# EDGAR Filing Document

**Accession Number:** 0001699709
**File Stem:** 0001683168-25-009163
**Filing Date:** 2025-12
**Character Count:** 70237
**Document Hash:** 7f0aedffd5f9fdcbcb4ac9f43a0943a3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001683168-25-009163.hdr.sgml**: 20251215

**ACCESSION NUMBER**: 0001683168-25-009163

**CONFORMED SUBMISSION TYPE**: 10-Q

**PUBLIC DOCUMENT COUNT**: 58

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251215

**DATE AS OF CHANGE**: 20251215

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** YIJIA GROUP CORP.
- **CENTRAL INDEX KEY:** 0001699709
- **STANDARD INDUSTRIAL CLASSIFICATION:** WHOLESALE-APPAREL, PIECE GOODS & NOTIONS [5130]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 352583762
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** 10-Q
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-218733
- **FILM NUMBER:** 251572025

**BUSINESS ADDRESS:**
- **STREET 1:** 39 E. BROADWAY, STE 603
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10002
- **BUSINESS PHONE:** 919-869-0279

**MAIL ADDRESS:**
- **STREET 1:** 39 E. BROADWAY, STE 603
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10002

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** YIJIA GROUP CORP
- **DATE OF NAME CHANGE:** 20181204

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Soldino Group Corp
- **DATE OF NAME CHANGE:** 20170303

?xml version='1.0' encoding='ASCII'? Yijia Group Corp. Form 10-Q

[**Table of Contents**](#q2_01)

**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 October 31, 2025**

☐ Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the transition period from __________ to __________

Commission File Number: 333-218733

**<u>Yijia Group Corp.</u>**

(Exact name of registrant as specified in its charter)

---

| | |
|:---|:---|
| **<u>Nevada</u>** | **<u>35-2583762</u>** |
| (State or Other Jurisdiction of Incorporation or Organization) | (IRS Employer Identification Number) |
| **<u>39 E Broadway, Suite 603, New York, NY</u>** | **<u>10002</u>** |
| (Address of principal executive offices) | (Zip Code) |

---

**<u>Tel: +1-516-886-8888</u>**

(Registrant's telephone number, including area code)

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

Title of each class Name of each exchange on which registered <br> N/A N/A

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 ☒ &nbsp;&nbsp;&nbsp;&nbsp; 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 ☒ &nbsp;&nbsp;&nbsp;&nbsp; No ☐

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

Large accelerated filer ☐ <u>Accelerated filer ☐</u> <u>Non-accelerated filer ☒</u> <u>Emerging growth company ☐</u> <u>Smaller reporting company ☒</u>

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 ☐ &nbsp;&nbsp;&nbsp;&nbsp; No ☒

The number of shares of the issuer's common stock issued and outstanding was 25,012,270, as of December 15, 2025.

**QUARTERLY REPORT ON FORM 10-Q**

**TABLE OF CONTENTS**

---

| | | |
|:---|:---|:---|
|  |  | **Page** |
| **PART I** | **[FINANCIAL INFORMATION:](#q2_02)** |  |
| Item 1. | [Financial Statements](#q2_03) | 3 |
|  | [Unaudited Condensed Consolidated Balance Sheets as of October 31, 2025 and April 30, 2025](#q2_04) | 4 |
|  | [Unaudited Condensed Consolidated Statements of Operations for the Three and Six Months ended October 31, 2025 and 2024](#q2_05) | 5 |
|  | [Unaudited Condensed Consolidated Statements of Changes in Shareholders' Equity for the Three and Six Months Ended October 31, 2025 and 2024](#q2_06) | 6 |
|  | [Unaudited Condensed Consolidated Statements of Cash Flows for the Six Months ended October 31, 2025 and 2024](#q2_07) | 7 |
|  | [Notes to the Unaudited Condensed Consolidated Financial Statements](#q2_08) | 8 |
| Item 2. | [Management's Discussion and Analysis of Financial Condition and Results of Operations](#q2_09) | 20 |
| Item 3. | [Quantitative and Qualitative Disclosures About Market Risk](#q2_10) | 27 |
| Item 4. | [Controls and Procedures](#q2_11) | 27 |
| **PART II** | **[OTHER INFORMATION:](#q2_12)** |  |
| Item 1. | [Legal Proceedings](#q2_13) | 28 |
| Item 1A | [Risk Factors](#q2_14) | 28 |
| Item 2. | [Unregistered Sales of Equity Securities and Use of Proceeds](#q2_15) | 28 |
| Item 3. | [Defaults Upon Senior Securities](#q2_16) | 28 |
| Item 4. | [Mine Safety Disclosures](#q2_17) | 28 |
| Item 5. | [Other Information](#q2_18) | 28 |
| Item 6. | [Exhibits](#q2_19) | 28 |
| [Signatures](#q2_20) | [Signatures](#q2_20) | 29 |

---

**PART I – FINANCIAL INFORMATION**

---

| | |
|:---|:---|
| **ITEM 1.** | **FINANCIAL STATEMENTS** |

---

The accompanying interim consolidated financial statements of Yijia Group Corp. ("the Company", "we", "us" or "our") have been prepared without audit pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with United States generally accepted principles have been condensed or omitted pursuant to such rules and regulations.

The interim consolidated financial statements are condensed and should be read in conjunction with the Company's latest annual consolidated financial statements.

In the opinion of management, the consolidated financial statements contain all material adjustments, consisting only of normal adjustments considered necessary to present fairly the financial condition, results of operations, and cash flows of the Company for the interim periods presented.

