Organization and Nature of Business	6 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]
ORGANIZATION AND NATURE OF BUSINESS	Note 1. ORGANIZATION AND NATURE OF BUSINESS Founded in the United States (the “U.S.”) in 2001, Sino-Global Shipping America, Ltd., a Virginia corporation (“Sino-Global” or the “Company”), is a global shipping and freight logistics integrated solution provider. The Company provides tailored solutions and value-added services to its customers to drive efficiency and control in related steps throughout the entire shipping and freight logistics chain. The Company conducts its business primarily through its wholly-owned subsidiaries in the People’s Republic of China (the “PRC” or “China”) (including Hong Kong) and the U.S. where a majority of the Company’s clients are located. The Company operates in two operating segments including (1) shipping agency and management services, which are operated by its subsidiaries in the U.S.; (2) freight logistics services, which are operated by its subsidiaries in the PRC. On January 3, 2022, the Company filed Articles of Amendment with the Virginia State Corporation Commission to change its corporate name from Sino-Global Shipping America, Ltd. to Singularity Future Technology Ltd. The Company plans to leverage its core expertise in logistics and shipping to accelerate its diversification and growth in cryptocurrency and other new markets. The Company plans to enter into digital assets business through its US subsidiaries. On December 14, 2020, the Company incorporated a new entity named “Blumargo IT Solution Ltd.” with 80% ownership in partnership with Tianjin Anboweiye Technology Co. to build up hi-tech and information-based logistic services to meet the higher and complicate demand of customers. On June 30, 2021, the Company increased the ownership to 100%. On April 13, 2021, the Company formed a joint venture in which the Company owned 99% equity interest of Hainan Saimeinuo Trading Co., Ltd., in the free tax zone in Hainan Province, China, with a registered capital of approximately $1.5 million. This subsidiary primarily engages in freight logistics services. On April 21, 2021, the Company entered into a cooperation agreement with Mr. Bangpin Yu to set up a joint venture in U.S. named “Brilliant Warehouse Service Inc.” to support its freight logistics services in the U.S. The Company has a 51% equity interest in the joint venture. In July 2021, the company registered a new company Gorgeous Trading Ltd., which is 100% owned by Sino-Global Shipping New York Inc. and which will be mainly responsible for the Company’s smart warehouse and related business in Texas. On August 31, 2021, the Company formed a joint venture, Phi Electric Motor, Inc. in New York, which is 51% owned by Sino-Global Shipping New York Inc. There have been no operations as of December 31, 2021. On September 29, 2021, the Company formed a 100% owned subsidiary, SG Shipping & Risk Solution Inc. in New York. On December 23, 2021, SG Shipping & Risk Solution Inc. formed SG Link LLC. There have been no material operations as of December 31, 2021. On October 3, 2021, the Company 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 cryptocurrency mining machine under the brand name Thor, with exclusive rights covering design production, intellectual property, branding, marketing and sales. On October 11, 2021, the Company formed a joint venture, Thor Miner Inc. in Delaware, which is 51% owned by the Company and 49% owned by Highsharp. On December 31, 2021, the Company entered into a series of agreements to terminate its variable interest entity (“VIE”) structure and terminate the existence of its formerly controlled entity Sino-Global Shipping Agency Ltd. (“Sino-China”). The Company controlled Sino-China through its wholly owned subsidiary Trans Pacific Shipping Limited (“Trans Pacific Beijing”). The Company made its decision because Sino-China has no active operations and potential risks on VIE structures. In addition, the Company dissolved its subsidiary Sino-Global Shipping LA, Inc. The outbreak of the novel coronavirus (COVID-19) starting from late January 2020 in the PRC has spread rapidly to many parts of the world. In March 2020, the World Health Organization declared the COVID-19 as a pandemic and has resulted in quarantines, travel restrictions, and the temporary closure of stores and business facilities in China and the U.S. Given the rapidly expanding nature of the COVID-19 pandemic, and because substantially all of the Company’s business operations and its workforce are concentrated in China and the U.S., the Company’s business, results of operations, and financial condition have been adversely affected for the year ended June 30, 2021. The situation remains highly uncertain for any further outbreak or resurgence of the COVID-19. It is therefore difficult for the Company to estimate the impact on the business or operating results that might be adversely affected by any further outbreak or resurgence of COVID-19.

