CONCENTRATIONS AND RISKS	3 Months Ended
Sep. 30, 2024
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$205,601 and US$336,776 as of September 30, 2024 and June 30, 2024, respectively. During the three months ended September 30, 2024 and 2023, almost 100% of the Company’s assets were located in the PRC and 100% of the Company’s revenue was derived from its subsidiaries and VIEs located in the PRC. For the three months ended September 30, 2024, two customers accounted for approximately 33% of the Company’s total sales from the continuing operations. As of September 30, 2024, one customer accounted for approximately 89% of the Company’s accounts receivable. For the three months ended September 30, 2023, two customers accounted for approximately 26% of the Company’s total sales from the continuing operations. For the three months ended September 30, 2024, one vendor accounted for approximately 10.4% of the Company’s total purchases from the continuing operations. For the three months ended September 30, 2023, one vendor accounted for approximately 18% of the Company’s total purchases from the continuing operations.

CONCENTRATIONS AND RISKS

3 Months Ended

Sep. 30, 2024

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$205,601 and US$336,776 as of September 30, 2024 and June 30, 2024, respectively.

During the three months ended September 30, 2024 and 2023, almost 100% of the Company’s assets were located in the PRC and 100% of the Company’s revenue was derived from its subsidiaries and VIEs located in the PRC.

For the three months ended September 30, 2024, two customers accounted for approximately 33% of the Company’s total sales from the continuing operations. As of September 30, 2024, one customer accounted for approximately 89% of the Company’s accounts receivable.

For the three months ended September 30, 2023, two customers accounted for approximately 26% of the Company’s total sales from the continuing operations.

For the three months ended September 30, 2024, one vendor accounted for approximately 10.4% of the Company’s total purchases from the continuing operations.

For the three months ended September 30, 2023, one vendor accounted for approximately 18% of the Company’s total purchases from the continuing operations.