Annual Report for Fiscal Year Ending 02-28, 2025 (Form 10-K)

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The following discussion should be read in conjunction with our audited financial statements and notes thereto included herein. In connection with, and because we desire to take advantage of, the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, we caution readers regarding certain forward-looking statements in the following discussion and elsewhere in this report and in any other statement made by, or on our behalf, whether or not in future filings with the Securities and Exchange Commission. Forward-looking statements are statements not based on historical information and which relate to future operations, strategies, financial results or other developments. Forward looking statements are necessarily based upon estimates and assumptions that are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control and many of which, with respect to future business decisions, are subject to change. These uncertainties and contingencies can affect actual results and could cause actual results to differ materially from those expressed in any forward-looking statements made by, or our behalf. We disclaim any obligation to update forward-looking statements.

Results of Operations

Sales

From last quarter of the fiscal year ended February 28, 2018, we started to promote and sell our new cosmetic products in the United States market. We purchase the Acropass Products and other Products from an affiliated company in China. In the beginning of 2020, the Company ceased the marketing and selling of cosmetic products in the United States. From the third quarter of year ended February 29, 2020, the company started to provide technical support services in connection with nutritionally oriented food that include Sea-Buckthourn and Organic Spouting Powder. We recognized Nil of revenue during the fiscal year ended February 28, 2025 and February 29, 2024 respectively. The result was primarily due to slow down in new business line.

Operating expense

The major components of our expenses for the fiscal years ended February 28, 2025 and February 29, 2024 are outlined in the table below:

Our operating expenses decreased by $7,693 for the year ended February 28, 2025, compared to the fiscal year ended February 29, 2024. The decrease was mainly due to a decrease of $5,000 in accounting and audit expenses and decrease of $2,420 in legal service fee.

Other income

Other income is Nil and Nil for the year ended February 28, 2025 and February 29, 2024, respectively.

Net Loss

During the years ended February 28, 2025 and February 29, 2024, the Company realized a net loss of $59,672 and $67,365, respectively.

Liquidity and Capital Resources

The increase in the Company's working capital deficit between the fiscal years ended February 28, 2025 and February 29, 2024 was mainly due to the increase of total $69,699 due to related party.

Cash Flows

The table below, for the periods indicated, provides selected cash flow information:

Cash Flows from Operating Activities

During the fiscal year ended February 28, 2025, we incurred a net loss of $59,672, compare to a net loss of $67,365 during the fiscal year ended February 29, 2024. During the fiscal year ended February 28, 2025, we used $69,819 in operating activities compared to $63,890 during the fiscal year ended February 29, 2024, the operating cash use increase is mainly due to small increase of professional fee due.

Cash Flows from Investing Activities

We did not spend funds in investing activities during the year ended February 28, 2025 and February 29, 2024.

Cash Flows from Financing Activities

During the year ended February 28, 2025, we generated $69,699 in financing activities compared to $61,653 during the year ended February 29, 2024, the decrease is due to proceed decrease from the CEO.

Going Concern

The audit report of the Company's independent registered accounting firm includes a matter of emphasis related to our ability to continue as a going concern.

Off-Balance Sheet Arrangements

We have no off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to stockholders.