| SCHEDULE OF RELATED PARTIES RELATIONSHIP WITH COMPANY |
SCHEDULE OF RELATED PARTIES RELATIONSHIP WITH COMPANY
| Name
of Related Parties |
|
Relationship
with the Company |
| Zhida
Hong |
|
President,
CEO, and a director of the Company |
| Hongye
Financial Consulting (Shenzhen) Co., Ltd. |
|
A
company controlled by CEO, Mr. Zhida Hong |
| Bihua
Yang |
|
A
legal representative of Shenzhen Xin Kuai Jie Transportation (“XKJ”) |
| Jinlong
Huang |
|
Management
of Dongguan Heng Sheng Wei Garments Co., Ltd (“HSW”) |
|
| SCHEDULE OF RELATED PARTY BALANCES |
The
Company had the following related party balances as of December 31, 2025 and March 31, 2025:
SCHEDULE
OF RELATED PARTY BALANCES
| Amount
due from related party | |
December
31, 2025 | | |
March
31, 2025 | |
| Zhida
Hong (1) | |
$ | 3,943,541 | | |
$ | 2,856,262 | |
| Bihua
Yang (2) | |
| 1,380,198 | | |
| 1,426,867 | |
| Amount
due from related party | |
$ | 5,323,739 | | |
$ | 4,283,129 | |
| Related
party borrowings | |
December
31, 2025 | | |
March
31, 2025 | |
| Hongye
Financial Consulting (Shenzhen) Co., Ltd. | |
| 99,819 | | |
| 39,174 | |
| Jinlong
Huang | |
| 116,689 | | |
| 122,420 | |
| Amount
due to related party | |
$ | 216,508 | | |
$ | 161,594 | |
| |
(1) |
The
increase of related party from Zhida Hong was short term loan to Zhida Hong, which is interest-free and would be repaid in one year.
|
| |
|
|
| |
(2) |
The
decrease of related party debt from Bihua Yang was mainly due to the repayment from Bihua Yang. |
|