XT Energy (XTEG) 10-Q 10 Jun 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Apr. 30, 2016	Jun. 07, 2016
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Apr. 30, 2016
Trading Symbol	goas
Entity Registrant Name	XIANGTIAN (USA) AIR POWER CO., LTD.
Entity Central Index Key	1,472,468
Current Fiscal Year End Date	--07-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		591,042,000
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well Known Seasoned Issuer	No
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Apr. 30, 2016	Jul. 31, 2015
Current assets
Cash and cash equivalence	$ 44,553	$ 502,029
Accounts receivable	6,149,956	4,720,093
Other receivables	522,827	360,071
Advances to suppliers	4,363,878	5,173,680
Due from related parties	696,396	611,879
Inventory	1,246,644	1,463,856
Other current asset	117,309	721,868
Total current assets	13,141,563	13,553,476
Non-current assets
Property, plant and equipment, net	4,689,861	7,679,323
Deposit for property, plant and equipment	183,007	90,826
Total non-current assets	4,872,868	7,770,149
Total assets	18,014,431	21,323,625
Current liabilities
Accounts payable and accrued liabilities	6,602,608	3,534,973
Due to shareholders	18,181	18,954
Capital lease obligations - current	0	33,152
Due to director	419,093	417,770
Due to related parties	1,447,499	1,056,568
Advance from customers	295,330	451,962
Deferred tax liabilities	0	83,101
Billings in excess of costs	8,233	3,489,776
Total current liabilities	8,790,944	9,086,256
Non-current liabilities
Capital lease obligations - non-current	0	2,687,887
Total non-current liabilities	0	2,687,887
Total liabilities	8,790,944	11,774,143
Commitments and contingencies	0	0
STOCKHOLDERS' EQUITY
Preferred stock: $0.001 par value, 100,000,000 shares authorized, none issued and outstanding	0	0
Common stock: $0.001 par value, 1,000,000,000 shares authorized, 591,042,000 shares issued and outstanding	591,042	591,042
Additional paid-in capital	9,712,175	9,457,675
Subscription receivable	(310,000)	(310,000)
Deficit accumulated	(364,366)	(204,751)
Accumulated other comprehensive gain	(405,364)	15,516
Total stockholders' equity	9,223,487	9,549,482
Total liabilities and stockholders' equity	$ 18,014,431	$ 21,323,625

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Apr. 30, 2016	Jul. 31, 2015
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized	100,000,000	100,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	1,000,000,000	1,000,000,000
Common stock, shares issued	591,042,000	591,042,000
Common stock, shares outstanding	591,042,000	591,042,000

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Loss - USD ($)	3 Months Ended		9 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2016	Apr. 30, 2015
Revenue	$ 8,940,206	$ 1,130,405	$ 9,009,326	$ 1,130,405
Cost of sales	7,957,023	938,674	8,020,566	938,674
Gross profit	983,183	191,731	988,760	191,731
Operating expenses:
Selling expenses	6,668	5,731	16,015	16,391
General and administrative expenses	401,734	187,067	1,027,521	918,378
Loss from operations	408,402	192,798	1,043,536	934,769
Other (expense) income
Interest expense	136	(44,178)	136	(126,879)
Non-operating income (loss)	(767)	0	135,296	(90)
Exchange gain (loss)	8	491	(17,910)	(12)
Total other (expense) income, net	(623)	(43,687)	117,522	(126,981)
Net income (loss) before taxes	574,158	(44,754)	62,746	(870,019)
Income tax benefit (expense)	(295,439)	20,548	(222,361)	179,120
Net income (loss)	278,719	(24,206)	(159,615)	(690,899)
Foreign currency translation adjustment	151,172	68,662	(420,880)	24,568
Comprehensive income (loss)	$ 429,891	$ 44,456	$ (580,495)	$ (666,331)
Earnings (loss) per common share - basic and diluted	$ 0	$ 0	$ 0	$ 0
Weighted average number of common shares outstanding - basic and diluted	591,042,000	531,042,000	591,042,000	531,042,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	9 Months Ended
	Apr. 30, 2016	Apr. 30, 2015
Cash flows from operating activities:
Net loss	$ (159,615)	$ (690,899)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation	201,090	310,560
Deferred tax asset	0	(185,177)
Rent contributed by shareholders as paid-in capital	4,500	4,500
Gain on termination of capital lease	(129,159)	0
Changes in operating assets and liabilities:
Accounts receivable	(1,445,208)	(808,753)
Other receivables	(164,202)	(327,150)
Prepayment	805,207	2,089,024
Inventory	2,233,930	(367,649)
Due from related party	(117,041)	(404,376)
Other current asset	606,446	(2,713,042)
Accounts payable and accrued liabilities	2,745,623	2,265,143
Other payables and tax payables	341,447	277,548
Advance billings on contracts	(5,668,290)	2,908,357
Deferred tax liability	(83,388)	0
Capital lease interest payable to related parties	0	119,631
Net cash provided by (used in) operating activities	(828,660)	2,477,717
Cash flows from investing activities:
Purchase of property and equipment	(98,250)	(64,505)
Repayment of loan made to related parties	31,053	0
Net cash provided by (used in) investing activities	(67,197)	(64,505)
Cash flows from financing activities:
Proceeds from/(Repayment of) advances from related parties	392,061	(2,336,613)
Advances from director	1,327	(13,031)
Advances from shareholders	250,000	0
Net cash provided by (used in) financing activities	643,388	(2,349,644)
Effect of exchange rate change on cash	(205,007)	(128,699)
Net change in cash and cash equivalents	(457,476)	(65,131)
Cash and cash equivalents - beginning of period	502,029	556,788
Cash and cash equivalents - end of period	$ 44,553	$ 491,657

