Company: AOAO
Filing Date: 2025-02-24
Form Type: S-1/A
Source: 0001493152-25-008010
Chunk: 112

Company: Alpha One Inc.
Filing Date: 2025-02-24
Form: S-1/A
Chunk 112
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,245 |     |   |   480,286 |
| Xiaocai Yu                                              |     |                |         - |     |   |    35,173 |
| ShuHua Liu                                              |     |                |   488,099 |     |   |   331,568 |
| Shenzhen Baiyuwang E-commerce Co., Ltd                  |     |                |     6,925 |     |   |    72,806 |
| Alpha Cultural Education Consulting (Shenzhen) Co., Ltd |     |                |   276,996 |     |   |    72,806 |
| Shenzhen Zhongyun Holding Investment Company Co., Ltd   |     |                |    34,625 |     |   |         - |
|                                                         |     | $              | 1,376,439 |     | $ | 1,543,043 |

| F-17 |

Cost of revenues from related parties during the years ended March 31, 2024 and 2023 is as follows:

|                                                                |     | For the years ended March 31, | 2024 |     |   |    2023 |
|:---------------------------------------------------------------|:----|:------------------------------|-----:|:----|:--|--------:|
| Shenzhen Zhongyun Information Technology Co., Ltd              |     | $                             |    - |     | $ | 607,148 |
| Shenzhen Zhongyun Electronic Intelligent Technology Co., Ltd   |     |                               |    - |     |   |   1,984 |
| Shenzhen Nanshan District Zhongyun Computer Development Center |     |                               |  575 |     |   |       - |
|                                                                |     | $                             |  575 |     | $ | 609,132 |

Due from related party mainly consists of funds advanced to related parties as borrowings or funds advanced to pay off the Company’s expenses. The balances are unsecured, non-interest bearing.

Due to related parties mainly consists of borrowings for working capital purpose, the balances are unsecured, non-interest bearing and due on demand.

In addition, during the years ended March 31, 2024 and 2023, these related parties paid expenses on the Company’s behalf in an amount of $354,550 and nil, respectively.

NOTE 11 – OPERATING LEASES

As of March 1, 2022, the Company has one operating lease agreements