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Concentration of Risk
6 Months Ended
Nov. 30, 2024
Risks and Uncertainties [Abstract]  
Concentration of Risk

Note 6. Concentration of Risk

 

(a) Major Customers

 

For the three months and six months ended November 30, 2024 and 2023, there was no customers who accounted for 10% or more of the Company’s revenue nor with significant outstanding receivables.

 

 

(b) Major Suppliers

 

For the three months and six months ended November 30, 2024 and 2023, the vendors who accounted for 10% or more of the Company’s total purchase are presented as follows:

 

   For The Three Months Ended
November 30,
   For The Three Months Ended
November 30,
 
   2024   2023   2024   2023 
   $   $   %   % 
Foshanshi Yuansheng Blue Sea Automobile Technology Service Co., Ltd   32,149    97,513    97%   16%
Hubei Shuqi New Technology Co., Ltd   -    157,180    -    21%
Guangzhou Kashide Car Accessories Co., Ltd   218    7,960    1%   4%
Bingzhou Yunfei New Energy Co., Ltd   -    77,003    -    23%
Total   32,367    339,656    98%   64%

 

   For The Six Months Ended
November 30,
   For The Six Months Ended
November 30,
 
   2024   2023   2024   2023 
   $   $   %   % 
Foshanshi Yuansheng Blue Sea Automobile Technology Service Co., Ltd   60,817    162,839    58%   36%
Hubei Shuqi New Technology Co., Ltd   -    330,846    -    7%
Guangzhou Kashide Car Accessories Co., Ltd   452    17,731    1%   14%
Bingzhou Yunfei New Energy Co., Ltd   -    77,003    -    14%
Total   61,269    588,419    59%   71%