UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended: ~~January~~April 3130, 2025

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE EXCHANGE ACT For the transition period from ________ to ________

Commission File Number: 000-54439

HARTFORD CREATIVE GROUP, INC.

(Exact Name of Registrant as Specified in its Charter)

Nevada

(State or other jurisdiction of incorporation or organization)

51-0675116

(I.R.S. Employer Identification Number)

8832 Glendon Way, Rosemead, California 91770

(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number including area code: (626)321-1915

HARTFORD GREAT HEALTH CORP.

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

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, every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by checkmark whether the registrant is a large accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting 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 is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common stock, par value $0.001 par value		HFUS		OTC Markets Group

State the number of shares outstanding of each of the issuer’s classes of common equity, as of the latest practicable date: ~~100~~25,~~108~~027,~~000~~004 shares of common stock outstanding as of ~~March~~June 1712, 2025.

Index

		Page
Part I - FINANCIAL INFORMATION
Item 1.	Unaudited Consolidated Financial Statements
	Condensed Consolidated Balance Sheets as of January 31, 2025 (unaudited) and July 31, 2024	3
	Condensed Consolidated Balance Sheets as of April 30, 2025 (unaudited) and July 31, 2024	3
	Condensed Consolidated Statements of Operations for the Three and Six months ended January 31, 2025 and 2024 (unaudited)	4
	Condensed Consolidated Statements of Operations for the Three and Nine months ended April 30, 2025 and 2024 (unaudited)	4
	Condensed Consolidated Statements of Comprehensive Income (Loss) for the Three and Six months ended January 31, 2025 and 2024 (unaudited)	5
	Condensed Consolidated Statements of Comprehensive Income (Loss) for the Three and Nine months ended April 30, 2025 and 2024 (unaudited)	5
	Condensed Consolidated Statements of Changes in Stockholders’ Equity (Deficit) (unaudited)	6
	Condensed Consolidated Statements of Cash Flows for the Six months ended January 31, 2025 and 2024 (unaudited)	7
	Condensed Consolidated Statements of Cash Flows for the Nine months ended April 30, 2025 and 2024 (unaudited)	7
	Notes to Condensed Consolidated Financial Statements (unaudited)	8
Item 2.	Management’s Discussion and Analysis or Plan of Operation	12
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	1716
Item 4.	Controls and Procedures	1716
Part II - OTHER INFORMATION
Item 1.	Legal Proceedings	1817
Item 1A.	Risk Factors	1817
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	1817
Item 3.	Defaults Upon Senior Securities	1817
Item 4.	Mine Safety Disclosures	1817
Item 5.	Other Information	1817
Item 6.	Exhibits	1817
SIGNATURES		1918

HARTFORD CREATIVE GROUP, INC.

(FORMERLY KNOWN AS HARTFORD GREAT HEALTH CORP.)

CONDENSED CONSOLIDATED BALANCE SHEETS

	January 31, 2025			July 31, 2024
	April 30, 2025			July 31, 2024
	(Unaudited)
ASSETS
Current Assets
Cash and cash equivalents	$	3549,~~563~~427		$	310,763
Accounts receivable		~~135~~364,~~995~~980			573,530
Advance to contractor		~~873~~912,~~168~~733			2,422,392
Current loan receivable		667,891			138,577
Related party receivable**		-			-
Related party receivable*		-			-
Current loan receivable		660,125			138,577
Prepaid and Other current receivables		1316,~~102~~663			26,483
Deferred offering costs		4899,~~526~~695			-
Total Current Assets		12,~~774~~103,~~245~~623			3,471,745
Non-current Assets
Property and equipment, net		~~589~~582			587
ROU assets-operating lease		75,~~214~~222			10,771
Deferred tax assets		204,901			204,901
Total Non-current Assets		~~212~~210,~~704~~705			216,259
TOTAL ASSETS	$	12,~~986~~314,~~949~~328		$	3,688,004
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities
Accounts payable	$	~~119~~425,~~664~~781		$	1,326,907
Related party loan and payables*		805,638			648,643
Related party loan and payables**		953,382			648,643
Contract liabilities		~~551~~252,~~010~~808			1,315,189
Current operating Lease liabilities		75,~~477~~311			3,491
Other current payable		~~374~~440,~~382~~789			461,319
Non-interest-bearing payable*		3,175,736			3,282,161
Non-interest-bearing payable**		3,151,175			3,282,161
Total Current Liabilities		5,~~033~~229,~~907~~246			7,037,710
Lease liabilities, noncurrent		-			3,768
TOTAL LIABILITIES		5,~~033~~229,~~907~~246			7,041,478
Commitments and contingencies		-			-
Stockholders’ Equity (Deficit)
Preferred stock - $0.001 par value, 5,000,000 shares authorized, no shares issued and outstanding		-			-
Common stock - $0.001 par value, 300,000,000 shares authorized, 100,108,000 shares outstanding at both of January 31, 2025 and July 31, 2024.		100,108			100,108
Common stock - $0.001 par value, 75,000,000 shares authorized, 25,027,004 shares outstanding at both of April 30, 2025 and July 31, 2024*		25,027			25,027
Additional paid-in capital		2,~~173~~248,~~521~~602			2,~~173~~248,~~521~~602
Accumulated deficit		(5,~~639~~548,~~559~~602	)		(5,910,843	)
Accumulated other comprehensive income		~~318~~360,~~972~~055			283,740
Total Stockholders’ Deficit		(32,~~046~~914,~~958~~918	)		(3,353,474	)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$	12,~~986~~314,~~949~~328		$	3,688,004

* ~~Balances~~On ~~reclassified~~March ~~due~~31, to2025, ~~related~~the ~~party~~Company ~~relationship~~implemented ~~changes.~~a ~~See~~1-for-4 reverse stock split (Note 41). All references to numbers of shares, common stock par value, additional paid-in capital and per-share data in the accompanying notes and condensed consolidated financial statements have been adjusted to reflect such reverse stock split on a retrospective basis.

Balances reclassified due to related party relationship changes. See Note 4.

The accompanying notes are an integral part of these condensed consolidated unaudited financial statements.

HARTFORD CREATIVE GROUP, INC.

