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VARIABLE INTEREST ENTITIES (Details) - USD ($)
3 Months Ended 12 Months Ended
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2012
Current Assets                        
Cash and cash equivalents $ 92,982,564       $ 26,890,321       $ 92,982,564 $ 26,890,321 $ 75,031,489 $ 71,978,630
Accounts receivable, net 68,528,598       88,781,608       68,528,598 88,781,608    
Inventories 101,302,947       75,486,898       101,302,947 75,486,898    
Advances to suppliers 40,910,837       32,630,865       40,910,837 32,630,865    
Total Current Assets 304,184,346       228,212,666       304,184,346 228,212,666    
Plant, Property and Equipment, Net 44,634,194       48,061,611       44,634,194 48,061,611    
Intangible Assets, Net 23,805,746       25,225,143       23,805,746 25,225,143    
Total Assets 429,582,618       393,110,210       429,582,618 393,110,210 348,728,342  
Current Liabilities                        
Accounts payable 2,372,130       3,378,248       2,372,130 3,378,248    
Amount due to related parties 2,068,102       1,758,336       2,068,102 1,758,336    
Total Current Liabilities 56,633,144       61,070,418       56,633,144 61,070,418    
Stockholders' equity 372,949,474       332,039,792       372,949,474 332,039,792 296,853,292 $ 242,256,654
Total Liabilities and Stockholders' Equity 429,582,618       393,110,210       429,582,618 393,110,210    
Revenue                 334,932 325,923 332,941  
Expenses                 62,242,978 55,881,113 23,998,392  
Net income (loss) 8,214,413 $ 9,916,194 $ 5,215,437 $ 8,099,082 4,251,370 $ 7,209,131 $ 3,675,737 $ 10,378,457 31,445,126 25,514,695 44,774,048  
Variable Interest Entity, Primary Beneficiary [Member]                        
Current Assets                        
Cash and cash equivalents 79,867       102,777       79,867 102,777    
Accounts receivable, net 72,748       61,248       72,748 61,248    
Inventories 18,138,137       16,538,621       18,138,137 16,538,621    
Other current assets 48,845       12,745       48,845 12,745    
Advances to suppliers 61,739       53,168       61,739 53,168    
Total Current Assets 18,401,336       16,768,559       18,401,336 16,768,559    
Plant, Property and Equipment, Net 15,692,974       16,450,206       15,692,974 16,450,206    
Construction In Progress 68,921       48,883       68,921 48,883    
Intangible Assets, Net 10,582,658       10,736,322       10,582,658 10,736,322    
Total Assets 44,745,889       44,003,970       44,745,889 44,003,970    
Current Liabilities                        
Accounts payable 159,730       739,526       159,730 739,526    
Accrued expenses and other payables 222,871       3,086       222,871 3,086    
Amount due to related parties 43,488,198       43,142,280       43,488,198 43,142,280    
Total Current Liabilities 43,870,799       43,884,892       43,870,799 43,884,892    
Stockholders' equity 875,090       119,078       875,090 119,078    
Total Liabilities and Stockholders' Equity $ 44,745,889       $ 44,003,970       44,745,889 44,003,970    
Revenue                 4,323,514 3,684,822 3,397,520  
Expenses                 3,572,142 3,578,763 2,863,798  
Net income (loss)                 $ 751,372 $ 106,059 $ 533,722