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<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS</b></p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">China Green Agriculture, Inc. (the “Company”, “Parent Company” or “Green Nevada”), through its subsidiaries, is engaged in the research, development, production, distribution and sale of humic acid-based compound fertilizer, compound fertilizer, blended fertilizer, organic compound fertilizer, slow-release fertilizers, highly-concentrated water-soluble fertilizers and mixed organic-inorganic compound fertilizer and the development, production and distribution of agricultural products.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">Unless the context indicates otherwise, as used in the notes to the financial statements of the Company, the following are the references herein of all the subsidiaries of the Company (i) Green Agriculture Holding Corporation (“Green New Jersey”), a wholly-owned subsidiary of Green Nevada incorporated in the State of New Jersey; (ii) Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. (“Jinong”), a wholly-owned subsidiary of Green New Jersey organized under the laws of the PRC; (iii) Xi’an Jintai Agriculture Technology Development Company (“Jintai”), wholly-owned subsidiary of Jinong in the PRC, (iv) Xi’an Hu County Yuxing Agriculture Technology Development Co., Ltd. (“Yuxing”), a wholly-owned subsidiary of Jinong in the PRC; (v) Beijing Gufeng Chemical Products Co., Ltd., a wholly-owned subsidiary of Jinong in the PRC (“Gufeng”), and (vi) Beijing Tianjuyuan Fertilizer Co., Ltd., Gufeng’s wholly-owned subsidiary in the PRC (“Tianjuyuan”).</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">The Company’s corporate structure as of March 31, 2013 is set forth in the diagram below:</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>NOTE 2 - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</b></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><u>Principle of consolidation</u></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, Green New Jersey, Jinong, Jintai, Yuxing, Gufeng and Tianjuyuan. All significant inter-company accounts and transactions have been eliminated in consolidation.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><u>Use of estimates</u></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (“US GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the amount of revenues and expenses during the reporting periods. Management makes these estimates using the best information available at the time the estimates are made. However, actual results could differ materially from those results.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><u>Recent accounting pronouncements</u></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">On July 27, 2012, the FASB issued ASU 2012-02, Intangibles-Goodwill and Other (Topic 350) - Testing Indefinite-Lived Intangible Assets for Impairment. The ASU provides entities with an option to first assess qualitative factors to determine whether events or circumstances indicate that it is more likely than not that the indefinite-lived intangible asset is impaired. If an entity concludes that it is more than 50% likely that an indefinite-lived intangible asset is not impaired, no further analysis is required. However, if an entity concludes otherwise, it would be required to determine the fair value of the indefinite-lived intangible asset to measure the amount of actual impairment, if any, as currently required under US GAAP. The ASU is effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012. Early adoption is permitted. The adoption of this pronouncement is not expected to have a material impact on the Company’s financial statements.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">In February 2013, the FASB issued ASU No. 2013-02, which amends the authoritative accounting guidance under ASC Topic 220 “Comprehensive Income.” The amendments do not change the current requirements for reporting net income or other comprehensive income in financial statements. However, the amendments require an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, an entity is required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under US GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts that are not required under US GAAP to be reclassified in their entirety to net income, an entity is required to cross-reference to other disclosures required under US GAAP that provide additional detail about those amounts. The amendments in this update are effective prospectively for reporting periods beginning after December 15, 2013. Early adoption is permitted. Adoption of this update is not expected to have a material effect on the Company’s consolidated results of operations or financial condition.</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">In March 2013, the FASB issued guidance on a parent company’s accounting for the cumulative translation adjustment upon derecognition of a subsidiary or group of assets within a foreign entity. This new guidance requires that the parent company releases any related cumulative translation adjustment into net income only if the sale or transfer results in the complete or substantially complete liquidation of the foreign entity in which the subsidiary or group of assets had resided. The new guidance will be effective for us beginning July 1, 2014. The adoption of this pronouncement is not expected to have a material impact on the Company’s financial statements.</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>NOTE 3 - EARNINGS PER SHARE</b></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">Basic earnings per share is computed based on the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share is computed based on the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding stock options and stock awards.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">The components of basic and diluted earnings per share consist of the following:</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 96%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid;" colspan="6" nowrap="nowrap">For the Three Months Ended March 31,</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid;" colspan="6" nowrap="nowrap">For the Nine Months Ended March 31,</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap">2013</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap">2012</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap">2013</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap">2012</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; width: 44%;">Net Income for Basic Earnings Per Share</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 10%;">13,410,659</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 10%;">12,374,361</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 10%;">30,513,387</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 10%;">30,849,875</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt;">Basic Weighted Average Number of Shares</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">27,939,780</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">26,960,277</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">27,682,345</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">26,919,678</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt;">Net Income per Share – Basic</td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">0.48</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">0.46</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">1.10</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">1.15</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt;">Net Income for Diluted Earnings Per Share</td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">13,410,659</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">12,374,361</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">30,513,387</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">30,849,875</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt;">Diluted Weighted Average Number of Shares</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">27,939,780</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">26,960,277</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">27,682,345</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">26,919,678</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt;">Net Income Per Share – Diluted</td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">0.48</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">0.46</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">1.10</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">1.15</td>
<td style="text-align: left;"> </td>
</tr>
</table>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>NOTE 4 – INVENTORIES</b></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Inventories consist of the following:</p>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 80%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td> </td>
<td> </td>
<td style="text-align: center;" colspan="2">March 31,</td>
<td> </td>
<td> </td>
<td style="text-align: center;" colspan="2">June 30,</td>
<td> </td>
</tr>
<tr style="vertical-align: bottom;">
<td> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2">2013</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2">2012</td>
<td style="padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; width: 62%;">Raw materials</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">10,295,374</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">6,009,686</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt;">Supplies and packing materials</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">577,949</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">565,559</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt;">Work in progress</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">318,774</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">127,140</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt;">Finished goods</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">36,863,113</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">21,900,299</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt;">Total</td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">48,055,210</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">28,602,684</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
</tr>
</table>
<p style="text-align: justify; text-indent: 0px; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>NOTE 5 – OTHER CURRENT ASSETS</b></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Other current assets consisted of the following:</p>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 50%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap">March 31,</td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap">June 30,</td>
<td nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap">2013</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap">2012</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 1pt; padding-left: 0.85pt; width: 56%;">Advancement</td>
<td style="padding-bottom: 1pt; width: 2%;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left; width: 1%;">$</td>
<td style="border-bottom: black 1pt solid; text-align: right; width: 18%;">502,886</td>
<td style="text-align: left; padding-bottom: 1pt; width: 1%;"> </td>
<td style="padding-bottom: 1pt; width: 2%;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left; width: 1%;">$</td>
<td style="border-bottom: black 1pt solid; text-align: right; width: 18%;">299,526</td>
<td style="text-align: left; padding-bottom: 1pt; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt;">Total</td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">502,886</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">299,526</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
</tr>
</table>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">Advancement represents advances made to non-related parties and employees. The amounts were unsecured, interest free, and due on demand.</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>NOTE 6 – PROPERTY, PLANT AND EQUIPMENT</b></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">Property, plant and equipment consist of the following:</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 65%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap">March 31,</td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap">June 30,</td>
<td nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap">2013</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap">2012</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; width: 62%;">Building and improvements</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">35,432,738</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">36,174,009</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt;">Auto</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">719,151</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">835,412</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt;">Machinery and equipment</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">79,664,618</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">63,280,923</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt;">Agriculture assets</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">3,183,253</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">3,163,286</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt;">Total property, plant and equipment</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">118,999,760</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">103,453,630</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt;">Less: accumulated depreciation</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(32,425,817</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(23,388,469</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt;">Total</td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">86,573,943</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">80,065,161</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
</tr>
</table>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">Depreciation expenses for the three months ended March 31, 2013 and 2012 were $3,622,264 and $1,176,912, respectively. Depreciation expenses for the nine months ended March 31, 2013 and 2012 were $8,850,655 and $3,524,788, respectively.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">Agriculture assets consist of reproductive trees that are expected to be commercially productive for a period of eight years.</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>NOTE 7 - CONSTRUCTION IN PROGRESS</b></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">As of March 31, 2013 and June 30, 2012, construction in progress representing construction for Yuxing’s supporting facilities amounted to $186,142 and $0, respectively. The Company estimates that such construction will be completed by the fiscal year ended June 30, 2013 and the total cost should not exceed RMB 2 million (approximately $315,000).</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>NOTE 8 - INTANGIBLE ASSETS</b></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Intangible assets consist of the following:</p>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 60%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap">March 31,</td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap">June 30,</td>
<td nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap">2013</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap">2012</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; width: 62%;">Land use rights, net</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">11,827,575</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">11,014,591</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt;">Technology patent, net</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">794,344</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,902,131</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt;">Customer relationships, net</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">7,528,397</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">8,253,368</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt;">Non-compete agreement</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">94,684</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">125,453</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 1pt; padding-left: 0.85pt;">Trademarks</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">6,363,017</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">6,323,098</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt;">Total</td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">26,608,017</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">27,618,641</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
</tr>
</table>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">LAND USE RIGHT</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">On September 25, 2009, Yuxing was granted a land use right for approximately 88 acres (353,000 square meters or 3.8 million square feet) by the People’s Government and Land & Resources Bureau of Hu County, Xi’an, Shaanxi Province. The fair value of the related intangible asset was determined to be the respective cost of RMB 73,184,895 (or $11,599,806). The intangible asset is being amortized over the grant period of 50 years using the straight line method.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">On August 13, 2003, Tianjuyuan was granted a certificate of Land Use Right for a parcel of land of approximately 11 acres (42,726 square meters or 459,898 square feet) at Ping Gu District, Beijing. The purchase cost was recorded at RMB1, 045,950 (or $165,783). The intangible asset is being amortized over the grant period of 50 years.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">On August 16, 2001, Jinong received a land use right as a contribution from a shareholder, which was granted by the People’s Government and Land & Resources Bureau of Yangling District, Shaanxi Province. The fair value of the related intangible asset at the time of the contribution was determined to be RMB 7,285,099 (or $1,154,688). The intangible asset is being amortized over the grant period of 50 years.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The Land Use Rights consist of the following:</p>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 60%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap">March 31,</td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap">June 30,</td>
<td nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap">2013</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap">2012</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; width: 62%;">Land use rights</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">12,993,641</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">12,912,125</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt;">Less: accumulated amortization</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(1,166,066</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(1,897,534</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0.85pt;">Total land use rights, net</td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">11,827,575</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">11,014,591</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
</tr>
</table>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">TECHNOLOGY PATENT</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">On August 16, 2001, Jinong was issued a technology patent related to a proprietary formula used in the production of humid acid. The fair value of the related intangible asset was determined to be the respective cost of RMB 5,875,068 (or $931,198) and is being amortized over the patent period of 10 years using the straight line method.</p>
<p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">On July 2, 2010, the Company acquired Gufeng and its wholly-owned subsidiary Tianjuyuan. The preliminary fair value on the acquired technology patent was estimated to be RMB 9,200,000 (or $1,458,200) and is amortized over the remaining useful life of six years using the straight line method.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The technology know-how consisted of the following:</p>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 65%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>March 31,</b></td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>June 30,</b></td>
<td nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap"><b>2013</b></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap"><b>2012</b></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; width: 62%;">Technology know-how</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">2,402,966</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">2,387,891</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt;">Less: accumulated amortization</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(1,608,622</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(485,760</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0.85pt;">Total technology know-how, net</td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">794,344</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">1,902,131</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
</tr>
</table>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">CUSTOMER RELATIONSHIP</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">On July 2, 2010, the Company acquired Gufeng and its wholly-owned subsidiary Tianjuyuan. The preliminary fair value on the acquired customer relationships was estimated to be RMB 65,000,000 (or $10,302,500) and is amortized over the remaining useful life of 10 years.</p>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 65%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>March 31,</b></td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>June 30,</b></td>
