$SVMB
Jingbo Technology, Inc. Stock $svmb

$svmb Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000149315224028593 Filed on July 22, 2024

Income Statement

Concept	2024 Q2	2023 Q2
Revenue	$308.5K	$1.180M
YoY Change	-73.86%
Cost Of Revenue	$512.3K	$1.128M
YoY Change	-54.57%
Gross Profit	-$203.8K	$52.40K
YoY Change	-488.88%
Gross Profit Margin	-66.04%	4.44%
Selling, General & Admin	$889.4K	$2.734M
YoY Change	-67.47%	28112.59%
% of Gross Profit		5217.18%
Research & Development	$81.47K	$69.20K
YoY Change	17.74%
% of Gross Profit		132.06%
Depreciation & Amortization	$193.7K	$167.6K
YoY Change	15.56%
% of Gross Profit		319.85%
Operating Expenses	$970.9K	$2.827M
YoY Change	-65.66%	29076.47%
Operating Profit	-$1.175M	-$2.775M
YoY Change	-57.67%	28535.71%
Interest Expense	-$27.90K	$200.00
YoY Change	-14050.0%
% of Operating Profit
Other Income/Expense, Net	-$29.95K	-$18.50K
YoY Change	61.86%
Pretax Income	-$1.205M	-$2.793M
YoY Change	-56.87%	28725.59%
Income Tax	$14.00	$200.00
% Of Pretax Income
Net Earnings	-$1.168M	-$2.466M
YoY Change	-52.65%	25350.98%
Net Earnings / Revenue	-378.46%	-208.98%
Basic Earnings Per Share	-$0.23	$0.00
Diluted Earnings Per Share	-$0.23	-$1.06
COMMON SHARES
Basic Shares Outstanding	5.315M shares	1.062B shares
Diluted Shares Outstanding	5.315M shares	1.062B shares

Balance Sheet

Concept	2024 Q2	2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$952.3K	$850.0K
YoY Change	12.03%
Cash & Equivalents	$609.3K	$483.7K
Short-Term Investments	$342.9K	$366.0K
Other Short-Term Assets	$1.505M	$1.322M
YoY Change	13.81%	3304900.0%
Inventory	$155.9K	$177.0K
Prepaid Expenses
Receivables	$502.8K	$409.4K
Other Receivables	$1.012M	$359.0K
Total Short-Term Assets	$4.127M	$3.118M
YoY Change	32.37%	8908460.0%
LONG-TERM ASSETS
Property, Plant & Equipment	$6.034M	$6.582M
YoY Change	-8.32%	-5.38%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$2.388M	$2.884M
YoY Change	-17.2%	-18.82%
Total Long-Term Assets	$8.502M	$9.759M
YoY Change	-12.88%
TOTAL ASSETS
Total Short-Term Assets	$4.127M	$3.118M
Total Long-Term Assets	$8.502M	$9.759M
Total Assets	$12.63M	$12.88M
YoY Change	-1.92%	36790288.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$909.0K	$775.3K
YoY Change	17.24%	9591.16%
Accrued Expenses	$483.0K	$536.0K
YoY Change	-9.89%
Deferred Revenue
YoY Change
Short-Term Debt	$1.381M
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$30.46M	$3.902M
YoY Change	680.56%	48670.19%
LONG-TERM LIABILITIES
Long-Term Debt	$1.933M	$32.74M
YoY Change	-94.09%
Other Long-Term Liabilities	$15.40K	$122.0K
YoY Change	-87.38%
Total Long-Term Liabilities	$1.949M	$32.86M
YoY Change	-94.07%
TOTAL LIABILITIES
Total Short-Term Liabilities	$30.46M	$3.902M
Total Long-Term Liabilities	$1.949M	$32.86M
Total Liabilities	$32.41M	$36.76M
YoY Change	-11.85%	459453.51%
SHAREHOLDERS EQUITY
Retained Earnings	-$30.48M	-$32.75M
YoY Change	-6.94%	12467.67%
Common Stock	$9.536M	$9.536M
YoY Change	0.0%	3674.72%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$18.70M	-$22.87M
YoY Change
Total Liabilities & Shareholders Equity	$12.63M	$12.88M
YoY Change	-1.92%	36790288.57%

Cashflow Statement

Concept	2024 Q2	2023 Q2
OPERATING ACTIVITIES
Net Income	-$1.168M	-$2.466M
YoY Change	-52.65%	25350.98%
Depreciation, Depletion And Amortization	$193.7K	$167.6K
YoY Change	15.56%
Cash From Operating Activities	$471.9K	$129.9K
YoY Change	263.29%	-2399.12%
INVESTING ACTIVITIES
Capital Expenditures	$263.9K	$2.454M
YoY Change	-89.24%
Acquisitions
YoY Change
Other Investing Activities	$92.76K	$2.433M
YoY Change	-96.19%
Cash From Investing Activities	-$171.2K	-$21.00K
YoY Change	715.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$171.6K	64.80K
YoY Change	164.87%	1088.99%
NET CHANGE
Cash From Operating Activities	$471.9K	129.9K
Cash From Investing Activities	-$171.2K	-21.00K
Cash From Financing Activities	$171.6K	64.80K
Net Change In Cash	$466.1K	173.7K
YoY Change	168.33%	-86950.0%
FREE CASH FLOW
Cash From Operating Activities	$471.9K	$129.9K
Capital Expenditures	$263.9K	$2.454M
Free Cash Flow	$208.0K	-$2.324M
YoY Change	-108.95%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2024Q2	dei	Entity Registrant Name EntityRegistrantName	Jingbo Technology, Inc.
