CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Cash flows from operating activities
Net income	$ 25,514,695	$ 44,774,048	$ 41,957,825
Adjustments to reconcile net income to net cash provided by operating activities
Issuance of common stock and stock options for compensation	8,119,724	3,489,687	3,248,836
Depreciation	4,385,103	3,214,655	3,265,611
Amortization	28,876,146	11,549,391	2,727,255
Impairment of assets	5,161,815	0	0
Changes in operating assets
Accounts receivable	(3,149,501)	(21,651,656)	(43,814,193)
Other current assets	(81,255)	(90,500)	245,965
Inventories	(40,948,365)	(5,212,729)	(4,278,219)
Advances to suppliers	(12,362,036)	(7,635,033)	(442,144)
Other assets	48,777	87,228	(28,198)
Changes in operating liabilities
Accounts payable	(7,716)	(3,589,487)	755,931
Customer deposits	24,321,366	(1,228,419)	(8,649,382)
Tax payables	(23,961,587)	7,555,402	10,443,311
Accrued expenses and other payables	695,186	(286,860)	967,800
Amount due to related parties	0	1,115,100	0
Net cash provided by operating activities	16,612,352	32,090,827	6,400,398
Cash flows from investing activities
Purchase of plant, property, and equipment	(1,602,460)	(529,505)	(2,532,385)
Deferred assets	(72,061,705)	(31,919,750)	(9,351,562)
Net cash used in investing activities	(73,664,165)	(32,449,255)	(11,883,947)
Cash flows from financing activities
Proceeds from loans	35,145,885	2,943,885	9,678,375
Proceeds from issuance of shares	0		300,001
Repayment of loans	(27,282,645)	(1,103,970)	0
Advance from related party	650,000	0	300,000
Net cash provided by (used in) financing activities	8,513,240	1,839,915	10,278,376
Effect of exchange rate change on cash and cash equivalents	397,405	1,571,372	1,577,390
Net increase (decrease) in cash and cash equivalents	(48,141,168)	3,052,859	6,372,217
Cash and cash equivalents, beginning balance	75,031,489	71,978,630	65,606,413
Cash and cash equivalents, ending balance	26,890,321	75,031,489	71,978,630
Supplement disclosure of cash flow information
Interest expense paid	1,380,829	1,351,157	1,590,620
Income taxes paid	32,022,533	2,982,956	337,872
Supplemental Disclosure of Non-Cash Financing Activities:
Issuance of 118,778 and 151,515 shares of common stock for repayment of amount due to related party	525,000	300,000	0
Transfer of Property, Plant and Equipment to Assets held for sale	$ 0	$ 11,676,736	$ 0