Hartford Great Health (HFUS) 10-Q 14 Mar 24 2024 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jan. 31, 2024	Mar. 14, 2024
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jan. 31, 2024
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--07-31
Entity File Number	000-54439
Entity Registrant Name	HARTFORD GREAT HEALTH CORP.
Entity Central Index Key	0001482554
Entity Tax Identification Number	51-0675116
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	8832 Glendon Way
Entity Address, City or Town	Rosemead
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	91770
City Area Code	(626)
Local Phone Number	321-1915
Title of 12(b) Security	Common stock, par value $0.001 par value
Trading Symbol	HFUS
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		100,108,000

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Jan. 31, 2024	Jul. 31, 2023
Current Assets
Cash and cash equivalents	$ 8,484	$ 5,793
Prepaid and Other current receivables	282	280
Total Current Assets	9,730	7,037
Non-current Assets
Property and equipment, net	597	730
Total Non-current Assets	597	730
TOTAL ASSETS	10,327	7,767
Current Liabilities
Other current payable	131,835	130,279
Total Current Liabilities	4,572,172	4,497,473
TOTAL LIABILITIES	4,572,172	4,497,473
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, 2024 and July 31, 2023.	100,108	100,108
Additional paid-in capital	2,173,521	2,173,521
Accumulated deficit	(7,049,170)	(7,003,717)
Accumulated other comprehensive income	213,696	240,382
Total Stockholders’ Deficit	(4,561,845)	(4,489,706)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	10,327	7,767
Related Party [Member]
Current Assets
Related party receivable	964	964
Current Liabilities
Related party loan and payables	$ 4,440,337	$ 4,367,194

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jan. 31, 2024	Jul. 31, 2023
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	300,000,000	300,000,000
Common stock, shares outstanding	100,108,000	100,108,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jan. 31, 2024	Jan. 31, 2023	Jan. 31, 2024	Jan. 31, 2023
Income Statement [Abstract]
Revenue - Related Party	$ 62,443		$ 62,443
Cost of revenue - Related Party	55,505		55,505
Gross Profit	6,938		6,938
Operating expenses
Selling, general and administrative	21,942	21,362	42,134	76,010
Total operating expenses	21,942	21,362	42,134	76,010
Operating Loss	(15,004)	(21,362)	(35,196)	(76,010)
Other Income (Expense)
Interest (expense), net	(5,067)	(4,089)	(10,331)	(8,178)
Gain on disposal of subsidiary				539,230
Other income (expense), net	74		74	(91)
Other income (expense), net	(4,993)	(4,089)	(10,257)	530,961
(Loss) income before income taxes	(19,997)	(25,451)	(45,453)	454,951
Income Tax Expense
Net (loss) income	$ (19,997)	$ (25,451)	$ (45,453)	$ 454,951
Net (loss) income per common share:
Net loss per common share, basic	$ 0	$ 0	$ 0	$ 0
Net loss per common share, diluted	$ 0	$ 0	$ 0	$ 0
Weighted average shares outstanding - basic	100,108,000	100,108,000	100,108,000	100,108,000
Weighted average shares outstanding - diluted	100,108,000	100,108,000	100,108,000	100,108,000

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jan. 31, 2024	Jan. 31, 2023	Jan. 31, 2024	Jan. 31, 2023
Income Statement [Abstract]
Net (loss) income	$ (19,997)	$ (25,451)	$ (45,453)	$ 454,951
Other Comprehensive (loss) income, net of income tax
Foreign currency translation adjustments	(123,853)	(322,644)	(26,686)	23,289
Total other comprehensive (loss) income	(123,853)	(322,644)	(26,686)	23,289
Total Comprehensive (loss) income	$ (143,850)	$ (348,095)	$ (72,139)	$ 478,240

