FHT Future Technology (FHTF) 10-Q/A 11 Jun 21 2021 Q2 Quarterly report (amended) Financial data

Cover

Cover - shares	6 Months Ended
	Sep. 30, 2020	Dec. 16, 2020
Cover [Abstract]
Entity Registrant Name	FHT FUTURE TECHNOLOGY LTD
Entity Central Index Key	0001764443
Document Type	10-Q/A
Amendment Flag	true
Current Fiscal Year End Date	--03-31
Entity Small Business	true
Entity Shell Company	true
Entity Emerging Growth Company	true
Entity Current Reporting Status	Yes
Document Period End Date	Sep. 30, 2020
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2021
Entity Ex Transition Period	true
Entity Common Stock Shares Outstanding		324,500,000
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	333-230956
Entity Incorporation State Country Code	NV
Entity Tax Identification Number	35-2649453
Entity Address Address Line 1	A1#303, Hang Kong Gudi Plaza
Entity Address Address Line 2	Huli District, Xiamen City
Entity Address City Or Town	Fujian Province
Entity Address Country	CN
Entity Address Postal Zip Code	89108
City Area Code	86
Local Phone Number	18350283270
Entity Interactive Data Current	Yes
Amendment Description	We are filing this Amendment No.1 on Form 10-Q (“Amended Report”) to amend our Quarterly Report for the six months ended September 30, 2020, originally filed with the Securities and Exchange Commission on December 16, 2020 (the “Original Report”), to amend our consolidated financial statements. This Amended Report has not been updated for events occurring after the filing of the Original Report nor does it change any other disclosures contained in the Original Report. Accordingly, this Amended Report should be read in conjunction with the Original Report. In accordance with applicable SEC rules, this Form 10-Q/A includes new certifications required by Sections 302 and 906 of the Sarbanes-Oxley Act of 2002, as amended, from our Chief Executive Officer and Chief Financial Officer dated December 16, 2020 10-Q as of the filing date of this Form 10-Q/A.

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019
CURRENT ASSETS
Cash and cash equivalents	$ 10,399		$ 5,306
Prepaid expenses	15,014		0
Inventories	2,238,149		0
Other receivables	271		0
Total current assets	2,263,833		5,306
NON-CURRENT ASSETS
Property and equipment, net	2,307		0
Total non-current assets	2,307		0
TOTAL ASSETS	2,266,140		5,306
CURRENT LIABILITIES
Account payables	1,708,736		0
Accrued expenses	12,585		0
Due to related parties	1,193		63,245
Deferred revenues	280,965		0
Total current liabilities	2,003,479		63,245
TOTAL LIABILITIES	2,003,479		63,245
STOCKHOLDERS' EQUITY (DEFICIT)
Common stock: $0.001 par value, authorized: 375,000,000 shares. 318,400,000 and 31,000,000 shares issued and outstanding as of September 30, 2020 and March 31, 2020, respectively	318,400		31,000
Additional paid-in capital	89,445		28,500
Accumulated deficit	(153,477)		(117,439)
Accumulated other comprehensive income	8,293		0
Total stockholders' equity (deficit)	262,661	$ 6	(57,939)	$ (2,687)	$ (1,076)	$ 2,394
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$ 2,266,140		$ 5,306

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2020	Mar. 31, 2020
Consolidated Balance Sheets
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	375,000,000	375,000,000
Common Stock, Shares Issued	318,400,000	31,000,000
Common Stock, Shares Outstanding	318,400,000	31,000,000

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Operating expenses
General and administrative expense	$ 33,038	$ 31,611	$ 36,038	$ 35,081
Total operating expenses	33,038	31,611	36,038	35,081
Loss from operations	(33,038)	(31,611)	(36,038)	(35,081)
Loss before provision for income taxes	(33,038)	(31,611)	(36,038)	(35,081)
Income tax provision	0	0	0	0
Net loss	(33,038)	(31,611)	(36,038)	(35,081)
Comprehensive income
Net loss	(33,038)	(31,611)	(36,038)	(35,081)
Other comprehensive income
Foreign currency translation adjustment	8,293	0	8,293	0
Total comprehensive loss	$ (24,745)	$ (31,611)	$ (27,745)	$ (35,081)
Loss per common stock, basic and diluted	$ 0	$ 0	$ 0	$ 0
Weighted-average shares outstanding, basic and diluted	72,189,350	31,000,000	51,707,214	31,000,000

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders Equity (Deficit) (unaudited) - USD ($)	Total	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Accumulated other comprehensive loss
Balance, shares at Mar. 31, 2019		3,500,000
Balance, amount at Mar. 31, 2019	$ 2,394	$ 3,500	$ 0	$ (1,106)	$ 0
Net loss	(3,470)	$ 0	0	(3,470)	0
Balance, shares at Jun. 30, 2019		3,500,000
Balance, amount at Jun. 30, 2019	(1,076)	$ 3,500	0	(4,576)	0
Balance, shares at Mar. 31, 2019		3,500,000
Balance, amount at Mar. 31, 2019	2,394	$ 3,500	0	(1,106)	0
Net loss	(35,081)
Balance, shares at Sep. 30, 2019		5,000,000
Balance, amount at Sep. 30, 2019	(2,687)	$ 5,000	28,500	(36,187)	0
Balance, shares at Jun. 30, 2019		3,500,000
Balance, amount at Jun. 30, 2019	(1,076)	$ 3,500	0	(4,576)	0
Net loss	(31,611)	$ 0	0	(31,611)	0
Issuance of shares, shares		1,500,000
Issuance of shares, amount	30,000	$ 1,500	28,500	0	0
Balance, shares at Sep. 30, 2019		5,000,000
Balance, amount at Sep. 30, 2019	(2,687)	$ 5,000	28,500	(36,187)	0
Balance, shares at Mar. 31, 2020		31,000,000
Balance, amount at Mar. 31, 2020	(57,939)	$ 31,000	28,500	(117,439)	0
Net loss	(3,000)	0	0	(3,000)	0
Related party payable forgiveness	60,945	$ 0	60,945	0	0
Balance, shares at Jun. 30, 2020		31,000,000
Balance, amount at Jun. 30, 2020	6	$ 31,000	89,445	(120,439)	0
Balance, shares at Mar. 31, 2020		31,000,000
Balance, amount at Mar. 31, 2020	(57,939)	$ 31,000	28,500	(117,439)	0
Net loss	$ (36,038)
Issuance of shares, shares	293,500,000
Issuance of shares, amount	$ 293,500
Balance, shares at Sep. 30, 2020		318,400,000
Balance, amount at Sep. 30, 2020	262,661	$ 318,400	89,445	(153,477)	8,293
Balance, shares at Jun. 30, 2020		31,000,000
Balance, amount at Jun. 30, 2020	6	$ 31,000	89,445	(120,439)	0
Net loss	(33,038)	$ 0	0	(33,038)	0
Issuance of shares, shares		287,400,000
Issuance of shares, amount	287,400	$ 287,400	0	0	0
Foreign currency translation adjustment	8,293	$ 0	0	0	8,293
Balance, shares at Sep. 30, 2020		318,400,000
Balance, amount at Sep. 30, 2020	$ 262,661	$ 318,400	$ 89,445	$ (153,477)	$ 8,293