(FORMERLY KNOWN AS HARTFORD GREAT HEALTH CORP.)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

	2025			2024			2025			2024
	Three months ended						~~Six~~Nine months ended
	January 31,						January 31,
	April 30,						April 30,
	2025			2024			2025			2024
Revenue	$	~~378~~354,~~037~~791		$	-116,640		$	~~845~~1,~~499~~200,290		$	-116,640
Revenue - Related Party		-			~~62,443~~-			-			62,443
Revenue		-			62,443			-			62,443
Total Revenue		354,791			116,640			1,200,290			179,083
Operating cost and expenses:
Cost of revenue		-			-			109,822			-
Cost of revenue - Related Party		-			~~55,505~~-			-			55,505
Cost of revenue		-			~~55,505~~-			-			55,505
Selling, general and administrative		~~201~~169,~~187~~887			2186,~~942~~300			~~366~~536,~~755~~642			42128,~~134~~434
Total operating cost and expenses		~~201~~169,~~187~~887			7786,~~447~~300			~~476~~646,~~577~~464			97183,~~639~~939
Operating income (loss)		~~176~~184,~~850~~904			~~(15~~30,~~004~~340	)		~~368~~553,~~922~~826			(354,~~196~~856	)
Other Income (Expense)
Interest expense, net		(220	)		(5,067	)		(1,622	)		(10,331	)
Interest income (expense), net		1,801			(5,488	)		179			(15,819	)
Gain on disposal of subsidiary		~~21,362~~-			-			21,362			-
Other income, net		~~21,643~~32			7428,928			21,~~203~~235			7429,002
Other income (expense), net		421,~~785~~833			(423,~~993~~440	)		4042,~~943~~776			~~(10~~13,~~257~~183	)
Income (loss) before income taxes		219,635			(19,997	)		409,865			(45,453	)
Income before income taxes		186,737			53,780			596,602			8,327
Income Tax Expense		7595,~~620~~780			-			~~138~~234,~~581~~361			-
Net income (loss)		144,015			(19,997	)		271,284			(45,453	)
Net income		90,957			53,780			362,241			8,327
Net (loss) income per common share:
Net income per common share:
Basic and diluted	$	0.00		$	(0.00	)	$	0.0001		$	0.00
Weighted average shares outstanding:
Basic and diluted		100,108,000			100,108,000			100,108,000			100,108,000
Basic and diluted*		25,027,004			25,027,004			25,027,004			25,027,004

On March 31, 2025, the Company implemented a 1-for-4 reverse stock split (Note 1). All references to numbers of shares, common stock par value, additional paid-in capital and per-share data in the accompanying notes and condensed consolidated financial statements have been adjusted to reflect such reverse stock split on a retrospective basis.

The accompanying notes are an integral part of these condensed consolidated unaudited financial statements.

HARTFORD CREATIVE GROUP, INC.

(FORMERLY KNOWN AS HARTFORD GREAT HEALTH CORP.)

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED)

	2025		2024			2025		2024
	Three months ended January 31,					Six months ended January 31,
	Three months ended					Nine months ended
	April 30,					April 30,
	2025		2024			2025		2024
Net (loss) income	$	144,015	$	(19,997	)	$	271,284	$	(45,453	)
Net income	$	90,957	$	53,780		$	362,241	$	8,327
Other Comprehensive (loss) income, net of income tax
Other Comprehensive income, net of income tax
Foreign currency translation adjustments		7841,~~873~~083		~~(123~~81,~~853~~653	)		3576,~~232~~315		~~(26~~54,~~686~~967	)
Total other comprehensive (loss) income		78,873		(123,853	)		35,232		(26,686	)
Total other comprehensive income		41,083		81,653			76,315		54,967
Total Comprehensive (loss) income	$	222,888	$	(143,850	)	$	306,516	$	(72,139	)
Total Comprehensive income	$	132,040	$	135,433		$	438,556	$	63,294

The accompanying notes are an integral part of these condensed consolidated unaudited financial statements.

HARTFORD CREATIVE GROUP, INC.

(FORMERLY KNOWN AS HARTFORD GREAT HEALTH CORP.)

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS’ EQUITY (DEFICIT)

										Accumulated			Total
	Shares		Amount*		Capital*		(Deficit)			Income (loss)			(Deficit)
					Additional					Accumulated Other			Total Stockholders’
	Common Stock				Paid - in		Accumulated			Comprehensive			Equity
	Common Stock*				Paid - in		Accumulated			Comprehensive			Equity
	Shares		Amount		Capital*		(Deficit)			Income (loss)			(Deficit)
Balance, July 31, 2024		~~100~~25,~~108~~027,~~000~~004		~~100~~25,~~108~~027		2,~~173~~248,~~521~~602		(5,910,843	)		283,740			(3,353,474	)
Net income		-		-		-		127,269			-			127,269
Foreign currency translation adjustment		-		-		-		-			(43,641	)		(43,641	)
Balance, October 31, 2024 (unaudited)		~~100~~25,~~108~~027,~~000~~004		~~100~~25,~~108~~027		2,~~173~~248,~~521~~602		(5,783,574	)		240,099			(3,269,846	)
Net income		-		-		-		144,015			-			144,015
Foreign currency translation adjustment		-		-		-		-			78,873			78,873
Balance, January 31, 2025 (unaudited)		~~100~~25,~~108~~027,~~000~~004		~~100~~25,~~108~~027		2,~~173~~248,~~521~~602		(5,639,559	)		318,972			(3,046,958	)
Net income		-		-		-		90,957			-			90,957
Foreign currency translation adjustment		-		-		-		-			41,083			41,083
Balance, April 30, 2025 (unaudited)		25,027,004		25,027		2,248,602		(5,548,602	)		360,055			(2,914,918	)

										Accumulated			Total
					Additional					Accumulated Other			Total Stockholders’
					Additional					Other			Stockholders’
	Common Stock*				Paid - in		Accumulated			Comprehensive			Equity
	Common Stock				Paid - in		Accumulated			Comprehensive			Equity
	Shares		Amount		Capital*		(Deficit)			income			(Deficit)
	Shares		Amount		Capital		(Deficit)			income			(Deficit)
Balance, July 31, 2023		25,027,004		25,027		2,248,602		(7,003,717	)		240,382			(4,489,706	)
Balance, July 31, 2023		100,108,000		100,108		2,173,521		(7,003,717	)		240,382			(4,489,706	)
Net loss		-		-		-		(25,456	)		-			(25,456	)
Foreign currency translation adjustment		-		-		-		-			97,167			97,167
Balance, October 31, 2023 (unaudited)		~~100~~25,~~108~~027,~~000~~004		~~100~~25,~~108~~027		2,~~173~~248,~~521~~602		(7,029,173	)		337,549			(4,417,995	)
Balance		100,108,000		100,108		2,173,521		(7,029,173	)		337,549			(4,417,995	)
Net loss		-		-		-		(19,997	)		-			(19,997	)
Net income (loss)		-		-		-		(19,997	)		-			(19,997	)
Foreign currency translation adjustment		-		-		-		-			(123,853	)		(123,853	)
Balance, January 31, 2024 (unaudited)		~~100~~25,~~108~~027,~~000~~004		~~100~~25,~~108~~027		2,~~173~~248,~~521~~602		(7,049,170	)		213,696			(4,561,845	)
Balance		~~100~~25,~~108~~027,~~000~~004		~~100~~25,~~108~~027		2,~~173~~248,~~521~~602		(7,049,170	)		213,696			(4,561,845	)
Net income		-		-		-		53,780			-			53,780
Net income (loss)		-		-		-		53,780			-			53,780
Foreign currency translation adjustment		-		-		-		-			81,653			81,653
Balance, April 30, 2024 (unaudited)		25,027,004		25,027		2,248,602		(6,995,390	)		295,349			(4,426,412	)
Balance		25,027,004		25,027		2,248,602		(6,995,390	)		295,349			(4,426,412	)

The accompanying notes are an integral part of these condensed consolidated unaudited financial statements.

HARTFORD CREATIVE GROUP, INC.

