Millennium Group International Holdings Limited (MGIH) 20-F 30 Oct 23 2023 FY Annual report (foreign) Financial data

Document And Entity Information

Document And Entity Information	12 Months Ended
	Jun. 30, 2023 shares
Document Information Line Items
Entity Registrant Name	Millennium Group International Holdings Limited
Trading Symbol	MGIH
Document Type	20-F
Current Fiscal Year End Date	--06-30
Entity Common Stock, Shares Outstanding	11,250,000
Amendment Flag	false
Entity Central Index Key	0001903995
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	Jun. 30, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Entity Emerging Growth Company	true
Entity Shell Company	false
Entity Ex Transition Period	false
ICFR Auditor Attestation Flag	false
Document Registration Statement	false
Document Annual Report	true
Document Transition Report	false
Document Shell Company Report	false
Entity File Number	001-41568
Entity Incorporation, State or Country Code	E9
Entity Address, Address Line One	Rm 2722, 27/F
Entity Address, Address Line Two	No.1 Hung To Road
Entity Address, Address Line Three	Kwun Tong
Entity Address, City or Town	Kowloon
Entity Address, Country	HK
Entity Address, Postal Zip Code	999077
Title of 12(b) Security	Ordinary shares, par value $0.002 per share
Security Exchange Name	NASDAQ
Entity Interactive Data Current	Yes
Document Financial Statement Error Correction [Flag]	false
Document Accounting Standard	U.S. GAAP
Auditor Name	WWC, P.C.
Auditor Firm ID	1171
Auditor Location	San Mateo, California
Business Contact
Document Information Line Items
Entity Address, Address Line One	Rm 2722, 27/F
Entity Address, Address Line Two	No.1 Hung To Road
Entity Address, Address Line Three	Kwun Tong
Entity Address, City or Town	Kowloon
Entity Address, Country	HK
Entity Address, Postal Zip Code	999077
City Area Code	+852
Local Phone Number	36195768
Contact Personnel Name	Ming Yan Lai

Consolidated Balance Sheets

Consolidated Balance Sheets	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)
Current assets:
Cash and cash equivalents	$ 27,576,622	$ 18,849,049
Restricted cash		598,402
Accounts receivable, net	10,313,371	18,069,511
Prepayments, other receivables and other current assets	1,001,694	927,987
Inventories, net	5,559,282	9,819,633
Total current assets	44,450,969	48,264,582
Non-current assets:
Property, plant and equipment, net	9,027,615	10,813,200
Right-of-use assets, net	3,076,855	4,076,816
Intangible asset, net	291,559	432,972
Deferred tax assets, net	397,212	313,315
Other non-current assets	1,798,927	2,108,914
Total non-current assets	14,592,168	17,745,217
Total Assets	59,043,137	66,009,799
Current Liabilities:
Accounts payable	3,411,605	5,665,636
Other payables and accrued liabilities	2,105,028	3,169,289
Lease obligation – current	157,489	772,534
Bank borrowings	13,405,816	15,813,022
Tax payable	6,405	354,352
Total current liabilities	19,086,343	25,774,833
Non-current liabilities:
Lease obligation – non-current	37,992	146,927
Total non-current liabilities	37,992	146,927
Total liabilities	19,124,335	25,921,760
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY
Ordinary shares: US$0.002 par value per share, 125,000,000 shares authorized as of June 30, 2023 and 2022, respectively; 11,250,000 and 10,000,000 shares issued and outstanding as of June 30, 2023 and 2022, respectively	22,500	20,000
Additional paid-up capital	34,361,149	31,101,897
Statutory reserves	1,049,119	1,029,144
Accumulated other comprehensive loss	(3,785,555)	(708,677)
Retained earnings	8,271,589	8,645,675
Total shareholders’ equity	39,918,802	40,088,039
Total liabilities and shareholders’ equity	$ 59,043,137	$ 66,009,799

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Jun. 30, 2023	Jun. 30, 2022
Statement of Financial Position [Abstract]
Ordinary shares, par value (in Dollars per share)	$ 0.002	$ 0.002
Ordinary shares, authorized	125,000,000	125,000,000
Ordinary shares, issued	11,250,000	10,000,000
Ordinary shares, outstanding	11,250,000	10,000,000

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Loss - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Income Statement [Abstract]
Revenues	$ 45,598,620	$ 66,232,757	$ 64,565,269
Cost of revenues	(36,534,358)	(49,961,793)	(47,211,911)
Gross Profit	9,064,262	16,270,964	17,353,358
Operating expenses:
Selling and marketing expenses	(4,875,650)	(5,813,307)	(6,270,237)
General and administrative expenses	(5,270,966)	(4,922,075)	(5,982,887)
Total operating expenses	(10,146,616)	(10,735,382)	(12,253,124)
(Loss) income from operations	(1,082,354)	5,535,582	5,100,234
Other income (loss):
Other income	1,366,394	99,006	471,899
Other expenses	(31,095)	(234,269)	(661,492)
Interest expense	(684,358)	(425,791)	(444,747)
Total other income (loss), net	650,941	(561,054)	(634,340)
(Loss) income before income tax expenses	(431,413)	4,974,528	4,465,894
Income tax credit (expenses)	77,302	(897,157)	(800,084)
Net (loss) income	(354,111)	4,077,371	3,665,810
Other Comprehensive Loss
Foreign currency translation adjustment	(3,076,878)	(1,108,733)	2,215,358
Total Comprehensive (Loss) Income	$ (3,430,989)	$ 2,968,638	$ 5,881,168
Net (loss) income per share attributable to ordinary shareholders - basic (in Dollars per share)	$ (0.03)	$ 0.41	$ 0.37
Weighted average number of ordinary shares used in computing net (loss) income per share - basic (in Shares)	10,301,370	10,000,000	10,000,000

Consolidated Statements of Op_2

Consolidated Statements of Operations and Comprehensive Loss (Parentheticals) - $ / shares	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Income Statement [Abstract]
Net (loss) income per share attributable to ordinary shareholders - diluted	$ (0.03)	$ 0.41	$ 0.37
Weighted average number of ordinary shares used in computing net (loss) income per share - diluted	10,301,370	10,000,000	10,000,000

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders’ Equity - USD ($)	Ordinary Shares	Additional paid-in capital	Statutory reserves	Accumulated other comprehensive income (loss)	Retained earnings	Total
Balance at Jun. 30, 2020	$ 20,000	$ 198,895	$ 472,223	$ (1,815,302)	$ 25,762,931	$ 24,638,747
Balance (in Shares) at Jun. 30, 2020	10,000,000
Appropriations to statutory reserves			276,039		(276,039)
Waiver of amounts due to shareholders		8,452,119				8,452,119
Deemed Distribution					(8,452,119)	(8,452,119)
Recapitalization		8,863,135			(8,863,135)
Release of reserves upon disposal of subsidiaries			(15,080)			(15,080)
Foreign currency translation adjustment				2,215,358		2,215,358
Receipt of share capital		3				3
Net income (loss)					3,665,810	3,665,810
Balance at Jun. 30, 2021	$ 20,000	17,514,152	733,182	400,056	11,837,448	30,504,838
Balance (in Shares) at Jun. 30, 2021	10,000,000
Appropriations to statutory reserves			295,962		(295,962)
Waiver of amounts due to shareholders		6,614,563				6,614,563
Recapitalization		6,973,182			(6,973,182)
Foreign currency translation adjustment				(1,108,733)		(1,108,733)
Net income (loss)					4,077,371	4,077,371
Balance at Jun. 30, 2022	$ 20,000	31,101,897	1,029,144	(708,677)	8,645,675	$ 40,088,039
Balance (in Shares) at Jun. 30, 2022	10,000,000					10,000,000
Appropriations to statutory reserves			19,975		(19,975)
Issuance of shares	$ 2,500	3,259,252				3,261,752
Issuance of shares (in Shares)	1,250,000
Foreign currency translation adjustment				(3,076,878)		(3,076,878)
Net income (loss)					(354,111)	(354,111)
Balance at Jun. 30, 2023	$ 22,500	$ 34,361,149	$ 1,049,119	$ (3,785,555)	$ 8,271,589	$ 39,918,802
Balance (in Shares) at Jun. 30, 2023	11,250,000					11,250,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Cash Flows from Operating Activities:
Net (loss) income	$ (354,111)	$ 4,077,371	$ 3,665,810
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	1,702,331	1,936,061	2,134,522
Impairment of inventories	133,218	71,143	(4,667)
(Reversal of allowance) allowance for bad debts	(116,846)	10,450	(1,738)
Gain on disposal of property, plant and equipment	(1,949)
Changes in operating assets and liabilities:
Deferred tax assets	(106,103)	(68,194)	(3,868)
Accounts receivables	6,690,275	(1,388,981)	(1,376,774)
Prepayments, other receivables and other assets	(476,360)	(951,573)	555,605
Inventories	3,408,444	(633,043)	(1,437,696)
Prepaid tax		378,726	(151,522)
Right-of-use assets	777,309	840,151	1,011,493
Lease obligation	(683,205)	(740,604)	1,534,554
Accounts payable	(1,586,850)	1,384,898	(443,378)
Other payables and accrued liabilities	(226,444)	(1,188,273)	400,468
Tax payable	(342,621)	354,863
Related party balances – trade nature	(707,311)	(2,043,395)	(542,054)
Net Cash Provided by Operating Activities	8,109,777	2,039,600	5,340,755
Cash Flows from Investing Activities:
Purchases of property, plant and equipment	(186,565)	(510,780)	(808,302)
Proceeds from disposal of property, plant and equipment		41,301	364,778
Purchase of intangible assets	(29,955)	(29,808)	(418,405)
Repayments from related parties		2,567,531	(604,120)
Net Cash (Used in) Provided by Investing Activities	(216,520)	2,068,244	(1,466,049)
Cash Flows from Financing Activities:
Net proceeds from issuance of ordinary shares	4,227,000
Repayment of bank borrowings	(18,662,822)	(27,289,939)	(19,357,846)
Proceeds from bank borrowings	16,235,091	26,425,399	17,493,981
Recapitalization - Dividends paid		(8,863,135)
Recapitalization – Dividends reinjected as additional paid-in capital		8,863,135
Repayment of loan to related company		(1,864,965)
Repayments to related parties		(2,855,605)	(5,446,236)
Net Cash Provided by (Used in) Financing Activities	1,799,269	(5,585,110)	(7,310,101)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	(1,563,355)	(345,360)	1,302,751
Net Increase (Decrease) in Cash and Cash Equivalents	8,129,171	(1,822,626)	(3,435,395)
Cash, Cash Equivalents and Restricted Cash - Beginning of Year	19,447,451	21,270,077	23,402,721
Cash, Cash Equivalents and Restricted Cash - End of Year	27,576,622	19,447,451	21,270,077
Supplemental Disclosure of Cash Flow Information:
Cash paid for interest	(684,358)	(429,976)	(466,964)
Cash paid for income taxes	(614,026)	(516,793)	(841,463)
Supplemental significant non-cash financing activities:
Waiver of amounts due to shareholders		6,614,563	8,452,119
Deemed distribution			(8,452,119)
Recapitalization - transfer out of retained earnings		(6,973,182)	(8,863,135)
Recapitalization - transfer into additional paid in capital		6,973,182	$ 8,863,135
Prepaid offering costs net off with additional paid-in capital	$ 515,952

Organization and Business Backg

Organization and Business Background	12 Months Ended
	Jun. 30, 2023
Organization and Business Background [Abstract]
Organization and Business Background	(1) Organization and Business Background On May 21, 2021, Millennium Group International Holdings Limited (the “Company” or the “Group”) was incorporated in the Cayman Islands, as an investment holding company. The Company is primarily engaged in providing paper-based packaging solution. The Company is headquartered in Hong Kong with significant operations in the People’s Republic of China (“PRC” or China) and Vietnam. The Company operates two production facilities in the Guangdong Province of the PRC. The Company also operates a supply chain management business in Vietnam to provide premium packaging solutions to meet the demand of the Company’s top-tier clients whose products are sold globally. A group reorganization of the legal structure was completed in on January 19, 2022. As the Group were under same control of the shareholders and their entire equity interests were also ultimately held by the shareholders immediately prior to the group reorganization, the consolidated statements of operations and comprehensive loss, consolidated statements of changes in shareholders’ equity and consolidated statements of cash flows are prepared as if the current group structure had been in existence throughout the years ended June 30, 2022 and 2021. Initial Public Offering On April 4, 2023, the Company announced the closing of its initial public offering (“IPO”) of 1,250,000 ordinary shares, US$0.002 par value per share (“Ordinary Shares”) at an offering price of US$4.00 per share for a total of US$5,000,000 in gross proceeds. The Company raised total net proceeds of $4.2 million after deducting underwriting discounts and commissions and offering expenses. In addition, the Company granted to its underwriters, Revere Securities, LLC, as the Underwriter Representative, an option for a period of 45 days after the closing of the initial public offering to purchase up to 15% of the total number of the Company’s ordinary shares to be offered by the Company pursuant to the IPO (excluding shares subject to this option), solely for the purpose of covering overallotments, at the initial public offering price less the underwriting discount. The ordinary shares of the Company began trading on the Nasdaq Capital Market on April 6, 2023 under the ticker symbol “MGIH”. As of June 30, 2023, the Company’s subsidiaries are detailed in the table as follows: Date of Place of Percentage of Name or Establishment or Establishment (directly/indirectly) Principal Activities Subsidiary: Millennium Investment International Limited September 13, 2019 HK 100 % Investment holding Millennium Printing (Shenzhen) Co., Ltd December 3, 2007 The PRC 100 % Investment holding and Manufacturing of paper-based packaging Yee Woo Paper Industry (Shenzhen) Co., Ltd. August 21, 2001 The PRC 100 % Manufacturing of paper-based packaging Putian Xiqi Branding Strategy Co., Ltd September 30, 2017 The PRC 100 % Trading of paper-based packaging Millennium Packaging Technology (Huizhou) Co., Ltd. March 6, 2020 The PRC 100 % Dormant Millennium (Huizhou) Technology Co., Ltd. January 19, 2020 The PRC 100 % Property holding Huizhou Yimeinuo Industry Co., Ltd. April 7, 2017 The PRC 100 % Property holding Millennium Strategic International Limited November 13, 2019 HK 100 % Investment holding Wah Tong Investment International Limited October 18, 2019 HK 100 % Dormant Yee Woo Paper Investment International Limited November 15, 2019 HK 100 % Dormant Millennium Printing International Limited May 12, 2000 HK 100 % Trading of paper based packaging Millennium Packaging Group International Limited August 13, 2003 HK 100 % Investment holding and trading Yee Woo Paper Packaging (HK) Company Limited December 13, 2018 HK 100 % Trading of paper-based packaging MPG Global Company Limited March 9, 2018 Vietnam 100 % Trading of paper-based packaging Millennium Group Investment (BVI) Limited May 20. 2021 BVI 100 % Investment holding Millennium Holdings International Limited September 23, 2019 HK 100 % Investment holding Yee Woo Vietnam Paper Products Company Limited August 3, 2022 Vietnam 100 % Dormant

