Ajia Innogroup (AJIA) 10-K/A 5 Aug 22 2021 FY Annual report (amended) Financial data

Cover

Cover - USD ($)	12 Months Ended
	Jun. 30, 2021	Sep. 28, 2021	Dec. 31, 2020
Cover [Abstract]
Entity Registrant Name	Ajia Innogroup Holdings, Ltd.
Entity Central Index Key	0001650739
Document Type	10-K/A
Amendment Flag	true
Amendment Description	Ajia Innogroup Holdings, Ltd.(the “Company”) is filing this Annual Report on Form 10-K/A, Amendment No. 1 (the “Annual Report on Form 10-K/A”) to amend its Annual Report on Form 10-K for the fiscal year ended June 30, 2021; filed with the Securities and Exchange Commission on September 28, 2021 (the “Original Report”). The purpose of this Quarterly Report on Form 10-K/A is to amend our disclosure in Part I, Item 1 “Business,” of the Original Report to add additional or amended disclosure regarding the Company’s business in Hong Kong and China including, but not limited to, our Business, Regulatory Permission and Holding Foreign Company Accountable Act, and Part IA “Risk Factors”. The remainder of the Original Report, including the financial statements and supplementary data, remains unchanged except for the inclusion of new certifications required by Rule 13a-14 under the Securities Exchange Act of 1934, as amended, as required in connection with the filing of this Annual Report on F
Entity Voluntary Filers	No
Current Fiscal Year End Date	--06-30
Entity Well Known Seasoned Issuer	No
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	true
Entity Current Reporting Status	Yes
Document Period End Date	Jun. 30, 2021
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2021
Entity Ex Transition Period	false
Entity Common Stock Shares Outstanding		101,120,000
Entity Public Float			$ 45,760,276
Document Annual Report	true
Document Transition Report	false
Entity Interactive Data Current	Yes

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2021	Jun. 30, 2020
Current assets:
Cash and cash equivalents	$ 1,120	$ 5,446
Accounts receivable	632	3,871
Earnest deposit	105,000	105,000
Prepayments and other receivables	0	117
Total current assets	106,752	114,434
Non-current assets
Plant and equipment, net	433	662
TOTAL ASSETS	107,185	115,096
Current liabilities:
Other payables and accrued liabilities	215,075	50,557
Amount due to a related party	120,672	107,859
Total current liabilities	335,747	158,416
Commitments and contingencies	0	0
Stockholders' deficit:
Preferred stock, $0.001 par value, 100,000,000 shares authorized; 1,000 shares issued and outstanding at June 30, 2021 and 2020	1	1
Common stock, $0.001 par value; 500,000,000 and 75,000,000 shares authorized; 101,120,000 shares issued and outstanding as of June 30, 2021 and 2020	101,120	101,120
Additional paid-in capital	503,550	503,550
Non-Controlling interest	632	0
Accumulated other comprehensive loss	(4,368)	(2,756)
Accumulated deficit	(829,497)	(645,235)
Total stockholders' deficit	(228,562)	(43,320)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 107,185	$ 115,096

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2021	Jun. 30, 2020	Dec. 15, 2017	Dec. 14, 2017
Stockholders' Deficit
Preferred stock, par value per share	$ 0.001	$ 0.001
Preferred stock, shares authorized	100,000,000	100,000,000
Preferred stock, shares issued	1,000	1,000
Preferred stock, shares outstanding	1,000	1,000
Common stock, par value per share	$ 0.001	$ 0.001
Common stock, shares authorized	500,000,000	75,000,000	500,000,000	75,000,000
Common stock, shares issued	101,120,000	101,120,000
Common stock, shares outstanding	101,120,000	101,120,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
Revenues, net	$ 98,394	$ 92,883
Cost of revenue	(6,504)	(12,829)
Gross profit	91,890	80,054
Operating expenses
General and administrative	(215,718)	(170,538)
Professional fee	(69,487)	(69,343)
Total operating expenses	(285,205)	(239,881)
LOSS FROM OPERATIONS	(193,315)	(159,827)
Other income:
Foreign exchange gain	153	259
Government subsidy	8,898	8,852
Sundry income	0	83,762
Interest income	2	5
Total other income	9,053	92,878
LOSS BEFORE INCOME TAXES	(184,262)	(66,949)
Income tax expense	0	0
NET LOSS	(184,262)	(66,949)
Other comprehensive loss:
- Foreign currency translation loss	(1,612)	(2,298)
COMPREHENSIVE LOSS	$ (185,874)	$ (69,247)
Net loss per share - Basic and diluted	$ 0	$ 0
Weighted average common shares outstanding - Basic and diluted	101,120,000	94,129,426

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Cash flows from operating activities:
Net loss	$ (184,262)	$ (66,949)
Adjustment to reconcile net loss to net cash used in operating activities
Depreciation and amortization	229	200
Stock-based compensation	0	1
Change in operating assets and liabilities:
Account receivable	3,871	(3,871)
Prepayments and other receivables	117	4,621
Other payables and accrued liabilities	164,518	21,847
Net cash used in operating activities	(15,527)	(44,151)
Cash flows from investing activities:
Purchase of plant and equipment	0	(169)
Net cash used in investing activities	0	(169)
Cash flows from financing activities:
Advances from a director	12,813	20,194
Net cash provided by financing activities	12,813	20,194
Effect of exchange rate changes on cash and cash equivalents	(1,612)	(2,295)
Net change in cash and cash equivalents	(4,326)	(26,421)
CASH AND CASH EQUIVALENT, BEGINNING OF YEAR	5,446	31,867
CASH AND CASH EQUIVALENT, END OF YEAR	1,120	5,446
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for income taxes	0	0
Cash paid for interest	$ 0	$ 0

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS DEFICIT - USD ($)	Total	Common Stock	Preferred Stock	Additional Paid-in Capital	Accumulated other comprehensive income (loss)	Accumulated Deficit	Non-controlling Interest
Balance, shares at Jun. 30, 2019		7,270,000
Balance, amount at Jun. 30, 2019	$ (379,074)	$ 7,270	$ 0	$ 192,400	$ (458)	$ (578,286)	$ 0
Issuance of shares for promissory note, shares		93,750,000
Issuance of shares for promissory note, amount	300,000	$ 93,750	$ 0	206,250	0	0	0
Issuance of shares as earnest deposit, shares		100,000
Issuance of shares as earnest deposit, amount	105,000	$ 100	$ 0	104,900	0	0	0
Issuance of preferred stock for service rendered, shares			1,000
Issuance of preferred stock for service rendered, amount	1	$ 0	$ 1	0	0	0	0
Net loss	(66,949)	0	0	0	0	(66,949)	0
Foreign currency translation adjustment	(2,298)	$ 0	$ 0	0	(2,298)	0	0
Balance, shares at Jun. 30, 2020		101,120,000	1,000
Balance, amount at Jun. 30, 2020	(43,320)	$ 101,120	$ 1	503,550	(2,756)	(645,235)	0
Net loss	(184,262)	0	0	0	0	(184,262)	0
Foreign currency translation adjustment	(1,612)	0	0	0	(1,612)	0	0
Acquisition of a subsidiary	632	$ 0	$ 0	0	0	0	632
Balance, shares at Jun. 30, 2021		101,120,000	1,000
Balance, amount at Jun. 30, 2021	$ (228,562)	$ 101,120	$ 1	$ 503,550	$ (4,368)	$ (829,497)	$ 632

