Consolidated Balance Sheets - USD ($)	Jun. 30, 2017	Jun. 30, 2016
Current Assets
Cash and cash equivalents	$ 123,050,548	$ 102,896,486
Accounts receivable, net	140,252,335	116,573,490
Inventories	78,013,891	87,436,315
Prepaid expenses and other current assets	4,201,782	1,310,709
Amount due from related parties	1,412,844	481,886
Advances to suppliers, net	24,023,062	24,606,459
Total Current Assets	370,954,462	333,305,345
Plant, Property and Equipment, Net	34,191,332	37,569,739
Deferred Asset, Net	864,070	13,431,621
Other Assets	279,031	379,047
Other Non-current Assets	17,829,621	0
Intangible Assets, Net	22,911,876	23,840,048
Goodwill	8,651,238	7,980,838
Total Assets	455,681,630	416,506,638
Current Liabilities
Accounts payable	19,643,897	5,246,153
Customer deposits	7,046,570	6,320,841
Accrued expenses and other payables	9,135,313	16,396,003
Amount due to related parties	3,071,102	2,473,004
Taxes payable	2,690,407	4,104,218
Short term loans	7,678,111	4,665,500
Interest payable	256,904	0
Derivative liability	195,812	144,818
Total Current Liabilities	49,718,116	39,350,537
Long-term Liabilities
Long-term loan	3,549	0
Convertible notes payable	8,431,912	6,671,769
Total Liabilities	58,153,577	46,022,306
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 June 30, 2017 and June 30, 2016, respectively	38,551	37,648
Additional paid-in capital	128,915,651	127,593,932
Statutory reserve	28,962,302	27,203,861
Retained earnings	244,738,993	221,345,279
Accumulated other comprehensive income	(5,127,444)	(5,696,388)
Total Stockholders' Equity	397,528,052	370,484,332
Total Liabilities and Stockholders' Equity	$ 455,681,629	$ 416,506,638