<td nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap"><b>2013</b></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap"><b>2012</b></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; width: 62%;">Customer relationships</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">10,361,000</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">10,296,000</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt;">Less: accumulated amortization</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(2,832,603</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(2,042,632</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0.85pt;">Total customer relationships, net</td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">7,528,397</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">8,253,368</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
</tr>
</table>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">NON-COMPETE AGREEMENT</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">On July 2, 2010, the Company acquired Gufeng and its wholly-owned subsidiary Tianjuyuan. The preliminary fair value on the acquired non-compete agreement was estimated to be RMB1,320,000 (or $209,220) and is amortized over the remaining useful life of five years using the straight line method.</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 65%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>March 31,</b></td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>June 30,</b></td>
<td nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap"><b>2013</b></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap"><b>2012</b></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; width: 62%;">Non-compete agreement</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">210,408</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">209,088</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt;">Less: accumulated amortization</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(115,724</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(83,635</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0.85pt;">Total non-compete agreement, net</td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">94,684</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">125,453</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
</tr>
</table>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">TRADEMARKS</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">On July 2, 2010, the Company acquired Gufeng and its wholly-owned subsidiary Tianjuyuan. The preliminary fair value on the acquired trademarks was estimated to be RMB 40,700,000 (or $6,327,090), and is subject to an annual impairment test.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">AMORTIZATION EXPENSE</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">Total amortization expenses of intangible assets for the three months ended March 31, 2013 and 2012 amounted to $393,942 and $507,250, respectively. Total amortization expenses of intangible assets for the nine months ended March 31, 2013 and 2012 amounted to $1,179,780 and $1,170,692, respectively.</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">Estimated amortization expenses of intangible assets for the next five (5) twelve-month periods ended March 31, are as follows:</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 60%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; width: 81%;">March 31, 2014</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;"> </td>
<td style="text-align: right; width: 15%;">1,582,468</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt;">March 31, 2015</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,582,468</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt;">March 31, 2016</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,550,906</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt;">March 31, 2017</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,357,077</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt;">March 31, 2018</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,295,973</td>
<td style="text-align: left;"> </td>
</tr>
</table>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>NOTE 9 - ACCRUED EXPENSES AND OTHER PAYABLES</b></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">Accrued expenses and other payables consist of the following:</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 65%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>March 31,</b></td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>June 30,</b></td>
<td nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap"><b>2013</b></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap"><b>2012</b></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; width: 62%;">Payroll payable</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">206,940</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">127,149</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt;">Welfare payable</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">169,212</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">168,150</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt;">Accrued expenses</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">2,719,085</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">2,827,028</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt;">Other payables</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">878,996</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,045,010</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt;">Other levy payable</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">123,688</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">122,912</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt;">Total</td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">4,097,921</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">4,290,249</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
</tr>
</table>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>NOTE 10 - AMOUNT DUE TO RELATED PARTIES</b></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">As of March 31, 2013 and June 30, 2012, the amount due to related parties was $1,186,723 and $370,719, respectively.  These amounts represent unsecured, non-interest bearing loans that are due on demand.  These loans are not subject to written agreements.</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">During the quarter ended September 30, 2012, the Company entered into a related party transaction to borrow $1,115,800 (RMB 7,000,000) from Xi’an Techteam Science and Technology (Group) Co., Ltd, a company controlled by Mr. Tao Li, Green Nevada’s Chairman, President and CEO. The amount borrowed is non interest bearing and does not contain a specific maturity date.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">On August 10, 2010, Xi’an Hu County Yuxing Agriculture Technology Development Co., Ltd (“Yuxing”) which is a subsidiary of the Company, entered into an agreement with Xi’an Kingtone Information Co., Ltd. (“Kingtone Information”) which was responsible for developing certain electronic control systems for Yuxing. Kingtone Information is a Variable Interest Entity controlled by Kingtone Wirelessinfo Solution Holding Ltd. (Nasdaq: KONE), whose Chairman and majority shareholder is Mr. Tao Li, Green Nevada’s Chairman, President and CEO. The total contracted value of this agreement, including value-added taxes and other taxes, is RMB 3,030,000, or approximately $480,255. The performance of the agreement has not been completed due to force majeure arising from the relocation of Jintai and the concurrent construction in Yuxing.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">On June 29, 2012, Jinong signed an office lease with Kingtone Information. Pursuant to the lease, Jinong rented 612 square meters (approximately 6,588 square feet) of office space from Kingtone Information. The lease provided for a two-year term effective as of July 1, 2012 with monthly rent of RMB 24,480 (approximately $3,880).</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>NOTE 11 - LOAN PAYABLES</b></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">As of March 31, 2013, the short-term loans payable consist of ten loans which mature on dates ranging from April 22, 2013 through March 22, 2014 with interest rates ranging from 6.30% to 8.20%. The loans No.1, 2 and 3 are collateralized by Tianjuyan’s land use right and building ownership right. The loans No. 4, 5, and 6 are collateralized by the inventory of Gufeng. In addition, the loans No. 7, 8 and 9 are guaranteed by Jinong’s credit. The loan No. 10 is collateralized by the land use right of Jinong and Jinong’s ownship of its subsidiaries’ equity.</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 100%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td style="border-bottom: black 1pt solid; font-weight: bold;" nowrap="nowrap">No.</td>
<td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; font-weight: bold;" nowrap="nowrap">Payee</td>
<td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; font-weight: bold;" nowrap="nowrap">Loan period per agreement</td>
<td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; vertical-align: bottom; font-weight: bold;" colspan="2" nowrap="nowrap">Interest <br />Rate</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; font-weight: bold;" nowrap="nowrap"> </td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; vertical-align: bottom; font-weight: bold;" colspan="2" nowrap="nowrap">As of <br />March 31, 2013</td>
<td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; width: 3%; vertical-align: top;">1</td>
<td style="text-align: left; width: 2%; vertical-align: top;"> </td>
<td style="text-align: left; width: 30%; vertical-align: top;">Agriculture Bank of China-Beijing Branch</td>
<td style="text-align: left; width: 2%; vertical-align: top;"> </td>
<td style="text-align: left; width: 35%; vertical-align: top;">January 24, 2013 - January 13, 2014</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;"> </td>
<td style="text-align: right; width: 10%;">6.60</td>
<td style="text-align: left; width: 1%;">%</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 10%;">1,338,960</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; vertical-align: top;">2</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">Agriculture Bank of China-Beijing Branch</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">March 23, 2013 - March 22, 2014</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">6.60</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,275,200</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; vertical-align: top;">3</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">Agriculture Bank of China-Beijing Branch</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">April 23, 2012 - April 22, 2013</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">8.20</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,609,940</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; vertical-align: top;">4</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">Bank of Tianjin</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">August 7,2012-May 15, 2013</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">7.20</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,115,800</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; vertical-align: top;">5</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">Bank of Tianjin</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">August 7,2012 - June 19, 2013</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">7.20</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,115,800</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; vertical-align: top;">6</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">Bank of Tianjin</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">August 7, 2012 - June 3, 2013</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">7.20</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">956,400</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; vertical-align: top;">7</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">China Merchant Bank</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">August 30, 2012 - August 29, 2013</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">6.30</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">3,985,000</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; vertical-align: top;">8</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">Industrial and Commercial Bank of China</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">October 25, 2012 - October 25,2013</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">8.00</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,594,000</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; vertical-align: top;">9</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">Industrial and Commercial Bank of China</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">September 25, 2012-September 24, 2013</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">8.00</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,594,000</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="border-bottom: black 1pt solid; text-align: left; vertical-align: top;">10</td>
<td style="text-align: left; padding-bottom: 1pt; vertical-align: top;"> </td>
<td style="text-align: left; padding-bottom: 1pt; vertical-align: top;">China Minsheng Bank</td>
<td style="text-align: left; padding-bottom: 1pt; vertical-align: top;"> </td>
<td style="text-align: left; padding-bottom: 1pt; vertical-align: top;">January 5, 2013 - January 4, 2014</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="text-align: right; padding-bottom: 1pt;">7.20</td>
<td style="text-align: left; padding-bottom: 1pt;">%</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">2,391,000</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="border-bottom: black 2.5pt double; text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt; vertical-align: top;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt; vertical-align: top;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt; vertical-align: top;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt; vertical-align: top;">Total</td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="text-align: right; padding-bottom: 2.5pt;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">16,976,100</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
</tr>
</table>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">As of June 30, 2012, the short-term loans payable consist of eight loans which mature on dates ranging from July 25, 2012 through April 22, 2013 interest rates ranging from 6.89% to 8.87%. The loans No.1, 2 and 3 are collateralized by Tianjuyan’s land use right and building ownership right. The loan No. 4 is collateralized by the inventory of Gufeng. In addition, the loans No.5, 6, 7 and 8 are guaranteed by Jinong’s credit.</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 100%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td style="text-align: center; vertical-align: top;" nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" nowrap="nowrap"> </td>
<td style="font-weight: bold;" nowrap="nowrap"> </td>
<td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Interest</td>
<td style="font-weight: bold;" nowrap="nowrap"> </td>
<td style="font-weight: bold;" nowrap="nowrap"> </td>
<td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">June 30,</td>
<td style="font-weight: bold;" nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td style="border-bottom: black 1pt solid; text-align: center; vertical-align: bottom; font-weight: bold;" nowrap="nowrap">No.</td>
<td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" nowrap="nowrap">Payee</td>
<td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" nowrap="nowrap">Loan period per agreement</td>
<td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Rate</td>
<td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2012</td>
<td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: center; width: 3%; vertical-align: top;">1</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 30%; vertical-align: top;">Agriculture Bank of China-Beijing Branch</td>
<td style="text-align: left; width: 2%; vertical-align: top;"> </td>
<td style="text-align: left; width: 35%; vertical-align: top;">January 11, 2012 - January 10, 2013</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;"> </td>
<td style="text-align: right; width: 10%;">6.89</td>
<td style="text-align: left; width: 1%;">%</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 10%;">1,330,560</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: center; vertical-align: top;">2</td>
<td> </td>
<td style="text-align: left; vertical-align: top;">Agriculture Bank of China-Beijing Branch</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">March 23, 2012 -  March 22, 2013</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">8.20</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,267,200</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: center; vertical-align: top;">3</td>
<td> </td>
<td style="text-align: left; vertical-align: top;">Agriculture Bank of China-Beijing Branch</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">April 23, 2012 - April 22, 2013</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">8.20</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,599,840</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: center; vertical-align: top;">4</td>
<td> </td>
<td style="text-align: left; vertical-align: top;">Bank of Tianjin</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">September 9, 2011 - July 23, 2012</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">7.54</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,813,680</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: center; vertical-align: top;">5</td>
<td> </td>
<td style="text-align: left; vertical-align: top;">Minsheng Bank</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">September 8, 2011 - September 8, 2012</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">8.20</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,814,372</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: center; vertical-align: top;">6</td>
<td> </td>
<td style="text-align: left; vertical-align: top;">Minsheng Bank</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">September 19, 2011 - September 19, 2012</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">8.20</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">561,628</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: center; vertical-align: top;">7</td>
<td> </td>
<td style="text-align: left; vertical-align: top;">China Merchant Bank</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">July 25, 2011 - July 26, 2012</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">8.53</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">3,960,000</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: center; padding-bottom: 1pt; vertical-align: top;">8</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="text-align: left; padding-bottom: 1pt; vertical-align: top;">Industrial and Commercial Bank of China</td>
<td style="text-align: left; padding-bottom: 1pt; vertical-align: top;"> </td>
<td style="text-align: left; padding-bottom: 1pt; vertical-align: top;">October 17, 2011 - October 17,2012</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="text-align: right; padding-bottom: 1pt;">8.87</td>
<td style="text-align: left; padding-bottom: 1pt;">%</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">1,584,000</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: center; padding-bottom: 2.5pt; vertical-align: top;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt; vertical-align: top;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt; vertical-align: top;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt; vertical-align: top;">Total</td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="text-align: right; padding-bottom: 2.5pt;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">13,931,280</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
</tr>
