| SCHEDULE OF RELATED PARTIES RELATIONSHIP WITH COMPANY |
SCHEDULE
OF RELATED PARTIES RELATIONSHIP WITH COMPANY
| Name
of Related Parties |
|
Relationship
with the Company |
| Hong Zhida |
|
President, CEO, and a director of the Company |
| Hongye Financial Consulting (Shenzhen) Co., Ltd. |
|
A
company controlled by CEO, Mr. Hong Zhida |
| Bihua Yang |
|
A legal representative
of Shenzhen Xin Kuai Jie Transportation Co., Ltd (“XKJ”) |
| Jinlong Huang |
|
Management of Dongguan
Heng Sheng Wei Garments Co., Ltd (“HSW”) |
| Wu
Rui and Riches Affiliated Parties (1) |
|
Mr. Wu Rui is the Chief
Operating Officer of the Company. The Riches Affiliated Parties are affiliated with Mr. Wu Rui and were involved in the Company’s
related-party share exchange transaction. |
| KMFG’s related parties |
|
KMFG’s shareholders,
directors and related parties |
| Or
Shan Shan |
|
Director
of Time Is Loan Limited (“TIL”) |
| |
(1) |
For purposes of this section,
“Riches Affiliated Parties” refers to Riches FO Holdings Limited, Riches Family Office Limited and Riches Elite Technology
(Shenzhen) Co., Ltd. Riches FO Holdings Limited is controlled by Mr. Wu Rui, the Company’s Chief Operating Officer, and was
the seller in the Company’s related-party share exchange transaction involving Riches Family Office Limited. Riches Elite Technology
(Shenzhen) Co., Ltd. is the operating subsidiary of Riches Family Office Limited. |
|
| SCHEDULE OF RELATED PARTY BALANCES |
The
Company had the following related party balances as of June 30, 2026 and March 31, 2026:
SCHEDULE
OF RELATED PARTY BALANCES
| Amount due from related party | |
June 30, 2026 | | |
March 31, 2026 | |
| Hong Zhida (1) | |
$ | 3,429,932 | | |
$ | 3,626,417 | |
| Bihua Yang (2) | |
| 1,416,034 | | |
| 1,369,355 | |
| Director of Time Is Loan Limited | |
| 6,646 | | |
| - | |
| Riches affiliated companies | |
| 335,603 | | |
| 623,100 | |
| Amount due from related
party | |
$ | 5,188,215 | | |
$ | 5,618,872 | |
| Related party borrowings | |
June 30, 2026 | | |
March 31, 2026 | |
| Hongye Financial Consulting (Shenzhen) Co., Ltd. | |
| 169,863 | | |
| 101,322 | |
| Jinlong Huang | |
| 121,538 | | |
| 118,734 | |
| Riches’ affiliated companies | |
| 19,749 | | |
| 306,946 | |
| KMFG’s related parties | |
| 554,023 | | |
| 554,478 | |
| Related party borrowings | |
$ | 865,173 | | |
$ | 1,081,480 | |
| |
(1) |
The decrease of related
party from Hong Zhida was mainly due to the repayment from Hong Zhida. |
| |
|
|
| |
(2) |
The increase of related
party debt from Bihua Yang was mainly due to the cash paid in advance to Bihua Yang. During the quarter ended June 30, 2026, the
Company provided a short term loan of approximately $0.25 million to Bihua Yang and received repayment of approximately $0.21 million
from him. |
|