Loan Payables (Tables)

6 Months Ended

Dec. 31, 2016

Loan Payables [Abstract]

Summary of loan payables

No.	Payee	Loan period per agreement	Interest Rate			December 31, 2016
1	Agriculture Bank of China-Pinggu Branch	May 18, 2016 – Mar. 17, 2017		4.87	%	$	1,871,909
2	Agriculture Bank of China-Pinggu Branch	Jan. 19, 2016 – Jan. 17, 2017		5.00	%		1,151,944
3	Beijing Bank-Pinggu Branch	July 28, 2016 – July 28, 2017		5.22	%		1,439,930
	Total					$	4,463,783

No.	Payee	Loan period per agreement	Interest Rate			June 30, 2016
1	Agriculture Bank of China-Pinggu Branch	May. 18, 2016 – Mar. 17, 2017		4.87	%	$	1,956,500
2	Beijing Bank-Pinggu Branch	Aug. 11, 2015 – Aug. 2, 2016		5.82	%		1,505,000
3	Agriculture Bank of China-Pinggu Branch	Jan. 19, 2016 – Jan. 17, 2017		5.00	%		1,204,000
	Total					$	4,665,500