net cash used in operating activities</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">(3,182,287</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">(1,500,154</td><td style="width: 1%; text-align: left">)</td></tr> <tr id="xdx_403_eus-gaap--CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations_zbipuTJqWPUi" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Net cash provided by investing activities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,788</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations_zsanriL0N0Sh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Net cash provided by (used in) financing activities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations_zVDZEF4zStoa" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Effects of exchange rate changes on cash</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,649,736</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(559,935</td><td style="text-align: left">)</td></tr> <tr id="xdx_406_eus-gaap--CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffectDisposalGroupIncludingDiscontinuedOperations_zTp1O98mv8aj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Net decrease in cash and cash equivalents – Discontinued operations</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(1,532,551</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(2,055,301</td><td style="text-align: left">)</td></tr> </table>

130615

1999056

-1451327

462886

-3182287

-1500154

4788

1649736

-559935

-1532551

-2055301

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">4.</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Cash</td></tr> </table> Cash consisted of the following: Schedule of cash <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20260331_zNAqonSVVXk3" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20250331_zW7g8M2rZHO6" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40C_eus-gaap--Cash_iI_zwaOznNREvvc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Cash on hand</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">376</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">363</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--DueFromBanks_iI_zN8VMLyi3hZf" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Bank balances</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">242,611</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,217,396</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--OtherCashEquivalentsAtCarryingValue_iI_zJtYzOalZMe" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt">Funds held in brokerage account</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">217</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">209</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--CashEquivalentsAtCarryingValue_iTI_zVjK5zbXXSSj" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">243,204</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,217,968</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

Cash consisted of the following: Schedule of cash <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20260331_zNAqonSVVXk3" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20250331_zW7g8M2rZHO6" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40C_eus-gaap--Cash_iI_zwaOznNREvvc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Cash on hand</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">376</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">363</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--DueFromBanks_iI_zN8VMLyi3hZf" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Bank balances</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">242,611</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,217,396</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--OtherCashEquivalentsAtCarryingValue_iI_zJtYzOalZMe" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt">Funds held in brokerage account</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">217</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">209</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--CashEquivalentsAtCarryingValue_iTI_zVjK5zbXXSSj" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">243,204</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,217,968</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

376

363

242611

1217396

217

209

243204

1217968

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">5.</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Accounts receivable, net</td></tr> </table> Accounts receivable, net consisted of the following: Schedule of accounts receivable <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20260331_z98O1LNtvZH8" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20250331_zxmfCDK7fKGd" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_406_eus-gaap--AccountsReceivableGrossCurrent_iI_maARNCztM5_znQ51JVlgZfc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Accounts receivable, gross</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">160,616</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--AllowanceForDoubtfulAccountsReceivableCurrent_iNI_di_msARNCztM5_zXWpHu8y4L6" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Less: allowance for credit losses</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(160,616</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_401_eus-gaap--AccountsReceivableNet_iTI_mtARNzL6h_z8cEy6mrZ4ic" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Total Accounts receivable, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> The credit losses are recorded in General and administrative expenses in the consolidated statements of operations and comprehensive income. During the year ended March 31, 2026, the Group fully wrote off outstanding accounts receivable totaling $166,624. Based on management’s assessment, balances were deemed irrecoverable as business relationships with the respective counterparties had long been terminated and the outstanding receivables had remained unpaid for an extended duration. As a result, the gross accounts receivable and related allowance for credit losses were derecognized.

Accounts receivable, net consisted of the following: Schedule of accounts receivable <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20260331_z98O1LNtvZH8" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20250331_zxmfCDK7fKGd" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_406_eus-gaap--AccountsReceivableGrossCurrent_iI_maARNCztM5_znQ51JVlgZfc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Accounts receivable, gross</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">160,616</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--AllowanceForDoubtfulAccountsReceivableCurrent_iNI_di_msARNCztM5_zXWpHu8y4L6" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Less: allowance for credit losses</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(160,616</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_401_eus-gaap--AccountsReceivableNet_iTI_mtARNzL6h_z8cEy6mrZ4ic" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Total Accounts receivable, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

160616

166624

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">6.</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Prepayments and other current assets</td></tr> </table> Prepayments and other current assets consisted of the following: Schedule of prepayments and other current assets <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20260331_zJw2YMu43flg" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_493_20250331_zrHQ1CXyEQVd" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_401_eus-gaap--PrepaidTaxes_iI_maPEAOAzfJI_z7eGycpObtSe" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Prepaid VAT</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">48,046</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--OtherPrepaidExpenseCurrent_iI_maPEAOAzfJI_zOTHIVlyehM" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Prepaid service fees</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">5,842</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">53,461</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--PrepaidExpenseAndOtherAssetsCurrent_iTI_mtPEAOAzfJI_zaOQ3fIeSkp6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">53,888</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">53,461</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> Prepaid service fees for the years ended March 31, 2025 represent telecommunications service fees and resource usage fees paid in advance to institutions of higher education to obtain access to their online course resources. Prepaid service fees for the years ended March 31, 2026 refer to promotional expenses incurred for marketing purposes. The prepayments are generally short-term in nature and are amortized over the related service period.

Prepayments and other current assets consisted of the following: Schedule of prepayments and other current assets <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20260331_zJw2YMu43flg" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_493_20250331_zrHQ1CXyEQVd" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_401_eus-gaap--PrepaidTaxes_iI_maPEAOAzfJI_z7eGycpObtSe" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Prepaid VAT</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">48,046</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--OtherPrepaidExpenseCurrent_iI_maPEAOAzfJI_zOTHIVlyehM" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Prepaid service fees</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">5,842</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">53,461</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--PrepaidExpenseAndOtherAssetsCurrent_iTI_mtPEAOAzfJI_zaOQ3fIeSkp6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">53,888</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">53,461</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

48046

5842

53461

53888

53461

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">7.</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Other receivables, net</td></tr> </table> Schedule of other receivables <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_493_20260331_zfHN0z68r0C6" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_491_20250331_zCvn4JMQq0u2" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_401_eus-gaap--OtherReceivablesGrossCurrent_iI_maORNCzveW_zIerO5UQd2Hl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Other receivables</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">69,110</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">89,493</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--AllowanceForDoubtfulOtherReceivablesCurrent_iNI_di_msORNCzveW_znMuLXxzglbj" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less: allowance for credit losses</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(60,699</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(58,510</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_406_eus-gaap--OtherReceivables_iTI_mtORz9zJ_zMIWALlblNj1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Other receivables, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">8,411</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">30,983</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> The allowance for credit loss was made on receivable due from Hunan Medical Star Technology Co., Ltd. (“Medical Star”). The Company believed collectability was remote, as Medical Star had sustained ongoing operating losses and lacked the financial capacity to settle its outstanding payables, which was consistent with the full impairment already recorded against the Company’s equity investment in Medical Star as disclosed in Note 8, Long-term Investments. SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Schedule of other receivables <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_493_20260331_zfHN0z68r0C6" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_491_20250331_zCvn4JMQq0u2" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_401_eus-gaap--OtherReceivablesGrossCurrent_iI_maORNCzveW_zIerO5UQd2Hl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Other receivables</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">69,110</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">89,493</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--AllowanceForDoubtfulOtherReceivablesCurrent_iNI_di_msORNCzveW_znMuLXxzglbj" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less: allowance for credit losses</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(60,699</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(58,510</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_406_eus-gaap--OtherReceivables_iTI_mtORz9zJ_zMIWALlblNj1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Other receivables, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">8,411</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">30,983</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

69110

89493

60699

58510

8411

30983

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">8.</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Long-term investment, net</td></tr> </table> Long-term investment, net consists of investments in privately held company. The following table sets forth the changes in the Group’s Long-term investments: Schedule of long-term investment <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_4B7_srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_custom--FujianPingtanOceanFisheryGroupCo.LtdMember_zmT8KY3uE8Eh" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Investment-1</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_4BB_srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_custom--ChangshaTangshiYipaiMedicalTechnologyCoLtdMember_zdib0Mzi4Srg" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Investment-2</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_4BA_srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_custom--YapingZhouMember_zh2aeMmDVtrb" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Investment-3</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_4B1_zeuXbMtbARe9" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Total</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold"> </td> <td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold; text-align: center">USD</td><td style="font-weight: bold; text-align: center"> </td><td style="text-align: center; font-weight: bold"> </td> <td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold; text-align: center">USD</td><td style="font-weight: bold; text-align: center"> </td><td style="text-align: center; font-weight: bold"> </td> <td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold; text-align: center">USD</td><td style="font-weight: bold; text-align: center"> </td><td style="text-align: center; font-weight: bold"> </td> <td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold; text-align: center">USD</td><td style="font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_432_c20250401__20260331_eus-gaap--EquityMethodInvestments_iS_zDqX62bwXGjj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 36%; font-weight: bold">Balance as of March 31, 2025</td><td style="width: 2%; font-weight: bold"> </td> <td style="width: 1%; font-weight: bold; text-align: left"> </td><td style="width: 12%; font-weight: bold; text-align: right">—</td><td style="width: 1%; font-weight: bold; text-align: left"> </td><td style="width: 2%; font-weight: bold"> </td> <td style="width: 1%; font-weight: bold; text-align: left"> </td><td style="width: 12%; font-weight: bold; text-align: right">13,159,074</td><td style="width: 1%; font-weight: bold; text-align: left"> </td><td style="width: 2%; font-weight: bold"> </td> <td style="width: 1%; font-weight: bold; text-align: left"> </td><td style="width: 12%; font-weight: bold; text-align: right">—</td><td style="width: 1%; font-weight: bold; text-align: left"> </td><td style="width: 2%; font-weight: bold"> </td> <td style="width: 1%; font-weight: bold; text-align: left"> </td><td style="width: 12%; font-weight: bold; text-align: right">13,159,074</td><td style="width: 1%; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--IncomeLossFromEquityMethodInvestments_zvVbqZbeb4vh" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Share gain (loss) from equity investments</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--EquityMethodInvestmentRealizedGainLossOnDisposal_zmuaHXkuOqEi" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Loss due to valuation</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_ecustom--EquityMethodInvestmentsOtherThanTemporaryImpairment_iN_di_zL92ChEl8Nm9" style="vertical-align: bottom; background-color: White"> <td>Impairment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(5,305,764</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(5,305,764</td><td style="text-align: left">)</td></tr> <tr id="xdx_403_ecustom--ForeignCurrencyTranslationAdjustmentsFromEquityMethodInvestments_iN_di_zra5kFxpqQc4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Foreign currency translation adjustments</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">372,327</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">372,327</td><td style="text-align: left"> </td></tr> <tr id="xdx_432_c20250401__20260331_eus-gaap--EquityMethodInvestments_iE_zwe0cGmZ4E41" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold">Balance as of March 31, 2026</td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold; text-align: right">—</td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold; text-align: right">8,225,637</td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold; text-align: right">—</td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold; text-align: right">8,225,637</td><td style="font-weight: bold; text-align: left"> </td></tr> </table> Investment-1: In August 2021, the Group entered into an agreement with Fu Zhi Zhong He (Beijing) Health Technology Co., Ltd., Changsha Tangshi Yipai Medical Technology Co., Ltd., and Yaping Zhou to establish a joint venture, Medical Star, in China for the development of a traditional Chinese medicine learning platform and the training of interdisciplinary talents proficient in both traditional Chinese and Western medicine. The Group acquired a 20% equity interest in Medical Star via a share subscription, with total cash consideration of $<span id="xdx_905_eus-gaap--PaymentsToAcquireEquityMethodInvestments_c20210801__20210831__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--MedicalStarMember_zePNkyC93MPg" title="Cash consideration">281,889 (RMB <span id="xdx_901_eus-gaap--PaymentsToAcquireEquityMethodInvestments_uRMB_c20210801__20210831__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--MedicalStarMember_zGEaPTEcWiLb" title="Cash consideration">2,000,000). Medical Star’s board of directors comprises seven directors. Per the joint venture agreement, the Company holds the right to appoint 3 directors to Medical Star’s board, granting the Group <span id="xdx_908_ecustom--PercentageOfVotingInterestAcquired_pid_dp_uPure_c20260331__20260331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--MedicalStarMember_z7zjTXRI217k" title="Percentage of voting interest acquired">43% voting power in the investee and significant influence over Medical Star’s operating and financial policies. As of March 31, 2023, the Company assessed that Medical Star would continue to incur operating losses and would be unable to secure additional financing within the next twelve months. Accordingly, the Company recognized a full impairment loss on this investment, and the carrying amount was nil as of March 31, 2023. Investment-2: In January 2022, the Group reached an agreement with China Agriculture Industry Development Foundation Co., Ltd., to purchase its <span id="xdx_90B_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_pid_dp_c20220131__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--FujianPingtanOceanFisheryGroupCo.LtdMember_zWo3W3p2K29g" title="Equity method investment, ownership percentage">3% equity ownership of Fujian Pingtan Ocean Fishery Group Co., Ltd. (“Fujian Fishery”), in the name of Wuxi Kingway, a deconsolidated VIE entity of the Group, with a total consideration of $<span id="xdx_903_eus-gaap--PaymentsToAcquireEquityMethodInvestments_c20220101__20220131__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--FujianPingtanOceanFisheryGroupCo.LtdMember_zfqVTpWQZWUk" title="Cash consideration">13,096,934 (RMB<span id="xdx_906_eus-gaap--PaymentsToAcquireEquityMethodInvestments_uRMB_c20220101__20220131__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--FujianPingtanOceanFisheryGroupCo.LtdMember_zQmMrysqD1s7" title="Cash consideration">94,012,410). Fujian Fishery has 5 directors on its board. According to the shareholders minute, the Company appointed 1 director to the board of Fujian Fishery, thus it has <span id="xdx_905_ecustom--PercentageOfVotingInterestAcquired_pid_dp_uPure_c20220101__20220131__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--FujianPingtanOceanFisheryGroupCo.LtdMember_zDbS6Zyz33Bh" title="Percentage of voting interest acquired">20% voting power in the investee and has a significant influence over the operating and financial policies of Fujian Fishery. Wuxi Kingway transferred its <span id="xdx_90C_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_pid_dp_uPure_c20241217__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--FujianPingtanOceanFisheryGroupCo.LtdMember_z1G4wi263Wf2">3% equity share in Fujian Fishery to WOFE on December 17, 2024 by entering into an Equity Share Transfer Agreement. After the transfer, WOFE started to pick up the investment interest from Fujian Fishery. Due to the transfer took place before VIE termination, the transfer was completed under common control. Subsequently, as part of termination of VIE on March 17, 2025, the common control between WOFE and Wuxi Kingway ceased to exist. The Company engaged third party valuation specialist for evaluation of the fair value of long-term investment. As a result, the Company recognized the difference of $<span id="xdx_900_eus-gaap--EquityMethodInvestmentRealizedGainLossOnDisposal_iN_di_c20240401__20250331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--FujianPingtanOceanFisheryGroupCo.LtdMember_ziANpQClfVIl" title="Equity method investment, realized gain (loss) on disposal">3,471,165 (RMB <span id="xdx_907_eus-gaap--EquityMethodInvestmentRealizedGainLossOnDisposal_iN_di_uRMB_c20240401__20250331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--FujianPingtanOceanFisheryGroupCo.LtdMember_z1qsh7Iroxrg">24,916,714) between fair value of $13,159,074 and book value of $16,630,239. Upon completion of VIE termination, the Company has recognized a total loss of $4,602,415, including net loss from discontinued operations for the period from April 1, 2024 to March 17, 2025. On April 1, 2025, WOFE entered into an agreement with the investee to waive its right to appoint a director to the board of Fujian Fishery. Following the waiver of board representation rights, the Group no longer possessed significant influence over the investee. The investment was therefore accounted for under ASC 321. Since there was no readily determinable fair value for the investment, the Group elected the measurement alternative and carried the investment at cost. Prior to March 31, 2026, the Group commenced the disposal process for its <span id="xdx_90B_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_pid_dp_uPure_c20260330__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--FujianPingtanOceanFisheryGroupCo.LtdMember_zr4cWVJIji4i" title="Equity method investment, ownership percentage">3% equity interest in Fujian Fishery, including buyer identification, valuation analysis, and preliminary price negotiations, which indicated potential impairment as of the balance sheet date. In early August 2026, the Group entered into a binding equity transfer agreement with an independent third party, to dispose of its Hong Kong entity together with the Hong Kong entity’s subsidiaries for aggregate consideration of US$<span id="xdx_90A_eus-gaap--RelatedPartyTransactionAmountsOfTransaction_pn5n6_c20260801__20260831__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--TypeOfArrangementAxis__custom--EquityTransferAgreementMember_zR2RmfEaOwrf" title="Price per share">4.5 million. Excluding other working capital items held by the disposed subsidiaries whose fair values approximated carrying amounts, approximately RMB<span id="xdx_90C_eus-gaap--ImpairmentOfLongLivedAssetsToBeDisposedOf_pn5n6_uRMB_c20260801__20260801__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zfZP35xbjci1" title="Disposed subsidiaries fair value">56.9 million (approximately US$<span id="xdx_90C_eus-gaap--ImpairmentOfLongLivedAssetsToBeDisposedOf_pn5n6_c20260801__20260801__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zKPvN3QfAbN6" title="Disposed subsidiaries fair value">8.2 million) of the consideration was attributable to the Fujian Fishery’ investment. The post-balance-sheet disposal deal, which stemmed from negotiations ongoing at year-end, confirmed the existence of impairment indicators for the investment as at March 31, 2026. Accordingly, the Group recognized an impairment loss under ASC 321 and ASC 820 to write down the investment of US$<span id="xdx_905_eus-gaap--RestructuringCostsAndAssetImpairmentCharges_pn5n6_uUSD_c20260801__20260801__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zukZLsGph5Ri" title="Restructuring costs and asset impairment charges">5.3 million (approximately RMB<span id="xdx_90B_eus-gaap--RestructuringCostsAndAssetImpairmentCharges_pn5n6_uRMB_c20260801__20260801__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_z1zwvMoTpPc4" title="Restructuring costs and asset impairment charges">37.5 million), establishing its new cost basis. The measurement was categorized within Level 2 of the fair value hierarchy. <span id="xdx_907_ecustom--InitialInstallmentDisposalDescription_iI_c20260801__20260801__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zjx9bCcMsGk" title="Initial installment disposal description">The initial installment from the disposal of US$0.9 million (20%) has been paid in early August 2026, with the remainder payable per the contractual schedule. Investment-3: The Company made a down payment to the shareholder of Wuxi Talent Home Information Technology Co. Ltd., (“Wuxi Talent”) as a part of <span id="xdx_908_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_pid_dp_c20210805__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--WuxiTalentMember_zxvHYHjNIQR5" title="Equity method investment, ownership percentage">60% share purchase and long-term investment. On August 5, 2022, the Group issued <span id="xdx_907_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20220805__20220805__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--WuxiTalentMember_z1z5CD58pGp3" title="Shares issued to Wuxi Shareholders">791,667 shares to the two shareholders of Wuxi Talent as a part of the acquisition consideration, and on July 23, 2023, the <span id="xdx_90C_ecustom--SharesBoughtBack_c20230723__20230723__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--WuxiTalentMember_zejbXOKDVw0j" title="Shares issued to Wuxi Shareholders returned">791,667 shares were returned to the Company for cancellation. The paid cash consideration of $<span id="xdx_90A_eus-gaap--PaymentsToAcquireEquityMethodInvestments_c20230723__20230723__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--WuxiTalentMember_zTsUFHfCi9Yj" title="Cash consideration">1,820,791 (RMB<span id="xdx_905_eus-gaap--PaymentsToAcquireEquityMethodInvestments_uRMB_c20230723__20230723__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--WuxiTalentMember_zKrZUY9UobUl" title="Cash consideration">13,070,000) was used as investment in Wuxi Talent for <span id="xdx_90A_ecustom--PercentageOfVotingInterestAcquired_pid_dp_uPure_c20230723__20230723__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--WuxiTalentMember_zJyiq2um6PEf" title="Percentage of voting interest acquired">35% of all equity interest of Wuxi Talent by WOFE. In October 2023, the <span id="xdx_90B_ecustom--PercentageOfVotingInterestTransferred_pid_dp_uPure_c20231001__20231031__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--WuxiTalentMember_zHbnBnkx1jCa" title="Percentage of voting interest transferred">35% of all equity interest of Wuxi Talent was transferred to WOFE. Wuxi Talent has <span id="xdx_90D_ecustom--NumberOfDirectorsInBoard_c20240401__20250331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--WuxiTalentMember_zAnIghFcMnkd" title="Number of directors in board">3 directors on its board. According to the shareholders minute, the directors were elected by the shareholder meeting, and the Company has 35% voting right in the investee and has a significant influence over the operating and financial policies of Wuxi Talent. For the fiscal year ended March 31, 2025, the Company recorded a proportionate loss of $<span id="xdx_905_eus-gaap--IncomeLossFromEquityMethodInvestments_c20240401__20250331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--WuxiTalentMember_z0Ty9jFoYqI" title="Loss on investment">11,073 attributable to its investment in Wuxi Talent, resulting from Wuxi Talent’s net operating loss during the same fiscal year. Given the sustained sluggish macroeconomic environment, the Company projected that Wuxi Talent would continue to operate at a loss and would be unable to obtain additional financing within the subsequent twelve months. Accordingly, the Company fully impaired the entire carrying value of its investment in Wuxi Talent as of March 31, 2025. SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

Long-term investment, net consists of investments in privately held company. The following table sets forth the changes in the Group’s Long-term investments: Schedule of long-term investment <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_4B7_srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_custom--FujianPingtanOceanFisheryGroupCo.LtdMember_zmT8KY3uE8Eh" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Investment-1</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_4BB_srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_custom--ChangshaTangshiYipaiMedicalTechnologyCoLtdMember_zdib0Mzi4Srg" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Investment-2</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_4BA_srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_custom--YapingZhouMember_zh2aeMmDVtrb" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Investment-3</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_4B1_zeuXbMtbARe9" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Total</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold"> </td> <td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold; text-align: center">USD</td><td style="font-weight: bold; text-align: center"> </td><td style="text-align: center; font-weight: bold"> </td> <td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold; text-align: center">USD</td><td style="font-weight: bold; text-align: center"> </td><td style="text-align: center; font-weight: bold"> </td> <td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold; text-align: center">USD</td><td style="font-weight: bold; text-align: center"> </td><td style="text-align: center; font-weight: bold"> </td> <td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold; text-align: center">USD</td><td style="font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_432_c20250401__20260331_eus-gaap--EquityMethodInvestments_iS_zDqX62bwXGjj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 36%; font-weight: bold">Balance as of March 31, 2025</td><td style="width: 2%; font-weight: bold"> </td> <td style="width: 1%; font-weight: bold; text-align: left"> </td><td style="width: 12%; font-weight: bold; text-align: right">—</td><td style="width: 1%; font-weight: bold; text-align: left"> </td><td style="width: 2%; font-weight: bold"> </td> <td style="width: 1%; font-weight: bold; text-align: left"> </td><td style="width: 12%; font-weight: bold; text-align: right">13,159,074</td><td style="width: 1%; font-weight: bold; text-align: left"> </td><td style="width: 2%; font-weight: bold"> </td> <td style="width: 1%; font-weight: bold; text-align: left"> </td><td style="width: 12%; font-weight: bold; text-align: right">—</td><td style="width: 1%; font-weight: bold; text-align: left"> </td><td style="width: 2%; font-weight: bold"> </td> <td style="width: 1%; font-weight: bold; text-align: left"> </td><td style="width: 12%; font-weight: bold; text-align: right">13,159,074</td><td style="width: 1%; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--IncomeLossFromEquityMethodInvestments_zvVbqZbeb4vh" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Share gain (loss) from equity investments</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--EquityMethodInvestmentRealizedGainLossOnDisposal_zmuaHXkuOqEi" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Loss due to valuation</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_ecustom--EquityMethodInvestmentsOtherThanTemporaryImpairment_iN_di_zL92ChEl8Nm9" style="vertical-align: bottom; background-color: White"> <td>Impairment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(5,305,764</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(5,305,764</td><td style="text-align: left">)</td></tr> <tr id="xdx_403_ecustom--ForeignCurrencyTranslationAdjustmentsFromEquityMethodInvestments_iN_di_zra5kFxpqQc4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Foreign currency translation adjustments</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">372,327</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">372,327</td><td style="text-align: left"> </td></tr> <tr id="xdx_432_c20250401__20260331_eus-gaap--EquityMethodInvestments_iE_zwe0cGmZ4E41" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold">Balance as of March 31, 2026</td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold; text-align: right">—</td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold; text-align: right">8,225,637</td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold; text-align: right">—</td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold; text-align: right">8,225,637</td><td style="font-weight: bold; text-align: left"> </td></tr> </table>

13159074

5305764 5305764 -372327 -372327

8225637

0.20

281889

2000000

0.43

0.03

13096934

94012410

0.20

0.03

-3471165

-24916714

13159074

16630239

-4602415

0.03

4500000

56900000

8200000

5300000

37500000

The initial installment from the disposal of US$0.9 million (20%) has been paid in early August 2026, with the remainder payable per the contractual schedule.