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (unaudited) - USD ($)	6 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (36,038)	$ (35,081)
Changes in operating assets and liabilities:
Prepaid expenses	(14,733)	2,750
Inventories	(2,196,302)
Other receivables	(266)	0
Account payables	1,676,787	0
Accrued expenses	12,406	0
Deferred revenues	275,899	0
Net cash used in operating activities	(282,247)	(32,331)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment	(2,264)	0
Net cash used in investing activities:	(2,264)	0
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from sale of stock	287,400	30,000
Advance from related party	1,193	4,107
Repayment to related party	(2,300)	0
Net cash provided by financing activities	286,293	34,107
EFFECT OF EXCHANGE RATE CHANGE IN CASH AND CASH EQUIVALENTS	3,311	0
NET INCREASE IN CASH AND CASH EQUIVALENTS	5,093	1,776
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD	5,306	1,232
CASH AND CASH EQUIVALENTS - END OF PERIOD	10,399	3,008
NON-CASH INVESTING AND FINANCING TRANSACTION
Forgiveness of related party payable	60,945	0
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for interest	0	0
Cash paid for income taxes	$ 0	$ 0

BACKGROUND INFORMATION

BACKGROUND INFORMATION	6 Months Ended
	Sep. 30, 2020
BACKGROUND INFORMATION
Note 1. Background information	NOTE 1. BACKGROUND INFORMATION Ghar Inc. (“GHAR”) was incorporated in the State of Nevada on December 11, 2018 and is located at 5348 Vegas Drive Las Vegas, NV, 89108. On May 28, 2020, as a result of a private transaction, 29,500,000 shares of common stock of GHAR, were transferred from Hamza Abid to Custodian Ventures LLC. The consideration paid for the Shares, which represent approximately 95% of the issued and outstanding share capital of GHAR on a fully-diluted basis, was $45,000. In connection with the transaction, Hamza Abid released the Company from all debts owed and ceased to serve as GHAR’s President, Chief Executive Officer, Treasurer, Secretary and Director, and David Lazar consented to act as the new President, CEO, CFO, Treasurer, Secretary and sole director of the Board of Directors of GHAR effective June 1, 2020. On June 30, 2020, as a result of a private transaction, 29,500,000 shares of common stock of GHAR were transferred from Custodian Ventures LLC to Wenjin Li. The consideration paid for the Shares, which represents approximately 95% of the issued and outstanding share capital of GHAR on a fully diluted basis, was $225,000. In connection with the transaction, Custodian Ventures LLC released GHAR from all debts owed and David Lazar ceased to serve as GHAR’s President, Chief Executive Officer, Treasurer, Secretary and Director. Wenjin Li consented to act as the new President, CEO, CFO, Treasurer, Secretary and sole director of the Board of Directors of GHAR. In addition, the Board of Directors and majority shareholder of GHAR approved a name change of GHAR from Ghar Inc. to FHT Future Technology Ltd (“FHTF”), the name change became effective in July 2020. Reorganization On June 8, 2020, FHT Future Technology Pte Ltd (“FHT Singapore”) was incorporated by Mr. Wenjin Li in anticipation to conduct business in Singapore. On June 12, 2020, FHT Future (HK) Holdings Co., Ltd (“FHT HK”) was incorporated by a contracted independent party on behalf of FHTF solely for the purpose of being acquired by FHTF. Subsequently, FHT HK established a new PRC subsidiary, Xiamen Zhenghe Xin Neng Digital Technology Co Ltd (“Zhenghe Technology”) on July 6, 2020. On July 23, 2020, FHTF acquired 100% ownership interest in FHT Singapore at the consideration of one Singapore Dollar from Wenjin Li. On September 28, 2020, FHTF completed its acquisition of FHT HK together with its wholly owned PRC subsidiary, at the consideration of one hundred Hong Kong dollar respectively from the contracted independent party (the “Reorganization”). Immediately before and after the Reorganization, the stockholders of FHTF effectively controlled FHTF, FHT Singapore and FHT HK, together with its wholly owned PRC subsidiary (collectively, the “Company”). Therefore, for accounting purpose, the Reorganization is accounted for as a transaction of entities under common control. Accordingly, the accompanying consolidated financial statements have been prepared as if the current corporate structure had been in existence throughout the periods presented. The Company anticipates to conduct business of selling cryptocurrencies mining machine and providing technical services through its subsidiaries. The accompanying unaudited consolidated financial statements of the Company have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission, or the SEC, including the instructions to Form 10-Q and Regulation S-X. In the opinion of the management of the Company, all adjustments, which are of a normal recurring nature, necessary for a fair statement of the results for the six months ended September 30, 2020, have been made. Results for the interim periods presented are not necessarily indicative of the results that might be expected for the entire fiscal year. Certain information and note disclosure normally included in financial statements prepared in accordance with generally accepted accounting principles in the United States of America has been omitted from these statements pursuant to such accounting principles and, accordingly, they do not include all the information and notes necessary for comprehensive financial statements and should be read in conjunction with our consolidated financial statements for the year ended March 31, 2020, included in our Form 10-K.

