NOTE 7 - LAND USE RIGHTS

3 Months Ended

Jul. 31, 2022

Notes

NOTE 7 - LAND USE RIGHTS

NOTE 7 – LAND USE RIGHTS

As of July 31, 2022 and April 30, 2022, land use rights consisted of the following:

(Estimated Life)	July 31, 2022	April 30, 2022
Land use rights (33 Years)	1,967,675	2,012,115
Less: accumulated amortization	(75,680)	(61,911)
Land use rights, net	1,891,995	1,950,204

The Company acquired the land use rights for Qufu Shengren factory in a total of RMB13,256,420 (approximately $2,052,000) on May 18, 2021. For the three months ended July 31, 2022 and 2021, amortization expense amounted to $15,202 and $15,825, respectively.