Consolidated Balance Sheets - USD ($)	Sep. 30, 2017	Jun. 30, 2017
Current Assets
Cash and cash equivalents	$ 133,909,463	$ 123,050,548
Accounts receivable, net	102,418,604	140,252,335
Inventories	119,601,723	78,013,891
Prepaid expenses and other current assets	2,668,581	4,201,782
Amount due from related parties	1,534,566	1,412,844
Advances to suppliers, net	18,756,906	24,023,062
Total Current Assets	378,889,843	370,954,462
Plant, Property and Equipment, Net	33,384,182	34,191,332
Deferred Asset, Net	213,289	864,070
Other Assets	290,458	279,031
Other Non-current Assets	17,388,889	17,829,621
Intangible Assets, Net	22,446,433	22,911,876
Goodwill	8,654,923	8,651,238
Total Assets	461,268,017	455,681,630
Current Liabilities
Accounts payable	24,124,592	19,643,897
Customer deposits	5,849,222	7,046,570
Accrued expenses and other payables	9,333,065	9,135,313
Amount due to related parties	3,071,621	3,071,102
Taxes payable	713,343	2,690,407
Short term loans	6,327,630	7,678,111
Interest payable	328,030	256,904
Derivative liability	116,350	195,812
Total Current Liabilities	49,863,853	49,718,116
Long-term Liabilities
Long-term loan	0	3,549
Convertible notes payable	8,541,065	8,431,912
Total Liabilities	58,404,918	58,153,577
Stockholders' Equity
Preferred Stock, $.001 par value, 20,000,000 shares authorized, zero shares issued and outstanding
Common stock, $.001 par value, 115,197,165 shares authorized, 38,551,265, shares issued and outstanding as of September 30, 2017 and June 30, 2017, respectively	38,551	38,551
Additional paid-in capital	128,915,651	128,915,651
Statutory reserve	29,583,184	28,962,302
Retained earnings	249,212,939	244,738,993
Accumulated other comprehensive income	(4,887,226)	(5,127,444)
Total Stockholders' Equity	402,863,099	397,528,052
Total Liabilities and Stockholders' Equity	$ 461,268,017	$ 455,681,629