0.60

791667

1820791

13070000

0.35 0.35 3 According to the shareholders minute, the directors were elected by the shareholder meeting, and the Company has 35% voting right in the investee and has a significant influence over the operating and financial policies of Wuxi Talent.

11073

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">9.</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Property and equipment, net</td></tr> </table> Property and equipment consisted of the following: Schedule of property and equipment, net <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_495_20260331_z57gOc8twp6h" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_490_20250331_zfVHoYo3ti8e" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_408_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--ServerHardwareMember_zxaHsXXy7VOj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Server hardware</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">4,087</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">3,939</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--VehiclesMember_zKDw5zMZmUu3" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Vehicles</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">99,349</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">95,767</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--PropertyPlantAndEquipmentGross_iI_maPPAENz6jH_zROUdUJmpK95" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Property and equipment, gross</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">103,436</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">99,706</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_iNI_di_msPPAENz6jH_zygXh9qf8fb2" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Less: accumulated depreciation</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(85,884</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(64,591</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_401_eus-gaap--PropertyPlantAndEquipmentNet_iTI_mtPPAENz6jH_maPPAECz3u2_zw9PGr8DW1q7" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Property and equipment, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">17,552</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">35,115</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> There was no impairment to property and equipment for the years ended March 31, 2026 and 2025. Total depreciation expenses were $18,459 and $18,306 for the years ended March 31, 2026 and 2025, respectively.

Property and equipment consisted of the following: Schedule of property and equipment, net <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_495_20260331_z57gOc8twp6h" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_490_20250331_zfVHoYo3ti8e" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_408_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--ServerHardwareMember_zxaHsXXy7VOj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Server hardware</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">4,087</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">3,939</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--VehiclesMember_zKDw5zMZmUu3" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Vehicles</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">99,349</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">95,767</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--PropertyPlantAndEquipmentGross_iI_maPPAENz6jH_zROUdUJmpK95" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Property and equipment, gross</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">103,436</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">99,706</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_iNI_di_msPPAENz6jH_zygXh9qf8fb2" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Less: accumulated depreciation</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(85,884</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(64,591</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_401_eus-gaap--PropertyPlantAndEquipmentNet_iTI_mtPPAENz6jH_maPPAECz3u2_zw9PGr8DW1q7" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Property and equipment, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">17,552</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">35,115</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

4087

3939

99349

95767

103436

99706

85884

64591

17552

35115

0 0

18459

18306

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 24px; text-align: justify">10.</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Operating lease</td></tr> </table> Schedule of operating right of use asset net <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">March 31,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Increase/</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Exchange rate</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">March 31,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">(Decrease)</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">translation</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 36%; text-align: justify; padding-bottom: 1pt">Office lease - Shenzhen Wan</td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_981_ecustom--OperatingLeaseRightOfUseAssetAtCost_iI_c20250331__us-gaap--LeaseContractualTermAxis__custom--OperatingRightOfUseAssetsShenzhenWanMember_z5TwOXTAOvgc" style="border-bottom: Black 1pt solid; width: 12%; text-align: right" title="Total right-of-use assets, at cost">197,835</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98C_ecustom--IncreaseDecreaseInRightOfUseAssetsAtCost_iI_c20260331__us-gaap--LeaseContractualTermAxis__custom--OperatingRightOfUseAssetsShenzhenWanMember_zGUWbCAmDTue" style="border-bottom: Black 1pt solid; width: 12%; text-align: right" title="Total right-of-use assets, at cost, increase/(decrease)">—</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_988_ecustom--ExchangeRateTranslationInRightOfUseAssetsAtCost_iI_c20260331__us-gaap--LeaseContractualTermAxis__custom--OperatingRightOfUseAssetsShenzhenWanMember_zj8HmQjw8qHk" style="border-bottom: Black 1pt solid; width: 12%; text-align: right" title="Total right-of-use assets, at cost, Exchange rate translation">7,399</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_982_ecustom--OperatingLeaseRightOfUseAssetAtCost_iI_c20260331__us-gaap--LeaseContractualTermAxis__custom--OperatingRightOfUseAssetsShenzhenWanMember_zQm5bimgi8a9" style="border-bottom: Black 1pt solid; width: 12%; text-align: right" title="Total right-of-use assets, at cost">205,235</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Total right-of-use assets, at cost</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--OperatingLeaseRightOfUseAssetAtCost_iI_c20250331_zO4YtxXDqhFa" style="text-align: right" title="Total right-of-use assets, at cost">197,835</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--IncreaseDecreaseInRightOfUseAssetsAtCost_iI_c20260331_zWIx1I9vVgee" style="text-align: right" title="Total right-of-use assets, at cost, increase/(decrease)">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--ExchangeRateTranslationInRightOfUseAssetsAtCost_iI_c20260331_zzZbTxoRjfNl" style="text-align: right" title="Total right-of-use assets, at cost, Exchange rate translation">7,399</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--OperatingLeaseRightOfUseAssetAtCost_iI_c20260331_z0VnRRl1uLK" style="text-align: right" title="Total right-of-use assets, at cost">205,235</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt">Less: accumulated amortization</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_ecustom--AccumulatedAmortization_iI_c20250331_zlcMMO1IPGS" style="border-bottom: Black 1pt solid; text-align: right" title="Less: accumulated amortization">(97,214</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_ecustom--IncreaseDecreaseInAccumulatedAmortization_iI_c20260331_zUgm9t5poHui" style="border-bottom: Black 1pt solid; text-align: right" title="Increase decreaseIn accumulated amortization">(102,079</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_ecustom--ExchangeRateTranslationInAccumulatedAmortization_iI_c20260331_zZ86iRlNCy5k" style="border-bottom: Black 1pt solid; text-align: right" title="Accumulated amortization, Exchange rate translation">(5,942</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_ecustom--AccumulatedAmortization_iI_c20260331_zKDCqYxUQBA6" style="border-bottom: Black 1pt solid; text-align: right" title="Less: accumulated amortization">(205,235</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Right-of-use assets, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--OperatingLeaseRightOfUseAsset_iI_c20250331_zVRrsyWYj8zl" style="border-bottom: Black 2.5pt double; text-align: right" title="Right-of-use assets, net">100,621</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_ecustom--IncreaseDecreaseInOperatingLeaseRightOfUseAsset_iI_c20260331_zscZXhD0Klm8" style="border-bottom: Black 2.5pt double; text-align: right" title="Right-of-use assets, net, Increase (decrease)">(102,079</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_ecustom--ExchangeRateTranslationInOperatingLeaseRightOfUseAsset_iI_c20260331_zmAuR561tBEi" style="border-bottom: Black 2.5pt double; text-align: right" title="Right-of-use assets, net, Exchange rate translation">1,458</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--OperatingLeaseRightOfUseAsset_iI_c20260331_zaudJ4t3BItl" style="border-bottom: Black 2.5pt double; text-align: right" title="Right-of-use assets, net">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Office lease - Shenzhen Wan</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_986_eus-gaap--OperatingLeaseLiabilityCurrent_iI_c20250331__us-gaap--LeaseContractualTermAxis__custom--OperatingLeaseLiabilityShenzhenWanMember_zTZ1ncSyKbhg" style="border-bottom: Black 1pt solid; text-align: right" title="Total operating lease liability">100,621</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98C_ecustom--IncreaseDecreaseInOperatingLeaseLiabilities_iI_c20260331__us-gaap--LeaseContractualTermAxis__custom--OperatingLeaseLiabilityShenzhenWanMember_z78GG7DTsWkd" style="border-bottom: Black 1pt solid; text-align: right" title="Total operating lease liability, increase/(decrease)">(100,621</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_984_ecustom--ExchangeRateTranslationInOperatingLeaseLiabilityAtCost_iI_c20260331__us-gaap--LeaseContractualTermAxis__custom--OperatingLeaseLiabilityShenzhenWanMember_zlnS9WYw2Oz9" style="border-bottom: Black 1pt solid; text-align: right" title="Total operating lease liability, Exchange rate translation">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98A_eus-gaap--OperatingLeaseLiabilityCurrent_iI_c20260331__us-gaap--LeaseContractualTermAxis__custom--OperatingLeaseLiabilityShenzhenWanMember_zL8mrKMWOpx6" style="border-bottom: Black 1pt solid; text-align: right" title="Total operating lease liability">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Total operating lease liability</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--OperatingLeaseLiabilityCurrent_iI_c20250331_zZjQhG7iWco7" style="border-bottom: Black 2.5pt double; text-align: right" title="Total operating lease liability">100,621</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_ecustom--IncreaseDecreaseInOperatingLeaseLiabilities_iI_c20260331_zNMmdUVsCQga" style="border-bottom: Black 2.5pt double; text-align: right" title="Total operating lease liability, increase/(decrease)">(100,621</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_ecustom--ExchangeRateTranslationInOperatingLeaseLiabilityAtCost_iI_c20260331_ztEtW2W4BuMd" style="border-bottom: Black 2.5pt double; text-align: right" title="Total operating lease liability, Exchange rate translation">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--OperatingLeaseLiabilityCurrent_iI_c20260331_zkog9GF8pJd1" style="border-bottom: Black 2.5pt double; text-align: right" title="Total operating lease liability">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> The Company recognized lease expense for the operating lease of an office at Shenzhen Wan for a <span id="xdx_90E_eus-gaap--LesseeOperatingLeaseTermOfContract_iI_dtY_c20260331__us-gaap--LeaseContractualTermAxis__custom--OperatingLeaseLiabilityShenzhenWanMember_zzvbr43mHjc4" title="Operating lease term">2two-year period over a straight-line basis. ROU amortization of $102,079 was recognized for the year ended March 31, 2026. During the fiscal years ended March 31, 2026 and 2025, the Company’s recognized rental expenses amounted to $8,635 and $83,041, respectively, pertaining to short-term leases. The Company’s lease agreements do not have a discount rate that is readily determinable. The incremental borrowing rate is determined at lease commencement or lease modification and represents the rate of interest the Company would have to pay to borrow on a collateralized basis over a similar term and an amount equal to the lease payments in a similar economic environment. As of March 31, 2026, the weighted average discount rate was 3.45% for the operating leases. SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

Schedule of operating right of use asset net <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">March 31,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Increase/</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Exchange rate</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">March 31,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">(Decrease)</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">translation</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 36%; text-align: justify; padding-bottom: 1pt">Office lease - Shenzhen Wan</td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_981_ecustom--OperatingLeaseRightOfUseAssetAtCost_iI_c20250331__us-gaap--LeaseContractualTermAxis__custom--OperatingRightOfUseAssetsShenzhenWanMember_z5TwOXTAOvgc" style="border-bottom: Black 1pt solid; width: 12%; text-align: right" title="Total right-of-use assets, at cost">197,835</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98C_ecustom--IncreaseDecreaseInRightOfUseAssetsAtCost_iI_c20260331__us-gaap--LeaseContractualTermAxis__custom--OperatingRightOfUseAssetsShenzhenWanMember_zGUWbCAmDTue" style="border-bottom: Black 1pt solid; width: 12%; text-align: right" title="Total right-of-use assets, at cost, increase/(decrease)">—</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_988_ecustom--ExchangeRateTranslationInRightOfUseAssetsAtCost_iI_c20260331__us-gaap--LeaseContractualTermAxis__custom--OperatingRightOfUseAssetsShenzhenWanMember_zj8HmQjw8qHk" style="border-bottom: Black 1pt solid; width: 12%; text-align: right" title="Total right-of-use assets, at cost, Exchange rate translation">7,399</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_982_ecustom--OperatingLeaseRightOfUseAssetAtCost_iI_c20260331__us-gaap--LeaseContractualTermAxis__custom--OperatingRightOfUseAssetsShenzhenWanMember_zQm5bimgi8a9" style="border-bottom: Black 1pt solid; width: 12%; text-align: right" title="Total right-of-use assets, at cost">205,235</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Total right-of-use assets, at cost</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--OperatingLeaseRightOfUseAssetAtCost_iI_c20250331_zO4YtxXDqhFa" style="text-align: right" title="Total right-of-use assets, at cost">197,835</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--IncreaseDecreaseInRightOfUseAssetsAtCost_iI_c20260331_zWIx1I9vVgee" style="text-align: right" title="Total right-of-use assets, at cost, increase/(decrease)">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--ExchangeRateTranslationInRightOfUseAssetsAtCost_iI_c20260331_zzZbTxoRjfNl" style="text-align: right" title="Total right-of-use assets, at cost, Exchange rate translation">7,399</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--OperatingLeaseRightOfUseAssetAtCost_iI_c20260331_z0VnRRl1uLK" style="text-align: right" title="Total right-of-use assets, at cost">205,235</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt">Less: accumulated amortization</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_ecustom--AccumulatedAmortization_iI_c20250331_zlcMMO1IPGS" style="border-bottom: Black 1pt solid; text-align: right" title="Less: accumulated amortization">(97,214</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_ecustom--IncreaseDecreaseInAccumulatedAmortization_iI_c20260331_zUgm9t5poHui" style="border-bottom: Black 1pt solid; text-align: right" title="Increase decreaseIn accumulated amortization">(102,079</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_ecustom--ExchangeRateTranslationInAccumulatedAmortization_iI_c20260331_zZ86iRlNCy5k" style="border-bottom: Black 1pt solid; text-align: right" title="Accumulated amortization, Exchange rate translation">(5,942</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_ecustom--AccumulatedAmortization_iI_c20260331_zKDCqYxUQBA6" style="border-bottom: Black 1pt solid; text-align: right" title="Less: accumulated amortization">(205,235</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Right-of-use assets, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--OperatingLeaseRightOfUseAsset_iI_c20250331_zVRrsyWYj8zl" style="border-bottom: Black 2.5pt double; text-align: right" title="Right-of-use assets, net">100,621</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_ecustom--IncreaseDecreaseInOperatingLeaseRightOfUseAsset_iI_c20260331_zscZXhD0Klm8" style="border-bottom: Black 2.5pt double; text-align: right" title="Right-of-use assets, net, Increase (decrease)">(102,079</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_ecustom--ExchangeRateTranslationInOperatingLeaseRightOfUseAsset_iI_c20260331_zmAuR561tBEi" style="border-bottom: Black 2.5pt double; text-align: right" title="Right-of-use assets, net, Exchange rate translation">1,458</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--OperatingLeaseRightOfUseAsset_iI_c20260331_zaudJ4t3BItl" style="border-bottom: Black 2.5pt double; text-align: right" title="Right-of-use assets, net">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Office lease - Shenzhen Wan</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_986_eus-gaap--OperatingLeaseLiabilityCurrent_iI_c20250331__us-gaap--LeaseContractualTermAxis__custom--OperatingLeaseLiabilityShenzhenWanMember_zTZ1ncSyKbhg" style="border-bottom: Black 1pt solid; text-align: right" title="Total operating lease liability">100,621</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98C_ecustom--IncreaseDecreaseInOperatingLeaseLiabilities_iI_c20260331__us-gaap--LeaseContractualTermAxis__custom--OperatingLeaseLiabilityShenzhenWanMember_z78GG7DTsWkd" style="border-bottom: Black 1pt solid; text-align: right" title="Total operating lease liability, increase/(decrease)">(100,621</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_984_ecustom--ExchangeRateTranslationInOperatingLeaseLiabilityAtCost_iI_c20260331__us-gaap--LeaseContractualTermAxis__custom--OperatingLeaseLiabilityShenzhenWanMember_zlnS9WYw2Oz9" style="border-bottom: Black 1pt solid; text-align: right" title="Total operating lease liability, Exchange rate translation">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98A_eus-gaap--OperatingLeaseLiabilityCurrent_iI_c20260331__us-gaap--LeaseContractualTermAxis__custom--OperatingLeaseLiabilityShenzhenWanMember_zL8mrKMWOpx6" style="border-bottom: Black 1pt solid; text-align: right" title="Total operating lease liability">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Total operating lease liability</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--OperatingLeaseLiabilityCurrent_iI_c20250331_zZjQhG7iWco7" style="border-bottom: Black 2.5pt double; text-align: right" title="Total operating lease liability">100,621</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_ecustom--IncreaseDecreaseInOperatingLeaseLiabilities_iI_c20260331_zNMmdUVsCQga" style="border-bottom: Black 2.5pt double; text-align: right" title="Total operating lease liability, increase/(decrease)">(100,621</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_ecustom--ExchangeRateTranslationInOperatingLeaseLiabilityAtCost_iI_c20260331_ztEtW2W4BuMd" style="border-bottom: Black 2.5pt double; text-align: right" title="Total operating lease liability, Exchange rate translation">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--OperatingLeaseLiabilityCurrent_iI_c20260331_zkog9GF8pJd1" style="border-bottom: Black 2.5pt double; text-align: right" title="Total operating lease liability">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 197835 7399 205235 197835 7399 205235 -97214 -102079 -5942 -205235

100621

-102079 1458

100621

-100621

100621

-100621

P2Y

102079

8635

83041

0.0345

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">11.</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Accrued expenses</td></tr> </table> Accrued expenses consisted of the following: Schedule of accrued expenses <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20260331_z5oSvBqLpgdf" style="display: none; text-align: center"> </td><td style="display: none; padding-bottom: 1pt"> </td><td style="display: none; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_499_20250331_zG6fzNETmGt3" style="display: none; text-align: center"> </td><td style="display: none; padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40E_eus-gaap--AccruedSalariesCurrent_iI_pp0p0_maAECOzg89_zz9CgqXK9mU1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Accrued payroll</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">116,012</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">330,812</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_405_ecustom--AccruedAuditFees_iI_pp0p0_maAECOzg89_zaMgrfLJBQ15" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Audit fees</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">91,420</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--AccruedProfessionalFeesCurrent_iI_pp0p0_maAECOzg89_zlGL7vbzr4s3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Legal costs</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">83,134</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--AccruedInterest_iI_pp0p0_maAECOzg89_zYY7KbyvZald" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Accrued Interest</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">61,482</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">12,000</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--AccruedRentCurrent_iI_pp0p0_maAECOzg89_z4l4OaAR9aLf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Accrued rental fee</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">36,130</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">167,358</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_ecustom--AccruedNasdaqAnnualListingAndRegistrarFees_iI_pp0p0_maAECOzg89_zL0Quus7yjei" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Accrued Nasdaq annual listing and registrar fees</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">18,125</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_ecustom--AccruedFinancialAdvisoryFee_iI_pp0p0_maAECOzg89_zEQcbUCZmbog" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Accrued financial advisory fee</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">14,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--OtherAccruedLiabilitiesCurrent_iI_pp0p0_maAECOzg89_zJvfEdOmHkvf" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Other</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,994</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6,443</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--AccruedLiabilitiesCurrentAndNoncurrent_iTI_mtAECOzg89_zlvjy0DhIip1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">425,297</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">516,613</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

Accrued expenses consisted of the following: Schedule of accrued expenses <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20260331_z5oSvBqLpgdf" style="display: none; text-align: center"> </td><td style="display: none; padding-bottom: 1pt"> </td><td style="display: none; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_499_20250331_zG6fzNETmGt3" style="display: none; text-align: center"> </td><td style="display: none; padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40E_eus-gaap--AccruedSalariesCurrent_iI_pp0p0_maAECOzg89_zz9CgqXK9mU1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Accrued payroll</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">116,012</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">330,812</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_405_ecustom--AccruedAuditFees_iI_pp0p0_maAECOzg89_zaMgrfLJBQ15" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Audit fees</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">91,420</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--AccruedProfessionalFeesCurrent_iI_pp0p0_maAECOzg89_zlGL7vbzr4s3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Legal costs</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">83,134</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--AccruedInterest_iI_pp0p0_maAECOzg89_zYY7KbyvZald" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Accrued Interest</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">61,482</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">12,000</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--AccruedRentCurrent_iI_pp0p0_maAECOzg89_z4l4OaAR9aLf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Accrued rental fee</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">36,130</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">167,358</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_ecustom--AccruedNasdaqAnnualListingAndRegistrarFees_iI_pp0p0_maAECOzg89_zL0Quus7yjei" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Accrued Nasdaq annual listing and registrar fees</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">18,125</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_ecustom--AccruedFinancialAdvisoryFee_iI_pp0p0_maAECOzg89_zEQcbUCZmbog" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Accrued financial advisory fee</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">14,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--OtherAccruedLiabilitiesCurrent_iI_pp0p0_maAECOzg89_zJvfEdOmHkvf" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Other</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,994</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6,443</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--AccruedLiabilitiesCurrentAndNoncurrent_iTI_mtAECOzg89_zlvjy0DhIip1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">425,297</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">516,613</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

116012

330812

91420

83134

61482 12000

36130

167358

18125 14000

4994

6443

425297

516613

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 24px; text-align: justify">12.</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Promissory note to related parties</td></tr> </table> On September 24, 2024, the Company entered into a one-year promissory note purchase agreement with Bin Fu, Xuejun Ji and Peng Wang, the management of the Company, relating to the issue and sale of a promissory note in the principal amount of $<span id="xdx_90D_eus-gaap--DebtInstrumentFaceAmount_iI_c20240924__us-gaap--TypeOfArrangementAxis__custom--PromissoryNotePurchaseAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--BinFuMember_zoMdXmrXptE5" title="Principal amount">200,000, $<span id="xdx_907_eus-gaap--DebtInstrumentFaceAmount_iI_c20240924__us-gaap--TypeOfArrangementAxis__custom--PromissoryNotePurchaseAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--XuejunJiMember_zFmTUpKzZQF6" title="Principal amount">400,000, and $<span id="xdx_90A_eus-gaap--DebtInstrumentFaceAmount_iI_c20240924__us-gaap--TypeOfArrangementAxis__custom--PromissoryNotePurchaseAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--PengWangMember_zNJ6zUWWAdn" title="Principal amount">400,000, respectively, $1,000,000 in total, at a purchase price of $1,000,000. The annual interest rate is <span id="xdx_906_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20240924__us-gaap--TypeOfArrangementAxis__custom--PromissoryNotePurchaseAgreementMember_z5yhh1HDiEvc" title="Annual interest rate">6%, and the promissory note and related interest will be due on September 23, 2025. By the end of March 31, 2026, the Company received the principal amount of $<span id="xdx_909_eus-gaap--DebtInstrumentFaceAmount_iI_c20260331__us-gaap--TypeOfArrangementAxis__custom--PromissoryNotePurchaseAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--BinFuMember_zTeVKaNdd6B5" title="Principal amount">200,000 from Bin Fu, $<span id="xdx_901_eus-gaap--DebtInstrumentFaceAmount_iI_c20260331__us-gaap--TypeOfArrangementAxis__custom--PromissoryNotePurchaseAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--PengWangMember_zr9fCt7eGrze" title="Principal amount">400,000 from Peng Wang and $<span id="xdx_90C_eus-gaap--DebtInstrumentFaceAmount_iI_c20260331__us-gaap--TypeOfArrangementAxis__custom--PromissoryNotePurchaseAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--XuejunJiMember_zGkiRbp0SWK6" title="Principal amount">400,000 from Xuejun Ji. For the years ended March 31, 2026 and 2025, the accrued related interest expenses were $ 61,482 and $12,000, respectively. The promissory note does not have any conversion feature. The promissory note was originally issued on September 24, 2024, and was scheduled to mature on September 23, 2025. The original maturity was subsequently extended to March 31, 2026. On June 25, 2026, the Company entered into the Second Amendment Agreement with the aforesaid purchasers to further extend the maturity date of such promissory notes for six more months from March 31, 2026 to September 30, 2026. The entire outstanding principal amount of the promissory note, together with any accrued and unpaid interest thereon, shall be due and payable in full on September 30, 2026. All other terms shall remain consistent with the original contract. SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

200000

400000

1000000

0.06

200000

400000

61482

12000

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">13.</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Revenue</td></tr> </table> Disaggregated revenue by type consisted of the following: Schedule of disaggregation of revenue <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49B_20250401__20260331_z03vAmjCx168" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_491_20240401__20250331_z9YOsWakJE6a" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49B_20230401__20240331_zDvHgApWjUdg" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2024</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt; font-weight: bold"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the years ended March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Revenue from continuing operations:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_ecustom--RevenueFromContinuingOperations_hsrt--ProductOrServiceAxis__custom--TechnicalServicesRevenueMember_z2whVBaMIURb" style="vertical-align: bottom; background-color: White"> <td style="width: 46%; text-align: justify; padding-bottom: 1pt; text-indent: 10pt">Technical services revenue</td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 14%; text-align: right">14,133</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td><td style="border-bottom: Black 1pt solid; width: 14%; text-align: right">893,690</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td><td style="border-bottom: Black 1pt solid; width: 14%; text-align: right">—</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Revenue from discontinued operations:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_ecustom--RevenueFromDiscontinuedOperations_hsrt--ProductOrServiceAxis__custom--OnlineVIPMembershipRevenueMember_zN7oBNTrD6u1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; text-indent: 10pt">Online VIP membership revenue</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">117,074</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,596,200</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_ecustom--RevenueFromDiscontinuedOperations_hsrt--ProductOrServiceAxis__custom--OnlineSvipMembershipRevenueMember_zhgHR0ZU0Pqa" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; text-indent: 10pt">Online SVIP membership revenue</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,286</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">379,655</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_ecustom--RevenueFromDiscontinuedOperations_hsrt--ProductOrServiceAxis__custom--TechnicalServicesRevenueMember_zebV7eTPtGb3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt; text-indent: 10pt">Technical services revenue</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">9,255</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">23,201</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_402_ecustom--RevenueFromDiscontinuedOperations_z45N2L1CNBG5" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Total Revenue from discontinued operations</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">—</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">130,615</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,999,056</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> Substantially all of the Group’s revenues were generated from customers located in the PRC, and substantially all of the Group’s long-lived assets were located in the PRC. Accordingly, no geographical segment information is presented.