</table>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;">  </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">The interest expenses from short-term loans were $268,455 and $554,325 for the three months ended March 31, 2013 and 2012, respectively. The interest expenses from short-term loans were $1,020,694 and $1,110,672 for the nine months ended March 31, 2013 and 2012, respectively. </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>NOTE 12 - TAXES PAYABLE</b></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><u>Enterprise Income Tax</u></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">Effective January 1, 2008, the Enterprise Income Tax (“EIT”) law of the PRC replaced the prior tax laws for Domestic Enterprises (“DEs”) and Foreign Invested Enterprises (“FIEs”). The new EIT rate of 25% replaced the 33% DEs rate was and became applicable to both DEs and FIEs. The two-year exemption and three-year 50% reduction tax holiday for production-oriented FIEs were eliminated. Since January 1, 2008, Jinong became subject to income tax in China at a rate of 15% as a high-tech company, as a result of the expiration of its tax exemption on December 31, 2007. Jinong’s provision for income taxes for the nine months ended March 31, 2013 and 2012 was $4,746,988<b> </b>and $4,901,045, respectively. Gufeng is subject to 25% EIT rate and thus it made provision for income taxes of $2,010,416 and $2,760,235 for the nine months ended March 31, 2013 and 2012, respectively. Jintai and Yuxing have been exempt from paying income tax since its formation as it produces products which fall into the tax exemption list set out in the EIT. This exemption is expected to last as long as the applicable provisions of the EIT do not change.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><u>Value-Added Tax</u></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">All of the Company’s fertilizer products that are produced and sold in the PRC were subject to a Chinese Value-Added Tax (VAT) of 13% of the gross sales price. On April 29, 2008, the PRC State of Administration of Taxation (SAT) released Notice #56, “<i>Exemption of VAT for Organic Fertilizer Products</i>”, which allows certain fertilizer products to be exempt from VAT beginning June 1, 2008. The Company submitted the application for exemption in May 2009, which was granted effective September 1, 2009, continuing through December 31, 2015. The VAT exemption applies to all agricultural products sold by Jintai and Yuxing, and all but a nominal amount of agricultural products sold by Jinong.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><u>Income Taxes and Related Payables</u></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">Taxes payable consist of the following:</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 50%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>March 31,</b></td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>June 30,</b></td>
<td nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap"><b>2013</b></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap"><b>2012</b></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; width: 62%;">VAT provision (credit)</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">41,984</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">68,180</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt;">Income tax payable</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">21,569,621</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">17,274,817</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt;">Other levies</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">352,524</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">332,392</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt;">Total</td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">21,964,129</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">17,675,389</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
</tr>
</table>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><u>Tax Rate Reconciliation</u></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">Our effective tax rates were approximately 18.1% and 19.9% for the nine months ended March 31, 2013 and 2012, respectively. Substantially all of the Company’s income before income taxes and related tax expense are from PRC sources. Actual income tax benefit reported in the consolidated statements of income and comprehensive income differ from the amounts computed by applying the US statutory income tax rate of 34% to income before income taxes for the nine months ended March 31, 2013 and 2012 for the following reasons:</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 100%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td style="color: black; font-weight: bold;" nowrap="nowrap">Nine Months Ended March 31,</td>
<td style="color: black;" nowrap="nowrap"> </td>
<td style="text-align: center; color: black;" colspan="6" nowrap="nowrap"><b>China</b></td>
<td style="color: black;" nowrap="nowrap"> </td>
<td style="color: black;" nowrap="nowrap"> </td>
<td style="text-align: center; color: black;" colspan="6" nowrap="nowrap"><b>United States</b></td>
<td style="color: black;" nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td style="border-bottom: black 1pt solid;" nowrap="nowrap"><b>2013</b></td>
<td style="padding-bottom: 1pt; color: black;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; padding-bottom: 1pt; color: black;" colspan="6" nowrap="nowrap"><b>15% - 25%</b></td>
<td style="padding-bottom: 1pt; color: black;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt; color: black;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; color: black;" colspan="6" nowrap="nowrap"><b>34%</b></td>
<td style="padding-bottom: 1pt; color: black;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt; color: black;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; color: black;" colspan="2" nowrap="nowrap"><b>Total</b></td>
<td style="padding-bottom: 1pt; color: black;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="text-align: center; padding-bottom: 1pt;" colspan="2" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td> </td>
<td> </td>
<td style="text-align: center;" colspan="2"> </td>
<td> </td>
<td> </td>
<td style="text-align: center;" colspan="2"> </td>
<td> </td>
<td> </td>
<td style="text-align: center;" colspan="2"> </td>
<td> </td>
<td> </td>
<td style="text-align: center;" colspan="2"> </td>
<td> </td>
<td> </td>
<td style="text-align: center;" colspan="2"> </td>
<td> </td>
<td> </td>
<td style="text-align: center;" colspan="2"> </td>
<td> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0.85pt; width: 40%; color: black;">Pretax income (loss)</td>
<td style="padding-bottom: 2.5pt; width: 1%; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; width: 1%; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; width: 7%; color: black;">40,324,031</td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%; color: black;"> </td>
<td style="padding-bottom: 2.5pt; width: 1%;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"> </td>
<td style="text-align: right; padding-bottom: 2.5pt; width: 7%;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"> </td>
<td style="padding-bottom: 2.5pt; width: 1%; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; width: 1%; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; width: 7%; color: black;">(3,053,240</td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%; color: black;">)</td>
<td style="padding-bottom: 2.5pt; width: 1%;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"> </td>
<td style="text-align: right; padding-bottom: 2.5pt; width: 7%;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"> </td>
<td style="padding-bottom: 2.5pt; width: 1%; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; width: 1%; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; width: 7%; color: black;">37,270,791</td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%; color: black;"> </td>
<td style="padding-bottom: 2.5pt; width: 1%;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"> </td>
<td style="text-align: right; padding-bottom: 2.5pt; width: 7%;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Expected income tax expense (benefit)</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">10,081,008</td>
<td style="text-align: left; color: black;"> </td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">25.0</td>
<td style="text-align: left; color: black;">%</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">(1,038,102</td>
<td style="text-align: left; color: black;">)</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">34.0</td>
<td style="text-align: left; color: black;">%</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">9,042,906</td>
<td style="text-align: left; color: black;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">High-tech income benefits on Jinong</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">(1,976,456</td>
<td style="text-align: left; color: black;">)</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">(4.9</td>
<td style="text-align: left; color: black;">)%</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">-</td>
<td style="text-align: left; color: black;"> </td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">-</td>
<td style="text-align: left; color: black;"> </td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">(1,976,456</td>
<td style="text-align: left; color: black;">)</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Losses from subsidiaries in which no benefit is recognized</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">(1,347,148</td>
<td style="text-align: left; color: black;">)</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">(3.3</td>
<td style="text-align: left; color: black;">)%</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">-</td>
<td style="text-align: left; color: black;"> </td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">-</td>
<td style="text-align: left; color: black;"> </td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">(1,347,148</td>
<td style="text-align: left; color: black;">)</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt; color: black;">Change in valuation allowance on deferred tax asset from US tax benefit</td>
<td style="padding-bottom: 1pt; color: black;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left; color: black;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right; color: black;">-</td>
<td style="text-align: left; padding-bottom: 1pt; color: black;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;"> </td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt; color: black;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left; color: black;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right; color: black;">1,038,102</td>
<td style="text-align: left; padding-bottom: 1pt; color: black;"> </td>
<td style="padding-bottom: 1pt; color: black;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left; color: black;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right; color: black;">(34.0</td>
<td style="text-align: left; padding-bottom: 1pt; color: black;">)%</td>
<td style="padding-bottom: 1pt; color: black;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left; color: black;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right; color: black;">1,038,102</td>
<td style="text-align: left; padding-bottom: 1pt; color: black;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;"> </td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Actual tax expense</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">6,757,404</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">16.8</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;">%</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">-</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;"><font style="font: 10pt times new roman, times, serif; color: black;">-</font></td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;">%</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">6,757,404</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">18.1</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;">%</td>
</tr>
</table>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b> </b> </p>
<table style="width: 100%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td style="color: black; font-weight: bold;" nowrap="nowrap">Nine Months Ended March 31,</td>
<td style="color: black;" nowrap="nowrap"> </td>
<td style="text-align: center; color: black;" colspan="6" nowrap="nowrap"><b>China</b></td>
<td style="color: black;" nowrap="nowrap"> </td>
<td style="color: black;" nowrap="nowrap"> </td>
<td style="text-align: center; color: black;" colspan="6" nowrap="nowrap"><b>United States</b></td>
<td style="color: black;" nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td style="border-bottom: black 1pt solid;" nowrap="nowrap"><b>2012</b></td>
<td style="padding-bottom: 1pt; color: black;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; color: black;" colspan="6" nowrap="nowrap"><b>15% - 25%</b></td>
<td style="padding-bottom: 1pt; color: black;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt; color: black;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; color: black;" colspan="6" nowrap="nowrap"><b>34%</b></td>
<td style="padding-bottom: 1pt; color: black;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt; color: black;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; color: black;" colspan="2" nowrap="nowrap"><b>Total</b></td>
<td style="padding-bottom: 1pt; color: black;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="text-align: center; padding-bottom: 1pt;" colspan="2" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td> </td>
<td> </td>
<td style="text-align: center;" colspan="2"> </td>
<td> </td>
<td> </td>
<td style="text-align: center;" colspan="2"> </td>
<td> </td>
<td> </td>
<td style="text-align: center;" colspan="2"> </td>
<td> </td>
<td> </td>
<td style="text-align: center;" colspan="2"> </td>
<td> </td>
<td> </td>
<td style="text-align: center;" colspan="2"> </td>
<td> </td>
<td> </td>
<td style="text-align: center;" colspan="2"> </td>
<td> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.5pt; width: 40%; color: black;">Pretax income (loss)</td>
<td style="padding-bottom: 2.5pt; width: 1%; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; width: 1%; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; width: 7%; color: black;">41,861,062</td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%; color: black;"> </td>
<td style="padding-bottom: 2.5pt; width: 1%;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"> </td>
<td style="text-align: right; padding-bottom: 2.5pt; width: 7%;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"> </td>
<td style="padding-bottom: 2.5pt; width: 1%; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; width: 1%; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; width: 7%; color: black;">(3,349,907</td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%; color: black;">)</td>
<td style="padding-bottom: 2.5pt; width: 1%;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"> </td>
<td style="text-align: right; padding-bottom: 2.5pt; width: 7%;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"> </td>
<td style="padding-bottom: 2.5pt; width: 1%; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; width: 1%; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; width: 7%; color: black;">38,511,155</td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%; color: black;"> </td>
<td style="padding-bottom: 2.5pt; width: 1%;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"> </td>
<td style="text-align: right; padding-bottom: 2.5pt; width: 7%;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; color: black;">Expected income tax expense (benefit)</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">10,465,266</td>
<td style="text-align: left; color: black;"> </td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">25.0</td>
<td style="text-align: left; color: black;">%</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">(1,138,968</td>
<td style="text-align: left; color: black;">)</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">34.0</td>
<td style="text-align: left; color: black;">%</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">9,326,298</td>
<td style="text-align: left; color: black;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; color: black;">High-tech income benefits on Jinong</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">(2,038,594</td>
<td style="text-align: left; color: black;">)</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">(4.9</td>
<td style="text-align: left; color: black;">)%</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">-</td>
<td style="text-align: left; color: black;"> </td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">-</td>
<td style="text-align: left; color: black;"> </td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">(2,038,594</td>
<td style="text-align: left; color: black;">)</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; color: black;">Losses from subsidiaries in which no benefit is recognized</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">(765,392</td>
<td style="text-align: left; color: black;">)</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">(1.8</td>
<td style="text-align: left; color: black;">)%</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">-</td>
<td style="text-align: left; color: black;"> </td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">-</td>
<td style="text-align: left; color: black;"> </td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">(765,392</td>
<td style="text-align: left; color: black;">)</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; color: black;">Change in valuation allowance on deferred tax asset from US tax benefit</td>
<td style="padding-bottom: 1pt; color: black;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left; color: black;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right; color: black;">-</td>
<td style="text-align: left; padding-bottom: 1pt; color: black;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;"> </td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt; color: black;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left; color: black;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right; color: black;">1,138,968</td>
<td style="text-align: left; padding-bottom: 1pt; color: black;"> </td>
<td style="padding-bottom: 1pt; color: black;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left; color: black;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right; color: black;">(34.0</td>
<td style="text-align: left; padding-bottom: 1pt; color: black;">)%</td>
<td style="padding-bottom: 1pt; color: black;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left; color: black;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right; color: black;">1,138,968</td>
<td style="text-align: left; padding-bottom: 1pt; color: black;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;"> </td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; color: black;">Actual tax expense</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">7,661,280</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">18.3</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;">%</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">-</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;"><font style="font: 10pt times new roman, times, serif; color: black;">-</font></td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;">%</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">7,661,280</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">19.9</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;">%</td>
</tr>
</table>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>NOTE 13 - STOCKHOLDERS’ EQUITY</b></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><u>Common Stock</u></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">On March 8, 2012, the Company issued 63,158 shares of common stock in a private placement to Mr. Tao Li, the Company’s Chairman and Chief Executive Officer, at a purchase price of $4.75 per share, for an aggregate purchase price of $300,001 pursuant to the terms and provisions of a Securities Purchase Agreement in a form previously presented to the Board of Directors of the Company.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">On March 31, 2012, the Company issued 5,704 shares of Common Stock valued at $24,000 of consulting services to a consultant of the Company.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">On June 14, 2012, the Company granted a total of 1,000,000 shares of restricted common stock to certain directors, executive officers and key employees under its 2009 Equity Incentive Plan. Pursuant to the terms of the grant, the stock grants vest in three installments on June 30, 2012, September 30, 2012 and December 31, 2012. The Company has issued 445,000 shares of common stock related to these grants with 555,000 yet to be issued.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">On September 12, 2012, the Company issued 35,041 shares of Common Stock valued at $130,000 of consulting services to a consultant of the Company.</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">On September 26, 2012, the Company agreed to issue 151,515 shares of Common Stock at the market price of $3.30 per share to Mr. Tao Li, the Company’s Chairman and Chief Executive Officer in the first offering of the Company’s Employee Stock Purchase Plan (“ESPP”) adopted by the Company’s Board of Directors (the “Board”) on August 9, 2012. Mr. Li had previously advanced the Company $300,000 and has unpaid compensation accrued in the accompanying balance sheet. The 151,515 shares were not issued until after September 30, 2012 and accordingly the due to officer of $300,000 and accrued compensation of $200,000 were deducted during the quarter ended December 31, 2012.</p>