NATURE OF OPERATIONS

NATURE OF OPERATIONS	9 Months Ended
	Apr. 30, 2016
NATURE OF OPERATIONS [Text Block]	NOTE 1 - NATURE OF OPERATIONS Xiangtian (USA) Air Power Co., Ltd. (the “Company”) was incorporated in the State of Delaware on September 2, 2008 as Goa Sweet Tours Ltd. The Company was originally formed to provide personalized concierge tour packages to tourists who visit the State of Goa, India. On April 17, 2012, the Company entered into Share Purchase Agreements, by and among, Luck Sky International Investment Holdings Limited (“Lucky Sky”), an entity owned and controlled by Zhou Deng Rong, and certain of our former stockholders who owned, in the aggregate, 7,200,000 shares of the Company’s common stock ( 90% of the then outstanding shares). Luck Sky purchased all 7,200,000 shares for an aggregate of $235,000. The sale was completed on May 15, 2012. On May 25, 2012, the Company formed a corporation under the laws of the State of Delaware called Xiangtian (USA) Air Power Co., Ltd. ("Merger Sub") and on the same day, acquired one hundred shares of Merger Sub's common stock for cash. As such, Merger Sub became a wholly-owned subsidiary of the Company. Effective as of May 29, 2012, Merger Sub was merged with and into the Company. As a result of the merger, the Company’s name was changed to “Xiangtian (USA) Air Power Co., Ltd.” Prior to the merger, Merger Sub had no liabilities and nominal assets and, as a result of the merger, the separate existence of the Merger Sub ceased. The Company was the surviving corporation in the merger and, except for the name change provided for in the Agreement and Plan of Merger, there was no change in the directors, officers, capital structure or business of the Company. Merger with LuckSky (Hong Kong) Shares Limited On September 5, 2013, the Company entered into a business combination by means of merger of LuckSky (Hong Kong) Shares Limited (“HK Shares”), a Hong Kong corporation, for 250,000,000 shares of common stock of the Company. Prior to the merger, HK Shares had no liabilities and nominal assets. On September 23, 2013, the Company issued 250,000,000 shares of common stock to the shareholders of HK Shares. Effectively on September 24, 2013, the shareholders of HK Shares accepted the shares from the Company and surrendered its control of HK Shares to the Company in exchange of 250,000,000 shares of HK Shares to be issued to its shareholders. On October 16, 2013, HK Shares completed the issuance of its 250,000,000 shares accordingly. HK Shares was canceled on December 23, 2014. Acquisition of Sanhe City Lucksky Electrical Engineering Co., Ltd. On July 25, 2014, Luck Sky (Shen Zhen) Aerodynamic Electricity Limited (“Luck Sky Shen Zhen”), a corporation incorporated under the laws of the People Republic of China (“PRC”), an indirect wholly-owned subsidiary; Sanhe City Lucksky Electrical Engineering Co., Ltd. (“Sanhe”), a corporation incorporated under the laws of the PRC; and Mr. Zhou Jian and Mr. Zhou Deng Rong, the owners of 97% and 3%, respectively, of Sanhe; entered into a series of agreements known as variable interest agreements (the “VIE Agreements”) pursuant to which Sanhe became Luck Sky Shen Zhen’s contractually controlled affiliate. The purpose and effect of the VIE Agreements is to provide Luck Sky Shen Zhen (our indirect wholly-owned subsidiary) with all of the management, control and net profits of Sanhe. Simultaneously, the Company entered into a common stock purchase agreement with Zhou Jian and Zhou Deng Rong, the owners of 97% and 3%, respectively, of Sanhe, in consideration for the execution of the VIE Agreements and the acquisition of Sanhe. Pursuant to the Stock Purchase Agreement, the Company issued Zhou Jian and Zhou Deng Rong 264,850,740 and 8,191,260 shares, respectively, of our common stock, representing 51.4% of the then total issued and outstanding shares of our common stock.

