Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405]

Table of Contents

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

☒ ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended: April 30, 2024

☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT

For the transition period from _____________ to ____________

Commission File Number: 333-218733

YIJIA GROUP CORP.

(Exact name of small business issuer as specified in its charter)

Nevada

35-2583762

(State or other jurisdiction

of incorporation)

(IRS Employer

Identification No.)

39 E Broadway, Suite 603, New York, NY 10002

(Address of principal executive offices) (Zip Code)

+1-919-869-0279

(Registrant’s telephone number, including area code)

N/A

(Former name, former address and former fiscal year, if changed since last report)

Securities registered pursuant to Section 12(b) of the Exchange Act: None.

Securities registered under Section 12(g) of the Exchange Act: None.

Indicate by check mark if registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☐ No ☒

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐ No ☒

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer	☐	Accelerated filer	☐
Non-accelerated filer	☒	Smaller reporting company	☒
		Emerging growth company	☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. ☐

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant include in the filing reflect the correction of an error to previously issued financial statements. ☐

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒

The aggregate market value of the voting and non-voting common equity held by non-affiliates, as of the last business day of the registrant’s most recently completed second fiscal quarter cannot be determined as no quotation was posted on the OTC Markets under the symbol (“YJGJ”)

As of July 29, 2024, the Registrant had 25,012,270 shares of common stock, $0.001 par value, issued and outstanding.

DOCUMENTS INCORPORATED BY REFERENCE

None.

TABLE OF CONTENTS

		Page
CAUTIONARY NOTE ABOUT FORWARD-LOOKING STATEMENTS		ii
PART I
Item 1.	Business	1
Item 1A.	Risk Factors	3
Item 1B.	Unresolved Staff Comments	3
Item 1C.	Cybersecurity	3
Item 2.	Properties	3
Item 3.	Legal Proceedings	3
Item 4.	Mine Safety Disclosures	3

PART II
Item 5.	Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities	4
Item 6.	[Reserved]	5
Item 7.	Management’s Discussion and Analysis of Financial Condition and Results of Operation	5
Item 7A.	Quantitative and Qualitative Disclosures about Market Risk	12
Item 8.	Financial Statements and Supplementary Data	12
Item 9.	Changes In and Disagreements With Accountants on Accounting and Financial Disclosure	13
Item 9A.	Controls and Procedures	13
Item 9B.	Other Information	14
Item 9C.	Disclosure Regarding Foreign Jurisdictions that Prevent Inspections	14

PART III
Item 10.	Directors, Executive Officers and Corporate Governance	15
Item 11.	Executive Compensation	17
Item 12.	Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters	19
Item 13.	Certain Relationships and Related Transactions, and Director Independence	19
Item 14.	Principal Accountant Fees and Services	20

PART IV
Item 15.	Exhibit and Financial Statement Schedules	21
Item 16.	Form 10-K Summary	21
SIGNATURES		22

In this Annual Report on Form 10-K (this “Annual Report”), unless otherwise stated or as the context otherwise requires, references to “Yijia Group Corp.,” “Yijia,” “YJGJ,” the “Company,” “we,” “us,” “our” and similar references refer to Yijia Group Corp., a Nevada corporation. Our logo and other trademarks or service marks of the Company appearing in this Annual Report are the property of Yijia Group Corp. This Annual Report also contains registered marks, trademarks and trade names of other companies. All other trademarks, registered marks and trade names appearing in this Annual Report are the property of their respective holders.

CAUTIONARY NOTE ABOUT FORWARD-LOOKING STATEMENTS

The information contained in this Annual Report includes some statements that are not purely historical and that are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and as such, may involve risks and uncertainties. These forward-looking statements relate to, among other things, expectations of the business environment in which we operate, perceived opportunities in the market and statements regarding our mission and vision. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. You can generally identify forward-looking statements as statements containing the words “anticipates,” “believes,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “might,” “plans,” “possible,” “potential,” “predicts,” “projects,” “seeks,” “should,” “will,” “would” and similar expressions, or the negatives of such terms, but the absence of these words does not mean that a statement is not forward-looking.

Forward-looking statements involve risks and uncertainties that could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements. The forward-looking statements contained herein are based on various assumptions, many of which are based, in turn, upon further assumptions. Our expectations, beliefs and forward-looking statements are expressed in good faith on the basis of management’s views and assumptions as of the time the statements are made, but there can be no assurance that management’s expectations, beliefs or projections will result or be achieved or accomplished.

In addition to other factors and matters discussed elsewhere herein, the following are important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements: technological advances, impact of competition, dependence on key personnel and the need to attract new management, effectiveness of cost and marketing efforts, acceptances of products, ability to expand markets and the availability of capital or other funding on terms satisfactory to us. We disclaim any obligation to update forward-looking statements to reflect events or circumstances after the date hereof.

For a discussion of the risks, uncertainties, and assumptions that could affect our future events, developments or results, you should carefully review the “Risk Factors” set forth under “Item 1. Business” below. In light of these risks, uncertainties and assumptions, the future events, developments or results described by our forward-looking statements herein could turn to be materially different from those we discuss or imply.

PART I

Item 1. Business.

The Company was incorporated on January 25, 2017 under the laws of the State of Nevada. On November 15, 2018, the Company changed its name to Yijia Group Corp. The Company is in good standing in the State of Nevada and in any jurisdiction where it is qualified to do business.

Starting from July 30, 2021, the Company commenced its operation in the rendering of business consulting service to domestic and international customers. The Company provides consulting services to its clients with regards to funding and other financial matters.

On November 9, 2023, the Company founded Nutripeak Trading Corporation, a wholly owned subsidiary incorporated in Nevada. Nutripeak Trading Corporation was established with the purpose of marketing and supplying healthcare products.

Corporate Organization Chart

A blue and white rectangular box with text

Description automatically generated

Our products

Our core products are anti-aging products that increase NAD+ levels. By boosting NAD+ levels, these products can promote anti-aging, enhance energy metabolism, improve cognitive function, and strengthen cellular repair capabilities.

Our services

In addition to offering anti-aging products, our company provides professional health consultation services. Our health advisors can offer personalized health advice and recommend supplements tailored to each customer's needs. We design customized nutrition and wellness plans based on customers' physical conditions, health goals, and lifestyle habits.

Revenue Stream

The Company currently earns revenues from the following segments.

The Consulting Service Segment mainly provides consulting advisory services in management business, accounting and finance services; and the Healthcare Segment mainly provides healthcare products and health consultation services to customers.

Sales and Marketing

Our company employs various sales and marketing strategies to promote our anti-aging products. We utilize e-commerce platforms, our own website, brick-and-mortar stores, social media, and direct sales. This multi-channel approach ensures that consumers with different shopping habits can access our anti-aging products and truly experience their benefits.

Competition

In response to intense market competition, our company focuses on continuous product innovation and development. We strengthen our brand through advertising, participation in trade shows, and sponsoring public welfare projects. We also build alliances with hospitals, clinics, and health management institutions. Flexible pricing strategies, including promotions, coupons, and discounts, are employed to attract customers. Expanding into international markets reduces reliance on a single market and opens up new opportunities. These initiatives enable us to navigate the competitive landscape effectively.

Number of Employees

Other than our sole officers, the Company currently has 1 full-time employee. We currently have people ready to fill positions as soon as they are needed in both office staff and work force roles.

Research and Development

We have not incurred any research and development costs in the fiscal years ended April 30, 2024 and 2023.

Insurance

We do not maintain insurance and do not intend to maintain insurance in the future. Because we do not have insurance, if we are made a party to any action, we may not have sufficient funds to defend the litigation. If that occurs a judgment could be rendered against us that could cause us to cease operations.

Government Regulation

We will be required to comply with all regulations, rules and directives of governmental authorities and agencies applicable to the export and import of work wear and operation of any facility in any jurisdiction in which we would conduct activities. We do not believe that government regulation will have a material impact on the way we conduct our business. We do not need to receive any government approvals to conduct our business. However, we will have to comply with all applicable export and import regulations should we recommence our operations.

Item 1A. Risk Factors.

As a “smaller reporting company,” as defined by Rule 12b-2 of the Exchange Act, we are not required to provide the information in this Item.

Item 1B. Unresolved Staff Comments.

None.

Item 1C. Cybersecurity.

We acknowledge the increasing importance of cybersecurity in today’s digital and interconnected world. Cybersecurity threats pose significant risks to the integrity of our systems and data, potentially impacting our business operations, financial condition and reputation.

As a smaller reporting company, we currently do not have formalized cybersecurity measures, a dedicated cybersecurity team or specific protocols in place to manage cybersecurity risks. Our approach to cybersecurity is in the developmental stage, and we have not yet conducted comprehensive risk assessments, established an incident response plan or engaged with external cybersecurity consultants for assessments or services.

Given our current stage of cybersecurity development, we have not experienced any significant cybersecurity incidents to date. However, we recognize that the absence of a formalized cybersecurity framework may leave us vulnerable to cyberattacks, data breaches and other cybersecurity incidents. Such events could potentially lead to unauthorized access to, or disclosure of, sensitive information, disrupt our business operations, result in regulatory fines or litigation costs and negatively impact our reputation among customers and partners.

We are in the process of evaluating our cybersecurity needs and developing appropriate measures to enhance our cybersecurity posture. This includes considering the engagement of external cybersecurity experts to advise on best practices, conducting vulnerability assessments and developing an incident response strategy. Our goal is to establish a cybersecurity framework that is commensurate with our size, complexity and the nature of our operations, thereby reducing our exposure to cybersecurity risks.

In addition, the Board will oversee any cybersecurity risk management framework and a dedicated committee of the Board or an officer appointed by the Board will review and approve any cybersecurity policies, strategies and risk management practices.

Despite our efforts to improve our cybersecurity measures, there can be no assurance that our initiatives will fully mitigate the risks posed by cyber threats. The landscape of cybersecurity risks is constantly evolving, and we will continue to assess and update our cybersecurity measures in response to emerging threats.

Item 2. Properties.

Our principal executive offices are located at 39 E Broadway, Suite 603, New York, NY 10002. Our telephone number is (919) 869-0279.

Item 3. Legal Proceedings.

We know of no material, existing or pending legal proceedings against us, nor are we involved as a plaintiff in any material proceeding or pending litigation, and there are no proceedings in which any of our directors, officers or affiliates, or any registered or beneficial stockholder, is an adverse party or has a material interest adverse to our Company.

Item 4. Mine Safety Disclosures.

Not applicable.

PART II

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.

Market Information

Our common stock is quoted on the Pink Open Market under the symbol “YJGJ.” Our common stock is not listed on any national exchange. Over-the-counter market quotations for our common stock reflect inter-dealer prices, without retail mark-up, mark-down or commission and may not necessarily represent actual transactions.

Holders

There were 62 holders of the Company’s common stock as of July 29, 2024. This figure does not include holders of shares registered in “street name” or persons, partnerships, associates, corporations or other entities identified in security position listings maintained by depositories.

Dividends

We have not declared any cash dividends on our common stock since our inception and do not anticipate paying any dividends in the foreseeable future. We plan to retain future earnings, if any, for use in our business. Any decisions as to future payments of dividends will depend on our earnings and financial position and such other facts, as the Board deems relevant.

Securities Authorized under Equity Compensation Plans

We do not have any equity compensation plans and, consequently, no shares are authorized for issuance under such a plan.

Reports to Stockholders

We are currently subject to the information and reporting requirements of the Exchange Act and will continue to file periodic reports, and other information with the SEC.

Transfer Agent

The transfer agent and registrar for the Company’s common stock is Action Stock Transfer Corporation at 2469 E. Fort Union Blvd, Suite 214 Salt Lake City, UT 84121. The telephone number is: (801) 274-1088.

Recent Sales of Unregistered Equity Securities

Issuance of common stock

In January 2024, the Company issued 19,141,020 shares of common stock at a cash price of $0.05 per share for the total proceeds of $957,051 in the private placement.

Shares to be issued

On January 8, 2024, the Company granted 5,000 common stocks issuable per month in total of 60,000 common stocks to the Chief Financial Officer - Steve Niu at fair value of $0.05 per share, subject to vesting condition in completion of one year of service. As of April 30, 2024, the Company’s common stock issuable totaled 20,000.

Purchases of Equity Securities by the Issuer and Affiliated Purchasers

None.

Additional Information

We are a reporting issuer, subject to the Exchange Act. Our Quarterly Reports, Annual Reports, and other filings can be obtained from the SEC’s Public Reference Room at 100 F Street, NE., Washington, DC 20549, on official business days during the hours of 10 a.m. to 3 p.m. You may also obtain information on the operation of the Public Reference Room by calling the SEC at 1-800-SEC-0330. The SEC maintains an Internet site that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the SEC at www.sec.gov.

Item 6. [Reserved]

None.

Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operation.

The following discussion of our results of operations and cash flows for the years ended April 30, 2024 and 2023, and financial conditions as of April 30, 2024, and 2023 should be read in conjunction with our consolidated financial statements and the related notes included elsewhere in this Form 10-K.

Forward looking statement notice

Statements made in this Form 10-K that are not historical or current facts are "forward-looking statements" made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 (the "Act") and Section 21E of the Securities Exchange Act of 1934. These statements often can be identified by the use of terms such as "may," "will," "expect," "believe," "anticipate," "estimate," "approximate" or "continue," or the negative thereof. We intend that such forward-looking statements be subject to the safe harbors for such statements. We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and important factors beyond our control that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.

Financial information contained in this report and in our financial statements is stated in United States dollars and are prepared in accordance with United States generally accepted accounting principles.

Corporate Overview

The Company was incorporated on January 25, 2017 under the laws of the State of Nevada, United States of America, formerly known as Soldino Group Corp. On November 15, 2018, the Company changed its name to Yijia Group Corp. The Company is in good standing in the State of Nevada and in any jurisdiction where it is qualified to do business.

The Company currently engages in the rendering of business consulting service to domestic and international customers. The Company provides consulting services to its clients with regards to funding and other financial matters; and provides healthcare products and health consultation services to domestic and international customers.

On June 6, 2023, the Company’s major shareholder and director, Barry Sytner entered into a securities purchase agreement (the “Securities Purchase Agreement”) with Xianchang Ma (“Mr. Ma”), pursuant to which Barry Sytner sold 5,066,250 shares of common stock of the Company to Mr. Ma, constituting approximately 86.3% of the issued and outstanding shares of the Company as of May 2, 2023, for a total consideration of $470,562, derived from the purchaser’s personal funds. The Securities Purchase Agreement was closed on June 14, 2023. Following the closing, Mr. Ma acquired a beneficial interest in 5,066,250 shares of common stock of the Company constituting approximately 86.3% of the issued and outstanding shares of the Company as of May 2, 2023 and constituting the change of control of the Company. Pursuant to the Securities Purchase Agreement, Barry Sytner has resigned from all his positions with the Company, and Mr. Ma was appointed as the Chief Executive Officer, President, Chief Financial Officer and Director of the Company, effective from June 14, 2023.

