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-156576 13816 -71576 403951 180587 0 -28054 0 -87264 0 89980 0 2716 0 0 0 6314 <p id="xdx_801_eus-gaap--OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_zPRmCWba7fld" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>1.       <span id="xdx_82D_zKjI7U7WSLTf">DESCRIPTION OF BUSINESS AND ORGANIZATION</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">Zicix Corporation (the “Company”) was formed in the State of Nevada on February 29, 1979. The Company changed its name from Bederra Corporation to ZiCIX Corporation on January 24, 2011.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">Currently, the Company is principally engaged in the provision of trading of LED carriage boxes, air cargo pallets and components. ASN, with its headquarters in Dubai, is dedicated to delivering a powerful Global Storage Network Platform, enabling businesses to optimize their logistics processes through a single platform, offering a variety of services, including Air Cargo, International Warehouse and Storage Box. By leveraging its extensive network in Asia, Europe, and partners in the Middle East, it provides end-to-end solutions that empower its clients to achieve their global expansion objectives.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Description of subsidiaries incorporated and controlled by the Company:</p> <table cellpadding="0" cellspacing="0" id="xdx_89D_eus-gaap--EquityMethodInvestmentsTextBlock_zJem3K1U2yY3" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - DESCRIPTION OF BUSINESS AND ORGANIZATION (Details - Description of subsidiaries)"> <tr style="vertical-align: top"> <td><span id="xdx_8B3_zSKMRavUXKnd" style="display: none">Schedule of description of subsidiaries</span></td> <td style="text-align: justify"> </td> <td style="text-align: justify"> </td> <td> </td> <td style="text-align: justify"> </td> <td> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: Black 1pt solid; text-align: justify"><span style="font-size: 10pt"><b>Name</b></span></td> <td style="padding-bottom: 1pt; text-align: justify"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: justify"><span style="font-size: 10pt"><b>Background</b></span></td> <td style="padding-bottom: 1pt; text-align: justify"> </td> <td style="border-bottom: Black 1pt solid; text-align: justify"><span style="font-size: 10pt"><b>Ownership</b></span></td></tr> <tr style="vertical-align: top"> <td style="width: 30%"> </td> <td style="width: 1%; text-align: justify"> </td> <td style="width: 2%; text-align: justify"> </td> <td style="width: 49%"> </td> <td style="width: 1%; text-align: justify"> </td> <td style="width: 17%"> </td></tr> <tr style="background-color: rgb(238,238,238); vertical-align: top"> <td><span style="font-size: 10pt"><span id="xdx_90E_ecustom--NameOfSubsidiary_c20260401__20260630__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--AislingNetworkGroupLimitedMember_zeWZ5WkKGl8a" title="Name of subsidiary">Aisling Network Group Limited (“ANGL”)</span></span></td> <td style="text-align: justify"> </td> <td style="text-align: justify"><span style="font-family: Symbol">·</span></td> <td><span style="font-size: 10pt">British Virgin Islands (“BVI”) company</span></td> <td style="text-align: justify"> </td> <td><span style="font-size: 10pt"><span id="xdx_90A_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_dp_c20260630__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--AislingNetworkGroupLimitedMember_zGw3fWvZ1kMc" title="Ownership">100</span>% owned </span></td></tr> <tr style="background-color: rgb(238,238,238); vertical-align: top"> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: justify"> </td> <td style="text-align: justify"><span style="font-family: Symbol">·</span></td> <td><span style="font-size: 10pt">Incorporated on September 23, 2025</span></td> <td style="text-align: justify"> </td> <td><span style="font-size: 10pt">by the Company</span></td></tr> <tr style="background-color: rgb(238,238,238); vertical-align: top"> <td style="text-align: justify"> </td> <td style="text-align: justify"> </td> <td style="text-align: justify"><span style="font-family: Symbol">·</span></td> <td><span style="font-size: 10pt">Issued and outstanding 50,000 ordinary shares at US$1 par value</span></td> <td style="text-align: justify"> </td> <td> </td></tr> <tr style="background-color: rgb(238,238,238); vertical-align: top"> <td style="text-align: justify"> </td> <td style="text-align: justify"> </td> <td style="text-align: justify"><span style="font-family: Symbol">·</span></td> <td><span style="font-size: 10pt">Investment holding</span></td> <td style="text-align: justify"> </td> <td> </td></tr> <tr style="vertical-align: top"> <td style="text-align: justify"> </td> <td style="text-align: justify"> </td> <td style="text-align: justify"> </td> <td> </td> <td style="text-align: justify"> </td> <td> </td></tr> <tr style="background-color: rgb(238,238,238); vertical-align: top"> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_908_ecustom--NameOfSubsidiary_c20260401__20260630__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--ASNZoneOneLimitedMember_zcCcKGetvgo3" title="Name of subsidiary">ASN Zone One Limited (“ASN”)</span></span></td> <td style="text-align: justify"> </td> <td style="text-align: justify"><span style="font-family: Symbol">·</span></td> <td><span style="font-size: 10pt">Hong Kong company</span></td> <td style="text-align: justify"> </td> <td><span style="font-size: 10pt"><span id="xdx_90D_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_dp_c20260630__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--ASNZoneOneLimitedMember_z4mF4SjDuqm8" title="Ownership">100</span>% owned by the </span></td></tr> <tr style="background-color: rgb(238,238,238); vertical-align: top"> <td style="text-align: justify"> </td> <td style="text-align: justify"> </td> <td style="text-align: justify"><span style="font-family: Symbol">·</span></td> <td><span style="font-size: 10pt">Incorporated on August 11, 2014</span></td> <td style="text-align: justify"> </td> <td style="text-align: justify"><span style="font-size: 10pt">ANGL</span></td></tr> <tr style="background-color: rgb(238,238,238); vertical-align: top"> <td style="text-align: justify"> </td> <td style="text-align: justify"> </td> <td style="text-align: justify"><span style="font-family: Symbol">·</span></td> <td><span style="font-size: 10pt">Issued and outstanding 10,000 ordinary shares for HK$10,000</span></td> <td style="text-align: justify"> </td> <td style="text-align: justify"> </td></tr> <tr style="background-color: rgb(238,238,238); vertical-align: top"> <td style="text-align: justify"> </td> <td style="text-align: justify"> </td> <td style="text-align: justify"><span style="font-family: Symbol">·</span></td> <td><span style="font-size: 10pt">Provision of trading LED carriage boxes, air cargo pallets and components</span></td> <td style="text-align: justify"> </td> <td style="text-align: justify"> </td></tr> </table> <p id="xdx_8AF_z7cTrrHxl4ai" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company and its subsidiaries are hereinafter referred to as (the “Company”).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89D_eus-gaap--EquityMethodInvestmentsTextBlock_zJem3K1U2yY3" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - DESCRIPTION OF BUSINESS AND ORGANIZATION (Details - Description of subsidiaries)"> <tr style="vertical-align: top"> <td><span id="xdx_8B3_zSKMRavUXKnd" style="display: none">Schedule of description of subsidiaries</span></td> <td style="text-align: justify"> </td> <td style="text-align: justify"> </td> <td> </td> <td style="text-align: justify"> </td> <td> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: Black 1pt solid; text-align: justify"><span style="font-size: 10pt"><b>Name</b></span></td> <td style="padding-bottom: 1pt; text-align: justify"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: justify"><span style="font-size: 10pt"><b>Background</b></span></td> <td style="padding-bottom: 1pt; text-align: justify"> </td> <td style="border-bottom: Black 1pt solid; text-align: justify"><span style="font-size: 10pt"><b>Ownership</b></span></td></tr> <tr style="vertical-align: top"> <td style="width: 30%"> </td> <td style="width: 1%; text-align: justify"> </td> <td style="width: 2%; text-align: justify"> </td> <td style="width: 49%"> </td> <td style="width: 1%; text-align: justify"> </td> <td style="width: 17%"> </td></tr> <tr style="background-color: rgb(238,238,238); vertical-align: top"> <td><span style="font-size: 10pt"><span id="xdx_90E_ecustom--NameOfSubsidiary_c20260401__20260630__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--AislingNetworkGroupLimitedMember_zeWZ5WkKGl8a" title="Name of subsidiary">Aisling Network Group Limited (“ANGL”)</span></span></td> <td style="text-align: justify"> </td> <td style="text-align: justify"><span style="font-family: Symbol">·</span></td> <td><span style="font-size: 10pt">British Virgin Islands (“BVI”) company</span></td> <td style="text-align: justify"> </td> <td><span style="font-size: 10pt"><span id="xdx_90A_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_dp_c20260630__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--AislingNetworkGroupLimitedMember_zGw3fWvZ1kMc" title="Ownership">100</span>% owned </span></td></tr> <tr style="background-color: rgb(238,238,238); vertical-align: top"> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: justify"> </td> <td style="text-align: justify"><span style="font-family: Symbol">·</span></td> <td><span style="font-size: 10pt">Incorporated on September 23, 2025</span></td> <td style="text-align: justify"> </td> <td><span style="font-size: 10pt">by the Company</span></td></tr> <tr style="background-color: rgb(238,238,238); vertical-align: top"> <td style="text-align: justify"> </td> <td style="text-align: justify"> </td> <td style="text-align: justify"><span style="font-family: Symbol">·</span></td> <td><span style="font-size: 10pt">Issued and outstanding 50,000 ordinary shares at US$1 par value</span></td> <td style="text-align: justify"> </td> <td> </td></tr> <tr style="background-color: rgb(238,238,238); vertical-align: top"> <td style="text-align: justify"> </td> <td style="text-align: justify"> </td> <td style="text-align: justify"><span style="font-family: Symbol">·</span></td> <td><span style="font-size: 10pt">Investment holding</span></td> <td style="text-align: justify"> </td> <td> </td></tr> <tr style="vertical-align: top"> <td style="text-align: justify"> </td> <td style="text-align: justify"> </td> <td style="text-align: justify"> </td> <td> </td> <td style="text-align: justify"> </td> <td> </td></tr> <tr style="background-color: rgb(238,238,238); vertical-align: top"> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_908_ecustom--NameOfSubsidiary_c20260401__20260630__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--ASNZoneOneLimitedMember_zcCcKGetvgo3" title="Name of subsidiary">ASN Zone One Limited (“ASN”)</span></span></td> <td style="text-align: justify"> </td> <td style="text-align: justify"><span style="font-family: Symbol">·</span></td> <td><span style="font-size: 10pt">Hong Kong company</span></td> <td style="text-align: justify"> </td> <td><span style="font-size: 10pt"><span id="xdx_90D_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_dp_c20260630__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--ASNZoneOneLimitedMember_z4mF4SjDuqm8" title="Ownership">100</span>% owned by the </span></td></tr> <tr style="background-color: rgb(238,238,238); vertical-align: top"> <td style="text-align: justify"> </td> <td style="text-align: justify"> </td> <td style="text-align: justify"><span style="font-family: Symbol">·</span></td> <td><span style="font-size: 10pt">Incorporated on August 11, 2014</span></td> <td style="text-align: justify"> </td> <td style="text-align: justify"><span style="font-size: 10pt">ANGL</span></td></tr> <tr style="background-color: rgb(238,238,238); vertical-align: top"> <td style="text-align: justify"> </td> <td style="text-align: justify"> </td> <td style="text-align: justify"><span style="font-family: Symbol">·</span></td> <td><span style="font-size: 10pt">Issued and outstanding 10,000 ordinary shares for HK$10,000</span></td> <td style="text-align: justify"> </td> <td style="text-align: justify"> </td></tr> <tr style="background-color: rgb(238,238,238); vertical-align: top"> <td style="text-align: justify"> </td> <td style="text-align: justify"> </td> <td style="text-align: justify"><span style="font-family: Symbol">·</span></td> <td><span style="font-size: 10pt">Provision of trading LED carriage boxes, air cargo pallets and components</span></td> <td style="text-align: justify"> </td> <td style="text-align: justify"> </td></tr> </table> Aisling Network Group Limited (“ANGL”) 1 ASN Zone One Limited (“ASN”) 1 <p id="xdx_805_eus-gaap--SignificantAccountingPoliciesTextBlock_ztqi4FQBuBFe" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>2.       <span id="xdx_826_zroSz3Ot4FG7">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The accompanying condensed consolidated financial statements reflect the application of certain significant accounting policies as described in this note and elsewhere in the accompanying condensed consolidated financial statements and notes.</p> <p id="xdx_849_eus-gaap--BasisOfAccountingPolicyPolicyTextBlock_zhSci31bYs4b" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_86A_z47Nyge0Xzb3">Basis of Presentation</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="background-color: white">These <span style="background-color: white">accompanying condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and pursuant to the rules and regulations of the Securities Exchange Commission (“SEC”) for quarterly financial statements and Article 8 of Regulation S-X. They do not include all of the information and notes required by U.S. GAAP for complete financial statements. The condensed consolidated financial statements should be read in conjunction with the Company’s consolidated financial statements and notes thereto for the year ended March 31, 2026 included in the Company’s Form 10-K, as filed with the SEC on October 15, 2026. Certain information or footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for quarterly financial reporting. Accordingly, they do not include all the information and footnotes necessary for a complete presentation of financial position, results of operations, or cash flows. In the opinion of management, the accompanying condensed consolidated financial statements include all adjustments, consisting of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented.</span></span></p> <p id="xdx_84C_eus-gaap--UseOfEstimates_zzgp57AaBZcc" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_869_zNmZP3HLnER8">Use of Estimates and Assumptions</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the periods presented. Significant accounting estimates reflected in the Company’s condensed consolidated financial statements include the allowance for expected credit losses, the useful lives of plant and equipment, impairment of long-lived assets, revenue recognition, allowance for deferred tax assets, uncertain tax position, fair value of convertible debts and promissory note and income tax provision.</p> <p id="xdx_847_eus-gaap--ConsolidationPolicyTextBlock_zoe0vE0oNjTd" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_86E_zGluVoPkdrX3">Basis of Consolidation</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The condensed consolidated financial statements include the accounts of the Company and its subsidiaries. All significant inter-company balances and transactions within the Company have been eliminated upon consolidation.</p> <p id="xdx_841_eus-gaap--ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_ziSJt3qbdL8e" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_860_zVlOvP9Vt9s6">Foreign Currencies Translation</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are recorded in the condensed consolidated statements of operations and other comprehensive loss.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The reporting currency of the Company is United States Dollar (“US$”) and the accompanying condensed consolidated financial statements have been expressed in US$. In addition, the Company has operations in Hong Kong and maintains the books and record in the local currency, Hong Kong Dollars (“HKD”), which is a functional currency as being the primary currency of the economic environment in which their operations are conducted. In general, for consolidation purposes, assets and liabilities of its subsidiary whose functional currency is not US$ are translated into US$, in accordance with Accounting Standards Codification (“ASC”) 830-30, <i>Translation of Financial Statement</i>, using the exchange rate on the balance sheet date. Revenues and expenses are translated at average rates prevailing during the period. The gains and losses resulting from translation of financial statements of foreign subsidiaries are recorded as a separate component of accumulated other comprehensive income (loss) within the statements of changes in stockholder’s deficit.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Translation of amounts from HKD into US$ has been made at the following exchange rates for the three months ended June 30, 2026 and 2025:</p> <table cellpadding="0" cellspacing="0" id="xdx_887_eus-gaap--ScheduleOfIntercompanyForeignCurrencyBalancesTextBlock_zboJo70spyWh" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details - Translation rate)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8BC_zcIHp1dufh9e" style="display: none">Schedule of translation rate</span></td><td> </td> <td colspan="3" style="text-align: right"> </td><td> </td> <td colspan="3" style="text-align: right"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30, 2026</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30, 2025</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 66%; text-align: left">Period-end HKD:US$ exchange rate</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98E_eus-gaap--ForeignCurrencyExchangeRateTranslation1_iI_c20260630__srt--StatementGeographicalAxis__country--HK__us-gaap--IntercompanyForeignCurrencyBalanceByDescriptionAxis__custom--YearEndMember_zTzrGhW96Z35" style="width: 13%; text-align: right" title="Translation exchange rate">7.8343</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_986_eus-gaap--ForeignCurrencyExchangeRateTranslation1_iI_c20250630__srt--StatementGeographicalAxis__country--HK__us-gaap--IntercompanyForeignCurrencyBalanceByDescriptionAxis__custom--YearEndMember_zWQWngCo7Ovc" style="width: 13%; text-align: right" title="Translation exchange rate">7.8497</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Annualized average HKD:US$ exchange rate</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_988_eus-gaap--ForeignCurrencyExchangeRateTranslation1_iI_c20260630__srt--StatementGeographicalAxis__country--HK__us-gaap--IntercompanyForeignCurrencyBalanceByDescriptionAxis__custom--AnnualizedAverageMember_zJfiXo6PY4I5" style="border-bottom: Black 2.5pt double; text-align: right" title="Translation exchange rate">7.8422</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_eus-gaap--ForeignCurrencyExchangeRateTranslation1_iI_c20250630__srt--StatementGeographicalAxis__country--HK__us-gaap--IntercompanyForeignCurrencyBalanceByDescriptionAxis__custom--AnnualizedAverageMember_zYeStVWD90Hj" style="border-bottom: Black 2.5pt double; text-align: right" title="Translation exchange rate">7.8040</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_841_eus-gaap--SegmentReportingPolicyPolicyTextBlock_zJC1F8OcVYlj" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_866_zka0RcK7SJXa">Segment Reporting</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">ASC 280, <i>Segment Reporting</i> (“ASC 280”) establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal organizational structure as well as information about geographical areas, business segments and major customers in condensed consolidated financial statements for details on the Company’s business segments.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In accordance with Accounting Standards Update (“ASU”) No. 2023-07, <i>Segment Reporting (Topic 280), Improvements to Reportable Segment Disclosures</i>, the Company considered whether additional disclosures were required, including significant segment expenses and measures used by the chief operating decision maker (“CODM”), Mr. Edwin Kal Ip Li (a chief executive officer of the Company). However, the CODM evaluates the Company’s performance based solely on condensed consolidated financial results, and no additional measures or expense categories are used for internal decision-making. The CODM also reviews and utilizes function expenses (cost of revenues, and general and administrative) at the consolidated level to manage the Company's operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company uses the management approach to determine reportable operating segments. The management approach considers the internal organization and reporting used by the Company’s CODM, for making decisions, allocating resources and assessing performance, as the following reportable segments.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The operation of coupon redemption app business in United States of America (“U.S.”) was discontinued and closed down in March 2025, in which this segment did <span id="xdx_90E_eus-gaap--Revenues_do_c20260401__20260630__srt--ProductOrServiceAxis__custom--CouponRedemptionAppMember_zOXrGinBg9n3" title="Revenue"><span id="xdx_904_eus-gaap--Revenues_do_c20250401__20250630__srt--ProductOrServiceAxis__custom--CouponRedemptionAppMember_zXwdl7AcGKac" title="Revenue">no</span></span>t generate any revenue during the three months ended June 30, 2026 and 2025. Based on the management’s assessment, the Company determined that it has <span id="xdx_90D_eus-gaap--NumberOfReportableSegments_dxL_uInteger_c20260401__20260630_zGXIduiAilo8" title="Number of reportable segments::XDX::1"><span style="-sec-ix-hidden: xdx2ixbrl0540">one</span></span> reportable operating segment, as defined by ASC 280. For the three months ended June 30, 2026 and 2025, all of the Company’s revenues and assets are generated in Hong Kong. Therefore, no geographical segments are presented.</p> <p id="xdx_840_eus-gaap--RevenueRecognitionPolicyTextBlock_zHyIGY7ev6f6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_863_z5yAwz4NbXma">Revenue Recognition</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company adopted ASU No. 2014-09, <i>Revenue from Contracts with Customers </i>(Topic 606) (“ASU 2014-09”). Under ASU 2014-09, the Company recognizes revenue when control of the promised goods or services is transferred to customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company applies the following five steps in order to determine the appropriate amount of revenue to be recognized as it fulfills its obligations under each of its agreements:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 5%; text-align: center"><span style="font-family: Symbol">·</span></td> <td style="width: 95%; text-align: justify"><span style="font-size: 10pt">identify the contract(s) with a customer;</span></td></tr> <tr style="vertical-align: top"> <td style="text-align: center"><span style="font-family: Symbol">·</span></td> <td style="text-align: justify"><span style="font-size: 10pt">identify the performance obligations in the contract;</span></td></tr> <tr style="vertical-align: top"> <td style="text-align: center"><span style="font-family: Symbol">·</span></td> <td style="text-align: justify"><span style="font-size: 10pt">determine the transaction price – The transaction price is the amount of consideration in a contract to which an entity expects to be entitled in exchange for transferring promised goods or services to a customer;</span></td></tr> <tr style="vertical-align: top"> <td style="text-align: center"><span style="font-family: Symbol">·</span></td> <td style="text-align: justify"><span style="font-size: 10pt">allocate the transaction price to performance obligations in the contract – Any entity typically allocates the transaction price to each performance obligation on the basis of the relative standalone selling prices of each distinct good or service promised in the contract.; and</span></td></tr> <tr style="vertical-align: top"> <td style="text-align: center"><span style="font-family: Symbol">·</span></td> <td style="text-align: justify"><span style="font-size: 10pt">recognize revenue as the performance obligation is satisfied </span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Revenue is recognized when the Company satisfies its performance obligation under the contract by transferring the promised product to its customer that obtains control of the product and collection is reasonably assured. A performance obligation is a promise in a contract to transfer a distinct product or service to a customer. Most of the Company’s contracts have a single performance obligation, and such fees are billed to the customer when the performance obligation is satisfied. The Company recognizes such revenue in the period when the amounts are determined to be fixed and the performance obligation is satisfied as the Company completes the obligations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring products or providing services. As such, revenue is recorded net of returns, allowances, customer discounts, and incentives. Sales taxes and other taxes are excluded from revenues.