Ajia Innogroup (AJIA) 10-K/A 23 Nov 20 2020 FY Annual report (amended) Financial data

Cover

Cover - USD ($)	12 Months Ended
	Jun. 30, 2020	Sep. 25, 2020	Dec. 31, 2019
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. is filing this Amendment No. 1 on Form 10-K/A for the year ended June 30, 2020, to amend and restate financial statements and other financial information on the Company's Annual Report on Form 10-K for the year ended June 30, 2020, as filed with the Securities and Exchange Commission (the "SEC") on October 5, 2020 (the "Original Filing"). The purpose of this Amendment No. 1 on Form 10-K/A is to include all necessary disclosure and the opinion of the Company's independent auditors which was not included in the Original Filing. For convenience and ease of reference, the Company is filing this Form 10-K/A in its entirety with all applicable changes and unless otherwise stated, all information contained in this amendment is as of October 5, 2020, the filing date of the Original Filing. Except as stated herein, this Form 10-K/A does not reflect events or transactions occurring after such filing date or modify or update those disclosures in the Original
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, 2020
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2020
Entity Ex Transition Period	false
Entity Common Stock Shares Outstanding		101,120,000
Entity Public Float			$ 195,372,777
Document Annual Report	true
Document Transition Report	false
Entity Interactive Data Current	Yes

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2020	Jun. 30, 2019
Current assets:
Cash and cash equivalents	$ 5,446	$ 31,867
Accounts receivable	3,871	0
Earnest deposit	105,000	0
Prepayments and other receivables	117	4,738
Total current assets	114,434	36,605
Non-current assets
Plant and equipment, net	662	696
TOTAL ASSETS	115,096	37,301
Current liabilities:
Accounts payable and accrued liabilities	50,557	28,710
Amount due to a related party	107,859	387,665
Total current liabilities	158,416	416,375
Commitments and contingencies	0	0
Stockholders' deficit:
Preferred stock, $0.001 par value, 100,000,000 shares authorized; 1,000 and 0 shares are issued and outstanding as of June 30, 2020 and 2019	1	0
Common stock, $0.001 par value; 500,000,000 and 75,000,000 shares authorized; 101,120,000 and 7,270,000 shares issued and outstanding as of June 30, 2020 and 2019	101,120	7,270
Additional paid-in capital	503,550	192,400
Accumulated other comprehensive loss	(2,756)	(458)
Accumulated deficit	(645,235)	(578,286)
Total stockholders' deficit	(43,320)	(379,074)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 115,096	$ 37,301

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2020	Jun. 30, 2019
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	0
Preferred stock, shares outstanding	1,000	0
Common stock, par value per share	$ 0.001	$ 0.001
Common stock, shares authorized	500,000,000	75,000,000
Common stock, shares issued	101,120,000	7,270,000
Common stock, shares outstanding	101,020,000	7,270,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
Revenues, net	$ 92,883	$ 49,997
Cost of revenue	(12,829)	(88,389)
Gross profit (loss)	80,054	(38,392)
Operating expenses
General and administrative	(170,538)	(97,242)
Professional fee	(69,343)	(109,374)
Total operating expenses	(239,881)	(206,616)
LOSS FROM OPERATIONS	(159,827)	(245,008)
Other income:
Foreign exchange gain	259	22
Government subsidy	8,852	0
Sundry income	83,762	0
Interest income	5	2
Total other income	92,878	24
LOSS BEFORE INCOME TAXES	(66,949)	(244,984)
Income tax expense	0	0
NET LOSS	(66,949)	(244,984)
Other comprehensive loss:
- Foreign currency translation loss	(2,298)	(879)
COMPREHENSIVE LOSS	$ (69,247)	$ (245,863)
Net loss per share - Basic and diluted	$ 0	$ (0.03)
Weighted average common shares outstanding - Basic and diluted	94,129,426	8,749,452