Condensed Consolidated Statem_3

Condensed Consolidated Statement of Changes in Stockholders' Equity (Deficit) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Noncontrolling Interest [Member]	Total
Beginning balance, value at Jul. 31, 2022	$ 100,108	$ 2,173,521	$ (7,400,620)	$ (16,742)	$ (1,288,916)	$ (6,432,649)
Balance, shares at Jul. 31, 2022	100,108,000
Net income (loss)			480,402			480,402
Foreign currency translation adjustment				345,933	(18,670)	327,263
Disposal of subsidiary					1,307,586	1,307,586
Balance, at Oct. 31, 2022	$ 100,108	2,173,521	(6,920,218)	329,191		(4,317,398)
Balance, shares at Oct. 31, 2022	100,108,000
Beginning balance, value at Jul. 31, 2022	$ 100,108	2,173,521	(7,400,620)	(16,742)	(1,288,916)	(6,432,649)
Balance, shares at Jul. 31, 2022	100,108,000
Net income (loss)						454,951
Balance, at Jan. 31, 2023	$ 100,108	2,173,521	(6,945,669)	6,547		(4,665,493)
Balance, shares at Jan. 31, 2023	100,108,000
Beginning balance, value at Oct. 31, 2022	$ 100,108	2,173,521	(6,920,218)	329,191		(4,317,398)
Balance, shares at Oct. 31, 2022	100,108,000
Net income (loss)			(25,451)			(25,451)
Foreign currency translation adjustment				(322,644)		(322,644)
Balance, at Jan. 31, 2023	$ 100,108	2,173,521	(6,945,669)	6,547		(4,665,493)
Balance, shares at Jan. 31, 2023	100,108,000
Beginning balance, value at Jul. 31, 2023	$ 100,108	2,173,521	(7,003,717)	240,382		(4,489,706)
Balance, shares at Jul. 31, 2023	100,108,000
Net income (loss)			(25,456)			(25,456)
Foreign currency translation adjustment				97,167		97,167
Balance, at Oct. 31, 2023	$ 100,108	2,173,521	(7,029,173)	337,549		(4,417,995)
Balance, shares at Oct. 31, 2023	100,108,000
Beginning balance, value at Jul. 31, 2023	$ 100,108	2,173,521	(7,003,717)	240,382		(4,489,706)
Balance, shares at Jul. 31, 2023	100,108,000
Net income (loss)						(45,453)
Balance, at Jan. 31, 2024	$ 100,108	2,173,521	(7,049,170)	213,696		(4,561,845)
Balance, shares at Jan. 31, 2024	100,108,000
Beginning balance, value at Oct. 31, 2023	$ 100,108	2,173,521	(7,029,173)	337,549		(4,417,995)
Balance, shares at Oct. 31, 2023	100,108,000
Net income (loss)			(19,997)			(19,997)
Foreign currency translation adjustment				(123,853)		(123,853)
Balance, at Jan. 31, 2024	$ 100,108	$ 2,173,521	$ (7,049,170)	$ 213,696		$ (4,561,845)
Balance, shares at Jan. 31, 2024	100,108,000

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jan. 31, 2024	Jan. 31, 2023
Cash flows from operating activities:
Net (loss) income	$ (45,453)	$ 454,951
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation	136
Disposal of subsidiaries		(539,230)
Changes in operating assets and liabilities:
Prepaid and Other current receivables		827
Related party receivables and payables	10,330	26,955
Other current payable	694	(6,631)
Net cash used in operating activities	(34,293)	(63,128)
Cash flows from investing activities:
Net cash used in investing activities
Cash flows from financing activities:
Proceeds of related party notes payable	36,000	60,000
Advances from related parties	971
Net cash provided by financing activities	36,971	60,000
Effect of exchange rate changes on cash	13	(1,524)
Net change in Cash, cash equivalents and restricted cash	2,691	(4,652)
Cash, cash equivalents and restricted cash at beginning of period	5,793	15,227
Cash, cash equivalents and restricted cash at end of period	8,484	10,575
Supplemental Cash Flow Information
Interest paid
Income taxes paid

