XML 31 R22.htm IDEA: XBRL DOCUMENT v3.25.1
Commitments and Contingencies
 6 Months Ended
Dec. 31, 2024
Commitments and Contingencies [Abstract]  
Commitments and contingencies
16.Commitments and contingencies

 

Lease Commitments

 

The total future minimum lease payments under the short-term lease and long-term operating leases with respect to the office as of December 31, 2024 are payable as follows:

 

    Payment due to schedule 
    Within
one year		    One to
three years		    Above
three years		    Total 
    US$    US$    US$    US$ 
Short-term office rental fees   47,518    11,879    
-
    59,397 
Long-term office rental fees   19,066    146,310    65,286    230,662 

 

Contingencies

 

In the ordinary course of business, the Group may be subject to legal proceedings regarding contractual and employment relationships and a variety of other matters. The Group records contingent liabilities resulting from such claims when a loss is assessed to be probable and the amount of the loss is reasonably estimable. In the opinion of management, there were no pending or threatened claims and litigation as of December 31, 2024 and through the issuance date of the unaudited condensed consolidated financial statements.