Mr. Ma passed away on August 3, 2023. On September 12, 2023, Ms. Caihong Qu, Mr. Xianchang Ma’s sole heir, was allocated 5,066,250 shares of the Company’s common stock at a consideration of $Nil through operation of law. Upon completion of this transfer, Ms. Qu possessed 5,066,250 shares of common stock of the Company, constituting approximately 86.3% of the issued and outstanding shares of the Company as of September 12, 2023 and constituting control of the Company at that time. Effective September 13, 2023, the Board comprised Ms. Qiuping Lu and Mr. Ruiming Zhou. Ms. Qiuping Lu was appointed as the Chief Executive Officer, President, and Chief Financial Officer of the Company.

On November 9, 2023, the Company founded Nutripeak Trading Corporation (“NTC”), a wholly owned subsidiary incorporated in Nevada. NTC was established with the purpose of marketing and supply of healthcare products.

On January 8, 2024, Qiuping Lu resigned from her position as the Chief Financial Officer of the Company and Dr. Steven Niu was appointed as the Chief Financial Officer by the Board.

On January 30, 2024, the Company entered into ten securities purchase agreements (the “Purchase Agreements”) in connection with its private offering (the “Offering”) of the Company’s unregistered shares of common stock, par value $0.001, with a total of ten (10) investors, consisting of two (2) U.S. accredited investors, as defined under Rule 501 of Regulation D, and eight (8) non-U.S. investors (individually, an “Investor” and collectively, the “Investors”), at a purchase price of $0.05 per share. This Offering was being conducted on a rolling basis and there was no minimum nor maximum offering amount to close this Offering. Each of the Purchase Agreements contained customary representations, warranties and covenants by the parties, regularly applied under industry standards. Each of the Investors acknowledged and agreed that any resale of the shares issued in connection with this Offering is subject to resale restrictions pursuant to the Securities Exchange Act of 1934 and none of the shares purchased herein has been registered under the Securities Act of 1933, as amended. This Offering was closed on January 30, 2024 and the Company raised an aggregate gross proceeds of $957,051 by selling and issuing 19,141,020 shares of its common stock in this Offering.

Meanwhile, the Company continues to look for other opportunities which could potentially increase the profits of the Company in the year 2024.

Summary of Financial Information

The following table sets forth certain operational data for the years ended April 30, 2024 and 2023:

	For the Year ended April 30,
	2024			2023
Revenues	$	570,694		$	38,000
Cost of revenue		(192,983	)		–
Gross profit		377,711			38,000
Total operating expenses		(172,082	)		(62,227	)
Income (loss) from operation		205,629			(24,227	)
Total other income		105			–
Income (loss) before income tax		205,734			(24,227	)
Income tax expenses		(64,869	)		–
Net income (loss)		140,865			(24,227	)

Currently, we commenced our operation in the rendering of business consulting service and marketing and supplying healthcare products to domestic and international customers. On January 10, 2024, we entered nine consulting agreements with non-affiliates to provide business consulting services in management business, accounting and financial service. Under the consulting agreements, we received a fixed consulting fee income. The initial term of the consulting agreements was for an initial two to three months’ period. On March 6, 2024, we commenced the marketing and supplying of healthcare products to domestic and international customers.

Revenue

We generated revenues of $570,694 and $38,000 for the years ended April 30, 2024 and 2023, respectively. Our major customers are located in the PRC, Hong Kong and the United States of America. Our revenue significantly increased by $532,694, or 1,402% due to the business growth of the healthcare products segment.

During the years ended April 30, 2024 and 2023, the nature of businesses and segment was shown as below:

Currently, the Company has two reportable business segments:

(i)	Consulting Service Segment, mainly provides consulting advisory services in management business, accounting and financial services; and
(ii)	healthcare Segment, mainly provides healthcare products and healthcare consultation services to the customers.

In the following table, revenue is disaggregated by primary major product line, including a reconciliation of the disaggregated revenue with the reportable segments.

	For the Year ended April 30, 2024
	Healthcare Segment			Consulting Service Segment			Total
Revenue from external customers:
Consulting service income	$	–		$	26,100		$	26,100
Sale of healthcare products		544,594			–			544,594
Total revenue		544,594			26,100			570,694

Cost of revenue:
Consulting service income		–			–			–
Sale of healthcare products		(192,983	)		–			(192,983	)
Total cost of revenue		(192,983	)		–			(192,983	)

Gross profit		351,611			26,100			377,711

Operating expenses:
Selling and distribution		(22,383	)		(300	)		(22,683	)
Personal and benefit costs		(15,653	)		(46,993	)		(62,646	)
General and administrative		(4,673	)		(82,080	)		(86,753	)
Total operating expenses		(42,709	)		(129,373	)		(172,082	)

Segment income (loss)	$	308,902		$	(103,273	)	$	205,629


	For the Year ended April 30, 2023
	Healthcare Segment		Consulting Service Segment			Total
Revenue from external customers:
Consulting service income	$	–	$	38,000		$	38,000
Total revenue		–		38,000			38,000

Operating Expenses
General and administrative		–		(62,227	)		(62,227	)
Total operating expenses		–		(62,227	)		(62,227	)

Segment loss	$	–	$	(24,227	)	$	(24,227	)

The below revenues are based on the countries in which the customer is located. Summarized financial information concerning the geographic segments is shown in the following tables:

	For the Year ended April 30,
	2024		2023

China	$	411,100	$	–
Hong Kong		81,745		–
United States of America		77,849		38,000

	$	570,694	$	38,000

During the years ended April 30, 2024 and 2023, the following customers accounted for 10% or more of our total net revenues:

	For the Year ended April 30, 2024					April 30, 2024
	Revenues		Percentage of revenues			Accounts receivable
Tianjin Nuoan International Trade Co., Ltd	$	385,000		67%		$	–
Hong Kong Wansusheng International Trade Co., Limited		81,745		14%			–
TOTAL	$	466,745		81%	Total	$	–

	For the Year ended April 30, 2023					April 30, 2023
	Revenues		Percentage of revenues			Accounts receivable
SBV Workforce Management	$	25,000		66%		$	–
Care 365 LLC		10,000		26%			–
TOTAL	$	35,000		92%	Total	$	–

Cost of revenue

Cost of revenue as a percentage of net revenue was approximately 34% for the fiscal year ended April 30, 2024. No cost of revenue was incurred for the fiscal year ended April 30, 2023. Cost of revenue increased by $192,383, or 100%, is exclusively attributable to the business growth of healthcare product segment.

For the year ended April 30, 2023, no single vendor represented more than 10% of the Company’s purchase cost.

During the year ended April 30, 2024, the following vendor accounted for 10% or more of our purchases:

For the Year ended
April 30, 2024

April 30, 2024

Vendor

Purchases

Percentage
of purchases

Accounts
payable

Advanced Supplements LLC

177,592

92%

Total:

–

Gross profit

We achieved a gross profit of $377,711 and $38,000 for the fiscal years ended April 30, 2024 and 2023, respectively. Gross profit increased by $339,711, or 894% is primarily attributable to the increase in sales of healthcare products.

Sales and distribution expenses

We incurred sales and distribution expenses of $22,683 and $Nil for the fiscal years ended April 30, 2024 and 2023, respectively. Sales and distribution expenses increased by $22,683, or 100% is primarily attributable to the increase in advertising expenses aligned with the newly healthcare products.

Personnel and benefit costs

We incurred personnel and benefit costs of $62,646 and $Nil for the fiscal years ended April 30, 2024 and 2023, respectively. Personnel and benefit costs increased by $62,646, or 100%, is primarily attributable to the increase in the salaries of key management personnel.

General and administrative expenses

We incurred general and administrative expenses of $86,753 and $62,227 for the fiscal years ended April 30, 2024 and 2023, respectively. General and administrative expenses increased by $24,526, or 39% is primarily attributable to the increase in the legal and professional fees during the year.

Other income

We reported other income of $105 and $Nil. for the fiscal years ended April 30, 2024 and 2023, respectively, which is primarily attributable to written off accrued expenses.

Net income (loss)

As a result of the factors described above, we reported a net income of $140,865 for the year ended April 30, 2024, while we incurred a net loss of $24,227 for the year ended April 30, 2023.

Liquidity and capital resources

On April 30, 2024, we had total current assets of $1,192,858, which consisted primarily of $593,036 in cash, $132,873 in inventories, $460,870 in advances to vendor and $6,079 in other current assets. We had total current liabilities of $136,920, which consisted of $60,749 in accounts payable and accrued expenses, $8,302 in other current liabilities, $3,000 due to related parties and $64,869 in income tax payable.

On April 30, 2023, we had total current assets of $8,728 which consist of $8,728 in cash. We had total current liabilities of $67,943, which consist of $16,100 due to related parties and $51,843 in accounts payable and accrued expenses.

We have never paid dividends on our Common Stock. Our present policy is to apply cash to investments in product development, acquisitions or expansion; consequently, we do not expect to pay dividends on Common Stock in the foreseeable future.

Cash Flows

The following table sets forth a summary of our cash flows for the years ended:

	For the Years ended April 30,
	2024			2023
Net cash used in operating activities	$	(375,880	)	$	(18,375	)
Net cash provided by financing activities	$	960,188		$	4,000

Operating Activities

For the year ended April 30, 2024, net cash used in operating activities was $375,880 which consisted primarily of a net income of $140,865, an increase in inventory of $132,873, an increase in advances to vendor of $460,870, and increase in other current assets of $6,079. The amounts were partially offset by adjusted non-cash item consisted of share-based compensation of $1,000, increase in accounts payable and accrued expenses of $8,906, increase in other current liabilities of $8,302, and increase in income tax payable of $64,869.

For the year ended April 30, 2023, net cash flows used in operating activities was $18,375, which primarily consisted of a net loss of $24,227 and an increase in accounts payable and accrued expenses of $5,832.

Financing Activities

For the year ended April 30, 2024, net cash provided by financing activities was $960,188, which consisted primarily of proceed from private offering of $957,051 and advances from related parties of $3,137.

For the year ended April 30, 2023, net cash flow provided by financing activities was $4,000 from the proceeds from a related party.

Limited operating history; need for additional capital

There is no historical financial information about us upon which to base an evaluation of our performance. We are in a start-up stage of operations and have generated limited revenues since inception. We cannot guarantee that we will be successful in our business operations. Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources and possible cost overruns due to price and cost increases in services and products.

Off-Balance Sheet Arrangements

The Company does not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on the Company's financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources.

Contractual Obligations and Commercial Commitments

We have no contractual obligations and commercial commitments as of April 30, 2024.

Critical Accounting Policies

The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires our management to make assumptions, estimates and judgments that affect the amounts reported, including the notes thereto, and related disclosures of commitments and contingencies, if any. We have identified certain accounting policies that are significant to the preparation of our financial statements. These accounting policies are important for an understanding of our financial condition and results of operations. Critical accounting policies are those that are most important to the presentation of our financial condition and results of operations and require management's subjective or complex judgment, often as a result of the need to make estimates about the effect of matters that are inherently uncertain and may change in subsequent periods. Certain accounting estimates are particularly sensitive because of their significance to financial statements and because of the possibility that future events affecting the estimate may differ significantly from management's current judgments. We believe the following accounting policies are critical in the preparation of our financial statements.

Revenue recognition

ASC 606, Revenue from Contracts with Customers (“ASC 606”), establishes principles for reporting information about the nature, amount, timing and uncertainty of revenue and cash flows arising from the entity’s contracts to provide goods or services to customers.

The Company applies the following five steps in order to determine the appropriate amount of revenue to be recognized as it fulfills its obligations under each of its agreements:

·	identify the contract with a customer;
·	identify the performance obligations in the contract;
·	determine the transaction price;
·	allocate the transaction price to performance obligations in the contract; and
·	recognize revenue as the performance obligation is satisfied.

The Company also follows the guidance provided in ASC 606, Revenue from Contracts with Customers, for determining whether the Company is the principal or an agent in arrangements with customers that involve another party that contributes to the provision of services and sales of goods to customers. In these instances, the Company determines whether it has promised to provide the goods or services itself (as principal) or to arrange for the specified goods to be provided by another party (as an agent). This determination is a matter of judgment that depends on the facts and circumstances of each arrangement.

The Company derives its revenue from consulting service income and marketing and supplying of healthcare products.

Where the Company acts as a principal, it sells its products directly to restaurants, retailers and individual consumers through its distributor channels. The Company considers Sales Agreement to be a contract with the customer. Customer confirmations are executed at the time an order is placed. Revenue is recognized when control of the product is transferred to the customer (i.e., when the Company’s performance obligation is satisfied), when the services are rendered, or the products are dispatched or picked up by customer. As a result, the Company has a present and unconditional right to payment and record the amount due from the customer in accounts receivable. For each contract, the Company considers the promise to transfer products to be the only identified performance obligation. In determining the transaction price, the Company evaluates whether the price is subject to refund or adjustment to determine the net consideration to which the Company expects to be entitled.

For the years ended April 30, 2024 and 2023, the Company’s sales of healthcare products are recognized at a point in time for its roles as principal, whereas consulting service fee income is recognized when services are transferred over time.

Item 7A. Quantitative and Qualitative Disclosures about Market Risk

Not required under Regulation S-K for “smaller reporting companies.”

Item 8. Consolidated Financial Statements and Supplementary Data

Our audited consolidated financial statements are set forth in this Annual Report beginning on page F-4.

YIJIA GROUP CORP.

INDEX TO CONSOLIDATED FINANCIAL STATEMENTS

Report of Independent Registered Public Accounting Firm (PCAOB ID No: 2485)	F-2

Report of Independent Registered Public Accounting Firm (PCAOB ID No: 5968)	F-3

Consolidated Balance Sheets as of April 30, 2024 and 2023	F-4

Consolidated Statements of Operations for the Years ended April 30, 2024 and 2023	F-5

Consolidated Statements of Changes in Shareholders’ Equity (Deficit) for the Years ended April 30, 2024 and 2023	F-6

Consolidated Statements of Cash Flows for the Years ended April 30, 2024 and 2023	F-7

Notes to Consolidated Financial Statements	F-8 to F-19

F-1

	17506 Colima Road, Ste 101,
	City of Industry, CA 91748
	Tel: +1 (626) 581-0818
	Fax: +1 (626) 581-0809

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

Shareholders and Board of Directors

Yijia Group Corp.

New York

Opinion on the Consolidated Financial Statements

We have audited the accompanying consolidated balance sheets of Yijia Group Corp. and subsidiary (the “Company”) as of April 30, 2024, the related consolidated statements of operation, stockholders’ equity, and cash flows for the year in the period ended April 30, 2024, and the related notes. In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company at April 30, 2024, and the results of its operations and its cash flows the year in the period ended April 30, 2024, in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

These consolidated financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s consolidated financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the consolidated financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the consolidated financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements. We believe that our audits provide a reasonable basis for our opinion.

Critical Audit Matter

Critical audit matters are matters arising from the current period audit of the consolidated financial statements that were communicated or required to be communicated to the audit committee and that: (1) relate to accounts or disclosures that are material to the consolidated financial statements and (2) involved our especially challenging, subjective, or complex judgments. We determined that there are no critical audit matters.

/s/ Simon & Edward, LLP

We have served as the Company’s auditor since 2024.

PCAOB ID: 2485

Rowland Heights, California

July 29, 2024

F-2

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and shareholders of Yijia Group Corp.

Opinion on the Financial Statements

We have audited the accompanying balance sheets of Yijia Group Corp (the ‘Company’) as of April 30, 2023, and 2022, and the related statements of operations, stockholders’ equity, and cash flows for the year ended April 30, 2023, and 2022, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of April 30, 2023, and the results of its operations and its cash flows for the year ended April 30, 2023, in conformity with accounting principles generally accepted in the United States of America.

