SHORT-TERM BANK LOANS (Tables)

9 Months Ended

Mar. 31, 2023

Debt Disclosure [Abstract]

SCHEDULE OF SHORT TERM BANK LOANS

Short-term bank loans consisted of the following:

Lender	March 31, 2023		Maturity Date	Int. Rate/Year
Jiangnan Rural Commercial Bank-a	$	436,806	2024/3/29		4.80	%
Bank of Jiangsu-b		436,806	2023/6/15		4.20	%
Bank of China-c		436,806	2023/7/24		3.70	%
Total short-term bank loans	$	1,310,418

The loans outstanding were guaranteed by the following properties, entities or individuals:

a.	Guaranteed by Mr. Liu Fengming, the CEO of the Company, and pledged by the patent rights of the Company.
b.	Guaranteed by Mr. Liu Fengming, the CEO of the Company, Beijing Kanghuayuan Technology, one of the shareholders of the Company, and Biowin Development, the wholly-owned subsidiary of the Company.
c.	Guaranteed by Mr. Liu Fengming, the CEO of the Company, and his wife, Mrs. Jie Liang.