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i><span style="text-decoration: underline">Trading of Goods</span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company generates most of its revenue from direct product sales. Revenue from direct trading sales is recognized when the customer obtains control of the product, which occurs at a point in time. Delivery occurs when the goods have been delivery to the specific location upon the agreed shipment terms Shipping term under Free On Board (“FOB”), the Company transferred the ownership of goods to customer and who is liable for goods damaged during shipping. The Company bills the invoices to customers together with the delivery and collects the receivables in a credit term of 30 days.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Generally, the Company enters into purchase orders with its customers which specify the rights of the parties, including product specifications, shipment terms and payment terms and sales prices to the customers are fixed with rebate and incentives to certain customers. The performance obligations in a given transaction are determined by the individual purchase orders with revenue recognized at the time that the performance obligations have been satisfied. Sales taxes and other similar taxes that the Company collects concurrently with revenue-producing activities are excluded from revenue. Variable considerations such as sales rebates, sales discounts, and sales returns are treated as a reduction of revenue in the same period the related revenue is recognized.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i><span style="text-decoration: underline"></span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i><span style="text-decoration: underline">Cloud Consulting Service</span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Revenues from cloud consulting services are recognized over time (typically, on a monthly basis) as service is provided over the service period.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i><span style="text-decoration: underline"></span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i><span style="text-decoration: underline">Principal vs Agent Considerations</span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In accordance with ASC 606, <i>Revenue Recognition: Principal Agent Considerations</i>, the Company evaluates the terms in the agreements with its channels and independent contractors to determine whether or not the Company acts as the principal or as an agent in the arrangement with each party respectively. The determination of whether to record the revenue on a gross or net basis depends upon whether the Company has control over the goods prior to transferring it. In general, the Company controls the products as it has the obligation to (i) fulfil the products delivery and (ii) bear any inventory risk as legal owners. In addition, when establishing the selling prices for delivery of the resale products, the Company has control to set its selling price to ensure it would generate profit for the products delivery arrangements. The Company believes that all these factors indicate that the Company is acting as a principal in this transaction. As a result, revenue from the sales of products is presented on a gross basis.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i> </i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i><span style="text-decoration: underline">Disaggregation of Revenue</span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following table summarizes revenue from contracts with customers, disaggregated by revenue source for the three months ended June 30, 2026 and 2025:</p> <table cellpadding="0" cellspacing="0" id="xdx_882_eus-gaap--DisaggregationOfRevenueTableTextBlock_zKiGVjzfW2f2" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details - Disaggregated by revenue)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8BC_zpCSKXb51KTa" style="display: none">Schedule of disaggregated by revenue</span></td><td> </td> <td> </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: center"> </td> <td style="font-weight: bold; text-align: center"> </td> <td style="font-weight: bold; text-align: center"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="7" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For three months ended June 30,</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Type of revenue sources</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold">Time of recognition</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td></tr> <tr style="vertical-align: bottom"> <td style="width: 32%"> </td><td style="width: 2%"> </td> <td style="width: 32%"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 13%; 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: 13%; text-align: right"> </td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Product sales</td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left; padding-bottom: 2.5pt">At a point in time</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--Revenues_d0_c20260401__20260630__us-gaap--TimingOfTransferOfGoodOrServiceAxis__us-gaap--TransferredAtPointInTimeMember__srt--ProductOrServiceAxis__custom--ProductSalesMember_zGIuvj69p4Vc" style="border-bottom: Black 2.5pt double; text-align: right" title="Revenue">–</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--Revenues_d0_c20250401__20250630__us-gaap--TimingOfTransferOfGoodOrServiceAxis__us-gaap--TransferredAtPointInTimeMember__srt--ProductOrServiceAxis__custom--ProductSalesMember_zxq0e2a68kcf" style="border-bottom: Black 2.5pt double; text-align: right" title="Revenue">300,869</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_848_eus-gaap--LesseeLeasesPolicyTextBlock_zBI2Y6c0OrJ3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_864_zTZRsnhqeFa6">Leases</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company adopts the ASU No. 2016-02, <i>Leases (Topic 842)</i> for all periods presented. This standard requires lessees to recognize lease assets (“right-of-use”) and related lease obligations (“lease liabilities”) on the condensed consolidated balance sheet for leases with terms in excess of twelve months. For lease terms of twelve months or fewer, a lessee is permitted to make an accounting policy election not to recognize lease assets and liabilities.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company determines if an arrangement is a lease at inception. Operating leases are included in operating lease right-of-use (“ROU”) assets and operating lease liabilities in the condensed consolidated balance sheets. Finance leases are included in finance lease ROU assets and finance lease liabilities in the condensed consolidated balance sheets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. Operating lease and finance lease ROU assets and liabilities are recognized, based on the present value of lease payments over the lease term discounted using the rate implicit in the lease. In cases where the implicit rate is not readily determinable, the Company uses its incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. The incremental borrowing rate is the rate that the Company would have to pay to borrow, on a collateralized basis, an amount equal to the lease payments, in a similar economic environment and over a similar term. The Company depreciated the ROU assets on a straight-line basis from the lease commencement date to the earlier of the end of the useful life of the ROU assets or the end of the lease term. Lease expense for lease payments is recognized on a straight-line basis over the lease term.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">All of the Company’s real estate leases are classified as operating leases and there was no lease with a duration of twelve months or less.</p> <p id="xdx_84F_eus-gaap--IncomeTaxPolicyTextBlock_z0ELzluyqVA9" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_865_z8OLpJFMNWB9">Income Taxes</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Income taxes are determined in accordance with the provisions of ASC 740, <i>Income Taxes</i> (“ASC 740”). Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted income tax rates expected to apply to taxable income in the periods in which those temporary differences are expected to be recovered or settled. Any effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">ASC 740 prescribes a comprehensive model for how companies should recognize, measure, present, and disclose in their financial statements uncertain tax positions taken or expected to be taken on a tax return. Under ASC 740, tax positions must initially be recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For the three months ended June 30, 2026 and 2025, the Company did <span id="xdx_906_eus-gaap--UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued_iI_do_c20260630_zUoW3FJptcM9" title="Accrued for interest and penalties"><span id="xdx_90D_eus-gaap--UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued_iI_do_c20250630_zxaFfr9OEC2j" title="Accrued for interest and penalties">no</span></span>t have any interest and penalties associated with tax positions. As of June 30, 2026 and March 31, 2026, the Company did <span id="xdx_909_eus-gaap--UnrecognizedTaxBenefits_iI_do_c20260630_zNHti4CsUB9c" title="Unrecognized tax benefits"><span id="xdx_901_eus-gaap--UnrecognizedTaxBenefits_iI_do_c20260331_zL85YlbJnSFc" title="Unrecognized tax benefits">no</span></span>t have any significant unrecognized uncertain tax positions.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company is subject to tax in local US and foreign jurisdictions. As a result of its business activities, the Company files tax returns that are subject to examination by the relevant tax authorities.</p> <p id="xdx_842_eus-gaap--DebtPolicyTextBlock_zKU3zN8TuPwe" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_866_zsswu4p8NPIi">Convertible Debts and Promissory Note</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company evaluates its financial instruments to determine if such instruments are derivatives or contain features that qualify as embedded derivatives in accordance with ASC 815. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value on the issuance date and is then re-valued at each reporting date, with changes in the fair value reported in the statements of operations. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period. Derivative liabilities are classified in the condensed consolidated balance sheet as current or non-current based on whether net-cash settlement or conversion of the instrument could be required within 12 months of the balance sheet date.</p> <p id="xdx_841_eus-gaap--EarningsPerSharePolicyTextBlock_zYL1b7cJqaU1" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_866_zPP0vt3f3PHk">Net Loss Per Share</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company calculates net loss per share in accordance with ASC 260, <i>Earnings per Share</i>. Basic loss per share is computed by dividing the net income by the weighted-average number of common shares outstanding during the period. Diluted loss per share is computed similar to basic loss per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common stock equivalents had been issued and if the additional common shares were dilutive.</p> <p id="xdx_845_eus-gaap--ComprehensiveIncomePolicyPolicyTextBlock_zyRakNpxIpc9" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 5%"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="width: 95%; text-align: justify"><span style="font-size: 10pt"><span id="xdx_867_zZ0N3K0fwz4">Comprehensive Loss</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">ASC 220, <i>Comprehensive Income</i>, establishes standards for reporting and display of comprehensive income, its components and accumulated balances. Comprehensive loss as defined includes all changes in equity during a period from non-owner sources. Accumulated other comprehensive loss, as presented in the accompanying statements of changes in stockholders’ (deficit) equity, consists of changes in unrealized gains and losses on foreign currency translation. This comprehensive income is not included in the computation of income tax expense or benefit.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p id="xdx_845_ecustom--RelatedPartiesPolicyTextBlock_zx3irx6ybRY7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_867_zI7RXwN2h3Xc">Related Parties</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company follows the ASC 850-10, <i>Related Party</i> for the identification of related parties and disclosure of related party transactions.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Pursuant to section 850-10-20 the related parties include a) affiliates of the Company; b) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of section 825–10–15, to be accounted for by the equity method by the investing entity; c) trusts for the benefit of employees, such as pension and Income-sharing trusts that are managed by or under the trusteeship of management; d) principal owners of the Company; e) management of the Company; f) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and g) other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The financial statements shall include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. The disclosures shall include: a) the nature of the relationship(s) involved; b) a description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; c) the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and d) amount due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement.</p> <p id="xdx_841_eus-gaap--CommitmentsAndContingenciesPolicyTextBlock_z0KJXQb669vc" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_86B_zQ33o70GxQSh">Commitments and Contingencies</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company follows the ASC 450-20, <i>Contingencies, </i>to report accounting for contingencies. Certain conditions may exist as of the date the financial statements are issued, which may result in a loss to the Company but which will only be resolved when one or more future events occur or fail to occur. The Company assesses such contingent liabilities, and such assessment inherently involves an exercise of judgment. In assessing loss contingencies related to legal proceedings that are pending against the Company or un-asserted claims that may result in such proceedings, the Company evaluates the perceived merits of any legal proceedings or un-asserted claims as well as the perceived merits of the amount of relief sought or expected to be sought therein.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would be accrued in the Company’s financial statements. If the assessment indicates that a potentially material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Loss contingencies considered remote are generally not disclosed unless they involve guarantees, in which case the guarantees would be disclosed. Management does not believe, based upon information available at this time that these matters will have a material adverse effect on the Company’s financial position, results of operations or cash flows. However, there is no assurance that such matters will not materially and adversely affect the Company’s business, financial position, and results of operations or cash flows.</p> <p id="xdx_845_eus-gaap--FairValueMeasurementPolicyPolicyTextBlock_zZwgkNyv63q4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_861_zCByRZXV6bZb">Fair Value of Measurement</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company follows the guidance of the ASC 820-10, <i>Fair Value Measurements and Disclosures</i>, with respect to financial assets and liabilities that are measured at fair value. ASC 820-10 establishes a three-tier fair value hierarchy that prioritizes the inputs used in measuring fair value as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 7%"><span style="font-size: 10pt">Level 1</span></td> <td style="width: 1%"> </td> <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">Inputs are based upon unadjusted quoted prices for identical instruments traded in active markets;</span></td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: top"> <td><span style="font-size: 10pt">Level 2</span></td> <td> </td> <td style="text-align: justify"><span style="font-size: 10pt">Inputs are based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques (e.g. Black-Scholes Option-Pricing model) for which all significant inputs are observable in the market or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Where applicable, these models project future cash flows and discount the future amounts to a present value using market-based observable inputs; and</span></td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: top"> <td><span style="font-size: 10pt">Level 3</span></td> <td> </td> <td style="text-align: justify"><span style="font-size: 10pt">Inputs are generally unobservable and typically reflect management’s estimates of assumptions that market participants would use in pricing the asset or liability. The fair values are therefore determined using model-based techniques, including option pricing models and discounted cash flow models.</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The carrying amounts of the Company’s financial assets and liabilities, such as cash and cash equivalents, inventories, rental deposit, amount due from a related party, prepayments and other current assets, accounts payable, accrued liabilities and other payables, amount due to a shareholder approximate their fair values because of the short maturity of these instruments except for bonds payable, convertible debts and convertible promissory note (measured at Level 3, see Notes 8, 9 and 10).</p> <p id="xdx_849_eus-gaap--NewAccountingPronouncementsPolicyPolicyTextBlock_zv05vevzSVr5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_869_z6t6AELdR5L5">Recent Accounting Pronouncements</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">From time to time, new accounting pronouncements are issued by the Financial Accounting Standard Board (“FASB”) or other standard setting bodies and adopted by the Company as of the specified effective date. Unless otherwise discussed, the Company believes that the impact of recently issued standards that are not yet effective will not have a material impact on its financial position or results of operations upon adoption.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">In December 2025, the FASB issued Accounting Standards Update (“ASU”) No. 2025-11, <i>Interim Reporting (Topic 270): Narrow-Scope Improvements</i>. This update clarifies the applicability, form and content, and interim disclosure requirements in ASC Topic 270 and enhances navigability of the interim reporting guidance. The amendments are effective for interim reporting periods within annual reporting periods beginning after December 15, 2027, for public business entities and after December 15, 2028, for entities other than public business entities. Early adoption is permitted. The Company is currently evaluating the effect of this pronouncement on its disclosures.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">In December 2025, the FASB issued ASU 2025-12, <i>Codification Improvements</i>, which updates the FASB Accounting Standards Codification to clarify, correct errors, and improve the overall usability of GAAP. The improvements consist of narrow-scope amendments, technical corrections, clarification of existing guidance, and updates to clarify the appropriate scope and application of certain disclosure requirements. ASU 2025-12 is effective for annual and interim periods beginning after December 15, 2026. Early adoption is permitted. The Company is currently evaluating the effect of this pronouncement on its disclosures.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">  </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">In April 2026, the FASB issued ASU 2026-01, <i>Equity (Topic 505): Initial Measurement of Paid-in-Kind Dividends on Equity-Classified Preferred Stock</i>. The ASU requires PIK dividends on equity-classified preferred stock to be initially measured based on the stated PIK dividend rate in the preferred stock agreement. This ASU is effective for fiscal years beginning after December 15, 2026, and interim periods within those fiscal years, with early adoption permitted. The Company is currently evaluating the effect of this pronouncement on its disclosures.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">In May 2026, the FASB issued ASU 2026-02, <i>Environmental Credits and Environmental Credit Obligations (Topic 818)</i>. This standard provides guidance on the accounting for environmental credits (such as renewable energy credits, carbon credits) and related obligations. The ASU is effective for annual reporting periods beginning after December 15, 2026, and interim periods within those annual periods. The Company is currently evaluating the effect of this pronouncement on its disclosures.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and does not believe the future adoption of any such pronouncements may be expected to cause a material impact on its financial condition or the results of its operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p id="xdx_849_eus-gaap--BasisOfAccountingPolicyPolicyTextBlock_zhSci31bYs4b" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_86A_z47Nyge0Xzb3">Basis of Presentation</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="background-color: white">These <span style="background-color: white">accompanying condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and pursuant to the rules and regulations of the Securities Exchange Commission (“SEC”) for quarterly financial statements and Article 8 of Regulation S-X. They do not include all of the information and notes required by U.S. GAAP for complete financial statements. The condensed consolidated financial statements should be read in conjunction with the Company’s consolidated financial statements and notes thereto for the year ended March 31, 2026 included in the Company’s Form 10-K, as filed with the SEC on October 15, 2026. Certain information or footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for quarterly financial reporting. Accordingly, they do not include all the information and footnotes necessary for a complete presentation of financial position, results of operations, or cash flows. In the opinion of management, the accompanying condensed consolidated financial statements include all adjustments, consisting of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented.