Acquisition (Tables)

6 Months Ended

Dec. 31, 2019

Business Combinations [Abstract]

Schedule of estimated fair values of net assets acquired and liabilities assumed

Accounts receivable, net		26,635
Inventory		57,275
Other current assets		182,056
Distribution rights		1,059,128
Property, plant and equipment		13,865
Advance from customers		(77,127	)
Tax payable		(16,648	)
Deferred tax liabilities		(264,782	)
Salary payable		(24,755	)
Accrued liabilities and other current liabilities		(980,277	)
Non-controlling interest		1,406
Goodwill		2,010,649
Total purchase price for acquisition, net of US$ 21,761 of cash	$	1,987,425

Schedule of estimated useful lives

	Preliminary Fair Value		Weighted Average Useful Life (in Years)
Distribution rights	$	1,059,128	(a)

(a) The distribution rights with no expiration date has been determined to have an indefinite life.