ORGANIZATION AND BUSINESS BACKG

ORGANIZATION AND BUSINESS BACKGROUND	12 Months Ended
	Jun. 30, 2021
ORGANIZATION AND BUSINESS BACKGROUND
NOTE 1. ORGANIZATION AND BUSINESS BACKGROUND	Ajia Innogroup Holdings, Ltd., formerly “Wigi4you, Inc.” (the “Company” or “AJIA”) was incorporated in the State of Nevada on March 19, 2014. The Company had intended to provide a website and mobile app to assist event planners in locating performers, bands and speakers, booking locations and planning events in areas around the United States and Canada. However, The Company changed its business plan in 2017 and is currently planning to pursue the business in having self-help photo kiosks to be implemented at major convenient locations, such as shopping mall, buildings near subway stations, etc. to attract customers to use the service. In addition, the Company provides system development consulting and training services. The main revenue for these businesses will be generated from the self-help photo kiosks at which one can do photo printing, WeChat printing, game commemorative photos, copying documents, etc., as well as from consulting contracts. In September 2017, the Company began developing a business plan for catering integration system for strengthens food and beverage sales system. The system is comprised of a website and an app that provide menu and ordering systems to end users, the majority of whom are small and medium size restaurants and food vendors. AJIA earns revenue by licensing our sales system, and AJIA also provides all necessary training, system maintenance, data analysis, and updates to restaurant staff. On November 24, 2017, the Board of Directors (the “Board”) accepted the resignation of Ms. Yin Ling (Elaine) Wan as Chief Executive and Chief Financial Officer of the Company. At the same time, the Board elected the following individuals to the following positions: Mr. Zhi Qiang Liang was elected as President, Chief Executive Officer and Director of the Company; Mr. Wai Hing (Samuel) Lai was elected as Chief Financial Officer of the Company; Shun Ching (Dickson) Wong was elected as a Director and a Member of the Audit Committee of the Company; Ms. Sin Kei Stella Hui was elected as a Director and a Member of the Audit Committee; Ms. Kiu Chung Jacqueline Tang was elected as Chief Operating Officer of the Company; Mr. Jeffrey Firestone was elected as Director and Vice President of Investor Relations of the Company; Dr. Kwai Lam (Terence) Wong was elected as Vice President of Investor Relations and Ms. Yin Ling (Elaine) Wan was elected as Director, Secretary and Treasurer. On December 1, 2017, the Company acquired a ten percent (10%) ownership interest in a collection code project (“Project”), the purpose of which is to improve the marketability and market penetration of Alipay Network Technology Co., Ltd. (“Alipay”) collection code system. As a part of the agreement, the Company will share 10% of expenses and profit on the Project. Effective February 9, 2018, the Board accepted the resignation of Jeffrey S. Firestone from his position as Vice President and director of the Company. On April 25, 2018, the Company announced that its wholly owned subsidiary, Guangzhou Shengjia Trading Co., Ltd. of Guangzhou, China (“Shengjia”) has entered into an agreement with Guangzhou Renhai Network Technology Co., Ltd. (“Renhai”) in which Shengjia would replace its 10% interest in the Alipay payment code business development project (“Alipay Project”), with a 30% interest of Renhai’s new China Mobile project. Renhai has recently reached an agreement with China Mobile Communications Corporation (“China Mobile”) whereby Renhai and China Mobile are to sign an agreement appointing Renhai as one of China Mobile’s marketers in promoting China Mobile’s business products for the period from April 1, 2018 to September 30, 2018. Renhai’s China Mobile agreement will be extended once certain business targets are fulfilled. Nevertheless, even with the above remedies, the returns from the projects are still not satisfied by the Company’s management and are far below the estimations made from Renhai to the Company. In this regard, on December 28, 2018, both parties agreed that the agreements between Shengia and Renhai are rescinded and voided. Renhai shall return the Company’s 3,000,000 shares to the Company for cancellation and the Company shall return all the incomes previously received from Renhai. The Company cancelled these 3,000,000 shares of common stock on December 28, 2018. The Company’s activities are subject to significant risks and uncertainties including failing to secure additional funding to operationalize the Company’s website and apps before another company develops similar websites or apps. On July 28, 2018, the Company issued a convertible promissory note in the amount of $300,000.00 to Full Yick International Ltd. Pursuant to the terms the convertible promissory note was convertible into 93,750,000 common shares of the Company at $0.0032 per share on July 31, 2019. On or about August 9, 2019, Full Yick International Ltd. exercised their option to convert the $300,000.00 note into 93,750,000 common shares of the Company, which constitutes approximately 92.8% of the issued and outstanding common shares of the Company, and instructed the Company to issue the shares to approximately 84 shareholders. Of those approximately 84 shareholders, the largest, Full Yick International, Ltd., holds 12,038,723 shares, or approximately 11.9% of the issued and outstanding shares of the Company. There are no arrangements between the members of the former and new control groups and their associates with respect to election of directors or other matters. On September 20, 2019, Mr. Kin Chung (Ken) Tam was appointed as members of the Board of Directors (the “Board”) of the Company’s Executive directors. Mr. Hung Hin Samuel Leung and Mr. Kwok Fai (Thomas) Yip were appointed as members of the Board of the Company’s Independent and Non-executive directors – Audit committee. On September 20, 2019, Ms. Sin Kei Stella Hui and Mr. Shun Ching (Dickson) Wong were resigned from the member of the Board of the Company. On March 30, 2020, Splendor Radiant Limited, a wholly-owned subsidiary of Ajia Innogroup Holdings, Ltd. (“Ajia”), entered into a Memorandum of Understanding (“MOU”) with Allied Precision Medicine Consultants Limited (“Allied”), a Hong Kong corporation, in which the Parties have committed to jointly promote stem cell products and services in Hong Kong and Macau. Ajia has initially issued 100,000 shares of its common stock to Allied to acquire 50% sharing of the profits in this project. The Board shall then appoint an independent third party to carry out due diligence and valuation of the project and, based upon the recommendation of this valuation report, the Board shall issue additional common shares of Ajia to Allied as fair consideration and compensation to acquire 50% profit sharing interest in the project. In 2020, Splendor Radiant Limited entered into a joint venture agreement with its strategic partner, Mr. Tze Man (Eric) Ngan. Both parties agreed to establish a joint venture relationship in order to collaborate to form a company, Ajia Corporate Systems Architecture Solution Limited (“ACSA”) which Splendor Radiant own 51% of the shares. ACSA has planned to acquire or become business partner in insurance and finance industries, which includes licensed insurance brokerage, trust servicing consulting team and licensed money lender in Hong Kong. ACSA has owned 51% of Tangent Asia Pacific Finance Ltd (“TAPF”), licensed money lender in Hong Kong and willing to develop money lending in Hong Kong and global. TAPF is focusing on the money lending business on second mortgage on property market and lending on crypto assets as collateral that seeks for 8% to 10% return on principle per annum. The Company believes that the finance business in Hong Kong is profitable and has great potential because of the increasing demand for lending on second mortgages on property and cryptocurrency assets. In June 2021, ACSA purchased 51% shares of JiaYu Insurance Finance limited (“JYIF”), which is a licensed Insurance brokerage firm in Hong Kong. JYIF’s primary role is to provide local lump sum universal life, annuity assurance and offshore insurance products both life and non-life, which include compliant US PPLI, UL, and IUL policies, to designated clients asset growth purposes with complied tax solutions. There is a growing need and demand for Asian clients to purchase compliant PPLI, UL, and IUL policies in order to receive tax benefits and investment returns, and these products are becoming increasingly popular. The Company utilizes Hong Kong as a hub to organize US PPLI, UL, and IUL policies for high-net-worth clients from China, Japan, Taiwan, Korea, Thailand, and Indonesia. PPLI, IUL, and UL policies are increasingly in demand, and the Company has a professional technical team as well as US lawyers and tax advisors on hand to service these clients as a one-stop shop for all their insurance needs. In 2021, Guangzhou Shengjia Trading Co., Ltd (“GST”), subsidiary of AJIA, aims to provide back-end support on project called “Easy Picture Mobile Application” (“Easy Picture”). The details of the Company’s subsidiaries are described below: Name Place of incorporation and kind of legal entity Principal activities and place of operation Particulars of issued/ registered share capital Effective interest Held Splendor Radiant Limited British Virgin Islands, a limited liability company Investment holding 1 issued shares of US$1 each 100% A Jia Creative Holdings Limited Hong Kong, a limited liability company Provision of food and beverage sales system setup and maintenance service 100 ordinary shares for HK$100 100% Guangzhou Shengjia Trading Co., Ltd The PRC, a limited liability company Provision of mobile app back-end support service HK$1,000,000 100% Ajia Corporate Systems Architecture Solution Limited Hong Kong, a limited liability company Provision of money lending, insurance brokerage and business development trustee service 10,000 ordinary shares for HK$10,000 51% AJIA and its subsidiaries are hereinafter referred to as (the “Company”).

