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Borrowings - Schedule of Other Financial Institutions and Third Parties (Details)
12 Months Ended
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2025
CNY (¥)
Jun. 30, 2024
CNY (¥)
Debt Instrument [Line Items]        
Loan amount [1] $ 10,435,953 $ 12,922,221 ¥ 74,758,978 ¥ 93,908,363
Total 52,799,082 25,788,560 376,937,949 186,098,363
Less: current portion 20,624,062 25,788,560 146,448,978 186,098,363
Long term portion 32,175,020 230,488,971
China Construction Bank [Member]        
Debt Instrument [Line Items]        
Loan amount $ 209,392 $ 206,407 ¥ 1,500,000 ¥ 1,500,000
China Construction Bank [Member] | Long-Term Debt [Member]        
Debt Instrument [Line Items]        
Issuance Date October 12, 2024 October 11, 2023    
Expiration Date October 12, 2025 October 11, 2024    
Effective Interest Rate 3.10% 3.60% 3.10% 3.60%
China Construction BankOne [Member]        
Debt Instrument [Line Items]        
Loan amount $ 628,176 $ 1,169,639 ¥ 4,500,000 ¥ 8,500,000
China Construction BankOne [Member] | Long-Term Debt [Member]        
Debt Instrument [Line Items]        
Issuance Date October 23, 2024 October 25, 2023    
Expiration Date October 23, 2025 October 25, 2024    
Effective Interest Rate 2.80% 3.10% 2.80% 3.10%
China Construction Bank [Member]        
Debt Instrument [Line Items]        
Loan amount $ 558,378   ¥ 4,000,000  
China Construction Bank [Member] | Long-Term Debt [Member]        
Debt Instrument [Line Items]        
Issuance Date October 24, 2024      
Expiration Date October 24, 2025      
Effective Interest Rate 2.80%   2.80%  
Jiujiang Bank [Member]        
Debt Instrument [Line Items]        
Loan amount $ 209,392   ¥ 1,500,000  
Jiujiang Bank [Member] | Long-Term Debt [Member]        
Debt Instrument [Line Items]        
Issuance Date July 3, 2024      
Expiration Date July 2, 2025      
Effective Interest Rate 1.55%   1.55%  
Rizhao Bank [Member]        
Debt Instrument [Line Items]        
Loan amount $ 1,394,550   ¥ 9,990,000  
Rizhao Bank [Member] | Long-Term Debt [Member]        
Debt Instrument [Line Items]        
Issuance Date January 24, 2025      
Expiration Date January 24, 2026      
Effective Interest Rate 3.20%   3.20%  
Ningbo Yuyao Rural Commercial Bank [Member]        
Debt Instrument [Line Items]        
Loan amount $ 1,395,946 $ 3,122,247 ¥ 10,000,000 ¥ 22,690,000
Ningbo Yuyao Rural Commercial Bank [Member] | Long-Term Debt [Member]        
Debt Instrument [Line Items]        
Issuance Date April 3, 2025 From May 31, 2024, to June 18, 2024    
Expiration Date March 12, 2028 July 23, 2024, to August 12, 2024    
Effective Interest Rate 3.20% 5.00% 3.20% 5.00%
Syndicated loan [Member]        
Debt Instrument [Line Items]        
Loan amount [2] $ 27,931,343   ¥ 200,088,971  
Syndicated loan [Member] | Long-Term Debt [Member]        
Debt Instrument [Line Items]        
Issuance Date [2] From May 12, 2025 to June 27, 2025      
Expiration Date [2] December 31, 2029      
Effective Interest Rate 1.50%   1.50%  
Third party A [Member]        
Debt Instrument [Line Items]        
Loan amount $ 180,573 $ 180,573
Third party A [Member] | Long-Term Debt [Member]        
Debt Instrument [Line Items]        
Issuance Date May 24, 2025 May 24, 2024    
Expiration Date May 23, 2026 May 23, 2025    
Effective Interest Rate 3.00% 3.00% 3.00% 3.00%
Third party B [Member]        
Debt Instrument [Line Items]        
Loan amount [3] $ 2,847,730 $ 5,504,183 ¥ 20,400,000 ¥ 40,000,000
Third party B [Member] | Long-Term Debt [Member]        
Debt Instrument [Line Items]        
Issuance Date [3] January 16, 2025 January 17, 2024    
Expiration Date [3] January 17, 2027 January 17, 2025    
Effective Interest Rate 8.00% 8.00% 8.00% 8.00%
Third party C [Member]        
Debt Instrument [Line Items]        
Loan amount [4] $ 2,093,919   ¥ 15,000,000  
Third party C [Member] | Long-Term Debt [Member]        
Debt Instrument [Line Items]        
Issuance Date [4] From August 14 to 23, 2024      
Expiration Date [4] August 14, 2025      
Effective Interest Rate 5.00%   5.00%  
Third party C One [Member]        
Debt Instrument [Line Items]        
Loan amount [4] $ 1,395,946   ¥ 10,000,000  
Third party C One [Member] | Long-Term Debt [Member]        
Debt Instrument [Line Items]        
Issuance Date [4] December 30, 2024      
Expiration Date [4] June 30, 2025      
Effective Interest Rate 5.00%   5.00%  
Third party C [Member]        
Debt Instrument [Line Items]        
Loan amount [4] $ 1,116,757   ¥ 8,000,000  
Third party C [Member] | Long-Term Debt [Member]        
Debt Instrument [Line Items]        
Issuance Date [4] January 22, 2025      
Expiration Date [4] July 21, 2025      
Effective Interest Rate 5.00%   5.00%  
Third party D [Member]        
Debt Instrument [Line Items]        
Loan amount $ 1,005,081   ¥ 7,200,000  
Third party D [Member] | Long-Term Debt [Member]        
Debt Instrument [Line Items]        
Issuance Date December 6, 2024      
Expiration Date June 30, 2026      
Effective Interest Rate 5.00%   5.00%  
Third party E [Member]        
Debt Instrument [Line Items]        
Loan amount [4] $ 1,395,946   ¥ 10,000,000  
Third party E [Member] | Long-Term Debt [Member]        
Debt Instrument [Line Items]        
Issuance Date [4] January 16, 2025      
Expiration Date [4] July 15, 2025      
Effective Interest Rate 5.00%   5.00%  
CITIC Bank [Member]        
Debt Instrument [Line Items]        
Loan amount   $ 1,376,046   ¥ 10,000,000
CITIC Bank [Member] | Long-Term Debt [Member]        
Debt Instrument [Line Items]        
Issuance Date   November 30, 2023    
Expiration Date   November 29, 2024    
Effective Interest Rate   4.30%   4.30%
Huaxia Bank [Member]        
Debt Instrument [Line Items]        
Loan amount   $ 1,307,244   ¥ 9,500,000
Huaxia Bank [Member] | Long-Term Debt [Member]        
Debt Instrument [Line Items]        
Issuance Date   December 18, 2023    
Expiration Date   December 18, 2024    
Effective Interest Rate   4.50%   4.50%
[1] The Company entered into purchase financing agreements with three third parties, involving an aggregate principal amount of approximately $20.6 million (RMB 150 million) and $20.6 million (RMB 150 million), respectively, during the fiscal year ended June 30, 2025 and 2024. These agreements provide revolving short-term financing, under which the third parties advance funds to facilitate sales of the Company to customers with credit term requirements. The Company is obligated to repay the outstanding principal and interest to these third parties if the end customers default on their payments. The loans were charged at a fixed interest rate ranging from 6.84% to 11% per annum. Each of the revolving loan will be due within 30 to 45 days from the drawdown date. Subsequent to June 30, 2025, the outstanding balance of revolving loan were all paid off.
[2]

