INTANGIBLE ASSETS (Tables)

9 Months Ended

Mar. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Impaired Intangible Assets [Table Text Block]

Intangible assets consisted of the following:

	March 31,		June 30,
	2015		2014
Land use rights, net	$	11,599,242	$	11,723,976
Technology patent, net		313,184		498,027
Customer relationships, net		5,593,116		6,350,586
Non-compete agreement		10,784		42,874
Trademarks		6,650,380		6,609,680
Total	$	24,166,706	$	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 March 31, are as follows:

AMORTIZATION TABLE
Year Ends	Expense ($)
March 31, 2016		1,589,825
March 31, 2017		1,391,131
March 31, 2018		1,328,494
March 31, 2019		1,328,494
March 31, 2020		1,328,494

Use Rights [Member]

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Impaired Intangible Assets [Table Text Block]

The Land Use Rights consisted of the following:

	March 31,		June 30,
	2015		2014
Land use rights	$	13,319,705	$	13,238,189
Less: accumulated amortization		(1,720,463)		(1,514,213)
Total land use rights, net	$	11,599,242	$	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:

	March 31,		June 30,
	2015		2014
Technology know-how	$	2,463,266	$	2,448,191
Less: accumulated amortization		(2,150,082)		(1,950,164)
Total technology know-how, net	$	313,184	$	498,027

Customer Relationships [Member]

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Impaired Intangible Assets [Table Text Block]

	March 31,		June 30,
	2015		2014
Customer relationships	$	10,621,000	$	10,556,000
Less: accumulated amortization		(5,027,884)		(4,205,414)
Total customer relationships, net	$	5,593,116	$	6,350,586

Noncompete Agreements [Member]

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Impaired Intangible Assets [Table Text Block]

	March 31,		June 30,
	2015		2014
Non-compete agreement	$	215,688	$	214,368
Less: accumulated amortization		(204,904)		(171,494)
Total non-compete agreement, net	$	10,784	$	42,874