Organization and Nature of Business

6 Months Ended

Dec. 31, 2021

Note 1. ORGANIZATION AND NATURE OF BUSINESS

Founded in the United States (the “U.S.”) in 2001, Sino-Global Shipping America, Ltd., a Virginia corporation (“Sino-Global” or the “Company”), is a global shipping and freight logistics integrated solution provider. The Company provides tailored solutions and value-added services to its customers to drive efficiency and control in related steps throughout the entire shipping and freight logistics chain. The Company conducts its business primarily through its wholly-owned subsidiaries in the People’s Republic of China (the “PRC” or “China”) (including Hong Kong) and the U.S. where a majority of the Company’s clients are located. The Company operates in two operating segments including (1) shipping agency and management services, which are operated by its subsidiaries in the U.S.; (2) freight logistics services, which are operated by its subsidiaries in the PRC.

On January 3, 2022, the Company filed Articles of Amendment with the Virginia State Corporation Commission to change its corporate name from Sino-Global Shipping America, Ltd. to Singularity Future Technology Ltd. The Company plans to leverage its core expertise in logistics and shipping to accelerate its diversification and growth in cryptocurrency and other new markets. The Company plans to enter into digital assets business through its US subsidiaries.

On December 14, 2020, the Company incorporated a new entity named “Blumargo IT Solution Ltd.” with 80% ownership in partnership with Tianjin Anboweiye Technology Co. to build up hi-tech and information-based logistic services to meet the higher and complicate demand of customers. On June 30, 2021, the Company increased the ownership to 100%.

On April 13, 2021, the Company formed a joint venture in which the Company owned 99% equity interest of Hainan Saimeinuo Trading Co., Ltd., in the free tax zone in Hainan Province, China, with a registered capital of approximately $1.5 million. This subsidiary primarily engages in freight logistics services.

On April 21, 2021, the Company entered into a cooperation agreement with Mr. Bangpin Yu to set up a joint venture in U.S. named “Brilliant Warehouse Service Inc.” to support its freight logistics services in the U.S. The Company has a 51% equity interest in the joint venture.

In July 2021, the company registered a new company Gorgeous Trading Ltd., which is 100% owned by Sino-Global Shipping New York Inc. and which will be mainly responsible for the Company’s smart warehouse and related business in Texas.

On August 31, 2021, the Company formed a joint venture, Phi Electric Motor, Inc. in New York, which is 51% owned by Sino-Global Shipping New York Inc. There have been no operations as of December 31, 2021.

On September 29, 2021, the Company formed a 100% owned subsidiary, SG Shipping & Risk Solution Inc. in New York. On December 23, 2021, SG Shipping & Risk Solution Inc. formed SG Link LLC. There have been no material operations as of December 31, 2021.

On October 3, 2021, the Company 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 cryptocurrency mining machine under the brand name Thor, with exclusive rights covering design production, intellectual property, branding, marketing and sales. On October 11, 2021, the Company formed a joint venture, Thor Miner Inc. in Delaware, which is 51% owned by the Company and 49% owned by Highsharp.

On December 31, 2021, the Company entered into a series of agreements to terminate its variable interest entity (“VIE”) structure and terminate the existence of its formerly controlled entity Sino-Global Shipping Agency Ltd. (“Sino-China”). The Company controlled Sino-China through its wholly owned subsidiary Trans Pacific Shipping Limited (“Trans Pacific Beijing”). The Company made its decision because Sino-China has no active operations and potential risks on VIE structures. In addition, the Company dissolved its subsidiary Sino-Global Shipping LA, Inc.

The outbreak of the novel coronavirus (COVID-19) starting from late January 2020 in the PRC has spread rapidly to many parts of the world. In March 2020, the World Health Organization declared the COVID-19 as a pandemic and has resulted in quarantines, travel restrictions, and the temporary closure of stores and business facilities in China and the U.S. Given the rapidly expanding nature of the COVID-19 pandemic, and because substantially all of the Company’s business operations and its workforce are concentrated in China and the U.S., the Company’s business, results of operations, and financial condition have been adversely affected for the year ended June 30, 2021. The situation remains highly uncertain for any further outbreak or resurgence of the COVID-19. It is therefore difficult for the Company to estimate the impact on the business or operating results that might be adversely affected by any further outbreak or resurgence of COVID-19.