v3.25.3
Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Net loss $ (1,808,994) $ (798,804)
Adjustments to reconcile net income to net cash used in operating activities:    
Amortization expenses 25,612 20,982
Depreciation expenses 404,759 319,369
Gain on disposal of property, plant and equipment (4,211)
Interest expenses 3,379 3,831
Provision for the inventory 119,886
Allowance for Impairment of Other Receivables 5,912
Changes in operating assets and liabilities    
Accounts receivable 57,703 (23,942)
Inventories 369,372 (466,307)
Prepaid expenses and other current assets (1,291) 39,785
Operating lease Right of use assets 41,938
Accounts payable (17,826) 107,466
Accrued liabilities and other payable 45,290 3,491
Contract liabilities (45,562) 68,048
Operating lease liabilities (43,322)
Net cash used in operating activities (845,971) (727,465)
Cash flows from investing activities    
Acquisition of property, plant and equipment (46,158) (876,102)
Proceeds from disposal of property, plant and equipment 7,978
Net cash used in investing activities (38,180) (876,102)
Cash flows from financing activities    
Payment of interest (3,379) (3,831)
Advances from related parties, net 1,169,854 1,332,221
Principle payment on finance lease liabilities (21,068) (15,552)
Principal payments of bank loan, secured 169,269 (88,412)
Proceeds from notes payable, unsecured (18,231)
Short term borrowing 41,723 252,038
Net cash provided by financing activities 1,356,399 1,458,233
Effect of exchange rate changes on cash and cash equivalents (475,834) 49,058
Net changes in cash and cash equivalents (3,586) (96,276)
Cash and cash equivalents-beginning of the year 28,858 125,134
Cash and cash equivalents-ended of the year 25,272 28,858
Supplementary of cash flow information:    
Interest paid (123,168) (81,203)
Income taxes paid
Supplementary of non-cash information:    
Acquisition of factory building No. 5 with note payable, secured 975,162
Acquisition of two vehicles with note payable, secured (94,336)
Liabilities assumed in connection with purchase of vehicles $ 76,105