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
	Jun. 30, 2023
Significant Accounting Policies [Abstract]
Significant Accounting Policies	(2) Significant Accounting Policies Basis of Presentation and Principles of Consolidation The consolidated financial statements of the Company are prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”), and include the assets, liabilities, revenues, expenses and cash flows of all subsidiaries. All significant inter-company balances and transactions are eliminated on consolidation. Use of estimates and assumptions The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates are based on information as of the date of the consolidated financial statements. Significant estimates required to be made by management include, but are not limited to, significant accounting estimates reflected in the Company’s consolidated financial statements include useful lives of property, plant and equipment, impairment of long-lived assets, allowance for doubtful accounts, provision for contingent liabilities, deferred taxes and uncertain tax position. Actual results could differ from these estimates. Foreign Currency Translation The Company’s reporting currency is the United States dollar (“US$” or “$”). The functional currency of its Hong Kong subsidiaries is the Hong Kong dollar (the “HK$”), its Vietnam subsidiaries is the Vietnamese dong (the “VND”), and its PRC subsidiaries is the Renminbi (the “RMB”). Results of operations and cash flows are translated at the average exchange rates during the year, and assets and liabilities are translated at the exchange rate at the end of the year. Capital accounts are translated at their historical exchange rates when the capital transaction occurred. Translation adjustments resulting from this process are included in accumulated other comprehensive income (loss). Transaction gains and losses that arise from exchange rate fluctuations on transactions denominated in a currency other than the functional currency are included in the results of operations as incurred. Translation of amounts from HK$ into US$ has been made at the following exchange rates: Balance sheet items, except for equity accounts: June 30, 2022 HK$7.85 to US$1 June 30, 2023 HK$7.84 to US$1 Statement of operations and cash flow items: June 30, 2021 HK$7.76 to US$1 June 30, 2022 HK$7.80 to US$1 June 30, 2023 HK$7.84 to US$1 Translation of amounts from RMB into US$ has been made at the following exchange rates: Balance sheet items, except for equity accounts: June 30, 2022 RMB6.70 to US$1 June 30, 2023 RMB7.26 to US$1 Statement of operations and cash flow items: June 30, 2021 RMB 6.62 to US$1 June 30, 2022 RMB 6.45 to US$1 June 30, 2023 RMB 6.95 to US$1 Translation of amounts from VND into US$ has been made at the following exchange rates: Balance sheet items, except for equity accounts: June 30, 2022 VND23,263 to US$1 June 30, 2023 VND23,583 to US$1 Statement of operations and cash flow items: June 30, 2021 VND23,068 to US$1 June 30, 2022 VND22,860 to US$1 June 30, 2023 VND23,706 to US$1 Cash and cash equivalents Cash and cash equivalents represent cash on hand and time deposits, which are unrestricted as to withdrawal or use, and which have original maturities of three months or less from the date of purchase to be cash equivalents. Restricted cash Time deposits that are restricted as to withdrawal for use or pledged as security is reported separately as restricted cash. The Group’s restricted cash primarily represents deposits pledged to banks to secure banking facilities granted to the Company. The restricted deposits for the banking facilities have been fully released by respective bank in September 2022 with the revised bank facilities. Accounts receivable, net Accounts receivable represents trade receivables from customers. Accounts receivable are recognized and carried at original invoiced amount less an estimated allowance for uncollectible accounts. The trade receivables are all without customer collateral and interest is not accrued on past due accounts. Periodically, management reviews the adequacy of its provision for doubtful accounts based on historical bad debt expense results and current economic conditions using factors based on the aging of its accounts receivable. Additionally, the Company may identify additional allowance requirements based on indications that a specific customer may be experiencing financial difficulties. Actual bad debt results could differ materially from these estimates. As of June 30, 2023, and 2022, the balance of allowance for doubtful accounts was $ 70,345 186,909 Prepayments, other receivables and other current assets Prepayments are cash deposited or advanced to suppliers for future inventory purchases. This amount is refundable and bears no interest. Other receivables and other current assets primarily include deposits for rental, VAT input and others. Management regularly reviews the aging of receivables and changes in payment trends and records allowances when management believes collection of amounts due are at risk. Receivables considered uncollectable are written off against allowances after exhaustive efforts at collection are made. Inventories, net Inventories consist principally of raw materials, work-in-progress and finished goods, and are stated at the lower of cost (average cost method) or net realizable value. Cost of inventories includes labor, raw materials, and allocated overhead. Intangible asset, net Intangible asset is computer software acquired by the Company, it is stated at cost less accumulated amortization and any impairment losses. The intangible assets will be amortized on a straight-line basis over the estimated useful life of 5 years. Property, Plant and Equipment, net Property, plant, and equipment are stated at cost less accumulated depreciation and any impairment losses. Major renewals, betterments, and improvements are capitalized to the asset accounts while replacements, maintenance, and repairs, which do not improve or extend the lives of the respective assets, are expensed to operations. At the time property, plant, and equipment are retired or otherwise disposed of, the asset and related accumulated depreciation or amortization accounts are relieved of the applicable amounts. Gains or losses from retirements or sales are credited or charged to operations. The Company depreciates property, plant, and equipment using the straight-line method as follows: Buildings 20 years to 50 years Leasehold improvements 5 years Plant and machinery 5 years to 20 years Motor Vehicles 5 years to 10 years Office equipment 5 years to 10 years Impairment of long-lived asset Long-lived assets, representing property, plant and equipment and intangible asset with finite lives are reviewed for impairment whenever events or changes in circumstances (such as a significant adverse change to market conditions that will impact the future use of the assets) indicate that the carrying value of an asset may not be recoverable. We assess the recoverability of the assets based on the undiscounted future cash flows the assets are expected to generate and recognize an impairment loss when estimated undiscounted future cash flows expected to result from the use of the asset plus net proceeds expected from disposition of the asset, if any, are less than the carrying value of the asset. If an impairment is identified, we would reduce the carrying amount of the asset to its estimated fair value based on a discounted cash flows approach or, when available and appropriate, to comparable market values. As of June 30, 2023, and 2022, no impairment of long-lived assets was recognized. Leases ASC 842 supersedes the lease requirements in ASC 840 “Leases”, and generally requires lessees to recognize operating and finance lease liabilities and corresponding right-of-use assets on the balance sheet and to provide enhanced disclosures surrounding the amount, timing and uncertainty of cash flows arising from leasing arrangements. All leases in the Group are accounted for as operating leases. We determine if an arrangement is a lease at inception. On our balance sheet, our lease is included in operating lease right-of-use (ROU) asset, Current portion of operating lease liability and operating lease liability, net of current portion. ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. For leases that do not provide an implicit rate, we use our incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. We use the implicit rate when readily determinable. Lease expense for lease payments is recognized on a straight-line basis over the lease term. Significant judgment may be required when determining whether a contract contains a lease, the length of the lease term, the allocation of the consideration in a contract between lease and non-lease components, and the determination of the discount rate included in our office lease. We review the underlying objective of each contract, the terms of the contract, and consider our current and future business conditions when making these judgments. For operating leases, lease expense is recognized on a straight-line basis in operations over the lease term. Any lease with a term of 12 months or less is considered short-term. As permitted by ASC 842, short-term leases are excluded from the ROU asset and lease liabilities on the consolidated balance sheets. Consistent with all other operating leases, short-term lease expense is recorded on a straight-line basis over the lease term. All land in mainland China is owned by the Chinese government. The Chinese government may sell land use rights for a specified period of time. The purchase price of land use rights represents the operating lease prepayments for the rights to use the land in mainland China under ASC 842 and is recorded as right-of-use assets on the consolidated balance sheets, which is amortized over the remaining lease term. In July 2000, the Company acquired land use rights from the local Bureau of Land and Resources in Shenzhen for the purpose of building factory. The land use rights are being amortized over the respective lease terms, which are 50 years. In the inception date of lease term, the Company has fully paid the lease payment to the PRC government. Other non-current assets Other non-current assets mainly include prepayment for land cost in Vietnam of approximately USD 1,798,927 and USD 1,592,962, and capitalized listing fees of approximately Nil Bank borrowings Bank borrowings are initially recognized at fair value, net of upfront fees incurred. Borrowings are subsequently measured at amortized cost. Any difference between the proceeds (net of transaction costs) and the redemption amount is recognized in profit or loss over the period of the borrowings using the effective interest method. Accounts payable Accounts payable represents trade payables to vendors. Other payables and accrued liabilities Other payables and accrued liabilities primarily include contract liabilities, salaries payable as well as others accrual and payable. A contract liability is recognized when a payment is received or a payment is due (whichever is earlier) from a customer before the Company transfers the related goods or services. Contract liabilities are recognized as revenue when the Company performs under the contract (i.e., transfers control of the related goods or services to the customer). Statutory Reserves According to the laws and regulations in the PRC, the Company is required to provide for certain statutory funds, namely, a reserve fund by an appropriation from net profit after taxation but before dividend distribution based on the local statutory financial statements of the PRC subsidiary prepared in accordance with the PRC accounting principles and relevant financial regulations. Each of the Company’s wholly owned subsidiary in the PRC are required to allocate at least 10% of its net profit to the reserve fund until the balance of such fund has reached 50% of its registered capital. Appropriations of additional reserve fund are determined at the discretion of its directors. The reserve fund can only be used, upon approval by the relevant authority, to offset accumulated losses or increase capital. Employee Benefit Plan Full time employees of the PRC entities participate in a government mandated multi-employer defined contribution plan pursuant to which certain pension benefits, medical care, unemployment insurance and other welfare benefits are provided to employees. Qualified employees of the Hong Kong entities participate in Mandatory Provident Fund and company’s medical insurance plan. Contributions are made by both the employer and the employee at the rate of 5% on the employee’s relevant salary income, subject to a cap of monthly relevant income of approximately US$27,796. During the years ended June 30, 2023, 2022 and 2021, the total amount charged to the consolidated statements of operations in respect of the Company’s costs incurred on both government mandated multi-employer defined contribution plan in the PRC and Mandatory Provident Fund Scheme in Hong Kong were US$1,205,697, US$1,090,943 and US$1,056,894, respectively. Related parties We adopted ASC 850, Related Party Disclosures, for the identification of related parties and disclosure of related party transactions. The details of related party transaction during the years ended June 30, 2023, 2022 and 2021 and balances as of June 30, 2023 and 2022 are set out in the note 11. Revenue Recognition The Company adopted ASC Topic 606, Revenue from Contracts with Customers 1. Identify the contract(s) with a customer; 2. Identify the performance obligations in the contract; 3. Determine the transaction price; 4. Allocate the transaction price to the performance obligations in the contract; and 5. Recognize revenue when (or as) the entity satisfies a performance obligation. A contract contains a promise (or promises) to transfer goods or services to a customer. A performance obligation is a promise (or a group of promises) that is distinct. The transaction price is the amount of consideration a company expects to be entitled from a customer in exchange for providing the goods or services. The unit of account for revenue recognition is a performance obligation (a good or service). A contract may contain one or more performance obligations. Performance obligations are accounted for separately if they are distinct. A good or service is distinct if the customer can benefit from the good or service either on its own or together with other resources that are readily available to the customer, and the good or service is distinct in the context of the contract. Otherwise, performance obligations are combined with other promised goods or services until the Company identifies a bundle of goods or services that is distinct. Promises in contracts which do not result in the transfer of a good or service are not performance obligations, as well as those promises that are administrative in nature, or are immaterial in the context of the contract. The Company has addressed whether various goods and services promised to the customer represent distinct performance obligations. The Company applied the guidance of ASC Topic 606-10-25-16 through 18 in order to verify which promises should be assessed for classification as distinct performance obligations. The transaction price is allocated to each performance obligation in the contract on the basis of the relative stand-alone selling prices of the promised goods or services. The individual standalone selling price of a good or service that has not previously been sold on a stand-alone basis, or has a highly variable selling price, is determined based on the residual portion of the transaction price after allocating the transaction price to goods and/or services with observable stand-alone selling price. A discount or variable consideration is allocated to one or more, but not all, of the performance obligations if it relates specifically to those performance obligations. Transaction price is the amount of consideration in the contract to which the Company expects to be entitled in exchange for transferring the promised goods or services. The transaction price may be fixed or variable and is adjusted for time value of money if the contract includes a significant financing component. Consideration payable to a customer is deducted from the transaction price if the Company does not receive a separate identifiable benefit from the customer. When consideration is variable, if applicable, the estimated amount is included in the transaction price to the extent that it is highly probable that a significant reversal of the cumulative revenue will not occur when the uncertainty associated with the variable consideration is resolved. Revenue may be recognized at a point in time or over time following the timing of satisfaction of the performance obligation. If a performance obligation is satisfied over time, revenue is recognized based on the percentage of completion reflecting the progress towards complete satisfaction of that performance obligation. Typically, performance obligation for products where the process is described as below, the performance obligation is satisfied at point in time. The Company currently generates its revenue mainly from the following sources: a. Revenue from sales of paper products For the sales of paper products, the Company typically receives purchase orders from its customers which will set forth the terms and conditions including the transaction price, products to be delivered, terms of delivery, and terms of payment. The terms serve as the basis of the performance obligations that the Company must fulfill in order to recognize revenue. The key performance obligation is the delivery of the finished product to the customer at customer’s truck at the Company’s inventory warehouse or their specified location at which point title to that asset passes to the customer. The completion of this earning process is evidenced by a written customer acceptance indicating receipt of the product. Typical payment terms set forth in the purchase order ranges from 30 to 90 days from invoice date. The transaction price does not include variable consideration related to returns or refunds as our contracts do not include provisions that allow for sales refunds or returns of products b. Revenue from provision of supply chain management solution The Company provides supply chain management solutions to its customers by designing packaging products, designating approved raw materials for manufacturing of those packaging products, contracting viable manufacturers, and arranging delivery of those packaging products to end customers. The Company typically receives purchase orders from its customers which will set forth the terms and conditions including the transaction price, products to be delivered, terms of delivery, and terms of payment. The terms serve as the basis of the performance obligations that the Company must fulfill in order to recognize revenue. The key performance obligation is identified as a single performance obligation where delivery of the finished product to the customer at the location specified by the customer indicates that the Company has completed all steps set forth above such as design, manufacture and delivery in order to substantially complete all the services agreed upon in the purchase order. Delivery of the product to the customer is also the point at which title to that asset passes to the customer. The completion of this earning process is typically evidenced by a written customer acceptance indicating receipt of the product. Typical payment terms set forth in the purchase order ranges from 30 to 90 days from invoice date. The transaction price does not include variable consideration related to returns or refunds as our contracts do not include provisions that allow for sales refunds or returns of products. Following the adoption of ASC 606, we considered the guidance set forth in ASC 340-40, and determined that an asset would be recognized from costs incurred to fulfill a contract under ASC 340-40-25-5 only if those costs meet all of the following criteria: ● The costs relate directly to a contract or an anticipated contract that the entity can specifically identify (for example, costs relating to services to be provided under the renewal of an existing contract or costs of designing an asset to be transferred under a specific contract that has not yet been approved). ● The costs generate or enhance resources of the entity that will be used in satisfying (or continuing to satisfy) performance obligations in the future. ● The costs are expected to be recovered. The Company elected to apply the practical expedient to recognize the incremental costs of obtaining a contract as an expense if the amortization period of the asset would have been one year or less. The Company has elected to apply the practical expedient in paragraph ASC 606-10-50-14 and does not disclose information about remaining performance obligations that have original expected durations of one year or less. The Company elected a practical expedient that it does not adjust the promised amount of consideration for the effects of a significant financing component if the Company expects that, upon the inception of revenue contracts, the period between when the Company transfers its promised services or deliverables to its clients and when the clients pay for those services or deliverables will be one year or less. Costs that relate directly to a contract include direct material, labor cost, subcontracting fee and allocated overhead including utilities, depreciation, and other overhead costs. We elected to treat shipping and handling costs undertaken by the Company after the customer has obtained control of the related goods as a fulfilment activity and has been presented as transportation costs which is include in selling and marketing expenses. Cost of revenues a. Cost of sales of paper products Cost of sales of paper products, which are directly related to revenue generating transactions, primarily consists of raw paper cost, labour cost and allocated overhead. b. Cost of provision of supply chain management solution Cost of provision of supply chain management solution, which are directly related to revenue generating transactions, primarily consists of cost of purchase of finished goods and shipping costs. Other income Interest income is mainly generated from savings and time deposits and is recognized on an accrual basis using the effective interest method. Selling and marketing expenses Selling and marketing expenses consist primarily of staff costs and employee benefits of sales team, consultancy fee for market research and product development, advertising expenses and transportation and handling expenses. General and administrative expenses General and administrative expenses consist primarily of personnel-related compensation expenses, including salaries and related social insurance costs for our operations and support personnel, office rental and property management fees, professional services fees, depreciation, travelling expenses, office supplies, utilities, research and development costs, communication and expenses related to general operations. Income Taxes The Company accounts for income taxes pursuant to ASC Topic 740, Income Taxes. Income taxes are provided on an asset and liability approach for financial accounting and reporting of income taxes. Any tax paid by subsidiaries during the year is recorded. Current tax is based on the profit or loss from ordinary activities adjusted for items that are non-assessable or disallowable for income tax purpose and is calculated using tax rates that have been enacted or substantively enacted at the balance sheet date. ASC Topic 740 also requires the recognition of deferred tax assets and liabilities for both the expected impact of differences between the financial statements and the tax basis of assets and liabilities, and for the expected future tax benefit to be derived from tax losses and tax credit carry-forwards. ASC Topic 740 additionally requires the establishment of a valuation allowance to reflect the likelihood of realization of deferred tax assets. Realization of deferred tax assets, including those related to the U.S. net operating loss carry-forwards, are dependent upon future earnings, if any, of which the timing and amount are uncertain. The Company adopted ASC Topic 740-10-05, Income Tax The Company’s policy on classification of all interest and penalties related to unrecognized income tax positions, if any, is to present them as a component of income tax expense. Value Added Tax Revenue represents the invoiced value of service, net of VAT. The VAT is based on gross sales price and VAT rates range up to 13%, depending on the type of service provided. Entities that are VAT general taxpayers are allowed to offset qualified input VAT paid to suppliers against their output VAT liabilities. Net VAT balance between input VAT and output VAT is recorded in tax payable. All of the VAT returns filed by our subsidiaries in the PRC have been and remain subject to examination by the tax authorities for five years from the date of filing. Comprehensive Income (Loss) The Company presents comprehensive income (loss) in accordance with ASC Topic 220, Comprehensive Income Segment reporting The Company follows ASC 280, Segment Reporting. The Company’s Chief Executive Officer as the chief operating decision-maker reviews the consolidated financial results when making decisions about allocating resources and assessing the performance of the Company as a whole and has determined that the Company has only one reportable segment. The Company operates and manages its business as a single segment. Please refer to Note 17 to the consolidated financial statement for the Company’s revenue from customers by geographical areas based on the location of the customers. Earnings Per Share The Group computes earnings per share (“EPS”) in accordance with ASC 260, “Earnings per Share”. ASC 260 requires companies to present basic and diluted EPS. Basic EPS is measured as net income divided by the weighted average common share outstanding for the period. Diluted EPS presents the dilutive effect on a per-share basis of the potential ordinary shares (e.g., convertible securities, options and warrants) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential ordinary shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS. During the years ended June 30, 2023, 2022 and 2021, there were no dilution impact. Commitments and contingencies In the normal course of business, we are subject to contingencies, including legal proceedings and claims arising out of the business that relate to a wide range of matters, such as government investigations and tax matters. We recognize a liability for such contingency if it determines it is probable that a loss has occurred, and a reasonable estimate of the loss can be made. We may consider many factors in making these assessments including historical and the specific facts and circumstances of each matter. Recent accounting pronouncements In May 2019, the FASB issued ASU 2019-05, which is an update to ASU Update No. 2016-13, Financial Instruments Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments The amendments in this Update address those stakeholders’ concerns by providing an option to irrevocably elect the fair value option for certain financial assets previously measured at amortized cost basis. For those entities, the targeted transition relief will increase comparability of financial statement information by providing an option to align measurement methodologies for similar financial assets. Furthermore, the targeted transition relief also may reduce the costs for some entities to comply with the amendments in Update 2016-13 while still providing financial statement users with decision-useful information. In November 2019, the FASB issued ASU No. 2019-10, which to update the effective date of ASU No. 2016-02 for private companies, not-for-profit organizations and certain smaller reporting companies applying for credit losses, leases, and hedging standard. The new effective date for these preparers is for fiscal years beginning after December 15, 2022. The Company has not early adopted this update and it will become effective on January 1, 2023. The Company is still evaluating the impact of accounting standard of credit losses on the consolidated financial statements and related disclosures. In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes In January 2021, the FASB issued ASU No. 2021-01, Reference Rate Reform (Topic 848). ASU No. 2021-01 is an update of ASU No. 2020-04, which is in response to concerns about structural risks of interbank offered rates, and particularly the risk of cessation of LIBOR. Regulators have undertaken reference rate reform initiatives to identify alternative reference rates that are more observable or transaction based and less susceptible to manipulation. ASU No. 2020-04 provides optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting. ASU No. 2020-04 is elective and applies to all entities, subject to meeting certain criteria, that have contracts, hedging relationships, and other transactions that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform. The ASU No. 2021-01 update clarifies that certain optional expedients and exceptions in Topic 848 for contract modifications and hedge accounting apply to derivatives that are affected by the discounting transition. The amendments in this update are effective immediately through December 31, 2022, for all entities. On December 21, 2022, the FASB issued a new Accounting Standards Update ASU No. 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848, that extends the sunset (or expiration) date of ASC Topic 848 to December 31, 2024. This gives reporting entities two additional years to apply the accounting relief provided under ASC Topic 848 for matters related to reference rate reform. The Company does not expect the cessation of LIBOR to have a material impact on the Company’s consolidated financial statements and related disclosures. In October 2021, the FASB issued ASU 2021-10, “ Codification Improvements to Subtopic 205-10, presentation of financial statements Except as mentioned above, the Company does not believe other recently issued but not yet effective accounting standards, if currently adopted, would have a material effect on the Company’s consolidated balance sheets, statements of operations and comprehensive loss and statements of cash flows.

Cash and Cash Equivalents

Cash and Cash Equivalents	12 Months Ended
	Jun. 30, 2023
Cash and Cash Equivalents [Abstract]
Cash and cash equivalents	(3) Cash and cash equivalents Cash and cash equivalents on its original currencies were shown below: As of June 30, 2023 2022 $ $ HKD 7,610,774 6,437,550 RMB 7,156,490 6,960,332 USD 12,723,146 5,253,021 VND 86,212 198,146 Total 27,576,622 18,849,049 The PRC government impose controls on the conversion of RMB into foreign currencies and the remittance of currencies out of the PRC. Therefore, we may experience difficulties in completing the administrative procedures necessary to obtain and remit foreign currency.

Restricted Cash

Restricted Cash	12 Months Ended
	Jun. 30, 2023
Restricted Cash [Abstract]
Restricted cash	(4) Restricted cash Restricted cash were Nil 598,402

Accounts Receivable, Net

Accounts Receivable, Net	12 Months Ended
	Jun. 30, 2023
Schedule of Accounts Receivable [Abstract]
Accounts receivable, net	(5) Accounts receivable, net Accounts receivable, net comprised the following: As of June 30, 2023 2022 $ $ Accounts receivable 10,383,716 18,256,420 Allowance for doubtful accounts (70,345 ) (186,909 ) Total 10,313,371 18,069,511 Allowance for doubtful accounts, net consists of the following: As of June 30, 2023 2022 $ $ Beginning balance 186,909 228,413 Reversals (116,846 ) (509 ) Write-offs (3,653 ) (36,333 ) Foreign currency exchange effect 3,935 (4,662 ) Ending balance 70,345 186,909 As of the end of each of the financial year, the ageing analysis of accounts receivable, net of allowance for doubtful accounts, based on the invoice date is as follows: As of June 30, 2023 2022 $ $ Within 90 days 9,821,889 16,375,095 Between 91 and 180 days 491,063 1,631,296 Between 181 and 365 days 419 63,120 10,313,371 18,069,511

Prepayments, Other Receivables

Prepayments, Other Receivables and Other Current Assets	12 Months Ended
	Jun. 30, 2023
Prepayments, Other Receivables and Other Current Assets [Abstract]
Prepayments, other receivables and other current assets	(6) Prepayments, other receivables and other current assets Prepayments , As of June 30, 2023 2022 $ $ Prepayments 552,458 843,249 Deposits 238,481 47,057 Other receivables 48,615 37,681 VAT receivables 162,140 - 1,001,694 927,987

Inventories, Net

Inventories, Net	12 Months Ended
	Jun. 30, 2023
Inventory Disclosure [Abstract]
Inventories, net	(7) Inventories, net Inventories are stated at the lower of cost and net realizable value. Cost is determined on the first-in, first-out basis and, in the case of work in progress and finished goods, comprises direct materials, direct labour and an appropriate proportion of overheads. Net realizable value is based on estimated selling prices less any estimated costs to be incurred to completion and disposal. The components of inventories were as follows: As of June 30, 2023 2022 $ $ Raw materials 4,167,531 7,447,022 Work in progress 518,352 976,246 Finished goods 1,606,296 2,052,148 Total inventories, gross 6,292,179 10,475,416 Inventories impairment (732,897 ) (655,783 ) Total inventories, net 5,559,282 9,819,633 Inventories impairment consists of the following: As of June 30, 2023 2022 $ $ Beginning balance (655,783 ) (613,831 ) Addition (133,218 ) (71,143 ) Write-offs - (4,470 ) Foreign currency exchange effect 56,104 33,661 Ending balance (732,897 ) (655,783 )

Property, Plant and Equipment,

Property, Plant and Equipment, Net	12 Months Ended
	Jun. 30, 2023
Property, Plant and Equipment, Net [Abstract]
Property, plant and equipment, net	(8) Property, plant and equipment, net As of June 30, 2023, and 2022, property, plant and equipment, net consisted of the following: As of June 30, 2023 2022 $ $ Buildings 7,159,632 7,150,233 Leasehold improvements 3,277,579 3,322,323 Plant and machinery 15,780,713 17,165,746 Motor vehicles 528,093 579,016 Office equipment 1,800,073 1,869,634 Totals 28,546,090 30,086,952 Less: accumulated depreciation (19,518,475 ) (19,273,752 ) Property, plant and equipment, net 9,027,615 10,813,200 Depreciation expense was US$ 1,556,069, US$1,792,022 and US$1,901,586

Leases

Leases	12 Months Ended
	Jun. 30, 2023
Leases [Abstract]
Leases	(9) Leases Our operating leases primarily consist of leases of office, factories buildings and factory equipment. The recognition of whether a contract arrangement contains a lease is made by evaluating whether the arrangement conveys the right to use an identified asset and whether we obtain substantially all the economic benefits from and has the ability to direct the use of the asset. Operating lease assets and liabilities are included in the items of operating lease right-of-use assets, net, operating lease liabilities, current portion, and operating lease liabilities, non-current portion on the consolidated balance sheets. We adopted ASU No. 2016-02 and related standards (collectively ASC 842, Leases), which replaced previous lease accounting guidance, on July 1, 2019 using the modified retrospective method of adoption. We elected the transition method expedient which allows entities to initially apply the requirements by recognizing a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. As a result of electing this transition method, prior periods have not been restated. We used the incremental borrowing rate of 4.25% as the discount rate, based on the information available at commencement date in determining the present value of lease payments. In addition, adoption of the new standard resulted in the recording of right of use assets and associated lease liabilities of approximately US$3,733,913 and US$31,890, respectively, as of July 1, 2019. Supplemental balance sheet information related to leases was as follows: As of June 30, 2023 2022 $ $ Operating lease: Operating lease right-of-use assets 3,076,855 4,076,816 Current operating lease obligation 157,489 772,534 Non-current operating lease obligation 37,992 146,927 Total operating lease obligation 195,481 919,461 Operating lease expenses for the years ended June 30, 2023, 2022 and 2021 were US$790,417, US$ 814,377 and US$487,298 The following table shows the remaining contractual maturities of the Group’s operating lease liabilities as of June 30, 2023: As of $ Year ending June 30, 2024 160,979 Year ending June 30, 2025 26,038 Year ending June 30, 2026 13,397 Total undiscounted lease obligations 200,414 Less: imputed interest (4,933 ) Lease liabilities recognized in the consolidated balance sheet 195,481 The lease obligations will end between 31 August 2023 and 25 April 2054. The weighted-average discount rate used to determine the operating lease liabilities as of June 30, 2023 was 4.75%.