CY2024Q2	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	NV
CY2024Q2	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	47-3240707
CY2024Q2	dei	Entity Address Address Line1 EntityAddressAddressLine1	Floor 1 to 6, No. 1 to 10
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CY2024Q2	dei	Entity Address Address Line3 EntityAddressAddressLine3	Yinhu Village
CY2024Q2	dei	Entity Address City Or Town EntityAddressCityOrTown	Shoujiang Town
CY2024Q2	dei	Entity Address Country EntityAddressCountry	CN
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CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-19778324	usd
CY2024Q2	us-gaap	Profit Loss ProfitLoss	-1204624	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	-1822734	usd
CY2024Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	194187	usd
CY2023Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	227077	usd
CY2024Q2	SVMB	Depreciation Of Rightofuse Assets DepreciationOfRightofuseAssets	18934	usd
CY2023Q2	SVMB	Depreciation Of Rightofuse Assets DepreciationOfRightofuseAssets	71644	usd
CY2023Q2	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	4680	usd
CY2023Q2	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-9511	usd
CY2024Q2	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	5355	usd
CY2023Q2	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-15191	usd
CY2024Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-47465	usd
CY2023Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	80815	usd
CY2024Q2	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-445810	usd
CY2023Q2	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-1529517	usd
CY2024Q2	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	-109306	usd
CY2023Q2	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	-102636	usd
CY2024Q2	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	866188	usd
CY2023Q2	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-114961	usd
CY2024Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	471911	usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-58254	usd
CY2024Q2	us-gaap	Payments To Acquire Machinery And Equipment PaymentsToAcquireMachineryAndEquipment	263943	usd
CY2023Q2	us-gaap	Payments To Acquire Machinery And Equipment PaymentsToAcquireMachineryAndEquipment	314134	usd
CY2024Q2	us-gaap	Payments To Fund Longterm Loans To Related Parties PaymentsToFundLongtermLoansToRelatedParties	1406	usd
CY2024Q2	us-gaap	Proceeds From Collection Of Longterm Loans To Related Parties ProceedsFromCollectionOfLongtermLoansToRelatedParties	94170	usd
CY2024Q2	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-171179	usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-314134	usd
CY2024Q2	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	171636	usd
CY2023Q2	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	513729	usd
CY2024Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	171636	usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	513729	usd
CY2024Q2	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	-6277	usd
CY2023Q2	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	-12713	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	466091	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	128628	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	148505	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	331073	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	614596	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	459701	usd
CY2024Q2	us-gaap	Income Taxes Paid IncomeTaxesPaid	14	usd
CY2023Q2	us-gaap	Income Taxes Paid IncomeTaxesPaid	185	usd
CY2024Q2	us-gaap	Interest Paid Net InterestPaidNet	27956	usd
CY2024Q2	us-gaap	Nature Of Operations NatureOfOperations	<p id="xdx_804_eus-gaap--NatureOfOperations_z8DViyNbfyil" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xc_008"></span>1. <span id="xdx_824_zWn8GaAyTdl9">Organization and Principal Activities</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On March 6, 2015, SavMobi Technology Inc. (“the Company”), was incorporated in the State of Nevada and established a fiscal year end of May 31. Initially the business platform was in providing application software to a global vendor platform to connect people to businesses and provide a new shopping experience.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On May 18, 2017, Lakwinder Singh Sidhu, the Company’s former Director and CEO, completed a transaction with New Reap Global Ltd., by which New Reap Global Ltd. acquired <span id="xdx_906_eus-gaap--BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued_c20170518__20170518__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--DirectorAndCEOMember__us-gaap--BusinessAcquisitionAxis__custom--NewReapGlobalLtdMember_zSiRS46v1jb" title="Acquisition of shares">32,500,000</span> shares of common stock, representing <span id="xdx_900_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_pid_dp_uPure_c20170518__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--DirectorAndCEOMember__us-gaap--BusinessAcquisitionAxis__custom--NewReapGlobalLtdMember_zLcOxwzZro6h" title="Ownership interest rate">68.4</span>% ownership of the Company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On March 19, 2018 New Reap Global transferred <span id="xdx_90A_ecustom--RestrictedSharesTransferred_c20180319__20180319__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--EngWahKungMember__us-gaap--BusinessAcquisitionAxis__custom--NewReapGlobalLtdMember_zvZbZTOV5ym2" title="Restricted shares transferred">250,000</span> restricted shares to Eng Wah Kung.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On May 10, 2018 and May 30, 2018, <span id="xdx_908_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_c20180510__20180510__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ArdenWealthAndTrustMember_zI0JF2aImUMk" title="Restricted shares transferred"><span id="xdx_90D_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_c20180530__20180530__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ArdenWealthAndTrustMember_z9blZRONBx6d" title="Restricted shares transferred">16,959,684</span></span> were transferred to Arden Wealth and Trust. <span id="xdx_90E_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_c20180510__20180510__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--HongLingShangMember_zdRsJy1dYVsj" title="Restricted shares transferred"><span id="xdx_901_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_c20180530__20180530__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--HongLingShangMember_zez9iQPi2JHh" title="Restricted shares transferred">2,000,000</span></span> shares are free trading from HongLing Shang, <span id="xdx_90A_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_c20180510__20180510__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--NewReapGlobalLtdMember_z023r5yxQ889" title="Restricted shares transferred"><span id="xdx_90D_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_c20180530__20180530__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--NewReapGlobalLtdMember_zqpSdJdeU8f2" title="Restricted shares transferred">559,684</span></span> restricted shares from New Reap Global, LTD and <span