CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2016	Jun. 30, 2015
Current Assets
Cash and cash equivalents	$ 90,470,157	$ 92,982,564
Accounts receivable, net	74,730,414	68,528,598
Amount due from related parties	613,452	0
Inventories	108,506,803	101,302,947
Prepaid expenses and other current assets	482,232	459,400
Advances to suppliers, net	37,331,983	40,910,837
Total Current Assets	312,135,041	304,184,346
Plant, Property and Equipment, Net	39,578,484	44,634,194
Other Receivables, Net of current portion	0	0
Deferred Asset, Net	21,661,860	51,527,209
Other Assets	122,353	185,480
Intangible Assets, Net	21,433,707	23,805,746
Goodwill	4,970,063	5,245,643
Total Assets	399,901,508	429,582,618
Current Liabilities
Accounts payable	2,599,720	2,372,130
Customer deposits	5,380,817	19,129,853
Accrued expenses and other payables	5,334,105	4,952,977
Amount due to related parties	2,206,144	2,068,102
Taxes payable	3,850,312	4,504,542
Short term loans	4,808,100	23,605,540
Total Current Liabilities	$ 24,179,198	$ 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, 36,978,605 and 35,905,198 shares issued and outstanding as of March 31, 2016 and June 30, 2015, respectively	36,978	35,905
Additional paid-in capital	126,373,464	123,360,384
Statutory reserve	26,708,547	25,030,688
Retained earnings	216,901,378	198,814,259
Accumulated other comprehensive income	5,701,943	25,708,238
Total Stockholders' Equity	375,722,310	372,949,474
Total Liabilities and Stockholders' Equity	$ 399,901,508	$ 429,582,618