v3.25.0.1

Summary of Significant Accounting Policies (Tables)

6 Months Ended

Dec. 31, 2024

Summary of Significant Accounting Policies [Abstract]

Schedule of Exchange Rates

The exchange rates as of December 31, 2024 and June 30, 2024 and for the three and six months ended December 31, 2024 and 2023 are as follows: 

		December 31, 2024				June 30, 2024				Three months ended December 31,								Six months ended December 31,
Foreign currency		Balance  Sheet				Balance Sheet				2024 Profit/Loss				2023 Profit/Loss				2024 Profit/Loss				2023 Profit/Loss
RMB:1USD			7.2994				7.2674				7.1875				7.2061				7.1754				7.2206
HKD:1USD			7.7681				7.8082				7.7748				7.8141				7.7873				7.8196

Schedule of Estimated Useful Lives

Depreciation is calculated on a straight-line basis over the following estimated useful lives:

Buildings	20 years
Motor vehicles	3–10 years
Computer and office equipment	1–5 years
Furniture and fixtures	3–5 years
System software	5 years
Leasehold improvements	Shorter of lease term or useful lives
Mining equipment	3 years

Schedule of Disaggregated Revenue Streams

The Company’s disaggregated revenue streams are described as follows:

		For the Three Months Ended								For the Six Months Ended
		December 31, 2024				December 31, 2023				December 31, 2024				December 31, 2023
Freight logistics services			474,624				961,240				976,026				1,857,166
Total		$	474,624			$	961,240			$	976,026			$	1,857,166

Schedule of Revenues by Geographic Locations

Disaggregated information of revenues by geographic locations are as follows:

		For the Three Months Ended								For the Six Months Ended
		December 31,				December 31,				December 31,				December 31,
		2024				2023				2024				2023
PRC		$	474,624			$	837,763			$	976,026			$	1,538,419
U.S.			-				123,477				-				318,747
Total revenues		$	474,624			$	961,240			$	976,026			$	1,857,166

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