**YIJIA GROUP CORP.**

**UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS**

---

| | | |
|:---|:---|:---|
|  | October 31, 2025 | April 30, 2025 |
|  | (Unaudited) | |
| **ASSETS** |  |  |
| Current assets: |  |  |
| &nbsp;&nbsp;&nbsp;Cash | $1259281 | $782810 |
| &nbsp;&nbsp;&nbsp;Accounts receivable | 882612 | 1266951 |
| &nbsp;&nbsp;&nbsp;Advances to vendors | 172310 | 158802 |
| &nbsp;&nbsp;&nbsp;Prepayment | 7333 |  |
| &nbsp;&nbsp;&nbsp;Inventories | 11267 | 44247 |
| &nbsp;&nbsp;&nbsp;Other current assets | 3441 | 3441 |
| Total current assets | 2336244 | 2256251 |
| **TOTAL ASSETS** | $2336244 | $2256251 |
| **LIABILITIES AND SHAREHOLDERS' EQUITY** |  |  |
| Current Liabilities: |  |  |
| &nbsp;&nbsp;&nbsp;Accrued expenses | $68713 | $60065 |
| &nbsp;&nbsp;&nbsp;Accounts payable | 168450 |  |
| &nbsp;&nbsp;&nbsp;Deferred revenue | 4286 |  |
| &nbsp;&nbsp;&nbsp;Other current liabilities | 3951 | 820 |
| &nbsp;&nbsp;&nbsp;Income tax payable | 192651 | 286682 |
| Total current liabilities | 438051 | 347567 |
| **TOTAL LIABILITIES** | 438051 | 347567 |
| Commitments and Contingencies |  |  |
| Shareholders' equity: |  |  |
| &nbsp;&nbsp;&nbsp;Common Stock, $0.001 par value; 75,000,000 shares authorized; 25,012,270 shares issued and outstanding as of October 31, 2025 and April 30, 2025 | 25012 | 25012 |
| &nbsp;&nbsp;&nbsp;Additional paid in capital | 1012971 | 1012971 |
| &nbsp;&nbsp;&nbsp;Shares to be issued – 50,000 shares of common stock | 3000 | 3000 |
| &nbsp;&nbsp;&nbsp;Retained earnings | 857210 | 867701 |
| Total Shareholders' Equity | 1898193 | 1908684 |
| **TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY** | $2336244 | $2256251 |

---

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

**YIJIA GROUP CORP.**

**UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS**

**FOR THE THREE AND SIX MONTHS ENDED OCTOBER 31, 2025 AND 2024 (UNAUDITED)**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Three months ended <br> October 31, | Three months ended <br> October 31, | Six months ended <br> October 31, | Six months ended <br> October 31, |
|  | 2025 | 2024 | 2025 | 2024 |
| **Revenue, net** | $427115 | $292118 | $531014 | $400595 |
| Cost of revenue | (166312) | (136284) | (201430) | (171588) |
| **Gross profit** | 260803 | 155834 | 329584 | 229007 |
| Operating expenses |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales and distribution expenses | (2900) | (159) | (2900) | (7189) |
| &nbsp;&nbsp;&nbsp;Personnel and benefit costs | (39289) | (52968) | (74216) | (106952) |
| &nbsp;&nbsp;&nbsp;General and administrative expenses | (119444) | (40107) | (185738) | (97680) |
| Total operating expenses | (161633) | (93234) | (262854) | (211821) |
| **Income from operations** | 99170 | 62600 | 66730 | 17186 |
| Other income (expense): |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Other income | 120 | 300 | 120 | 300 |
| &nbsp;&nbsp;&nbsp;Interest expenses | – | (2125) | – | (2125) |
| Total other expense, net | 120 | (1825) | 120 | (1825) |
| **Income before income tax** | 99290 | 60775 | 66850 | 15361 |
| Income tax expense | (63480) | (28128) | (77341) | (37925) |
| **Net income (loss)** | $35810 | $32647 | $(10491) | $(22564) |
| Income (loss) per share, basic and diluted | $0.00 | $0.00 | $(0.00) | $(0.00) |
| Weighted average number of shares outstanding, basic and diluted | 25012270 | 25012270 | 25012270 | 25012270 |

---

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

**YIJIA GROUP CORP.**

**UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (DEFICIT)**

**FOR THE SIX MONTHS ENDED OCTOBER 31, 2025 AND 2024 (UNAUDITED)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Common Stock** | **Common Stock** | | | | |
|  | **No. of<br> shares** | **Amount** |<br>**Additional<br> paid-in<br> capital** |<br>**Shares to be issued** |<br>**Retained earnings (accumulated <br> deficit)** |<br>**Total<br> shareholders'<br> equity** |
| Balance as of May 1, 2025 | 25012270 | $25012 | $1012971 | $3000 | $867701 | $1908684 |
| Net loss for the period | – | – | – | – | (46301) | (46301) |
| Balance as of July 31, 2025 | 25012270 | $25012 | $1012971 | $3000 | $821400 | $1862383 |
| Net income for the period | – | – | – | – | 35810 | 35810 |
| Balance as of October 31, 2025 | 25012270 | $25012 | $1012971 | $3000 | $857210 | $1898193 |
| Balance as of May 1, 2024 | 25012270 | $25012 | $1012971 | $1000 | $16955 | $1055938 |
| Share-based compensation – 15,000 shares |  |  |  | 750 |  | 750 |
| Net loss for the period | – | – | – | – | (55211) | (55211) |
| Balance as of July 31, 2024 | 25012270 | $25012 | $1012971 | $1750 | $(38256) | $1001477 |
| Share-based compensation – 15,000 shares |  |  |  | 750 |  | 750 |
| Net income for the period | – | – | – | – | 32647 | 32647 |
| Balance as of October 31, 2024 | 25012270 | $25012 | $1012971 | $2500 | $(5609) | $1034874 |

