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Commitments (Tables)
12 Months Ended
Jun. 30, 2024
Commitments [Abstract]  
Schedule of Quarterly Rent The quarterly rent is as follows:
Start Date   End Date   Rent expense  
        RMB     USD  
5/10/2023   8/9/2023     43,786     $ 6,060  
8/10/2023   11/9/2023     66,038       9,139  
11/10/2023   2/9/2024     66,038       9,139  
2/10/2024   5/9/2024     64,602       8,940  
5/10/2024   8/9/2024     66,038       9,139  
8/10/2024   11/9/2024     66,038       9,139  
11/10/2024   2/9/2025     66,038       9,139  
2/10/2025   5/9/2025     63,884     $ 8,841  

 

Schedule of Components of Lease Costs The Company adopted FASB ASC Topic 842 on July 1, 2019. The components of lease costs, lease term and discount rate with respect of the Company’s office lease and the senior officers’ dormitory lease with an initial term of more than 12 months are as follows:
   Year
Ended
June 30,
2024
   Year
Ended
June 30,
2023
 
Operating lease expense  $167,969   $620,696 
   June 30,
2024
   June 30,
2023
 
Right-of-use assets  $49,345   $137,856 
Lease liabilities - current   53,530    124,640 
Lease liabilities - noncurrent   
-
    26,449 
Weighted average remaining lease term   0.36 years    0.67 years 
Weighted average discount rate   6.25%   6.25%
Schedule of Maturities of the Operating Lease Liabilities The following is a schedule, by years, of maturities of the operating lease liabilities as of March 31, 2024:
12 Months Ending June 30,  Minimum
Lease
Payment
 
2025  $54,410 
Total undiscounted cash flows   54,410 
Less: imputed interest   880 
Present value of lease liabilities  $53,530