</span></span></p> <p id="xdx_84C_eus-gaap--UseOfEstimates_zzgp57AaBZcc" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_869_zNmZP3HLnER8">Use of Estimates and Assumptions</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the periods presented. Significant accounting estimates reflected in the Company’s condensed consolidated financial statements include the allowance for expected credit losses, the useful lives of plant and equipment, impairment of long-lived assets, revenue recognition, allowance for deferred tax assets, uncertain tax position, fair value of convertible debts and promissory note and income tax provision.</p> <p id="xdx_847_eus-gaap--ConsolidationPolicyTextBlock_zoe0vE0oNjTd" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_86E_zGluVoPkdrX3">Basis of Consolidation</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The condensed consolidated financial statements include the accounts of the Company and its subsidiaries. All significant inter-company balances and transactions within the Company have been eliminated upon consolidation.</p> <p id="xdx_841_eus-gaap--ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_ziSJt3qbdL8e" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_860_zVlOvP9Vt9s6">Foreign Currencies Translation</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are recorded in the condensed consolidated statements of operations and other comprehensive loss.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The reporting currency of the Company is United States Dollar (“US$”) and the accompanying condensed consolidated financial statements have been expressed in US$. In addition, the Company has operations in Hong Kong and maintains the books and record in the local currency, Hong Kong Dollars (“HKD”), which is a functional currency as being the primary currency of the economic environment in which their operations are conducted. In general, for consolidation purposes, assets and liabilities of its subsidiary whose functional currency is not US$ are translated into US$, in accordance with Accounting Standards Codification (“ASC”) 830-30, <i>Translation of Financial Statement</i>, using the exchange rate on the balance sheet date. Revenues and expenses are translated at average rates prevailing during the period. The gains and losses resulting from translation of financial statements of foreign subsidiaries are recorded as a separate component of accumulated other comprehensive income (loss) within the statements of changes in stockholder’s deficit.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Translation of amounts from HKD into US$ has been made at the following exchange rates for the three months ended June 30, 2026 and 2025:</p> <table cellpadding="0" cellspacing="0" id="xdx_887_eus-gaap--ScheduleOfIntercompanyForeignCurrencyBalancesTextBlock_zboJo70spyWh" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details - Translation rate)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8BC_zcIHp1dufh9e" style="display: none">Schedule of translation rate</span></td><td> </td> <td colspan="3" style="text-align: right"> </td><td> </td> <td colspan="3" style="text-align: right"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30, 2026</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30, 2025</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 66%; text-align: left">Period-end HKD:US$ exchange rate</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98E_eus-gaap--ForeignCurrencyExchangeRateTranslation1_iI_c20260630__srt--StatementGeographicalAxis__country--HK__us-gaap--IntercompanyForeignCurrencyBalanceByDescriptionAxis__custom--YearEndMember_zTzrGhW96Z35" style="width: 13%; text-align: right" title="Translation exchange rate">7.8343</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_986_eus-gaap--ForeignCurrencyExchangeRateTranslation1_iI_c20250630__srt--StatementGeographicalAxis__country--HK__us-gaap--IntercompanyForeignCurrencyBalanceByDescriptionAxis__custom--YearEndMember_zWQWngCo7Ovc" style="width: 13%; text-align: right" title="Translation exchange rate">7.8497</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Annualized average HKD:US$ exchange rate</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_988_eus-gaap--ForeignCurrencyExchangeRateTranslation1_iI_c20260630__srt--StatementGeographicalAxis__country--HK__us-gaap--IntercompanyForeignCurrencyBalanceByDescriptionAxis__custom--AnnualizedAverageMember_zJfiXo6PY4I5" style="border-bottom: Black 2.5pt double; text-align: right" title="Translation exchange rate">7.8422</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_eus-gaap--ForeignCurrencyExchangeRateTranslation1_iI_c20250630__srt--StatementGeographicalAxis__country--HK__us-gaap--IntercompanyForeignCurrencyBalanceByDescriptionAxis__custom--AnnualizedAverageMember_zYeStVWD90Hj" style="border-bottom: Black 2.5pt double; text-align: right" title="Translation exchange rate">7.8040</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" id="xdx_887_eus-gaap--ScheduleOfIntercompanyForeignCurrencyBalancesTextBlock_zboJo70spyWh" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details - Translation rate)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8BC_zcIHp1dufh9e" style="display: none">Schedule of translation rate</span></td><td> </td> <td colspan="3" style="text-align: right"> </td><td> </td> <td colspan="3" style="text-align: right"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30, 2026</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30, 2025</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 66%; text-align: left">Period-end HKD:US$ exchange rate</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98E_eus-gaap--ForeignCurrencyExchangeRateTranslation1_iI_c20260630__srt--StatementGeographicalAxis__country--HK__us-gaap--IntercompanyForeignCurrencyBalanceByDescriptionAxis__custom--YearEndMember_zTzrGhW96Z35" style="width: 13%; text-align: right" title="Translation exchange rate">7.8343</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_986_eus-gaap--ForeignCurrencyExchangeRateTranslation1_iI_c20250630__srt--StatementGeographicalAxis__country--HK__us-gaap--IntercompanyForeignCurrencyBalanceByDescriptionAxis__custom--YearEndMember_zWQWngCo7Ovc" style="width: 13%; text-align: right" title="Translation exchange rate">7.8497</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Annualized average HKD:US$ exchange rate</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_988_eus-gaap--ForeignCurrencyExchangeRateTranslation1_iI_c20260630__srt--StatementGeographicalAxis__country--HK__us-gaap--IntercompanyForeignCurrencyBalanceByDescriptionAxis__custom--AnnualizedAverageMember_zJfiXo6PY4I5" style="border-bottom: Black 2.5pt double; text-align: right" title="Translation exchange rate">7.8422</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_eus-gaap--ForeignCurrencyExchangeRateTranslation1_iI_c20250630__srt--StatementGeographicalAxis__country--HK__us-gaap--IntercompanyForeignCurrencyBalanceByDescriptionAxis__custom--AnnualizedAverageMember_zYeStVWD90Hj" style="border-bottom: Black 2.5pt double; text-align: right" title="Translation exchange rate">7.8040</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 7.8343 7.8497 7.8422 7.8040 <p id="xdx_841_eus-gaap--SegmentReportingPolicyPolicyTextBlock_zJC1F8OcVYlj" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_866_zka0RcK7SJXa">Segment Reporting</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">ASC 280, <i>Segment Reporting</i> (“ASC 280”) establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal organizational structure as well as information about geographical areas, business segments and major customers in condensed consolidated financial statements for details on the Company’s business segments.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In accordance with Accounting Standards Update (“ASU”) No. 2023-07, <i>Segment Reporting (Topic 280), Improvements to Reportable Segment Disclosures</i>, the Company considered whether additional disclosures were required, including significant segment expenses and measures used by the chief operating decision maker (“CODM”), Mr. Edwin Kal Ip Li (a chief executive officer of the Company). However, the CODM evaluates the Company’s performance based solely on condensed consolidated financial results, and no additional measures or expense categories are used for internal decision-making. The CODM also reviews and utilizes function expenses (cost of revenues, and general and administrative) at the consolidated level to manage the Company's operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company uses the management approach to determine reportable operating segments. The management approach considers the internal organization and reporting used by the Company’s CODM, for making decisions, allocating resources and assessing performance, as the following reportable segments.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The operation of coupon redemption app business in United States of America (“U.S.”) was discontinued and closed down in March 2025, in which this segment did <span id="xdx_90E_eus-gaap--Revenues_do_c20260401__20260630__srt--ProductOrServiceAxis__custom--CouponRedemptionAppMember_zOXrGinBg9n3" title="Revenue"><span id="xdx_904_eus-gaap--Revenues_do_c20250401__20250630__srt--ProductOrServiceAxis__custom--CouponRedemptionAppMember_zXwdl7AcGKac" title="Revenue">no</span></span>t generate any revenue during the three months ended June 30, 2026 and 2025. Based on the management’s assessment, the Company determined that it has <span id="xdx_90D_eus-gaap--NumberOfReportableSegments_dxL_uInteger_c20260401__20260630_zGXIduiAilo8" title="Number of reportable segments::XDX::1"><span style="-sec-ix-hidden: xdx2ixbrl0540">one</span></span> reportable operating segment, as defined by ASC 280. For the three months ended June 30, 2026 and 2025, all of the Company’s revenues and assets are generated in Hong Kong. Therefore, no geographical segments are presented.</p> 0 0 <p id="xdx_840_eus-gaap--RevenueRecognitionPolicyTextBlock_zHyIGY7ev6f6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_863_z5yAwz4NbXma">Revenue Recognition</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company adopted ASU No. 2014-09, <i>Revenue from Contracts with Customers </i>(Topic 606) (“ASU 2014-09”). Under ASU 2014-09, the Company recognizes revenue when control of the promised goods or services is transferred to customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company applies the following five steps in order to determine the appropriate amount of revenue to be recognized as it fulfills its obligations under each of its agreements:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 5%; text-align: center"><span style="font-family: Symbol">·</span></td> <td style="width: 95%; text-align: justify"><span style="font-size: 10pt">identify the contract(s) with a customer;</span></td></tr> <tr style="vertical-align: top"> <td style="text-align: center"><span style="font-family: Symbol">·</span></td> <td style="text-align: justify"><span style="font-size: 10pt">identify the performance obligations in the contract;</span></td></tr> <tr style="vertical-align: top"> <td style="text-align: center"><span style="font-family: Symbol">·</span></td> <td style="text-align: justify"><span style="font-size: 10pt">determine the transaction price – The transaction price is the amount of consideration in a contract to which an entity expects to be entitled in exchange for transferring promised goods or services to a customer;</span></td></tr> <tr style="vertical-align: top"> <td style="text-align: center"><span style="font-family: Symbol">·</span></td> <td style="text-align: justify"><span style="font-size: 10pt">allocate the transaction price to performance obligations in the contract – Any entity typically allocates the transaction price to each performance obligation on the basis of the relative standalone selling prices of each distinct good or service promised in the contract.; and</span></td></tr> <tr style="vertical-align: top"> <td style="text-align: center"><span style="font-family: Symbol">·</span></td> <td style="text-align: justify"><span style="font-size: 10pt">recognize revenue as the performance obligation is satisfied </span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Revenue is recognized when the Company satisfies its performance obligation under the contract by transferring the promised product to its customer that obtains control of the product and collection is reasonably assured. A performance obligation is a promise in a contract to transfer a distinct product or service to a customer. Most of the Company’s contracts have a single performance obligation, and such fees are billed to the customer when the performance obligation is satisfied. The Company recognizes such revenue in the period when the amounts are determined to be fixed and the performance obligation is satisfied as the Company completes the obligations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring products or providing services. As such, revenue is recorded net of returns, allowances, customer discounts, and incentives. Sales taxes and other taxes are excluded from revenues.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i><span style="text-decoration: underline">Trading of Goods</span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company generates most of its revenue from direct product sales. Revenue from direct trading sales is recognized when the customer obtains control of the product, which occurs at a point in time. Delivery occurs when the goods have been delivery to the specific location upon the agreed shipment terms Shipping term under Free On Board (“FOB”), the Company transferred the ownership of goods to customer and who is liable for goods damaged during shipping. The Company bills the invoices to customers together with the delivery and collects the receivables in a credit term of 30 days.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Generally, the Company enters into purchase orders with its customers which specify the rights of the parties, including product specifications, shipment terms and payment terms and sales prices to the customers are fixed with rebate and incentives to certain customers. The performance obligations in a given transaction are determined by the individual purchase orders with revenue recognized at the time that the performance obligations have been satisfied. Sales taxes and other similar taxes that the Company collects concurrently with revenue-producing activities are excluded from revenue. Variable considerations such as sales rebates, sales discounts, and sales returns are treated as a reduction of revenue in the same period the related revenue is recognized.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i><span style="text-decoration: underline"></span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i><span style="text-decoration: underline">Cloud Consulting Service</span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Revenues from cloud consulting services are recognized over time (typically, on a monthly basis) as service is provided over the service period.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i><span style="text-decoration: underline"></span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i><span style="text-decoration: underline">Principal vs Agent Considerations</span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In accordance with ASC 606, <i>Revenue Recognition: Principal Agent Considerations</i>, the Company evaluates the terms in the agreements with its channels and independent contractors to determine whether or not the Company acts as the principal or as an agent in the arrangement with each party respectively. The determination of whether to record the revenue on a gross or net basis depends upon whether the Company has control over the goods prior to transferring it. In general, the Company controls the products as it has the obligation to (i) fulfil the products delivery and (ii) bear any inventory risk as legal owners. In addition, when establishing the selling prices for delivery of the resale products, the Company has control to set its selling price to ensure it would generate profit for the products delivery arrangements. The Company believes that all these factors indicate that the Company is acting as a principal in this transaction. As a result, revenue from the sales of products is presented on a gross basis.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i> </i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i><span style="text-decoration: underline">Disaggregation of Revenue</span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following table summarizes revenue from contracts with customers, disaggregated by revenue source for the three months ended June 30, 2026 and 2025:</p> <table cellpadding="0" cellspacing="0" id="xdx_882_eus-gaap--DisaggregationOfRevenueTableTextBlock_zKiGVjzfW2f2" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details - Disaggregated by revenue)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8BC_zpCSKXb51KTa" style="display: none">Schedule of disaggregated by revenue</span></td><td> </td> <td> </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: center"> </td> <td style="font-weight: bold; text-align: center"> </td> <td style="font-weight: bold; text-align: center"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="7" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For three months ended June 30,</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Type of revenue sources</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold">Time of recognition</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td></tr> <tr style="vertical-align: bottom"> <td style="width: 32%"> </td><td style="width: 2%"> </td> <td style="width: 32%"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 13%; 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: 13%; text-align: right"> </td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Product sales</td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left; padding-bottom: 2.5pt">At a point in time</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--Revenues_d0_c20260401__20260630__us-gaap--TimingOfTransferOfGoodOrServiceAxis__us-gaap--TransferredAtPointInTimeMember__srt--ProductOrServiceAxis__custom--ProductSalesMember_zGIuvj69p4Vc" style="border-bottom: Black 2.5pt double; text-align: right" title="Revenue">–</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--Revenues_d0_c20250401__20250630__us-gaap--TimingOfTransferOfGoodOrServiceAxis__us-gaap--TransferredAtPointInTimeMember__srt--ProductOrServiceAxis__custom--ProductSalesMember_zxq0e2a68kcf" style="border-bottom: Black 2.5pt double; text-align: right" title="Revenue">300,869</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" id="xdx_882_eus-gaap--DisaggregationOfRevenueTableTextBlock_zKiGVjzfW2f2" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details - Disaggregated by revenue)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8BC_zpCSKXb51KTa" style="display: none">Schedule of disaggregated by revenue</span></td><td> </td> <td> </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: center"> </td> <td style="font-weight: bold; text-align: center"> </td> <td style="font-weight: bold; text-align: center"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="7" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For three months ended June 30,</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Type of revenue sources</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold">Time of recognition</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td></tr> <tr style="vertical-align: bottom"> <td style="width: 32%"> </td><td style="width: 2%"> </td> <td style="width: 32%"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 13%; 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: 13%; text-align: right"> </td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Product sales</td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left; padding-bottom: 2.5pt">At a point in time</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--Revenues_d0_c20260401__20260630__us-gaap--TimingOfTransferOfGoodOrServiceAxis__us-gaap--TransferredAtPointInTimeMember__srt--ProductOrServiceAxis__custom--ProductSalesMember_zGIuvj69p4Vc" style="border-bottom: Black 2.5pt double; text-align: right" title="Revenue">–</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--Revenues_d0_c20250401__20250630__us-gaap--TimingOfTransferOfGoodOrServiceAxis__us-gaap--TransferredAtPointInTimeMember__srt--ProductOrServiceAxis__custom--ProductSalesMember_zxq0e2a68kcf" style="border-bottom: Black 2.5pt double; text-align: right" title="Revenue">300,869</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 0 300869 <p id="xdx_848_eus-gaap--LesseeLeasesPolicyTextBlock_zBI2Y6c0OrJ3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_864_zTZRsnhqeFa6">Leases</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company adopts the ASU No. 2016-02, <i>Leases (Topic 842)</i> for all periods presented. This standard requires lessees to recognize lease assets (“right-of-use”) and related lease obligations (“lease liabilities”) on the condensed consolidated balance sheet for leases with terms in excess of twelve months. For lease terms of twelve months or fewer, a lessee is permitted to make an accounting policy election not to recognize lease assets and liabilities.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company determines if an arrangement is a lease at inception. Operating leases are included in operating lease right-of-use (“ROU”) assets and operating lease liabilities in the condensed consolidated balance sheets. Finance leases are included in finance lease ROU assets and finance lease liabilities in the condensed consolidated balance sheets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. Operating lease and finance lease ROU assets and liabilities are recognized, based on the present value of lease payments over the lease term discounted using the rate implicit in the lease. In cases where the implicit rate is not readily determinable, the Company uses its incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. The incremental borrowing rate is the rate that the Company would have to pay to borrow, on a collateralized basis, an amount equal to the lease payments, in a similar economic environment and over a similar term. The Company depreciated the ROU assets on a straight-line basis from the lease commencement date to the earlier of the end of the useful life of the ROU assets or the end of the lease term. Lease expense for lease payments is recognized on a straight-line basis over the lease term.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">All of the Company’s real estate leases are classified as operating leases and there was no lease with a duration of twelve months or less.</p> <p id="xdx_84F_eus-gaap--IncomeTaxPolicyTextBlock_z0ELzluyqVA9" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_865_z8OLpJFMNWB9">Income Taxes</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Income taxes are determined in accordance with the provisions of ASC 740, <i>Income Taxes</i> (“ASC 740”). Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted income tax rates expected to apply to taxable income in the periods in which those temporary differences are expected to be recovered or settled. Any effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">ASC 740 prescribes a comprehensive model for how companies should recognize, measure, present, and disclose in their financial statements uncertain tax positions taken or expected to be taken on a tax return. Under ASC 740, tax positions must initially be recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For the three months ended June 30, 2026 and 2025, the Company did <span id="xdx_906_eus-gaap--UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued_iI_do_c20260630_zUoW3FJptcM9" title="Accrued for interest and penalties"><span id="xdx_90D_eus-gaap--UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued_iI_do_c20250630_zxaFfr9OEC2j" title="Accrued for interest and penalties">no</span></span>t have any interest and penalties associated with tax positions. As of June 30, 2026 and March 31, 2026, the Company did <span id="xdx_909_eus-gaap--UnrecognizedTaxBenefits_iI_do_c20260630_zNHti4CsUB9c" title="Unrecognized tax benefits"><span id="xdx_901_eus-gaap--UnrecognizedTaxBenefits_iI_do_c20260331_zL85YlbJnSFc" title="Unrecognized tax benefits">no</span></span>t have any significant unrecognized uncertain tax positions.