| PREPAYMENTS AND OTHER ASSETS, NET |
Note 6 — PREPAYMENTS AND OTHER ASSETS, NET Prepayments and other assets, net consisted of the following: | | | March 31,
2026 | | | September 30,
2025 | | | | | | | | (Audited) | | | Prepaid rents | | $ | 14,014 | | | $ | 6,068 | | | Prepaid service fee (a) | | | 70,603 | | | | 76,165 | | | E-commerce business (b) | | | 4,176,707 | | | | 9,374,020 | | | Advance to employees (c) | | | 25,856 | | | | 53,463 | | | Security deposits | | | 87,478 | | | | 94,535 | | | Equity investment disposition consideration receivable | | | - | | | | 21,211 | | | Others (d) | | | 76,510 | | | | 22,427 | | | Prepayment and other assets, net | | $ | 4,451,168 | | | $ | 9,647,889 | | | Including: | | | | | | | | | | Prepayment and other current assets, net | | $ | 4,451,168 | | | $ | 9,647,889 | | | Prepayments and other non-current assets, net | | $ | - | | | $ | - | | | (a) | The prepaid service fee represents the prepayment for third-party services, that will be amortized within one year. | | (b) | Prepayment for e-commerce business primarily included prepayments for goods purchase and advertising. | | (c) | Advance to employees was provided to staff for travelling and business-related use and are expensed as incurred. | | (d) | Others primarily included funds deposited in payment platforms such as Alipay and WeChat. |
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