XML 56 R26.htm IDEA: XBRL DOCUMENT v3.24.2
SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Mar. 31, 2024
SIGNIFICANT ACCOUNTING POLICIES  
Schedule of property and equipment net

 

 

Useful Lives

Buildings

 

20 years

Furniture, fixture and electronic equipment

 

3-10 years

Schedule of estimated useful lives of intangible assets

 

 

Useful life

Proprietary technology

 

5 years

Schedule of our sales from our product lines

 

 

For the years ended March 31,

 

 

 

2024

 

 

2023

 

 

2022

 

Automobile

 

$6,544,819

 

 

$23,332,223

 

 

$20,758,645

 

Revenue

 

$6,544,819

 

 

$23,332,223

 

 

$20,758,645

 

Schedule of foreign currency translation

 

 

 

March 31,

2024

 

 

 

March 31,

2023

 

 

 

March 31,

2022

 

Period-end spot rate

 

 

US$1=RMB 7.0950

 

 

 

US$1=RMB 6.8717

 

 

 

US$1=RMB 6.3482

 

Average rate

 

 

US$1=RMB 7.1157

 

 

 

US$1=RMB 6.8855

 

 

 

US$1=RMB 6.4083