Consideration of the Company’s Ability to Continue as a Going Concern

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 2 to the financial statements, the Company had loss from operations of $24,227 for the year ended April 30, 2023, and a net working capital deficiency of $59,215 as of April 30, 2023, these factors raise substantial doubt about its ability to continue as a going concern. Management's plans in regard to these matters are also described in Note 2. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Basis for Opinion

These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

Critical Audit Matters

Critical audit matters are matters arising from the current period audit of the financial statements that were communicated or required to be communicated to the audit committee and that: (1) relate to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging, subjective, or complex judgments. We determined that there are no critical audit matters.

/s/ OLAYINKA OYEBOLA

OLAYINKA OYEBOLA & CO.

(Chartered Accountants)

We have served as the Company's auditor since November 2021.

Lagos, Nigeria

May 9^th, 2023

F-3

YIJIA GROUP CORP.

CONSOLIDATED BALANCE SHEETS


	April 30,		April 30,
	2024		2023

ASSETS
Current assets:
Cash	$	593,036	$	8,728
Inventories		132,873		–
Advances to vendor		460,870		–
Other current assets		6,079		–
Total current assets		1,192,858		8,728

TOTAL ASSETS	$	1,192,858	$	8,728

LIABILITIES AND SHAREHOLDERS’ EQUITY (DEFICIT)
Current liabilities:
Accounts payable and accrued expenses	$	60,749	$	51,843
Other current liabilities		8,302		–
Amounts due to related parties		3,000		16,100
Income tax payable		64,869		–
Total current liabilities		136,920		67,943

TOTAL LIABILITIES		136,920		67,943

Commitments and contingencies		–		–

Shareholders’ equity (deficit):
Ordinary shares, $0.001 par value; 75,000,000 shares authorized; 25,012,270 and 5,871,250 shares issued and outstanding as of April 30, 2024 and 2023, respectively		25,012		5,871
Additional paid-in capital		1,012,971		58,824
Shares to be issued – 20,000 shares of ordinary shares		1,000		–
Retained earnings (accumulated deficit)		16,955		(123,910	)

Total Shareholders’ Equity (Deficit)		1,055,938		(59,215	)

TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY (DEFICIT)	$	1,192,858	$	8,728

See accompanying notes to the consolidated financial statements.

F-4

YIJIA GROUP CORP.

CONSOLIDATED STATEMENTS OF OPERATIONS


	For the Years ended April 30,
	2024			2023

Revenue, net	$	570,694		$	38,000

Cost of revenue		(192,983	)		–

Gross profit		377,711			38,000

Operating expense:
Sales and distribution expenses		(22,683	)		–
Personnel and benefit costs		(62,646	)		–
General and administrative expenses		(86,753	)		(62,227	)
Total operating expenses		(172,082	)		(62,227	)

Income (loss) from operations		205,629			(24,227	)

Other income:
Sundry income		105			–
Total other income		105			–

Income (loss) before income tax		205,734			(24,227	)

Income tax expense		(64,869	)		–

NET INCOME (LOSS)	$	140,865		$	(24,227	)

Income (loss) per share, basic and diluted	$	0.01		$	(0.00	)

Weighted average number of shares outstanding, basic and diluted		10,643,395			5,871,250

See accompanying notes to the consolidated financial statements.

F-5

YIJIA GROUP CORP.

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (DEFICIT)


	Ordinary shares
	No. of shares		Amount		Additional paid-in capital		Shares to be issued		Retained earnings (accumulated deficit)			Total shareholders’ equity (deficit)

Balance as of May 1, 2022		5,871,250	$	5,871	$	58,824	$	–	$	(99,683	)	$	(34,988	)

Net loss for the year		–		–		–		–		(24,227	)		(24,227	)

Balance as of April 30, 2023		5,871,250	$	5,871	$	58,824	$	–	$	(123,910	)	$	(59,215	)

Forgiveness of related party’s debt		–		–		16,237		–		–			16,237
Shares issued under the private placements		19,141,020		19,141		937,910		–		–			957,051
Share-based compensation – 20,000 shares		–		–		–		1,000		–			1,000
Net income for the year		–		–		–		–		140,865			140,865

Balance as of April 30, 2024		25,012,270	$	25,012	$	1,012,971	$	1,000	$	16,955		$	1,055,938

See accompanying notes to the consolidated financial statements.

F-6

YIJIA GROUP CORP.

CONSOLIDATED STATEMENTS OF CASH FLOWS


	For the Years ended April 30,
	2024			2023
Cash flows from operating activities:
Net income (loss)	$	140,865		$	(24,227	)
Adjustment to reconcile net income (loss) used in operating activities:
Share-based compensation		1,000			–
Change in operating assets and liabilities:
Inventories		(132,873	)		–
Advances to vendor		(460,870	)		–
Other current assets		(6,079	)		–
Accounts payable and accrued liabilities		8,906			5,852
Other current liabilities		8,302			–
Income tax payable		64,869			–
Net cash used in operating activities		(375,880	)		(18,375	)

Cash flows from financing activities:
Proceeds from private placement		957,051			–
Advances from related parties		3,137			4,000
Net cash provided by financing activities		960,188			4,000

NET CHANGE IN CASH		584,308			(14,375	)

CASH, BEGINNING OF YEAR		8,728			23,103

CASH, END OF YEAR	$	593,036		$	8,728

SUPPLEMENTAL CASH FLOW INFORMATION:
Interest paid	$	–		$	–
Income taxes paid	$	–		$	3,880

Non-cash investing and financing activities:
Forgiveness of related party’s debt	$	16,237		$	–

See accompanying notes to the consolidated financial statements.

F-7

YIJIA GROUP CORP.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

NOTE 1 － ORGANIZATION AND NATURE OF BUSINESS

Yijia Group Corp. (“the Company” or “YJGJ”) was incorporated on January 25, 2017 under the laws of the State of Nevada, United States of America, formerly known as Soldino Group Corp.

The Company has currently commenced its operation in the rendering of consulting advisory services in management business, accounting and finance services; and provides healthcare products and health consultation services to domestic and international customers.

On June 6, 2023, the Company’s major shareholder and director, Barry Sytner entered into a securities purchase agreement (the “Securities Purchase Agreement”) with Xianchang Ma (“Mr. Ma”), pursuant to which Barry Sytner sold 5,066,250 shares of common stock of the Company to Mr. Ma, constituting approximately 86.3% of the issued and outstanding shares of the Company as of May 2, 2023, for a total consideration of $470,562, derived from the purchaser’s personal funds. The Securities Purchase Agreement was closed on June 14, 2023. Following the closing of the securities purchase transaction, Mr. Ma acquired a beneficial interest in 5,066,250 shares of common stock of the Company constituting approximately 86.3% of the issued and outstanding shares of the Company as of May 2, 2023 and constituting a change of control of the Company. Pursuant to the Securities Purchase Agreement, Barry Sytner has resigned from all his positions with the Company, and Mr. Ma was appointed as the Chief Executive Officer, President, Chief Financial Officer and Director of the Company, effective June 14, 2023.

Mr. Ma passed away on August 3, 2023. On September 12, 2023, Ms. Caihong Qu, Mr. Xianchang Ma’s sole heir, was allocated 5,066,250 shares of the Company’s common stock at a consideration of $Nil through operation of law. Upon completion of this transfer, Ms. Qu possessed 5,066,250 shares of common stock of the Company constituting approximately 86.3% of the issued and outstanding shares of the Company as of September 12, 2023, which constituted another change of control of the Company at that time. Effective September 13, 2023, the Board comprised Ms. Qiuping Lu and Mr. Ruiming Zhou. Ms. Qiuping Lu was appointed as the Chief Executive Officer, President, and Chief Financial Officer of the Company.

The details of the Company’s subsidiary are described below:

Schedule of subsidiaries
Name	Place of incorporation and kind of legal entity	Principal activities and place of operation	Particulars of issued/ registered share capital	Effective interest Held

Nutripeak Trading Corporation (“NTC”)	State of Nevada, United States of America, Corporation	Marketing and supplying healthcare products	100 shares of common stock, par value $1 per share	100%

YJGJ and its subsidiary are hereinafter referred to as (the “Company”).

F-8

NOTE 2 － SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and applicable rules and regulations of the U.S. Securities and Exchange Commission (the “SEC”). The financial statements are presented in US dollars, which is the Company’s functional currency.

Principles of Consolidation

The consolidated financial statements include the financial statements of the Company and its subsidiary. All significant inter-company balances and transactions within the Company have been eliminated upon consolidation.

Reclassifications

Certain amounts on the prior year’s consolidated balance sheets, consolidated statements of operations and cash flows were reclassified to conform to current-year presentation, with no effect on ending stockholders’ equity.

Use of Estimates and Assumptions

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.

Significant areas for which management uses estimates include:

·	sales returns at point in time and allowances;
·	inventory;
·	income tax valuation allowances

These estimates require the use of judgment as future events, and the effect of these events cannot be predicted with certainty. The estimates will change as new events occur, as more experience is acquired and as more information is obtained. We evaluate and update our assumptions and estimates on an ongoing basis and we may consult outside experts to assist as considered necessary.

F-9

Segment Reporting

Accounting Standards Codification (“ASC”) Topic 280, “Segment Reporting” establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal organization structure as well as information about geographical areas, business segments and major customers in consolidated financial statements. Currently, the Company has two business segments consisted of consulting service segment and healthcare segment operating in the United States of America.

Cash

Cash is carried at cost and represents cash on hand and demand deposits placed with banks or other financial institutions.

Inventories

Inventories primarily consist of finished healthcare products which are stated at the lower of cost or net realizable value. Cost of inventories is determined using the first-in, first-out method and includes all costs to acquire and other costs to bring the inventories to their present location and condition. The Company takes ownership, risks, and rewards of the products purchased.

Inventories are written down to estimated net realizable value, which could be impacted by certain factors including historical usage, expected demand, anticipated sales price, new product development schedules, product obsolescence, and other factors. The Company continuously evaluates the recoverability of the Company’s inventories, and inventory provisions are recorded in the consolidated statements of operations and comprehensive income. The Company did not record write-down of potentially obsolete or slow-moving inventories or lower of cost or market adjustment for the years ended April 30, 2024 and 2023.

Revenue Recognition

	·	identify the contract with a customer;
	·	identify the performance obligations in the contract;
	·	determine the transaction price;
	·	allocate the transaction price to performance obligations in the contract; and
	·	recognize revenue as the performance obligation is satisfied.

Currently, the Company operates in two business segments.

The Consulting Service Segment mainly provides consulting advisory services in management, business, accounting and finance; and the Healthcare Segment mainly provides healthcare products and health consultation services to customers.

The sale and distribution of healthcare products, such as Nicotinamide Riboside capsules, has only one performance obligation under the fixed-fee arrangements. Revenue is recognized from the sale of their healthcare products upon delivery to the customers, whereas the title and risk of loss are fully transferred to customers.

Shipping term under Ex Works (“EXW”), the Company fulfills the obligation to deliver when the products are available on their premises, i.e. the warehouse. Customers are responsible for all transportation costs, risk of loss, and any other costs that point onward.

F-10

Revenue is earned from the rendering of consulting advisory services to customers. The Company recognizes services revenue over the period in which such services are performed and billed to the customer, pursuant to the fulfillment of service terms in the agreement.

Disaggregation of Revenue

The following table provides information about disaggregated revenue from customers into the nature of the products and services provided, and the related timing of revenue recognition:

Schedule of disaggregated revenues
		For the Years ended April 30,
Type of products or services	Timing of revenue recognition	2024		2023

Consultancy service fee income	Services transferred over time	$	26,100	$	38,000
Sales of healthcare products	Goods transferred at a point in time		544,594		–
TOTAL		$	570,694	$	38,000

Cost of Revenues

Cost of revenues, which are directly attributable to the sale of healthcare products, primarily consists of purchase costs of merchandizes.

Income Taxes

The provision for income taxes is determined in accordance with the provisions of ASC Topic 740, “Income Taxes” (“ASC 740”). Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted income tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Any effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.

ASC 740 prescribes a comprehensive model for how companies should recognize, measure, present, and disclose in their financial statements uncertain tax positions taken or expected to be taken on a tax return. Under ASC 740, tax positions must initially be recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts.

The Company did not have any unrecognized tax positions or benefits and there was no effect on the financial condition or results of operations for the years ended April 30, 2024 and 2023. The Company and its subsidiary are subject to local and various foreign tax jurisdictions. The Company’s tax returns remain open subject to examination by major tax jurisdictions.

F-11

Uncertain Tax Positions

The Company did not take any uncertain tax positions and had no adjustments to its income tax liabilities or benefits pursuant to the ASC 740 provisions of Section 740-10-25 for the years ended April 30, 2024 and 2023.

Net Income (Loss) Per Share

The Company computes net income (loss) per share in accordance with FASB ASC 260 “Earnings per Share”. Basic income (loss) per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted income (loss) per share gives effect to all diluted potential common shares outstanding during the period. Dilutive income (loss) per share excludes all potential common shares if their effect is anti-dilutive. As of April 30, 2024 and 2023, there were no potentially dilutive debt or equity instruments issued or outstanding.

Stock Based Compensation

Pursuant to ASU 2018-07, the Company follows ASC 718, Compensation—Stock Compensation (“ASC 718”), which requires the measurement and recognition of compensation expense for all share-based payment awards (employee or non-employee), are measured at grant-date fair value of the equity instruments that an entity is obligated to issue. Restricted stock units are valued using the market price of the Company’s common shares on the date of grant.

Related Parties

Parties, which can be a corporation or individual, are considered to be related if the entities have the ability, directly or indirectly, to control the other party or exercise significant influence over the party in making financial and operational decisions. Companies are also considered to be related if they are subject to common control or common significant influence.

F-12

Fair Value Measurement

The Company follows the guidance of the ASC Topic 820-10, Fair Value Measurements and Disclosures (“ASC 820-10”), with respect to financial assets and liabilities that are measured at fair value. ASC 820-10 establishes a three-tier fair value hierarchy that prioritizes the inputs used in measuring fair value as follows:

·	Level 1: Inputs are based upon unadjusted quoted prices for identical instruments traded in active markets;

·	Level 2: Inputs are based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques (e.g. Black-Scholes Option-Pricing model) for which all significant inputs are observable in the market or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Where applicable, these models project future cash flows and discount the future amounts to a present value using market-based observable inputs; and

·	Level 3: Inputs are generally unobservable and typically reflect management’s estimates of assumptions that market participants would use in pricing the asset or liability. The fair values are therefore determined using model-based techniques, including option pricing models and discounted cash flow models.

The carrying value of cash, amount due to a related party and other current assets approximates its fair value due to their short-term nature of these financial instruments.

