v3.25.4
Related Party Transactions (Tables)
12 Months Ended
Jun. 30, 2025
Related Party Transactions [Abstract]  
Schedule of Nature of Relationships with Related Parties

1) Nature of relationships with related parties

Name

 

Relationship with the Company

Jinchun Cheng

 

Controlling shareholder of the Company

Wuhu Xinkaishun Surface Treatment Co., Ltd. (“Wuhu Xinkaishun”)

 

An entity controlled by management of the Company

Anhui Pinqian Renewable Resources Utilization Co., Ltd. (“Anhui Pinqian”)

 

An entity controlled by management of the Company

Anhui Liangmao Renewable Resources Utilization Co., Ltd. (“Anhui Liangmao”)

 

An entity controlled by management of the Company

Anhui Jingwei Recycling Co., Ltd. (“Anhui Jingwei”)

 

An entity controlled by management of the Company

Wuhu Ruilian Ecological Agriculture Co., Ltd. (“Wuhu Ruilian”)

 

An entity owned by Jinchun Cheng’s wife

Wuhu Xinxu Logistics Co., Ltd. (“Xinxu Logistics”)

 

An entity controlled by management of the Company

Net outstanding balances with related parties consisted of the following as of June 30, 2025 and 2024:

Accounts

 

Name of related party

 

June 30,
2025

 

June 30,
2024

Due from related party:

     

 

   

 

 
   

Anhui Jingwei

 

$

 

 

5,228

Due to related party:

     

 

   

 

 
   

Jinchun Cheng

 

 

6,217,338

 

 

4,995,280

   

Anhui Liangmao

 

 

 

 

148,613

       

$

6,217,338

 

$

5,143,893