GOING CONCERN

GOING CONCERN	6 Months Ended
	Sep. 30, 2020
GOING CONCERN
Note 2. Going concern	NOTE 2. GOING CONCERN The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As of September 30, 2020, the Company has not generated any revenues from operations. These factors, among others, raise substantial doubt about the ability of the Company to continue as a going concern for a reasonable period of time. The Company intends on financing its future development activities and its working capital needs largely from the sale of public equity securities with additional funding from other traditional financing sources, such as term notes, until such time that funds provided by operations are sufficient to fund working capital requirements. The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation of liabilities in the ordinary course of business.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Sep. 30, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Note 3. Summary of significant accounting policies	NOTE 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation and Principals of Consolidation The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America ("GAAP"). The consolidated financial statements include the accounts of the Company and its subsidiaries. Inter-company accounts and transactions have been eliminated. Fair Value Measurements The Company adopted the provisions of ASC Topic 820, “Fair Value Measurements and Disclosures”, which defines fair value as used in numerous accounting pronouncements, establishes a framework for measuring fair value and expands disclosure of fair value measurements. The fair value measurements of financial assets and financial liabilities and for of nonfinancial items that are recognized or disclosed at fair value in the financial statements on a recurring basis. Additionally, the Company adopted guidance for fair value measurement related to nonfinancial items that are recognized and disclosed at fair value in the financial statements on a nonrecurring basis. The guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. ASC 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 describes three levels of inputs that may be used to measure fair value: Level 1 - quoted prices in active markets for identical assets or liabilities Level 2 - quoted prices for similar assets and liabilities in active markets or inputs that are observable Level 3 - inputs that are unobservable (for example cash flow modeling inputs based on assumptions) Financial instruments included in current assets and current liabilities except for due to related parties are reported in the consolidated balance sheets at face value or cost, which approximate fair value because of the short period of time between the origination of such instruments and their expected realization and their current market rates of interest. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include going concern and write-down in value of inventory. Reclassification Certain prior period amounts have been reclassified to conform to the current period presentation. These reclassifications had no impact on net earnings and financial position. Foreign Currency Translation The accompanying consolidated financial statements are presented in United States dollar (“$”), which is the reporting currency of the Company. The functional currency of FHTF is United States dollar. The functional currency of FHT Singapore is Singapore dollar (“S$”), the functional currency of FHT HK is Hong Kong Dollar (“HK$) and the functional currency of the Company’s subsidiary located in the PRC is Renminbi (“RMB”). Given the exchange rate of the Hong Kong dollar to the U.S. dollar has remained close to the current pegged rate of HKD7.80=$1.00 since 1983, management does not expect significant foreign exchange gains or losses between the two currencies, therefore the Company chose to use simple translation method to translate all assets and liabilities, revenue and expenses and equity at the exchange rate of 7.80. For the subsidiaries whose functional currencies are RMB and S$, results of operations and cash flows are translated at average exchange rates during the period, assets and liabilities are translated at the unified exchange rate at the end of the period, and equity is translated at historical exchange rates. The resulting translation adjustments are included in determining other comprehensive income. Cash and Cash Equivalents Cash and cash equivalents include cash in banks, money market funds, and certificates of term deposits with maturities of less than three months from inception, which are readily convertible to known amounts of cash and which, in the opinion of management, are subject to an insignificant risk of loss in value. Inventories Inventories, consisting mainly of mining machines, accounted for using the weighted average method, are valued at the lower of cost and market value. As of September 30, 2020, substantially all of the Company’s inventories were purchased from a single vendor. Segment Reporting The Company uses the “management approach” in determining reportable operating segments. The management approach considers the internal organization and reporting used by the Company’s chief operating decision maker for making operating decisions and assessing performance as the source for determining the Company’s reportable segments. The Company’s chief operating decision maker has been identified as the chief executive officer of the Company who reviews financial information of separate operating segments based on GAAP. The chief operating decision maker now reviews results analyzed by customer. The Company has determined that it has only one operating segment. Loss per Share The Company has adopted ASC 260, “Earnings Per Share,” (“EPS”) which requires presentation of basic and diluted EPS on the face of the income statements for all entities with complex capital structures, and requires a reconciliation of the numerator and denominator of the basic EPS computation to the numerator and denominator of the diluted EPS computation. In the accompanying financial statements, basic loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. The Company has no potentially dilutive securities, such as options or warrants, currently issued and outstanding. 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. As of September 30, 2020 the Company did not have any amounts recorded pertaining to uncertain tax positions. Recently Issued Accounting Pronouncements In June 2016, the FASB issued ASU 2016-13, “Financial Instruments-Credit Losses”. The standard, including subsequently issued amendments (ASU 2018-19, ASU 2019-04, ASU 2019-05, ASU 2019-10, ASU 2019-11 and ASU 2020-02, collectively with ASU 2016-13, “ASC Topic 326”), requires a financial asset measured at amortized cost basis, such as accounts receivable and certain other financial assets, to be presented at the net amount expected to be collected based on relevant information about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. This ASU, as amended by ASU 2019-10, is effective for the Company for fiscal years beginning after December 15, 2022, and interim periods within those fiscal years, and requires the modified retrospective approach. Early adoption is permitted. The Company is currently evaluating the potential impacts of ASC Topic 326 on its consolidated financial statements. In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement (“ASU 2018-13”). The update eliminates, modifies, and adds certain disclosure requirements for fair value measurements associated with the movement amongst or hierarchy associated with Level 1, Level 2 and Level 3 fair value measurements. The amendments in this Update modify the disclosure requirements on fair value measurements based on the concepts in FASB Concepts Statement, Conceptual Framework for Financial Reporting-Chapter 8: Notes to Financial Statements, including the consideration of costs and benefits. The amendments on changes in unrealized gains and losses, the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements, and the narrative description of measurement uncertainty should be applied prospectively for only the most recent interim or annual period presented in the initial fiscal year of adoption. All other amendments should be applied retrospectively to all periods presented upon their effective date. The amendments are effective for all entities for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years, with early adoption permitted. The Company adopted this standard on April 1, 2020 and the adoption of this standard did not have a material impact on the Company’s consolidated financial statements. In December 2019, the FASB issued ASU 2019-12, “Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes”. ASU 2019-12 simplifies the accounting for income taxes by removing exceptions within the general principles of Topic 740 regarding the calculation of deferred tax liabilities, the incremental approach for intraperiod tax allocation, and calculating income taxes in an interim period. In addition, the ASU adds clarifications to the accounting for franchise tax (or similar tax), which is partially based on income, evaluating tax basis of goodwill recognized from a business combination, and reflecting the effect of any enacted changes in tax laws or rates in the annual effective tax rate computation in the interim period that includes the enactment date. The ASU is effective for fiscal years beginning after December 15, 2020 and will be applied either retrospectively or prospectively based upon the applicable amendments. Early adoption is permitted. The Company is currently evaluating the potential impacts of ASU 2019-12 on its consolidated financial statements. Except as mentioned above, the Company does not believe other recently issued but not yet effective accounting standards, if currently adopted, would have a material effect on the Company’s consolidated financial statements.

INVENTORIES

INVENTORIES	6 Months Ended
	Sep. 30, 2020
INVENTORIES
Note 4. Inventories	NOTE 4. INVENTORIES As of September 30, 2020 and March 31, 2020, inventories consist of the following: September 30, 2020 March 31, 2020 (Restated) Mining machines $ 2,238,149 $ - Total $ 2,238,149 $ -

SHAREHOLDERS' EQUITY (DEFICIT)