(FORMERLY KNOWN AS HARTFORD GREAT HEALTH CORP.)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

	2025			2024
	Six Months ended
	Nine months ended
	January 31,
	April 30,
	2025			2024
Cash flows from operating activities:
Net income	$	~~271~~362,~~284~~241		$	~~(45~~8,~~453~~327	)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation		-			136
Disposal of subsidiaries		(21,362	)		-
Changes in operating assets and liabilities:
Accounts receivable, net		~~449~~214,~~264~~932			-
Prepaid and Other current receivables		139,~~445~~846			-
Advance to contractor		1,~~561~~504,~~253~~496			-(291,448	)
Deferred offering costs		(4899,~~542~~968	)		-
Related party receivables and payables		1516,~~995~~302			1015,~~330~~818
Contract liabilities		(~~770~~1,~~664~~061,531	)		-262,872
Accounts payable		(1898,~~214,039~~895	)		-
Other current payable		(723,~~542~~099	)		~~694~~29,757
Operating lease assets and liabilities		~~(178~~1,746	)		-(6,964	)
Net cash provided by (used in) operating activities		183,914			(34,293	)
Net cash provided by operating activities		24,708			18,498
Cash flows from investing activities:
Current loan receivable		(~~668~~665,~~279~~437	)		-
Repayment of Loan receivable		~~139~~138,~~225~~633			-
Disposal of subsidiary		(~~244~~243	)		-
Net cash used in investing activities		(~~529~~527,~~298~~047	)		-
Cash flows from financing activities:
Proceeds of related party notes payable		201,200			36141,~~000~~978
Repayment of related party notes payable		(60195,000	)		-(70,000	)
Advances from related parties		-341,434			~~971~~-
Repayment of non-interest-bearing payable		(~~121~~108,~~404~~411	)		-(55,466	)
Net cash provided by financing activities		19239,~~796~~223			3616,~~971~~512
Effect of exchange rate changes on cash		501,~~388~~780			13(74	)
Net change in Cash, cash equivalents and restricted cash		(~~275~~261,~~200~~336	)		234,~~691~~936
Cash, cash equivalents and restricted cash at beginning of period		310,763			5,793
Cash, cash equivalents and restricted cash at end of period	$	3549,~~563~~427		$	840,~~484~~729
Supplemental Cash Flow Information
Interest paid	$	-		$	-
Income taxes paid	$	~~310~~328,~~791~~190		$	-

The accompanying notes are an integral part of these condensed consolidated unaudited financial statements.

HARTFORD CREATIVE GROUP, INC.

(FORMERLY KNOWN AS HARTFORD GREAT HEALTH CORP.)

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

NOTE 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

This summary of significant accounting policies is presented to assist in understanding the Company’s financial statements. The financial statements and notes are the responsibility of the Company’s management. These accounting policies conform to accounting principles generally accepted in the United States of America (“US GAAP”) and have been consistently applied in the preparation of the financial statements. This disclosure should be read in conjunction with our audited financial statements for the year ended July 31, 2024, including footnotes, contained in our Annual Report on Form 10-K.

Organization

Hartford Creative Group, Inc. (Formerly name Hartford Great Health Corp.) was originally incorporated in the State of Nevada on April 2, 2008 under the name PhotoAmigo, Inc. It changed its name to Hartford Great Health Corp. on August 22, 2018. On May 11, 2024, the Company further changed its name to Hartford Creative Group, Inc.

Through its wholly owned subsidiary - Hangzhou Hartford Comprehensive Health Management, Ltd (“HZHF) and HZHF’s 60 percent owned subsidiary - Hangzhou Longjing Qiao Fu Vacation Hotel Co., Ltd. (“HZLJ”), and through Shanghai Hartford Health Management, Ltd. (“HFSH”) and its 90 percent owned subsidiary - Shanghai Qiao Garden International Travel Agency (“Qiao Garden Int’l Travel”), the Company engages in hospitality industry in China. Qiao Garden Int’l Travel was disposed on December 31, 2020.

The Company engaged in early childhood education industry at Hartford International Education Technology Co., Ltd (“HF Int’l Education”) and its subsidiaries setup or acquired.

Impacted by the government regulation implemented in education industry and the restrictions posted by the Chinese government to control the pandemic in China since 2021, to avoid further operation losses, on August 1, 2022, HFSH entered a contract with a related party, Shanghai Oversea Chinese Culture Media Ltd. (“SH Oversea”), to sell 90 percent ownership of HF Int’l Education and its subsidiaries for $900 (RMB 5,850). On August 1, 2022, HFUS entered a contract with SH Oversea and another individual, to sell 100 percent ownership of HZHF and its subsidiaries for $1,000 (RMB 6,500).

Beginning in January 2024, the Company embarked on the development of a new business within the Media and Marketing sector. As part of its rebranding strategy, on January 01, 2024, HFSH changed its legal name from Shanghai Hartford Health Management, Ltd. to Shanghai Hartford ZY Culture Media Ltd. (“HFZY”). HFZY mainly engages in social media advertising business on mainstream social media platforms such as Tik Tok, Toutiao, Kwai, RED, WeChat, and more. As an advertising partner of China’s major social media platforms, the Company relies on a high-quality and professional media strategy execution team and network to help customers use the massive media resources of different types of social media platforms and receive competitive prices due to large-scale media resource procurement to purchase media resources. It aims to become one of the total solution advertising providers for domestic social media industry in China and provide customers with vertical integration services from early-stage advertising video creativity, shooting, editing, to advertising operation and management on social media apps. Further expanding its business operations, HFUS reacquired full ownership of HZHF at no cost on April 1, 2024, and subsequently rebranded it as Hangzhou Hartford WP Culture Media Ltd. (“HZWP”). On April 11, 2024, HFUS continued its growth trajectory by establishing a new subsidiary named Shanghai DZ Culture Media Ltd. (“SHDZ”). However, due to prolonged inactivity, the Company entered agreements on December 9, 2024, and January 1, 2025, to transfer 70% ownership of HZWP and SHDZ to SH Oversea, with the remaining 30% transferred to an individual. These transfers were executed at no cost and realized a $21,~~362~~272 gain from the disposal of these two subsidiaries. On June 18, 2024, HFUS successfully completed the acquisition of ~~ShangXing~~ShaoXing HuoMao Network Technology Ltd. (SXHM). The acquisition was executed at no cost, and there were no significant assets or liabilities exchanged during the transfer.

Reverse Stock Split

On March 28, 2025, the Board of Directors approved by unanimous written consent a reverse stock split of the Company’s authorized shares and issued and outstanding shares of common stock, par value $0.001 per share, at a ratio of 1-for-4. On March 31, 2025, the Company filed a certificate of amendment with the Secretary of State of the State of Nevada to effect the 1-for-4 Reverse Stock Split, which became effective as of March 31, 2025. As a result of the Reverse Split, every four shares of the Company’s pre-Reverse Split Common Stock has been combined into one share of the Company’s post-Reverse Split Common Stock, without any change in par value per share. Prior to the Reverse Split, the Company was authorized to issue (i) 300,000,000 shares of Common Stock and (ii) 5,000,000 shares of preferred stock, par value $0.001 per share (the “Preferred Stock”). As a result of the Reverse Split, the Company is authorized to issue 75,000,000 shares of Common Stock. The par value per share of the Common Stock will remain unchanged at $0.001 per share. The total number of shares of Preferred Stock authorized for issuance will not be impacted by the Reverse Stock Split.

