Consolidated Balance Sheets (Unaudited) - USD ($)	Dec. 31, 2019	Jun. 30, 2019
Current assets:
Cash and cash equivalents	$ 9,385,486	$ 6,447,505
Certificates of deposit account	5,375,619	5,380,226
Accounts receivable	7,481,079	4,138,469
Other receivables, net	748	40,807
Inventories, net	2,986,729	1,052,740
Prepaid expenses and other current assets	28,725	28,042
Advance payments to vendors	14,111	51,340
Total current assets	25,272,497	17,139,129
Property and equipment, net	226,098	131,879
Intangible assets, net	1,272,071	1,109,911
Deferred tax assets, non-current	2,157,806	2,282,975
Goodwill	273,285	273,285
Right of use asset	1,335,893	0
Other assets	287,638	258,097
TOTAL ASSETS	30,825,288	21,195,276
Current liabilities
Accounts payable	12,874,274	5,672,514
Income tax payable	49,799	654
Accrued liabilities	236,933	247,658
Lease liabilities, current	357,767	0
Total current liabilities	13,518,773	5,920,826
Lease liabilities, non-current	989,393	0
Total liabilities	14,508,166	5,920,826
Commitments and contingencies (Notes 7)	0	0
Parent Company stockholders' equity
Preferred stock, par value $0.001 per share, authorized 10,000,000 shares; No preferred stock issued and outstanding as of December 31, 2019 and June 30, 2019	0	0
Common stock, par value $0.001 per share, authorized 50,000,000 shares; 10,570,203 shares issued and outstanding as of December 31, 2019 and June 30, 2019	13,972	13,972
Additional paid-in capital	7,442,272	7,442,272
Retained earnings	13,312,257	12,477,441
Treasury stock, 3,472,286 shares as of December 31, 2019 and June 30, 2019	(4,513,479)	(4,513,479)
Accumulated other comprehensive loss	(616,052)	(634,802)
Total Parent Company stockholders' equity	15,638,970	14,785,404
Non-controlling interests	678,152	489,046
Total stockholders' equity	16,317,122	15,274,450
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 30,825,288	$ 21,195,276