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OTHER ASSETS (Tables)
6 Months Ended
Dec. 31, 2020
Other Assets [Abstract]  
Other assets
   

Dec. 31, 2020

(Unaudited)

   

June 30,

2020

 
Down payment for purchase of investment properties *   $ 1,645     $ 1,645  
Down payment for purchase of property, plant and equipment     144       8  
Deposits for rental and utilities     122       171  
Currency translation effect     (80 )     (215 )
Total   $ 1,831     $ 1,609  

 *  Down payment for purchase of investment properties included:

 

    RMB     US Dollars  
Original Investment (10% of Jun Zhou equity)     10,000       1,606  
Less: Management Fee     (5,000 )     (803 )
Net Investment     5,000       803  
Less: Share of Loss on Joint Venture     (137 )     (22 )
Net Investment as Down Payment(Note *a)     4,863       781  
Loans Receivable     5,000       814  
Interest Receivable     1,250       200  
Less: Impairment of Interest     (906 )     (150 )
Transferred to Down Payment(Note *b)     5,344       864  
      10,207       1,645  

 *  Down Payment for Purchase of Investment Properties