Taxation (Tables)
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12 Months Ended |
Jun. 30, 2026 |
| Taxation [Abstract] |
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| 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 | | | | | | | | | | | |
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| 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 | |
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| 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 | | | - | | | | - | |
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| 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 | |
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| 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 | | | | - | | | | - | |
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