Bank Borrowings

Bank Borrowings	12 Months Ended
	Jun. 30, 2023
Bank Borrowings [Abstract]
Bank borrowings	(10) Bank borrowings Outstanding balances of banks borrowings as of June 30, 2023 and 2022 consisted of the following: As of June 30, 2023 2022 Bank borrowings: Guaranteed 10,300,386 7,899,914 Collateralized and guaranteed 3,105,430 7,913,108 13,405,816 15,813,022 The details of bank borrowings as at June 30, 2023 and 2022 are as follows: Maturity Weighted- Lender Type date Currency 2023 2022 2023 2022 DBS Bank Hong Kong Limited Bank borrowing November 2027 HKD 3.8 % 2.8 % 3,515,952 2,250,626 Bank of China (Hong Kong) Limited Bank borrowing June 2027 HKD 6.4 % 2.5 % 6,393,244 8,403,810 Hang Sang Bank Limited Bank borrowing August 2023 HKD 6.3 % 3.8 % 3,496,620 4,139,016 Industrial and Commercial Bank of China (Asia) Limited Bank borrowing July 2022 HKD - 2.2 % - 1,019,570 Total bank borrowings 13,405,816 15,813,022 Carrying value Within 1 year or on demand 2025 2026 2027 Thereafter $ $ $ $ $ $ Loan type in terms of currency June 30, 2023 13,405,816 13,405,816 - - - - 13,405,816 13,405,816 - - - - Carrying value Within 1 year or on demand 2025 2026 2027 Thereafter $ $ $ $ $ $ Loan type in terms of currency June 30, 2022 15,813,022 15,813,022 - - - - 15,813,022 15,813,022 - - - - The average bank borrowings rates for the years ended June 30, 2023, and 2022 were approximately 5.69% and 2.73%, respectively. As of June 30, 2023, and 2022, the Company had bank borrowings amounted to US$13,405,816 and US$15,813,022, respectively, which contained repayment on demand clauses as of June 30, 2023 and 2022, respectively. Accordingly, portions of the bank borrowings with Bank of China (Hong Kong) Limited contractually due for repayment after one year as of June 30, 2023 and 2022 with carrying amounts of US$4,004,549 and US$3,081,883, respectively, have been classified as current liabilities. For the purpose of the illustration, such bank borrowing is included within short-term bank borrowings and represented as bank borrowings repayable within one year or on demand. Total interest expenses for the bank borrowings for the years ended June 30, 2023, 2022 and 2021 were US$684,358, US$403,862 and US$444,747, respectively. Saved to the above disclosure, the following table represent other major loan covenants of aforementioned bank loans: (i) the pledge of certain of the Company’s restricted cash amounting to nil (ii) guarantees given by certain shareholders namely Mr. Lai Yau Chuen, Mr. Lai Yau Fai, Mr. Lai Yau Chi and Mr. Lai Yau Sang as of June 30, 2022. The guarantees are released as of June 30, 2023. (iii) guarantees given by certain related companies controlled by the shareholders namely Wah Tong Paper Products Factory Limited, Printec (Kun Shan) Limited and Yee Woo Paper Packaging (China) Company Limited as of June 30, 2022. The guarantees are released as of June 30, 2023. (iv) the pledge of a leasehold land located in Huizhou, China held by the Company as of June 30, 2023 and 2022.

Related Party Balance and Trans

Related Party Balance and Transactions	12 Months Ended
	Jun. 30, 2023
Related Party Balance and Transactions [Abstract]
Related Party Balance and Transactions	(11) Related Party Balance and Transactions There are no outstanding balances as of June 30, 2023 and 2022. The following represents the significant related party transactions for the years ended June 30, 2023, 2022 and 2021. For the year ended June 30, For the For the 2023 2022 2021 Relationship Nature Description US$ US$ US$ M-GEN Innovation Company Limited (hereafter “MGI”) Common controlled by the shareholders Trade nature The Company’s sales - 26,095 141,507 Trade nature The Company’s receipt of sales - (152,869 ) (18,732 ) Non-trade nature The Company’s advance paid to M-GEN Innovation Company Limited (Note 1(a)) - - 570,609 Non-trade nature The Company’s receipt of advance repaid from M-GEN Innovation Company Limited (Note 1(a)) - (926,047 ) (161,592 ) Wah Tong Paper Products Group Limited (hereafter “WTPPG”) Common controlled by the shareholders Trade nature Management fee incurred by the Company - - (501,515 ) Trade nature The Company’s payment on management fee - - 541,553 Non-trade nature The Company’s (repayment from)/advance paid to Wah Tong Paper Products Group Limited (Note 1 (b)) - (515,132 ) 515,132 Wah Tong Paper Products Factory Limited (hereafter “WTPPF”) Common controlled by the shareholders Trade nature Rental expenses incurred by the Company - - (211,574 ) Trade nature The Company’s payment on rental expenses - - 211,574 Non-trade nature Decrease of an amount due from Wah Tong Paper Products Factory Limited as a result of separation of YWPPC (Note 2) - - (2,058,539 ) Non-trade nature The Company’s repayment from Wah Tong Paper Products Factory Limited - (1,080,604 ) - Non-trade nature The Company’s repayment to/(advance from) Wah Tong Paper Products Factory Limited (Note 1 (c)) - 89,145 (89,145 ) Wah Tung Thai Logistics (Shenzhen) Limited (hereafter “WTTLSZ”) Common controlled by the shareholders Trade nature Logistic fee incurred by the Company - (6,109 ) (69,931 ) Trade nature The Company’s payment on the logistic fee - 6,109 77,571 Trade nature Rental income earned by the Company - - 35,599 Trade nature The Company’s receipt of rental income - - (35,599 ) Trade nature The Company’s receipt of sales - (15,998 ) - Non-trade nature The Company’s receipt of advance repaid from by Wah Tung Thai Logistics (Shenzhen) Limited (Note 1(d)) - - (320,029 ) Non-trade nature The Company’s repayment to Wah Tung Thai Logistics (Shenzhen) Limited (Note 1 (d)) - 5,544 - Sing Wise Limited (hereafter “Sing Wise”) Common controlled by the shareholders Trade nature Import service incurred by the Company - - (1,586 ) Trade nature The Company’s payment to import service - - 1,869 Trade nature The Company’s sales - - 18,679 Trade nature The Company’s receipt of sales - (7,072 ) (14,411 ) Non-trade nature The Company’s repayment to Sing Wise Limited - 4,921 - Non-trade nature Decrease of an amount due from Sing Wise Limited as a result of separation of YWPPC (Note 3) - - (380,188 ) Wah Tung Thai Logistics Company Limited (hereafter “WTTL”) Common controlled by the shareholders Trade nature Transportation expenses incurred by the Company - (10,365 ) (105,464 ) Trade nature The Company’s payment to Transportation expenses - 14,507 112,106 Trade nature The Company’s sales - - 57,283 Trade nature The Company’s receipt of sales - - (50,168 ) Kunshan Chuangke Printing Products Co., Ltd Common controlled by the shareholders Trade nature The Company’s payment on purchase - 2,161,721 - Yee Woo Paper Packaging (China) Company Limited (hereafter “YWPPC”) Common controlled by the shareholders Trade nature Rental expenses incurred by the Company (707,311 ) (528,986 ) (396,215 ) Trade nature The Company’s payment on the rental expenses 707,311 865,767 59,434 Non-trade nature Increase of an amount due to Yee Woo Paper Packaging (China) Company Limited as a result of separation of YWPPC (Note 4) - - (2,062,599 ) Non-trade nature The Company’s repayment to Yee Woo Paper Packaging (China) Company Limited (Note 4) - 2,062,599 - Kilomate Enterprises Limited (hereafter “Kilomate”) Common controlled by the shareholders Non-trade nature Decrease of an amount due to Kilomate Enterprises Limited (Note 5) - - 236,206 Millennium Investment International (BVI) Limited Common controlled by the shareholders Non-trade nature Decrease of an amount due to Millennium Investment International (BVI) Limited (Note 6) - - 1,580,168 Lai Por Controlling shareholder Non-trade nature Company’s acquisition of Yee Woo Paper Industry (Shenzhen) Co., Ltd. and Millennium Printing International Limited (Note 7) - - (1,674,429 ) Non-trade nature Decrease of an amount due to shareholder (Note 8) - - 1,883,003 Non-trade nature The Company’s net repayment to shareholders (Note 1(e)) - 115,566 985,451 Non-trade nature Increase in dividend payable to the Controlling Shareholders (Note 9) - (1,162,197 ) - Non-trade nature Dividend waived and capitalized as additional paid in capital (Note 9) - 1,162,197 - Non-trade nature Amount due to shareholders was waived and capitalized as additional paid in capital (Note 10) - 1,102,427 - Lai Yau Shing Controlling shareholder Non-trade nature Company’s acquisition of Yee Woo Paper Industry (Shenzhen) Co., Ltd. and Millennium Printing International Limited (Note 7) - - (1,674,429 ) Non-trade nature Decrease of an amount due to shareholder (Note 8) - - 1,883,003 Non-trade nature The Company’s net repayment to shareholders (Note 1(e)) - 115,566 985,451 Non-trade nature Increase in dividend payable to the Controlling Shareholders (Note 9) - (1,162,197 ) - Non-trade nature Dividend waived and capitalized as additional paid in capital (Note 9) - 1,162,197 - Non-trade nature Amount due to shareholders was waived and capitalized as additional paid in capital (Note 10) - 1,102,427 - Lai Yau Chuen Controlling shareholder Non-trade nature Company’s acquisition of Yee Woo Paper Industry (Shenzhen) Co., Ltd. And Millennium Printing International Limited (Note 7) - - (1,674,429 ) Non-trade nature Decrease of an amount due to shareholder (Note 8) - - 1,883,003 Non-trade nature The Company’s net repayment to shareholders (Note 1(e)) - 115,566 985,451 Non-trade nature Increase in dividend payable to the Controlling Shareholders (Note 9) - (1,162,197 ) - Non-trade nature Dividend waived and capitalized as additional paid in capital (Note 9) - 1,162,197 - Non-trade nature Amount due to shareholders was waived and capitalized as additional paid in capital (Note 10) - 1,102,427 - Lai Yau Sang Controlling shareholder Non-trade nature Company’s acquisition of Yee Woo Paper Industry (Shenzhen) Co., Ltd. and Millennium Printing International Limited (Note 7) - - (1,674,429 ) Non-trade nature Decrease of an amount due to shareholder (Note 8) - - 1,883,003 Non-trade nature The Company’s net repayment to shareholders (Note 1(e)) - 115,566 985,451 Non-trade nature Increase in dividend payable to the Controlling Shareholders (Note 9) - (1,162,197 ) - Non-trade nature Dividend waived and capitalized as additional paid in capital (Note 9) - 1,162,197 - Non-trade nature Amount due to shareholders was waived and capitalized as additional paid in capital (Note 10) - 1,102,427 - Lai Yau Fai Controlling shareholder Non-trade nature Company’s acquisition of Yee Woo Paper Industry (Shenzhen) Co., Ltd. And Millennium Printing International Limited (Note 7) - - (1,674,429 ) Non-trade nature Decrease of an amount due to shareholder (Note 8) - - 1,883,003 Non-trade nature The Company’s net repayment to shareholders (Note 1(e)) - 115,566 985,451 Non-trade nature Increase in dividend payable to the Controlling Shareholders (Note 9) - (1,162,197 ) - Non-trade nature Dividend waived and capitalized as additional paid in capital (Note 9) - 1,162,197 - Non-trade nature Amount due to shareholders was waived and capitalized as additional paid in capital (Note 10) - 1,102,427 - Lai Yau Chi Controlling shareholder Non-trade nature Company’s acquisition of Yee Woo Paper Industry (Shenzhen) Co., Ltd. And Millennium Printing International Limited (Note 7) - - (1,674,429 ) Non-trade nature Decrease of an amount due to shareholder (Note 8) - - 1,883,003 Non-trade nature The Company’s net repayment to shareholders (Note 1(e)) - 115,566 985,451 Non-trade nature Increase in dividend payable to the Controlling Shareholders (Note 9) - (1,162,197 ) - Non-trade nature Dividend waived and capitalized as additional paid in capital (Note 9) - 1,162,197 - Non-trade nature Amount due to shareholders was waived and capitalized as additional paid in capital (Note 10) - 1,102,427 - Note 1 All these companies were controlled by the shareholders of Millennium Group International Holdings Ltd (hereafter “MGIH”) and funds were used between these companies for efficient fund utilization purposes. (a) The amounts represented the advance to MGI to meet its working capital needs and payment on behalf of MGI for the purchase of raw materials. The receipt of advance repaid represented the repayment from MGI. (b) The amount represented the advance to WTPPG to meet its working capital needs. The receipt of advance repaid represented the repayment from WTPPG. (c) The advance receipt represented the advance from WTPPF to meet our working capital needs. The repayment represented the repayment to WTPPF. (d) The amount represented the advance to WTTLSZ to meet its working capital needs. The receipt of advance repaid represented the repayment from WTTLSZ. (e) The amount represented the net repayment to shareholders regarding the advances for the working capital of the group in prior years. (f) The related party balances between YWPPC and WTPPF was arisen from advancement to WTPPF by YWPPC to meet its working capital needs. Please also see Note 2 for more details. (g) The related party balances between YWPPC and Sing Wise was arisen from advancement to Sing Wise by YWPPC to meet its working capital needs. Please also see Note 3 for more details. (h) The related party balances between YWPPC and MGIH Group companies was arisen from advancement to MGIH Group companies by YWPPC to meet their working capital needs. Please also see Note 4 for more details. (i) The related party balances between MII and MGIH Group companies was arisen from advancement to MGIH Group companies by MII to meet their working capital needs. Please also see Note 6 for more details. * The movement as mentioned in notes 1(a) to (e) above was already included in statements of cash flows. Note 2 # Before December 31, 2020, while YWPPC was still in the group, YWPPC has an amount due from WTPPF (Note 1 (f)). In other words, the group has an amount due from WTPPF. The separation of YWPPC from the group after December 31, 2020, resulted in decrease in amount due from WTPPF. Note 3 # Before December 31, 2020, while YWPPC was still in the group, YWPPC has an amount due from Sing Wise (Note 1 (g)). In other words, the group has an amount due from Sing Wise. The separation of YWPPC from the group after December 31, 2020, resulted in a net decrease in amount due from Sing Wise. Note 4 # Before December 31, 2020, YWPPC was under our groups of companies commonly held by the shareholders of MGIH and all amounts due to this company by group companies were consolidated in the financial statements and intercompany balances were eliminated within the group. The group companies had a net amount due to YWPPC at that time (Note 1 (h)). The separation of YWPPC from the group after December 31, 2020, resulted in a net increase in amount due to YWPPC and the outstanding amounts were no longer eliminated in the consolidated financial statements of MGIH for the year ended June 30, 2021. The outstanding amounts were then fully settled during the year ended June 30, 2022. Note 5 # Kilomate is commonly held by the shareholders of MGIH Group. Kilomate had rental income from third parties before June 30, 2021 and transferred the right to receive rental income to companies in MGIH Group on its behalf and thus resulted in an amount due to Kilomate by MGIH Group. As a result of the MGIH shareholders’ undertaking to assume the liabilities due to Kilomate by the MGIH Group, the amount originally due to Kilomate by MGIH Group became amount due to the shareholders of MGIH and thus resulted in a decrease in amount due to Kilomate on June 30, 2021. The shareholders waived such amount due to them which was then recognized as additional paid-in capital in the year ended June 30, 2022. Please also see note 10 for details. Note 6 # MII is commonly held by the shareholders of MGIH Group which had an amount due to MII (Note 1 (i)). On June 30, 2021, MII assigned the amount due to MII by MGIH to the shareholders of MII. As a result, the amount originally due to MII became amount due to the shareholders of MII who are the same shareholders of MGIH and thus resulted in a decrease in amount due to MII on June 30, 2021. The shareholders of MGIH waived such amount due to them which was then recognized as additional paid-in capital in the year ended June 30, 2022. Please also see note 10 for details. Note 7 # The amount represented the aggregate increase in amount due to shareholders approximately $1.7 million for the year ended June 30, 2021, which was due to the following two transactions. Before December 31, 2020, while YWPPC was still in the group, YWPISZ was the subsidiary of YWPPC. MGIH Group then acquired YWPISZ from YWPPC. YWPPC transferred the right to receive the proceeds from sales of YWPISZ to the shareholders of MGIH Group on October 19, 2020. As a result, there was an increase in amount due to shareholders as of June 30, 2021. In the year ended June 30, 2022, the shareholders waived the proceeds which were to be capitalized under the Controlling Shareholder’s waiver of amount due to the Controlling Shareholders by the Group that will be recognized as additional paid-in capital and resulted in a decrease in amount due to shareholders, please also see note 10 for details. Before December 21, 2020, MGIH Group acquired MPI from MII and Gramade Investments Limited (hereafter “Gramade”). MII and Gramade transferred the right to receive the proceeds from sales of MPI to the shareholders of MGIH Group on December 21, 2020. As a result, there was an increase in amount due to shareholders as of June 30, 2021. In the year ended June 30, 2022, the shareholders waived the proceeds which were being capitalized under the Controlling Shareholder’s waiver of amount due to the Controlling Shareholders by the Group that will be recognized as additional paid-in capital and resulted in a decrease in amount due to shareholders, please also see note 10 for details. Note 8 # The decrease in amount due to individual Controlling Shareholders for the year ended June 30, 2021 consists of net effect of the following: (1) decrease in amount due to shareholders amounting to $2.45 million for each shareholder which was capitalized under the Controlling Shareholder’s waiver of amount due to the Controlling Shareholders by the Group that was recognized as additional paid-in capital; (2) Amount transferred to shareholders by Kilomate and MII as described in Note 5 and Note 6 above amounting to $0.04 million and $0.26 million, respectively; and (3) Decrease in amount due from shareholders was arisen from separation of YWPPC from the group and at that time YWPPC carried amount due from shareholders amounting to $0.26 million before December 31, 2020. As YWPPC was separated from MGIH group after December 31 2020, this resulted in a decrease in amount due from shareholders after December 31, 2020. # No cash flows are involved in these transactions. Note 9 On February 28, 2022, Millennium Printing, a Hong Kong subsidiary, declared dividend in the amount of US$7 million to its immediate holding company and thereafter the same amount of dividend was declared to those intermediate holding companies up the chain and then finally to the Controlling Shareholders. The dividend payable to the Controlling Shareholders was waived by the Controlling Shareholders during the year ended June 30, 2022 and such amount payable to shareholders was then capitalized as additional paid-in capital in the financial statements for the year ended June 30, 2022. Note 10 The amounts outstanding to Controlling Shareholders was waived by the Controlling Shareholders and such amount payable to shareholders was capitalized as additional paid-in capital in the financial statements for the year ended June 30, 2022.

Other Payables and Accrued Liab

Other Payables and Accrued Liabilities	12 Months Ended
	Jun. 30, 2023
Other Payables and Accrued Liabilities [Abstract]
Other payables and accrued liabilities	(12) Other payables and accrued liabilities Other payables and accrued liabilities consist of the following: As of June 30, 2023 2022 Contract liabilities 117,128 74,233 Salaries payables 849,386 923,461 Other payables 434,017 541,635 Other accruals 704,497 1,629,960 Totals 2,105,028 3,169,289 The amount of revenue recognized from contract liabilities to the Company’s result of operations was $ 71,103 33,259

Shareholders' Equity

Shareholders' Equity	12 Months Ended
	Jun. 30, 2023
Stockholders' Equity [Abstract]
Shareholders' Equity	(13) Shareholders’ equity Ordinary shares The Company performed as series of group re-organizing activities and which was completed on January 19, 2022, resulting in 10,000,000 ordinary shares issued and outstanding as of June 30, 2022. As the Group were under same control of the shareholders and their entire equity interests were also ultimately held by the shareholders immediately prior to the group reorganization, the consolidated statements of operations and comprehensive loss, consolidated statements of changes in shareholders’ equity and consolidated statements of cash flows are prepared as if the current group structure had been in existence throughout the year ended June 30, 2022. On April 4, 2023, the Company announced the closing of its initial public offering (“IPO”) of 1,250,000 ordinary shares, US$0.002 par value per share (“Ordinary Shares”) at an offering price of US$4.00 per share for a total of US$5,000,000 in gross proceeds. The Company raised total net proceeds of US$4.2 million, which was reflected in the statement of cash flows, after deducting underwriting discounts and commissions and outstanding offering expenses as at April 3, 2023. During the process of IPO, the Company incurred an aggregate of approximately US$1.7 million for underwriting discounts and commissions and total offering expenses, among which approximately US$0.9 million offering expenses were paid just before successful listing and recognized as deferred offering costs. At the date of closing of IPO (i.e. April 4, 2023), the underwriting discounts and commissions and total offering expenses of approximately US$1.7 million were offset against the gross offering proceeds of US$5 million resulted in net amount of approximately US$3.3 million which was recognized in additional paid-in capital. Restricted net assets Our ability to pay dividends is primarily dependent on us receiving distributions of funds from Millennium Printing (Shenzhen) Co., Ltd, Yee Woo Paper Industry (Shenzhen) Co., Ltd., Putian Xiqi Branding Strategy Co., Ltd, Millennium Packaging Technology (Huizhou) Co., Ltd., Millennium (Huizhou) Technology Co., Ltd. and Huizhou Yimeinuo Industry Co., Ltd. (collectively as the “PRC subsidiaries”). Relevant PRC statutory laws and regulations permit payments of dividends by the PRC subsidiaries only out of its retained earnings, if any, as determined in accordance with PRC accounting standards and regulations. The results of operations reflected in the accompanying consolidated financial statements prepared in accordance with U.S. GAAP differ from those reflected in the statutory financial statements of these subsidiaries. These subsidiaries are required to set aside at least 10% of their after-tax profits each year, if any, to fund certain statutory reserve funds until such reserve funds reach 50% of its registered capital. In addition, the PRC subsidiaries may allocate a portion of their after-tax profits based on PRC accounting standards to enterprise expansion fund and staff bonus and welfare fund at its discretion. The PRC subsidiaries may allocate a portion of its after-tax profits based on PRC accounting standards to a discretionary surplus fund at its discretion. The statutory reserve funds and the discretionary funds are not distributable as cash dividends. Remittance of dividends by a wholly foreign-owned company out of China is subject to examination by the banks designated by State Administration of Foreign Exchange. As a result of the foregoing restrictions, the PRC subsidiaries are restricted in their ability to transfer their assets to us. Foreign exchange and other regulation in the PRC may further restrict the PRC subsidiaries from transferring funds to us in the form of dividends, loans and advances. As of June 30, 2023, and 2022, amounts restricted are the statutory reserve of the PRC subsidiaries, which amounted to US$1,049,119 and US$1,029,144 . During the years ended June 30, 2023, 2022 and 2021, the PRC subsidiaries attributed US$19,975, US$295,962 and US$276,039

