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4287

Details of the significant subsidiaries of the Company are set out below: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="border-bottom: Black 1.5pt solid; vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">Name of Entity</td> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1.5pt; vertical-align: bottom;"> </td> <td style="border-bottom: Black 1.5pt solid; vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">Date of Incorporation/ Acquisition</td> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: right; padding-bottom: 1.5pt; vertical-align: top;"> </td> <td style="border-bottom: Black 1.5pt solid; vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">Place of Incorporation</td> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1.5pt; vertical-align: bottom;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">Percentage of Equity Ownership</td> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: right; padding-bottom: 1.5pt; vertical-align: top;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1.5pt; vertical-align: bottom;"> </td> <td style="border-bottom: Black 1.5pt solid; vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">Principal Activities</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; width: 27%; text-align: center; padding-left: 10pt;">Qiner Co., Limited (“Qiner”)</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; width: 1%; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; width: 27%; text-align: center;">Incorporated on April 21, 2017</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right; width: 1%; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; width: 16%; text-align: center;">Hong Kong, China</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; width: 1%; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: center;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 9%; text-align: right;">100</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 1%; text-align: right;">%</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; width: 1%; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; width: 15%; text-align: center;">Holding Company</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center; padding-left: 10pt;">Qinheng Co., Limited (“Qinheng”)</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Incorporated on June 9, 2017</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Hong Kong, China</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: right;">100</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: right;">%</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Holding Company</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center; padding-left: 10pt;">Shanghai Qincheng Information Technology Co., Ltd. (“CLPS QC” or “WOFE”)</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Incorporated on August 4, 2017</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Shanghai, China</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: right;">100</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: right;">%</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Holding Company</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center; padding-left: 10pt;">Shanghai Chenqin Information Technology Services Co., Ltd.</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Incorporated on May 31, 2021</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Shanghai, China</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: right;">100</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: right;">%</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Holding Company</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center; padding-left: 5pt;">CLPS Shanghai Co., Ltd. (“CLPS Shanghai”, formerly ChinaLink Professional Service Co., Ltd.)</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Incorporated on August 30, 2005</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Shanghai, China</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: right;">100</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: right;">%</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Software development</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center; padding-left: 10pt;">CLPS Dalian Co., Ltd. (“CLPS Dalian”)</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Incorporated on May 25, 2011</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Dalian, China</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: right;">100</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: right;">%</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Software development</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center; padding-left: 10pt;">CLPS Beijing Hengtong Co., Ltd. (“CLPS Beijing”)</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Incorporated on March 30, 2015</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Beijing, China</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: right;">100</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: right;">%</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Software development</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center; padding-left: 10pt;">CLPS Technology (Singapore) Pte. Ltd. (“CLPS SG”)</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Incorporated on August 18, 2015</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Singapore</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: right;">100</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: right;">%</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Software development</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center; padding-left: 10pt;">CLPS Technology (Hong Kong) Co., Limited (“CLPS Hong Kong”)</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Incorporated on January 7, 2016</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Hong Kong, China</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: right;">100</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: right;">%</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Software development</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center; padding-left: 10pt;">JAJI (Shanghai) Co., Ltd (“JAJI China”, formerly, Judge (Shanghai) Co., Ltd.)</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Acquired on November 9, 2016</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Shanghai, China</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: right;">60</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: right;">%</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Software development</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center; padding-left: 10pt;">CLPS Shenzhen Co., Ltd. (“CLPS Shenzhen”)</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Incorporated on April 7, 2017</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Shenzhen, China</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: right;">100</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: right;">%</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Software development</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center; padding-left: 10pt;">CLPS Guangzhou Co., Ltd. (“CLPS Guangzhou”)</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Incorporated on September 27, 2017</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Guangzhou, China</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: right;">100</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: right;">%</td> <td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Software development</td> </tr></tbody></table><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="vertical-align: bottom; border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">Name of Entity</td> <td style="text-align: center; font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; vertical-align: bottom;"> </td> <td style="border-bottom: Black 1.5pt solid; vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">Date of Incorporation/ Acquisition</td> <td style="text-align: center; font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; vertical-align: bottom;"> </td> <td style="border-bottom: Black 1.5pt solid; vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">Place of Incorporation</td> <td style="text-align: center; font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; vertical-align: bottom;"> </td> <td colspan="2" style="vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">Percentage of Equity Ownership</td> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: right; padding-bottom: 1.5pt; vertical-align: top;"> </td> <td style="text-align: center; font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; vertical-align: bottom;"> </td> <td style="border-bottom: Black 1.5pt solid; vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">Principal Activities</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 27%; text-align: center; padding-left: 10pt;">CLPS Hangzhou Co. Ltd. (“CLPS Hangzhou”)</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; width: 27%; text-align: center;">Incorporated on July 31, 2019</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; width: 16%; text-align: center;">Hangzhou, China</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">100</td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: right;">%</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; width: 15%; text-align: center;">Software development</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center; padding-left: 10pt;">CLPS Technology & Services Pte. Ltd. (“CLPS Tech Services”), formerlyRidik Pte. Ltd. </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Acquired on September 26, 2019</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Singapore</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: right;">100</td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: right;">%</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Software development</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center; padding-left: 10pt;">Ridik Software Solutions Pte. Ltd. (“Ridik Software Pte.”)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Acquired on September 26, 2019</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Singapore</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: right;">100</td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: right;">%</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Software development</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center;">Qinson Credit Card Services Limited (“Qinson”)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Incorporated on December 31, 2019</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Hong Kong, China</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: right;">100</td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: right;">%</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;"> Software development</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center; padding-left: 10pt;">CLPS Technology (California) Inc. (“CLPS California”)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Incorporated on January 2, 2020</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">California, the United States of America</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: right;">100</td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: right;">%</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;"> Software development</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center; padding-left: 10pt;">Hainan Qincheng Software Technology Co., Ltd. (“Hainan Qincheng”)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Incorporated On January 20, 2021</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Hainan, China</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: right;">100</td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: right;">%</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;"> Software development</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center; padding-left: 10pt;">CLPS Xi’an Co., Ltd.</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Incorporated On April 15, 2021</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Xi’an, China</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: right;">100</td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: right;">%</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;"> Software development</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center; padding-left: 10pt;">College of Allied educators Pte. Ltd. (“CAE”)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Acquired on January 3, 2024</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Singapore</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: right;">100</td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: right;">%</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center;">Academic education</td> </tr></tbody></table>

