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Share Capital and Capital Management (Tables)
6 Months Ended
Dec. 31, 2019
Share Capital and Capital Management [Abstract]  
Schedule of share capital and capital management

   Issued and fully paid   Shares to be issued  

Additional paid

in capital

   Total share capital 
   Number of
shares
  

Value

US$

  

Value

RMB

   Number of
shares
  

Value

US$

  

Value

RMB

  

Value

US$

  

Value

RMB

  

value

RMB

 
Company                                             
At June 30, 2017 and June 30, 2016   4,269,950    4,270    27,775    -    -    -    (4,269)   (27,774)   1 
Common stock conversion   37,921,530    37,922    246,671    -    -    -    -    -    246,671 
Conversion of amount due to a director   15,000,000    15,000    97,570    -    -    -    27,209    176,986    274,556 
Shares issued for cash   13,000,000    13,000    84,561    -    -    -    91,000    591,925    676,486 
Shares issued as consideration for business acquisition   28,000,000    28,000    182,131    -    -    -    -    -    182,131 
Shares to be issued as consideration for business acquisition note 1   -    -    -    321,296,000    321,296    2,126,520    -    -    2,126,520 
Reverse merger   -    -    -    -    -    -    (113,940)   (741,137)   (741,137)
At June 30, 2018   98,191,40    98,191    638,708    321,296,000    321,296    2,126,520    -    -    2,765,228 
Shares reverse split on August 7, 2019   (88,372,332)   -    -    (289,166,400)   -    -    -    -    - 
Restated at June 30, 2018 and December 31, 2018   9,819,148    98,191    638,708    32,129,600    321,296    2,126,520    -    -    2,765,228 
Shares were issued as consideration for business acquisition note 1   32,129,600    321,296    2,126,520    (32,129,600)   (321,296)   (2,126,520)   -    -    - 
                                              
Total at June 30, 2019 and December 31, 2019   41,948,748    419,487    2,765,228    -    -    -    -    -    2,765,228 

 

Each share has a nominal value of US$0.001 per share.

 

Note: 

 

1.The 321,296,000 new shares, at $0.001 per share, were part of the consideration of the acquisition of Reliant Galaxy International Limited by the Company. The aggregated nominal value of the shares is US$321,296.

 

2.On July 22, 2019, the Company filed a Certificate of Amendment with the Secretary of State of Nevada to effect a reverse stock split of its then issued and outstanding shares of common stock at a ratio of 10-for-1. All current and historical information contained herein related to the per share information for the Company's common stock reflects the 1-for-10 reverse stock split that became market effective on August 7, 2019.

 

3.On August 7, 2019, the Company effected a decrease in the number of its authorized common stock from 500,000,000 to 50,000,000, with its common stock's par value unchanged at $0.001 per share.