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Advances to Suppliers
3 Months Ended
Sep. 30, 2024
Advances to Suppliers [Abstract]  
ADVANCES TO SUPPLIERS

Note 6. ADVANCES TO SUPPLIERS

 

The Company’s advances to suppliers – third parties are as follows:

 

   September 30,   June 30, 
   2024   2024 
Freight fees (1)  $300,054   $300,051 
Less: allowances for credit losses   (300,000)   (300,000)
Advances to suppliers-third parties, net  $54   $51 

 

(1)The advanced freight fee is the Company’s prepayment made for various shipping costs for shipments from January 1, 2024 to September 30, 2024. The Company provided an allowance of $300,000 for the year ended June 30, 2022, and there was no change in the fiscal year 2024 and for the three months ended September 30, 2024.