Property, Plant and Equipment (Tables)

6 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant and Equipment

Property, plant and equipment, stated at cost less accumulated depreciation, consisted of the following:

	December 31, 2014			June 30, 2014
Plant and machinery	$	79,350,349		$	79,372,491
Buildings		23,997,768			24,012,468
Motor vehicles		438,922			722,018
Office equipment		556,203			556,293
Bearings		2,060,932			2,038,014
		106,404,174			106,701,284
Less: Accumulated depreciation		(57,754,808	)		(53,357,141	)
	$	48,649,366		$	53,344,143