Details of Subsidiaries (Tables)

6 Months Ended

Dec. 31, 2019

Details of Subsidiaries [Abstract]

Schedule of details of subsidiaries

Company name	Place and date of incorporation	Capital	Attributable Equity interest		Principal activities
Reliant Galaxy International Limited	Established in British Virgin Islands on January 3, 2017	Registered and paid-in capital of RMB 69,100	100	%	Investment holding
Sure Rich Investment	Established in	Share capital	100	%	Investment holding
(Group) Limited	Hong Kong On February 1, 2007	RMB 1
Fujian Jinou Trading Co., Ltd.	Established in the PRC on July 5, 2004	Registered and paid-in capital of US$ 1,650,000	100	%	Investment holding and marketing self-owned brand and wholesaling of spirits
Fenyang Huaxin Spirit Development Co., Ltd.	Established in the PRC on November 7, 2013	Registered and Paid-in capital of RMB 1,000,000	100	%	Marketing self-owned brand and wholesaling of spirits and wines
Fenyang Jinqiang Spirit Co., Ltd.	Established in the PRC on November 7, 2013	Registered capital 10,000,000 and Paid-in capital of RMB 5,000,000	100	%	Marketing self-owned brand and wholesaling of spirits
Beijing Huaxin Tianchuang Enterprise Management Consulting Co., Ltd.	Established in the PRC on April 14, 2018	Registered and issued capital of RMB1,000,000	51	%(i)	Dormant

Notes:

(i) The subsidiary was registered with payable share capital and the Company committed to pay up its share of the issued capital in the amount of RMB 510,000 on March 31, 2037, which is 20 years from the date of incorporation permitted by the PRC's regulations on company registration. The amount due to the subsidiary is interest-free and unsecured.