BASIS OF PRESENTATION AND SUMMA

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Apr. 30, 2016
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Text Block]	NOTE 2 - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The consolidated financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America. This basis of accounting involves the application of accrual accounting and consequently, revenues and gains are recognized when earned, and expenses and losses are recognized when incurred. The Company’s consolidated financial statements are expressed in U.S. dollars. Use of Estimates and Assumptions The preparation of consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period. Actual results could differ from those estimates. Interim Financial Statements The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) applicable to interim financial information and the requirements of Form 10-Q and Rule 8-03 of Regulation S-X of the Securities and Exchange Commission. Accordingly, they do not include all of the information and disclosure required by accounting principles generally accepted in the United States of America for complete financial statements. Interim results are not necessarily indicative of results for a full year. In the opinion of management, all adjustments considered necessary for a fair presentation of the financial position and the results of operations and cash flows for the interim periods have been included. These interim financial statements should be read in conjunction with the audited financial statements for the year ended July 31, 2015, as not all disclosures required by generally accepted accounting principles for annual financial statements are presented. The interim financial statements follow the same accounting policies and methods of computations as the audited financial statements for the year ended July 31, 2015. These interim financial statements should be read in conjunction with the audited financial statements for the year ended July 31, 2015, as not all disclosures required by generally accepted accounting principles for annual financial statements are presented. The interim financial statements follow the same accounting policies and methods of computations as the audited financial statements for the year ended July 31, 2015. Reclassification Certain amounts in the prior period financial statements have been reclassified to conform to the current period presentation. These reclassifications had no effect on reported net income or losses. Principle of Consolidation The consolidated financial statements include the accounts of the Company, its subsidiaries and VIE for which it is deemed the primary beneficiary. All significant inter-company accounts and transactions have been eliminated in consolidation. The Company evaluates the need to consolidate its VIE in which equity investors do not have the characteristics of a controlling financial interest or do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support. The VIE agreement was not consummated until July 25, 2014. However, the purpose and design of the establishment of the VIE, Sanhe, was to consolidate common control under the Company. ASC 810-10-25-38F states that a reporting entity’s involvement in the design of a VIE may indicate that the reporting entity had the opportunity and the incentive to establish arrangements that result in the reporting entity being the variable interest holder with the power to direct the activities that most significantly impact the VIE’s economic performance. As both the Company and the acquired VIE, Sanhe, are under the common control of Zhou Dengrong and Zhou Jian immediately before and after the acquisition, this transaction was accounted for as a merger under common control, using merger accounting as if the merger had been consummated at the beginning of the earliest period presented, and no gain or loss was recognized. All the assets and liabilities of the VIE, Sanhe, are recorded at carrying value. Hence, Sanhe was consolidated under the Company since its inception due to the purpose and design of its establishment. The following financial statement amounts and balances of the VIE that was established on August 6, 2014, were included in the accompanying consolidated financial statements as of April 30, 2016 and July 31, 2015 and for the nine-month period ended April 30, 2016 and 2015, respectively: April 30, 2016 July 31, 2015 (Unaudited) Total assets $ 17,773,001 $ 20,948,502 Total liabilities 8,728,624 11,457,633 For the nine For the nine months months ended ended April 30,2016 April 30,2015 (Unaudited) (Unaudited) Net loss $ 59,615 $ 559,947 Fair Value Measurements The Company applies the provisions of ASC Subtopic 820-10, “Fair Value Measurements”, for fair value measurements of financial assets and financial liabilities and for fair value measurements of nonfinancial items that are recognized or disclosed at fair value in the financial statements. ASC 820 also establishes a framework for measuring fair value and expands disclosures about fair value measurements. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities required or permitted to be recorded at fair value, the Company considers the principal or most advantageous market in which it would transact and it considers assumptions that market participants would use when pricing the asset or liability. ASC 820 establishes a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 establishes three levels of inputs that may be used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows: [ ] Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. [ ] Level 2 inputs to the valuation methodology includes quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the assets or liability, either directly or indirectly, for substantially the full term of the financial instruments. [ ] Level 3 inputs to the valuation methodology are unobservable and significant to the fair value. There were no assets or liabilities measured at fair value on a recurring basis subject to the disclosure requirements of ASC 820 as of April 30, 2016 and July 31, 2015. Cash and Cash Equivalents The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. Inventory Inventory is stated at the lower of cost or market. Cost is principally determined using the weighted average basis. Construction costs incurred on contracts are included in inventories which consist of raw materials, accessory parts, and contracts work in progress. Property and equipment Property and equipment are stated at cost less accumulated depreciation and impairment losses. Gains or losses on dispositions of property and equipment are included in operating income (loss). Major additions, renewals and betterments are capitalized, while maintenance and repairs are expensed as incurred. Depreciation and amortization are provided over the estimated useful lives of the assets using the straight-line method from the time the assets are placed in service. Estimated useful lives are as follows, taking into account the assets' estimated residual value: Classification Estimated useful life Machinery equipment 5 - 10 years Computer and office equipment 3 years Vehicle 5 years Revenue Recognition Sales of power generation system in conjunction of system installation are recognized under accounting for construction-type contracts, using the completed contract method. Accordingly, revenue is recognized upon the completion of the construction, provided persuasive evidence of an arrangement exists, title and risk of loss has transferred, the fee is fixed and determinable, and collection is reasonably assured. We provide for any loss that we expect to incur on these contracts when that loss is probable. Warranty and Returns The Company generally provides limited warranties for work performed under its contracts. The warranty periods typically extend for a limited duration following substantial completion of the Company's work on a project. At the time a sale is recognized, we record estimated future warranty costs. Such estimated costs for warranties are included in the individual project cost estimates for purposes of accounting for long-term contracts. Generally, the estimated claim rates of warranty are based on actual warranty experience or Company’s best estimate. No right of return exists on sales of equipment. Replacement part returns are estimable and accrued at the time a sale is recognized. Value added taxes The Company is subject to VAT at a rate of 17% on proceeds received from customers, and are entitled to a refund for VAT already paid or borne on the goods purchased by it that have generated the gross sales proceeds. The VAT balance is recorded in other payables on the balance sheets. Income Taxes The Company accounts for income taxes using an asset and liability approach which allows for the recognition and measurement of deferred tax assets based upon the likelihood of realization of tax benefits in future years. Under the asset and liability approach, deferred taxes are provided for the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. A valuation allowance is provided for deferred tax assets if it is more likely than not these items will either expire before the Company is able to realize their benefits, or that future deductibility is uncertain. Under ASC 740, a tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The evaluation of a tax position is a two-step process. The first step is to determine whether it is more-likely-than-not that a tax position will be sustained upon examination, including the resolution of any related appeals or litigations based on the technical merits of that position. The second step is to measure a tax position that meets the more-likely-than-not threshold to determine the amount of benefit to be recognized in the financial statements. A tax position is measured at the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement. Tax positions that previously failed to meet the more-likely-than-not recognition threshold should be recognized in the first subsequent period in which the threshold is met. Previously recognized tax positions that no longer meet the more-likely-than-not criteria should be de-recognized in the first subsequent financial reporting period in which the threshold is no longer met. Penalties and interest incurred related to underpayment of income tax are classified as income tax expense in the year incurred. No significant penalties or interest relating to income taxes have been incurred during the period from July 8, 2013 (inception) to December 31, 2013. US GAAP also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosures and transition. Comprehensive Loss The Company follows the provisions of the Financial Accounting Standards Board (the “FASB”) Accounting Standards Codification (“ASC”) 220 “Reporting Comprehensive Income”, and establishes standards for the reporting and display of comprehensive income, its components and accumulated balances in a full set of general purpose financial statements. Foreign Currency Translation The Company’s functional currency is Chinese Renminbi (“RMB”) as substantially all of the Company’s PRC subsidiaries’ operations use this denomination. The consolidated financial statements are presented in U.S. dollars. Foreign denominated monetary assets and liabilities are translated into their United States dollar equivalents using foreign exchange rates which prevailed at the balance sheet date. Non-monetary assets and liabilities are translated at the exchange rates prevailing at the transaction date. Revenues and expenses are translated at average rates of exchange during the year. Gains or losses resulting from foreign currency transactions are included in results of operations. For the purpose of presenting these financial statements of subsidiaries in PRC, the Company’s assets and liabilities are expressed in US$ at the exchange rate on the balance sheet date, which is 6.4738 and 6.2097 as of April 30, 2016 and July 31, 2015, respectively; stockholder’s equity accounts are translated at historical rates, and income and expense items are translated at the weighted average exchange rate during the period, which is 6.4407 and 6.1824 for the nine-month period ended April 30, 2016 and April 30, 2015. The resulting translation adjustments are reported under accumulated other comprehensive income in the stockholder’s equity section of the balance sheets. For the purpose of presenting these financial statements of subsidiaries in Hong Kong, PRC, the Company’s assets and liabilities are expressed in US$ at the exchange rate on the balance sheet date, which is 7.7570 and 7.7514 as of April 30, 2016 and July 31, 2015, respectively; stockholder’s equity accounts are translated at historical rates, and income and expense items are translated at the weighted average exchange rate during the period, which is 7.7591 and 7.7540 the nine-month period ended April 30, 2016 and April 30, 2015, respectively. The resulting translation adjustments are reported under accumulated other comprehensive income in the stockholder’s equity section of the balance sheets. Earnings (Loss) per Share Basic earnings per share are computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding during the period, excluding the effects of any potentially dilutive securities. Diluted earnings per share gives effect to all dilutive potential of shares of common stock outstanding during the period including stock options or warrants, using the treasury stock method (by using the average stock price for the period to determine the number of shares assumed to be purchased from the exercise of stock options or warrants), and convertible debt or convertible preferred stock, using the if-converted method. Earnings per share excludes all potential dilutive shares of common stock if their effect is anti-dilutive. There were no potential dilutive securities at April 30, 2016 and 2015. Recent Accounting Pronouncements In July 2015, the FASB issued ASU No. 2015-11, simplifying the Measurement of Inventory, which modifies existing requirements regarding measuring inventory at the lower of cost or market. Under existing standards, the market amount requires consideration of replacement cost, net realizable value (NRV), and NRV less an approximately normal profit margin. The new ASU replaces market with NRV, defined as estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. This eliminates the need to determine and consider replacement cost or NRV less an approximately normal profit margin when measuring inventory. The amendments are effective for the annual period ending after December 15, 2016, and for annual and interim periods thereafter. Early application is permitted. The Company is currently assessing this ASU’s impacts on the Company’s consolidated results of operations and financial condition. In February 2015, FASB issued ASU No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis. The new consolidation standard changes the way reporting enterprises evaluate whether (a) they should consolidate limited partnerships and similar entities, (b) fees paid to a decision maker or service provider are variable interests in a VIE, and (c) variable interests in a VIE held by related parties of the reporting enterprise require the reporting enterprise to consolidate the VIE. The guidance is effective for public business entities for annual and interim periods in fiscal years beginning after December 15, 2015. Early adoption is allowed, including early adoption in an interim period. A reporting entity may apply a modified retrospective approach by recording a cumulative-effect adjustment to equity as of the beginning of the fiscal year of adoption or may apply the amendments retrospectively. The Company is currently assessing the impact of the adoption of this guidance on the consolidated financial statements. In August 2014, the Financial Accounting Standards Board issued ASU No. 2014-15, Presentation of Financial Statements— Going Concern(Subtopic 205-40). This standard is intended to define management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures. The amendments contained in this ASU apply to all companies and not-for-profit organizations. The amendments are effective for the annual period ending after December 15, 2016, and for annual and interim periods thereafter. Early application is permitted. The Company is currently assessing this ASU’s impact on the Company’s consolidated results of operations and financial condition. The Company believes that there were no other accounting standards recently issued that had or are expected to have a material impact on our financial position or results of operations.