SHAREHOLDERS' EQUITY (DEFICIT)	6 Months Ended
	Sep. 30, 2020
SHAREHOLDERS' EQUITY (DEFICIT)
Note 5. Shareholders' Equity (Deficit)	NOTE 5. SHAREHOLDERS’ EQUITY (DEFICIT) Authorized Stock In June 2020, the Company filed a Certificate of Amendment with the Nevada Secretary of State to increase its authorized shares of common stock to 375,000,000 shares. The increase in authorized shares was effective with the Nevada Secretary of State in June 2020. Common Share Issuances In September 2020, the Company entered into share purchase agreements with investors to issue a total of 293,500,000 shares of common stock for an aggregate proceed of $293,500. As of September 30, 2020, the Company has received the proceeds of $287,400 to purchase 287,400,000 shares of common stock and included the corresponding shares in its consolidated balance sheet as if these shares were issued and outstanding on payment date as the Company has received the proceeds and the subscribers already obtained title to those shares. The Company registered the 287,400,000 shares and issued the remaining 6,100,000 shares in October 2020.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
	Sep. 30, 2020
RELATED PARTY TRANSACTIONS
Note 6. RELATED PARTY TRANSACTIONS	NOTE 6 - RELATED PARTY TRANSACTIONS As of September 30, 2020 and March 31, 2020, the Company’s related party relationships and balances are as follows: Name of the related parties Nature of relationship Wenjin Li CEO of the Company Hamza Abid Former president of the Company Ants Investment Management Pte Ltd. Controlled by the CEO of the Company Greating Future Info & Tech Co. Ltd. Significant owner of the Company X Capital Investment Pte Ltd. Significant owner of the Company Amount due to related parties: As of September 30, 2020 As of March 31, (Restated) 2020 Wenjin Li $ 1,193 $ - Hamza Abid - 63,245 Total $ 1,193 $ 63,245 Balance due to related parties primarily represents amount advanced from related parties. These advances are unsecured, interest-free and due on demand. During the six months ended September 30, 2020, The Company repaid $2,300 to Hamza Abid, and Hamza Abid forgave the remaining balance of $60,945 as a result of change in control. See Note 1. The amount forgiven was recorded as an equity transaction. During the period ended September 30, 2020, the Company signed share purchase agreements with companies to issue shares for cash. The Company received share purchase proceeds as of September 30, 2020 and the shares were issued subsequently. The title of such shares is granted to the parties upon receipt of proceeds. See Note 5. The following table presents the information regarding the information of share subscription during the period ended September 30, 2020: Number of shares Amount Ants Investment Management Pte Ltd. 130,489,600 $ 130,490 Greating Future Info & Tech Co. Ltd. 75,000,000 $ 75,000 X Capital Investment Pte Ltd. 42,000,000 $ 42,000

RESTATEMENT OF PREVIOUSLY ISSUE

RESTATEMENT OF PREVIOUSLY ISSUED UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS	6 Months Ended
	Sep. 30, 2020
RESTATEMENT OF PREVIOUSLY ISSUED UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
Note 7. RESTATEMENT OF PREVIOUSLY ISSUED UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS	NOTE 7 - RESTATEMENT OF PREVIOUSLY ISSUED UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS The combined impact of all adjustments to the applicable line items in the unaudited consolidated financial statements for the period covered by this Form 10-Q/A is provided in the table below. Consolidated Balance Sheet: In the following table, the “As Originally Filed” column corresponds to Form 10-Q as of period ended September 30, 2020 filed by the Company on December 16, 2020. As Originally Filed Effect of Restatement Restated ASSETS CURRENT ASSETS Cash and cash equivalents $ 399 $ 10,000 $ 10,399 Prepaid expenses 544,390 (529,376 ) 15,014 Inventories - 2,238,149 2,238,149 Other receivables 303 (32 ) 271 Total current assets 545,092 1,718,741 2,263,833 NON-CURRENT ASSETS Property and equipment, net 2,307 - 2,307 Total non-current assets 2,307 - 2,307 TOTAL ASSETS $ 547,399 $ 1,718,741 $ 2,266,140 LIABILITIES AND STOCKHOLDERS’ EQUITY CURRENT LIABILITIES Account payable $ - $ 1,708,736 $ 1,708,736 Accrued expenses 40,849 (28,264 ) 12,585 Due to related parties 1,193 - 1,193 Deferred revenues 246,051 34,914 280,965 Total current liabilities 288,093 1,715,386 2,003,479 TOTAL LIABILITIES 288,093 1,715,386 2,003,479 STOCKHOLDERS’ EQUITY Common stock: $0.001 par value, authorized: 375,000,000 shares. 318,400,000 and 31,000,000 shares issued and outstanding as of September 30, 2020 and March 31, 2020, respectively 31,000 287,400 318,400 Additional paid-in-capital 89,445 - 89,445 Share to be issued 296,245 (296,245 ) - Accumulated deficit (157,289 ) 3,812 (153,477 ) Accumulated other comprehensive income (95 ) 8,388 8,293 Total stockholders’ equity 259,306 3,355 262,661 TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 547,399 $ 1,718,741 $ 2,266,140 Consolidated Statement of Operations and Comprehensive Income (Unaudited): In the following table, the “As Originally Filed” column corresponds to Form 10-Q for the three months ended September 30, 2020 filed by the Company on December 16, 2020. As Originally Filed Effect of Restatement Restated Operating expenses General and administrative expenses $ 36,850 $ (3,812 ) $ 33,038 Total operating expenses 36,850 (3,812 ) 33,038 Loss from operations (36,850 ) 3,812 (33,038 ) Loss before provision for income taxes (36,850 ) 3,812 (33,038 ) Income tax provision - - - Net loss $ (36,850 ) $ 3,812 $ (33,038 ) Comprehensive income Net loss $ (36,850 ) $ 3,812 $ (33,038 ) Other comprehensive income Foreign currency translation adjustment (95 ) 8,388 8,293 Total comprehensive loss $ (36,945 ) $ 12,200 $ (24,745 ) Loss per common stock, basic and diluted $ (0.00 ) $ (0.00 ) $ (0.00 ) Weighted-average shares outstanding, basic and diluted 31,000,000 41,189,350 72,189,350 In the following table, the “As Originally Filed” column corresponds to Form 10-Q for the six months ended September 30, 2020 filed by the Company on December 16, 2020. As Originally Filed Effect of Restatement Restated Operating expenses General and administrative expenses $ 39,850 $ (3,812 ) $ 36,038 Total operating expenses 39,850 (3,812 ) 36,038 Loss from operations (39,850 ) 3,812 (36,038 ) Loss before provision for income taxes (39,850 ) 3,812 (36,038 ) Income tax provision - - - Net loss $ (39,850 ) $ 3,812 $ (36,038 ) Comprehensive income Net loss $ (39,850 ) $ 3,812 $ (36,038 ) Other comprehensive income Foreign currency translation adjustment (95 ) 8,388 8,293 Total comprehensive loss $ (39,945 ) $ 12,200 $ (24,745 ) Loss per common stock, basic and diluted $ (0.00 ) $ - $ (0.00 ) Weighted-average shares outstanding, basic and diluted 31,000,000 20,707,214 51,707,214 Consolidated Statement of Cash Flows (unaudited): In the following table, the “As Originally Filed” column corresponds to Form 10-Q for the six months ended September 30, 2020 filed by the Company on December 16, 2020. As Originally Filed Effect of Restatement Restated CASH FLOWS FROM OPERATING ACTIVITIES: Net loss $ (39,850 ) $ 3,812 $ (36,038 ) Adjustments to reconcile net loss to net cash used in operating activities: Forgiveness of related party payable 60,945 (60,945 ) - Changes in operating assets and liabilities: Prepaid expenses (543,127 ) 528,394 (14,733 ) Inventories - (2,196,302 ) (2,196,302 ) Other receivables (45 ) (221 ) (266 ) Account payables - 1,676,787 1,676,787 Accrued expenses 40,743 (28,337 ) 12,406 Deferred revenues 245,366 30,533 275,899 Net cash used in operating activities (235,968 ) (46,279 ) (282,247 ) CASH FLOWS FROM INVESTING ACTIVITIES: Purchase of property and equipment (2,300 ) 36 (2,264 ) Net cash used in investing activities: ( ) 36 ( ) CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from shares to be issued 296,245 (296,245 ) - Proceeds from sales of stock - 287,400 287,400 Advance from related party 1,193 - 1,193 Repayment to related party (63,245 ) 60,945 (2,300 ) Net cash provided by financing activities 234,193 52,100 286,293 EFFECT OF EXCHANGE RATE CHANGE IN CASH AND CASH EQUIVALENTS (832 ) 4,143 3,311 NET INCREASE IN CASH AND CASH EQUIVALENTS (4,907 ) 10,000 5,093 CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD 5,306 - 5,306 CASH AND CASH EQUIVALENTS - END OF PERIOD $ 399 $ 10,000 $ 10,399 NON-CASH INVESTING AND FINANCING TRANSACTION Forgiveness of related party payable $ - $ 60,945 $ 60,945 SUPPLEMENTAL CASH FLOW INFORMATION: Cash paid for interest $ - $ - $ - Cash paid for income taxes $ - $ - $ -

