Exhibit 99.1

BIG TREE CLOUD HOLDINGS LIMITED

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
(In U.S. dollars, except for share and per share data, or otherwise note)

	As of
	December 31, 2024			June 30, 2024
	USD			USD
ASSETS
Current assets:
Cash and cash equivalents		1,747,822			748,099
Advanced to suppliers		-			2,941
Accounts receivables, net		101,974			47,753
Prepaid expenses and other current assets, net		437,478			539,531
Inventories, net		1,490			600,876
Amounts due from a related party		-			16,595
Total current assets		2,288,764			1,955,795
Non-current assets:
Property and equipment, net		2,534,424			3,599,546
Intangible assets, net		2,175,601			2,362,417
Right-of-use assets		1,262,111			547,214
Deferred tax assets		175,788			502,965
Total non-current assets		6,147,924			7,012,142
TOTAL ASSETS		8,436,688			8,967,937
LIABILITIES AND SHAREHOLDERS’ DEFICIT
Current liabilities:
Accounts payables		80,041			430,510
Contract liabilities		18,066			3,776,879
Accrued expenses and other current liabilities		3,649,378			2,663,779
Operating lease liabilities - current		339,542			190,023
Amounts due to a related party		1,163,916			13,012
Total current liabilities		5,250,943			7,074,203
Non-current liabilities:
Contract liabilities		-			1,376,046
Long-term loans		1,369,994			1,376,046
Amounts due to a related party, non-current		2,501,381			2,360,147
Operating lease liabilities - non-current		1,014,240			335,241
Other non-current liabilities		1,045,463			1,025,051
Total non-current liabilities		5,931,078			6,472,531
TOTAL LIABILITIES		11,182,021			13,546,734
Shareholders’ deficit:
Ordinary shares (par value of US$0.0001 per share; 500,000,000 ordinary shares authorized, 57,080,546 and 57,080,546 ordinary shares issued and outstanding as of December 31, 2024 and June 30, 2024, respectively) *		5,708			5,708
Accumulated deficit		(3,018,659	)		(4,898,117	)
Accumulated other comprehensive income		267,618			313,612
Total shareholders’ deficit		(2,745,333	)		(4,578,797	)
TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT		8,436,688			8,967,937

* The shares are related to the reverse recapitalization for the business combination and reorganization for the founding shareholders are presented on a retroactive basis to reflect both the reverse recapitalization and the reorganization.

BIG TREE CLOUD HOLDINGS LIMITED

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
(In U.S. dollars, except for share and per share data, or otherwise noted)

	For the six months ended  December 31,
	2024			2023
	USD			USD
Net revenue		1,039,851			4,158,057
Cost of revenues		(367,274	)		(1,378,127	)
Gross profit		672,577			2,779,930
Operating expenses
Selling expenses		(363,777	)		(435,245	)
General and administrative expenses		(2,403,721	)		(1,887,213	)
Total operating expenses		(2,767,498	)		(2,322,458	)
Operating (loss)/profit		(2,094,921	)		457,472
Other income, net
Financial expenses		(169,141	)		(20,079	)
Financial income		1,019			2,699
Gain on deregistration and disposal of subsidiaries, net		4,788,377			62,429
Other (expenses)/income, net		(50,820	)		33,561
Total other income, net		4,569,435			78,610
Income before income tax provision		2,474,514			536,082
Income tax (expense)/benefit		(595,056	)		45,302
Net income		1,879,458			581,384
Other comprehensive income, net of tax of nil:
Foreign currency translation adjustments		(45,994	)		23,568
Total comprehensive income		1,833,464			604,952
Earnings per share*
Basic and diluted		0.0286			0.0116
Weighted average shares used in calculating net earnings per share*
Basic and diluted		65,631,981			50,000,000

* The shares are related to the reverse recapitalization for the business combination and reorganization for the founding shareholders are presented on a retroactive basis to reflect both the reverse recapitalization and the reorganization.