GOING CONCERN

GOING CONCERN	9 Months Ended
	Apr. 30, 2016
GOING CONCERN [Text Block]	NOTE 3 - GOING CONCERN The accompanying consolidated financial statements have been prepared assuming the Company will continue as a going concern. The Company has incurred losses since its inception resulting in an accumulated deficit of $364,366 as of April 30, 2016 and further losses are anticipated in the development of its business raising substantial doubt about the Company’s ability to continue as a going concern. The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and/or obtaining the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they become due. These consolidated financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. The Company expects to finance operations primarily through cash flow from revenue and capital contributions from principal shareholders. In the event that we require additional funding to finance the growth of the Company’s current and expected future operations as well as to achieve our strategic objectives, our principal shareholders have indicated the intent and ability to provide additional equity financing. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s continuation as a going concern is dependent on our ability to meet obligations as they become due and to obtain additional equity or alternative financing required to fund operations until sufficient sources of recurring revenues can be generated. There can be no assurance that the Company will be successful in its plans described above or in attracting equity or alternative financing on acceptable terms, or if at all. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

INVENTORIES

INVENTORIES	9 Months Ended
	Apr. 30, 2016
INVENTORIES [Text Block]	NOTE 4 – INVENTORIES Inventories consist of the following: April 30, July 31, 2016 2015 (Unaudited) Raw materials $ 207,492 $ 365,248 Accessory parts 816,733 848,887 Contracts work in progress 222,419 249,721 Total $ 1,246,644 $ 1,463,856

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	9 Months Ended
	Apr. 30, 2016
PROPERTY, PLANT AND EQUIPMENT [Text Block]	NOTE 5 - PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment consist of the following: April 30, July 31, 2016 2015 (Unaudited) Machinery equipment $ 5,065,295 $ 5,275,080 Computer and office equipment 54,251 56,558 Vehicle 71,088 74,111 Property under capital lease - 2,759,547 Total property, plant and equipment 5,190,634 8,165,296 Less: accumulated depreciation (500,773 ) (485,973 ) Total $ 4,689,861 $ 7,679,323 Total depreciation expenses for the nine-month period ended April 30, 2016 and 2015 were $201,090 and $310,560, respectively. Depreciation relating to Contract work in progress for the nine-month period ended April 30, 2016 and 2015 were $182,565 and $189,241, respectively, and depreciation relating to general and administrative expenses for the nine-month period ended April 30, 2016 and 2015 were $18,525 and $121,321, respectively. On August 1, 2015, the Company terminated the finance leasing with Sanhe Dong Yi Glass Machine Company Limited. The factory and office were returned to the lessor. The assets were no longer recorded as fixed assets, which lead to the decrease of Property, plant and equipment. The Company recognized $129,159 gain due to this termination.

BILLINGS IN EXCESS OF COSTS

BILLINGS IN EXCESS OF COSTS	9 Months Ended
	Apr. 30, 2016
BILLINGS IN EXCESS OF COSTS [Text Block]	NOTE 6 – BILLINGS IN EXCESS OF COSTS Billings in excess of costs consist of the following: April 30, 2016 July 31, 2015 (Unaudited) Costs incurred on uncompleted contracts $ 22,661 $ 2,033,840 Billings to date (30,894 ) (5,523,616 ) $ (8,233 ) $ (3,489,776 ) Included in the accompanying balance sheets as follows: Costs in excess of billings on uncompleted contracts $ - $ - Billings on uncompleted contracts in excess of costs (8,233 ) (3,489,776 ) $ (8,233 ) $ (3,489,776 )

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Apr. 30, 2016
RELATED PARTY TRANSACTIONS [Text Block]	NOTE 7 - RELATED PARTY TRANSACTIONS On July 25, 2014, Luck Sky Shen Zhen obtained an exclusive, worldwide, royalty free license from Zhou Deng Rong and Zhou Jian (his son) and a second exclusive, worldwide royalty free license from LuckSky Group to an aggregate of 48 Chinese patents and related know how and trade secrets, including the technology underlying 13 patent applications (the “Technology”). The Technology represents all of the patents, patent applications and related know how and trade secrets owned or obtained by the licensors in China with respect to PV installations and the air energy storage power generation technology as applied to commercial and residential buildings, but not wind towers. On July 25, 2014, Luck Sky Shen Zhen granted Sanhe an exclusive sublicense with respect to the use of the Technology for commercial and residential buildings, but not for other uses, including wind towers, vehicles and trains, which sublicense also provides for a royalty payment to Luck Sky Shen Zhen equal of five percent of Sanhe’s revenues. Sanhe leases its principal office, factory and dormitory from LuckSky Group in Sanhe City, Hebei Province. LuckSky Group is owned by Zhou Deng Rong, our former CEO and Zhou Jian, our General Manager and Chairman of the Board. The space in the office, factory and dormitory being leased are 1296, 5160 and 1200 square meters, respectively. The office and factory space are leased for a rent of $108,257 (RMB697,248) per year and the dormitory is leased for a rent of $20,122 (RMB129,600) per year. The leases expire on April 30, 2024 and are subject to renewal with a prior two-month written notice. LuckSky Group is in the process of obtaining the land use approval and ownership certificate of the leased building. On April 28, 2012, Zhou Jian obtained the right of usage of 44.3 acres agricultural land where our principal office, factory and dormitory are located for 18 years and 8 months, starting May 1, 2012. The annual price paid for such usage rights is $5,358 (RMB34,510). On May 1, 2012, Zhou Jian signed a commitment letter that allowed Xiangtian Kelitai, Yanjiao Branch, a division of LuckSky Group to use this agricultural land. LuckSky Group constructed the buildings on such agricultural land. In the event we are unable to use our principal factory and office space as a result of this usage issue, the lease provides that LuckSky Group will use every effort to complete and perfect the ownership and usage rights, or provide Sanhe with equivalent space. Sanhe also leases a second factory and office in Sanhe City from Sanhe Dong Yi Glass Machine Company Limited, which is owned by Zhou Deng Rong. A portion of this facility is currently used by Sanhe to demonstrate its products but the facility is primarily intended as a backup to the first facility in Sanhe City and/or for expansion. The factory and office are 4,748.96 square meters. The rent paid by Sanhe for the factory and the office is RMB1,306,500 per year. As of April 30, 2016 and July 31, 2015, the rental fee accrued but unpaid under the leases from LuckSky Group and Sanhe Dong Yi were $252,267 and $262,996, respectively. On August 1, 2015, the two parties entered into a termination of the finance leasing. As the Company no longer needs the factory and office, the assets were returned to the lessor on that day. On July 25, 2014, prior to the Acquisition, Sanhe and LuckSky Shen Zhen and Sanhe’s shareholders entered into a series of VIE Agreements, pursuant to which Sanhe became LuckSky Shen Zhen’s contractually controlled affiliate. The VIE Agreements include the Framework Agreement on Business Cooperation, the Exclusive Management, Consulting and Training and Technical Services Agreement, the Exclusive Option Agreement, the Equity Pledge Agreement, the Know-How Sub-License Agreement and the Power-of-Attorney. The purpose and effect of the VIE Agreements is to provide LuckSky Shen Zhen (the Company’s indirect wholly-owned subsidiary) with all of the management and control of Sanhe and all of its net income. While LuckSky Shen Zhen does not actually own at present any of the equity and shares in Sanhe, the purpose and effect of the VIE Agreements is to instill in LuckSky Shen Zhen total management and voting control of Sanhe for all material purposes. The use of VIE agreements is a common structure used to acquire PRC corporations, particularly in certain industries in which foreign investment is restricted or forbidden by the PRC government. On July 25, 2014, the Company entered into the Stock Purchase Agreement with Zhou Jian and Zhou Deng Rong, the owners of 97% and 3%, respectively, of Sanhe. In consideration for the execution of the VIE Agreements and the acquisition of Sanhe, the Company issued Zhou Jian and Zhou Deng Rong 264,850,740 and 8,191,260 shares, respectively, of our common stock, representing 51.4% of the then total issued and outstanding shares of our common stock. Construction Project On April 25, 2014, Sanhe entered into a construction project agreement with Xianning Lucksky Aerodynamic Electricity Ltd (“Xianning Lucksky”). Prior to April 10, 2014, Xianning Lucksky was majorly ( 70%) owned by Zhou Deng Rong, former majority shareholder and former CEO of the Company, and former general manager of Sanhe; where he has significant influence over Xianning Lucksky. As of April 30, 2016, the project was completed and $4,093,212 of revenue and $3,612,705 of cost of sales were recognized for the nine-month period ended April 30, 2016. Due from related parties On April 25, 2015, Sanhe entered into a loan agreement with Xiangtian Kelitai, Yanjiao Branch, a division of LuckSky Group, which is owned by Zhou Deng Rong, former CEO and Sanhe’s former general manager and former majority shareholder of the Company, with a total amount of $507,917 (RMB3,150,000). The loan is unsecured and the maturity date was December 31, 2015. If the loan was not fully repaid on the maturity date, Sanhe would have been entitled to receive an interest at 5% per annum. As of April 30, 2016 and July 31, 2015, the outstanding principal on the loan was $0 and $32,208. On November 27, 2015, the Company lent another short-term capital loan for $15,209 to Xiangtian Kelitai without a contract. The loan is unsecured and bears no interest. This loan was repaid on March 8, 2016. Sanhe has been working on a construction project for Xiangtian Kelitai, and Xiangtian Kelitai agreed to reimburse Sanhe for the cost of the project. The accumulated cost on the construction project was $696,396 and $579,671 as of April 30, 2016 and July 31, 2015. Due to related parties Until August 1, 2015, Sanhe leased a second factory and office in Sanhe City from Sanhe Dong Yi Glass Machine Company Limited, which is owned by Zhou Deng Rong. A portion of this facility was used by Sanhe to demonstrate its products but the facility was primarily intended as a backup to the first facility in Sanhe City and/or for expansion. The factory and office are 4,748.96 square meters. The rent paid by Sanhe for the factory and the office was RMB1, 306,500 per year. As of April 30, 2016 and July 31, 2015, the lease payables to Sanhe Dong Yi Glass Machine Company Limited were $252,267 and $262,996, respectively. On August 1, 2015, the two parties terminated the finance lease. As the Company no longer needs the factory and office, the assets were returned to the lessor effective August 1, 2015. From time to time, Mr. Zhou Deng Rong prepaid some expenses for the company. As of April 30, 2016 and July 31, 3015, amounts due to related parties were as follows: April 30, 2016 July 31, 2015 (Unaudited) Rental fees: LuckSky Group 255,444 166,443 Sanhe Dong Yi (Capital lease payable) $ 252,267 $ 262,996 Prepaid expenses on behalf of the company: Zhou Deng Rong 939,788 627,129 Total $ 1,447,499 $ 1,056,568 Due to Shareholders Since inception to April 2014, the Company’s shareholders have paid several employees’ salaries on behalf of the Company. As of April 30, 2016 and July 31, 2015, the amount due to shareholders was $18,181 and $18,954, respectively. Due to Directors From time to time, the Company receives advances from its directors. As of April 30, 2016 and July 31, 2015, the Company received $419,093 and $417,770, respectively. The Company used the funds for its operations. These advances are due on demand, unsecured and non-interest bearing.