Selling and Marketing Expenses

Selling and Marketing Expenses	12 Months Ended
	Jun. 30, 2023
Selling And Marketing Expenses Abstract
Selling and marketing expenses	(14) Selling and marketing expenses Year ended June 30, 2023 2022 2021 $ $ $ Staff costs and employee benefits 964,698 938,048 928,737 Consultancy fee 1,888,128 2,424,088 2,590,069 Transportation and handling 1,468,035 2,074,255 2,085,652 Advertisement expenses 18,361 3,154 - Depreciation and amortization 3,227 3,530 4,275 Others 533,201 370,232 661,504 Total 4,875,650 5,813,307 6,270,237

General and Administrative Expe

General and Administrative Expenses	12 Months Ended
	Jun. 30, 2023
General and Administrative Expenses [Abstract]
General and administrative expenses	(15) General and administrative expenses Year ended June 30, 2023 2022 2021 $ $ $ Staff costs and employee benefits 3,356,644 3,333,846 3,579,013 Depreciation and amortization 263,576 344,251 379,152 Research and development 241,241 305,003 390,428 Office and utilities 198,135 234,800 222,117 Others 1,211,370 704,175 1,412,177 Total 5,270,966 4,922,075 5,982,887

Income Taxes

Income Taxes	12 Months Ended
	Jun. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	(16) Income Taxes Cayman Islands The Company was incorporated in the Cayman Islands and is not subject to tax on income or capital gains under the laws of the Cayman Islands. The Company mainly conducts its operating business through its subsidiaries in the PRC and Hong Kong. Additionally, the Cayman Islands does not impose a withholding tax on payments of dividends to shareholders. British Virgin Islands The Company’s subsidiaries incorporated in the British Virgin Islands is not subject to taxation. Vietnam The Company’s Vietnam subsidiaries, MPG Global Company Limited and Yee Woo Vietnam Paper Products Company Limited are subject to Vietnam corporate income tax on its taxable income as reported in their statutory financial statements adjusted in accordance with relevant Vietnam tax laws. The corporate tax rate under the Vietnam tax laws is 20%. Tax losses can be carried forward for a maximum of five years, through 2028, but cannot be carried back. There is no assessable profits from the Vietnam subsidiaries during the years ended June 30, 2023, 2022 and 2021. Hong Kong The Company’s Hong Kong subsidiaries, including Millennium Investment International Limited, Millennium Strategic International Limited, Wah Tong Investment International Limited, Yee Woo Paper Investment International Limited, Millennium Printing International Limited, Millennium Packaging Group International Limited, Yee Woo Paper Packaging (HK) Company Limited and Millennium Holdings International Limited are subject to Hong Kong Profits Tax on their taxable income as reported in their statutory financial statements adjusted in accordance with relevant Hong Kong tax laws. Hong Kong Profits Tax has been calculated at 16.5% of the estimated assessable profit for the years ended June 30, 2023, 2022 and 2021. Tax losses can be carried forward to offset profits in future years until fully absorbed but cannot be carried back. PRC The Company’s PRC operating subsidiaries, Millennium Printing (Shenzhen) Co., Ltd, Yee Woo Paper Industry (Shenzhen) Co., Ltd., Putian Xiqi Branding Strategy Co., Ltd., Millennium Packaging Technology (Huizhou) Co., Ltd., Millennium (Huizhou) Technology Co., Ltd. and Huizhou Yimeinuo Industry Co., Ltd are governed by the income tax laws of the PRC and the income tax provisions in respect to operations in the PRC is calculated at the applicable tax rate on the taxable income for the periods based on existing legislation, interpretations and practices in respect thereof. Under the Enterprise Income Tax Laws of the PRC (the “EIT Laws”), Chinese enterprises are subject to an income tax rate of 25% after appropriate tax adjustments. The net tax loss attributable to those PRC entities can only be carried forward for a maximum period of five years, through 2028. Significant components of the provisions for income taxes for the years ended June, 2023, 2022 and 2021 were as follows: Year Ended June 30, 2023 2022 2021 $ $ $ Provision for Income Taxes Current Tax Provision Hong Kong 125,802 226,148 209,826 Current Tax Provision PRC - 694,661 598,127 Over Provision of PRC Income Tax in prior year (217,999 ) - - Deferred Tax Provision PRC 14,895 (23,652 ) (7,869 ) Total Provision for Income Taxes (77,302 ) 897,157 800,084 The following table reconciles PRC statutory rates to our effective tax rate: Year Ended June 30, 2023 2022 2021 $ $ $ PRC Statutory rate 25 % 25 % 25 % Effect of different tax jurisdiction (7 )% (7 )% (7 )% Overprovision of PRC income tax in prior year (50 )% - - Tax losses not recognized 14 % - - Effective income tax rate (18 )% 18 % 18 % During the years ended June 30, 2023, 2022 and 2021, the effective income tax rate was estimated by the Company to be (18%), 18% and 18%, respectively. Management reviews this valuation allowance periodically and will make adjustments as warranted. A summary of the otherwise deductible (or taxable) deferred tax items is as follows: June 30, June 30, 2023 2022 $ $ Deferred tax assets Depreciation expense of property, plant and equipment - 120,437 Miscellaneous 29,899 54,323 Allowance for doubtful accounts 20,145 27,931 Allowance for inventories 119,038 110,624 Tax loss 228,130 - 397,212 313,315 Less: valuation allowance - - Total deferred tax assets 397,212 313,315

Segment Reporting

Segment Reporting	12 Months Ended
	Jun. 30, 2023
Segment Reporting [Abstract]
Segment Reporting	(17) Segment Reporting ASC 280, “Segment Reporting”, establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal organizational structure as well as information about geographical areas, business segments and major customers in financial statements for details on the Company’s business segments. The Company uses the “management approach” in determining reportable operating segments. The management approach considers the internal organization and reporting used by the Company’s chief operating decision maker for making operating decisions and assessing performance as the source for determining the Company’s reportable segments. Management, including the chief operating decision maker, reviews operation results by the revenue of different products or services. Based on management’s assessment, the Company has determined that it has only one operating segment. The following table presents revenue by major merchandise or services categories for the years ended June 30, 2023, 2022 and 2021, respectively: Year Ended June 30, 2023 2022 2021 Packaging products 23,065,859 36,256,189 35,970,085 Corrugated products 16,977,098 23,986,957 23,694,875 Packaging products supply chain management solutions 5,555,663 5,989,611 4,900,309 45,598,620 66,232,757 64,565,269 In the following table, the Company additionally provided the revenue in term of geographical locations of customers. Year Ended June 30, 2023 Packaging products Corrugated products Packaging products supply chain management solutions Total Geographical location: Mainland China 19,677,726 13,481,344 107,244 33,266,314 Hong Kong SAR 797,390 1,327,396 1,160,720 3,285,506 Vietnam 1,802,700 5,322 1,322,317 3,130,339 Other Southeast Asian countries* 516,753 861,594 1,986,331 3,364,678 Australia 812 1,167,379 - 1,168,191 United States of America 12,214 47,688 788,887 848,789 Other countries 258,264 86,375 190,164 534,803 23,065,859 16,977,098 5,555,663 45,598,620 Year Ended June 30, 2022 Packaging products Corrugated products Packaging products supply chain management solutions Total Geographical location: Mainland China 31,459,882 20,947,090 257,857 52,664,829 Hong Kong SAR 1,374,684 1,696,811 897,656 3,969,151 Vietnam 1,129,772 - 1,559,921 2,689,693 Other Southeast Asian countries* 699,621 - 2,280,800 2,980,421 Australia 1,123 1,342,230 - 1,343,353 United States of America 437,395 - 795,294 1,232,689 Other countries 1,153,712 826 198,083 1,352,621 36,256,189 23,986,957 5,989,611 66,232,757 Year Ended June 30, 2021 Packaging products Corrugated products Packaging products supply chain management solutions Total Geographical location: Mainland China 31,775,461 19,132,295 226,531 51,134,287 Hong Kong SAR 1,429,535 2,083,941 716,690 4,230,166 Vietnam 1,283,778 194,046 1,419,645 2,897,469 Other Southeast Asian countries* 412,523 1,008,547 1,772,148 3,193,218 Australia 13,476 1,159,061 - 1,172,537 United States of America 282,869 37,911 520,442 841,222 Other countries 772,443 79,074 244,853 1,096,370 35,970,085 23,694,875 4,900,309 64,565,269 * Other Southeast Asian countries include Singapore, Indonesia, Malaysia, Philippines and Myanmar.

Risks and Uncertainties

Risks and Uncertainties	12 Months Ended
	Jun. 30, 2023
Risks and Uncertainties [Abstract]
Risks and Uncertainties	(18) Risks and Uncertainties Credit risk Our assets that potentially subject to a significant concentration of credit risk primarily consist of cash and accounts receivable. We believe that there is no significant credit risk associated with cash in Hong Kong, which were held by reputable financial institutions in the jurisdiction where subsidiaries in Hong Kong are located. The Hong Kong Deposit Protection Board pays compensation up to a limit of US$63,807 (equivalents to HK$500,000) if the bank with which an individual/a company hold its eligible deposit fails. As of June 30, 2023, cash balance of US$11,301,641 (equivalents to HK$88,561,243) was maintained at financial institutions in Hong Kong and approximately US$191,421 (equivalents to HK$1,500,000) was insured by the Hong Kong Deposit Protection Board. We believe that there is no significant credit risk associated with cash in the PRC, which were held by reputable financial institutions in the jurisdiction where subsidiaries in PRC are located. The People’s Bank of China pays compensation up to a limit of US$68,913 (equivalents to RMB500,000) if the bank with which an individual/a company hold its eligible deposit fails. As of June 30, 2023, cash balance of US$16,120,422 (equivalents to RMB$116,962,530) was maintained at financial institutions in PRC and approximately US$76,598 (equivalents to RMB555,761) was insured by The People’s Bank of China. We believe that there is no significant credit risk associated with cash in Vietnam, which were held by reputable financial institutions in the jurisdiction where subsidiaries in Vietnam are located. The Deposit insurance of Vietnam pays compensation up to a limit of US$5,300 (equivalents to VND125,000,000) if the bank with which an individual/a company hold its eligible deposit fails. As of June 30, 2023, cash balance of US$98,069 (equivalents to VND2,312,787,951) was maintained at financial institutions in Vietnam and approximately US$11,070 (equivalents to VND261,070,196) was insured by The Deposit Insurance of Vietnam. We have designed credit policies with an objective to minimize their exposure to credit risk. Our accounts receivable is short term in nature and the associated risk is minimal. We conduct credit evaluations on our clients and generally do not require collateral or other security from such clients. We periodically evaluate the creditworthiness of the existing clients in determining an allowance for doubtful accounts primarily based upon the age of the receivables and factors surrounding the credit risk of specific clients. We are also exposed to risk from other receivables. These assets are subjected to credit evaluations. An allowance, where applicable, would make for estimated unrecoverable amounts which have been determined by reference to past default experience and the current economic environment. Customer concentration risk For the year ended June 30, 2023, one customer accounted for 13.9% of our total revenues for the year ended June 30, 2023. For the year ended June 30, 2022, one customer accounted for 12.5% of our total revenues. No customer accounted for more than 10% of our revenue for the year ended June 30, 2021. As of June 30, 2023, two customers accounted for 12.5% and 11.4% of the total balance of accounts receivable. As of June 30, 2022, two customers accounted for 19.7% and 14.4% of the total balance of accounts receivable. Vendor concentration risk For the year ended June 30, 2023, three vendors accounted for 21.5%, 10.1% and 9.0% of our total purchases. For the year ended June 30, 2022, three vendors accounted for 18.3%, 14.9% and 10.8% of our total purchases. For the year ended June 30, 2021, three vendors accounted for 18.9%, 14.9% and 12.6% of our total purchases. As of June 30, 2023, one vendor accounted for 12.9% of the total balance of accounts payable. As of June 30, 2022, one vendor accounted for 14.3% of the total balance of accounts payable.

Capital Commitment

Capital Commitment	12 Months Ended
	Jun. 30, 2023
Capital Commitment [Abstract]
Capital Commitment	(19) Capital Commitment a. Operating lease commitment The Company had outstanding commitment on non-cancelable operating lease arrangements. The details of operating lease commitment contracted as of June 30, 2023 are set out in Note 9. b. Capital commitment At March 14, 2020, the Company has entered into a contract for the right to use of a land in Vietnam for a consideration of VND 102,476,000,000 (approximately US$4,455,000). The amount to be paid amounting VND 60,554,000,000 (approximately US$2,546,370) as of June 30, 2023.

