Related Party Transactions (Tables)

12 Months Ended

Jul. 31, 2024

Related Party Transactions [Abstract]

Schedule of the Major Related Parties

The table below sets forth the major related parties and their relationships with the Company, with which the Company entered into transactions during the years ended July 31, 2024 and 2023, or recorded balances as of July 31, 2024 and 2023:

Name	Relationship with the Company
Mr. Jun Liu	The Chief Executive Officer of the Company
Huaya	Wholly owned by Mr. Pishan Chi, the former Chief Executive Officer of the Company
Asia International Securities Exchange Co., Ltd.	Wholly owned by Mr. Jun Liu
Zachary Group LLC (“Zachary Group”)	Wholly owned by Mr. Jun Liu

Schedule of Due from Related Parties

2)Transactions with related parties

	As of July 31,
	2024		2023
Provision of consulting services to related parties
Asia International Securities Exchange Co., Ltd.	$	200,000	$	1,300,000
	$	200,000	$	1,300,000

As of July 31, 2024 and 2023, the balances due from related parties were as follows:

	As of July 31,
	2024		2023
Accounts receivable:
Asia International Securities Exchange Co., Ltd.	$	200,000	$	600,000
	$	200,000	$	600,000
Other receivable:
Asia International Securities Exchange Co., Ltd. (a)	$	900,000	$	-
Huaya		-		40,539
	$	900,000	$	40,539

(a)	During the year ended July 31, 2024, the Company also made a prepayment of $900,000 to Asia International Securities Exchange Co., Ltd. for security purchase. However the transaction was subsequently canceled. The Company expected to collect the prepayments before November 30, 2024.
(b)	During the year ended July 31, 2023, the Company provided full provision of $762,000 against accounts receivable due from Huaya because the management assessed the collection was remote. For the year ended July 31, 2024, Huaya paid salaries of $19,103 on behalf of the Company, and the Company reversed provision of $19,103 against accounts receivable due from Huaya.

As of July 31, 2024 and 2023, the balances due to related parties were as follows:

	As of July 31,
	2024		2023
Other payables:
Asia International Securities Exchange Co., Ltd.	$	-	$	729,968
	$	-	$	729,968