Consolidated Balance Sheets - USD ($)	Jun. 30, 2018	Jun. 30, 2017
Current Assets
Cash and cash equivalents	$ 150,805,639	$ 123,031,537
Accounts receivable, net	174,460,937	139,596,455
Inventories	53,784,814	78,006,276
Prepaid expenses and other current assets	2,945,247	4,201,782
Amount due from related parties	235,551	1,412,844
Advances to suppliers, net	25,194,463	23,542,307
Current Assets for discontinued VIE	0	1,163,261
Total Current Assets	407,426,651	370,954,462
Plant, Property and Equipment, Net	30,894,683	34,191,332
Deferred Asset, Net	0	864,070
Other Assets	294,550	279,031
Other Non-current Assets	15,885,696	17,829,621
Intangible Assets, Net	20,317,914	21,979,421
Goodwill	8,166,467	8,125,148
Noncurrent Assets for discontinued VIE	0	1,458,545
Total Assets	482,985,960	455,681,630
Current Liabilities
Accounts payable	27,128,921	19,643,897
Customer deposits	7,251,967	7,007,509
Accrued expenses and other payables	10,207,058	9,066,465
Amount due to related parties	3,271,619	3,071,102
Taxes payable	29,952,206	2,690,407
Short term loans	4,726,300	7,678,111
Interest payable	462,060	256,904
Derivative liability	66,143	195,812
Current liabilities for discontinued VIE	0	107,908
Total Current Liabilities	83,066,274	49,718,115
Long-term Liabilities
Long-term loan	0	3,549
Convertible notes payable	7,371,899	8,431,912
Noncurrent liabilities for discontinued VIE	0	0
Total Liabilities	90,438,173	58,153,576
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, 38,896,945 and 38,551,265 shares issued and outstanding as of June 30, 2018 and June 30, 2017, respectively	38,897	38,551
Additional paid-in capital	129,337,035	128,915,651
Statutory reserve	30,947,344	28,962,302
Retained earnings	235,822,726	244,738,993
Accumulated other comprehensive income	(3,598,215)	(5,127,443)
Total Stockholders' Equity	392,547,787	397,528,054
Total Liabilities and Stockholders' Equity	$ 482,985,960	$ 455,681,630