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash flows from operating activities:
Net loss	$ (66,949)	$ (244,984)
Adjustment to reconcile net loss to net cash used in operating activities
Depreciation and amortization	200	193
Stock-based compensation	1	0
Change in operating assets and liabilities:
Accounts receivable	(3,871)	2,768
Prepayments and other receivables	4,621	(3,138)
Accounts payable and accrued liabilities	21,847	(7,335)
Net cash used in operating activities	(44,151)	(252,496)
Cash flows from investing activities:
Purchase of plant and equipment	(169)	0
Net cash used in investing activities	(169)	0
Cash flows from financing activities:
Advances from a director	20,194	283,429
Net cash provided by financing activities	20,194	283,429
Effect of exchange rate changes on cash and cash equivalents	(2,295)	(882)
Net change in cash and cash equivalents	(26,421)	30,051
CASH AND CASH EQUIVALENT, BEGINNING OF YEAR	31,867	1,816
CASH AND CASH EQUIVALENT, END OF YEAR	5,446	31,867
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for income taxes	0	0
Cash paid for interest	0	0
Shares cancelled	$ 0	$ 3,000

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS DEFICIT - USD ($)	Total	Common Stock [Member]	Common stock to be cancelled [Member]	Additional Paid-in Capital [Member]	Accumulated other comprehensive income (loss) [Member]	Accumulated Deficit [Member]	Preferred Stock [Member]
Balance, shares at Jun. 30, 2018		7,270,000
Balance, amount at Jun. 30, 2018	$ (133,211)	$ 7,270	$ 3,000	$ 189,400	$ 421	$ (333,302)	$ 0
Shares cancelled, amount	0	0	(3,000)	3,000	0	0
Net loss for the year	(244,984)	0	0	0	0	(244,894)	0
Foreign currency translation adjustment	(879)	$ 0	0	0	(879)	0	0
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
Net loss for the year	(66,949)	0	0	0	0	(66,949)	0
Foreign currency translation adjustment	(2,298)	$ 0	0	0	(2,298)	0	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 preferred stock for service rendered, shares							1,000
Issuance of preferred stock for service rendered, amount	1	$ 0	0	0	0	0	$ 1
Issuance of shares as earnest deposit, amount	105,000	$ 100	0	104,900	0	0
Balance, shares at Jun. 30, 2020		101,120,000					1,000
Balance, amount at Jun. 30, 2020	$ (43,320)	$ 101,120	$ 0	$ 503,550	$ (2,756)	$ (645,235)	$ 1

ORGANIZATION AND BUSINESS BACKG

ORGANIZATION AND BUSINESS BACKGROUND	12 Months Ended
	Jun. 30, 2020
ORGANIZATION AND BUSINESS BACKGROUND
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 began effecting a business plan for a sales system for food and beverage products also sometimes referred to as a catering integration system. The system consists of a website and app which offers menu and ordering systems for end users, which predominantly consists of restaurants and food vendors. We generate revenue from the licensing of our sales system and we provide all necessary training to restaurant staff, system maintenance and updates. On November 24, 2017, the Board of Directors (the “Board”) accepted the resignation of Ms. 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. Chi 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 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 The details of the Company’s subsidiaries are described below: Name Place of incorporation and kind oflegal 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 system setup and maintenance services, investment holding 100 issued shares of HK$1 each 100% Guangzhou Shengjia Trading Co., Ltd The PRC, a limited liability company Trading business HK$1,000,000 100% AJIA and its subsidiaries are hereinafter referred to as the “Company”.

GOING CONCERN UNCERTAINTIES

GOING CONCERN UNCERTAINTIES	12 Months Ended
	Jun. 30, 2020
GOING CONCERN UNCERTAINTIES
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 $66,949 and suffered from negative cash flows from operations during the year and incurred an accumulated deficit of $645,235 and working capital deficit of $43,982 as of June 30, 2020. The continuation of the Company as a going concern through June 30, 2021 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, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
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 disclose 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, 2020 and 2019. 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: 2020 2019 Year-end HK$:US$1 exchange rate 7.7506 7.8139 Annual average HK$:US$1 exchange rate 7.7947 7.8405 Year-end RMB:US$1 exchange rate 7.0712 6.8680 Annual average RMB:US$1 exchange rate 7.0325 6.8239 · 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 Recently Issued and Adopted Accounting Guidance In January 2016, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) No. 2016-01 (“ASU 2016-01”), Financial Instruments-Overall: Recognition and Measurement of Financial Assets and Financial Liabilities Financial Instruments-Overall: Technical Corrections and Improvements In February 2016, the FASB issued ASU No. 2016-02, Leases In February 2018, the FASB issued ASU No. 2018-02, Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income (Topic 220) In March 2020, the FASB issued ASU No. 2020-03, Codification Improvements to Financial Instruments Recent Accounting Guidance Not Yet Adopted In August 2018, the FASB issued ASU No. 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement In November 2019, the FASB issued ASU No. 2019-10, Financial Instruments - Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842): Effective Dates Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes 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, 2020
PLANT AND EQUIPMENT
4. PLANT AND EQUIPMENT	Plant and equipment consisted of the following: As of June 30, 2020 2019 Computer equipment, at cost $ 1,128 $ 967 Foreign translation difference 12 4 1,140 971 Less: accumulated depreciation (474 ) (274 ) Less: foreign translation difference (4 ) (1 ) $ 662 $ 696 Depreciation expense for the years ended June 30, 2020 and 2019 were $200 and $193, respectively.