In March 2025, Net Plastic New Material entered into a syndicated bank loan agreement with four banks for an aggreate principal amount of approximately $36.3 million (RMB 260.0 million). The syndicated loan carries a floating interest rate, benchmarked against the 5-year LPR plus a fixed spread of 1.5%, which is reset annually. Additionally, the participating banks retain the right to unilaterally adjust the floating rate. As of June 30, 2025, the applicable interest rates ranged from 5.0% to 5.1%.

 

The interest payment is due quarterly. The term of the loan is 57 months from the first drawdown date on May 12, 2025, with principal repayments due pursuant to the repayment schedule outlined syndicated bank loan agreement.

[3] In January 2024, Net Plastic New Material entered into an investment agreement with Puyang Hongbo Fanxiang Entrepreneurs Service Co., Ltd (“Puyang Hongbo”), receiving approximately $5.5 million (RMB 40 million) as convertible debt. Pursuant to the agreement, there is a 12 months observation period, during which Puyang Hongbo has the right to convert all or a portion of the outstanding debt into equity of Net Plastic New Material at a fixed conversion price of RMB 1.00 per share. During the observation period and before the debt is converted to equity, the Company is obligated to pay interest at 8% per annum. Upon the expiry of observation period, any unconverted amount will automatically be extended with a maturity term of 36 months from the January 17, 2024. Net Plastic New Materia is obligated to repay the unconverted portion of principal and interest at 8% per annum.
[4] The loans from Third party C and E, totaling to $6,002,568 (approximately RMB 43,000,000) as of June 30, 2025 were subsequently extended by borrowers to March 31, 2026.