Basis of Presentation

The consolidated financial statements include the accounts of Hartford Creative Group, Inc., its wholly-owned subsidiaries and subsidiaries in which it has a controlling interest. The Company reports noncontrolling interests of the consolidated entities as a component of equity separate from the Company’s equity. All material inter-company transactions between and among the Company and its consolidated subsidiaries have been eliminated in the consolidation.

Use of Estimates

The preparation of financial statements in conformity with US GAAP requires the Company’s management to make estimates and assumptions that affect the amounts of assets and liabilities, the identification and disclosure of impaired assets and contingent liabilities at the date of the financial statements, and the reported amounts of expenses during the reporting period. Actual results could differ from those estimates.

Reclassification

Certain prior period amounts have been reclassified to conform to the current year presentation. These reclassifications had no impact on the Company’s net income, net cash flows, or stockholders’ equity.

Revenue Recognition

The Company follows the five steps approach for revenue recognition under Topic 606: (i) identify the contract(s) with a customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, (iv) allocate the transaction price to the performance obligations in the contract, and (v) recognize revenue when (or as) we satisfy a performance obligation. Billings to customers for which services are not rendered are considered deferred revenue. The Company’s revenue is recognized when it satisfies a single performance obligation by transferring control of its products or providing services to a customer. The Company’s general payment terms are short-term in duration. The Company does not have significant financing components or payment terms.

The Company is developing business plan and aim to provide customers with vertical integration services from early-stage advertising video creativity, shooting, editing, to advertising operation and management on social media apps. Most of the advertising revenue will be generated by placing ad products on Tik Tok, Toutiao, Kwai, RED, WeChat, and other third-party affiliated websites and mobile applications. Currently, the Company provides traffic acquisition service to place the advertisements produced by the advertisers. The advertisements are published on the targeted media platforms as determined by the customers. Besides, the Company provides advertisements account charging service to customers upon the request from customers. Revenue is recognized at a point in time when the distribution of advertisements and charging of advertisement accounts are completed upon the completion confirmation from customers and suppliers.

During the ~~six~~Nine months ended ~~January~~April 3130, 2025, the Company has provided advertising placement services to 15 customers and received approximately RMB 63101.58 million (USD 814.91 million) as advanced payment from these customers. The Company also acquired advertising placement services from 28 suppliers and prepaid RMB 5684.98 million (USD 811.08 million). During the ~~three~~Three and ~~six~~Nine months ended ~~January~~April 3130, 2025, the Company ~~recognized~~ recognized revenue of USD 0.4 million and 01.82 million, respectively, from the advertisement placement services. The advertisements are ~~published~~ published on the targeted media platforms as determined by the customers. The Company is not the principal in this arrangement as the Company does not control the specified service (i.e., the traffic) before that service is delivered to the customer, because (i) it is the targeted media platform, rather than the Company, who is primarily responsible for providing the media publishing service; (ii) the media platforms are identified and determined by the customers, rather than the Company, and the Company does not commit to acquire the traffic before transferring to the customers. Therefore, the Company is not the principal in executing these transactions. The Company reports the amount received from the customers and the amounts paid to the media suppliers related to these transactions on a net basis.

In the comparable period in prior year, the Company ~~generated~~recognized $116,640 net revenue from the advertisement placement services and $62,443 revenue from designing, making, and placing video advertising for related party customers.

Recent Accounting Pronouncements.

Recently not yet adopted accounting pronouncements

In November 2024, the FASB issued ASU No. 2024-03, Disaggregation of Income Statement Expenses (“ASU 2024 03”), and in January 2025, the FASB issued ASU No. 2025-01, Clarifying the Effective Date (“ASU 2025-01”). The amendments are intended to enhance disclosures regarding an entity’s costs and expenses by requiring additional disaggregated information disclosures about certain income statement expense line items. The amendments, as clarified by ASU 2025-01, are effective for fiscal years beginning after December 15, 2026 and interim periods within fiscal years beginning after December 15, 2027. Early adoption is permitted. We are currently evaluating the impact of adopting this guidance on our Consolidated Financial Statements.

In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740), Improvements to Income Tax Disclosures. The new guidance requires enhanced disclosures about income tax expenses. The Company is required to adopt this guidance in the first quarter of the fiscal year 2026. Early adoption is permitted on a prospective basis. We are currently evaluating the impact of this ASU on our annual income tax disclosures.

In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280), Improvements to Reportable Segment Disclosures. The new guidance requires enhanced disclosures about significant segment expenses. The Company is required to adopt this guidance for its annual reporting in fiscal year 2025 and for interim period reporting beginning the first quarter of fiscal year 2026 on a retrospective basis. Early adoption is permitted. We are currently evaluating the impact of this ASU on our segment disclosures.

The Company does not believe other recently issued but not yet effective accounting standards, if currently adopted, would have a material effect on the consolidated financial position, statements of operations and cash flows.

NOTE 2. GOING CONCERN

The accompanying financial statements were prepared on a going concern basis, which contemplates the realization of assets and the ~~satisfaction~~ satisfaction of obligations in the normal course of business. As of ~~January~~April 3130, 2025, ~~The~~the Company had a working capital deficit of $3,~~259~~125,~~662~~623 and an accumulated deficit of $ 5,~~639~~548,~~559~~602. These conditions raise substantial doubt about the ability of Hartford Creative Group, Inc. to continue as a going concern.

In view of these matters, continuation as a going concern is dependent upon several factors, including the availability of debt or equity funding upon terms and conditions acceptable to the Company, and ultimately achieving profitable operations. Management believes that the Company’s business plan provides it with an opportunity to continue as a going concern. However, management cannot provide assurance that the Company will meet its objectives and be able to continue in operation.

The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the possible inability of the Company to continue as a going concern.

NOTE 3. CURRENT LOAN RECEIVABLE

During July and August 2024, the Company loaned $814,847 (~~RMB 5~~RMB5,800,000) to an unrelated party at a 3% interest rate, maturing within 12 months. On December 31, 2024, $146,956 (RMB 1,000,000) was early terminated and repaid. The outstanding loan receivable balance was $~~667~~660,~~891~~125 as of ~~January~~April 3130, 2025. Interest earned ~~was~~amounted to $54,~~708~~991 and $16,450, respectively, for the three months ~~ended January 31, 2025~~ and ~~$11,508~~nine ~~for the six~~ months ended ~~January~~April 3130, 2025.

NOTE 4. RELATED PARTY PAYABLE AND NON-INTEREST-BEARING PAYABLE

Related Party Payables and Non-Interest-Bearing Payable

As of ~~January~~April 3130, 2025 and July 31, 2024, amounts of $~~340~~349,~~969~~382 and $460,189, respectively, are payable to SH Qiaohong. The balances were ~~mainly~~ mainly funding support from SH Qiaohong for operation. The funding support bears no interest and due on demand.