AMOUNT DUE TO A RELATED PARTY

AMOUNT DUE TO A RELATED PARTY	12 Months Ended
	Jun. 30, 2020
AMOUNT DUE TO A RELATED PARTY
5. AMOUNT DUE TO A RELATED PARTY	As of June 30, 2020 and 2019, 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, 2020
INCOME TAXES
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, 2020 and 2019, 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, 2020 and 2019 are as follows: Years ended June 30, 2020 2019 Income (loss) before income taxes $ 40,369 $ (120,881 ) Statutory income tax rate 16.5 % 16.5 % Income tax impact at the statutory rate 6,660 (19,945 ) Non-deductible items 33 31 Deductible items (1,531 ) (10 ) Net operating loss (5,162 ) 19,924 Income tax expense $ - $ - The PRC For the years ended June 30, 2020 and 2019, the Company generated no operating result and accordingly, no provision for income tax has been recorded. As of June 30, 2020, the PRC operation incurred $7,837 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, 2020 and 2019: As of June 30, 2020 2019 Deferred tax assets: Net operating loss carryforward from: - United States of America $ 133,023 $ 112,293 - Hong Kong 17,920 23,082 - The PRC 6,281 4,322 Total deferred tax assets 157,224 139,697 Less: valuation allowance (157,224 ) (139,697 ) Net deferred tax assets $ - $ - As of June 30, 2020, the Company incurred $645,235 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 $157,224 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, 2020, the valuation allowance increased by $17,527, primarily relating to net operating loss carryforwards.

PENSION COSTS

PENSION COSTS	12 Months Ended
	Jun. 30, 2020
PENSION COSTS
8. 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 $4,398 and $551 for the years ended June 30, 2020 and 2019, respectively

