Accrued Expenses and Other Payables

12 Months Ended

Jun. 30, 2025

Accrued Expenses and Other Payables [Abstract]

ACCRUED EXPENSES AND OTHER PAYABLES

9. ACCRUED EXPENSES AND OTHER PAYABLES

Accrued expenses and other payables consist of the following:

	As of June 30,
	2025		2024
Professional service fees	$	4,435,167	$	251,912
Accrued employee payroll and welfare benefits		1,998,768		1,582,587
Loan from a third party (1)		762,689		74,414
Warranty reserve		344,138		143,206
Interest payable		125,233		64,973
Rental fees payable		2,599		-
Others		96,791		47,680
Total accrued expenses and other payables	$	7,765,385	$	2,164,772

(1) On April 14, 2025, the group entered into a loan agreement with a third party and borrowed US$41,878 (RMB300,000) for the closing of Business Combination in June, 2025, with a total interest of US$4,188 (RMB30,000). The loan was due on May 31, 2025.

On April 8, 2025, the group entered into a loan agreement with a third party and borrowed US$500,000 for daily operation, with a monthly interest rate of 1%. As of June 30, 2025, US$279,189 of the balance had been repaid by the Group. The remaining loan was due on May 31, 2025.

On April 5, 2025, the group entered into an interest-free loan agreement with a third party and borrowed US$500,000 the closing of Business Combination in June, 2025. The loan was due on June 5, 2025. Interest on default shall accrue at a daily rate of 0.1% on the outstanding amount after the due date.