id="xdx_902_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_c20180510__20180510__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--XuedongZhangMember_zIkiMhG6Hqrh" title="Restricted shares transferred"><span id="xdx_90F_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_c20180530__20180530__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--XuedongZhangMember_z3RPsi8uNaie" title="Restricted shares transferred"><span id="xdx_900_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_c20180510__20180510__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--JingmeiJiangMember_zVhJA09wcAJg" title="Restricted shares transferred"><span id="xdx_902_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_c20180530__20180530__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--JingmeiJiangMember_zIG0uvMTwbGe" title="Restricted shares transferred"><span id="xdx_909_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_c20180510__20180510__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--QianxianMember_zfXguMGFNj46" title="Restricted shares transferred"><span id="xdx_909_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_c20180530__20180530__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--QianxianMember_zxvXLAmlyCm3" title="Restricted shares transferred"><span id="xdx_907_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_c20180510__20180510__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--YulanQiMember_zDaenzCpQ298" title="Restricted shares transferred"><span id="xdx_907_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_c20180530__20180530__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--YulanQiMember_zpWuUdHbjdEk" title="Restricted shares transferred"><span id="xdx_90F_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_c20180510__20180510__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--BaoxinSongMember_z5o3Rnj1ZAbi" title="Restricted shares transferred"><span id="xdx_908_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_c20180530__20180530__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--BaoxinSongMember_zGfFaZbQSdFb" title="Restricted shares transferred"><span id="xdx_900_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_c20180510__20180510__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--JianlongWuMember_zB7d9ncWjOw6" title="Restricted shares transferred"><span id="xdx_900_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_c20180530__20180530__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--JianlongWuMember_zlerJEEmt6H1" title="Restricted shares transferred">2,400,000</span></span></span></span></span></span></span></span></span></span></span></span> each from Xuedong Zhang, Jingmei Jiang, Qianxian, Yulan Qi, Baoxin Song, Jianlong Wu. On June 15, 2018 New Reap Global transferred <span id="xdx_90D_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_c20180615__20180615__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--EMRDGlobalHoldingsMember__us-gaap--BusinessAcquisitionAxis__custom--NewReapGlobalLtdMember_zC6Wzs3Z6dSk" title="Restricted shares transferred">690,316</span> restricted shares to EMRD Global Holdings.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On June 26, 2018 New Reap Global transferred <span id="xdx_908_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_c20180626__20180626__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--FortressAdvisorsLLCMember__us-gaap--BusinessAcquisitionAxis__custom--NewReapGlobalLtdMember_z1E2CUNKNYAj" title="Restricted shares transferred">3,000,000</span> restricted shares to FORTRESS ADVISORS, LLC and <span id="xdx_90B_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_c20180626__20180626__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--BaywallIncMember__us-gaap--BusinessAcquisitionAxis__custom--NewReapGlobalLtdMember_zbwqnY2BnAw4" title="Restricted shares transferred">3,000,000</span> to Baywall Inc.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_906_ecustom--StockPurchaseAgreementsDescription_c20201110__20201110__us-gaap--TypeOfArrangementAxis__custom--StockPurchaseAgreementsMember_z6ijxYfgEc7l" title="Stock purchase agreements description">On November 10, 2020, ten (10) shareholders of the Company, including affiliates Arden Wealth & Trust (Switzerland) AG and New Reap Global Limited, entered into stock purchase agreements with an aggregate of nineteen (19) non-U.S. accredited investors to sell an aggregate of 42,440,316 shares of common stock of the “Company, which represents approximately 68.6% of the issued and outstanding shares of common stock of the Company.</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On June 8, 2022, three (3) shareholders of the Company, including Ma Hongyu, Ye Caiyun, and Li Wenzhe entered into stock purchase agreements with an aggregate of five (5) non-U.S. accredited investors (the “Purchase Agreements”) to sell an aggregate of <span id="xdx_907_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_c20220608__20220608__us-gaap--TypeOfArrangementAxis__custom--StockPurchaseAgreementsMember_zp1oeLZLcOff" title="Sale of common stock shares">25,095,788</span> shares of common stock of the Company, which represents approximately <span id="xdx_904_ecustom--CommonStockIssuedAndOutstandingPercentage_iI_pid_dp_uPure_c20220608__us-gaap--TypeOfArrangementAxis__custom--StockPurchaseAgreementsMember_zOZhZL6LKoL4" title="Common stock issued and outstanding, percentage">40.54</span>% of the issued and outstanding shares of common stock of the Company, for consideration of $<span id="xdx_907_eus-gaap--SaleOfStockConsiderationReceivedOnTransaction_c20220608__20220608__us-gaap--TypeOfArrangementAxis__custom--StockPurchaseAgreementsMember_zEor4LrjZU8f" title="Common stock consideration">250,958</span>.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Purchase Agreements were fully executed and delivered on June 8, 2022. Zhang Yiping and Chen Xinxin acquired approximately <span id="xdx_907_ecustom--PercentageAcquiredIssuedAndOutstandingOnCommonStock_pid_dp_uPure_c20220608__20220608__us-gaap--TypeOfArrangementAxis__custom--PurchaseAgreementsMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ZhangYipingMember_zf8C7CoF5Mel" title="Acquired issued and outstanding, percentage">24.54</span>% and <span id="xdx_90B_ecustom--PercentageAcquiredIssuedAndOutstandingOnCommonStock_pid_dp_uPure_c20220608__20220608__us-gaap--TypeOfArrangementAxis__custom--PurchaseAgreementsMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ChenXinxinMember_z94EfuiH65vg" title="Acquired issued and outstanding, percentage">6.46</span>% of the issued and outstanding shares of the Company, respectively, and the remaining purchasers each acquired less than <span id="xdx_90F_ecustom--PercentageAcquiredIssuedAndOutstandingOnCommonStock_pid_dp_uPure_c20220608__20220608__us-gaap--TypeOfArrangementAxis__custom--PurchaseAgreementsMember__srt--RangeAxis__srt--MinimumMember_z8uSIuXCrSA6" title="Acquired issued and outstanding, percentage">4.99</span>% of the issued and outstanding shares. After the change of ownership, the Company’s current principal offices is located in Building B8, China Zhigu, Yinhu Street, Fuyang District, Hangzhou, Zhejiang, China.