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jan. 31, 2024
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	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, 2023, including footnotes, contained in our Annual Report on Form 10-K. Organization 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 and since then we have been engaged in activities to formulate and implement our business plans. Through its wholly owned subsidiary - Hangzhou Hartford Comprehensive Health Management, Ltd (“HZHF) and HZHF’s 60 90 The Company started to engage in early childhood education industry at Hartford International Education Technology Co., Ltd (“HF Int’l Education”). On July 24, 2019 and March 23, 2020, HF Int’l Education established two 100 96 4 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 90 900 5,850 100 1,000 6,500 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”. and started to deliver media and advertisement services. HFZY mainly 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 provides customers with vertical integration services from early-stage advertising video creativity, shooting, editing, to advertising operation and management on social media apps. HFZY is one of the total solution advertising providers for domestic social media industry in China. Basis of Presentation The consolidated financial statements include the accounts of Hartford Great Health Corp, 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. Income Taxes The Company accounts for income taxes using the asset and liability method in accordance with ASC 740, Accounting for Income Taxes. The asset and liability method provides that deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities, and for operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized. The Tax Reform Act permanently reduces the U.S. corporate income tax rate to a flat 21% rate, effective January 1, 2018. In addition, the 2017 Tax Act also creates a new requirement that certain income (i.e., Global Intangible Low-Taxed Income (“GILTI”)) earned by controlled foreign corporations (“CFCs”) must be included in the gross income of the CFCs’ U.S. shareholder income. The tax law in PRC applies an income tax rate of 25% to all enterprises. The Company’s subsidiary does not receive any preferential tax treatment from local government 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 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. The revenues from the display of impression-based ads will be recognized in the contracted period in which the impressions are delivered. The Company will also generate revenue from the delivery of certain services, such as the creation and delivery of ads that appear on third-party publishers’ websites and social platforms. The Company recognizes revenues from these services in the period in which the service is completed. During current reporting period, the Company generated $ 62,443 In the past years, the company’s main operations were focusing on Early childhood education services and Hospitality services. Impacted by the Covid-19 pandemic and Chinese regulation on education industry, both early childhood education services and hospitality services have been sold on August 1 2022. Thus, there was no revenue recognized for the three and six months ended January 31, 2023. See Note 3 Acquisitions and Disposals. Recent Accounting Pronouncements Recently not yet adopted accounting pronouncements 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.

GOING CONCERN

GOING CONCERN	6 Months Ended
	Jan. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN	NOTE 2. GOING CONCERN The accompanying financial statements were prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of obligations in the normal course of business. However, Hartford Great Health Corp. has incurred losses since inception, resulting in an accumulated deficit of $ 7,049,170 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 Hartford Great Health Corp., and ultimately achieving profitable operations. Management believes that Hartford Great Health Corp.’s business plan provides it with an opportunity to continue as a going concern. However, management cannot provide assurance that Hartford Great Health Corp. 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 Hartford Great Health Corp. to continue as a going concern.

ACQUISITIONS AND DISPOSALS

ACQUISITIONS AND DISPOSALS	6 Months Ended
	Jan. 31, 2024
Business Combination and Asset Acquisition [Abstract]
ACQUISITIONS AND DISPOSALS	NOTE 3. ACQUISITIONS AND DISPOSALS In January 2019, HFSH entered agreements to acquire 100 100 Impacted by the government regulation newly implemented in education industry and the restrictions posted by the Chinese government to control the pandemic in China since 2021, the Company’s business hasn’t been developed as planned and occurred significant loss from the early child education practice. To avoid further operation losses, subsequently on August 1, 2022, HFSH entered a contract with a related party, Shanghai Oversea Chinese Culture Media Ltd. (“SH Oversea”), to sell 90 900 5,850 100 1,000 6,500 SCHEDULE OF NET ASSETS (LIABILITIES) DISPOSED OF SUBSIDIARY Net assets (liabilities) disposed of: Cash and cash equivalents $ 4,938 Prepaid and Other current receivables 45,532 Related party receivable 428,519 Inventory 305,124 Property and equipment - Net 582,707 ROU assets-Operating lease 2,836,698 Other assets 296,218 Related party loan and payables (1,321,549 ) Contract liabilities (547,906 ) Lease liabilities, current and noncurrent (3,715,688 ) Other current payable (401,782 ) Other liabilities (357,796 ) Noncontrolling interest 1,307,586 Net assets (liabilities) of the subsidiaries, excluding noncontrolling interest (537,399 ) Consideration 1,831 Gain on disposal of the subsidiaries $ (539,230 )

