Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Cash flows from operating activities
Net income	$ 9,011,805	$ 5,094,828
Income from discontinued operations, net of income taxes		42,070
Income from continued operations, net of income taxes	9,011,805	5,052,758
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation and amortization	1,226,500	1,900,626
Gain (Loss) on disposal of property, plant and equipment	4,451	15,109
Amortization of debt discount	103,219	105,293
Change in fair value of derivative liability	(101,807)	(79,343)
Changes in operating assets
Accounts receivable	31,722,160	37,881,192
Amount due from related parties	(22,165)	(121,120)
Other current assets	1,012,668	1,531,095
Inventories	(34,434,298)	(41,278,460)
Advances to suppliers	5,850,761	5,052,781
Other assets	(1,472,705)	447,190
Changes in operating liabilities
Accounts payable	(3,737,493)	4,461,065
Customer deposits	(1,218,707)	(1,197,303)
Tax payables	(457,945)	(1,973,188)
Accrued expenses and other payables	962,954	237,624
Interest payable	69,442	70,836
Net cash provided by continued operating activities	8,518,839	12,106,155
Net cash provided by (used in) discontinued operation		(10,782)
Net cash provided by operating activities	8,518,839	12,095,373
Cash flows from investing activities
Purchase of plant, property, and equipment	(31,273)	(5,929)
Change in construction in process		(11,280)
Net cash used in investing activities	(31,273)	(17,209)
Cash flows from financing activities
Proceeds from loans		1,802,500
Repayment of loans	(191,056)	(3,156,300)
Net cash used in financing activities	(191,056)	(1,353,800)
Effect of exchange rate change on cash and cash equivalents	(5,947,491)	134,551
Net increase in cash and cash equivalents	2,349,019	10,858,915
Cash and cash equivalents, beginning balance	150,805,639	123,050,548
Cash and cash equivalents, ending balance	153,154,657	133,909,463
Supplement disclosure of cash flow information
Interest expense paid	106,597	725,317
Income taxes paid	$ 2,118,026	$ 3,695,843