On August 3, 2021, the Group entered into a loan agreement with a financial institution in Hong Kong to borrow HK$3,483,000, which bears annual interest at an effective annual interest rate of 2.75% and with due date on September 16, 2029. The interest rate increased from 2.75% to 3.125% as of November 30, 2024, and further declined to 3.000% at the end of May 31, 2026, mainly due to the lowered interest rates by the Federal Reserve. During the periods ended May 31, 2026 and 2025, the Company repaid HK$249,100(US$31,787) and HK$241,678 loan principals respectively. As of May 31, 2026 and November 30, 2025, the banking facilities of the Company were secured by personal guarantee from Ms. Wai Lau, the director, and shareholder of the Company and with the due date same as the loan agreement.

Interest related to the bank loans was HK$29,660 (US$3,784) and HK$35,870 for the periods ended May 31, 2026 and 2025, respectively.