SUBSEQUENT EVENTS

12 Months Ended

Jun. 30, 2016

Subsequent Events [Abstract]

Subsequent Events [Text Block]

NOTE 16 - SUBSEQUENT EVENTS

On September 23, 2016, the Board of Directors of the Company approved a stock incentive plan (“Plan”). Pursuant to the Plan, the Company plans to file a registration statement on Form S-8 as soon as practicable after the closing of its initial public offering to register up to 2,103,407 of the Company’s shares of common stock. As of the date of this report, the Company has not issued any options to purchase the Company's shares of common stock.

On September 27, 2016, the Company completed an initial public offering of 1,713,190 shares of common stocks at a $4.50 offering price. Our common stocks started trading on the NASDAQ Capital Market under the symbol of TYHT on September 28, 2016.