<p style="text-align: center; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b></b></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">On September 28, 2012, the Company approved the granting of (i) 200,000 shares of restricted stock to Mr. Ken Ren, the Company’s Chief Financial Officer (the “CFO”), (ii) 40,000 shares of restricted stock to Mr. Yizhao Zhang, 30,000 shares of restricted stock to Ms. Yiru Shi, and 20,000 shares of restricted stock to Mr. Lianfu Liu, each is an independent director of the Company (the “Stock Grants”), and (iii) 210,000 shares of restricted stock to other employees. The Stock Grants of (i) and (ii) above, vest in three installments on December 31, 2012, March 31, 2013, and June 30, 2013, with 100,000 shares vesting first and 50,000 shares vesting on each of the other two vesting dates to the CFO; and 10,000 shares vesting first and half of the their respective remaining shares vesting on each of the other two vesting dates to the three independent directors. The vest of the restricted shares is conditioned on the individuals being employed by the Company at the time of the vest. These shares were issued during the quarter ended December 31, 2012 and the expenses associated with the issuance of these shares will be recorded over the vesting period of the shares. The Stock Grant of (iii) will vest in one single installment on June 30<sup>th</sup>, 2014.</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">On March 20, 2013, the Company issued 9,396 shares of Common Stock valued at $9,000 of consulting services to a consultant of the Company.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><u>Preferred Stock</u></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">Under the Company’s articles of incorporation, the board of directors has the authority, without further action by stockholders, to designate up to 20,000,000 shares of preferred stock in one or more series and to fix the rights, preferences, privileges, qualifications and restrictions granted to or imposed upon the preferred stock, including dividend rights, conversion rights, voting rights, rights and terms of redemption, liquidation preference and sinking fund terms, any or all of which may be greater than the rights of the common stock. If the Company sells preferred stock under its registration statement on Form S-3, it will fix the rights, preferences, privileges, qualifications and restrictions of the preferred stock of each series in the certificate of designation relating to that series and will file the certificate of designation that describes the terms of the series of preferred stock the Company offers before the issuance of the related series of preferred stock.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">As of March 31, 2013, the Company has 20,000,000 shares of preferred stock authorized, with a par value of $.001 per share, of which no shares are issued or outstanding.</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>NOTE 14 - STOCK OPTIONS</b></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">There were no issuances of stock options during the three months ended March 31, 2013 and 2012.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">Options outstanding as of March 31, 2013 and related weighted average price and intrinsic value are as follows:</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 100%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>Weighted</b></td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>Average</b></td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>Number</b></td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>Exercise</b></td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>Aggregate</b></td>
<td nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap"><b>of Shares</b></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap"><b>Price</b></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap"><b>Intrinsic Value</b></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="width: 52%;">Outstanding, June 30, 2012</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;"> </td>
<td style="text-align: right; width: 12%;">115,099</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 12%;">14.66</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 12%;">-</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td>Granted</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td>Forfeited/Cancelled</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 1pt;">Exercised</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">-</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;"> </td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;"> </td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt;">Outstanding, March 31, 2013</td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: right;">115,099</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">14.66</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">-</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
</tr>
</table>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>NOTE 15 -CONCENTRATIONS AND LITIGIATION</b></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b><i>Market Concentration</i></b></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">All of the Company's revenue-generating operations are conducted in the PRC. Accordingly, the Company's business, financial condition and results of operations may be influenced by the political, economic and legal environments in the PRC, and by the general state of the PRC's economy.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">The Company's operations in the PRC are subject to specific considerations and significant risks not typically associated with companies in North America and Western Europe. These include risks associated with, among other things, the political, economic and legal environments and foreign currency exchange. The Company's results may be adversely affected by, among other things, changes in governmental policies with respect to laws and regulations, anti-inflationary measures, currency conversion and remittance abroad, and rates and methods of taxation.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b><i>Vendor and Customer Concentration</i></b></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b><i> </i></b></p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">There was one vendor from which the Company purchased more than 10% of its raw materials for the fertilizer products for the nine months ended March 31, 2013 and 2012, respectively.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">There was one customer that accounted over 10% of the total sales of fertilizer products as of nine months ended March 31, 2013 and 2012, respectively.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b><i> </i></b></p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b><i>Litigation</i></b></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">On October 15, 2010, a class action lawsuit was filed against the Company and certain of its current and former officers in the United States District Court for the District of Nevada (the "Nevada Federal Court") on behalf of purchasers of the Company’s common stock between November 12, 2009 and September 1, 2010.  The current version of the complaint alleges that the Company and certain of its current and former officers and directors violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Sections 11, 12(a)(2), and 15 of the Securities Act of 1933, as amended, by making material misstatements and omissions in the Company’s financial statements, securities offering documents, and related disclosures during the class period.  On October 7, 2011, the defendants moved to dismiss the amended complaint and to strike portions of it. On November 2, 2012, the Nevada Federal Court issued an order dismissing the claims for violation of sections 11, 12(a)(2) and 15 of the Securities Act of 1933 as to all defendants and dismissing certain individual defendants from the complaint and allowing the claims for violations of section 10(b) and 20(a) of the Securities Exchange Act of 1934 to continue with respect to the Company and certain of the individual defendants.  The Nevada Federal Court also denied the defendants’ motion to strike. The parties to the securities class action held a mediation on March 7, 2013, which led to an agreement in principle to settle the case for a payment of $2.5 million by the Company’s insurers in exchange for a release of all claims against all defendants. The parties are currently in the process of documenting the settlement.</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>NOTE 16 - SEGMENT REPORTING</b></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">The Company was organized into four main business segments based on location and product: Jinong (fertilizer production), Gufeng (fertilizer production), Jintai (agricultural products production) and Yuxing (agricultural products production). Each of the four operating segments referenced above has separate and distinct general ledgers. The chief operating decision maker (“CODM”) receives financial information, including revenue, gross margin, operating income and net income produced from the various general ledger systems to make decisions about allocating resources and assessing performance; however, the principal measure of segment profitability or loss used by the CODM is net income by segment. Jintai is in the process of combining with Yuxing.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;">  </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">The following tables present a summary of our businesses and operating segments results. </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 88%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="6" nowrap="nowrap">Three months ended March 31,</td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap">2013</td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap">2012</td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Revenues from unaffiliated customers:</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 9pt; width: 68%; color: black;">Jinong</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 12%;">27,051,929</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 12%;">22,311,668</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 9pt; color: black;">Gufeng</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">37,690,762</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">34,095,432</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 9pt; color: black;">Jintai</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">2,466,393</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 1pt; padding-left: 9pt; color: black;">Yuxing</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">1,129,842</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">1,142,851</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Consolidated</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">65,872,533</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">60,016,344</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Operating income :</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jinong</td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">11,406,985</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">10,975,095</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Gufeng</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">5,642,544</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">5,780,062</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jintai</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(212,967</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Yuxing</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">171,500</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(97,907</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Reconciling item (1)</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Reconciling item (2)</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(256,110</td>
<td style="text-align: left;">)</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(452,580</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt; color: black;">Reconciling item (2)—stock compensation</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(440,508</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(129,695</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Consolidated</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">16,524,411</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">15,862,008</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Net income:</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jinong</td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">9,756,153</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">9,400,856</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Gufeng</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">4,178,836</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">3,865,515</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jintai</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(212,905</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Yuxing</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">172,275</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(96,848</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Reconciling item (1)</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">13</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">18</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt; color: black;">Reconciling item (2)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(696,618</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(582,275</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Consolidated</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">13,410,659</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">12,374,361</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Depreciation and Amortization:</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jinong</td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">1,990,178</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">592,031</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Gufeng</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,709,328</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">816,584</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jintai</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(1,008</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 1pt; padding-left: 0.85pt; color: black;">Yuxing</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">316,700</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">276,555</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Consolidated</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">4,016,206</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">1,684,162</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Interest expense:</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jinong</td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Gufeng</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">298,455</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">554,325</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt; color: black;">Reconciling item (2)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">-</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">-</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Consolidated</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">298,455</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">554,325</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Capital Expenditure:</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jinong</td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">6,275,253</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">1,880,430</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Gufeng</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">31,271</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(14,946</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jintai</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(3,423</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 1pt; padding-left: 0.85pt; color: black;">Yuxing</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(134,467</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">8,012</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Consolidated</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">6,172,057</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">1,870,073</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
</tr>
</table>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">(1) Reconciling amounts refer to the unallocated assets or expenses of Green New Jersey.</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">(2) Reconciling amounts refer to the unallocated assets or expenses of the Parent Company.</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">  </p>
<table style="width: 88%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="6" nowrap="nowrap">Nine months ended March 31,</td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap">2013</td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap">2012</td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Revenues from unaffiliated customers:</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 9pt; width: 68%; color: black;">Jinong</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 12%;">77,857,756</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 12%;">63,543,075</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 9pt; color: black;">Gufeng</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">66,612,586</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">89,666,961</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 9pt; color: black;">Jintai</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">5,780,969</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 1pt; padding-left: 9pt; color: black;">Yuxing</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">2,645,923</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">1,221,930</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Consolidated</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">147,116,265</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">160,212,935</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Operating income :</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jinong</td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">31,418,916</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">32,421,375</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Gufeng</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">8,821,041</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">12,062,444</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jintai</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(1,457,900</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Yuxing</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">260,155</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(338,365</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Reconciling item (1)</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Reconciling item (2)</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(738,343</td>
<td style="text-align: left;">)</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(2,210,290</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt; color: black;">Reconciling item (2)—stock compensation</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(2,315,036</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(1,139,938</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Consolidated</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">37,446,733</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">39,337,326</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Net income:</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jinong</td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">26,893,779</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">27,758,554</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Gufeng</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">5,848,880</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">8,055,846</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jintai</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">57</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(1,457,704</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Yuxing</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">823,911</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(156,914</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Reconciling item (1)</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">139</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">321</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt; color: black;">Reconciling item (2)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(3,053,379</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(3,350,228</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Consolidated</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">30,513,387</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">30,849,875</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Depreciation and Amortization:</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jinong</td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">6,449,763</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">1,756,742</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Gufeng</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">2,634,409</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">2,462,687</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jintai</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(440</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 1pt; padding-left: 0.85pt; color: black;">Yuxing</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">946,263</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">476,491</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Consolidated</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">10,030,435</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">4,695,480</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Interest expense:</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jinong</td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Gufeng</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,050,694</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,110,672</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt; color: black;">Reconciling item (2)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">-</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">-</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Consolidated</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">1,050,694</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">1,110,672</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Capital Expenditure:</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jinong</td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">15,601,870</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">5,589,432</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Gufeng</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(876,682</td>
