v3.26.3
Disposal of Subsidiaries and Discontinued Operation (Tables)
 12 Months Ended
Jun. 30, 2026
Disposal of Subsidiaries and Discontinued Operation [Abstract]  
Schedule of Assets and Liabilities of the Disposed Subsidiaries and Disposal Gain Recognized

The assets and liabilities of the disposed subsidiaries and disposal gain recognized accordingly are as follows:

 

    Amount  
    USD  
Consideration     5,267,317  
Less:        
Total assets as of disposed date     3,097,606  
Total liabilities as of disposed date     (2,632,700 )
Total gain on disposal of subsidiaries     4,802,411  

The assets and liabilities of the disposed subsidiaries and disposal loss recognized accordingly are as follows:

 

    Amount  
    USD  
Consideration     751,647  
Less:        
Total assets as of Disposal Date     2,819,978  
Total liabilities as of Disposal Date     (1,333,582 )
Effect of exchange rate changes on cash and cash equivalents of Guangdong Yunjia     (47,582 )
Non-controlling interests     (687,167 )
Total loss on discontinue of Guangdong Yunjia     -  
Schedule of Consolidated Balance Sheets

The assets and liabilities of Guangdong Yunjia are included in the captions “Current assets held-for-sale”, “Non-current assets held-for-sale”, “Current liabilities held-for-sale” and “Non-current liabilities held-for-sale”, in the accompanying consolidated balance sheets as of June 30, 2025 and consist of the following:

 

    As of
June 30,
2025		  
    USD  
Cash and cash equivalents     19,040  
Advanced to suppliers     718  
Accounts receivable, net     694,984  
Prepaid expenses and other current assets     83,858  
Inventories, net     249,253  
Amount due from related parties     362,132  
Current assets held-for-sale     1,409,985  
         
Property and equipment, net     632,450  
Right-of-use assets     299,121  
Deferred tax assets     1,075  
Non-current assets held-for-sale     932,646  
         
Accounts payable     310,484  
Accrued expenses and other current liabilities     53,469  
Operating lease liabilities - current     175,272  
Amounts due to related parties     642,032  
Current liabilities held-for-sale     1,181,257  
         
Operating lease liabilities - non-current     135,209  
Non-current liabilities held-for-sale     135,209  
Schedule of Condensed Cash Flows

The condensed cash flows of Guangdong Yunjia were as follows for the period from July 1, 2025 through the Disposal Date, and the years ended June 30, 2025 and 2024, are included in the consolidated statements of cash flows of the Company as cash flow from discontinued operations.

 

    The period from
July 1, 2025
through the		     For the years ended June 30,  
    Disposal Date     2025     2024  
    USD     USD     USD  
Net cash provided by/(used) in operating activities     (19,467 )     (641,425 )     -  
Net cash used in investing activities     (6,971 )     (10,293 )     -  
Net cash (used in)/provided by financing activities     76,901       277,227       -  
Schedule of Consolidated Statements of Operations

The comparative consolidated statements of operations have been represented to show the discontinued operations separately from continuing operations. Results of operations of Guangdong Yunjia the period from July 1, 2025 through the Disposal Date, and the years ended June 30, 2025 and 2024, are shown in the table below and included in the consolidated comprehensive (loss)/income as “net income/(loss) from the discontinued operations” after intercompany eliminations, as applicable.

 

 

    The period from
July 1, 2025
through the		     For the years ended June 30,  
    Disposal Date     2025     2024  
    USD     USD     USD  
Net revenue     1,295,877       1,286,070       -  
Cost of revenue     (1,173,122 )     (1,146,181 )     -  
Gross profit     122,755       139,889       -  
                         
Operating expenses                        
Selling expenses     (24,746 )     (23,317 )     -  
General and administrative expenses     (74,548 )     (94,275 )     -  
Research and development expenses     -       (30,042 )     -  
Total operating expenses     (99,294 )     (147,634 )     -  
Operating income/(loss) from discontinued operations     23,461       (7,745 )     -  
                         
Other (expenses)/income, net                        
Financial expenses     (4,859 )     (147 )     -  
Financial income     26       86       -  
Other income, net     1,635       659       -  
Total (expenses)/income, net     (3,198 )     598       -  
                         
Income/(loss) before income tax provision     20,263       (7,147 )     -  
Income tax (expense)/benefit     (1,057 )     357       -  
Income/(loss) from discontinued operations, net of tax     19,206       (6,790 )     -