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Short-Term Borrowings | 12 Months Ended
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Jun. 30, 2025
Short-Term Borrowings [Abstract] |
SHORT-TERM BORROWINGS |
| 10. | SHORT-TERM BORROWINGS
As of June 30, 2025 and 2024, the short-term bank borrowings were for working capital and capital expenditure purposes. Details of the short-term bank borrowings as of June 30, 2025 are summarized as follows:
Lender |  | Loan Term |  | Interest Rate |  | Guarantee |  | Pledged assets |  | Principal Amount (RMB) |
China Everbright Bank |  | 2025/1/24 |  | 2026/1/23 |  | 3.00% |  | Mr. Chao Gao |  | Accounts receivable owned or entitled to dispose of by law |  | 7,000,000 |
China Everbright Bank |  | 2024/8/14 |  | 2025/8/13 |  | 3.00% |  | Mr. Chao Gao |  | Accounts receivable owned or entitled to dispose of by law |  | 3,000,000 |
Bank of China |  | 2025/2/19 |  | 2026/2/11 |  | 3.05% |  | Mr. Chao Gao |  | Patents |  | 10,000,000 |
Shanghai Pudong Development Bank |  | 2025/4/16 |  | 2026/4/16 |  | 3.00% |  | Mr. Chao Gao |  | - |  | 6,000,000 |
Shanghai Pudong Development Bank |  | 2024/8/23 |  | 2025/8/23 |  | 3.30% |  | Mr. Chao Gao |  | - |  | 5,000,000 |
China Merchants Bank |  | 2025/4/29 |  | 2026/4/24 |  | 2.90% |  | Mr. Chao Gao |  | - |  | 6,000,000 |
China Merchants Bank |  | 2025/5/9 |  | 2026/4/24 |  | 2.90% |  | Mr. Chao Gao |  | - |  | 4,000,000 |
Bank of Jiangsu |  | 2024/9/30 |  | 2025/9/29 |  | 3.00% |  | Mr. Chao Gao |  | - |  | 8,000,000 |
Bank of Nanjing |  | 2024/12/4 |  | 2025/12/1 |  | 2.90% |  | Mr. Chao Gao |  | - |  | 5,000,000 |
Bank of Nanjing |  | 2025/1/14 |  | 2026/1/13 |  | 2.90% |  | Mr. Chao Gao |  | - |  | 3,000,000 |
Bank of Nanjing |  | 2025/6/4 |  | 2026/5/19 |  | 3.00% |  | Mr. Chao Gao |  | - |  | 1,000,000 |
Bank of Communications |  | 2025/3/21 |  | 2026/3/20 |  | 3.10% |  | Mr. Chao Gao |  | - |  | 6,000,000 |
Bank of Shanghai |  | 2025/6/13 |  | 2025/12/9 |  | 3.10% |  | Mr. Chao Gao |  | Accounts receivable owned or entitled to dispose of by law |  | 5,000,000 |
Total short-term borrowings |  |  |  |  |  |  |  |  |  |  |  | 69,000,000 |
Total short-term borrowings (US$) |  |  |  |  |  |  |  |  |  |  |  | 9,632,029 |
The short-term bank borrowings as of June 30, 2025 were primarily obtained from financial institutions with interest rates ranging from 2.90% to 3.30% per annum. The short-term bank loans as of June 30, 2024 were primarily obtained from financial institutions with interest rates ranging from 3.05% to 3.75% per annum US$2,233,514 (equivalent to RMB16,000,000) of the balance that were due as of the date the financial statement issued have been repaid by the Group subsequently. Interest expense was US$284,016, US$222,628 and US$91,890 of short-term bank borrowings for the years ended June 30, 2025, 2024 and 2023, respectively. The weighted average interest rates of short-term bank borrowings outstanding were 3.20% and 3.60% per annum as of June 30, 2025 and 2024, respectively.

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