GOVERNMENT CONTRIBUTION PLAN

GOVERNMENT CONTRIBUTION PLAN	9 Months Ended
	Apr. 30, 2016
GOVERNMENT CONTRIBUTION PLAN [Text Block]	NOTE 8 GOVERNMENT CONTRIBUTION PLAN The Company participates in a government-mandated multi-employer defined contribution plan pursuant to which certain retirement, medical and other welfare benefits are provided to employees. Chinese labor regulations require the Company to pay to the local labor bureau a monthly contribution at a stated contribution rate based on the monthly basic compensation of qualified employees. The relevant local labor bureau is responsible for meeting all retirement benefit obligations; the Company has no further commitments beyond its monthly contribution. The outstanding amount was $90,332 and $62,846 as of April 30, 2016 and July 31, 2015, respectively.

STATUTORY RESERVE

STATUTORY RESERVE	9 Months Ended
	Apr. 30, 2016
STATUTORY RESERVE [Text Block]	NOTE 9. STATUTORY RESERVE Pursuant to the laws applicable to the PRC, PRC entities must make appropriations from after-tax profit to the non-distributable “statutory surplus reserve fund”. Subject to certain cumulative limits, the “statutory surplus reserve fund” requires annual appropriations of 10% of after-tax profit until the aggregated appropriations reach 50% of the registered capital (as determined under accounting principles generally accepted in the PRC ("PRC GAAP") at each year-end). For foreign invested enterprises and joint ventures in the PRC, annual appropriations should be made to the “reserve fund”. For foreign invested enterprises, the annual appropriation for the “reserve fund” cannot be less than 10% of after-tax profits until the aggregated appropriations reach 50% of the registered capital (as determined under PRC GAAP at each year-end). If the Company has accumulated loss from prior periods, the Company is able to use the current period net income after tax to offset against the accumulate loss.

CAPITAL STOCK AND EQUITY TRANSA

CAPITAL STOCK AND EQUITY TRANSACTIONS	9 Months Ended
	Apr. 30, 2016
CAPITAL STOCK AND EQUITY TRANSACTIONS [Text Block]	NOTE 10 - CAPITAL STOCK AND EQUITY TRANSACTIONS Common Stock The total number of common shares that the Company is authorized to issue is 1,000,000,000 shares with a par value of $0.001 per share. During the period ended July 31, 2009, the Company issued 5,000,000 shares of common stock for total cash proceeds of $25,000 to the Company’s sole director and officer. During the year ended July 31, 2010, the Company sold 3,000,000 shares of common stock for total cash proceeds of $30,000. On September 23, 2013, the Company issued 250,000,000 shares of common stock to the shareholders of HK Shares, in exchange of 250,000,000 shares of HK Shares. On September 23, 2013, the Company issued a total of 67,000,000 shares of restricted common stock at $0.001 per share, such that 60,000,000 shares were issued to Mr. Roy Thomas Phillips, who was then a consultant to the Company and later served as the acting CFO of the Company beginning July 29, 2014, and 7,000,000 shares were issued to two other non-related parties. The shares were issued in contemplation of a secondary offering. The Company takes the position that these shares should be cancelled since no secondary offering was consummated. The Company is taking steps to have these shares canceled. The Company valued the 67,000,000 shares of common stock issued at $67,000 as there was no market for the Company’s common stock and it has limited or no trading; and there is thought to be minimal value in the Company at the time of issuance, therefore the par value is thought to match the assumed market price of the Company’s common stock which is at $0.001 per share. On July 24, 2015, 7,000,000 shares issued to two other non-related parties were cancelled. On July 25, 2014, we entered into the Stock Purchase Agreement in connection with the acquisition of Sanhe with Zhou Jian and Zhou Deng Rong, the owners of 97% and 3%, respectively, of Sanhe. In consideration for the execution of the VIE Agreements and the acquisition of Sanhe, we issued to Zhou Jian and Zhou Deng Rong 264,850,740 and 8,191,260 shares, respectively, of our common stock, representing 51.4% of the then total issued and outstanding shares of our common stock. Preferred Stock The total number of preferred stock that the Company is authorized to issue is 100,000,000 shares with a par value of $0.001 per share. The preferred stock may be issued in one or more series, from time to time, with each series to have such designation, relative rights, preference or limitations, as adopted by the Company’s Board of Directors. No preferred stock has been issued.

