ADVANCES TO SUPPLIERS, NET (Tables)

12 Months Ended

Jun. 30, 2023

Advances To Suppliers Net

SCHEDULE OF ADVANCES TO SUPPLIERS

The advances to suppliers, net consisted of the following:

	June 30, 2023			June 30, 2022
Advances to suppliers	$	10,170,145		$	13,548,178
Less: allowance for doubtful accounts		(10,167,448	)		(13,544,627	)
Advance to suppliers, net		2,697			3,551
Less: advance to supplier, net, held for discontinued operations		-			(3,551	)
Advance to supplier, net, held for continuing operations	$	2,697		$	-

SCHEDULE OF MOVEMENT OF ALLOWANCE FOR DOUBTFUL ACCOUNTS ON ADVANCES TO SUPPLIERS

Movement of allowance for doubtful accounts is as follows:

	June 30, 2023			June 30, 2022
Beginning balance	$	13,544,627		$	10,885,264
Acquisition of Biowin		56,831			-
Charge to (reversal of) expense		(2,349,716	)		4,938,064
Less: disposal of VIE		-			(1,774,400	)
Less: write-off		(147,172	)
Foreign currency translation adjustments		(937,122	)		(504,301	)
Ending balance	$	10,167,448		$	13,544,627