GOING CONCERN UNCERTAINTIES

GOING CONCERN UNCERTAINTIES	12 Months Ended
	Jun. 30, 2021
GOING CONCERN UNCERTAINTIES
NOTE 2. GOING CONCERN UNCERTAINTIES	The accompanying consolidated financial statements have been prepared using the going concern basis of accounting, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company experienced a net loss of $184,262 and suffered from negative cash flows from operations during the year and incurred an accumulated deficit of $829,497 as of June 30, 2021. The continuation of the Company as a going concern through June 30, 2022 is dependent upon the continued financial support from its stockholders. Management believes the Company is currently pursuing additional financing for its operations. However, there is no assurance that the Company will be successful in securing sufficient funds to sustain the operations. These and other factors raise substantial doubt about the Company’s ability to continue as a going concern. These consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets and liabilities that may result in the Company not being able to continue as a going concern.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Jun. 30, 2021
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
NOTE 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	· Basis of presentation These accompanying consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”). · Use of estimates In preparing these consolidated financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities in the balance sheets and revenues and expenses during the years reported. Actual results may differ from these estimates. · Basis of consolidation The consolidated financial statements include the financial statements of AJIA and its subsidiaries. All significant inter-company balances and transactions within the Company have been eliminated upon consolidation. · Cash and cash equivalents Cash and cash equivalents are carried at cost and represent cash on hand, demand deposits placed with banks or other financial institutions and all highly liquid investments with an original maturity of three months or less as of the purchase date of such investments. · Plant and equipment Plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses, if any. Depreciation is calculated on the straight-line basis over the following expected useful lives from the date on which they become fully operational and after taking into account their estimated residual values: Expected useful lives Computer equipment 5 years Expenditures for repairs and maintenance are expensed as incurred. When assets have been retired or sold, the cost and related accumulated depreciation are removed from the accounts and any resulting gain or loss is recognized in the results of operations. · Impairment of long-lived assets In accordance with the provisions of ASC Topic 360, “ Impairment or Disposal of Long-Lived Assets · Revenue recognition The Company’s revenue recognition policies are in compliance with ASC 605-35 “ Revenue Recognition For the Company’s business in catering system development and training, monthly revenue is recognized when the Company satisfies its obligation by transferring control of the promised goods or performance of services to the customer. The Company recognizes revenues on sales of its services, based on the terms of the customer agreement. The customer agreement takes the form of either a contract or a customer purchase order and each provides information with respect to the service being sold and the sales price. If the customer agreement does not have specific delivery or customer acceptance terms, revenue is recognized at the time the service is provided to the customer. The Company applies the following five steps in order to determine the appropriate amount of revenue to be recognized as it fulfills its obligations under each of its agreements: • identify the contract with a customer; • identify the performance obligations in the contract; • determine the transaction price; • allocate the transaction price to performance obligations in the contract; and • recognize revenue as the performance obligation is satisfied. · Comprehensive income or loss ASC Topic 220, “Comprehensive Income” · Income taxes The provision for income taxes is determined in accordance with the provisions of ASC Topic 740, “ Income Taxes ASC 740 prescribes a comprehensive model for how companies should recognize, measure, present, and discloses in their financial statements uncertain tax positions taken or expected to be taken on a tax return. Under ASC 740, tax positions must initially be recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts. The Company did not have any unrecognized tax positions or benefits and there was no effect on the financial condition or results of operations for the years ended June 30, 2021 and 2020. The Company and its subsidiaries are subject to local and various foreign tax jurisdictions. The Company’s tax returns remain open subject to examination by major tax jurisdictions. · Net loss per share The Company calculates net loss per share in accordance with ASC Topic 260 “ Earnings per Share · Foreign currencies translation Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are recorded in the statement of operations. The reporting currency of the Company is United States Dollars (“US$”). The Company’s subsidiaries operating in Hong Kong and the PRC maintained their books and records in their local currency, Hong Kong Dollars (“HK$”) and Renminbi Yuan (“RMB”), which are functional currencies as being the primary currency of the economic environment in which these entities operate. In general, for consolidation purposes, assets and liabilities of its subsidiaries whose functional currency is not the US$ are translated into US$, in accordance with ASC Topic 830-30, “ Translation of Financial Statement”, Translation of amounts from its reporting currencies into US$ has been made at the following exchange rates for the respective year: 2021 2020 Year-end HK$:US$1 exchange rate 7.7654 7.7506 Annual average HK$:US$1 exchange rate 7.7566 7.7947 Year-end RMB:US$1 exchange rate 6.4608 7.0712 Annual average RMB:US$1 exchange rate 6.6192 7.0325 · Pension cost Contributions to retirement schemes (which are defined contribution plans) are charged to general and administrative expenses in the statements of operation and comprehensive income as and when the related employee service is provided. · Related parties Parties, which can be a corporation or individual, are considered to be related if the Company has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also considered to be related if they are subject to common control or common significant influence. · · Segment reporting ASC Topic 280, “ Segment Reporting · Concentration of credit risk The Company is subject to credit risk through its accounts receivable consisting primarily of amounts due from franchisees for royalty income, and other products. The financial condition of these franchisees is largely dependent upon the underlying business trends of our brands and market conditions within the vending industry. This concentration of credit risk is mitigated, in part, by the large number of franchisees spread over a large geographical area and the short-term nature of the receivables. · Commitments and contingencies The Company follows the ASC 450-20, “ Commitments” If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would be accrued in the Company’s financial statements. If the assessment indicates that a potentially material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed. Loss contingencies considered remote are generally not disclosed unless they involve guarantees, in which case the guarantees would be disclosed. Management does not believe, based upon information available at this time that these matters will have a material adverse effect on the Company’s financial position, results of operations or cash flows. However, there is no assurance that such matters will not materially and adversely affect the Company’s business, financial position, and results of operations or cash flows. · Fair value of financial instruments The carrying value of the Company’s financial instruments: cash and cash equivalents, prepayments and other receivables, accounts payable, amount due to a related party, other payables and accrued liabilities approximate at their fair values because of the short-term nature of these financial instruments. The Company also follows the guidance of the ASC Topic 820-10, “ Fair Value Measurements and Disclosures • Level 1 • Level 2 • Level 3 Fair value estimates are made at a specific point in time based on relevant market information about the financial instrument. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect the estimates. · Recent accounting pronouncements In September 2016, the FASB issued ASU No. 2016-13, “Financial Instruments – Credit Losses (Topic 326)” (“ASU 2016-13”), which requires the immediate recognition of management’s estimates of current and expected credit losses. In November 2018, the FASB issued ASU 2018-19, which makes certain improvements to Topic 326. In April and May 2019, the FASB issued ASUs 2019-04 and 2019-05, respectively, which adds codification improvements and transition relief for Topic 326. In November 2019, the FASB issued ASU 2019-10, which delays the effective date of Topic 326 for Smaller Reporting Companies to interim and annual periods beginning after December 15, 2022, with early adoption permitted. In November 2019, the FASB issued ASU 2019-11, which makes improvements to certain areas of Topic 326. In February 2020, the FASB issued ASU 2020-02, which adds an SEC paragraph, pursuant to the issuance of SEC Staff Accounting Bulletin No. 119, to Topic 326. Topic 326 is effective for the Company for fiscal years and interim reporting periods within those years beginning after December 15, 2022. Early adoption is permitted for interim and annual periods beginning December 15, 2019. The Company is currently evaluating the potential impact of adopting this guidance on the condensed consolidated financial statements. On January 1, 2020, the Company adopted ASU No. 2017-04, “Intangibles and Other (Topic 350): Simplifying the Test for Goodwill Impairment”, which eliminates the requirement to calculate the implied fair value of goodwill, but rather requires an entity to record an impairment charge based on the excess of a reporting unit’s carrying value over its fair value. Adoption of this ASU did not have a material effect on the condensed consolidated financial statements. On January 1, 2020, the Company adopted ASU No. 2018-13, “Fair Value Measurements (Topic 820): Disclosure Framework Changes to the Disclosure Requirements for Fair Value Measurement”. The amendments in this update modify the disclosure requirements on fair value measurements in Topic 820. Adoption of this ASU did not have a material effect on the condensed consolidated financial statements. The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and does not believe the future adoption of any such pronouncements may be expected to cause a material impact on its financial condition or the results of its operations.

PLANT AND EQUIPMENT

PLANT AND EQUIPMENT	12 Months Ended
	Jun. 30, 2021
PLANT AND EQUIPMENT
NOTE 4. PLANT AND EQUIPMENT	Plant and equipment consisted of the following: As of June 30, 2021 2020 Computer equipment, at cost $ 1,128 $ 1,128 Foreign translation difference 10 12 1,138 1,140 Less: accumulated depreciation (702 ) (474 ) Less: foreign translation difference (3 ) (4 ) $ 433 $ 662 Depreciation expense for the years ended June 30, 2021 and 2020 were $229 and $200, respectively.