</span></p> <p id="xdx_896_ecustom--ScheduleOfShareAcquiredTableTextBlock_zpNmUSHymh95" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span><span id="xdx_8BD_zGOu5ws8w28" style="display: none">Schedule of Share Acquired by Purchases</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%; margin-left: 0.5in"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1.5pt solid">Purchasers</td><td> </td> <td colspan="2" id="xdx_48A_eus-gaap--StockIssuedDuringPeriodSharesAcquisitions_z9EF27M2iHul" style="border-bottom: Black 1.5pt solid; text-align: center">Shares acquired</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center">%</td><td> </td></tr> <tr id="xdx_41A_20220607__20220608__srt--TitleOfIndividualAxis__custom--ZhangYipingMember_zcmiz82HsKjk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Zhang Yiping</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">15,189,500</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_985_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_pid_dp_uPure_c20220608__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--ZhangYipingMember_za12uWnH6mbe" style="width: 14%; text-align: right" title="Ownership percentage of shares acquired">24.54</td><td style="width: 1%; text-align: left">%</td></tr> <tr id="xdx_41F_20220607__20220608__srt--TitleOfIndividualAxis__custom--ChenXinxinMember_z4tp5JSCaXVf" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Chen Xinxin</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,000,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_pid_dp_uPure_c20220608__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--ChenXinxinMember_zZ1mqI1p9VVj" style="text-align: right" title="Ownership percentage of shares acquired">6.46</td><td style="text-align: left">%</td></tr> <tr id="xdx_419_20220607__20220608__srt--TitleOfIndividualAxis__custom--WangYanfangMember_zQmsEVXmF46d" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Wang Yanfang</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,000,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_pid_dp_uPure_c20220608__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--WangYanfangMember_zgJMiCw5DFeh" style="text-align: right" title="Ownership percentage of shares acquired">3.23</td><td style="text-align: left">%</td></tr> <tr id="xdx_41F_20220607__20220608__srt--TitleOfIndividualAxis__custom--LiuChenMember_zLXQml4eogsf" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Liu Chen</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,000,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_pid_dp_uPure_c20220608__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--LiuChenMember_zafgiZ6iQHl" style="text-align: right" title="Ownership percentage of shares acquired">3.23</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Liu Ying</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--StockIssuedDuringPeriodSharesAcquisitions_c20220607__20220608__srt--TitleOfIndividualAxis__custom--LiuYingMember_z1bi5MLybEZd" style="text-align: right" title="Shares acquired">1,906,288</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_pid_dp_uPure_c20220608__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--LiuYingMember_zV4VkBcU3Pk3" style="text-align: right" title="Ownership percentage of shares acquired">3.08</td><td style="text-align: left">%</td></tr> </table> <p id="xdx_8A9_zkSC3VdsA3k" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On December 15, 2022, the Company entered into a share exchange agreement (the “Share Exchange Agreement”) with Intellegence Parking Group Limited (“Intellegence”), a Cayman Island company formed on June 29, 2022, Chen Xinxin (“Xinxin”), the officer and director, and control shareholder of Intelligence and the shareholders of Intelligence (the “Shareholders”). Under the Share Exchange Agreement, One Hundred Percent (<span id="xdx_900_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_pid_dp_uPure_c20221215__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--IntellegenceParkingGroupLimitedMember_zp3dkFlfJFE" title="Equity method investment, ownership percentage">100</span>%) of the ownership interest of Intellegence was exchanged for <span id="xdx_904_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20221215__20221215__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--IntellegenceParkingGroupLimitedMember_zvkGkZuPEF28" title="Number of shares issued">1,000,000,000</span> shares of common stock of the Company issued to the Shareholders, in accordance with the Share Exchange Agreement. The former stockholders of Intellegence will acquire a majority of the issued and outstanding common stock as a result of the share exchange transaction. The transaction has been accounted for as a recapitalization of the Company, whereby Intellegence is the accounting acquirer.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Immediately after completion of such share exchange, the Company will hold a total of <span id="xdx_90D_eus-gaap--CommonStockSharesIssued_iI_pid_c20221215__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--ZhangGuoweMember_zAhgIGq1kyG5" title="Common stock, shares, issued"><span id="xdx_903_eus-gaap--CommonStockSharesOutstanding_iI_pid_c20221215__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--ZhangGuoweMember_ze5Mq09t8RE" title="Common stock, shares outstanding">200,000,000</span></span> issued and outstanding shares of Intellegence. Zhang Guowei is the sole director of Intellegence Parking Group Limited.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Consequently, the Company has ceased to fall under the definition of shell company as define in Rule 12b-2 under the Exchange Act of 1934, as amended (the “Exchange Act”) and Intellegence is now a wholly owned subsidiary.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Intellegence Parking Group Limited (“Intellegence Parking”) was incorporated on June 29, 2022 under the laws of Cayman Islands. It is controlled by Guowei Zhang, Xiujuan Chen, Hongwei Li and Chuchu Zhang. Intellegence Parking is an investment holding company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Intellegence Parking (Hong Kong) Limited (“Intellegence HK”) was incorporated on July 20, 2022 under the laws of Hong Kong SAR. Intelligence HK is a wholly subsidiary of Intellegence Parking since incorporation and it is an investment holding company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Huixin Zhiying (Hangzhou) Technology Co. (“Huixin”) was incorporated on October 24, 2022 under the laws of PRC. It is a wholly owned subsidiary of Intellegence HK since incorporation and it is an investment holding company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant to the Business Operation Agreement entered into among Huixin WFOE and Zhejiang Jingbo Ecological Technology Co. between November 15 and 11, 2022, the Company obtained control over these PRC domestic companies by entering into a series of contractual arrangements with these PRC domestic companies and their respective nominee shareholders. These contractual agreements include power of attorney, exclusive option agreement, exclusive business cooperation agreements, equity pledge agreements, and other operating agreements. These contractual agreements can be extended at the relevant PRC subsidiaries’ options prior to the expiration date. As a result, the Company maintains the ability to control these PRC domestic companies, is entitled to substantially all of the economic benefits from these PRC domestic companies and is obligated to absorb all expected losses of these PRC domestic companies.