STOCKHOLDERS' DEFICIT

STOCKHOLDERS' DEFICIT	12 Months Ended
	Jun. 30, 2020
STOCKHOLDERS' DEFICIT
9. 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, with the following features attached: 1) Non-participating in the dividends to the Common Shareholders 2) No Liquidation Preference 3) Voting Rights to include: the right to vote in an amount equal to 51% of the total vote with respect to any proposal relating to (a) increasing the authorized share capital of the Company, (b) effecting any forward stock split of the Company’s authorized, issued or outstanding shares of capital stock, and (c) any other matter subject to a shareholder vote. 4) No conversion rights 5) Redemption Rights: The Series A shares shall be automatically redeemed upon (a) Ms. Wan ceases to serve as an officer or director of the Company, (b) on the date that the Company’s shares or common stock first trade on any national securities exchange. In these circumstances, the Board shall further consider and resolve the treatment of these shares, including but limited to, reissue to other party, forfeiture thereof. On April 7, 2020, the Company approved to issue 1,000 shares of Series A Preferred Stock to Ms. Yin Ling WAN ("Ms. Wan"), the Company’s Executive Director, Company Secretary and treasurer. Ms. Wan has advanced significant capital and expended significant time to the company without compensation. As of June 30, 2020 and 2019, the Company had a total of 1,000 and 0 shares of its common stock issued and outstanding. (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, 2020 and 2019, the Company had a total of 101,120,000 and 7,270,000 shares of its common stock issued and outstanding.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Jun. 30, 2020
RELATED PARTY TRANSACTIONS
10. 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, 2020 and 2019, the balance $107,859 and $387,665 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, 2020
GOING CONCERN UNCERTAINTIES
11. CONCENTRATIONS OF RISK	The Company is exposed to the following concentrations of risk: (a)Major customers For the years ended June 30, 2020 and 2019, 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, 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 Year ended June 30, 2019 June 30, 2019 Customers Revenues Percentage of revenues Accounts receivable Customer A $ 49,997 100 % Total: $ - 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, 2020
COMMITMENTS AND CONTINGENCIES
12. COMMITMENTS AND CONTINGENCIES	As of June 30, 2020 and 2019, there were no commitments and contingencies involved.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Jun. 30, 2020
SUBSEQUENT EVENTS
13. SUBSEQUENT EVENTS	In accordance with ASC Topic 855, “ Subsequent Events On September 28, 2020, the Company decided to form a 51% holding joint venture company with an independent third party, namely AJIA Corporate Systems Architecture Solution Ltd (“Ajia Corporate”). Ajia Corporate is a company registered in Hong Kong and it shall sign Memorandum of Understanding (“MOU”) with another independent third party soon. With this MOU, the Company is expecting to expand its business developments in the following areas: 1. Big Data Strategic enterprise solution, 2. Cloud and digital trading solution, 3. Combined enterprise syndication planning and solution, and 4. E-compliance system and enterprise solutions. On October 15, 2020, the Company ratified entry into a Memorandum of Understanding with Union Patron Limited for the formation of holding joint venture company, AJIA Corporate Systems Architecture Solution Ltd (“Ajia Corporate”), which the Company shall own a 51% interest in. Ajia Corporate is a company registered in Hong Kong and intends to enter a Memorandum of Understanding (“MOU”) to expand its business developments in the following areas: 1. Big Data Strategic enterprise solution, 2. Cloud and digital trading solution, 3. Combined enterprise syndication planning and solution, and 4. E-compliance system and enterprise solutions.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Jun. 30, 2020
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 disclose 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, 2020 and 2019. 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: 2020 2019 Year-end HK$:US$1 exchange rate 7.7506 7.8139 Annual average HK$:US$1 exchange rate 7.7947 7.8405 Year-end RMB:US$1 exchange rate 7.0712 6.8680 Annual average RMB:US$1 exchange rate 7.0325 6.8239
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	Recently Issued and Adopted Accounting Guidance In January 2016, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) No. 2016-01 (“ASU 2016-01”), Financial Instruments-Overall: Recognition and Measurement of Financial Assets and Financial Liabilities Financial Instruments-Overall: Technical Corrections and Improvements In February 2016, the FASB issued ASU No. 2016-02, Leases In February 2018, the FASB issued ASU No. 2018-02, Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income (Topic 220) In March 2020, the FASB issued ASU No. 2020-03, Codification Improvements to Financial Instruments Recent Accounting Guidance Not Yet Adopted In August 2018, the FASB issued ASU No. 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement In November 2019, the FASB issued ASU No. 2019-10, Financial Instruments - Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842): Effective Dates Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes 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, 2020
ORGANIZATION AND BUSINESS BACKGROUND
Schedule of Company's subsidiaries	Name Place of incorporation and kind oflegal 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 system setup and maintenance services, investment holding 100 issued shares of HK$1 each 100% Guangzhou Shengjia Trading Co., Ltd The PRC, a limited liability company Trading business HK$1,000,000 100%

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Jun. 30, 2020
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	2020 2019 Year-end HK$:US$1 exchange rate 7.7506 7.8139 Annual average HK$:US$1 exchange rate 7.7947 7.8405 Year-end RMB:US$1 exchange rate 7.0712 6.8680 Annual average RMB:US$1 exchange rate 7.0325 6.8239

PLANT AND EQUIPMENT (Tables)

PLANT AND EQUIPMENT (Tables)	12 Months Ended
	Jun. 30, 2020
PLANT AND EQUIPMENT
Schedule of plant and equipment	As of June 30, 2020 2019 Computer equipment, at cost $ 1,128 $ 967 Foreign translation difference 12 4 1,140 971 Less: accumulated depreciation (474 ) (274 ) Less: foreign translation difference (4 ) (1 ) $ 662 $ 696

