LAND USE RIGHTS (Tables)

6 Months Ended

Dec. 31, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets [Table Text Block]

The Company has the Right to use the land for 50 years and amortizes the rights on a straight-line basis over the period of 50 years.

 

	December 31, 2017		June 30, 2017
Land use rights	$	1,709,290	$	1,641,181
Less: accumulated amortization		(323,869)		(294,550)
Land use rights, net	$	1,385,421	$	1,346,631

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

The estimated future amortization expenses are as follows:

Twelve months ending December 31:
2018	$	34,186
2019		34,186
2020		34,186
2021		34,186
2022		34,186
Thereafter		1,214,491
Total	$	1,385,421