AMOUNT DUE TO A RELATED PARTY

AMOUNT DUE TO A RELATED PARTY	12 Months Ended
	Jun. 30, 2021
AMOUNT DUE TO A RELATED PARTY
NOTE 5. AMOUNT DUE TO A RELATED PARTY	As of June 30, 2021 and 2020, amount due to a related party represented temporary advances made by a director of the Company, Ms. WAN Yin Ling, which was unsecured, interest-free and had no fixed terms of repayment.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Jun. 30, 2021
INCOME TAXES
NOTE 6. INCOME TAXES	The Company operates in various countries: United States, British Virgin Island, Hong Kong and the PRC that are subject to taxes in the jurisdictions in which they operate, as follows: United States of America The Company is registered in the State of Nevada and is subject to United States current tax law. British Virgin Island Under the current BVI law, the Company is not subject to tax on income. Hong Kong For the years ended June 30, 2021 and 2020, no provision for Hong Kong Profits Tax is provided for, since the Company’s income neither arises in, nor is derived from Hong Kong under its applicable tax law. The reconciliation of income tax rate to the effective income tax rate based on loss before income taxes from foreign operation for the years ended June 30, 2021 and 2020 are as follows: Years ended June 30, 2021 2020 (Loss) income before income taxes $ (43,818 ) $ 40,369 Statutory income tax rate 16.5 % 16.5 % Income tax impact at the statutory rate (7,230 ) 6,660 Non-deductible items 37 33 Deductible items (1,519 ) (1,531 ) Tax holiday - (5,162 ) Tax loss not recognized as deferred tax 8,712 - Income tax expense $ - $ - The PRC For the years ended June 30, 2021 and 2020, the Company generated no operating result and accordingly, no provision for income tax has been recorded. As of June 30, 2021, the PRC operation incurred $29,695 of net operating losses carryforward available for income tax purposes that may be used to offset future taxable income and will begin to expire in 5 years from the year of incurrence, if unutilized. The Company has provided for a full valuation allowance against the deferred tax assets on the expected future tax benefits from the net operating loss carryforwards as the management believes it is more likely than not that these assets will not be realized in the future. The following table sets forth the significant components of the aggregate net deferred tax assets of the Company as of June 30, 2021 and 2020: As of June 30, 2021 2020 Deferred tax assets: Net operating loss carryforward from: – United States of America $ 160,892 $ 133,023 – Hong Kong 26,632 17,920 – The PRC 7,424 6,281 Total deferred tax assets 194,948 157,224 Less: valuation allowance (194,948 ) (157,224 ) Net deferred tax assets $ - $ - As of June 30, 2021, the Company incurred $829,497 the aggregate net operating loss carryforwards available to offset its taxable income for income tax purposes. The Company has provided for a full valuation allowance against the deferred tax assets of $194,948 on the expected future tax benefits from the net operating loss carryforwards as the management believes it is more likely than not that these assets will not be realized in the future. For the year ended June 30, 2021, the valuation allowance increased by $37,724, primarily relating to net operating loss carryforwards.

PENSION COSTS

PENSION COSTS	12 Months Ended
	Jun. 30, 2021
PENSION COSTS
NOTE 7. PENSION COSTS	Contributions to retirement schemes (which are defined contribution plans) are charged to general and administrative expenses in the statements of operation and comprehensive income as and when the related employee service is provided. The Company is required to make contribution under a defined contribution pension scheme for all of its eligible employees in Hong Kong. The Company is required to contribute a specified percentage of the participants’ relevant income based on their ages and wages level. The total contributions made were $2,895 and $4,398 for the years ended June 30, 2021 and 2020, respectively

STOCKHOLDERS' DEFICIT

STOCKHOLDERS' DEFICIT	12 Months Ended
	Jun. 30, 2021
STOCKHOLDERS' DEFICIT
NOTE 8. STOCKHOLDERS' DEFICIT	(a) Preferred stock The Company was authorized to issue one hundred million (100,000,000) shares of preferred stock, par value $0.001 per share. On June 30, 2021, one share of preferred share has been issued. (b) Common stock Shares authorized Upon formation, the total number of shares of all classes of stock which the Company was authorized to issue seventy-five million (75,000,000) shares of common stock, par value $0.001 per share. On December 15, 2018, the Company increased its authorized common shares to 500,000,000 shares at par value $0.001 per share. Common stock issued On July 28, 2018, the Company issued a convertible promissory note in the amount of $300,000 to Full Yick International Ltd, a major shareholder to settle with the related party loan. Pursuant to the terms of the convertible promissory note, the note has an option to convert into 93,750,000 common shares of the Company at $0.0032 per share, on or the earlier of July 31, 2019. On July 31, 2019, Full Yick International Limited exercised their option to convert the $300,000 note into 93,750,000 common shares of the Company, at the price of $0.0032 per share. On August 9, 2019, the Company approved the share issuance of 93,750,000 common shares to Full Yick International Limited. On March 30, 2020, the Company, through its wholly-owned subsidiary entered into a Memorandum of Understanding (“MOU”) with Allied Precision Medicine Consultants Limited (“Allied”), a Hong Kong corporation, in which the Parties have committed to jointly promote stem cell products and services in Hong Kong and Macau. The Company agreed to issue 100,000 shares of its common stock at the current market value of $1.05 per share, to Allied as a non-refundable deposit of $105,000 to anticipate the business collaboration in this project. The Company shall appoint an independent third party to carry out due diligence and valuation of this project. As of June 30, 2021 and 2020, the Company had a total of 101,210,000 shares of its common stock issued and outstanding.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Jun. 30, 2021
RELATED PARTY TRANSACTIONS
NOTE 9. RELATED PARTY TRANSACTIONS	From time to time, the stockholder and director of the Company advanced funds to the Company for working capital purpose. Those advances are unsecured, non-interest bearing and due on demand. The imputed interest on the loan from a related party was not significant. As of June 30, 2021 and 2020, the balance $120,672 and $107,859 represented the loan account of the Director - Wan Yin Ling, which is unsecured, non-interest bearing, and due on demand.

CONCENTRATIONS OF RISK

CONCENTRATIONS OF RISK	12 Months Ended
	Jun. 30, 2021
CONCENTRATIONS OF RISK
NOTE 10. CONCENTRATIONS OF RISK	The Company is exposed to the following concentrations of risk: (a) Major customers For the years ended December 31, 2021 and 2020, the individual customer who accounts for 10% or more of the Company’s revenues and its outstanding receivable balances as at year-end dates, are presented as follows: Year ended June 30, 2021 June 30, 2021 Customers Revenues Percentage of revenues Accounts receivable Customer A $ 70,392 72 % $ - Customer B 24,134 24 % - Customer C 3,868 4 % - Total: $ 98,394 100 % Total: $ - Year ended June 30, 2020 June 30, 2020 Customers Revenues Percentage of revenues Accounts receivable Customer A $ 45,030 48 % $ - Customer B 35,024 38 % - Customer C 12,829 14 % 3,871 Total: $ 92,883 100 % Total: $ 3,871 These customers are located in Hong Kong. (b) Credit risk Financial instruments that are potentially subject to credit risk consist principally of trade receivables. The Company believes the concentration of credit risk in its trade receivables is substantially mitigated by its ongoing credit evaluation process and relatively short collection terms. The Company does not generally require collateral from customers. The Company evaluates the need for an allowance for doubtful accounts based upon factors surrounding the credit risk of specific customers, historical trends and other information. (c) Exchange rate risk The reporting currency of the Company is US$, to date the majority of the revenues and costs are denominated in HK$ and a significant portion of the assets and liabilities are denominated in HK$. As a result, the Company is exposed to foreign exchange risk as its revenues and results of operations may be affected by fluctuations in the exchange rate between US$ and HK$. The Company does not hold any derivative or other financial instruments that expose to substantial market risk.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Jun. 30, 2021
COMMITMENTS AND CONTINGENCIES
NOTE 11. COMMITMENTS AND CONTINGENCIES	As of June 30, 2021 and 2020, there were no commitments and contingencies involved.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Jun. 30, 2021
SUBSEQUENT EVENTS
NOTE 12. SUBSEQUENT EVENTS	On September 27, 2021, Ms. Wan voluntarily agreed to cancel and return the 1,000 shares of Preferred Stock to the Company for cancellation so as to simplify the Company’s voting and control system. The Company is in the process of completing the cancellation. In accordance with ASC Topic 855, “ Subsequent Events