HFSH had payable balances to Shanghai Oversea Chinese Culture Media Ltd. (“SH Oversea”), in the amounts of $2,~~834~~801,~~767~~793 and $2,822,936 as of ~~January~~April 3130, 2025 and July 31, 2024, respectively. The payable is funding support from SH Oversea for operation, bears no interest and due on demand.

The Company’s related party relationship with SH Qiaohong and SH Oversea, previously due to shared management with HFSH, ended as of August 15, 2024. Consequently, outstanding balances with these parties are no longer classified as related party receivables or payables but are now recognized as “Non-interest-bearing payable”. For comparative purposes, the related balance as of July 31, 2024, has also been reclassified accordingly.

Related Party loans

HFUS borrowed in the form of a short-term loan at 5% per annum from a related party, Hartford Hotel Investment Inc., an entity managed by the same management team. $43,~~025~~144 and $811,~~231~~375 of interest expenses were recorded during the three and ~~six~~nine months ended ~~January~~April 3130, 2025, respectively. $54,~~067~~667 and $1014,~~331~~998 of interest expenses were recorded during the three and ~~six~~nine months ended ~~January~~April 3130, 2024, respectively. As of ~~January~~April 3130, 2025 and July 31, 2024, the unpaid principal and interest amount of $~~376~~244,~~201~~346 and $402,971, respectively, will be due on demand.

Since February 2024, the Company borrowed a total of $376,900 in short-term loans at an annual interest rate of 5% from a relative of one of its current major shareholders (the former primary shareholder). On April 22, 2024, $29,022 of the principal was used to offset profits that the former shareholder allegedly earned in violation of Section 16(b) of the Securities Exchange Act. As of July 31, 2024, the outstanding balance of principal and interest on these loans was $174,309, payable on demand. Interest expense of $~~1,843~~ - and $ 4,927 was recorded ~~for~~ for the three and ~~six~~nine months ended ~~January~~April 3130, 2025, respectively. On December 10, 2024, the outstanding loan balance of $355,436 (principal and interest) was converted to a non-interest-bearing advance from the former shareholder. This advance, combined with other related party payables, resulted in a total of $~~429~~709,~~437~~036 and $71,363 in outstanding operating advances from the former primary shareholder as of ~~January~~April 3130, 2025, and July 31, 2024, respectively. These advances are non-interest-bearing and due on demand.

Other Related Party Transactions

The Company has leased approximately 543 square feet (50.4 square meters) of office space in Shanghai from SH Dubian, a company managed by a relative of a major shareholder. The lease term is from February 18, 2024, to February 17, 2026, at a fixed monthly rent of USD 638 (RMB 4,600).

The Company’s office space, located 8832 Glendon Way, Rosemead, CA 91770, is leased from a related party, a former primary shareholder and relative of a current major shareholder. The lease term is from January 1, 2025 to December 31, 2025, at a fixed monthly rent of USD 1,000.

NOTE 5. ADVANCE TO CONTRACTOR AND CONTRACT LIABILITIES

In the advertisement placement services, the Company makes prepayments to the downstream agents or the media platforms (“contractor”) and receives advance payments from the customers. As of ~~January~~April 3130, 2025 and July 31, 2024, the Company’s balance sheets reflect $~~873~~912,~~168~~733 and $2,422,392, respectively, in prepayments to contractors, categorized as “Advance to contractor” and $~~551~~252,~~010~~808 and $1,315,189, respectively, in customer advance payments, recorded under “Contract Liabilities”.

NOTE 6. OTHER CURRENT LIABILITIES

Other current payable consist as follows:

SCHEDULE OF OTHER CURRENT PAYABLE

	January 31, 2025		July 31, 2024
	Apil 30, 2025		July 31, 2024
Taxes payable	$	58135,~~493~~370	$	275,193
Accrued payroll		3228,~~103~~686		16,930
Payable to former owners		~~282~~276,~~788~~733		125,729
Other payables		~~998~~-		43,467
Other Current Liabilities	$	~~374~~440,~~382~~789	$	461,319

NOTE 7. CONCENTRATION RISK

For the three and ~~six~~nine months ended ~~January~~April 3130, 2025, ~~one~~two customer accounted for 85% and ~~two~~three customers accounted for 7284% of the Company’s total gross billing, respectively. For the three and nine months ended April 30, 2024, four customers accounted for 81% and 79%, respectively, of the Company’s total gross billing. As of ~~January~~April 3130, 2025, the Company had $~~135~~364,~~995~~980 in outstanding receivables due from ~~one~~two customer. As of July 31, 2024, the Company had $573,530 in outstanding receivables due from two customers. Prepayments received from ~~two~~three customers, ~~which are~~ recorded as contract liabilities, ~~comprised~~accounted ~~97%~~for ~~and 73~~95% of total contract liabilities as of ~~January~~April 3130, 2025, ~~and~~compared to prepayments from two customers, which represented 73% of total contract liabilities as of July 31, 2024~~, respectively~~.

For the three and ~~six~~nine months ended ~~January~~April 3130, 2025, ~~one~~three ~~contractor~~contractors accounted for 8271% and two contractors accounted for 6752% of the Company’s total services acquisition. For the three and nine months ended April 30, 2024, one contractor accounted for 100% and 98%, respectively, of the Company’s total services acquisition. As of ~~January~~April 3130, 2025 and July 31, 2024, the Company had $~~119~~425,~~664~~781 and $1,326,907 outstanding payables to two contractors, respectively. As of ~~January~~April 3130, 2025 and July 31, 2024, advances made to ~~one~~two ~~contractor~~contractors amount of 9082% and ~~two contractors~~ ~~amount of~~ 70%, respectively, of the Company’s total advanced payments.

In the corresponding three-month period of the prior year, the Company did not participate in advertisement placement services, and no significant customer or vendor concentration risks were identified.

NOTE 8. COMMITMENTS AND CONTINGENCIES

There has been no material contractual obligations and commitments as of ~~January~~April 3130, 2025.

NOTE 9. SUBSEQUENT EVENTS

In accordance with ASC 855, “Subsequent Events”, the Company has evaluated subsequent events through the date of issuance of these unaudited financial statements and no material subsequent events were noted except the events as disclosed below:

On ~~February~~May 2412, 2025, ~~the~~HFZY ~~Company~~established ~~filed~~a ansubsidiary, ~~S-1~~Nanjing ~~registration~~HaoYiPeng ~~statement~~Information ~~with~~Technology ~~the~~Ltd ~~SEC~~(“NJHY”), ~~related~~based toin ~~the~~Nanjing, ~~issuance~~China. NJHY ~~and~~aims ~~sale of up~~ to ~~$10,000,000 in~~expand ~~aggregate~~and ~~value~~strengthen ofthe ~~shares~~Company’s ofsocial ~~our~~media ~~common~~advertising ~~stock, with a par value of $0~~business.~~001 per share.~~

Forward-Looking Statements

This Form 10-Q contains or incorporates by reference “forward-looking statements,” as that term is used in federal securities laws, about our financial condition, results of operations and business. These statements include, among others:

- statements concerning the benefits that we expect will result from our business activities and results of business development that we contemplate or have completed, such as increased revenues; and statements of our expectations, beliefs, future plans and strategies, anticipated developments and other matters that are not historical facts. These statements may be made expressly in this document or may be incorporated by reference to other documents that we will file with the SEC. You can find many of these statements by looking for words such as “believes,” “expects,” “anticipates,” “estimates” or similar expressions used in this report or incorporated by reference in this report.

