ACCOUNTS RECEIVABLE, NET

12 Months Ended

Jun. 30, 2015

Accounts Receivable and Payable [Abstract]

Accounts Receivable Net Disclosure [Text Block]

5. ACCOUNTS RECEIVABLE, NET

The Company’s net accounts receivable is as follows:

	June 30,		June 30,
	2015		2014
Trade accounts receivable	$	3,559,459	$	925,743
Less: allowances for doubtful accounts		(477,240)		(443,858)
Accounts receivables, net	$	3,082,219	$	481,885

In September 2015, the Company collected RMB 2 million from a major customer to reduce the outstanding trade receivables.