Taxes (Tables)

12 Months Ended

Jun. 30, 2025

Taxes [Abstract]

Schedule of Income Tax Provision (Benefit)

The components of the income tax provision (benefit) were as follows:

	For the Fiscal Year Ended June 30,
	2025		2024		2023
Current income tax provision	$	716,897	$	716,782	$	42,998
Deferred income tax provision		-		-		-
Total	$	716,897	$	716,782	$	42,998

Schedule of Net Deferred Tax Assets

The following table summarizes net deferred tax assets resulting from differences between financial accounting basis and tax basis of assets and liabilities:

	As of June 30,
	2025			2024
Deferred tax assets (liabilities):
Provision for credit losses	$	377,663		$	251,640
Net operating loss carried forward		230,456			248,120
Unrealized gains from fair value changes of equity securities		(164,157	)		(161,816	)
Total deferred tax assets		443,962			337,944
Less: valuation allowance		(443,962	)		(337,944	)
Deferred tax assets, net of valuation allowance	$	-		$	-

Schedule of Provision for Income Taxes

A reconciliation between the Company’s actual provision for income taxes and the provision at the PRC mainland statutory rate is as follows:

	For the Fiscal Year Ended June 30,
	2025			2024			2023
Income before income tax expenses	$	(737,235	)	$	3,226,425		$	2,130,692
Computed income tax expenses with statutory tax rate		(151,301	)		806,606			532,673
Tax effect of preferential tax treatments		81,193			8,582			(10,490	)
Tax adjustments on government grant received (Taxable income)		713,406			-			-
Tax effect of non-deductible items		32,993			56,508			11,594
Tax effect of temporary differences		121,526			(346	)		(55,085	)
Effect of net operating loss carryforward		(19,229	)		(154,568	)		(435,694	)
Others		(61,691	)		-			-
Income tax expenses	$	716,897		$	716,782		$	42,998