Restricted Net Assets (Tables)

12 Months Ended

Jun. 30, 2025

Restricted Net Assets [Abstract]

Schedule of Condensed Balance Sheets

Condensed Balance Sheets

	As of June 30,
	2025			2024
Assets
Current assets:
Cash and cash equivalents	$	3,156		$	2,721
Other current assets		10,117,052			169,071
Total current assets		10,120,208			171,791
Long-term equity investment		92,240,599			114,953,290
Total long-term assets		92,240,599			114,953,290
Total assets	$	102,360,807		$	115,125,082
Liabilities and shareholders’ equity
Current liabilities:
Accounts payable	$	214,520		$	214,520
Amount due to related parties		4,880,375			4,520,449
Other payables and accrued expenses		12,747,716			10,290,932
Total current liabilities		17,842,611			15,025,901
Shareholders’ equity
Common stock, $.001 par value, 115,197,165 shares authorized, 16,116,914 and 14,793,538 shares issued as of June 30, 2025 and June 30, 2024, respectively; 15,770,934 and 14,793,538 shares outstanding as of June 30, 2025 and June 30, 2024, respectively		16,117			14,794
Additional paid-in capital		246,306,702			244,825,844
Accumulated other comprehensive loss		(28,011,540	)		(26,550,536	)
Retained earnings		(133,793,083	)		(118,190,922	)
Total shareholders’ equity		84,518,196			100,099,180
Total liabilities and shareholders’ equity	$	102,360,807		$	115,125,082

Schedule of Condensed Statements of Operations

Condensed Statements of Operations

	Year ended June 30,
	2025			2024
Revenue	$	-		$	-
General and administrative expenses		3,939,125			3,854,944
Interest income		5			12
Equity investment in subsidiaries		(11,660,417	)		(24,550,383	)
Net loss	$	(15,599,537	)	$	(28,405,315	)

Schedule of Condensed Statements of Cash Flows

Condensed Statements of Cash Flows

	Year Ended June 30,
	2025			2024
Net cash used in operating activities	$	(383,186	)	$	(399,789	)
Net cash used in investing activities		-			(1,502,600	)
Net cash provided by financing activities		60,517			191,000
Cash and cash equivalents, beginning balance		338,961			2,050,350
Cash and cash equivalents, ending balance	$	16,292		$	338,961