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VARIABLE INTEREST ENTITIES (Details) (USD $)
3 Months Ended 12 Months Ended
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2011
Current Assets                        
Cash and cash equivalents $ 26,890,321       $ 75,031,489       $ 26,890,321 $ 75,031,489 $ 71,978,630 $ 65,606,413
Accounts receivable, net 88,781,608       85,323,442       88,781,608 85,323,442    
Inventories 75,486,898       34,511,167       75,486,898 34,511,167    
Advances to suppliers 32,630,865       20,224,206       32,630,865 20,224,206    
Total Current Assets 228,212,666       227,164,937       228,212,666 227,164,937    
Plant, Property and Equipment, Net 48,061,611       50,660,989       48,061,611 50,660,989    
Intangible Assets, Net 25,225,143       26,608,013       25,225,143 26,608,013    
Total Assets 393,110,210       348,728,342       393,110,210 348,728,342    
Current Liabilities                        
Accounts payable 3,378,248       3,375,333       3,378,248 3,375,333    
Amount due to related parties 1,758,336       1,304,013       1,758,336 1,304,013    
Total Current Liabilities 61,070,418       51,875,050       61,070,418 51,875,050    
Stockholders' equity 332,039,792       296,853,292       332,039,792 296,853,292 242,256,654 191,873,241
Total Liabilities and Stockholders' Equity 393,110,210       348,728,342       393,110,210 348,728,342    
Revenue                 325,923 332,941 31,544,822  
Expenses                 55,881,113 23,998,392 25,350,223  
Net income (loss) 4,251,370 7,209,131 3,675,737 10,378,457 14,260,661 13,410,659 8,241,328 8,861,400 25,514,695 44,774,048 41,957,825  
Variable Interest Entity, Primary Beneficiary [Member]
                       
Current Assets                        
Cash and cash equivalents 102,777       42,975       102,777 42,975    
Accounts receivable, net 61,248       209,194       61,248 209,194    
Inventories 16,538,621       15,478,654       16,538,621 15,478,654    
Other current assets 12,745       7,061       12,745 7,061    
Advances to suppliers 53,168       101,555       53,168 101,555    
Total Current Assets 16,768,559       15,839,439       16,768,559 15,839,439    
Plant, Property and Equipment, Net 16,450,206       16,180,551       16,450,206 16,180,551    
Construction In Progress 48,883       68,414       48,883 68,414    
Intangible Assets, Net 10,736,322       10,933,482       10,736,322 10,933,482    
Total Assets 44,003,970       43,021,886       44,003,970 43,021,886    
Current Liabilities                        
Accounts payable 739,526       533,773       739,526 533,773    
Accrued expenses and other payables 3,086       8,673       3,086 8,673    
Amount due to related parties 43,142,280       42,466,210       43,142,280 42,466,210    
Total Current Liabilities 43,884,892       43,008,656       43,884,892 43,008,656    
Stockholders' equity 119,078       13,230       119,078 13,230    
Total Liabilities and Stockholders' Equity 44,003,970       43,021,886       44,003,970 43,021,886    
Revenue                 3,684,822 3,397,520 2,082,520  
Expenses                 3,578,763 2,863,798 2,253,516  
Net income (loss)                 $ 106,059 $ 533,722 $ (170,996)