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Advances to Suppliers
6 Months Ended
Dec. 31, 2025
Advances To Suppliers [Abstract]  
ADVANCES TO SUPPLIERS

Note 5. ADVANCES TO SUPPLIERS

 

Advances to suppliers related to prepayment for various shipping costs for shipments and commodity trading. The Company’s advances to suppliers are as follows:

 

   As of   As of 
   December 31,   June 30, 
   2025   2025 
Commodity trading (1)  $8,250,000    
-
 
Freight fees   76,920    1,084 
Advances to suppliers  $8,326,920   $1,084 

 

(1) As of December 31, 2025, the Company made advance payments of $8,250,000 to third-party suppliers in connection with purchase agreements for agricultural commodities (sesame seeds) under its newly initiated commodity trading operations. The advances represent prepayments for inventory to be delivered in subsequent periods. Management expects delivery of the related goods within six months from the reporting date. The advances are unsecured and non-interest bearing. Management has evaluated the recoverability of these advances and determined that no allowance was necessary as of December 31, 2025.