---

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

**YIJIA GROUP CORP.**

**UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS**

**FOR THE SIX MONTHS ENDED OCTOBER 31, 2025 AND 2024 (UNAUDITED)**

---

| | | |
|:---|:---|:---|
|  | Six months ended October 31, | Six months ended October 31, |
|  | 2025 | 2024 |
| **Cash flows from operating activities:** |  |  |
| Net loss | $(10491) | $(22564) |
| Adjustment to reconcile net income (loss) used in operating activities: |  |  |
| &nbsp;&nbsp;&nbsp;Interest expenses |  | 2125 |
| &nbsp;&nbsp;&nbsp;Share-based compensation |  | 1500 |
| Changes in operating assets and liabilities: |  |  |
| &nbsp;&nbsp;&nbsp;Inventories | 32980 | (170221) |
| &nbsp;&nbsp;&nbsp;Accounts receivable | 384339 | (57700) |
| &nbsp;&nbsp;&nbsp;Advances to vendors | (13508) | (210912) |
| &nbsp;&nbsp;&nbsp;Prepayment | (7333) |  |
| &nbsp;&nbsp;&nbsp;Other current assets |  | 2638 |
| &nbsp;&nbsp;&nbsp;Accrued liabilities | 8648 | 6501 |
| &nbsp;&nbsp;&nbsp;Accounts payable | 168450 |  |
| &nbsp;&nbsp;&nbsp;Deferred revenue | 4286 |  |
| &nbsp;&nbsp;&nbsp;Other current liabilities | 3131 | (7400) |
| &nbsp;&nbsp;&nbsp;Income tax payable | (94031) | (39208) |
| Net cash provided by (used in) operating activities | 476471 | (495241) |
| **Cash flows from financing activity:** |  |  |
| &nbsp;&nbsp;&nbsp;Proceeds from a related party | – | 125000 |
| Net cash provided by financing activity | – | 125000 |
| **Net change in cash** | 476471 | (370241) |
| **Cash, beginning of period** | 782810 | 593036 |
| **Cash, end of period** | $1259281 | $222795 |
| **SUPPLEMENTAL CASH FLOW INFORMATION:** |  |  |
| &nbsp;&nbsp;&nbsp;Interest paid | $– | $– |
| &nbsp;&nbsp;&nbsp;Income taxes paid | $94031 | $9797 |

---

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

**YIJIA GROUP CORP.**

**NOTES TO THE UNAUDITED CONDENSED 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 dietary supplement products and health consultation services to domestic and international customers.

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| Name | Place of incorporation<br> and kind of<br> legal entity | Principal activities<br> and place of operation | Particulars of issued/<br> registered share<br> capital | Effective interest<br> Held |
| NutriPeak Trading Corporation ("NTC") | State of Nevada, United States of America, Corporation | Marketing and supplying dietary supplement products | 100 shares of common stock, par value $1 per share | 100% |

---

YJGJ and its subsidiary are hereinafter referred to as the "Company".

**NOTE 2 – *SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES***

 ****

***Basis of Presentation***

The accompanying unaudited condensed consolidated financial statements have been prepared by management in accordance with both accounting principles generally accepted in the United States ("GAAP"), and the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Certain information and note disclosures normally included in audited consolidated financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to those rules and regulations, although the Company believes that the disclosures made are adequate to make the information not misleading. The unaudited condensed consolidated financial statements are presented in US dollars, which is the Company's functional currency.

In the opinion of management, the condensed balance sheet as of April 30, 2025 which has been derived from audited consolidated financial statements and these unaudited condensed consolidated financial statements reflect all normal and considered necessary to state fairly the results for the periods presented. The results for the period ended October 31, 2025 are not necessarily indicative of the results to be expected for the entire fiscal year ending April 30, 2026 or for any future period.

These unaudited condensed consolidated financial statements and notes thereto should be read in conjunction with the Management's Discussion and the audited consolidated financial statements and notes thereto included in the Annual Report on Form 10-K for the year ended April 30, 2025, filed with the SEC on July 24, 2025.

***Principles of Consolidation***

The unaudited condensed 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 unaudited condensed consolidated balance sheets, unaudited condensed 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 unaudited condensed consolidated financial statements and accompanying notes. Actual results could differ from those estimates.

Significant areas for which management uses estimates include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· 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.

***Revenue Recognition***

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· 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 dietary supplement products and health consultation services to customers.

The sale and distribution of dietary supplement products, such as Nicotinamide Riboside capsules, has only one performance obligation under the fixed-fee arrangements. Revenue is recognized from the sale of their dietary supplement 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.

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:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |  | For the three months ended<br> October 31, | For the three months ended<br> October 31, | For the six months ended<br> October 31, | For the six months ended<br> October 31, |
| Type of products or services | Timing of revenue recognition | 2025 | 2024 | 2025 | 2024 |
| Consultancy service fee income | Services transferred over time | $6489 | $3838 | $10714 | $3838 |
| Sales of dietary supplement products | Goods transferred at a point in time | 420626 | 288280 | 520300 | 396757 |
| Total |  | $427115 | $292118 | $531014 | $400595 |

---

***Recent Accounting Standard 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 adopted this amended guidance on May 1, 2025 and concluded there is no significant impact 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 adopted the amended guidance on May 1, 2025 and concluded there was no impact on its consolidated financial statements.

***Accounting Standards Issued but Not Yet Adopted***

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. The Company is currently evaluating the effect of adopting the new disclosure requirements.

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

**NOTE 3 *— SEGMENT REPORTING***

 ****

Currently, the Company has two reportable business segments:

&nbsp;&nbsp;&nbsp;&nbsp;(i) Consulting Service Segment, mainly provides consulting advisory services in management business, accounting and financial services; and

(ii) Dietary supplement Segment, mainly provides dietary supplement products.

