XML 72 R46.htm IDEA: XBRL DOCUMENT v3.25.3
Related Party Balances and Transactions (Tables)
12 Months Ended
Jun. 30, 2025
Related Party Balances and Transactions [Abstract]  
Schedule of Related Party Balance

Amount due from a related party

 

Name of Related Party  Relationship  Nature  June 30,
2025
   June 30,
2024
 
Azure Horizon LLC (“Azure”)  Owned by an immediate family member of the Company’s 10% or more shareholder  Paid on behalf fees  $   -   $140 

 

Prepaid expenses to a related party

 

Name of Related Party   Relationship   Nature   June 30,
2025
    June 30,
2024
 
                     
Azure Horizon LLC (“Azure”)   Owned by an immediate family member of the Company’s 10% or more shareholder   Prepaid service fees   $ 8,000     $       -  
                         

Other payable — related party consists of the following:

 

Name of Related Party   Relationship   Nature   June 30,
2025
    June 30,
2024
 
                     
Wuhan Haoxun Communication Technology Co. Ltd (“Wuhan Haoxun”)(1)   Controlled by an immediate family member of the Company’s 10% or more shareholder   Research and development fees   $ 18,792     $ 51,168  
Acri Capital Sponsor LLC   More than 10%
Shareholder of the Company
  Unconverted working capital loan balance in ACAC     245,509       -  
Swiftfulfill Warehouse LLC (“Swiftfulfill”) (2)   Owned by an immediate family member of the Company’s 10% or more shareholder   Consulting fees and expenses paid on behalf of the Company     8,566       -  
“Joy” Yi Hua   Chairwoman, Chief Financial Officer and Director of the Company   Expenses paid on behalf of the Company     50       -  
Total           $ 272,917     $ 51,168  

 

(1) On September 1, 2022, the Company entered into an agreement with Wuhan Haoxun for the research and development project.
(2) On October 1, 2024, the Company entered into a consulting agreement to receive consulting services provided by, Swiftfulfill, a consulting company which is owned by an immediate family member of the Company’s more than 10% shareholder.

Research and development expenses

 

Name of Related Party   Relationship   For the
Year
Ended
June 30,
2025
    For the
Year
Ended
June 30,
2024
 
                 
Wuhan Haoxun(1)   Controlled by an immediate family member of the Company’s 10% or more shareholder   $ 136,752     $ 91,168  

 

(1) On September 1, 2022, the Company entered into an agreement with Wuhan Haoxun for the research and development project.

 

Consulting expenses

 

Name of Related Party  Relationship  For the
Year
Ended
June 30,
2025
   For the
Year
Ended
June 30,
2024
 
            
Azure(1)  Owned by an immediate family member of the Company’s 10% or more shareholder  $485,200   $324,000 
Swiftfulfill(2)  Owned by an immediate family member of the Company’s 10% or more shareholder   63,000    - 
Total     $548,200    324,000 

 

(1) On September 1, 2022, the Company entered into a consulting agreement to receive consulting services provided by Azure, a consulting company which is owned by an immediate family member of the Company’s more than 10% shareholder.
(2)

On October 1, 2024, the Company entered into a consulting agreement to receive consulting services provided by, Swiftfulfill, a consulting company which is owned by an immediate family member of the Company’s more than 10% shareholder.