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company is subject to tax in local US and foreign jurisdictions. As a result of its business activities, the Company files tax returns that are subject to examination by the relevant tax authorities.</p> 0 0 0 0 <p id="xdx_842_eus-gaap--DebtPolicyTextBlock_zKU3zN8TuPwe" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_866_zsswu4p8NPIi">Convertible Debts and Promissory Note</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company evaluates its financial instruments to determine if such instruments are derivatives or contain features that qualify as embedded derivatives in accordance with ASC 815. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value on the issuance date and is then re-valued at each reporting date, with changes in the fair value reported in the statements of operations. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period. Derivative liabilities are classified in the condensed consolidated balance sheet as current or non-current based on whether net-cash settlement or conversion of the instrument could be required within 12 months of the balance sheet date.</p> <p id="xdx_841_eus-gaap--EarningsPerSharePolicyTextBlock_zYL1b7cJqaU1" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_866_zPP0vt3f3PHk">Net Loss Per Share</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company calculates net loss per share in accordance with ASC 260, <i>Earnings per Share</i>. Basic loss per share is computed by dividing the net income by the weighted-average number of common shares outstanding during the period. Diluted loss per share is computed similar to basic loss per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common stock equivalents had been issued and if the additional common shares were dilutive.</p> <p id="xdx_845_eus-gaap--ComprehensiveIncomePolicyPolicyTextBlock_zyRakNpxIpc9" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 5%"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="width: 95%; text-align: justify"><span style="font-size: 10pt"><span id="xdx_867_zZ0N3K0fwz4">Comprehensive Loss</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">ASC 220, <i>Comprehensive Income</i>, establishes standards for reporting and display of comprehensive income, its components and accumulated balances. Comprehensive loss as defined includes all changes in equity during a period from non-owner sources. Accumulated other comprehensive loss, as presented in the accompanying statements of changes in stockholders’ (deficit) equity, consists of changes in unrealized gains and losses on foreign currency translation. This comprehensive income is not included in the computation of income tax expense or benefit.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p id="xdx_845_ecustom--RelatedPartiesPolicyTextBlock_zx3irx6ybRY7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_867_zI7RXwN2h3Xc">Related Parties</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company follows the ASC 850-10, <i>Related Party</i> for the identification of related parties and disclosure of related party transactions.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Pursuant to section 850-10-20 the related parties include a) affiliates of the Company; b) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of section 825–10–15, to be accounted for by the equity method by the investing entity; c) trusts for the benefit of employees, such as pension and Income-sharing trusts that are managed by or under the trusteeship of management; d) principal owners of the Company; e) management of the Company; f) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and g) other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The financial statements shall include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. The disclosures shall include: a) the nature of the relationship(s) involved; b) a description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; c) the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and d) amount due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement.</p> <p id="xdx_841_eus-gaap--CommitmentsAndContingenciesPolicyTextBlock_z0KJXQb669vc" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_86B_zQ33o70GxQSh">Commitments and Contingencies</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company follows the ASC 450-20, <i>Contingencies, </i>to report accounting for contingencies. Certain conditions may exist as of the date the financial statements are issued, which may result in a loss to the Company but which will only be resolved when one or more future events occur or fail to occur. The Company assesses such contingent liabilities, and such assessment inherently involves an exercise of judgment. In assessing loss contingencies related to legal proceedings that are pending against the Company or un-asserted claims that may result in such proceedings, the Company evaluates the perceived merits of any legal proceedings or un-asserted claims as well as the perceived merits of the amount of relief sought or expected to be sought therein.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would be accrued in the Company’s financial statements. If the assessment indicates that a potentially material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Loss contingencies considered remote are generally not disclosed unless they involve guarantees, in which case the guarantees would be disclosed. Management does not believe, based upon information available at this time that these matters will have a material adverse effect on the Company’s financial position, results of operations or cash flows. However, there is no assurance that such matters will not materially and adversely affect the Company’s business, financial position, and results of operations or cash flows.</p> <p id="xdx_845_eus-gaap--FairValueMeasurementPolicyPolicyTextBlock_zZwgkNyv63q4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_861_zCByRZXV6bZb">Fair Value of Measurement</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company follows the guidance of the ASC 820-10, <i>Fair Value Measurements and Disclosures</i>, with respect to financial assets and liabilities that are measured at fair value. ASC 820-10 establishes a three-tier fair value hierarchy that prioritizes the inputs used in measuring fair value as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 7%"><span style="font-size: 10pt">Level 1</span></td> <td style="width: 1%"> </td> <td style="width: 92%; text-align: justify"><span style="font-size: 10pt">Inputs are based upon unadjusted quoted prices for identical instruments traded in active markets;</span></td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: top"> <td><span style="font-size: 10pt">Level 2</span></td> <td> </td> <td style="text-align: justify"><span style="font-size: 10pt">Inputs are based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques (e.g. Black-Scholes Option-Pricing model) for which all significant inputs are observable in the market or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Where applicable, these models project future cash flows and discount the future amounts to a present value using market-based observable inputs; and</span></td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: top"> <td><span style="font-size: 10pt">Level 3</span></td> <td> </td> <td style="text-align: justify"><span style="font-size: 10pt">Inputs are generally unobservable and typically reflect management’s estimates of assumptions that market participants would use in pricing the asset or liability. The fair values are therefore determined using model-based techniques, including option pricing models and discounted cash flow models.</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The carrying amounts of the Company’s financial assets and liabilities, such as cash and cash equivalents, inventories, rental deposit, amount due from a related party, prepayments and other current assets, accounts payable, accrued liabilities and other payables, amount due to a shareholder approximate their fair values because of the short maturity of these instruments except for bonds payable, convertible debts and convertible promissory note (measured at Level 3, see Notes 8, 9 and 10).</p> <p id="xdx_849_eus-gaap--NewAccountingPronouncementsPolicyPolicyTextBlock_zv05vevzSVr5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-family: Wingdings; font-size: 10pt">l</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_869_z6t6AELdR5L5">Recent Accounting Pronouncements</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">From time to time, new accounting pronouncements are issued by the Financial Accounting Standard Board (“FASB”) or other standard setting bodies and adopted by the Company as of the specified effective date. Unless otherwise discussed, the Company believes that the impact of recently issued standards that are not yet effective will not have a material impact on its financial position or results of operations upon adoption.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">In December 2025, the FASB issued Accounting Standards Update (“ASU”) No. 2025-11, <i>Interim Reporting (Topic 270): Narrow-Scope Improvements</i>. This update clarifies the applicability, form and content, and interim disclosure requirements in ASC Topic 270 and enhances navigability of the interim reporting guidance. The amendments are effective for interim reporting periods within annual reporting periods beginning after December 15, 2027, for public business entities and after December 15, 2028, for entities other than public business entities. Early adoption is permitted. The Company is currently evaluating the effect of this pronouncement on its disclosures.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">In December 2025, the FASB issued ASU 2025-12, <i>Codification Improvements</i>, which updates the FASB Accounting Standards Codification to clarify, correct errors, and improve the overall usability of GAAP. The improvements consist of narrow-scope amendments, technical corrections, clarification of existing guidance, and updates to clarify the appropriate scope and application of certain disclosure requirements. ASU 2025-12 is effective for annual and interim periods beginning after December 15, 2026. Early adoption is permitted. The Company is currently evaluating the effect of this pronouncement on its disclosures.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">  </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">In April 2026, the FASB issued ASU 2026-01, <i>Equity (Topic 505): Initial Measurement of Paid-in-Kind Dividends on Equity-Classified Preferred Stock</i>. The ASU requires PIK dividends on equity-classified preferred stock to be initially measured based on the stated PIK dividend rate in the preferred stock agreement. This ASU is effective for fiscal years beginning after December 15, 2026, and interim periods within those fiscal years, with early adoption permitted. The Company is currently evaluating the effect of this pronouncement on its disclosures.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">In May 2026, the FASB issued ASU 2026-02, <i>Environmental Credits and Environmental Credit Obligations (Topic 818)</i>. This standard provides guidance on the accounting for environmental credits (such as renewable energy credits, carbon credits) and related obligations. The ASU is effective for annual reporting periods beginning after December 15, 2026, and interim periods within those annual periods. The Company is currently evaluating the effect of this pronouncement on its disclosures.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and does not believe the future adoption of any such pronouncements may be expected to cause a material impact on its financial condition or the results of its operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p id="xdx_80F_eus-gaap--SubstantialDoubtAboutGoingConcernTextBlock_zwzztVyxmoc6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>3.       <span id="xdx_824_zGzcg5Og0GIh">GOING CONCERN UNCERTAINTIES</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The accompanying condensed consolidated financial statements have been prepared using going concern basis of accounting, which contemplates the realization of assets and the satisfaction of liabilities in the ordinary course of business.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For the three months ended June 30, 2026, the Company incurred an operating loss of $<span id="xdx_901_eus-gaap--NetIncomeLoss_iN_pp0p0_di_c20260401__20260630_z3Y2tF50o9Z7" title="Net loss">653,617</span> and reported a working capital deficit of $<span id="xdx_900_ecustom--WorkingCapital_iNI_pp0p0_di_c20260630_z37zhojWjeMb" title="Working capital">3,364,786</span> and accumulated deficit of $<span id="xdx_901_eus-gaap--RetainedEarningsAccumulatedDeficit_iNI_pp0p0_di_c20260630_zm0QNgAnP0f5" title="Working capital">6,355,869</span>. Since March 2026, the Company has experienced temporary cessation of Dubai business operations due to its inability to execute the scheduled product shipments to its regional distribution hub in Dubai, resulting from regional supply chain and transit disruptions caused by U.S.-Iraq conflict. As of June 30, 2026, the Company’s bank accounts had been suspended, resulting in no cash balances, also certain convertible debts totaling approximately $<span id="xdx_90E_eus-gaap--DebtDefaultLongtermDebtAmount_iI_c20260630__us-gaap--TransactionTypeAxis__custom--CertainConvertibleDebtsIncludingInterestMember_zRzs4AAkOdph">795,000</span> (principal and unpaid interest) were in default. The Company has funded its operations and capital expenditure primarily through financial support from its stockholders. The continuation of the Company as a going concern is dependent upon improving profitability, securing continued financial support from its stockholders or raising additional capital through external fund-raising, such as, private placements. Management believes the existing stockholders will provide additional cash to meet with the Company’s obligations as they become due. However, there is no assurance that the Company will be successful in securing sufficient funds to sustain the operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Management is actively negotiating with holders of convertible debts and note totaling approximately $<span id="xdx_907_eus-gaap--DebtDefaultLongtermDebtAmount_iI_c20260630__us-gaap--TransactionTypeAxis__custom--ConvertibleDebtAndNotesMember_zXEXAv8ehUUc">947,000</span> (principal and unpaid interest) to restructure or extend repayment terms. These negotiations include discussions on potential debt-to-equity conversions, revised maturity schedules, and partial settlements to alleviate immediate liquidity pressure. While some binding agreements have been finalized as of the issue date of these consolidated financial statements, management believes that constructive progress has been made and that creditors are receptive to restructuring proposals.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">These raise substantial doubt about the Company’s ability to continue as a going concern. These condensed consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets and liabilities that may result in the Company not being able to continue as a going concern.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> -653617 -3364786 -6355869 795000 947000 <p id="xdx_80D_ecustom--AmountDueFromRelatedPartyTextBlock_zCtOV1jJe2Sc" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>4.       <span id="xdx_82B_z5SfJM2wwP9j">AMOUNT DUE FROM A RELATED PARTY</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 25.7pt; text-align: justify; text-indent: -25.7pt"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of June 30, 2026 and March 31, 2026, the amount represented temporary advances to a related party, Mr. Lo Yiu Kwok, the director of the Company’s subsidiary, which was unsecured, interest-free and repayable on demand. The balance was $<span id="xdx_903_eus-gaap--NotesReceivableGross_iI_c20260630_znubZZx5D0Rb">402,569</span> and $<span id="xdx_907_eus-gaap--NotesReceivableGross_iI_c20260331_zOqvosvUDoP7">411,430</span> as of June 30, 2026 and March 31, 2026, respectively. The balance is expected to be settled by December 31, 2026 or earlier.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> 402569 411430 <p id="xdx_801_eus-gaap--LesseeOperatingLeasesTextBlock_z9Bf5B6m6f45" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>5.       <span id="xdx_82E_zZfRZmsK7mfl">LEASES</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company entered into commercial operating leases with a third party for the use of office in Hong Kong. This lease has original term of 3 years. This operating lease is included in “Right-of-use Assets” on the condensed consolidated balance sheets and represent the Company’s right to use the underlying assets during the lease term. The Company’s obligation to make lease payments are included in “Operating Lease liabilities” on the condensed consolidated balance sheets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Supplemental balance sheet information related to operating leases was as follows:</p> <table cellpadding="0" cellspacing="0" id="xdx_891_eus-gaap--LeaseCostTableTextBlock_zJGJ911kmea" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - LEASES (Details - Lease information)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8B8_zGJa9UJOjHi9" style="display: none">Schedule of lease information</span></td><td> </td> <td colspan="3" id="xdx_49B_20260630_zyQAuw0I9N4c" style="text-align: center"> </td><td> </td> <td colspan="3" id="xdx_490_20260331_ztz6HasdTo8i" style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="7" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of</td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30, 2026</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">March 31, 2026</td></tr> <tr id="xdx_404_eus-gaap--AssetsAndLiabilitiesLesseeAbstract_iB_zpRsItVtN2mk" style="vertical-align: bottom"> <td style="text-align: left">Operating lease:</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--OperatingLeaseRightOfUseAsset_iI_zbrxUGBFVt3d" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 66%; text-align: left; padding-bottom: 2.5pt">Right-of-use assets, net</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: 13%; text-align: right">217,867</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">$</td><td style="border-bottom: Black 2.5pt double; width: 13%; text-align: right">268,117</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--OperatingLeaseLiabilityAbstract_iB_z4I8Skko1lPj" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Operating lease liabilities:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--OperatingLeaseLiabilityCurrent_iI_znpvdiCoWVbi" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Current lease liabilities</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">214,622</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">228,929</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--OperatingLeaseLiabilityNoncurrent_iI_zAsYsFOuoZmk" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 1pt">Non-current lease liabilities</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">18,670</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">55,240</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--OperatingLeaseLiability_iI_zbXjopFO5uMb" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 2.5pt"><b style="display: none">Total operating lease</b></td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">233,292</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">284,169</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AA_zT1ZDobS61Kf" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Operating lease expense for the three months ended June 30, 2026 and 2025 was $<span id="xdx_905_eus-gaap--LeaseCost_c20260401__20260630_z3Vjn5OyG21c" title="Operating lease expense">50,250</span> and $<span id="xdx_905_eus-gaap--LeaseCost_c20250401__20250630_zdQZFGTUgz51" title="Operating lease expense">50,570</span>, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Other supplemental information about the Company’s operating lease, as of:</p> <table cellpadding="0" cellspacing="0" id="xdx_89A_esrt--ScheduleOfSupplementalInformationForPropertyCasualtyInsuranceUnderwritersTextBlock_zCxDVONyAde1" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - LEASES (Details - Other supplemental information)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8BC_zqvN07xbrfej" style="display: none">Schedule of other supplemental information</span></td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-size: 10pt"><b>June 30, 2026</b></span></td> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-size: 10pt"><b>March 31, 2026</b></span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #EEEEEE"> <td style="width: 68%"><span style="font-size: 10pt">Weighted average discount rate</span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 13%; text-align: right"><span style="font-size: 10pt"><span id="xdx_908_eus-gaap--OperatingLeaseWeightedAverageDiscountRatePercent_iI_dp_c20260630_zUYjNqwY9XF5" title="Weighted average discount rate">8</span>%</span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 13%; text-align: right"><span style="font-size: 10pt"><span id="xdx_908_eus-gaap--OperatingLeaseWeightedAverageDiscountRatePercent_iI_dp_c20260331_zTtc0RlL98L7" title="Weighted average discount rate">8</span>%</span></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><span style="font-size: 10pt">Weighted average remaining lease term</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-size: 10pt"><span id="xdx_907_eus-gaap--OperatingLeaseWeightedAverageRemainingLeaseTerm1_iI_dtY_c20260630_zgnEMhZRHFug" title="Weighted-average remaining lease term">1.08</span></span></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-size: 10pt"><span id="xdx_904_eus-gaap--OperatingLeaseWeightedAverageRemainingLeaseTerm1_iI_dtY_c20260331_zo8a6PvMrsjb" title="Weighted-average remaining lease term">1.33</span></span></td> <td> </td></tr> </table> <p id="xdx_8AF_zsrconfU9Lsi" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 25.7pt; text-align: justify; text-indent: -25.7pt"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following table summarizes the future minimum lease payments due under the Company’s operating lease in the next two years, as of June 30, 2026:</p> <table cellpadding="0" cellspacing="0" id="xdx_89B_eus-gaap--LesseeOperatingLeaseLiabilityMaturityTableTextBlock_zDQKYEE2YU43" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - LEASES (Details - Future minimum lease payments)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8B1_zPamKR4ebOee" style="display: none">Schedule of future minimum lease payments</span></td><td> </td> <td colspan="3" id="xdx_494_20260630_zBt0e5FPDHEg" style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td>Period ending June 30,</td><td> </td> <td colspan="3" style="text-align: center"> </td></tr> <tr id="xdx_402_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_iI_maLOLLPzZUo_zznN7YT2BPqg" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 83%; text-align: left">2027</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">225,530</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_iI_d0_maLOLLPzZUo_zldxPHAdBQMb" style="vertical-align: bottom; background-color: White"> <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">18,794</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDue_iTI_mtLOLLPzZUo_zDMJSbjjPUg6" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Total minimum operating lease liabilities payment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">244,324</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_iNI_di_zpZzqJCcpdz2" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less: imputed interest</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">(11,032</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_401_eus-gaap--OperatingLeaseLiability_iI_z3HkeuCOEi3b" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Future minimum lease liabilities</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">233,292</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A4_zIyhRUEP61z9" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" id="xdx_891_eus-gaap--LeaseCostTableTextBlock_zJGJ911kmea" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - LEASES (Details - Lease information)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8B8_zGJa9UJOjHi9" style="display: none">Schedule of lease information</span></td><td> </td> <td colspan="3" id="xdx_49B_20260630_zyQAuw0I9N4c" style="text-align: center"> </td><td> </td> <td colspan="3" id="xdx_490_20260331_ztz6HasdTo8i" style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="7" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of</td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30, 2026</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">March 31, 2026</td></tr> <tr id="xdx_404_eus-gaap--AssetsAndLiabilitiesLesseeAbstract_iB_zpRsItVtN2mk" style="vertical-align: bottom"> <td style="text-align: left">Operating lease:</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--OperatingLeaseRightOfUseAsset_iI_zbrxUGBFVt3d" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 66%; text-align: left; padding-bottom: 2.5pt">Right-of-use assets, net</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: 13%; text-align: right">217,867</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">$</td><td style="border-bottom: Black 2.5pt double; width: 13%; text-align: right">268,117</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--OperatingLeaseLiabilityAbstract_iB_z4I8Skko1lPj" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Operating lease liabilities:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--OperatingLeaseLiabilityCurrent_iI_znpvdiCoWVbi" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Current lease liabilities</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">214,622</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">228,929</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--OperatingLeaseLiabilityNoncurrent_iI_zAsYsFOuoZmk" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 1pt">Non-current lease liabilities</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">18,670</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">55,240</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--OperatingLeaseLiability_iI_zbXjopFO5uMb" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 2.5pt"><b style="display: none">Total operating lease</b></td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">233,292</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">284,169</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 217867 268117 214622 228929 18670 55240 233292 284169 50250 50570 <table cellpadding="0" cellspacing="0" id="xdx_89A_esrt--ScheduleOfSupplementalInformationForPropertyCasualtyInsuranceUnderwritersTextBlock_zCxDVONyAde1" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - LEASES (Details - Other supplemental information)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8BC_zqvN07xbrfej" style="display: none">Schedule of other supplemental information</span></td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-size: 10pt"><b>June 30, 2026</b></span></td> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-size: 10pt"><b>March 31, 2026</b></span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #EEEEEE"> <td style="width: 68%"><span style="font-size: 10pt">Weighted average discount rate</span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 13%; text-align: right"><span style="font-size: 10pt"><span id="xdx_908_eus-gaap--OperatingLeaseWeightedAverageDiscountRatePercent_iI_dp_c20260630_zUYjNqwY9XF5" title="Weighted average discount rate">8</span>%</span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 13%; text-align: right"><span style="font-size: 10pt"><span id="xdx_908_eus-gaap--OperatingLeaseWeightedAverageDiscountRatePercent_iI_dp_c20260331_zTtc0RlL98L7" title="Weighted average discount rate">8</span>%</span></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><span style="font-size: 10pt">Weighted average remaining lease term</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-size: 10pt"><span id="xdx_907_eus-gaap--OperatingLeaseWeightedAverageRemainingLeaseTerm1_iI_dtY_c20260630_zgnEMhZRHFug" title="Weighted-average remaining lease term">1.08</span></span></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-size: 10pt"><span id="xdx_904_eus-gaap--OperatingLeaseWeightedAverageRemainingLeaseTerm1_iI_dtY_c20260331_zo8a6PvMrsjb" title="Weighted-average remaining lease term">1.33</span></span></td> <td> </td></tr> </table> 0.08 0.08 P1Y29D P1Y3M29D <table cellpadding="0" cellspacing="0" id="xdx_89B_eus-gaap--LesseeOperatingLeaseLiabilityMaturityTableTextBlock_zDQKYEE2YU43" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - LEASES (Details - Future minimum lease payments)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8B1_zPamKR4ebOee" style="display: none">Schedule of future minimum lease payments</span></td><td> </td> <td colspan="3" id="xdx_494_20260630_zBt0e5FPDHEg" style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td>Period ending June 30,</td><td> </td> <td colspan="3" style="text-align: center"> </td></tr> <tr id="xdx_402_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_iI_maLOLLPzZUo_zznN7YT2BPqg" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 83%; text-align: left">2027</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">225,530</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_iI_d0_maLOLLPzZUo_zldxPHAdBQMb" style="vertical-align: bottom; background-color: White"> <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">18,794</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDue_iTI_mtLOLLPzZUo_zDMJSbjjPUg6" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Total minimum operating lease liabilities payment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">244,324</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_iNI_di_zpZzqJCcpdz2" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less: imputed interest</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">(11,032</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_401_eus-gaap--OperatingLeaseLiability_iI_z3HkeuCOEi3b" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Future minimum lease liabilities</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">233,292</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 225530 18794 244324 11032 233292 <p id="xdx_801_eus-gaap--SegmentReportingDisclosureTextBlock_zvyIUQioXyK7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>6.       <span id="xdx_826_zU36eTNLBD75">SEGMENT REPORTING</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 25.7pt; text-align: justify; text-indent: -25.7pt"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">ASC 280 establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal organizational structure as well as information about geographical areas, business segments and major customers in financial statements for details on the Company’s business segments.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company uses the management approach to determine reportable operating segments. The management approach considers the internal organization and reporting used by the Company’s chief operating decision maker (“CODM”), Mr. Edwin Kai Ip Li (a chief executive officer of the Company), for making decisions, allocating resources and assessing performance.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Based on the management’s assessment, the Company determined that it has <span id="xdx_904_eus-gaap--NumberOfReportableSegments_dxL_uInteger_c20250401__20260630_zooLDxfRTXSh" title="Number of reportable segments::XDX::1"><span style="-sec-ix-hidden: xdx2ixbrl0672">one</span></span> reportable operating segment in the provision of LED carriage boxes and components in Hong Kong, as defined by ASC 280 for the three months ended June 30, 2026 and 2025.</p> <table cellpadding="0" cellspacing="0" id="xdx_890_eus-gaap--ScheduleOfSegmentReportingInformationBySegmentTextBlock_zbFlhxLG4cNj" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - SEGMENT REPORTING (Details - Segment information)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8B3_zwEHx6g7WGL" style="display: none">Schedule of segment information</span></td><td> </td> <td colspan="3" id="xdx_496_20260401__20260630__us-gaap--StatementBusinessSegmentsAxis__us-gaap--CorporateAndOtherMember_zXvlflnjnaqb" style="text-align: center"> </td><td> </td> <td colspan="3" id="xdx_49A_20250401__20250630__us-gaap--StatementBusinessSegmentsAxis__us-gaap--CorporateAndOtherMember_zcMaBzOjYjzk" style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="7" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended June 30,</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; text-align: center">2025</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td> </td> <td colspan="3" style="text-align: justify"> </td><td> </td> <td colspan="3" style="text-align: justify"> </td></tr> <tr id="xdx_40A_eus-gaap--Revenues_d0_zwxkIDDOjGmj" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 66%; font-weight: bold">Revenues</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 13%; 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: 13%; text-align: right">300,869</td><td style="width: 1%; 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_403_eus-gaap--CostOfRevenue_iN_di0_zllzKY8Q3CJ4" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 1pt">Cost of 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">(5,601</td><td style="padding-bottom: 1pt; 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_403_eus-gaap--GrossProfit_d0_zKloxQgs3XM4" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt">Gross profit</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">295,268</td><td style="padding-bottom: 1pt; 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_40B_eus-gaap--OperatingExpenses_iN_di0_zdkqqzsnYE3j" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 1pt">Total operating 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">(522,109</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">(273,987</td><td style="padding-bottom: 1pt; 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_403_eus-gaap--OperatingIncomeLoss_d0_zGSdxNBFk9cd" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold; text-align: left">(Loss) income from operations</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(522,109</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">21,281</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></tr> <tr id="xdx_404_eus-gaap--NonoperatingIncomeExpense_d0_z9KI7ThnpkT3" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 1pt">Total other 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">(131,508</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">(210,863</td><td style="padding-bottom: 1pt; 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_400_ecustom--LossFromOperationsBeforeIncomeTaxes_d0_zj4bN2zFQafh" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold; text-align: left">Loss from operations before income taxes</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(653,617</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(189,582</td><td style="text-align: left">)</td></tr> <tr id="xdx_407_eus-gaap--IncomeTaxExpenseBenefit_d0_zlbNyahINoV8" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Income tax expense</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_404_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_d0_zKenjL41Wg8h" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Segment loss</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">(653,617</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">(189,582</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table> <p id="xdx_8AF_zg6c8hsZywFk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For the three months ended June 30, 2026 and 2025, all of the Company’s revenue and assets are locally generated and held in Hong Kong. Therefore, no geographical segments are presented.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" id="xdx_890_eus-gaap--ScheduleOfSegmentReportingInformationBySegmentTextBlock_zbFlhxLG4cNj" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - SEGMENT REPORTING (Details - Segment information)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8B3_zwEHx6g7WGL" style="display: none">Schedule of segment information</span></td><td> </td> <td colspan="3" id="xdx_496_20260401__20260630__us-gaap--StatementBusinessSegmentsAxis__us-gaap--CorporateAndOtherMember_zXvlflnjnaqb" style="text-align: center"> </td><td> </td> <td colspan="3" id="xdx_49A_20250401__20250630__us-gaap--StatementBusinessSegmentsAxis__us-gaap--CorporateAndOtherMember_zcMaBzOjYjzk" style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="7" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended June 30,</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; text-align: center">2026</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; text-align: center">2025</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td> </td> <td colspan="3" style="text-align: justify"> </td><td> </td> <td colspan="3" style="text-align: justify"> </td></tr> <tr id="xdx_40A_eus-gaap--Revenues_d0_zwxkIDDOjGmj" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 66%; font-weight: bold">Revenues</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 13%; 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: 13%; text-align: right">300,869</td><td style="width: 1%; 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_403_eus-gaap--CostOfRevenue_iN_di0_zllzKY8Q3CJ4" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 1pt">Cost of 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">(5,601</td><td style="padding-bottom: 1pt; 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_403_eus-gaap--GrossProfit_d0_zKloxQgs3XM4" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt">Gross profit</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">295,268</td><td style="padding-bottom: 1pt; 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_40B_eus-gaap--OperatingExpenses_iN_di0_zdkqqzsnYE3j" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 1pt">Total operating 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">(522,109</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">(273,987</td><td style="padding-bottom: 1pt; 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_403_eus-gaap--OperatingIncomeLoss_d0_zGSdxNBFk9cd" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold; text-align: left">(Loss) income from operations</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(522,109</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">21,281</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></tr> <tr id="xdx_404_eus-gaap--NonoperatingIncomeExpense_d0_z9KI7ThnpkT3" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 1pt">Total other 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">(131,508</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">(210,863</td><td style="padding-bottom: 1pt; 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_400_ecustom--LossFromOperationsBeforeIncomeTaxes_d0_zj4bN2zFQafh" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold; text-align: left">Loss from operations before income taxes</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(653,617</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(189,582</td><td style="text-align: left">)</td></tr> <tr id="xdx_407_eus-gaap--IncomeTaxExpenseBenefit_d0_zlbNyahINoV8" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Income tax expense</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_404_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_d0_zKenjL41Wg8h" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Segment loss</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">(653,617</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">(189,582</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table> 0 300869 -0 5601 0 295268 522109 273987 -522109 21281 -131508 -210863 -653617 -189582 0 0 -653617 -189582 <p id="xdx_80D_ecustom--AmountDueToShareholderTextBlock_zmnpKsNz7J4f" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>7.       <span id="xdx_82A_zX623vW56gQi">AMOUNT DUE TO A SHAREHOLDER</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 25.7pt; text-align: justify; text-indent: -25.7pt"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of June 30, 2026 and March 31, 2026, the amount represented temporary advances made by a shareholder, Cosmos Links International Holding Ltd to the Company for capital expenditure and working capital purpose, which was unsecured, interest free and repayable on demand. The balance was $<span id="xdx_900_ecustom--AmountDueToShareholder_iI_c20260630_zYn5HrWdR9M9" title="Amount due to shareholder">238,421</span> and $<span id="xdx_909_ecustom--AmountDueToShareholder_iI_c20260331_zDNOAwG6Eph9" title="Amount due to shareholder">238,286</span> as of June 30, 2026 and March 31, 2026, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> 238421 238286 <p id="xdx_80A_eus-gaap--DebtDisclosureTextBlock_zE5ln7tSTU97" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>8.       <span id="xdx_82D_zlfvXDjM4b0d">BONDS PAYABLE</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 25.7pt; text-align: justify; text-indent: -25.7pt"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 25.7pt; text-align: justify; text-indent: -25.7pt">Bonds payable consisted of the following:</p> <table cellpadding="0" cellspacing="0" id="xdx_89D_eus-gaap--ScheduleOfDebtTableTextBlock_z238TiYGdQNd" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - BONDS PAYABLE (Details - Bonds payable)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8B5_zAPSy8dXRUxc" style="display: none">Schedule of bonds payable</span></td><td> </td> <td colspan="3" id="xdx_490_20260630_zVAeF31tIE69" style="text-align: center"> </td><td> </td> <td colspan="3" id="xdx_49C_20260331_zumgo1Sjueqk" style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="7" style="border-bottom: Black 1pt solid; text-align: center">As of</td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; text-align: center">June 30, 2026</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2026</td></tr> <tr id="xdx_403_eus-gaap--OtherNotesPayable_iI_zQ6Ni2RkCBvl" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 66%; text-align: left">Principal amounts of bonds payable</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">92,795</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: 13%; text-align: right">92,795</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--DebtInstrumentUnamortizedDiscount_iNI_di_zZBhmMGzacWe" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less: unamortized discounts</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">(608</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">(660</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_404_eus-gaap--NotesPayable_iI_zzlTII3lW7g4" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Bonds payable, 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">92,187</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">92,135</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></tr> <tr id="xdx_409_ecustom--RepresentingAbstract_iB_zAFhCNHKuHTf" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Representing:</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--NotesPayableCurrent_iI_zHdDo2khAyRk" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Current portion</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">92,187</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">73,708</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--LongTermNotesPayable_iI_d0_za1xDaONWUEh" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 1pt">Non-current portion</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">18,427</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--NotesPayable_iI_zHbdilt5CUIf" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt"><b style="display: none">Long term portion</b></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">92,187</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">92,135</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AD_zTE4sX7ZIqQd" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 25.7pt; text-align: justify; text-indent: -25.7pt"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">These bonds were issued by the Company’s subsidiary, ASN to certain third parties of an aggregate principal amount of $<span id="xdx_90D_eus-gaap--DebtInstrumentFaceAmount_iI_c20260630__us-gaap--DebtInstrumentAxis__custom--ASNToCertainThirdPartiesMember_z4VWwkRxmp5k" title="Principal amount">331,874</span> (HK$<span id="xdx_900_eus-gaap--DebtInstrumentFaceAmount_iI_uHKD_c20260630__us-gaap--DebtInstrumentAxis__custom--ASNToCertainThirdPartiesMember_zwao7GtyHrbf" title="Principal amount">2,600,000</span>) under the bond agreements, which carried interest at a rate of <span id="xdx_909_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20260630__us-gaap--DebtInstrumentAxis__custom--ASNToCertainThirdPartiesMember_zK1MttEKzmP3" title="Interest rate">8</span>% per annum.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Bond A: Both annual interest and the principal amount became monthly payable after the seventh month of the bond agreements up to maturity date.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Bond B : Both annual interest and the full principal amount became payable in its entirety at the maturity date.