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

---

| | | | |
|:---|:---|:---|:---|
|  | Three Months ended October 31, 2025 | Three Months ended October 31, 2025 | Three Months ended October 31, 2025 |
|  | Dietary<br> Supplement <br> Segment | Consulting Service <br> Segment | Total |
| Revenue from external customers: |  |  |  |
| Consulting service income | $– | $6489 | 6489 |
| Sale of dietary supplement products | 420626 | – | 420626 |
| Total revenue | 420626 |  | 427115 |
| Cost of revenue: |  |  |  |
| Consulting service income |  |  |  |
| Sale of dietary supplement products | (166312) | – | (166312) |
| Total cost of revenue | (166312) | – | (166312) |
| Gross profit | 254314 | 6489 | 260803 |
| Operating Expenses |  |  |  |
| Sales and distribution expenses | (2900) |  | (2900) |
| Personal and benefit costs | (11739) | (27549) | (39289) |
| General and administrative | (7546) | (111899) | (119444) |
| Total operating expenses | (22185) | (139448) | (161633) |
| Segment income (loss) | $232129 | $(132959) | $99170 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | Six Months ended October 31, 2025 | Six Months ended October 31, 2025 | Six Months ended October 31, 2025 |
|  | Dietary<br> Supplement<br> Segment | Consulting Service <br> Segment | Total |
| Revenue from external customers: |  |  |  |
| Consulting service income | $– | $10714 | 10714 |
| Sale of dietary supplement products | 520300 | – | 520300 |
| Total revenue | 520300 | 10714 | 531014 |
| Cost of revenue: |  |  |  |
| Consulting service income |  |  |  |
| Sale of dietary supplement products | (201430) | – | (201430) |
| Total cost of revenue | (201430) | – | (201430) |
| Gross profit | 318870 | 10714 | 329584 |
| Operating Expenses |  |  |  |
| Sales and distribution expenses | (2900) |  | (2900) |
| Personal and benefit costs | (23479) | (50737) | (74216) |
| General and administrative | (9960) | (175778) | (185738) |
| Total operating expenses | (36339) | (226515) | (262854) |
| Segment income (loss) | $282531 | $(215801) | $66730 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | Three Months ended October 31, 2024 | Three Months ended October 31, 2024 | Three Months ended October 31, 2024 |
|  | Dietary<br> Supplement<br> Segment | Consulting Service <br> Segment | Total |
| Revenue from external customers: |  |  |  |
| Consulting service income | $– | $3838 | $3838 |
| Sale of dietary supplement products | 288280 | – | 288280 |
| Total revenue | 288280 | 3838 | 292118 |
| Cost of revenue: |  |  |  |
| Consulting service income |  |  |  |
| Sale of dietary supplement products | (136284) | – | (136284) |
| Total cost of revenue | (136284) | – | (136284) |
| Gross profit | 151996 | 3838 | 155834 |
| Operating Expenses |  |  |  |
| Selling and distribution | (159) |  | (159) |
| Personal and benefit costs | (17723) | (35245) | (52968) |
| General and administrative | (12216) | (27891) | (40107) |
| Total operating expenses | (30098) | (63136) | (93234) |
| Segment income (loss) | $121898 | $(59298) | $62600 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | Six Months ended October 31, 2024 | Six Months ended October 31, 2024 | Six Months ended October 31, 2024 |
|  | Dietary<br> Supplement <br> Segment | Consulting Service <br> Segment | Total |
| Revenue from external customers: |  |  |  |
| Consulting service income | $– | $3838 | $3838 |
| Sale of dietary supplement products | 396757 | – | 396757 |
| Total revenue | 396757 | 3838 | 400595 |
| Cost of revenue: |  |  |  |
| Consulting service income |  |  |  |
| Sale of dietary supplement products | (171588) | – | (171588) |
| Total cost of revenue | (171588) | – | (171588) |
| Gross profit | 225169 | 3838 | 229007 |
| Operating Expenses |  |  |  |
| Selling and distribution | (7189) |  | (7189) |
| Personal and benefit costs | (36462) | (70490) | (106952) |
| General and administrative | (12967) | (84713) | (97680) |
| Total operating expenses | (56618) | (155203) | (211821) |
| Segment income (loss) | $168551 | $(151365) | $17186 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Three Months ended October 31, | Three Months ended October 31, | Six Months ended October 31, | Six Months ended October 31, |
|  | 2025 | 2024 | 2025 | 2024 |
| China | $– | $79200 | $– | $79200 |
| Hong Kong |  | 92296 |  | 200773 |
| United States of America | 427115 | 120622 | 531014 | 120622 |
| Total | $427115 | $292118 | $531014 | $400595 |

---

**NOTE 4 *－ ACCOUNTS RECEIVABLE***

---

| | | |
|:---|:---|:---|
|  | October 31, 2025 | April 30, 2025 |
| Accounts receivable | $882612 | $1266951 |
| Less: allowance for expected credit losses | – | – |
| **Total** | $882612 | $1266951 |

---

For the three and six months ended October 31, 2025 and 2024, no allowance of expected credit losses was recorded by the Company.

The Company generally conducts its business with creditworthy third parties. The Company determines, on a continuing basis, the probable losses and an allowance for expected credit losses, based on several factors including internal risk ratings, customer credit quality, payment history, historical bad debt/write-off experience and forecasted economic and market conditions. Accounts receivable are written off after exhaustive collection efforts occur and the receivable is deemed uncollectible. In addition, receivable balances are monitored on an ongoing basis and its exposure to bad debts is not significant.

**NOTE 5 *－ INVENTORIES***

Inventories comprised of the following:

---

| | | |
|:---|:---|:---|
|  | October 31, 2025 | April 30, 2025 |
| Finished goods | $11267 | $44247 |

---

For the three and six months ended October 31, 2025 and 2024, no allowance for obsolete inventories was recorded by the Company.