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company consolidated its financial statements due to common control.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s major subsidiaries, VIEs and VIE’s subsidiaries are described as follows:</span></p> <p id="xdx_89C_ecustom--ScheduleOfEconomicBenefitsOwnershipPercentage_zUdE54HYBkZ7" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span><span id="xdx_8BB_z5WCy2VResxc" style="display: none">Schedule of Economic Benefits Ownership Percentage</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 92%; margin-left: 0.5in"> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td style="text-align: center">Country/Place and date of</td><td> </td> <td colspan="6" style="border-bottom: Black 1.5pt solid; text-align: center">Percentage of direct or indirect economic benefits ownership</td><td> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1.5pt solid; text-align: center">Companies</td><td> </td> <td style="border-bottom: Black 1.5pt solid; text-align: center"><p style="margin-top: 0; margin-bottom: 0"></p> <p style="margin-top: 0; margin-bottom: 0">incorporation/establishment</p></td><td> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center">May 31, 2024</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center">February 29, 2024</td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Major Subsidiaries</td><td> </td> <td style="text-align: justify"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 32%; text-align: justify">Intellegence Parking Group Limited</td><td style="width: 2%"> </td> <td style="width: 30%; text-align: justify">Cayman <span id="xdx_903_edei--EntityIncorporationDateOfIncorporation_c20240301__20240531__srt--OwnershipAxis__custom--IntellegenceParkingGroupLimitedMember_zx7yIMklUff4" title="Entity incorporation, date of incorporation">June 29, 2022</span></td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_981_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_dp_c20240531__srt--OwnershipAxis__custom--IntellegenceParkingGroupLimitedMember_zGK0khzfnl13" style="width: 14%; text-align: right" title="Percentage of direct or indirect economic benefits ownership">100</td><td style="width: 1%; text-align: left">%</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98D_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_dp_c20240229__srt--OwnershipAxis__custom--IntellegenceParkingGroupLimitedMember_zb6jiwD8JWLk" style="width: 14%; text-align: right" title="Percentage of direct or indirect economic benefits ownership">100</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Intellegence Parking (Hong Kong) Limited</td><td> </td> <td style="text-align: justify">Hong Kong <span id="xdx_909_edei--EntityIncorporationDateOfIncorporation_c20240301__20240531__srt--OwnershipAxis__custom--IntellegenceParkingHongKongLimitedMember_ze8ObdTMMI0c" title="Entity incorporation, date of incorporation">July 20, 2022</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_dp_c20240531__srt--OwnershipAxis__custom--IntellegenceParkingHongKongLimitedMember_zDkVE9fRtwP5" style="text-align: right" title="Percentage of direct or indirect economic benefits ownership">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_dp_c20240229__srt--OwnershipAxis__custom--IntellegenceParkingHongKongLimitedMember_zyHlIKCLnWhc" style="text-align: right" title="Percentage of direct or indirect economic benefits ownership">100</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Huixin Zhiying (Hangzhou) Technology Co.</td><td> </td> <td style="text-align: justify">PRC <span id="xdx_904_edei--EntityIncorporationDateOfIncorporation_c20240301__20240531__srt--OwnershipAxis__custom--HuixinZhiyingTechnologyMember_zqANDF6mMTX" title="Entity incorporation, date of incorporation">October 24, 2022</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_dp_c20240531__srt--OwnershipAxis__custom--HuixinZhiyingTechnologyMember_ztR0HZG0Vnbh" style="text-align: right" title="Percentage of direct or indirect economic benefits ownership">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_dp_c20240229__srt--OwnershipAxis__custom--HuixinZhiyingTechnologyMember_zT6PCRL0UcZ" style="text-align: right" title="Percentage of direct or indirect economic benefits ownership">100</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify"> </td><td> </td> <td style="text-align: justify"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Major VIEs (Including VIE’s Subsidiaries)</td><td> </td> <td style="text-align: justify"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Zhejiang Jingbo Ecological Technology Co.</td><td> </td> <td style="text-align: justify">PRC <span id="xdx_905_edei--EntityIncorporationDateOfIncorporation_c20240301__20240531__srt--OwnershipAxis__custom--ZhejiangJingboEcologicalTechnologyCoMember_z9XqkXZfdQKe" title="Entity incorporation, date of incorporation">December 18, 2019</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_dp_c20240531__srt--OwnershipAxis__custom--ZhejiangJingboEcologicalTechnologyCoMember_znJthHV7cPih" style="text-align: right" title="Percentage of direct or indirect economic benefits ownership">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_dp_c20240229__srt--OwnershipAxis__custom--ZhejiangJingboEcologicalTechnologyCoMember_z7mTs8Z5hMA2" style="text-align: right" title="Percentage of direct or indirect economic benefits ownership">100</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Hangzhou Zhuyi Technology Co.</td><td> </td> <td style="text-align: justify">PRC <span id="xdx_905_edei--EntityIncorporationDateOfIncorporation_c20240301__20240531__srt--OwnershipAxis__custom--HangzhouZhuyiTechnologyCoMember_z9YI0GfwLSYe" title="Entity incorporation, date of incorporation">November 13, 2017</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_dp_c20240531__srt--OwnershipAxis__custom--HangzhouZhuyiTechnologyCoMember_zhZb2sVtXYVe" style="text-align: right" title="Percentage of direct or indirect economic benefits ownership">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_dp_c20240229__srt--OwnershipAxis__custom--HangzhouZhuyiTechnologyCoMember_z0OaOKYmsyZe" style="text-align: right" title="Percentage of direct or indirect economic benefits ownership">100</td><td style="text-align: left">%</td></tr> </table> <p id="xdx_8AC_zn1VyWf5Tumj" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On March 8, 2023, the Company changed its name from Savmobi Technology, Inc. to Jingbo Technology, Inc. by filing a certificate of amendment with the Nevada Secretary of State. On February 8, 2024, Financial Industry Regulatory Authority (“FINRA”) announced the Company’s name change.