2017-04-21

Hong Kong, China

Holding Company

2017-06-09

Hong Kong, China

Holding Company

2017-08-04

Shanghai, China

Holding Company

2021-05-31

Shanghai, China

Holding Company

2005-08-30

Shanghai, China

Software development

2011-05-25

Dalian, China

Software development

2015-03-30

Beijing, China

Software development

2015-08-18

Singapore

Software development

2016-01-07

Hong Kong, China

Software development

2016-11-09

Shanghai, China

0.60

Software development

2017-04-07

Shenzhen, China

Software development

2017-09-27

Guangzhou, China

Software development

2019-07-31

Hangzhou, China

Software development

2019-09-26

Singapore

Software development

2019-09-26

Singapore

Software development

2019-12-31

Hong Kong, China

Software development

2020-01-02

California, the United States of America

Software development

2021-01-20

Hainan, China

Software development

2021-04-15

Xi’an, China

Software development

2024-01-03

Singapore

Academic education

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of presentation and principles of consolidation The accompanying consolidated financial statements have been prepared in accordance with the United States generally accepted accounting principles (“U.S. GAAP”). The accompanying consolidated financial statements include the financial statements of CLPS and its subsidiaries. All inter-company balances and transactions have been eliminated upon consolidation. Results of subsidiaries and businesses acquired from third parties are consolidated from the date on which control is transferred to the Company. Use of estimates and assumptions In preparing the consolidated financial statements in conformity with U.S. GAAP, management makes estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates are based on information as of the date of the consolidated financial statements. Significant estimates required to be made by management include, but are not limited to, allowance for expected credit losses, useful lives of property and equipment and intangible assets, goodwill impairment, impairment of long-lived assets and long-term investments, provision for accrued expenses and other current liabilities, valuation allowance of deferred tax assets, provision for uncertain tax positions, incremental borrowing rates for operating lease liabilities, fair value measurements of equity investments without readily determinable fair values, fair value of warrants and fair value of and estimated forfeitures for share-based compensation. Actual results could differ from those estimates. Cash and cash equivalents Cash and cash equivalents primarily consist of cash and bank deposits, which are unrestricted as to withdrawal and use. The Company considers all highly liquid investment instruments with an original maturity of three months or less from the date of purchase to be cash equivalents. Deposits in the licensed banks in mainland China are protected by Deposit Insurance System (“DIS”) managed by the People’s Bank of China (“PBOC”) up to a limit of Renminbi (“RMB”) 500,000. Hong Kong has an official Deposit Protection Scheme (“DPS”). Deposits in the licensed banks in Hong Kong are protected by DPS, up to a limit of Hong Kong Dollar (“HKD”) 800,000. Restricted cash As of June 30, 2026, substantially all of the Group’s restricted cash was held by financial institutions located in Chinese mainland and mainly represents cash secured to guarantee deposits. Accounts receivable and allowance for credit losses The Company maintains an allowance for credit losses and records the allowance for credit losses as an offset to accounts receivable and contract assets and the estimated credit losses charged to the allowance is classified as “General and administrative expenses” in the consolidated statements of comprehensive loss. The Company assesses collectability by reviewing accounts receivable and contract assets on a collective basis where similar characteristics exist, primarily based on similar business line, service or product offerings and on an individual basis when the Company identifies specific customers with known disputes or collectability issues. In determining the amount of the allowance for credit losses, the Company considers historical collectability based on past due status, the age of the balances, credit quality of the Company’s customers based on ongoing credit evaluations, and current economic conditions, reasonable and supportable forecasts of future economic conditions, and other factors that may affect the Company’s ability to collect from customers. On July 1, 2025, the Company adopted Accounting Standard Update (“ASU”) 2025-05, Financial Instruments — Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets (“ASU 2025-05”) and determines the amount of allowance for credit losses based on historical loss experiences. Delinquent account balances are written-off after management has determined that the likelihood of collection is not probable. Investments in debt securities The Company accounts for investments in debt securities in accordance with ASC Topic 320, Investments—Debt Securities (“ASC 320”). The Company classifies the investments in debt securities as “held-to-maturity”, “trading” or “available-for-sale”, whose classification determines the respective accounting methods stipulated by ASC 320. Dividend and interest income, including amortization of the premium and discount arising at acquisition, are included in earnings. Any realized gains or losses on the sale of the investments are determined on a specific identification method, and such gains and losses are reflected in earnings during the period in which gains or losses are realized. The securities that the Company has the positive intent and the ability to hold to maturity are classified as held-to-maturity securities and stated at amortized cost. Investments in equity securities Equity investments with readily determinable fair value, except for those accounted for under the equity method and those that result in consolidation of the investee, are measured at fair value, and any changes in fair value are recognized in the consolidated statements of comprehensive loss. Investments in entities where the Company has significant influence but does not control are accounted for using the equity method in accordance with ASC Topic 323, Investments—Equity Method and Joint Ventures. The Company recognizes its proportionate share of the investee’s earnings or losses in the consolidated statements of comprehensive loss. Adjustments to the equity method include the Company’s share of investee income or loss, differences between the carrying value and the Company’s equity in the investee’s net assets at acquisition, impairments, and other required adjustments. The Company evaluates its equity investments for other-than-temporary impairment by considering factors such as current economic and market conditions, investee operating performance, industry and geographic trends, liquidity, debt levels, cash burn rate, and other relevant information. Gains or losses on disposal are recognized in the consolidated statements of comprehensive loss, measured as the difference between proceeds received and the carrying amount of the investment. The Company applies the measurement alternative under ASC Topic 321, Investments—Equity Securities, to account for these investments at cost minus impairment, adjusted for observable price changes in orderly transactions for identical or similar investments of the same issuer. These investments are measured at fair value on a nonrecurring basis when events or changes in circumstances indicate a significant adverse effect. An impairment loss is recognized in the consolidated statements of comprehensive loss if the carrying amount exceeds the fair value. For the years ended June 30, 2026, 2025 and 2024, no such investments were remeasured, and no unrealized gains or losses were recognized. For investments in a private equity fund where the Company lacks the ability to exercise significant influence, the Company uses the net asset value (NAV) per share as a practical expedient under ASC Topic 820, Fair Value Measurements and Disclosures (“ASC 820”). Noncontrolling interests The noncontrolling interests are presented in the consolidated balance sheets, separately from equity attributable to the shareholders of the Company. Noncontrolling interests in the results of the Company are presented on the consolidated statements of comprehensive loss as an allocation of the total income or loss for the year between noncontrolling interest holders and the shareholders of the Company. Property and equipment, net Property and equipment, net, are stated at cost less accumulated depreciation and impairment, if any. The straight-line method is used to compute depreciation over the estimated useful lives of the assets, as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: center;">Useful life</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"><td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; width: 69%; text-align: left;">Leasehold improvements</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 30%; text-align: center;">The shorter of remaining lease terms or the estimated useful lives</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify;">Transportation equipment</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center;">5-10 years</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify;">Equipment and office furniture</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center;">1-5 years</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify;">Office buildings</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center;">31 or 50 years</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify;">Office building related facilities, machinery and equipment</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center;">1-5 years</td> </tr></tbody> </table> Expenditures for maintenance and repairs, which do not materially extend the useful lives of the assets, are charged to expense as incurred. Expenditures for major renewals and betterments which substantially extend the useful life of assets are capitalized. The cost and related accumulated depreciation of assets retired or sold are removed from the respective accounts, and any gain or loss is charged to the consolidated statements of comprehensive loss. Intangible assets, net Intangible assets, net, are carried at cost less accumulated amortization and any recorded impairment. Intangible assets acquired through business combinations are recognized as assets separate from goodwill if they satisfy either the “contractual-legal” or “separability” criterion, and are measured at fair value upon acquisition. Amortization is computed using the straight-line method over the following estimated useful lives as it reflects the estimated pattern in which the economic benefits of the intangible assets are to be consumed: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: white;"><td style="font: 10pt Times New Roman, Times, Serif; width: 69%; text-align: justify;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: justify;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; width: 30%; text-align: center;">Useful life</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255);"><td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;">Customer relationship</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: justify;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center;">10 years</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;">Client lists</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: justify;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center;">2 years</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255);"><td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;">Software</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: justify;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center;">3 – 10 years</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;">License</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: justify;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center;">20 years</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255);"><td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;">Collaboration agreement</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: justify;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center;">4 years</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;">Others</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: justify;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center;">3 years</td> </tr></tbody> </table> The Company does not have any indefinite-lived intangible assets. Goodwill Goodwill represents the excess of the consideration over the fair value of the net assets acquired at the date of acquisition. Goodwill is allocated to applicable reporting units. Upon disposition of a business entity, goodwill is allocated to the disposed entity based on the relative fair value of that entity compared to the fair value of the reporting unit in which it was included. Goodwill is not amortized but rather tested for impairment at least annually at the reporting unit level by applying a fair-value based test in accordance with accounting and disclosure requirements for goodwill. This test is performed by management annually or more frequently if the Company believes impairment indicators are present. The Company has the option to assess qualitative factors first to determine whether it is necessary to perform the two-step test in accordance with ASC Topic 350-20, Intangibles - Goodwill and Other. In the qualitative assessment, the Company considers primary factors such as industry and market considerations, overall financial performance of the reporting unit, and other specific information related to the operations. If the Company believes, as a result of the qualitative assessment, that it is more likely than not that the fair value of the reporting unit is less than its carrying amount, the quantitative impairment test is required. Otherwise, no further testing is required. In performing quantitative impairment test, the Company compares the carrying amount of the reporting unit to the fair value of the reporting unit based on estimated fair value using a combination of the income approach and the market approach. If the fair value of the reporting unit exceeds the carrying value of the reporting unit, goodwill is not impaired. If the carrying value of the reporting unit exceeds the fair value of the reporting unit, an impairment loss shall be recognized in an amount equal to that excess. Impairment of long-lived assets The Company reviews its long-lived assets, other than goodwill, including property and equipment and intangible assets with definite lives for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may no longer be recoverable in accordance with ASC Topic 360, Property, Plant and Equipment. When these events occur, the Company assesses recoverability by comparing the carrying values of the long-lived assets to the estimated undiscounted future cash flows expected to result from the use of the assets and their eventual disposition. If the sum of the expected undiscounted cash flows is less than the carrying amounts of the assets, the Company would recognize an impairment loss based on the excess of the carrying value over the fair value of the assets and record the impairment in earnings. The adjusted carrying amount of the asset becomes the new cost basis and depreciated over the asset’s remaining useful life. Long-lived assets are grouped with other assets and liabilities at the lowest level for which identifiable cash flows are largely independent of the cash flows of other assets and liabilities for the purpose of impairment testing. No impairment losses were provided for the years ended June 30, 2026, 2025 and 2024. Revenue recognition The Company accounts for revenue recognition in accordance with ASC Topic 606, Revenue from contracts with Customers (“ASC 606”). Revenue is recognized when control of promised goods or services is transferred to the Company’s customers in an amount of consideration to which an entity expects to be entitled to in exchange for those services. IT consulting services IT consulting services are time-and-expense basis contracts. The series of IT consulting services are substantially the same from day to day, and each day of the service is considered to be distinct and separately identifiable as it benefits the customer daily. Further, the uncertainty related to the service consideration is resolved on a daily basis as the Company satisfies its obligation to perform IT service daily with enforceable right to payment for performance completed to date. Thus, revenue is recognized as service is performed and the customer simultaneously receives and consumes the benefits from the service daily. Payment terms and conditions vary by customer and are based on the billing schedule established in our contracts with customers, but the Company generally provides credit terms to customers ranging from one to three months. Therefore, the Company has determined that its contracts do not include a significant financing component. Customized IT solution service Customized IT solution contracts require the Company to perform services for systems design, planning and integrating based on customers’ specific needs which requires significant production and customization. The required customization work period is generally less than one year. Upon delivery of the services, customer acceptance is generally required. In the same contract, the Company is generally required to provide post-contract customer support (“PCS’) for a period from three months to one year (“PCS period”) after the customized application is delivered. The type of service for PCS is stand-ready service on when-and-if-available basis. There are two performance obligations identified in the customized IT solution contract: the delivery of customized IT solution service and the completion of the PCS. The transaction price is allocated between the two performance obligations based on the relative standalone selling price, estimated using the cost plus method. The Company recognizes revenue for the delivery of customized IT solution service at a point in time when the system is implemented and accepted by the customer. Where the Company has enforceable right to payment for performance completed to date, revenue is recognized over time, using the output method. Revenue for PCS is recognized ratably over time as the customer simultaneously receive and consume the benefits throughout the PCS period. Differences between the timing of billings and the recognition of revenues are recorded as contract assets which is included in the prepayments, deposits and other assets, net, or contract liabilities on the consolidated balance sheets. Contract assets are classified as current assets and the full balance is reclassified to accounts receivables when the right to payment becomes unconditional. There is no significant financing component. Costs incurred in advance of revenue recognition arising from direct and incremental staff costs in respect of services provided under the fixed fee contracts according to the customer’s requirements prior to the delivery of services are recorded as deferred contract costs which is included in the prepayments, deposits and other assets, net on the consolidated balance sheets. Such deferred contract costs are recognized upon the recognition of the related revenues. Academic education service The Company engages in providing programs, short courses, and workshops to train and help individuals and professionals in counselling, psychology, and allied health and science. The Company’s academic education service revenue from the provision of formal educational services is in consideration of fixed amounts of tuition. The typical service period for academic education revenue ranges from 6 to 15 months. Tuition fees from the provision of formal education services received from students are generally paid in advance prior to the beginning of each course, and are initially recorded as contract liabilities, which is reflected as a current liability as such amounts represent revenue that the Company expects to recognize within one year. Tuition fees from the provision of formal education services are recognized proportionately over the relevant period of the respective program. Other contracts Other contracts primarily comprise of the sales of headhunting services, consulting, administrative services and software. Revenue from headhunting services is recognized at a point in time when control is transferred to the customers, which generally occurs when the goods or services are accepted by customers. Revenue from consulting and administrative services is recognized over time as the customer simultaneously receives and consumes the benefits from the service as the Company performs. The balances of contract assets were $698,006 and $320,348 as of June 30, 2026 and 2025, respectively, which were included in prepayments, deposits and other assets, net on the consolidated balance sheets. The increase in contract assets is mainly due to a significant rise in new projects with recognized revenue but pending billing at period-end.. The balances of contract liabilities were $2,705,511 and $2,470,135 as of June 30, 2026 and 2025, respectively. The balance is primarily related to unsatisfied performance obligations under IT solution service and academic education service which is expected to be recognized as revenues over the remaining contract period. The increase in contract liabilities is mainly due to a significant rise in new projects with uncompleted acceptance at period-end. Revenue recognized in the year ended June 30, 2026 that was included in the contract liability balance at the beginning of the period was $2,470,135. This revenue was driven primarily by IT solution service and academic education service performance obligations being satisfied. The Company does not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less and (ii) contracts for which the Company recognizes revenue at the amount to which it has the right to invoice for services performed. Revenue includes reimbursements of travel and out-of-pocket expense, with equivalent amounts of expense recorded in cost of revenues. The Company is subject to value added tax (the “VAT”) that is imposed on and concurrent with the revenues earned for services provided in mainland China. The Company’s applicable value added tax rate is 6%. VAT are recorded as reduction of revenues when incurred. The Company’s disaggregated revenue disclosures are presented in Note 20. Cost of revenues Cost of revenues of IT consulting services and customized IT solution services mainly consisted of compensation expenses for the Company’s IT professionals, travel expenses and material costs. Cost of revenue of academic education services consists primarily of staff costs, education expenses and others. Research and development expenses Research and development expenses are incurred in the development of new software modules and products in conjunction with anticipated customer projects. Technological feasibility for the Company’s software products is reached before the products are released for sale. To date, expenditures incurred after technological feasibility was established and prior to completion of software development have not been material, and accordingly, the Company has expensed all costs when incurred. Government subsidies Government subsidies are received from provincial and local governments for operating a business in their jurisdictions and compliance with specific policies promoted by the local governments. Such subsidies allow the Company’s full discretion to utilize the funds and are used by the Company for general corporate purposes. During the years ended June 30, 2026, 2025 and 2024, the Company received financial subsidies of $733,657, $1,294,964 and $1,363,757, respectively, from various local mainland China government authorities. There are no defined rules and regulations to govern the criteria necessary for companies to receive such benefits, and the amount of financial subsidy is determined at the discretion of the relevant government authorities. Such amounts are recorded as other subsidies and operating income when received as the amount of the subsidies and the timing of payment are determined solely at the discretion of the relevant government authorities and there is no assurance that the Company will continue to receive any or similar subsidies in the future. Leases The Company determines whether an arrangement is or contains a lease at inception. The Company has elected the practical expedient for the short-term lease exemption for contracts with lease terms of 12 months or less. For operating leases, the Company records a lease liability and corresponding right-of-use (“ROU”) asset at lease commencement. Lease terms are based on the non-cancellable term of the lease and may contain options to extend the lease when it is reasonably certain that the Company will exercise the option. Lease liabilities represent the present value of the lease payments not yet paid, discounted using the discount rate for the lease at lease commencement. The Company estimates its incremental borrowing rate for its leases at the commencement date to determine the present value of future lease payments when the implicit rate is not readily determinable in the lease. In estimating its incremental borrowing rate, the Company considers its credit rating and publicly available data of borrowing rates for loans of similar amount, currency and term as the lease. Operating lease expense is recognized on a straight-line basis over the lease term. Income taxes The Company accounts for current income taxes in accordance with the laws of the relevant tax authorities. Deferred income taxes are recognized when temporary differences exist between the tax bases of assets and liabilities and their reported amounts in the consolidated financial statements. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period including the enactment date. Valuation allowances are established to reduce deferred tax assets to the amount expected to be realized, when it is more-likely-than-not that some portion, or all, of the deferred tax assets will not be realized. The Company accounts for uncertainties in income taxes in accordance with ASC Topic 740, Income Taxes (“ASC 740”). An uncertain tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. Penalties and interest incurred related to underpayment of income tax are classified as income tax expense in the consolidated statements of comprehensive loss in the period incurred. Warrants Equity-classified warrants are initially measured at the grant date fair value. Subsequent changes in fair value are not recognized as long as the contract continues to be classified in equity. The Company, with the assistance of an independent third-party valuation firm, used the Black-Scholes pricing model to estimate the fair value of warrants. The determination of estimated fair value of warrants on the grant date was mainly affected by the Company’s stock price as well as assumptions regarding a number of subjective variables. These variables include the Company’s expected stock price volatility over the expected term of the awards, a risk-free interest rate and any expected dividends. Share-based payment The Company accounts for share-based payment in accordance with ASC Topic 718, Compensation-Stock Compensation (“ASC 718”). Share awards issued to employees and directors, including employee stock option plans (“ESOPs”) and restricted share units (“RSUs”) are measured at fair value at the grant date. The Company, with the assistance of an independent third-party valuation firm, determined the fair value of the share options granted to employees. The Company uses the binomial lattice model to estimate the fair value of ESOPs, and uses the closing stock price at the grant date to measure the fair value of RSUs. The Company recognizes compensation expenses, net of forfeitures, using the accelerated method over the requisite service periods. Forfeitures are estimated at the time of grant and revised in subsequent periods if actual forfeitures differ from those estimates. The Company uses historical data to estimate pre-vesting ESOPs and RSUs’ forfeitures and records share-based compensation expense only for those awards that are expected to vest. Treasury share Treasury shares represent ordinary shares repurchased by the Company that are no longer outstanding and are held by the Company. Treasury shares are accounted for under the cost method. Under this method, repurchase of ordinary shares was recorded as treasury shares at historical purchase price. Earnings per share Basic earnings per share is computed using the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed using the weighted average number of common shares and potential common shares outstanding during the period, which may include RSUs, options and warrants. The computation of diluted earnings per share does not assume conversion, exercise, or contingent issuance of securities that would have an anti-dilutive effect (i.e. an increase in earnings per share amounts) on earnings per share. Foreign currency The functional currency of the Company is US$. The functional currencies of the Company’s subsidiaries are the local currency of the country in which the subsidiary operates, which is determined based on ASC Topic 830, Foreign Currency Matters (“ASC 830”). Transactions denominated in foreign currencies are re-measured into the functional currency at the exchange rates as set forth in the H.10 statistical release of the U.S. Federal Reserve Board prevailing on the transaction dates. Monetary assets and liabilities denominated in foreign currencies are re-measured at the exchange rates prevailing at the balance sheet dates. Non-monetary items that are measured in terms of historical costs in foreign currency are re-measured using the exchange rates at the dates of the initial transactions. Exchange gains and losses are included in the consolidated statements of comprehensive loss. The Company’s financial statements are reported using US$. The financial statements of the Company’s subsidiaries whose functional currencies are not US$ are translated from the functional currency to the reporting currency. Assets and liabilities are translated at the exchange rates at the balance sheet dates, equity accounts are translated at historical exchange rates and revenues, expenses, gains and losses are translated using the average rate for the year. Translation adjustments are reported as accumulated comprehensive loss and are shown as a separate component of other comprehensive income (loss) in the consolidated statements of comprehensive loss. Fair value of financial instruments ASC 820 defines fair value, establishes a framework for measuring fair value and expands disclosures about fair value measurements. ASC 820 requires disclosures to be provided for fair value measurements. ASC 820 describes three main approaches to measuring the fair value of assets and liabilities: (1) market approach; (2) income approach; and (3) cost approach. The market approach uses prices and other relevant information generated from market transactions involving identical or comparable assets or liabilities. The income approach uses valuation techniques to convert future amounts to a single present value amount. The measurement is based on the value indicated by current market expectations about those future amounts. The cost approach is based on the amount that would currently be required to replace an asset. Financial instruments of the Company primarily consist of cash and cash equivalents, accounts receivable, other assets, note receivables, amounts due from related parties, equity investments without readily determinable fair values, equity method investments, investments in private equity funds, investments in debt securities, accounts payable and other current liabilities, amounts due to related party, short-term bank loans and long-term bank loans. The carrying amounts of these financial instruments, except for equity investments without readily determinable fair values, equity method investments, held-to-maturity debt securities and long-term bank loans, approximate their fair values primarily because of their generally short-term maturities. Comprehensive income (loss) Comprehensive income (loss) is defined as the changes in equity of the Company during a period from transactions and other events and circumstances excluding transactions resulting from investments by owners and distributions to owners. Accumulated other comprehensive income (loss) of the Company includes foreign currency translation adjustments related to the Company’s subsidiaries whose functional currency is not US$. Statements of cash flows In accordance with ASC Topic 230, Statement of Cash Flows (“ASC 230”), cash flows from the Company’s operations are formulated based upon the local currencies. As a result, amounts related to assets and liabilities reported on the statements of cash flows will not necessarily agree with changes in the corresponding balances on the balance sheets. Concentrations and risks - Foreign currency risk A majority of the transactions of the Company’s mainland China subsidiaries are denominated in Renminbi (“RMB”) and a significant portion of the Company and its subsidiaries’ assets and liabilities are denominated in RMB. RMB is not freely convertible into foreign currencies. In mainland China, certain foreign exchange transactions are required by law to be transacted only by authorized financial institutions. Remittances in currencies other than RMB by the Company in China must be processed through PBOC or other China foreign exchange regulatory bodies which require certain supporting documentation in order to affect the remittance. RMB appreciated by 5.3% and 1.4% in fiscal years 2026 and 2025, and depreciated by 0.2% in fiscal year 2024, respectively. It is difficult to predict how market forces or mainland China or U.S. government policy may impact the exchange rate between RMB and U.S. dollar in the future. The change in the value of RMB relative to U.S. dollars may affect the Company’s financial results reported in U.S. dollars without giving effect to any underlying changes in its business or results of operations. Currently, majority of the Company’s assets, liabilities, revenues and costs are denominated in RMB. To the extent that the Company needs to convert U.S. dollars into RMB for capital expenditures and working capital and other business purposes, appreciation of RMB against U.S. dollar would have an adverse effect on the RMB amount the Company would receive from the conversion. Conversely, if the Company decides to convert RMB into U.S. dollar for the purpose of making payments for dividends, strategic acquisition or investments or other business purposes, appreciation of U.S. dollar against RMB would have a negative effect on the U.S. dollar amount available to the Company. - Concentration of credit risk Financial instruments that potentially subject the Company to significant concentration of credit risk consist primarily of cash and cash equivalents, accounts receivable, contract assets, restricted cash, notes receivable, and amounts due from related parties. As of June 30, 2026 and 2025, the Company has $25,459,317 and $28,173,160 in cash and cash equivalents and restricted cash, which is held by financial institutions in mainland China and international financial institutions outside of mainland China. In the event of bankruptcy of one of these financial institutions, the Company may not be able to claim its cash and cash equivalents and restricted cash back in full. As of June 30, 2026, the Company and its subsidiaries had $11,866,758, $9,340,285, $2,127,039, etc., of cash and cash equivalents on deposit at financial institutions in mainland China, Hong Kong, Singapore, etc. As of June 30, 2025, the Company and its subsidiaries had $16,292,481, $7,437,479, $3,389,970, etc., of cash and cash equivalents on deposit at financial institutions in mainland China, Hong Kong, Singapore, etc. The Company continues to monitor the financial strength of the financial institutions. There has been no recent history of default in relation to these financial institutions. - Significant customers The Company conducts credit evaluations on its customers and generally does not require collateral or other security from such customers. The top two customers and their affiliates accounted for 15.6%, and 9.7%, respectively, of total revenue during the year ended June 30, 2026. The top two customers and their affiliates accounted for 13.5%, and 9.6%, respectively, of total revenue during the year ended June 30, 2025. The top two customers and their affiliates accounted for 16.7%, and 10.1%, respectively, of total revenue during the year ended June 30, 2024. The top two customers accounted for 10.8%, and 6.1%, respectively, of the Company’s total accounts receivable balance as of June 30, 2026. The top two customers accounted for 9.3%, and 8.0%, respectively, of the Company’s total accounts receivable balance as of June 30, 2025. Risks and uncertainties The significant operations of the Company are located in mainland China. Accordingly, the Company’s business, financial condition, and results of operations may be influenced by political, economic, and legal environments in the mainland China, as well as by the general state of mainland China economy. The Company’s results may be adversely affected by changes in the political, regulatory and social conditions in mainland China. Although the Company has not experienced losses from these situations and believes that it is in compliance with existing laws and regulations including its organization and structure disclosed in Note 1, it may not be indicative of future results. Recently adopted accounting pronouncements In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures (“ASU 2023-09”), which requires disaggregated information about a reporting entity’s effective tax rate reconciliation as well as information on income taxes paid. For public business entities, ASU 2023-09 is effective for annual periods beginning after December 15, 2024. Early adoption is permitted. The Company adopted ASU 2023-09 during the year ended June 30, 2026, and such adoption did not have a material impact on our financial statements. See Note 13 for further information. In July 2025, the FASB issued ASU 2025-05, which permits an entity to assume that the current conditions as of the balance sheet date will remain unchanged for the remaining life of the assets when estimating expected credit losses. ASU 2025-05 is effective for annual reporting periods beginning after December 15, 2025, and interim reporting periods within those annual reporting periods, with early adoption permitted. The Company early adopted ASU 2023-09 on July 1, 2025, and such adoption did not have a material impact on the consolidated financial statements. Recent accounting pronouncements In December 2024, the FASB issued ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (“ASU 2024-03”), which requires additional disclosures about specific types of expenses included in the expense captions presented on the face of the income statement as well as disclosures about selling expenses. ASU 2024-03 is effective for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027. This ASU should be applied prospectively with the option to apply the standard retrospectively. Early adoption is permitted. The Company is currently evaluating the impact of this new standard on its consolidated financial statements. In December 2025, the FASB issued ASU 2025-10, Government Grants (Topic 832): Accounting for Government Grants Received by Business Entities (“ASU 2025-10”), to improve generally accepted accounting principles by establishing authoritative guidance on the accounting for government grants received by business entities. The amendments establish the accounting for a government grant received by a business entity, including guidance for (1) a grant related to an asset and (2) a grant related to income. The guidance is effective for fiscal years beginning after December 15, 2028, with early adoption permitted, and it can be applied using one of the following approaches: (1) a modified prospective approach; (2) a modified retrospective approach and (3) a retrospective approach to all government grants. The Company is currently evaluating the impact of this new standard on its consolidated financial statements.