<td style="text-align: left;">)</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(14,946</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jintai</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(3,423</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 1pt; padding-left: 0.85pt; color: black;">Yuxing</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">102,424</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">139,467</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Consolidated</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">14,827,612</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">5,710,530</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
</tr>
</table>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">  </p>
<table style="width: 88%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td style="text-align: center;" nowrap="nowrap"> </td>
<td style="color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap">As of</td>
<td style="color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap">As of</td>
<td style="color: black; font-weight: bold;" nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td style="text-align: center;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap">March 31, 2013</td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap">June 30, 2012</td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Identifiable assets:</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; width: 68%; color: black;">Jinong</td>
<td style="width: 2%; color: black;"> </td>
<td style="text-align: left; width: 1%; color: black;">$</td>
<td style="text-align: right; width: 12%; color: black;">181,535,571</td>
<td style="text-align: left; width: 1%; color: black;"> </td>
<td style="width: 2%; color: black;"> </td>
<td style="text-align: left; width: 1%; color: black;">$</td>
<td style="text-align: right; width: 12%; color: black;">221,575,406</td>
<td style="text-align: left; width: 1%; color: black;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Gufeng</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">104,482,467</td>
<td style="text-align: left; color: black;"> </td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">57,657,305</td>
<td style="text-align: left; color: black;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jintai</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">4,573,427</td>
<td style="text-align: left; color: black;"> </td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">6,670,058</td>
<td style="text-align: left; color: black;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Yuxing</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">38,028,176</td>
<td style="text-align: left; color: black;"> </td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">1,851,745</td>
<td style="text-align: left; color: black;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Reconciling item (1)</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">79,213</td>
<td style="text-align: left; color: black;"> </td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">280,445</td>
<td style="text-align: left; color: black;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt; color: black;">Reconciling item (2)</td>
<td style="padding-bottom: 1pt; color: black;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left; color: black;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right; color: black;">(3,906</td>
<td style="text-align: left; padding-bottom: 1pt; color: black;">)</td>
<td style="padding-bottom: 1pt; color: black;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left; color: black;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right; color: black;">(3,906</td>
<td style="text-align: left; padding-bottom: 1pt; color: black;">)</td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Consolidated</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">328,694,948</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">288,031,053</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
</tr>
</table>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">(1) Reconciling amounts refer to the unallocated assets or expenses of Green New Jersey.</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">(2) Reconciling amounts refer to the unallocated assets or expenses of the Parent Company.</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>NOTE 17 - COMMITMENTS AND CONTINGENCIES</b></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">On June 29, 2012, Jinong signed an office lease with Kingtone Information upon the expiration of its existing lease with Kingtone Information. Pursuant to the new lease, Jinong rented 612 square meters (approximately 6,588 square feet) of office space from Kingtone Information. The lease provided for a two-year term effective as of July 1, 2012 with monthly rent of $3,902 (RMB 24,480).</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">In January 2008, Jintai signed a ten year land lease with Xi’an Jinong Hi-tech Agriculture Demonstration Zone for a monthly rent of $829 (RMB 5,200).</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">In February 2004, Tianjuyuan signed a fifty year lease with the village committee of Dong Gao Village and Zhen Nan Zhang Dai Village in the Beijing Ping Gu District, at a monthly rent of $472 (RMB 2,958) for approximately 47,333 square meters (509,488 square feet) of land in the Ping Gu District of Beijing.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">Accordingly, the Company recorded an aggregate of $46,822 and $81,566 as rent expenses for the nine months ended March 31, 2013 and 2012, respectively. Rent expenses for the next five twelve-month periods ended March 31, are as follows:</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 45%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td>Years ending:</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="width: 81%;">March 31, 2013</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">62,430</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td>March 31, 2014</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">15,605</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td>March 31, 2015</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">15,605</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td>March 31, 2016</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">15,605</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td>March 31, 2017</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">15,605</td>
<td style="text-align: left;"> </td>
</tr>
</table>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><u>Principle of consolidation</u></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, Green New Jersey, Jinong, Jintai, Yuxing, Gufeng and Tianjuyuan. All significant inter-company accounts and transactions have been eliminated in consolidation.</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><u>Use of estimates</u></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (“US GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the amount of revenues and expenses during the reporting periods. Management makes these estimates using the best information available at the time the estimates are made. However, actual results could differ materially from those results.</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><u>Recent accounting pronouncements</u></p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">On July 27, 2012, the FASB issued ASU 2012-02, Intangibles-Goodwill and Other (Topic 350) - Testing Indefinite-Lived Intangible Assets for Impairment. The ASU provides entities with an option to first assess qualitative factors to determine whether events or circumstances indicate that it is more likely than not that the indefinite-lived intangible asset is impaired. If an entity concludes that it is more than 50% likely that an indefinite-lived intangible asset is not impaired, no further analysis is required. However, if an entity concludes otherwise, it would be required to determine the fair value of the indefinite-lived intangible asset to measure the amount of actual impairment, if any, as currently required under US GAAP. The ASU is effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012. Early adoption is permitted. The adoption of this pronouncement is not expected to have a material impact on the Company’s financial statements.</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">In February 2013, the FASB issued ASU No. 2013-02, which amends the authoritative accounting guidance under ASC Topic 220 “Comprehensive Income.” The amendments do not change the current requirements for reporting net income or other comprehensive income in financial statements. However, the amendments require an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, an entity is required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under US GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts that are not required under US GAAP to be reclassified in their entirety to net income, an entity is required to cross-reference to other disclosures required under US GAAP that provide additional detail about those amounts. The amendments in this update are effective prospectively for reporting periods beginning after December 15, 2013. Early adoption is permitted. Adoption of this update is not expected to have a material effect on the Company’s consolidated results of operations or financial condition.</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">In March 2013, the FASB issued guidance on a parent company’s accounting for the cumulative translation adjustment upon derecognition of a subsidiary or group of assets within a foreign entity. This new guidance requires that the parent company releases any related cumulative translation adjustment into net income only if the sale or transfer results in the complete or substantially complete liquidation of the foreign entity in which the subsidiary or group of assets had resided. The new guidance will be effective for us beginning July 1, 2014. The adoption of this pronouncement is not expected to have a material impact on the Company’s financial statements.</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">The components of basic and diluted earnings per share consist of the following:</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 96%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid;" colspan="6" nowrap="nowrap">For the Three Months Ended March 31,</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid;" colspan="6" nowrap="nowrap">For the Nine Months Ended March 31,</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap">2013</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap">2012</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap">2013</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap">2012</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; width: 44%;">Net Income for Basic Earnings Per Share</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 10%;">13,410,659</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 10%;">12,374,361</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 10%;">30,513,387</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 10%;">30,849,875</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt;">Basic Weighted Average Number of Shares</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">27,939,780</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">26,960,277</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">27,682,345</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">26,919,678</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt;">Net Income per Share – Basic</td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">0.48</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">0.46</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">1.10</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">1.15</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt;">Net Income for Diluted Earnings Per Share</td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">13,410,659</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">12,374,361</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">30,513,387</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">30,849,875</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt;">Diluted Weighted Average Number of Shares</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">27,939,780</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">26,960,277</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">27,682,345</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">26,919,678</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt;">Net Income Per Share – Diluted</td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">0.48</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">0.46</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">1.10</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">1.15</td>
<td style="text-align: left;"> </td>
</tr>
</table>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Inventories consist of the following:</p>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 80%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td> </td>
<td> </td>
<td style="text-align: center;" colspan="2">March 31,</td>
<td> </td>
<td> </td>
<td style="text-align: center;" colspan="2">June 30,</td>
<td> </td>
</tr>
<tr style="vertical-align: bottom;">
<td> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2">2013</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2">2012</td>
<td style="padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; width: 62%;">Raw materials</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">10,295,374</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">6,009,686</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt;">Supplies and packing materials</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">577,949</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">565,559</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt;">Work in progress</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">318,774</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">127,140</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt;">Finished goods</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">36,863,113</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">21,900,299</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt;">Total</td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">48,055,210</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">28,602,684</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
</tr>
</table>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Other current assets consisted of the following:</p>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 50%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap">March 31,</td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap">June 30,</td>
<td nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap">2013</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap">2012</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 1pt; padding-left: 0.85pt; width: 56%;">Advancement</td>
<td style="padding-bottom: 1pt; width: 2%;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left; width: 1%;">$</td>
<td style="border-bottom: black 1pt solid; text-align: right; width: 18%;">502,886</td>
<td style="text-align: left; padding-bottom: 1pt; width: 1%;"> </td>
<td style="padding-bottom: 1pt; width: 2%;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left; width: 1%;">$</td>
<td style="border-bottom: black 1pt solid; text-align: right; width: 18%;">299,526</td>
<td style="text-align: left; padding-bottom: 1pt; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt;">Total</td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">502,886</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">299,526</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
</tr>
</table>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">Property, plant and equipment consist of the following:</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 65%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap">March 31,</td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap">June 30,</td>
<td nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap">2013</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap">2012</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; width: 62%;">Building and improvements</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">35,432,738</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">36,174,009</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt;">Auto</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">719,151</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">835,412</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt;">Machinery and equipment</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">79,664,618</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">63,280,923</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt;">Agriculture assets</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">3,183,253</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">3,163,286</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt;">Total property, plant and equipment</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">118,999,760</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">103,453,630</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt;">Less: accumulated depreciation</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(32,425,817</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(23,388,469</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt;">Total</td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">86,573,943</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">80,065,161</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
</tr>
</table>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Intangible assets consist of the following:</p>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 60%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap">March 31,</td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap">June 30,</td>
<td nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap">2013</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap">2012</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; width: 62%;">Land use rights, net</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">11,827,575</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">11,014,591</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt;">Technology patent, net</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">794,344</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,902,131</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt;">Customer relationships, net</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">7,528,397</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">8,253,368</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt;">Non-compete agreement</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">94,684</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">125,453</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 1pt; padding-left: 0.85pt;">Trademarks</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">6,363,017</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">6,323,098</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt;">Total</td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">26,608,017</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">27,618,641</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
</tr>
</table>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The Land Use Rights consist of the following:</p>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 60%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap">March 31,</td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap">June 30,</td>
<td nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap">2013</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap">2012</td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; width: 62%;">Land use rights</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">12,993,641</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">12,912,125</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt;">Less: accumulated amortization</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(1,166,066</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(1,897,534</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0.85pt;">Total land use rights, net</td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">11,827,575</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">11,014,591</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
</tr>
</table>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The technology know-how consisted of the following:</p>
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 65%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>March 31,</b></td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>June 30,</b></td>