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On February 28, 2024, the Company changed its fiscal year from May 31 to the last day of February</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On March 14, 2024, Leshan Zhuyi Qifeng Intelligent Technology Development Co. was incorporated under the laws of PRC which is <span id="xdx_906_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_pid_dp_uPure_c20240314__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--HangzhouZhuyiMember_zVH32Cugg0u9" title="Equity method investment, ownership percentage">65</span>% owned by Hangzhou Zhuyi. It mainly focuses on smart parking projects.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2024Q2	SVMB	Schedule Of Economic Benefits Ownership Percentage ScheduleOfEconomicBenefitsOwnershipPercentage	<p id="xdx_89C_ecustom--ScheduleOfEconomicBenefitsOwnershipPercentage_zUdE54HYBkZ7" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span><span id="xdx_8BB_z5WCy2VResxc" style="display: none">Schedule of Economic Benefits Ownership Percentage</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 92%; margin-left: 0.5in"> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td style="text-align: center">Country/Place and date of</td><td> </td> <td colspan="6" style="border-bottom: Black 1.5pt solid; text-align: center">Percentage of direct or indirect economic benefits ownership</td><td> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1.5pt solid; text-align: center">Companies</td><td> </td> <td style="border-bottom: Black 1.5pt solid; text-align: center"><p style="margin-top: 0; margin-bottom: 0"></p> <p style="margin-top: 0; margin-bottom: 0">incorporation/establishment</p></td><td> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center">May 31, 2024</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center">February 29, 2024</td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Major Subsidiaries</td><td> </td> <td style="text-align: justify"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 32%; text-align: justify">Intellegence Parking Group Limited</td><td style="width: 2%"> </td> <td style="width: 30%; text-align: justify">Cayman <span id="xdx_903_edei--EntityIncorporationDateOfIncorporation_c20240301__20240531__srt--OwnershipAxis__custom--IntellegenceParkingGroupLimitedMember_zx7yIMklUff4" title="Entity incorporation, date of incorporation">June 29, 2022</span></td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_981_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_dp_c20240531__srt--OwnershipAxis__custom--IntellegenceParkingGroupLimitedMember_zGK0khzfnl13" style="width: 14%; text-align: right" title="Percentage of direct or indirect economic benefits ownership">100</td><td style="width: 1%; text-align: left">%</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98D_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_dp_c20240229__srt--OwnershipAxis__custom--IntellegenceParkingGroupLimitedMember_zb6jiwD8JWLk" style="width: 14%; text-align: right" title="Percentage of direct or indirect economic benefits ownership">100</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Intellegence Parking (Hong Kong) Limited</td><td> </td> <td style="text-align: justify">Hong Kong <span id="xdx_909_edei--EntityIncorporationDateOfIncorporation_c20240301__20240531__srt--OwnershipAxis__custom--IntellegenceParkingHongKongLimitedMember_ze8ObdTMMI0c" title="Entity incorporation, date of incorporation">July 20, 2022</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_dp_c20240531__srt--OwnershipAxis__custom--IntellegenceParkingHongKongLimitedMember_zDkVE9fRtwP5" style="text-align: right" title="Percentage of direct or indirect economic benefits ownership">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_dp_c20240229__srt--OwnershipAxis__custom--IntellegenceParkingHongKongLimitedMember_zyHlIKCLnWhc" style="text-align: right" title="Percentage of direct or indirect economic benefits ownership">100</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Huixin Zhiying (Hangzhou) Technology Co.</td><td> </td> <td style="text-align: justify">PRC <span id="xdx_904_edei--EntityIncorporationDateOfIncorporation_c20240301__20240531__srt--OwnershipAxis__custom--HuixinZhiyingTechnologyMember_zqANDF6mMTX" title="Entity incorporation, date of incorporation">October 24, 2022</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_dp_c20240531__srt--OwnershipAxis__custom--HuixinZhiyingTechnologyMember_ztR0HZG0Vnbh" style="text-align: right" title="Percentage of direct or indirect economic benefits ownership">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_dp_c20240229__srt--OwnershipAxis__custom--HuixinZhiyingTechnologyMember_zT6PCRL0UcZ" style="text-align: right" title="Percentage of direct or indirect economic benefits ownership">100</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify"> </td><td> </td> <td style="text-align: justify"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Major VIEs (Including VIE’s Subsidiaries)</td><td> </td> <td style="text-align: justify"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Zhejiang Jingbo Ecological Technology Co.</td><td> </td> <td style="text-align: justify">PRC <span id="xdx_905_edei--EntityIncorporationDateOfIncorporation_c20240301__20240531__srt--OwnershipAxis__custom--ZhejiangJingboEcologicalTechnologyCoMember_z9XqkXZfdQKe" title="Entity incorporation, date of incorporation">December 18, 2019</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_dp_c20240531__srt--OwnershipAxis__custom--ZhejiangJingboEcologicalTechnologyCoMember_znJthHV7cPih" style="text-align: right" title="Percentage of direct or indirect economic benefits ownership">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_dp_c20240229__srt--OwnershipAxis__custom--ZhejiangJingboEcologicalTechnologyCoMember_z7mTs8Z5hMA2" style="text-align: right" title="Percentage of direct or indirect economic benefits ownership">100</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Hangzhou Zhuyi Technology Co.</td><td> </td> <td style="text-align: justify">PRC <span id="xdx_905_edei--EntityIncorporationDateOfIncorporation_c20240301__20240531__srt--OwnershipAxis__custom--HangzhouZhuyiTechnologyCoMember_z9YI0GfwLSYe" title="Entity incorporation, date of incorporation">November 13, 2017</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_dp_c20240531__srt--OwnershipAxis__custom--HangzhouZhuyiTechnologyCoMember_zhZb2sVtXYVe" style="text-align: right" title="Percentage of direct or indirect economic benefits ownership">100</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--MinorityInterestOwnershipPercentageByParent_iI_dp_c20240229__srt--OwnershipAxis__custom--HangzhouZhuyiTechnologyCoMember_z0OaOKYmsyZe" style="text-align: right" title="Percentage of direct or indirect economic benefits ownership">100</td><td style="text-align: left">%</td></tr> </table>
CY2024Q2	us-gaap	Profit Loss ProfitLoss	-1204624	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-19778324	usd
CY2024Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	471911	usd
CY2024	us-gaap	Profit Loss ProfitLoss	-5482077	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-18702180	usd
CY2024	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1833699	usd
CY2024Q2	SVMB	Prepayment Prepayment	625915	usd
CY2024Q1	SVMB	Prepayment Prepayment	421055	usd
CY2024Q2	us-gaap	Prepaid Rent PrepaidRent	426845	usd
CY2024Q1	us-gaap	Prepaid Rent PrepaidRent	429923	usd
