Consolidated Balance Sheets - USD ($)	Mar. 31, 2019	Jun. 30, 2018
Current Assets
Cash and cash equivalents	$ 69,242,037	$ 150,805,639
Accounts receivable, net	154,557,359	174,460,937
Inventories	132,579,212	53,784,814
Prepaid expenses and other current assets	4,887,732	2,945,247
Amount due from related parties	0	235,551
Advances to suppliers, net	51,055,495	25,194,463
Total Current Assets	412,321,835	407,426,651
Plant, Property and Equipment, Net	28,120,511	30,894,683
Other Assets	274,163	294,550
Other Non-current Assets	14,164,932	15,885,696
Intangible Assets, Net	18,736,458	20,317,914
Goodwill	8,058,302	8,166,467
Total Assets	481,676,201	482,985,960
Current Liabilities
Accounts payable	9,436,035	27,128,921
Customer deposits	7,793,572	7,251,967
Accrued expenses and other payables	11,218,642	10,207,058
Amount due to related parties	3,666,440	3,271,619
Taxes payable	33,176,555	29,952,206
Short term loans	4,470,000	4,726,300
Interest payable	667,148	462,060
Derivative liability	1,690	66,143
Total Current Liabilities	70,430,082	83,066,274
Long-term Liabilities
Convertible notes payable	7,588,201	7,371,899
Total Liabilities	78,018,283	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 March 31, 2019 and June 30, 2018, respectively	39,547	38,897
Additional paid-in capital	129,706,886	129,337,035
Statutory reserve	31,196,016	30,947,344
Retained earnings	252,209,492	235,822,726
Accumulated other comprehensive income	(9,494,023)	(3,598,215)
Total Stockholders' Equity	403,657,917	392,547,787
Total Liabilities and Stockholders' Equity	$ 481,676,201	$ 482,985,960