v3.25.2
Accounts Receivable, Net
 6 Months Ended
Dec. 31, 2024
Accounts Receivable, Net [Abstract]  
ACCOUNTS RECEIVABLE, NET

4. ACCOUNTS RECEIVABLE, NET 

 

As of December 31, 2024 and June 30, 2024, accounts receivable consisted of the following:

 

 

   As of
December 31,		   As of
June 30,		 
   2024   2024 
Accounts receivable        
- third parties  $39,768,793   $34,334,313 
- related parties   450,002    2,130,263 
Less: allowance for credit losses   
-
      
- third parties   (10,069,192)   (12,160,121)
- related parties   (70,292)   (1,513)
Accounts receivable, net  $30,079,311   $24,302,942 

 

The Company (reversed) a recorded credit loss of ($2,002,299) and $1,386,885 for the six months ended December 31, 2024 and 2023, respectively.