CONCENTRATIONS AND RISKS	3 Months Ended
Sep. 30, 2022
Risks and Uncertainties [Abstract]
CONCENTRATIONS AND RISKS	NOTE 17 - CONCENTRATIONS AND RISKS The Company maintains principally all bank accounts in the PRC. The cash balance held in the PRC bank accounts was US$24,237,908 and US$15,164,950 as of September 30, 2022 and June 30, 2022, respectively. During the three months ended September 30, 2022 and 2021 almost 100% of the Company’s assets were located in the PRC and 100% of the Company’s revenues were derived from its subsidiaries and VIEs located in the PRC. For the three months ended September 30, 2022, four customers accounted for approximately 80% of the Company’s total sales. At September 30, 2022, three customers accounted for approximately 71% of the Company’s accounts receivable. For the three months ended September 30, 2021, four customers accounted for approximately 76% of the Company’s total sales. For the three months ended September 30, 2022, one vendor accounted for approximately 94% of the Company’s total purchases. For the three months ended September 30, 2021, one vendor accounted for approximately 94% of the Company’s total purchases.

CONCENTRATIONS AND RISKS

3 Months Ended

Sep. 30, 2022

NOTE 17 - CONCENTRATIONS AND RISKS

The Company maintains principally all bank accounts in the PRC. The cash balance held in the PRC bank accounts was US$24,237,908 and US$15,164,950 as of September 30, 2022 and June 30, 2022, respectively.

During the three months ended September 30, 2022 and 2021 almost 100% of the Company’s assets were located in the PRC and 100% of the Company’s revenues were derived from its subsidiaries and VIEs located in the PRC.

For the three months ended September 30, 2022, four customers accounted for approximately 80% of the Company’s total sales. At September 30, 2022, three customers accounted for approximately 71% of the Company’s accounts receivable.

For the three months ended September 30, 2021, four customers accounted for approximately 76% of the Company’s total sales.

For the three months ended September 30, 2022, one vendor accounted for approximately 94% of the Company’s total purchases. For the three months ended September 30, 2021, one vendor accounted for approximately 94% of the Company’s total purchases.