Recent Accounting Standard Adopted

In June 2016, the FASB issued ASC Update No. 2016-13, (Topic 326), Financial Instruments – Credit Losses: Measurement of Credit Losses on Financial Instruments. This ASC update introduces new guidance for the accounting for credit losses on financial instruments within its scope. A new model, referred to as the current expected credit losses model, requires an entity to determine credit-related impairment losses for financial instruments held at amortized cost and to estimate these expected credit losses over the life of an exposure (or pool of exposures). The estimate of expected credit losses should consider both historical and current information, reasonable and supportable forecasts, as well as estimates of prepayments. The estimated credit losses and subsequent adjustment to such loss estimates, will be recorded through an allowance account which is deducted from the amortized cost of the financial instrument, with the offset recorded in current earnings. ASC No. 2016-13 also modifies the impairment model for available-for-sale debt securities. The new model will require an estimate of expected credit losses only when the fair value is below the amortized cost of the asset, thus the length of time the fair value of an available-for-sale debt security has been below the amortized cost will no longer affect the determination of whether a credit loss exists. In addition, credit losses on available-for-sale debt securities will be limited to the difference between the security’s amortized cost basis and its fair value. The updated guidance is effective for all entities other than public companies’ fiscal years beginning after December 15, 2022. The Company has adopted this accounting standard, effective April 1, 2023 and concluded that the adoption did not have a material effect on the Company’s financial condition, results of operations, and cash flows during the year ended April 30, 2024.

Accounting Standards Issued but Not Yet Adopted

In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. The amended guidance requires incremental reportable segment disclosures, primarily about significant segment expenses. The amendments also require entities with a single reportable segment to provide all disclosures required by these amendments, and all existing segment disclosures. The amendments will be applied retrospectively to all prior periods presented in the financial statements and is effective for fiscal years beginning after December 15, 2023, and interim periods in fiscal years beginning after December 15, 2024, with early adoption permitted. The Company is currently in the process of evaluating the impact this amended guidance may have on the footnotes to its consolidated financial statements.

In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. The amended guidance enhances income tax disclosures primarily related to the effective tax rate reconciliation and income taxes paid information. This guidance requires disclosure of specific categories in the effective tax rate reconciliation and further information on reconciling items meeting a quantitative threshold. In addition, the amended guidance requires disaggregating income taxes paid (net of refunds received) by federal, state, and foreign taxes. It also requires disaggregating individual jurisdictions in which income taxes paid (net of refunds received) is equal to or greater than 5 percent of total income taxes paid (net of refunds received). The amended guidance is effective for fiscal years beginning after December 15, 2024. The guidance can be applied either prospectively or retrospectively. The Company is currently in the process of evaluating the impact this amended guidance may have on the footnotes to our consolidated financial statements.

Except for the above-mentioned pronouncements, there are no new recently issued accounting standards that will have a material impact on the consolidated balance sheets, statements of operations and cash flows.

F-13

NOTE 3 — SEGMENT REPORTING

Currently, the Company has two reportable business segments:

(i)	Consulting Service Segment, mainly provides consulting advisory services in management business, accounting and financial services; and
(ii)	Healthcare Segment, mainly provides healthcare products to customers, most of them are distributors.

In the following table, revenue is disaggregated by primary major product line, including a reconciliation of the disaggregated revenue with the reportable segments.


	For the Year ended April 30, 2024
	Healthcare Segment			Consulting Service Segment			Total
Revenue from external customers:
Consulting service income	$	–		$	26,100		$	26,100
Sale of healthcare products		544,594			–			544,594
Total revenue		544,594			26,100			570,694

Cost of revenue:
Consulting service income		–			–			–
Sale of healthcare products		(192,983	)		–			(192,983	)
Total cost of revenue		(192,983	)		–			(192,983	)

Gross profit		351,611			26,100			377,711

Operating Expenses
Selling and distribution		(22,383	)		(300	)		(22,683	)
Personal and benefit costs		(15,653	)		(46,993	)		(62,646	)
General and administrative		(4,673	)		(82,080	)		(86,753	)
Total operating expenses		(42,709	)		(129,373	)		(172,082	)

Segment income (loss)	$	308,902		$	(103,273	)	$	205,629

	For the Year ended April 30, 2023
	Healthcare Segment		Consulting Service Segment			Total
Revenue from external customers:
Consulting service income	$	–	$	38,000		$	38,000
Total revenue		–		38,000			38,000

Operating expenses:
General and administrative		–		(62,227	)		(62,227	)
Total operating expenses		–		(62,227	)		(62,227	)

Segment loss	$	–	$	(24,227	)	$	(24,227	)

As of June 30, 2024, the reportable assets for the Healthcare Segment amounted to $41,951, while the Consulting Service Segment's reportable assets totaled $1,150,907.

F-14

The below revenues are based on the countries in which the customer is located. Summarized financial information concerning the geographic segments is shown in the following tables:

Schedule of geographical segments
	For the Years ended April 30,
	2024		2023

China	$	411,100	$	–
Hong Kong		81,745		–
Unites States of America		77,849		38,000

	$	570,694	$	38,000

NOTE 4 － INVENTORIES

Inventories comprised of the following:

Schedule of inventories
	For the Years ended April 30,
		2024		2023

Finished goods – Gene Code NR Capsules	$	132,873	$	–

For the years ended April 30, 2024 and 2023, no allowance for obsolete inventories was recorded by the Company.

NOTE 5 － ADVANCES TO VENDOR

Advances to vendor consisted of the following:

Schedule of advances to vendor
	For the Years ended April 30,
	2024		2023

Purchase deposit	$	460,870	$	–

F-15

NOTE 6－ COMMON STOCK

Authorized shares

The Company has 75,000,000 shares of common stock authorized, par value $0.001 per share.

Issued and outstanding shares

In January 2024, the Company issued 19,141,020 shares of common stock at a cash price of $0.05 per share for the total proceeds of $957,051 in the private placement.

As of April 30, 2024 and 2023, there were 25,012,270 and 5,871,250 shares of common stock issued and outstanding.

Share-based compensation

On January 8, 2024, the Company granted 5,000 common stocks issuable per month in total of 60,000 common stocks to the Chief Financial Officer - Steve Niu at fair value of $0.05 per share, subject to vesting condition in completion of one year of service. For the years ended April 30, 2024 and 2023, the Company recognized share-based compensation in the amount of $1,000 and $Nil, respectively. As of April 30, 2024, the Company’s common stock issuable totaled 20,000.

NOTE 7 － NET INCOME (LOSS) PER SHARE

Basic net income (loss) per share is computed using the weighted average number of common shares outstanding during the year. The dilutive effect of potential common shares outstanding is included in diluted net loss per share. The following table sets forth the computation of basic and diluted net income (loss) per share for the years ended April 30, 2024 and 2023:


	For the Years ended April 30,
	2024		2023

Net income (loss) attributable to common shareholders	$	140,865	$	(24,227	)

Net income (loss) per share – Basic and diluted	$	0.01	$	(0.00	)

Weighted average common shares outstanding – Basic and diluted		10,643,395		5,871,250

For the years ended April 30, 2024 and 2023, diluted weighted-average common shares outstanding is equal to basic weighted-average common shares, due to the Company’s net income (loss) position. Hence, no common stock equivalents were included in the computation of diluted net income (loss) per share since such inclusion would have been antidilutive.

F-16

NOTE 8－ INCOME TAX EXPENSE

The income tax provision for the years ended April 30, 2024 and 2023, consists of the following:

Schedule of income tax provision
	As of April 30,
	2024		2023

Federal
Current	$	64,869	$	–
Deferred		–		–

State
Current		–		–
Deferred		–		–

Income tax provision	$	64,869	$	–

As of April 30, 2024 and 2023, the Company’s net deferred tax assets are as follows:

Schedule of deferred tax assets
	As of April 30,
	2024			2023

Deferred tax assets:
Net operating loss	$	46,969		$	26,021
Total deferred tax assets		46,969			26,021

Less: valuation allowance		(46,969	)		(26,021	)
Deferred tax assets, net	$	–		$	–

The valuation allowance as of April 30, 2024 and 2023 was $46,969 and $26,021, respectively. The net change in valuation allowance during the years ended April 30, 2024 and 2023 was $20,948. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred income tax assets will not be realized. The ultimate realization of deferred income tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred income tax liabilities, projected future taxable income, and tax planning strategies in making this assessment. Based on consideration of these items, management has determined that enough uncertainty exists relative to the realization of the deferred income tax asset balances to warrant the application of a full valuation allowance as of April 30, 2024 and 2023. Up to six years since inception remain open for examination only by taxing authorities of US Federal and State of Nevada.

A reconciliation of the federal income tax rate to the Company’s effective tax rate at April 30, 2024 and 2023, consists of the following:

Reconciliation of income tax rate
	April 30,
	2024		2023
Statutory federal income tax rate		21.0%		21.0%
Deferred tax asset		20.3%		19.0%
Change in valuation allowance		(20.3)%		(19.0)%
Adjustment to current year taxes		10.5%		(21.0)%
Effective Tax Rate		31.5%		–%

The effective tax rate differs from the statutory tax rate of 21% for the years ended April 30, 2024 and 2023, primarily due to the adjustment to current year taxes and valuation allowance on the deferred tax assets.

F-17

NOTE 9 － RELATED PARTY BALANCES AND TRANSACTIONS

Nature of relationships with related parties

Name of related party		Relationship with the Company
Qiuping Lu (“Ms. Lu”)		Chief Executive Officer and Director of the Company
Ruiming Zhou (“Mr. Zhou”)		Director of the Company
Steve Niu (“Mr. Niu”)		Chief Financial Officer of the Company
Barry Sytner (“Mr. Sytner”)		Former Director of the Company
Triangle Accounting Inc.		An entity controlled by Steve Niu

Related party balances consisted of the following:

Related party balances
Name	Nature	As of April 30,
		2024		2023
Qiuping Lu	Amount due to a director	$	3,000	$	–
Barry Sytner	Amount due to former director	$	–	$	16,100

From time to time, the Company’s directors advanced funds to the Company for working capital purpose. Those advances are unsecured, non-interest bearing and due on demand. As of April 30, 2024 and 2023.

On January 8, 2024, the Company granted 5,000 common stocks issuable per month in total of 60,000 common stocks to Mr. Niu at fair value of $0.05 per share, subject to vesting condition in completion of one year of service. For the years ended April 30, 2024 and 2023, the Company recognized share-based compensation in the amount of $1,000 and $Nil, respectively. As of April 30, 2024, the Company’s common stock issuable under share-based compensation totaled $1,000 for 20,000 shares.

On January 30, 2024, the Company issued 1,200,000 shares of common stock at a price of $0.05 per share for the proceeds of $60,000 from Ms. Lu and issued 2,201,200 shares of common stock at a price of $0.05 per share for the proceeds of $110,060 from Mr. Zhou. This Offering was closed on January 30, 2024.

In the ordinary course of business, for the years ended April 30, 2024 and 2023, the Company has been involved with transactions, either at cost or current market prices and on the normal commercial terms among related parties. The following table provides the transactions with these parties for the years as presented (for the portion of such years that they were considered related):

Schedule of related party transactions
Name	Nature	For the Years ended April 30,
		2024		2023
Triangle Accounting Inc.	Professional fees	$	1,450	$	–

Apart from the transactions and balances detailed elsewhere in these accompanying consolidated financial statements, the Company has no other significant or material related party transactions during the years presented.

NOTE 10 － CONCENTRATIONS OF RISK

The Company is exposed to the following concentrations of risk:

(a)

Cash

The Company maintains cash with banks in the United States of America (“USA”). Should any bank holding cash become insolvent, or if the Company is otherwise unable to withdraw funds, the Company would lose the cash with that bank; however, the Company has not experienced any losses in such accounts and believes it is not exposed to any significant risks on its cash in bank accounts. In the United States, the standard insurance amount is $250,000 per depositor in a bank insured by the Federal Deposit Insurance Corporation (“FDIC”).

Financial instruments that potentially subject the Company to significant concentrations of credit risk are cash. As of April 30, 2024 and 2023, $301,267 and $Nil of the Company’s cash held by financial institutions were uninsured, respectively.

(b)

Major customers

For the years ended April 30, 2024 and 2023, the customers who accounts for 10% or more of the Company’s revenues and its outstanding receivable balances as at year-end dates, are presented as follows:

Schedule of concentrations risk
	For the Year ended April 30, 2024					April 30, 2024
	Revenues		Percentage of revenues			Accounts receivable
Customer C	$	385,000		67%		$	–
Customer D		81,745		14%			–
TOTAL	$	466,745		81%	Total	$	–

	For the Year ended April 30, 2023					April 30, 2023
	Revenues		Percentage of revenues			Accounts receivable
Customer A	$	25,000		66%		$	–
Customer B		10,000		26%			–
TOTAL	$	35,000		92%	Total	$	–

F-18

The Company’s major customers are located in the People’s Republic of China, Hong Kong and the United States of America.

(c)

Major vendors

For the year ended April 30, 2023, no single vendor represented more than 10% of the Company’s purchase cost.

During the year ended April 30, 2024, the following vendor accounted for 10% or more of our purchases:

For the Year ended
April 30, 2024

April 30, 2024

Vendor

Purchases

Percentage
of purchases

Accounts
payable

Vendor A

177,592

92%

Total:

–

The Company’s major vendor is located in the United States of America.

(d)

Credit risk

Financial instruments that are potentially subject to credit risk consist principally of accounts receivable. The Company believes the concentration of credit risk in its trade receivables is substantially mitigated by its ongoing credit evaluation process and relatively short collection terms. The Company does not generally require collateral from customers. The Company evaluates the need for an allowance for expected credit losses based upon factors surrounding the credit risk of specific customers, historical trends and other information.

NOTE 11－ COMMITMENTS AND CONTINGENCIES

As of April 30, 2024 and 2023, the Company has no commitments or contingencies.

NOTE 12－ SUBSEQUENT EVENTS

In accordance with ASC Topic 855, “Subsequent Events”, which establishes general standards of accounting for and disclosure of events that occur after the balance sheet date but before the consolidated financial statements are issued, the Company has evaluated all events or transactions that occurred after April 30, 2024, up to the date that the audited consolidated financial statements were available to be issued.

F-19

Item 9. Changes In and Disagreements with Accountants on Accounting and Financial Disclosure.

None.

Item 9A. Controls and Procedures.

Disclosure Controls and Procedures

The Company maintains disclosure controls and procedures (as defined in Rule 13a-15(e) under the Securities Exchange Act of 1934, as amended) that are designed to ensure that information required to be disclosed in the Company’s Securities Exchange Act reports is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms and that such information is accumulated and communicated to the Company’s management, as appropriate, to allow timely decisions regarding required disclosure.

The Company’s management, with the participation of our principal executive and principal financial officer evaluated the effectiveness of the Company’s disclosure controls and procedures as of the end of the period covered by this report. Based upon that evaluation, our principal executive and principal financial officer concluded that, as of the end of the period covered by this report, the Company’s disclosure controls and procedures were not effective.

Management’s Report on Internal Controls over Financial Disclosure Controls and Procedures

Management is responsible for establishing and maintaining adequate internal control over financial reporting (as defined in Exchange Act Rule 13a-15(f)). The Company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. Under the supervision and with the participation of management, including the Chief Executive Officer and Chief Financial Officer, the Company conducted an evaluation of the effectiveness of the Company’s internal control over financial reporting as of April 30, 2024 using the criteria established in “Internal Control - Integrated Framework” issued in 2013 by the Committee of Sponsoring Organizations of the Tread way Commission ("COSO").

