| 19. | Due
From/(To) Related Parties |
The following is a list of
the related parties with whom the Group conducted transactions during the six months ended December 31, 2025, and for the years ended
June 30, 2025, and 2024, and their relation with the Group:
| Name of the related parties | | Relation with the Group | | Tingjun Yang | | Chief Executive Officer and Director | | Hailiang Jia | | Chief Financial Officer | | Shu Sang Joseph Law | | Shareholder | | Jianping Niu | | Shareholder | | Huabei Zhu | | Shareholder | | Guangzhou Sanyi Network | | Former related party (ownership reduced from 40% to 0% in current period, no longer a related party post-disposal) |
| | |
As
of December 31, 2025 | | |
As
of June 30,
2025 | |
| | |
US$ | | |
US$ | |
| Due from related parties | |
| | |
| |
| Jianping
Niu | |
$ | 30 | | |
$ | 30 | |
| | |
| | | |
| | |
| Huabei
Zhu | |
$ | 28 | | |
$ | 28 | |
| Shu
Sang Joseph Law | |
$ | 58,758 | | |
$ | 58,267 | |
| | |
$ | 58,816 | | |
$ | 58,325 | |
Due
from related parties represents cash advanced to these related parties to use for the Company’s operations.
| | |
As of December 31, | | |
As of June 30, | |
| | |
2025 | | |
2025 | |
| | |
US$ | | |
US$ | |
| Due to a related party – non-current | |
| | |
| |
| Tingjun
Yang | |
$ | 62,200 | | |
$ | 63,000 | |
| Guangzhou
Sanyi Network * | |
$ | - | | |
$ | 1,619,884 | |
| | |
$ | 62,200 | | |
$ | 1,626,184 | |
| * | On December 25, 2025, the Company sold its remaining 40% equity interest in Guangzhou Sanyi Network, completing the full divestment of the entity. |
Due
to related parties represents interest-free loan payable on money borrowed by the Company and used for daily operation. These amounts
are settled on demand.
As
of the date of this financial statement, nil of the payable has been settled.
|