CONSOLIDATED CONDENSED BALANCE SHEETS (USD $)	Sep. 30, 2014	Jun. 30, 2014
Current Assets
Cash and cash equivalents	$ 41,116,016	$ 26,890,321
Accounts receivable, net	75,058,824	88,781,608
Other receivable, net	1,977,502	3,942,542
Inventories	100,583,401	75,486,898
Prepaid expenses and other current assets	529,147	480,432
Advances to suppliers, net	37,809,606	32,630,865
Total Current Assets	257,074,496	228,212,666
Plant, Property and Equipment, Net	47,275,996	48,061,611
Other Receivables, Net of current portion	2,628,361	2,628,361
Deferred Asset, Net	77,637,538	83,680,425
Other Assets	120,342	98,018
Intangible Assets, Net	24,823,031	25,225,143
Goodwill	5,203,986	5,203,986
Total Assets	414,763,750	393,110,210
Current Liabilities
Accounts payable	2,812,361	3,378,248
Customer deposits	36,870,502	25,700,586
Accrued expenses and other payables	4,420,750	4,309,073
Amount due to related parties	1,958,736	1,758,336
Taxes payable	3,933,954	1,921,455
Short term loans	22,947,120	24,002,720
Total Current Liabilities	72,943,423	61,070,418
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, 32,474,005 and 32,362,534 shares issued and outstanding as of September 30, 2014 and June 30, 2014, respectively	32,474	32,362
Additional paid-in capital	116,280,266	114,605,214
Statutory reserve	23,435,997	22,540,394
Retained earnings	179,224,810	172,021,331
Accumulated other comprehensive income	22,846,780	22,840,491
Total Stockholders' Equity	341,820,327	332,039,792
Total Liabilities and Stockholders' Equity	$ 414,763,750	$ 393,110,210