A material weakness is a deficiency, or combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Company’s annual or interim financial statements will not be prevented or detected on a timely basis. In its assessment of the effectiveness of internal control over financial reporting as of April 30, 2024, the Company determined that there were control deficiencies that constituted material weaknesses, as described below.

	1.	We do not have an Audit Committee – While not being legally obligated to have an audit committee, it is the management’s view that such a committee, including a financial expert member, is an utmost important entity level control over the Company’s financial statement. Currently the Board of Directors acts in the capacity of the Audit Committee, and does not include a member that is considered to be independent of management to provide the necessary oversight over management’s activities.

	2.	We did not maintain appropriate cash controls – As of April 30, 2024, the Company has not maintained sufficient internal controls over financial reporting for the cash process, including failure to segregate cash handling and accounting functions, and did not require dual signature on the Company’s bank accounts. Alternatively, the effects of poor cash controls were mitigated by the fact that the Company had limited transactions in their bank accounts.

	3.	We did not implement appropriate information technology controls – As of April 30, 2024, the Company retains copies of all financial data and material agreements; however there is no formal procedure or evidence of normal backup of the Company’s data or off-site storage of data in the event of theft, misplacement, or loss due to unmitigated factors.

Accordingly, the Company concluded that these control deficiencies resulted in a reasonable possibility that a material misstatement of the annual or interim financial statements will not be prevented or detected on a timely basis by the Company’s internal controls.

As a result of the material weaknesses described above, management has concluded that the Company did not maintain effective internal control over financial reporting as of April 30, 2024 based on criteria established in Internal Control- Integrated Framework issued by COSO.

System of Internal Control over Financial Reporting

Our management is responsible for establishing and maintaining a system of disclosure controls and procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Exchange Act) that is designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Commission’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Exchange Act is accumulated and communicated to the issuer’s management, including its principal executive officer or officers and principal financial officer or officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

An evaluation was conducted under the supervision and with the participation of our management of the effectiveness of the design and operation of our disclosure controls and procedures as of April 30, 2024. Based on that evaluation, our management concluded that our disclosure controls and procedures were not effective as of such date to ensure that information required to be disclosed in the reports that we file or submit under the Exchange Act, is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms.

Changes in Internal Control over Financial Reporting

There was no change in the Company’s internal control over financial reporting during the quarterly period covered by this report that has materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting.

Item 9B. Other Information.

During the quarter ended April 30, 2024, no director or officer adopted or terminated any Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement, as each term is defined in Item 408(a) of Regulation S-K.

Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections.

Not applicable.

PART III

Item 10. Directors, Executive Officers and Corporate Governance.

The following table sets forth information regarding the members of our Board and our executive officers:

Name	Age	Position	Year Commenced
Qiuping Lu	52	Chief Executive Officer, President and Director	2023
Ruiming Zhou	56	Director	2023
Steve Niu	61	Chief Financial Officer	2024

Executive Officers and Directors

Qiuping Lu has been our President, Chief Executive Officer and Director since September 2023. Ms. Lu served as the Chief Executive Officer and Chief Financial Officer of China Herb Group Holdings between 2014 and 2019.

Ruiming Zhou has been a Director since September 2023. Mr. Zhou graduated from the First Vocational School of Ba Meng, Inner Mongolia. Since June 2017, he has been serving as a director at Shandong Tengjunxiang Biotechnology Co., Ltd.

Steve Niu has been our Chief Financial Officer since January 2024. Dr. Steve Niu has served as the President of Triangle Accounting, Inc. since 2001. He specializes in U.S. federal and state taxation, international taxation, and foreign income consulting. He has also been a professor at Shaw University since 2001. He earned his Ph.D. and Master’s degree in Computer Information Systems from Carleton University, Canada, in 2001 and 1998, respectively. In 1984, he graduated from Xi’an University of Science and Technology with a Bachelor’s degree in Mining Engineering.

Compliance with Section 16(a) of the Securities Exchange Act of 1934

Our common stock is not registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Accordingly, our executive officers and directors and persons who own more than 10% of a registered class of our equity securities are not subject to the beneficial ownership reporting requirements of Section 16(a) of the Exchange Act.

Code of Ethics

Our Board has not adopted a written code of business conduct and ethics.

Board Leadership Structure and Risk Oversight

Our Board has responsibility for the oversight of our risk management processes and, either as a whole or through its committees, regularly discusses with management our major risk exposures, their potential impact on our business and the steps we take to manage them. The risk oversight process includes receiving regular reports from board committees and members of senior management to enable our Board to understand our risk identification, risk management and risk mitigation strategies with respect to areas of potential material risk, including operations, finance, legal, regulatory, cybersecurity, strategic and reputational risk.

Committees of the Board of Directors

We have not yet established Compensation, Audit, and Nominations and Corporate Governance committees nor do we have an Audit Committee financial expert as defined in Item 407(d)(5) of Regulation S-K promulgated under the Securities Act. Currently, the functions of these committees are performed by our entire Board of Directors. We hope to establish these committees and appoint an Audit Committee financial expert as our business develops.

Family Relationships

We currently do not have any of our officers or directors who are related to each other.

Corporate Governance

There have been no changes in any state law or other procedures by which security holders may recommend nominees to our board of directors. In addition to having no nominating committee for this purpose, we currently have no specific audit committee and no audit committee financial expert. Based on the fact that our current business affairs are simple, any such committees are excessive and beyond the scope of our business and needs.

Involvement in Certain Legal Proceedings

Except as disclosed below, to our knowledge, none of our current directors or executive officers has, during the past ten (10) years:

	·	been convicted in a criminal proceeding or been subject to a pending criminal proceeding (excluding traffic violations and other minor offenses);

	·	had any bankruptcy petition filed by or against the business or property of the person, or of any partnership, corporation or business association of which he was a general partner or executive officer, either at the time of the bankruptcy filing or within two (2) years prior to that time;

	·	been subject to any order, judgment, or decree, not subsequently reversed, suspended or vacated, of any court of competent jurisdiction or federal or state authority, permanently or temporarily enjoining, barring, suspending or otherwise limiting, his or her involvement in any type of business, securities, futures, commodities, investment, banking, savings and loan, or insurance activities, or to be associated with persons engaged in any such activity;

	·	been found by a court of competent jurisdiction in a civil action or by the SEC or the Commodity Futures Trading Commission to have violated a federal or state securities or commodities law, and the judgment has not been reversed, suspended, or vacated;

	·	been the subject of, or a party to, any federal or state judicial or administrative order, judgment, decree, or finding, not subsequently reversed, suspended or vacated (not including any settlement of a civil proceeding among private litigants), relating to an alleged violation of any federal or state securities or commodities law or regulation, any law or regulation respecting financial institutions or insurance companies including, but not limited to, a temporary or permanent injunction, order of disgorgement or restitution, civil money penalty or temporary or permanent cease-and-desist order, or removal or prohibition order, or any law or regulation prohibiting mail or wire fraud or fraud in connection with any business entity; or

	·	been the subject of, or a party to, any sanction or order, not subsequently reversed, suspended or vacated, of any self-regulatory organization (as defined in Section 3(a)(26) of the Exchange Act), any registered entity (as defined in Section 1(a)(29) of the Commodity Exchange Act), or any equivalent exchange, association, entity or organization that has disciplinary authority over its members or persons associated with a member.

Indemnification and Limitation on Liability of Directors

The Company’s articles of incorporation and bylaws provide that, to the fullest extent permitted by the laws of the State of Nevada, any officer or director of the Company, who was or is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative, by reason of the fact that he or she is or was or has agreed to serve at the request of the Company as a director, officer, employee or agent of the Company, or while serving as a director or officer of the Company, is or was serving or has agreed to serve at the request of the Company as a director, officer, employee or agent (which, for purposes hereof, shall include a trustee, partner or manager or similar capacity) of another corporation, partnership, joint venture, trust, employee benefit plan or other enterprise, or by reason of any action alleged to have been taken or omitted in such capacity. For the avoidance of doubt, the foregoing indemnification obligation includes, without limitation, claims for monetary damages against Indemnitee to the fullest extent permitted under Section 78.7502 of the Nevada Revised Statutes as in existence on the date hereof.

The indemnification provided shall be from and against expenses (including attorneys’ fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by the indemnitee or on the indemnitee’s behalf in connection with such action, suit or proceeding and any appeal therefrom, but shall only be provided if the indemnitee acted in good faith and in a manner the indemnitee reasonably believed to be in or not opposed to the best interests of the Company, and, with respect to any criminal action, suit or proceeding, had no reasonable cause to believe the indemnitee’s conduct was unlawful.

At present, there is no pending litigation or proceeding involving any of our directors, officers, employees or agents where indemnification will be required or permitted. Insofar as indemnification for liabilities arising under the Securities Act may be permitted to our directors, officers and controlling persons pursuant to the foregoing provisions, or otherwise, we have been advised that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable.

Item 11. Executive Compensation

The following tables set forth certain information about compensation paid, earned or accrued for services by our current and former executive officers as of April 30, 2024 and 2023:

Summary Compensation Table

Name and principal position	Year ended April 30th		Salary ($)		Stock Compensation ($)		Total ($)
Qiuping Lu, President, Chief Executive Officer and Director ⁽¹⁾		2024	$	42,724	$	–	$	42,724
		2023	$	–	$	–	$	–
Steve Niu, Chief Financial Officer ⁽²⁾		2024	$	–	$	1,000	$	1,000
		2023	$	–	$	–	$	–
Xianchang Ma, former Chief Executive Officer, President, Chief Financial Officer and Director ⁽³⁾		2024	$	–	$	–	$	–
		2023	$	–	$	–	$	–
Barry Sytner, former Chief Executive Officer and Director ⁽⁴⁾		2024	$	–	$	–	$	–
		2023	$	–	$	–	$	–

(1)	Ms. Lu was appointed as Chief Executive Officer, President, Chief Financial Officer and Director in September 2023. She resigned as Chief Financial Officer in January 2024.
(2)	Mr. Niu was appointed as Chief Financial Officer in January 2024.
(3)	Mr. Ma became Chief Executive Officer, President, Chief Financial Officer and Director in June 2023 and served until he passed away on August 3, 2023.
(4)	Mr. Sytner became Chief Executive Officer, President, Chief Financial Officer and Director in July 2021 and resigned from all of his positions at the Company in June 2023.

Equity Awards

A total of 60,000 shares of common stock are authorized to be issuable to the Chief Financial Officer of the Company, Steve Niu, under share-based compensation. As of April 30, 2024, no shares of common stock have been issued.

Employment Agreements

We do not have any employment or consulting agreements with our officers or directors.

Stock Incentive Plan

We do not have any stock incentive plans.

Employee Pension, Profit Sharing or other Retirement Plans

We do not have a defined benefit, pension plan, profit sharing or other retirement plan, although we may adopt one or more of such plans in the future.

Director Compensation

The following table provides information regarding the total compensation that was earned by or paid to each person who served as our directors during the year ended April 30, 2024. Ms. Qiuping Lu, Mr. Xianchang Ma and Barry Sytner are not included in the table below as their compensation information is provided in the “Summary Compensation Table” above.

Name

Fees earned or paid in cash($)

Stock awards($)

Option awards($)

Non-equity incentive plan compensation($)

Nonqualified deferred compensation earnings($)

All other compensation($)

Total($)

Ruiming Zhou ⁽¹⁾

–

(1)	Mr. Zhou became a director of the Company in September 2023.

Item 12. Security Ownership of Certain Beneficial Owners and Management and related Stockholder Matters

The following table sets forth information as of July 29, 2024 regarding the beneficial ownership of the Company’s common stock by each of its executive officers and directors, individually and as a group and by each person who beneficially owns in excess of five percent of the common stock after giving effect to any exercise of warrants or options held by that person. Unless otherwise indicated, the principal address of the named officers, directors and 5% stockholders of the Company is c/o 39 E Broadway, Suite 603, New York, NY 10002.

Name of Beneficial Owner	Position	Amount of Shares Beneficial Owned	Percent of class ⁽¹⁾
Qiuping Lu	President, Chief Executive Officer and Director	1,248,750	4.99%
Ruiming Zhou	Director	2,201,220	8.80%
Steve Niu	Chief Financial Officer	-	-%
Officers and Directors as a Group (total of 2 persons)		3,449,970	13.79%

5%+ Stockholders
Huaping Lu		2,000,000	8.00%
Lingtao Zeng		1,600,000	6.40%
Na Wang		1,600,000	6.40%
Fenfen Li		3,714,840	14.85%
Caihong Qu		5,066,250	20.26%
Meilin Chu		2,000,000	8.00%

*	Less than 1%
(1)	Based upon 25,012,270 shares outstanding as of July 29, 2024.

Changes in Control

There are no arrangements, to our knowledge, including any pledge by any person of securities of the Company, the operation of which may at a subsequent date result in a change in control of the Company.

Item 13. Certain Relationships and Related Transactions

The Company has been provided free office space by its stockholder. The management determined that such cost is nominal and did not recognize the rent expense in its financial statements.

From time to time, the stockholder and director of the Company advanced funds to the Company for working capital purpose. Those advances are unsecured, non-interest bearing and due on demand.

Apart from the transactions and balances detailed elsewhere in these accompanying financial statements, the Company has no other significant or material related party transactions during the years presented.

Director Independence

We have adopted standards for director independence that correspond to NASDAQ listing standards and SEC rules. An “independent director” means a person who is not an officer or employee of the Company or its subsidiaries, or any other individual having a relationship that, in the opinion of the Board, would interfere with the exercise of independent judgment in carrying out the responsibilities of a director. To be considered independent, the Board must affirmatively determine that neither the director, nor any member of his or her immediate family, has had any direct or indirect material relationship with the Company within the previous three years. In addition, to be considered “independent” under SEC rules, each member of the Audit Committee may not accept, directly or indirectly, any consulting, advisory, or other compensatory fee from us, other than compensation for his or her services as a director.

The Board considered relationships, transactions and/or arrangements with each of the directors and concluded that none of the non-employee directors, or any of his or her immediate family members, has any relationship with us that would impair his or her independence. The Board has determined that each member of the Board, is not an independent director under applicable NASDAQ listing standards and SEC rules.

Item 14. Principal Accountant Fees and Services.

During the year ended April 30, 2024, we elected not to continue the engagement of Olayinka Oyebola & Co. (“OO & Co.”) and appointed Simon & Edward, LLP (“S&E”) as the Company’s new independent registered public accounting firm.

During the year ended April 30, 2023, we engaged Olayinka Oyebola & Co. (“OO & Co.”) as our independent registered public accounting firm.

For the years ended April 30, 2024 and 2023, we incurred fees, as discussed below:

	Fiscal Years ended April 30,
	2024		2023
Audit Fees⁽¹⁾	$	20,000	$	4,000

Audit-Related Fees⁽²⁾	$	–	$	–

Tax Fees	$	–	$	–

All Other Fees	$	–	$	–

(1)	Audit fees consist of fees relating to the audit of the Company’s annual consolidated financial statements and reviews of interim condensed consolidated financial statements.

(2)	Audit-related fees consisted of reviews of the Company’s registration statements, consents, and the completion of comfort letter procedures associated with the Company’s securities offerings.

Our Board of Directors has not yet adopted pre-approval policies and procedures but considers all matters brought before it. We expect to adopt such policies and procedures after the formation of our Audit Committee.

