v3.26.1
Prepayments, Other Receivables and Other Current Assets (Tables)
3 Months Ended
Jun. 30, 2026
Prepayments, Other Receivables and Other Current Assets [Abstract]  
Schedule of Prepayments, Other Receivables and Other Current Assets

As of June 30, 2026 and March 31, 2026, the prepayments, other receivables and other current assets were comprised of the following:

 

    June 30,     March 31,  
    2026     2026  
    (Unaudited)        
Prepaid expenses (i)   $ 732,363     $ 387,314  
Deposits (ii)     78,220       76,925  
Others     2,684       6,762  
Total prepayments, other receivables and other current assets   $ 813,267     $ 471,001  
(i) Prepaid expense

 

The balance of prepaid expense represented automobile liability insurance premium for automobiles for operating lease, consulting service for strategic and capital-market, and other miscellaneous expense such as office expense, etc. that will expire within one year.

 

(ii) Deposits

 

The balance of deposits mainly represented the security deposit made by the Company to various automobile leasing companies and Didi Chuxing Technology Co., Ltd., who runs an online ride-hailing platform. As of June 30, 2026 and March 31, 2026, no allowance for credit losses was recorded.