INTANGIBLE ASSETS (Tables)

3 Months Ended

Sep. 30, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Impaired Intangible Assets [Table Text Block]

Intangible assets consist of the following:

	September 30,		June 30,
	2014		2014
Land use rights, net	$	11,658,736	$	11,723,976
Technology patent, net		435,774		498,027
Customer relationships, net		6,086,686		6,350,586
Non-compete agreement		32,155		42,874
Trademarks		6,609,680		6,609,680
Total	$	24,823,031	$	25,225,143

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

Estimated amortization expenses of intangible assets for the next five twelve months periods ended September 30, 2014, are as follows:

AMORTIZATION TABLE
Year Ends	Expense ($)
September 30, 2015		1,612,251
September 30, 2016		1,558,659
September 30, 2017		1,258,111
September 30, 2018		1,320,364
September 30, 2019		1,320,364

Use Rights [Member]

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Impaired Intangible Assets [Table Text Block]

The Land Use Rights consist of the following:

	September 30,		June 30,
	2014		2014
Land use rights	$	13,238,189	$	13,238,189
Less: accumulated amortization		(1,579,453)		(1,514,213)
Total land use rights, net	$	11,658,736	$	11,723,976

Developed Technology Rights [Member]

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Impaired Intangible Assets [Table Text Block]

The technology know-how consisted of the following:

	September 30,		June 30,
	2014		2014
Technology know-how	$	2,448,191	$	2,448,191
Less: accumulated amortization		(2,012,417)		(1,950,164)
Total technology know-how, net	$	435,774	$	498,027

Customer Relationships [Member]

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Impaired Intangible Assets [Table Text Block]

	September 30,		June 30,
	2014		2014
Customer relationships	$	10,556,000	$	10,556,000
Less: accumulated amortization		(4,469,314)		(4,205,414)
Total customer relationships, net	$	6,086,686	$	6,350,586

Noncompete Agreements [Member]

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Impaired Intangible Assets [Table Text Block]

	September 30,		June 30,
	2014		2014
Non-compete agreement	$	214,368	$	214,368
Less: accumulated amortization		(182,213)		(171,494)
Total non-compete agreement, net	$	32,155	$	42,874