v3.26.1
Employee Defined Contribution Plan
12 Months Ended
Jun. 30, 2025
Retirement Benefits [Abstract]  
Employee Defined Contribution Plan

14. Employee Defined Contribution Plan

 

Full time employees of the Group’s subsidiaries in PRC participate in a government mandated defined contribution plan, pursuant to which certain pension benefits, medical care, employee housing fund and other welfare benefits are provided to employees. The related labor regulations of PRC require that the Group make contributions to the government for these benefits based on certain percentages of the employees’ salaries. The Group has no legal obligation for the benefits beyond the contributions made. The total amounts for such employee benefits were US$96,963 and US$116,012 for the years ended June 30, 2025 and 2024, respectively.