Cash and cash equivalents Cash and cash equivalents primarily consist of cash and bank deposits, which are unrestricted as to withdrawal and use. The Company considers all highly liquid investment instruments with an original maturity of three months or less from the date of purchase to be cash equivalents. Deposits in the licensed banks in mainland China are protected by Deposit Insurance System (“DIS”) managed by the People’s Bank of China (“PBOC”) up to a limit of Renminbi (“RMB”) 500,000. Hong Kong has an official Deposit Protection Scheme (“DPS”). Deposits in the licensed banks in Hong Kong are protected by DPS, up to a limit of Hong Kong Dollar (“HKD”) 800,000.

500000

800000

Restricted cash As of June 30, 2026, substantially all of the Group’s restricted cash was held by financial institutions located in Chinese mainland and mainly represents cash secured to guarantee deposits.

Investments in equity securities Equity investments with readily determinable fair value, except for those accounted for under the equity method and those that result in consolidation of the investee, are measured at fair value, and any changes in fair value are recognized in the consolidated statements of comprehensive loss. Investments in entities where the Company has significant influence but does not control are accounted for using the equity method in accordance with ASC Topic 323, Investments—Equity Method and Joint Ventures. The Company recognizes its proportionate share of the investee’s earnings or losses in the consolidated statements of comprehensive loss. Adjustments to the equity method include the Company’s share of investee income or loss, differences between the carrying value and the Company’s equity in the investee’s net assets at acquisition, impairments, and other required adjustments. The Company evaluates its equity investments for other-than-temporary impairment by considering factors such as current economic and market conditions, investee operating performance, industry and geographic trends, liquidity, debt levels, cash burn rate, and other relevant information. Gains or losses on disposal are recognized in the consolidated statements of comprehensive loss, measured as the difference between proceeds received and the carrying amount of the investment. The Company applies the measurement alternative under ASC Topic 321, Investments—Equity Securities, to account for these investments at cost minus impairment, adjusted for observable price changes in orderly transactions for identical or similar investments of the same issuer. These investments are measured at fair value on a nonrecurring basis when events or changes in circumstances indicate a significant adverse effect. An impairment loss is recognized in the consolidated statements of comprehensive loss if the carrying amount exceeds the fair value. For the years ended June 30, 2026, 2025 and 2024, no such investments were remeasured, and no unrealized gains or losses were recognized. For investments in a private equity fund where the Company lacks the ability to exercise significant influence, the Company uses the net asset value (NAV) per share as a practical expedient under ASC Topic 820, Fair Value Measurements and Disclosures (“ASC 820”).

Property and equipment, net, are stated at cost less accumulated depreciation and impairment, if any. The straight-line method is used to compute depreciation over the estimated useful lives of the assets, as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: center;">Useful life</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"><td style="vertical-align: top; font: 10pt Times New Roman, Times, Serif; width: 69%; text-align: left;">Leasehold improvements</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 30%; text-align: center;">The shorter of remaining lease terms or the estimated useful lives</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify;">Transportation equipment</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center;">5-10 years</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify;">Equipment and office furniture</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center;">1-5 years</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify;">Office buildings</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center;">31 or 50 years</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify;">Office building related facilities, machinery and equipment</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center;">1-5 years</td> </tr></tbody> </table>

P5Y

P10Y

P1Y

P5Y

P31Y

P50Y

P1Y

P5Y

Amortization is computed using the straight-line method over the following estimated useful lives as it reflects the estimated pattern in which the economic benefits of the intangible assets are to be consumed: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: white;"><td style="font: 10pt Times New Roman, Times, Serif; width: 69%; text-align: justify;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: justify;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; width: 30%; text-align: center;">Useful life</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255);"><td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;">Customer relationship</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: justify;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center;">10 years</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;">Client lists</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: justify;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center;">2 years</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255);"><td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;">Software</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: justify;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center;">3 – 10 years</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;">License</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: justify;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center;">20 years</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255);"><td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;">Collaboration agreement</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: justify;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center;">4 years</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;">Others</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: justify;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center;">3 years</td> </tr></tbody> </table>

P10Y

P2Y

P3Y

P10Y

P20Y

P4Y

P3Y

Goodwill Goodwill represents the excess of the consideration over the fair value of the net assets acquired at the date of acquisition. Goodwill is allocated to applicable reporting units. Upon disposition of a business entity, goodwill is allocated to the disposed entity based on the relative fair value of that entity compared to the fair value of the reporting unit in which it was included. Goodwill is not amortized but rather tested for impairment at least annually at the reporting unit level by applying a fair-value based test in accordance with accounting and disclosure requirements for goodwill. This test is performed by management annually or more frequently if the Company believes impairment indicators are present. The Company has the option to assess qualitative factors first to determine whether it is necessary to perform the two-step test in accordance with ASC Topic 350-20, Intangibles - Goodwill and Other. In the qualitative assessment, the Company considers primary factors such as industry and market considerations, overall financial performance of the reporting unit, and other specific information related to the operations. If the Company believes, as a result of the qualitative assessment, that it is more likely than not that the fair value of the reporting unit is less than its carrying amount, the quantitative impairment test is required. Otherwise, no further testing is required. In performing quantitative impairment test, the Company compares the carrying amount of the reporting unit to the fair value of the reporting unit based on estimated fair value using a combination of the income approach and the market approach. If the fair value of the reporting unit exceeds the carrying value of the reporting unit, goodwill is not impaired. If the carrying value of the reporting unit exceeds the fair value of the reporting unit, an impairment loss shall be recognized in an amount equal to that excess.

698006

320348

2705511

2470135

0.06

Research and development expenses Research and development expenses are incurred in the development of new software modules and products in conjunction with anticipated customer projects. Technological feasibility for the Company’s software products is reached before the products are released for sale. To date, expenditures incurred after technological feasibility was established and prior to completion of software development have not been material, and accordingly, the Company has expensed all costs when incurred.

733657

1294964

1363757

Leases The Company determines whether an arrangement is or contains a lease at inception. The Company has elected the practical expedient for the short-term lease exemption for contracts with lease terms of 12 months or less. For operating leases, the Company records a lease liability and corresponding right-of-use (“ROU”) asset at lease commencement. Lease terms are based on the non-cancellable term of the lease and may contain options to extend the lease when it is reasonably certain that the Company will exercise the option. Lease liabilities represent the present value of the lease payments not yet paid, discounted using the discount rate for the lease at lease commencement. The Company estimates its incremental borrowing rate for its leases at the commencement date to determine the present value of future lease payments when the implicit rate is not readily determinable in the lease. In estimating its incremental borrowing rate, the Company considers its credit rating and publicly available data of borrowing rates for loans of similar amount, currency and term as the lease. Operating lease expense is recognized on a straight-line basis over the lease term.

Income taxes The Company accounts for current income taxes in accordance with the laws of the relevant tax authorities. Deferred income taxes are recognized when temporary differences exist between the tax bases of assets and liabilities and their reported amounts in the consolidated financial statements. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period including the enactment date. Valuation allowances are established to reduce deferred tax assets to the amount expected to be realized, when it is more-likely-than-not that some portion, or all, of the deferred tax assets will not be realized. The Company accounts for uncertainties in income taxes in accordance with ASC Topic 740, Income Taxes (“ASC 740”). An uncertain tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. Penalties and interest incurred related to underpayment of income tax are classified as income tax expense in the consolidated statements of comprehensive loss in the period incurred.

0.50

Warrants Equity-classified warrants are initially measured at the grant date fair value. Subsequent changes in fair value are not recognized as long as the contract continues to be classified in equity. The Company, with the assistance of an independent third-party valuation firm, used the Black-Scholes pricing model to estimate the fair value of warrants. The determination of estimated fair value of warrants on the grant date was mainly affected by the Company’s stock price as well as assumptions regarding a number of subjective variables. These variables include the Company’s expected stock price volatility over the expected term of the awards, a risk-free interest rate and any expected dividends.

Treasury share Treasury shares represent ordinary shares repurchased by the Company that are no longer outstanding and are held by the Company. Treasury shares are accounted for under the cost method. Under this method, repurchase of ordinary shares was recorded as treasury shares at historical purchase price.

Foreign currency The functional currency of the Company is US$. The functional currencies of the Company’s subsidiaries are the local currency of the country in which the subsidiary operates, which is determined based on ASC Topic 830, Foreign Currency Matters (“ASC 830”). Transactions denominated in foreign currencies are re-measured into the functional currency at the exchange rates as set forth in the H.10 statistical release of the U.S. Federal Reserve Board prevailing on the transaction dates. Monetary assets and liabilities denominated in foreign currencies are re-measured at the exchange rates prevailing at the balance sheet dates. Non-monetary items that are measured in terms of historical costs in foreign currency are re-measured using the exchange rates at the dates of the initial transactions. Exchange gains and losses are included in the consolidated statements of comprehensive loss. The Company’s financial statements are reported using US$. The financial statements of the Company’s subsidiaries whose functional currencies are not US$ are translated from the functional currency to the reporting currency. Assets and liabilities are translated at the exchange rates at the balance sheet dates, equity accounts are translated at historical exchange rates and revenues, expenses, gains and losses are translated using the average rate for the year. Translation adjustments are reported as accumulated comprehensive loss and are shown as a separate component of other comprehensive income (loss) in the consolidated statements of comprehensive loss.

Comprehensive income (loss) Comprehensive income (loss) is defined as the changes in equity of the Company during a period from transactions and other events and circumstances excluding transactions resulting from investments by owners and distributions to owners. Accumulated other comprehensive income (loss) of the Company includes foreign currency translation adjustments related to the Company’s subsidiaries whose functional currency is not US$.

0.053 0.014 0.002

25459317

28173160

11866758

9340285

2127039

16292481

7437479

3389970

0.156

0.097

0.135

0.096

0.167

0.101

0.108

0.061

0.093

0.08

Recent accounting pronouncements In December 2024, the FASB issued ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (“ASU 2024-03”), which requires additional disclosures about specific types of expenses included in the expense captions presented on the face of the income statement as well as disclosures about selling expenses. ASU 2024-03 is effective for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027. This ASU should be applied prospectively with the option to apply the standard retrospectively. Early adoption is permitted. The Company is currently evaluating the impact of this new standard on its consolidated financial statements. In December 2025, the FASB issued ASU 2025-10, Government Grants (Topic 832): Accounting for Government Grants Received by Business Entities (“ASU 2025-10”), to improve generally accepted accounting principles by establishing authoritative guidance on the accounting for government grants received by business entities. The amendments establish the accounting for a government grant received by a business entity, including guidance for (1) a grant related to an asset and (2) a grant related to income. The guidance is effective for fiscal years beginning after December 15, 2028, with early adoption permitted, and it can be applied using one of the following approaches: (1) a modified prospective approach; (2) a modified retrospective approach and (3) a retrospective approach to all government grants. The Company is currently evaluating the impact of this new standard on its consolidated financial statements.

