CONSOLIDATED AND COMBINED BALANCE SHEETS (USD $)	Jun. 30, 2014	Jun. 30, 2013
Current assets
Cash and cash equivalents	$ 27,232,074	$ 28,868,533
Notes receivable	28,095	34,413
Accounts receivable, net	2,230,746	136,414
Inventory	1,037,939	1,004,642
Other receivables, net	83,570	108,029
Advance to suppliers	40,504	171,598
Prepaid expenses	101,965	156,750
Total current assets	30,754,893	30,480,379
Property, plant and equipment, net	4,661,072	2,561,067
Intangible assets, net	5,452,161	6,316,925
Construction in progress	1,934	2,345,026
Total assets	40,870,060	41,703,397
Current liabilities
Short-term loans	1,611,967	1,140,548
Accounts payable and accrued expenses	627,109	542,699
Other payables	83,798	136,855
Advance from customers	245,308	200,761
Related party debts	1,776,851	2,138,454
Wages payable	69,544	185,096
Taxes payable	403,970	255,588
Total current liabilities	4,818,547	4,600,001
Equity
Common stock, ($0.0001 par value, 300,000,000 shares authorized, 62,239,737 issued and outstanding as of June 30, 2014 and 2013, respectively)	6,224	6,224
Additional paid-in capital	27,317	27,317
Accumulated other comprehensive income	3,242,959	3,636,312
Statutory reserve	38,679	38,679
Retained earnings	32,736,081	33,394,548
Total stockholders' equity	36,051,260	37,103,080
Non-controlling interests	253	316
Total equity	36,051,513	37,103,396
Total liabilities and equity	$ 40,870,060	$ 41,703,397