Consolidated Balance Sheets - USD ($)	Jun. 30, 2024	Jun. 30, 2023
Current assets
Cash and cash equivalents	$ 58,772,587	$ 71,142,188
Digital assets	53,693	210,342
Accounts receivable, net	16,493,068	16,455,734
Inventories, net	37,826,456	46,455,131
Advances to suppliers, net	12,110,034	14,332,715
Other current assets	2,430,052	2,631,049
Total current assets	127,685,890	151,227,159
Non-current assets:
Plant, property and equipment, net	14,021,292	16,690,245
Intangible assets, net	13,313,157	13,563,635
Other non-current assets	8,226,344	5,200,325
Total non-current assets	35,560,793	35,454,205
Total assets	163,246,683	186,681,364
Current liabilities
Accounts payable	1,685,725	2,100,449
Customer deposits	4,937,207	5,489,781
Accrued expenses and other payables	14,909,843	14,929,427
Taxes payable	26,781,175	27,070,961
Short term loans	7,466,250	5,346,640
Total Current liabilities	61,291,253	60,376,467
Long-term loans	1,856,250	937,040
Total non-current liabilities	1,856,250	937,040
Total liabilities	63,147,503	61,313,507
Commitments and Contingencies
Shareholders’ equity
Preferred Stock, $.001 par value, 20,000,000 shares authorized, 0 shares issued and outstanding as of June 30, 2024 and June 30, 2023, respectively
Common stock, $.001 par value, 115,197,165 shares authorized, 14,793,538 and 13,380,914 shares issued and outstanding as of June 30, 2024 and June 30, 2023, respectively	14,794	13,381
Additional paid-in capital	244,825,844	242,090,576
Statutory reserve	26,728,079	26,728,079
Retained earnings	(144,919,001)	(116,513,686)
Accumulated other comprehensive loss	(26,550,536)	(26,950,493)
Total Shareholders’ Equity	100,099,180	125,367,857
Total Liabilities and Stockholders’ Equity	163,246,683	186,681,364
Related Party
Current liabilities
Amount due to related parties	$ 5,511,053	$ 5,439,209