Concentrations	9 Months Ended
Mar. 31, 2017
Concentrations [Abstract]
CONCENTRATIONS	NOTE 12 – CONCENTRATIONS *Cash and cash equivalents concentration* The Company maintains large sums of cash in three major banks in China. The aggregate cash in such accounts and on hand as of March 31, 2017 and June 30, 2016 were $118,259,995 and $102,896,486, respectively. Financial instruments that potentially subject the Company to concentration of credit risk consist principally of cash deposits. *Market Concentration* 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. 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 environment 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. *Vendor and Customer Concentration* There is one vendor from which the Company purchased 15.4% of its raw materials for the three month ended March 31, 2017. Total purchases from this vendor amounted to $8,670,903 as of March 31, 2017. There is one vendor from which the Company purchased 15.4% of its raw materials for the three months ended March 31, 2017. Total purchases from this vendor amounted to $8,670,903 as of March 31, 2017. No customer accounted for over 10% of the Company’s sales for the three months ended March 31, 2017. One customer accounted for 37.8% of the Company’s sales for the three months ended March 31, 2016.

Concentrations

9 Months Ended

Mar. 31, 2017

NOTE 12 – CONCENTRATIONS

Cash and cash equivalents concentration

The Company maintains large sums of cash in three major banks in China. The aggregate cash in such accounts and on hand as of March 31, 2017 and June 30, 2016 were $118,259,995 and $102,896,486, respectively. Financial instruments that potentially subject the Company to concentration of credit risk consist principally of cash deposits.

Market Concentration

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.

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 environment 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.

Vendor and Customer Concentration

There is one vendor from which the Company purchased 15.4% of its raw materials for the three month ended March 31, 2017. Total purchases from this vendor amounted to $8,670,903 as of March 31, 2017.

There is one vendor from which the Company purchased 15.4% of its raw materials for the three months ended March 31, 2017. Total purchases from this vendor amounted to $8,670,903 as of March 31, 2017.

No customer accounted for over 10% of the Company’s sales for the three months ended March 31, 2017.

One customer accounted for 37.8% of the Company’s sales for the three months ended March 31, 2016.