CXJ GROUP CO., Ltd

Previous wording

For the three months period ended November 30, 2025, we generated total revenue of $65,402 that included brand name administrative fee $17,667, motor oil and auto parts $47,715 and others $20.

Current wording

For the three months period ended February 28, 2026, we generated total revenue of $145,267 that included brand name administrative fee $1,126, motor oil and auto parts $110,356 and exhaust gas cleaner & others $33,785.

Previous wording

Total revenues for three months ended November 30, 2025 were $65,402 compared to $100,875 for the three months ended November 30, 2024, which decreased by $35,473. Due to the slow market activity, brand name administrative fee decreased by $23,386, motor oil and auto parts $12,031 and others $56.

Current wording

Total revenues for three months ended February 28, 2026 were $145,267 compared to $64,541 for the three months ended February 28, 2025, which increased by $80,726. Due to the higher demand during Chinese New Year Festival, motor oil and auto part increased by $106,674, exhaust gas cleaner & other increased by $33,785 respectively, and offset brand name administrative fee decreased by $59,733.

Previous wording

We earned the brand name administrative fees from our customers, who pay one-time fixed fee RMB100,000, RMB200,000 and RMB300,000 for one year, RMB90,000 for one to three years and RMB200,000 for one to five years for exchange of (1) the right to use the brand name “Chejiangling / Teenage Hero Car” and “ECXJ”, (2) the right to receive 10% of other new shops’ brand name permission fee, (3) the right to receive 5% of other new shops’ selling, and (4) the right to receive 20% of other new shops’ administrative fee. The fee is not be refundable.

Current wording

We earned the brand name administrative fees from our customers, who pay one-time fixed fee RMB100,000, RMB200,000 and RMB300,000 for one year, RMB90,000 for one to three years and RMB200,000 for one to five years for exchange of (1) the right to use the brand name “Chejiangling / Teenage Hero Car” and “ECXJ”, (2) the right to receive 10% of other new shops’ brand name permission fee, (3) the right to receive 5% of other new shops’ selling, and (4) the right to receive 20% of other new shops’ administrative fee. The fee is not refundable.

Previous wording

Gross profit for the three months ended November 30, 2025 is $35,503 compared to $65,442 as of November 30, 2024, a decrement of $29,939 is mainly due to the decrease of revenue from brand name administrative fee and sales of motor oil and auto parts.

Current wording

Gross profit for the three months ended February 28, 2026 is $70,143 compared to $62,098 as of February 28, 2025, an increment of $8,045 is mainly due to the increased of sales of motor oil and auto parts, exhaust gas cleaner & others and decrease of revenue from brand name administrative fee.

Previous wording

Selling and Distribution expenses for the three months ended November 30, 2025 were $54,957 compared to $48,624 as of November 30, 2024, an increase of $6,333 is due to increase in payroll costs $9,306, entertainment expenses $786, and offset decrease in consultancy fees $1,759, transportation $916, office expenses $543, travelling expenses $238, and others $303.

Current wording

Selling and Distribution expenses for the three months ended February 28, 2026 were $94,459 compared to $46,766 as of February 28, 2025, an increase of $47,693 is due to increase in payroll costs $24,325, sales commission $21,711, transportation $1,893, travelling expenses $1,146, office expenses $1,136, consultancy fee $150, other expenses $636, and offset with decreased in promotion expenses $2,567 and entertainment expenses $737.

Previous wording

G&A expenses for the three months ended November 30, 2025 were $78,781 compared to $123,570 as of November 30, 2024, a decrease of $44,789 was primarily due to the decrease of consultancy fees $33,574, rental $3,665, travelling expenses $3,218, payroll costs $2,788, others $9,348 and offset with increase in office expenses $7,804.

Current wording

G&A expenses for the three months ended February 28, 2026 were $74,900 compared to $79,983 as of February 28, 2025, a decrease of $5,083 was primarily due to the decrease of payroll costs $4,044, stock written off $3,632, consultancy fees $993, travelling expenses $550 and offset with increase in entertainment expenses $1,588, office expenses $1,138, rental $933, R&D expenses $114 and other expenses $363.

Previous wording

Net loss $98,298 and $143,693 occurred for the three months ended November 30, 2025 and 2024 respectively, due to the factors discussed above.

Current wording

Net loss $99,214 and $64,638 occurred for the three months ended February 28, 2026 and 2025 respectively, due to the factors discussed above.

Previous wording

Cash flow provided by operating activities is $16,212 for the six months ended November 30, 2025, as compared to cash flow used in operating activities $397,664 for the six months ended November 30, 2024, reflecting an increase of cash flow $413,876. The increase is due to net loss decreased by $40,186, increased of accrued liabilities and other payables $243,214, advance received $147,441, inventory $21,356, operating lease liabilities $8,026 and offset cash outflow of accounts payable $35,199, amortization of right-use of assets $7,301, impairment of intangible assets $1,597, accounts receivable $1,209, prepayment, deposit and other receivable $773 and depreciation $268.

Current wording

Cash flow provided by operating activities is $129,802 for the nine months ended February 28, 2026, as compared to cash flow used in operating activities $395,784 for the nine months ended February 28, 2025, reflecting an increase of cash flow $525,586. The increase is due to net loss decreased by $5,610, increased of advance received $390,344, accrued liabilities and other payables $143,322, prepayments $16,689, operating lease liabilities $9,757, inventory $8,349, deposits and other payables $1,034, and offset cash outflow of accounts payable $32,344, amortization of right-use of assets $8,810, income tax refund $3,475, impairment of intangible assets $3,180, accounts receivable $1,209, and depreciation $501.

Previous wording

Cash flow used in investing activities is $0 for the six months ended November 30, 2025 as compared to $1,592 for the six months ended November 30, 2024, reflecting an increase of cash flow $1592. The increase is due to no investment in development costs incurred in the six months ended November 30, 2025.

Current wording

Cash flow used in investing activities is $0 for the nine months ended February 28, 2026 as compared to $3,175 for the nine months ended February 28, 2025, reflecting an increase of cash flow $3,175. The increase is due to no investment in development costs incurred in the nine months ended February 28, 2026.

Previous wording

Cash flow provided by financing activities is $30,250 and $394,463 for the six months ended November 30, 2025 and 2024 respectively, reflecting a decrease of cash flow $364,213. The decrease in net cash provided by financing activities was mainly due to decrease in proceeds from share issuance $369,728 and offset increase in cash flow $5,515.

Current wording

Cash flow provided by financing activities is $3,524 and $394,584 for the nine months ended February 28, 2026 and 2025 respectively, reflecting a decrease of cash flow $391,060. The decrease in net cash provided by financing activities was mainly due to decrease in proceeds from share issuance $369,728 and advances from related parties $21,332.

Previous wording

A provision of $84,746 is provided, where the Company has a business dispute with a customer, and no legal action is taken against us.

Current wording

A provision of $84,464 is provided, where the Company has a business dispute with a customer, and no legal action is taken against us.