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The debt discounts are amortized into interest expense using the effective interest method over the terms of the bonds. Interest expense in relation to bonds payable for the three months ended June 30, 2026, and 2025 were $<span id="xdx_90D_eus-gaap--InterestExpenseDebt_c20260401__20260630_zjeJrBDwmAZe" title="Interest expense">16,725</span> and $<span id="xdx_90A_eus-gaap--InterestExpenseDebt_c20250401__20250630_zzejn1SyV25a" title="Interest expense">14,603</span>, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89D_eus-gaap--ScheduleOfDebtTableTextBlock_z238TiYGdQNd" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - BONDS PAYABLE (Details - Bonds payable)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8B5_zAPSy8dXRUxc" style="display: none">Schedule of bonds payable</span></td><td> </td> <td colspan="3" id="xdx_490_20260630_zVAeF31tIE69" style="text-align: center"> </td><td> </td> <td colspan="3" id="xdx_49C_20260331_zumgo1Sjueqk" style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="7" style="border-bottom: Black 1pt solid; text-align: center">As of</td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; text-align: center">June 30, 2026</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2026</td></tr> <tr id="xdx_403_eus-gaap--OtherNotesPayable_iI_zQ6Ni2RkCBvl" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 66%; text-align: left">Principal amounts of bonds payable</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">92,795</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: 13%; text-align: right">92,795</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--DebtInstrumentUnamortizedDiscount_iNI_di_zZBhmMGzacWe" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less: unamortized discounts</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">(608</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">(660</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_404_eus-gaap--NotesPayable_iI_zzlTII3lW7g4" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Bonds payable, 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">92,187</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">92,135</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></tr> <tr id="xdx_409_ecustom--RepresentingAbstract_iB_zAFhCNHKuHTf" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Representing:</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--NotesPayableCurrent_iI_zHdDo2khAyRk" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Current portion</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">92,187</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">73,708</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--LongTermNotesPayable_iI_d0_za1xDaONWUEh" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 1pt">Non-current portion</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">18,427</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--NotesPayable_iI_zHbdilt5CUIf" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt"><b style="display: none">Long term portion</b></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">92,187</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">92,135</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 92795 92795 608 660 92187 92135 92187 73708 0 18427 92187 92135 331874 2600000 0.08 16725 14603 <p id="xdx_80F_eus-gaap--LongTermDebtTextBlock_z9vQJVc0i9u4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>9.       <span id="xdx_821_zrIX4vcpmIe4">CONVERTIBLE DEBTS</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In May, October and November 2022 and March, May and September 2023, the Company’s subsidiary, ASN issued eight (8) convertible debts of $<span id="xdx_907_eus-gaap--DebtInstrumentFaceAmount_iI_c20260630__us-gaap--DebtInstrumentAxis__custom--EightConvertibleDebtsMember_zKExxQcH5xQg" title="Principal amount">1,140,240</span> (HK$<span id="xdx_901_eus-gaap--DebtInstrumentFaceAmount_iI_uHKD_c20260630__us-gaap--DebtInstrumentAxis__custom--EightConvertibleDebtsMember_zNWVfICFxs61" title="Principal amount">8,938,000</span>) aggregate principal amount, due in three to five years (the “Debts”). The Debts bear interest at a rate of 8.0% per annum, annually payable and will mature in October 2025, November 2025, March 2026, May 2026, September 2026 and May 2027. In October 2025, The Company has settled one convertible debts of $<span id="xdx_90D_eus-gaap--DebtInstrumentFaceAmount_iI_c20251031__us-gaap--DebtInstrumentAxis__custom--EightConvertibleDebtsMember_zKJlP7Orwab2" title="Principal amount">100,000</span> (HK$<span id="xdx_90D_eus-gaap--DebtInstrumentFaceAmount_iI_uHKD_c20251031__us-gaap--DebtInstrumentAxis__custom--EightConvertibleDebtsMember_zyejq1csfBPf" title="Principal amount">780,000</span>). In November 2025, Mr. Huang Hsiang-An has submitted a Conversion Notice (the “Notice”), requesting the conversion of the outstanding principal into shares of the Company’s common stock. On August 3, 2026, The Company received the Notice and agreed to issue Mr. Huang Hsiang-An 29,304 shares of its common stock at the price of $3.50 per share, equal to $<span id="xdx_90C_eus-gaap--StockIssuedDuringPeriodValueNewIssues_c20260802__20260803__srt--TitleOfIndividualAxis__custom--HuangHsiangAnMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zSWUwqPP1lYk" title="Shares issued, value">102,564</span> (HK$<span id="xdx_903_eus-gaap--StockIssuedDuringPeriodValueNewIssues_uHKD_c20260802__20260803__srt--TitleOfIndividualAxis__custom--HuangHsiangAnMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zCCRRrmATJRf" title="Shares issued, value">800,000</span>) to settle convertible debts payable.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of June 30, 2026, certain convertible debts totaling $<span id="xdx_90C_eus-gaap--DebtDefaultLongtermDebtAmount_iI_c20260630__us-gaap--TransactionTypeAxis__custom--CertainConvertibleDebtsMember_zMWhAm1cH5Ak">794,632</span> in aggregate were in default. Of this amount, $<span id="xdx_90B_eus-gaap--DebtConversionConvertedInstrumentAmount1_c20260401__20260630_z46Sdgka0bxl" title="Debt converted to shares">102,564</span> was subsequently settled through share conversions. The Company is in active negotiations with the remaining debt holders to settle the outstanding balance and the associated unpaid interest of approximately $<span id="xdx_908_eus-gaap--DebtDefaultLongtermDebtAmount_iI_c20260630__us-gaap--TransactionTypeAxis__custom--AggregateConvertibleDebtMember_ziqG1jwvKlyk">705,000</span> in aggregate, as of the date of these financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Debts Holders have the right to convert any or all of the principal and accrued interest on the Debts into shares of common stock of the Company on the closing of a listing for trading of the common stock of the Company on a national securities exchange offering (an “Uplist Offering”). If the Company can close an Uplist Offering, the conversion price shall be 70% of the per share offering price in the Uplist Offering.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Interest expense of convertible debts for the three months ended June 30, 2026 and 2025 were $<span id="xdx_90F_eus-gaap--InterestExpenseLongTermDebt_c20260401__20260630_znNwllPYHFR5" title="Interest expense convertible debts">9,408</span> and $<span id="xdx_903_eus-gaap--InterestExpenseLongTermDebt_c20250401__20250630_zQKRtkIESU5i" title="Interest expense convertible debts">80,114</span>, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The conversion derivative, associated with these convertible debts was accounted for as a liability in accordance with ASC 815-40. The conversion derivative liability was measured at fair value at inception and on a recurring basis, with changes in fair value presented within change in fair value of conversion derivative liability in the condensed consolidated statements of operations. The convertible debts are made up of the fair value of the embedded conversion option with a fair value, totaling $<span id="xdx_903_eus-gaap--DebtInstrumentConvertibleBeneficialConversionFeature_c20260401__20260630_zycSCKhYsOv" title="Convertible debts fair value embedded conversion">1,041,318</span> and $<span id="xdx_901_eus-gaap--DebtInstrumentConvertibleBeneficialConversionFeature_c20250401__20250630_zEXTZ7KLU2E" title="Convertible debts fair value embedded conversion">1,040,734</span>, as of June 30, 2026 and March 31, 2026, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> 1140240 8938000 100000 780000 102564 800000 794632 102564 705000 9408 80114 1041318 1040734 <p id="xdx_80D_ecustom--ConvertiblePromissoryNotePayableTextBlock_z5Ak8fiVr5Ph" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>10.       <span id="xdx_825_zr5dtcAtgaVa">CONVERTIBLE PROMISSORY NOTE PAYABLE</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In September 16, 2024, the Company issued one (1) convertible promissory note of $<span id="xdx_908_eus-gaap--DebtInstrumentFaceAmount_iI_c20240916_z44zhSx7BGP6">200,000</span> aggregate principal amount, due in two years (the “Note”), payable at maturity date of <span id="xdx_908_eus-gaap--DebtInstrumentMaturityDate_dd_c20240915__20240916_zZ4Efn8mBprg">September 16, 2026</span>. Subsequent to the reporting date, the Company is in active negotiations with this note holder to settle the outstanding balance and the associated unpaid interest of approximately $<span id="xdx_90C_eus-gaap--NotesPayable_iI_c20260630__us-gaap--TransactionTypeAxis__custom--September16ConvertiblePromissoryNoteMember_zBT0R7OFmv0h">242,000</span>, as of the date of these financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The details of the Note are as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Unless the Note is converted, the principal amounts of the Note, and accrued interest at the rate of 10% per annum, are payable of the issuance of the Note (the “Maturity Date”).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Note holder has the right to convert any or all of the principal and accrued interest on the Note into shares of common stock of the Company on the earlier of <span id="xdx_90B_eus-gaap--DebtInstrumentDescription_c20260401__20260630_zImMK4Cpncjj" title="Debt description">(i) 60 calendar days before the Maturity Date of the Note or (ii) the Company’s issuance or sale of any equity securities on or before the Maturity Date, in one or a series of related bona fide transactions with any third party, yielding gross proceeds to the Company excess $1,000,000 or (iii) when the Company disposed more than 50% of the voting power of the Company, or immediate after the merge with an entity, in which the Company own less than 50% of equity after the merger. The conversion price shall be 80% of the per share of the fair market value of the Company’s common stock.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company has the right to prepay all or any part of the Note without penalty upon five days prior written notice to the Note holder. The Note holder shall have five days after receipt of the written notice, to elect to convert all or part of the Note, at a conversion price to be determined mutually between the Company and Note holder.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Interest expense of the Note for the three months ended June 30, 2026 and 2025 were $<span id="xdx_90A_eus-gaap--InterestAndDebtExpense_c20260401__20260630_zV1OgVf8TbY1" title="Interest expense convertible">20,050</span> and $<span id="xdx_905_eus-gaap--InterestAndDebtExpense_c20250401__20250630_zN4eHKjz6DC8" title="Interest expense convertible">14,549</span>, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The conversion derivative, associated with this promissory note was accounted for as a liability in accordance with ASC 815-40. The conversion derivative liability was measured at fair value at inception and on a recurring basis, with changes in fair value presented within change in fair value of conversion derivative liability in the condensed consolidated statements of operations. The convertible promissory note is made up of the fair value of the embedded conversion option with a fair value, as of June 30, 2026 and March 31, 2026 of $<span id="xdx_900_eus-gaap--OtherShortTermBorrowings_iI_c20260630_ziBc5QW9NuLj" title="Convertible promissory note">183,138</span> and $<span id="xdx_90A_eus-gaap--ConvertibleLongTermNotesPayable_iI_c20260331_zgSiHCGEvoil" title="Convertible promissory note">168,088</span>, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> 200000 2026-09-16 242000 (i) 60 calendar days before the Maturity Date of the Note or (ii) the Company’s issuance or sale of any equity securities on or before the Maturity Date, in one or a series of related bona fide transactions with any third party, yielding gross proceeds to the Company excess $1,000,000 or (iii) when the Company disposed more than 50% of the voting power of the Company, or immediate after the merge with an entity, in which the Company own less than 50% of equity after the merger. The conversion price shall be 80% of the per share of the fair market value of the Company’s common stock. 20050 14549 183138 168088 <p id="xdx_80E_eus-gaap--StockholdersEquityNoteDisclosureTextBlock_zfX9vc7xYTS8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>11.       <span id="xdx_829_zFbopRxIkNXg">STOCKHOLDERS’ DEFICIT</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i>Authorized share</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company has <span id="xdx_903_eus-gaap--PreferredStockSharesAuthorized_c20260630__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesAPreferredStockMember_z7u10DVQufsg" title="Preferred stock, shares authorized">400,000,000</span> shares of Series A Preferred Stock authorized with a par value of $<span id="xdx_905_eus-gaap--PreferredStockParOrStatedValuePerShare_c20260630__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesAPreferredStockMember_zrmUQQBcL0uk" title="Preferred stock, par value">0.00001</span> per share.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company has <span id="xdx_90B_eus-gaap--CommonStockSharesAuthorized_iI_c20260630_zAD5IAznRBBj" title="Common stock, shares authorized">27,600,000,000</span> shares of Common Stock authorized with a par value of $<span id="xdx_90A_eus-gaap--CommonStockParOrStatedValuePerShare_iI_c20260630_z77qyqeDnIn6" title="Common stock, par value">0.00001</span> per share.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of June 30, 2026 and March 31, 2026, the Company had <span id="xdx_907_eus-gaap--CommonStockSharesAuthorized_iI_c20260630_zgcipxj7vuKh" title="Common stock, shares authorized">27,600,000,000</span> and <span id="xdx_906_eus-gaap--CommonStockSharesAuthorized_iI_c20260331_zR88ZaSIx7a2" title="Common stock, shares authorized">27,600,000,000</span> shares of common stock authorized, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i>Preferred stock</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of June 30, 2026 and March 31, 2026, the Company had <span id="xdx_902_eus-gaap--PreferredStockSharesIssued_iI_do_c20260630__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesAPreferredStockMember_zkVWYvcxvhD2" title="Preferred stock, shares issued"><span id="xdx_90C_eus-gaap--PreferredStockSharesOutstanding_iI_do_c20260630__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesAPreferredStockMember_zECgMFQLjhT5" title="Preferred stock, shares outstanding"><span id="xdx_903_eus-gaap--PreferredStockSharesIssued_iI_do_c20260331__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesAPreferredStockMember_z7Am4jAugOif" title="Preferred stock, shares issued"><span id="xdx_905_eus-gaap--PreferredStockSharesOutstanding_iI_do_c20260331__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesAPreferredStockMember_zbvlJ7WzHpYc" title="Preferred stock, shares outstanding">no</span></span></span></span> shares of Series A Preferred Stock issued and outstanding, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i>Common stock</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of June 30, 2026 and March 31, 2026, the Company had <span id="xdx_900_eus-gaap--CommonStockSharesIssued_c20260630_zru8qNCTrfva" title="Common stock, shares issued"><span id="xdx_90F_eus-gaap--CommonStockSharesOutstanding_c20260630_zX6XuCc9Xky2" title="Common stock, shares outstanding">12,715,111</span></span> and <span id="xdx_900_eus-gaap--CommonStockSharesIssued_c20260331_zEb1IwBjIrGi" title="Common stock, shares issued"><span id="xdx_90D_eus-gaap--CommonStockSharesOutstanding_c20260331_zHSMjsCS0n7h" title="Common stock, shares outstanding">12,715,111</span></span> shares of its common stock issued and outstanding, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i>Shares to be issued</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On August 3, 2026, the Company received the Notice and agreed to issue Mr. Huang Hsiang-An <span id="xdx_90E_ecustom--CommonStockToBeIssued_c20260401__20260630__srt--CounterpartyNameAxis__custom--HsiangAnHuangMember_zI5JZUm16qSd" title="Shares to be issued">29,304</span> shares of its common stock at the price of $3.50 per share, equal to $<span id="xdx_90B_ecustom--CommonStockToBeIssuedValue_c20260401__20260630__srt--CounterpartyNameAxis__custom--HsiangAnHuangMember_zSt2K4LBnRo5" title="Shares to be issued, value">102,564</span> to settle convertible debts payable on August 11, 2026.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of June 30, 2026 and March 31, 2026, the Company had <span id="xdx_902_ecustom--CommonStockToBeIssued_c20260401__20260630__us-gaap--StatementEquityComponentsAxis__custom--SharesToBeIssuedMember_zfqZCATWRsv3" title="Shares to be issued">29,304</span> and <span id="xdx_90C_ecustom--CommonStockToBeIssued_c20260101__20260331__us-gaap--StatementEquityComponentsAxis__custom--SharesToBeIssuedMember_zPWnrKNHVMw2">0</span> shares of common stock to be issued, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> 400000000 0.00001 27600000000 0.00001 27600000000 27600000000 0 0 0 0 12715111 12715111 12715111 12715111 29304 102564 29304 0 <p id="xdx_80C_eus-gaap--IncomeTaxDisclosureTextBlock_zbCfcvOlICwg" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 25.75pt; text-align: justify; text-indent: -25.75pt"><b>12.       <span id="xdx_82E_zuKanmr6Zct8">INCOME TAX</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The provision for income taxes consisted of the following:</p> <table cellpadding="0" cellspacing="0" id="xdx_897_eus-gaap--ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_zd4bbgSNHcF7" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - INCOME TAX (Details - Provision for income taxes)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8B5_zM2DOCsj6vyk" style="display: none">Schedule of provision for income taxes</span></td><td> </td> <td colspan="3" id="xdx_492_20260401__20260630_zR51fB8dn6Hk" style="text-align: center"> </td><td> </td> <td colspan="3" id="xdx_498_20250401__20250630_zNa8QzsqzSC9" style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="7" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Three Months Ended June 30,</td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="3" style="text-align: right"> </td><td> </td> <td colspan="3" style="text-align: right"> </td></tr> <tr id="xdx_405_eus-gaap--CurrentIncomeTaxExpenseBenefit_d0_zF7dy1YrcQD" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 66%; text-align: left">Current tax</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">–</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">–</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--DeferredIncomeTaxExpenseBenefit_d0_z9p01pAayLI8" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Deferred tax</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">–</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">–</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--IncomeTaxExpenseBenefit_d0_zYfyFhdP9FRg" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Income tax expenses</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">–</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> <p id="xdx_8A4_zcFQAx923M7a" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The effective tax rate in the periods presented is the result of the mix of income earned in various tax jurisdictions that apply a broad range of income tax rates. The Company mainly operates in Hong Kong that is subject to taxes in the jurisdictions in which they operate, as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i>United States</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company is registered in the State of Nevada and is subject to the tax laws of United States of America. The U.S. Tax Cuts and Jobs Act (the “Tax Reform Act”) was signed into law. The Company’s policy is to recognize accrued interest and penalties related to unrecognized tax benefits in its income tax provision. The Company has not accrued or paid interest or penalties which were not material to its results of operations for the periods presented. Deferred tax asset is not provided for as the tax losses may not be able to carryforward after a change in substantial ownership of the Company.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For the three months ended June 30, 2026 and 2025, there were <span id="xdx_90E_eus-gaap--OtherOperatingIncome_do_c20260401__20260630_zQC29bJZ3mt9" title="Operating income"><span id="xdx_90C_eus-gaap--OtherOperatingIncome_do_c20250401__20250630_zJYjlsghetOi">no</span></span> operating incomes.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i>BVI</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Under the current BVI law, ANGL is not subject to tax on income.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i>Hong Kong</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">ASN operating in Hong Kong is subject to the Hong Kong Profits Tax at the two-tiered profits tax rates from <span id="xdx_90D_ecustom--HongKongProfitsTaxRates_dp_c20260401__20260630__srt--RangeAxis__srt--MinimumMember_zcVKzkpgUASe" title="Profits tax rates">8.25</span>% to <span id="xdx_900_ecustom--HongKongProfitsTaxRates_dp_c20260401__20260630__srt--RangeAxis__srt--MaximumMember_zUdYwCm8x2S7" title="Profits tax rates">16.5</span>% on the estimated assessable profits arising in Hong Kong during the current year, after deducting a tax concession for the tax year.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of June 30, 2026, the operations in Hong Kong incurred $<span id="xdx_909_eus-gaap--OperatingLossCarryforwards_iI_c20260630__srt--StatementGeographicalAxis__country--HK_zMExqKDKVYS4" title="Operating loss, carried forward">2,829,860</span> of cumulative net operating losses which can be carried forward to offset future taxable income. There is no expiry in net operating loss carryforwards under Hong Kong tax regime. The Company has provided for a full valuation allowance against the deferred tax assets of $<span id="xdx_90D_eus-gaap--DeferredTaxAssetsValuationAllowance_iI_c20260630_zeSK27hxnmv5" title="Valuation allowance">416,715</span> on the expected future tax benefits from the net operating loss carryforwards as the management believes it is more likely than not that these assets will not be realized in the future.