Disaggregated revenue by type consisted of the following: Schedule of disaggregation of revenue <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49B_20250401__20260331_z03vAmjCx168" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_491_20240401__20250331_z9YOsWakJE6a" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49B_20230401__20240331_zDvHgApWjUdg" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2024</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt; font-weight: bold"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the years ended March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Revenue from continuing operations:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_ecustom--RevenueFromContinuingOperations_hsrt--ProductOrServiceAxis__custom--TechnicalServicesRevenueMember_z2whVBaMIURb" style="vertical-align: bottom; background-color: White"> <td style="width: 46%; text-align: justify; padding-bottom: 1pt; text-indent: 10pt">Technical services revenue</td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 14%; text-align: right">14,133</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td><td style="border-bottom: Black 1pt solid; width: 14%; text-align: right">893,690</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td><td style="border-bottom: Black 1pt solid; width: 14%; text-align: right">—</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Revenue from discontinued operations:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_ecustom--RevenueFromDiscontinuedOperations_hsrt--ProductOrServiceAxis__custom--OnlineVIPMembershipRevenueMember_zN7oBNTrD6u1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; text-indent: 10pt">Online VIP membership revenue</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">117,074</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,596,200</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_ecustom--RevenueFromDiscontinuedOperations_hsrt--ProductOrServiceAxis__custom--OnlineSvipMembershipRevenueMember_zhgHR0ZU0Pqa" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; text-indent: 10pt">Online SVIP membership revenue</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,286</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">379,655</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_ecustom--RevenueFromDiscontinuedOperations_hsrt--ProductOrServiceAxis__custom--TechnicalServicesRevenueMember_zebV7eTPtGb3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt; text-indent: 10pt">Technical services revenue</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">9,255</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">23,201</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_402_ecustom--RevenueFromDiscontinuedOperations_z45N2L1CNBG5" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Total Revenue from discontinued operations</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">—</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">130,615</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,999,056</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table>

14133 893690 117074 1596200 4286 379655 9255 23201 130615 1999056 <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 24px; text-align: justify">14.</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Cost of revenue</td></tr> </table> Cost of revenue consisted of the following: Schedule of cost of revenue <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_496_20250401__20260331_zSnePvxQONJg" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_493_20240401__20250331_z5DgiGkFub2g" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49E_20230401__20240331_zLPbhsTA8Rxd" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2024</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the years ended March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_407_eus-gaap--CostOfGoodsAndServicesSoldAmortization_maCORCOzxUk_zojNOb07J0r" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 46%; text-align: justify">Amortization expenses</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">38,183</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_405_ecustom--EmployeeCompensationCost_maCORCOzxUk_zzvkeaGCT61c" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Employee compensation</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,485</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">180,331</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">96,913</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--CostEmployeeBenefitExpenses_maCORCOzxUk_zFKR2GDHfpJ3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Employee benefit expenses</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">985</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10,990</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">9,366</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--OtherCostOfOperatingRevenue_maCORCOzxUk_zpYV9udUjPOd" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">526</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">3,261</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,291</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_402_ecustom--CostOfRevenueContinuingOperations_iT_mtCORCOzxUk_zHq7WQ7JPZvg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: justify; padding-bottom: 1pt">Cost of revenue – Continuing operations</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">6,996</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">194,582</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">145,753</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_408_ecustom--CostOfRevenueDiscontinuedOperations_zJ3CYeuEp4Y8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: justify; padding-bottom: 1pt">Cost of revenue – Discontinued operations</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,397,635</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,683,916</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Cost of revenue consisted of the following: Schedule of cost of revenue <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_496_20250401__20260331_zSnePvxQONJg" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_493_20240401__20250331_z5DgiGkFub2g" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49E_20230401__20240331_zLPbhsTA8Rxd" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2024</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the years ended March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_407_eus-gaap--CostOfGoodsAndServicesSoldAmortization_maCORCOzxUk_zojNOb07J0r" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 46%; text-align: justify">Amortization expenses</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">38,183</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_405_ecustom--EmployeeCompensationCost_maCORCOzxUk_zzvkeaGCT61c" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Employee compensation</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,485</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">180,331</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">96,913</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--CostEmployeeBenefitExpenses_maCORCOzxUk_zFKR2GDHfpJ3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Employee benefit expenses</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">985</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10,990</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">9,366</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--OtherCostOfOperatingRevenue_maCORCOzxUk_zpYV9udUjPOd" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">526</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">3,261</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,291</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_402_ecustom--CostOfRevenueContinuingOperations_iT_mtCORCOzxUk_zHq7WQ7JPZvg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: justify; padding-bottom: 1pt">Cost of revenue – Continuing operations</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">6,996</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">194,582</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">145,753</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_408_ecustom--CostOfRevenueDiscontinuedOperations_zJ3CYeuEp4Y8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: justify; padding-bottom: 1pt">Cost of revenue – Discontinued operations</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,397,635</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,683,916</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table>

38183

5485 180331 96913 985 10990 9366

526

3261

1291

6996 194582 145753 1397635 1683916 <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">15.</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Operating expenses</td></tr> </table> Operating expenses consisted of the following: Schedule of operating expenses <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none; text-align: center"> </td><td style="display: none; text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20250401__20260331_zfmsMCNt2wJk" style="border-bottom: Black 1pt solid; display: none; text-align: center; font-weight: bold">2026</td><td style="display: none; text-align: center; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; text-align: center; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20240401__20250331_zn7pT81zvFRb" style="border-bottom: Black 1pt solid; display: none; text-align: center">2025</td><td style="display: none; text-align: center; padding-bottom: 1pt"> </td><td style="display: none; text-align: center; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20230401__20240331_zFG9V9nLbtv7" style="border-bottom: Black 1pt solid; display: none; text-align: center">2024</td><td style="display: none; padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">For the years ended March 31,</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">2026</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td><td style="text-align: center; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="text-align: center; padding-bottom: 1pt"> </td><td style="text-align: center; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2024</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_400_eus-gaap--SellingAndMarketingExpenseAbstract_iB" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Selling and marketing expenses:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--SellingAndMarketingExpense_i01T_maOECOzCEi_zcGGLFuUEfD4" style="vertical-align: bottom; background-color: White"> <td style="width: 46%; padding-bottom: 2.5pt">Total selling and marketing expenses</td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; width: 14%; text-align: right">12,991</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; width: 14%; text-align: right">—</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; width: 14%; text-align: right">—</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--GeneralAndAdministrativeExpenseAbstract_iB" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">General and administrative expenses:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--ShareBasedCompensation_i01_maGAAEz29F_zohXvq2cZpR4" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Share-based compensation</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">1,050,350</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">436,800</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_ecustom--AuditFee_i01_maGAAEz29F_zO83vWNGZyvd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Audit fees</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">321,711</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">354,800</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">305,000</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_ecustom--AttorneyFee_i01_maGAAEz29F_zRioHKxVolRk" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Attorney fee</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">297,969</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">132,745</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">141,689</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_ecustom--EmployeeCompensationAndBenefit_i01_maGAAEz29F_zJc3i3gMsEuf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Employee compensation and benefit</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">157,717</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">475,579</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">277,725</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--RentalFee_i01_maGAAEz29F_zD1FMVNXNaWl" style="vertical-align: bottom; background-color: White"> <td>Rental fee(1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">112,632</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">103,133</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">169,961</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_ecustom--NasdaqAnnualListingAndRegistrarFees_i01_maGAAEz29F_zQ8gk2WCMVtk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Nasdaq annual listing and registrar fees</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">90,202</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">70,516</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">66,655</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_ecustom--ConsultingFees_i01_maGAAEz29F_zPtjYRfG2ai1" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Consulting fees</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">83,480</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">63,413</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">98,315</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_ecustom--InvestmentRelationshipFee_i01_pp0p0_maGAAEz29F_z006MNXrPaxc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Investment relationship fee</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">49,129</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">9,129</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">41,990</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--DepreciationNonproduction_i01_pp0p0_maGAAEz29F_zLAN7W61ytz8" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Depreciation expenses</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">18,459</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">18,306</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">18,356</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_ecustom--OfficeExpense_i01_pp0p0_maGAAEz29F_z5IMX7GZi368" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Office expense</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">11,320</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">62,974</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">33,492</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--TravelAndEntertainmentExpense_i01_pp0p0_maGAAEz29F_z6dQ3tQQAdo2" style="vertical-align: bottom; background-color: White"> <td>Entertainment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,515</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,661</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">906</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--AmortizationOfDeferredCharges_i01_pp0p0_maGAAEz29F_zNteY5S2spai" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Amortization of intangible assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">31,929</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_ecustom--CreditLossesOnAccountsReceivable_i01_pp0p0_maGAAEz29F_zZQR1U7SMSi9" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Credit losses on AR</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">162,028</td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--OtherGeneralAndAdministrativeExpense_i01_pp0p0_maGAAEz29F_zojlKyutsl93" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Others</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,531</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10,703</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,822</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--GeneralAndAdministrativeExpense_i01T_pp0p0_mtGAAEz29F_maOECOzCEi_zXzjFisW5wK" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">General and administrative expenses</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">2,202,015</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">1,739,759</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">1,350,868</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--ResearchAndDevelopmentExpenseAbstract_iB_zvd51I2dSKpc" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Research and development expenses:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--ResearchAndDevelopmentExpense_i01T_pp0p0_maOECOzCEi_z0Jorw2osWK5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total research and development expenses</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">434,854</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_ecustom--OperatingExpensesContinuingOperations_mtOECOzCEi_zNinI0TbYPzl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left">Operating expenses – Continuing operations</td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td style="font-weight: bold; text-align: right">2,649,860</td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td style="font-weight: bold; text-align: right">1,739,759</td><td style="font-weight: bold; text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">1,350,868</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_406_ecustom--OperatingExpensesDiscontinuedOperations_zJP5HbCaeqe4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left">Operating expenses – Discontinued operations</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">725,540</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">835,823</td><td style="text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Pursuant to the renewal clauses in certain lease agreements, each extension requires separate negotiation. Consequently, these leases were classified as short-term leases (with lease terms of <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIG9wZXJhdGluZyBleHBlbnNlcyAoRGV0YWlscykgKFBhcmVudGhldGljYWwpAA__" id="xdx_903_eus-gaap--LesseeOperatingLeaseTermOfContract_iI_dtM_c20260331_z73Jh4m7xkyd" title="Lessee operating lease term of contract">12 months or less), and the recognized rental expenses include $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIG9wZXJhdGluZyBleHBlbnNlcyAoRGV0YWlscykgKFBhcmVudGhldGljYWwpAA__" id="xdx_90E_eus-gaap--PaymentsForRent_c20250401__20260331_zqnaE0FMDlT1" title="Rental expenses">8,635 and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIG9wZXJhdGluZyBleHBlbnNlcyAoRGV0YWlscykgKFBhcmVudGhldGljYWwpAA__" id="xdx_907_eus-gaap--PaymentsForRent_c20240401__20250331_zdLrzqPlAIYg" title="Rental expenses">83,041 attributable to such short-term leases for the years ended March 31, 2026 and 2025.</td></tr> </table> Operating expenses consisted of the following: Schedule of operating expenses <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none; text-align: center"> </td><td style="display: none; text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20250401__20260331_zfmsMCNt2wJk" style="border-bottom: Black 1pt solid; display: none; text-align: center; font-weight: bold">2026</td><td style="display: none; text-align: center; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; text-align: center; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20240401__20250331_zn7pT81zvFRb" style="border-bottom: Black 1pt solid; display: none; text-align: center">2025</td><td style="display: none; text-align: center; padding-bottom: 1pt"> </td><td style="display: none; text-align: center; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20230401__20240331_zFG9V9nLbtv7" style="border-bottom: Black 1pt solid; display: none; text-align: center">2024</td><td style="display: none; padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">For the years ended March 31,</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">2026</td><td style="text-align: center; padding-bottom: 1pt; font-weight: bold"> </td><td style="text-align: center; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="text-align: center; padding-bottom: 1pt"> </td><td style="text-align: center; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2024</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_400_eus-gaap--SellingAndMarketingExpenseAbstract_iB" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Selling and marketing expenses:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--SellingAndMarketingExpense_i01T_maOECOzCEi_zcGGLFuUEfD4" style="vertical-align: bottom; background-color: White"> <td style="width: 46%; padding-bottom: 2.5pt">Total selling and marketing expenses</td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; width: 14%; text-align: right">12,991</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; width: 14%; text-align: right">—</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; width: 14%; text-align: right">—</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--GeneralAndAdministrativeExpenseAbstract_iB" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">General and administrative expenses:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--ShareBasedCompensation_i01_maGAAEz29F_zohXvq2cZpR4" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Share-based compensation</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">1,050,350</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">436,800</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_ecustom--AuditFee_i01_maGAAEz29F_zO83vWNGZyvd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Audit fees</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">321,711</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">354,800</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">305,000</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_ecustom--AttorneyFee_i01_maGAAEz29F_zRioHKxVolRk" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Attorney fee</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">297,969</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">132,745</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">141,689</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_ecustom--EmployeeCompensationAndBenefit_i01_maGAAEz29F_zJc3i3gMsEuf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Employee compensation and benefit</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">157,717</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">475,579</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">277,725</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--RentalFee_i01_maGAAEz29F_zD1FMVNXNaWl" style="vertical-align: bottom; background-color: White"> <td>Rental fee(1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">112,632</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">103,133</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">169,961</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_ecustom--NasdaqAnnualListingAndRegistrarFees_i01_maGAAEz29F_zQ8gk2WCMVtk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Nasdaq annual listing and registrar fees</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">90,202</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">70,516</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">66,655</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_ecustom--ConsultingFees_i01_maGAAEz29F_zPtjYRfG2ai1" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Consulting fees</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">83,480</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">63,413</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">98,315</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_ecustom--InvestmentRelationshipFee_i01_pp0p0_maGAAEz29F_z006MNXrPaxc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Investment relationship fee</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">49,129</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">9,129</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">41,990</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--DepreciationNonproduction_i01_pp0p0_maGAAEz29F_zLAN7W61ytz8" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Depreciation expenses</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">18,459</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">18,306</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">18,356</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_ecustom--OfficeExpense_i01_pp0p0_maGAAEz29F_z5IMX7GZi368" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Office expense</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">11,320</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">62,974</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">33,492</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--TravelAndEntertainmentExpense_i01_pp0p0_maGAAEz29F_z6dQ3tQQAdo2" style="vertical-align: bottom; background-color: White"> <td>Entertainment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,515</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,661</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">906</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--AmortizationOfDeferredCharges_i01_pp0p0_maGAAEz29F_zNteY5S2spai" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Amortization of intangible assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">31,929</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_ecustom--CreditLossesOnAccountsReceivable_i01_pp0p0_maGAAEz29F_zZQR1U7SMSi9" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Credit losses on AR</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">162,028</td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--OtherGeneralAndAdministrativeExpense_i01_pp0p0_maGAAEz29F_zojlKyutsl93" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Others</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,531</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10,703</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,822</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--GeneralAndAdministrativeExpense_i01T_pp0p0_mtGAAEz29F_maOECOzCEi_zXzjFisW5wK" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">General and administrative expenses</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">2,202,015</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">1,739,759</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">1,350,868</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--ResearchAndDevelopmentExpenseAbstract_iB_zvd51I2dSKpc" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Research and development expenses:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--ResearchAndDevelopmentExpense_i01T_pp0p0_maOECOzCEi_z0Jorw2osWK5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total research and development expenses</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">434,854</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_ecustom--OperatingExpensesContinuingOperations_mtOECOzCEi_zNinI0TbYPzl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left">Operating expenses – Continuing operations</td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td style="font-weight: bold; text-align: right">2,649,860</td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td style="font-weight: bold; text-align: right">1,739,759</td><td style="font-weight: bold; text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">1,350,868</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_406_ecustom--OperatingExpensesDiscontinuedOperations_zJP5HbCaeqe4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left">Operating expenses – Discontinued operations</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">725,540</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">835,823</td><td style="text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Pursuant to the renewal clauses in certain lease agreements, each extension requires separate negotiation. Consequently, these leases were classified as short-term leases (with lease terms of <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIG9wZXJhdGluZyBleHBlbnNlcyAoRGV0YWlscykgKFBhcmVudGhldGljYWwpAA__" id="xdx_903_eus-gaap--LesseeOperatingLeaseTermOfContract_iI_dtM_c20260331_z73Jh4m7xkyd" title="Lessee operating lease term of contract">12 months or less), and the recognized rental expenses include $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIG9wZXJhdGluZyBleHBlbnNlcyAoRGV0YWlscykgKFBhcmVudGhldGljYWwpAA__" id="xdx_90E_eus-gaap--PaymentsForRent_c20250401__20260331_zqnaE0FMDlT1" title="Rental expenses">8,635 and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIG9wZXJhdGluZyBleHBlbnNlcyAoRGV0YWlscykgKFBhcmVudGhldGljYWwpAA__" id="xdx_907_eus-gaap--PaymentsForRent_c20240401__20250331_zdLrzqPlAIYg" title="Rental expenses">83,041 attributable to such short-term leases for the years ended March 31, 2026 and 2025.</td></tr> </table>

12991

1050350

436800

321711 354800 305000 297969 132745 141689 157717 475579 277725 112632 103133 169961 90202 70516 66655 83480 63413 98315 49129 9129 41990

18459

18306

18356

11320 62974 33492

1515

1661

906

31929

162028

7531

10703

2822

2202015

1739759

1350868

434854

2649860 1739759 1350868 725540 835823

P12M

8635

83041

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">16.</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Other income (expenses), net</td></tr> </table> Other income (expenses) consisted of the following: Schedule of other income (expenses) <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20250401__20260331_zLw1TQCz1cu5" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_491_20240401__20250331_zVQw3AdftpCk" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20230401__20240331_zka8vyyjbwhl" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2024</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the years ended March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40B_ecustom--CancellationOfBonusLiability_maNIECOzTXd_zIvw2rwhPm16" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 46%; text-align: left">Cancellation of bonus liability</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">150,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">725,970</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40C_ecustom--GovernmentGrant_maNIECOzTXd_zGuUVbtevev1" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Government grant</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">661</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,395</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_ecustom--OtherNonoperatingIncomeExpenseOther_maNIECOzTXd_zFOS5iQooz72" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Other income (expenses), net</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,961</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(3,736</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(3,455</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40B_ecustom--NonoperatingIncomeExpenseContinuingOperations_iT_mtNIECOzTXd_zUlpL75cKiW2" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt">Total Other income (expenses) – Continuing operations</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">154,961</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(3,075</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">723,910</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--NonoperatingIncomeExpenseDiscontinuedOperations_zJWUn2rWVFR9" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt">Total Other income (expenses) – Discontinued operations</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(20</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">15,366</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

Other income (expenses) consisted of the following: Schedule of other income (expenses) <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20250401__20260331_zLw1TQCz1cu5" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_491_20240401__20250331_zVQw3AdftpCk" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20230401__20240331_zka8vyyjbwhl" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2024</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the years ended March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40B_ecustom--CancellationOfBonusLiability_maNIECOzTXd_zIvw2rwhPm16" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 46%; text-align: left">Cancellation of bonus liability</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">150,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">725,970</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40C_ecustom--GovernmentGrant_maNIECOzTXd_zGuUVbtevev1" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Government grant</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">661</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,395</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_ecustom--OtherNonoperatingIncomeExpenseOther_maNIECOzTXd_zFOS5iQooz72" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Other income (expenses), net</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,961</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(3,736</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(3,455</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40B_ecustom--NonoperatingIncomeExpenseContinuingOperations_iT_mtNIECOzTXd_zUlpL75cKiW2" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt">Total Other income (expenses) – Continuing operations</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">154,961</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(3,075</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">723,910</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--NonoperatingIncomeExpenseDiscontinuedOperations_zJWUn2rWVFR9" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt">Total Other income (expenses) – Discontinued operations</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(20</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">15,366</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table>