Subsequent Events

Subsequent Events	12 Months Ended
	Jun. 30, 2023
Subsequent Events [Abstract]
Subsequent Events	(20) Subsequent Events The Company has assessed all events from June 30, 2023, up through October 30, 2023, which is the date that these consolidated financial statements are available to be issued, unless as disclosed else where in the consolidated financial statements, there are not any material subsequent events that require disclosure in these consolidated financial statements.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
	Jun. 30, 2023
Significant Accounting Policies [Abstract]
Basis of Presentation and Principles of Consolidation	Basis of Presentation and Principles of Consolidation The consolidated financial statements of the Company are prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”), and include the assets, liabilities, revenues, expenses and cash flows of all subsidiaries. All significant inter-company balances and transactions are eliminated on consolidation.
Use of estimates and assumptions	Use of estimates and assumptions The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates are based on information as of the date of the consolidated financial statements. Significant estimates required to be made by management include, but are not limited to, significant accounting estimates reflected in the Company’s consolidated financial statements include useful lives of property, plant and equipment, impairment of long-lived assets, allowance for doubtful accounts, provision for contingent liabilities, deferred taxes and uncertain tax position. Actual results could differ from these estimates.
Foreign Currency Translation	Foreign Currency Translation The Company’s reporting currency is the United States dollar (“US$” or “$”). The functional currency of its Hong Kong subsidiaries is the Hong Kong dollar (the “HK$”), its Vietnam subsidiaries is the Vietnamese dong (the “VND”), and its PRC subsidiaries is the Renminbi (the “RMB”). Results of operations and cash flows are translated at the average exchange rates during the year, and assets and liabilities are translated at the exchange rate at the end of the year. Capital accounts are translated at their historical exchange rates when the capital transaction occurred. Translation adjustments resulting from this process are included in accumulated other comprehensive income (loss). Transaction gains and losses that arise from exchange rate fluctuations on transactions denominated in a currency other than the functional currency are included in the results of operations as incurred. Translation of amounts from HK$ into US$ has been made at the following exchange rates: Balance sheet items, except for equity accounts: June 30, 2022 HK$7.85 to US$1 June 30, 2023 HK$7.84 to US$1 Statement of operations and cash flow items: June 30, 2021 HK$7.76 to US$1 June 30, 2022 HK$7.80 to US$1 June 30, 2023 HK$7.84 to US$1 Translation of amounts from RMB into US$ has been made at the following exchange rates: Balance sheet items, except for equity accounts: June 30, 2022 RMB6.70 to US$1 June 30, 2023 RMB7.26 to US$1 Statement of operations and cash flow items: June 30, 2021 RMB 6.62 to US$1 June 30, 2022 RMB 6.45 to US$1 June 30, 2023 RMB 6.95 to US$1 Translation of amounts from VND into US$ has been made at the following exchange rates: Balance sheet items, except for equity accounts: June 30, 2022 VND23,263 to US$1 June 30, 2023 VND23,583 to US$1 Statement of operations and cash flow items: June 30, 2021 VND23,068 to US$1 June 30, 2022 VND22,860 to US$1 June 30, 2023 VND23,706 to US$1
Cash and cash equivalents	Cash and cash equivalents Cash and cash equivalents represent cash on hand and time deposits, which are unrestricted as to withdrawal or use, and which have original maturities of three months or less from the date of purchase to be cash equivalents.
Restricted cash	Restricted cash Time deposits that are restricted as to withdrawal for use or pledged as security is reported separately as restricted cash. The Group’s restricted cash primarily represents deposits pledged to banks to secure banking facilities granted to the Company. The restricted deposits for the banking facilities have been fully released by respective bank in September 2022 with the revised bank facilities.
Accounts receivable, net	Accounts receivable, net Accounts receivable represents trade receivables from customers. Accounts receivable are recognized and carried at original invoiced amount less an estimated allowance for uncollectible accounts. The trade receivables are all without customer collateral and interest is not accrued on past due accounts. Periodically, management reviews the adequacy of its provision for doubtful accounts based on historical bad debt expense results and current economic conditions using factors based on the aging of its accounts receivable. Additionally, the Company may identify additional allowance requirements based on indications that a specific customer may be experiencing financial difficulties. Actual bad debt results could differ materially from these estimates. As of June 30, 2023, and 2022, the balance of allowance for doubtful accounts was $ 70,345 186,909
Prepayments, other receivables and other current assets	Prepayments, other receivables and other current assets Prepayments are cash deposited or advanced to suppliers for future inventory purchases. This amount is refundable and bears no interest. Other receivables and other current assets primarily include deposits for rental, VAT input and others. Management regularly reviews the aging of receivables and changes in payment trends and records allowances when management believes collection of amounts due are at risk. Receivables considered uncollectable are written off against allowances after exhaustive efforts at collection are made.
Inventories, net	Inventories, net Inventories consist principally of raw materials, work-in-progress and finished goods, and are stated at the lower of cost (average cost method) or net realizable value. Cost of inventories includes labor, raw materials, and allocated overhead.
Intangible asset, net	Intangible asset, net Intangible asset is computer software acquired by the Company, it is stated at cost less accumulated amortization and any impairment losses. The intangible assets will be amortized on a straight-line basis over the estimated useful life of 5 years.
Property, Plant and Equipment, net	Property, Plant and Equipment, net Property, plant, and equipment are stated at cost less accumulated depreciation and any impairment losses. Major renewals, betterments, and improvements are capitalized to the asset accounts while replacements, maintenance, and repairs, which do not improve or extend the lives of the respective assets, are expensed to operations. At the time property, plant, and equipment are retired or otherwise disposed of, the asset and related accumulated depreciation or amortization accounts are relieved of the applicable amounts. Gains or losses from retirements or sales are credited or charged to operations. The Company depreciates property, plant, and equipment using the straight-line method as follows: Buildings 20 years to 50 years Leasehold improvements 5 years Plant and machinery 5 years to 20 years Motor Vehicles 5 years to 10 years Office equipment 5 years to 10 years
Impairment of long-lived asset	Impairment of long-lived asset Long-lived assets, representing property, plant and equipment and intangible asset with finite lives are reviewed for impairment whenever events or changes in circumstances (such as a significant adverse change to market conditions that will impact the future use of the assets) indicate that the carrying value of an asset may not be recoverable. We assess the recoverability of the assets based on the undiscounted future cash flows the assets are expected to generate and recognize an impairment loss when estimated undiscounted future cash flows expected to result from the use of the asset plus net proceeds expected from disposition of the asset, if any, are less than the carrying value of the asset. If an impairment is identified, we would reduce the carrying amount of the asset to its estimated fair value based on a discounted cash flows approach or, when available and appropriate, to comparable market values. As of June 30, 2023, and 2022, no impairment of long-lived assets was recognized.
Leases	Leases ASC 842 supersedes the lease requirements in ASC 840 “Leases”, and generally requires lessees to recognize operating and finance lease liabilities and corresponding right-of-use assets on the balance sheet and to provide enhanced disclosures surrounding the amount, timing and uncertainty of cash flows arising from leasing arrangements. All leases in the Group are accounted for as operating leases. We determine if an arrangement is a lease at inception. On our balance sheet, our lease is included in operating lease right-of-use (ROU) asset, Current portion of operating lease liability and operating lease liability, net of current portion. ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. For leases that do not provide an implicit rate, we use our incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. We use the implicit rate when readily determinable. Lease expense for lease payments is recognized on a straight-line basis over the lease term. Significant judgment may be required when determining whether a contract contains a lease, the length of the lease term, the allocation of the consideration in a contract between lease and non-lease components, and the determination of the discount rate included in our office lease. We review the underlying objective of each contract, the terms of the contract, and consider our current and future business conditions when making these judgments. For operating leases, lease expense is recognized on a straight-line basis in operations over the lease term. Any lease with a term of 12 months or less is considered short-term. As permitted by ASC 842, short-term leases are excluded from the ROU asset and lease liabilities on the consolidated balance sheets. Consistent with all other operating leases, short-term lease expense is recorded on a straight-line basis over the lease term. All land in mainland China is owned by the Chinese government. The Chinese government may sell land use rights for a specified period of time. The purchase price of land use rights represents the operating lease prepayments for the rights to use the land in mainland China under ASC 842 and is recorded as right-of-use assets on the consolidated balance sheets, which is amortized over the remaining lease term. In July 2000, the Company acquired land use rights from the local Bureau of Land and Resources in Shenzhen for the purpose of building factory. The land use rights are being amortized over the respective lease terms, which are 50 years. In the inception date of lease term, the Company has fully paid the lease payment to the PRC government.
Other non-current assets	Other non-current assets Other non-current assets mainly include prepayment for land cost in Vietnam of approximately USD 1,798,927 and USD 1,592,962, and capitalized listing fees of approximately Nil
Bank borrowings	Bank borrowings Bank borrowings are initially recognized at fair value, net of upfront fees incurred. Borrowings are subsequently measured at amortized cost. Any difference between the proceeds (net of transaction costs) and the redemption amount is recognized in profit or loss over the period of the borrowings using the effective interest method.
Accounts payable	Accounts payable Accounts payable represents trade payables to vendors.
Other payables and accrued liabilities	Other payables and accrued liabilities Other payables and accrued liabilities primarily include contract liabilities, salaries payable as well as others accrual and payable. A contract liability is recognized when a payment is received or a payment is due (whichever is earlier) from a customer before the Company transfers the related goods or services. Contract liabilities are recognized as revenue when the Company performs under the contract (i.e., transfers control of the related goods or services to the customer).
Statutory Reserves	Statutory Reserves According to the laws and regulations in the PRC, the Company is required to provide for certain statutory funds, namely, a reserve fund by an appropriation from net profit after taxation but before dividend distribution based on the local statutory financial statements of the PRC subsidiary prepared in accordance with the PRC accounting principles and relevant financial regulations. Each of the Company’s wholly owned subsidiary in the PRC are required to allocate at least 10% of its net profit to the reserve fund until the balance of such fund has reached 50% of its registered capital. Appropriations of additional reserve fund are determined at the discretion of its directors. The reserve fund can only be used, upon approval by the relevant authority, to offset accumulated losses or increase capital.
Employee Benefit Plan	Employee Benefit Plan Full time employees of the PRC entities participate in a government mandated multi-employer defined contribution plan pursuant to which certain pension benefits, medical care, unemployment insurance and other welfare benefits are provided to employees. Qualified employees of the Hong Kong entities participate in Mandatory Provident Fund and company’s medical insurance plan. Contributions are made by both the employer and the employee at the rate of 5% on the employee’s relevant salary income, subject to a cap of monthly relevant income of approximately US$27,796. During the years ended June 30, 2023, 2022 and 2021, the total amount charged to the consolidated statements of operations in respect of the Company’s costs incurred on both government mandated multi-employer defined contribution plan in the PRC and Mandatory Provident Fund Scheme in Hong Kong were US$1,205,697, US$1,090,943 and US$1,056,894, respectively.
Related parties	Related parties We adopted ASC 850, Related Party Disclosures, for the identification of related parties and disclosure of related party transactions. The details of related party transaction during the years ended June 30, 2023, 2022 and 2021 and balances as of June 30, 2023 and 2022 are set out in the note 11.
Revenue Recognition	Revenue Recognition The Company adopted ASC Topic 606, Revenue from Contracts with Customers 1. Identify the contract(s) with a customer; 2. Identify the performance obligations in the contract; 3. Determine the transaction price; 4. Allocate the transaction price to the performance obligations in the contract; and 5. Recognize revenue when (or as) the entity satisfies a performance obligation. A contract contains a promise (or promises) to transfer goods or services to a customer. A performance obligation is a promise (or a group of promises) that is distinct. The transaction price is the amount of consideration a company expects to be entitled from a customer in exchange for providing the goods or services. The unit of account for revenue recognition is a performance obligation (a good or service). A contract may contain one or more performance obligations. Performance obligations are accounted for separately if they are distinct. A good or service is distinct if the customer can benefit from the good or service either on its own or together with other resources that are readily available to the customer, and the good or service is distinct in the context of the contract. Otherwise, performance obligations are combined with other promised goods or services until the Company identifies a bundle of goods or services that is distinct. Promises in contracts which do not result in the transfer of a good or service are not performance obligations, as well as those promises that are administrative in nature, or are immaterial in the context of the contract. The Company has addressed whether various goods and services promised to the customer represent distinct performance obligations. The Company applied the guidance of ASC Topic 606-10-25-16 through 18 in order to verify which promises should be assessed for classification as distinct performance obligations. The transaction price is allocated to each performance obligation in the contract on the basis of the relative stand-alone selling prices of the promised goods or services. The individual standalone selling price of a good or service that has not previously been sold on a stand-alone basis, or has a highly variable selling price, is determined based on the residual portion of the transaction price after allocating the transaction price to goods and/or services with observable stand-alone selling price. A discount or variable consideration is allocated to one or more, but not all, of the performance obligations if it relates specifically to those performance obligations. Transaction price is the amount of consideration in the contract to which the Company expects to be entitled in exchange for transferring the promised goods or services. The transaction price may be fixed or variable and is adjusted for time value of money if the contract includes a significant financing component. Consideration payable to a customer is deducted from the transaction price if the Company does not receive a separate identifiable benefit from the customer. When consideration is variable, if applicable, the estimated amount is included in the transaction price to the extent that it is highly probable that a significant reversal of the cumulative revenue will not occur when the uncertainty associated with the variable consideration is resolved. Revenue may be recognized at a point in time or over time following the timing of satisfaction of the performance obligation. If a performance obligation is satisfied over time, revenue is recognized based on the percentage of completion reflecting the progress towards complete satisfaction of that performance obligation. Typically, performance obligation for products where the process is described as below, the performance obligation is satisfied at point in time. The Company currently generates its revenue mainly from the following sources: a. Revenue from sales of paper products For the sales of paper products, the Company typically receives purchase orders from its customers which will set forth the terms and conditions including the transaction price, products to be delivered, terms of delivery, and terms of payment. The terms serve as the basis of the performance obligations that the Company must fulfill in order to recognize revenue. The key performance obligation is the delivery of the finished product to the customer at customer’s truck at the Company’s inventory warehouse or their specified location at which point title to that asset passes to the customer. The completion of this earning process is evidenced by a written customer acceptance indicating receipt of the product. Typical payment terms set forth in the purchase order ranges from 30 to 90 days from invoice date. The transaction price does not include variable consideration related to returns or refunds as our contracts do not include provisions that allow for sales refunds or returns of products b. Revenue from provision of supply chain management solution The Company provides supply chain management solutions to its customers by designing packaging products, designating approved raw materials for manufacturing of those packaging products, contracting viable manufacturers, and arranging delivery of those packaging products to end customers. The Company typically receives purchase orders from its customers which will set forth the terms and conditions including the transaction price, products to be delivered, terms of delivery, and terms of payment. The terms serve as the basis of the performance obligations that the Company must fulfill in order to recognize revenue. The key performance obligation is identified as a single performance obligation where delivery of the finished product to the customer at the location specified by the customer indicates that the Company has completed all steps set forth above such as design, manufacture and delivery in order to substantially complete all the services agreed upon in the purchase order. Delivery of the product to the customer is also the point at which title to that asset passes to the customer. The completion of this earning process is typically evidenced by a written customer acceptance indicating receipt of the product. Typical payment terms set forth in the purchase order ranges from 30 to 90 days from invoice date. The transaction price does not include variable consideration related to returns or refunds as our contracts do not include provisions that allow for sales refunds or returns of products. Following the adoption of ASC 606, we considered the guidance set forth in ASC 340-40, and determined that an asset would be recognized from costs incurred to fulfill a contract under ASC 340-40-25-5 only if those costs meet all of the following criteria: ● The costs relate directly to a contract or an anticipated contract that the entity can specifically identify (for example, costs relating to services to be provided under the renewal of an existing contract or costs of designing an asset to be transferred under a specific contract that has not yet been approved). ● The costs generate or enhance resources of the entity that will be used in satisfying (or continuing to satisfy) performance obligations in the future. ● The costs are expected to be recovered. The Company elected to apply the practical expedient to recognize the incremental costs of obtaining a contract as an expense if the amortization period of the asset would have been one year or less. The Company has elected to apply the practical expedient in paragraph ASC 606-10-50-14 and does not disclose information about remaining performance obligations that have original expected durations of one year or less. The Company elected a practical expedient that it does not adjust the promised amount of consideration for the effects of a significant financing component if the Company expects that, upon the inception of revenue contracts, the period between when the Company transfers its promised services or deliverables to its clients and when the clients pay for those services or deliverables will be one year or less. Costs that relate directly to a contract include direct material, labor cost, subcontracting fee and allocated overhead including utilities, depreciation, and other overhead costs. We elected to treat shipping and handling costs undertaken by the Company after the customer has obtained control of the related goods as a fulfilment activity and has been presented as transportation costs which is include in selling and marketing expenses.
Cost of revenues	Cost of revenues a. Cost of sales of paper products Cost of sales of paper products, which are directly related to revenue generating transactions, primarily consists of raw paper cost, labour cost and allocated overhead. b. Cost of provision of supply chain management solution Cost of provision of supply chain management solution, which are directly related to revenue generating transactions, primarily consists of cost of purchase of finished goods and shipping costs.
Other income	Other income Interest income is mainly generated from savings and time deposits and is recognized on an accrual basis using the effective interest method.
Selling and marketing expenses	Selling and marketing expenses Selling and marketing expenses consist primarily of staff costs and employee benefits of sales team, consultancy fee for market research and product development, advertising expenses and transportation and handling expenses.
General and administrative expenses	General and administrative expenses General and administrative expenses consist primarily of personnel-related compensation expenses, including salaries and related social insurance costs for our operations and support personnel, office rental and property management fees, professional services fees, depreciation, travelling expenses, office supplies, utilities, research and development costs, communication and expenses related to general operations.
Income Taxes	Income Taxes The Company accounts for income taxes pursuant to ASC Topic 740, Income Taxes. Income taxes are provided on an asset and liability approach for financial accounting and reporting of income taxes. Any tax paid by subsidiaries during the year is recorded. Current tax is based on the profit or loss from ordinary activities adjusted for items that are non-assessable or disallowable for income tax purpose and is calculated using tax rates that have been enacted or substantively enacted at the balance sheet date. ASC Topic 740 also requires the recognition of deferred tax assets and liabilities for both the expected impact of differences between the financial statements and the tax basis of assets and liabilities, and for the expected future tax benefit to be derived from tax losses and tax credit carry-forwards. ASC Topic 740 additionally requires the establishment of a valuation allowance to reflect the likelihood of realization of deferred tax assets. Realization of deferred tax assets, including those related to the U.S. net operating loss carry-forwards, are dependent upon future earnings, if any, of which the timing and amount are uncertain. The Company adopted ASC Topic 740-10-05, Income Tax The Company’s policy on classification of all interest and penalties related to unrecognized income tax positions, if any, is to present them as a component of income tax expense.
Value Added Tax	Value Added Tax Revenue represents the invoiced value of service, net of VAT. The VAT is based on gross sales price and VAT rates range up to 13%, depending on the type of service provided. Entities that are VAT general taxpayers are allowed to offset qualified input VAT paid to suppliers against their output VAT liabilities. Net VAT balance between input VAT and output VAT is recorded in tax payable. All of the VAT returns filed by our subsidiaries in the PRC have been and remain subject to examination by the tax authorities for five years from the date of filing.
Comprehensive Income (Loss)	Comprehensive Income (Loss) The Company presents comprehensive income (loss) in accordance with ASC Topic 220, Comprehensive Income
Segment reporting	Segment reporting The Company follows ASC 280, Segment Reporting. The Company’s Chief Executive Officer as the chief operating decision-maker reviews the consolidated financial results when making decisions about allocating resources and assessing the performance of the Company as a whole and has determined that the Company has only one reportable segment. The Company operates and manages its business as a single segment. Please refer to Note 17 to the consolidated financial statement for the Company’s revenue from customers by geographical areas based on the location of the customers.
Earnings Per Share	Earnings Per Share The Group computes earnings per share (“EPS”) in accordance with ASC 260, “Earnings per Share”. ASC 260 requires companies to present basic and diluted EPS. Basic EPS is measured as net income divided by the weighted average common share outstanding for the period. Diluted EPS presents the dilutive effect on a per-share basis of the potential ordinary shares (e.g., convertible securities, options and warrants) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential ordinary shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS. During the years ended June 30, 2023, 2022 and 2021, there were no dilution impact.
Commitments and contingencies	Commitments and contingencies In the normal course of business, we are subject to contingencies, including legal proceedings and claims arising out of the business that relate to a wide range of matters, such as government investigations and tax matters. We recognize a liability for such contingency if it determines it is probable that a loss has occurred, and a reasonable estimate of the loss can be made. We may consider many factors in making these assessments including historical and the specific facts and circumstances of each matter.
Recent accounting pronouncements	Recent accounting pronouncements In May 2019, the FASB issued ASU 2019-05, which is an update to ASU Update No. 2016-13, Financial Instruments Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments The amendments in this Update address those stakeholders’ concerns by providing an option to irrevocably elect the fair value option for certain financial assets previously measured at amortized cost basis. For those entities, the targeted transition relief will increase comparability of financial statement information by providing an option to align measurement methodologies for similar financial assets. Furthermore, the targeted transition relief also may reduce the costs for some entities to comply with the amendments in Update 2016-13 while still providing financial statement users with decision-useful information. In November 2019, the FASB issued ASU No. 2019-10, which to update the effective date of ASU No. 2016-02 for private companies, not-for-profit organizations and certain smaller reporting companies applying for credit losses, leases, and hedging standard. The new effective date for these preparers is for fiscal years beginning after December 15, 2022. The Company has not early adopted this update and it will become effective on January 1, 2023. The Company is still evaluating the impact of accounting standard of credit losses on the consolidated financial statements and related disclosures. In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes In January 2021, the FASB issued ASU No. 2021-01, Reference Rate Reform (Topic 848). ASU No. 2021-01 is an update of ASU No. 2020-04, which is in response to concerns about structural risks of interbank offered rates, and particularly the risk of cessation of LIBOR. Regulators have undertaken reference rate reform initiatives to identify alternative reference rates that are more observable or transaction based and less susceptible to manipulation. ASU No. 2020-04 provides optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting. ASU No. 2020-04 is elective and applies to all entities, subject to meeting certain criteria, that have contracts, hedging relationships, and other transactions that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform. The ASU No. 2021-01 update clarifies that certain optional expedients and exceptions in Topic 848 for contract modifications and hedge accounting apply to derivatives that are affected by the discounting transition. The amendments in this update are effective immediately through December 31, 2022, for all entities. On December 21, 2022, the FASB issued a new Accounting Standards Update ASU No. 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848, that extends the sunset (or expiration) date of ASC Topic 848 to December 31, 2024. This gives reporting entities two additional years to apply the accounting relief provided under ASC Topic 848 for matters related to reference rate reform. The Company does not expect the cessation of LIBOR to have a material impact on the Company’s consolidated financial statements and related disclosures. In October 2021, the FASB issued ASU 2021-10, “ Codification Improvements to Subtopic 205-10, presentation of financial statements Except as mentioned above, the Company does not believe other recently issued but not yet effective accounting standards, if currently adopted, would have a material effect on the Company’s consolidated balance sheets, statements of operations and comprehensive loss and statements of cash flows.

Organization and Business Bac_2

Organization and Business Background (Tables)	12 Months Ended
	Jun. 30, 2023
Organization and Business Background [Abstract]
Schedule of Subsidiaries	As of June 30, 2023, the Company’s subsidiaries are detailed in the table as follows: Date of Place of Percentage of Name or Establishment or Establishment (directly/indirectly) Principal Activities Subsidiary: Millennium Investment International Limited September 13, 2019 HK 100 % Investment holding Millennium Printing (Shenzhen) Co., Ltd December 3, 2007 The PRC 100 % Investment holding and Manufacturing of paper-based packaging Yee Woo Paper Industry (Shenzhen) Co., Ltd. August 21, 2001 The PRC 100 % Manufacturing of paper-based packaging Putian Xiqi Branding Strategy Co., Ltd September 30, 2017 The PRC 100 % Trading of paper-based packaging Millennium Packaging Technology (Huizhou) Co., Ltd. March 6, 2020 The PRC 100 % Dormant Millennium (Huizhou) Technology Co., Ltd. January 19, 2020 The PRC 100 % Property holding Huizhou Yimeinuo Industry Co., Ltd. April 7, 2017 The PRC 100 % Property holding Millennium Strategic International Limited November 13, 2019 HK 100 % Investment holding Wah Tong Investment International Limited October 18, 2019 HK 100 % Dormant Yee Woo Paper Investment International Limited November 15, 2019 HK 100 % Dormant Millennium Printing International Limited May 12, 2000 HK 100 % Trading of paper based packaging Millennium Packaging Group International Limited August 13, 2003 HK 100 % Investment holding and trading Yee Woo Paper Packaging (HK) Company Limited December 13, 2018 HK 100 % Trading of paper-based packaging MPG Global Company Limited March 9, 2018 Vietnam 100 % Trading of paper-based packaging Millennium Group Investment (BVI) Limited May 20. 2021 BVI 100 % Investment holding Millennium Holdings International Limited September 23, 2019 HK 100 % Investment holding Yee Woo Vietnam Paper Products Company Limited August 3, 2022 Vietnam 100 % Dormant

Significant Accounting Polici_2

Significant Accounting Policies (Tables)	12 Months Ended
	Jun. 30, 2023
Significant Accounting Policies [Abstract]
Schedule of Translation of Amounts	Translation of amounts from HK$ into US$ has been made at the following exchange rates: Balance sheet items, except for equity accounts: June 30, 2022 HK$7.85 to US$1 June 30, 2023 HK$7.84 to US$1 Statement of operations and cash flow items: June 30, 2021 HK$7.76 to US$1 June 30, 2022 HK$7.80 to US$1 June 30, 2023 HK$7.84 to US$1 Balance sheet items, except for equity accounts: June 30, 2022 RMB6.70 to US$1 June 30, 2023 RMB7.26 to US$1 Statement of operations and cash flow items: June 30, 2021 RMB 6.62 to US$1 June 30, 2022 RMB 6.45 to US$1 June 30, 2023 RMB 6.95 to US$1 Translation of amounts from VND into US$ has been made at the following exchange rates: Balance sheet items, except for equity accounts: June 30, 2022 VND23,263 to US$1 June 30, 2023 VND23,583 to US$1 Statement of operations and cash flow items: June 30, 2021 VND23,068 to US$1 June 30, 2022 VND22,860 to US$1 June 30, 2023 VND23,706 to US$1
Schedule of Depreciates Property, Plant, and Equipment Using The Straight-Line Method	The Company depreciates property, plant, and equipment using the straight-line method as follows: Buildings 20 years to 50 years Leasehold improvements 5 years Plant and machinery 5 years to 20 years Motor Vehicles 5 years to 10 years Office equipment 5 years to 10 years

Cash and Cash Equivalents (Tabl

Cash and Cash Equivalents (Tables)	12 Months Ended
	Jun. 30, 2023
Cash and Cash Equivalents [Abstract]
Schedule of Cash and Cash Equivalents on its Original currencies	Cash and cash equivalents on its original currencies were shown below: As of June 30, 2023 2022 $ $ HKD 7,610,774 6,437,550 RMB 7,156,490 6,960,332 USD 12,723,146 5,253,021 VND 86,212 198,146 Total 27,576,622 18,849,049

Accounts Receivable, Net (Table

Accounts Receivable, Net (Tables)	12 Months Ended
	Jun. 30, 2023
Schedule of Accounts Receivable [Abstract]
Schedule of Accounts Receivable	Accounts receivable, net comprised the following: As of June 30, 2023 2022 $ $ Accounts receivable 10,383,716 18,256,420 Allowance for doubtful accounts (70,345 ) (186,909 ) Total 10,313,371 18,069,511
Schedule of Allowance for Doubtful Accounts	Allowance for doubtful accounts, net consists of the following: As of June 30, 2023 2022 $ $ Beginning balance 186,909 228,413 Reversals (116,846 ) (509 ) Write-offs (3,653 ) (36,333 ) Foreign currency exchange effect 3,935 (4,662 ) Ending balance 70,345 186,909
Schedule of Ageing Analysis	As of the end of each of the financial year, the ageing analysis of accounts receivable, net of allowance for doubtful accounts, based on the invoice date is as follows: As of June 30, 2023 2022 $ $ Within 90 days 9,821,889 16,375,095 Between 91 and 180 days 491,063 1,631,296 Between 181 and 365 days 419 63,120 10,313,371 18,069,511

Prepayments, Other Receivable_2

Prepayments, Other Receivables and Other Current Assets (Tables)	12 Months Ended
	Jun. 30, 2023
Prepayments, Other Receivables and Other Current Assets [Abstract]
Schedule of Prepayments, Other Receivables and Other Current Assets	Prepayments , As of June 30, 2023 2022 $ $ Prepayments 552,458 843,249 Deposits 238,481 47,057 Other receivables 48,615 37,681 VAT receivables 162,140 - 1,001,694 927,987

Inventories, Net (Tables)

Inventories, Net (Tables)	12 Months Ended
	Jun. 30, 2023
Inventory Disclosure [Abstract]
Schedule of Components of Inventories	The components of inventories were as follows: As of June 30, 2023 2022 $ $ Raw materials 4,167,531 7,447,022 Work in progress 518,352 976,246 Finished goods 1,606,296 2,052,148 Total inventories, gross 6,292,179 10,475,416 Inventories impairment (732,897 ) (655,783 ) Total inventories, net 5,559,282 9,819,633
Schedule of Inventories Impairment Consists	Inventories impairment consists of the following: As of June 30, 2023 2022 $ $ Beginning balance (655,783 ) (613,831 ) Addition (133,218 ) (71,143 ) Write-offs - (4,470 ) Foreign currency exchange effect 56,104 33,661 Ending balance (732,897 ) (655,783 )

Property, Plant and Equipment_2

Property, Plant and Equipment, Net (Tables)	12 Months Ended
	Jun. 30, 2023
Property, Plant and Equipment, Net [Abstract]
Schedule of Property, Plant and Equipment, Net	As of June 30, 2023, and 2022, property, plant and equipment, net consisted of the following: As of June 30, 2023 2022 $ $ Buildings 7,159,632 7,150,233 Leasehold improvements 3,277,579 3,322,323 Plant and machinery 15,780,713 17,165,746 Motor vehicles 528,093 579,016 Office equipment 1,800,073 1,869,634 Totals 28,546,090 30,086,952 Less: accumulated depreciation (19,518,475 ) (19,273,752 ) Property, plant and equipment, net 9,027,615 10,813,200

Leases (Tables)

