Consolidated Balance Sheets - USD ($)	Dec. 31, 2018	Jun. 30, 2018
Current Assets
Cash and cash equivalents	$ 117,546,683	$ 150,805,639
Accounts receivable, net	120,505,844	174,460,937
Inventories	115,013,591	53,784,814
Prepaid expenses and other current assets	3,173,718	2,945,247
Amount due from related parties	0	235,551
Advances to suppliers, net	40,777,894	25,194,463
Total Current Assets	397,017,730	407,426,651
Plant, Property and Equipment, Net	28,227,394	30,894,683
Other Assets	267,539	294,550
Other Non-current Assets	14,311,626	15,885,696
Intangible Assets, Net	18,710,644	20,317,914
Goodwill	7,863,605	8,166,467
Total Assets	466,398,538	482,985,960
Current Liabilities
Accounts payable	13,312,634	27,128,921
Customer deposits	6,862,214	7,251,967
Accrued expenses and other payables	11,286,369	10,207,058
Amount due to related parties	3,640,504	3,271,619
Taxes payable	31,071,532	29,952,206
Short term loans	4,362,000	4,726,300
Interest payable	582,327	462,060
Derivative liability	2,248	66,143
Total Current Liabilities	71,119,828	83,066,274
Long-term Liabilities
Convertible notes payable	7,302,743	7,371,899
Total Liabilities	78,422,571	90,438,173
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, 39,546,945 and 38,896,945, shares issued and outstanding as of December 31, 2018 and June 30, 2018, respectively	39,547	38,897
Additional paid-in capital	129,706,886	129,337,035
Statutory reserve	31,399,827	30,947,344
Retained earnings	246,887,783	235,822,726
Accumulated other comprehensive income	(20,058,076)	(3,598,215)
Total Stockholders' Equity	387,975,967	392,547,787
Total Liabilities and Stockholders' Equity	$ 466,398,538	$ 482,985,960