NOTE 12 — OTHER BORROWINGS Other borrowings consist of the following: | Provider | | Loan period | | Interest
rate | | | March 31,
2026 | | | March 31,
2025 | | | Yongxing Hu | | December 16, 2024 to
December 15, 2025 | | | 12.00 | % | | | — | | | | 55,121 | | | Dongfeng Auto Finance Co., Ltd. * | | May 21, 2025 to
May 21, 2030 | | | 4.72 | % | | | 10,169 | | | | — | | | Short-term other borrowing | | | | | | | | $ | 10,169 | | | $ | 55,121 | | | Yongxing Hu | | January 13, 2025 to
July 13, 2026 | | | 12.40 | % | | | — | | | | 137,804 | | | Dongfeng Auto Finance Co., Ltd. * | | May 21, 2025 to
May 21, 2030 | | | 4.72 | % | | | 34,517 | | | | — | | | Long-term other borrowing | | | | | | | | $ | 34,517 | | | $ | 137,804 | | | * | The loan was guaranteed by Ms. Huali Chen. The other borrowings were unsecured. |
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