Loan Payables

12 Months Ended

Jun. 30, 2025

Loan Payables [Abstract]

LOAN PAYABLES

NOTE 10 – LOAN PAYABLES

As of June 30, 2025, the short-term and long-term loan payables consisted of nine loans which mature on dates ranging from April 17, 2025 through June 13, 2027 with interest rates ranging from 3.00% to 5.00%. No. 1 below was collateralized by Tianjuyuan’s land use right and building ownership right and guaranteed by the cash deposit. No. 2 was guaranteed by Beijing Huaixin Surety Co. Ltd (“Huaixin”). No. 3 was guaranteed by Huaixin and Jinong. No.4 was collateralized by Kingtone Information’s building ownership right. No. 5 to 7 below were collateralized by Jinong’s land use right and building ownership right. No. 8 to 9 were collateralized by Kingtone Information’s building ownership right and guaranteed by the legal representative of Yuxing.

No.	Payee	Loan period per agreement	Interest Rate			June 30, 2025
1	Beijing Bank -Pinggu Branch	June 16, 2025-June 16, 2026		3.20	%		1,395,900
2	Huaxia Bank -HuaiRou Branch	June 20, 2025-June 20, 2026		3.65	%		1,395,900
3	Pinggu New Village Bank	June 27, 2025-June 27, 2026		5.00	%		977,130
4	Industrial Bank Co. Ltd	July 5, 2024-July 4, 2026		3.55	%		424,354
5	Industrial Bank Co. Ltd	April 17, 2025-April 16, 2027		3.00	%		949,212
6	Xi’an Bank Co. Ltd	September 26, 2024-September 25, 2026		3.70	%		1,395,900
7	Xi’an Bank Co. Ltd	September 26, 2024-September 25, 2026		3.70	%		1,395,900
8	Chang’An Bank	June 14, 2024-June 13, 2027		4.00	%		1,884,465
9	Qinnong Bank	August 5, 2024-August 4, 2026		3.80	%		2,791,800
	Total					$	12,610,561

The interest expense from short-term loans was $468,000 and $292,186 for the year ended June 30, 2025 and 2024, respectively.