PART IV

Item 15. Exhibits; Financial Statement Schedules.

The following documents are filed as part of this Annual Report:

Financial Statements: The following Financial Statements and Supplementary Data of Yijia Group Corp. and the Report of Independent Registered Public Accounting Firm included in Part II, Item 8:

	·	Consolidated Balance Sheets at April 30, 2024 and 2023;

	·	Consolidated Statements of Operations and Other Comprehensive Income for the years ended April 30, 2024 and 2023;

	·	Consolidated Statements of Changes in Shareholders’ Equity for the years ended April 30, 2024 and 2023;

	·	Consolidated Statements of Cash Flows for the years ended April 30, 2024 and 2023; and

	·	Notes to Financial Statements.

Exhibits:

Exhibit No.		Description
3.1		Articles of Incorporation (incorporated by reference to Form S-1 filed on June 14, 2017)
3.2		Certificate of Amendment to the Articles of Incorporation (incorporated by reference to Form 8-K filed on November 26, 2018)
3.3		Bylaws (incorporated by reference to Form S-1 filed on June 14, 2017)
10.1		Consultant Agreement with SBV Workforce Management (incorporated by reference to Form 8-K filed on February 16, 2022)
10.2		Consultant Agreement with Care365 LLC (incorporated by reference to Form 8-K filed on February 16, 2022)
10.3		Form of the Purchase Agreement Pursuant to Regulation D under the Securities Act (incorporated by reference to Exhibit 10.1 to Form 8-K filed on February 5, 2024)
10.4		Form of the Purchase Agreement Pursuant to Regulation S under the Securities Act (incorporated by reference to Exhibit 10.2 to Form 8-K filed on February 5, 2024)
21.1*		List of Subsidiaries of the Registrant
24.1*		Power of Attorney (incorporated by reference to the signature page of this Annual Report on Form 10-K)
31.1*		Certification of Chief Executive Officer pursuant to Exchange Act Rules 13a-14 and Rule 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2*		Certification of Chief Financial Officer pursuant to Exchange Act Rules 13a-14 and Rule 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1**		Certification of Chief Executive Officer and President and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101		Interactive Data Files
101.INS		XBRL Instance Document
101.SCH		XBRL Schema Document
101.CAL		XBRL Calculation Linkbase Document
101.DEF		XBRL Definition Linkbase Document
101.LAB		XBRL Label Linkbase Document
101.PRE		XBRL Presentation Linkbase Document
104		Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

* Filed herewith.

** Furnished herewith and not to be incorporated by reference into any filing of Yijia Group Corp. under the Securities Act or the Exchange Act whether made before or after the date of this Annual Report.

Item 16. Form 10-K Summary

None.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized on July 29, 2024.

	YIJIA GROUP CORP.

	By:	/s/ Qiuping Lu
		Qiuping Lu, Chief Executive Officer, President and Director

Name	Position	Date

/s/ Qiuping Lu	Chief Executive Officer, President and Director	July 29, 2024
Qiuping Lu	(Principal Executive Officer)

/s/ Steve Niu	Chief Financial Officer	July 29, 2024
Steve Niu	(Principal Financial and Accounting Officer)

/s/ Ruiming Zhou	Director	July 29, 2024
Ruiming Zhou

EXHIBIT 21.1

List of Subsidiaries

Subsidiary		Place of Incorporation
Nutripeak Trading Corporation		Nevada

EXHIBIT 31.1

CERTIFICATION

I, Qiuping Lu, certify that:

1.	I have reviewed this report on Form 10-K of Yijia Group Corp.;

2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.	Based on my knowledge, the consolidated financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.	The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:

	a.	designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

	b.	designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of consolidated financial statements for external purposes in accordance with generally accepted accounting principles;

	c.	evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

	d.	disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

5.	The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):

	a.	all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

	b.	any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

	/s/ Qiuping Lu
	Qiuping Lu
	Chief (Principal) Executive Officer and President
	July 29, 2024

EXHIBIT 31.2

CERTIFICATION

I, Steve Niu, certify that:

1.	I have reviewed this report on Form 10-K of Yijia Group Corp.;

2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.	Based on my knowledge, the consolidated financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.	The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:

	a.	designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

	b.	designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of consolidated financial statements for external purposes in accordance with generally accepted accounting principles;

	c.	evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

	d.	disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

5.	The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):

	a.	all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

	b.	any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

	/s/ Steve Niu
	Steve Niu
	Chief (Principal) Financial Officer
	July 29, 2024

EXHIBIT 32.1

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED

PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Annual Report of Yijia Group Corp. (the “Company”) on Form 10-K for the year ending April 30, 2024, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), each of the undersigned, in the capacities and on the dates indicated below, hereby certifies, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to his knowledge:

(1)	The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2)	The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

	/s/ Qiuping Lu
	Qiuping Lu
	Chief (Principal) Executive Officer and President
	July 29, 2024

	/s/ Steve Niu
	Steve Niu
	Chief (Principal) Financial Officer
	July 29, 2024

Cover - USD ($)	12 Months Ended
Cover - USD ($)	Apr. 30, 2024	Apr. 30, 2023	Jul. 29, 2024	Oct. 01, 2023
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Apr. 30, 2024
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--04-30
Entity File Number	333-218733
Entity Registrant Name	YIJIA GROUP CORP.
Entity Central Index Key	0001699709
Entity Tax Identification Number	35-2583762
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	39 E Broadway
Entity Address, Address Line Two	Suite 603
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10002
City Area Code	919
Local Phone Number	869-0279
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float				$ 0
Entity Common Stock, Shares Outstanding			25,012,270
ICFR Auditor Attestation Flag	false
Document Financial Statement Error Correction [Flag]	false
Auditor Firm ID	2485	5968
Auditor Firm ID	Simon & Edward, LLP	OLAYINKA OYEBOLA & CO.
Auditor Firm ID	Rowland Heights, California	Lagos, Nigeria

CONSOLIDATED BALANCE SHEETS - USD ($)	Apr. 30, 2024	Apr. 30, 2023
Current assets:
Cash	$ 593,036	$ 8,728
Inventories	132,873	0
Advances to vendor	460,870	0
Other current assets	6,079	0
Total current assets	1,192,858	8,728
TOTAL ASSETS	1,192,858	8,728
Current liabilities:
Accounts payable and accrued expenses	60,749	51,843
Other current liabilities	8,302	0
Amounts due to related parties	3,000	16,100
Income tax payable	64,869	0
Total current liabilities	136,920	67,943
TOTAL LIABILITIES	136,920	67,943
Commitments and contingencies
Shareholders’ equity (deficit):
Ordinary shares, $0.001 par value; 75,000,000 shares authorized; 25,012,270 and 5,871,250 shares issued and outstanding as of April 30, 2024 and 2023, respectively	25,012	5,871
Additional paid-in capital	1,012,971	58,824
Shares to be issued – 20,000 shares of ordinary shares	1,000	0
Retained earnings (accumulated deficit)	16,955	(123,910)
Total Shareholders’ Equity (Deficit)	1,055,938	(59,215)
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY (DEFICIT)	$ 1,192,858	$ 8,728

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Apr. 30, 2024	Apr. 24, 2024	Apr. 30, 2023
Statement of Financial Position [Abstract]
Ordinary shares, par value	$ 0.001		$ 0.001
Ordinary shares, authorized	75,000,000		75,000,000
Ordinary shares, issued	25,012,270		5,871,250
Ordinary shares, outstanding	25,012,270		5,871,250
Stock to be issued, shares		20,000

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	Apr. 30, 2024	Apr. 30, 2023
Income Statement [Abstract]
Revenue, net	$ 570,694	$ 38,000
Cost of revenue	(192,983)	0
Gross profit	377,711	38,000
Operating expense:
Sales and distribution expenses	(22,683)	0
Personnel and benefit costs	(62,646)	0
General and administrative expenses	(86,753)	(62,227)
Total operating expenses	(172,082)	(62,227)
Income (loss) from operations	205,629	(24,227)
Other income:
Sundry income	105	0
Total other income	105	0
Income (loss) before income tax	205,734	(24,227)
Income tax expense	(64,869)	0
NET INCOME (LOSS)	$ 140,865	$ (24,227)
Income (loss) per share, basic	$ 0.01	$ (0.00)
Income (loss) per share, diluted	$ 0.01	$ (0.00)
Weighted average number of shares outstanding, basic	10,643,395	5,871,250
Weighted average number of shares outstanding, diluted	10,643,395	5,871,250

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS EQUITY (DEFICIT) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Shares To Be Issued [Member]	Retained Earnings [Member]	Total
Beginning balance, value at Apr. 30, 2022	$ 5,871	$ 58,824		$ (99,683)	$ (34,988)
Beginning balance, shares at Apr. 30, 2022	5,871,250
Net income for the year				(24,227)	(24,227)
Ending balance, value at Apr. 30, 2023	$ 5,871	58,824		(123,910)	(59,215)
Ending balance, shares at Apr. 30, 2023	5,871,250
Forgiveness of related party’s debt		16,237			16,237
Shares issued under the private placements	$ 19,141	937,910			957,051
Share issued under the private placement, shares	19,141,020
Net income for the year				140,865	140,865
Share-based compensation – 20,000 shares			1,000		1,000
Ending balance, value at Apr. 30, 2024	$ 25,012	$ 1,012,971	$ 1,000	$ 16,955	$ 1,055,938
Ending balance, shares at Apr. 30, 2024	25,012,270

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	Apr. 30, 2024	Apr. 30, 2023
Cash flows from operating activities:
Net income (loss)	$ 140,865	$ (24,227)
Adjustment to reconcile net income (loss) used in operating activities:
Share-based compensation	1,000	0
Change in operating assets and liabilities:
Inventories	(132,873)	0
Advances to vendor	(460,870)	0
Other current assets	(6,079)	0
Accounts payable and accrued liabilities	8,906	5,852
Other current liabilities	8,302	0
Income tax payable	64,869	0
Net cash used in operating activities	(375,880)	(18,375)
Cash flows from financing activities:
Proceeds from private placement	957,051	0
Advances from related parties	3,137	4,000
Net cash provided by financing activities	960,188	4,000
NET CHANGE IN CASH	584,308	(14,375)
CASH, BEGINNING OF YEAR	8,728	23,103
CASH, END OF YEAR	593,036	8,728
SUPPLEMENTAL CASH FLOW INFORMATION:
Interest paid	0	0
Income taxes paid	0	3,880
Non-cash investing and financing activities:
Forgiveness of related party’s debt	$ 16,237	$ 0

Pay vs Performance Disclosure - USD ($)	12 Months Ended
Pay vs Performance Disclosure - USD ($)	Apr. 30, 2024	Apr. 30, 2023
Pay vs Performance Disclosure [Table]
Net Income (Loss)	$ 140,865	$ (24,227)

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Apr. 30, 2024
Insider Trading Arrangements [Line Items]
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

ORGANIZATION AND NATURE OF BUSINESS

12 Months Ended

Apr. 30, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

ORGANIZATION AND NATURE OF BUSINESS

NOTE 1 － ORGANIZATION AND NATURE OF BUSINESS

Yijia Group Corp. (“the Company” or “YJGJ”) was incorporated on January 25, 2017 under the laws of the State of Nevada, United States of America, formerly known as Soldino Group Corp.

On June 6, 2023, the Company’s major shareholder and director, Barry Sytner entered into a securities purchase agreement (the “Securities Purchase Agreement”) with Xianchang Ma (“Mr. Ma”), pursuant to which Barry Sytner sold 5,066,250 shares of common stock of the Company to Mr. Ma, constituting approximately 86.3% of the issued and outstanding shares of the Company as of May 2, 2023, for a total consideration of $470,562, derived from the purchaser’s personal funds. The Securities Purchase Agreement was closed on June 14, 2023. Following the closing of the securities purchase transaction, Mr. Ma acquired a beneficial interest in 5,066,250 shares of common stock of the Company constituting approximately 86.3% of the issued and outstanding shares of the Company as of May 2, 2023 and constituting a change of control of the Company. Pursuant to the Securities Purchase Agreement, Barry Sytner has resigned from all his positions with the Company, and Mr. Ma was appointed as the Chief Executive Officer, President, Chief Financial Officer and Director of the Company, effective June 14, 2023.

Mr. Ma passed away on August 3, 2023. On September 12, 2023, Ms. Caihong Qu, Mr. Xianchang Ma’s sole heir, was allocated 5,066,250 shares of the Company’s common stock at a consideration of $Nil through operation of law. Upon completion of this transfer, Ms. Qu possessed 5,066,250 shares of common stock of the Company constituting approximately 86.3% of the issued and outstanding shares of the Company as of September 12, 2023, which constituted another change of control of the Company at that time. Effective September 13, 2023, the Board comprised Ms. Qiuping Lu and Mr. Ruiming Zhou. Ms. Qiuping Lu was appointed as the Chief Executive Officer, President, and Chief Financial Officer of the Company.

The details of the Company’s subsidiary are described below:

Schedule of subsidiaries
Name	Place of incorporation and kind of legal entity	Principal activities and place of operation	Particulars of issued/ registered share capital	Effective interest Held

Nutripeak Trading Corporation (“NTC”)	State of Nevada, United States of America, Corporation	Marketing and supplying healthcare products	100 shares of common stock, par value $1 per share	100%

YJGJ and its subsidiary are hereinafter referred to as (the “Company”).

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Apr. 30, 2024

Accounting Policies [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE 2 － SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

Principles of Consolidation

Reclassifications

Use of Estimates and Assumptions

Significant areas for which management uses estimates include:

·	sales returns at point in time and allowances;
·	inventory;
·	income tax valuation allowances

Segment Reporting

Cash

Cash is carried at cost and represents cash on hand and demand deposits placed with banks or other financial institutions.

Inventories

Revenue Recognition

	·	identify the contract with a customer;
	·	identify the performance obligations in the contract;
	·	determine the transaction price;
	·	allocate the transaction price to performance obligations in the contract; and
	·	recognize revenue as the performance obligation is satisfied.

Currently, the Company operates in two business segments.

Disaggregation of Revenue

The following table provides information about disaggregated revenue from customers into the nature of the products and services provided, and the related timing of revenue recognition:

Schedule of disaggregated revenues
		For the Years ended April 30,
Type of products or services	Timing of revenue recognition	2024		2023

Consultancy service fee income	Services transferred over time	$	26,100	$	38,000
Sales of healthcare products	Goods transferred at a point in time		544,594		–
TOTAL		$	570,694	$	38,000

Cost of Revenues

Cost of revenues, which are directly attributable to the sale of healthcare products, primarily consists of purchase costs of merchandizes.

Income Taxes

Uncertain Tax Positions

Net Income (Loss) Per Share

Stock Based Compensation

Related Parties

Fair Value Measurement

·	Level 1: Inputs are based upon unadjusted quoted prices for identical instruments traded in active markets;

·	Level 2: Inputs are based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques (e.g. Black-Scholes Option-Pricing model) for which all significant inputs are observable in the market or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Where applicable, these models project future cash flows and discount the future amounts to a present value using market-based observable inputs; and

·	Level 3: Inputs are generally unobservable and typically reflect management’s estimates of assumptions that market participants would use in pricing the asset or liability. The fair values are therefore determined using model-based techniques, including option pricing models and discounted cash flow models.