**NOTE 6*－ INCOME TAX EXPENSE***

The income tax provision for the six months ended October 31, 2025 and 2024, consists of the following:

---

| | | |
|:---|:---|:---|
|  | Six Months ended October 31, | Six Months ended October 31, |
|  | 2025 | 2024 |
| Federal |  |  |
| &nbsp;&nbsp;&nbsp;Current | $59357 | $35459 |
| &nbsp;&nbsp;&nbsp;Deferred |  | 2466 |
| State |  |  |
| &nbsp;&nbsp;&nbsp;Current | 17984 |  |
| &nbsp;&nbsp;&nbsp;Deferred | – | – |
| Income tax provision | $77341 | $37925 |

---

The deferred tax assets as of October 31, 2025 and April 30, 2025 were $147,929 and $102,611, respectively, which were fully reserved for valuation allowance. The net change in valuation allowance as of October 31, 2025 and April 30, 2025 was $45,318. 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 October 31, 2025 and April 30, 2025. 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 for the six months ended October 31, 2025 and 2024, consists of the following:

---

| | | |
|:---|:---|:---|
|  | Six months ended October 31, | Six months ended October 31, |
|  | 2025 | 2024 |
| Statutory federal income tax rate | 21.0% | 21.0% |
| Deferred tax asset | (67.8%) | (189.3%) |
| Change in valuation allowance | 67.8% | 189.3% |
| Adjustment to current year taxes | 67.8% | 189.3% |
| Effective Tax Rate | 88.8% | 210.3% |

---

The effective tax rate differs from the statutory tax rate of 21% for the six months ended October 31, 2025 and 2024, primarily due to the adjustment to current year taxes and valuation allowance on the deferred tax assets.

**NOTE 7 *－ RELATED PARTY BALANCES AND TRANSACTIONS***

Nature of relationships with related parties

<u>Name of related party</u> <u>Relationship with the Company</u> <br> Qiuping Lu ("Ms. Lu") Chief Executive Officer and Director of the Company <br> Steve Niu ("Mr. Niu") Chief Financial Officer of the Company

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 six months ended October 31, 2025 and 2024, the Company recognized share-based compensation in the amount of $Nil and $1,750, respectively. As of October 31, 2025 and April 30, 2025, the Company's common stock issuable under share-based compensation totaled $3,000 for 60,000 shares.

**NOTE 8 *－ CONCENTRATIONS OF RISK***

The Company is exposed to the following concentrations of risk:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(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 October 31, 2025 and April 30, 2025, $424,210 and $301,267 of the Company's cash held by financial institutions were uninsured, respectively.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Major customers

For the three and six months ended October 31, 2025, the individual customers who accounted for 10% of the Company's revenue and its outstanding receivables balance at period-end rates, as presented as follows:

---

| | | | |
|:---|:---|:---|:---|
|  | Three months ended<br> October 31, 2025 | Three months ended<br> October 31, 2025 | As of<br> October 31, 2025 |
| Customer | Revenue | Percentage of <br> revenue | Accounts <br> receivable |
| Customer A | $130050 | 31.23% | $30050 |
| Customer B | 84520 | 20.30% |  |
| Customer D | 43956 | 10.56% | – |
| Total | $258526 | 62.09% | $30050 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | Six months ended<br> October 31, 2025 | Six months ended<br> October 31, 2025 | As of<br> October 31, 2025 |
| Customer | Revenue | Percentage of <br> revenue | Accounts <br> receivable |
| Customer A | $130050 | 25.00% | $30050 |
| Customer B | 120150 | 23.09% |  |
| Customer C | 69991 | 13.45% | – |
| Total | $320191 | 61.54% | $30050 |

---

These customers are located in the United States of America.

For the three and six months ended October 31, 2024, the individual customers who accounted for 10% of the Company's revenue and its outstanding receivables balance at period-end rates, as presented as follows:

---

| | | | |
|:---|:---|:---|:---|
|  | Three months ended<br> October 31, 2024 | Three months ended<br> October 31, 2024 | As of<br> October 31, 2024 |
| Customer | Revenue | Percentage of<br> revenue | Accounts<br> receivable |
| Customer E | $92296 | 31.60% | $– |
| Customer F | 79200 | 27.11% | 57700 |
| Customer G | 66668 | 22.82% | – |
| Total | $238164 | 81.53% | $57700 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | Six months ended<br> October 31, 2024 | Six months ended<br> October 31, 2024 | As of<br> October 31, 2024 |
| Customer | Revenue | Percentage of<br> revenue | Accounts<br> receivable |
| Customer E | $200773 | 50.12% | $– |
| Customer F | 79200 | 19.77% | 57700 |
| Customer G | 66668 | 16.64% | – |
| Total | $346641 | 86.53% | $57700 |

---

These customers are located in Hong Kong, China and the United States of America.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Major vendors

For the three and six months ended October 31, 2025, there is one vendor who accounted for 100% and 100% of the Company's purchase cost amounting to $168,450 and $168,450, respectively.

For the three and six months ended October 31, 2024, there is one vendor who accounted for 100% and 100% of the Company's purchase cost amounting to $210,600 and $325,198, respectively.

**NOTE 9*－ COMMITMENTS AND CONTINGENCIES***

As of October 31, 2025, the Company has no commitments or contingencies.

**NOTE 10*－ 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 unaudited condensed consolidated financial statements are issued, the Company has evaluated all events or transactions that occurred after October 31, 2025, up to the date that the unaudited condensed consolidated financial statements were available to be issued.