These forward-looking statements are subject to numerous assumptions, risks and uncertainties that may cause our actual results to be materially different from any future results expressed or implied in those statements. Because the statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied. We caution you not to put undue reliance on these statements, which speak only as of the date of this report. Further, the information contained in this document or incorporated herein by reference is a statement of our present intention and is based on present facts and assumptions, and may change at any time and without notice, based on changes in such facts or assumptions.

Item 2. Management’s Discussion and Analysis or Plan of Operation Overview

This discussion updates our business plan for the three and ~~six~~ nine-months period ending ~~January~~April 3130, 2025. It also analyzes our financial condition on ~~January~~April 3130, 2025 and compares it to our financial condition at July 31, 2024. This discussion and analysis should be read in conjunction with our audited financial statements for the year ended July 31, 2024, including footnotes, contained in our Annual Report on Form 10-K, and with the unaudited financial statements for the interim period ended ~~October~~April 3130, ~~2024~~2025, including footnotes, which are included in ~~this~~ this quarterly report.

Overview of the Business

Hartford Creative Group, Inc. (Former name Hartford Great Health Corp.) was originally incorporated in the State of Nevada on April 2, 2008 under the name PhotoAmigo, Inc. It changed its name to Hartford Great Health Corp. on August 22, 2018. On May 11, 2024, the Company further changed its name to Hartford Creative Group, Inc.

Ability to continue as a “going concern”.

The independent registered public accounting firms’ reports on our financial statements as of July 31, 2024, includes a “going concern” explanatory paragraph that describes substantial doubt about the Company’s ability to continue as a going concern. Management’s plans regarding the factors prompting the explanatory paragraph are discussed in the financial statements, including footnotes thereto.

Plan of Operation

After years of experience in education and hospitality, the Company shifted its focus in January 2024 to social media advertising. On January 10, 2024, HFSH changed its legal name from Shanghai Hartford Health Management, Ltd. to Hartford ZY Culture Media (Shanghai) Co., Ltd., hereon refer to as “HFZY”. On June 18, 2024, the Company successfully completed the acquisition of ShangXing HuoMao Network Technology Ltd. (SXHM). HFZY and SXHM started to deliver media and advertisement services. The pent-up demand from social media influencers’ marketing needs on social media apps lead the Company to seize the opportunity in providing advertisement services. ~~the~~The Company begins to engage in social media advertising business on mainstream social media platforms such as Tik Tok, Toutiao, Kwai, RED, WeChat, and more. As an advertising partner of China’s major social media platforms, it aims to provide customers with vertical integration services from early-stage advertising video creativity, photograph shooting, editing, to advertising operation and management on social media apps. The Company will also gradually launch overseas TikTok advertising campaign, providing social media advertising solutions for domestic Chinese customers to engage in international markets in the United States.

During the three and ~~six~~nine months ended ~~January~~April 3130, 2025, the Company recognized revenue of $0.4 million and $01.82 million, respectively, from ~~the~~ the advertisement placement services. The advertisements are published on the targeted media platforms as determined by the customers. ~~Revenue~~ Revenue is recognized at a point in time when the placement of advertisements is completed. As disclosed in Note 1 under category “Revenue Recognition”, the Company is not the principal in executing these transactions. The Company reports the amount received from the customers and the amounts paid to the media platforms or upside agent related to these transactions on a net basis.

Based on market research and discussions among the Board and third-party suppliers and experts, the Company has further developed a plan of mini-drama business. The Company is strategically positioned to capture considerable market interest and enhance revenue streams from our innovative mini-drama business. While initial steps toward this ambitious goal have been initiated, it is important to note that the ~~commencement and future~~ success of the mini-drama venture are not yet guaranteed.

Results of Operations – Three months ended April 30, 2025 Compared to Three months ended April 30, 2024.

The following table presents certain consolidated statement-of-operations information and presentation of that data as a percentage of change from year to year.

	For the Three Months ended April 30,
	2025		2024		Variance
Revenues	$	354,791	$	116,640		204	%
Operating cost and expenses		169,887		86,300		97	%
Operating income		184,904		30,340		509	%
Other income		1,833		23,440		-92	%
Income before income taxes		186,737		53,780		247	%
Income tax expense		95,780		-		100	%
Net income		90,957		53,780		69	%

Revenue: Our revenue primarily comes from advertising placement services, launched in January 2024. During the three months ended April 30, 2025, our revenue significantly increased to $354,791, marking an astounding growth of 204% from $116,640 in the same period of the previous year. This significant growth is driven by effective market expansion strategies and a growing customer base.

Operating Cost and Expenses: Operating costs and expenses rose to $169,887, a 97% increase from $86,300 in the previous year. This increase was primarily due to investments in scaling our operations, including hiring additional labor force, expanding our infrastructure, and increased marketing spend to support the expansion of business operation and our revenue growth.

Operating Income: The operating income increased to $184,904 from $30,340 in the same period last year. This improvement reflects our ability to leverage our increased revenues more effectively against our operating cost base, improving our operational efficiency.

~~Results~~Other ofIncome: ~~Operations~~Other –income ~~Three~~decreased to $1,833 from $23,440 in the same period last year. Other income for the three months ended ~~January 31~~April 30, 2025, ~~Compared~~primarily toconsisted ~~Three~~of interest income from current loan receivables net with interest expense on loans from related parties. Other income for the three months ended ~~January~~April 3130, 2024 was mainly due to the $29,022 recovery from a former major shareholder, following a Section 16 infraction as outlined in Note 4. This amount was partially offset by the interest expenses on loans from related parties.

Income tax expense: We incurred an income tax expense of $95,780 for the three months ended April 30, 2025, which was not present in the previous year. This income tax is a direct result of the increase of profitability.

Net Income: Net income for the three months ended April 30, 2025, was $90,957, a significant improvement from $53,780 in the same period last year. This growth is reflected across various financial metrics, showcasing our ability to scale operations and manage operating costs effectively.

Results of Operations – Nine months ended April 30, 2025 Compared to Nine months ended April 30, 2024.

The following table presents certain consolidated statement-of-operations information and presentation of that data as a percentage of change from year to year.