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Sep. 30, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Presentation and Principals of Consolidation	The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America ("GAAP"). The consolidated financial statements include the accounts of the Company and its subsidiaries. Inter-company accounts and transactions have been eliminated.
Fair Value Measurements	The Company adopted the provisions of ASC Topic 820, “Fair Value Measurements and Disclosures”, which defines fair value as used in numerous accounting pronouncements, establishes a framework for measuring fair value and expands disclosure of fair value measurements. The fair value measurements of financial assets and financial liabilities and for of nonfinancial items that are recognized or disclosed at fair value in the financial statements on a recurring basis. Additionally, the Company adopted guidance for fair value measurement related to nonfinancial items that are recognized and disclosed at fair value in the financial statements on a nonrecurring basis. The guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. ASC 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 describes three levels of inputs that may be used to measure fair value: Level 1 - quoted prices in active markets for identical assets or liabilities Level 2 - quoted prices for similar assets and liabilities in active markets or inputs that are observable Level 3 - inputs that are unobservable (for example cash flow modeling inputs based on assumptions) Financial instruments included in current assets and current liabilities except for due to related parties are reported in the consolidated balance sheets at face value or cost, which approximate fair value because of the short period of time between the origination of such instruments and their expected realization and their current market rates of interest.
Use of Estimates	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include going concern and write-down in value of inventory.
Reclassification	Certain prior period amounts have been reclassified to conform to the current period presentation. These reclassifications had no impact on net earnings and financial position.
Foreign Currency Translation	The accompanying consolidated financial statements are presented in United States dollar (“$”), which is the reporting currency of the Company. The functional currency of FHTF is United States dollar. The functional currency of FHT Singapore is Singapore dollar (“S$”), the functional currency of FHT HK is Hong Kong Dollar (“HK$) and the functional currency of the Company’s subsidiary located in the PRC is Renminbi (“RMB”). Given the exchange rate of the Hong Kong dollar to the U.S. dollar has remained close to the current pegged rate of HKD7.80=$1.00 since 1983, management does not expect significant foreign exchange gains or losses between the two currencies, therefore the Company chose to use simple translation method to translate all assets and liabilities, revenue and expenses and equity at the exchange rate of 7.80. For the subsidiaries whose functional currencies are RMB and S$, results of operations and cash flows are translated at average exchange rates during the period, assets and liabilities are translated at the unified exchange rate at the end of the period, and equity is translated at historical exchange rates. The resulting translation adjustments are included in determining other comprehensive income.
Cash and Cash Equivalents	Cash and cash equivalents include cash in banks, money market funds, and certificates of term deposits with maturities of less than three months from inception, which are readily convertible to known amounts of cash and which, in the opinion of management, are subject to an insignificant risk of loss in value.
Inventories	Inventories, consisting mainly of mining machines, accounted for using the weighted average method, are valued at the lower of cost and market value. As of September 30, 2020, substantially all of the Company’s inventories were purchased from a single vendor.
Segment Reporting	The Company uses the “management approach” in determining reportable operating segments. The management approach considers the internal organization and reporting used by the Company’s chief operating decision maker for making operating decisions and assessing performance as the source for determining the Company’s reportable segments. The Company’s chief operating decision maker has been identified as the chief executive officer of the Company who reviews financial information of separate operating segments based on GAAP. The chief operating decision maker now reviews results analyzed by customer. The Company has determined that it has only one operating segment.
Loss per Share	The Company has adopted ASC 260, “Earnings Per Share,” (“EPS”) which requires presentation of basic and diluted EPS on the face of the income statements for all entities with complex capital structures, and requires a reconciliation of the numerator and denominator of the basic EPS computation to the numerator and denominator of the diluted EPS computation. In the accompanying financial statements, basic loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. The Company has no potentially dilutive securities, such as options or warrants, currently issued and outstanding.
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. As of September 30, 2020 the Company did not have any amounts recorded pertaining to uncertain tax positions.
Recently Issued Accounting Pronouncements	In June 2016, the FASB issued ASU 2016-13, “Financial Instruments-Credit Losses”. The standard, including subsequently issued amendments (ASU 2018-19, ASU 2019-04, ASU 2019-05, ASU 2019-10, ASU 2019-11 and ASU 2020-02, collectively with ASU 2016-13, “ASC Topic 326”), requires a financial asset measured at amortized cost basis, such as accounts receivable and certain other financial assets, to be presented at the net amount expected to be collected based on relevant information about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. This ASU, as amended by ASU 2019-10, is effective for the Company for fiscal years beginning after December 15, 2022, and interim periods within those fiscal years, and requires the modified retrospective approach. Early adoption is permitted. The Company is currently evaluating the potential impacts of ASC Topic 326 on its consolidated financial statements. In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement (“ASU 2018-13”). The update eliminates, modifies, and adds certain disclosure requirements for fair value measurements associated with the movement amongst or hierarchy associated with Level 1, Level 2 and Level 3 fair value measurements. The amendments in this Update modify the disclosure requirements on fair value measurements based on the concepts in FASB Concepts Statement, Conceptual Framework for Financial Reporting-Chapter 8: Notes to Financial Statements, including the consideration of costs and benefits. The amendments on changes in unrealized gains and losses, the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements, and the narrative description of measurement uncertainty should be applied prospectively for only the most recent interim or annual period presented in the initial fiscal year of adoption. All other amendments should be applied retrospectively to all periods presented upon their effective date. The amendments are effective for all entities for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years, with early adoption permitted. The Company adopted this standard on April 1, 2020 and the adoption of this standard did not have a material impact on the Company’s consolidated financial statements. In December 2019, the FASB issued ASU 2019-12, “Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes”. ASU 2019-12 simplifies the accounting for income taxes by removing exceptions within the general principles of Topic 740 regarding the calculation of deferred tax liabilities, the incremental approach for intraperiod tax allocation, and calculating income taxes in an interim period. In addition, the ASU adds clarifications to the accounting for franchise tax (or similar tax), which is partially based on income, evaluating tax basis of goodwill recognized from a business combination, and reflecting the effect of any enacted changes in tax laws or rates in the annual effective tax rate computation in the interim period that includes the enactment date. The ASU is effective for fiscal years beginning after December 15, 2020 and will be applied either retrospectively or prospectively based upon the applicable amendments. Early adoption is permitted. The Company is currently evaluating the potential impacts of ASU 2019-12 on its consolidated financial statements. Except as mentioned above, the Company does not believe other recently issued but not yet effective accounting standards, if currently adopted, would have a material effect on the Company’s consolidated financial statements.

