v3.26.3
Concentration and Risk (Tables)
 6 Months Ended 12 Months Ended
Dec. 31, 2025
Jun. 30, 2025
Concentration and Risk [Abstract]    
Schedule of Customer Concentration Risk

The following table sets forth a summary of single customers who represent 10% or more of the Group’s total revenue:

 

    As of  
    December 31,
2024		     December 31,
2025		  
    (Unaudited)     (Unaudited)  
Percentage of the Group’s total revenue            
Customer A     21 %     *  
Customer B     21 %     *  
Customer C     11 %     *  
Customer D     10 %     *  
Customer E     *       46 %

 

* Represented the percentage below 10%

 

The following table sets forth a summary of single customers who represent 10% or more of the Group’s total purchase:

 

    As of  
    December 31,
2024		     December 31,
2025		  
    (Unaudited)     (Unaudited)  
Percentage of the Group’s total cost of revenue            
Supplier A     12 %              *  
Supplier B     12 %     *  
Supplier C     10 %     *  
Supplier D     *       20 %
Supplier E     *       10 %

 

* Represented the percentage below 10%

 

The following table sets forth a summary of single customers who represent 10% or more of the Group’s accounts receivable.

 

    As of  
    June 30,
2025		     December 31,
2025		  
          (Unaudited)  
Percentage of the Group’s accounts receivable            
Customer C     29 %     *  
Customer E     14 %     *  
Customer F     14 %     10 %
Customer G     *       65 %

 

* Represented the percentage below 10%

 

The following table sets forth a summary of single suppliers who represent 10% or more of the Group’s total contract liabilities:

 

    As of  
    June 30,
2025		     December 31,
2025		  
          (Unaudited)  
Percentage of the Group’s contract liabilities            
Customer E     60 %     *  
Customer H     40 %     *  
Customer D     *       38 %
Customer I                *       31 %
Customer J              *       23 %

 

* Represented the percentage below 10%

 

The following table sets forth a summary of single suppliers who represent 10% or more of the Group’s advance to suppliers:

 

    As of  
    June 30,
2025		     December 31,
2025		  
          (Unaudited)  
Percentage of the Group’s total advance to suppliers            
Supplier F     55 %     40 %
Supplier G     18 %     *  
Supplier H     14 %     11 %
Supplier I     11 %     *  
Supplier J               *       19 %

 

* Represented the percentage below 10%

 

The following table sets forth a summary of single suppliers who represent 10% or more of the Group’s accounts payable:

 

    As of  
    June 30,
2025		     December 31,
2026		  
          (Unaudited)  
Percentage of the Group’s accounts payable            
Supplier F     19 %     17 %
Supplier G     16 %     14 %
Supplier H     10 %     *  
Supplier C       *       12 %

 

* Represented the percentage below 10%

The following table sets forth a summary of single customers who represent 10% or more of the Group’s total revenue.

 

    For the years ended June 30,  
    2023     2024     2025  
Percentage of the Group’s total revenue                  
Customer F     *       *       13 %
Customer I     *       *       13 %
Customer A     16 %     16 %     12 %
Customer B     *       10 %     *  
Customer C     21 %     *       *  
Customer D     18 %     *       *  
Customer E     11 %     *       *  

 

* Represented the percentage below 10%

The following table sets forth a summary of single customers who represent 10% or more of the Group’s total accounts receivable:

 

    As of June 30,  
    2024     2025  
Percentage of the Group’s accounts receivable            
Customer A     26 %     29 %
Customer G     *       14 %
Customer M     *       14 %
Customer H     17 %     *  
Customer B     12 %     *  
Customer I     11 %     *  
Customer C     10 %     *  

 

* Represented the percentage below 10%

 

The following table sets forth a summary of single customers who represent 10% or more of the Group’s total contract liabilities:

 

    As of June 30,  
    2024     2025  
Percentage of the Group’s contract liabilities            
Customer G     *       60 %
Customer N     *       40 %
Customer J     32 %     *  
Customer K     30 %     *  
Customer L     25 %     *  

 

* Represented the percentage below 10%

 

The following table sets forth a summary of single suppliers who represent 10% or more of the Group’s total purchases:

 

    For the years ended June 30,  
    2023     2024     2025  
Percentage of the Group’s total cost of revenue            
Supplier J     *       *       11 %
Supplier A     10 %     23 %     *  
Supplier B     *       16 %     *  
Supplier C     18 %     10 %     *  
Supplier D     20 %     *       *  
Supplier E     17 %     *       *  
Supplier F     10 %     *       *  

 

* Represented the percentage below 10%

The following table sets forth a summary of single suppliers who represent 10% or more of the Group’s advance to suppliers:

 

    As of June 30,  
    2024     2025  
Percentage of the Group’s advance to suppliers            
Supplier M     *       55 %
Supplier N     *       18 %
Supplier O     *       14 %
Supplier P     *       11 %
Supplier D     23 %     *  
Supplier I     22 %     *  
Supplier J     19 %     *  
Supplier E     12 %     *  
Supplier K     10 %     *  

 

* Represented the percentage below 10%

 

The following table sets forth a summary of single suppliers who represent 10% or more of the Group’s accounts payable:

 

    As of June 30,  
    2024     2025  
Percentage of the Group’s accounts payable            
Supplier C     *       19 %
Supplier H     11 %     16 %
Supplier Q     *       10 %
Supplier B     35 %     *  
Supplier L     22 %     *  
Supplier G     12 %     *  

 

* Represented the percentage below 10%