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DEBT SECURITIES HELD-TO-MATURITY | 12 Months Ended
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Mar. 31, 2026
Investments, Debt and Equity Securities [Abstract] |
DEBT SECURITIES HELD-TO-MATURITY |
8. | DEBT SECURITIES HELD-TO-MATURITY
SCHEDULE OF DEBT SECURITIES HELD TO MATURITY
|  | March 31, 2026 |  |  | March 31, 2025 |
Debt securities held-to-maturity |  | $ | 12,000,000 |  |  | $ | 17,500,000 |
The Company purchased a note issued by a third-party investment company on August 24, 2022 with a principal amount of $17.5 million. The note bears interest at 2.5% per annum and is renewable on an annual basis. The debt is guaranteed by Hongye Financial Consulting (Shenzhen) Co., Ltd., a company controlled by the Company’s CEO, Mr. Hong Zhida. As of March 31, 2026 and 2025, accrued coupon interest receivable amounted to $437,500 and $437,500, respectively. On March 30, 2026, the Company completed the acquisition of 62.18% of the outstanding ordinary shares of Keemo Fashion Group Limited (“Keemo Fashion”) (Note 5). As consideration for the acquisition, the Company transferred a portion of the note with a principal amount of approximately $5.5 million to the seller. Following the transfer, the remaining principal balance of the debt security held by the Company was $12.0 million as of March 31, 2026.

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- Definition The entire disclosure for investment in debt and equity securities and other assets at fair value and held for trading. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 942 -SubTopic 320 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/942-320/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 940 -SubTopic 320 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/940-320/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1403 -Paragraph b -Publisher SEC Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 320 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/320/tableOfContent Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-10 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6B -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-6B Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6B -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-6B + Details
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