<td nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap"><b>2013</b></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap"><b>2012</b></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; width: 62%;">Technology know-how</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">2,402,966</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">2,387,891</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt;">Less: accumulated amortization</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(1,608,622</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(485,760</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0.85pt;">Total technology know-how, net</td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">794,344</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">1,902,131</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
</tr>
</table>
<table style="width: 65%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>March 31,</b></td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>June 30,</b></td>
<td nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap"><b>2013</b></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap"><b>2012</b></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; width: 62%;">Customer relationships</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">10,361,000</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">10,296,000</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt;">Less: accumulated amortization</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(2,832,603</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(2,042,632</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0.85pt;">Total customer relationships, net</td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">7,528,397</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">8,253,368</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
</tr>
</table>
<table style="width: 65%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>March 31,</b></td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>June 30,</b></td>
<td nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap"><b>2013</b></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap"><b>2012</b></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; width: 62%;">Non-compete agreement</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">210,408</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">209,088</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt;">Less: accumulated amortization</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(115,724</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(83,635</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0.85pt;">Total non-compete agreement, net</td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">94,684</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">125,453</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
</tr>
</table>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">Estimated amortization expenses of intangible assets for the next five (5) twelve-month periods ended March 31, are as follows:</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 60%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; width: 81%;">March 31, 2014</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;"> </td>
<td style="text-align: right; width: 15%;">1,582,468</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt;">March 31, 2015</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,582,468</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt;">March 31, 2016</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,550,906</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt;">March 31, 2017</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,357,077</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt;">March 31, 2018</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,295,973</td>
<td style="text-align: left;"> </td>
</tr>
</table>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">Accrued expenses and other payables consist of the following:</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 65%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>March 31,</b></td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>June 30,</b></td>
<td nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap"><b>2013</b></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap"><b>2012</b></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; width: 62%;">Payroll payable</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">206,940</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">127,149</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt;">Welfare payable</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">169,212</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">168,150</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt;">Accrued expenses</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">2,719,085</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">2,827,028</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt;">Other payables</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">878,996</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,045,010</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt;">Other levy payable</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">123,688</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">122,912</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt;">Total</td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">4,097,921</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">4,290,249</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
</tr>
</table>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">As of March 31, 2013, the short-term loans payable consist of ten loans which mature on dates ranging from April 22, 2013 through March 22, 2014 with interest rates ranging from 6.30% to 8.20%. The loans No.1, 2 and 3 are collateralized by Tianjuyan’s land use right and building ownership right. The loans No. 4, 5, and 6 are collateralized by the inventory of Gufeng. In addition, the loans No. 7, 8 and 9 are guaranteed by Jinong’s credit. The loan No. 10 is collateralized by the land use right of Jinong and Jinong’s ownship of its subsidiaries’ equity.</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 100%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td style="border-bottom: black 1pt solid; font-weight: bold;" nowrap="nowrap">No.</td>
<td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; font-weight: bold;" nowrap="nowrap">Payee</td>
<td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; font-weight: bold;" nowrap="nowrap">Loan period per agreement</td>
<td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; vertical-align: bottom; font-weight: bold;" colspan="2" nowrap="nowrap">Interest <br />Rate</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; font-weight: bold;" nowrap="nowrap"> </td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; vertical-align: bottom; font-weight: bold;" colspan="2" nowrap="nowrap">As of <br />March 31, 2013</td>
<td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; width: 3%; vertical-align: top;">1</td>
<td style="text-align: left; width: 2%; vertical-align: top;"> </td>
<td style="text-align: left; width: 30%; vertical-align: top;">Agriculture Bank of China-Beijing Branch</td>
<td style="text-align: left; width: 2%; vertical-align: top;"> </td>
<td style="text-align: left; width: 35%; vertical-align: top;">January 24, 2013 - January 13, 2014</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;"> </td>
<td style="text-align: right; width: 10%;">6.60</td>
<td style="text-align: left; width: 1%;">%</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 10%;">1,338,960</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; vertical-align: top;">2</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">Agriculture Bank of China-Beijing Branch</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">March 23, 2013 - March 22, 2014</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">6.60</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,275,200</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; vertical-align: top;">3</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">Agriculture Bank of China-Beijing Branch</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">April 23, 2012 - April 22, 2013</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">8.20</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,609,940</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; vertical-align: top;">4</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">Bank of Tianjin</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">August 7,2012-May 15, 2013</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">7.20</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,115,800</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; vertical-align: top;">5</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">Bank of Tianjin</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">August 7,2012 - June 19, 2013</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">7.20</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,115,800</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; vertical-align: top;">6</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">Bank of Tianjin</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">August 7, 2012 - June 3, 2013</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">7.20</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">956,400</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; vertical-align: top;">7</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">China Merchant Bank</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">August 30, 2012 - August 29, 2013</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">6.30</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">3,985,000</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; vertical-align: top;">8</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">Industrial and Commercial Bank of China</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">October 25, 2012 - October 25,2013</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">8.00</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,594,000</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; vertical-align: top;">9</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">Industrial and Commercial Bank of China</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">September 25, 2012-September 24, 2013</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">8.00</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,594,000</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="border-bottom: black 1pt solid; text-align: left; vertical-align: top;">10</td>
<td style="text-align: left; padding-bottom: 1pt; vertical-align: top;"> </td>
<td style="text-align: left; padding-bottom: 1pt; vertical-align: top;">China Minsheng Bank</td>
<td style="text-align: left; padding-bottom: 1pt; vertical-align: top;"> </td>
<td style="text-align: left; padding-bottom: 1pt; vertical-align: top;">January 5, 2013 - January 4, 2014</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="text-align: right; padding-bottom: 1pt;">7.20</td>
<td style="text-align: left; padding-bottom: 1pt;">%</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">2,391,000</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="border-bottom: black 2.5pt double; text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt; vertical-align: top;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt; vertical-align: top;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt; vertical-align: top;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt; vertical-align: top;">Total</td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="text-align: right; padding-bottom: 2.5pt;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">16,976,100</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
</tr>
</table>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">As of June 30, 2012, the short-term loans payable consist of eight loans which mature on dates ranging from July 25, 2012 through April 22, 2013 interest rates ranging from 6.89% to 8.87%. The loans No.1, 2 and 3 are collateralized by Tianjuyan’s land use right and building ownership right. The loan No. 4 is collateralized by the inventory of Gufeng. In addition, the loans No.5, 6, 7 and 8 are guaranteed by Jinong’s credit.</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 100%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td style="text-align: center; vertical-align: top;" nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" nowrap="nowrap"> </td>
<td style="font-weight: bold;" nowrap="nowrap"> </td>
<td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Interest</td>
<td style="font-weight: bold;" nowrap="nowrap"> </td>
<td style="font-weight: bold;" nowrap="nowrap"> </td>
<td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">June 30,</td>
<td style="font-weight: bold;" nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td style="border-bottom: black 1pt solid; text-align: center; vertical-align: bottom; font-weight: bold;" nowrap="nowrap">No.</td>
<td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" nowrap="nowrap">Payee</td>
<td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" nowrap="nowrap">Loan period per agreement</td>
<td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Rate</td>
<td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2012</td>
<td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: center; width: 3%; vertical-align: top;">1</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 30%; vertical-align: top;">Agriculture Bank of China-Beijing Branch</td>
<td style="text-align: left; width: 2%; vertical-align: top;"> </td>
<td style="text-align: left; width: 35%; vertical-align: top;">January 11, 2012 - January 10, 2013</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;"> </td>
<td style="text-align: right; width: 10%;">6.89</td>
<td style="text-align: left; width: 1%;">%</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 10%;">1,330,560</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: center; vertical-align: top;">2</td>
<td> </td>
<td style="text-align: left; vertical-align: top;">Agriculture Bank of China-Beijing Branch</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">March 23, 2012 -  March 22, 2013</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">8.20</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,267,200</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: center; vertical-align: top;">3</td>
<td> </td>
<td style="text-align: left; vertical-align: top;">Agriculture Bank of China-Beijing Branch</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">April 23, 2012 - April 22, 2013</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">8.20</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,599,840</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: center; vertical-align: top;">4</td>
<td> </td>
<td style="text-align: left; vertical-align: top;">Bank of Tianjin</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">September 9, 2011 - July 23, 2012</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">7.54</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,813,680</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: center; vertical-align: top;">5</td>
<td> </td>
<td style="text-align: left; vertical-align: top;">Minsheng Bank</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">September 8, 2011 - September 8, 2012</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">8.20</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,814,372</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: center; vertical-align: top;">6</td>
<td> </td>
<td style="text-align: left; vertical-align: top;">Minsheng Bank</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">September 19, 2011 - September 19, 2012</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">8.20</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">561,628</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: center; vertical-align: top;">7</td>
<td> </td>
<td style="text-align: left; vertical-align: top;">China Merchant Bank</td>
<td style="text-align: left; vertical-align: top;"> </td>
<td style="text-align: left; vertical-align: top;">July 25, 2011 - July 26, 2012</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">8.53</td>
<td style="text-align: left;">%</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">3,960,000</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: center; padding-bottom: 1pt; vertical-align: top;">8</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="text-align: left; padding-bottom: 1pt; vertical-align: top;">Industrial and Commercial Bank of China</td>
<td style="text-align: left; padding-bottom: 1pt; vertical-align: top;"> </td>
<td style="text-align: left; padding-bottom: 1pt; vertical-align: top;">October 17, 2011 - October 17,2012</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="text-align: right; padding-bottom: 1pt;">8.87</td>
<td style="text-align: left; padding-bottom: 1pt;">%</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">1,584,000</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: center; padding-bottom: 2.5pt; vertical-align: top;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt; vertical-align: top;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt; vertical-align: top;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt; vertical-align: top;">Total</td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="text-align: right; padding-bottom: 2.5pt;"> </td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">13,931,280</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
</tr>
</table>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">Taxes payable consist of the following:</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 50%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>March 31,</b></td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>June 30,</b></td>
<td nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap"><b>2013</b></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap"><b>2012</b></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; width: 62%;">VAT provision (credit)</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">41,984</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 15%;">68,180</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt;">Income tax payable</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">21,569,621</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">17,274,817</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt;">Other levies</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">352,524</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">332,392</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt;">Total</td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">21,964,129</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">17,675,389</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
</tr>
</table>
<div><font size="2" style="font-family:times new roman,times">Actual income tax benefit reported in the consolidated statements of income and comprehensive income differ from the amounts computed by applying the US statutory income tax rate of 34% to income before income taxes for the nine months ended March 31, 2013 and 2012 for the following reasons:</font></div>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><font size="2" style="font-family:times new roman,times"> </font></p>
<table style="width: 100%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td style="color: black; font-weight: bold;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times">Nine Months Ended March 31,</font></td>
<td style="color: black;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: center; color: black;" colspan="6" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"><b>China</b></font></td>
<td style="color: black;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="color: black;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: center; color: black;" colspan="6" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"><b>United States</b></font></td>
<td style="color: black;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
</tr>
<tr style="vertical-align: bottom;">
<td style="border-bottom: black 1pt solid;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"><b>2013</b></font></td>
<td style="padding-bottom: 1pt; color: black;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: center; padding-bottom: 1pt; color: black;" colspan="6" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"><b>15% - 25%</b></font></td>
<td style="padding-bottom: 1pt; color: black;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 1pt; color: black;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: center; color: black;" colspan="6" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"><b>34%</b></font></td>
<td style="padding-bottom: 1pt; color: black;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 1pt; color: black;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: center; color: black;" colspan="2" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"><b>Total</b></font></td>
<td style="padding-bottom: 1pt; color: black;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: center; padding-bottom: 1pt;" colspan="2" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
</tr>
<tr style="vertical-align: bottom;">
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: center;" colspan="2"><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: center;" colspan="2"><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: center;" colspan="2"><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: center;" colspan="2"><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: center;" colspan="2"><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: center;" colspan="2"><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0.85pt; width: 40%; color: black;"><font size="2" style="font-family:times new roman,times">Pretax income (loss)</font></td>
