CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2015	Jun. 30, 2015
Current Assets
Cash and cash equivalents	$ 99,567,375	$ 92,982,564
Accounts receivable, net	65,730,552	68,528,598
Amount due from related parties	150,396	0
Inventories	118,320,621	101,302,947
Prepaid expenses and other current assets	340,493	459,400
Advances to suppliers, net	47,334,873	40,910,837
Total Current Assets	331,444,310	304,184,346
Plant, Property and Equipment, Net	40,221,147	44,634,194
Other Receivables, Net of current portion	0	0
Deferred Asset, Net	30,096,510	51,527,209
Other Assets	135,128	185,480
Intangible Assets, Net	21,652,844	23,805,746
Goodwill	4,934,814	5,245,643
Total Assets	428,484,753	429,582,618
Current Liabilities
Accounts payable	2,371,069	2,372,130
Customer deposits	34,228,083	19,129,853
Accrued expenses and other payables	5,097,097	4,952,977
Amount due to related parties	2,198,219	2,068,102
Taxes payable	1,658,436	4,504,542
Short term loans	18,818,800	23,605,540
Total Current Liabilities	$ 64,371,704	$ 56,633,144
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, 36,936,088 and 35,905,198 shares issued and outstanding as of December 31, 2015 and June 30, 2015, respectively	36,936	35,905
Additional paid-in capital	125,738,089	123,360,384
Statutory reserve	26,145,838	25,030,688
Retained earnings	209,212,316	198,814,259
Accumulated other comprehensive income	2,979,870	25,708,238
Total Stockholders' Equity	364,113,049	372,949,474
Total Liabilities and Stockholders' Equity	$ 428,484,753	$ 429,582,618