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Intangible Assets, Net
12 Months Ended
Jun. 30, 2025
Intangible Assets, Net [Abstract]  
INTANGIBLE ASSETS, NET

Note 7 — INTANGIBLE ASSETS, NET

 

The following is a summary of the Company’s intangible assets:

 

   As of June 30, 
   2025   2024 
Land use rights  $6,486,513   $6,394,042 
Software   36,646    36,124 
Total intangible assets   6,523,159    6,430,166 
Less: accumulated amortization   (358,378)   (222,857)
Intangible assets, net  $6,164,781   $6,207,309 

 

As of June 30, 2025 and 2024, the Company pledged land use right with a net book value of 6,164,781 (approximately RMB 44.2 million) and $nil, respectively, to secure the long-term syndicated loan. Refer to “Note 10 — Borrowings” for detail.

Amortization expense was $131,369, $139,710 and $77,992 for the fiscal year ended June 30, 2025, 2024 and 2023, respectively. Estimated future amortization expense for intangible assets is as follows:

 

Twelve months ended June 30, 

Amortization

expense

 
2026  $131,459 
2027   130,595 
2028   129,730 
2029   129,730 
2030   129,730 
Thereafter   5,513,537 
Total  $6,164,781