Consolidated Balance Sheets (Unaudited) - USD ($)	Dec. 31, 2017	Jun. 30, 2017
Current Assets
Cash and cash equivalents	$ 145,417,158	$ 123,050,548
Accounts receivable, net	120,551,994	140,252,335
Inventories	105,613,585	78,013,891
Prepaid expenses and other current assets	3,709,791	4,201,782
Amount due from related parties	1,565,196	1,412,844
Advances to suppliers, net	20,821,812	24,023,062
Total Current Assets	397,679,536	370,954,462
Plant, Property and Equipment, Net	33,227,748	34,191,332
Deferred Asset, Net	0	864,070
Other Assets	296,256	279,031
Other Non-current Assets	17,201,354	17,829,621
Intangible Assets, Net	21,527,536	22,911,876
Goodwill	8,290,857	8,651,238
Total Assets	478,223,287	455,681,630
Current Liabilities
Accounts payable	22,783,659	19,643,897
Customer deposits	6,935,326	7,046,570
Accrued expenses and other payables	10,140,609	9,135,312
Amount due to related parties	3,288,189	3,071,102
Taxes payable	2,180,995	2,690,407
Short term loans	6,285,300	7,678,111
Interest payable	324,230	256,904
Derivative liability	70,184	195,812
Total Current Liabilities	52,008,492	49,718,116
Long-term Liabilities
Long-term loan	0	3,549
Convertible notes payable	7,268,851	8,431,912
Total Liabilities	59,277,343	58,153,577
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, 38,551,265 shares issued and outstanding as of December 31, 2017 and June 30, 2017, respectively	38,551	38,551
Additional paid-in capital	128,915,651	128,915,651
Statutory reserve	30,104,103	28,962,302
Retained earnings	256,518,126	244,738,993
Accumulated other comprehensive income	3,369,512	(5,127,444)
Total Stockholders' Equity	418,945,944	397,528,052
Total Liabilities and Stockholders' Equity	$ 478,223,287	$ 455,681,629