The carrying value of cash, amount due to a related party and other current assets approximates its fair value due to their short-term nature of these financial instruments.

Recent Accounting Standard Adopted

Accounting Standards Issued but Not Yet Adopted

SEGMENT REPORTING

12 Months Ended

Apr. 30, 2024

Segment Reporting [Abstract]

SEGMENT REPORTING

NOTE 3 — SEGMENT REPORTING

Currently, the Company has two reportable business segments:

(i)	Consulting Service Segment, mainly provides consulting advisory services in management business, accounting and financial services; and
(ii)	Healthcare Segment, mainly provides healthcare products to customers, most of them are distributors.

In the following table, revenue is disaggregated by primary major product line, including a reconciliation of the disaggregated revenue with the reportable segments.


	For the Year ended April 30, 2024
	Healthcare Segment			Consulting Service Segment			Total
Revenue from external customers:
Consulting service income	$	–		$	26,100		$	26,100
Sale of healthcare products		544,594			–			544,594
Total revenue		544,594			26,100			570,694

Cost of revenue:
Consulting service income		–			–			–
Sale of healthcare products		(192,983	)		–			(192,983	)
Total cost of revenue		(192,983	)		–			(192,983	)

Gross profit		351,611			26,100			377,711

Operating Expenses
Selling and distribution		(22,383	)		(300	)		(22,683	)
Personal and benefit costs		(15,653	)		(46,993	)		(62,646	)
General and administrative		(4,673	)		(82,080	)		(86,753	)
Total operating expenses		(42,709	)		(129,373	)		(172,082	)

Segment income (loss)	$	308,902		$	(103,273	)	$	205,629

	For the Year ended April 30, 2023
	Healthcare Segment		Consulting Service Segment			Total
Revenue from external customers:
Consulting service income	$	–	$	38,000		$	38,000
Total revenue		–		38,000			38,000

Operating expenses:
General and administrative		–		(62,227	)		(62,227	)
Total operating expenses		–		(62,227	)		(62,227	)

Segment loss	$	–	$	(24,227	)	$	(24,227	)

As of June 30, 2024, the reportable assets for the Healthcare Segment amounted to $41,951, while the Consulting Service Segment's reportable assets totaled $1,150,907.

The below revenues are based on the countries in which the customer is located. Summarized financial information concerning the geographic segments is shown in the following tables:

Schedule of geographical segments
	For the Years ended April 30,
	2024		2023

China	$	411,100	$	–
Hong Kong		81,745		–
Unites States of America		77,849		38,000

	$	570,694	$	38,000

INVENTORIES

12 Months Ended

Apr. 30, 2024

Inventory Disclosure [Abstract]

INVENTORIES

NOTE 4 － INVENTORIES

Inventories comprised of the following:

Schedule of inventories
	For the Years ended April 30,
		2024		2023

Finished goods – Gene Code NR Capsules	$	132,873	$	–

For the years ended April 30, 2024 and 2023, no allowance for obsolete inventories was recorded by the Company.

ADVANCES TO VENDOR

12 Months Ended

Apr. 30, 2024

Advances To Vendor

ADVANCES TO VENDOR

NOTE 5 － ADVANCES TO VENDOR

Advances to vendor consisted of the following:

Schedule of advances to vendor
	For the Years ended April 30,
	2024		2023

Purchase deposit	$	460,870	$	–

COMMON STOCK

12 Months Ended

Apr. 30, 2024

Equity [Abstract]

COMMON STOCK

NOTE 6－ COMMON STOCK

Authorized shares

The Company has 75,000,000 shares of common stock authorized, par value $0.001 per share.

Issued and outstanding shares

In January 2024, the Company issued 19,141,020 shares of common stock at a cash price of $0.05 per share for the total proceeds of $957,051 in the private placement.

As of April 30, 2024 and 2023, there were 25,012,270 and 5,871,250 shares of common stock issued and outstanding.

Share-based compensation

On January 8, 2024, the Company granted 5,000 common stocks issuable per month in total of 60,000 common stocks to the Chief Financial Officer - Steve Niu at fair value of $0.05 per share, subject to vesting condition in completion of one year of service. For the years ended April 30, 2024 and 2023, the Company recognized share-based compensation in the amount of $1,000 and $Nil, respectively. As of April 30, 2024, the Company’s common stock issuable totaled 20,000.

NET INCOME (LOSS) PER SHARE

12 Months Ended

Apr. 30, 2024

Earnings Per Share [Abstract]

NET INCOME (LOSS) PER SHARE

NOTE 7 － NET INCOME (LOSS) PER SHARE


	For the Years ended April 30,
	2024		2023

Net income (loss) attributable to common shareholders	$	140,865	$	(24,227	)

Net income (loss) per share – Basic and diluted	$	0.01	$	(0.00	)

Weighted average common shares outstanding – Basic and diluted		10,643,395		5,871,250

INCOME TAX EXPENSE

12 Months Ended

Apr. 30, 2024

Income Tax Disclosure [Abstract]

INCOME TAX EXPENSE

NOTE 8－ INCOME TAX EXPENSE

The income tax provision for the years ended April 30, 2024 and 2023, consists of the following:

Schedule of income tax provision
	As of April 30,
	2024		2023

Federal
Current	$	64,869	$	–
Deferred		–		–

State
Current		–		–
Deferred		–		–

Income tax provision	$	64,869	$	–

As of April 30, 2024 and 2023, the Company’s net deferred tax assets are as follows:

Schedule of deferred tax assets
	As of April 30,
	2024			2023

Deferred tax assets:
Net operating loss	$	46,969		$	26,021
Total deferred tax assets		46,969			26,021

Less: valuation allowance		(46,969	)		(26,021	)
Deferred tax assets, net	$	–		$	–

A reconciliation of the federal income tax rate to the Company’s effective tax rate at April 30, 2024 and 2023, consists of the following:

Reconciliation of income tax rate
	April 30,
	2024		2023
Statutory federal income tax rate		21.0%		21.0%
Deferred tax asset		20.3%		19.0%
Change in valuation allowance		(20.3)%		(19.0)%
Adjustment to current year taxes		10.5%		(21.0)%
Effective Tax Rate		31.5%		–%

RELATED PARTY BALANCES AND TRANSACTIONS

12 Months Ended

Apr. 30, 2024

RELATED PARTY BALANCES AND TRANSACTIONS

NOTE 9 － RELATED PARTY BALANCES AND TRANSACTIONS

Nature of relationships with related parties

Name of related party		Relationship with the Company
Qiuping Lu (“Ms. Lu”)		Chief Executive Officer and Director of the Company
Ruiming Zhou (“Mr. Zhou”)		Director of the Company
Steve Niu (“Mr. Niu”)		Chief Financial Officer of the Company
Barry Sytner (“Mr. Sytner”)		Former Director of the Company
Triangle Accounting Inc.		An entity controlled by Steve Niu

Related party balances consisted of the following:

Related party balances
Name	Nature	As of April 30,
		2024		2023
Qiuping Lu	Amount due to a director	$	3,000	$	–
Barry Sytner	Amount due to former director	$	–	$	16,100

Schedule of related party transactions
Name	Nature	For the Years ended April 30,
		2024		2023
Triangle Accounting Inc.	Professional fees	$	1,450	$	–

CONCENTRATIONS OF RISK

12 Months Ended

Apr. 30, 2024

Risks and Uncertainties [Abstract]

CONCENTRATIONS OF RISK

NOTE 10 － CONCENTRATIONS OF RISK

The Company is exposed to the following concentrations of risk:

(a)

Cash

(b)

Major customers

Schedule of concentrations risk
	For the Year ended April 30, 2024					April 30, 2024
	Revenues		Percentage of revenues			Accounts receivable
Customer C	$	385,000		67%		$	–
Customer D		81,745		14%			–
TOTAL	$	466,745		81%	Total	$	–

	For the Year ended April 30, 2023					April 30, 2023
	Revenues		Percentage of revenues			Accounts receivable
Customer A	$	25,000		66%		$	–
Customer B		10,000		26%			–
TOTAL	$	35,000		92%	Total	$	–

The Company’s major customers are located in the People’s Republic of China, Hong Kong and the United States of America.

(c)

Major vendors

For the year ended April 30, 2023, no single vendor represented more than 10% of the Company’s purchase cost.

During the year ended April 30, 2024, the following vendor accounted for 10% or more of our purchases:

For the Year ended
April 30, 2024

April 30, 2024

Vendor

Purchases

Percentage
of purchases

Accounts
payable

Vendor A

177,592

92%

Total:

–

The Company’s major vendor is located in the United States of America.

(d)

Credit risk

COMMITMENTS AND CONTINGENCIES

12 Months Ended

Apr. 30, 2024

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS AND CONTINGENCIES

NOTE 11－ COMMITMENTS AND CONTINGENCIES

As of April 30, 2024 and 2023, the Company has no commitments or contingencies.

SUBSEQUENT EVENTS

12 Months Ended

Apr. 30, 2024

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

NOTE 12－ SUBSEQUENT EVENTS

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

12 Months Ended

Apr. 30, 2024

Accounting Policies [Abstract]

Basis of Presentation

Basis of Presentation

Principles of Consolidation

Principles of Consolidation

Reclassifications

Reclassifications

Use of Estimates and Assumptions

Use of Estimates and Assumptions

Significant areas for which management uses estimates include:

·	sales returns at point in time and allowances;
·	inventory;
·	income tax valuation allowances

Segment Reporting

Segment Reporting

Cash

Cash

Cash is carried at cost and represents cash on hand and demand deposits placed with banks or other financial institutions.

Inventories

Inventories

Revenue Recognition

Revenue Recognition

	·	identify the contract with a customer;
	·	identify the performance obligations in the contract;
	·	determine the transaction price;
	·	allocate the transaction price to performance obligations in the contract; and
	·	recognize revenue as the performance obligation is satisfied.

Currently, the Company operates in two business segments.

Disaggregation of Revenue

Disaggregation of Revenue

The following table provides information about disaggregated revenue from customers into the nature of the products and services provided, and the related timing of revenue recognition:

Schedule of disaggregated revenues
		For the Years ended April 30,
Type of products or services	Timing of revenue recognition	2024		2023

Consultancy service fee income	Services transferred over time	$	26,100	$	38,000
Sales of healthcare products	Goods transferred at a point in time		544,594		–
TOTAL		$	570,694	$	38,000

Cost of Revenues

Cost of Revenues

Cost of revenues, which are directly attributable to the sale of healthcare products, primarily consists of purchase costs of merchandizes.

Income Taxes

Income Taxes

Uncertain Tax Positions

Uncertain Tax Positions

Net Income (Loss) Per Share

Net Income (Loss) Per Share

Stock Based Compensation

Stock Based Compensation

Related Parties

Related Parties

Fair Value Measurement

Fair Value Measurement

·	Level 1: Inputs are based upon unadjusted quoted prices for identical instruments traded in active markets;

·	Level 2: Inputs are based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques (e.g. Black-Scholes Option-Pricing model) for which all significant inputs are observable in the market or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Where applicable, these models project future cash flows and discount the future amounts to a present value using market-based observable inputs; and

·	Level 3: Inputs are generally unobservable and typically reflect management’s estimates of assumptions that market participants would use in pricing the asset or liability. The fair values are therefore determined using model-based techniques, including option pricing models and discounted cash flow models.

The carrying value of cash, amount due to a related party and other current assets approximates its fair value due to their short-term nature of these financial instruments.

Recent Accounting Standard Adopted

Recent Accounting Standard Adopted

Accounting Standards Issued but Not Yet Adopted

Accounting Standards Issued but Not Yet Adopted

ORGANIZATION AND NATURE OF BUSINESS (Tables)

12 Months Ended

Apr. 30, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of subsidiaries

Schedule of subsidiaries
Name	Place of incorporation and kind of legal entity	Principal activities and place of operation	Particulars of issued/ registered share capital	Effective interest Held

Nutripeak Trading Corporation (“NTC”)	State of Nevada, United States of America, Corporation	Marketing and supplying healthcare products	100 shares of common stock, par value $1 per share	100%

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Apr. 30, 2024

Accounting Policies [Abstract]

Schedule of disaggregated revenues

Schedule of disaggregated revenues
		For the Years ended April 30,
Type of products or services	Timing of revenue recognition	2024		2023

Consultancy service fee income	Services transferred over time	$	26,100	$	38,000
Sales of healthcare products	Goods transferred at a point in time		544,594		–
TOTAL		$	570,694	$	38,000

SEGMENT REPORTING (Tables)

12 Months Ended

Apr. 30, 2024

Segment Reporting [Abstract]

Schedule of reconciliation of the disaggregated revenue with the reportable segments


	For the Year ended April 30, 2024
	Healthcare Segment			Consulting Service Segment			Total
Revenue from external customers:
Consulting service income	$	–		$	26,100		$	26,100
Sale of healthcare products		544,594			–			544,594
Total revenue		544,594			26,100			570,694

Cost of revenue:
Consulting service income		–			–			–
Sale of healthcare products		(192,983	)		–			(192,983	)
Total cost of revenue		(192,983	)		–			(192,983	)

Gross profit		351,611			26,100			377,711

Operating Expenses
Selling and distribution		(22,383	)		(300	)		(22,683	)
Personal and benefit costs		(15,653	)		(46,993	)		(62,646	)
General and administrative		(4,673	)		(82,080	)		(86,753	)
Total operating expenses		(42,709	)		(129,373	)		(172,082	)

Segment income (loss)	$	308,902		$	(103,273	)	$	205,629

	For the Year ended April 30, 2023
	Healthcare Segment		Consulting Service Segment			Total
Revenue from external customers:
Consulting service income	$	–	$	38,000		$	38,000
Total revenue		–		38,000			38,000

Operating expenses:
General and administrative		–		(62,227	)		(62,227	)
Total operating expenses		–		(62,227	)		(62,227	)

Segment loss	$	–	$	(24,227	)	$	(24,227	)

Schedule of geographical segments

Schedule of geographical segments
	For the Years ended April 30,
	2024		2023

China	$	411,100	$	–
Hong Kong		81,745		–
Unites States of America		77,849		38,000

	$	570,694	$	38,000

INVENTORIES (Tables)

12 Months Ended

Apr. 30, 2024

Inventory Disclosure [Abstract]

Schedule of inventories

Schedule of inventories
	For the Years ended April 30,
		2024		2023

Finished goods – Gene Code NR Capsules	$	132,873	$	–

ADVANCES TO VENDOR (Tables)

12 Months Ended

Apr. 30, 2024

Advances To Vendor

Schedule of advances to vendor

Schedule of advances to vendor
	For the Years ended April 30,
	2024		2023

Purchase deposit	$	460,870	$	–

NET INCOME (LOSS) PER SHARE (Tables)

12 Months Ended

Apr. 30, 2024

Earnings Per Share [Abstract]

Schedule of computation of basic and diluted net income (loss) per share


	For the Years ended April 30,
	2024		2023

Net income (loss) attributable to common shareholders	$	140,865	$	(24,227	)

Net income (loss) per share – Basic and diluted	$	0.01	$	(0.00	)

Weighted average common shares outstanding – Basic and diluted		10,643,395		5,871,250

INCOME TAX EXPENSE (Tables)

12 Months Ended

Apr. 30, 2024

Income Tax Disclosure [Abstract]

