Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Cash flows from operating activities
Net income		$ 11,513,207
Adjustments to reconcile net income to net cash provided by operating activities
Issuance of common stock and stock options for compensation	1,282,949	2,378,736
Depreciation and amortization	12,115,909	21,445,891
Loss on disposal of property, plant and equipment	109,304	345
Amortization of debt discount	155,335
Change in fair value of derivative liability	(75,918)
Changes in operating assets
Accounts receivable	(13,419,107)	(1,295,393)
Amount due from related parties		(154,303)
Other current assets	(467,184)	88,817
Inventories	19,962,979	(23,618,284)
Advances to suppliers	(3,091,976)	(9,078,019)
Other assets	121,719	40,385
Changes in operating liabilities
Accounts payable	564,376	130,081
Customer deposits	(2,875,222)	16,653,368
Tax payables	(2,146,115)	(2,646,182)
Accrued expenses and other payables	(7,029,002)	228,171
Interest payable	113,352
Net cash provided by operating activities	18,178,990	15,686,820
Cash flows from investing activities
Purchase of plant, property, and equipment	(74,353)	(15,665)
Net cash used in investing activities	(74,353)	(15,665)
Cash flows from financing activities
Proceeds from the sale of common stock
Proceeds from loans		4,424,000
Repayment of loans		(7,900,000)
Advance from related party	300,000	200,000
Net cash provided by financing activities	300,000	(3,276,000)
Effect of exchange rate change on cash and cash equivalents	(4,726,271)	(5,810,344)
Net increase in cash and cash equivalents	13,678,366	6,584,811
Cash and cash equivalents, beginning balance	102,896,486	92,982,564
Cash and cash equivalents, ending balance	116,574,852	99,567,375
Supplement disclosure of cash flow information
Interest expense paid	231,791	731,679
Income taxes paid	$ 7,047,713	$ 2,763,253