INTANGIBLE ASSETS (Tables)

3 Months Ended

Sep. 30, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Impaired Intangible Assets [Table Text Block]

Intangible assets consist of the following:

	September 30,		June 30,
	2013		2013
Land use rights, net	$	11,905,017	$	11,940,658
Technology patent, net		683,944		744,280
Customer relationships, net		7,133,490		7,378,823
Non-compete agreement		74,936		85,430
Trademarks		6,601,541		6,458,822
Total	$	26,398,928	$	26,608,013

Land Use Rights Disclosure [Table Text Block]

The Land Use Rights consist of the following:

	September 30,		June 30,
	2013		2013
Land use rights	$	13,221,886	$	13,189,280
Less: accumulated amortization		(1,316,869)		(1,248,622)
Total land use rights, net	$	11,905,017	$	11,940,658

Technology Know How Disclosure [Table Text Block]

The technology know-how consisted of the following:

	September 30,		June 30,
	2013		2013
Technology know-how	$	2,445,176	$	2,439,146
Less: accumulated amortization		(1,761,232)		(1,694,866)
Total technology know-how, net	$	683,944	$	744,280

Customer Relationships Assets Disclosure [Table Text Block]

	September 30,		June 30,
	2013		2012
Customer relationships	$	10,543,000	$	10,517,000
Less: accumulated amortization		(3,409,510)		(3,138,177)
Total customer relationships, net	$	7,133,490	$	7,378,823

Non Compete Agreement Assets Disclosure [Table Text Block]

	September 30,		June 30,
	2013		2013
Non-compete agreement	$	214,104	$	213,576
Less: accumulated amortization		(139,168)		(128,146)
Total non-compete agreement, net	$	74,936	$	85,430

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

Estimated amortization expenses of intangible assets for the next five (5) years after September 30, 2013, are as follows:

Year Ends	Expense ($)
September 30, 2014		1,610,265
September 30, 2015		1,599,560
September 30, 2016		1,567,444
September 30, 2017		1,379,842
September 30, 2018		1,318,738