Schedule of income tax provision

Schedule of income tax provision
	As of April 30,
	2024		2023

Federal
Current	$	64,869	$	–
Deferred		–		–

State
Current		–		–
Deferred		–		–

Income tax provision	$	64,869	$	–

Schedule of deferred tax assets

Schedule of deferred tax assets
	As of April 30,
	2024			2023

Deferred tax assets:
Net operating loss	$	46,969		$	26,021
Total deferred tax assets		46,969			26,021

Less: valuation allowance		(46,969	)		(26,021	)
Deferred tax assets, net	$	–		$	–

Reconciliation of income tax rate

Reconciliation of income tax rate
	April 30,
	2024		2023
Statutory federal income tax rate		21.0%		21.0%
Deferred tax asset		20.3%		19.0%
Change in valuation allowance		(20.3)%		(19.0)%
Adjustment to current year taxes		10.5%		(21.0)%
Effective Tax Rate		31.5%		–%

RELATED PARTY BALANCES AND TRANSACTIONS (Tables)

12 Months Ended

Apr. 30, 2024

Related party balances

Related party balances
Name	Nature	As of April 30,
		2024		2023
Qiuping Lu	Amount due to a director	$	3,000	$	–
Barry Sytner	Amount due to former director	$	–	$	16,100

Schedule of related party transactions

Schedule of related party transactions
Name	Nature	For the Years ended April 30,
		2024		2023
Triangle Accounting Inc.	Professional fees	$	1,450	$	–

CONCENTRATIONS OF RISK (Tables)

12 Months Ended

Apr. 30, 2024

Major Customers [Member]

Offsetting Assets [Line Items]

Schedule of concentrations risk

Schedule of concentrations risk
	For the Year ended April 30, 2024					April 30, 2024
	Revenues		Percentage of revenues			Accounts receivable
Customer C	$	385,000		67%		$	–
Customer D		81,745		14%			–
TOTAL	$	466,745		81%	Total	$	–

	For the Year ended April 30, 2023					April 30, 2023
	Revenues		Percentage of revenues			Accounts receivable
Customer A	$	25,000		66%		$	–
Customer B		10,000		26%			–
TOTAL	$	35,000		92%	Total	$	–

Major Vendors [Member]

Offsetting Assets [Line Items]

Schedule of concentrations risk

For the Year ended
April 30, 2024

April 30, 2024

Vendor

Purchases

Percentage
of purchases

Accounts
payable

Vendor A

177,592

92%

Total:

–

ORGANIZATION AND NATURE OF BUSINESS (Details) - Nutripeak Trading Corporation [Member]	12 Months Ended
	Apr. 30, 2024
Name of subsidiaries	Nutripeak Trading Corporation (“NTC”)
Place of incorporation and kind of legal entity	State of Nevada, United States of America, Corporation
Principal activities and place of operation	Marketing and supplying healthcare products
Particulars of issued/ registered share capital	100 shares of common stock, par value $1 per share
Effective interest held	100.00%

ORGANIZATION AND NATURE OF BUSINESS (Details Narrative) - USD ($)		12 Months Ended
	Jan. 30, 2024	Apr. 30, 2024
Subsidiary, Sale of Stock [Line Items]
Proceeds from private placement		$ 957,051
Private Placement [Member]
Subsidiary, Sale of Stock [Line Items]
Proceeds from private placement	$ 957,051
Stock issued new, shares	19,141,020

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details - Disaggregated revenues) - USD ($)	12 Months Ended
	Apr. 30, 2024	Apr. 30, 2023
Product Information [Line Items]
TOTAL	$ 570,694	$ 38,000
Consultancy Service Fee Income [Member] \| Transferred over Time [Member]
Product Information [Line Items]
TOTAL	26,100	38,000
Sales Of Healthcare Products [Member] \| Transferred at Point in Time [Member]
Product Information [Line Items]
TOTAL	$ 544,594	$ 0

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	12 Months Ended
	Apr. 30, 2024	Apr. 30, 2023
Accounting Policies [Abstract]
Write-down inventory	$ 0	$ 0
Uncertain tax positions	$ 0	$ 0
Potentially dilutive shares	0	0

SEGMENT REPORTING (Details - Disaggregated revenues) - USD ($)	12 Months Ended
	Apr. 30, 2024	Apr. 30, 2023
Revenue from External Customer [Line Items]
Total revenue	$ 570,694	$ 38,000
Total cost of revenue	(192,983)	0
Gross profit	377,711	38,000
Selling and distribution	(22,683)	0
Personal and benefit costs	(62,646)	0
General and administrative	(86,753)	(62,227)
Total operating expenses	(172,082)	(62,227)
Segment income (loss)	205,629	(24,227)
Healthcare Segment [Member]
Revenue from External Customer [Line Items]
Total revenue	544,594	0
Total cost of revenue	(192,983)
Gross profit	351,611
Selling and distribution	(22,383)
Personal and benefit costs	(15,653)
General and administrative	(4,673)	0
Total operating expenses	(42,709)	0
Segment income (loss)	308,902	0
Consulting Service Segment [Member]
Revenue from External Customer [Line Items]
Total revenue	26,100	38,000
Total cost of revenue	0
Gross profit	26,100
Selling and distribution	(300)
Personal and benefit costs	(46,993)
General and administrative	(82,080)	(62,227)
Total operating expenses	(129,373)	(62,227)
Segment income (loss)	(103,273)	(24,227)
Consulting Service Income [Member]
Revenue from External Customer [Line Items]
Total revenue	26,100	38,000
Total cost of revenue	0
Consulting Service Income [Member] \| Healthcare Segment [Member]
Revenue from External Customer [Line Items]
Total revenue	0	0
Total cost of revenue	0
Consulting Service Income [Member] \| Consulting Service Segment [Member]
Revenue from External Customer [Line Items]
Total revenue	26,100	$ 38,000
Total cost of revenue	0
Sale Of Healthcare Products [Member]
Revenue from External Customer [Line Items]
Total revenue	544,594
Total cost of revenue	(192,983)
Sale Of Healthcare Products [Member] \| Healthcare Segment [Member]
Revenue from External Customer [Line Items]
Total revenue	544,594
Total cost of revenue	(192,983)
Sale Of Healthcare Products [Member] \| Consulting Service Segment [Member]
Revenue from External Customer [Line Items]
Total revenue	0
Total cost of revenue	$ 0

SEGMENT REPORTING (Details - Revenues by geographic segments) - USD ($)	12 Months Ended
	Apr. 30, 2024	Apr. 30, 2023
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	$ 570,694	$ 38,000
CHINA
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	411,100	0
HONG KONG
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	81,745	0
Unites States Of America [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	$ 77,849	$ 38,000

SEGMENT REPORTING (Details Narrative) - USD ($)	Apr. 30, 2024	Apr. 30, 2023
Segment Reporting Information [Line Items]
Assets	$ 1,192,858	$ 8,728
Healthcare Segment [Member]
Segment Reporting Information [Line Items]
Assets	41,951
Consulting Service Segment [Member]
Segment Reporting Information [Line Items]
Assets	$ 1,150,907

INVENTORIES (Details) - USD ($)	Apr. 30, 2024	Apr. 30, 2023
Inventory Disclosure [Abstract]
Finished goods – Gene Code NR Capsules	$ 132,873	$ 0

INVENTORIES (Details Narrative) - USD ($)	Apr. 30, 2024	Apr. 30, 2023
Inventory Disclosure [Abstract]
Allowance for obsolete inventories	$ 0	$ 0

ADVANCES TO VENDOR (Details) - USD ($)	Apr. 30, 2024	Apr. 30, 2023
Advances To Vendor
Purchase deposit	$ 460,870	$ 0

COMMON STOCK (Details Narrative) - USD ($)			12 Months Ended
COMMON STOCK (Details Narrative) - USD ($)	Jan. 30, 2024	Jan. 08, 2024	Apr. 30, 2024	Apr. 30, 2023	Apr. 24, 2024
Subsidiary, Sale of Stock [Line Items]
Common stock authorized			75,000,000	75,000,000
Common stock par value			$ 0.001	$ 0.001
Proceeds from private placement			$ 957,051
Common stock shares issued			25,012,270	5,871,250
Common stock shares oustanding			25,012,270	5,871,250
Stock issued for compensation, value			$ 1,000
Stock to be issued, shares					20,000
Steve Niu [Member]
Subsidiary, Sale of Stock [Line Items]
Stock issued for compensation, shares		60,000	1,000	0
Stock issued for compensation, value			$ 1,000	$ 0
Stock to be issued, shares					20,000
Private Placement [Member]
Subsidiary, Sale of Stock [Line Items]
Stock issued in private placement, shares	19,141,020
Price per share	$ 0.05
Proceeds from private placement	$ 957,051

NET INCOME (LOSS) PER SHARE (Details) - USD ($)	12 Months Ended
NET INCOME (LOSS) PER SHARE (Details) - USD ($)	Apr. 30, 2024	Apr. 30, 2023
Earnings Per Share [Abstract]
Net income for the year	$ 140,865	$ (24,227)
Net income (loss) per share, basic	$ 0.01	$ (0.00)
Net income (loss) per share, diluted	$ 0.01	$ (0.00)
Weighted average common shares outstanding, basic	10,643,395	5,871,250
Weighted average common shares outstanding, diluted	10,643,395	5,871,250

NET INCOME (LOSS) PER SHARE (Details Narrative) - shares	12 Months Ended
	Apr. 30, 2024	Apr. 30, 2023
Earnings Per Share [Abstract]
Antidilutive shares	0	0

INCOME TAX EXPENSE (Details - Income tax provision) - USD ($)	12 Months Ended
	Apr. 30, 2024	Apr. 30, 2023
Federal
Current	$ 64,869	$ 0
Deferred	0	0
State
Current	0	0
Deferred	0	0
Income tax provision	$ 64,869	$ (0)

INCOME TAX EXPENSE (Details - Deferred tax assets) - USD ($)	Apr. 30, 2024	Apr. 30, 2023
Deferred tax assets:
Net operating loss	$ 46,969	$ 26,021
Total deferred tax assets	46,969	26,021
Less: valuation allowance	(46,969)	(26,021)
Deferred tax assets, net	$ 0	$ 0

INCOME TAX EXPENSE (Details - Reconcilation of income tax)	11 Months Ended		12 Months Ended
	Apr. 01, 2024	Apr. 01, 2023	Apr. 30, 2024	Apr. 30, 2023
Income Tax Disclosure [Abstract]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%	21.00%
Effective Income Tax Rate Reconciliation, Deduction, Other, Percent			20.30%	19.00%
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Percent			(20.30%)	(19.00%)
Effective Income Tax Rate Reconciliation, Prior Year Income Taxes, Percent			10.50%	21.00%
Effective Income Tax Rate Reconciliation, Prior Year Income Taxes, Percent			(10.50%)	(21.00%)
Effective Income Tax Rate Reconciliation, Percent			31.50%	0.00%

INCOME TAX EXPENSE (Details Narrative) - USD ($)	12 Months Ended
INCOME TAX EXPENSE (Details Narrative) - USD ($)	Apr. 30, 2024	Apr. 30, 2023
Income Tax Disclosure [Abstract]
Deferred Tax Assets, Valuation Allowance	$ 46,969	$ 26,021
Change in valuation allowance	$ 20,948

RELATED PARTY BALANCES (Details - Due to related parties_ - USD ($)	Apr. 30, 2024	Apr. 30, 2023
Qiuping Lu [Member]
Related Party Transaction [Line Items]
Due to related party	$ 3,000	$ 0
Barry Sytner [Member]
Related Party Transaction [Line Items]
Due to related party	$ 0	$ 16,100

RELATED PARTY TRANSACTIONS (Details - Related party transactions) - USD ($)	12 Months Ended
	Apr. 30, 2024	Apr. 30, 2023
Triangle Accounting Inc [Member]
Related Party Transaction [Line Items]
Professional fees	$ 1,450	$ 0

RELATED PARTY BALANCES AND TRANSACTIONS (Details Narrative) - USD ($)			12 Months Ended
	Jan. 30, 2024	Jan. 08, 2024	Apr. 30, 2024	Apr. 30, 2023	Apr. 24, 2024
Related Party Transaction [Line Items]
Stock to be issued, value			$ 1,000	$ 0
Stock to be issued, shares					20,000
Steve Niu [Member]
Related Party Transaction [Line Items]
Stock issued for compensation, shares		60,000	1,000	0
Stock to be issued, value					$ 1,000
Stock to be issued, shares					20,000
Qiuping Lu [Member]
Related Party Transaction [Line Items]
Stock issued new, shares	1,200,000
Proceeds from issuance of common stock	$ 60,000
Ruiming Zhou [Member]
Related Party Transaction [Line Items]
Stock issued new, shares	2,201,200
Proceeds from issuance of common stock	$ 110,060

CONCENTRATIONS OF RISK (Details - Customers) - USD ($)	12 Months Ended
CONCENTRATIONS OF RISK (Details - Customers) - USD ($)	Apr. 30, 2024	Apr. 30, 2023
Concentration Risk [Line Items]
Revenue, net	$ 570,694	$ 38,000
Revenue Benchmark [Member] \| Customer Concentration Risk [Member] \| Customer C [Member]
Concentration Risk [Line Items]
Revenue, net	$ 385,000
Percentage of revenues	67.00%
Revenue Benchmark [Member] \| Customer Concentration Risk [Member] \| Customer D [Member]
Concentration Risk [Line Items]
Revenue, net	$ 81,745
Percentage of revenues	14.00%
Revenue Benchmark [Member] \| Customer Concentration Risk [Member] \| Customer [Member]
Concentration Risk [Line Items]
Revenue, net	$ 466,745	$ 35,000
Percentage of revenues	81.00%	92.00%
Revenue Benchmark [Member] \| Customer Concentration Risk [Member] \| Customer A [Member]
Concentration Risk [Line Items]
Revenue, net		$ 25,000
Percentage of revenues		66.00%
Revenue Benchmark [Member] \| Customer Concentration Risk [Member] \| Customer B [Member]
Concentration Risk [Line Items]
Revenue, net		$ 10,000
Percentage of revenues		26.00%
Accounts Receivable [Member] \| Customer Concentration Risk [Member] \| Customer C [Member]
Concentration Risk [Line Items]
Accounts receivable	$ 0
Accounts Receivable [Member] \| Customer Concentration Risk [Member] \| Customer D [Member]
Concentration Risk [Line Items]
Accounts receivable	0
Accounts Receivable [Member] \| Customer Concentration Risk [Member] \| Customer [Member]
Concentration Risk [Line Items]
Accounts receivable	$ 0	$ 0
Accounts Receivable [Member] \| Customer Concentration Risk [Member] \| Customer A [Member]
Concentration Risk [Line Items]
Accounts receivable		0
Accounts Receivable [Member] \| Customer Concentration Risk [Member] \| Customer B [Member]
Concentration Risk [Line Items]
Accounts receivable		$ 0

CONCENTRATIONS OF RISK (Details - Vendors) - Customer Concentration Risk [Member] - Vendor A [Member]	12 Months Ended
	Apr. 30, 2024 USD ($)
Purchases [Member]
Concentration Risk [Line Items]
Purchases	$ 177,592
Percentage of purchases	92.00%
Accounts Payable [Member]
Concentration Risk [Line Items]
Accounts payable	$ 0