---

| | |
|:---|:---|
| **ITEM 2.** | **MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS** |

---

The following discussion and analysis of our results of operations and financial condition should be read together with our unaudited condensed consolidated financial statements and the notes thereto, which are included elsewhere in this report and our Annual Report on Form 10-K for the fiscal year ended April 30, 2025 (the "Annual Report") filed with SEC. Our financial statements have been prepared in accordance with U.S. GAAP. In addition, our financial statements and the financial information included in this report reflect our organizational transactions and have been prepared as if our current corporate structure had been in place throughout the relevant periods.

**Forward looking statement notice**

Statements made in this Form 10-Q 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 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**

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 dietary supplement products and health consultation services to domestic and international customers.

Meanwhile, the Company continues to look for other opportunities which could potentially increase the profits of the Company in 2025.

**Results of Operations**

We currently provide business consulting services and market and supply dietary supplement products to domestic and international customers.

The following table sets forth certain operational data for the three and six months ended October 31, 2025 and 2024:

---

| | | |
|:---|:---|:---|
|  | Three Months Ended October 31, | Three Months Ended October 31, |
|  | 2025 | 2024 |
| Revenues | $427115 | $292118 |
| Cost of revenue | (166312) | (136284) |
| Gross profit | 260803 | 155834 |
| Total operating expenses | (161633) | (93234) |
| Income from operation | 99170 | 62600 |
| Other income (expense), net | 120 | (1825) |
| Income before income tax | 99290 | 60775 |
| Income tax expense | (63480) | (28128) |
| Net income | $35810 | $32647 |

---

---

| | | |
|:---|:---|:---|
|  | Six Months Ended October 31, | Six Months Ended October 31, |
|  | 2025 | 2024 |
| Revenues | $531014 | $400595 |
| Cost of revenue | (201430) | (171588) |
| Gross profit | 329584 | 229007 |
| Total operating expenses | (262854) | (211821) |
| Income from operation | 66730 | 17186) |
| Other income (expense), net | 120 | (1825) |
| Income before income tax | 66850 | 15361 |
| Income tax expense | (77341) | (37925) |
| Net loss | $(10491) | $(22564) |

---

*Revenue*

For the three and six months ended October 31, 2025, we generated revenues of $427,115 and $531,014, respectively. For the comparative three and six months ended October 31, 2024, we generated revenues of $292,118 and $400,595, respectively. Our major customers are located in Hong Kong, China and the United States of America. Our revenue significantly increased by $134,997 and $130,419, or 46% and 33%, respectively due to the commencement of business of the dietary supplement products segment.

During the three and six months ended October 31, 2025 and 2024, 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) Dietary Supplement Segment, mainly provides dietary
 supplement healthcare products.

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 three and six months ended October 31, 2025 and 2024, dietary supplement segment did not generate any revenue, and all the revenue was generated from consulting services segment.

---

| | | | |
|:---|:---|:---|:---|
|  | Three Months ended October 31, 2025 | Three Months ended October 31, 2025 | Three Months ended October 31, 2025 |
|  | Dietary <br> Supplement <br> Segment | Consulting Service <br> Segment | Total |
| Revenue from external customers: |  |  |  |
| Consulting service income | $– | $6489 | 6489 |
| Sale of dietary supplement products | 420626 | – | 420626 |
| Total revenue | 420626 |  | 427115 |
| Cost of revenue: |  |  |  |
| Consulting service income |  |  |  |
| Sale of dietary supplement products | (166312) | – | (166312) |
| Total cost of revenue | (166312) | – | (166312) |
| Gross profit | 254314 | 6489 | 260803 |
| Operating Expenses |  |  |  |
| Sales and distribution expenses | (2900) |  | (2900) |
| Personal and benefit costs | (11739) | (27549) | (39288) |
| General and administrative | (7546) | (111899) | (119445) |
| Total operating expenses | (22185) | (139448) | (161633) |
| Segment income (loss) | $232129 | $(132959) | $99170 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | Six Months ended October 31, 2025 | Six Months ended October 31, 2025 | Six Months ended October 31, 2025 |
|  | Dietary<br> Supplement<br> Segment | Consulting Service <br> Segment | Total |
| Revenue from external customers: |  |  |  |
| Consulting service income | $– | $10714 | 10714 |
| Sale of dietary supplement products | 520300 | – | 520300 |
| Total revenue | 520300 | 10714 | 531014 |
| Cost of revenue: |  |  |  |
| Consulting service income |  |  |  |
| Sale of dietary supplement products | (201430) | – | (201430) |
| Total cost of revenue | (201430) | – | (201430) |
| Gross profit | 318870 | 10714 | 329584 |
| Operating Expenses |  |  |  |
| Sales and distribution expenses | (2900) |  | (2900) |
| Personal and benefit costs | (23479) | (50737) | (74216) |
| General and administrative | (9960) | (175778) | (185738) |
| Total operating expenses | (36339) | (226515) | (262854) |
| Segment income (loss) | $282531 | $(215801) | $66730 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | Three Months ended October 31, 2024 | Three Months ended October 31, 2024 | Three Months ended October 31, 2024 |
|  | Dietary<br> Supplement <br> Segment | Consulting Service <br> Segment | Total |
| Revenue from external customers: |  |  |  |
| Consulting service income | $– | $3838 | $3838 |
| Sale of dietary supplement products | 288280 | – | 288280 |
| Total revenue | 288280 | 3838 | 292118 |
| Cost of revenue: |  |  |  |
| Consulting service income |  |  |  |
| Sale of dietary supplement products | (136284) | – | (136284) |
| Total cost of revenue | (136284) | – | (136284) |
| Gross profit | 151996 | 3838 | 155834 |
| Operating Expenses |  |  |  |
| Selling and distribution | (159) |  | (159) |
| Personal and benefit costs | (17723) | (35245) | (52968) |
| General and administrative | (12216) | (27891) | (40107) |
| Total operating expenses | (30098) | (63136) | (93234) |
| Segment income (loss) | $121898 | $(59298) | $62600 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | Six Months ended October 31, 2024 | Six Months ended October 31, 2024 | Six Months ended October 31, 2024 |
|  | Dietary<br> Supplement <br> Segment | Consulting Service <br> Segment | Total |
| Revenue from external customers: |  |  |  |
| Consulting service income | $– | $3838 | $3838 |
| Sale of dietary supplement products | 396757 | – | 396757 |
| Total revenue | 396757 | 3838 | 400595 |
| Cost of revenue: |  |  |  |
| Consulting service income |  |  |  |
| Sale of dietary supplement products | (171588) | – | (171588) |
| Total cost of revenue | (171588) | – | (171588) |
| Gross profit | 225169 | 3838 | 229007 |
| Operating Expenses |  |  |  |
| Selling and distribution | (7189) |  | (7189) |
| Personal and benefit costs | (36462) | (70490) | (106952) |
| General and administrative | (12967) | (84713) | (97680) |
| Total operating expenses | (56618) | (155203) | (211821) |
| Segment income (loss) | $168551 | $(151365) | $17186 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Three Months ended October 31, | Three Months ended October 31, | Six Months ended October 31, | Six Months ended October 31, |
|  | 2025 | 2024 | 2025 | 2024 |
| China | $– | $79200 | $– | $79200 |
| Hong Kong |  | 92296 |  | 200773 |
| United States of America | 427115 | 120622 | 531014 | 120622 |
| Total | $427115 | $292118 | $531014 | $400595 |

