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OTHER NONCURRENT LIABILITIES
6 Months Ended
Sep. 30, 2024
OTHER NONCURRENT LIABILITIES  
OTHER NON-CURRENT LIABILITIES

NOTE 7 – OTHER NON‑CURRENT LIABILITIES

 

Other non‑current liabilities consisted of the following as of September 30, 2024 and March 31, 2024:

 

 

 

As of

September 30,

 

 

As of

March 31,

 

 

 

2024

 

 

2024

 

Loan payable to the third parties

 

$158,347

 

 

$-

 

Total

 

$158,347

 

 

$-

 

 

On July 24, 2024, the Company entered into another agreement with a third party to borrow aggregate loan of $0.16 million (RMB 1.1 million) for one year with due date on July 23, 2026. The loans all bear a fixed interest rate of 4.62% on the date of drawing per annum. The loan facility agreements are all unsecured.