CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2014	Jun. 30, 2013
Current Assets
Cash and cash equivalents	$ 26,890,321	$ 75,031,489
Accounts receivable, net	88,781,608	85,323,442
Other receivable, net	3,942,542	0
Inventories	75,486,898	34,511,167
Prepaid expenses and other current assets	480,432	397,897
Advances to suppliers	32,630,865	20,224,206
Assets held for sale	0	11,676,736
Total Current Assets	228,212,666	227,164,937
Plant, Property and Equipment, Net	48,061,611	50,660,989
Other Receivables, Net of current portion	2,628,361	0
Deferred Assets, Net	83,680,425	38,943,798
Other Assets	98,018	165,846
Intangible Assets, Net	25,225,143	26,608,013
Goodwill	5,203,986	5,184,759
Total Assets	393,110,210	348,728,342
Current Liabilities
Accounts payable	3,378,248	3,375,333
Customer deposits	25,700,586	1,433,661
Accrued expenses and other payables	4,309,073	3,934,184
Amount due to related parties	1,758,336	1,304,013
Taxes payable	1,921,455	25,728,759
Short term loans	24,002,720	16,099,100
Total Current Liabilities	61,070,418	51,875,050
Commitment and Contingencies
Stockholders' Equity
Preferred Stock, $.001 par value, 20,000,000 shares authorized, zero shares issued and outstanding	0	0
Common stock, $.001 par value, 115,197,165 shares authorized, 32,362,534 and 29,943,236 shares issued and outstanding as of June 30, 2014 and 2013, respectively	32,362	29,943
Additional paid-in capital	114,605,214	105,962,909
Statutory reserve	22,540,394	20,121,905
Retained earnings	172,021,331	148,925,125
Accumulated other comprehensive income	22,840,491	21,813,410
Total Stockholders' Equity	332,039,792	296,853,292
Total Liabilities and Stockholders' Equity	$ 393,110,210	$ 348,728,342