INVENTORIES (Tables)

INVENTORIES (Tables)	6 Months Ended
	Sep. 30, 2020
INVENTORIES
Schedule of prepaid expenses	September 30, 2020 March 31, 2020 (Restated) Mining machines $ 2,238,149 $ - Total $ 2,238,149 $ -

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	6 Months Ended
	Sep. 30, 2020
RELATED PARTY TRANSACTIONS
Schedule of share subscription	Number of shares Amount Ants Investment Management Pte Ltd. 130,489,600 $ 130,490 Greating Future Info & Tech Co. Ltd. 75,000,000 $ 75,000 X Capital Investment Pte Ltd. 42,000,000 $ 42,000
Schedule of Related party balances	Name of the related parties Nature of relationship Wenjin Li CEO of the Company Hamza Abid Former president of the Company Ants Investment Management Pte Ltd. Controlled by the CEO of the Company Greating Future Info & Tech Co. Ltd. Significant owner of the Company X Capital Investment Pte Ltd. Significant owner of the Company
Schedule of Amount due to related parties	As of September 30, 2020 As of March 31, (Restated) 2020 Wenjin Li $ 1,193 $ - Hamza Abid - 63,245 Total $ 1,193 $ 63,245

RESTATEMENT OF PREVIOUSLY ISS_2

RESTATEMENT OF PREVIOUSLY ISSUED UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS (Tables)	6 Months Ended
	Sep. 30, 2020
RELATED PARTY TRANSACTIONS
Schedule of Consolidated Balance Sheets	As Originally Filed Effect of Restatement Restated ASSETS CURRENT ASSETS Cash and cash equivalents $ 399 $ 10,000 $ 10,399 Prepaid expenses 544,390 (529,376 ) 15,014 Inventories - 2,238,149 2,238,149 Other receivables 303 (32 ) 271 Total current assets 545,092 1,718,741 2,263,833 NON-CURRENT ASSETS Property and equipment, net 2,307 - 2,307 Total non-current assets 2,307 - 2,307 TOTAL ASSETS $ 547,399 $ 1,718,741 $ 2,266,140 LIABILITIES AND STOCKHOLDERS’ EQUITY CURRENT LIABILITIES Account payable $ - $ 1,708,736 $ 1,708,736 Accrued expenses 40,849 (28,264 ) 12,585 Due to related parties 1,193 - 1,193 Deferred revenues 246,051 34,914 280,965 Total current liabilities 288,093 1,715,386 2,003,479 TOTAL LIABILITIES 288,093 1,715,386 2,003,479 STOCKHOLDERS’ EQUITY Common stock: $0.001 par value, authorized: 375,000,000 shares. 318,400,000 and 31,000,000 shares issued and outstanding as of September 30, 2020 and March 31, 2020, respectively 31,000 287,400 318,400 Additional paid-in-capital 89,445 - 89,445 Share to be issued 296,245 (296,245 ) - Accumulated deficit (157,289 ) 3,812 (153,477 ) Accumulated other comprehensive income (95 ) 8,388 8,293 Total stockholders’ equity 259,306 3,355 262,661 TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 547,399 $ 1,718,741 $ 2,266,140
Schedule of Consolidated Statements of Operations and Comprehensive Incomes	As Originally Filed Effect of Restatement Restated Operating expenses General and administrative expenses $ 36,850 $ (3,812 ) $ 33,038 Total operating expenses 36,850 (3,812 ) 33,038 Loss from operations (36,850 ) 3,812 (33,038 ) Loss before provision for income taxes (36,850 ) 3,812 (33,038 ) Income tax provision - - - Net loss $ (36,850 ) $ 3,812 $ (33,038 ) Comprehensive income Net loss $ (36,850 ) $ 3,812 $ (33,038 ) Other comprehensive income Foreign currency translation adjustment (95 ) 8,388 8,293 Total comprehensive loss $ (36,945 ) $ 12,200 $ (24,745 ) Loss per common stock, basic and diluted $ (0.00 ) $ (0.00 ) $ (0.00 ) Weighted-average shares outstanding, basic and diluted 31,000,000 41,189,350 72,189,350 As Originally Filed Effect of Restatement Restated Operating expenses General and administrative expenses $ 39,850 $ (3,812 ) $ 36,038 Total operating expenses 39,850 (3,812 ) 36,038 Loss from operations (39,850 ) 3,812 (36,038 ) Loss before provision for income taxes (39,850 ) 3,812 (36,038 ) Income tax provision - - - Net loss $ (39,850 ) $ 3,812 $ (36,038 ) Comprehensive income Net loss $ (39,850 ) $ 3,812 $ (36,038 ) Other comprehensive income Foreign currency translation adjustment (95 ) 8,388 8,293 Total comprehensive loss $ (39,945 ) $ 12,200 $ (24,745 ) Loss per common stock, basic and diluted $ (0.00 ) $ - $ (0.00 ) Weighted-average shares outstanding, basic and diluted 31,000,000 20,707,214 51,707,214
Schedule of Consolidated Cash Flow statements	As Originally Filed Effect of Restatement Restated CASH FLOWS FROM OPERATING ACTIVITIES: Net loss $ (39,850 ) $ 3,812 $ (36,038 ) Adjustments to reconcile net loss to net cash used in operating activities: Forgiveness of related party payable 60,945 (60,945 ) - Changes in operating assets and liabilities: Prepaid expenses (543,127 ) 528,394 (14,733 ) Inventories - (2,196,302 ) (2,196,302 ) Other receivables (45 ) (221 ) (266 ) Account payables - 1,676,787 1,676,787 Accrued expenses 40,743 (28,337 ) 12,406 Deferred revenues 245,366 30,533 275,899 Net cash used in operating activities (235,968 ) (46,279 ) (282,247 ) CASH FLOWS FROM INVESTING ACTIVITIES: Purchase of property and equipment (2,300 ) 36 (2,264 ) Net cash used in investing activities: ( ) 36 ( ) CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from shares to be issued 296,245 (296,245 ) - Proceeds from sales of stock - 287,400 287,400 Advance from related party 1,193 - 1,193 Repayment to related party (63,245 ) 60,945 (2,300 ) Net cash provided by financing activities 234,193 52,100 286,293 EFFECT OF EXCHANGE RATE CHANGE IN CASH AND CASH EQUIVALENTS (832 ) 4,143 3,311 NET INCREASE IN CASH AND CASH EQUIVALENTS (4,907 ) 10,000 5,093 CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD 5,306 - 5,306 CASH AND CASH EQUIVALENTS - END OF PERIOD $ 399 $ 10,000 $ 10,399 NON-CASH INVESTING AND FINANCING TRANSACTION Forgiveness of related party payable $ - $ 60,945 $ 60,945 SUPPLEMENTAL CASH FLOW INFORMATION: Cash paid for interest $ - $ - $ - Cash paid for income taxes $ - $ - $ -

