INTANGIBLE ASSETS (Tables)

9 Months Ended

Mar. 31, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Impaired Intangible Assets [Table Text Block]

Intangible assets consist of the following:

	March 31,		June 30,
	2013		2012
Land use rights, net	$	11,827,575	$	11,014,591
Technology patent, net		794,344		1,902,131
Customer relationships, net		7,528,397		8,253,368
Non-compete agreement		94,684		125,453
Trademarks		6,363,017		6,323,098
Total	$	26,608,017	$	27,618,641

Land Use Rights Disclosure [Table Text Block]

The Land Use Rights consist of the following:

	March 31,			June 30,
	2013			2012
Land use rights	$	12,993,641		$	12,912,125
Less: accumulated amortization		(1,166,066	)		(1,897,534	)
Total land use rights, net	$	11,827,575		$	11,014,591

Technology Know How Disclosure [Table Text Block]

The technology know-how consisted of the following:

	March 31,			June 30,
	2013			2012
Technology know-how	$	2,402,966		$	2,387,891
Less: accumulated amortization		(1,608,622	)		(485,760	)
Total technology know-how, net	$	794,344		$	1,902,131

Customer Relationships Assets Disclosure [Table Text Block]

	March 31,			June 30,
	2013			2012
Customer relationships	$	10,361,000		$	10,296,000
Less: accumulated amortization		(2,832,603	)		(2,042,632	)
Total customer relationships, net	$	7,528,397		$	8,253,368

Non Compete Agreement Assets Disclosure [Table Text Block]

	March 31,			June 30,
	2013			2012
Non-compete agreement	$	210,408		$	209,088
Less: accumulated amortization		(115,724	)		(83,635	)
Total non-compete agreement, net	$	94,684		$	125,453

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

Estimated amortization expenses of intangible assets for the next five (5) twelve-month periods ended March 31, are as follows:

March 31, 2014	1,582,468
March 31, 2015	1,582,468
March 31, 2016	1,550,906
March 31, 2017	1,357,077
March 31, 2018	1,295,973