Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)	3 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Cash flows from operating activities
Net income (loss)	$ (30,952,914)	$ (7,315,799)
Adjustments to reconcile Net income (loss) to net cash provided by (used in) operating activities
Depreciation and amortization	920,432	1,188,190
Provision for losses on accounts receivable	17,562,141	13,943,912
Gain (Loss) on disposal of property, plant and equipment	1,528	33,435
Amortization of debt discount		20,899
Inventories impairment	12,910,479
Change in fair value of derivative liability		(15,104)
Changes in operating assets
Accounts receivable	(16,826,575)	(13,514,247)
Amount due from related parties	(157,905)	(80,911)
Other current assets	(328,204)	(652,477)
Inventories	(17,809,274)	8,879,490
Advances to suppliers	29,023,657	2,317,991
Other assets	486,453	454,095
Changes in operating liabilities
Accounts payable	1,090,518	(924,134)
Customer deposits	1,556,349	(92,725)
Tax payables	428,007	(1,674,708)
Accrued expenses and other payables	441,796	505,315
Interest payable		6,412
Net cash provided by (used in) operating activities	(1,653,512)	3,079,634
Cash flows from investing activities
Purchase of plant, property, and equipment	(21,112)	(11,401)
Change in construction in process	(8,855)	(7,195)
Net cash provided by (used in) investing activities	(29,967)	(18,596)
Cash flows from financing activities
Proceeds from the sale of common stock		10,252,000
Proceeds from loans	294,400	279,600
Advance from related party		200,000
Net cash provided by (used in) financing activities	294,400	10,731,600
Effect of exchange rate change on cash and cash equivalents	2,286,224	(3,098,502)
Net increase in cash and cash equivalents	897,144	10,694,136
Cash and cash equivalents, beginning balance	11,934,778	72,259,804
Cash and cash equivalents, ending balance	12,831,922	82,953,940
Supplement disclosure of cash flow information
Interest expense paid	56,768	70,789
Income taxes paid	$ 78,562	$ 2,661,878