BACKGROUND INFORMATION (Details

BACKGROUND INFORMATION (Details Narrative) - Wenjin Li [Member] - USD ($)	1 Months Ended	3 Months Ended
	May 28, 2020	Jun. 30, 2020	Jul. 23, 2020
Ownership percentage	95.00%	95.00%	100.00%
Transfer of common stock	29,500,000	29,500,000
Cash consideration	$ 45,000	$ 225,000

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - HKD [Member]	6 Months Ended
	Sep. 30, 2020$ / shares
Foreign currency exchange translation	$ 1
Exchange rate	7.80

INVENTORIES (Details)

INVENTORIES (Details) - USD ($)	Sep. 30, 2020	Mar. 31, 2020
INVENTORIES
Mining machines	$ 2,238,149	$ 0
Total Inventories	$ 2,238,149	$ 0

SHAREHOLDERS' EQUITY (DEFICIT)

SHAREHOLDERS' EQUITY (DEFICIT) (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended		6 Months Ended
	Oct. 31, 2020	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Jun. 12, 2020	Mar. 31, 2020
SHAREHOLDERS' EQUITY (DEFICIT)
Common stock, shares issued		318,400,000		318,400,000			31,000,000
Common Stock, Shares Authorized		375,000,000		375,000,000		375,000,000	375,000,000
Common stock shares outstanding		318,400,000		318,400,000			31,000,000
Remaining shares issued	6,100,000
Purchase shares common stock				287,400,000
Registered shares	287,400,000
Proceeds from issuance of common stock				$ 287,400	$ 30,000
Issuance of shares, shares				293,500,000
Issuance of shares, amount		$ 287,400	$ 30,000	$ 293,500
Due to related party							$ 59,500

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($)	Sep. 30, 2020	Mar. 31, 2020
Amount due to related parties	$ 1,193	$ 63,245
Hamza Abid [Member]
Amount due to related parties	0	63,245
Wenjin Li [Member]
Amount due to related parties	$ 1,193	$ 0

RELATED PARTY TRANSACTIONS (D_2

RELATED PARTY TRANSACTIONS (Details 1) - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020
Issuance of shares, amount	$ 287,400	$ 30,000	$ 293,500
Issuance of shares, shares			293,500,000
X Capital Investment Pte Ltd. [Member]
Issuance of shares, amount			$ 42,000
Issuance of shares, shares			42,000,000
Greating Future Info & Tech Co. Ltd. [Member]
Issuance of shares, amount			$ 75,000
Issuance of shares, shares			75,000,000
Ants Investment Management Pte Ltd. [Member]
Issuance of shares, amount			$ 130,490
Issuance of shares, shares			130,489,600

RELATED PARTY TRANSACTIONS (D_3

RELATED PARTY TRANSACTIONS (Details Narrative) - Hamza Abid [Member]	6 Months Ended
	Sep. 30, 2020USD ($)
Advance from related parties	$ 2,300
Remaining balance, forgiven	$ 60,945

RESTATEMENT OF PREVIOUSLY ISS_3

RESTATEMENT OF PREVIOUSLY ISSUED UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS (Details) - USD ($)	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019
Cash and cash equivalents	$ 10,399		$ 5,306
Prepaid expenses	15,014		0
Inventories	2,238,149		0
Other receivables	271		0
Total current assets	2,263,833		5,306
Property and equipment, net	2,307		0
Total non-current assets	2,307		0
TOTAL ASSETS	2,266,140		5,306
Account payables	1,708,736		0
Accrued expenses	12,585		0
Due to related parties	1,193		63,245
Deferred revenues	280,965		0
Total current liabilities	2,003,479		63,245
TOTAL LIABILITIES	2,003,479		63,245
Common stock	318,400		31,000
Additional paid-in capital	89,445		28,500
Accumulated deficit	(153,477)		(117,439)
Accumulated other comprehensive income	8,293		0
Total stockholders' equity	262,661	$ 6	(57,939)	$ (2,687)	$ (1,076)	$ 2,394
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	2,266,140		$ 5,306
Restated [Member]
Cash and cash equivalents	10,399
Prepaid expenses	15,014
Inventories	2,238,149
Other receivables	271
Total current assets	2,263,833
Property and equipment, net	2,307
Total non-current assets	2,307
TOTAL ASSETS	2,266,140
Account payables	1,708,736
Accrued expenses	12,585
Due to related parties	1,193
Deferred revenues	280,965
Total current liabilities	2,003,479
TOTAL LIABILITIES	2,003,479
Common stock	318,400
Additional paid-in capital	89,445
Share to be issued	0
Accumulated deficit	(153,477)
Accumulated other comprehensive income	8,293
Total stockholders' equity	262,661
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	2,266,140
As Originally Filed [Member]
Cash and cash equivalents	399
Prepaid expenses	544,390
Inventories	0
Other receivables	303
Total current assets	545,092
Property and equipment, net	2,307
Total non-current assets	2,307
TOTAL ASSETS	547,399
Account payables	0
Accrued expenses	40,849
Due to related parties	1,193
Deferred revenues	246,051
Total current liabilities	288,093
TOTAL LIABILITIES	288,093
Common stock	31,000
Additional paid-in capital	89,445
Share to be issued	296,245
Accumulated deficit	(157,289)
Accumulated other comprehensive income	(95)
Total stockholders' equity	259,306
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	547,399
Effect of Restatement [Member]
Cash and cash equivalents	10,000
Prepaid expenses	(529,376)
Inventories	2,238,149
Other receivables	(32)
Total current assets	1,718,741
Property and equipment, net	0
Total non-current assets	0
TOTAL ASSETS	1,718,741
Account payables	1,708,736
Accrued expenses	(28,264)
Due to related parties	0
Deferred revenues	34,914
Total current liabilities	1,715,386
TOTAL LIABILITIES	1,715,386
Common stock	287,400
Additional paid-in capital	0
Share to be issued	(296,245)
Accumulated deficit	3,812
Accumulated other comprehensive income	8,388
Total stockholders' equity	3,355
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,718,741

