Consolidated Balance Sheets - USD ($)	Jun. 30, 2020	Jun. 30, 2019
Current Assets
Cash and cash equivalents	$ 11,934,778	$ 72,259,804
Accounts receivable, net	105,693,326	145,190,160
Inventories	98,921,081	162,013,889
Prepaid expenses and other current assets	3,567,912	2,776,370
Amount due from related parties	66
Advances to suppliers, net	65,081,818	32,713,817
Total Current Assets	285,198,981	414,954,039
Plant, Property and Equipment, Net	22,928,334	26,669,938
Other Assets	260,362	267,907
Other Non-current Assets	10,943,875	13,352,645
Intangible Assets, Net	15,751,625	17,881,449
Goodwill	7,045,006	7,874,421
Total Assets	342,128,183	481,000,399
Current Liabilities
Accounts payable	17,719,093	19,004,548
Customer deposits	7,342,590	6,514,619
Accrued expenses and other payables	14,139,324	12,029,722
Amount due to related parties	4,212,407	3,641,945
Taxes payable	31,645,452	31,357,690
Short term loans	3,537,500	3,640,000
Interest payable	725,895	720,720
Derivative liability		18,162
Convertible notes payable		7,517,307
Total Current Liabilities	79,322,261	84,444,714
Total Liabilities	79,322,261	84,444,714
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, 6,350,129 and 3,986,912 shares issued and outstanding as of June 30, 2020 and June 30, 2019, respectively	6,350	3,987
Additional paid-in capital	155,455,332	138,012,445
Statutory reserve	29,743,991	31,237,891
Retained earnings	111,864,338	247,122,574
Accumulated other comprehensive income	(34,264,089)	(19,821,211)
Total Stockholders’ Equity	262,805,922	396,555,686
Total Liabilities and Stockholders’ Equity	$ 342,128,183	$ 481,000,399