---

*Cost of revenue*

Cost of revenue as a percentage of net revenue was approximately 39% and 38% for the three and six months ended October 31, 2025, respectively. Cost of revenue as a percentage of net revenue was approximately 47% and 43% for the three and six months ended October 31, 2024, respectively. Cost of revenue increased by $30,028 and $29,842, or 22% and 17%, respectively.

*Gross profit*

For the three months ended October 31, 2025 and 2024, the gross profit was $260,803 and $155,834, respectively, and the gross profit margin was 61% and 53%, respectively. For the six months ended October 31, 2025 and 2024, the gross profit was $329,584 and $229,007, respectively, and the gross profit margin was 62% and 57%, respectively. The increase in gross profit margin for the periods ended October 31, 2025, compared to the same periods in 2024, is primarily attributable to the more types of dietary supplement products were sold.

*Personnel and benefit costs*

We incurred personnel and benefit costs of $39,289 and $52,968 for the three months ended October 31, 2025 and 2024, respectively. We incurred personnel and benefit costs of $74,216 and $106,952 for the six months ended October 31, 2025 and 2024, respectively. The decrease in personnel and benefit costs for the periods ended October 31, 2025, compared to the same periods in 2024, is primarily attributable to the decrease in the salaries of key management personnel.

*General and administrative expenses*

We incurred general and administrative expenses of $119,444 and $40,107 for the three months ended October 31, 2025 and 2024, respectively. General and administrative expenses increased by $79,337 or 198% for the three months ended October 31, 2025 compared to the same periods in 2024. We incurred general and administrative expenses of $185,738 and $97,680 for the six months ended October 31, 2025 and 2024, respectively. General and administrative expenses increased by $88,058 or 90% compared to the same period in 2024. The increase in general and administrative expenses is primarily attributable to an increase in legal and professional fees.

*Net loss*

As a result of the factors described above, we reported net income of $35,810 and $32,647 for the three months ended October 31, 2025 and 2024, respectively. For the six months ended October 31, 2025 and 2024, the Company has a net loss of $10,491 and $22,564, respectively.

**Liquidity and capital resources**

On October 31, 2025, we had total current assets of $2,336,244, which consisted primarily of $1,259,281 in cash, $882,612 in accounts receivable, $7,333 in prepayment, $172,310 in advances to vendor, $11,267 in inventories and $3,441 in other current assets. We had total current liabilities of $438,051, which consisted of $168,450 in accounts payable, $68,713 in accrued expenses, $3,951 in other current liabilities, $4,286 in deferred revenue and $192,651 in income tax payable.

On April 30, 2025, we had total current assets of $2,256,251, which consisted primarily of $782,810 in cash, $1,266,951 in accounts receivable, $158,802 in advances to vendor, $44,247 in inventories and $3,441 in other current assets. We had total current liabilities of $347,567, which consisted of $60,065 in accounts payable and accrued expenses, $820 in other current liabilities and $286,682 in income tax payable.

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 periods indicated:

---

| | | |
|:---|:---|:---|
|  | Six Months ended October 31, | Six Months ended October 31, |
|  | 2025 | 2024 |
| Net cash provided by (used in) operating activities | $476471 | $(495241) |
| Net cash provided by financing activities |  | 125000 |

---

*Operating Activities*

For the six months ended October 31, 2025, net cash provided by operating activities was $476,471 which consisted primarily of a net loss of $10,491, decrease in accounts receivable of $384,339, decrease in inventories of $32,980, increase in deferred revenue of $4,286, increase in other current liabilities of $3,131, increase in accounts payable of $168,450 and accrued expenses of $8,648. The amounts were partially offset by increase in prepayment of $7,333, increase in advances to vendor of $13,508 and decrease in income tax payable of $94,031.

For the six months ended October 31, 2024, net cash used in operating activities was $495,241 which consisted primarily of a net loss of $22,564, increase in accounts receivable of $57,700, increase in advances to vendor of $210,912, increase in inventories of $170,221, decrease in other current liabilities of $7,400 and decrease in income tax payable of $39,208. The amounts were partially offset by adjusted non-cash item consisting of share-based compensation of $1,500, interest expense of $2,125, decrease in other current assets of $2,638 and increase in accounts payable and accrued expenses of $6,501.

