XML 42 R28.htm IDEA: XBRL DOCUMENT v3.24.4
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Nov. 30, 2024
Accounting Policies [Abstract]  
Schedule of Ownership Interest in Subsidiaries

The following table sets forth its subsidiaries and the VIE, including their country of incorporation or residence and our ownership interest in such subsidiaries. Please see “Note 4 VIE Structure and Arrangements”.

 

Entity Name  Date of Incorporation  Parent Entity 

Interest

%

  Nature of Operation  Place of Incorporation
CXJ Investment Group Company Ltd
(BVI CXJ)
  2020/2/19  US CXJ  100%  Investment holding  British Virgin Islands
CXJ (HK) Technology Group Company Ltd
(HK CXJ)
  2020/3/11  BVI CXJ  100%  Investment holding  Hong Kong, PRC
CXJ (Shenzhen) Technology Co., Ltd
(SZ CXJ)
  2020/5/26  HK CXJ  100%  Investment holding  PRC
VIE:               
CXJ Technology (Hangzhou) Co., Ltd
(HZ CXJ)
  2019/3/28  SZ CXJ  100%  Trading, brand name management fee and consultancy services  PRC
Qingdao Hong Run Kuo Ye Network Technology Co., Ltd
(QD CXJ)
  2019/8/19  HZ CXJ  100%  Trading and consultancy services  PRC
Xishijie Automobile Industry Ecology Technology Co., Ltd (formerly known as Shenzhen Lanbei Ecological Technology Co., Ltd)
(SZ Lanbei)
  2020/10/28  HZ CXJ  51%  Trading and consultancy services  PRC
Longkou Xianganfu Trading Co., Ltd.
(Longkou CXJ)
  2018/4/23  SZ CXJ  100%  Trading and consultancy services  PRC
Schedule of Exchange Rates

Translation of amounts from RMB into US$1 has been made at the following exchange rates for the respective periods:

 

   2024   2023 
   As of and for the
six months ended November 30,
 
   2024   2023 
Period-end RMB: US$1 exchange rate   7.24    7.24 
Period-average RMB: US$1 exchange rate   7.12    7.21