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Lease

6 Months Ended

Sep. 30, 2024

Lease

Lease

10. Lease

Schedule of Operating Right of Use Asset Net

		March 31,				Increase/				Exchange rate				September 30,
		2024				(Decrease)				translation				2024
Shenzhen Wan		$	205,101			$	—				—				—
Longcheng Car			96,446				—				—				—
Total right-of-use assets, at cost			301,547				—				—				—
Less: accumulated amortization			(301,547	)			—				—				—
Right-of-use assets, net		$	—			$	—				—				—

The Company recognized no lease expenses for the six months ended September 30, 2024.

The operating lease liabilities is the net present value of the remaining lease payments as of September 30, 2024 and March 31, 2024.

For the six months ended September, 2024 and 2023, the amortized expenses were $0 and $93,081, respectively. For the six months ended September, 2024 and 2023, the operating lease expenses were $41,728 and $95,456, pertaining to short-term leases. For the six months ended September 30, 2024, the Company did not amortize any expenses as all long-term leases have expired during the year ended March 31, 2024.

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- References

No definition available.

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- Definition

The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/842-20/tableOfContent

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