v3.26.3
Taxation (Tables)
12 Months Ended
Jun. 30, 2026
Taxation [Abstract]  
Schedule of Income Tax Provision

The income tax provision consists of the following components:

 

    For the year ended  
    June 30, 2026  
    PRC     Other areas     Total  
    USD     USD     USD  
(Loss)/income before income tax expenses     (2,602,713 )     (1,634,522 )     (4,237,235 )
Current income tax expenses     -       -       -  
Deferred income tax benefit     562,631       -       562,631  
Total income tax benefit     562,631       -       562,631  

 

    For the years ended  
    June 30,  
    2025     2024  
    USD     USD  
Current income tax expenses     (201,629 )     (71,862 )
Deferred income tax (expense)/ benefit     (27,274 )     123,328  
Total income tax (expenses)/ benefit     (228,903 )     51,466  
                 
Schedule of Statutory Tax Rate to the Effective Income Tax Rate

A reconciliation between PRC statutory tax rate of 25% to the Group’s effective income tax rate after the adoption of ASU 2023-09 was as follows:

 

    For the year ended  
    June 30, 2026  
    Amount     Percentage  
    USD     %  
Statutory tax     1,059,309       25.0 %
Foreign tax effects                
Hong Kong     (227,763 )     (5.4 )%
Cayman     (180,868 )     (4.3 )%
Effect of changes in tax laws or rates enacted in the current year     -       - %
Effect of cross-border tax laws     -       - %
Changes in valuation allowance     (93,511 )     (2.2 )%
Nontaxable or nondeductible items                
Non-deductible expenses     (20,057 )     (0.4 )%
Other adjustments                
Effect of tax holidays inside PRC     (166,582 )     (3.9 )
NOL true-up     192,103       4.5 %
Income tax benefit     562,631       13.3 %

A reconciliation between PRC statutory tax rate of 25% to the Group’s effective income tax rate for years prior to the adoption of ASU 2023-09 was as follows:

 

    For the years ended  
    June 30,  
    2025     2024  
    USD     USD  
(Loss)/income before income tax expenses     (32,292,178 )     589,019  
Computed income tax expense with statutory tax rate of 25%     8,073,045       (147,255 )
Tax effect of non-deductible items     (7,902,309 )     (10,674 )
Changes in valuation allowance     -       -  
Write-off of net operating losses carried forward     (231,302 )     (72,665 )
Effect of preferential tax rate     (168,337 )     282,060  
Income tax (expense)/benefit     (228,903 )     51,466  
Schedule of Deferred Tax Assets

As of June 30, 2026 and 2025, the significant components of the deferred tax assets are summarized below:

 

    As of June 30,  
    2026     2025  
Deferred tax assets:            
Net operating loss carried forward     1,100,341       355,135  
Impairment of property     137,131       128,034  
Allowance for credit loss     -       701  
Lease Liability     212,849       -  
Net deferred tax liabilities offset     (200,356 )     -  
Valuation allowance     (171,551 )     -  
Total deferred tax assets, net     1,078,414       483,870  

 

    As of June 30,  
    2026     2025  
Deferred tax liabilities:            
ROU assets     (200,356 )     -  
Net deferred tax asset offset     200,356       -  
Total deferred tax liabilities     -       -  
Schedule of Net Operating Loss Carryforwards

As of June 30, 2026, net operating loss carryforwards will expire, if unused, in the following amounts:

 

    Amount  
    USD  
2027     1,112,615  
2028     1,102,918  
2029     272,946  
2030     3,323,072  
2031     -  
Total     5,811,551  
Schedule of Movement of Valuation Allowance

The following table shows the movement of valuation allowance for the periods presented:

 

    For the years ended
June 30,
 
    2026     2025     2024  
    USD     USD     USD  
Balance at beginning of the year    -     -      -  
Provision     168,672        -        -  
Foreign exchange effect     2,879       -       -  
Balance at end of the year     171,551       -       -