INTANGIBLE ASSETS (Tables)

6 Months Ended

Dec. 31, 2013

Schedule of Impaired Intangible Assets [Table Text Block]

Intangible assets consist of the following:

	December 31,		June 30,
	2013		2013
Land use rights, net	$	11,949,351	$	11,940,658
Technology patent, net		627,517		744,280
Customer relationships, net		6,933,447		7,378,823
Non-compete agreement		64,825		85,430
Trademarks		6,662,591		6,458,822
Total	$	26,237,731	$	26,608,013

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

Estimated amortization expenses of intangible assets for the next five (5) years after December 31, 2013, are as follows:

Year Ends	Expense ($)
December 31, 2014	1,625,157
December 31, 2015	1,614,056
December 31, 2016	1,581,940
December 31, 2017	1,392,037
December 31, 2018	1,330,933

Use Rights [Member]

Schedule of Impaired Intangible Assets [Table Text Block]

The Land Use Rights consist of the following:

	December 31,		June 30,
	2013		2013
Land use rights	$	13,344,160	$	13,189,280
Less: accumulated amortization		(1,394,809)		(1,248,622)
Total land use rights, net	$	11,949,351	$	11,940,658

Developed Technology Rights [Member]

Schedule of Impaired Intangible Assets [Table Text Block]

The technology know-how consisted of the following:

	December 31,		June 30,
	2013		2013
Technology know-how	$	2,467,789	$	2,439,146
Less: accumulated amortization		(1,840,272)		(1,694,866)
Total technology know-how, net	$	627,517	$	744,280

Customer Relationships [Member]

Schedule of Impaired Intangible Assets [Table Text Block]

	December 31,		June 30,
	2013		2013
Customer relationships	$	10,640,500	$	10,517,000
Less: accumulated amortization		(3,707,053)		(3,138,177)
Total customer relationships, net	$	6,933,447	$	7,378,823

Noncompete Agreements [Member]

Schedule of Impaired Intangible Assets [Table Text Block]

	December 31,		June 30,
	2013		2013
Non-compete agreement	$	216,084	$	213,576
Less: accumulated amortization		(151,259)		(128,146)
Total non-compete agreement, net	$	64,825	$	85,430