	For the Three Months ended January 31,
	For the Nine months ended April 30,
	2025		2024			Variance
Revenues	$	~~378~~1,~~037~~200,290	$	62179,~~443~~083			~~505~~570	%
Total operating cost and expenses		201,187		77,447			160	%
Operating cost and expenses		646,464		183,939			251	%
Operating income (loss)		~~176~~553,~~850~~826		(154,~~004~~856	)		-~~1279~~11505	%
Other income (expenses)		42,785		(4,993	)		-957	%
Other income		42,776		13,183			224	%
Income (loss) before income taxes		219,635		(19,997	)		-1198	%
Income before income taxes		596,602		8,327			7065	%
Income tax expense		75234,~~620~~361		-			100	%
Net income (loss)		144,015		(19,997	)		-820	%
Net income		362,241		8,327			4250	%

Revenue: During the ~~three~~nine months ended ~~January~~April 3130, 2025, ~~the~~our revenue ~~was~~significantly ~~primarily~~increased ~~from~~to ~~advertising placement services~~$1,200,290, ~~which~~marking wean ~~launched~~astounding growth of 570% from $179,083 in ~~January~~the ~~2024~~same period of the previous year. ~~For~~During the ~~three~~nine months ended ~~January~~April 3130, ~~2024~~2025, the revenue was primarily from advertising placement services. Of the total revenue recognized in 2024, $116,640 was mainly generated through advertising placement services, while $62,443 was derived from ~~designing~~the design, ~~making~~creation, and ~~placing~~ placement of video ~~advertising~~advertisements for Shanghai DuBian Assets Management Ltd. (“SH Dubian”), which was managed by our ~~former~~ major shareholder’s relatives. ~~This~~ The substantial growth ~~can~~in berevenue ~~attributed~~is attributed to our successful market expansion strategies and ana notable increase in our customer base.

Operating Cost and Expenses: Operating costs and expenses rose to $~~201~~646,~~187~~464, a ~~160~~251% increase from $77183,~~447~~939 in the ~~previous~~same period of the previous year. This increase was primarily due to investments in scaling our operations, including hiring additional labor force, expanding our infrastructure, and increased marketing spend to support the expansion of business ~~operation~~operations and our revenue growth.

Operating Income (Loss): The operating income turned positive, reaching $~~176~~553,~~850~~826 from a loss of $154,~~004~~856 in the same period last year. This improvement reflects our ability to leverage our increased revenues more effectively against our operating cost base, improving our operational efficiency.

Other Income ~~(Expense)~~: Other income ~~significantly~~increased ~~improved~~ to $42,~~785~~776 from ~~an expense of~~ $413,~~993~~183 in the same period last year. ~~Other income~~This ~~for~~improvement ~~the~~in ~~three~~other ~~months~~income ~~ended~~was ~~January~~due to ~~31,~~various ~~2025~~factors, ~~primarily~~which ~~consisted~~include ofgains ~~$21,362~~from ~~gain~~subsidiary ~~on disposal of HZHF and SHDZ~~disposals, ~~$20,884 granted by local~~ government grants, and interest income from current loan receivables net with interest expense on loans from related parties. Other ~~expense~~ income for the ~~three~~nine months ended ~~January~~April 3130, 2024 was mainly ~~resulted~~due to the $29,022 recovery from a former major shareholder, following a Section 16 infraction as outlined in Note 4, and partially offset by the interest expenses on loans from related parties.

Income tax expense: We incurred an income tax expense of $75234,~~620~~361 for the ~~three~~nine months ended ~~January~~April 3130, 2025, which was not present in in the previous year. This income tax is a direct result of ~~the~~our ~~increase~~increased of profitability before taxes.

Net Income ~~(Loss)~~: ~~Net~~We recorded a net income of $362,241 for the ~~three~~nine months ended ~~January~~April 3130, 2025, ~~was~~compared ~~$144,015,~~to a ~~significant improvement from the~~ net ~~loss~~ income of $198,~~997~~327 in for the same period ~~last~~of ~~year~~2024. This growth is reflected across various financial metrics, showcasing our ability to scale operations and manage operating costs effectively.

Results of Operations – Six months ended January 31, 2025 Compared to Six months ended January 31, 2024.

The following table presents certain consolidated statement-of-operations information and presentation of that data as a percentage of change from year to year.

	For the Six Months ended January 31,
	2025		2024			Variance
Revenues	$	845,499	$	62,443			1254	%
Total operating cost and expenses		476,577		97,639			388	%
Operating income (loss)		368,922		(35,196	)		-1148	%
Other income (expenses)		40,943		(10,257	)		-499	%
Income (loss) before income taxes		409,865		(45,453	)		-1002	%
Income tax expense		138,581		-			100	%
Net income (loss)		271,284		(45,453	)		-697	%

Revenue: During the six months ended January 31, 2025, our revenue significantly increased to $845,499, marking an astounding growth of 1254% from $62,443 in the same period of the previous year. This substantial growth can be attributed to our successful market expansion strategies and a notable increase in our customer base.

Operating Cost and Expenses: Operating costs and expenses rose to $476,577, a 388% increase from $97,639 in the same period of the previous year. This increase was primarily due to investments in scaling our operations, including hiring additional labor force, expanding our infrastructure, and increased marketing spend to support the expansion of business operations and our revenue growth.

Operating Income (Loss): The operating income turned positive, reaching $368,922 from a loss of $35,196 in the same period last year. This improvement reflects our ability to leverage our increased revenues more effectively against our operating cost base, improving our operational efficiency.

Other Income (Expense): Other income improved to $40,943 from an expense of $10,257 in the same period last year. This improvement in other income was due to various factors, which include gains from subsidiary disposals, government grants, and interest income from current loan receivables net with interest expense on loans from related parties. Other expense for the six months ended January 31, 2024 was mainly resulted from interest expenses.

Income tax expense: We incurred an income tax expense of $138,581 for the six months ended January 31, 2025, which was not present in the previous year. This income tax is a direct result of our increased profitability before taxes.

Net Income (Loss): We recorded a net income of $271,284 for the six months ended January 31, 2025, compared to a net loss of $45,453 for the same period of 2024. This growth is reflected across various financial metrics, showcasing our ability to scale operations and manage operating costs effectively.

Liquidity and Capital Resources

As of ~~January~~April 3130, 2025, we had a working capital deficit of $3,~~259~~125,~~662~~623 comprised of current assets of $12,~~774~~103,~~245~~623 and current liabilities of of $5,~~033~~229,~~907~~246. This represents a decrease of $~~306~~440,~~303~~342 in the working capital deficit from the July 31, 2024 amount of $3,565,965. We ~~had~~ had an accumulated deficit of $5,~~639~~548,~~559~~602 compared to $5,910,843 at the previous year end. To date, we have funded our operations through short-term debt and equity financing.

As of ~~January~~April 3130, 2025, the Company has issued a total of ~~100~~25,~~108~~027,~~000~~004 shares (reflecting the 1 for 4 Reverse Stock Split) of common stock. On December 11, 2018, 9624,~~090~~022,~~000~~500 shares of common stock were issued at the price of $0.0208 per share to raise an additional $1,921,800 in capital. On November 24, 2020, the Company issued additional 1250,000~~,000~~ shares of common stock to a significant shareholder of the Company at $0.0208 per share.

We will seek additional financing in the form of debt or equity. There is no assurance that we will be able to obtain any needed financing on favorable terms, or at all, or that we will find qualified purchasers for the sale of our stock. If we are unable to raise sufficient capital, we will be required to delay or forego some of our business plan, which would have a material adverse effect on our anticipated results from operations and financial condition. Any sales of our securities would dilute the ownership of our existing investors.

