NON-CONTROLLING INTEREST

12 Months Ended

Oct. 31, 2023

NON-CONTROLLING INTEREST

NON-CONTROLLING INTEREST

NOTE 13 – NON-CONTROLLING INTEREST

As of October 31, 2023, two third party individuals owned 0.2% of the equity interests of Hengbang Insurance, which is not under the Company’s control. The following was a summary of non-controlling interest activities in the years ended October 31, 2023, 2022 and 2021.

	Amount
Non-controlling interest at October 31, 2020	$	495
Net loss attributable to non-controlling interest		(28)
Foreign currency translation adjustment attributable to non-controlling interest		22
Non-controlling interest at October 31, 2021		489
Net loss attributable to non-controlling interest		(32)
Foreign currency translation adjustment attributable to non-controlling interest		(57)
Non-controlling interest at October 31, 2022		400
Net loss attributable to non-controlling interest		(5)
Foreign currency translation adjustment attributable to non-controlling interest		(1)
Non-controlling interest at October 31, 2023	$	394