Intangible Assets and Digital Assets (Tables)

6 Months Ended

Dec. 31, 2023

Intangible Assets and Digital Assets [Abstract]

Schedule of Intangible Assets

Intangible assets consisted of the following:

	December 31,		June 30,
	2023		2023
Land use rights, net	$	7,943,175	$	7,862,624
Technology patent, net		-		-
Customer relationships, net		-		-
Non-compete agreement		-		-
Trademarks		5,841,674		5,701,011
Total	$	13,784,849	$	13,563,635

The Land Use Rights consisted of the following:

	December 31,			June 30,
	2023			2023
Land use rights	$	11,362,363			11,088,765
Less: accumulated amortization		(3,419,188	)		(3,226,141	)
Total land use rights, net	$	7,943,175			7,862,624

The technology know-how consisted of the following:

	December 31,			June 30,
	2023			2023
Technology know-how	$	2,128,600		$	2,077,344
Less: accumulated amortization		(2,128,600	)		(2,077,344	)
Total technology know-how, net	$	-		$	-

	December 31,			June 30,
	2023			2023
Customer relationships	$	9,178,000		$	8,957,000
Less: accumulated amortization		(9,178,000	)		(8,957,000	)
Total customer relationships, net	$	-		$	-

	December 31,			June 30,
	2023			2023
Non-compete agreement	$	186,384		$	181,896
Less: accumulated amortization		(186,384	)		(181,896	)
Total non-compete agreement, net	$	-		$	-

	December 31,			June 30,
	2023			2023
Trademarks	$	5,894,528		$	5,752,592
Less: accumulated amortization		(52,854	)		(51,581	)
Total trademarks, net	$	5,841,674		$	5,701,011

Schedule of Estimated Amortization Expenses of Intangible Assets

Estimated amortization expenses of intangible assets for the next five twelve months periods ended December 31, are as follows:

Twelve Months Ended on December 31,	Expense ($)
2024		275,348
2025		254,696
2026		228,880
2027		226,894
2028		226,894