150000 725970 661 1395 4961 -3736 -3455 154961 -3075 723910 -20 15366

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">17.</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Taxation</td></tr> </table> The Company is registered in the Cayman Islands. The Group generated substantially all of its income from its PRC operations for the years ended March 31, 2026, 2025 and 2024. Cayman Islands Under the current laws of the Cayman Islands, the Company is not subject to tax on income or capital gain, and no withholding tax is imposed to any dividends and payment made to shareholders. Hong Kong The Company’s subsidiary Easy Skills Technology Limited is located in Hong Kong and is subject to an income tax rate of 16.5% for assessable profit earned in Hong Kong before April 2018. The two-tier profits tax rates system was introduced under the Inland Revenue (Amendment)(No.3) Ordinance 2018 (“the Ordinance”) of Hong Kong became effective for the assessment year 2018/2019. Under the two-tier profit tax rates regime, the profits tax rate for the first HKD 2 million of assessable profits of a corporation will be subject to the lowered tax rate, <span id="xdx_90D_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_pid_dp_uPure_c20250401__20260331__srt--StatementGeographicalAxis__country--HK__srt--StatementScenarioAxis__custom--AssessableProfitsMember_zFCJnSiTPpZ7">8.25% while the remaining assessable profits will be subject to the legacy tax rate, <span id="xdx_908_ecustom--LegacyTaxRate_pid_dp_uPure_c20250401__20260331__srt--StatementGeographicalAxis__country--HK__srt--StatementScenarioAxis__custom--AssessableProfitsMember_zzwu5Y5JBtx" title="Legacy tax rate">16.5% The Group had no assessable profit subject to Hong Kong profit tax for the years ended March 31, 2026, 2025 and 2024. PRC Income Tax The Company’s subsidiaries in the PRC are subject to the statutory rate of <span id="xdx_90F_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_pid_dp_uPure_c20250401__20260331__srt--StatementGeographicalAxis__country--CN_zH01idE9VvMa" title="Income tax rate percentage">25%, in accordance with the Enterprise Income Tax law (the “EIT Law”), which was effective since January 1, 2008. <span id="xdx_904_eus-gaap--EffectiveIncomeTaxRateReconciliationReconcilingItemDescription_c20250401__20260331__srt--StatementGeographicalAxis__country--CN_zZdBRdwYZeLl" title="Income tax rate reconciliation, description">The State Administration of Taxation further announced that from January 1, 2021 to December 31, 2022, for the portion of taxable income not exceeding RMB1 million, the amount of taxable income can be halved from 25% to 12.5%, and the corporate income tax will be levied at 20%, for small and low-profit enterprises, and from January 1, 2022 to December 31, 2024, small and low-profit enterprises can enjoy a 20% corporate income tax rate on 25% of the taxable income amount for the portion of taxable income more than RMB1 million but not exceeding RMB3 million. In accordance with announcement of the Ministry of Finance and the State Taxation Administration [2023] No. 6, which was effective from January 1, 2023 to December 31, 2024, preferential tax rate became 5% on taxable income below RMB1 million. According to announcement of the Ministry of Finance and the State Taxation Administration [2023] No.12, which became effective on August 2, 2023 and until December 31, 2027, small, low profit enterprises is subject to the preferential income tax rate of 5% (only 25% of such taxable income shall be subject to enterprises income tax at a tax rate of 20%). Dividends, interests, rent or royalties payable by the Group’s PRC subsidiaries, to non-PRC resident enterprises, and proceeds from any such non-resident enterprise investor’s disposition of assets (after deducting the net value of such assets) shall be subject to 10% withholding tax, unless the respective non-PRC resident enterprise’s jurisdiction of incorporation has a tax treaty or arrangements with China that provides for a reduced withholding tax rate or an exemption from withholding tax. Although there are undistributed earnings of the Company’s subsidiaries in the PRC that are available for distribution to the Company, the undistributed earnings of the Company’s subsidiaries located in the PRC are considered to be indefinitely reinvested, because the Company does not have any present plan to pay any cash dividends on its ordinary shares in the foreseeable future and intends to retain most of its available funds and any future earnings for use in the operation and expansion of its business. Accordingly, no deferred tax liability has been accrued for the PRC dividend withholding taxes that would be payable upon the distribution of those amounts to the Company as of March 31, 2026 and 2025. In general, the PRC tax authority has up to five years to conduct examinations of the Company’s tax filings. Accordingly, the tax years from 2021 to 2025 of the Company’s PRC subsidiaries remain open to examination by the taxing jurisdictions. SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS The components of the loss before income taxes are as follows: Schedule of components of loss before income taxes <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20250401__20260331_zVoRUYf5alb9" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20240401__20250331_zdRzgAR97Pbk" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_490_20230401__20240331_zw6lR0rSbIR8" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2024</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the years ended March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40C_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_iN_di_hsrt--StatementGeographicalAxis__country--CN_zll7juLwLuF" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 46%">PRC</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">6,478,687</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">1,492,557</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">5,114,375</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_iN_di_hsrt--StatementGeographicalAxis__custom--NonPeoplesRepublicOfChinaMember_zVm1yeDM0tZc" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Non PRC</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">2,020,366</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,433,432</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">97,930</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_iN_di_zN2zyDgtzSK1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Total loss before income tax expenses - Continuing operations</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">8,499,053</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2,925,989</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">5,212,305</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--IncomeLossFromDiscontinuedOperationsNetOfTax_di_zfgL4LbEh4mb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total loss/(income) before income tax expenses - Discontinued</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">—</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">4,602,415</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(462,886</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left">)</td></tr> </table> The current and deferred portions of income tax (expense)/credit included in the consolidated statements of loss were as follows: Schedule of current and deferred portions of income tax (expense)/credit <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold"> </td> <td colspan="2" id="xdx_49A_20250401__20260331_zLrK0jCu06V5" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; font-weight: bold"> </td><td style="display: none; font-weight: bold"> </td> <td colspan="2" id="xdx_498_20240401__20250331_zNq9VvZATQw" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; font-weight: bold"> </td><td style="display: none; font-weight: bold"> </td> <td colspan="2" id="xdx_490_20230401__20240331_z03u2ZD3vEAd" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2024</td><td style="display: none; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the years ended March 31,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="font-weight: bold"> </td></tr> <tr id="xdx_40E_eus-gaap--CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_iB_zsdNcjsyC5Qb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Current</td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td></tr> <tr id="xdx_403_eus-gaap--CurrentIncomeTaxExpenseBenefit_i01_hsrt--StatementGeographicalAxis__country--CN_zwvn6HmE7rYk" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; width: 46%">-    PRC</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">(53,048</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--CurrentIncomeTaxExpenseBenefit_i01_hsrt--StatementGeographicalAxis__custom--NonPeoplesRepublicOfChinaMember_zyjA5wCMcicj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">-    Non PRC</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--CurrentIncomeTaxExpenseBenefit_i01_di_maITEBzZTB_zGlVehl0tkL4" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Total current tax expense</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">(53,048</td><td style="text-align: left">)</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_iB_z17O7uvmW9pi" style="vertical-align: bottom; background-color: White"> <td>Deferred</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--DeferredIncomeTaxExpenseBenefit_i01_hsrt--StatementGeographicalAxis__country--CN_zaXmMsMHZQx9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">-    PRC</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">27,273</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--DeferredIncomeTaxExpenseBenefit_i01_hsrt--StatementGeographicalAxis__custom--NonPeoplesRepublicOfChinaMember_zfXc4OJHDMI1" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">-    Non PRC</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--DeferredIncomeTaxExpenseBenefit_i01_di_maITEBzZTB_z8kflDTwwwH5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Total deferred tax credit</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">27,273</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--IncomeTaxExpenseBenefit_iN_pp0p0_di_mtITEBzZTB_zdguNhlmPx0f" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Income tax (expense)/credit</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(53,048</td><td style="text-align: left">)</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">27,273</td><td style="text-align: left"> </td></tr> </table> Income tax paid by jurisdiction is as follows: Schedule of income tax paid by jurisdiction <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="display: none; text-align: left">Income tax paid</td><td style="display: none; font-weight: bold"> </td> <td style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: left"> </td><td id="xdx_49A_20250401__20260331_zhOYOaxDl7Vi" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: right">2026</td><td style="display: none; font-weight: bold; text-align: left"> </td><td style="display: none; font-weight: bold"> </td> <td style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: left"> </td><td id="xdx_498_20240401__20250331_zWODgW1j5fQ9" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: right">2025</td><td style="display: none; font-weight: bold; text-align: left"> </td><td style="display: none; font-weight: bold"> </td> <td style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: left"> </td><td id="xdx_490_20230401__20240331_zdtBw74oGRT4" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: right">2024</td><td style="display: none; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the years ended March 31,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Income tax paid</td><td style="font-weight: bold"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2026</td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2025</td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2024</td><td style="font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--IncomeTaxesPaidNet_hsrt--StatementGeographicalAxis__country--CN_z1zSNpQZNY46" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; width: 46%">-    PRC</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">6,442</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">23,723</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--IncomeTaxesPaidNet_hsrt--StatementGeographicalAxis__custom--NonPeoplesRepublicOfChinaMember_zaYU7H45mdV8" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">-    Non PRC</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--IncomeTaxesPaidNet_z50kFpZEDZ4b" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Total income tax paid</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">6,442</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">23,723</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="text-align: left"> </td></tr> </table> Upon adoption of ASU 2023-09, Improvements to Income Tax Disclosures, as described in Note 2, Summary of Significant Accounting Policies, the reconciliation of taxes at the PRC statutory rate to our provision for income taxes for the year ended March 31, 2026 was as follows: <p id="xdx_894_eus-gaap--ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_gL3SOEITRRTTB-IXMXTMJ_zqWkVHMhRpN4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"> Schedule of reconciliation between statutory income tax and effective tax <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_495_20250401__20260331_zi9plW62SKL4" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">Amount</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">Percent</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">For the year ended March 31, 2026</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Amount</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Percent</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">USD</td><td style="font-weight: bold"> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td></tr> <tr id="xdx_40C_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pp0p0_z2DOF4AdnBdj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; font-weight: bold; text-align: left">Income before income taxes</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">(8,499,053</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right"> </td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left">PRC statutory income tax rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">25</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_z3HsVcuOKfYh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Income tax benefit computed at the PRC statutory tax rate of 25%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(2,124,763</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_pid_dp_maABCD_c20250401__20260331_zHLBsnJYXikc" style="text-align: right" title="Income tax benefit computed at the PRC statutory tax rate, percentage">25.0</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left">Domestic tax effects</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--IncomeTaxReconciliationOtherAdjustments_hus-gaap--IncomeTaxAuthorityAxis__us-gaap--DomesticTaxJurisdictionFederalStateAndLocalMember__srt--StatementGeographicalAxis__country--CN_zHmSyktbE2gj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 12pt">Effect of preferential tax rates</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,317,390</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--EffectiveIncomeTaxRateReconciliationOtherAdjustments_pid_dp_maABCD_c20250401__20260331_z97eJMtIiw54" style="text-align: right" title="Effect of preferential tax rates, percentage">(15.5</td><td style="text-align: left">%)</td></tr> <tr id="xdx_401_eus-gaap--IncomeTaxReconciliationNondeductibleExpense_hus-gaap--IncomeTaxAuthorityAxis__us-gaap--DomesticTaxJurisdictionFederalStateAndLocalMember__srt--StatementGeographicalAxis__country--CN_zSJ8nEflRjZ4" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 12pt">Effect of non-tax deductible expenses and loss</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">72</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--EffectiveIncomeTaxRateReconciliationNondeductibleExpense_pid_dp_c20250401__20260331_zBazD7TXSUE1" style="text-align: right" title="Effect of non-tax deductible expenses and loss, percentage">(0.0</td><td style="text-align: left">%)</td></tr> <tr id="xdx_408_eus-gaap--IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance_hus-gaap--IncomeTaxAuthorityAxis__us-gaap--DomesticTaxJurisdictionFederalStateAndLocalMember__srt--StatementGeographicalAxis__country--CN_z6PmjGlX9f23" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 12pt">Change in valuation allowance</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">329,275</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_pid_dp_maABCD_c20250401__20260331__us-gaap--IncomeTaxAuthorityAxis__us-gaap--DomesticTaxJurisdictionFederalStateAndLocalMember__srt--StatementGeographicalAxis__country--CN_z75mWDH1NFk5" style="text-align: right" title="Change in valuation allowance, percentage">(3.9</td><td style="text-align: left">%)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left">Foreign tax effects</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left">Cayman Islands</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_hus-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--KY_zM3vjvelLuGj" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 12pt">Statutory tax rate difference between PRC and other jurisdictions</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">475,202</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_pid_dpi_maABCD_c20250401__20260331__us-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--KY_z5NcAZE2wBNh" style="text-align: right" title="Statutory tax rate difference between PRC and other jurisdictions, percentage">(5.6</td><td style="text-align: left">%)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left">Hong Kong</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_hus-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--HK_zUrcq2fStLrf" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 12pt">Statutory tax rate difference between PRC and other jurisdictions</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">562</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_pid_dp_maABCD_c20250401__20260331__us-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--HK_zX3Oj3gl7pCd" style="text-align: right" title="Statutory tax rate difference between PRC and other jurisdictions, percentage">(0.0</td><td style="text-align: left">%)</td></tr> <tr id="xdx_40A_eus-gaap--IncomeTaxReconciliationNondeductibleExpense_hus-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--HK_zPgOZ51KeKK7" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 12pt">Effect of non-tax deductible expenses and loss</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,091</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--EffectiveIncomeTaxRateReconciliationNondeductibleExpense_pid_dp_maABCD_c20250401__20260331__us-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--HK_zCxVrHPfO1ja" style="text-align: right" title="Effect of non-tax deductible expenses and loss, percentage">(0.0</td><td style="text-align: left">%)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold">Singapore</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_hus-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--SG_zuyC39ksRZ43" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 12pt">Statutory tax rate difference between PRC and other jurisdictions</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">270</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_pid_dp_maABCD_c20250401__20260331__us-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--SG_zYEhJcgeTL5b" style="text-align: right" title="Statutory tax rate difference between PRC and other jurisdictions, percentage">(0.0</td><td style="text-align: left">%)</td></tr> <tr id="xdx_406_eus-gaap--IncomeTaxReconciliationNondeductibleExpense_hus-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--SG_z10YN53UhmDj" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 12pt">Effect of non-tax deductible expenses and loss</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">574</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--EffectiveIncomeTaxRateReconciliationNondeductibleExpense_pid_dp_maABCD_c20250401__20260331__us-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--SG_zFI8Y46fI7Cf" style="text-align: right" title="Effect of non-tax deductible expenses and loss, percentage">(0.0</td><td style="text-align: left">%)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left">United States</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_hus-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--US_zNxzoMKfOnYg" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 12pt">Statutory tax rate difference between PRC and other jurisdictions</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">52</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_pid_dp_maABCD_c20250401__20260331__us-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--US_zUao4VZeVMa2" style="text-align: right" title="Statutory tax rate difference between PRC and other jurisdictions, percentage">(0.0</td><td style="text-align: left">%)</td></tr> <tr id="xdx_402_eus-gaap--IncomeTaxReconciliationNondeductibleExpense_hus-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--US_zE9wOWb2qfb6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 12pt">Effect of non-tax deductible expenses and loss</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">274</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_eus-gaap--EffectiveIncomeTaxRateReconciliationNondeductibleExpense_pid_dp_maABCD_c20250401__20260331__us-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--US_zX0VqVfUcQ31" style="border-bottom: Black 1pt solid; text-align: right" title="Effect of non-tax deductible expenses and loss, percentage">(0.0</td><td style="padding-bottom: 1pt; text-align: left">%)</td></tr> <tr id="xdx_403_eus-gaap--IncomeTaxExpenseBenefit_pp0p0_di_mtITEBzbcp_zl1Py8LOVOO7" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Income tax expense</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Effective tax rate</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--EffectiveIncomeTaxRateContinuingOperations_pid_dp_mtABCD_c20250401__20260331_z8em4V44Ddp3" style="border-bottom: Black 1pt solid; text-align: right" title="Effective tax rate, percentage">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Deferred tax assets</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98E_eus-gaap--DeferredTaxAssetsGross_iI_c20260331_zym6flyNoD7f" style="width: 16%; text-align: right" title="Deferred tax assets">1,161,878</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Valuation allowance</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--DeferredTaxAssetsValuationAllowance_iNI_di_c20260331_z7ShqGADikBe" style="text-align: right" title="Valuation allowance">(1,161,878</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left">Deferred tax assets, net of valuation allowance</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--DeferredTaxAssetsNet_iI_c20260331_z6euNTokOnZi" style="text-align: right" title="Deferred tax assets, net of valuation allowance">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Deferred tax liability</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--DeferredIncomeTaxLiabilities_iI_c20260331_zscFN5yFnLve" style="text-align: right" title="Deferred tax liability">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left">Deferred tax assets, net</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--DeferredTaxAssetsLiabilitiesNet_iI_c20260331_zIIqMvuSQ0qb" style="text-align: right" title="Deferred tax assets, net">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> </table> As of March 31, 2026, the Company’s total deferred tax assets (“DTA”) amounted to USD 1,161,878. The DTA consists of four components: (1) deductible temporary differences arising from long-term investment impairment of USD 816,536; (2) net operating loss carryforward of USD 289,148; (3) allowance for credit losses of USD 30,835; and (4) intangible asset impairment of USD 25,359. The Company recorded a full valuation allowance of USD 1,161,878 against these deferred tax assets, such that the net carrying amount of deferred tax assets is zero. The full valuation allowance is mainly attributable to the Company’s recurring operating losses, which create substantial uncertainty about whether sufficient future taxable income will be available to realize these deferred tax assets. SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS The reconciliation of taxes at the PRC statutory rate to our provision for (benefit from) income taxes for the years ended March 31, 2025 and 2024 in accordance with the guidance prior to the adoption of ASU 2023-09 was as follows: <div id="xdx_C08_gL3SOEITRRTTB-IXMXTMJ_zEThNIZvnNP2"><table cellpadding="0" cellspacing="0" id="xdx_301_134_zv5uf5d8Nkq3" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - Schedule of reconciliation between statutory income tax and effective tax (Details)"> <tr style="font: 10pt Times New Roman, Times, Serif; display: none"> <td style="font: 10pt Times New Roman, Times, Serif; display: none; vertical-align: bottom"> </td> <td style="font: 10pt Times New Roman, Times, Serif; display: none; vertical-align: bottom"> </td> <td style="font: 10pt Times New Roman, Times, Serif; display: none; vertical-align: bottom"> </td> <td id="xdx_492_20240401__20250331_zaNsWR2LKJcj" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; display: none; text-align: center">2025</td> <td style="font: 10pt Times New Roman, Times, Serif; display: none; text-align: center"> </td> <td style="font: 10pt Times New Roman, Times, Serif; display: none; text-align: center"> </td> <td style="font: 10pt Times New Roman, Times, Serif; display: none; text-align: center"> </td> <td id="xdx_49E_20230401__20240331_znenkhpq1iY2" style="border-top: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; display: none; text-align: center">2024</td> <td style="font: 10pt Times New Roman, Times, Serif; display: none; vertical-align: bottom"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td colspan="5" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">For the years ended March 31,</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 66%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 3%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 1%"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 15%; text-align: center">2025</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: center"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: center"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: center"> </td> <td style="border-top: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 11%; border-bottom: Black 1pt solid; text-align: center">2024</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 1%"> </td></tr> <tr id="xdx_406_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pp0p0_z3HBJNvjl6dl" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif">Income before income taxes</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">$</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">(2,925,989</td> <td style="font: 10pt Times New Roman, Times, Serif">)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">$</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">(5,212,305</td> <td style="font: 10pt Times New Roman, Times, Serif">)</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: white"> <td style="font: 10pt Times New Roman, Times, Serif">Tax rate</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">25</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">25</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr id="xdx_40C_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_pp0p0_maITEBzbcp_zGKkEHXxZKje" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif">Provision for income taxes at statutory tax rate</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">$</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">(731,497</td> <td style="font: 10pt Times New Roman, Times, Serif">)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">$</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">(1,303,076</td> <td style="font: 10pt Times New Roman, Times, Serif">)</td></tr> <tr id="xdx_406_eus-gaap--IncomeTaxReconciliationTaxExemptIncome_iN_pp0p0_di_msITEBzbcp_zHfwiBjWTKO6" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: white"> <td style="font: 10pt Times New Roman, Times, Serif">Effect of tax-exempt entity</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">294,740</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">23,825</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr id="xdx_407_eus-gaap--IncomeTaxReconciliationPriorYearIncomeTaxes_pp0p0_maITEBzbcp_zNi0REH6yuYd" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif">Effect of previous year over-paid tax expenses</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">—</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">—</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr id="xdx_403_eus-gaap--IncomeTaxReconciliationNondeductibleExpense_pp0p0_maITEBzbcp_zjwBW6RS5xCj" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: white"> <td style="font: 10pt Times New Roman, Times, Serif">Effect of non-tax deductible expenses and loss</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">166</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">25</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr id="xdx_405_ecustom--EffectiveIncomeTaxRateReconciliationDeductiblePriorYearLoss_pp0p0_maITEBzbcp_z212pgFmTzpa" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif">Effect of deductible prior year loss</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">—</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">—</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr id="xdx_404_ecustom--EffectiveIncomeTaxRateReconciliationUnrecognizedTaxLosses_pp0p0_maITEBzbcp_zsANds10xjt8" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: white"> <td style="font: 10pt Times New Roman, Times, Serif">Effect of tax loss not recognized</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">37,488</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">187,292</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr id="xdx_40A_ecustom--IncomeTaxReconciliationAccruedTaxExpenses_pp0p0_maITEBzbcp_zNpTOzeOG0C5" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif">Effect of previous year over-accrued tax expenses</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">—</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">—</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr id="xdx_406_ecustom--EffectOfInvestmentIncomelossnotRecognized_maITEBzbcp_zSVzItSTQhL8" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: white"> <td style="font: 10pt Times New Roman, Times, Serif">Effect of investment (income)/loss not recognized</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">(2,768)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">271</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr id="xdx_407_eus-gaap--IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses_pp0p0_maITEBzbcp_zp4VdK0DMKDe" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">Effect of impairment not recognized</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> </td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">454,919</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> </td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">1,064,390</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td></tr> <tr id="xdx_40F_eus-gaap--IncomeTaxExpenseBenefit_iT_pp0p0_mtITEBzbcp_zC6BlClsSXId" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: white"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">Income tax expense/(credit)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif">$</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">53,048</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif">$</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">(27,273</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">) </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif; width: 66%">Deferred tax assets</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 3%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%"> </td> <td id="xdx_982_eus-gaap--DeferredTaxAssetsGross_iI_c20250331_zJVsGDd5Htsa" style="font: 10pt Times New Roman, Times, Serif; width: 15%; text-align: right" title="Deferred tax assets">1,580,716</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%"> </td> <td id="xdx_98F_eus-gaap--DeferredTaxAssetsGross_iI_c20240331_ztXGGpeBdx51" style="font: 10pt Times New Roman, Times, Serif; width: 11%; text-align: right" title="Deferred tax assets">1,195,951</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">Valuation allowance</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> </td> <td id="xdx_98C_eus-gaap--DeferredTaxAssetsValuationAllowance_iNI_di_c20250331_zmvUbXa2LbZ" style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: right" title="Valuation allowance">(1,580,716)</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> </td> <td id="xdx_983_eus-gaap--DeferredTaxAssetsValuationAllowance_iNI_di_c20240331_zd40SMHuFwNf" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: right" title="Valuation allowance">(1,195,951)</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif">Deferred tax assets, net of valuation allowance</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98F_eus-gaap--DeferredTaxAssetsNet_iI_c20250331_ziNxdfZEP9vh" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Deferred tax assets, net of valuation allowance">—</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_987_eus-gaap--DeferredTaxAssetsNet_iI_c20240331_zzisTrIivqUd" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Deferred tax assets, net of valuation allowance">—</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif">Deferred tax liability</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_980_eus-gaap--DeferredIncomeTaxLiabilities_iI_c20250331_zs2SYDJldlNj" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Deferred tax liability">—</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98F_eus-gaap--DeferredIncomeTaxLiabilities_iI_c20240331_z2iARqNQBUq1" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Deferred tax liability">—</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif">Deferred tax assets, net</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98F_eus-gaap--DeferredTaxAssetsLiabilitiesNet_iI_c20250331_z2JL5pTjnWOa" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Deferred tax assets, net">—</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_984_eus-gaap--DeferredTaxAssetsLiabilitiesNet_iI_c20240331_zYz5VgaWstZ6" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Deferred tax assets, net">—</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> </table> </div> The Group operates through subsidiaries and valuation allowance is considered for each of the entities on an individual basis. The Group recorded valuation allowance against deferred tax assets of those entities that are in a cumulative financial loss position and are not forecasting profits in the near future as of March 31, 2026 and 2025. For the year ended March 31, 2026, the valuation allowance had a balance of $1,580,716 at the beginning of the year. During the year, the Group recorded additions of $335,885, reversals of $776,123, utilized $6,610 of the valuation allowance, and recognized an unfavorable foreign exchange effect of $28,010. As a result, the valuation allowance decreased to $1,161,878 as of March 31, 2026. During the year ended March 31, 2026, the Group reversed valuation allowance of $776,123 as a result of the expiration of tax loss carryforwards in certain jurisdictions. As these tax losses expired unutilized, the related deferred tax assets were derecognized with a corresponding reversal of the valuation allowance previously established against them. The net impact on the consolidated statements of comprehensive income (loss) was nil. For entities incorporated in PRC mainland, net loss can be carried forward for five years. As of March 31, 2026, the Group had deferred tax assets of net operating loss carrying forwards of approximately of $289,148. As of March 31, 2026, net operating loss carryforwards from PRC will expire, if unused, in the following amounts: Schedule of net operating tax loss carryforwards <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49D_20260331_zxQC9IDTKoq3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Amount</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left"> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td></tr> <tr id="xdx_400_ecustom--OperatingLossCarryforwardsYearOne_iI_maOLCzfio_zAVaYlgqX2E8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 80%; text-align: left; text-indent: -10pt; padding-left: 10pt">2027</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">122,184</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_402_ecustom--OperatingLossCarryforwardsYearTwo_iI_maOLCzfio_zll45QXjpKx3" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -10pt; padding-left: 10pt">2028</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">542,996</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_ecustom--OperatingLossCarryforwardsYearThree_iI_maOLCzfio_z2M1jpLPxPtf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -10pt; padding-left: 10pt">2029</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">232,511</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_ecustom--OperatingLossCarryforwardsYearFour_iI_maOLCzfio_z0bFxS5zgtNh" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -10pt; padding-left: 10pt">2030</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">120,509</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_ecustom--OperatingLossCarryforwardsYearFive_iI_maOLCzfio_zJk9tcoKJyw6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -10pt; padding-left: 10pt">2031</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">827,137</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--OperatingLossCarryforwards_iTI_mtOLCzfio_zePP9NXxCFx6" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; font-weight: bold; padding-bottom: 2.5pt; text-indent: -10pt; padding-left: 10pt">Total</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">1,845,337</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> </table> Value Added Tax (“VAT”) The Group’s technical service revenue are subject to a VAT rate of 6%. Uncertain tax positions The Group evaluates each uncertain tax position (including the potential application of interest and penalties) based on the technical merits, and measure the unrecognized benefits associated with the tax positions. As of March 31, 2026 and 2025, the Group did not have any significant unrecognized uncertain tax positions. The Group does not believe that its uncertain tax benefits position will materially change over the next twelve months. For the years ended March 31, 2024, 2025 and 2026, the Group incurred no interest or penalties in connection with potentially underpaid income taxes. As of March 31, 2026, the tax years ended March 31, 2020 through 2025 for the Group’s subsidiaries in the PRC are generally subject to examination by the PRC tax authorities. SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Taxes payable consisted of the following: Schedule of taxes payable <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none; padding-bottom: 1pt"> </td><td style="display: none; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_490_20260331_z4F61xTRUiF8" style="display: none; padding-bottom: 1pt; text-align: center"> </td><td style="display: none; padding-bottom: 1pt"> </td><td style="display: none; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_494_20250331_zKSgHuwPurfi" style="display: none; padding-bottom: 1pt; text-align: center"> </td><td style="display: none; padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_405_eus-gaap--AccruedIncomeTaxesCurrent_iI_pp0p0_maTPCz5xC_zFE4KGFZIon3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Income tax payable</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">218,071</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">216,539</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--SalesAndExciseTaxPayableCurrent_iI_pp0p0_maTPCz5xC_zAKpSXcqIet9" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">VAT payable</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,227</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,591</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--AccrualForTaxesOtherThanIncomeTaxesCurrent_iI_pp0p0_maTPCz5xC_zFlMIOIIbxdi" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Other tax payables</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,263</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--TaxesPayableCurrent_iTI_pp0p0_mtTPCz5xC_zI0FaSxaRmCf" style="vertical-align: bottom; background-color: White"> <td>Total</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">219,298</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">221,393</td><td style="text-align: left"> </td></tr> </table>

0.165

2000000

0.0825

0.165 0

0.25

The State Administration of Taxation further announced that from January 1, 2021 to December 31, 2022, for the portion of taxable income not exceeding RMB1 million, the amount of taxable income can be halved from 25% to 12.5%, and the corporate income tax will be levied at 20%, for small and low-profit enterprises, and from January 1, 2022 to December 31, 2024, small and low-profit enterprises can enjoy a 20% corporate income tax rate on 25% of the taxable income amount for the portion of taxable income more than RMB1 million but not exceeding RMB3 million. In accordance with announcement of the Ministry of Finance and the State Taxation Administration [2023] No. 6, which was effective from January 1, 2023 to December 31, 2024, preferential tax rate became 5% on taxable income below RMB1 million. According to announcement of the Ministry of Finance and the State Taxation Administration [2023] No.12, which became effective on August 2, 2023 and until December 31, 2027, small, low profit enterprises is subject to the preferential income tax rate of 5% (only 25% of such taxable income shall be subject to enterprises income tax at a tax rate of 20%).

