Consolidated Balance Sheets - USD ($)	Mar. 31, 2017	Jun. 30, 2016
Current Assets
Cash and cash equivalents	$ 118,259,995	$ 102,896,486
Accounts receivable, net	154,950,404	117,055,376
Inventories	46,418,945	87,436,315
Prepaid expenses and other current assets	1,801,665	1,329,098
Advances to suppliers, net	28,540,308	26,863,959
Total Current Assets	349,971,317	335,581,234
Plant, Property and Equipment, Net	33,909,365	37,569,739
Deferred Asset, Net	1,967,215	13,431,621
Other Assets	262,881	379,047
Other Non-current Assets	9,920,596
Intangible Assets, Net	22,589,546	23,840,048
Goodwill	8,356,291	7,980,838
Total Assets	426,977,211	418,782,527
Current Liabilities
Accounts payable	11,783,861	5,246,153
Customer deposits	6,555,693	8,578,341
Accrued expenses and other payables	8,451,805	16,414,392
Amount due to related parties	3,034,201	2,473,004
Taxes payable	3,379,961	4,104,218
Short term loans	5,965,201	4,665,500
Interest payable	297,121
Derivative liability	52,768	144,818
Total Current Liabilities	39,520,611	41,626,426
Long-term Liabilities
Long-term loan	3,428
Convertible notes payable, Net	8,167,929	6,671,769
Total Liabilities	8,171,357	6,671,769
Stockholders' Equity
Preferred Stock, $.001 par value, 20,000,000 shares authorized, zero shares issued and outstanding
Common stock, $.001 par value, 115,197,165 shares authorized, 38,535,161 and 36,978,605 shares issued and outstanding as of March 31, 2017 and June 30, 2016, respectively	38,535	37,648
Additional paid-in capital	128,896,690	127,593,932
Statutory reserve	28,872,126	27,203,861
Retained earnings	240,726,280	221,345,279
Accumulated other comprehensive income	(19,248,388)	(5,696,388)
Total Stockholders' Equity	379,285,243	370,484,332
Total Liabilities and Stockholders' Equity	$ 426,977,211	$ 418,782,527