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Loan Payables (Tables) | 12 Months Ended
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Jun. 30, 2024
Loan Payables [Abstract] |
Schedule of Loan Payables | As of June 30, 2024, the short-term and long-term loan payables consisted of five loans which mature on dates ranging from August 19, 2022 through June 13, 2027 with interest rates ranging from 3.65% to 5.00%. No. 1 to 3 below are collateralized by Tianjuyuan’s land use right and building ownership right. Loan No. 2 is also guaranteed by the cash deposit. No. 4 to 5 below are collateralized by Jinong’s land use right and building ownership right. No. 6 below is collateralized by Yuxing’s land use right and building ownership right.
No. |  |  | Payee |  | Loan period per agreement |  |  | Interest Rate |  |  | June 30, 2024 |
1 |  |  | Beijing Bank -Pinggu Branch |  | June 28, 2024-June 27, 2025 |  |  |  | 3.95 | % |  |  | 1,237,500 |
2 |  |  | Huaxia Bank -HuaiRou Branch |  | June 28, 2024-June 28, 2025 |  |  |  | 3.65 | % |  |  | 1,375,000 |
3 |  |  | Pinggu New Village Bank |  | June 28, 2024-June 27, 2025 |  |  |  | 5.00 | % |  |  | 962,500 |
4 |  |  | Industrial Bank Co. Ltd |  | August 19, 2022-August 18, 2024 |  |  |  | 3.98 | % |  |  | 935,000 |
5 |  |  | Industrial Bank Co. Ltd |  | October 7, 2023-October 6, 2024 |  |  |  | 3.70 | % |  |  | 2,750,000 |
6 |  |  | Chang’An Bank |  | June 14, 2024-June 13, 2027 |  |  |  | 4.00 | % |  |  | 2,062,500 |
|  |  | Total |  |  |  |  |  |  |  |  | $ | 9,322,500 |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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