Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash flows from operating activities
Net income	$ 7,351,580	$ 7,245,672
Adjustments to reconcile net income to net cash provided by operating activities
Issuance of common stock and stock options for compensation	143,151	1,122,228
Depreciation and amortization	7,380,446	11,022,885
Loss on disposal of property, plant and equipment	1,706	349
Amortization of debt discount	77,963
Change in fair value of derivative liability	(12,731)
Changes in operating assets
Accounts receivable	40,507	(1,617,744)
Other current assets	(556,857)	42,097
Inventories	8,043,544	(8,249,452)
Advances to suppliers	(4,494,718)	(30,383,448)
Other assets	8,425	22,860
Changes in operating liabilities
Accounts payable	701,559	595,769
Customer deposits	(4,126,961)	30,922,425
Tax payables	(3,537,594)	(3,950,618)
Accrued expenses and other payables	(5,931,180)	283,090
Interest payable	57,373
Net cash provided by operating activities	5,146,213	7,056,113
Cash flows from investing activities
Purchase of plant, property, and equipment	(71,470)	(2,590)
Net cash used in investing activities	(71,470)	(2,590)
Cash flows from financing activities
Proceeds from the sale of common stock
Proceeds from loans	1,499,940	3,192,000
Repayment of loans	(1,499,940)	(5,107,200)
Advance from related party	300,000
Net cash provided by (used in) financing activities	300,000	(1,915,200)
Effect of exchange rate change on cash and cash equivalents	(150,170)	(3,759,955)
Net increase in cash and cash equivalents	5,224,573	1,378,368
Cash and cash equivalents, beginning balance	102,896,486	92,982,564
Cash and cash equivalents, ending balance	108,121,059	94,360,932
Supplement disclosure of cash flow information
Interest expense paid	117,506	429,035
Income taxes paid	$ 6,724,632	$ 5,728,060