INCOME TAXES

INCOME TAXES	9 Months Ended
	Apr. 30, 2016
INCOME TAXES [Text Block]	NOTE 11 - INCOME TAXES United States Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The cumulative tax effect at the expected rate of 34% of significant items comprising the net deferred tax amount at April 30, 2016 and July 31, 2015 is as follows: April 30, 2016 July 31, 2015 (Unaudited) Deferred tax assets: Net operating losses $ 121,978 $ 78,278 Total deferred tax assets 121,978 78,278 Less: valuation allowance (121,978 ) (78,278 ) Deferred tax assets, net $ - $ - As of April 30, 2016, for U.S. federal income tax reporting purposes, the Company has approximately $1,090,612 of unused net operating losses (“NOLs”) available for carry forward to future years. The benefit from the carry forward of such NOLs will begin expiring during the year ended July 31, 2029. Because United States tax laws limit the time during which NOL carry forwards may be applied against future taxable income, the Company may be unable to take full advantage of its NOLs for federal income tax purposes should the Company generate taxable income. Further, the benefit from utilization of NOL carry forwards could be subject to limitations due to material ownership changes that could occur in the Company as it continues to raise additional capital. Based on such limitations, the Company has significant NOLs for which realization of tax benefits is uncertain. Hong Kong The Company’s subsidiaries established in HKSAR are subject to Hong Kong Profits Tax. However, these subsidiaries did not earn any income derived in Hong Kong from its date of incorporation to April 30, 2016, and therefore were not subject to Hong Kong Profits Tax. PRC The Company’s subsidiaries established in PRC are subject to income tax rate of 25%. 1) Luck Sky Shenzhen For the nine-month period ended April 30, 2016 and 2015, Luck Sky Shenzhen had $370,215 and $30,036 in pretax net income, and $92,553 and $7,529 income tax expenses were accrued accordingly. 2) Sanhe For the nine-month period ended April 30, 2016, Sanhe had $70,192 in pretax net income. Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The cumulative tax effect at the expected rate of 25% of significant items comprising the net deferred tax amount at April 30, 2016 and July 31, 2015 is as follows: April 30, 2016 July 31, 2015 (Unaudited) Deferred tax assets: Net operating losses $ - $ - Total deferred tax assets - - Less: valuation allowance - - Deferred tax assets, net $ - $ - Deferred tax liabilities: Timing differences of revenue recognition $ - $ 83,101 Total deferred tax liabilities - 83,101 Significant components of income tax expense for the nine-month period ended April 30, 2016 and 2015 are as follows: For the nine months For the nine months ended ended April 30, 2016 April 30, 2015 (Unaudited) (Unaudited) Current tax expense $ 302,482 $ 7,529 Deferred tax expense (80,121 ) (186,649 ) Benefits of operating loss carryforwards Tax expense (benefit) $ 222,361 $ (179,120 ) Reconciliation of Effective Income Tax Rate For the nine months For the nine months ended ended April 30, 2016 April 30, 2015 (Unaudited) (Unaudited) Statutory U.S. tax rate 34.00% 34.00% PRC Statutory Tax Rate 25.00% 25.00% HK Statutory Tax Rate 15.00% 15.00% Permanent Difference 178.91% - Less: Valuation Allowance 101.47% ( 53.41% ) Tax expense (benefit) 354.38% 20.59%

COMMITMENTS, CONTINGENCIES, RIS

COMMITMENTS, CONTINGENCIES, RISKS AND UNCERTAINTIES	9 Months Ended
	Apr. 30, 2016
COMMITMENTS, CONTINGENCIES, RISKS AND UNCERTAINTIES [Text Block]	NOTE 12. COMMITMENTS, CONTINGENCIES, RISKS AND UNCERTAINTIES Capital Commitments The Company purchased property, plant and equipment which the payment was due within one year. As of April 30, 2016 and July 31, 2015, the Company has a capital commitment of $11,408,732 and $17,697,627, respectively. Operation Commitments The total future minimum lease payments under the non-cancellable operating lease with respect to the office and the dormitory as of April 30, 2016 are payable as follows: Year ending July 31, 2017 127,722 Year ending July 31, 2018 127,722 Year ending July 31, 2019 127,722 Year ending July 31, 2020 127,722 After 2020 478,958 Total $ 989,846 Rental expense of the Company for the nine-month period period ended April 30, 2016 and 2015 were $96,284 and $67,134, respectively. On August 1, 2015, the Company terminated the finance leasing with Sanhe Dong Yi Glass Machine Company Limited. The factory and office were returned to the lessor. The rents were no longer recorded as expenses and commitments. Credit risk Cash deposits with banks are held in financial institutions in China, which are not federally insured deposit protection. Accordingly, the Company has a concentration of credit risk related to these uninsured bank deposits. The Company has not experienced any losses in such accounts and believes it is not exposed to significant credit risk in this area. Contingencies On September 23, 2013, the Company issued 60,000,000 shares of restricted common stock at $0.001 per share to Mr. Roy Thomas Phillips, who was then a consultant to the Company and later served as the acting CFO of the Company beginning July 29, 2014, and two other non-related parties, obtained a total of 7,000,000 shares of restricted common stock. The shares were issued in contemplation of a secondary offering. The Company takes the position that these shares should be cancelled since no secondary offering was consummated. The Company valued the 67,000,000 shares of common stock issued at $67,000 as there was no market for the Company’s common stock and it has limited or no trading; and there is thought to be minimal value in the Company at the time of issuance, therefore the par value is thought to match the assumed market price of the Company’s common stock which is at $0.001 per share. The Company has been taking steps to have these shares canceled. The Company might incur additional expenses to have these shares canceled. On July 24, 2015, 7,000,000 shares issued to two other non-related parties were canceled. For the year ended July 31, 2015, the dilutive effect of not canceling the 60,000,000 shares is incorporated in the consolidated financial statements as the Company recorded such shares as issued and outstanding. The loss per share remained $0.00 with the dilutive effect of not canceling such shares. If the shares are not voluntarily returned for cancellation, the Company will need to commence litigation to obtain a judgment to cancel the shares for lack of consideration. At this time, the Company is unable to estimate the cost of such litigation if it takes place.

