Consolidated Balance Sheets - USD ($)	Jun. 30, 2022	Jun. 30, 2021
Current Assets
Cash and cash equivalents	$ 57,770,303	$ 18,340,378
Accounts receivable, net	28,792,891	67,422,866
Inventories, net	42,198,186	57,634,145
Prepaid expenses and other current assets	4,285,198	7,616,115
Amount due from related parties	13,064	42,757
Advances to suppliers, net	20,711,891	23,607,209
Current Assets of discontinued VIEs		43,050,718
Total Current Assets	153,771,533	217,714,188
Plant, property and equipment, net	18,870,152	22,082,354
Other assets	10,600	497,365
Other non-current assets	7,527,422	9,888,518
Intangible assets, net	14,935,488	15,734,438
Goodwill
Noncurrent assets of discontinued VIEs		811,875
Total Assets	195,115,195	266,728,738
Current Liabilities
Accounts payable	1,670,655	2,132,530
Customer deposits	7,994,669	6,090,156
Accrued expenses and other payables	13,734,764	12,855,251
Amount due to related parties	5,192,496	4,976,689
Taxes payable	26,954,838	26,991,503
Short term loans	4,031,100	4,179,600
Interest payable	765,909	794,124
Current liabilities of discontinued VIEs		21,198,032
Total Current Liabilities	60,344,431	79,217,885
Total Liabilities	60,344,431	79,217,885
Commitments and Contingencies
Stockholders’ Equity
Preferred Stock, $.001 par value, 20,000,000 shares authorized, 0 shares issued and outstanding as of June 30, 2022 and June 30, 2021, respectively
Common stock, $.001 par value, 115,197,165 shares authorized, 12,141,467 and 8,487,629 shares issued and outstanding as of June 30, 2022 and June 30, 2021, respectively	12,141	8,488
Additional paid-in capital	224,676,686	170,223,195
Statutory reserve	26,870,968	27,673,245
Retained earnings	(103,374,589)	(5,812,533)
Accumulated other comprehensive income (loss)	(13,414,442)	(4,581,541)
Total Stockholders’ Equity	134,770,764	187,510,853
Total Liabilities and Stockholders’ Equity	$ 195,115,195	$ 266,728,738