0.10

The components of the loss before income taxes are as follows: Schedule of components of loss before income taxes <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20250401__20260331_zVoRUYf5alb9" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20240401__20250331_zdRzgAR97Pbk" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_490_20230401__20240331_zw6lR0rSbIR8" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2024</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the years ended March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40C_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_iN_di_hsrt--StatementGeographicalAxis__country--CN_zll7juLwLuF" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 46%">PRC</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">6,478,687</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">1,492,557</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">5,114,375</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_iN_di_hsrt--StatementGeographicalAxis__custom--NonPeoplesRepublicOfChinaMember_zVm1yeDM0tZc" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Non PRC</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">2,020,366</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,433,432</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">97,930</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_iN_di_zN2zyDgtzSK1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Total loss before income tax expenses - Continuing operations</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">8,499,053</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2,925,989</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">5,212,305</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--IncomeLossFromDiscontinuedOperationsNetOfTax_di_zfgL4LbEh4mb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total loss/(income) before income tax expenses - Discontinued</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">—</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">4,602,415</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(462,886</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left">)</td></tr> </table>

-6478687

-1492557

-5114375

-2020366

-1433432

-97930

-8499053

-2925989

-5212305

-4602415

462886

The current and deferred portions of income tax (expense)/credit included in the consolidated statements of loss were as follows: Schedule of current and deferred portions of income tax (expense)/credit <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold"> </td> <td colspan="2" id="xdx_49A_20250401__20260331_zLrK0jCu06V5" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; font-weight: bold"> </td><td style="display: none; font-weight: bold"> </td> <td colspan="2" id="xdx_498_20240401__20250331_zNq9VvZATQw" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; font-weight: bold"> </td><td style="display: none; font-weight: bold"> </td> <td colspan="2" id="xdx_490_20230401__20240331_z03u2ZD3vEAd" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2024</td><td style="display: none; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the years ended March 31,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="font-weight: bold"> </td></tr> <tr id="xdx_40E_eus-gaap--CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_iB_zsdNcjsyC5Qb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Current</td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td></tr> <tr id="xdx_403_eus-gaap--CurrentIncomeTaxExpenseBenefit_i01_hsrt--StatementGeographicalAxis__country--CN_zwvn6HmE7rYk" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; width: 46%">-    PRC</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">(53,048</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--CurrentIncomeTaxExpenseBenefit_i01_hsrt--StatementGeographicalAxis__custom--NonPeoplesRepublicOfChinaMember_zyjA5wCMcicj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">-    Non PRC</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--CurrentIncomeTaxExpenseBenefit_i01_di_maITEBzZTB_zGlVehl0tkL4" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Total current tax expense</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">(53,048</td><td style="text-align: left">)</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_iB_z17O7uvmW9pi" style="vertical-align: bottom; background-color: White"> <td>Deferred</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--DeferredIncomeTaxExpenseBenefit_i01_hsrt--StatementGeographicalAxis__country--CN_zaXmMsMHZQx9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">-    PRC</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">27,273</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--DeferredIncomeTaxExpenseBenefit_i01_hsrt--StatementGeographicalAxis__custom--NonPeoplesRepublicOfChinaMember_zfXc4OJHDMI1" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">-    Non PRC</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--DeferredIncomeTaxExpenseBenefit_i01_di_maITEBzZTB_z8kflDTwwwH5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Total deferred tax credit</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">27,273</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--IncomeTaxExpenseBenefit_iN_pp0p0_di_mtITEBzZTB_zdguNhlmPx0f" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Income tax (expense)/credit</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(53,048</td><td style="text-align: left">)</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">27,273</td><td style="text-align: left"> </td></tr> </table>

-53048

53048

27273

-27273

53048

-27273

Income tax paid by jurisdiction is as follows: Schedule of income tax paid by jurisdiction <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="display: none; text-align: left">Income tax paid</td><td style="display: none; font-weight: bold"> </td> <td style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: left"> </td><td id="xdx_49A_20250401__20260331_zhOYOaxDl7Vi" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: right">2026</td><td style="display: none; font-weight: bold; text-align: left"> </td><td style="display: none; font-weight: bold"> </td> <td style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: left"> </td><td id="xdx_498_20240401__20250331_zWODgW1j5fQ9" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: right">2025</td><td style="display: none; font-weight: bold; text-align: left"> </td><td style="display: none; font-weight: bold"> </td> <td style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: left"> </td><td id="xdx_490_20230401__20240331_zdtBw74oGRT4" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: right">2024</td><td style="display: none; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the years ended March 31,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Income tax paid</td><td style="font-weight: bold"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2026</td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2025</td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2024</td><td style="font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--IncomeTaxesPaidNet_hsrt--StatementGeographicalAxis__country--CN_z1zSNpQZNY46" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; width: 46%">-    PRC</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">6,442</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">23,723</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--IncomeTaxesPaidNet_hsrt--StatementGeographicalAxis__custom--NonPeoplesRepublicOfChinaMember_zaYU7H45mdV8" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">-    Non PRC</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--IncomeTaxesPaidNet_z50kFpZEDZ4b" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Total income tax paid</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">6,442</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">23,723</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="text-align: left"> </td></tr> </table>

6442

23723

6442

23723

<p id="xdx_894_eus-gaap--ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_gL3SOEITRRTTB-IXMXTMJ_zqWkVHMhRpN4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"> Schedule of reconciliation between statutory income tax and effective tax <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_495_20250401__20260331_zi9plW62SKL4" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">Amount</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">Percent</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">For the year ended March 31, 2026</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Amount</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Percent</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">USD</td><td style="font-weight: bold"> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td></tr> <tr id="xdx_40C_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pp0p0_z2DOF4AdnBdj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; font-weight: bold; text-align: left">Income before income taxes</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">(8,499,053</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right"> </td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left">PRC statutory income tax rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">25</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_z3HsVcuOKfYh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Income tax benefit computed at the PRC statutory tax rate of 25%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(2,124,763</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_pid_dp_maABCD_c20250401__20260331_zHLBsnJYXikc" style="text-align: right" title="Income tax benefit computed at the PRC statutory tax rate, percentage">25.0</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left">Domestic tax effects</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--IncomeTaxReconciliationOtherAdjustments_hus-gaap--IncomeTaxAuthorityAxis__us-gaap--DomesticTaxJurisdictionFederalStateAndLocalMember__srt--StatementGeographicalAxis__country--CN_zHmSyktbE2gj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 12pt">Effect of preferential tax rates</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,317,390</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--EffectiveIncomeTaxRateReconciliationOtherAdjustments_pid_dp_maABCD_c20250401__20260331_z97eJMtIiw54" style="text-align: right" title="Effect of preferential tax rates, percentage">(15.5</td><td style="text-align: left">%)</td></tr> <tr id="xdx_401_eus-gaap--IncomeTaxReconciliationNondeductibleExpense_hus-gaap--IncomeTaxAuthorityAxis__us-gaap--DomesticTaxJurisdictionFederalStateAndLocalMember__srt--StatementGeographicalAxis__country--CN_zSJ8nEflRjZ4" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 12pt">Effect of non-tax deductible expenses and loss</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">72</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--EffectiveIncomeTaxRateReconciliationNondeductibleExpense_pid_dp_c20250401__20260331_zBazD7TXSUE1" style="text-align: right" title="Effect of non-tax deductible expenses and loss, percentage">(0.0</td><td style="text-align: left">%)</td></tr> <tr id="xdx_408_eus-gaap--IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance_hus-gaap--IncomeTaxAuthorityAxis__us-gaap--DomesticTaxJurisdictionFederalStateAndLocalMember__srt--StatementGeographicalAxis__country--CN_z6PmjGlX9f23" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 12pt">Change in valuation allowance</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">329,275</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_pid_dp_maABCD_c20250401__20260331__us-gaap--IncomeTaxAuthorityAxis__us-gaap--DomesticTaxJurisdictionFederalStateAndLocalMember__srt--StatementGeographicalAxis__country--CN_z75mWDH1NFk5" style="text-align: right" title="Change in valuation allowance, percentage">(3.9</td><td style="text-align: left">%)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left">Foreign tax effects</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left">Cayman Islands</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_hus-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--KY_zM3vjvelLuGj" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 12pt">Statutory tax rate difference between PRC and other jurisdictions</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">475,202</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_pid_dpi_maABCD_c20250401__20260331__us-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--KY_z5NcAZE2wBNh" style="text-align: right" title="Statutory tax rate difference between PRC and other jurisdictions, percentage">(5.6</td><td style="text-align: left">%)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left">Hong Kong</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_hus-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--HK_zUrcq2fStLrf" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 12pt">Statutory tax rate difference between PRC and other jurisdictions</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">562</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_pid_dp_maABCD_c20250401__20260331__us-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--HK_zX3Oj3gl7pCd" style="text-align: right" title="Statutory tax rate difference between PRC and other jurisdictions, percentage">(0.0</td><td style="text-align: left">%)</td></tr> <tr id="xdx_40A_eus-gaap--IncomeTaxReconciliationNondeductibleExpense_hus-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--HK_zPgOZ51KeKK7" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 12pt">Effect of non-tax deductible expenses and loss</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,091</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--EffectiveIncomeTaxRateReconciliationNondeductibleExpense_pid_dp_maABCD_c20250401__20260331__us-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--HK_zCxVrHPfO1ja" style="text-align: right" title="Effect of non-tax deductible expenses and loss, percentage">(0.0</td><td style="text-align: left">%)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold">Singapore</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_hus-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--SG_zuyC39ksRZ43" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 12pt">Statutory tax rate difference between PRC and other jurisdictions</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">270</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_pid_dp_maABCD_c20250401__20260331__us-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--SG_zYEhJcgeTL5b" style="text-align: right" title="Statutory tax rate difference between PRC and other jurisdictions, percentage">(0.0</td><td style="text-align: left">%)</td></tr> <tr id="xdx_406_eus-gaap--IncomeTaxReconciliationNondeductibleExpense_hus-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--SG_z10YN53UhmDj" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 12pt">Effect of non-tax deductible expenses and loss</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">574</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--EffectiveIncomeTaxRateReconciliationNondeductibleExpense_pid_dp_maABCD_c20250401__20260331__us-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--SG_zFI8Y46fI7Cf" style="text-align: right" title="Effect of non-tax deductible expenses and loss, percentage">(0.0</td><td style="text-align: left">%)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left">United States</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_hus-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--US_zNxzoMKfOnYg" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 12pt">Statutory tax rate difference between PRC and other jurisdictions</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">52</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_pid_dp_maABCD_c20250401__20260331__us-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--US_zUao4VZeVMa2" style="text-align: right" title="Statutory tax rate difference between PRC and other jurisdictions, percentage">(0.0</td><td style="text-align: left">%)</td></tr> <tr id="xdx_402_eus-gaap--IncomeTaxReconciliationNondeductibleExpense_hus-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--US_zE9wOWb2qfb6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 12pt">Effect of non-tax deductible expenses and loss</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">274</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_eus-gaap--EffectiveIncomeTaxRateReconciliationNondeductibleExpense_pid_dp_maABCD_c20250401__20260331__us-gaap--IncomeTaxAuthorityAxis__us-gaap--ForeignCountryMember__srt--StatementGeographicalAxis__country--US_zX0VqVfUcQ31" style="border-bottom: Black 1pt solid; text-align: right" title="Effect of non-tax deductible expenses and loss, percentage">(0.0</td><td style="padding-bottom: 1pt; text-align: left">%)</td></tr> <tr id="xdx_403_eus-gaap--IncomeTaxExpenseBenefit_pp0p0_di_mtITEBzbcp_zl1Py8LOVOO7" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Income tax expense</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Effective tax rate</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--EffectiveIncomeTaxRateContinuingOperations_pid_dp_mtABCD_c20250401__20260331_z8em4V44Ddp3" style="border-bottom: Black 1pt solid; text-align: right" title="Effective tax rate, percentage">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Deferred tax assets</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98E_eus-gaap--DeferredTaxAssetsGross_iI_c20260331_zym6flyNoD7f" style="width: 16%; text-align: right" title="Deferred tax assets">1,161,878</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Valuation allowance</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--DeferredTaxAssetsValuationAllowance_iNI_di_c20260331_z7ShqGADikBe" style="text-align: right" title="Valuation allowance">(1,161,878</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left">Deferred tax assets, net of valuation allowance</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--DeferredTaxAssetsNet_iI_c20260331_z6euNTokOnZi" style="text-align: right" title="Deferred tax assets, net of valuation allowance">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Deferred tax liability</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--DeferredIncomeTaxLiabilities_iI_c20260331_zscFN5yFnLve" style="text-align: right" title="Deferred tax liability">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left">Deferred tax assets, net</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--DeferredTaxAssetsLiabilitiesNet_iI_c20260331_zIIqMvuSQ0qb" style="text-align: right" title="Deferred tax assets, net">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" id="xdx_301_134_zv5uf5d8Nkq3" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - Schedule of reconciliation between statutory income tax and effective tax (Details)"> <tr style="font: 10pt Times New Roman, Times, Serif; display: none"> <td style="font: 10pt Times New Roman, Times, Serif; display: none; vertical-align: bottom"> </td> <td style="font: 10pt Times New Roman, Times, Serif; display: none; vertical-align: bottom"> </td> <td style="font: 10pt Times New Roman, Times, Serif; display: none; vertical-align: bottom"> </td> <td id="xdx_492_20240401__20250331_zaNsWR2LKJcj" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; display: none; text-align: center">2025</td> <td style="font: 10pt Times New Roman, Times, Serif; display: none; text-align: center"> </td> <td style="font: 10pt Times New Roman, Times, Serif; display: none; text-align: center"> </td> <td style="font: 10pt Times New Roman, Times, Serif; display: none; text-align: center"> </td> <td id="xdx_49E_20230401__20240331_znenkhpq1iY2" style="border-top: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; display: none; text-align: center">2024</td> <td style="font: 10pt Times New Roman, Times, Serif; display: none; vertical-align: bottom"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td colspan="5" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">For the years ended March 31,</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 66%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 3%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 1%"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 15%; text-align: center">2025</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: center"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: center"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: center"> </td> <td style="border-top: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 11%; border-bottom: Black 1pt solid; text-align: center">2024</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 1%"> </td></tr> <tr id="xdx_406_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pp0p0_z3HBJNvjl6dl" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif">Income before income taxes</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">$</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">(2,925,989</td> <td style="font: 10pt Times New Roman, Times, Serif">)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">$</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">(5,212,305</td> <td style="font: 10pt Times New Roman, Times, Serif">)</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: white"> <td style="font: 10pt Times New Roman, Times, Serif">Tax rate</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">25</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">25</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr id="xdx_40C_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_pp0p0_maITEBzbcp_zGKkEHXxZKje" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif">Provision for income taxes at statutory tax rate</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">$</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">(731,497</td> <td style="font: 10pt Times New Roman, Times, Serif">)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">$</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">(1,303,076</td> <td style="font: 10pt Times New Roman, Times, Serif">)</td></tr> <tr id="xdx_406_eus-gaap--IncomeTaxReconciliationTaxExemptIncome_iN_pp0p0_di_msITEBzbcp_zHfwiBjWTKO6" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: white"> <td style="font: 10pt Times New Roman, Times, Serif">Effect of tax-exempt entity</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">294,740</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">23,825</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr id="xdx_407_eus-gaap--IncomeTaxReconciliationPriorYearIncomeTaxes_pp0p0_maITEBzbcp_zNi0REH6yuYd" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif">Effect of previous year over-paid tax expenses</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">—</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">—</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr id="xdx_403_eus-gaap--IncomeTaxReconciliationNondeductibleExpense_pp0p0_maITEBzbcp_zjwBW6RS5xCj" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: white"> <td style="font: 10pt Times New Roman, Times, Serif">Effect of non-tax deductible expenses and loss</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">166</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">25</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr id="xdx_405_ecustom--EffectiveIncomeTaxRateReconciliationDeductiblePriorYearLoss_pp0p0_maITEBzbcp_z212pgFmTzpa" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif">Effect of deductible prior year loss</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">—</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">—</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr id="xdx_404_ecustom--EffectiveIncomeTaxRateReconciliationUnrecognizedTaxLosses_pp0p0_maITEBzbcp_zsANds10xjt8" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: white"> <td style="font: 10pt Times New Roman, Times, Serif">Effect of tax loss not recognized</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">37,488</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">187,292</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr id="xdx_40A_ecustom--IncomeTaxReconciliationAccruedTaxExpenses_pp0p0_maITEBzbcp_zNpTOzeOG0C5" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif">Effect of previous year over-accrued tax expenses</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">—</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">—</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr id="xdx_406_ecustom--EffectOfInvestmentIncomelossnotRecognized_maITEBzbcp_zSVzItSTQhL8" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: white"> <td style="font: 10pt Times New Roman, Times, Serif">Effect of investment (income)/loss not recognized</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">(2,768)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right">271</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr id="xdx_407_eus-gaap--IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses_pp0p0_maITEBzbcp_zp4VdK0DMKDe" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">Effect of impairment not recognized</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> </td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">454,919</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> </td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">1,064,390</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td></tr> <tr id="xdx_40F_eus-gaap--IncomeTaxExpenseBenefit_iT_pp0p0_mtITEBzbcp_zC6BlClsSXId" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: white"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">Income tax expense/(credit)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif">$</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">53,048</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif">$</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">(27,273</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">) </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif; width: 66%">Deferred tax assets</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 3%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%"> </td> <td id="xdx_982_eus-gaap--DeferredTaxAssetsGross_iI_c20250331_zJVsGDd5Htsa" style="font: 10pt Times New Roman, Times, Serif; width: 15%; text-align: right" title="Deferred tax assets">1,580,716</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%"> </td> <td id="xdx_98F_eus-gaap--DeferredTaxAssetsGross_iI_c20240331_ztXGGpeBdx51" style="font: 10pt Times New Roman, Times, Serif; width: 11%; text-align: right" title="Deferred tax assets">1,195,951</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">Valuation allowance</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> </td> <td id="xdx_98C_eus-gaap--DeferredTaxAssetsValuationAllowance_iNI_di_c20250331_zmvUbXa2LbZ" style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: right" title="Valuation allowance">(1,580,716)</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> </td> <td id="xdx_983_eus-gaap--DeferredTaxAssetsValuationAllowance_iNI_di_c20240331_zd40SMHuFwNf" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: right" title="Valuation allowance">(1,195,951)</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif">Deferred tax assets, net of valuation allowance</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98F_eus-gaap--DeferredTaxAssetsNet_iI_c20250331_ziNxdfZEP9vh" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Deferred tax assets, net of valuation allowance">—</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_987_eus-gaap--DeferredTaxAssetsNet_iI_c20240331_zzisTrIivqUd" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Deferred tax assets, net of valuation allowance">—</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif">Deferred tax liability</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_980_eus-gaap--DeferredIncomeTaxLiabilities_iI_c20250331_zs2SYDJldlNj" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Deferred tax liability">—</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98F_eus-gaap--DeferredIncomeTaxLiabilities_iI_c20240331_z2iARqNQBUq1" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Deferred tax liability">—</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif">Deferred tax assets, net</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98F_eus-gaap--DeferredTaxAssetsLiabilitiesNet_iI_c20250331_z2JL5pTjnWOa" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Deferred tax assets, net">—</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_984_eus-gaap--DeferredTaxAssetsLiabilitiesNet_iI_c20240331_zYz5VgaWstZ6" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Deferred tax assets, net">—</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> </table>

-8499053

0.25

-2124763

0.250

1317390

-0.155

-0.000

329275

0.039

475202

0.056

562

-0.000

1091

-0.000

270

-0.000

574

-0.000

274

-0.000

1161878

816536

289148

30835

25359

1161878

-2925989

-5212305

0.25

-731497

-1303076

-294740

-23825

166

37488 187292 -2768 271

454919

1064390

53048

-27273

1580716

1195951

1580716

1195951

1580716

335885

776123 6610 28010

1161878

776123

289148

Schedule of net operating tax loss carryforwards <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49D_20260331_zxQC9IDTKoq3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Amount</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left"> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td></tr> <tr id="xdx_400_ecustom--OperatingLossCarryforwardsYearOne_iI_maOLCzfio_zAVaYlgqX2E8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 80%; text-align: left; text-indent: -10pt; padding-left: 10pt">2027</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">122,184</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_402_ecustom--OperatingLossCarryforwardsYearTwo_iI_maOLCzfio_zll45QXjpKx3" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -10pt; padding-left: 10pt">2028</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">542,996</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_ecustom--OperatingLossCarryforwardsYearThree_iI_maOLCzfio_z2M1jpLPxPtf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -10pt; padding-left: 10pt">2029</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">232,511</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_ecustom--OperatingLossCarryforwardsYearFour_iI_maOLCzfio_z0bFxS5zgtNh" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -10pt; padding-left: 10pt">2030</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">120,509</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_ecustom--OperatingLossCarryforwardsYearFive_iI_maOLCzfio_zJk9tcoKJyw6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -10pt; padding-left: 10pt">2031</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">827,137</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--OperatingLossCarryforwards_iTI_mtOLCzfio_zePP9NXxCFx6" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; font-weight: bold; padding-bottom: 2.5pt; text-indent: -10pt; padding-left: 10pt">Total</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">1,845,337</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> </table>

122184 542996 232511 120509 827137

1845337

0.06

the tax years ended March 31, 2020 through 2025 for the Group’s subsidiaries in the PRC are generally subject to examination by the PRC tax authorities.