Summary of Significant Accounti

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Apr. 30, 2016
Basis of Presentation [Policy Text Block]	Basis of Presentation The consolidated financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America. This basis of accounting involves the application of accrual accounting and consequently, revenues and gains are recognized when earned, and expenses and losses are recognized when incurred. The Company’s consolidated financial statements are expressed in U.S. dollars.
Use of Estimates and Assumptions [Policy Text Block]	Use of Estimates and Assumptions The preparation of consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period. Actual results could differ from those estimates.
Interim Financial Statements [Policy Text Block]	Interim Financial Statements The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) applicable to interim financial information and the requirements of Form 10-Q and Rule 8-03 of Regulation S-X of the Securities and Exchange Commission. Accordingly, they do not include all of the information and disclosure required by accounting principles generally accepted in the United States of America for complete financial statements. Interim results are not necessarily indicative of results for a full year. In the opinion of management, all adjustments considered necessary for a fair presentation of the financial position and the results of operations and cash flows for the interim periods have been included. These interim financial statements should be read in conjunction with the audited financial statements for the year ended July 31, 2015, as not all disclosures required by generally accepted accounting principles for annual financial statements are presented. The interim financial statements follow the same accounting policies and methods of computations as the audited financial statements for the year ended July 31, 2015. These interim financial statements should be read in conjunction with the audited financial statements for the year ended July 31, 2015, as not all disclosures required by generally accepted accounting principles for annual financial statements are presented. The interim financial statements follow the same accounting policies and methods of computations as the audited financial statements for the year ended July 31, 2015.
Reclassification [Policy Text Block]	Reclassification Certain amounts in the prior period financial statements have been reclassified to conform to the current period presentation. These reclassifications had no effect on reported net income or losses.
Principle of Consolidation [Policy Text Block]	Principle of Consolidation The consolidated financial statements include the accounts of the Company, its subsidiaries and VIE for which it is deemed the primary beneficiary. All significant inter-company accounts and transactions have been eliminated in consolidation. The Company evaluates the need to consolidate its VIE in which equity investors do not have the characteristics of a controlling financial interest or do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support. The VIE agreement was not consummated until July 25, 2014. However, the purpose and design of the establishment of the VIE, Sanhe, was to consolidate common control under the Company. ASC 810-10-25-38F states that a reporting entity’s involvement in the design of a VIE may indicate that the reporting entity had the opportunity and the incentive to establish arrangements that result in the reporting entity being the variable interest holder with the power to direct the activities that most significantly impact the VIE’s economic performance. As both the Company and the acquired VIE, Sanhe, are under the common control of Zhou Dengrong and Zhou Jian immediately before and after the acquisition, this transaction was accounted for as a merger under common control, using merger accounting as if the merger had been consummated at the beginning of the earliest period presented, and no gain or loss was recognized. All the assets and liabilities of the VIE, Sanhe, are recorded at carrying value. Hence, Sanhe was consolidated under the Company since its inception due to the purpose and design of its establishment. The following financial statement amounts and balances of the VIE that was established on August 6, 2014, were included in the accompanying consolidated financial statements as of April 30, 2016 and July 31, 2015 and for the nine-month period ended April 30, 2016 and 2015, respectively: April 30, 2016 July 31, 2015 (Unaudited) Total assets $ 17,773,001 $ 20,948,502 Total liabilities 8,728,624 11,457,633 For the nine For the nine months months ended ended April 30,2016 April 30,2015 (Unaudited) (Unaudited) Net loss $ 59,615 $ 559,947
Fair Value Measurements [Policy Text Block]	Fair Value Measurements The Company applies the provisions of ASC Subtopic 820-10, “Fair Value Measurements”, for fair value measurements of financial assets and financial liabilities and for fair value measurements of nonfinancial items that are recognized or disclosed at fair value in the financial statements. ASC 820 also establishes a framework for measuring fair value and expands disclosures about fair value measurements. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities required or permitted to be recorded at fair value, the Company considers the principal or most advantageous market in which it would transact and it considers assumptions that market participants would use when pricing the asset or liability. ASC 820 establishes a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 establishes three levels of inputs that may be used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows: [ ] Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. [ ] Level 2 inputs to the valuation methodology includes quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the assets or liability, either directly or indirectly, for substantially the full term of the financial instruments. [ ] Level 3 inputs to the valuation methodology are unobservable and significant to the fair value. There were no assets or liabilities measured at fair value on a recurring basis subject to the disclosure requirements of ASC 820 as of April 30, 2016 and July 31, 2015.
Cash and Cash Equivalents [Policy Text Block]	Cash and Cash Equivalents The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents.
Inventory [Policy Text Block]	Inventory Inventory is stated at the lower of cost or market. Cost is principally determined using the weighted average basis. Construction costs incurred on contracts are included in inventories which consist of raw materials, accessory parts, and contracts work in progress.
Property and equipment [Policy Text Block]	Property and equipment Property and equipment are stated at cost less accumulated depreciation and impairment losses. Gains or losses on dispositions of property and equipment are included in operating income (loss). Major additions, renewals and betterments are capitalized, while maintenance and repairs are expensed as incurred. Depreciation and amortization are provided over the estimated useful lives of the assets using the straight-line method from the time the assets are placed in service. Estimated useful lives are as follows, taking into account the assets' estimated residual value: Classification Estimated useful life Machinery equipment 5 - 10 years Computer and office equipment 3 years Vehicle 5 years
Revenue Recognition [Policy Text Block]	Revenue Recognition Sales of power generation system in conjunction of system installation are recognized under accounting for construction-type contracts, using the completed contract method. Accordingly, revenue is recognized upon the completion of the construction, provided persuasive evidence of an arrangement exists, title and risk of loss has transferred, the fee is fixed and determinable, and collection is reasonably assured. We provide for any loss that we expect to incur on these contracts when that loss is probable.
Warranty and Returns [Policy Text Block]	Warranty and Returns The Company generally provides limited warranties for work performed under its contracts. The warranty periods typically extend for a limited duration following substantial completion of the Company's work on a project. At the time a sale is recognized, we record estimated future warranty costs. Such estimated costs for warranties are included in the individual project cost estimates for purposes of accounting for long-term contracts. Generally, the estimated claim rates of warranty are based on actual warranty experience or Company’s best estimate. No right of return exists on sales of equipment. Replacement part returns are estimable and accrued at the time a sale is recognized.
Value added taxes [Policy Text Block]	Value added taxes The Company is subject to VAT at a rate of 17% on proceeds received from customers, and are entitled to a refund for VAT already paid or borne on the goods purchased by it that have generated the gross sales proceeds. The VAT balance is recorded in other payables on the balance sheets.
Income Taxes [Policy Text Block]	Income Taxes The Company accounts for income taxes using an asset and liability approach which allows for the recognition and measurement of deferred tax assets based upon the likelihood of realization of tax benefits in future years. Under the asset and liability approach, deferred taxes are provided for the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. A valuation allowance is provided for deferred tax assets if it is more likely than not these items will either expire before the Company is able to realize their benefits, or that future deductibility is uncertain. Under ASC 740, a tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The evaluation of a tax position is a two-step process. The first step is to determine whether it is more-likely-than-not that a tax position will be sustained upon examination, including the resolution of any related appeals or litigations based on the technical merits of that position. The second step is to measure a tax position that meets the more-likely-than-not threshold to determine the amount of benefit to be recognized in the financial statements. A tax position is measured at the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement. Tax positions that previously failed to meet the more-likely-than-not recognition threshold should be recognized in the first subsequent period in which the threshold is met. Previously recognized tax positions that no longer meet the more-likely-than-not criteria should be de-recognized in the first subsequent financial reporting period in which the threshold is no longer met. Penalties and interest incurred related to underpayment of income tax are classified as income tax expense in the year incurred. No significant penalties or interest relating to income taxes have been incurred during the period from July 8, 2013 (inception) to December 31, 2013. US GAAP also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosures and transition.
Comprehensive Loss [Policy Text Block]	Comprehensive Loss The Company follows the provisions of the Financial Accounting Standards Board (the “FASB”) Accounting Standards Codification (“ASC”) 220 “Reporting Comprehensive Income”, and establishes standards for the reporting and display of comprehensive income, its components and accumulated balances in a full set of general purpose financial statements.
Foreign Currency Translation [Policy Text Block]	Foreign Currency Translation The Company’s functional currency is Chinese Renminbi (“RMB”) as substantially all of the Company’s PRC subsidiaries’ operations use this denomination. The consolidated financial statements are presented in U.S. dollars. Foreign denominated monetary assets and liabilities are translated into their United States dollar equivalents using foreign exchange rates which prevailed at the balance sheet date. Non-monetary assets and liabilities are translated at the exchange rates prevailing at the transaction date. Revenues and expenses are translated at average rates of exchange during the year. Gains or losses resulting from foreign currency transactions are included in results of operations. For the purpose of presenting these financial statements of subsidiaries in PRC, the Company’s assets and liabilities are expressed in US$ at the exchange rate on the balance sheet date, which is 6.4738 and 6.2097 as of April 30, 2016 and July 31, 2015, respectively; stockholder’s equity accounts are translated at historical rates, and income and expense items are translated at the weighted average exchange rate during the period, which is 6.4407 and 6.1824 for the nine-month period ended April 30, 2016 and April 30, 2015. The resulting translation adjustments are reported under accumulated other comprehensive income in the stockholder’s equity section of the balance sheets. For the purpose of presenting these financial statements of subsidiaries in Hong Kong, PRC, the Company’s assets and liabilities are expressed in US$ at the exchange rate on the balance sheet date, which is 7.7570 and 7.7514 as of April 30, 2016 and July 31, 2015, respectively; stockholder’s equity accounts are translated at historical rates, and income and expense items are translated at the weighted average exchange rate during the period, which is 7.7591 and 7.7540 the nine-month period ended April 30, 2016 and April 30, 2015, respectively. The resulting translation adjustments are reported under accumulated other comprehensive income in the stockholder’s equity section of the balance sheets.
Earnings (Loss) per Share [Policy Text Block]	Earnings (Loss) per Share Basic earnings per share are computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding during the period, excluding the effects of any potentially dilutive securities. Diluted earnings per share gives effect to all dilutive potential of shares of common stock outstanding during the period including stock options or warrants, using the treasury stock method (by using the average stock price for the period to determine the number of shares assumed to be purchased from the exercise of stock options or warrants), and convertible debt or convertible preferred stock, using the if-converted method. Earnings per share excludes all potential dilutive shares of common stock if their effect is anti-dilutive. There were no potential dilutive securities at April 30, 2016 and 2015.
Recent Accounting Pronouncements [Policy Text Block]	Recent Accounting Pronouncements In July 2015, the FASB issued ASU No. 2015-11, simplifying the Measurement of Inventory, which modifies existing requirements regarding measuring inventory at the lower of cost or market. Under existing standards, the market amount requires consideration of replacement cost, net realizable value (NRV), and NRV less an approximately normal profit margin. The new ASU replaces market with NRV, defined as estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. This eliminates the need to determine and consider replacement cost or NRV less an approximately normal profit margin when measuring inventory. The amendments are effective for the annual period ending after December 15, 2016, and for annual and interim periods thereafter. Early application is permitted. The Company is currently assessing this ASU’s impacts on the Company’s consolidated results of operations and financial condition. In February 2015, FASB issued ASU No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis. The new consolidation standard changes the way reporting enterprises evaluate whether (a) they should consolidate limited partnerships and similar entities, (b) fees paid to a decision maker or service provider are variable interests in a VIE, and (c) variable interests in a VIE held by related parties of the reporting enterprise require the reporting enterprise to consolidate the VIE. The guidance is effective for public business entities for annual and interim periods in fiscal years beginning after December 15, 2015. Early adoption is allowed, including early adoption in an interim period. A reporting entity may apply a modified retrospective approach by recording a cumulative-effect adjustment to equity as of the beginning of the fiscal year of adoption or may apply the amendments retrospectively. The Company is currently assessing the impact of the adoption of this guidance on the consolidated financial statements. In August 2014, the Financial Accounting Standards Board issued ASU No. 2014-15, Presentation of Financial Statements— Going Concern(Subtopic 205-40). This standard is intended to define management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures. The amendments contained in this ASU apply to all companies and not-for-profit organizations. The amendments are effective for the annual period ending after December 15, 2016, and for annual and interim periods thereafter. Early application is permitted. The Company is currently assessing this ASU’s impact on the Company’s consolidated results of operations and financial condition. The Company believes that there were no other accounting standards recently issued that had or are expected to have a material impact on our financial position or results of operations.