*Financing Activities*

For the six months ended October 31, 2025, net cash provided by financing activities was $0.

For the six months ended October 31, 2024, net cash provided by financing activities was $125,000, which consisted primarily of proceed from a related party.

<u>Limited operating history</u>; <u>need for additional capital</u>

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

As of October 31, 2025, the Company did not have any off-balance sheet arrangements that had or were 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.

<u>Contractual Obligations and Commercial Commitments</u>

We had no contractual obligations and commercial commitments as of October 31, 2025.

---

| | |
|:---|:---|
| **ITEM 3.** | **QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK** |

---

None.

---

| | |
|:---|:---|
| **ITEM 4.** | **CONTROLS AND PROCEDURES** |

---

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 supervision and with the participation of our management of the effectiveness of the design and operation of our disclosure controls and procedures as of October 31, 2025. 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.

The matters involving internal controls and procedures that our management considered to be material weaknesses under the standards of the Public Company Accounting Oversight Board were: (1) lack of a functioning audit committee due to a lack of a majority of independent members and a lack of a majority of outside directors on our Board of Directors, resulting in ineffective oversight in the establishment and monitoring of required internal controls and procedures; and (2) ineffective controls over period end financial disclosure and reporting processes. The aforementioned material weaknesses were identified by our Chief Executive Officer and Chief Financial Officer in connection with the review of our financial statements as of October 31, 2025.

Management believes that the material weaknesses set forth above did not have an effect on our financial results. However, management believes that the lack of a functioning audit committee and the lack of a majority of outside directors on our Board of Directors results in ineffective oversight in the establishment and monitoring of required internal controls and procedures, which could result in a material misstatement in our financial statements in future periods.

To address these material weaknesses, management has initiated steps to strengthen oversight and financial reporting processes, including implementing more formal procedures for preparing and reviewing period-end financial statements and disclosures. We expect that once these measures are fully implemented and operating for a sufficient period, we will remediate the identified weaknesses.

**Changes in Internal Controls over Financial Reporting**

There was no change in our internal control over financial reporting that occurred during the period covered by this Quarterly Report on Form 10-Q that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting. We are aware that any system of controls, however well designed and operated, can only provide reasonable, and not absolute, assurance that the objectives of the system are met, and that maintenance of disclosure controls and procedures is an ongoing process that may change over time.

**PART II – OTHER INFORMATION**

---

| | |
|:---|:---|
| **ITEM 1.** | **LEGAL PROCEEDINGS** |

---

We are not currently a party to any legal proceedings, and we are not aware of any pending or potential legal actions.

---

| | |
|:---|:---|
| **ITEM 1A.** | **RISK FACTORS** |

---

The information to be reported under this Item is not required for smaller reporting companies.

---

| | |
|:---|:---|
| **ITEM 2.** | **UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS** |

---

None.

---

| | |
|:---|:---|
| **ITEM 3.** | **DEFAULTS UPON SENIOR SECURITIES** |

---

None.

---

| | |
|:---|:---|
| **ITEM 4.** | **MINE SAFETY DISCLOSURES** |

---

None.

---

| | |
|:---|:---|
| **ITEM 5.** | **OTHER INFORMATION** |

---

During the quarter ended October 31, 2025, 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 6.** | **EXHIBITS** |

---

The following exhibits are included as part of this report by reference:

---

| | |
|:---|:---|
| 31.1\* | [Certification of Chief Executive Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a)](yijia_ex3101.htm). |
| 31.2\* | [Certification of Chief Financial Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a)](yijia_ex3102.htm). |
| 32.1\*\* | [Certification of Chief Executive Officer pursuant to Rule 13a-14(b) under the Securities Exchange Act of 1934 and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.](yijia_ex3201.htm) |
| 32.2\*\* | [Certification of Chief Financial Officer pursuant to Rule 13a-14(b) under the Securities Exchange Act of 1934 and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.](yijia_ex3202.htm) |
| 101.INS | Inline XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL 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) |

---

\* 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 Quarterly Report.

**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 December 15, 2025.

---

| | |
|:---|:---|
| **YIJIA GROUP CORP.** | **YIJIA GROUP CORP.** |
| By: | */s/ Qiuping Lu* |
|  | Qiuping Lu, Chief Executive Officer |
| By: | */s/ Steve Niu* |
|  | Steve Niu, Chief Financial Officer |

---

## Exhibit 31.1

**EXHIBIT 31.1**

**CERTIFICATION**

I, Qiuping Lu, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;1. I have reviewed this report on Form 10-Q 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)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f)) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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.

&nbsp;&nbsp;&nbsp;&nbsp;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):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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 |
| December 15, 2025 |

---

## Exhibit 31.2

**EXHIBIT 31.2**

**CERTIFICATION**

I, Steve Niu, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;1. I have reviewed this report on Form 10-Q 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)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f)) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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.

&nbsp;&nbsp;&nbsp;&nbsp;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):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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 |
| December 15, 2025 |

---

## Exhibit 32.1

**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 Quarterly Report of Yijia Group Corp. (the "Company") on Form 10-Q for the period ended October 31, 2025, as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Qiuping Lu, Chief Executive Officer and President, certify, to the best of my knowledge, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

&nbsp;&nbsp;&nbsp;&nbsp;(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 |
| December 15, 2025 |

---

## Exhibit 32.2

**EXHIBIT 32.2**

**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 Quarterly Report of Yijia Group Corp. (the "Company") on Form 10-Q for the period ended October 31, 2025, as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Steve Niu, Chief Financial Officer, certify, to the best of my knowledge, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

&nbsp;&nbsp;&nbsp;&nbsp;(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/ Steve Niu* |
| Steve Niu |
| Chief (Principal) Financial Officer |
| December 15, 2025 |

---