<td style="padding-bottom: 2.5pt; width: 1%; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 2.5pt double; text-align: left; width: 1%; color: black;"><font size="2" style="font-family:times new roman,times">$</font></td>
<td style="border-bottom: black 2.5pt double; text-align: right; width: 7%; color: black;"><font size="2" style="font-family:times new roman,times">40,324,031</font></td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 2.5pt; width: 1%;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; padding-bottom: 2.5pt; width: 7%;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 2.5pt; width: 1%; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 2.5pt double; text-align: left; width: 1%; color: black;"><font size="2" style="font-family:times new roman,times">$</font></td>
<td style="border-bottom: black 2.5pt double; text-align: right; width: 7%; color: black;"><font size="2" style="font-family:times new roman,times">(3,053,240</font></td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%; color: black;"><font size="2" style="font-family:times new roman,times">)</font></td>
<td style="padding-bottom: 2.5pt; width: 1%;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; padding-bottom: 2.5pt; width: 7%;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 2.5pt; width: 1%; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 2.5pt double; text-align: left; width: 1%; color: black;"><font size="2" style="font-family:times new roman,times">$</font></td>
<td style="border-bottom: black 2.5pt double; text-align: right; width: 7%; color: black;"><font size="2" style="font-family:times new roman,times">37,270,791</font></td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 2.5pt; width: 1%;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; padding-bottom: 2.5pt; width: 7%;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"><font size="2" style="font-family:times new roman,times"> </font></td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;"><font size="2" style="font-family:times new roman,times">Expected income tax expense (benefit)</font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">10,081,008</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">25.0</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">%</font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">(1,038,102</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">)</font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">34.0</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">%</font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">9,042,906</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;"><font size="2" style="font-family:times new roman,times">High-tech income benefits on Jinong</font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">(1,976,456</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">)</font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">(4.9</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">)%</font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">-</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">-</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">(1,976,456</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">)</font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;"><font size="2" style="font-family:times new roman,times">Losses from subsidiaries in which no benefit is recognized</font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">(1,347,148</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">)</font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">(3.3</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">)%</font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">-</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">-</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">(1,347,148</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">)</font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt; color: black;"><font size="2" style="font-family:times new roman,times">Change in valuation allowance on deferred tax asset from US tax benefit</font></td>
<td style="padding-bottom: 1pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">-</font></td>
<td style="text-align: left; padding-bottom: 1pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 1pt;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; padding-bottom: 1pt;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 1pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">1,038,102</font></td>
<td style="text-align: left; padding-bottom: 1pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 1pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">(34.0</font></td>
<td style="text-align: left; padding-bottom: 1pt; color: black;"><font size="2" style="font-family:times new roman,times">)%</font></td>
<td style="padding-bottom: 1pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">1,038,102</font></td>
<td style="text-align: left; padding-bottom: 1pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 1pt;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; padding-bottom: 1pt;"><font size="2" style="font-family:times new roman,times"> </font></td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;"><font size="2" style="font-family:times new roman,times">Actual tax expense</font></td>
<td style="padding-bottom: 2.5pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">$</font></td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">6,757,404</font></td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 2.5pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">16.8</font></td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"><font size="2" style="font-family:times new roman,times">%</font></td>
<td style="padding-bottom: 2.5pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">$</font></td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">-</font></td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 2.5pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;"><font style="font: 10pt times new roman, times, serif; color: black;; font-family:times new roman,times" size="2">-</font></td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"><font size="2" style="font-family:times new roman,times">%</font></td>
<td style="padding-bottom: 2.5pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">$</font></td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">6,757,404</font></td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 2.5pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">18.1</font></td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"><font size="2" style="font-family:times new roman,times">%</font></td>
</tr>
</table>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><font size="2" style="font-family:times new roman,times"><b> </b></font></p>
<table style="width: 100%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td style="color: black; font-weight: bold;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times">Nine Months Ended March 31,</font></td>
<td style="color: black;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: center; color: black;" colspan="6" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"><b>China</b></font></td>
<td style="color: black;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="color: black;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: center; color: black;" colspan="6" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"><b>United States</b></font></td>
<td style="color: black;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
</tr>
<tr style="vertical-align: bottom;">
<td style="border-bottom: black 1pt solid;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"><b>2012</b></font></td>
<td style="padding-bottom: 1pt; color: black;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: center; color: black;" colspan="6" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"><b>15% - 25%</b></font></td>
<td style="padding-bottom: 1pt; color: black;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 1pt; color: black;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: center; color: black;" colspan="6" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"><b>34%</b></font></td>
<td style="padding-bottom: 1pt; color: black;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 1pt; color: black;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: center; color: black;" colspan="2" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"><b>Total</b></font></td>
<td style="padding-bottom: 1pt; color: black;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: center; padding-bottom: 1pt;" colspan="2" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"><font size="2" style="font-family:times new roman,times"> </font></td>
</tr>
<tr style="vertical-align: bottom;">
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: center;" colspan="2"><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: center;" colspan="2"><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: center;" colspan="2"><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: center;" colspan="2"><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: center;" colspan="2"><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: center;" colspan="2"><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.5pt; width: 40%; color: black;"><font size="2" style="font-family:times new roman,times">Pretax income (loss)</font></td>
<td style="padding-bottom: 2.5pt; width: 1%; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 2.5pt double; text-align: left; width: 1%; color: black;"><font size="2" style="font-family:times new roman,times">$</font></td>
<td style="border-bottom: black 2.5pt double; text-align: right; width: 7%; color: black;"><font size="2" style="font-family:times new roman,times">41,861,062</font></td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 2.5pt; width: 1%;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; padding-bottom: 2.5pt; width: 7%;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 2.5pt; width: 1%; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 2.5pt double; text-align: left; width: 1%; color: black;"><font size="2" style="font-family:times new roman,times">$</font></td>
<td style="border-bottom: black 2.5pt double; text-align: right; width: 7%; color: black;"><font size="2" style="font-family:times new roman,times">(3,349,907</font></td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%; color: black;"><font size="2" style="font-family:times new roman,times">)</font></td>
<td style="padding-bottom: 2.5pt; width: 1%;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; padding-bottom: 2.5pt; width: 7%;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 2.5pt; width: 1%; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 2.5pt double; text-align: left; width: 1%; color: black;"><font size="2" style="font-family:times new roman,times">$</font></td>
<td style="border-bottom: black 2.5pt double; text-align: right; width: 7%; color: black;"><font size="2" style="font-family:times new roman,times">38,511,155</font></td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 2.5pt; width: 1%;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; padding-bottom: 2.5pt; width: 7%;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"><font size="2" style="font-family:times new roman,times"> </font></td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">Expected income tax expense (benefit)</font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">10,465,266</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">25.0</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">%</font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">(1,138,968</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">)</font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">34.0</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">%</font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">9,326,298</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">High-tech income benefits on Jinong</font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">(2,038,594</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">)</font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">(4.9</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">)%</font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">-</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">-</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">(2,038,594</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">)</font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">Losses from subsidiaries in which no benefit is recognized</font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">(765,392</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">)</font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">(1.8</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">)%</font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">-</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">-</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">(765,392</font></td>
<td style="text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">)</font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; color: black;"><font size="2" style="font-family:times new roman,times">Change in valuation allowance on deferred tax asset from US tax benefit</font></td>
<td style="padding-bottom: 1pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">-</font></td>
<td style="text-align: left; padding-bottom: 1pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 1pt;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; padding-bottom: 1pt;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 1pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">1,138,968</font></td>
<td style="text-align: left; padding-bottom: 1pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 1pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">(34.0</font></td>
<td style="text-align: left; padding-bottom: 1pt; color: black;"><font size="2" style="font-family:times new roman,times">)%</font></td>
<td style="padding-bottom: 1pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">1,138,968</font></td>
<td style="text-align: left; padding-bottom: 1pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 1pt;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; padding-bottom: 1pt;"><font size="2" style="font-family:times new roman,times"> </font></td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; color: black;"><font size="2" style="font-family:times new roman,times">Actual tax expense</font></td>
<td style="padding-bottom: 2.5pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">$</font></td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">7,661,280</font></td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 2.5pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">18.3</font></td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"><font size="2" style="font-family:times new roman,times">%</font></td>
<td style="padding-bottom: 2.5pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">$</font></td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">-</font></td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 2.5pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;"><font style="font: 10pt times new roman, times, serif; color: black;; font-family:times new roman,times" size="2">-</font></td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"><font size="2" style="font-family:times new roman,times">%</font></td>
<td style="padding-bottom: 2.5pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;"><font size="2" style="font-family:times new roman,times">$</font></td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">7,661,280</font></td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="padding-bottom: 2.5pt; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;"><font size="2" style="font-family:times new roman,times">19.9</font></td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"><font size="2" style="font-family:times new roman,times">%</font></td>
</tr>
</table>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">Options outstanding as of March 31, 2013 and related weighted average price and intrinsic value are as follows:</p>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 100%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>Weighted</b></td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>Average</b></td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>Number</b></td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>Exercise</b></td>
<td nowrap="nowrap"> </td>
<td nowrap="nowrap"> </td>
<td style="text-align: center;" colspan="2" nowrap="nowrap"><b>Aggregate</b></td>
<td nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap"><b>of Shares</b></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap"><b>Price</b></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center;" colspan="2" nowrap="nowrap"><b>Intrinsic Value</b></td>
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="width: 52%;">Outstanding, June 30, 2012</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;"> </td>
<td style="text-align: right; width: 12%;">115,099</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 12%;">14.66</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 12%;">-</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td>Granted</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td>Forfeited/Cancelled</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 1pt;">Exercised</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">-</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;"> </td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;"> </td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt;">Outstanding, March 31, 2013</td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: right;">115,099</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">14.66</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
<td style="padding-bottom: 2.5pt;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right;">-</td>
<td style="text-align: left; padding-bottom: 2.5pt;"> </td>
</tr>
</table>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">The following tables present a summary of our businesses and operating segments results. </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 88%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="6" nowrap="nowrap">Three months ended March 31,</td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap">2013</td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap">2012</td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Revenues from unaffiliated customers:</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 9pt; width: 68%; color: black;">Jinong</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 12%;">27,051,929</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 12%;">22,311,668</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 9pt; color: black;">Gufeng</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">37,690,762</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">34,095,432</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 9pt; color: black;">Jintai</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">2,466,393</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 1pt; padding-left: 9pt; color: black;">Yuxing</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">1,129,842</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">1,142,851</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Consolidated</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">65,872,533</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">60,016,344</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Operating income :</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jinong</td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">11,406,985</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">10,975,095</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Gufeng</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">5,642,544</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">5,780,062</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jintai</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(212,967</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Yuxing</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">171,500</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(97,907</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Reconciling item (1)</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Reconciling item (2)</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(256,110</td>