Leases (Tables)	12 Months Ended
	Jun. 30, 2023
Leases [Abstract]
Schedule of Supplemental Balance Sheet Information	Supplemental balance sheet information related to leases was as follows: As of June 30, 2023 2022 $ $ Operating lease: Operating lease right-of-use assets 3,076,855 4,076,816 Current operating lease obligation 157,489 772,534 Non-current operating lease obligation 37,992 146,927 Total operating lease obligation 195,481 919,461
Schedule of Contractual Maturities of the Group’s Operating Lease Liabilities	The following table shows the remaining contractual maturities of the Group’s operating lease liabilities as of June 30, 2023: As of $ Year ending June 30, 2024 160,979 Year ending June 30, 2025 26,038 Year ending June 30, 2026 13,397 Total undiscounted lease obligations 200,414 Less: imputed interest (4,933 ) Lease liabilities recognized in the consolidated balance sheet 195,481

Bank Borrowings (Tables)

Bank Borrowings (Tables)	12 Months Ended
	Jun. 30, 2023
Bank Borrowings [Abstract]
Schedule of Outstanding Balances of Banks Borrowings	Outstanding balances of banks borrowings as of June 30, 2023 and 2022 consisted of the following: As of June 30, 2023 2022 Bank borrowings: Guaranteed 10,300,386 7,899,914 Collateralized and guaranteed 3,105,430 7,913,108 13,405,816 15,813,022
Schedule of Bank Borrowings	The details of bank borrowings as at June 30, 2023 and 2022 are as follows: Maturity Weighted- Lender Type date Currency 2023 2022 2023 2022 DBS Bank Hong Kong Limited Bank borrowing November 2027 HKD 3.8 % 2.8 % 3,515,952 2,250,626 Bank of China (Hong Kong) Limited Bank borrowing June 2027 HKD 6.4 % 2.5 % 6,393,244 8,403,810 Hang Sang Bank Limited Bank borrowing August 2023 HKD 6.3 % 3.8 % 3,496,620 4,139,016 Industrial and Commercial Bank of China (Asia) Limited Bank borrowing July 2022 HKD - 2.2 % - 1,019,570 Total bank borrowings 13,405,816 15,813,022
Schedule of Loan type in Terms of Currency	Carrying value Within 1 year or on demand 2025 2026 2027 Thereafter $ $ $ $ $ $ Loan type in terms of currency June 30, 2023 13,405,816 13,405,816 - - - - 13,405,816 13,405,816 - - - - Carrying value Within 1 year or on demand 2025 2026 2027 Thereafter $ $ $ $ $ $ Loan type in terms of currency June 30, 2022 15,813,022 15,813,022 - - - - 15,813,022 15,813,022 - - - -

Related Party Balance and Tra_2

Related Party Balance and Transactions (Tables)	12 Months Ended
	Jun. 30, 2023
Related Party Balance and Transactions [Abstract]
Schedule of Significant Related Party Transactions	The following represents the significant related party transactions for the years ended June 30, 2023, 2022 and 2021. For the year ended June 30, For the For the 2023 2022 2021 Relationship Nature Description US$ US$ US$ M-GEN Innovation Company Limited (hereafter “MGI”) Common controlled by the shareholders Trade nature The Company’s sales - 26,095 141,507 Trade nature The Company’s receipt of sales - (152,869 ) (18,732 ) Non-trade nature The Company’s advance paid to M-GEN Innovation Company Limited (Note 1(a)) - - 570,609 Non-trade nature The Company’s receipt of advance repaid from M-GEN Innovation Company Limited (Note 1(a)) - (926,047 ) (161,592 ) Wah Tong Paper Products Group Limited (hereafter “WTPPG”) Common controlled by the shareholders Trade nature Management fee incurred by the Company - - (501,515 ) Trade nature The Company’s payment on management fee - - 541,553 Non-trade nature The Company’s (repayment from)/advance paid to Wah Tong Paper Products Group Limited (Note 1 (b)) - (515,132 ) 515,132 Wah Tong Paper Products Factory Limited (hereafter “WTPPF”) Common controlled by the shareholders Trade nature Rental expenses incurred by the Company - - (211,574 ) Trade nature The Company’s payment on rental expenses - - 211,574 Non-trade nature Decrease of an amount due from Wah Tong Paper Products Factory Limited as a result of separation of YWPPC (Note 2) - - (2,058,539 ) Non-trade nature The Company’s repayment from Wah Tong Paper Products Factory Limited - (1,080,604 ) - Non-trade nature The Company’s repayment to/(advance from) Wah Tong Paper Products Factory Limited (Note 1 (c)) - 89,145 (89,145 ) Wah Tung Thai Logistics (Shenzhen) Limited (hereafter “WTTLSZ”) Common controlled by the shareholders Trade nature Logistic fee incurred by the Company - (6,109 ) (69,931 ) Trade nature The Company’s payment on the logistic fee - 6,109 77,571 Trade nature Rental income earned by the Company - - 35,599 Trade nature The Company’s receipt of rental income - - (35,599 ) Trade nature The Company’s receipt of sales - (15,998 ) - Non-trade nature The Company’s receipt of advance repaid from by Wah Tung Thai Logistics (Shenzhen) Limited (Note 1(d)) - - (320,029 ) Non-trade nature The Company’s repayment to Wah Tung Thai Logistics (Shenzhen) Limited (Note 1 (d)) - 5,544 - Sing Wise Limited (hereafter “Sing Wise”) Common controlled by the shareholders Trade nature Import service incurred by the Company - - (1,586 ) Trade nature The Company’s payment to import service - - 1,869 Trade nature The Company’s sales - - 18,679 Trade nature The Company’s receipt of sales - (7,072 ) (14,411 ) Non-trade nature The Company’s repayment to Sing Wise Limited - 4,921 - Non-trade nature Decrease of an amount due from Sing Wise Limited as a result of separation of YWPPC (Note 3) - - (380,188 ) Wah Tung Thai Logistics Company Limited (hereafter “WTTL”) Common controlled by the shareholders Trade nature Transportation expenses incurred by the Company - (10,365 ) (105,464 ) Trade nature The Company’s payment to Transportation expenses - 14,507 112,106 Trade nature The Company’s sales - - 57,283 Trade nature The Company’s receipt of sales - - (50,168 ) Kunshan Chuangke Printing Products Co., Ltd Common controlled by the shareholders Trade nature The Company’s payment on purchase - 2,161,721 - Yee Woo Paper Packaging (China) Company Limited (hereafter “YWPPC”) Common controlled by the shareholders Trade nature Rental expenses incurred by the Company (707,311 ) (528,986 ) (396,215 ) Trade nature The Company’s payment on the rental expenses 707,311 865,767 59,434 Non-trade nature Increase of an amount due to Yee Woo Paper Packaging (China) Company Limited as a result of separation of YWPPC (Note 4) - - (2,062,599 ) Non-trade nature The Company’s repayment to Yee Woo Paper Packaging (China) Company Limited (Note 4) - 2,062,599 - Kilomate Enterprises Limited (hereafter “Kilomate”) Common controlled by the shareholders Non-trade nature Decrease of an amount due to Kilomate Enterprises Limited (Note 5) - - 236,206 Millennium Investment International (BVI) Limited Common controlled by the shareholders Non-trade nature Decrease of an amount due to Millennium Investment International (BVI) Limited (Note 6) - - 1,580,168 Lai Por Controlling shareholder Non-trade nature Company’s acquisition of Yee Woo Paper Industry (Shenzhen) Co., Ltd. and Millennium Printing International Limited (Note 7) - - (1,674,429 ) Non-trade nature Decrease of an amount due to shareholder (Note 8) - - 1,883,003 Non-trade nature The Company’s net repayment to shareholders (Note 1(e)) - 115,566 985,451 Non-trade nature Increase in dividend payable to the Controlling Shareholders (Note 9) - (1,162,197 ) - Non-trade nature Dividend waived and capitalized as additional paid in capital (Note 9) - 1,162,197 - Non-trade nature Amount due to shareholders was waived and capitalized as additional paid in capital (Note 10) - 1,102,427 - Lai Yau Shing Controlling shareholder Non-trade nature Company’s acquisition of Yee Woo Paper Industry (Shenzhen) Co., Ltd. and Millennium Printing International Limited (Note 7) - - (1,674,429 ) Non-trade nature Decrease of an amount due to shareholder (Note 8) - - 1,883,003 Non-trade nature The Company’s net repayment to shareholders (Note 1(e)) - 115,566 985,451 Non-trade nature Increase in dividend payable to the Controlling Shareholders (Note 9) - (1,162,197 ) - Non-trade nature Dividend waived and capitalized as additional paid in capital (Note 9) - 1,162,197 - Non-trade nature Amount due to shareholders was waived and capitalized as additional paid in capital (Note 10) - 1,102,427 - Lai Yau Chuen Controlling shareholder Non-trade nature Company’s acquisition of Yee Woo Paper Industry (Shenzhen) Co., Ltd. And Millennium Printing International Limited (Note 7) - - (1,674,429 ) Non-trade nature Decrease of an amount due to shareholder (Note 8) - - 1,883,003 Non-trade nature The Company’s net repayment to shareholders (Note 1(e)) - 115,566 985,451 Non-trade nature Increase in dividend payable to the Controlling Shareholders (Note 9) - (1,162,197 ) - Non-trade nature Dividend waived and capitalized as additional paid in capital (Note 9) - 1,162,197 - Non-trade nature Amount due to shareholders was waived and capitalized as additional paid in capital (Note 10) - 1,102,427 - Lai Yau Sang Controlling shareholder Non-trade nature Company’s acquisition of Yee Woo Paper Industry (Shenzhen) Co., Ltd. and Millennium Printing International Limited (Note 7) - - (1,674,429 ) Non-trade nature Decrease of an amount due to shareholder (Note 8) - - 1,883,003 Non-trade nature The Company’s net repayment to shareholders (Note 1(e)) - 115,566 985,451 Non-trade nature Increase in dividend payable to the Controlling Shareholders (Note 9) - (1,162,197 ) - Non-trade nature Dividend waived and capitalized as additional paid in capital (Note 9) - 1,162,197 - Non-trade nature Amount due to shareholders was waived and capitalized as additional paid in capital (Note 10) - 1,102,427 - Lai Yau Fai Controlling shareholder Non-trade nature Company’s acquisition of Yee Woo Paper Industry (Shenzhen) Co., Ltd. And Millennium Printing International Limited (Note 7) - - (1,674,429 ) Non-trade nature Decrease of an amount due to shareholder (Note 8) - - 1,883,003 Non-trade nature The Company’s net repayment to shareholders (Note 1(e)) - 115,566 985,451 Non-trade nature Increase in dividend payable to the Controlling Shareholders (Note 9) - (1,162,197 ) - Non-trade nature Dividend waived and capitalized as additional paid in capital (Note 9) - 1,162,197 - Non-trade nature Amount due to shareholders was waived and capitalized as additional paid in capital (Note 10) - 1,102,427 - Lai Yau Chi Controlling shareholder Non-trade nature Company’s acquisition of Yee Woo Paper Industry (Shenzhen) Co., Ltd. And Millennium Printing International Limited (Note 7) - - (1,674,429 ) Non-trade nature Decrease of an amount due to shareholder (Note 8) - - 1,883,003 Non-trade nature The Company’s net repayment to shareholders (Note 1(e)) - 115,566 985,451 Non-trade nature Increase in dividend payable to the Controlling Shareholders (Note 9) - (1,162,197 ) - Non-trade nature Dividend waived and capitalized as additional paid in capital (Note 9) - 1,162,197 - Non-trade nature Amount due to shareholders was waived and capitalized as additional paid in capital (Note 10) - 1,102,427 - (a) The amounts represented the advance to MGI to meet its working capital needs and payment on behalf of MGI for the purchase of raw materials. The receipt of advance repaid represented the repayment from MGI. (b) The amount represented the advance to WTPPG to meet its working capital needs. The receipt of advance repaid represented the repayment from WTPPG. (c) The advance receipt represented the advance from WTPPF to meet our working capital needs. The repayment represented the repayment to WTPPF. (d) The amount represented the advance to WTTLSZ to meet its working capital needs. The receipt of advance repaid represented the repayment from WTTLSZ. (e) The amount represented the net repayment to shareholders regarding the advances for the working capital of the group in prior years. (f) The related party balances between YWPPC and WTPPF was arisen from advancement to WTPPF by YWPPC to meet its working capital needs. Please also see Note 2 for more details. (g) The related party balances between YWPPC and Sing Wise was arisen from advancement to Sing Wise by YWPPC to meet its working capital needs. Please also see Note 3 for more details. (h) The related party balances between YWPPC and MGIH Group companies was arisen from advancement to MGIH Group companies by YWPPC to meet their working capital needs. Please also see Note 4 for more details. (i) The related party balances between MII and MGIH Group companies was arisen from advancement to MGIH Group companies by MII to meet their working capital needs. Please also see Note 6 for more details. * The movement as mentioned in notes 1(a) to (e) above was already included in statements of cash flows.

Other Payables and Accrued Li_2

Other Payables and Accrued Liabilities (Tables)	12 Months Ended
	Jun. 30, 2023
Other Payables and Accrued Liabilities [Abstract]
Schedule of Other Payables and Accrued Liabilities	Other payables and accrued liabilities consist of the following: As of June 30, 2023 2022 Contract liabilities 117,128 74,233 Salaries payables 849,386 923,461 Other payables 434,017 541,635 Other accruals 704,497 1,629,960 Totals 2,105,028 3,169,289

Selling and Marketing Expenses

Selling and Marketing Expenses (Tables)	12 Months Ended
	Jun. 30, 2023
Selling And Marketing Expenses Abstract
Schedule of Selling and Marketing Expenses	Year ended June 30, 2023 2022 2021 $ $ $ Staff costs and employee benefits 964,698 938,048 928,737 Consultancy fee 1,888,128 2,424,088 2,590,069 Transportation and handling 1,468,035 2,074,255 2,085,652 Advertisement expenses 18,361 3,154 - Depreciation and amortization 3,227 3,530 4,275 Others 533,201 370,232 661,504 Total 4,875,650 5,813,307 6,270,237

General and Administrative Ex_2

General and Administrative Expenses (Tables)	12 Months Ended
	Jun. 30, 2023
General and Administrative Expenses [Abstract]
Schedule of General and Administrative Expenses	Year ended June 30, 2023 2022 2021 $ $ $ Staff costs and employee benefits 3,356,644 3,333,846 3,579,013 Depreciation and amortization 263,576 344,251 379,152 Research and development 241,241 305,003 390,428 Office and utilities 198,135 234,800 222,117 Others 1,211,370 704,175 1,412,177 Total 5,270,966 4,922,075 5,982,887

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jun. 30, 2023
Income Tax Disclosure [Abstract]
Schedule of Provisions for Income Taxes	Significant components of the provisions for income taxes for the years ended June, 2023, 2022 and 2021 were as follows: Year Ended June 30, 2023 2022 2021 $ $ $ Provision for Income Taxes Current Tax Provision Hong Kong 125,802 226,148 209,826 Current Tax Provision PRC - 694,661 598,127 Over Provision of PRC Income Tax in prior year (217,999 ) - - Deferred Tax Provision PRC 14,895 (23,652 ) (7,869 ) Total Provision for Income Taxes (77,302 ) 897,157 800,084
Schedule of Effective Tax Rate	The following table reconciles PRC statutory rates to our effective tax rate: Year Ended June 30, 2023 2022 2021 $ $ $ PRC Statutory rate 25 % 25 % 25 % Effect of different tax jurisdiction (7 )% (7 )% (7 )% Overprovision of PRC income tax in prior year (50 )% - - Tax losses not recognized 14 % - - Effective income tax rate (18 )% 18 % 18 %
Schedule of Deferred Tax	Management reviews this valuation allowance periodically and will make adjustments as warranted. A summary of the otherwise deductible (or taxable) deferred tax items is as follows: June 30, June 30, 2023 2022 $ $ Deferred tax assets Depreciation expense of property, plant and equipment - 120,437 Miscellaneous 29,899 54,323 Allowance for doubtful accounts 20,145 27,931 Allowance for inventories 119,038 110,624 Tax loss 228,130 - 397,212 313,315 Less: valuation allowance - - Total deferred tax assets 397,212 313,315

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
	Jun. 30, 2023
Segment Reporting [Abstract]
Schedule of Revenue by Major Merchandise or Services Categories	The following table presents revenue by major merchandise or services categories for the years ended June 30, 2023, 2022 and 2021, respectively: Year Ended June 30, 2023 2022 2021 Packaging products 23,065,859 36,256,189 35,970,085 Corrugated products 16,977,098 23,986,957 23,694,875 Packaging products supply chain management solutions 5,555,663 5,989,611 4,900,309 45,598,620 66,232,757 64,565,269
Schedule of the Revenue in Term of Geographical Locations of Customers	In the following table, the Company additionally provided the revenue in term of geographical locations of customers. Year Ended June 30, 2023 Packaging products Corrugated products Packaging products supply chain management solutions Total Geographical location: Mainland China 19,677,726 13,481,344 107,244 33,266,314 Hong Kong SAR 797,390 1,327,396 1,160,720 3,285,506 Vietnam 1,802,700 5,322 1,322,317 3,130,339 Other Southeast Asian countries* 516,753 861,594 1,986,331 3,364,678 Australia 812 1,167,379 - 1,168,191 United States of America 12,214 47,688 788,887 848,789 Other countries 258,264 86,375 190,164 534,803 23,065,859 16,977,098 5,555,663 45,598,620 Year Ended June 30, 2022 Packaging products Corrugated products Packaging products supply chain management solutions Total Geographical location: Mainland China 31,459,882 20,947,090 257,857 52,664,829 Hong Kong SAR 1,374,684 1,696,811 897,656 3,969,151 Vietnam 1,129,772 - 1,559,921 2,689,693 Other Southeast Asian countries* 699,621 - 2,280,800 2,980,421 Australia 1,123 1,342,230 - 1,343,353 United States of America 437,395 - 795,294 1,232,689 Other countries 1,153,712 826 198,083 1,352,621 36,256,189 23,986,957 5,989,611 66,232,757 Year Ended June 30, 2021 Packaging products Corrugated products Packaging products supply chain management solutions Total Geographical location: Mainland China 31,775,461 19,132,295 226,531 51,134,287 Hong Kong SAR 1,429,535 2,083,941 716,690 4,230,166 Vietnam 1,283,778 194,046 1,419,645 2,897,469 Other Southeast Asian countries* 412,523 1,008,547 1,772,148 3,193,218 Australia 13,476 1,159,061 - 1,172,537 United States of America 282,869 37,911 520,442 841,222 Other countries 772,443 79,074 244,853 1,096,370 35,970,085 23,694,875 4,900,309 64,565,269 * Other Southeast Asian countries include Singapore, Indonesia, Malaysia, Philippines and Myanmar.

Organization and Business Bac_3

Organization and Business Background (Details) - IPO [Member] - USD ($)		12 Months Ended
	Apr. 04, 2023	Jun. 30, 2023
Organization and Business Background (Details) [Line Items]
Offering price per share	$ 4
Gross proceeds	$ 5,000,000
Net proceeds		$ 4,200,000
Percentage of ordinary share		15%
Common Stock [Member]
Organization and Business Background (Details) [Line Items]
Number of ordinary shares	1,250,000
Offering price per share	$ 0.002

Organization and Business Bac_4

Organization and Business Background (Details) - Schedule of Subsidiaries - Subsidiary [Member]	12 Months Ended
	Jun. 30, 2023
Millennium Investment International Limited [Member]
Organization and Business Background (Details) - Schedule of Subsidiaries [Line Items]
Date of Incorporation or Establishment	Sep. 13, 2019
Place of Incorporation or Establishment	HK
Percentage of Ownership (directly/indirectly)	100%
Principal Activities	Investment holding
Millennium Printing (Shenzhen) Co., Ltd [Member]
Organization and Business Background (Details) - Schedule of Subsidiaries [Line Items]
Date of Incorporation or Establishment	Dec. 03, 2007
Place of Incorporation or Establishment	The PRC
Percentage of Ownership (directly/indirectly)	100%
Principal Activities	Investment holding and Manufacturing of paper-based packaging
Yee Woo Paper Industry (Shenzhen) Co., Ltd. [Member]
Organization and Business Background (Details) - Schedule of Subsidiaries [Line Items]
Date of Incorporation or Establishment	Aug. 21, 2001
Place of Incorporation or Establishment	The PRC
Percentage of Ownership (directly/indirectly)	100%
Principal Activities	Manufacturing of paper-based packaging
Putian Xiqi Branding Strategy Co., Ltd [Member]
Organization and Business Background (Details) - Schedule of Subsidiaries [Line Items]
Date of Incorporation or Establishment	Sep. 30, 2017
Place of Incorporation or Establishment	The PRC
Percentage of Ownership (directly/indirectly)	100%
Principal Activities	Trading of paper-based packaging
Millennium Packaging Technology (Huizhou) Co., Ltd.[Member]
Organization and Business Background (Details) - Schedule of Subsidiaries [Line Items]
Date of Incorporation or Establishment	Mar. 06, 2020
Place of Incorporation or Establishment	The PRC
Percentage of Ownership (directly/indirectly)	100%
Principal Activities	Dormant
Millennium (Huizhou) Technology Co., Ltd. [Member]
Organization and Business Background (Details) - Schedule of Subsidiaries [Line Items]
Date of Incorporation or Establishment	Jan. 19, 2020
Place of Incorporation or Establishment	The PRC
Percentage of Ownership (directly/indirectly)	100%
Principal Activities	Property holding
Huizhou Yimeinuo Industry Co., Ltd. [Member]
Organization and Business Background (Details) - Schedule of Subsidiaries [Line Items]
Date of Incorporation or Establishment	Apr. 07, 2017
Place of Incorporation or Establishment	The PRC
Percentage of Ownership (directly/indirectly)	100%
Principal Activities	Property holding
Millennium Strategic International Limited [Member]
Organization and Business Background (Details) - Schedule of Subsidiaries [Line Items]
Date of Incorporation or Establishment	Nov. 13, 2019
Place of Incorporation or Establishment	HK
Percentage of Ownership (directly/indirectly)	100%
Principal Activities	Investment holding
Wah Tong Investment International Limited []
Organization and Business Background (Details) - Schedule of Subsidiaries [Line Items]
Date of Incorporation or Establishment	Oct. 18, 2019
Place of Incorporation or Establishment	HK
Percentage of Ownership (directly/indirectly)	100%
Principal Activities	Dormant
Yee Woo Paper Investment International Limited [Member]
Organization and Business Background (Details) - Schedule of Subsidiaries [Line Items]
Date of Incorporation or Establishment	Nov. 15, 2019
Place of Incorporation or Establishment	HK
Percentage of Ownership (directly/indirectly)	100%
Principal Activities	Dormant
Millennium Printing International Limited [Member]
Organization and Business Background (Details) - Schedule of Subsidiaries [Line Items]
Date of Incorporation or Establishment	May 12, 2000
Place of Incorporation or Establishment	HK
Percentage of Ownership (directly/indirectly)	100%
Principal Activities	Trading of paper based packaging
Millennium Packaging Group International Limited [Member]
Organization and Business Background (Details) - Schedule of Subsidiaries [Line Items]
Date of Incorporation or Establishment	Aug. 13, 2003
Place of Incorporation or Establishment	HK
Percentage of Ownership (directly/indirectly)	100%
Principal Activities	Investment holding and trading
Yee Woo Paper Packaging (HK) Company Limited [Member]
Organization and Business Background (Details) - Schedule of Subsidiaries [Line Items]
Date of Incorporation or Establishment	Dec. 13, 2018
Place of Incorporation or Establishment	HK
Percentage of Ownership (directly/indirectly)	100%
Principal Activities	Trading of paper-based packaging
MPG Global Company Limited [Member]
Organization and Business Background (Details) - Schedule of Subsidiaries [Line Items]
Date of Incorporation or Establishment	Mar. 09, 2018
Place of Incorporation or Establishment	Vietnam
Percentage of Ownership (directly/indirectly)	100%
Principal Activities	Trading of paper-based packaging
Millennium Group Investment (BVI) Limited [Member]
Organization and Business Background (Details) - Schedule of Subsidiaries [Line Items]
Date of Incorporation or Establishment	May 20, 2021
Place of Incorporation or Establishment	BVI
Percentage of Ownership (directly/indirectly)	100%
Principal Activities	Investment holding
Millennium Holdings International Limited [Member]
Organization and Business Background (Details) - Schedule of Subsidiaries [Line Items]
Date of Incorporation or Establishment	Sep. 23, 2019
Place of Incorporation or Establishment	HK
Percentage of Ownership (directly/indirectly)	100%
Principal Activities	Investment holding
Yee Woo Vietnam Paper Products Company Limited [Member]
Organization and Business Background (Details) - Schedule of Subsidiaries [Line Items]
Date of Incorporation or Establishment	Aug. 03, 2022
Place of Incorporation or Establishment	Vietnam
Percentage of Ownership (directly/indirectly)	100%
Principal Activities	Dormant