Accounts receivable, net consisted of the following: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="6" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">As of June 30,</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2026</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 76%; text-align: left;">Trade accounts receivable</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">42,652,919</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">45,211,498</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt;">Less: allowance for credit losses</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(192,827</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(320,337</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 2.5pt;">Accounts receivable, net</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">42,460,092</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">44,891,161</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> </tr></tbody></table>

42652919

45211498

192827

320337

42460092

44891161

The movement of the allowance for credit losses is as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="6" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">For the year ended</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2026</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 76%; text-align: left;">Balance at beginning of the year</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">320,337</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">398,880</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Provision for credit losses</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">128,931</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">27,406</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Recovery of accounts receivable</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(256,441</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(107,191</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt;">Foreign currency translation adjustments</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">1,242</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 2.5pt;">Balance at end of the year</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">192,827</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">320,337</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> </tr></tbody></table>

320337

398880

128931

27406

256441

107191

-1242

192827

320337

Prepayments, deposits and other assets, net consisted of the following: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="vertical-align: bottom;"><td> </td> <td> </td> <td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center;">As of June 30,</td> <td> </td> </tr><tr style="vertical-align: bottom;"><td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center;">2026</td> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center;">2025</td> <td> </td> </tr><tr style="vertical-align: bottom; background-color: #CCEEFF;"> <td style="width: 76%;">Prepaid expenses*</td> <td style="width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="width: 9%; text-align: right;">1,335,006</td> <td style="width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="width: 9%; text-align: right;">1,106,119</td> <td style="width: 1%;"> </td> </tr><tr style="vertical-align: bottom; background-color: white;"> <td>Contract assets</td> <td> </td> <td> </td> <td style="text-align: right;">698,006</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right;">320,348</td> <td> </td> </tr><tr style="vertical-align: bottom; background-color: #CCEEFF;"> <td>Advances and deposits to suppliers*</td> <td> </td> <td> </td> <td style="text-align: right;">749,433</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right;">756,241</td> <td> </td> </tr><tr style="vertical-align: bottom; background-color: white;"> <td>Deferred contract costs**</td> <td> </td> <td> </td> <td style="text-align: right;">3,228,991</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right;">5,027,030</td> <td> </td> </tr><tr style="vertical-align: bottom; background-color: #CCEEFF;"> <td>Notes receivable***</td> <td> </td> <td> </td> <td style="text-align: right;">1,653,526</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right;">335,193</td> <td> </td> </tr><tr style="vertical-align: bottom; background-color: white;"> <td>Advances to employees</td> <td> </td> <td> </td> <td style="text-align: right;">743,160</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right;">371,799</td> <td> </td> </tr><tr style="vertical-align: bottom; background-color: #CCEEFF;"> <td>Prepaid VAT</td> <td> </td> <td> </td> <td style="text-align: right;">49,143</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right;">8,360</td> <td> </td> </tr><tr style="vertical-align: bottom; background-color: white;"> <td>Less: allowance for credit losses</td> <td> </td> <td style="border-bottom: black 1.5pt solid;"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right;">(2,843</td> <td>)</td> <td> </td> <td style="border-bottom: black 1.5pt solid;"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right;">(1,764</td> <td>)</td> </tr><tr style="vertical-align: bottom; background-color: #CCEEFF;"> <td>Total</td> <td> </td> <td> </td> <td style="text-align: right;">8,454,422</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right;">7,923,326</td> <td> </td> </tr><tr style="vertical-align: bottom; background-color: white;"> <td>Less: non-current portion</td> <td> </td> <td style="border-bottom: black 1.5pt solid;"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right;">(723,177</td> <td>)</td> <td> </td> <td style="border-bottom: black 1.5pt solid;"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right;">(481,761</td> <td>)</td> </tr><tr style="vertical-align: bottom; background-color: #CCEEFF;"> <td>Prepayments, deposits and other assets – current portion</td> <td> </td> <td style="border-bottom: black 4.5pt double;"> </td> <td style="border-bottom: black 4.5pt double; text-align: right;">7,731,245</td> <td> </td> <td> </td> <td style="border-bottom: black 4.5pt double;"> </td> <td style="border-bottom: black 4.5pt double; text-align: right;">7,441,565</td> <td> </td> </tr></tbody></table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse;" summary="{"UUID":"afsaddin_tabledata_2_133609_92144280-c5b3-4c4b-9725-18afc73fc472","TitleRowCount":1,"SplitedTable":false,"FirstTableId":"92144280-c5b3-4c4b-9725-18afc73fc472"}" title="92144280-c5b3-4c4b-9725-18afc73fc472"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;"><td style="font: 10pt Times New Roman, Times, Serif; width: 3%;">*</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 97%; text-align: justify;">Prepaid expenses, advances and deposits to suppliers primarily consist of advances and deposits to suppliers. </td> </tr></tbody> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"> <tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0in;"></td> <td style="width: 0.25in; text-align: left;">**</td> <td style="text-align: justify;">The Company recognized $1,707,324 of impairment loss on deferred contract costs for the year ended June 30, 2026.</td> </tr></tbody> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse;"> <tbody><tr style="vertical-align: top;"><td style="width: 0.25in; font-size: 10pt;">***</td> <td style="text-align: justify; font-size: 10pt;">Notes receivable represents accounts receivable due from various customers where the customers’ banks or customers have guaranteed the payments. The notes are non-interest bearing and normally paid within three to six months. The Company has the ability to submit request for payment to the customer’s bank earlier than the scheduled payment date, but will incur an interest charge and a processing fee.</td> </tr></tbody> </table>

1335006

1106119

698006

320348

749433

756241

3228991

5027030

1653526

335193

743160 371799

49143

8360

2843

1764

8454422

7923326

723177

481761

7731245

7441565

Property and equipment, net consisted of the following: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="6" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">As of June 30,</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2026</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 76%; text-align: left;">Office buildings</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">20,557,526</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">20,628,654</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Equipment and office furniture</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">2,433,520</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">1,902,317</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Office building related facilities, machinery and equipment</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">64,192</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">63,022</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Transportation equipment</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">707,728</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">707,015</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt;">Leasehold improvements</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">3,098,249</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">2,930,897</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif;">Total</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">26,861,215</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">26,231,905</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt;">Less: accumulated depreciation</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(6,911,094</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(5,019,442</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 2.5pt;">Property and equipment, net</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">19,950,121</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">21,212,463</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> </tr></tbody></table>

20557526

20628654

2433520

1902317

64192

63022

707728

707015

3098249

2930897

26861215

26231905

6911094

5019442

19950121

21212463

1854462

1462726

1036767

17712809

75000000

NOTE 6 – INTANGIBLE ASSETS, NET As of June 30, 2026 and 2025, intangible assets, net consisted of the following: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="10" style="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">As of June 30, 2026</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">Gross carrying value</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">Accumulated amortization</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">Net carrying value</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 64%; text-align: left;">Customer relationship</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">1,560,930</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">(775,958</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">784,972</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif;">License</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">927,285</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(115,911</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">811,374</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif;">Software</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">269,706</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(148,135</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">121,571</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Client lists</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">170,002</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(170,002</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Collaboration agreement</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">100,456</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(62,785</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">37,671</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;">Others</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right;">89,424</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right;">(33,642</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right;">55,782</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;">Total</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="border-bottom: Black 4pt double; font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; font: 10pt Times New Roman, Times, Serif; text-align: right;">3,117,803</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="border-bottom: Black 4pt double; font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; font: 10pt Times New Roman, Times, Serif; text-align: right;">(1,306,433</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="border-bottom: Black 4pt double; font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; font: 10pt Times New Roman, Times, Serif; text-align: right;">1,811,370</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> </tr></tbody></table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="10" style="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">As of June 30, 2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">Gross carrying value</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">Accumulated amortization</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">Net carrying value</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 64%; text-align: left;">Customer relationship</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">1,588,175</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">(630,684</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">957,491</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif;">License</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">943,470</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(70,760</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">872,710</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif;">Software</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">219,950</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(121,730</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">98,220</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Client lists</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">172,970</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(129,727</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">43,243</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Collaboration agreement</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">102,209</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(38,329</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">63,880</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;">Others</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right;">35,791</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right;">(16,233</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right;">19,558</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;">Total</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="border-bottom: Black 4pt double; font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; font: 10pt Times New Roman, Times, Serif; text-align: right;">3,062,565</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="border-bottom: Black 4pt double; font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; font: 10pt Times New Roman, Times, Serif; text-align: right;">(1,007,463</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="border-bottom: Black 4pt double; font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; font: 10pt Times New Roman, Times, Serif; text-align: right;">2,055,102</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> </tr></tbody></table> Amortization expense was $315,915, $376,739 and $196,859 for the years ended June 30, 2026, 2025 and 2024, respectively. Estimated future amortization expenses are as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: left;">Year ending June 30,</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">Amortization expense</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 88%; text-align: left;">2027</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">285,619</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">2028</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">266,231</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">2029</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">228,984</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">2030</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">145,370</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">2031</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">121,222</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr></tbody></table>

As of June 30, 2026 and 2025, intangible assets, net consisted of the following: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="10" style="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">As of June 30, 2026</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">Gross carrying value</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">Accumulated amortization</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">Net carrying value</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 64%; text-align: left;">Customer relationship</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">1,560,930</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">(775,958</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">784,972</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif;">License</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">927,285</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(115,911</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">811,374</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif;">Software</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">269,706</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(148,135</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">121,571</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Client lists</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">170,002</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(170,002</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Collaboration agreement</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">100,456</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(62,785</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">37,671</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;">Others</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right;">89,424</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right;">(33,642</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right;">55,782</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;">Total</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="border-bottom: Black 4pt double; font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; font: 10pt Times New Roman, Times, Serif; text-align: right;">3,117,803</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="border-bottom: Black 4pt double; font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; font: 10pt Times New Roman, Times, Serif; text-align: right;">(1,306,433</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="border-bottom: Black 4pt double; font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; font: 10pt Times New Roman, Times, Serif; text-align: right;">1,811,370</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> </tr></tbody></table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="10" style="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">As of June 30, 2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">Gross carrying value</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">Accumulated amortization</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">Net carrying value</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 64%; text-align: left;">Customer relationship</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">1,588,175</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">(630,684</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">957,491</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif;">License</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">943,470</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(70,760</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">872,710</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif;">Software</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">219,950</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(121,730</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">98,220</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Client lists</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">172,970</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(129,727</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">43,243</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Collaboration agreement</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">102,209</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(38,329</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">63,880</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;">Others</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right;">35,791</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right;">(16,233</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right;">19,558</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;">Total</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="border-bottom: Black 4pt double; font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; font: 10pt Times New Roman, Times, Serif; text-align: right;">3,062,565</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="border-bottom: Black 4pt double; font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; font: 10pt Times New Roman, Times, Serif; text-align: right;">(1,007,463</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="border-bottom: Black 4pt double; font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; font: 10pt Times New Roman, Times, Serif; text-align: right;">2,055,102</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> </tr></tbody></table>

1560930

775958

784972

927285

115911

811374

269706

148135

121571

170002

100456

62785

37671

89424

33642

55782

3117803

1306433

1811370

1588175

630684

957491

943470

70760

872710

219950

121730

98220

172970

129727

43243

102209

38329

63880

35791

16233

19558

3062565

1007463

2055102

315915

376739

196859

Estimated future amortization expenses are as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: left;">Year ending June 30,</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center;">Amortization expense</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 88%; text-align: left;">2027</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">285,619</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">2028</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">266,231</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">2029</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">228,984</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">2030</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">145,370</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">2031</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">121,222</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr></tbody></table>

285619

266231

228984

145370

121222

The changes in the carrying amount of goodwill for each reporting unit for the years ended June 30, 2026 and 2025 were as follows: <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-align: justify;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">IT services</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">Academic education services</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">Total</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 64%;">Balance as of June 30, 2024</td> <td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 9%; text-align: right;">126,370</td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 9%; text-align: right;">1,347,529</td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 9%; text-align: right;">1,473,899</td> <td style="width: 1%; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: justify;">Impairment</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">(129,270</td> <td style="text-align: left;">)</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">(129,270</td> <td style="text-align: left;">)</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: justify; padding-bottom: 1.5pt;">Foreign currency translation adjustment</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">2,900</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">88,253</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">91,153</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: justify;">Balance as of June 30, 2025</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">1,435,782</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">1,435,782</td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: justify; padding-bottom: 1.5pt;">Impairment</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">(1,435,782</td> <td style="padding-bottom: 1.5pt; text-align: left;">)</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">(1,435,782</td> <td style="padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: justify; padding-bottom: 4pt;">Balance as of June 30, 2026</td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">-</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">-</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">-</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> </tr></tbody></table>

126370

1347529

1473899

129270

2900

88253

91153

1435782

129270

1435782

P3Y

The operating lease cost was $2,388,397 and $2,166,911 for the years ended June 30, 2026 and 2025, respectively. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="6" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">As of and for the year ended June 30,</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2026</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: bold 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in;">Other information</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; width: 76%; text-align: justify;">Cash paid for operating leases</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">2,547,358</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">2,122,665</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left;">ROU assets obtained in exchange for new operating lease liabilities</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">1,132,783</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">2,637,381</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"><td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left;">Weighted-average remaining lease term (in years):</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left;">Operating leases</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">1.65</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">1.74</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"><td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left;">Weighted-average discount rate:</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left;">Operating leases</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">7.61</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">%</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">4.94</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">%</td> </tr></tbody></table>

2388397

2166911

2547358

2122665

1132783

2637381

P1Y7M24D

P1Y8M26D

0.0761

0.0494

Future minimum lease payments for operating leases as of June 30, 2026, are as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">Operating leases</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 88%; text-align: left;">2027</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">1,860,159</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">2028</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">832,812</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt;">2029</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">289,949</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Total minimum lease payments</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">2,982,920</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt;">Less: imputed interest</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(597,971</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 2.5pt;">Total lease liability balance</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">2,384,949</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"><td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Minimum payments related to leases not yet commenced as of June 30, 2026</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">26,817</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr></tbody></table>

1860159

832812

289949

2982920

597971

2384949

26817

The aggregate carrying values of the Company’s short-term investments consisted of the following: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="6" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">As of June 30,</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2026</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; width: 76%; text-align: left;">Time deposits</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">651,581</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">636,951</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"><td style="font: italic 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left;">Available-for-sale equity securities:</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left;">Publicly traded equity securities</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">66,944</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">59,998</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"><td style="font: italic 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left;">Held-to-maturity debt securities:</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1.5pt;">Corporate bonds</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">200,000</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">200,000</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">918,525</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">896,949</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> </tr></tbody></table> The aggregate carrying values of the Company’s long-term investments consisted of the following: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="6" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">As of June 30,</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2026</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: italic 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in;">Equity investments without readily determinable fair values:</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; width: 76%; text-align: left;">Beijing UniDev Software Co., Ltd. (“UniDev”)</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">11,054</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">235,775</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"><td style="font: italic 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left;">Equity method investments:</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left;">Shanghai Qinhui Shang Information Technology Co., Ltd. (“Qinhui”)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">62,753</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">62,295</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left;">Fuson Group Limited (“Fuson”) and its subsidiaries (“Fuson Group”)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">30,696</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1.5pt;">Shanghai Shier Information Technology Co., Ltd. (“Shier”)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">12,550</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">11,807</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left;">Total equity method investments</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">75,303</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">104,798</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"><td style="font: italic 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left;">Equity investments without readily determinable fair value using NAV practical expedient:</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left;">LION X INVESTMENT VCC</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">1,292,181</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">566,343</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"><td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: italic 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left;">Held-to-maturity debt securities:</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1.5pt;">Corporate bonds</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">800,000</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">812,079</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">2,178,538</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">1,718,995</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> </tr></tbody></table>

651581

636951

66944

59998

200000

918525

896949

11054

235775

62753

62295

30696

12550

11807

75303

104798

1292181

566343

800000

812079

2178538

1718995

0.15

0.46

0.3502

0.35

30289459

30217329

54000000

21000000

50830780

20541321

0.02856

0.0295

P1Y NOTE 11 – SALARIES AND BENEFITS PAYABLE Full time employees of the Company located in mainland China participate in a government-mandated defined contribution plan pursuant to which certain pension benefits, medical care, unemployment insurance, employee housing fund and other welfare benefits are provided to employees. The Company has no legal obligation for the benefits beyond the contributions. The Company accrued for these benefits based on certain percentages of the employees’ salaries. The expenses related to these plans were $ 13,612,249, $14,053,811 and $15,861,290 for the years ended June 30, 2026, 2025 and 2024, respectively. Salaries and benefits payable included $1,755,399 and $1,025,289 accrued employer portion of social benefits payable to local governments as of June 30, 2026 and 2025, respectively.

