INTANGIBLE ASSETS (Tables)

6 Months Ended

Dec. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Impaired Intangible Assets [Table Text Block]

Intangible assets consisted of the following:

	December 31,		June 30,
	2015		2015
Land use rights, net	$	10,746,369	$	11,554,776
Technology patent, net		118,067		251,008
Customer relationships, net		4,520,608		5,337,372
Trademarks		6,267,800		6,662,590
Total	$	21,652,844	$	23,805,746

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 December 31, 2015, are as follows:

AMORTIZATION TABLE

Year Ends	Expense ($)
December 31, 2016		1,370,136
December 31, 2017		1,252,069
December 31, 2018		1,252,069
December 31, 2019		1,252,069
December 31, 2020		751,569

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:

	December 31,		June 30,
	2015		2015
Land use rights	$	12,553,455	$	13,344,160
Less: accumulated amortization		(1,807,086)		(1,789,384)
Total land use rights, net	$	10,746,369	$	11,554,776

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:

	December 31,		June 30,
	2015		2015
Technology know-how	$	2,321,561	$	2,467,789
Less: accumulated amortization		(2,203,494)		(2,216,781)
Total technology know-how, net	$	118,067	$	251,008

Customer Relationships [Member]

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Impaired Intangible Assets [Table Text Block]

	December 31,		June 30,
	2015		2015
Customer relationships	$	10,010,000	$	10,640,500
Less: accumulated amortization		(5,489,392)		(5,303,128)
Total customer relationships, net	$	4,520,608	$	5,337,372