Future Capital Expenditures

We believe that our funding requirements for the next twelve months will be in excess of $2,000,000. We are currently seeking further funding through related parties’ loan and finance.

We are in the process of uplisting the Company’s stock from the OTC market to the Nasdaq exchange. Assuming all conditions are met in our favor, we plan to raise capital through either debt or equity financing. The proceeds from this financing will be used to cover the costs related to the uplisting procedure.

Cash Flows – ~~Six~~Nine months ended ~~January~~April 3130, 2025 Compared to ~~Six~~Nine months ended ~~January~~April 3130, 2024

Operating Activities

Cash provided by operating activities was $~~183~~24,~~914~~708 for the ~~six~~nine months ended ~~January~~April 3130, 2025 as compared to $3418,~~293~~498 ~~cash used~~ in the ~~operations for~~comparable ~~the same~~ period in 2024. During the ~~six~~nine months ended ~~January~~April 3130, 2025, we recorded net income of $~~271~~362,~~284~~ 241, a $1,~~561~~504,~~253~~496 decrease of advance to ~~contract~~contractors, a $~~449~~214,~~264~~932 decrease of accounts receivable, a $1516,~~995~~302 increase of related party payables and a $139,~~445~~846 decrease of prepaid and other current receivable, offset by a $1,~~214~~061,~~039~~531 decrease of ~~accounts payable, a $770,664 decrease of~~ contract liabilities, a $72898,~~542~~895 decrease of ~~other~~accounts ~~current~~ payable, and a $4899,~~542~~968 increase of deferred offering cost.

During the ~~six~~nine months ended ~~January~~April 3130, 2024, we recorded net ~~loss~~income of $458,~~453~~327, ~~offset~~a by$262,872 increase of contract liabilities, a $1029,~~330~~757 increase of other current payable, a $15,818 increase of related party payables, and offset by a $291,448 increase of advance to contractors.

Investing activities

The cash used in investing activities was $~~529~~527,~~298~~047 for the ~~six~~nine months ended ~~January~~April 3130, 2025 primarily as a result of short term loan receivables with 3% interest rate, matured in July and August, 2025. Nil of investing activities occurred during the ~~same~~comparable period in 2024.

Financing activities

~~Cash~~For the nine months ended April 30, 2025, cash provided by financing activities ~~was~~totaled $ 19239,~~796~~223, ~~for~~primarily ~~the~~from ~~six~~related-party ~~months~~advances ~~ended~~of $341,434 ~~January~~from ~~31,~~a ~~2025,~~relative ~~primarily~~of ~~due~~a tocurrent ~~the~~major shareholder and proceeds offrom notes payable of $201,200, ~~and~~partially offset by ~~the~~repayments ~~repayment~~ of notes payable $of 60$195,000 and ~~repayment of~~ non-interest-bearing ~~payable~~payables of $~~121~~108,~~404~~411. InFor the ~~same~~ comparable period of 2024, cash provided by financing activities ~~was~~amounted to $3616,~~971~~512, primarily from proceeds of notes payable ~~and~~of ~~funding~~$141,978, ~~support~~partially ~~from~~offset by repayments of notes payable of $70,000 and related-party ~~parties~~advances of $55,466. The notes payable was borrowed from related parties ~~with~~at a 5% annual interest rate. See Note 4 Related Party Transactions.

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Off-Balance Sheet Arrangements

As of and subsequent to ~~January~~April 3130, 2025, we have no off-balance sheet arrangements.

Contractual Commitments

As of ~~January~~April 3130, 2025, we don’t have material contractual commitments.

Critical Accounting Policies

There have been no other changes in our critical accounting policies since our most recent audit dated July 31, 2024.

Item 3. Quantitative and Qualitative Disclosures about Market Risk

As a “smaller reporting company” as defined by Item 10 of Regulation S-K, we are not required to provide information required by this Item.

Item 4. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

An evaluation was performed under the supervision of our management, including our Chief Executive Officer and Interim Chief Financial Officer (principal financial officer), of the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) of the Exchange Act) as of the end of the period covered by this Quarterly Report. Based on that evaluation, our management, including our Chief Executive Officer and ~~Interim~~ Chief Financial Officer, concluded that, as of ~~January~~April 3130, 2025, our ~~disclosure~~ disclosure controls and procedures were not effective to ensure that information we are required to disclose in reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms due to material weaknesses in our internal controls described below.

Management’s Report on Internal Control over Financial Reporting

Management’s assessment identified several material weaknesses in our internal control over financial reporting. These material weaknesses include the following:

● ~~Lack~~The ofCompany ~~proper~~did ~~authorization~~not ~~and~~implement ~~approval~~sufficient working procedures onand ~~significant~~maintain ~~business~~proper ~~transactions.~~accounting ●supporting ~~Lack~~for ofthe ~~competence~~new ~~accounting~~business ~~personnel~~operation model at ~~entity~~the ~~level~~operational ~~and~~subsidiary ~~proper segregation of duties implemented~~level.

Changes in Internal Control

During the ~~six~~Nine months ended ~~January~~April 3130, 2025, there has been no change in internal control within the Company.

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PART II – OTHER INFORMATION

Item 1. Legal Proceedings.

We were not subject to any other legal proceedings during the ~~six~~nine months ended ~~January~~April 3130, 2025, and are not currently subject to any legal proceedings, and to the best of our knowledge, no such proceeding is threatened, the results of which would have a material impact on our results of operation or financial condition. Nor, to the best of our knowledge, are any of our officers or directors involved in any legal proceedings in which we are an adverse party.

Item 1A. Risk Factors.

As a “smaller reporting company” as defined by Item 10 of Regulation S-K, we are not required to provide information required by this Item.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

None

Item 3. Defaults Upon Senior Securities.

None

Item 4. Mine Safety Disclosures

Not applicable to our Company.

Item 5. Other Information

Not applicable to our Company.

Item 6. Exhibits.

The following exhibits are filed with or incorporated by referenced in this report:

Exhibit Index

Exhibit No.		Description
3.1		Certificate of Amendment to Articles of Incorporation filed with the Nevada Secretary of State on May 11, 2024

31.1*		Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 for Sheng-Yih Chang.

31.2*		Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 for Lili Dai

32.1*		Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 for Sheng-Yih Chang and Lili Dai

101		Interactive Data Files
101.INS		Inline XBRL Instance Document
101.SCH		Inline XBRL Taxonomy Extension Schema Document
101.CAL		Inline XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF		Inline XBRL Taxonomy Extension Definition Linkbase Document
101.LAB		Inline XBRL Taxonomy Extension Label Linkbase Document
101.PRE		Inline XBRL Taxonomy Extension Presentation Linkbase Document
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

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SIGNATURES

In accordance with Section 13 or 15(d) of the Exchange Act of 1934, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	~~HARTFORD CREATIVE GROUP, INC.~~	HARTFORD CREATIVE GROUP, INC.
Date: March 17, 2025	By:	/s/ Sheng-Yih Chang
Date: June 13, 2025	By:	/s/ Sheng-Yih Chang
		Sheng-Yih Chang
		Chief Executive Officer

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