1755399

1025289

The related parties that had transactions or balances with the Company as of and for the years presented consisted of: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse;" summary="{"UUID":"afsaddin_tabledata_2_133609_43234732-40a7-46f1-b273-69426444b4ab","TitleRowCount":1,"SplitedTable":false,"FirstTableId":"43234732-40a7-46f1-b273-69426444b4ab"}" title="43234732-40a7-46f1-b273-69426444b4ab"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif;"><td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-indent: -0.25in; padding-left: 0.25in; vertical-align: bottom; width: 49%;">Related Party</td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 2%;"> </td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 49%; text-align: center;">Relationship with the Company</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.25in; padding-left: 0.25in;">Xiao Feng Yang</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;">Chairman of the Board</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.25in; padding-left: 0.25in;">Raymond Ming Hui Lin</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;">CEO of the Company</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.25in; padding-left: 0.25in;">EMIT </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;">Equity investee of the Company</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0.125in; text-indent: -0.125in;">Beijing Bright Technology Co., Ltd (“Beijing Bright”)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;">Noncontrolling interest shareholder of JAJI China</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.25in; padding-left: 0.25in;">UniDev</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;">Equity investee of the Company</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.25in; padding-left: 0.25in;">Fuson Group </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;">Equity investee of the Company</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.25in; padding-left: 0.25in;">Qinhui</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;">Equity investee of the Company</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0.125in; text-indent: -0.125in;">MCT</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;">Noncontrolling interest shareholder of MSCT</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0.125in; text-indent: -0.125in;">Qin Er Lin</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;">Immediate family member of the CEO</td> </tr></tbody></table>The balances due from related parties were as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="6" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">As of June 30,</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2026</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;">Due from related parties, current:</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 76%; text-align: left; padding-left: 9pt;">Fuson Group (a)</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">4,123,151</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">4,628,295</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 9pt;">Qin Er Lin (c)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">11,741</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 9pt;">UniDev</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">9,432</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt; padding-left: 9pt;">Less: allowance for credit losses</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(3,059,319</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(253,700</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; padding-left: 9pt;">Total</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">1,085,005</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">4,374,595</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"><td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Due from related parties, non-current:</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 9pt;">Fuson Group (b)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">2,399,559</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">2,069,730</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 9pt;">Qin Er Lin (c)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">52,018</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt; padding-left: 9pt;">Less: allowance for credit losses</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(861,920</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(123,770</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0.125in; padding-bottom: 2.5pt;">Total</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">1,589,657</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">1,945,960</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> </tr></tbody></table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse;" summary="{"UUID":"afsaddin_tabledata_2_133609_bf5c0805-6a52-49b1-b27b-231328d36fed","TitleRowCount":1,"SplitedTable":false,"FirstTableId":"bf5c0805-6a52-49b1-b27b-231328d36fed"}" title="bf5c0805-6a52-49b1-b27b-231328d36fed"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;"><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in;">(a)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify;">The balances represent loans due from Fuson Group which should be repaid within one year. The interest rates for the loans ranged from 3.5% to 4.10% and 4.0% to 4.10% as of June 30, 2026 and 2025, respectively.</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;"><td style="font: 10pt Times New Roman, Times, Serif;">(b)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify;">The balance represents loans due from Fuson Group with 6.50% interest rate, which should be repaid within 30 months.</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;"><td style="font: 10pt Times New Roman, Times, Serif;">(c)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify;">The balance represent the loan due from Qin Er Lin which should be repaid within five years. The interest rates for the loan was 4.0% as of June 30, 2026.Qin Er Lin repaid the loan from related parties on October 8, 2026.</td> </tr></tbody> </table> The balances due to related parties were as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="6" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">As of June 30,</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2026</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;">Due to related parties:</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 76%; padding-left: 9pt;">Qinhui</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">58,732</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 9pt;">Fuson Group</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">14,711</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">14,917</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 9pt;">MCT</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">1,951</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">4,188</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; padding-left: 9pt;">UniDev</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">2,779</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;">Total</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">75,394</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">21,884</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> </tr></tbody></table><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-align: center;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="10" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">For the year ended</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> </tr><tr style="vertical-align: bottom;"><td style="text-align: center;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">2026</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">2025</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">2024</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> </tr><tr style="vertical-align: bottom;"><td style="font-weight: bold;">a) Consulting services provided to related parties</td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 64%; text-align: left; padding-bottom: 4pt; padding-left: 9pt;">Fuson Group</td> <td style="width: 1%; padding-bottom: 4pt;"> </td> <td style="width: 1%; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="width: 9%; border-bottom: Black 4pt double; text-align: right;">80,775</td> <td style="width: 1%; padding-bottom: 4pt; text-align: left;"> </td> <td style="width: 1%; padding-bottom: 4pt;"> </td> <td style="width: 1%; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="width: 9%; border-bottom: Black 4pt double; text-align: right;">116,760</td> <td style="width: 1%; padding-bottom: 4pt; text-align: left;"> </td> <td style="width: 1%; padding-bottom: 4pt;"> </td> <td style="width: 1%; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="width: 9%; border-bottom: Black 4pt double; text-align: right;">87,172</td> <td style="width: 1%; padding-bottom: 4pt; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"><td style="padding-left: 9pt;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"><td style="font-weight: bold; text-align: left;">b)Solution services provided to related parties</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-bottom: 4pt; text-indent: 10pt;">Fuson Group</td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">238,776</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">-</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">-</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"><td> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"><td style="font-weight: bold; text-align: left;">c) Services provided by related parties</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="padding-left: 9pt;">UniDev</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">7,206</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">35,396</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">165,676</td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-left: 9pt;">Fuson Group</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">27,166</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">13,758</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">18,894</td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 1.5pt; padding-left: 9pt;">Beijing Bright</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">2,135</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">4,830</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="padding-bottom: 4pt; padding-left: 9pt;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">36,507</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">53,984</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">184,570</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"><td style="padding-left: 9pt;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"><td style="font-weight: bold; text-align: left;">d) Loans provided to related parties</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-left: 9pt;">Fuson Group</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">959,360</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">2,984,351</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">6,043,329</td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-left: 9pt;">Qin Er Lin</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">64,006</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-left: 9pt;">Beijing Bright</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">415,236</td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="padding-bottom: 1.5pt; padding-left: 9pt;">UniDev</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">55,365</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="padding-bottom: 4pt; padding-left: 9pt;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">1,023,366</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">2,984,351</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">6,513,930</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"><td style="font-weight: bold; text-align: left;">e) Repayment of loans from related parties</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-left: 9pt;">Fuson Group</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">811,272</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">2,936,754</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">194,897</td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-left: 9pt;">Beijing Bright</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">415,236</td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="padding-bottom: 1.5pt; padding-left: 9pt;">UniDev</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">193,777</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="padding-bottom: 4pt; padding-left: 9pt;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">811,272</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">2,936,754</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">803,910</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"><td style="font-weight: bold; text-align: left;">f) Interest income received from related parties</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-left: 9pt;">Fuson Group</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">128,157</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">293,103</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">14,481</td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="padding-left: 9pt;">UniDev</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">8,549</td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-bottom: 1.5pt; padding-left: 9pt;">Beijing Bright</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">2,907</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="padding-bottom: 4pt; padding-left: 9pt;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">128,157</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">293,103</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">25,937</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"><td style="padding-left: 9pt;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"><td style="font-weight: bold; text-align: left;">g) Loans provided from related parties</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="padding-bottom: 4pt; padding-left: 9pt;">Qinhui</td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">56,977</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">-</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">-</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"><td style="padding-left: 9pt;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"><td style="font-weight: bold; text-align: left;">h) Rental income from related party</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 4pt; padding-left: 9pt;">Fuson Group</td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">59,071</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">59,241</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">59,016</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"><td style="padding-left: 9pt;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"><td style="font-weight: bold; text-align: left;">i) Other revenue from related party</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"><td style="text-align: left; padding-bottom: 4pt; padding-left: 9pt;">Fuson Group</td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">-</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">134,933</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">61,244</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> </tr></tbody></table>

Chairman of the Board

CEO of the Company

Equity investee of the Company

Noncontrolling interest shareholder of JAJI China

Equity investee of the Company

Noncontrolling interest shareholder of MSCT

Immediate family member of the CEO

4123151

4628295

11741

9432

3059319 253700

1085005

4374595

2399559

2069730

52018

123770

1589657

1945960

0.035

0.041

0.04

0.041

0.065

The following table presents the aging of past-due gross due from related parties as of June 30, 2026 and 2025: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="vertical-align: bottom;"><td style="text-align: center;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">1 to 3 months past due</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td colspan="2" style="text-align: center; border-bottom: Black 1.5pt solid;">4 to 6 months past due</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td colspan="2" style="text-align: center; border-bottom: Black 1.5pt solid;">7 to 12 months past due</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td colspan="2" style="text-align: center; border-bottom: Black 1.5pt solid;">Over 1 year past due</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">Total</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 40%; text-indent: -9pt; padding-left: 9pt;">June 30, 2025</td> <td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 9%; text-align: right;">1,707,242</td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 9%; text-align: right;">767,770</td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 9%; text-align: right;">418,784</td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 9%; text-align: right;">-</td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 9%; text-align: right;">2,893,796</td> <td style="width: 1%; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-indent: -9pt; padding-left: 9pt;">June 30, 2026</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">861,920</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">3,055,224</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">3,917,144</td> <td style="text-align: left;"> </td> </tr></tbody></table>

1707242

767770

418784

2893796

861920

3055224

3917144

Movement of allowance for due from related parties for the years ended June 30, 2026, 2025 and 2024 are as follows: <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-align: center;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="10" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">For the year ended</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> </tr><tr style="vertical-align: bottom;"><td style="text-align: center;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">2026</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">2025</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">2024</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 64%; font-weight: bold; text-align: left;">Balance at beginning of the year</td> <td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 9%; text-align: right;">377,470</td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 9%; text-align: right;">225,788</td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 9%; text-align: right;">-</td> <td style="width: 1%; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left;">Provision for credit losses</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">3,606,271</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">237,747</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">225,788</td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left;">Recovery of due from related parties</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">(62,502</td> <td style="text-align: left;">)</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">(86,235</td> <td style="text-align: left;">)</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-bottom: 1.5pt;">Foreign currency translation adjustments</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">170</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font-weight: bold; text-align: left; padding-bottom: 4pt;">Balance at end of the year</td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">3,921,239</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">377,470</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">225,788</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> </tr></tbody></table>

