OTHER ASSETS (Tables)

6 Months Ended

Dec. 31, 2019

Other Assets [Abstract]

Other assets

Other assets consisted of the following:

	Dec. 31, 2019 (Unaudited)			June 30, 2019
Down payment for purchase of investment properties *	$	1,645		$	1,645
Down payment for purchase of property, plant and equipment		—			100
Deposits for rental and utilities		169			169
Currency translation effect		(188	)		(164	)
Total	$	1,626		$	1,750

* Down payment for purchase of investment properties included:

	RMB			US Dollars
Original investment (10% if Junzhou equity)	$	10,000		$	1,606
Less: Management Fee		(5,000	)		(803	)
Net Investment		5,000			803
Less: Share of loss on Joint Venture		(137	)		(22	)
Net Investment as down payment(Note *a)		4,863			781
Loans Receivable		5,000			814
Interest Receivable		1,250			200
Less:Impairment of Interest		(906	)		(150	)
Transferred to down payment(Note *b)		5,344			864
* Down payment for purchase of investment properties		10,207			1,645