Accounts Receivable, Net

12 Months Ended

Jun. 30, 2025

Accounts Receivable, Net [Abstract]

ACCOUNTS RECEIVABLE, NET

4. ACCOUNTS RECEIVABLE, NET

Accounts receivable, net consisted of the following:

	As of June 30,
	2025			2024
Accounts receivable	$	2,661,416		$	2,085,535
Less: Provision for credit losses		(80,686	)		(79,535	)
Accounts receivable, net	$	2,580,730		$	2,006,000

As of June 30, 2025, the Group has pledged accounts receivable in total of US$2,629,554 (RMB18,837,074), owned or entitled to dispose of by law as the pledged assets to provide guarantee for the short-term loan contracts of US$2,093,919 (RMB15,000,000) in the aggregate, signed with China Everbright Bank and Bank of Shanghai (Note 10).

Provisions for credit losses of nil, US$73,310 and US$6,953 were recorded for the years ended June 30, 2025, 2024 and 2023, respectively. Movement of provision for credit losses was as follows:

	For the years ended June 30,
	2025		2024			2023
Balance at beginning of the year	$	79,535	$	6,668		$	-
Add: Provision for credit losses		-		73,310			6,953
Foreign currency translation adjustment		1,151		(443	)		(285	)
Balance at the end of the year	$	80,686	$	79,535		$	6,668