Summary of Significant Accounting Policies (Tables)

9 Months Ended

Mar. 31, 2024

Summary of Significant Accounting Policies [Abstract]

Schedule of Translation Foreign Currency Exchange Rates

The exchange rates as of March 31, 2024 and June 30, 2023 and for the three and nine months ended March 31, 2024 and 2023 are as follows:

	March 31, 2024		June 30, 2023		Three months ended March 31,				Nine months ended March 31,
Foreign currency	Balance Sheet		Balance Sheet		2024 Profit/Loss		2023 Profit/Loss		2024 Profit/Loss		2023 Profit/Loss
RMB:1USD		7.2203		7.2537		7.1735		6.8423		7.2049		6.9321
HKD:1USD		7.8259		7.8366		7.8206		7.8386		7.8199		7.8369

Schedule of Estimated Useful Lives

Property and equipment are stated at historical cost less accumulated depreciation. Historical cost comprises its purchase price and any directly attributable costs of bringing the assets to its working condition and location for its intended use. Depreciation is calculated on a straight-line basis over the following 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 Disaggregated Revenue Streams

The Company’s disaggregated revenue streams are described as follows:

	For the Three Months Ended				For the Nine Months Ended
	March 31, 2024		March 31, 2023		March 31, 2024		March 31, 2023
Sale of crypto mining machines	$	-	$	-	$	-	$	732,565
Freight logistics services		446,575		759,905		2,303,741		2,739,475
Total	$	446,575	$	759,905	$	2,303,741	$	3,472,040

Schedule of Revenues by Geographic locations

Disaggregated information of revenues by geographic locations are as follows:

	For the Three Months Ended				For the Nine Months Ended
	March 31,		March 31,		March 31,		March 31,
	2024		2023		2024		2023
PRC	$	336,071	$	535,037	$	1,874,490	$	1,695,858
U.S.		110,504		224,868		429,251		1,776,182
Total revenues	$	446,575	$	759,905	$	2,303,741	$	3,472,040