PROPERTY, PLANT AND EQUIPMENT, NET (Tables)

12 Months Ended

Jul. 31, 2020

PROPERTY, PLANT AND EQUIPMENT, NET

Summary of property and equipment stated at cost less accumulated depreciation

Property and equipment, net, consisted of the following:

	As of July 31,
	2020		2019
Furniture, fixtures and equipment	$	980,188	$	98,615
Leasehold improvement		1,737,898		—
Vehicles		731,782		—
Total		3,449,868		98,615
Less: Impairment of fixed assets		(173,799)		—
Less: accumulated depreciation		(652,678)		(49,586)
Property and equipment, net	$	2,623,391	$	49,029