RESTATEMENT OF PREVIOUSLY ISS_4

RESTATEMENT OF PREVIOUSLY ISSUED UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS (Details 1) - USD ($)	3 Months Ended				6 Months Ended
	Sep. 30, 2020	Jun. 30, 2020	Sep. 30, 2019	Jun. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
General and administrative expense	$ 33,038		$ 31,611		$ 36,038	$ 35,081
Total operating expenses	33,038		31,611		36,038	35,081
Loss from operations	(33,038)		(31,611)		(36,038)	(35,081)
Loss before provision for income taxes	(33,038)		(31,611)		(36,038)	(35,081)
Income tax provision	0		0		0	0
Net loss	(33,038)	$ (3,000)	(31,611)	$ (3,470)	(36,038)	(35,081)
Foreign currency translation adjustment	8,293		0		8,293	0
Total comprehensive loss	$ (24,745)		$ (31,611)		$ (27,745)	$ (35,081)
Loss per common stock, basic and diluted	$ 0		$ 0		$ 0	$ 0
Weighted-average shares outstanding, basic and diluted	72,189,350		31,000,000		51,707,214	31,000,000
Restated [Member]
General and administrative expense	$ 33,038				$ 36,038
Total operating expenses	33,038				36,038
Loss from operations	(33,038)				(36,038)
Loss before provision for income taxes	(33,038)				(36,038)
Income tax provision	0				0
Net loss	(33,038)				(36,038)
Comprehensive income, net loss	(33,038)				(36,038)
Foreign currency translation adjustment	8,293				8,293
Total comprehensive loss	$ (24,745)				$ (24,745)
Loss per common stock, basic and diluted	$ 0				$ 0
Weighted-average shares outstanding, basic and diluted	72,189,350				51,707,214
As Originally Filed [Member]
General and administrative expense	$ 36,850				$ 39,850
Total operating expenses	36,850				39,850
Loss from operations	(36,850)				(39,850)
Loss before provision for income taxes	(36,850)				(39,850)
Income tax provision	0				0
Net loss	(36,850)				(39,850)
Comprehensive income, net loss	(36,850)				(39,850)
Foreign currency translation adjustment	(95)				(95)
Total comprehensive loss	$ (36,945)				$ (39,945)
Loss per common stock, basic and diluted	$ 0				$ 0
Weighted-average shares outstanding, basic and diluted	31,000,000				31,000,000
Effect of Restatement [Member]
General and administrative expense	$ 3,812				$ 3,812
Total operating expenses	3,812				3,812
Loss from operations	3,812				3,812
Loss before provision for income taxes	3,812				3,812
Income tax provision	0				0
Net loss	3,812				3,812
Comprehensive income, net loss	3,812				3,812
Foreign currency translation adjustment	8,388				8,388
Total comprehensive loss	$ 12,200				$ 12,200
Loss per common stock, basic and diluted	$ 0				$ 0
Weighted-average shares outstanding, basic and diluted	41,189,350				20,707,214

RESTATEMENT OF PREVIOUSLY ISS_5

RESTATEMENT OF PREVIOUSLY ISSUED UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS (Details 2) - USD ($)	3 Months Ended				6 Months Ended
	Sep. 30, 2020	Jun. 30, 2020	Sep. 30, 2019	Jun. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Net loss	$ (33,038)	$ (3,000)	$ (31,611)	$ (3,470)	$ (36,038)	$ (35,081)
Adjustments to reconcile net loss to net cash used in operating activities:
Forgiveness of related party payable		60,945
Prepaid expenses					(14,733)	2,750
Inventories					(2,196,302)
Other receivables					(266)	0
Account payables					1,676,787	0
Accrued expenses					12,406	0
Deferred revenue					275,899	0
Net cash used in operating activities					(282,247)	(32,331)
Purchase of property and equipment					(2,264)	0
Net cash used in investing activities:					(2,264)	0
Proceeds from sale of stock					287,400	30,000
Advance from related party					1,193	4,107
Repayment to related party					(2,300)	0
Net cash provided by financing activities					286,293	34,107
EFFECT OF EXCHANGE RATE CHANGE IN CASH AND CASH EQUIVALENTS					3,311	0
NET INCREASE IN CASH AND CASH EQUIVALENTS					5,093	1,776
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD		5,306		$ 1,232	5,306	1,232
CASH AND CASH EQUIVALENTS - END OF PERIOD	10,399		$ 3,008		10,399	3,008
Cash paid for interest					0	0
Cash paid for income taxes					0	$ 0
Restated [Member]
Net loss	(33,038)				(36,038)
Adjustments to reconcile net loss to net cash used in operating activities:
Forgiveness of related party payable					0
Prepaid expenses					(14,733)
Inventories					(2,196,302)
Other receivables					(66)
Account payables					1,676,787
Accrued expenses					12,406
Deferred revenue					275,899
Net cash used in operating activities					(282,247)
Net cash used in investing activities:					(2,264)
Proceeds from shares to be issued					0
Proceeds from sale of stock					287,400
Advance from related party					1,193
Net cash provided by financing activities					286,293
EFFECT OF EXCHANGE RATE CHANGE IN CASH AND CASH EQUIVALENTS					3,311
NET INCREASE IN CASH AND CASH EQUIVALENTS					5,093
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD		5,306			5,306
CASH AND CASH EQUIVALENTS - END OF PERIOD	10,399				10,399
Cash paid for interest					0
Cash paid for income taxes					0
Purchase of property and equipment					(2,264)
Repayment to related party					(2,300)
As Originally Filed [Member]
Net loss	(36,850)				(39,850)
Adjustments to reconcile net loss to net cash used in operating activities:
Forgiveness of related party payable					60,945
Prepaid expenses					(543,127)
Inventories					0
Other receivables					(45)
Account payables					0
Accrued expenses					40,743
Deferred revenue					245,366
Net cash used in operating activities					(235,968)
Purchase of property and equipment					(2,300)
Net cash used in investing activities:					(2,300)
Proceeds from shares to be issued					296,245
Proceeds from sale of stock					0
Advance from related party					1,193
Repayment to related party					(63,245)
Net cash provided by financing activities					234,193
EFFECT OF EXCHANGE RATE CHANGE IN CASH AND CASH EQUIVALENTS					(832)
NET INCREASE IN CASH AND CASH EQUIVALENTS					(4,907)
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD		5,306			5,306
CASH AND CASH EQUIVALENTS - END OF PERIOD	399				399
Cash paid for interest					0
Cash paid for income taxes					0
Effect of Restatement [Member]
Net loss	3,812				3,812
Adjustments to reconcile net loss to net cash used in operating activities:
Forgiveness of related party payable					(60,945)
Prepaid expenses					528,394
Inventories					(2,196,302)
Other receivables					(21)
Account payables					1,676,787
Accrued expenses					(28,337)
Deferred revenue					30,533
Net cash used in operating activities					(46,279)
Net cash used in investing activities:					36
Proceeds from shares to be issued					(296,245)
Proceeds from sale of stock					287,400
Advance from related party					0
Net cash provided by financing activities					52,100
EFFECT OF EXCHANGE RATE CHANGE IN CASH AND CASH EQUIVALENTS					4,143
NET INCREASE IN CASH AND CASH EQUIVALENTS					10,000
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD		$ 0			0
CASH AND CASH EQUIVALENTS - END OF PERIOD	$ 10,000				10,000
Cash paid for interest					0
Cash paid for income taxes					0
Purchase of property and equipment					36
Repayment to related party					$ 60,945