377470

225788

3606271

237747

225788

62502

86235

170

3921239

377470

225788

58732

14711

14917

1951

4188

2779

75394

21884

80775

116760

87172

238776 0 0 7206 35396 165676

27166

13758

18894

2135 4830

36507

53984

184570

959360

2984351

6043329

64006

415236

55365

1023366 2984351 6513930

811272

2936754

194897

415236

193777

811272

2936754

803910

128157

293103

14481

8549

2907

128157

293103

25937

56977

59241

59016

NOTE 13 – TAXES (a) Corporate Income Taxes Cayman Islands and BVI Under the current laws of the Cayman Islands and BVI, the Company and subsidiaries in BVI are not subject to tax on income or capital gains. Hong Kong Subsidiaries in Hong Kong are subject to Hong Kong profits tax rate at a rate of 16.5%, and foreign-derived income is exempted from income tax. Singapore Subsidiaries in Singapore are subject to Singapore corporate income tax at a rate of 17.0%, and foreign-derived income is exempted from income tax. Mainland China Under the Enterprise Income Tax (“EIT”) Law of mainland China, enterprises are usually subject to a unified 25% enterprise income tax rate while preferential tax rates, tax holidays and tax exemption may be granted if qualified. EIT Law grants a preferential tax rate to High and New Technology Enterprises (“HNTEs”). An enterprise qualified as HNTE and awarded with the “HNTE” certificate may enjoy a reduced EIT rate of 15%. CLPS Shanghai, the Company’s main operating subsidiary in mainland China, was recognized as qualified HNTEs since 2013. Its latest qualified periods are for 2025 to 2027 and it enjoys a preferential tax rate of 15%. JAJI (Shanghai), one of the Company’s operating subsidiaries in mainland China, was also recognized as qualified HNTEs since 2022. Its latest qualified periods are for 2025 to 2027 and it enjoys a preferential tax rate of 15%. A qualified enterprise in encouraged industries registered in the Hainan Free Trade Port and engaged in substantive operations may enjoy a reduced EIT rate of 15%. CLPS Hainan, a Company’s subsidiary in mainland China, was recognized as a qualified enterprise engaged in encouraged industries registered in the Hainan Free Trade Port and engaged in substantive operations. It enjoys the reduced EIT rate of 15%. (Loss) income before income taxes and share of (loss) income in equity investees <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="10" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">For the year ended June 30</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2026</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2024</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 64%; text-align: left;">Mainland China</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">(7,367,640</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">516,640</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">2,878,314</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt;">Non-mainland China</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(4,787,559</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(5,592,254</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(4,721,679</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(12,155,199</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(5,075,614</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(1,843,365</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> </tr></tbody></table> The following table reconciles the statutory rate to the Company’s effective tax rate: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="6" style="font: bold 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: center;">For the year ended June 30</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2024</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 76%; text-align: left;">Mainland China statutory income tax rate</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">25.0</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;">%</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">25.0</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;">%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Effect of income tax rate difference in other jurisdictions</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(22.0</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(56.5</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Effect of tax rate changes on deferred taxes</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">5.3</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">%</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(8.9</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Effect of mainland China preferential tax rate and tax relief</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(1.7</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(27.0</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Tax exempt income</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">1.4</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">%</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">1.6</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Research and development credits</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">28.2</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">%</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">96.6</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Business insurance</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(2.5</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(5.7</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Late payment interest</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(5.0</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(20.0</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Withholding tax</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">%</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(4.7</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Depreciation and amortization</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">%</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(2.2</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Investment gain/loss</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">%</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(2.3</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Statutory income/expense</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(0.5</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">3.9</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Intercompany transfers</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(14.6</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(10.9</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Change in valuation allowances</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(30.0</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">3.6</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Goodwill impairment</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(1.3</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;">Others</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(0.9</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)%</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(1.2</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 2.5pt;">Effective tax rate</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(18.6</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)%</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(8.7</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)%</td> </tr></tbody></table> The following table reconciles the statutory rate to the Company’s effective tax rate: (continued) <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="6" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">As of June 30,2026</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">USD</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">Percent</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 76%; text-align: left;">Mainland China statutory income tax rate</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">(3,038,800</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">25.0</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;">%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Cross border</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Change in valuation allowances</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">2,125,638</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(17.5</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Nontaxable or nondeductible items</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">172,726</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(1.4</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Changes in unrecognized tax benefits</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(577,077</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">4.7</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Foreign tax effects</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"><td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0.125in;">Singapore</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0.25in; text-align: left;">Goodwill impairment</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">244,083</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(2.0</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0.25in;">Others</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">93,246</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(0.8</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0.125in; text-align: left;">Hong Kong</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">162,256</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(1.3</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"><td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0.125in;">BVI</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0.25in; text-align: left;">Statutory tax rate difference between BVI and China</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">214,915</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(1.8</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"><td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0.125in;">Cayman</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0.25in; text-align: left;">Statutory tax rate difference between Cayman and China</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">743,375</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(6.1</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0.125in;">Other foreign jurisdictions</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(40,318</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">0.3</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Other adjustments</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0.125in; text-align: left;">Research and development credits</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(1,530,153</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">12.6</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0.125in; text-align: left;">Statutory income/expense</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">577,077</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(4.7</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0.125in; text-align: left;">Effect of tax rate changes on deferred taxes</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(1,222,004</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">10.1</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0.125in; text-align: left;">Effect of mainland China preferential tax rate and tax relief</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">1,238,972</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(10.2</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0.125in; text-align: left;">Intercompany transfers</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">739,833</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(6.1</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0.125in; text-align: left;">Late payment interest</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">329,931</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(2.7</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0.125in; padding-bottom: 1.5pt;">Others</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(16,761</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">0.1</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 2.5pt;">Income tax expenses</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">216,939</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(1.8</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)%</td> </tr></tbody></table> The provision (benefit) for income tax consists of the following: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="10" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">For the year ended June 30</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2026</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2024</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 64%; text-align: left;">Current income tax</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">244,336</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">463,191</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">878,404</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt;">Deferred income tax</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(27,397</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">484,338</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(717,679</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 2.5pt;">Total provision for income tax expenses</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">216,939</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">947,529</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">160,725</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> </tr></tbody></table> As of June 30, 2026, the Company had net operating loss carry forwards of approximately $13,750,826, from the Company’s subsidiaries of mainland China, which will expire between 2026 and 2036 if not utilized. As of June 30, 2026, the Company had net operating loss carry forwards of approximately $3,001,315 and $2,422,776 from its operations in Singapore and Hong Kong, respectively. The net operating losses in Singapore and Hong Kong will be carried forward indefinitely. The significant components of the deferred tax assets and liabilities are as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="6" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">As of June 30,</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2026</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;">Deferred tax assets:</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 76%; text-align: left; padding-left: 11.4pt;">Net operating loss carry forwards</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">3,822,774</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">2,188,458</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 10pt;">Accrued expenses</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">13,110</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">36,094</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 10pt;">Lease liabilities</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">531,036</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">840,258</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt;">Share of investee’s loss</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">27,963</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">33,764</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 10pt;">Unrealized gains and losses for internal related parties</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">119,999</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">145,804</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 10pt;">Provision for credit losses</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">665,151</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">168,227</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"><td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 10pt;">Impairment of deferred contract costs</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">277,286</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt;">Others</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">38,801</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">7,259</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt; padding-left: 10pt;">Valuation allowances</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(4,856,865</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(2,495,112</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt; padding-left: 10pt;">Total deferred tax assets</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">639,255</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">924,752</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Deferred tax liabilities:</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: 10pt;">ROU assets</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">493,954</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">758,483</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt; text-indent: 10pt;">Intangible assets</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">290,210</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">344,139</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt; padding-left: 10pt;">Total deferred tax liabilities</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">784,164</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">1,102,622</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 2.5pt; padding-left: 10pt;">Net deferred tax assets</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">59,691</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">73,942</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 2.5pt; padding-left: 10pt;">Net deferred tax liabilities</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">204,600</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">251,812</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> </tr></tbody> </table> As of June 30, 2026 and 2025, valuation allowances were provided against deferred tax assets in entities which were in a three-year cumulative losses position and/or are not forecasted to turn profits in the foreseeable future. For the years ended June 30, 2026, 2025 and 2024, the Company accrued dividend distribution withholding tax for the remittance of earnings from subsidiaries in mainland China to offshore entities of nil, nil, and $147,982, respectively. As of June 30, 2026 and 2025, the Company intended to permanently reinvest the remaining undistributed earnings from subsidiaries of mainland China to fund future operations and thus nil and nil deferred tax has been recognized for withholding taxes that would be payable on the unremitted earnings that are subject to withholding taxes of the Company’s subsidiaries established in mainland China. Uncertain tax positions The Company evaluates each uncertain tax position (including the potential application of interest and penalties) based on the technical merits, and measures the unrecognized benefits associated with the tax positions. Unrecognized tax benefits were presented in “other non-current liabilities” in the consolidated balance sheets. As of June 30, 2026, 2025　and 2024, the Company had unrecognized tax benefits of $4,604,263, $3,880,945, and $2,780,674, respectively, of which $2,562,138, $2,685,639 and $2,649,114 are presented on a net basis against the deferred tax assets related to tax loss carry forwards on the consolidated balance sheet. As of June 30, 2026, 2025 and 2024, $2,594,061, $2,685,639 and $2,759,465 of the uncertain tax positions, if ultimately recognized, would affect the effective tax rate. The Company recorded interests of $353,561 and zero penalties related to potential underpaid income tax expenses for the year ended June 30, 2026, interests of $264,789 and zero penalties related to potential underpaid income tax expenses for the year ended June 30, 2025, and $368,123 interests and zero penalties related to potential underpaid income tax expenses for the year ended June 30, 2024, respectively. A reconciliation of the beginning and ending amount of unrecognized tax benefit was as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2026</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2024</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 64%;">Balance at July 1</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">3,880,945</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">2,780,674</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">2,442,085</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif;">Increase</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">1,215,792</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">1,072,205</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">518,179</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif;">Decrease</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(708,484</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(15,103</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(172,682</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt;">Foreign currency translation adjustment</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">216,010</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">43,169</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(6,908</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;">Balance at June 30</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">4,604,263</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">3,880,945</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">2,780,674</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> </tr></tbody></table> As of June 30, 2026, the open tax years for mainland China ranges from calendar year 2021 to calendar year 2026. (b) Tax Payables The Company’s tax payables consist of the following: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="6" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">As of June 30,</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2026</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 76%; text-align: left;">VAT payable</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">1,277,802</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">908,992</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Corporate income tax payable</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">372,261</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">113,840</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Withholding tax payable</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">454,699</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">390,640</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Disability insurance fund payable</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">759,004</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">971,516</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt;">Other tax payables</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">97,426</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">78,718</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 2.5pt;">Total tax payables</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">2,961,192</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">2,463,706</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> </tr></tbody></table>

0.165

0.17

0.25

0.15

(Loss) income before income taxes and share of (loss) income in equity investees <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="10" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">For the year ended June 30</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2026</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2024</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 64%; text-align: left;">Mainland China</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">(7,367,640</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">516,640</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">2,878,314</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt;">Non-mainland China</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(4,787,559</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(5,592,254</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(4,721,679</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(12,155,199</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(5,075,614</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(1,843,365</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> </tr></tbody></table>

-7367640

516640

2878314

-4787559

-5592254

-4721679

-12155199

-5075614

-1843365

0.25

-0.22

-0.565

0.053 -0.089

-0.017

-0.27

0.014

0.016

0.282

0.966

-0.025 -0.057 -0.05 -0.20 -0.047

-0.022

-0.023 -0.005 0.039 -0.146 -0.109

-0.30

0.036

-1.3

-0.009

-0.012

-0.186 -0.087 -3038800

0.25

2125638

-0.175

172726

-0.014

-577077 0.047

244083

-0.02

93246

-0.008

162256

-0.013

214915 -0.018 743375 -0.061

-40318

0.003

1530153

0.126

-577077 -0.047

-1222004

0.101 1238972

-0.102

739833 -0.061 -329931 -0.027

-16761

0.001

216939 -0.018

244336

463191

878404

-27397

484338

-717679

216939

947529

160725

13750826

3001315

2422776

The significant components of the deferred tax assets and liabilities are as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="6" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">As of June 30,</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2026</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;">Deferred tax assets:</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 76%; text-align: left; padding-left: 11.4pt;">Net operating loss carry forwards</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">3,822,774</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">2,188,458</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 10pt;">Accrued expenses</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">13,110</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">36,094</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 10pt;">Lease liabilities</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">531,036</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">840,258</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt;">Share of investee’s loss</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">27,963</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">33,764</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 10pt;">Unrealized gains and losses for internal related parties</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">119,999</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">145,804</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 10pt;">Provision for credit losses</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">665,151</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">168,227</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"><td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 10pt;">Impairment of deferred contract costs</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">277,286</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt;">Others</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">38,801</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">7,259</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt; padding-left: 10pt;">Valuation allowances</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(4,856,865</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(2,495,112</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt; padding-left: 10pt;">Total deferred tax assets</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">639,255</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">924,752</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Deferred tax liabilities:</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: 10pt;">ROU assets</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">493,954</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">758,483</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt; text-indent: 10pt;">Intangible assets</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">290,210</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">344,139</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt; padding-left: 10pt;">Total deferred tax liabilities</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">784,164</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">1,102,622</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 2.5pt; padding-left: 10pt;">Net deferred tax assets</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">59,691</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">73,942</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 2.5pt; padding-left: 10pt;">Net deferred tax liabilities</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">204,600</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">251,812</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> </tr></tbody> </table>

3822774

2188458

13110

36094

531036

840258

27963 33764 119999 145804

665151

168227

277286

38801

7259

4856865

2495112

639255

924752

493954

758483

290210

344139

784164

1102622

59691

73942

204600

251812

147982

4604263

3880945

2780674

2562138

2685639

2649114

2594061

2685639

2759465

353561

264789

368123

A reconciliation of the beginning and ending amount of unrecognized tax benefit was as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2026</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2024</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 64%;">Balance at July 1</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">3,880,945</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">2,780,674</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">2,442,085</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif;">Increase</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">1,215,792</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">1,072,205</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">518,179</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif;">Decrease</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(708,484</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(15,103</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(172,682</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt;">Foreign currency translation adjustment</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">216,010</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">43,169</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(6,908</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;">Balance at June 30</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">4,604,263</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">3,880,945</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">2,780,674</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> </tr></tbody></table>

3880945

2780674

2442085

1215792 1072205 518179 -708484 -15103 -172682

216010

43169

-6908

4604263

3880945

2780674

The Company’s tax payables consist of the following: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="6" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">As of June 30,</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2026</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 76%; text-align: left;">VAT payable</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">1,277,802</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">908,992</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Corporate income tax payable</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">372,261</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">113,840</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Withholding tax payable</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">454,699</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">390,640</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Disability insurance fund payable</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">759,004</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">971,516</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt;">Other tax payables</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">97,426</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">78,718</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 2.5pt;">Total tax payables</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">2,961,192</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">2,463,706</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> </tr></tbody></table>

1277802

908992

372261

113840

454699 390640 759004 971516

97426

78718

2961192

2463706

The following table sets forth the computation of basic and diluted losses per share for the periods indicated: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="10" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">For the year ended June 30,</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2026</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2024</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: bold 10pt Times New Roman, Times, Serif;">Basic losses per share calculation:</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;">Numerator:</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 64%; text-align: left; text-indent: -9pt; padding-left: 0.25in;">Net loss attributable to common shares</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; border-bottom: Black 4pt double; text-align: right;">(13,181,359</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 2.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; border-bottom: Black 4pt double; text-align: right;">(7,049,734</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 2.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; border-bottom: Black 4pt double; text-align: right;">(2,329,965</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 2.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif; text-indent: -9pt; padding-left: 0.25in;">Denominator:</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -9pt; padding-left: 27pt;">Weighted average common shares outstanding</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">29,377,255</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">27,533,182</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">25,213,012</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Basic losses per share attributable to common shares</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(0.45</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(0.26</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(0.09</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"><td style="font: bold 10pt Times New Roman, Times, Serif; text-indent: -10.05pt; padding-left: 10.05pt;">Diluted losses per share calculation:</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif;">Numerator:</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -5pt; padding-left: 15.8pt;">Net loss attributable to common shares for calculating diluted losses per share</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(13,181,359</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(7,049,734</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(2,329,965</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif; text-indent: 10pt;">Denominator:</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: 10pt;">Weighted average common shares outstanding</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">29,377,255</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">27,533,182</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">25,213,012</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif; text-indent: -9pt; padding-left: 27pt;">Weighted average common shares equivalents:</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"><td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 0.5in;">Effects of dilutive securities</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -9pt; padding-left: 45pt;">Warrants</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -9pt; padding-left: 45pt;">Share options</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -9pt; padding-left: 45pt;">RSUs</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -9pt; padding-left: 45pt;">Shares used in computing diluted losses per share attributable to common shares</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">29,377,255</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">27,533,182</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">25,213,012</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -9pt; padding-left: 9pt;">Diluted losses per share attributable to common shares</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(0.45</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(0.26</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(0.09</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> </tr></tbody></table>

-13181359

-7049734

-2329965

29377255

27533182

25213012

-0.45

-0.26

-0.09

-13181359

-7049734

-2329965

29377255

27533182

25213012

29377255

27533182

25213012

-0.45

-0.26

-0.09

2666666

2666666 2666666

2210000

2220000

11011663

20000000

2790300

200000

2590300

P5Y

0.25

1300000

P5Y

0.25

1023531

P5Y

0.25

1535000

P5Y

0.25

1472000

P5Y

0.25

1484500

P5Y

0.25

327464

657878

1186806

0.17

0.18

0.16

0.46

0.44

0.43

0.41

0.42

0.0386

0.0413

0.0442

2.2 2.8 2.2 2.8 2.2 2.8

0.12

0.09

0.05 0.13 0.15 0.19 0.12 0.30

0.91

0.81

0.98

6448818

1.66

0.75

P2Y

134491

1484500

0.8

0.17

27800

0.8

0.42

6462

1393900

1.68

0.68

6511618

1.48

0.64

P1Y10M24D

168221

3186984

1.93

0.92

42539

6649083

1.37

0.6

P1Y10M24D

176908

861344

953513

1098566

162693

P1Y7M13D

1934000

2200000

1800000

1642992

1810033

1981210

41300

2.96

1800000

0.91

1838600

0.96

2700

3.15

1675158

1786633

1935396

0.91

0.81

0.98

1901434

2280470

2880987

66589

179938

275562

2433

7503

11467

1970456

2467911

3168016

2666666

0.0001

2666666

15999996

1317119

14682877

11131829

3551048

138820

0.13

3640000

0.1

2560000

0.10

0.50

160902 300341 196276 In addition, the Company’s subsidiaries incorporated in mainland China are required to annually appropriate 10% of their net income to the statutory reserve prior to payment of any dividends, unless the reserve has reached 50% of their respective registered capital.

