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v3.20.1

OTHER ASSETS (Tables) | 9 Months Ended
--- | ---
Mar. 31, 2020
Other Assets [Abstract] |
Other assets |
|  | Mar. 31, 2020 (Unaudited) |  |  | June 30, 2019 |
Down payment for purchase of investment properties * |  | $ | 1,645 |  |  | $ | 1,645 |
Down payment for purchase of property, plant and equipment |  |  | - |  |  |  | 100 |
Deposits for rental and utilities |  |  | 168 |  |  |  | 169 |
Currency translation effect |  |  | (218 | ) |  |  | (164 | )
Total |  | $ | 1,595 |  |  | $ | 1,750 |
*Down payment for purchase of investment properties included:
|  | RMB |  |  | U.S. Dollars |
Original Investment (10% of Junzhou equity) |  | $ | 10,000 |  |  | $ | 1,606 |
Less: Management Fee |  |  | (5,000 | ) |  |  | (803 | )
Net Investment |  |  | 5,000 |  |  |  | 803 |
Less: Share of loss on Joint Venture |  |  | (137 | ) |  |  | (22 | )
Net Investment as down payment (Note *a) |  |  | 4,863 |  |  |  | 781 |
Loans Receivable |  |  | 5,000 |  |  |  | 814 |
Interest Receivable |  |  | 1,250 |  |  |  | 200 |
Less: Impairment of Interest |  |  | (906 | ) |  |  | (150 | )
Transferred to Down Payment (Note *b) |  |  | 5,344 |  |  |  | 864 |
* Down Payment for Purchase of Investment Properties |  |  | 10,207 |  |  |  | 1,645 |

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- Definition Tabular disclosure of the carrying amounts of other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
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