Note 7. INTANGIBLE ASSETS, NET

Net intangible assets consisted of the following at:

	March 31,		June 30,
	2018		2017

Full service logistics platforms	$	190,000	$	-

Total intangible assets		190,000		-

Less: Accumulated amortization		21,111		-

Intangible asset, net	$	168,889	$	-

As part of the above-mentioned intelligent logistics platform (see Note 3), four information applications were completed by Tianjin Anboweiye in November 2017 and placed into service, including route planning and route execution for customers in China. The platforms are amortized over five years.

Amortization expense of intangible assets amounted to $15,833 and $nil for the three months ended March 31, 2018 and 2017, respectively, and $21,111 and $nil for the nine months ended March 31, 2018 and 2017, respectively.