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The reconciliation of income tax computed by applying the U.S. federal income tax rate of 21% to the actual income tax expense benefit at the Company’s effective rate is as follows:</p> <table cellpadding="0" cellspacing="0" id="xdx_899_eus-gaap--ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_zt3Bw3tT5cNi" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - INCOME TAX (Details - Reconciliation of income tax expense)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8BB_z6eDvkquRNC2" style="display: none">Schedule of reconciliation of income tax expense</span></td><td> </td> <td colspan="3" style="text-align: center"> </td><td> </td> <td colspan="3" style="text-align: center"> </td><td> </td> <td colspan="3" style="text-align: center"> </td><td> </td> <td colspan="3" style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="15" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Three Months Ended June 30,</td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="7" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="7" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Amount</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Percent</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Amount</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Percent</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 32%; text-align: left"><span id="xdx_905_eus-gaap--TaxJurisdictionOfDomicileExtensibleEnumeration_dxL_c20260401__20260630_zS2ScjcokpVi" title="::XDX::http%3A%2F%2Ffasb.org%2Fus-gaap%2F2026%23DomesticCountryMember"><span id="xdx_90D_eus-gaap--TaxJurisdictionOfDomicileExtensibleEnumeration_dxL_c20250401__20250630_z77rrknG8hY" title="::XDX::http%3A%2F%2Ffasb.org%2Fus-gaap%2F2026%23DomesticCountryMember"><span style="-sec-ix-hidden: xdx2ixbrl0863"><span style="-sec-ix-hidden: xdx2ixbrl0864">Computed “expected” tax expense</span></span></span></span></td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_986_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_iN_di_marate_c20260401__20260630_zz6zEWGjg83l" style="width: 13%; text-align: right" title="Computed &quot;expected&quot; tax expense">137,260</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: 13%; text-align: right"><span id="xdx_90B_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_dp0_maratepercent_c20260401__20260630_zWjDWGlSGpQ9" title="Computed &quot;expected&quot; tax expense, percent">21.0</span>%</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98F_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_iN_di_c20250401__20250630_zfnn1mGIv4Ad" style="width: 13%; text-align: right" title="Computed &quot;expected&quot; tax expense">39,812</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: 13%; text-align: right"><span id="xdx_906_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_dp0_c20250401__20250630_zn4Emt5Owuk1" title="Computed &quot;expected&quot; tax expense, percent">21.0</span>%</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Effect of differential tax rate – subsidiaries (Note i)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--IncomeTaxReconciliationForeignIncomeTaxRateDifferential_marate_c20260401__20260630_fKGkp_zZibQuqHC8Ti" style="text-align: right" title="Effect of differential tax rate - subsidiaries">(8,719</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_908_eus-gaap--EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_iN_dpi0_maratepercent_c20260401__20260630_fKGkp_zLIBFd0W9Cc1" title="Effect of differential tax rate - subsidiaries, percent">(1.3</span>%</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--IncomeTaxReconciliationForeignIncomeTaxRateDifferential_c20250401__20250630_fKGkp_znF9vrZaxlv1" style="text-align: right" title="Effect of differential tax rate - subsidiaries">(6,987</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_901_eus-gaap--EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_iN_dpi0_c20250401__20250630_fKGkp_zEUTYIJuDuK4" title="Effect of differential tax rate - subsidiaries, percent">(3.7</span>%</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Tax credits:</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: left">Income not subject to taxes</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--IncomeTaxReconciliationTaxCredits_iN_di0_msrate_c20260401__20260630_z25O7uOxqJM6" style="text-align: right" title="Income not subject to taxes">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90F_eus-gaap--EffectiveIncomeTaxRateReconciliationTaxCredits_iN_dpi0_msratepercent_c20260401__20260630_z1CvP6Nz5y8i" title="Income not subject to taxes, percent">0.0</span>%</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--IncomeTaxReconciliationTaxCredits_iN_di0_c20250401__20250630_zmpSttNArSg5" style="text-align: right" title="Income not subject to taxes">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_902_eus-gaap--EffectiveIncomeTaxRateReconciliationTaxCredits_iN_dpi0_c20250401__20250630_zs1JZPWWwqgf" title="Income not subject to taxes, percent">0.0</span>%</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Expenses not subject to tax deduction</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--IncomeTaxReconciliationNondeductibleExpense_d0_marate_c20260401__20260630_z7CKNSQgfoi4" style="text-align: right" title="Expenses not subject to tax deduction">5,488</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_903_eus-gaap--EffectiveIncomeTaxRateReconciliationNondeductibleExpense_iN_dpi0_maratepercent_c20260401__20260630_zIybhTIc3NFd" title="Expenses not subject to tax deduction, percent">0.8</span>%</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--IncomeTaxReconciliationNondeductibleExpense_d0_c20250401__20250630_zySZzhtRFyC" style="text-align: right" title="Expenses not subject to tax deduction">28,671</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_908_eus-gaap--EffectiveIncomeTaxRateReconciliationNondeductibleExpense_iN_dpi0_c20250401__20250630_zYNwC2ti7bga" title="Expenses not subject to tax deduction, percent">15.1</span>%</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Changes in unrecognized tax benefits</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--IncomeTaxReconciliationTaxContingencies_d0_marate_c20260401__20260630_zSF83gOYztf4" style="border-bottom: Black 1pt solid; text-align: right" title="Changes in unrecognized tax benefits">(134,029</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"><span id="xdx_907_eus-gaap--EffectiveIncomeTaxRateReconciliationTaxContingencies_iN_dpi0_maratepercent_c20260401__20260630_z1Bkda5wfAEk" title="Changes in unrecognized tax benefits, percent">(20.5</span>%</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_98D_eus-gaap--IncomeTaxReconciliationTaxContingencies_d0_c20250401__20250630_znsHdjIreZD1" style="border-bottom: Black 1pt solid; text-align: right" title="Changes in unrecognized tax benefits">(61,496</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"><span id="xdx_90C_eus-gaap--EffectiveIncomeTaxRateReconciliationTaxContingencies_iN_dpi0_c20250401__20250630_zDw3V6cuHcs1" title="Changes in unrecognized tax benefits, percent">(32.4</span>%</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <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 id="xdx_981_eus-gaap--IncomeTaxExpenseBenefit_d0_mtrate_c20260401__20260630_zH16IbQynZmj" style="border-bottom: Black 2.5pt double; text-align: right" title="Income tax expense">–</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"><span id="xdx_901_eus-gaap--EffectiveIncomeTaxRateContinuingOperations_dp0_mtratepercent_c20260401__20260630_zd4DdsIQetrb" title="Income tax expense, pecent">0.0</span>%</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_981_eus-gaap--IncomeTaxExpenseBenefit_d0_c20250401__20250630_zpV0Nm7EIdYd" style="border-bottom: Black 2.5pt double; text-align: right" title="Income tax expense">–</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"><span id="xdx_909_eus-gaap--EffectiveIncomeTaxRateContinuingOperations_dp0_c20250401__20250630_z8vUvM1ssA8a" title="Income tax expense, pecent">0.0</span>%</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Note :</p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 6%"><span id="xdx_F06_z7VO26JT0Ogb" style="font-size: 10pt">(i)</span></td> <td style="width: 94%; text-align: justify"><span id="xdx_F11_zO0bDUFBPMah" style="font-size: 10pt">Represents the foreign income tax rate differential when compared to U.S. statutory income tax rate for the three months ended June 30, 2026 and 2025.</span></td></tr> </table> <p id="xdx_8A4_zIhTEe3pKid4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following table sets forth the significant components of the deferred tax assets of the Company as of June 30, 2026 and March 31, 2026:</p> <table cellpadding="0" cellspacing="0" id="xdx_899_eus-gaap--ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_zPBnGpBAeJ9k" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - INCOME TAX (Details - Deferred tax assets)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8B4_zOybqzvyhYQ5" style="display: none">Schedule of deferred tax assets</span></td><td> </td> <td colspan="3" id="xdx_491_20260630_zMaATkJszfJk" style="text-align: center"> </td><td> </td> <td colspan="3" id="xdx_49D_20260331_zdfv2a99PT8f" style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30, 2026</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">March 31, 2026</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td> </td> <td colspan="3" style="text-align: right"> </td><td> </td> <td colspan="3" style="text-align: right"> </td></tr> <tr id="xdx_402_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwards_iI_zUVLXDsr5ecg" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 66%; text-align: left">Net operating losses carryforwards</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">416,715</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">357,695</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--DeferredTaxAssetsValuationAllowance_iNI_di_zDtEW1q09Clc" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less: allowance on deferred tax assets</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(416,715</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(357,695</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_407_eus-gaap--DeferredTaxAssetsNet_iI_d0_zzGeheaCiQs7" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Deferred tax assets, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</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> <p id="xdx_8A6_z1ETgOjY5Ieg" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of June 30, 2026 and March 31, 2026, the Company had <span id="xdx_90E_eus-gaap--UnrecognizedTaxBenefits_iI_do_c20260630_zuQS2hOKcIbi" title="Unrecognized tax benefits"><span id="xdx_908_eus-gaap--UnrecognizedTaxBenefits_iI_do_c20260331_zNrki7dj2RL" title="Unrecognized tax benefits">no</span></span> unrecognized tax benefits. Interest and penalty charges, if any, related to income taxes would be classified as a component of the provision for income taxes in the condensed consolidated statements of operations. The Company does not expect any significant change in its uncertain tax positions in the next twelve months.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company filed income tax returns in the United States federal tax jurisdiction and several state tax jurisdictions. Since the Company is in a loss carryforward position, it is generally subject to examination by federal and state tax authorities for all these tax three years in which a net operating loss carryforward is available.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 25.7pt; text-align: justify; text-indent: -25.7pt"> </p> <table cellpadding="0" cellspacing="0" id="xdx_897_eus-gaap--ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_zd4bbgSNHcF7" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - INCOME TAX (Details - Provision for income taxes)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8B5_zM2DOCsj6vyk" style="display: none">Schedule of provision for income taxes</span></td><td> </td> <td colspan="3" id="xdx_492_20260401__20260630_zR51fB8dn6Hk" style="text-align: center"> </td><td> </td> <td colspan="3" id="xdx_498_20250401__20250630_zNa8QzsqzSC9" style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="7" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Three Months Ended June 30,</td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="3" style="text-align: right"> </td><td> </td> <td colspan="3" style="text-align: right"> </td></tr> <tr id="xdx_405_eus-gaap--CurrentIncomeTaxExpenseBenefit_d0_zF7dy1YrcQD" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 66%; text-align: left">Current tax</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">–</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">–</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--DeferredIncomeTaxExpenseBenefit_d0_z9p01pAayLI8" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Deferred tax</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">–</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">–</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--IncomeTaxExpenseBenefit_d0_zYfyFhdP9FRg" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Income tax expenses</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">–</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> 0 0 0 0 0 0 0 0 0.0825 0.165 2829860 416715 <table cellpadding="0" cellspacing="0" id="xdx_899_eus-gaap--ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_zt3Bw3tT5cNi" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - INCOME TAX (Details - Reconciliation of income tax expense)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8BB_z6eDvkquRNC2" style="display: none">Schedule of reconciliation of income tax expense</span></td><td> </td> <td colspan="3" style="text-align: center"> </td><td> </td> <td colspan="3" style="text-align: center"> </td><td> </td> <td colspan="3" style="text-align: center"> </td><td> </td> <td colspan="3" style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="15" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Three Months Ended June 30,</td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="7" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="7" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Amount</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Percent</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Amount</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Percent</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 32%; text-align: left"><span id="xdx_905_eus-gaap--TaxJurisdictionOfDomicileExtensibleEnumeration_dxL_c20260401__20260630_zS2ScjcokpVi" title="::XDX::http%3A%2F%2Ffasb.org%2Fus-gaap%2F2026%23DomesticCountryMember"><span id="xdx_90D_eus-gaap--TaxJurisdictionOfDomicileExtensibleEnumeration_dxL_c20250401__20250630_z77rrknG8hY" title="::XDX::http%3A%2F%2Ffasb.org%2Fus-gaap%2F2026%23DomesticCountryMember"><span style="-sec-ix-hidden: xdx2ixbrl0863"><span style="-sec-ix-hidden: xdx2ixbrl0864">Computed “expected” tax expense</span></span></span></span></td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_986_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_iN_di_marate_c20260401__20260630_zz6zEWGjg83l" style="width: 13%; text-align: right" title="Computed &quot;expected&quot; tax expense">137,260</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: 13%; text-align: right"><span id="xdx_90B_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_dp0_maratepercent_c20260401__20260630_zWjDWGlSGpQ9" title="Computed &quot;expected&quot; tax expense, percent">21.0</span>%</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98F_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_iN_di_c20250401__20250630_zfnn1mGIv4Ad" style="width: 13%; text-align: right" title="Computed &quot;expected&quot; tax expense">39,812</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: 13%; text-align: right"><span id="xdx_906_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_dp0_c20250401__20250630_zn4Emt5Owuk1" title="Computed &quot;expected&quot; tax expense, percent">21.0</span>%</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Effect of differential tax rate – subsidiaries (Note i)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--IncomeTaxReconciliationForeignIncomeTaxRateDifferential_marate_c20260401__20260630_fKGkp_zZibQuqHC8Ti" style="text-align: right" title="Effect of differential tax rate - subsidiaries">(8,719</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_908_eus-gaap--EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_iN_dpi0_maratepercent_c20260401__20260630_fKGkp_zLIBFd0W9Cc1" title="Effect of differential tax rate - subsidiaries, percent">(1.3</span>%</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--IncomeTaxReconciliationForeignIncomeTaxRateDifferential_c20250401__20250630_fKGkp_znF9vrZaxlv1" style="text-align: right" title="Effect of differential tax rate - subsidiaries">(6,987</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_901_eus-gaap--EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_iN_dpi0_c20250401__20250630_fKGkp_zEUTYIJuDuK4" title="Effect of differential tax rate - subsidiaries, percent">(3.7</span>%</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Tax credits:</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: left">Income not subject to taxes</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--IncomeTaxReconciliationTaxCredits_iN_di0_msrate_c20260401__20260630_z25O7uOxqJM6" style="text-align: right" title="Income not subject to taxes">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90F_eus-gaap--EffectiveIncomeTaxRateReconciliationTaxCredits_iN_dpi0_msratepercent_c20260401__20260630_z1CvP6Nz5y8i" title="Income not subject to taxes, percent">0.0</span>%</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--IncomeTaxReconciliationTaxCredits_iN_di0_c20250401__20250630_zmpSttNArSg5" style="text-align: right" title="Income not subject to taxes">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_902_eus-gaap--EffectiveIncomeTaxRateReconciliationTaxCredits_iN_dpi0_c20250401__20250630_zs1JZPWWwqgf" title="Income not subject to taxes, percent">0.0</span>%</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Expenses not subject to tax deduction</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--IncomeTaxReconciliationNondeductibleExpense_d0_marate_c20260401__20260630_z7CKNSQgfoi4" style="text-align: right" title="Expenses not subject to tax deduction">5,488</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_903_eus-gaap--EffectiveIncomeTaxRateReconciliationNondeductibleExpense_iN_dpi0_maratepercent_c20260401__20260630_zIybhTIc3NFd" title="Expenses not subject to tax deduction, percent">0.8</span>%</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--IncomeTaxReconciliationNondeductibleExpense_d0_c20250401__20250630_zySZzhtRFyC" style="text-align: right" title="Expenses not subject to tax deduction">28,671</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_908_eus-gaap--EffectiveIncomeTaxRateReconciliationNondeductibleExpense_iN_dpi0_c20250401__20250630_zYNwC2ti7bga" title="Expenses not subject to tax deduction, percent">15.1</span>%</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Changes in unrecognized tax benefits</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--IncomeTaxReconciliationTaxContingencies_d0_marate_c20260401__20260630_zSF83gOYztf4" style="border-bottom: Black 1pt solid; text-align: right" title="Changes in unrecognized tax benefits">(134,029</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"><span id="xdx_907_eus-gaap--EffectiveIncomeTaxRateReconciliationTaxContingencies_iN_dpi0_maratepercent_c20260401__20260630_z1Bkda5wfAEk" title="Changes in unrecognized tax benefits, percent">(20.5</span>%</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_98D_eus-gaap--IncomeTaxReconciliationTaxContingencies_d0_c20250401__20250630_znsHdjIreZD1" style="border-bottom: Black 1pt solid; text-align: right" title="Changes in unrecognized tax benefits">(61,496</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"><span id="xdx_90C_eus-gaap--EffectiveIncomeTaxRateReconciliationTaxContingencies_iN_dpi0_c20250401__20250630_zDw3V6cuHcs1" title="Changes in unrecognized tax benefits, percent">(32.4</span>%</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <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 id="xdx_981_eus-gaap--IncomeTaxExpenseBenefit_d0_mtrate_c20260401__20260630_zH16IbQynZmj" style="border-bottom: Black 2.5pt double; text-align: right" title="Income tax expense">–</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"><span id="xdx_901_eus-gaap--EffectiveIncomeTaxRateContinuingOperations_dp0_mtratepercent_c20260401__20260630_zd4DdsIQetrb" title="Income tax expense, pecent">0.0</span>%</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_981_eus-gaap--IncomeTaxExpenseBenefit_d0_c20250401__20250630_zpV0Nm7EIdYd" style="border-bottom: Black 2.5pt double; text-align: right" title="Income tax expense">–</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"><span id="xdx_909_eus-gaap--EffectiveIncomeTaxRateContinuingOperations_dp0_c20250401__20250630_z8vUvM1ssA8a" title="Income tax expense, pecent">0.0</span>%</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Note :</p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 6%"><span id="xdx_F06_z7VO26JT0Ogb" style="font-size: 10pt">(i)</span></td> <td style="width: 94%; text-align: justify"><span id="xdx_F11_zO0bDUFBPMah" style="font-size: 10pt">Represents the foreign income tax rate differential when compared to U.S. statutory income tax rate for the three months ended June 30, 2026 and 2025.</span></td></tr> </table> -137260 0.210 -39812 0.210 -8719 0.013 -6987 0.037 -0 -0.000 -0 -0.000 5488 -0.008 28671 -0.151 -134029 0.205 -61496 0.324 0 0.000 0 0.000 <table cellpadding="0" cellspacing="0" id="xdx_899_eus-gaap--ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_zPBnGpBAeJ9k" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - INCOME TAX (Details - Deferred tax assets)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8B4_zOybqzvyhYQ5" style="display: none">Schedule of deferred tax assets</span></td><td> </td> <td colspan="3" id="xdx_491_20260630_zMaATkJszfJk" style="text-align: center"> </td><td> </td> <td colspan="3" id="xdx_49D_20260331_zdfv2a99PT8f" style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30, 2026</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">March 31, 2026</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td> </td> <td colspan="3" style="text-align: right"> </td><td> </td> <td colspan="3" style="text-align: right"> </td></tr> <tr id="xdx_402_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwards_iI_zUVLXDsr5ecg" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 66%; text-align: left">Net operating losses carryforwards</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">416,715</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 13%; text-align: right">357,695</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--DeferredTaxAssetsValuationAllowance_iNI_di_zDtEW1q09Clc" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less: allowance on deferred tax assets</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(416,715</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(357,695</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_407_eus-gaap--DeferredTaxAssetsNet_iI_d0_zzGeheaCiQs7" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Deferred tax assets, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</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> 416715 357695 416715 357695 0 0 0 0 <p id="xdx_80C_eus-gaap--RelatedPartyTransactionsDisclosureTextBlock_zhXc9b9BNPza" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>13.       <span id="xdx_828_zr6bgCNn5tcj">RELATED PARTY TRANSACTIONS</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">From time to time, the directors of the Company advanced funds to the Company for capital expenditures and working capital purpose. Those temporary advances are unsecured, non-interest bearing and have no fixed terms of repayment.