CY2024Q2	us-gaap	Deposit Assets DepositAssets	342905	usd
CY2024Q1	us-gaap	Deposit Assets DepositAssets	344997	usd
CY2024Q2	us-gaap	Accounts Notes And Loans Receivable Net Current AccountsNotesAndLoansReceivableNetCurrent	986396	usd
CY2024Q1	us-gaap	Accounts Notes And Loans Receivable Net Current AccountsNotesAndLoansReceivableNetCurrent	1299420	usd
CY2024Q2	SVMB	Advances To Employees AdvancesToEmployees	144502	usd
CY2024Q1	SVMB	Advances To Employees AdvancesToEmployees	541590	usd
CY2024Q2	us-gaap	Other Assets OtherAssets	447710	usd
CY2024Q1	us-gaap	Other Assets OtherAssets	397190	usd
CY2024Q2	us-gaap	Prepaid Taxes PrepaidTaxes	6740	usd
CY2024Q1	us-gaap	Prepaid Taxes PrepaidTaxes	5310	usd
CY2024Q2	SVMB	Prepaid Expense And Other Assets Gross PrepaidExpenseAndOtherAssetsGross	2981013	usd
CY2024Q1	SVMB	Prepaid Expense And Other Assets Gross PrepaidExpenseAndOtherAssetsGross	3439485	usd
CY2024Q2	SVMB	Allowance For Doubtful Debt AllowanceForDoubtfulDebt	145615	usd
CY2024Q1	SVMB	Allowance For Doubtful Debt AllowanceForDoubtfulDebt	146491	usd
CY2024Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	2835398	usd
CY2024Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	3292994	usd
CY2024Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	8996081	usd
CY2024Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	8996081	usd
CY2024Q2	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	283545	usd
CY2024Q2	us-gaap	Property Plant And Equipment Disposals PropertyPlantAndEquipmentDisposals	19601	usd
CY2024Q2	us-gaap	Property Plant And Equipment Transfers And Changes PropertyPlantAndEquipmentTransfersAndChanges	-58398	usd
CY2024Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	9201627	usd
CY2024Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	9201627	usd
CY2024Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	2995255	usd
CY2024Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	2995255	usd
CY2024Q2	us-gaap	Depreciation Depreciation	193686	usd
CY2024Q2	SVMB	Effects Of Currency Translation EffectsOfCurrencyTranslation	-21288	usd
CY2024Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	3167653	usd
CY2024Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	3167653	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	6000826	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	6000826	usd
CY2024Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	6033974	usd
CY2024Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	6033974	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	28181	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	28181	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Foreign Currency Translation Gain Loss FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss	-168	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	28013	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	28013	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	14314	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	14314	usd
CY2024Q2	SVMB	Finitelived Intangible Assets Accumlated Depreciation FinitelivedIntangibleAssetsAccumlatedDepreciation	501	usd
CY2024Q2	SVMB	Finitelived Intangible Assets Accumulated Depreciation Effects Of Currency Translation FinitelivedIntangibleAssetsAccumulatedDepreciationEffectsOfCurrencyTranslation	-93	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	14722	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	14722	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	13867	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	13291	usd
CY2024Q1	SVMB	Operating Lease Right Of Use Asset Cost OperatingLeaseRightOfUseAssetCost	295874	usd
CY2024Q2	SVMB	Operating Lease Write Off Asset OperatingLeaseWriteOffAsset	-3282	usd
CY2024Q2	SVMB	Operating Lease Right Of Use Asset Cost Effects Of Currency Translation OperatingLeaseRightOfUseAssetCostEffectsOfCurrencyTranslation	-1712	usd
CY2024Q2	SVMB	Operating Lease Right Of Use Asset Cost OperatingLeaseRightOfUseAssetCost	290880	usd
CY2024Q1	SVMB	Operating Lease Right Of Use Asset Accumulated Depreciation OperatingLeaseRightOfUseAssetAccumulatedDepreciation	210333	usd
CY2024Q2	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	18934	usd
CY2024Q2	SVMB	Operating Lease Right Of Use Asset Amortization Write Off OperatingLeaseRightOfUseAssetAmortizationWriteOff	-3282	usd
CY2024Q2	SVMB	Operating Lease Right Of Use Asset Accumulated Depreciation Effects Of Currency Translation OperatingLeaseRightOfUseAssetAccumulatedDepreciationEffectsOfCurrencyTranslation	-1530	usd
CY2024Q2	SVMB	Operating Lease Right Of Use Asset Accumulated Depreciation OperatingLeaseRightOfUseAssetAccumulatedDepreciation	224455	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	85541	usd
CY2024Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	66425	usd
CY2024Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	338818	usd
CY2024Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	310753	usd
CY2024Q2	us-gaap	Deposit Liability Current DepositLiabilityCurrent	8825	usd
CY2024Q1	us-gaap	Deposit Liability Current DepositLiabilityCurrent	10319	usd
CY2024Q2	us-gaap	Loans Payable Current LoansPayableCurrent	671178	usd
CY2024Q1	us-gaap	Loans Payable Current LoansPayableCurrent	697446	usd
CY2024Q2	SVMB	Advanced To Employees Current AdvancedToEmployeesCurrent	84288	usd
CY2024Q1	SVMB	Advanced To Employees Current AdvancedToEmployeesCurrent	70902	usd
CY2024Q2	us-gaap	Customer Refund Liability Current CustomerRefundLiabilityCurrent	1933435	usd
CY2024Q1	us-gaap	Customer Refund Liability Current CustomerRefundLiabilityCurrent	972533	usd
CY2024Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	508458	usd
CY2024Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	402351	usd
CY2024Q2	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	3545002	usd
CY2024Q1	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	2464304	usd
CY2024Q1	us-gaap	Loans And Leases Receivable Related Parties LoansAndLeasesReceivableRelatedParties	110173	usd
CY2024Q2	us-gaap	Loans And Leases Receivable Related Parties Additions LoansAndLeasesReceivableRelatedPartiesAdditions	1406	usd
CY2024Q2	us-gaap	Loans And Leases Receivable Related Parties Proceeds LoansAndLeasesReceivableRelatedPartiesProceeds	94170	usd
CY2024Q2	us-gaap	Loans And Leases Receivable Related Parties Period Increase Decrease LoansAndLeasesReceivableRelatedPartiesPeriodIncreaseDecrease	1053	usd
CY2024Q2	us-gaap	Loans And Leases Receivable Related Parties LoansAndLeasesReceivableRelatedParties	18462	usd
CY2024Q1	SVMB	Fund Longterm Loans To Related Parties FundLongtermLoansToRelatedParties	23959944	usd
CY2024Q2	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	171636	usd
CY2024Q2	SVMB	Related Parties Exchange Rate Translation RelatedPartiesExchangeRateTranslation	-138884	usd
CY2024Q2	SVMB	Fund Longterm Loans To Related Parties FundLongtermLoansToRelatedParties	23992696	usd
CY2024Q2	us-gaap	Long Term Debt Description LongTermDebtDescription	Zhibo extended the above contracts to September 30, 2025 when they expired in 2022. Repayments and interest expenses are not required until September 30, 2024. Interest expenses calculated on an annual rate of 3% will be paid monthly from 1 October, 2024. Principle will be fully repaid upon maturity.
