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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
Schedule of Sino-China's assets and liabilities
   December 31,   June 30, 
   2021   2021 
Current assets:        
Cash  $
          -
   $113,779 
Total current assets   
-
    113,779 
           
Deposits   
-
    56 
Property and equipment, net   
-
    
-
 
Total assets  $
-
   $113,835 
           
Current liabilities:          
Other payables and accrued liabilities  $
-
   $32,939 
Total liabilities  $
-
   $32,939 

 

Schedule of net assets of disposed VIE and subsidiaries
   December 31, 2021 
   VIE   Subsidiary   Total 
Total current assets  $83,573   $20,898   $104,471 
Total other assets   8,723    
-
    8,723 
Total assets   92,296    20,898    113,194 
Total current liabilities   41,608    1,100    42,708 
Total net assets   50,688    19,798    70,486 
Due from noncontrolling interests   5,919,050    
-
    5,919,050 
Exchange rate effect   142,079    
-
    142,079 
Total loss on disposal  $6,111,817   $19,798   $6,131,615 

 

Schedule of translation of foreign currency exchange rates
   December 31,
2021
   June 30,
2021
   Three months ended
December 31,
   Six months ended
December 31,
 
Foreign currency  Balance 
Sheet
   Balance
Sheet
   2021
Profit/Loss
   2020
Profit/Loss
   2021
Profit/Loss
   2020
Profit/Loss
 
RMB:1USD   6.3551    6.4586    6.3952    6.6254    6.4330    6.7736 
AUD:1USD   1.3759    1.3342    1.3735    1.3688    1.3669    1.3840 
HKD:1USD   7.7973    7.7661    7.7897    7.7520    7.7837    7.7513 
CAD:1USD   1.2656    1.2404    1.2608    1.3038    1.2600    1.3181 

 

Schedule of estimated useful lives
Buildings 20 years
Motor vehicles 3-10 years
Computer and office equipment 1-5 years
Furniture and fixtures 3-5 years
System software 5 years
Leasehold improvements Shorter of lease term or useful lives
Mining equipment 3 years

 

Schedule of revenues by segments
   For the Three Months Ended   For the Six Months Ended 
   December 31,   December 31,   December 31,   December 31, 
   2021   2020   2021   2020 
Shipping and management agency services  $
-
   $
-
   $     $206,845 
Freight logistics services   1,041,925    1,884,440    2,838,135    2,814,394 
Total  $1,041,925   $1,884,440   $2,838,135   $3,021,239 

 

Schedule of disaggregated information of revenues by geographic locations
   For the Three Months Ended   For the Six Months Ended 
   December 31,   December 31,   December 31,   December 31, 
   2021   2020   2021   2020 
PRC  $868,255    1,884,440    1,593,332    2,814,394 
U.S.   173,670    
-
    1,244,803    206,845 
Total revenues  $1,041,925   $1,884,440   $2,838,135   $3,021,239