Taxes payable consisted of the following: Schedule of taxes payable <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none; padding-bottom: 1pt"> </td><td style="display: none; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_490_20260331_z4F61xTRUiF8" style="display: none; padding-bottom: 1pt; text-align: center"> </td><td style="display: none; padding-bottom: 1pt"> </td><td style="display: none; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_494_20250331_zKSgHuwPurfi" style="display: none; padding-bottom: 1pt; text-align: center"> </td><td style="display: none; padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_405_eus-gaap--AccruedIncomeTaxesCurrent_iI_pp0p0_maTPCz5xC_zFE4KGFZIon3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Income tax payable</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">218,071</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">216,539</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--SalesAndExciseTaxPayableCurrent_iI_pp0p0_maTPCz5xC_zAKpSXcqIet9" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">VAT payable</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,227</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,591</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--AccrualForTaxesOtherThanIncomeTaxesCurrent_iI_pp0p0_maTPCz5xC_zFlMIOIIbxdi" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Other tax payables</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,263</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--TaxesPayableCurrent_iTI_pp0p0_mtTPCz5xC_zI0FaSxaRmCf" style="vertical-align: bottom; background-color: White"> <td>Total</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">219,298</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">221,393</td><td style="text-align: left"> </td></tr> </table>

218071

216539

1227

2591

2263

219298

221393

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 24px; text-align: justify">18.</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Share based compensation</td></tr> </table> On May 10, 2024, 480,000 ordinary shares of par value $0.0002 per share were issued as stock compensation to Bin Fu, CEO, for 240,000 ordinary shares and to Dawei Chen, CFO, for 240,000 ordinary shares. On October 1, 2024, the Company granted an aggregate of 270,000 ordinary shares under its equity incentive plan to three individual senior managements and director, with each recipient allocated <span id="xdx_902_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_pid_c20241001__20241001__srt--TitleOfIndividualAxis__srt--ChiefExecutiveOfficerMember_zKku9HNK17oe" title="Stock option granted"><span id="xdx_901_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_pid_c20241001__20241001__srt--TitleOfIndividualAxis__srt--ChiefFinancialOfficerMember_zne30f6bD8rb" title="Stock option granted"><span id="xdx_90B_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_pid_c20241001__20241001__srt--TitleOfIndividualAxis__srt--DirectorMember_zMgQlm6E9Ltk" title="Stock option granted">90,000 ordinary shares: Bill Fu Bin, Chief Executive Officer; Dawei Chen, Chief Financial Officer; and Peng Wang, Board Director. These share awards were subject to a one-year continuous service vesting condition and had a weighted average grant-date fair value of $<span id="xdx_90E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_pid_c20241001__20241001_zPTGpUSj5UWj" title="Weighted average grant-date fair value">1.11 per share. All three grantees satisfied the vesting requirements, and the corresponding shares were fully delivered to each grantee on October 21, 2025. On May 1, 2025, the Company granted stock awards of 90,000 ordinary shares, par value $0.0002, to each of the Chief Technology Officer and Chief Product Officer of the Company as a part of their new employment with the Company. The weighted average grant-date fair value of the Award Shares was $<span id="xdx_901_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_pid_c20250501__20250501_zZO4McT5etbj" title="Weighted average grant-date fair value">1.07 per share. The Award Shares were scheduled to vest and the Restricted Period was to lapse on May 1, 2026, subject to the Grantees remaining in the continuous service of the Company or its subsidiaries. Both Grantees departed the Company in January 2026, and accordingly, all 180,000 Award Shares were forfeited. On July 2, 2025, the Company issued <span id="xdx_903_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20250702__20250702__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesAPreferredStockMember__srt--TitleOfIndividualAxis__srt--ChiefExecutiveOfficerMember_zkvCkGBfzhnj" title="Shares issued">1,000,000 Series A Preference Shares to Bin Fu at no consideration. These shares were measured under ASC 718 — Share-based Compensation, had a weighted average grant-date fair value of $<span id="xdx_909_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_pid_c20250702__20250702__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesAPreferredStockMember__srt--TitleOfIndividualAxis__srt--ChiefExecutiveOfficerMember_zAqFFvZ9fJ63" title="Weighted average grant-date fair value">0.90 per share, and were fully vested upon grant with no service, performance, or any other conditions.

480000

0.0002

240000

270000

90000

1.11

90000

0.0002

1.07

180000

1000000

0.90

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 24px; text-align: justify">19.</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Equity</td></tr> </table> Ordinary Shares On May 10, 2024, 480,000 ordinary shares of par value $0.0002 per share were issued as stock compensation to Bin Fu, CEO, for 240,000 ordinary shares and to Dawei Chen, CFO, for 240,000 ordinary shares. The shares were issued as equity-classified awards in accordance with ASC 718. The Company then increased ordinary shares at amount of $96 accordingly. On October 1, 2024 (the grant date), the Company granted an aggregate of 270,000 ordinary shares under its equity incentive plan to three individual senior managements and director, with each recipient allocated <span id="xdx_902_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_pid_c20241001__20241001__srt--TitleOfIndividualAxis__srt--ChiefExecutiveOfficerMember_z06JKKKRjKb2" title="Stock option granted"><span id="xdx_901_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_pid_c20241001__20241001__srt--TitleOfIndividualAxis__srt--ChiefFinancialOfficerMember_zZDVNmKFVeQl" title="Stock option granted"><span id="xdx_90B_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_pid_c20241001__20241001__srt--TitleOfIndividualAxis__srt--DirectorMember_zDa1k8WjCcHi" title="Stock option granted">90,000 ordinary shares: Bill Fu Bin, Chief Executive Officer; Dawei Chen, Chief Financial Officer; and Peng Wang, Board Director. These ordinary shares were issued without registration with the SEC at the grant date and were initially subject to restrictions on transfer. Upon vesting, the shares were registered with the SEC, the applicable restrictions were lifted, and the shares were delivered to each grantee on October 21, 2025. The share awards were subject to a one-year continuous service vesting condition and were accounted for as equity-classified share-based compensation in accordance with ASC 718. All three grantees satisfied the vesting requirements, and the corresponding shares were fully delivered to each grantee on October 21, 2025. Accordingly, the Company’s ordinary shares increased by $54 with the par value of $0.0002 for each share issued as equity incentive. Preference shares Pursuant to the Amended and Restated Memorandum and Articles of Association approved by shareholder resolution dated October 10, 2025 and filed with the Cayman Islands Registrar of Companies on October 15, 2025, we have 5,000,000 authorized preference shares with a par value of $0.0002 per share, designated into two separate series: Series A and Series B. Series A Preference Shares: 1,000,000 shares authorized, par value of $0.0002 per share, fully issued and outstanding to Mr. Bin Fu on July 2, 2025, which were issued at no consideration and hence measured under ASC 718 - Share-based Compensation. Each Series A Preference Share entitles the holder to 50 votes. Series B Preference Shares: 4,000,000 shares authorized, par value of $0.0002 per share, approved by the shareholder resolution dated October 10, 2025. The Company entered into a Securities Purchase Agreement with Mr. Xuejun Ji on March 25, 2026 for the issuance of all Series B Preference Shares. Tranche issuance and registration of Series B Preference Shares commenced in June 2026, and <span id="xdx_907_eus-gaap--PreferredStockSharesOutstanding_iI_pid_do_c20260331__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesBPreferredStockMember_zKCjRs3aClS7" title="Preferred stock, shares outstanding">no Series B Preference Shares were issued and outstanding as at March 31, 2026. Each Series B Preference Share entitles the holder to 200 votes. Warrants In July 2020, we issued non-redeemable warrants to purchase an aggregate of 150,000 ordinary shares to underwriters in our initial public offering and certain of its affiliates. Such warrants are exercisable by the warrant holders, from December 27, 2020 to 5:00 p.m., Eastern time, June 30, 2025, to purchase, in whole or in part, up to 150,000 shares of our ordinary shares at a price of $6.00 per share and have cashless exercise options, subject to standard anti-dilution adjustments for share sub-divisions and similar transactions. The warrants expired unexercised on June 30, 2025, and no warrants were ever exercised as of March 31, 2026. SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

480000

0.0002

240000

270000

90000

0.0002

5000000

0.0002

1000000

0.0002

Each Series A Preference Share entitles the holder to 50 votes.

4000000

0.0002

Each Series B Preference Share entitles the holder to 200 votes.

150000

6.00

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">20.</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Related parties</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">a)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The table below sets forth the related party and the relationship with the Company:</td></tr> </table> <p id="xdx_897_ecustom--ScheduleOfRelatedPartyAndRelationshipTableTextBlock_zhrMGkGeqwJa" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify; text-indent: -0.25in"> Schedule of related party and relationship <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; width: 49%; font-weight: bold; text-align: center">Name of related party</td><td style="width: 2%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 49%; font-weight: bold; text-align: center">Relationship with the Company</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: center">Xiaofeng Gao</td><td> </td> <td style="text-align: center"><span id="xdx_90A_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--XiaofengGaoMember_fKg_____zVD0IHE8f6A7" title="Related party relationship with entity">Former chairman of the Board of Directors and Co-Chief Executive Officer, and 15.52% beneficial owner of the Company*</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: center">Bin Fu</td><td> </td> <td style="text-align: center"><span id="xdx_909_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--BinFuMember_fKg_____z8mMqmFiVNz7" title="Related party relationship with entity">Chairman of the Board of Directors and Chief Executive Officer of the Company*</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: center">Peng Wang</td><td> </td> <td style="text-align: center"><span id="xdx_90B_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--PengWangMember_zE8vD0EbvFOj" title="Related party relationship with entity">Director of the Company</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: center">Xuejun Ji</td><td> </td> <td style="text-align: center"><span id="xdx_906_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--XuejunJiMember_zgYzF3jNB6Eg" title="Related party relationship with entity">16.02% beneficial owner of the Company</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: center">Hunan Medical Star Technology Co., Ltd. ( Medical Star)</td><td> </td> <td style="text-align: center"><span id="xdx_905_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--HunanMedicalStarTechnologyCoLtdMember_zJR7w3bSewAb" title="Related party relationship with entity">Joint venture</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: center">Wuxi Kingway Technology Co., Ltd. (“Wuxi Kingway”)**</td><td> </td> <td style="text-align: center"><span id="xdx_905_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--WuxiKingwayTechnologyCoLtdMember_fKio___z3ycdmTkjt1" title="Related party relationship with entity">Entity controlled by Xiaofeng Gao</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: center">Columbus Digital Technology (Shenzhen) Co., Ltd.</td><td> </td> <td style="text-align: center"><span id="xdx_90A_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ColumbusDigitalTechnologyShenzhenCoLtdMember_zrZ8lfviKSRa" title="Related party relationship with entity">Entity controlled by Xuejun Ji</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td id="xdx_F02_z7n7L5jJZnei" style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: right">*</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">On September 6, 2024, Mr. Xiaofeng Gao resigned as the chairman of the Board of Directors and Co-Chief Executive Officer of the Company and Mr. Bin Fu has become the sole Chief Executive Officer of the Company.</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: right">**</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Wuxi Kingway was a subsidiary of the Company before March 17, 2025 and deconsolidated from the Group upon the termination of the VIE Agreements on March 17, 2025. Since Wuxi Kingway is an entity controlled by Xiaofeng Gao, who is a major beneficiary owner of the Company, Wuxi Kingway becomes a related party to the Group thereafter. </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">b)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The Company had the following related party balances with the related parties mentioned above:</td></tr> </table> Schedule of related party balance with the related party <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none; font-weight: bold; text-align: left">Amounts due to related parties</td><td style="display: none; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20260331_zPFy5mTRUyxi" style="display: none; text-align: right"> </td><td style="display: none; padding-bottom: 1pt"> </td><td style="display: none; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20250331_zZYxZH3uvQ77" style="display: none; text-align: right"> </td><td style="display: none; padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left">Amounts due to related parties</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: right"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: right"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_400_eus-gaap--OtherLiabilitiesCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--XiaofengGaoMember_zF930EMBKYpe" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left">Amounts due to Xiaofeng Gao (1)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">29,254</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">23,007</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--OtherLiabilitiesCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--XuejunJiMember_z2sPcCBYCX9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Amounts due to Xuejun Ji (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">11,145</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--OtherLiabilitiesCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--BinFuMember_zEb5MIgap5B5" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Amounts due to Bin Fu (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">39,007</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--OtherLiabilitiesCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ShenzhenMember_zifU31LHtkY6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Amounts due to Columbus Digital Technology (Shenzhen) Co., Ltd.(2)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">79,759</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--OtherLiabilitiesCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_zU6B0XcJu7M1" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">109,013</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">73,159</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--OtherLiabilitiesCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_znuuTpXxtvvk" style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="display: none; padding-bottom: 2.5pt">Amount due to related party</td><td style="display: none; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; display: none; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; display: none; text-align: right">109,013</td><td style="display: none; padding-bottom: 2.5pt; text-align: left"> </td><td style="display: none; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; display: none; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; display: none; text-align: right">73,159</td><td style="display: none; padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; width: 0.25in">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The amounts result from the arrangements with related parties for temporary advances for operating purpose. These transactions are unsecured, interest free without fixed maturity date and being due on demand.</td></tr> <tr style="vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top">(2)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The amount due to Columbus Digital Technology (Shenzhen) Co., Ltd. represents accrued rental payables arising from an operating lease arrangement for office premises. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIHJlbGF0ZWQgcGFydHkgYmFsYW5jZSB3aXRoIHRoZSByZWxhdGVkIHBhcnR5IChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_903_eus-gaap--LesseeOperatingLeaseDescription_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ShenzhenMember_zMSM8Ka7sc79" title="Operating lease description">The lease term covered the period from April 1, 2024 to March 31, 2026. As of March 31, 2026 , the outstanding balance of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIHJlbGF0ZWQgcGFydHkgYmFsYW5jZSB3aXRoIHRoZSByZWxhdGVkIHBhcnR5IChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90E_ecustom--UnpaidRent_iI_c20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ShenzhenMember_zSjYtS80sR72" title="Unpaid rent">79,759 comprises unpaid rent for the lease period.</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none; font-weight: bold">Promissory note to related parties</td><td style="display: none; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20260331_zvM6xj7aUUhg" style="display: none; text-align: center"> </td><td style="display: none; padding-bottom: 1pt"> </td><td style="display: none; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20250331_zXQeNEGA0Cwf" style="display: none; text-align: center"> </td><td style="display: none; padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">Promissory note to related parties</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_401_ecustom--PromissoryNoteToRelatedParties_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--XuejunJiMember_zRamlhibLzd" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left">Amounts due to Xuejun Ji</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">400,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">400,000</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_408_ecustom--PromissoryNoteToRelatedParties_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--BinFuMember_zRiJqNvzt187" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Amounts due to Bin Fu</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">200,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">200,000</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_ecustom--PromissoryNoteToRelatedParties_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--PengWangMember_zwiWD9fTzbZg" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Amounts due to Peng Wang</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">400,000</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40F_ecustom--PromissoryNoteToRelatedParties_iI_zCKMyvWXWXR9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">1,000,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">600,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr id="xdx_407_ecustom--PromissoryNoteToRelatedParties_iI_zDBkvtQuhvt3" style="display: none; vertical-align: bottom; background-color: White"> <td style="display: none; padding-bottom: 2.5pt">Promissory note to related parties</td><td style="display: none; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; display: none; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; display: none; text-align: right">1,000,000</td><td style="display: none; padding-bottom: 2.5pt; text-align: left"> </td><td style="display: none; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; display: none; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; display: none; text-align: right">600,000</td><td style="display: none; padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> Amounts owed to Xuejun Ji, Bin Fu and Peng Wang arise from promissory notes issued by the Company, which bear interest at <span id="xdx_90B_eus-gaap--DebtInstrumentInterestRateDuringPeriod_pid_dp_c20250401__20260331__us-gaap--DebtInstrumentAxis__custom--PromissoryNotesMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--XuejunJiMember_zPLysJCuAlJe" title="Interest rate"><span id="xdx_900_eus-gaap--DebtInstrumentInterestRateDuringPeriod_pid_dp_c20250401__20260331__us-gaap--DebtInstrumentAxis__custom--PromissoryNotesMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--BinFuMember_zxfGtNi3O822" title="Interest rate"><span id="xdx_90C_eus-gaap--DebtInstrumentInterestRateDuringPeriod_pid_dp_c20250401__20260331__us-gaap--DebtInstrumentAxis__custom--PromissoryNotesMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--PengWangMember_zDhd5mYdGaE9" title="Interest rate">6% per annum. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none; font-weight: bold; text-align: left; padding-bottom: 1pt">Amounts due from a related party</td><td style="display: none; padding-bottom: 1pt"> </td> <td style="display: none; text-align: left"> </td><td id="xdx_492_20260331_zWfHGIxf9qwg" style="display: none; text-align: right"> </td><td style="display: none; padding-bottom: 1pt; text-align: left"> </td><td style="display: none; padding-bottom: 1pt"> </td> <td style="display: none; text-align: left"> </td><td id="xdx_497_20250331_zxGZv9ZGVhmk" style="display: none; text-align: right"> </td><td style="display: none; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt">Amounts due from a related party</td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--OtherReceivables_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--WuxiKingwayMember_z9IpcZSw0nKb" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left">Amounts due from Wuxi Kingway(1)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">660,539</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--OtherReceivables_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--WuxiKingwayMember_zRhZTzlKUrq3" style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="display: none; text-align: left">Amounts due from a related party</td><td style="display: none"> </td> <td style="display: none; text-align: left">$</td><td style="display: none; text-align: right">—</td><td style="display: none; text-align: left"> </td><td style="display: none"> </td> <td style="display: none; text-align: left">$</td><td style="display: none; text-align: right">660,539</td><td style="display: none; text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; width: 0.25in">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">As of March 31, 2026, the Group recorded a provision for expected credit losses on receivables due from Wuxi Kingway, which is collateralized by the pledge of shares owned by Mr. Gao, amounting to $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIHJlbGF0ZWQgcGFydHkgYmFsYW5jZSB3aXRoIHRoZSByZWxhdGVkIHBhcnR5IChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_903_eus-gaap--OtherReceivables_iI_c20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--MrGaoMember_zk509AR6NuE4" title="Amounts due from a related party">660,539, of which $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIHJlbGF0ZWQgcGFydHkgYmFsYW5jZSB3aXRoIHRoZSByZWxhdGVkIHBhcnR5IChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90B_eus-gaap--OtherReceivablesNetCurrent_iI_c20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--MrGaoMember_zvarMMRQmvv" title="Amounts due from a related party, current">93,686 included in current portion and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIHJlbGF0ZWQgcGFydHkgYmFsYW5jZSB3aXRoIHRoZSByZWxhdGVkIHBhcnR5IChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_907_eus-gaap--OtherReceivableAfterAllowanceForCreditLossNoncurrent_iI_c20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--MrGaoMember_zZbhKBpnBJL8" title="Amounts due from a related party, Non-current">566,853 included in non-current portion. Management concluded that such outstanding balances are not recoverable due to the prolonged business downturn and liquidity constraints experienced by Wuxi Kingway.</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">c)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The Company had the following related party transaction with the related party mentioned above:</td></tr> </table> Schedule of related party transactions with related party <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49F_20250401__20260331_zrJFrw9UPxdg" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49B_20240401__20250331_zYid0XXDz6Gc" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49D_20230401__20240331_zJ95RkWhEg81" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2024</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the years ended March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_402_ecustom--AdvanceFromRelatedParty_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--XiaofengGaoMember_zTbReMvt8CFc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 46%; text-align: left">Advance from Xiaofeng Gao</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">12,478</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">20,908</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40E_ecustom--BondReceivedFromRelatedParty_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--XuejunJiMember_ziUWgMNeneFi" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Bond received from Xuejun Ji</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">400,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_ecustom--BondReceivedFromRelatedParty_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--BinFuMember_zeLVOnMM37Yh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Bond received from Bin Fu</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">200,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_ecustom--BondReceivedFromRelatedParty_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--PengWangMember_zgrvcHMDnxXl" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Bond received from Peng Wang</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">400,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_ecustom--BondReceivedFromRelatedParty_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--PengWangMember_zrw5ufzwaCug" style="display: none; vertical-align: bottom; background-color: White"> <td style="display: none; text-align: justify">Bond received from related parties</td><td style="display: none"> </td> <td style="display: none; text-align: left"> </td><td style="display: none; text-align: right">400,000</td><td style="display: none; text-align: left"> </td><td style="display: none"> </td> <td style="display: none; text-align: left"> </td><td style="display: none; text-align: right">—</td><td style="display: none; text-align: left"> </td><td style="display: none"> </td> <td style="display: none; text-align: left"> </td><td style="display: none; text-align: right">—</td><td style="display: none; text-align: left"> </td></tr> <tr id="xdx_405_ecustom--SalesToRelatedParty_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--MedicalStarMember_zgAIzrrUTDTg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Sales to Medical Star</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">17,235</td><td style="text-align: left"> </td></tr> </table> During the fiscal year ended March 31, 2026, the Company’s recognized interest expenses amounted to $<span id="xdx_90E_eus-gaap--InterestExpenseDebt_c20250401__20260331__us-gaap--DebtInstrumentAxis__custom--PromissoryNotesMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--BinFuMember_zQjiTi0RRgMj" title="Interest expense">12,167, $<span id="xdx_900_eus-gaap--InterestExpenseDebt_c20250401__20260331__us-gaap--DebtInstrumentAxis__custom--PromissoryNotesMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--XuejunJiMember_z5BXziFWA1Ph" title="Interest expense">22,684 and $<span id="xdx_90D_eus-gaap--InterestExpenseDebt_c20250401__20260331__us-gaap--DebtInstrumentAxis__custom--PromissoryNotesMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--PengWangMember_zXmKN7wdjLS5" title="Interest expense">14,631, respectively, pertaining to promissory notes payable to Bin Fu, Xuejun Ji and Peng Wang. During the fiscal year ended March 31, 2026, the Company’s recognized interest income amounted to $26,430, pertaining to loan receivable from Wuxi Kingway Technology Co., Ltd. During the fiscal year ended March 31, 2026, the Company recognized rental expenses of $102,079 pertaining to Columbus Digital Technology (Shenzhen) Co., Ltd. SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

<p id="xdx_897_ecustom--ScheduleOfRelatedPartyAndRelationshipTableTextBlock_zhrMGkGeqwJa" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify; text-indent: -0.25in"> Schedule of related party and relationship <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; width: 49%; font-weight: bold; text-align: center">Name of related party</td><td style="width: 2%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 49%; font-weight: bold; text-align: center">Relationship with the Company</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: center">Xiaofeng Gao</td><td> </td> <td style="text-align: center"><span id="xdx_90A_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--XiaofengGaoMember_fKg_____zVD0IHE8f6A7" title="Related party relationship with entity">Former chairman of the Board of Directors and Co-Chief Executive Officer, and 15.52% beneficial owner of the Company*</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: center">Bin Fu</td><td> </td> <td style="text-align: center"><span id="xdx_909_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--BinFuMember_fKg_____z8mMqmFiVNz7" title="Related party relationship with entity">Chairman of the Board of Directors and Chief Executive Officer of the Company*</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: center">Peng Wang</td><td> </td> <td style="text-align: center"><span id="xdx_90B_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--PengWangMember_zE8vD0EbvFOj" title="Related party relationship with entity">Director of the Company</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: center">Xuejun Ji</td><td> </td> <td style="text-align: center"><span id="xdx_906_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--XuejunJiMember_zgYzF3jNB6Eg" title="Related party relationship with entity">16.02% beneficial owner of the Company</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: center">Hunan Medical Star Technology Co., Ltd. ( Medical Star)</td><td> </td> <td style="text-align: center"><span id="xdx_905_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--HunanMedicalStarTechnologyCoLtdMember_zJR7w3bSewAb" title="Related party relationship with entity">Joint venture</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: center">Wuxi Kingway Technology Co., Ltd. (“Wuxi Kingway”)**</td><td> </td> <td style="text-align: center"><span id="xdx_905_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--WuxiKingwayTechnologyCoLtdMember_fKio___z3ycdmTkjt1" title="Related party relationship with entity">Entity controlled by Xiaofeng Gao</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: center">Columbus Digital Technology (Shenzhen) Co., Ltd.</td><td> </td> <td style="text-align: center"><span id="xdx_90A_eus-gaap--NatureOfCommonOwnershipOrManagementControlRelationships_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ColumbusDigitalTechnologyShenzhenCoLtdMember_zrZ8lfviKSRa" title="Related party relationship with entity">Entity controlled by Xuejun Ji</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td id="xdx_F02_z7n7L5jJZnei" style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: right">*</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">On September 6, 2024, Mr. Xiaofeng Gao resigned as the chairman of the Board of Directors and Co-Chief Executive Officer of the Company and Mr. Bin Fu has become the sole Chief Executive Officer of the Company.</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: right">**</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Wuxi Kingway was a subsidiary of the Company before March 17, 2025 and deconsolidated from the Group upon the termination of the VIE Agreements on March 17, 2025. Since Wuxi Kingway is an entity controlled by Xiaofeng Gao, who is a major beneficiary owner of the Company, Wuxi Kingway becomes a related party to the Group thereafter. </td></tr> </table>