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
	Jan. 31, 2024
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 4. RELATED PARTY TRANSACTIONS Related Party Receivables HFUS had $ 964 Related Party Payables and loans As of January 31, 2024 and July 31, 2023, amounts of $ 582,601 586,236 HFSH had payable balances to Shanghai Oversea Chinese Culture Media Ltd. (“SH Oversea”), an entity previously was managed by the same management team, in the amounts of $ 3,321,300 3,291,324 HFUS borrowed in form of a short-term loan at 5 5,067 10,331 4,089 8,178 463,831 417,501 The remaining related party payable of $ 72,605 72,133 Other Related Party Transactions During the three and six months ended January 31, 2024, the Company generated $ 62,443 55,505 Office space at Rosemead, CA is provided to Hartford Great Health Corp. at no cost by the sole executive officer. No provision for these costs has been included in these financial statements as the amounts are not material.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jan. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 5. COMMITMENTS AND CONTINGENCIES There has been no material contractual obligations and commitments as of January 31, 2024.

SEGMENT INFORMATION

SEGMENT INFORMATION	6 Months Ended
	Jan. 31, 2024
Segment Reporting [Abstract]
SEGMENT INFORMATION	NOTE 6. SEGMENT INFORMATION Accounting Standards Codification (“ASC”) 280, “Segment Reporting,” requires public companies to report financial and descriptive information about their reportable operating segments. We identify our operating segments based on how our chief operating decision maker internally evaluates separate financial information, business activities and management responsibility. The Company used to operate in two reportable segments: hospitality (hotel and travel agency) and early childhood education industry in China in the past years. Due to the disposal of operating subsidiaries on August 1, 2022, we currently have one reportable segment for advertising services.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jan. 31, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 7. SUBSEQUENT EVENTS In accordance with ASC 855 , “Subsequent Events” On February 23, 2024, the Company borrowed $ 85,000 5 On March 1, 2024, the Company returned $ 70,000 In the month of February 2024, HFZY has entered advertising service contracts with ten customers and received approximately RMB 8.11 1.13 7.70 1.07

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jan. 31, 2024
Accounting Policies [Abstract]
Organization	Organization 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 and since then we have been engaged in activities to formulate and implement our business plans. Through its wholly owned subsidiary - Hangzhou Hartford Comprehensive Health Management, Ltd (“HZHF) and HZHF’s 60 90 The Company started to engage in early childhood education industry at Hartford International Education Technology Co., Ltd (“HF Int’l Education”). On July 24, 2019 and March 23, 2020, HF Int’l Education established two 100 96 4 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 90 900 5,850 100 1,000 6,500 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”. and started to deliver media and advertisement services. HFZY mainly 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 provides customers with vertical integration services from early-stage advertising video creativity, shooting, editing, to advertising operation and management on social media apps. HFZY is one of the total solution advertising providers for domestic social media industry in China.
Basis of Presentation	Basis of Presentation The consolidated financial statements include the accounts of Hartford Great Health Corp, 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	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.
Income Taxes	Income Taxes The Company accounts for income taxes using the asset and liability method in accordance with ASC 740, Accounting for Income Taxes. The asset and liability method provides that deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities, and for operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized. The Tax Reform Act permanently reduces the U.S. corporate income tax rate to a flat 21% rate, effective January 1, 2018. In addition, the 2017 Tax Act also creates a new requirement that certain income (i.e., Global Intangible Low-Taxed Income (“GILTI”)) earned by controlled foreign corporations (“CFCs”) must be included in the gross income of the CFCs’ U.S. shareholder income. The tax law in PRC applies an income tax rate of 25% to all enterprises. The Company’s subsidiary does not receive any preferential tax treatment from local government
Revenue Recognition	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 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. The revenues from the display of impression-based ads will be recognized in the contracted period in which the impressions are delivered. The Company will also generate revenue from the delivery of certain services, such as the creation and delivery of ads that appear on third-party publishers’ websites and social platforms. The Company recognizes revenues from these services in the period in which the service is completed. During current reporting period, the Company generated $ 62,443 In the past years, the company’s main operations were focusing on Early childhood education services and Hospitality services. Impacted by the Covid-19 pandemic and Chinese regulation on education industry, both early childhood education services and hospitality services have been sold on August 1 2022. Thus, there was no revenue recognized for the three and six months ended January 31, 2023. See Note 3 Acquisitions and Disposals.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Recently not yet adopted accounting pronouncements 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.