26956208

26795306

The components of accumulated other comprehensive (loss) income were as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">Foreign currency translation (loss) income</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: bold 10pt Times New Roman, Times, Serif; width: 88%;">Balance at June 30, 2024</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">(4,345,902</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Current-period other comprehensive income</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">1,265,061</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt;">Other comprehensive income attribute to noncontrolling interests</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(14,666</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;">Balance at June 30, 2025</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(3,095,507</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Current-period other comprehensive income</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">693,977</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt;">Other comprehensive income attribute to noncontrolling interests</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(92,349</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;">Balance at June 30, 2026</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(2,493,879</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> </tr></tbody></table>

-4345902

1265061

14666

-3095507

693977

92349

-2493879

0.60 0.40

NOTE 20 – SEGMENT INFORMATION The Company follows ASC Topic 280, Segment Reporting, which requires that companies to disclose segment data based on how the chief operating decision maker (“CODM”) makes decision about allocating resources to each segment and evaluating their performances. The Company’s CODM has been identified as the Chief Executive Officer. The Company has two operating and reportable segments, consisting of IT services and academic education service. The reportable segments align with the manner in which the CODM currently receives and uses financial information to allocate resource and evaluate the performance of the segments. The Company presents segment information after elimination of inter-company transactions. In general, revenue, cost of revenue and operating expenses are directly attributable to each segment. The CODM uses gross profit, gross profit margin, operating income (loss), operating margin, and income (loss) before tax to assess financial performance and allocate resources. The CODM considers budget to actual comparisons on a regular basis when assessing the operating results and making resource decisions to improve profitability. The CODM also uses the budget to actual comparisons to make decisions aligned with the Company’s strategic initiatives and capital allocation priorities. The Company’s CODM does not evaluate its operating segments using discrete asset information. There is no asset information that are supplemental to those disclosed in these consolidated financial statements, that are regularly provided to the CODM. The table below provides a summary of the Company’s operating segment operating results for the year ended June 30, 2026: <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="14" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">For the year ended June 30, 2026</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> </tr><tr style="vertical-align: bottom;"><td style="text-align: center;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">IT services</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">Academic education services</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">Intersegment eliminations</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">Total</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 52%;">Revenue</td> <td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 9%; text-align: right;">170,545,778</td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 9%; text-align: right;">1,665,553</td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 9%; text-align: right;"> -</td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 9%; text-align: right;">172,211,331</td> <td style="width: 1%; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"><td>Less:</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -9pt; padding-left: 9pt;">Cost of revenues</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">140,768,846</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">764,874</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">141,533,720</td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt;">Gross profit</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">29,776,932</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">900,679</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">30,677,611</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt;">Gross profit margin</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">17</td> <td style="padding-bottom: 1.5pt; text-align: left;">%</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">54</td> <td style="padding-bottom: 1.5pt; text-align: left;">%</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">18</td> <td style="padding-bottom: 1.5pt; text-align: left;">%</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt;">Selling and marketing expenses</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">4,033,819</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">139,893</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">4,173,712</td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt;">General and administrative expenses</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">28,692,059</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">1,903,450</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">30,595,509</td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt;">Research and development expenses</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">6,668,643</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">6,668,643</td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt;">Other segment operating loss (income)*</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">(733,657</td> <td style="padding-bottom: 1.5pt; text-align: left;">)</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">1,435,782</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">702,125</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: justify; padding-bottom: 1.5pt;">Operating loss</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">(8,883,932</td> <td style="padding-bottom: 1.5pt; text-align: left;">)</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">(2,578,446</td> <td style="padding-bottom: 1.5pt; text-align: left;">)</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">(11,462,378</td> <td style="padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: justify; padding-bottom: 1.5pt;">Operating margin</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">(5</td> <td style="padding-bottom: 1.5pt; text-align: left;">)%</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">(155</td> <td style="padding-bottom: 1.5pt; text-align: left;">)%</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">(7</td> <td style="padding-bottom: 1.5pt; text-align: left;">)%</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt;">Total other loss, net</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">(679,866</td> <td style="text-align: left;">)</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">(12,955</td> <td style="text-align: left;">)</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">(692,821</td> <td style="text-align: left;">)</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt;">Loss before income taxes</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">(9,563,798</td> <td style="padding-bottom: 1.5pt; text-align: left;">)</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">(2,591,401</td> <td style="padding-bottom: 1.5pt; text-align: left;">)</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">(12,155,199</td> <td style="padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt;">Other segment (loss) income, net**</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">(792,937</td> <td style="text-align: left;">)</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">19,535</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">(773,402</td> <td style="text-align: left;">)</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 4pt; text-indent: -9pt; padding-left: 9pt;">Net loss</td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">(10,356,735</td> <td style="padding-bottom: 4pt; text-align: left;">)</td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">(2,571,866</td> <td style="padding-bottom: 4pt; text-align: left;">)</td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">-</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">(12,928,601</td> <td style="padding-bottom: 4pt; text-align: left;">)</td> </tr></tbody></table> The table below provides a summary of the Company’s operating segment operating results for the year ended June 30, 2025: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="14" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">For the year ended June 30, 2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"> </td> <td style="text-align: center; font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; vertical-align: bottom;"> </td> <td colspan="2" style="vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">IT services</td> <td style="text-align: center; font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; vertical-align: bottom;"> </td> <td style="text-align: center; font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; vertical-align: bottom;"> </td> <td colspan="2" style="vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">Academic education services</td> <td style="text-align: center; font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; vertical-align: bottom;"> </td> <td style="text-align: center; font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; vertical-align: bottom;"> </td> <td colspan="2" style="vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">Intersegment eliminations</td> <td style="text-align: center; font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; vertical-align: bottom;"> </td> <td style="text-align: center; font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; vertical-align: bottom;"> </td> <td colspan="2" style="vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">Total</td> <td style="text-align: center; font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; vertical-align: bottom;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 52%;">Revenue</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">162,467,057</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">2,047,049</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">(32,692</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">164,481,414</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif;">Less:</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -9pt; padding-left: 9pt;">Cost of revenues</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">127,362,787</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">819,260</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(6,051</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">128,175,996</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt;">Gross profit</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">35,104,270</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">1,227,789</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(26,641</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">36,305,418</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt;">Gross profit margin</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">22</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">%</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">60</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">%</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">22</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -9pt; padding-left: 9pt;">Selling and marketing expenses</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">4,939,341</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">241,341</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">5,180,682</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -9pt; padding-left: 9pt;">General and administrative expenses</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">30,229,878</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">1,622,301</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">31,852,179</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -9pt; padding-left: 9pt;">Research and development expenses</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">5,815,555</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">5,815,555</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt;">Other segment operating income*</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(1,165,694</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(1,165,694</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1.5pt;">Operating loss</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(4,714,810</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(635,853</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(26,641</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(5,377,304</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1.5pt;">Operating margin</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(3</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)%</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(31</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)%</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(3</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -9pt; padding-left: 9pt;">Total other income (loss), net</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">310,617</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(8,927</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">301,690</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt;">Loss before income taxes</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(4,404,195</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(644,778</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(26,641</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(5,075,614</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -9pt; padding-left: 9pt;">Other segment (loss) income, net**</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(1,473,609</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">122,659</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(1,350,950</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 2.5pt; text-indent: -9pt; padding-left: 9pt;">Net loss</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(5,877,804</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(522,119</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(26,641</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(6,426,564</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> </tr></tbody></table> The table below provides a summary of the Company’s operating segment operating results for the year ended June 30, 2024: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="14" style="font: bold 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: center;">For the year ended June 30, 2024</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: center;">IT services</td> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: center;">Academic education services</td> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: center;">Intersegment eliminations</td> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: center;">Total</td> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 52%;">Revenue</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">141,818,338</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">1,042,832</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">(48,444</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">142,812,726</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif;">Less:</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -9pt; padding-left: 9pt;">Cost of revenues</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">109,506,676</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">367,886</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(8,967</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">109,865,595</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt;">Gross profit</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">32,311,662</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">674,946</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(39,477</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">32,947,131</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt;">Gross profit margin</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">23</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">%</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">65</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">%</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">81</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">%</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">23</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -9pt; padding-left: 9pt;">Selling and marketing expenses</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">4,573,344</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">4,573,344</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -9pt; padding-left: 9pt;">General and administrative expenses</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">24,500,116</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">619,894</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">25,120,010</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -9pt; padding-left: 9pt;">Research and development expenses</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">7,155,949</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">7,155,949</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt;">Other segment operating income*</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(1,363,757</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(1,363,757</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1.5pt;">Operating (loss) income</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(2,553,990</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">55,052</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(39,477</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(2,538,415</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1.5pt;">Operating margin</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(2</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)%</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(5</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)%</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(81</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)%</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(2</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -9pt; padding-left: 9pt;">Total other income, net</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">686,051</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">8,999</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">695,050</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt;">(Loss) income before income taxes</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(1,867,939</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">64,051</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(39,477</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(1,843,365</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -9pt; padding-left: 9pt;">Other segment (loss) income, net **</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(16,712</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">12,767</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(3,945</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 2.5pt; text-indent: -9pt; padding-left: 9pt;">Net (loss) income</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(1,884,651</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">76,818</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(39,477</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(1,847,310</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> </tr></tbody></table> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;"><td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0pt; text-indent: 0pt; width: 0.25in;">*</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0pt; text-indent: 0pt;">Other segment operating income includes impairment of goodwill and subsidies and other operating income.</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;"><td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0pt; text-indent: 0pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0pt; text-indent: 0pt;"> </td> </tr></tbody> </table><table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;"><td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0pt; text-indent: 0pt; width: 0.25in;">**</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0pt; text-indent: 0pt;">Other segment (loss) income includes provision for income taxes and share of income (loss) in equity method investees.</td> </tr></tbody> </table> The following table presents revenues by the service lines for the years ended June 30, 2026, 2025 and 2024: <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-align: center;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="10" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">For the year ended June 30</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> </tr><tr style="vertical-align: bottom;"><td style="text-align: center;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">2026</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">2025</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">2024</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> </tr><tr style="vertical-align: bottom;"><td>Revenue:</td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 64%; text-align: left; padding-left: 9pt;">IT consulting service</td> <td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 9%; text-align: right;">164,064,793</td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 9%; text-align: right;">158,790,921</td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 9%; text-align: right;">136,844,784</td> <td style="width: 1%; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-left: 9pt;">Customized IT solution service</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">5,949,195</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">2,781,538</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">3,147,593</td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="padding-bottom: 1.5pt; padding-left: 9pt;">Other</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">531,790</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">894,598</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">1,825,961</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="font-weight: bold; text-align: left;">IT services subtotal</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">170,545,778</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">162,467,057</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">141,818,338</td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"><td>Revenue:</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-bottom: 1.5pt;">Academic education service</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">1,665,553</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">2,047,049</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">1,042,832</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font-weight: bold; padding-bottom: 1.5pt;">Inter-segment*</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">(32,692</td> <td style="padding-bottom: 1.5pt; text-align: left;">)</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">(48,444</td> <td style="padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="font-weight: bold; text-align: left; padding-bottom: 4pt;">Total revenue</td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">172,211,331</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">164,481,414</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">142,812,726</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> </tr></tbody></table> The following table presents revenues generated in domestic and overseas markets for the years ended June 30, 2026, 2025 and 2024: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="10" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">For the year ended June 30</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2026</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2024</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 64%; text-align: left;">Mainland China</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">109,515,023</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">121,989,818</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">120,510,430</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif;">Singapore</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">25,962,669</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">21,882,041</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">10,987,527</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Hong Kong</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">23,184,244</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">14,397,386</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">6,245,523</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">United States</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">6,355,166</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">3,881,511</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">4,367,813</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif;">Japan</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">4,455,633</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">2,000,817</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">566,410</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif;">India</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">102,395</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">213,851</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">8,512</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;">Others</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">2,636,201</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">115,990</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">126,511</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;">Total</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">172,211,331</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">164,481,414</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">142,812,726</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> </tr></tbody></table> Long-lived assets by geographic area are presented as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="10" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">For the year ended June 30</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2026</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2024</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 64%; text-align: left;">Hong Kong</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">13,995,880</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">14,573,483</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">15,290,412</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif;">Singapore</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">4,771,157</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">5,108,371</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">4,861,111</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Mainland China</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">1,149,505</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">1,512,594</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">1,010,449</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif;">India</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">15,950</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">15,841</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">4,052</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif;">Malaysia</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">2,174</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">2,373</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;">Japan</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">17,629</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">127</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;">Total</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">19,950,121</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">21,212,463</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">21,168,524</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> </tr></tbody></table>

The Company follows ASC Topic 280, Segment Reporting, which requires that companies to disclose segment data based on how the chief operating decision maker (“CODM”) makes decision about allocating resources to each segment and evaluating their performances. The Company’s CODM has been identified as the Chief Executive Officer.

