Intangible Assets and Digital Assets (Tables)

3 Months Ended

Sep. 30, 2023

Intangible Assets and Digital Assets (Tables) [Line Items]

Schedule of amortization expenses of intangible assets

Estimated amortization expenses of intangible assets for the next five twelve months periods ended September 30, are as follows:

Twelve Months Ended on September 30,	Expense ($)
2024		286,798
2025		247,300
2026		228,983
2027		220,306
2028		220,306

Intangible Assets [Member]

Intangible Assets and Digital Assets (Tables) [Line Items]

Schedule of Intangible Assets

Intangible assets consisted of the following:

	September 30,		June 30,
	2023		2023
Land use rights, net	$	7,767,607	$	7,862,624
Technology patent, net		-		-
Customer relationships, net		-		-
Non-compete agreement		-		-
Trademarks		5,672,051		5,701,011
Total	$	13,439,658	$	13,563,635

Land Use Rights [Member]

Intangible Assets and Digital Assets (Tables) [Line Items]

Schedule of Intangible Assets

The Land Use Rights consisted of the following:

	September 30,			June 30,
	2023			2023
Land use rights	$	11,032,436			11,088,765
Less: accumulated amortization		(3,264,829	)		(3,226,141	)
Total land use rights, net	$	7,767,607			7,862,624

Technology Patent [Member]

Intangible Assets and Digital Assets (Tables) [Line Items]

Schedule of Intangible Assets

The technology know-how consisted of the following:

	September 30,			June 30,
	2023			2023
Technology know-how	$	2,066,792		$	2,077,344
Less: accumulated amortization		(2,066,792	)		(2,077,344	)
Total technology know-how, net	$	-		$	-

Customer Relationships [Member]

Intangible Assets and Digital Assets (Tables) [Line Items]

Schedule of Intangible Assets

On July 2, 2010, the Company acquired Gufeng and its wholly-owned subsidiary Tianjuyuan. The fair value of the acquired customer relationships was estimated to be RMB65,000,000 (or $8,911,500) and is amortized over the remaining useful life of ten years.

	September 30,			June 30,
	2023			2023
Customer relationships	$	8,911,500		$	8,957,000
Less: accumulated amortization		(8,911,500	)		(8,957,000	)
Total customer relationships, net	$	-		$	-

Non-compete Agreement [Member]

Intangible Assets and Digital Assets (Tables) [Line Items]

Schedule of Intangible Assets

On July 2, 2010, the Company acquired Gufeng and its wholly-owned subsidiary Tianjuyuan. The fair value of the acquired non-compete agreement was estimated to be RMB1,320,000 (or $180,972) and is amortized over the remaining useful life of five years using the straight-line method.

	September 30,			June 30,
	2023			2023
Non-compete agreement	$	180,972		$	181,896
Less: accumulated amortization		(180,972	)		(181,896	)
Total non-compete agreement, net	$	-		$	-