ACQUISITIONS AND DISPOSALS (Tab

ACQUISITIONS AND DISPOSALS (Tables)	6 Months Ended
	Jan. 31, 2024
Business Combination and Asset Acquisition [Abstract]
SCHEDULE OF NET ASSETS (LIABILITIES) DISPOSED OF SUBSIDIARY	SCHEDULE OF NET ASSETS (LIABILITIES) DISPOSED OF SUBSIDIARY Net assets (liabilities) disposed of: Cash and cash equivalents $ 4,938 Prepaid and Other current receivables 45,532 Related party receivable 428,519 Inventory 305,124 Property and equipment - Net 582,707 ROU assets-Operating lease 2,836,698 Other assets 296,218 Related party loan and payables (1,321,549 ) Contract liabilities (547,906 ) Lease liabilities, current and noncurrent (3,715,688 ) Other current payable (401,782 ) Other liabilities (357,796 ) Noncontrolling interest 1,307,586 Net assets (liabilities) of the subsidiaries, excluding noncontrolling interest (537,399 ) Consideration 1,831 Gain on disposal of the subsidiaries $ (539,230 )

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)	3 Months Ended		6 Months Ended
	Jan. 31, 2024 USD ($)	Jan. 31, 2023 USD ($)	Jan. 31, 2024 USD ($)	Jan. 31, 2023 USD ($)	Aug. 01, 2022 USD ($)	Aug. 01, 2022 CNY (¥)	Aug. 31, 2021	Dec. 31, 2020	Mar. 23, 2020	Jul. 24, 2019
Income tax examination description			The Tax Reform Act permanently reduces the U.S. corporate income tax rate to a flat 21% rate, effective January 1, 2018. In addition, the 2017 Tax Act also creates a new requirement that certain income (i.e., Global Intangible Low-Taxed Income (“GILTI”)) earned by controlled foreign corporations (“CFCs”) must be included in the gross income of the CFCs’ U.S. shareholder income. The tax law in PRC applies an income tax rate of 25% to all enterprises. The Company’s subsidiary does not receive any preferential tax treatment from local government
Revenues	$ 62,443		$ 62,443
Shanghai Dubian Assets Management Ltd [Member]
Revenues			$ 62,443
Shanghai Oversea [Member] | Discontinued Operations, Disposed of by Sale [Member]
Sale of business unit, consideration					$ 1,831
Shanghai Oversea [Member] | Discontinued Operations, Disposed of by Sale [Member] | Hartford International Education Technology Co., Ltd [Member]
Sale of business unit, consideration					900	¥ 5,850
Shanghai Oversea [Member] | Discontinued Operations, Disposed of by Sale [Member] | Hangzhou Hartford Comprehensive Health Management Ltd [Member]
Sale of business unit, consideration					$ 1,000	¥ 6,500
Two Individual Investors [Member]
Equity ownership percentage							4%
Hartford International Education Technology Co., Ltd [Member] | Shanghai Oversea [Member] | Discontinued Operations, Disposed of by Sale [Member]
Percentage of voting interests sold					90%	90%
Hangzhou Hartford Comprehensive Health Management Ltd [Member] | Shanghai Oversea [Member] | Discontinued Operations, Disposed of by Sale [Member]
Percentage of voting interests sold					100%	100%
Shanghai Hongkou HaiDeFuDe Childcare Co., Ltd. [Member]
Equity ownership percentage									100%	100%
Shanghai HDFD Zhongli Education Technology Co Ltd [Member]
Equity ownership percentage							96%
Hangzhou Longjing Qiao Fu Vacation Hotel Co., Ltd. [Member]
Business acquisition, percentage of voting interests acquired								60%
Shanghai Qiao Garden International Travel Agency [Member]
Business acquisition, percentage of voting interests acquired								90%

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative) - USD ($)	Jan. 31, 2024	Jul. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accumulated deficit	$ 7,049,170	$ 7,003,717