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="text-decoration: underline">Nature of relationships with related parties</span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="text-align: justify"> </td> <td style="text-align: justify"> </td></tr> <tr style="vertical-align: top"> <td style="width: 43%; text-align: justify"><span style="font-size: 10pt"><span style="text-decoration: underline">Name of related party</span></span></td> <td style="width: 57%; text-align: justify"><span style="font-size: 10pt"><span style="text-decoration: underline">Relationship with the Company</span></span></td></tr> <tr style="vertical-align: top; background-color: rgb(238,238,238)"> <td style="text-align: justify"><span style="font-size: 10pt">Lo Yiu Kwok</span></td> <td><span style="font-size: 10pt">Family member of the Company’s director and director of the Company’s subsidiary</span></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="text-align: justify">Messis Global Limited</td> <td>Controlled by the Company’s director</td></tr> <tr style="vertical-align: top; background-color: White"> <td style="text-align: justify"> </td> <td> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Related party balances consisted of the following:</p> <table cellpadding="0" cellspacing="0" id="xdx_89D_eus-gaap--ScheduleOfRelatedPartyTransactionsTableTextBlock_zv8lGsLlvwkj" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - RELATED PARTY TRANSACTIONS (Details - Related party balances)"> <tr style="vertical-align: bottom"> <td style="text-align: justify"><span id="xdx_8BB_z9Nyeussk0wa" style="display: none">Schedule of related party balances</span></td> <td> </td> <td style="text-align: justify"> </td> <td> </td> <td colspan="6" style="text-align: center"> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td> <td> </td> <td style="text-align: justify"> </td> <td> </td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-size: 10pt">As of</span></td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1pt solid; text-align: justify"><span style="font-size: 10pt">Name or related party</span></td> <td> </td> <td style="border-bottom: black 1pt solid; text-align: justify"><span style="font-size: 10pt">Nature</span></td> <td> </td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-size: 10pt">June 30, 2026</span></td> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-size: 10pt">March 31, 2026</span></td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td> <td> </td> <td style="text-align: justify"> </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></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 35%"><span style="font-size: 10pt">Lo Yiu Kwok</span></td> <td style="width: 1%"> </td> <td style="width: 32%"><span style="font-size: 10pt">Amount due from a related party</span></td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-size: 10pt">$</span></td> <td id="xdx_98F_eus-gaap--NotesReceivableGross_iI_c20260630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--LoYiuKwokMember_zI38uMh16gpf" style="width: 13%; text-align: right" title="Amount due from a related party"><span style="font-size: 10pt">402,569 </span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-size: 10pt">$</span></td> <td id="xdx_987_eus-gaap--NotesReceivableGross_iI_c20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--LoYiuKwokMember_z8HJk5mmG7Z3" style="width: 13%; text-align: right" title="Amount due from a related party"><span style="font-size: 10pt">411,430</span></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Messis Global Limited</td> <td> </td> <td>Accrued liabilities and other payable</td> <td> </td> <td> </td> <td id="xdx_980_ecustom--AccruedLiabilitiesAndOtherPayables_iI_c20260630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--MessisGlobalLimitedMember_zc1dbjszWZu6" style="text-align: right" title="Accrued liabilities and other payables">697,878</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98E_ecustom--AccruedLiabilitiesAndOtherPayables_iI_d0_c20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--MessisGlobalLimitedMember_zlIYULS5aqhf" style="text-align: right">277,722</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td><span style="font-size: 10pt">Cosmos Links International Holding Ltd</span></td> <td> </td> <td><span style="font-size: 10pt">Amount due to a shareholder</span></td> <td> </td> <td style="border-bottom: black 2.25pt double"><span style="font-size: 10pt">$</span></td> <td id="xdx_98B_eus-gaap--OtherLiabilitiesCurrent_iI_c20260630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--CosmosLinksInternationalHoldingLtdMember_zwPYqQnH5FL5" style="border-bottom: black 2.25pt double; text-align: right" title="Amount due to a shareholder"><span style="font-size: 10pt">238,421 </span></td> <td> </td> <td> </td> <td style="border-bottom: black 2.25pt double"><span style="font-size: 10pt">$</span></td> <td id="xdx_980_eus-gaap--OtherLiabilitiesCurrent_iI_c20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--CosmosLinksInternationalHoldingLtdMember_zq2UaAE1qK3i" style="border-bottom: black 2.25pt double; text-align: right" title="Amount due to a shareholder"><span style="font-size: 10pt">238,286</span></td> <td> </td></tr> </table> <p id="xdx_8A7_zCGZrTtNQTZg" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of June 30, 2026 and March 31, 2026, the amount due from a related party represented temporary non-trade advances to Mr. Lo Yiu Kwok, the director of the Company’s subsidiary, which was unsecured and interest-free. The balance was $<span id="xdx_90D_eus-gaap--NotesReceivableGross_iI_c20260630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--LoYiuKwokMember_zgfC9QHvk96i">402,569</span> and $<span id="xdx_907_eus-gaap--NotesReceivableGross_iI_c20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--LoYiuKwokMember_zRru7atrPjv3">411,430</span> as of June 30, 2026 and March 31, 2026, respectively. The balance is expected to be settled by December 31, 2026 or earlier.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of June 30, 2026 and March 31, 2026, the related party balance from accrued liabilities and other payable represented the accrued consulting services of $<span id="xdx_902_eus-gaap--GeneralAndAdministrativeExpense_c20260401__20260630__us-gaap--TransactionTypeAxis__us-gaap--ServiceAgreementsMember_znnxVXCVI9Ad">697,878</span> and $<span id="xdx_90A_eus-gaap--GeneralAndAdministrativeExpense_c20250401__20260331__us-gaap--TransactionTypeAxis__us-gaap--ServiceAgreementsMember_zXbPsNHAnz07">277,722</span> , respectively and recorded as expense in the operations. These service agreements had an aggregate value of $990,000 for a term of six to eight months and were subsequently settled by <span id="xdx_905_eus-gaap--DebtConversionConvertedInstrumentSharesIssued1_c20250401__20260331__us-gaap--TransactionTypeAxis__us-gaap--ServiceAgreementsMember_zUM8M7cYno01">14,347,826</span> shares of common stock.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In the ordinary course of business, during the years presented, the Company has engaged with transactions, either at cost or current market price and in the normal commercial terms among related parties. The following table provides the transactions with these parties for the years, as presented (for the portion of such period that they were considered related): </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - RELATED PARTY TRANSACTIONS (Details - Related party balances)"> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td> <td> </td> <td style="text-align: justify"> </td> <td> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td> <td> </td> <td style="text-align: justify"> </td> <td> </td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-size: 10pt"><b>Three Months ended June 30,</b></span></td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1pt solid; text-align: justify"><span style="font-size: 10pt"><b>Name of related party</b></span></td> <td> </td> <td style="border-bottom: black 1pt solid; text-align: justify"><span style="font-size: 10pt"><b>Nature</b></span></td> <td> </td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-size: 10pt"><b>2026</b></span></td> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-size: 10pt"><b>2025</b></span></td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td> <td> </td> <td style="text-align: justify"> </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></tr> <tr style="vertical-align: bottom; background-color: #EEEEEE"> <td style="width: 27%"><span style="font-size: 10pt">Messis Global Limited</span></td> <td style="width: 1%"> </td> <td style="width: 40%"><span style="font-size: 10pt">Business advisory costs incurred by the Company</span></td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-size: 10pt">$</span></td> <td id="xdx_987_eus-gaap--ProfessionalFees_c20260401__20260630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--MessisGlobalLimitedMember_z6KQ9qNdkD06" style="width: 13%; text-align: right" title="Business advisory costs"><span style="font-size: 10pt">420,000</span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-size: 10pt">$</span></td> <td id="xdx_986_eus-gaap--ProfessionalFees_c20250401__20250630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--MessisGlobalLimitedMember_zBLTvrleYRTe" style="width: 13%; text-align: right" title="Business advisory costs"><span style="font-size: 10pt">23,973</span></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><span style="font-size: 10pt">Messis Global Limited</span></td> <td> </td> <td><span style="font-size: 10pt">Administrative service support fees received by the Company</span></td> <td> </td> <td><span style="font-size: 10pt">$</span></td> <td id="xdx_985_eus-gaap--AdministrativeFeesExpense_d0_c20260401__20260630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--MessisGlobalLimitedMember_zDy7EmAkWG84" style="text-align: right" title="Administrative service support fees"><span style="font-size: 10pt">–</span></td> <td> </td> <td> </td> <td><span style="font-size: 10pt">$</span></td> <td id="xdx_985_eus-gaap--AdministrativeFeesExpense_c20250401__20250630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--MessisGlobalLimitedMember_zVpTs8n13nTb" style="text-align: right" title="Administrative service support fees"><span style="font-size: 10pt">10,973</span></td> <td> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Apart from the transactions and balances detailed elsewhere in these accompanying consolidated financial statements, the Company has no other significant or material related party transactions during the years presented.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89D_eus-gaap--ScheduleOfRelatedPartyTransactionsTableTextBlock_zv8lGsLlvwkj" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - RELATED PARTY TRANSACTIONS (Details - Related party balances)"> <tr style="vertical-align: bottom"> <td style="text-align: justify"><span id="xdx_8BB_z9Nyeussk0wa" style="display: none">Schedule of related party balances</span></td> <td> </td> <td style="text-align: justify"> </td> <td> </td> <td colspan="6" style="text-align: center"> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td> <td> </td> <td style="text-align: justify"> </td> <td> </td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-size: 10pt">As of</span></td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1pt solid; text-align: justify"><span style="font-size: 10pt">Name or related party</span></td> <td> </td> <td style="border-bottom: black 1pt solid; text-align: justify"><span style="font-size: 10pt">Nature</span></td> <td> </td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-size: 10pt">June 30, 2026</span></td> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-size: 10pt">March 31, 2026</span></td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td> <td> </td> <td style="text-align: justify"> </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></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 35%"><span style="font-size: 10pt">Lo Yiu Kwok</span></td> <td style="width: 1%"> </td> <td style="width: 32%"><span style="font-size: 10pt">Amount due from a related party</span></td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-size: 10pt">$</span></td> <td id="xdx_98F_eus-gaap--NotesReceivableGross_iI_c20260630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--LoYiuKwokMember_zI38uMh16gpf" style="width: 13%; text-align: right" title="Amount due from a related party"><span style="font-size: 10pt">402,569 </span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-size: 10pt">$</span></td> <td id="xdx_987_eus-gaap--NotesReceivableGross_iI_c20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--LoYiuKwokMember_z8HJk5mmG7Z3" style="width: 13%; text-align: right" title="Amount due from a related party"><span style="font-size: 10pt">411,430</span></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Messis Global Limited</td> <td> </td> <td>Accrued liabilities and other payable</td> <td> </td> <td> </td> <td id="xdx_980_ecustom--AccruedLiabilitiesAndOtherPayables_iI_c20260630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--MessisGlobalLimitedMember_zc1dbjszWZu6" style="text-align: right" title="Accrued liabilities and other payables">697,878</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98E_ecustom--AccruedLiabilitiesAndOtherPayables_iI_d0_c20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--MessisGlobalLimitedMember_zlIYULS5aqhf" style="text-align: right">277,722</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td><span style="font-size: 10pt">Cosmos Links International Holding Ltd</span></td> <td> </td> <td><span style="font-size: 10pt">Amount due to a shareholder</span></td> <td> </td> <td style="border-bottom: black 2.25pt double"><span style="font-size: 10pt">$</span></td> <td id="xdx_98B_eus-gaap--OtherLiabilitiesCurrent_iI_c20260630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--CosmosLinksInternationalHoldingLtdMember_zwPYqQnH5FL5" style="border-bottom: black 2.25pt double; text-align: right" title="Amount due to a shareholder"><span style="font-size: 10pt">238,421 </span></td> <td> </td> <td> </td> <td style="border-bottom: black 2.25pt double"><span style="font-size: 10pt">$</span></td> <td id="xdx_980_eus-gaap--OtherLiabilitiesCurrent_iI_c20260331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--CosmosLinksInternationalHoldingLtdMember_zq2UaAE1qK3i" style="border-bottom: black 2.25pt double; text-align: right" title="Amount due to a shareholder"><span style="font-size: 10pt">238,286</span></td> <td> </td></tr> </table> 402569 411430 697878 277722 238421 238286 402569 411430 697878 277722 14347826 420000 23973 0 10973 <p id="xdx_803_eus-gaap--ConcentrationRiskDisclosureTextBlock_zKJfWd8jtL65" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>14.       <span id="xdx_824_zHCtmY6a18fd">CONCENTRATIONS OF RISKS</span> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Company is exposed to the following concentrations of risks:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">(a)       Major customer</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For the three months ended June 30, 2026, the Company has no single customer.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For the three months ended June 30, 2025, the Company has one single customer.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">(b)       Major vendor</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For the three months ended June 30, 2026, the Company has no single vendor.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For the three months ended June 30, 2025, the Company has one single vendor.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-size: 10pt">(c)</span></td> <td style="text-align: justify"><span style="font-size: 10pt">Credit risk</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Financial instruments that potentially subject the Company to credit risk consist of cash and cash equivalents. Cash equivalents are maintained with high credit quality institutions in Hong Kong, the composition and maturities of which are regularly monitored by the management. The Hong Kong Deposit Protection Board pays compensation up to a limit of HK$<span id="xdx_902_eus-gaap--Deposits_iI_uHKD_c20260630_zK0x23y2f4Z3" title="Deposit">800,000</span> (equal to $<span id="xdx_90B_eus-gaap--Deposits_iI_uUSD_c20260630_ztMY1laMOmK3" title="Deposit">102,115</span>) if the bank in Hong Kong with which an individual/a company hold its eligible deposit fails.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-size: 10pt">(d)</span></td> <td style="text-align: justify"><span style="font-size: 10pt">Economic and political risk</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company’s major operations are conducted in Hong Kong. Accordingly, the political, economic, and legal environments in Hong Kong, as well as the general state of Hong Kong’s economy may influence the Company’s business, financial condition, and results of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0px"> </td> <td style="width: 36px"><span style="font-size: 10pt">(e)</span></td> <td style="text-align: justify"><span style="font-size: 10pt">Exchange rate risk</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company cannot guarantee that the current exchange rate will remain steady, therefore there is a possibility that the Company could post the same amount of profit for two comparable periods and because of the fluctuating exchange rate actually post higher or lower profit depending on exchange rate of HKD converted to US$ on that date. The exchange rate could fluctuate depending on changes in political and economic environments without notice.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 24px; font-size: 10pt"><span style="font-size: 10pt">(f)</span></td> <td style="font-size: 10pt; text-align: justify"><span style="font-size: 10pt">Geopolitical risk</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company has planned its business expansion in Dubai and Middle East since 2026. The escalation of military conflict and political instability in the Middle East, specifically involving the United States, Iraq, and Iran, could materially and adversely affect its business, financial condition, and results of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> 800000 102115 <p id="xdx_808_eus-gaap--CommitmentsAndContingenciesDisclosureTextBlock_zfxEZFv2JBlc" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>15.       <span id="xdx_82F_zJbonIoRnRC1">COMMITMENTS AND CONTINGENCIES</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">From time to time, the Company may be involved in various legal proceedings and claims in the ordinary course of business. The Company currently is not aware of any legal proceedings or claims that it believes will have, individually or in the aggregate, a material adverse effect on its business, financial condition, operating results, or cash flows.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of June 30, 2026 and March 31, 2026, the Company did not have any significant commitments and contingencies involved, except for the below:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span id="xdx_902_ecustom--StockPurchaseAgreementAnnualRevenueMilestones_c20240724__20240725_z7qGI6KiP0C4" title="Description of milestones for performance period">Pursuant to the Stock Purchase Agreement dated July 25, 2024, the Company is required to issue to the Seller (Lo Yiu Kwok) to an aggregate of 63,000 shares of the Company’s common stock, at a par value of $0.00001 upon the achievement of the milestones by its subsidiary, ASN during the three-years’ period following July 25, 2024 (“Performance Period”)</span> below:</p> <table cellpadding="0" cellspacing="0" id="xdx_884_ecustom--ShareBasedCompensationPerformanceSharesAwardMilestonesTableTextBlock_z7bfoHDY892k" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - COMMITMENTS AND CONTINGENCIES (Details - Performance shares)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8BF_zBkxRfINIS2d" style="display: none">Schedule of performance milestones</span></td><td> </td> <td colspan="3" style="text-align: right"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid">Annual revenue milestones (US$) during Performance Period</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; text-align: right">Number of shares <br/>issuable to the Seller</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td> </td> <td colspan="3" style="text-align: right"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 83%; text-align: left">Equal or above $500,000 and less than $1,000,000</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_988_ecustom--NumberOfSharesIssuableInTransaction_c20240724__20240725__us-gaap--OtherCommitmentsAxis__custom--EqualOrAbove500KAndLessThan1MMember_zCZjRRAWqhtd" style="width: 13%; text-align: right" title="Number of shares per milestone, to be issued">12,600</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Equal or above $1,000,000 and less than $2,000,000</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--NumberOfSharesIssuableInTransaction_c20240724__20240725__us-gaap--OtherCommitmentsAxis__custom--EqualOrAbove1MAndLessThan2MMember_zx97kL3D3wna" style="text-align: right">37,800</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Equal or above $2,000,000</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--NumberOfSharesIssuableInTransaction_c20240724__20240725__us-gaap--OtherCommitmentsAxis__custom--EqualOrAbove2MMember_zoBpi0AT67vb" style="text-align: right">63,000</td><td style="text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company is limited to issue a maximum of <span id="xdx_909_ecustom--MaximumNumberOfSharesIssuableUnderShareBasedPaymentArrangement_c20260401__20260630_zFXUc6WPhaX4" title="Common stock earnout share maximum">63,000</span> shares of the Company’s common stock as earnout shares. The earnout shares, if were issued, classified as equity in accordance with ASC 480 and ASC 815.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Subsequently, the Company’s subsidiary, ASN did not meet with the minimum annual revenue of $500,000 as the performance milestone for the first year from July 26, 2024 to July 25, 2025 and the second year from July 26, 2025 to July 25, 2026 under the Performance Period, therefore <span id="xdx_90A_ecustom--EarnoutSharesIssued_do_c20250726__20260725_zolhZkDhxkMd" title="Earnout shares issued"><span id="xdx_903_ecustom--EarnoutSharesIssued_do_c20240726__20250725_zfMxTT6Y8Z28" title="Earnout shares issued">no</span></span> earnout shares were issued accordingly.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> Pursuant to the Stock Purchase Agreement dated July 25, 2024, the Company is required to issue to the Seller (Lo Yiu Kwok) to an aggregate of 63,000 shares of the Company’s common stock, at a par value of $0.00001 upon the achievement of the milestones by its subsidiary, ASN during the three-years’ period following July 25, 2024 (“Performance Period”) <table cellpadding="0" cellspacing="0" id="xdx_884_ecustom--ShareBasedCompensationPerformanceSharesAwardMilestonesTableTextBlock_z7bfoHDY892k" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - COMMITMENTS AND CONTINGENCIES (Details - Performance shares)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8BF_zBkxRfINIS2d" style="display: none">Schedule of performance milestones</span></td><td> </td> <td colspan="3" style="text-align: right"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid">Annual revenue milestones (US$) during Performance Period</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; text-align: right">Number of shares <br/>issuable to the Seller</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td> </td> <td colspan="3" style="text-align: right"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 83%; text-align: left">Equal or above $500,000 and less than $1,000,000</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_988_ecustom--NumberOfSharesIssuableInTransaction_c20240724__20240725__us-gaap--OtherCommitmentsAxis__custom--EqualOrAbove500KAndLessThan1MMember_zCZjRRAWqhtd" style="width: 13%; text-align: right" title="Number of shares per milestone, to be issued">12,600</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Equal or above $1,000,000 and less than $2,000,000</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--NumberOfSharesIssuableInTransaction_c20240724__20240725__us-gaap--OtherCommitmentsAxis__custom--EqualOrAbove1MAndLessThan2MMember_zx97kL3D3wna" style="text-align: right">37,800</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Equal or above $2,000,000</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--NumberOfSharesIssuableInTransaction_c20240724__20240725__us-gaap--OtherCommitmentsAxis__custom--EqualOrAbove2MMember_zoBpi0AT67vb" style="text-align: right">63,000</td><td style="text-align: left"> </td></tr> </table> 12600 37800 63000 63000 0 0 <p id="xdx_803_eus-gaap--SubsequentEventsTextBlock_zsiacv9wmMM1" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>16.       <span id="xdx_825_zYFslxqHLo26">SUBSEQUENT EVENTS</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In accordance with ASC Topic 855, “<i>Subsequent Events</i>”, which establishes general standards of accounting for and disclosure of events that occur after the balance sheet date but before financial statements are issued, the Company has evaluated all events or transactions that occurred after June 30, 2026, up through the date the Company issued the unaudited condensed consolidated financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On August 3, 2026, The Company received the Notice and agreed to issue Mr. Huang Hsiang-An 29,304 shares of its common stock at the price of $3.50 per share, equal to $102,564 to settle convertible debts payable.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On September 11, 2026, the Company approved to issue 8,695,652 and 5,652,174 shares of its common stock to settle the services rendered by a related party, with the service costs totaling $990,000 over the terms of six to eight months.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> false false false false Represents the foreign income tax rate differential when compared to U.S. statutory income tax rate for the three months ended June 30, 2026 and 2025.