CY2023Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	234289035.38
CY2023Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	32952046	usd
CY2023Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	234289035.38
CY2023Q1	us-gaap	Debt Instrument Unamortized Discount Noncurrent DebtInstrumentUnamortizedDiscountNoncurrent	21318081.01
CY2023Q1	us-gaap	Debt Instrument Unamortized Premium Noncurrent DebtInstrumentUnamortizedPremiumNoncurrent	19814872.94
CY2023Q1	us-gaap	Long Term Debt LongTermDebt	232785827.31
CY2023Q1	us-gaap	Long Term Debt LongTermDebt	32740623	usd
CY2024Q2	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.25	pure
CY2024Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1204610	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1822734	usd
CY2024Q2	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-301153	usd
CY2023Q2	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-455684	usd
CY2024Q2	us-gaap	Income Tax Reconciliation Foreign Income Tax Rate Differential IncomeTaxReconciliationForeignIncomeTaxRateDifferential	1193	usd
CY2023Q2	us-gaap	Income Tax Reconciliation Foreign Income Tax Rate Differential IncomeTaxReconciliationForeignIncomeTaxRateDifferential	13674	usd
CY2024Q2	SVMB	Income Tax Reconciliation Income Tax Expense Benefit Deferred Tax Asset Not Recognized During Period IncomeTaxReconciliationIncomeTaxExpenseBenefitDeferredTaxAssetNotRecognizedDuringPeriod	299974	usd
CY2023Q2	SVMB	Income Tax Reconciliation Income Tax Expense Benefit Deferred Tax Asset Not Recognized During Period IncomeTaxReconciliationIncomeTaxExpenseBenefitDeferredTaxAssetNotRecognizedDuringPeriod	442010	usd
CY2024Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	14	usd
CY2024Q2	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	3272258	usd
CY2024Q1	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	3107917	usd
CY2024Q2	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts	50088	usd
CY2024Q1	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts	50389	usd
CY2024Q2	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	3322346	usd
CY2024Q1	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	3158306	usd
CY2024Q2	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	3322346	usd
CY2024Q1	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	3158306	usd
CY2024Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	66425	usd
CY2024Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	59867	usd
CY2024Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	15404	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	64665	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	82723	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	13029	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	16384	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	77694	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	99107	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	2423	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	3446	usd
CY2024Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	75271	usd
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	95661	usd
CY2024Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	59867	usd
CY2024Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	80165	usd
CY2024Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	15404	usd
CY2024Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	15496	usd
CY2024Q2	us-gaap	Long Term Debt LongTermDebt	1933435	usd
CY2024Q1	us-gaap	Long Term Debt LongTermDebt	2917599	usd
CY2024Q2	us-gaap	Long Term Debt LongTermDebt	1933435	usd
CY2024Q1	us-gaap	Long Term Debt LongTermDebt	2917599	usd
CY2024Q2	us-gaap	Minority Interest MinorityInterest	-1074754	usd
CY2024Q1	us-gaap	Minority Interest MinorityInterest	-1036253	usd
CY2024Q2	SVMB	Statutory Reserve Description StatutoryReserveDescription	Pursuant to the laws applicable to the PRC’s Foreign Investment Enterprises, the Company must make appropriations from after-tax profit to non-distributable reserve funds. Subject to certain cumulative limits, the general reserve requires annual appropriations of 10% of after-tax profits as determined under the PRC laws and regulations at each year-end until the balance reaches 50% of the PRC entity registered capital; the other reserve appropriations are at the Company’s discretion.
CY2024Q2	us-gaap	Debt Instrument Interest Rate Stated Percentage DebtInstrumentInterestRateStatedPercentage	0.0345	pure
CY2024Q2	us-gaap	Interest Expense Debt InterestExpenseDebt	752943	usd
CY2024Q2	us-gaap	Debt Instrument Interest Rate Stated Percentage DebtInstrumentInterestRateStatedPercentage	0.0345	pure
CY2024Q2	us-gaap	Debt Instrument Interest Rate Increase Decrease DebtInstrumentInterestRateIncreaseDecrease	0.10	pure
CY2024Q2	SVMB	Increase Decrease In Interest Expense IncreaseDecreaseInInterestExpense	75294	usd

Files In Submission

Name	View Source	Status
FilingSummary.xml	Edgar Link	unprocessable
0001493152-24-028593-index-headers.html	Edgar Link	pending
0001493152-24-028593-index.html	Edgar Link	pending
0001493152-24-028593.txt	Edgar Link	pending
0001493152-24-028593-xbrl.zip	Edgar Link	pending
chart_01.jpg	Edgar Link	pending
ex31-1.htm	Edgar Link	pending
ex31-2.htm	Edgar Link	pending
ex32-1.htm	Edgar Link	pending
ex32-2.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
form10-q.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
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form10-q_htm.xml	Edgar Link	completed
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report.css	Edgar Link	pending
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svmb-20240531.xsd	Edgar Link	pending
svmb-20240531_def.xml	Edgar Link	unprocessable
svmb-20240531_cal.xml	Edgar Link	unprocessable
svmb-20240531_lab.xml	Edgar Link	unprocessable
svmb-20240531_pre.xml	Edgar Link	unprocessable

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$SVMB
Jingbo Technology, Inc. Stock $svmb

2024 Q2 Form 10-Q Financial Statement

#000149315224028593 Filed on July 22, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SVMB Jingbo Technology, Inc. Stock $svmb

2024 Q2 Form 10-Q Financial Statement

#000149315224028593 Filed on July 22, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SVMB
Jingbo Technology, Inc. Stock $svmb