SCHEDULE OF NET ASSETS (LIABILI

SCHEDULE OF NET ASSETS (LIABILITIES) DISPOSED OF SUBSIDIARY (Details) - Shanghai Oversea [Member] - Discontinued Operations, Disposed of by Sale [Member]	Aug. 01, 2022 USD ($)
Multiemployer Plan [Line Items]
Cash and cash equivalents	$ 4,938
Prepaid and Other current receivables	45,532
Related party receivable	428,519
Inventory	305,124
Property and equipment - Net	582,707
ROU assets-Operating lease	2,836,698
Other assets	296,218
Related party loan and payables	(1,321,549)
Contract liabilities	(547,906)
Lease liabilities, current and noncurrent	(3,715,688)
Other current payable	(401,782)
Other liabilities	(357,796)
Noncontrolling interest	1,307,586
Net assets (liabilities) of the subsidiaries, excluding noncontrolling interest	(537,399)
Consideration	1,831
Gain on disposal of the subsidiary	$ (539,230)

ACQUISITIONS AND DISPOSALS (Det

ACQUISITIONS AND DISPOSALS (Details Narrative)	Aug. 01, 2022 USD ($)	Aug. 01, 2022 CNY (¥)	Jan. 31, 2019
Shanghai Oversea [Member] | Discontinued Operations, Disposed of by Sale [Member]
Business Acquisition [Line Items]
Sale of business unit, consideration	$ 1,831
Shanghai Oversea [Member] | Discontinued Operations, Disposed of by Sale [Member] | Hartford International Education Technology Co., Ltd [Member]
Business Acquisition [Line Items]
Sale of business unit, consideration	900	¥ 5,850
Shanghai Oversea [Member] | Discontinued Operations, Disposed of by Sale [Member] | Hangzhou Hartford Comprehensive Health Management Ltd [Member]
Business Acquisition [Line Items]
Sale of business unit, consideration	$ 1,000	¥ 6,500
Shanghai Oversea [Member] | Discontinued Operations, Disposed of by Sale [Member] | Hartford International Education Technology Co., Ltd [Member]
Business Acquisition [Line Items]
Percentage of voting interests sold	90%	90%
Shanghai Oversea [Member] | Discontinued Operations, Disposed of by Sale [Member] | Hangzhou Hartford Comprehensive Health Management Ltd [Member]
Business Acquisition [Line Items]
Percentage of voting interests sold	100%	100%
Shanghai Luo Sheng International Trade Ltd. [Member]
Business Acquisition [Line Items]
Business acquired ownership interest	100%	100%	100%

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jan. 31, 2024	Jan. 31, 2023	Jan. 31, 2024	Jan. 31, 2023	Jul. 31, 2023
Related Party Transaction [Line Items]
Accounts payable, related parties	$ 72,605		$ 72,605		$ 72,133
Interest expense, related party	5,067	$ 4,089	10,331	$ 8,178
Unpaid principal	463,831		463,831		417,501
Revenues	62,443		62,443
Cost of revenue	55,505		55,505
Related Party [Member]
Related Party Transaction [Line Items]
Receivables	964		964		964
SHQiahong [Member]
Related Party Transaction [Line Items]
Accounts payable, related parties	582,601		582,601		586,236
Shanghai Oversea Chinese Culture Media Ltd [Member]
Related Party Transaction [Line Items]
Accounts payable, related parties	$ 3,321,300		$ 3,321,300		$ 3,291,324
Hartford Hotel Investment Inc [Member]
Related Party Transaction [Line Items]
Debt instrument, interest rate, stated percentage	5%		5%

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) ¥ in Thousands			1 Months Ended		6 Months Ended
	Mar. 01, 2024 USD ($)	Feb. 23, 2024 USD ($)	Feb. 29, 2024 USD ($)	Feb. 29, 2024 CNY (¥)	Jan. 31, 2024 USD ($)	Jan. 31, 2023 USD ($)	Feb. 29, 2024 CNY (¥)
Subsequent Event [Line Items]
Proceeds from related party debt					$ 36,000	$ 60,000
Subsequent Event [Member]
Subsequent Event [Line Items]
Advanced payment from contracted customers			$ 1,130,000	¥ 8,110
Prepaid advertising			$ 1,070,000				¥ 7,700
Subsequent Event [Member] | MR Lianyu Song [Member]
Subsequent Event [Line Items]
Proceeds from related party debt		$ 85,000
Debt instrument interest rate effective percentage		5%
Subsequent Event [Member] | Hartford Hotel Investment Inc [Member]
Subsequent Event [Line Items]
Payment of related party notes payable	$ 70,000