Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Cash flows from operating activities
Net income	$ (34,396,679)	$ 11,517,540
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation and amortization	2,370,218	2,434,189
Gain (Loss) on disposal of property, plant and equipment	33,837	4,415
Amortization of debt discount	41,719	204,765
Issuance of common stock for consulting services fee	0	370,500
Change in fair value of derivative liability	(17,741)	(61,601)
Changes in operating assets
Accounts receivable	(12,761,497)	47,607,489
Amount due from related parties	(147,492)	227,400
Other current assets	(220,700)	1,618,463
Inventories	44,905,007	(63,386,505)
Advances to suppliers	1,307,082	(16,560,396)
Other assets	932,053	(969,558)
Changes in operating liabilities
Accounts payable	(3,495,243)	(12,851,196)
Customer deposits	1,090,142	(121,118)
Tax payables	(2,446,447)	1,157,226
Accrued expenses and other payables	705,810	1,227,568
Interest payable	25,600	137,757
Net cash provided by (used in) operating activities	(2,074,330)	(27,443,062)
Cash flows from investing activities
Purchase of plant, property, and equipment	(50,533)	(57,195)
Change in construction in process	0	16,128
Net cash provided by (used in) investing activities	(50,533)	(41,067)
Cash flows from financing activities
Proceeds from the sale of common stock	10,252,000
Proceeds from loans	287,200
Advance from related party	400,000	409,230
Repayment of loans		(189,508)
Net cash provided by (used in) financing activities	10,939,200	219,722
Effect of exchange rate change on cash and cash equivalents	(2,367,642)	(5,994,548)
Net increase in cash and cash equivalents	6,446,695	(33,258,955)
Cash and cash equivalents, beginning balance	72,259,804	150,805,639
Cash and cash equivalents, ending balance	78,706,500	117,546,683
Supplement disclosure of cash flow information
Interest expense paid	68,293	105,733
Income taxes paid	$ 108,974	$ 2,024,835