Consolidated Balance Sheets - USD ($)	Dec. 31, 2019	Jun. 30, 2019
Current Assets
Cash and cash equivalents	$ 78,706,500	$ 72,259,804
Accounts receivable, net	156,080,809	145,190,160
Inventories	114,448,765	162,013,889
Prepaid expenses and other current assets	2,961,071	2,776,370
Amount due from related parties	148,919	0
Advances to suppliers, net	30,944,718	32,713,817
Total Current Assets	383,290,781	414,954,039
Plant, Property and Equipment, Net	24,771,055	26,669,938
Other Assets	264,227	267,907
Other Non-current Assets	12,228,155	13,352,645
Intangible Assets, Net	16,792,061	17,881,449
Goodwill	7,766,256	7,874,421
Total Assets	445,112,535	481,000,399
Current Liabilities
Accounts payable	15,217,368	19,004,548
Customer deposits	7,525,826	6,514,619
Accrued expenses and other payables	12,337,339	12,029,722
Amount due to related parties	4,027,537	3,641,945
Taxes payable	28,855,322	31,357,690
Short term loans	3,877,200	3,640,000
Interest payable	736,668	720,720
Derivative liability	0	18,162
Convertible notes payable	1,855,770	7,517,307
Total Current Liabilities	74,433,031	84,444,714
Long-term Liabilities
Total Liabilities	74,433,031	84,444,714
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, 6,350,129 and 3,986,912 shares issued and outstanding as of December 31, 2019 and June 30, 2019, respectively	5,972	3,987
Additional paid-in capital	153,567,460	138,012,445
Statutory reserve	30,691,515	31,237,891
Retained earnings	213,272,271	247,122,574
Accumulated other comprehensive income	(26,857,714)	(19,821,211)
Total Stockholders' Equity	370,679,505	396,555,686
Total Liabilities and Stockholders' Equity	$ 445,112,535	$ 481,000,399