Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Cash flows from operating activities
Net income	$ (7,315,799)	$ 9,011,805
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation and amortization	1,188,190	1,226,500
Gain (Loss) on disposal of property, plant and equipment	33,435	4,451
Amortization of debt discount	20,899	103,219
Change in fair value of derivative liability	(15,104)	(101,807)
Changes in operating assets
Accounts receivable	429,665	31,722,160
Amount due from related parties	(80,911)	(22,165)
Other current assets	(652,477)	1,012,668
Inventories	8,879,490	(34,434,298)
Advances to suppliers	2,317,991	5,850,761
Other assets	454,095	(1,472,705)
Changes in operating liabilities
Accounts payable	(924,134)	(3,737,493)
Customer deposits	(92,725)	(1,218,707)
Tax payables	(1,674,708)	(457,945)
Accrued expenses and other payables	505,315	962,954
Interest payable	6,412	69,442
Net cash provided by (used in) operating activities	3,079,634	8,518,839
Cash flows from investing activities
Purchase of plant, property, and equipment	(11,401)	(31,273)
Change in construction in process	(7,195)
Net cash provided by (used in) investing activities	(18,596)	(31,273)
Cash flows from financing activities
Proceeds from the sale of common stock	10,252,000
Proceeds from loans	279,600
Advance from related party	200,000
Repayment of loans		(191,056)
Net cash provided by (used in) financing activities	10,731,600	(191,056)
Effect of exchange rate change on cash and cash equivalents	(3,098,502)	(5,947,491)
Net increase in cash and cash equivalents	10,694,136	2,349,019
Cash and cash equivalents, beginning balance	72,259,804	150,805,639
Cash and cash equivalents, ending balance	82,953,941	153,154,657
Supplement disclosure of cash flow information
Interest expense paid	70,789	106,597
Income taxes paid	$ 2,661,878	$ 2,118,026