Consolidated Balance Sheets - USD ($)	Jun. 30, 2019	Jun. 30, 2018
Current Assets
Cash and cash equivalents	$ 72,259,804	$ 150,805,639
Accounts receivable, net	145,190,160	174,460,937
Inventories	162,013,889	53,784,814
Prepaid expenses and other current assets	2,776,370	2,945,247
Amount due from related parties	0	235,551
Advances to suppliers, net	32,713,817	25,194,463
Total Current Assets	414,954,039	407,426,651
Plant, Property and Equipment, Net	26,669,938	30,894,683
Other Assets	267,907	294,550
Other Non-current Assets	13,352,645	15,885,696
Intangible Assets, Net	17,881,449	20,317,914
Goodwill	7,874,421	8,166,467
Total Assets	481,000,399	482,985,960
Current Liabilities
Accounts payable	19,004,548	27,128,921
Customer deposits	6,514,619	7,251,967
Accrued expenses and other payables	12,029,722	10,207,058
Amount due to related parties	3,641,945	3,271,619
Taxes payable	31,357,690	29,952,206
Short term loans	3,640,000	4,726,300
Interest payable	720,720	462,060
Derivative liability	18,162	66,143
Total Current Liabilities	76,927,406	83,066,274
Long-term Liabilities
Convertible notes payable	7,517,307	7,371,899
Total Liabilities	84,444,713	90,438,173
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, 3,986,912 and 3,241,413 shares issued and outstanding as of June 30, 2019 and June 30, 2018, respectively	3,985	3,241
Additional paid-in capital	138,012,445	129,372,691
Statutory reserve	31,237,891	30,947,344
Retained earnings	247,122,574	235,822,726
Accumulated other comprehensive income	(19,821,211)	(3,598,215)
Total Stockholders' Equity	396,555,686	392,547,786
Total Liabilities and Stockholders' Equity	$ 481,000,399	$ 482,985,960