Significant Accounting Polici_3

Significant Accounting Policies (Details)	12 Months Ended
	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Mar. 14, 2020 USD ($)	Mar. 14, 2020 VUV (VT)	Jul. 01, 2019 USD ($)
Significant Accounting Policies [Abstract]
Allowance for doubtful accounts	$ 70,345	$ 186,909	$ 228,413
Estimated useful life	5 years
Term lease	50 years
Land cost in Vietnam	$ 1,798,927	1,592,962
Capitalized listing fees
Right to use of a land	$ 3,076,855	4,076,816		$ 4,455,000	VT 102,476,000,000	$ 3,733,913
Net profit reserve fund percentage	10%
Registered capital percentage	50%
Contributions percentage	5%
Relevant income	$ 27,796
Mandatory provident fund	$ 1,205,697	$ 1,090,943	$ 1,056,894
Value added tax rate	13%
Reportable segment	1

Significant Accounting Polici_4

Significant Accounting Policies (Details) - Schedule of Translation of Amounts	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
HK [Member] | Balance sheet items, except for equity accounts [Member]
Balance sheet items, except for equity accounts:
Exchange rates	HK$7.84 to US$1	HK$7.85 to US$1
RMB [Member] | Balance sheet items, except for equity accounts [Member]
Balance sheet items, except for equity accounts:
Exchange rates	RMB7.26 to US$1	RMB6.70 to US$1
VND [Member] | Balance sheet items, except for equity accounts [Member]
Balance sheet items, except for equity accounts:
Exchange rates	VND23,583 to US$1	VND23,263 to US$1
Statement of operations and cash flow [Member] | HK [Member]
Balance sheet items, except for equity accounts:
Exchange rates	HK$7.84 to US$1	HK$7.80 to US$1	HK$7.76 to US$1
Statement of operations and cash flow [Member] | RMB [Member]
Balance sheet items, except for equity accounts:
Exchange rates	RMB 6.95 to US$1	RMB 6.45 to US$1	RMB 6.62 to US$1
Statement of operations and cash flow [Member] | VND [Member]
Balance sheet items, except for equity accounts:
Exchange rates	VND23,706 to US$1	VND22,860 to US$1	VND23,068 to US$1

Significant Accounting Polici_5

Significant Accounting Policies (Details) - Schedule of Depreciates Property, Plant, and Equipment Using The Straight-Line Method	Jun. 30, 2023
Building [Member] | Minimum [Member]
Public Utility, Property, Plant and Equipment [Line Items]
Property, plant, and equipment using the straight-line method	20 years
Building [Member] | Maximum [Member]
Public Utility, Property, Plant and Equipment [Line Items]
Property, plant, and equipment using the straight-line method	50 years
Leasehold Improvements [Member]
Public Utility, Property, Plant and Equipment [Line Items]
Property, plant, and equipment using the straight-line method	5 years
Plant and machinery [Member] | Minimum [Member]
Public Utility, Property, Plant and Equipment [Line Items]
Property, plant, and equipment using the straight-line method	5 years
Plant and machinery [Member] | Maximum [Member]
Public Utility, Property, Plant and Equipment [Line Items]
Property, plant, and equipment using the straight-line method	20 years
Motor Vehicles [Member] | Minimum [Member]
Public Utility, Property, Plant and Equipment [Line Items]
Property, plant, and equipment using the straight-line method	5 years
Motor Vehicles [Member] | Maximum [Member]
Public Utility, Property, Plant and Equipment [Line Items]
Property, plant, and equipment using the straight-line method	10 years
Office Equipment [Member] | Minimum [Member]
Public Utility, Property, Plant and Equipment [Line Items]
Property, plant, and equipment using the straight-line method	5 years
Office Equipment [Member] | Maximum [Member]
Public Utility, Property, Plant and Equipment [Line Items]
Property, plant, and equipment using the straight-line method	10 years

Cash and Cash Equivalents (Deta

Cash and Cash Equivalents (Details) - Schedule of Cash and Cash Equivalents on its Original currencies - USD ($)	Jun. 30, 2023	Jun. 30, 2022
Cash and Cash Equivalents (Details) - Schedule of Cash and Cash Equivalents on its Original currencies [Line Items]
Cash and cash equivalents	$ 27,576,622	$ 18,849,049
HKD [Member]
Cash and Cash Equivalents (Details) - Schedule of Cash and Cash Equivalents on its Original currencies [Line Items]
Cash and cash equivalents	7,610,774	6,437,550
RMB [Member]
Cash and Cash Equivalents (Details) - Schedule of Cash and Cash Equivalents on its Original currencies [Line Items]
Cash and cash equivalents	7,156,490	6,960,332
USD [Member]
Cash and Cash Equivalents (Details) - Schedule of Cash and Cash Equivalents on its Original currencies [Line Items]
Cash and cash equivalents	12,723,146	5,253,021
VND [Member]
Cash and Cash Equivalents (Details) - Schedule of Cash and Cash Equivalents on its Original currencies [Line Items]
Cash and cash equivalents	$ 86,212	$ 198,146

Restricted Cash (Details)

Restricted Cash (Details) - USD ($)	Jun. 30, 2023	Jun. 30, 2022
Restricted Cash [Abstract]
Restricted cash		$ 598,402

Accounts Receivable, Net (Detai

Accounts Receivable, Net (Details) - Schedule of Accounts Receivable - USD ($)	Jun. 30, 2023	Jun. 30, 2022
Schedule Of Accounts Receivable Abstract
Accounts receivable	$ 10,383,716	$ 18,256,420
Allowance for doubtful accounts	(70,345)	(186,909)
Total	$ 10,313,371	$ 18,069,511

Accounts Receivable, Net (Det_2

Accounts Receivable, Net (Details) - Schedule of Allowance for Doubtful Accounts - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Schedule of Allowance For Doubtful Accounts [Abstract]
Beginning balance	$ 186,909	$ 228,413
Reversals	(116,846)	(509)
Write-offs	(3,653)	(36,333)
Foreign currency exchange effect	3,935	(4,662)
Ending balance	$ 70,345	$ 186,909

Accounts Receivable, Net (Det_3

Accounts Receivable, Net (Details) - Schedule of Ageing Analysis of Accounts Receivable - USD ($)	Jun. 30, 2023	Jun. 30, 2022
Financing Receivable, Past Due [Line Items]
Net of allowance for doubtful accounts	$ 10,313,371	$ 18,069,511
Within 90 days [Member]
Financing Receivable, Past Due [Line Items]
Net of allowance for doubtful accounts	9,821,889	16,375,095
Between 91 and 180 days [Member]
Financing Receivable, Past Due [Line Items]
Net of allowance for doubtful accounts	491,063	1,631,296
Between 181 and 365 days [Member]
Financing Receivable, Past Due [Line Items]
Net of allowance for doubtful accounts	$ 419	$ 63,120

Prepayments, Other Receivable_3

Prepayments, Other Receivables and Other Current Assets (Details) - Schedule of Prepayments, Other Receivables and Other Current Assets - USD ($)	Jun. 30, 2023	Jun. 30, 2022
Schedule of Prepayments, Other Receivables and Other Current Assets [Abstract]
Prepayments	$ 552,458	$ 843,249
Deposits	238,481	47,057
Other receivables	48,615	37,681
VAT receivables	162,140
Prepayments, other receivables and other current assets	$ 1,001,694	$ 927,987

Inventories, Net (Details) - Sc

Inventories, Net (Details) - Schedule of Components of Inventories - USD ($)	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Schedule of Components of Inventories [Abstract]
Raw materials	$ 4,167,531	$ 7,447,022
Work in progress	518,352	976,246
Finished goods	1,606,296	2,052,148
Total inventories, gross	6,292,179	10,475,416
Inventories impairment	(732,897)	(655,783)	$ (613,831)
Total inventories, net	$ 5,559,282	$ 9,819,633

Inventories, Net (Details) - _2

Inventories, Net (Details) - Schedule of Inventories Impairment Consists - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Schedule of Inventories Impairment Consists [Abstract]
Beginning balance	$ (655,783)	$ (613,831)
Addition	(133,218)	(71,143)
Write-offs		(4,470)
Foreign currency exchange effect	56,104	33,661
Ending balance	$ (732,897)	$ (655,783)

Property, Plant and Equipment_3

Property, Plant and Equipment, Net (Details) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Property, Plant and Equipment, Net [Abstract]
Depreciation expense	$ 1,556,069	$ 1,792,022	$ 1,901,586

Property, Plant and Equipment_4

Property, Plant and Equipment, Net (Details) - Schedule of Property, Plant and Equipment, Net - USD ($)	Jun. 30, 2023	Jun. 30, 2022
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 28,546,090	$ 30,086,952
Less: accumulated depreciation	(19,518,475)	(19,273,752)
Property, plant and equipment, net	9,027,615	10,813,200
Buildings [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	7,159,632	7,150,233
Leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	3,277,579	3,322,323
Plant and machinery [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	15,780,713	17,165,746
Motor vehicles [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	528,093	579,016
Office equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 1,800,073	$ 1,869,634

Leases (Details)

Leases (Details)	12 Months Ended
	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Mar. 14, 2020 USD ($)	Mar. 14, 2020 VUV (VT)	Jul. 01, 2019 USD ($)
Operating Lease [Abstract]
Discount rate	4.25%
Right of use assets	$ 3,076,855	$ 4,076,816		$ 4,455,000	VT 102,476,000,000	$ 3,733,913
Lease liabilities	195,481	919,461				$ 31,890
Operating lease expenses	$ 790,417	$ 814,377	$ 487,298
Weighted-average discount rate percentage	4.75%

Leases (Details) - Schedule of

Leases (Details) - Schedule of Supplemental Balance Sheet Information	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Mar. 14, 2020 USD ($)	Mar. 14, 2020 VUV (VT)	Jul. 01, 2019 USD ($)
Operating lease:
Operating lease right-of-use assets	$ 3,076,855	$ 4,076,816	$ 4,455,000	VT 102,476,000,000	$ 3,733,913
Current operating lease obligation	157,489	772,534
Non-current operating lease obligation	37,992	146,927
Total operating lease obligation	$ 195,481	$ 919,461			$ 31,890

Leases (Details) - Schedule o_2

Leases (Details) - Schedule of Contractual Maturities of the Group’s Operating Lease Liabilities - USD ($)	Jun. 30, 2023	Jun. 30, 2022	Jul. 01, 2019
Schedule of Contractual Maturities of The Group Operating Lease Liabilities [Abstract]
Year ending June 30, 2024	$ 160,979
Year ending June 30, 2025	26,038
Year ending June 30, 2026	13,397
Total undiscounted lease obligations	200,414
Less: imputed interest	(4,933)
Lease liabilities recognized in the consolidated balance sheet	$ 195,481	$ 919,461	$ 31,890

Bank Borrowings (Details)

Bank Borrowings (Details) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Bank Borrowings (Details) [Line Items]
Bank borrowings	$ 13,405,816	$ 15,813,022
Carrying amount	4,004,549	3,081,883
Interest expenses	684,358	403,862
Restricted cash		$ 598,402
Borrowings rates [Member]
Bank Borrowings (Details) [Line Items]
Average bank borrowings rates	5.69%	2.73%

Bank Borrowings (Details) - Sch

Bank Borrowings (Details) - Schedule of Outstanding Balances of Banks Borrowings - USD ($)	Jun. 30, 2023	Jun. 30, 2022
Short-Term Debt [Line Items]
Bank borrowings	$ 13,405,816	$ 15,813,022
Guaranteed [Member]
Short-Term Debt [Line Items]
Bank borrowings	10,300,386	7,899,914
Collateralized and Guaranteed [Member]
Short-Term Debt [Line Items]
Bank borrowings	$ 3,105,430	$ 7,913,108

Bank Borrowings (Details) - S_2

Bank Borrowings (Details) - Schedule of Bank Borrowings - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Bank Borrowings (Details) - Schedule of Bank Borrowings [Line Items]
Total bank borrowings	$ 13,405,816	$ 15,813,022
DBS Bank Hong Kong Limited [Member]
Bank Borrowings (Details) - Schedule of Bank Borrowings [Line Items]
Maturity date	November 2027
Currency	HKD
Weighted- average interest rate	3.80%	2.80%
Total bank borrowings	$ 3,515,952	$ 2,250,626
Bank of China (Hong Kong) Limited [Member]
Bank Borrowings (Details) - Schedule of Bank Borrowings [Line Items]
Maturity date	June 2027
Currency	HKD
Weighted- average interest rate	6.40%	2.50%
Total bank borrowings	$ 6,393,244	$ 8,403,810
Hang Sang Bank Limited [Member]
Bank Borrowings (Details) - Schedule of Bank Borrowings [Line Items]
Maturity date	August 2023
Currency	HKD
Weighted- average interest rate	6.30%	3.80%
Total bank borrowings	$ 3,496,620	$ 4,139,016
Industrial and Commercial Bank of China (Asia) Limited [Member]
Bank Borrowings (Details) - Schedule of Bank Borrowings [Line Items]
Maturity date	July 2022
Currency	HKD
Weighted- average interest rate		2.20%
Total bank borrowings		$ 1,019,570

Bank Borrowings (Details) - S_3

Bank Borrowings (Details) - Schedule of Loan Type in Terms of Currency - USD ($)	Jun. 30, 2023	Jun. 30, 2022
Schedule of Loan type in Terms of Currency [Abstract]
Carrying value	$ 13,405,816	$ 15,813,022
Within 1 year or on demand	13,405,816	15,813,022
2025
2026
2027
Thereafter

Related Party Balance and Tra_3

Related Party Balance and Transactions (Details) - USD ($) $ in Thousands	1 Months Ended		12 Months Ended
	Feb. 28, 2022	Dec. 31, 2020	Jun. 30, 2021
Related Party Balance and Transactions (Details) [Line Items]
Increase in due to shareholders amount			$ 1,700
Decrease in due to shareholders amount			2,450
Carried amount due from shareholders		$ 260
Dividend amount	$ 7,000
Kilomate [Member]
Related Party Balance and Transactions (Details) [Line Items]
Amount transferred to shareholders			40
MII [Member]
Related Party Balance and Transactions (Details) [Line Items]
Amount transferred to shareholders			$ 260