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Jun. 30, 2020
INCOME TAXES
Reconciliation of income tax rate	Years ended June 30, 2020 2019 Income (loss) before income taxes $ 40,369 $ (120,881 ) Statutory income tax rate 16.5 % 16.5 % Income tax impact at the statutory rate 6,660 (19,945 ) Non-deductible items 33 31 Deductible items (1,531 ) (10 ) Net operating loss (5,162 ) 19,924 Income tax expense $ - $ -
Schedule of net deferred tax assets	As of June 30, 2020 2019 Deferred tax assets: Net operating loss carryforward from: - United States of America $ 133,023 $ 112,293 - Hong Kong 17,920 23,082 - The PRC 6,281 4,322 Total deferred tax assets 157,224 139,697 Less: valuation allowance (157,224 ) (139,697 ) Net deferred tax assets $ - $ -

CONCENTRATIONS OF RISK (Tables)

CONCENTRATIONS OF RISK (Tables)	12 Months Ended
	Jun. 30, 2020
GOING CONCERN UNCERTAINTIES
Schedule of concentrations of risk	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 Year ended June 30, 2019 June 30, 2019 Customers Revenues Percentage of revenues Accounts receivable Customer A $ 49,997 100 % Total: $ -

ORGANIZATION AND BUSINESS BAC_3

ORGANIZATION AND BUSINESS BACKGROUND (Details)	12 Months Ended
	Jun. 30, 2020
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 place of operation	Trading business
Particulars of issued/ registered share capital	HK$1,000,000
Effective interest Held	100.00%
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 place of operation	Investment holding
Particulars of issued/ registered share capital	1 issued shares of US$1 each
Effective interest Held	100.00%
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 place of operation	Provision of system setup and maintenance services, investment holding
Particulars of issued/ registered share capital	100 issued shares of HK$1 each
Effective interest Held	100.00%

ORGANIZATION AND BUSINESS BAC_4

ORGANIZATION AND BUSINESS BACKGROUND (Details Narrative) - USD ($)	1 Months Ended
	Mar. 30, 2020	Dec. 28, 2018	Jul. 28, 2018	Apr. 25, 2018	Dec. 31, 2017
Alipay Network Technology Co., Ltd [Member]
Ownership interest percent					10.00%
Agreement, expenses and profit on the Project					10.00%
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	50.00%
Description	Ajia to Allied as fair consideration and compensation to acquire 50% profit sharing interest in the project.
Shengia and Renhai [Member]
Cancellation of share		3,000,000
Renhai's new China Mobile project [Member]
Interest rate				30.00%
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 (“Alipay Project”), with a 30% interest of Renhai’s new China Mobile project.

GOING CONCERN (Detail Narrative

GOING CONCERN (Detail Narrative) - USD ($)	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
GOING CONCERN UNCERTAINTIES
Net loss for the year	$ (66,949)	$ (244,984)
Accumulated deficit	(645,235)	$ (578,286)
Working capital deficit	$ (43,982)

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	12 Months Ended
	Jun. 30, 2020
Computer Equipment [Member]
Expected useful lives	5 years

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1)	Jun. 30, 2020	Dec. 31, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Year-end HK$:US$1 exchange rate	(7.7506)	7.8139
Annual average HK$:US$1 exchange rate	(7.7947)	7.8405
Year-end RMB:US$1 exchange rate	(7.0712)	6.8680
Annual average RMB:US$1 exchange rate	(7.0325)	6.8239

PLANT AND EQUIPMENT (Details)

PLANT AND EQUIPMENT (Details) - USD ($)	Jun. 30, 2020	Jun. 30, 2019
PLANT AND EQUIPMENT
Computer equipment, at cost	$ 1,128	$ 967
Foreign translation difference	12	4
Total	1,140	971
Less: accumulated depreciation	(474)	(274)
Less: foreign translation difference	(4)	(1)
Total Plant and equipment	$ 662	$ 696

PLANT AND EQUIPMENT (Details Na

PLANT AND EQUIPMENT (Details Narrative) - USD ($)	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
PLANT AND EQUIPMENT
Depreciation expense	$ 200	$ 193

AMOUNT DUE TO A RELATED PARTY (

AMOUNT DUE TO A RELATED PARTY (Detail Narrative) - USD ($)	Jun. 30, 2020	Jun. 30, 2019
Amount due to a related party	$ 107,859	$ 387,665
WanYinLing [Member]
Amount due to a related party	$ 0	$ 0

INCOME TAXES (Detail)

