Consolidated Balance Sheets (Unaudited) - USD ($)	Mar. 31, 2020	Jun. 30, 2019
Current Assets
Cash and cash equivalents	$ 41,311,137	$ 72,259,804
Accounts receivable, net	166,452,189	145,190,160
Inventories	62,234,682	162,013,889
Prepaid expenses and other current assets	3,363,721	2,776,370
Advances to suppliers, net	62,935,130	32,713,817
Total Current Assets	336,296,859	414,954,039
Plant, Property and Equipment, Net	23,595,885	26,669,938
Other Assets	259,627	267,907
Other Non-current Assets	11,387,890	13,352,645
Intangible Assets, Net	16,103,409	17,881,449
Goodwill	7,631,050	7,874,421
Total Assets	395,274,720	481,000,399
Current Liabilities
Accounts payable	20,310,699	19,004,548
Customer deposits	7,713,614	6,514,619
Accrued expenses and other payables	12,287,124	12,029,722
Amount due to related parties	4,209,526	3,641,945
Taxes payable	30,627,985	31,357,690
Short term loans	3,809,700	3,640,000
Interest payable	723,843	720,720
Derivative liability		18,162
Convertible notes payable		7,517,307
Total Current Liabilities	79,682,492	84,444,714
Long-term Liabilities
Total Liabilities	79,682,492	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 March 31, 2020 and June 30, 2019, respectively	6,350	3,987
Additional paid-in capital	155,455,332	138,012,445
Statutory reserve	30,240,593	31,237,891
Retained earnings	163,500,883	247,122,574
Accumulated other comprehensive income	(33,610,930)	(19,821,211)
Total Stockholders' Equity	315,592,228	396,555,686
Total Liabilities and Stockholders' Equity	$ 395,274,720	$ 481,000,399