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Jun. 30, 2021
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of presentation	These accompanying consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”).
Use of Estimates	In preparing these consolidated financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities in the balance sheets and revenues and expenses during the years reported. Actual results may differ from these estimates.
Basis of consolidation	The consolidated financial statements include the financial statements of AJIA and its subsidiaries. All significant inter-company balances and transactions within the Company have been eliminated upon consolidation.
Cash and cash equivalents	Cash and cash equivalents are carried at cost and represent cash on hand, demand deposits placed with banks or other financial institutions and all highly liquid investments with an original maturity of three months or less as of the purchase date of such investments.
Plant and equipment	Plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses, if any. Depreciation is calculated on the straight-line basis over the following expected useful lives from the date on which they become fully operational and after taking into account their estimated residual values: Expected useful lives Computer equipment 5 years Expenditures for repairs and maintenance are expensed as incurred. When assets have been retired or sold, the cost and related accumulated depreciation are removed from the accounts and any resulting gain or loss is recognized in the results of operations.
Impairment of long-lived assets	In accordance with the provisions of ASC Topic 360, “ Impairment or Disposal of Long-Lived Assets
Revenue recognition	The Company’s revenue recognition policies are in compliance with ASC 605-35 “ Revenue Recognition For the Company’s business in catering system development and training, monthly revenue is recognized when the Company satisfies its obligation by transferring control of the promised goods or performance of services to the customer. The Company recognizes revenues on sales of its services, based on the terms of the customer agreement. The customer agreement takes the form of either a contract or a customer purchase order and each provides information with respect to the service being sold and the sales price. If the customer agreement does not have specific delivery or customer acceptance terms, revenue is recognized at the time the service is provided to the customer. The Company applies the following five steps in order to determine the appropriate amount of revenue to be recognized as it fulfills its obligations under each of its agreements: • identify the contract with a customer; • identify the performance obligations in the contract; • determine the transaction price; • allocate the transaction price to performance obligations in the contract; and • recognize revenue as the performance obligation is satisfied.
Comprehensive income or loss	ASC Topic 220, “Comprehensive Income”
Income taxes	The provision for income taxes is determined in accordance with the provisions of ASC Topic 740, “ Income Taxes ASC 740 prescribes a comprehensive model for how companies should recognize, measure, present, and discloses in their financial statements uncertain tax positions taken or expected to be taken on a tax return. Under ASC 740, tax positions must initially be recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts. The Company did not have any unrecognized tax positions or benefits and there was no effect on the financial condition or results of operations for the years ended June 30, 2021 and 2020. The Company and its subsidiaries are subject to local and various foreign tax jurisdictions. The Company’s tax returns remain open subject to examination by major tax jurisdictions.
Net loss per share	The Company calculates net loss per share in accordance with ASC Topic 260 “ Earnings per Share
Foreign currencies translation	Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are recorded in the statement of operations. The reporting currency of the Company is United States Dollars (“US$”). The Company’s subsidiaries operating in Hong Kong and the PRC maintained their books and records in their local currency, Hong Kong Dollars (“HK$”) and Renminbi Yuan (“RMB”), which are functional currencies as being the primary currency of the economic environment in which these entities operate. In general, for consolidation purposes, assets and liabilities of its subsidiaries whose functional currency is not the US$ are translated into US$, in accordance with ASC Topic 830-30, “ Translation of Financial Statement”, Translation of amounts from its reporting currencies into US$ has been made at the following exchange rates for the respective year: 2021 2020 Year-end HK$:US$1 exchange rate 7.7654 7.7506 Annual average HK$:US$1 exchange rate 7.7566 7.7947 Year-end RMB:US$1 exchange rate 6.4608 7.0712 Annual average RMB:US$1 exchange rate 6.6192 7.0325
Pension cost	Contributions to retirement schemes (which are defined contribution plans) are charged to general and administrative expenses in the statements of operation and comprehensive income as and when the related employee service is provided.
Related parties	Parties, which can be a corporation or individual, are considered to be related if the Company has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also considered to be related if they are subject to common control or common significant influence.
Segment reporting	ASC Topic 280, “ Segment Reporting
Concentration of credit risk	The Company is subject to credit risk through its accounts receivable consisting primarily of amounts due from franchisees for royalty income, and other products. The financial condition of these franchisees is largely dependent upon the underlying business trends of our brands and market conditions within the vending industry. This concentration of credit risk is mitigated, in part, by the large number of franchisees spread over a large geographical area and the short-term nature of the receivables.
Commitments and contingencies	The Company follows the ASC 450-20, “ Commitments” If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would be accrued in the Company’s financial statements. If the assessment indicates that a potentially material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed. Loss contingencies considered remote are generally not disclosed unless they involve guarantees, in which case the guarantees would be disclosed. Management does not believe, based upon information available at this time that these matters will have a material adverse effect on the Company’s financial position, results of operations or cash flows. However, there is no assurance that such matters will not materially and adversely affect the Company’s business, financial position, and results of operations or cash flows.
Fair Value of Financial Instruments	The carrying value of the Company’s financial instruments: cash and cash equivalents, prepayments and other receivables, accounts payable, amount due to a related party, other payables and accrued liabilities approximate at their fair values because of the short-term nature of these financial instruments. The Company also follows the guidance of the ASC Topic 820-10, “ Fair Value Measurements and Disclosures • Level 1 • Level 2 • Level 3 Fair value estimates are made at a specific point in time based on relevant market information about the financial instrument. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect the estimates.
Recent accounting pronouncements	In September 2016, the FASB issued ASU No. 2016-13, “Financial Instruments – Credit Losses (Topic 326)” (“ASU 2016-13”), which requires the immediate recognition of management’s estimates of current and expected credit losses. In November 2018, the FASB issued ASU 2018-19, which makes certain improvements to Topic 326. In April and May 2019, the FASB issued ASUs 2019-04 and 2019-05, respectively, which adds codification improvements and transition relief for Topic 326. In November 2019, the FASB issued ASU 2019-10, which delays the effective date of Topic 326 for Smaller Reporting Companies to interim and annual periods beginning after December 15, 2022, with early adoption permitted. In November 2019, the FASB issued ASU 2019-11, which makes improvements to certain areas of Topic 326. In February 2020, the FASB issued ASU 2020-02, which adds an SEC paragraph, pursuant to the issuance of SEC Staff Accounting Bulletin No. 119, to Topic 326. Topic 326 is effective for the Company for fiscal years and interim reporting periods within those years beginning after December 15, 2022. Early adoption is permitted for interim and annual periods beginning December 15, 2019. The Company is currently evaluating the potential impact of adopting this guidance on the condensed consolidated financial statements. On January 1, 2020, the Company adopted ASU No. 2017-04, “Intangibles and Other (Topic 350): Simplifying the Test for Goodwill Impairment”, which eliminates the requirement to calculate the implied fair value of goodwill, but rather requires an entity to record an impairment charge based on the excess of a reporting unit’s carrying value over its fair value. Adoption of this ASU did not have a material effect on the condensed consolidated financial statements. On January 1, 2020, the Company adopted ASU No. 2018-13, “Fair Value Measurements (Topic 820): Disclosure Framework Changes to the Disclosure Requirements for Fair Value Measurement”. The amendments in this update modify the disclosure requirements on fair value measurements in Topic 820. Adoption of this ASU did not have a material effect on the condensed consolidated financial statements. The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and does not believe the future adoption of any such pronouncements may be expected to cause a material impact on its financial condition or the results of its operations.