INCOME TAXES (Detail) - USD ($)	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
INCOME TAXES
Income (loss) before income taxes	$ 40,369	$ (120,881)
Statutory income tax rate	16.50%	16.50%
Income tax impact at the statutory rate	$ 6,660	$ (19,945)
Non-deductible items	33	31
Deductible items	(1,531)	(10)
Net operating loss	(5,162)	19,924
Income tax expense	$ 0	$ 0

INCOME TAXES (Detail 2)

INCOME TAXES (Detail 2) - USD ($)	Jun. 30, 2020	Jun. 30, 2019
Net operating loss carryforward from:
- United States of America	$ 133,023	$ 112,293
- Hong Kong	17,920	23,082
- The PRC	6,281	4,322
Total deferred tax assets	157,224	139,697
Less: valuation allowance	(157,224)	(139,697)
Net deferred tax assets	$ 0	$ 0

INCOME TAXES (Detail Narrative)

INCOME TAXES (Detail Narrative) - USD ($)	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Net operating loss carryforwards	$ 645,235
Deferred tax assets	157,224	$ 139,697
Increase in valuation allowance	17,527
PRC [Member]
Net operating loss carryforwards	$ 7,837
Offset future taxable income	5 years

PENSION COSTS (Details Narrativ

PENSION COSTS (Details Narrative) - USD ($)	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
AMOUNT DUE TO A RELATED PARTY
Pension cost	$ 4,398	$ 551

STOCKHOLDERS DEFICIT (Details N

STOCKHOLDERS DEFICIT (Details Narrative) - USD ($)	Aug. 09, 2019	Jul. 31, 2019	Jul. 28, 2018	Jun. 30, 2020	Apr. 27, 2020	Mar. 30, 2020	Jun. 30, 2019
Preferred stock authorized				100,000,000			100,000,000
Preferred stock, shares outstanding				1,000			0
Preferred stock, shares issued				1,000			0
Preferred stock, par value				$ 0.001			$ 0.001
Common stock, authorized				500,000,000			75,000,000
Common stock, par value per share				$ 0.001			$ 0.001
Common stock, shares issued				101,120,000			7,270,000
Common stock shares outstanding				101,020,000			7,270,000
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
Shares Issued	93,750,000
Debt conversion, converted instrument, amount		$ 300,000
Exercise of conversion feature, shares		93,750,000
Conversion of Stock, Shares Issued	93,750,000
Allied Precision Medicine Consultants Limited [Member]
Common stock, shares issued						100,000
Price per share						$ 1.05
Non-refundable deposit						$ 105,000
Series A Preferred Stock [Member] | Ms. Yin Ling WAN [Member]
Preferred stock, shares issued					1,000
Common stock, shares issued				1,000			0
Common stock shares outstanding				1,000			0

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Detail Narrative) - USD ($)	Jun. 30, 2020	Jun. 30, 2019
Amount due to a related party	$ 107,859	$ 387,665
WanYinLing [Member]
Amount due to a related party	$ 0	$ 0

CONCENTRATIONS OF RISK (Details

CONCENTRATIONS OF RISK (Details) - USD ($)	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Customer [Member]
concentrations of risk	100.00%
Customer A [Member]
concentrations of risk	48.00%	100.00%
Customer B [Member]
concentrations of risk	38.00%
Customer C [Member]
concentrations of risk	14.00%
Accounts Receivable [Member] | Customer [Member]
Revenues from customer	$ 3,871
Accounts Receivable [Member] | Customer A [Member]
Revenues from customer	0	$ 0
Accounts Receivable [Member] | Customer C [Member]
Revenues from customer	3,871
Revenues [Member] | Customer [Member]
Revenues from customer	92,883
Revenues [Member] | Customer A [Member]
Revenues from customer	45,030	$ 49,997
Revenues [Member] | Customer B [Member]
Revenues from customer	35,024
Revenues [Member] | Customer C [Member]
Revenues from customer	$ 12,829

CONCENTRATIONS OF RISK (Detai_2

CONCENTRATIONS OF RISK (Details Narrative)	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Individual Customer [Member]
Concentration of risk, percentage	10.00%	10.00%

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - Subsequent Event [Member]	Oct. 15, 2020	Sep. 28, 2020
Independent Third Party [Member]
Ownership interest percent		51.00%
Union Patron Limited [Member]
Ownership interest percent	51.00%