LEASES

9 Months Ended

Dec. 31, 2025

NOTE 7 – LEASES

The Company has a lease agreement for its office space for the period from May 1, 2023 to April 30, 2028.

The Operating lease right-of-use assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. The discount rate used to calculate present value is incremental borrowing rate or, if available, the rate implicit in the lease. The Company determines the incremental borrowing rate for this lease based primarily on its lease term in PRC which is approximately 4.75%.

The Company has elected to not recognized lease assets and liabilities for lease with a term less than twelve months.

Operating lease expenses were $2,626 and $5,947 for the nine months ended December 31, 2025 and 2024, respectively.

The future minimum lease payment schedule as follows:

For the year ended December 31,	Amount
2026	$	4,695
2027		4,922
2028		1,694
Thereafter		-
Total lease payment at Present Value	$	11,311

Yinfu Gold Corp. 10-Q