INTANGIBLE ASSETS (Tables)

9 Months Ended

Mar. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Impaired Intangible Assets [Table Text Block]

Intangible assets consisted of the following:

	March 31,		June 30,
	2016		2015
Land use rights, net	$	10,760,822	$	11,554,776
Technology patent, net		59,455		251,008
Customer relationships, net		4,300,860		5,337,372
Trademarks		6,312,570		6,662,590
Total	$	21,433,707	$	23,805,746

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

Estimated amortization expenses of intangible assets for the next five twelve months periods ended March 31, 2016, are as follows:

AMORTIZATION TABLE
Year Ends	Expense ($)
March 31, 2016		1,320,467
March 31, 2017		1,261,012
March 31, 2018		1,261,012
March 31, 2019		1,261,012
March 31, 2020		504,899

Use Rights [Member]

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Impaired Intangible Assets [Table Text Block]

The Land Use Rights consisted of the following:

	March 31,			June 30,
	2016			2015
Land use rights	$	12,643,123		$	13,344,160
Less: accumulated amortization		(1,882,301)	)		(1,789,384)
Total land use rights, net	$	10,760,822		$	11,554,776

Developed Technology Rights [Member]

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Impaired Intangible Assets [Table Text Block]

The technology know-how consisted of the following:

	March 31,			June 30,
	2016			2015
Technology know-how	$	2,338,143		$	2,467,789
Less: accumulated amortization		(2,278,688)	)		(2,216,781)
Total technology know-how, net	$	59,455		$	251,008

Customer Relationships [Member]

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Impaired Intangible Assets [Table Text Block]

The fair value on the acquired customer relationships was estimated to be RMB65,000,000 (or $10,081,500) and is amortized over the remaining useful life of ten years.

	March 31,			June 30,
	2016			2015
Customer relationships	$	10,081,500		$	10,640,500
Less: accumulated amortization		(5,780,640)	)		(5,303,128)
Total customer relationships, net	$	4,300,860		$	5,337,372