{"url_path":"/sec/lvpa/10-k/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-05-18","source_url":"https://www.sec.gov/Archives/edgar/data/831378/0001477932-26-003267-index.html","accession_number":"0001477932-26-003267","cik":"0000831378","ticker":"LVPA","issuer_name":"LVPAI GROUP Ltd","edgar_url":"https://www.sec.gov/Archives/edgar/data/831378/0001477932-26-003267-index.html","primary_entity_key":"0000831378","primary_entity_name":"LVPAI GROUP Ltd"},"word_count":905,"has_tables":true,"body_markdown":"lvpa_10k.htm\n0000831378false--01-31FY20260.00120000000800000080000000.001300000000100103103100103103100103103falsefalsefalsefalse02000008313782025-02-012026-01-310000831378lvpa:TopMember2026-01-310000831378us-gaap:SeriesAPreferredStockMember2020-04-270000831378lvpa:MsLingZhaoMember2025-01-310000831378lvpa:MrFuzhuYangMember2025-01-310000831378lvpa:MsLingZhaoMember2026-01-310000831378lvpa:MrFuzhuYangMember2026-01-310000831378lvpa:MrChenYuanhangMember2026-01-310000831378lvpa:MrChenYuanhangMember2025-01-310000831378us-gaap:RetainedEarningsMember2026-01-310000831378us-gaap:AdditionalPaidInCapitalMember2026-01-310000831378us-gaap:CommonStockMember2026-01-310000831378us-gaap:PreferredStockMember2026-01-310000831378us-gaap:RetainedEarningsMember2025-02-012026-01-310000831378us-gaap:AdditionalPaidInCapitalMember2025-02-012026-01-310000831378us-gaap:CommonStockMember2025-02-012026-01-310000831378us-gaap:PreferredStockMember2025-02-012026-01-310000831378us-gaap:RetainedEarningsMember2025-01-310000831378us-gaap:AdditionalPaidInCapitalMember2025-01-310000831378us-gaap:CommonStockMember2025-01-310000831378us-gaap:PreferredStockMember2025-01-310000831378us-gaap:RetainedEarningsMember2024-02-012025-01-310000831378us-gaap:AdditionalPaidInCapitalMember2024-02-012025-01-310000831378us-gaap:CommonStockMember2024-02-012025-01-310000831378us-gaap:PreferredStockMember2024-02-012025-01-3100008313782024-01-310000831378us-gaap:RetainedEarningsMember2024-01-310000831378us-gaap:AdditionalPaidInCapitalMember2024-01-310000831378us-gaap:CommonStockMember2024-01-310000831378us-gaap:PreferredStockMember2024-01-3100008313782024-02-012025-01-3100008313782025-01-3100008313782026-01-3100008313782026-05-18iso4217:USDxbrli:sharesiso4217:USDxbrli:shares\n\n  \n\n**UNITED STATES**\n\n**SECURITIES AND EXCHANGE COMMISSION**\n\n**Washington, D.C. 20549**\n\n \n\n**FORM 10-K**\n\n \n\n☒     **ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\n**For the fiscal year ended January 31, 2026**\n\n \n\n☐     **TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\nFor the transition period from ___________ to ___________\n\n \n\nCOMMISSION FILE NO. **033-20966**\n\n \n\n**LVPAI GROUP LIMITED**\n\n(Exact name of registrant as specified in its charter)\n\n \n\n**Nevada**\n\n(State or other jurisdiction of incorporation)\n\n \n\n**6770**\n\n(Primary Standard Industrial Classification Code Number)\n\n \n\n**76-0251547**\n\n(IRS Employer Identification No.)\n\n \n\n**50 West Liberty Street, Suite 880**\n\n**Reno, Nevada 89501**\n\n**Tel: (646) 768-8417**\n\n(Address and telephone number of registrant’s executive office)\n\n \n\nSecurities registered pursuant to Section 12(b) of the Act:\n\n \n\n**Title of each class**\n\n \n\n**Trading**\n\n**Symbol**\n\n \n\n**Name of each exchange**\n\n**on which registered**\n\nNone\n\n \n\nLVPA\n\n \n\nN/A\n\n \n\nSecurities registered pursuant to Section 12(g) of the Act: Common Stock\n\n \n\nIf securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. ☐\n\n \n\nIndicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐\n\n \n\nIndicate by check mark whether the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☐     No ☒\n\n \n\nIndicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐     No ☒\n\n \n\nIndicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for shorter period that the registrant as required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒     No ☐\n\n \n\nIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒     No ☐\n\n \n\nIndicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. Yes ☒     No ☐\n\n \n\nIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of “accelerated filer and large accelerated filer” in Rule 12b-2 of the Exchange Act. (Check one):\n\n \n\nLarge accelerated filer\n\n☐\n\nAccelerated filer\n\n☐\n\n \n\n \n\nNon-accelerated filer\n\n☒\n\nSmaller reporting company\n\n☒\n\nEmerging growth company\n\n☐\n\n \n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. YES ☐     NO ☐\n\n \n\nIndicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. ☐\n\n \n\nIndicate by checkmark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☒     No ☐\n\n \n\nThe aggregate market value of the voting and non-voting common equity held by non-affiliates of the registrant, as of May 18, 2026, was approximately $101,104,134 based on a closing price of $1.01 as of such date. Solely for purposes of this disclosure, shares of common stock held by executive officers, directors, and beneficial holders of 10% or more of the outstanding common stock of the registrant as of such date have been excluded because such persons may be deemed to be affiliates.\n\n \n\nAs of May 18, 2026, the registrant had 100,103,103 shares of common stock issued and outstanding.\n\n \n\n \n\n \n\n \n\n**TABLE OF CONTENTS**\n\n \n\n \n\n**PART I**\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n[Item 1](#i1)\n\n[Description of Business](#i1)\n\n \n\n3\n\n \n\n \n\n \n\n \n\n \n\n \n\n[Item 1A](#i1a)\n\n[Risk Factors](#i1a)\n\n \n\n6\n\n \n\n \n\n \n\n \n\n \n\n \n\n[Item 1B](#i1b)\n\n[Unresolved Staff Comments](#i1b)\n\n \n\n25\n\n \n\n \n\n \n\n \n\n \n\n \n\n[Item 2](#i2)\n\n[Properties](#i2)\n\n \n\n25\n\n \n\n \n\n \n\n \n\n \n\n \n\n[Item 3](#i3)\n\n[Legal Proceedings](#i3)\n\n \n\n25\n\n \n\n \n\n \n\n \n\n \n\n \n\n[Item 4](#i4)\n\n[Mine Safety Disclosures](#i4)\n\n \n\n25\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n**PART II**\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n[Item 5](#i5)\n\n[Market for Common Equity and Related Stockholder Matters](#i5)\n\n \n\n26\n\n \n\n \n\n \n\n \n\n \n\n \n\n[Item 6](#i6)\n\n[Selected Financial Data](#i6)\n\n \n\n26\n\n \n\n \n\n \n\n \n\n \n\n \n\n[Item 7](#i7)\n\n[Management’s Discussion and Analysis of Financial Condition and Results of Operations](#i7)\n\n \n\n27\n\n \n\n \n\n \n\n \n\n \n\n \n\n[Item 7A](#i7a)\n\n[Quantitative and Qualitative Disclosures About Market Risk](#i7a)\n\n \n\n28\n\n \n\n \n\n \n\n \n\n \n\n \n\n[Item 8](#i8)\n\n[Financial Statements and Supplementary Data](#i8)\n\n \n\n29\n\n \n\n \n\n \n\n \n\n \n\n \n\n[Item 9](#i9)\n\n[Changes in and Disagreements With Accountants on Accounting and Financial Disclosure](#i9)\n\n \n\n30\n\n \n\n \n\n \n\n \n\n \n\n \n\n[Item 9A](#i9a)\n\n[Controls and Procedures](#i9a)\n\n \n\n30\n\n \n\n \n\n \n\n \n\n \n\n \n\n[Item 9B](#i9b)\n\n[Other Information](#i9b)\n\n \n\n31\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n**PART III**\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n[Item 10](#i10)\n\n[Directors, Executive Officers, and Corporate Governance](#i10)\n\n \n\n32\n\n \n\n \n\n \n\n \n\n \n\n \n\n[Item 11](#i11)\n\n[Executive Compensation](#i11)\n\n \n\n33\n\n \n\n \n\n \n\n \n\n \n\n \n\n[Item 12](#i12)\n\n[Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters](#i12)\n\n \n\n34\n\n \n\n \n\n \n\n \n\n \n\n \n\n[Item 13](#i13)\n\n[Certain Relationships and Related Transactions, and Director Independence](#i13)\n\n \n\n34\n\n \n\n \n\n \n\n \n\n \n\n \n\n[Item 14](#i14)\n\n[Principal Accountant Fees and Services](#i14)\n\n \n\n34\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n**PART IV**\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n[Item 15](#i15)\n\n[Exhibits and Financial Statement Schedules](#i15)\n\n \n\n35\n\n \n\n \n\n \n\n2\n\n*Table of Contents*\n\n  \n\n**PART I**"}