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Concentration of Credit Risk | 12 Months Ended
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Jun. 30, 2025
Concentration of Credit Risk [Abstract] |
CONCENTRATION OF CREDIT RISK |
| 21. | CONCENTRATION OF CREDIT RISK
Financial instruments that potentially expose the Group to concentrations of credit risk consist primarily of accounts receivable. The Group conducts credit evaluations of its customers, and generally does not require collateral or other security from them. The Group evaluates its collection experience and long outstanding balances to determine the need for an allowance for credit losses. The Group conducts periodic reviews of the financial condition and payment practices of its customers to minimize collection risk on accounts receivable. The following table sets forth a summary of single customers who represent 10% or more of the Group’s total revenues.
|  | For the years ended June 30, |
|  | 2025 |  |  | 2024 |  |  | 2023 |
Percentage of the Group’s total revenues |  |  |  |  |  |  |  |  |
Customer A |  |  | 46.27 | % |  |  | * |  |  |  | * |
Customer B |  |  | 32.76 | % |  |  | 96.77 | % |  |  | 12.84 | %
Customer C |  |  | 16.03 | % |  |  | * |  |  |  | * |
Customer D |  |  | * |  |  |  | * |  |  |  | 25.41 | %
Customer E |  |  | * |  |  |  | * |  |  |  | 19.76 | %
Customer F |  |  | * |  |  |  | * |  |  |  | 19.70 | %
Customer G |  |  | * |  |  |  | * |  |  |  | 15.34 | %
| * | represents percentage less than 10%
The following table sets forth a summary of single customers who represent 10% or more of the Group’s total accounts receivable:
|  | As of June 30, |
|  | 2025 |  |  | 2024 |
Percentage of the Group’s accounts receivable from |  |  |  |  |  |
Customer C |  |  | 73.98 | % |  |  | * |
Customer B |  |  | 22.65 | % |  |  | 95.64 | %
Customer F |  |  | * |  |  |  | * |
| * | represents percentage less than 10%
The following table sets forth a summary of single suppliers who represent 10% or more of the Group’s total purchase:
|  | For the years ended June 30, |
|  | 2025 |  |  | 2024 |  |  | 2023 |
Percentage of the Group’s total purchase |  |  |  |  |  |  |  |  |
Supplier A |  |  | 44.35 | % |  |  | * |  |  |  | * |
Supplier B |  |  | 15.35 | % |  |  | 51.61 | % |  |  | * |
Supplier C |  |  | 11.32 | % |  |  | * |  |  |  | * |
Supplier D |  |  | 10.30 | % |  |  | * |  |  |  | * |
Supplier E |  |  | * |  |  |  | 28.15 | % |  |  | * |
Supplier F |  |  | * |  |  |  | * |  |  |  | 51.40 | %
Supplier G |  |  | * |  |  |  | * |  |  |  | 10.68 | %
| * | represents percentage less than 10%
| ** | Supplier A and Customer B are the same party.
The following table sets forth a summary of single suppliers who represent 10% or more of the Group’s total accounts payable:
|  | As of June 30, |
|  | 2025 |  |  | 2024 |
Percentage of the Group’s accounts payable to |  |  |  |  |  |
Supplier C |  |  | 71.51 | % |  |  | * |
Supplier E |  |  | 10.90 | % |  |  | 13.56 | %
Supplier A |  |  | 10.68 | % |  |  | * |
Supplier H |  |  | * |  |  |  | 19.31 | %
Supplier I |  |  | * |  |  |  | 12.97 | %
Supplier J |  |  | * |  |  |  | 10.13 | %
| * | represents percentage less than 10%
| ** | Supplier A and Customer B are the same party.

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- Definition The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (d)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-21 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (d)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-21 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (c)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-21 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (c)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-21 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-21 Reference 6: http://www.xbrl.org/2003/role/exampleRef -Topic 275 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 3A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482836/275-10-55-3A Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 275 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482861/275-10-50-2A Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 275 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482861/275-10-50-1 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 275 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/275/tableOfContent + Details
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