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Intangible assets, net (Tables)
12 Months Ended
Jun. 30, 2020
Intangible assets, net  
Schedule of intangible assets

Intangible assets consist of the following:

 

 

 

 

 

 

 

 

 

    

June 30, 2020

    

June 30, 2019

 

 

 

 

 

 

 

Land use rights

 

$

586,795

 

$

603,774

Less: accumulated amortization

 

 

(148,806)

 

 

(141,036)

Net intangible assets

 

$

437,989

 

$

462,738

 

Schedule of estimated amortization

The estimated amortization is as follows:

 

 

 

 

 

 

    

Estimated

Twelve months ending June 30, 

    

amortization expense

2021

 

$

11,792

2022

 

 

11,792

2023

 

 

11,792

2024

 

 

11,792

2025

 

 

11,792

Thereafter

 

 

379,029

Total

 

$

437,989