ORGANIZATION AND BUSINESS BAC_2

ORGANIZATION AND BUSINESS BACKGROUND (Tables)	12 Months Ended
	Jun. 30, 2021
ORGANIZATION AND BUSINESS BACKGROUND
Schedule of Company's subsidiaries	Name Place of incorporation and kind of legal entity Principal activities and place of operation Particulars of issued/ registered share capital Effective interest Held Splendor Radiant Limited British Virgin Islands, a limited liability company Investment holding 1 issued shares of US$1 each 100% A Jia Creative Holdings Limited Hong Kong, a limited liability company Provision of food and beverage sales system setup and maintenance service 100 ordinary shares for HK$100 100% Guangzhou Shengjia Trading Co., Ltd The PRC, a limited liability company Provision of mobile app back-end support service HK$1,000,000 100% Ajia Corporate Systems Architecture Solution Limited Hong Kong, a limited liability company Provision of money lending, insurance brokerage and business development trustee service 10,000 ordinary shares for HK$10,000 51%

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Jun. 30, 2021
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
Schedule of plant and equipment expected useful lives	Expected useful lives Computer equipment 5 years
Schedule of Foreign currencies translation exchange rates	2021 2020 Year-end HK$:US$1 exchange rate 7.7654 7.7506 Annual average HK$:US$1 exchange rate 7.7566 7.7947 Year-end RMB:US$1 exchange rate 6.4608 7.0712 Annual average RMB:US$1 exchange rate 6.6192 7.0325

PLANT AND EQUIPMENT (Tables)

PLANT AND EQUIPMENT (Tables)	12 Months Ended
	Jun. 30, 2021
PLANT AND EQUIPMENT
Schedule of plant and equipment	As of June 30, 2021 2020 Computer equipment, at cost $ 1,128 $ 1,128 Foreign translation difference 10 12 1,138 1,140 Less: accumulated depreciation (702 ) (474 ) Less: foreign translation difference (3 ) (4 ) $ 433 $ 662

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Jun. 30, 2021
INCOME TAXES
Reconciliation of income tax rate	Years ended June 30, 2021 2020 (Loss) income before income taxes $ (43,818 ) $ 40,369 Statutory income tax rate 16.5 % 16.5 % Income tax impact at the statutory rate (7,230 ) 6,660 Non-deductible items 37 33 Deductible items (1,519 ) (1,531 ) Tax holiday - (5,162 ) Tax loss not recognized as deferred tax 8,712 - Income tax expense $ - $ -
Schedule of net deferred tax assets	As of June 30, 2021 2020 Deferred tax assets: Net operating loss carryforward from: – United States of America $ 160,892 $ 133,023 – Hong Kong 26,632 17,920 – The PRC 7,424 6,281 Total deferred tax assets 194,948 157,224 Less: valuation allowance (194,948 ) (157,224 ) Net deferred tax assets $ - $ -

CONCENTRATIONS OF RISK (Tables)

CONCENTRATIONS OF RISK (Tables)	12 Months Ended
	Jun. 30, 2021
CONCENTRATIONS OF RISK
Schedule of concentrations of risk	Year ended June 30, 2021 June 30, 2021 Customers Revenues Percentage of revenues Accounts receivable Customer A $ 70,392 72 % $ - Customer B 24,134 24 % - Customer C 3,868 4 % - Total: $ 98,394 100 % Total: $ - Year ended June 30, 2020 June 30, 2020 Customers Revenues Percentage of revenues Accounts receivable Customer A $ 45,030 48 % $ - Customer B 35,024 38 % - Customer C 12,829 14 % 3,871 Total: $ 92,883 100 % Total: $ 3,871

ORGANIZATION AND BUSINESS BAC_3

ORGANIZATION AND BUSINESS BACKGROUND (Details)	12 Months Ended
	Jun. 30, 2021
Guangzhou Shengjia Trading Co., Ltd. [Member]
Place of incorporation and kind of legal entity	The PRC, a limited liability company
Company Name	Guangzhou Shengjia Trading Co., Ltd
Principal activities and place of operation	Trading business
Particulars of issued/ registered share capital	HK$1,000,000
Effective interest Held	100%
Ajia Corporate Systems Architecture Solution Limited [Member]
Place of incorporation and kind of legal entity	Hong Kong, a limited liability company
Company Name	Ajia Corporate Systems Architecture Solution Limited
Principal activities and place of operation	Provision of integration systems
Particulars of issued/ registered share capital	HK$10,000 for 10,000 ordinary shares
Effective interest Held	51%
Splendor Radiant Limited [Member]
Place of incorporation and kind of legal entity	British Virgin Islands, a limited liability company
Company Name	Splendor Radiant Limited
Principal activities and place of operation	Investment holding
Particulars of issued/ registered share capital	1 issued shares of US$1 each
Effective interest Held	100%
Ajia Creative Holdings Limited [Member]
Place of incorporation and kind of legal entity	Hong Kong, a limited liability company
Company Name	AJia Creative Holdings Limited
Principal activities and place of operation	Provision of system setup and maintenance services, investment holding
Particulars of issued/ registered share capital	HK$100 for 100 ordinary shares
Effective interest Held	100%