The table below provides a summary of the Company’s operating segment operating results for the year ended June 30, 2026: <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="14" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">For the year ended June 30, 2026</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> </tr><tr style="vertical-align: bottom;"><td style="text-align: center;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">IT services</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">Academic education services</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">Intersegment eliminations</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">Total</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 52%;">Revenue</td> <td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 9%; text-align: right;">170,545,778</td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 9%; text-align: right;">1,665,553</td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 9%; text-align: right;"> -</td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 9%; text-align: right;">172,211,331</td> <td style="width: 1%; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"><td>Less:</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-indent: -9pt; padding-left: 9pt;">Cost of revenues</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">140,768,846</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">764,874</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">141,533,720</td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt;">Gross profit</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">29,776,932</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">900,679</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">30,677,611</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt;">Gross profit margin</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">17</td> <td style="padding-bottom: 1.5pt; text-align: left;">%</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">54</td> <td style="padding-bottom: 1.5pt; text-align: left;">%</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">18</td> <td style="padding-bottom: 1.5pt; text-align: left;">%</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt;">Selling and marketing expenses</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">4,033,819</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">139,893</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">4,173,712</td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt;">General and administrative expenses</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">28,692,059</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">1,903,450</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">30,595,509</td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt;">Research and development expenses</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">6,668,643</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">6,668,643</td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt;">Other segment operating loss (income)*</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">(733,657</td> <td style="padding-bottom: 1.5pt; text-align: left;">)</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">1,435,782</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">702,125</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: justify; padding-bottom: 1.5pt;">Operating loss</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">(8,883,932</td> <td style="padding-bottom: 1.5pt; text-align: left;">)</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">(2,578,446</td> <td style="padding-bottom: 1.5pt; text-align: left;">)</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">(11,462,378</td> <td style="padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: justify; padding-bottom: 1.5pt;">Operating margin</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">(5</td> <td style="padding-bottom: 1.5pt; text-align: left;">)%</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">(155</td> <td style="padding-bottom: 1.5pt; text-align: left;">)%</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">(7</td> <td style="padding-bottom: 1.5pt; text-align: left;">)%</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt;">Total other loss, net</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">(679,866</td> <td style="text-align: left;">)</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">(12,955</td> <td style="text-align: left;">)</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">(692,821</td> <td style="text-align: left;">)</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt;">Loss before income taxes</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">(9,563,798</td> <td style="padding-bottom: 1.5pt; text-align: left;">)</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">(2,591,401</td> <td style="padding-bottom: 1.5pt; text-align: left;">)</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">(12,155,199</td> <td style="padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt;">Other segment (loss) income, net**</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">(792,937</td> <td style="text-align: left;">)</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">19,535</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">(773,402</td> <td style="text-align: left;">)</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="text-align: left; padding-bottom: 4pt; text-indent: -9pt; padding-left: 9pt;">Net loss</td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">(10,356,735</td> <td style="padding-bottom: 4pt; text-align: left;">)</td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">(2,571,866</td> <td style="padding-bottom: 4pt; text-align: left;">)</td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">-</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">(12,928,601</td> <td style="padding-bottom: 4pt; text-align: left;">)</td> </tr></tbody></table>The table below provides a summary of the Company’s operating segment operating results for the year ended June 30, 2025: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="14" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">For the year ended June 30, 2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"> </td> <td style="text-align: center; font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; vertical-align: bottom;"> </td> <td colspan="2" style="vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">IT services</td> <td style="text-align: center; font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; vertical-align: bottom;"> </td> <td style="text-align: center; font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; vertical-align: bottom;"> </td> <td colspan="2" style="vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">Academic education services</td> <td style="text-align: center; font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; vertical-align: bottom;"> </td> <td style="text-align: center; font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; vertical-align: bottom;"> </td> <td colspan="2" style="vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">Intersegment eliminations</td> <td style="text-align: center; font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; vertical-align: bottom;"> </td> <td style="text-align: center; font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; vertical-align: bottom;"> </td> <td colspan="2" style="vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">Total</td> <td style="text-align: center; font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; vertical-align: bottom;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 52%;">Revenue</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">162,467,057</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">2,047,049</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">(32,692</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">164,481,414</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif;">Less:</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -9pt; padding-left: 9pt;">Cost of revenues</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">127,362,787</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">819,260</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(6,051</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">128,175,996</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt;">Gross profit</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">35,104,270</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">1,227,789</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(26,641</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">36,305,418</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt;">Gross profit margin</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">22</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">%</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">60</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">%</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">22</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -9pt; padding-left: 9pt;">Selling and marketing expenses</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">4,939,341</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">241,341</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">5,180,682</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -9pt; padding-left: 9pt;">General and administrative expenses</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">30,229,878</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">1,622,301</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">31,852,179</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -9pt; padding-left: 9pt;">Research and development expenses</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">5,815,555</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">5,815,555</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt;">Other segment operating income*</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(1,165,694</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(1,165,694</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1.5pt;">Operating loss</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(4,714,810</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(635,853</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(26,641</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(5,377,304</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1.5pt;">Operating margin</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(3</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)%</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(31</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)%</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(3</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -9pt; padding-left: 9pt;">Total other income (loss), net</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">310,617</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(8,927</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">301,690</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt;">Loss before income taxes</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(4,404,195</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(644,778</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(26,641</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(5,075,614</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -9pt; padding-left: 9pt;">Other segment (loss) income, net**</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(1,473,609</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">122,659</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(1,350,950</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 2.5pt; text-indent: -9pt; padding-left: 9pt;">Net loss</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(5,877,804</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(522,119</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(26,641</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(6,426,564</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> </tr></tbody></table> The table below provides a summary of the Company’s operating segment operating results for the year ended June 30, 2024: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="14" style="font: bold 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: center;">For the year ended June 30, 2024</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: center;">IT services</td> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: center;">Academic education services</td> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: center;">Intersegment eliminations</td> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: center;">Total</td> <td style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 52%;">Revenue</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">141,818,338</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">1,042,832</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">(48,444</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">142,812,726</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"><td style="font: 10pt Times New Roman, Times, Serif;">Less:</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-indent: -9pt; padding-left: 9pt;">Cost of revenues</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">109,506,676</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">367,886</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(8,967</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">109,865,595</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt;">Gross profit</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">32,311,662</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">674,946</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(39,477</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">32,947,131</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt;">Gross profit margin</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">23</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">%</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">65</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">%</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">81</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">%</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">23</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -9pt; padding-left: 9pt;">Selling and marketing expenses</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">4,573,344</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">4,573,344</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -9pt; padding-left: 9pt;">General and administrative expenses</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">24,500,116</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">619,894</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">25,120,010</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -9pt; padding-left: 9pt;">Research and development expenses</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">7,155,949</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">7,155,949</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt;">Other segment operating income*</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(1,363,757</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(1,363,757</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1.5pt;">Operating (loss) income</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(2,553,990</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">55,052</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(39,477</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(2,538,415</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1.5pt;">Operating margin</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(2</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)%</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(5</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)%</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(81</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)%</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(2</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)%</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -9pt; padding-left: 9pt;">Total other income, net</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">686,051</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">8,999</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">695,050</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt;">(Loss) income before income taxes</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(1,867,939</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">64,051</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(39,477</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">(1,843,365</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -9pt; padding-left: 9pt;">Other segment (loss) income, net **</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(16,712</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">12,767</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">(3,945</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">)</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 2.5pt; text-indent: -9pt; padding-left: 9pt;">Net (loss) income</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(1,884,651</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">76,818</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(39,477</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">(1,847,310</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;">)</td> </tr></tbody></table> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;"><td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0pt; text-indent: 0pt; width: 0.25in;">*</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0pt; text-indent: 0pt;">Other segment operating income includes impairment of goodwill and subsidies and other operating income.</td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;"><td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0pt; text-indent: 0pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0pt; text-indent: 0pt;"> </td> </tr></tbody> </table><table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;"><td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0pt; text-indent: 0pt; width: 0.25in;">**</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 0pt; text-indent: 0pt;">Other segment (loss) income includes provision for income taxes and share of income (loss) in equity method investees.</td> </tr></tbody> </table>

170545778

1665553

172211331

140768846

764874

141533720

29776932

900679

30677611

0.17 0.54 0.18

4033819

139893

4173712

28692059

1903450

30595509

6668643

-733657

702125

-8883932

-2578446

-11462378

-0.05 -1.55 -0.07

-679866

-12955

-692821

-9563798

-2591401

-12155199

-792937

19535

-773402

-10356735

-2571866

-12928601

162467057

2047049

-32692

164481414

127362787

819260

-6051

128175996

35104270

1227789

-26641

36305418

0.22 0.60 0.22

4939341

241341

5180682

30229878

1622301

31852179

5815555

-1165694

-4714810

-635853

-26641

-5377304

-0.03 -0.31 -0.03

310617

-8927

301690

-4404195

-644778

-26641

-5075614

-1473609

122659

-1350950

-5877804

-522119

-26641

-6426564

141818338

1042832

-48444

142812726

109506676

367886

-8967

109865595

32311662

674946

-39477

32947131

0.23 65 81 0.23

4573344

24500116

619894

25120010

7155949

-1363757

-2553990

55052

-39477

-2538415

-0.02 -5 -81 -0.02

686051

8999

695050

-1867939

64051

-39477

-1843365

-16712

12767

-3945

-1884651

76818

-39477

-1847310

The following table presents revenues by the service lines for the years ended June 30, 2026, 2025 and 2024: <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="text-align: center;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="10" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">For the year ended June 30</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> </tr><tr style="vertical-align: bottom;"><td style="text-align: center;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">2026</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">2025</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> <td style="font-weight: bold; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid;">2024</td> <td style="padding-bottom: 1.5pt; font-weight: bold;"> </td> </tr><tr style="vertical-align: bottom;"><td>Revenue:</td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="width: 64%; text-align: left; padding-left: 9pt;">IT consulting service</td> <td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 9%; text-align: right;">164,064,793</td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 9%; text-align: right;">158,790,921</td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 1%;"> </td> <td style="width: 1%; text-align: left;"> </td> <td style="width: 9%; text-align: right;">136,844,784</td> <td style="width: 1%; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-left: 9pt;">Customized IT solution service</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">5,949,195</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">2,781,538</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">3,147,593</td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="padding-bottom: 1.5pt; padding-left: 9pt;">Other</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">531,790</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">894,598</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">1,825,961</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="font-weight: bold; text-align: left;">IT services subtotal</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">170,545,778</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">162,467,057</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">141,818,338</td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"><td>Revenue:</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="text-align: left; padding-bottom: 1.5pt;">Academic education service</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">1,665,553</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">2,047,049</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">1,042,832</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font-weight: bold; padding-bottom: 1.5pt;">Inter-segment*</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">-</td> <td style="padding-bottom: 1.5pt; text-align: left;"> </td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">(32,692</td> <td style="padding-bottom: 1.5pt; text-align: left;">)</td> <td style="padding-bottom: 1.5pt;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: right;">(48,444</td> <td style="padding-bottom: 1.5pt; text-align: left;">)</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="font-weight: bold; text-align: left; padding-bottom: 4pt;">Total revenue</td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">172,211,331</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">164,481,414</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> <td style="padding-bottom: 4pt;"> </td> <td style="border-bottom: Black 4pt double; text-align: left;"> </td> <td style="border-bottom: Black 4pt double; text-align: right;">142,812,726</td> <td style="padding-bottom: 4pt; text-align: left;"> </td> </tr></tbody></table>

164064793

158790921

136844784

5949195

2781538

3147593

531790

894598

1825961

170545778

162467057

141818338

1665553

2047049

1042832

-32692

-48444

172211331

164481414

142812726

The following table presents revenues generated in domestic and overseas markets for the years ended June 30, 2026, 2025 and 2024:<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="10" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">For the year ended June 30</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2026</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">2024</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 64%; text-align: left;">Mainland China</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">109,515,023</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">121,989,818</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">120,510,430</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif;">Singapore</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">25,962,669</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">21,882,041</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">10,987,527</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">Hong Kong</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">23,184,244</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">14,397,386</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">6,245,523</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;">United States</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">6,355,166</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">3,881,511</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">4,367,813</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif;">Japan</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">4,455,633</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">2,000,817</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">566,410</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif;">India</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">102,395</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">213,851</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">8,512</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;">Others</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">2,636,201</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">115,990</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid; text-align: right;">126,511</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;">Total</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">172,211,331</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">164,481,414</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 4pt double; text-align: right;">142,812,726</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left;"> </td> </tr></tbody></table>

109515023

121989818

120510430

25962669

21882041

10987527

23184244

14397386

6245523

6355166

3881511

4367813

4455633

2000817

566410

102395

213851

8512

2636201

115990

126511

172211331

164481414

142812726

13995880

14573483

15290412

4771157

5108371

4861111

1149505

1512594

1010449

15950

15841

4052

2174

2373

17629

127

19950121

21212463

21168524

NOTE 21 – FAIR VALUE MEASUREMENT ASC 820 establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows: Level 1 — Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 — Includes other inputs that are directly or indirectly observable in the marketplace. Level 3 — Unobservable inputs which are supported by little or no market activity. The determination of where assets and liabilities fall within this hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The following is the Company’s assets required to be measured at fair value on a recurring basis and where they are classified within the fair value hierarchy as of June 30, 2026 and 2025: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="14" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">As of June 30, 2026</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">Level 1</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">Level 2</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">Level 3</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">Total</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: bold 10pt Times New Roman, Times, Serif;">Asset</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 52%; text-align: left; text-indent: -0.125in; padding-left: 0.125in;">Equity investments without readily determinable fair value using NAV practical expedient*</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">1,292,181</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -0.125in; padding-left: 0.125in;">Available-for-sale equity securities</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">66,944</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">66,944</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr></tbody></table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="14" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">As of June 30, 2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">Level 1</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">Level 2</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">Level 3</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">Total</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: bold 10pt Times New Roman, Times, Serif;">Asset</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 52%; text-align: left; text-indent: -0.125in; padding-left: 0.125in;">Equity investments without readily determinable fair value using NAV practical expedient*</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">566,343</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -0.125in; padding-left: 0.125in;">Available-for-sale equity securities</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">59,998</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">59,998</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr></tbody></table> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-left: 0pt; text-indent: 0pt; width: 0.25in;">* </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-left: 0pt; text-indent: 0pt;">In accordance with ASC 820, investments that are measured at fair value using the NAV practical expedient are not classified in the fair value hierarchy.</td> </tr></tbody> </table> There are no liabilities required to be measured at fair value on a recurring basis as of June 30, 2026 and 2025.

The following is the Company’s assets required to be measured at fair value on a recurring basis and where they are classified within the fair value hierarchy as of June 30, 2026 and 2025: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="14" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">As of June 30, 2026</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">Level 1</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">Level 2</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">Level 3</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">Total</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: bold 10pt Times New Roman, Times, Serif;">Asset</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 52%; text-align: left; text-indent: -0.125in; padding-left: 0.125in;">Equity investments without readily determinable fair value using NAV practical expedient*</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">1,292,181</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -0.125in; padding-left: 0.125in;">Available-for-sale equity securities</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">66,944</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">66,944</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr></tbody></table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="14" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">As of June 30, 2025</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: center;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">Level 1</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">Level 2</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">Level 3</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> <td colspan="2" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid;">Total</td> <td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: bold 10pt Times New Roman, Times, Serif;">Asset</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom;"><td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: right;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="font: 10pt Times New Roman, Times, Serif; width: 52%; text-align: left; text-indent: -0.125in; padding-left: 0.125in;">Equity investments without readily determinable fair value using NAV practical expedient*</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right;">566,343</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left;"> </td> </tr><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White;"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: -0.125in; padding-left: 0.125in;">Available-for-sale equity securities</td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">59,998</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">-</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right;">59,998</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left;"> </td> </tr></tbody></table> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt;"> <tbody><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top;"><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-left: 0pt; text-indent: 0pt; width: 0.25in;">* </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-left: 0pt; text-indent: 0pt;">In accordance with ASC 820, investments that are measured at fair value using the NAV practical expedient are not classified in the fair value hierarchy.</td> </tr></tbody> </table>

1292181

66944

566343

59998

1159899

61092

32954827

34820125

204354

53161

34319080

34934378

33884223

43942900

68203303

78877278

24962

23383134

23340493

23408096

23340493

23408096

23340493

0.0001

100000000

29854852

27988452

2986

2799

62148120

60177851

132303

-14729717

-1548358

-2493879

-3095507

44795207

55536785

68203303

78877278

2659093

3138420

3325805

-10513638 -4220986 428620

413038

567220

8628

103366

-13181359

-7049734

-2329965

-13181359

-7049734

-2329965

601628

1250395

-355308

-12579731

-5799339

-2685273

1084443

-508820

5780974

-3641025

-2554508

14364

-52031

-8145

1098807

-4201876

3218321

61092

4262968

1044647

1159899

61092

4262968

Prepaid expenses, advances and deposits to suppliers primarily consist of advances and deposits to suppliers The Company recognized $1,707,324 of impairment loss on deferred contract costs for the year ended June 30, 2026. Notes receivable represents accounts receivable due from various customers where the customers’ banks or customers have guaranteed the payments. The notes are non-interest bearing and normally paid within three to six months. The Company has the ability to submit request for payment to the customer’s bank earlier than the scheduled payment date, but will incur an interest charge and a processing fee Other segment operating income includes impairment of goodwill and subsidies and other operating income. Other segment (loss) income includes provision for income taxes and share of income (loss) in equity method investees. In accordance with ASC 820, investments that are measured at fair value using the NAV practical expedient are not classified in the fair value hierarchy. For the year ended June 30, 2026, income taxes paid amounted to $21,222 in mainland China, $25,117 in Singapore, $6,682 in India and $4,287 in other foreign jurisdictions, respectively. The balance represents loans due from Fuson Group with 6.50% interest rate, which should be repaid within 30 months. The balance represent the loan due from Qin Er Lin which should be repaid within five years. The interest rates for the loan was 4.0% as of June 30, 2026.Qin Er Lin repaid the loan from related parties on October 8, 2026.