<td style="text-align: left;">)</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(452,580</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt; color: black;">Reconciling item (2)—stock compensation</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(440,508</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(129,695</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Consolidated</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">16,524,411</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">15,862,008</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Net income:</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jinong</td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">9,756,153</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">9,400,856</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Gufeng</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">4,178,836</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">3,865,515</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jintai</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(212,905</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Yuxing</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">172,275</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(96,848</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Reconciling item (1)</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">13</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">18</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt; color: black;">Reconciling item (2)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(696,618</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(582,275</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Consolidated</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">13,410,659</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">12,374,361</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Depreciation and Amortization:</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jinong</td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">1,990,178</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">592,031</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Gufeng</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,709,328</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">816,584</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jintai</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(1,008</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 1pt; padding-left: 0.85pt; color: black;">Yuxing</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">316,700</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">276,555</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Consolidated</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">4,016,206</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">1,684,162</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Interest expense:</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jinong</td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Gufeng</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">298,455</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">554,325</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt; color: black;">Reconciling item (2)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">-</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">-</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Consolidated</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">298,455</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">554,325</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Capital Expenditure:</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jinong</td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">6,275,253</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">1,880,430</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Gufeng</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">31,271</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(14,946</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jintai</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(3,423</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 1pt; padding-left: 0.85pt; color: black;">Yuxing</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(134,467</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">8,012</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Consolidated</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">6,172,057</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">1,870,073</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
</tr>
</table>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">(1) Reconciling amounts refer to the unallocated assets or expenses of Green New Jersey.</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">(2) Reconciling amounts refer to the unallocated assets or expenses of the Parent Company.</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 88%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td style="padding-bottom: 1pt;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="6" nowrap="nowrap">Nine months ended March 31,</td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap">2013</td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap">2012</td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Revenues from unaffiliated customers:</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 9pt; width: 68%; color: black;">Jinong</td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 12%;">77,857,756</td>
<td style="text-align: left; width: 1%;"> </td>
<td style="width: 2%;"> </td>
<td style="text-align: left; width: 1%;">$</td>
<td style="text-align: right; width: 12%;">63,543,075</td>
<td style="text-align: left; width: 1%;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 9pt; color: black;">Gufeng</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">66,612,586</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">89,666,961</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 9pt; color: black;">Jintai</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">5,780,969</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 1pt; padding-left: 9pt; color: black;">Yuxing</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">2,645,923</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">1,221,930</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Consolidated</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">147,116,265</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">160,212,935</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Operating income :</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jinong</td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">31,418,916</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">32,421,375</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Gufeng</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">8,821,041</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">12,062,444</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jintai</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(1,457,900</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Yuxing</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">260,155</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(338,365</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Reconciling item (1)</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Reconciling item (2)</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(738,343</td>
<td style="text-align: left;">)</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(2,210,290</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt; color: black;">Reconciling item (2)—stock compensation</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(2,315,036</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(1,139,938</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Consolidated</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">37,446,733</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">39,337,326</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Net income:</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jinong</td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">26,893,779</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">27,758,554</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Gufeng</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">5,848,880</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">8,055,846</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jintai</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">57</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(1,457,704</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Yuxing</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">823,911</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(156,914</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Reconciling item (1)</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">139</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">321</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt; color: black;">Reconciling item (2)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(3,053,379</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">(3,350,228</td>
<td style="text-align: left; padding-bottom: 1pt;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Consolidated</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">30,513,387</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">30,849,875</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Depreciation and Amortization:</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jinong</td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">6,449,763</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">1,756,742</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Gufeng</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">2,634,409</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">2,462,687</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jintai</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(440</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 1pt; padding-left: 0.85pt; color: black;">Yuxing</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">946,263</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">476,491</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Consolidated</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">10,030,435</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">4,695,480</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Interest expense:</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jinong</td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Gufeng</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,050,694</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">1,110,672</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt; color: black;">Reconciling item (2)</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">-</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">-</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Consolidated</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">1,050,694</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">1,110,672</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Capital Expenditure:</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jinong</td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">15,601,870</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;">$</td>
<td style="text-align: right;">5,589,432</td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Gufeng</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(876,682</td>
<td style="text-align: left;">)</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(14,946</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jintai</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">-</td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;">(3,423</td>
<td style="text-align: left;">)</td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 1pt; padding-left: 0.85pt; color: black;">Yuxing</td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">102,424</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
<td style="padding-bottom: 1pt;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right;">139,467</td>
<td style="text-align: left; padding-bottom: 1pt;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Consolidated</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">14,827,612</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">5,710,530</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
</tr>
</table>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<table style="width: 88%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="vertical-align: bottom;">
<td style="text-align: center;" nowrap="nowrap"> </td>
<td style="color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap">As of</td>
<td style="color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap">As of</td>
<td style="color: black; font-weight: bold;" nowrap="nowrap"> </td>
</tr>
<tr style="vertical-align: bottom;">
<td style="text-align: center;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap">March 31, 2013</td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
<td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap">June 30, 2012</td>
<td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Identifiable assets:</td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
<td> </td>
<td style="text-align: left;"> </td>
<td style="text-align: right;"> </td>
<td style="text-align: left;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; width: 68%; color: black;">Jinong</td>
<td style="width: 2%; color: black;"> </td>
<td style="text-align: left; width: 1%; color: black;">$</td>
<td style="text-align: right; width: 12%; color: black;">181,535,571</td>
<td style="text-align: left; width: 1%; color: black;"> </td>
<td style="width: 2%; color: black;"> </td>
<td style="text-align: left; width: 1%; color: black;">$</td>
<td style="text-align: right; width: 12%; color: black;">221,575,406</td>
<td style="text-align: left; width: 1%; color: black;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Gufeng</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">104,482,467</td>
<td style="text-align: left; color: black;"> </td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">57,657,305</td>
<td style="text-align: left; color: black;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Jintai</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">4,573,427</td>
<td style="text-align: left; color: black;"> </td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">6,670,058</td>
<td style="text-align: left; color: black;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="padding-left: 0.85pt; color: black;">Yuxing</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">38,028,176</td>
<td style="text-align: left; color: black;"> </td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">1,851,745</td>
<td style="text-align: left; color: black;"> </td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="text-align: left; padding-left: 0.85pt; color: black;">Reconciling item (1)</td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">79,213</td>
<td style="text-align: left; color: black;"> </td>
<td style="color: black;"> </td>
<td style="text-align: left; color: black;"> </td>
<td style="text-align: right; color: black;">280,445</td>
<td style="text-align: left; color: black;"> </td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0.85pt; color: black;">Reconciling item (2)</td>
<td style="padding-bottom: 1pt; color: black;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left; color: black;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right; color: black;">(3,906</td>
<td style="text-align: left; padding-bottom: 1pt; color: black;">)</td>
<td style="padding-bottom: 1pt; color: black;"> </td>
<td style="border-bottom: black 1pt solid; text-align: left; color: black;"> </td>
<td style="border-bottom: black 1pt solid; text-align: right; color: black;">(3,906</td>
<td style="text-align: left; padding-bottom: 1pt; color: black;">)</td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="padding-bottom: 2.5pt; padding-left: 0.85pt; color: black;">Consolidated</td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">328,694,948</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
<td style="padding-bottom: 2.5pt; color: black;"> </td>
<td style="border-bottom: black 2.5pt double; text-align: left; color: black;">$</td>
<td style="border-bottom: black 2.5pt double; text-align: right; color: black;">288,031,053</td>
<td style="text-align: left; padding-bottom: 2.5pt; color: black;"> </td>
</tr>
</table>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">(1) Reconciling amounts refer to the unallocated assets or expenses of Green New Jersey.</p>
<p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;">(2) Reconciling amounts refer to the unallocated assets or expenses of the Parent Company.</p>
<div><font size="2" style="font-family:times new roman,times">Rent expenses for the next five twelve-month periods ended March 31, are as follows:</font></div>
<p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><font size="2" style="font-family:times new roman,times"> </font></p>
<table style="width: 45%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0">
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td><font size="2" style="font-family:times new roman,times">Years ending:</font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td style="width: 81%;"><font size="2" style="font-family:times new roman,times">March 31, 2013</font></td>
<td style="width: 2%;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left; width: 1%;"><font size="2" style="font-family:times new roman,times">$</font></td>
<td style="text-align: right; width: 15%;"><font size="2" style="font-family:times new roman,times">62,430</font></td>
<td style="text-align: left; width: 1%;"><font size="2" style="font-family:times new roman,times"> </font></td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td><font size="2" style="font-family:times new roman,times">March 31, 2014</font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right;"><font size="2" style="font-family:times new roman,times">15,605</font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td><font size="2" style="font-family:times new roman,times">March 31, 2015</font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right;"><font size="2" style="font-family:times new roman,times">15,605</font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
</tr>
<tr style="background-color: #ccffcc; vertical-align: bottom;">
<td><font size="2" style="font-family:times new roman,times">March 31, 2016</font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right;"><font size="2" style="font-family:times new roman,times">15,605</font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
</tr>
<tr style="background-color: white; vertical-align: bottom;">
<td><font size="2" style="font-family:times new roman,times">March 31, 2017</font></td>
<td><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
<td style="text-align: right;"><font size="2" style="font-family:times new roman,times">15,605</font></td>
<td style="text-align: left;"><font size="2" style="font-family:times new roman,times"> </font></td>
</tr>
</table>
12374361
30849875
13410659
30513387
6009686
10295374
565559
577949
127140
318774
21900299
36863113
299526
502886
299526
502886
36174009
35432738
835412
719151
63280923
79664618
3163286
3183253
103453630
118999760
23388469
32425817
1176912
3524788
3622264
8850655
2387891
209088
10296000
12912125
2402966
210408
10361000
12993641
485760
83635
2042632
1897534
1608622
115724
2832603
1166066
1902131
125453
8253368
11014591
794344
94684
7528397
11827575
1582468
1582468
1550906
1357077
1295973
11 Acres
88 Acres
42,726 square meters
353,000 square meters
459898
3800000
1154688
7285099
931198
5875068
1458200
9200000
10302500
65000000
209220
1320000
6327090
40700000
1045950
11599806
73184895
50 Years
6 Years
10 Years
5 Years
50 Years
10 Years
50 Years
127149
206940
168150
169212
2827028
2719085
1045010
878996
122912
123688
480255
3030000
472
2958
829
5200
81566
3902
24480
46822
47,333 square meters
612 square meters
509,488 square feet
6,588 square feet
P50Y
P10Y
P2Y
2012-04-23
2011-09-19
2011-07-25
2011-09-09
2012-01-11
2012-03-23
2011-10-17
2011-09-08
2012-04-23
2012-08-30
2012-08-07
2013-01-24
2013-03-23
2012-10-25
2012-08-07
2012-09-25
2012-08-07
2013-01-05
2013-04-22
2012-09-19
2012-07-26
2012-07-23
2013-01-10
2013-03-22
2012-10-17
2012-09-08
2013-04-22
2013-08-29
2013-05-15
2014-01-13
2014-03-22
2013-10-25
2013-06-19
2013-09-24
2013-06-03
2014-01-04
0.0820
0.0820
0.0853
0.0754
0.0689
0.0820
0.0887
0.0820
0.0820
0.0630
0.0720
0.0660
0.0660
0.0800
0.0720
0.0800
0.0720
0.0720
The short-term loans payable consist of eight loans which mature on dates ranging from July 25, 2012 through April 22, 2013
The short-term loans payable consist of ten loans which mature on dates ranging from April 22, 2013 through March 22, 2014
0.0689
0.0630
0.0887
0.0820
554325
1110672
268455
1020694
68180
41984
17274817
21569621
332392
352524
9326298
-1138968
10465266
9042906
-1038102
10081008
-2038594
0
-2038594
-1976456
0
-1976456
765392
0
765392
1347148
0
1347148
1138968
1138968
0
1038102
1038102
0
0.34
0.25
0.34
0.25
0.00
-0.049
0.00
-0.049
0.00
-0.018
0.00
-0.033
-0.34
-0.34
0.199
0.00
0.25
0.15
0.183
0.181
0.00
0.25
0.15
0.168
0.25
0.33
0.50
0.15
0.13
0.199
0.181
0.25
5704
151515
35041
24000
300000
130000
63158
445000
1000000
0
4.75
300001
555000
3.30
300000
151515
200000
200000
40000
30000
20000
100000
50000
50000
10000
10000
10000
115099
115099
0
0
14.66
14.66
0
0
0.10
0.10
0.10
0.10
1684162
-1008
592031
276555
816584
4695480
-440
1756742
476491
2462687
4016206
0
1990178
316700
1709328
10030435
0
6449763
946263
2634409
1870073
-3423
1880430
8012
-14946
5710530
-3423
5589432
139467
-14946
6172057
0
6275253
-134467
31271
14827612
0
15601870
102424
-876682
62430
15605
15605
15605
15605
300001
Reconciling amounts refer to the unallocated assets or expenses of the Parent Company.
Reconciling amounts refer to the unallocated assets or expenses of Green New Jersey.
China Green Agriculture, Inc.
0000857949
--06-30
Accelerated Filer
cga
10-Q
false
2013-03-31
Q3
2013
8 Years
165783
0000857949cga:OtherEmployeesMember2012-09-012012-09-28
210000
00008579492013-03-012013-03-20
9396
9000
00008579492013-03-07
2500000
267506
2598595
300000
0
151515
00008579492013-05-06
27948235
277470589
242256654
13410659
12374361
30513387
30849875
cga:Square_Feet
0000857949us-gaap:MaximumMember2012-07-012013-03-31
315000
2000000