ORGANIZATION AND BUSINESS BAC_4

ORGANIZATION AND BUSINESS BACKGROUND (Details Narrative) - USD ($)	1 Months Ended				12 Months Ended
	Mar. 30, 2020	Dec. 28, 2018	Jul. 28, 2018	Apr. 25, 2018	Jun. 30, 2021
Alipay Network Technology Co., Ltd [Member]
Agreement, expenses and profit on the Project					10%
Yick International Ltd. [Member]
Convertible promissory note			$ 30,000,000
Conversion of convertible promissory note into common share			93,750,000
Share price			$ 0.0032
Issued and outstanding			92.80%
Description			Company, and instructed the Company to issue the shares to approximately 84 shareholders. Of those approximately 84 shareholders, the largest, Full Yick International, Ltd., holds 12,038,723 shares, or approximately 11.9% of the issued and outstanding shares of the Company
Allied Precision Medicine Consultants Limited [Member]
Issuance of common stock	100,000
Profit share	50%
Description	Ajia to Allied as fair consideration and compensation to acquire 50% profit sharing interest in the project.
Splendor Radiant Limited [Member]
Ownership interest percent					51%
JiaYu Insurance Finance limited [Member]
Acqusition shares percentage					51%
Shengia and Renhai [Member]
Cancellation of share		3,000,000
Renhai's new China Mobile project [Member]
Interest rate				30%
Description				Guangzhou, China (“Shengjia”) has entered into an agreement with Guangzhou Renhai Network Technology Co., Ltd. (“Renhai”) in which Shengjia would replace its 10% interest in the Alipay payment code business development project

GOING CONCERN (Detail Narrative

GOING CONCERN (Detail Narrative) - USD ($)	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
GOING CONCERN (Detail Narrative)
Net loss	$ (184,262)	$ (66,949)
Accumulated deficit	$ (829,497)	$ (645,235)

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	12 Months Ended
	Jun. 30, 2021
Computer Equipment [Member]
Expected useful lives	5 years

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1)	Jun. 30, 2021	Jun. 30, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
Year-end HK$:US$1 exchange rate	7.7654	7.7506
Annual average HK$:US$1 exchange rate	7.7566	7.7947
Year-end RMB:US$1 exchange rate	6.4608	7.0712
Annual average RMB:US$1 exchange rate	6.6192	7.0325

PLANT AND EQUIPMENT (Details)

PLANT AND EQUIPMENT (Details) - USD ($)	Jun. 30, 2021	Jun. 30, 2020
PLANT AND EQUIPMENT
Computer equipment, at cost	$ 1,128	$ 1,128
Foreign translation difference	10	12
Total	1,138	1,140
Less: accumulated depreciation	(702)	(474)
Less: foreign translation difference	(3)	(4)
Total Plant and equipment	$ 433	$ 662

PLANT AND EQUIPMENT (Details Na

PLANT AND EQUIPMENT (Details Narrative) - USD ($)	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
PLANT AND EQUIPMENT
Depreciation expense	$ 229	$ 200

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
INCOME TAXES
Income (loss) before income taxes	$ (43,818)	$ 40,369
Statutory income tax rate	16.50%	16.50%
Income tax impact at the statutory rate	$ (7,230)	$ 6,660
Non-deductible items	37	33
Deductible items	(1,519)	(1,531)
Tax holiday	0	(5,162)
Tax loss not recognized as deferred tax	8,712	0
Income tax expense	$ 0	$ 0

INCOME TAXES (Details 1)

INCOME TAXES (Details 1) - USD ($)	Jun. 30, 2021	Jun. 30, 2020
Net operating loss carryforward from:
- United States of America	$ 160,892	$ 133,023
- Hong Kong	26,632	17,920
- The PRC	7,424	6,281
Total deferred tax assets	194,948	157,224
Less: valuation allowance	(194,948)	(157,224)
Net deferred tax assets	$ 0	$ 0

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative) - USD ($)	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Net operating loss carryforwards	$ 29,695
Increase in valuation allowance	37,724
Deferred tax assets	194,948	$ 157,224
PRC [Member]
Net operating loss carryforwards	829,497
Deferred tax assets	$ 194,948	$ 157,224
Future taxable income offset expiration, description	5 years from the incurrence, if unutilized

PENSION COSTS (Details Narrativ

PENSION COSTS (Details Narrative) - USD ($)	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
AMOUNT DUE TO A RELATED PARTY
Pension cost	$ 2,895	$ 4,398

STOCKHOLDERS EQUITY (Details Na

STOCKHOLDERS EQUITY (Details Narrative) - USD ($)		1 Months Ended
	Aug. 09, 2019	Jul. 31, 2019	Jul. 28, 2018	Jun. 30, 2021	Jun. 30, 2020	Apr. 07, 2020	Mar. 30, 2020	Dec. 15, 2017	Dec. 14, 2017
Preferred stock authorized				100,000,000	100,000,000
Preferred stock, shares outstanding				1,000	1,000
Preferred stock, shares issued				1,000	1,000
Common stock shares outstanding				101,120,000	101,120,000
Common stock, shares issued				101,120,000	101,120,000
Common stock, par value per share				$ 0.001	$ 0.001
Common stock, authorized				500,000,000	75,000,000			500,000,000	75,000,000
Preferred stock, par value				$ 0.001	$ 0.001
Yick International Ltd. [Member]
Price per share		$ 0.0032
Convertible promissory note			$ 300,000
Shares issuable upon conversion of debt			93,750,000
Conversion price per share			$ 0.0032
Debt conversion, converted instrument, amount		$ 300,000
Exercise of conversion feature, shares		93,750,000
Conversion of Stock, Shares Issued	93,750,000
Yin Ling WAN [Member]
Preferred stock, shares issued						1,000
Allied Precision Medicine Consultants Limited [Member]
Common stock, shares issued							100,000
Price per share							$ 1.05
Non-refundable deposit							$ 105,000

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Detail Narrative) - USD ($)	Jun. 30, 2021	Jun. 30, 2020
Amount due to a related party	$ 120,672	$ 107,859
Wan Yin Ling [Member]
Amount due to a related party	$ 120,672	$ 107,859

CONCENTRATIONS OF RISK (Details

CONCENTRATIONS OF RISK (Details) - USD ($)	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Customer [Member]
Concentrations of risk	100%	100%
Customer [Member] | Accounts Receivables [Member]
Revenues from customer	$ 0	$ 3,871
Customer [Member] | Revenues [Member]
Revenues from customer	$ 98,394	$ 92,883
Customer A [Member]
Concentrations of risk	72%	48%
Customer A [Member] | Accounts Receivables [Member]
Revenues from customer	$ 0	$ 0
Customer A [Member] | Revenues [Member]
Revenues from customer	$ 70,392	$ 45,030
Customer B [Member]
Concentrations of risk	24%	38%
Customer B [Member] | Revenues [Member]
Revenues from customer	$ 24,134	$ 35,024
Customer C [Member]
Concentrations of risk	4%	14%
Customer C [Member] | Accounts Receivables [Member]
Revenues from customer	$ 0	$ 3,871
Customer C [Member] | Revenues [Member]
Revenues from customer	$ 3,868	$ 12,829

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative)	Sep. 27, 2021 shares
Subsequent Event [Member]
Cancellation shares of preferred stock	1,000