Former chairman of the Board of Directors and Co-Chief Executive Officer, and 15.52% beneficial owner of the Company

Chairman of the Board of Directors and Chief Executive Officer of the Company

Director of the Company

16.02% beneficial owner of the Company

Joint venture

Entity controlled by Xiaofeng Gao

Entity controlled by Xuejun Ji

Schedule of related party balance with the related party <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none; font-weight: bold; text-align: left">Amounts due to related parties</td><td style="display: none; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20260331_zPFy5mTRUyxi" style="display: none; text-align: right"> </td><td style="display: none; padding-bottom: 1pt"> </td><td style="display: none; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20250331_zZYxZH3uvQ77" style="display: none; text-align: right"> </td><td style="display: none; padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left">Amounts due to related parties</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: right"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: right"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_400_eus-gaap--OtherLiabilitiesCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--XiaofengGaoMember_zF930EMBKYpe" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left">Amounts due to Xiaofeng Gao (1)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">29,254</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">23,007</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--OtherLiabilitiesCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--XuejunJiMember_z2sPcCBYCX9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Amounts due to Xuejun Ji (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">11,145</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--OtherLiabilitiesCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--BinFuMember_zEb5MIgap5B5" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Amounts due to Bin Fu (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">39,007</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--OtherLiabilitiesCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ShenzhenMember_zifU31LHtkY6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Amounts due to Columbus Digital Technology (Shenzhen) Co., Ltd.(2)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">79,759</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--OtherLiabilitiesCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_zU6B0XcJu7M1" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">109,013</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">73,159</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--OtherLiabilitiesCurrent_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_znuuTpXxtvvk" style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="display: none; padding-bottom: 2.5pt">Amount due to related party</td><td style="display: none; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; display: none; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; display: none; text-align: right">109,013</td><td style="display: none; padding-bottom: 2.5pt; text-align: left"> </td><td style="display: none; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; display: none; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; display: none; text-align: right">73,159</td><td style="display: none; padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; width: 0.25in">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The amounts result from the arrangements with related parties for temporary advances for operating purpose. These transactions are unsecured, interest free without fixed maturity date and being due on demand.</td></tr> <tr style="vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top">(2)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The amount due to Columbus Digital Technology (Shenzhen) Co., Ltd. represents accrued rental payables arising from an operating lease arrangement for office premises. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIHJlbGF0ZWQgcGFydHkgYmFsYW5jZSB3aXRoIHRoZSByZWxhdGVkIHBhcnR5IChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_903_eus-gaap--LesseeOperatingLeaseDescription_c20250401__20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ShenzhenMember_zMSM8Ka7sc79" title="Operating lease description">The lease term covered the period from April 1, 2024 to March 31, 2026. As of March 31, 2026 , the outstanding balance of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIHJlbGF0ZWQgcGFydHkgYmFsYW5jZSB3aXRoIHRoZSByZWxhdGVkIHBhcnR5IChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90E_ecustom--UnpaidRent_iI_c20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ShenzhenMember_zSjYtS80sR72" title="Unpaid rent">79,759 comprises unpaid rent for the lease period.</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none; font-weight: bold">Promissory note to related parties</td><td style="display: none; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20260331_zvM6xj7aUUhg" style="display: none; text-align: center"> </td><td style="display: none; padding-bottom: 1pt"> </td><td style="display: none; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20250331_zXQeNEGA0Cwf" style="display: none; text-align: center"> </td><td style="display: none; padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">Promissory note to related parties</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_401_ecustom--PromissoryNoteToRelatedParties_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--XuejunJiMember_zRamlhibLzd" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left">Amounts due to Xuejun Ji</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">400,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">400,000</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_408_ecustom--PromissoryNoteToRelatedParties_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--BinFuMember_zRiJqNvzt187" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Amounts due to Bin Fu</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">200,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">200,000</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_ecustom--PromissoryNoteToRelatedParties_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--PengWangMember_zwiWD9fTzbZg" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Amounts due to Peng Wang</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">400,000</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40F_ecustom--PromissoryNoteToRelatedParties_iI_zCKMyvWXWXR9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">1,000,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">600,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr id="xdx_407_ecustom--PromissoryNoteToRelatedParties_iI_zDBkvtQuhvt3" style="display: none; vertical-align: bottom; background-color: White"> <td style="display: none; padding-bottom: 2.5pt">Promissory note to related parties</td><td style="display: none; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; display: none; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; display: none; text-align: right">1,000,000</td><td style="display: none; padding-bottom: 2.5pt; text-align: left"> </td><td style="display: none; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; display: none; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; display: none; text-align: right">600,000</td><td style="display: none; padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> Amounts owed to Xuejun Ji, Bin Fu and Peng Wang arise from promissory notes issued by the Company, which bear interest at <span id="xdx_90B_eus-gaap--DebtInstrumentInterestRateDuringPeriod_pid_dp_c20250401__20260331__us-gaap--DebtInstrumentAxis__custom--PromissoryNotesMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--XuejunJiMember_zPLysJCuAlJe" title="Interest rate"><span id="xdx_900_eus-gaap--DebtInstrumentInterestRateDuringPeriod_pid_dp_c20250401__20260331__us-gaap--DebtInstrumentAxis__custom--PromissoryNotesMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--BinFuMember_zxfGtNi3O822" title="Interest rate"><span id="xdx_90C_eus-gaap--DebtInstrumentInterestRateDuringPeriod_pid_dp_c20250401__20260331__us-gaap--DebtInstrumentAxis__custom--PromissoryNotesMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--PengWangMember_zDhd5mYdGaE9" title="Interest rate">6% per annum. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none; font-weight: bold; text-align: left; padding-bottom: 1pt">Amounts due from a related party</td><td style="display: none; padding-bottom: 1pt"> </td> <td style="display: none; text-align: left"> </td><td id="xdx_492_20260331_zWfHGIxf9qwg" style="display: none; text-align: right"> </td><td style="display: none; padding-bottom: 1pt; text-align: left"> </td><td style="display: none; padding-bottom: 1pt"> </td> <td style="display: none; text-align: left"> </td><td id="xdx_497_20250331_zxGZv9ZGVhmk" style="display: none; text-align: right"> </td><td style="display: none; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt">Amounts due from a related party</td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--OtherReceivables_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--WuxiKingwayMember_z9IpcZSw0nKb" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left">Amounts due from Wuxi Kingway(1)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">660,539</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--OtherReceivables_iI_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--WuxiKingwayMember_zRhZTzlKUrq3" style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="display: none; text-align: left">Amounts due from a related party</td><td style="display: none"> </td> <td style="display: none; text-align: left">$</td><td style="display: none; text-align: right">—</td><td style="display: none; text-align: left"> </td><td style="display: none"> </td> <td style="display: none; text-align: left">$</td><td style="display: none; text-align: right">660,539</td><td style="display: none; text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; width: 0.25in">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">As of March 31, 2026, the Group recorded a provision for expected credit losses on receivables due from Wuxi Kingway, which is collateralized by the pledge of shares owned by Mr. Gao, amounting to $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIHJlbGF0ZWQgcGFydHkgYmFsYW5jZSB3aXRoIHRoZSByZWxhdGVkIHBhcnR5IChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_903_eus-gaap--OtherReceivables_iI_c20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--MrGaoMember_zk509AR6NuE4" title="Amounts due from a related party">660,539, of which $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIHJlbGF0ZWQgcGFydHkgYmFsYW5jZSB3aXRoIHRoZSByZWxhdGVkIHBhcnR5IChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90B_eus-gaap--OtherReceivablesNetCurrent_iI_c20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--MrGaoMember_zvarMMRQmvv" title="Amounts due from a related party, current">93,686 included in current portion and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIHJlbGF0ZWQgcGFydHkgYmFsYW5jZSB3aXRoIHRoZSByZWxhdGVkIHBhcnR5IChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_907_eus-gaap--OtherReceivableAfterAllowanceForCreditLossNoncurrent_iI_c20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--MrGaoMember_zZbhKBpnBJL8" title="Amounts due from a related party, Non-current">566,853 included in non-current portion. Management concluded that such outstanding balances are not recoverable due to the prolonged business downturn and liquidity constraints experienced by Wuxi Kingway.</td></tr> </table>

29254

23007

11145

39007

79759

109013

73159

109013

73159

The lease term covered the period from April 1, 2024 to March 31, 2026.

79759 400000 400000 200000 200000 400000 1000000 600000 1000000 600000

0.06

660539

93686

566853

Schedule of related party transactions with related party <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49F_20250401__20260331_zrJFrw9UPxdg" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49B_20240401__20250331_zYid0XXDz6Gc" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49D_20230401__20240331_zJ95RkWhEg81" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2024</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the years ended March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_402_ecustom--AdvanceFromRelatedParty_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--XiaofengGaoMember_zTbReMvt8CFc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 46%; text-align: left">Advance from Xiaofeng Gao</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">12,478</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">20,908</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40E_ecustom--BondReceivedFromRelatedParty_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--XuejunJiMember_ziUWgMNeneFi" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Bond received from Xuejun Ji</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">400,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_ecustom--BondReceivedFromRelatedParty_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--BinFuMember_zeLVOnMM37Yh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Bond received from Bin Fu</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">200,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_ecustom--BondReceivedFromRelatedParty_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--PengWangMember_zgrvcHMDnxXl" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Bond received from Peng Wang</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">400,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_ecustom--BondReceivedFromRelatedParty_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--PengWangMember_zrw5ufzwaCug" style="display: none; vertical-align: bottom; background-color: White"> <td style="display: none; text-align: justify">Bond received from related parties</td><td style="display: none"> </td> <td style="display: none; text-align: left"> </td><td style="display: none; text-align: right">400,000</td><td style="display: none; text-align: left"> </td><td style="display: none"> </td> <td style="display: none; text-align: left"> </td><td style="display: none; text-align: right">—</td><td style="display: none; text-align: left"> </td><td style="display: none"> </td> <td style="display: none; text-align: left"> </td><td style="display: none; text-align: right">—</td><td style="display: none; text-align: left"> </td></tr> <tr id="xdx_405_ecustom--SalesToRelatedParty_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--MedicalStarMember_zgAIzrrUTDTg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Sales to Medical Star</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">17,235</td><td style="text-align: left"> </td></tr> </table>

12478 20908 400000 200000 400000 400000 17235

12167

22684

14631

26430

102079

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">21.</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Commitments and Contingencies</td></tr> </table> The Group’s lease consisted of operating leases for administrative office spaces in Shenzhen and Beijing in the PRC. As of March 31, 2026, the Group had no obligation under long-term financing lease requiring minimum rental. As of March 31, 2026, the Group’s existing lease contract for its office at Shenzhen Wan expired, and the Group executed a new lease agreement with a lease term from April 1, 2026 to March 31, 2028 with payment schedule as below: <p id="xdx_89B_ecustom--ScheduleOfFutureMinimumPaymentsNonCancellableForOperatingLeasesTableTextBlock_zmPA0JTjNYSk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"> Schedule of future minimum lease payments for operating leases <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49B_20260331_zk4KlPclV3R6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Total scheduled payment</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40A_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_iI_maLOLLPz6I7_zI0aeiUGjZla" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 80%; text-align: left">2026</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">93,401</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_iI_maLOLLPz6I7_zrufQtWL1s0k" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">2027</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">124,535</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearThree_iI_maLOLLPz6I7_zo1z8cQxJM8j" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">2028</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">31,134</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDue_iTI_mtLOLLPz6I7_zXSFDQRo5qNf" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">249,070</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> </table> Total operating lease expenses for the year ended March 31, 2026 was $112,632 and was recorded in general and administrative expense on the consolidated statements of operations.

<p id="xdx_89B_ecustom--ScheduleOfFutureMinimumPaymentsNonCancellableForOperatingLeasesTableTextBlock_zmPA0JTjNYSk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"> Schedule of future minimum lease payments for operating leases <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49B_20260331_zk4KlPclV3R6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Total scheduled payment</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40A_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_iI_maLOLLPz6I7_zI0aeiUGjZla" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 80%; text-align: left">2026</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">93,401</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_iI_maLOLLPz6I7_zrufQtWL1s0k" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">2027</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">124,535</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearThree_iI_maLOLLPz6I7_zo1z8cQxJM8j" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">2028</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">31,134</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDue_iTI_mtLOLLPz6I7_zXSFDQRo5qNf" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">249,070</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> </table>

93401

124535

31134

249070

112632

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">22.</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Restricted net assets</td></tr> </table> PRC laws and regulations permit payments of dividends by the Company’s subsidiaries incorporated in the PRC only out of their retained earnings, if any, as determined in accordance with PRC accounting standards and regulations. In addition, the Company’s subsidiaries incorporated in the PRC are required to annually appropriate 10% of their net income to the statutory reserve prior to payment of any dividends, unless the reserve has reached 50% of their respective registered capital. Furthermore, registered share capital and capital reserve accounts are also restricted from distribution. As a result of the restrictions described above and elsewhere under PRC laws and regulations, the Company’s subsidiaries incorporated in the PRC are restricted in their ability to transfer a portion of their net assets to the Company in the form of dividends. The restriction amounted to $5,016,707 as of March 31, 2026. Except for the above or disclosed elsewhere, there is no other restriction on the use of proceeds generated by the Company’s subsidiaries to satisfy any obligations of the Company.

5016707

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">23.</td> <td style="font: 10pt Times New Roman, Times, Serif">Net Loss Per Share</td></tr> </table> The following table sets forth the computation of basic and diluted net loss per share for the following periods: Schedule of net loss per share <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49C_20250401__20260331_zxGNWQFnwkxd" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_490_20240401__20250331_zcbVkPgMrNMh" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20230401__20240331_zblra9fg9yY7" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2024</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the years ended March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">Numerator:</td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr id="xdx_408_eus-gaap--IncomeLossFromContinuingOperations_z20aKcMSmzPf" style="vertical-align: bottom; background-color: White"> <td style="width: 46%; text-align: left">Net loss from continuing operations</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">(8,499,053</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">(2,979,037</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">(5,185,032</td><td style="width: 1%; text-align: left">)</td></tr> <tr id="xdx_400_eus-gaap--IncomeLossFromDiscontinuedOperationsNetOfTax_zR1mET67JBXb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Net (loss)/profit from discontinued operations</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(4,602,415</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">462,886</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">Denominator:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Weighted average shares outstanding – basic and diluted</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">16,769,492</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">15,876,848</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">15,444,947</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Net loss per share – basic and diluted</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">From continuing operations</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(0.51</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(0.19</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(0.34</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">From discontinued operations</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">(0.29</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">0.03</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Total</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">(0.51</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">(0.48</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">(0.31</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> </table>

The following table sets forth the computation of basic and diluted net loss per share for the following periods: Schedule of net loss per share <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49C_20250401__20260331_zxGNWQFnwkxd" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_490_20240401__20250331_zcbVkPgMrNMh" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20230401__20240331_zblra9fg9yY7" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2024</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the years ended March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">Numerator:</td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr id="xdx_408_eus-gaap--IncomeLossFromContinuingOperations_z20aKcMSmzPf" style="vertical-align: bottom; background-color: White"> <td style="width: 46%; text-align: left">Net loss from continuing operations</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">(8,499,053</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">(2,979,037</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">(5,185,032</td><td style="width: 1%; text-align: left">)</td></tr> <tr id="xdx_400_eus-gaap--IncomeLossFromDiscontinuedOperationsNetOfTax_zR1mET67JBXb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Net (loss)/profit from discontinued operations</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(4,602,415</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">462,886</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">Denominator:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Weighted average shares outstanding – basic and diluted</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">16,769,492</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">15,876,848</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">15,444,947</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Net loss per share – basic and diluted</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">From continuing operations</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(0.51</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(0.19</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(0.34</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">From discontinued operations</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">(0.29</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">0.03</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Total</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">(0.51</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">(0.48</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">(0.31</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> </table>

-8499053

-2979037

-5185032

-4602415

462886

16769492

15876848

15444947

-0.51

-0.19

-0.34

-0.29

0.03

-0.51

-0.48

-0.31

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">24.</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Subsequent events</td></tr> </table> On June 25, 2026, the Company entered into the Second Amendment Agreement with the aforesaid purchasers to further extend the maturity date of such promissory notes for six more months from March 31, 2026 to September 30, 2026. The entire outstanding principal amount of the promissory note, together with any accrued and unpaid interest thereon, shall be due and payable in full on September 30, 2026. All other terms shall remain consistent with the original contract. The modification defers immediate cash outflows and improves short-term liquidity. The obligations remain classified as current liabilities, and interest will continue to accrue under original terms with no extinguishment gain or loss recognized. In July 2026, the first tranche of <span id="xdx_908_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20260701__20260731__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesBPreferredStockMember_z7uvJJgDbJyf" title="Number of shares issued, shares">666,667 Series B Preference Shares was issued to a shareholder for a total cash consideration of USD <span id="xdx_909_eus-gaap--StockIssuedDuringPeriodValueNewIssues_c20260701__20260731__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesBPreferredStockMember_zUlp254bXDlb" title="Number of shares issued, value">500,000. These shares were issued from the <span id="xdx_903_eus-gaap--PreferredStockSharesAuthorized_iI_c20260731__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesBPreferredStockMember_zom01o5Jpdwd" title="Preferred shares, shares authorized">4,000,000 Series B Preference Shares authorized out of the total 5,000,000 authorized preference shares. The issuance will increase total shareholders’ equity (share capital and additional paid-in capital) upon completion in July 2026. In early August 2026, the Company entered into a binding equity transfer agreement with an independent third party, to dispose of its Hong Kong entity together with the Hong Kong entity’s subsidiaries for an aggregate consideration of US$<span id="xdx_900_eus-gaap--RelatedPartyTransactionAmountsOfTransaction_pn5n6_uUSD_c20260801__20260801__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zufVHoxeXKo9" title="Aggregate consideration amount">4.5 million. The first installment of USD 0.9 million, representing 20% of the total consideration, has been paid in early August 2026, with the remaining balance payable in installments per the contractual payment schedule within one year. Since the Company’s <span id="xdx_90C_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_pid_dp_uPure_c20260331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--FujianPingtanOceanFisheryGroupCo.LtdMember_zhOHMEfBkewd" title="Equity method investment, ownership percentage">3% equity interest in Fujian Fishery is mainly held through a subsidiary of the Hong Kong entity, the disposal provided observable evidence of the fair value of the Fujian Fishery investment and reflected conditions existing as of March 31, 2026. Excluding other working capital assets and liabilities of the entities whose fair values approximated their carrying amounts, approximately US$<span id="xdx_90A_eus-gaap--ImpairmentOfLongLivedAssetsToBeDisposedOf_pn5n6_uUSD_c20260801__20260801__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zCFw9b3awCJd" title="Disposed subsidiaries fair value">8.2 million (approximately RMB<span id="xdx_90A_eus-gaap--ImpairmentOfLongLivedAssetsToBeDisposedOf_pn5n6_uRMB_c20260801__20260801__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zZssyrqaF9oi" title="Disposed subsidiaries fair value">56.9 million) of the total implied valuation was attributable to the fair value of the Company’s <span id="xdx_90C_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_pid_dp_uPure_c20260801__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--FujianPingtanOceanFisheryGroupCo.LtdMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zzJixTi7rf2d" title="Equity method investment, ownership percentage">3% equity interest in Fujian Fishery. The Company recognized an impairment loss for the fiscal year ended March 31, 2026. The legal disposal and derecognition of subsidiaries, along with any resulting disposal gain or loss, will be recognized upon closing in fiscal year 2027. Total consideration received from the disposal will be presented as cash inflows from investing activities upon receipt. The Group has evaluated other subsequent events through the date of issuance of the consolidated financial statements, the Group did not identify any other subsequent events with material financial impact on the Group’s consolidated financial statements. SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

2026-03-31

2026-09-30

666667

500000

4000000

5000000

4500000

The first installment of USD 0.9 million, representing 20% of the total consideration, has been paid in early August 2026, with the remaining balance payable in installments per the contractual payment schedule within one year.