Related Party Balance and Tra_4

Related Party Balance and Transactions (Details) - Schedule of Significant Related Party Transactions - USD ($)		12 Months Ended
		Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
M-GEN Innovation Company Limited [Member]
Related Party Transaction [Line Items]
Relationship		Common controlled by the shareholders
Nature		Trade nature
Description		The Company’s sales
Related party transactions amount			$ 26,095	$ 141,507
M-GEN Innovation Company Limited1 [Member]
Related Party Transaction [Line Items]
Nature		Trade nature
Description		The Company’s receipt of sales
Related party transactions amount			(152,869)	(18,732)
M-GEN Innovation Company Limited2 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description	[1]	The Company’s advance paid to M-GEN Innovation Company Limited (Note 1(a))
Related party transactions amount				570,609
M-GEN Innovation Company Limited 3 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description	[1]	The Company’s receipt of advance repaid from M-GEN Innovation Company Limited  (Note 1(a))
Related party transactions amount			(926,047)	(161,592)
Wah Tong Paper Products Group Limited [Member]
Related Party Transaction [Line Items]
Relationship		Common controlled by the shareholders
Nature		Trade nature
Description		Management fee incurred by the Company
Related party transactions amount				(501,515)
Wah Tong Paper Products Group Limited 1 [Member]
Related Party Transaction [Line Items]
Nature		Trade nature
Description		The Company’s payment on management fee
Related party transactions amount				541,553
Wah Tong Paper Products Group Limited 2 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description	[2]	The Company’s (repayment from)/advance paid to  Wah Tong Paper Products Group Limited (Note 1 (b))
Related party transactions amount			(515,132)	515,132
Wah Tong Paper Products Factory Limited [Member]
Related Party Transaction [Line Items]
Relationship		Common controlled by the shareholders
Nature		Trade nature
Description		Rental expenses incurred by the Company
Related party transactions amount				(211,574)
Wah Tong Paper Products Factory Limited1 [Member]
Related Party Transaction [Line Items]
Nature		Trade nature
Description		The Company’s payment on rental expenses
Related party transactions amount				211,574
Wah Tong Paper Products Factory Limited 2 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Decrease of an amount due from Wah Tong Paper Products Factory Limited as a result of separation of YWPPC (Note 2)
Related party transactions amount				(2,058,539)
Wah Tong Paper Products Factory Limited 3 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		The Company’s repayment from Wah Tong Paper Products Factory Limited
Related party transactions amount			(1,080,604)
Wah Tong Paper Products Factory Limited 4 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description	[3]	The Company’s repayment to/(advance  from) Wah Tong Paper Products Factory Limited (Note 1 (c))
Related party transactions amount			89,145	(89,145)
Wah Tung Thai Logistics (Shenzhen) Limited [Member]
Related Party Transaction [Line Items]
Relationship		Common controlled by the shareholders
Nature		Trade nature
Description		Logistic fee incurred by the Company
Related party transactions amount			(6,109)	(69,931)
Wah Tung Thai Logistics (Shenzhen) Limited1 [Member]
Related Party Transaction [Line Items]
Nature		Trade nature
Description		The Company’s payment on the logistic fee
Related party transactions amount			6,109	77,571
Wah Tung Thai Logistics (Shenzhen) Limited2 [Member]
Related Party Transaction [Line Items]
Nature		Trade nature
Description		Rental income earned by the Company
Related party transactions amount				35,599
Wah Tung Thai Logistics (Shenzhen) Limited3 [Member]
Related Party Transaction [Line Items]
Nature		Trade nature
Description		The Company’s receipt of rental income
Related party transactions amount				(35,599)
Wah Tung Thai Logistics (Shenzhen) Limited 4 [Member]
Related Party Transaction [Line Items]
Nature		Trade nature
Description		The Company’s receipt of sales
Related party transactions amount			(15,998)
Wah Tung Thai Logistics (Shenzhen) Limited 5 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description	[4]	The Company’s receipt of advance repaid from by Wah Tung Thai Logistics (Shenzhen) Limited (Note 1(d))
Related party transactions amount				(320,029)
Wah Tung Thai Logistics (Shenzhen) Limited 6 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description	[4]	The Company’s repayment to Wah Tung Thai Logistics (Shenzhen) Limited (Note 1 (d))
Related party transactions amount			5,544
Sing Wise Limited [Member]
Related Party Transaction [Line Items]
Relationship		Common controlled by the shareholders
Nature		Trade nature
Description		Import service incurred by the Company
Related party transactions amount				(1,586)
Sing Wise Limited1 [Member]
Related Party Transaction [Line Items]
Nature		Trade nature
Description		The Company’s payment to import service
Related party transactions amount				1,869
Sing Wise Limited 2 [Member]
Related Party Transaction [Line Items]
Nature		Trade nature
Description		The Company’s sales
Related party transactions amount				18,679
Sing Wise Limited 3 [Member]
Related Party Transaction [Line Items]
Nature		Trade nature
Description		The Company’s receipt of sales
Related party transactions amount			(7,072)	(14,411)
Sing Wise Limited 4 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		The Company’s repayment to  Sing Wise Limited
Related party transactions amount			4,921
Sing Wise Limited 5 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Decrease of an amount due from Sing Wise Limited as a result of separation of YWPPC (Note 3)
Related party transactions amount				(380,188)
Wah Tung Thai Logistics Company Limited [Member]
Related Party Transaction [Line Items]
Relationship		Common controlled by the shareholders
Nature		Trade nature
Description		Transportation expenses incurred by the Company
Related party transactions amount			(10,365)	(105,464)
Wah Tung Thai Logistics Company Limited1 [Member]
Related Party Transaction [Line Items]
Nature		Trade nature
Description		The Company’s payment to Transportation expenses
Related party transactions amount			14,507	112,106
Wah Tung Thai Logistics Company Limited 2 [Member]
Related Party Transaction [Line Items]
Nature		Trade nature
Description		The Company’s sales
Related party transactions amount				57,283
Wah Tung Thai Logistics Company Limited 3 [Member]
Related Party Transaction [Line Items]
Nature		Trade nature
Description		The Company’s receipt of sales
Related party transactions amount				(50,168)
Kunshan Chuangke Printing Products Co., Ltd [Member]
Related Party Transaction [Line Items]
Relationship		Common controlled by the shareholders
Nature		Trade nature
Description		The Company’s payment on purchase
Related party transactions amount			2,161,721
Yee Woo Paper Packaging (China) Company Limited [Member]
Related Party Transaction [Line Items]
Relationship		Common controlled by the shareholders
Nature		Trade nature
Description		Rental expenses incurred by the Company
Related party transactions amount		$ (707,311)	(528,986)	(396,215)
Yee Woo Paper Packaging (China) Company Limited 1 [Member]
Related Party Transaction [Line Items]
Nature		Trade nature
Description		The Company’s payment on the rental expenses
Related party transactions amount		$ 707,311	865,767	59,434
Yee Woo Paper Packaging (China) Company Limited 2 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Increase of an amount due to Yee Woo Paper Packaging (China) Company Limited as a result of separation of YWPPC (Note 4)
Related party transactions amount				(2,062,599)
Yee Woo Paper Packaging (China) Company Limited 3 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		The Company’s repayment to  Yee Woo Paper Packaging (China) Company Limited (Note 4)
Related party transactions amount			2,062,599
Kilomate Enterprises Limited [Member]
Related Party Transaction [Line Items]
Relationship		Common controlled by the shareholders
Nature		Non-trade nature
Description		Decrease of an amount due to Kilomate Enterprises Limited (Note 5)
Related party transactions amount				236,206
Millennium Investment International (BVI) Limited [Member]
Related Party Transaction [Line Items]
Relationship		Common controlled by the shareholders
Nature		Non-trade nature
Description		Decrease of an amount due to Millennium Investment International (BVI) Limited (Note 6)
Related party transactions amount				1,580,168
Lai Por [Member]
Related Party Transaction [Line Items]
Relationship		Controlling shareholder
Nature		Non-trade nature
Description		Company’s acquisition of Yee Woo Paper Industry (Shenzhen) Co., Ltd. and Millennium Printing International Limited (Note 7)
Related party transactions amount				(1,674,429)
Lai Por1 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Decrease of an amount due to shareholder (Note 8)
Related party transactions amount				1,883,003
Lai Por2 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description	[5]	The Company’s net repayment to shareholders (Note 1(e))
Related party transactions amount			115,566	985,451
Lai Por3 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Increase in dividend payable to the Controlling Shareholders (Note 9)
Related party transactions amount			(1,162,197)
Lai Por 4 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Dividend waived and capitalized as additional paid in capital (Note 9)
Related party transactions amount			1,162,197
Lai Por 5 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Amount due to shareholders was waived and capitalized as additional paid in capital (Note 10)
Related party transactions amount			1,102,427
Lai Yau Shing [Member]
Related Party Transaction [Line Items]
Relationship		Controlling shareholder
Nature		Non-trade nature
Description		Company’s acquisition of Yee Woo Paper Industry (Shenzhen) Co., Ltd. and Millennium Printing International Limited (Note 7)
Related party transactions amount				(1,674,429)
Lai Yau Shing1[Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Decrease of an amount due to shareholder (Note 8)
Related party transactions amount				1,883,003
Lai Yau Shing 2 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description	[5]	The Company’s net repayment to shareholders (Note 1(e))
Related party transactions amount			115,566	985,451
Lai Yau Shing3 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Increase in dividend payable to the Controlling Shareholders (Note 9)
Related party transactions amount			(1,162,197)
Lai Yau Shing 4 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Dividend waived and capitalized as additional paid in capital (Note 9)
Related party transactions amount			1,162,197
Lai Yau Shing 5 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Amount due to shareholders was waived and capitalized as additional paid in capital (Note 10)
Related party transactions amount			1,102,427
Lai Yau Chuen [Member]
Related Party Transaction [Line Items]
Relationship		Controlling shareholder
Nature		Non-trade nature
Description		Company’s acquisition of Yee Woo Paper Industry (Shenzhen) Co., Ltd. And Millennium Printing International Limited (Note 7)
Related party transactions amount				(1,674,429)
Lai Yau Chuen1 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Decrease of an amount due to shareholder (Note 8)
Related party transactions amount				1,883,003
Lai Yau Chuen 2 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description	[5]	The Company’s net repayment to shareholders (Note 1(e))
Related party transactions amount			115,566	985,451
Lai Yau Chuen 3 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Increase in dividend payable to the Controlling Shareholders (Note 9)
Related party transactions amount			(1,162,197)
Lai Yau Chuen 4 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Dividend waived and capitalized as additional paid in capital (Note 9)
Related party transactions amount			1,162,197
Lai Yau Chuen 5 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Amount due to shareholders was waived and capitalized as additional paid in capital (Note 10)
Related party transactions amount			1,102,427
Lai Yau Sang [Member]
Related Party Transaction [Line Items]
Relationship		Controlling shareholder
Nature		Non-trade nature
Description		Company’s acquisition of Yee Woo Paper Industry (Shenzhen) Co., Ltd. and Millennium Printing International Limited (Note 7)
Related party transactions amount				(1,674,429)
Lai Yau Sang1 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Decrease of an amount due to shareholder (Note 8)
Related party transactions amount				1,883,003
Lai Yau Sang2 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description	[5]	The Company’s net repayment to shareholders (Note 1(e))
Related party transactions amount			115,566	985,451
Lai Yau Sang3 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Increase in dividend payable to the Controlling Shareholders (Note 9)
Related party transactions amount			(1,162,197)
Lai Yau Sang 4 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Dividend waived and capitalized as additional paid in capital (Note 9)
Related party transactions amount			1,162,197
Lai Yau Sang 5 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Amount due to shareholders was waived and capitalized as additional paid in capital (Note 10)
Related party transactions amount			1,102,427
Lai Yau Fai [Member]
Related Party Transaction [Line Items]
Relationship		Controlling shareholder
Nature		Non-trade nature
Description		Company’s acquisition of Yee Woo Paper Industry (Shenzhen) Co., Ltd. And Millennium Printing International Limited (Note 7)
Related party transactions amount				(1,674,429)
Lai Yau Fai 1 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Decrease of an amount due to shareholder (Note 8)
Related party transactions amount				1,883,003
Lai Yau Fai 2 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description	[5]	The Company’s net repayment to shareholders (Note 1(e))
Related party transactions amount			115,566	985,451
Lai Yau Fai 3 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Increase in dividend payable to the Controlling Shareholders (Note 9)
Related party transactions amount			(1,162,197)
Lai Yau Fai 4 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Dividend waived and capitalized as additional paid in capital (Note 9)
Related party transactions amount			1,162,197
Lai Yau Fai 5 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Amount due to shareholders was waived and capitalized as additional paid in capital (Note 10)
Related party transactions amount			1,102,427
Lai Yau Chi [Member]
Related Party Transaction [Line Items]
Relationship		Controlling shareholder
Nature		Non-trade nature
Description		Company’s acquisition of Yee Woo Paper Industry (Shenzhen) Co., Ltd. And Millennium Printing International Limited (Note 7)
Related party transactions amount				(1,674,429)
Lai Yau Chi1 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Decrease of an amount due to shareholder (Note 8)
Related party transactions amount				1,883,003
Lai Yau Chi 2 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description	[5]	The Company’s net repayment to shareholders (Note 1(e))
Related party transactions amount			115,566	985,451
Lai Yau Chi 3 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Increase in dividend payable to the Controlling Shareholders (Note 9)
Related party transactions amount			(1,162,197)
Lai Yau Chi 4 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Dividend waived and capitalized as additional paid in capital (Note 9)
Related party transactions amount			1,162,197
Lai Yau Chi 5 [Member]
Related Party Transaction [Line Items]
Nature		Non-trade nature
Description		Amount due to shareholders was waived and capitalized as additional paid in capital (Note 10)
Related party transactions amount			$ 1,102,427
[1] The amounts represented the advance to MGI to meet its working capital needs and payment on behalf of MGI for the purchase of raw materials. The receipt of advance repaid represented the repayment from MGI. The amount represented the advance to WTPPG to meet its working capital needs. The receipt of advance repaid represented the repayment from WTPPG. The advance receipt represented the advance from WTPPF to meet our working capital needs. The repayment represented the repayment to WTPPF. The amount represented the advance to WTTLSZ to meet its working capital needs. The receipt of advance repaid represented the repayment from WTTLSZ. The amount represented the net repayment to shareholders regarding the advances for the working capital of the group in prior years.

Other Payables and Accrued Li_3

Other Payables and Accrued Liabilities (Details) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Other Payables and Accrued Liabilities [Abstract]
Revenue recognized from contract liabilities	$ 71,103	$ 33,259

Other Payables and Accrued Li_4

Other Payables and Accrued Liabilities (Details) - Schedule of Other Payables and Accrued Liabilities - USD ($)	Jun. 30, 2023	Jun. 30, 2022
Schedule of Other Payables and Accrued Liabilities [Abstract]
Contract liabilities	$ 117,128	$ 74,233
Salaries payables	849,386	923,461
Other payables	434,017	541,635
Other accruals	704,497	1,629,960
Totals	$ 2,105,028	$ 3,169,289

Shareholders' Equity (Details)

Shareholders' Equity (Details) - USD ($)		12 Months Ended
	Apr. 04, 2023	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Class of Stock [Line Items]
Shares issued (in Shares)		11,250,000	10,000,000
Shares outstanding (in Shares)		11,250,000	10,000,000
Shares par value per share (in Dollars per share)		$ 0.002	$ 0.002
Gross proceeds	$ 1,700,000
Net proceeds	5,000,000
Payment of underwriting expenses	900,000
Additional paid-in capital	$ 3,300,000
Profits after-tax percentage		10%
Registered capital percentage		50%
Statutory reserve		$ 1,049,119	$ 1,029,144
Appropriations to statutory reserves
IPO [Member]
Class of Stock [Line Items]
Shares issued (in Shares)	1,250,000
Shares par value per share (in Dollars per share)	$ 0.002
Offering price per share (in Dollars per share)	$ 4
Gross proceeds	$ 5,000,000
Net proceeds	4,200,000
Underwriting discounts	$ 1,700,000
Statutory Reserves [Member]
Class of Stock [Line Items]
Appropriations to statutory reserves		$ 19,975	$ 295,962	$ 276,039

Selling and Marketing Expense_2

Selling and Marketing Expenses (Details) - Schedule of Selling and Marketing Expenses - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Selling and Marketing Expenses (Details) - Schedule of Selling and Marketing Expenses [Line Items]
Total	$ 4,875,650	$ 5,813,307	$ 6,270,237
Staff costs and employee benefits [Member]
Selling and Marketing Expenses (Details) - Schedule of Selling and Marketing Expenses [Line Items]
Total	964,698	938,048	928,737
Consultancy fee [Member]
Selling and Marketing Expenses (Details) - Schedule of Selling and Marketing Expenses [Line Items]
Total	1,888,128	2,424,088	2,590,069
Transportation and handling [Member]
Selling and Marketing Expenses (Details) - Schedule of Selling and Marketing Expenses [Line Items]
Total	1,468,035	2,074,255	2,085,652
Advertisement expenses [Member]
Selling and Marketing Expenses (Details) - Schedule of Selling and Marketing Expenses [Line Items]
Total	18,361	3,154
Depreciation and amortization [Member]
Selling and Marketing Expenses (Details) - Schedule of Selling and Marketing Expenses [Line Items]
Total	3,227	3,530	4,275
Others [Member]
Selling and Marketing Expenses (Details) - Schedule of Selling and Marketing Expenses [Line Items]
Total	$ 533,201	$ 370,232	$ 661,504

General and Administrative Ex_3

General and Administrative Expenses (Details) - Schedule of General and Administrative Expenses - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
General and Administrative Expenses (Details) - Schedule of General and Administrative Expenses [Line Items]
Total	$ 5,270,966	$ 4,922,075	$ 5,982,887
Staff costs and employee benefits [Member]
General and Administrative Expenses (Details) - Schedule of General and Administrative Expenses [Line Items]
Total	3,356,644	3,333,846	3,579,013
Depreciation and amortization [Member]
General and Administrative Expenses (Details) - Schedule of General and Administrative Expenses [Line Items]
Total	263,576	344,251	379,152
Research and development [Member]
General and Administrative Expenses (Details) - Schedule of General and Administrative Expenses [Line Items]
Total	241,241	305,003	390,428
Office and utilities [Member]
General and Administrative Expenses (Details) - Schedule of General and Administrative Expenses [Line Items]
Total	198,135	234,800	222,117
Others [Member]
General and Administrative Expenses (Details) - Schedule of General and Administrative Expenses [Line Items]
Total	$ 1,211,370	$ 704,175	$ 1,412,177

Income Taxes (Details)

Income Taxes (Details)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Income Taxes (Details) [Line Items]
Effective income tax rate	(18.00%)	18%	18%
Vietnam Tax Laws [Member]
Income Taxes (Details) [Line Items]
Corporate tax rate	20%
Hong Kong Tax Laws [Member]
Income Taxes (Details) [Line Items]
Foreign income tax rate	16.50%	16.50%	16.50%
PRC [Member]
Income Taxes (Details) [Line Items]
Foreign income tax rate	25%

Income Taxes (Details) - Schedu

Income Taxes (Details) - Schedule of Provisions for Income Taxes - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Provision for Income Taxes
Current Tax Provision Hong Kong	$ 125,802	$ 226,148	$ 209,826
Current Tax Provision PRC		694,661	598,127
Over Provision of PRC Income Tax in prior year	(217,999)
Deferred Tax Provision PRC	14,895	(23,652)	(7,869)
Total Provision for Income Taxes	$ (77,302)	$ 897,157	$ 800,084

Income Taxes (Details) - Sche_2

Income Taxes (Details) - Schedule of Effective Tax Rate	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Schedule Of Effective Tax Rate [Abstract]
PRC Statutory rate	25%	25%	25%
Effect of different tax jurisdiction	(7.00%)	(7.00%)	(7.00%)
Overprovision of PRC income tax in prior year	(50.00%)
Tax losses not recognized	14%
Effective income tax rate	(18.00%)	18%	18%

Income Taxes (Details) - Sche_3

Income Taxes (Details) - Schedule of Deferred Tax - USD ($)	Jun. 30, 2023	Jun. 30, 2022
Deferred tax assets
Depreciation expense of property, plant and equipment		$ 120,437
Miscellaneous	29,899	54,323
Allowance for doubtful accounts	20,145	27,931
Allowance for inventory	119,038	110,624
Tax loss	228,130
Total	397,212	313,315
Less: valuation allowance
Total deferred tax assets	$ 397,212	$ 313,315

Segment Reporting (Details) - S

Segment Reporting (Details) - Schedule of Revenue by Major Merchandise or Services Categories - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Segment Reporting Information [Line Items]
Total revenue	$ 45,598,620	$ 66,232,757	$ 64,565,269
Packaging products [Member]
Segment Reporting Information [Line Items]
Total revenue	23,065,859	36,256,189	35,970,085
Corrugated products [Member]
Segment Reporting Information [Line Items]
Total revenue	16,977,098	23,986,957	23,694,875
Packaging products supply chain management solutions [Member]
Segment Reporting Information [Line Items]
Total revenue	$ 5,555,663	$ 5,989,611	$ 4,900,309

Segment Reporting (Details) -_2

Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers - USD ($)	12 Months Ended
	Jun. 30, 2023		Jun. 30, 2022		Jun. 30, 2021
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	$ 45,598,620		$ 66,232,757		$ 64,565,269
Mainland China [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	33,266,314		52,664,829		51,134,287
Hong Kong SAR [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	3,285,506		3,969,151		4,230,166
Vietnam [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	3,130,339		2,689,693		2,897,469
Other Southeast Asian countries [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	3,364,678	[1]	2,980,421	[1]	3,193,218
Australia [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	1,168,191		1,343,353		1,172,537
United States of America [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	848,789		1,232,689		841,222
Other countries [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	534,803		1,352,621		1,096,370
Packaging products [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	23,065,859		36,256,189		35,970,085
Packaging products [Member] | Mainland China [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	19,677,726		31,459,882		31,775,461
Packaging products [Member] | Hong Kong SAR [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	797,390		1,374,684		1,429,535
Packaging products [Member] | Vietnam [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	1,802,700		1,129,772		1,283,778
Packaging products [Member] | Other Southeast Asian countries [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	516,753	[1]	699,621	[1]	412,523
Packaging products [Member] | Australia [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	812		1,123		13,476
Packaging products [Member] | United States of America [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	12,214		437,395		282,869
Packaging products [Member] | Other countries [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	258,264		1,153,712		772,443
Corrugated products [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	16,977,098		23,986,957		23,694,875
Corrugated products [Member] | Mainland China [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	13,481,344		20,947,090		19,132,295
Corrugated products [Member] | Hong Kong SAR [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	1,327,396		1,696,811		2,083,941
Corrugated products [Member] | Vietnam [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	5,322				194,046
Corrugated products [Member] | Other Southeast Asian countries [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	861,594	[1]		[1]	1,008,547
Corrugated products [Member] | Australia [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	1,167,379		1,342,230		1,159,061
Corrugated products [Member] | United States of America [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	47,688				37,911
Corrugated products [Member] | Other countries [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	86,375		826		79,074
Packaging products supply chain management solutions [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	5,555,663		5,989,611		4,900,309
Packaging products supply chain management solutions [Member] | Mainland China [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	107,244		257,857		226,531
Packaging products supply chain management solutions [Member] | Hong Kong SAR [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	1,160,720		897,656		716,690
Packaging products supply chain management solutions [Member] | Vietnam [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	1,322,317		1,559,921		1,419,645
Packaging products supply chain management solutions [Member] | Other Southeast Asian countries [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	1,986,331	[1]	2,280,800	[1]	1,772,148
Packaging products supply chain management solutions [Member] | Australia [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue
Packaging products supply chain management solutions [Member] | United States of America [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	788,887		795,294		520,442
Packaging products supply chain management solutions [Member] | Other countries [Member]
Segment Reporting (Details) - Schedule of the Revenue in Term of Geographical Locations of Customers [Line Items]
Geographical total revenue	$ 190,164		$ 198,083		$ 244,853
[1]Other Southeast Asian countries include Singapore, Indonesia, Malaysia, Philippines and Myanmar.

Risks and Uncertainties (Detail

Risks and Uncertainties (Details)	12 Months Ended
	Jun. 30, 2023 USD ($)	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2023 HKD ($)	Jun. 30, 2023 CNY (¥)	Jun. 30, 2023 VND (₫)
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Customer One [Member]
Risks and Uncertainties (Details) [Line Items]
Concentration Risk, Percentage	13.90%	12.50%
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | No Customer [Member]
Risks and Uncertainties (Details) [Line Items]
Concentration Risk, Percentage			10%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer One [Member]
Risks and Uncertainties (Details) [Line Items]
Concentration Risk, Percentage	12.50%	19.70%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer Two [Member]
Risks and Uncertainties (Details) [Line Items]
Concentration Risk, Percentage	11.40%	14.40%
Vendor One [Member] | Total Purchases [Member] | Vendor concentration risk [Member]
Risks and Uncertainties (Details) [Line Items]
Concentration Risk, Percentage	21.50%	18.30%	18.90%
Vendor One [Member] | Accounts Payable [Member] | Vendor concentration risk [Member]
Risks and Uncertainties (Details) [Line Items]
Concentration Risk, Percentage	12.90%	14.30%
Vendor Two [Member] | Total Purchases [Member] | Vendor concentration risk [Member]
Risks and Uncertainties (Details) [Line Items]
Concentration Risk, Percentage	10.10%	14.90%	14.90%
Vendor Three [Member] | Total Purchases [Member] | Vendor concentration risk [Member]
Risks and Uncertainties (Details) [Line Items]
Concentration Risk, Percentage	9%	10.80%	12.60%
Hong Kong Deposit Protection Board [Member] | Credit Risk [Member]
Risks and Uncertainties (Details) [Line Items]
Compensation limit	$ 63,807			$ 500,000
Cash balance	11,301,641			88,561,243
Insured	191,421			$ 1,500,000
People’s Bank of China [Member] | Credit Risk [Member]
Risks and Uncertainties (Details) [Line Items]
Compensation limit	68,913				¥ 500,000
Cash balance	16,120,422				116,962,530
Insured	76,598				¥ 555,761
Deposit insurance of Vietnam [Member] | Credit Risk [Member]
Risks and Uncertainties (Details) [Line Items]
Compensation limit	5,300					₫ 0
Cash balance	98,069					312,787,951
Insured	$ 11,070					₫ 70,196

Capital Commitment (Details)

Capital Commitment (Details)	12 Months Ended
	Jun. 30, 2023 USD ($)	Jun. 30, 2023 VND (₫)	Jun. 30, 2022 USD ($)	Mar. 14, 2020 USD ($)	Mar. 14, 2020 VUV (VT)	Mar. 14, 2020 VND (₫)	Jul. 01, 2019 USD ($)
Capital Commitment (Details) [Line Items]
Right to use of a land	$ 3,076,855		$ 4,076,816	$ 4,455,000	VT 102,476,000,000		$ 3,733,913
Paid amounting	$ 2,546,370	₫ 60,554,000,000
Capital commitment [Member]
Capital Commitment (Details) [Line Items]
Right to use of a land				$ 4,455,000		₫ 102,476,000,000