CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2015	Jun. 30, 2014
Current Assets
Cash and cash equivalents	$ 92,982,564	$ 26,890,321
Accounts receivable, net	68,528,598	88,781,608
Other receivable, net	0	3,942,542
Inventories	101,302,947	75,486,898
Prepaid expenses and other current assets	459,400	480,432
Advances to suppliers, net	40,910,837	32,630,865
Total Current Assets	304,184,346	228,212,666
Plant, Property and Equipment, Net	44,634,194	48,061,611
Other Receivables, Net of current portion	0	2,628,361
Deferred Asset, Net	51,527,209	83,680,425
Other Assets	185,480	98,018
Intangible Assets, Net	23,805,746	25,225,143
Goodwill	5,245,643	5,203,986
Total Assets	429,582,618	393,110,210
Current Liabilities
Accounts payable	2,372,130	3,378,248
Customer deposits	19,129,853	25,700,586
Accrued expenses and other payables	4,952,977	4,309,073
Amount due to related parties	2,068,102	1,758,336
Taxes payable	4,504,542	1,921,455
Short term loans	23,605,540	24,002,720
Total Current Liabilities	$ 56,633,144	$ 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, 35,905,198 and 32,362,534 shares issued and outstanding as of June 30, 2015 and 2014, respectively	35,905	32,362
Additional paid-in capital	123,360,384	114,605,214
Statutory reserve	25,030,688	22,540,394
Retained earnings	198,814,259	172,021,331
Accumulated other comprehensive income	25,708,238	22,840,491
Total Stockholders' Equity	372,949,474	332,039,792
Total Liabilities and Stockholders' Equity	$ 429,582,618	$ 393,110,210