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Subsequent Events
3 Months Ended
Sep. 30, 2021
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

Note 21. SUBSEQUENT EVENTS

 

On Oct 11, 2021, the company formed a joint venture, Thor Miner Inc. in Delaware, which is 51% owned by Sino-Global Shipping America Inc. to facilitate the Company’s digital assets business.

 

On October 3, 2021, Sino-Global Shipping America, Ltd. entered into a Strategic Alliance Agreement (the “Agreement”) with Shenzhen Highsharp Electronic Ltd. (“Highsharp”) to establish a joint venture for collaborative engineering, technical development and commercialization of a proprietary bitcoin mining machine under the name Thor, with exclusive rights covering design production, intellectual property, branding, marketing and sales. On Oct 11, 2021, the company formed a joint venture, Thor Miner Inc. in Delaware, which is 51% owned by Sino-Global Shipping America Inc. and 49% owned by Highsharp.

 

On November 1, 2021, Mr. Lei Cao retired from his position as CEO and the Board approved the appointment of Mr. Lei Cao as Vice President and Head of Research and Development. On the same day, the Board appointed Mr. Yang Jie as the Company’s CEO.