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Advances to Suppliers
9 Months Ended
Mar. 31, 2025
Advances to Suppliers [Abstract]  
ADVANCES TO SUPPLIERS

Note 6. ADVANCES TO SUPPLIERS

 

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

 

   March 31,   June 30, 
   2025   2024 
Freight fees (1)  $42,236   $300,051 
Less: allowances for credit losses   
-
    (300,000)
Advances to suppliers-third parties, net  $42,236   $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. As of March 31, 2025, the Company assessed that it was unrecoverable, and wrote off this receivable (account receivables and allowance for bad debt were reduced concurrently).