0.03

8200000

56900000

0.03

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">25.</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Condensed financial information of the Company</td></tr> </table> The following is the condensed financial information of the Company on a parent company only basis. Condensed balance sheets Summary of condensed balance sheet <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_490_20260331__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember_zJGef3aX23Ol" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_491_20250331__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember_zQtOSsIabd02" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40A_eus-gaap--AssetsAbstract_iB_zBUKdamJCU2b" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">ASSETS</td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td></tr> <tr id="xdx_408_eus-gaap--AssetsCurrentAbstract_i01B_zy0bJORH8Nag" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left">Current assets:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--CashAndCashEquivalentsAtCarryingValue_i02I_maAzw7A_zxXVz54V6m68" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Cash and cash equivalents</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">862</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">207,511</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--DeferredCostsCurrent_i02I_maAzw7A_zqlxKQyZMVJb" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Deferred expenses</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">52,500</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--OtherReceivablesNetCurrent_i02I_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SubsidiariesAndVIEMember_maAzw7A_zBZzF8FGKBce" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Amounts due from subsidiaries</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,719,219</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,701,752</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--OtherReceivablesNetCurrent_i02I_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_maAzw7A_z7idIyxO0d97" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Amounts due from related parties</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">93,686</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_i02I_maAzw7A_zRpXaEWFrHsh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Investment in subsidiaries</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,344,752</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">10,595,038</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--Assets_i01TI_mtAzw7A_zna89wSbRMk3" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">TOTAL ASSETS</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">8,064,833</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">14,650,487</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--LiabilitiesAbstract_iB_z0kqmFVIioWb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">LIABILITIES</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--LiabilitiesCurrentAbstract_i01B_zj3cYs6dfqT5" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left">Current liabilities:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--OtherLiabilitiesCurrent_i02I_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_maLzmD4_zK0vyJJgp5C5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Amounts due to related parties</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,107</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--InterestPayableCurrent_i02I_maLzOi7_z0ZevfbfC48l" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Interest payable</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">61,482</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--AccruedLiabilitiesAndOtherLiabilities_i02I_maLzmD4_zmmNYSjosoS6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Accrued expenses and liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">208,267</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">297,405</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_ecustom--PromissoryNoteToRelatedParties_i02I_maLzmD4_z2JveqaRqMya" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Promissory note to related parties</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,000,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">600,000</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--Liabilities_i01TI_pp0p0_maLASEzMCy_mtLzmD4_zXPExNShDVa5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">TOTAL LIABILITIES</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">1,269,749</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">904,512</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--StockholdersEquityAbstract_i01B_zlXd0AcIvdUh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left">SHAREHOLDERS’ EQUITY:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--CommonStockValue_i02I_pp0p0_maSEzbYN_z837ni4BN1gk" style="vertical-align: bottom; background-color: White"> <td>Ordinary shares, par value $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_908_eus-gaap--CommonStockParOrStatedValuePerShare_iI_c20260331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_z2BcY8Uqtu0g" title="Ordinary shares, par value"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_90D_eus-gaap--CommonStockParOrStatedValuePerShare_iI_c20250331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zLPjqcLvy3pj" title="Ordinary shares, par value">0.0002 per share, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_900_eus-gaap--CommonStockSharesAuthorized_iI_c20260331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zn9pGXs14kSa" title="Ordinary shares, shares authorized"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_900_eus-gaap--CommonStockSharesAuthorized_iI_c20250331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zoToVw2GU5dh" title="Ordinary shares, shares authorized">500,000,000 shares authorized; <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_906_eus-gaap--CommonStockSharesIssued_iI_c20260331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zIbOhP9Ob6fj" title="Ordinary shares, shares issued"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_90D_eus-gaap--CommonStockSharesOutstanding_iI_c20260331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zQReQynVJl12" title="Ordinary shares, shares outstanding">16,199,451 and <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_908_eus-gaap--CommonStockSharesIssued_iI_c20250331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zI6aIRmERgnd" title="Ordinary shares, shares issued"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_905_eus-gaap--CommonStockSharesOutstanding_iI_c20250331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zBrMyKs1ieJk" title="Ordinary shares, shares outstanding">15,929,451 shares issued and outstanding as of March 31, 2026 and March 31, 2025, respectively</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,240</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,186</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--PreferredStockValue_i02I_pp0p0_maSEzbYN_zV1SQ9P8g4qb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Preference shares, par value $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_90F_eus-gaap--PreferredStockParOrStatedValuePerShare_iI_c20260331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zrpI9hy4bLud" title="Preferred shares, par value"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_90F_eus-gaap--PreferredStockParOrStatedValuePerShare_iI_c20250331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_z4bF3n88Arwj" title="Preferred shares, par value">0.0002 per share, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_90E_eus-gaap--PreferredStockSharesAuthorized_iI_c20260331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_z0wPFya9xp19" title="Preferred shares, shares authorized"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_90D_eus-gaap--PreferredStockSharesAuthorized_iI_c20250331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zkhUhCi0csM5" title="Preferred shares, shares authorized">5,000,000 shares authorized; <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_902_eus-gaap--PreferredStockSharesIssued_iI_c20260331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zyaMBwQUEy0j" title="Preferred shares, shares issued"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_90E_eus-gaap--PreferredStockSharesOutstanding_iI_c20260331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zfBA2H8oqEU1" title="Preferred shares, shares outstanding">1,000,000 and <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_909_eus-gaap--PreferredStockSharesIssued_iI_c20250331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zH9xO8RlXpk8" title="Preferred shares, shares issued"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_90D_eus-gaap--PreferredStockSharesOutstanding_iI_c20250331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zKMaEaR9Wjmi" title="Preferred shares, shares outstanding">0 shares issued and outstanding as of March 31, 2026 and March 31, 2025, respectively</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">200</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--AdditionalPaidInCapital_i02I_pp0p0_maSEzbYN_zXDsU6CRaE3k" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Additional paid-in capital</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">19,072,173</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">17,872,227</td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_i02I_pp0p0_maSEzbYN_zFgqxxrpDlCg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Statutory reserve</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">40,590</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--RetainedEarningsAccumulatedDeficit_i02I_pp0p0_maSEzbYN_zzIVOUrW1fk9" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Accumulated deficit</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(12,690,751</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(4,232,288</td><td style="text-align: left">)</td></tr> <tr id="xdx_409_eus-gaap--AccumulatedOtherComprehensiveIncomeLossNetOfTax_i02I_pp0p0_maSEzbYN_zBPgNpyv7Rx6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Accumulated other comprehensive income</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">410,222</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">62,260</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--StockholdersEquity_i02TI_pp0p0_mtSEzbYN_maLASEzMCy_zQXsMuxcxLt6" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left">TOTAL SHAREHOLDERS’ EQUITY</td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td style="font-weight: bold; text-align: right">6,795,084</td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td style="font-weight: bold; text-align: right">13,745,975</td><td style="font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--LiabilitiesAndStockholdersEquity_i01TI_pp0p0_mtLASEzMCy_zTF7KPRuQyYb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">8,064,833</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">14,650,487</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> </table> Condensed statements of loss Summary of condensed statements of income <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_499_20250401__20260331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zkhGCMtwHfV6" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49D_20240401__20250331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zbpnkp9otqe6" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_496_20230401__20240331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zPSoE2nXm8th" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2024</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the years ended March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_402_eus-gaap--RevenueFromContractWithCustomerIncludingAssessedTax_maGPzJ9J_zlqTFva4FLsh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">Revenue</td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td style="font-weight: bold; text-align: right">—</td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td style="font-weight: bold; text-align: right">—</td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td style="font-weight: bold; text-align: right">—</td><td style="font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--CostOfRevenue_msGPzJ9J_zesLgQjOAFr1" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; padding-bottom: 1pt">Cost of revenue</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">—</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">—</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">—</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--GrossProfit_iT_mtGPzJ9J_zhYYvxpRFNYc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt">Gross profit</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">—</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">—</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">—</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--OperatingExpensesAbstract_iB_zFfKiDZp7AB9" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left">Operating expenses:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold; text-align: right"> </td><td style="font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--GeneralAndAdministrativeExpense_i01N_di_msILFCOzQzn_zGMRPhxpMSv8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 46%; text-align: left">General and administrative expenses</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">(1,898,577</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">(1,413,467</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">(825,582</td><td style="width: 1%; text-align: left">)</td></tr> <tr id="xdx_40D_eus-gaap--IncomeLossFromEquityMethodInvestments_i01_maILFCOzQzn_zM7ckQspKji6" style="vertical-align: bottom; background-color: White"> <td>Share of loss in subsidiaries</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(6,548,341</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(6,155,143</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(4,629,554</td><td style="text-align: left">)</td></tr> <tr id="xdx_40C_eus-gaap--OtherNonoperatingIncomeExpense_i01_maILFCOzQzn_zjzBEDVl7bWe" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Others, net</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(52,135</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(12,842</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">732,990</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_iT_maNILzr9I_mtILFCOzQzn_zM7Cy54Mx5eb" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left">Loss before income tax provision</td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold; text-align: right">(8,499,053</td><td style="font-weight: bold; text-align: left">)</td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold; text-align: right">(7,581,452</td><td style="font-weight: bold; text-align: left">)</td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold; text-align: right">(4,722,146</td><td style="font-weight: bold; text-align: left">)</td></tr> <tr id="xdx_408_eus-gaap--IncomeTaxExpenseBenefit_msNILzr9I_zzqyyzdO28ve" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Provision for income tax</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">—</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--NetIncomeLoss_iT_mtNILzr9I_zCnwM3QNbSb7" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Net loss</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(8,499,053</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left">)</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(7,581,452</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left">)</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(4,722,146</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left">)</td></tr> </table> SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Condensed statements of comprehensive loss Summary of Condensed Statements of Comprehensive Income <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20250401__20260331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zmqkAzstn1nj" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49D_20240401__20250331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zpxdIxiq8dMg" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20230401__20240331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zPClFr2v54c8" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2024</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the years ended March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_409_eus-gaap--NetIncomeLoss_maCINOTzRhF_zLb72icK0vh7" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 46%; text-align: left">Net loss</td><td style="width: 2%; font-weight: bold"> </td> <td style="width: 1%; font-weight: bold; text-align: left">$</td><td style="width: 14%; font-weight: bold; text-align: right">(8,499,053</td><td style="width: 1%; font-weight: bold; text-align: left">)</td><td style="width: 2%; font-weight: bold"> </td> <td style="width: 1%; font-weight: bold; text-align: left">$</td><td style="width: 14%; font-weight: bold; text-align: right">(7,581,452</td><td style="width: 1%; font-weight: bold; text-align: left">)</td><td style="width: 2%; font-weight: bold"> </td> <td style="width: 1%; font-weight: bold; text-align: left">$</td><td style="width: 14%; font-weight: bold; text-align: right">(4,722,146</td><td style="width: 1%; font-weight: bold; text-align: left">)</td></tr> <tr id="xdx_405_eus-gaap--OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_maCINOTzRhF_zk12Y0cgMgLg" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Other comprehensive income/(loss)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">347,962</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">107,698</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(733,539</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40A_eus-gaap--ComprehensiveIncomeNetOfTax_iT_mtCINOTzRhF_zlB11u8JfXTg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Total comprehensive loss</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(8,151,091</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(7,473,754</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(5,455,685</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> </table> Condensed cash flow Summary of Condensed Cash Flow <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none; text-align: justify"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_493_20250401__20260331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_ztdZsSUlCna5" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20240401__20250331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zOodwHNbnySh" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_494_20230401__20240331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zFNMXO8MngC1" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2024</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the years ended March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40E_eus-gaap--NetCashProvidedByUsedInOperatingActivities_maCCERCzKO1_zjdZkJjIU4Oj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 46%; text-align: justify">Net cash used in operating activities</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">(606,950</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">(624,183</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">(966,510</td><td style="width: 1%; text-align: left">)</td></tr> <tr id="xdx_40C_eus-gaap--NetCashProvidedByUsedInInvestingActivities_maCCERCzKO1_zw8VJbUBQIy6" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Net cash used in investing activities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--NetCashProvidedByUsedInFinancingActivities_maCCERCzKO1_zqqa5asV3Acc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Net cash provided by financing activities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">400,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">600,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_iT_mtCCERCzKO1_zHDikhrSVXKl" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Net cash outflow</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(206,950</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(24,183</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(966,510</td><td style="text-align: left">)</td></tr> </table> Basis of presentation Condensed financial information is used for the presentation of the Company, or the parent company. The condensed financial information of the parent company has been prepared using the same accounting policies as set out in the Company’s consolidated financial statements. The parent company only condensed financial information is not the general-purpose financial statements of the reporting entity and should be read in conjunction with the consolidated financial statements of the Company.

The following is the condensed financial information of the Company on a parent company only basis. Condensed balance sheets Summary of condensed balance sheet <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_490_20260331__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember_zJGef3aX23Ol" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_491_20250331__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember_zQtOSsIabd02" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40A_eus-gaap--AssetsAbstract_iB_zBUKdamJCU2b" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">ASSETS</td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td></tr> <tr id="xdx_408_eus-gaap--AssetsCurrentAbstract_i01B_zy0bJORH8Nag" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left">Current assets:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--CashAndCashEquivalentsAtCarryingValue_i02I_maAzw7A_zxXVz54V6m68" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Cash and cash equivalents</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">862</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">207,511</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--DeferredCostsCurrent_i02I_maAzw7A_zqlxKQyZMVJb" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Deferred expenses</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">52,500</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--OtherReceivablesNetCurrent_i02I_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SubsidiariesAndVIEMember_maAzw7A_zBZzF8FGKBce" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Amounts due from subsidiaries</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,719,219</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,701,752</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--OtherReceivablesNetCurrent_i02I_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_maAzw7A_z7idIyxO0d97" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Amounts due from related parties</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">93,686</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_i02I_maAzw7A_zRpXaEWFrHsh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Investment in subsidiaries</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,344,752</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">10,595,038</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--Assets_i01TI_mtAzw7A_zna89wSbRMk3" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">TOTAL ASSETS</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">8,064,833</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">14,650,487</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--LiabilitiesAbstract_iB_z0kqmFVIioWb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">LIABILITIES</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--LiabilitiesCurrentAbstract_i01B_zj3cYs6dfqT5" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left">Current liabilities:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--OtherLiabilitiesCurrent_i02I_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_maLzmD4_zK0vyJJgp5C5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Amounts due to related parties</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,107</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--InterestPayableCurrent_i02I_maLzOi7_z0ZevfbfC48l" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Interest payable</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">61,482</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--AccruedLiabilitiesAndOtherLiabilities_i02I_maLzmD4_zmmNYSjosoS6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Accrued expenses and liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">208,267</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">297,405</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_ecustom--PromissoryNoteToRelatedParties_i02I_maLzmD4_z2JveqaRqMya" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Promissory note to related parties</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,000,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">600,000</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--Liabilities_i01TI_pp0p0_maLASEzMCy_mtLzmD4_zXPExNShDVa5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">TOTAL LIABILITIES</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">1,269,749</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">904,512</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--StockholdersEquityAbstract_i01B_zlXd0AcIvdUh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left">SHAREHOLDERS’ EQUITY:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--CommonStockValue_i02I_pp0p0_maSEzbYN_z837ni4BN1gk" style="vertical-align: bottom; background-color: White"> <td>Ordinary shares, par value $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_908_eus-gaap--CommonStockParOrStatedValuePerShare_iI_c20260331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_z2BcY8Uqtu0g" title="Ordinary shares, par value"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_90D_eus-gaap--CommonStockParOrStatedValuePerShare_iI_c20250331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zLPjqcLvy3pj" title="Ordinary shares, par value">0.0002 per share, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_900_eus-gaap--CommonStockSharesAuthorized_iI_c20260331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zn9pGXs14kSa" title="Ordinary shares, shares authorized"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_900_eus-gaap--CommonStockSharesAuthorized_iI_c20250331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zoToVw2GU5dh" title="Ordinary shares, shares authorized">500,000,000 shares authorized; <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_906_eus-gaap--CommonStockSharesIssued_iI_c20260331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zIbOhP9Ob6fj" title="Ordinary shares, shares issued"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_90D_eus-gaap--CommonStockSharesOutstanding_iI_c20260331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zQReQynVJl12" title="Ordinary shares, shares outstanding">16,199,451 and <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_908_eus-gaap--CommonStockSharesIssued_iI_c20250331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zI6aIRmERgnd" title="Ordinary shares, shares issued"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_905_eus-gaap--CommonStockSharesOutstanding_iI_c20250331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zBrMyKs1ieJk" title="Ordinary shares, shares outstanding">15,929,451 shares issued and outstanding as of March 31, 2026 and March 31, 2025, respectively</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,240</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,186</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--PreferredStockValue_i02I_pp0p0_maSEzbYN_zV1SQ9P8g4qb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Preference shares, par value $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_90F_eus-gaap--PreferredStockParOrStatedValuePerShare_iI_c20260331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zrpI9hy4bLud" title="Preferred shares, par value"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_90F_eus-gaap--PreferredStockParOrStatedValuePerShare_iI_c20250331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_z4bF3n88Arwj" title="Preferred shares, par value">0.0002 per share, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_90E_eus-gaap--PreferredStockSharesAuthorized_iI_c20260331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_z0wPFya9xp19" title="Preferred shares, shares authorized"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_90D_eus-gaap--PreferredStockSharesAuthorized_iI_c20250331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zkhUhCi0csM5" title="Preferred shares, shares authorized">5,000,000 shares authorized; <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_902_eus-gaap--PreferredStockSharesIssued_iI_c20260331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zyaMBwQUEy0j" title="Preferred shares, shares issued"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_90E_eus-gaap--PreferredStockSharesOutstanding_iI_c20260331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zfBA2H8oqEU1" title="Preferred shares, shares outstanding">1,000,000 and <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_909_eus-gaap--PreferredStockSharesIssued_iI_c20250331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zH9xO8RlXpk8" title="Preferred shares, shares issued"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgY29uZGVuc2VkIGZpbmFuY2lhbCBpbmZvcm1hdGlvbiBvZiB0aGUgQ29tcGFueSBvbiBhIHBhcmVudCBjb21wYW55IG9ubHkgYmFzaXMgKFBhcmVudGhldGljYWwpIChEZXRhaWxzKQA_" id="xdx_90D_eus-gaap--PreferredStockSharesOutstanding_iI_c20250331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zKMaEaR9Wjmi" title="Preferred shares, shares outstanding">0 shares issued and outstanding as of March 31, 2026 and March 31, 2025, respectively</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">200</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--AdditionalPaidInCapital_i02I_pp0p0_maSEzbYN_zXDsU6CRaE3k" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Additional paid-in capital</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">19,072,173</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">17,872,227</td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_i02I_pp0p0_maSEzbYN_zFgqxxrpDlCg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Statutory reserve</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">40,590</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--RetainedEarningsAccumulatedDeficit_i02I_pp0p0_maSEzbYN_zzIVOUrW1fk9" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Accumulated deficit</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(12,690,751</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(4,232,288</td><td style="text-align: left">)</td></tr> <tr id="xdx_409_eus-gaap--AccumulatedOtherComprehensiveIncomeLossNetOfTax_i02I_pp0p0_maSEzbYN_zBPgNpyv7Rx6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Accumulated other comprehensive income</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">410,222</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">62,260</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--StockholdersEquity_i02TI_pp0p0_mtSEzbYN_maLASEzMCy_zQXsMuxcxLt6" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left">TOTAL SHAREHOLDERS’ EQUITY</td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td style="font-weight: bold; text-align: right">6,795,084</td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td style="font-weight: bold; text-align: right">13,745,975</td><td style="font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--LiabilitiesAndStockholdersEquity_i01TI_pp0p0_mtLASEzMCy_zTF7KPRuQyYb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">8,064,833</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">14,650,487</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> </table>

862

207511

52500

3719219

3701752

93686

4344752

10595038

8064833

14650487

7107

61482

208267

297405

1000000 600000

1269749

904512

0.0002

500000000

16199451

15929451

3240

3186

0.0002

5000000

1000000

200

19072173

17872227

40590

-12690751

-4232288

410222

62260

6795084

13745975

8064833

14650487

Condensed statements of loss Summary of condensed statements of income <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_499_20250401__20260331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zkhGCMtwHfV6" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49D_20240401__20250331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zbpnkp9otqe6" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_496_20230401__20240331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zPSoE2nXm8th" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2024</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the years ended March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_402_eus-gaap--RevenueFromContractWithCustomerIncludingAssessedTax_maGPzJ9J_zlqTFva4FLsh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">Revenue</td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td style="font-weight: bold; text-align: right">—</td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td style="font-weight: bold; text-align: right">—</td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td style="font-weight: bold; text-align: right">—</td><td style="font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--CostOfRevenue_msGPzJ9J_zesLgQjOAFr1" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; padding-bottom: 1pt">Cost of revenue</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">—</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">—</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">—</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--GrossProfit_iT_mtGPzJ9J_zhYYvxpRFNYc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt">Gross profit</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">—</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">—</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">—</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--OperatingExpensesAbstract_iB_zFfKiDZp7AB9" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left">Operating expenses:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold; text-align: right"> </td><td style="font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--GeneralAndAdministrativeExpense_i01N_di_msILFCOzQzn_zGMRPhxpMSv8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 46%; text-align: left">General and administrative expenses</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">(1,898,577</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">(1,413,467</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">(825,582</td><td style="width: 1%; text-align: left">)</td></tr> <tr id="xdx_40D_eus-gaap--IncomeLossFromEquityMethodInvestments_i01_maILFCOzQzn_zM7ckQspKji6" style="vertical-align: bottom; background-color: White"> <td>Share of loss in subsidiaries</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(6,548,341</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(6,155,143</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(4,629,554</td><td style="text-align: left">)</td></tr> <tr id="xdx_40C_eus-gaap--OtherNonoperatingIncomeExpense_i01_maILFCOzQzn_zjzBEDVl7bWe" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Others, net</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(52,135</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(12,842</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">732,990</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_iT_maNILzr9I_mtILFCOzQzn_zM7Cy54Mx5eb" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left">Loss before income tax provision</td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold; text-align: right">(8,499,053</td><td style="font-weight: bold; text-align: left">)</td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold; text-align: right">(7,581,452</td><td style="font-weight: bold; text-align: left">)</td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold; text-align: right">(4,722,146</td><td style="font-weight: bold; text-align: left">)</td></tr> <tr id="xdx_408_eus-gaap--IncomeTaxExpenseBenefit_msNILzr9I_zzqyyzdO28ve" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Provision for income tax</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">—</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--NetIncomeLoss_iT_mtNILzr9I_zCnwM3QNbSb7" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Net loss</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(8,499,053</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left">)</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(7,581,452</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left">)</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(4,722,146</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left">)</td></tr> </table>

1898577

1413467

825582

-6548341

-6155143

-4629554

-52135

-12842

732990

-8499053

-7581452

-4722146

-8499053

-7581452

-4722146

Condensed statements of comprehensive loss Summary of Condensed Statements of Comprehensive Income <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20250401__20260331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zmqkAzstn1nj" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49D_20240401__20250331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zpxdIxiq8dMg" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20230401__20240331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zPClFr2v54c8" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2024</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the years ended March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_409_eus-gaap--NetIncomeLoss_maCINOTzRhF_zLb72icK0vh7" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 46%; text-align: left">Net loss</td><td style="width: 2%; font-weight: bold"> </td> <td style="width: 1%; font-weight: bold; text-align: left">$</td><td style="width: 14%; font-weight: bold; text-align: right">(8,499,053</td><td style="width: 1%; font-weight: bold; text-align: left">)</td><td style="width: 2%; font-weight: bold"> </td> <td style="width: 1%; font-weight: bold; text-align: left">$</td><td style="width: 14%; font-weight: bold; text-align: right">(7,581,452</td><td style="width: 1%; font-weight: bold; text-align: left">)</td><td style="width: 2%; font-weight: bold"> </td> <td style="width: 1%; font-weight: bold; text-align: left">$</td><td style="width: 14%; font-weight: bold; text-align: right">(4,722,146</td><td style="width: 1%; font-weight: bold; text-align: left">)</td></tr> <tr id="xdx_405_eus-gaap--OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_maCINOTzRhF_zk12Y0cgMgLg" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Other comprehensive income/(loss)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">347,962</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">107,698</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(733,539</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40A_eus-gaap--ComprehensiveIncomeNetOfTax_iT_mtCINOTzRhF_zlB11u8JfXTg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Total comprehensive loss</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(8,151,091</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(7,473,754</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(5,455,685</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> </table>

-8499053

-7581452

-4722146

347962

107698

-733539

-8151091

-7473754

-5455685

Condensed cash flow Summary of Condensed Cash Flow <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td style="display: none; text-align: justify"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_493_20250401__20260331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_ztdZsSUlCna5" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2026</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20240401__20250331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zOodwHNbnySh" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2025</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td><td style="display: none; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_494_20230401__20240331__srt--ConsolidatedEntitiesAxis__srt--ParentCompanyMember__srt--ConsolidationItemsAxis__srt--ReportableLegalEntitiesMember_zFNMXO8MngC1" style="border-bottom: Black 1pt solid; display: none; font-weight: bold; text-align: center">2024</td><td style="display: none; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the years ended March 31,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40E_eus-gaap--NetCashProvidedByUsedInOperatingActivities_maCCERCzKO1_zjdZkJjIU4Oj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 46%; text-align: justify">Net cash used in operating activities</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">(606,950</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">(624,183</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">(966,510</td><td style="width: 1%; text-align: left">)</td></tr> <tr id="xdx_40C_eus-gaap--NetCashProvidedByUsedInInvestingActivities_maCCERCzKO1_zw8VJbUBQIy6" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Net cash used in investing activities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--NetCashProvidedByUsedInFinancingActivities_maCCERCzKO1_zqqa5asV3Acc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Net cash provided by financing activities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">400,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">600,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_iT_mtCCERCzKO1_zHDikhrSVXKl" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Net cash outflow</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(206,950</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(24,183</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(966,510</td><td style="text-align: left">)</td></tr> </table>

-606950

-624183

-966510

400000

600000

-206950

-24183

-966510

Pursuant to the renewal clauses in certain lease agreements, each extension requires separate negotiation. Consequently, these leases were classified as short-term leases (with lease terms of 12 months or less), and the recognized rental expenses include $8,635 and $83,041 attributable to such short-term leases for the years ended March 31, 2026 and 2025. On September 6, 2024, Mr. Xiaofeng Gao resigned as the chairman of the Board of Directors and Co-Chief Executive Officer of the Company and Mr. Bin Fu has become the sole Chief Executive Officer of the Company. Wuxi Kingway was a subsidiary of the Company before March 17, 2025 and deconsolidated from the Group upon the termination of the VIE Agreements on March 17, 2025. Since Wuxi Kingway is an entity controlled by Xiaofeng Gao, who is a major beneficiary owner of the Company, Wuxi Kingway becomes a related party to the Group thereafter. The amounts result from the arrangements with related parties for temporary advances for operating purpose. These transactions are unsecured, interest free without fixed maturity date and being due on demand. The amount due to Columbus Digital Technology (Shenzhen) Co., Ltd. represents accrued rental payables arising from an operating lease arrangement for office premises. The lease term covered the period from April 1, 2024 to March 31, 2026. As of March 31, 2026 , the outstanding balance of $79,759 comprises unpaid rent for the lease period. As of March 31, 2026, the Group recorded a provision for expected credit losses on receivables due from Wuxi Kingway, which is collateralized by the pledge of shares owned by Mr. Gao, amounting to $660,539, of which $93,686 included in current portion and $566,853 included in non-current portion. Management concluded that such outstanding balances are not recoverable due to the prolonged business downturn and liquidity constraints experienced by Wuxi Kingway.