BASIS OF PRESENTATION AND SUM19

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Apr. 30, 2016
Schedule of Variable Interest Entities [Table Text Block]	April 30, 2016 July 31, 2015 (Unaudited) Total assets $ 17,773,001 $ 20,948,502 Total liabilities 8,728,624 11,457,633 For the nine For the nine months months ended ended April 30,2016 April 30,2015 (Unaudited) (Unaudited) Net loss $ 59,615 $ 559,947
Schedule of Useful Lives of Property, Plant and Equipment [Table Text Block]	Classification Estimated useful life Machinery equipment 5 - 10 years Computer and office equipment 3 years Vehicle 5 years

INVENTORIES (Tables)

INVENTORIES (Tables)	9 Months Ended
	Apr. 30, 2016
Inventories [Table Text Block]	April 30, July 31, 2016 2015 (Unaudited) Raw materials $ 207,492 $ 365,248 Accessory parts 816,733 848,887 Contracts work in progress 222,419 249,721 Total $ 1,246,644 $ 1,463,856

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	9 Months Ended
	Apr. 30, 2016
Property, Plant and Equipment [Table Text Block]	April 30, July 31, 2016 2015 (Unaudited) Machinery equipment $ 5,065,295 $ 5,275,080 Computer and office equipment 54,251 56,558 Vehicle 71,088 74,111 Property under capital lease - 2,759,547 Total property, plant and equipment 5,190,634 8,165,296 Less: accumulated depreciation (500,773 ) (485,973 ) Total $ 4,689,861 $ 7,679,323

BILLINGS IN EXCESS OF COSTS (Ta

BILLINGS IN EXCESS OF COSTS (Tables)	9 Months Ended
	Apr. 30, 2016
Billings in Excess of Costs [Table Text Block]	April 30, 2016 July 31, 2015 (Unaudited) Costs incurred on uncompleted contracts $ 22,661 $ 2,033,840 Billings to date (30,894 ) (5,523,616 ) $ (8,233 ) $ (3,489,776 ) Included in the accompanying balance sheets as follows: Costs in excess of billings on uncompleted contracts $ - $ - Billings on uncompleted contracts in excess of costs (8,233 ) (3,489,776 ) $ (8,233 ) $ (3,489,776 )

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	9 Months Ended
	Apr. 30, 2016
Related Party Transactions [Table Text Block]	April 30, 2016 July 31, 2015 (Unaudited) Rental fees: LuckSky Group 255,444 166,443 Sanhe Dong Yi (Capital lease payable) $ 252,267 $ 262,996 Prepaid expenses on behalf of the company: Zhou Deng Rong 939,788 627,129 Total $ 1,447,499 $ 1,056,568

INCOME TAXES (Tables)

INCOME TAXES (Tables)	9 Months Ended
	Apr. 30, 2016
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	April 30, 2016 July 31, 2015 (Unaudited) Deferred tax assets: Net operating losses $ 121,978 $ 78,278 Total deferred tax assets 121,978 78,278 Less: valuation allowance (121,978 ) (78,278 ) Deferred tax assets, net $ - $ -
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	For the nine months For the nine months ended ended April 30, 2016 April 30, 2015 (Unaudited) (Unaudited) Current tax expense $ 302,482 $ 7,529 Deferred tax expense (80,121 ) (186,649 ) Benefits of operating loss carryforwards Tax expense (benefit) $ 222,361 $ (179,120 )
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	For the nine months For the nine months ended ended April 30, 2016 April 30, 2015 (Unaudited) (Unaudited) Statutory U.S. tax rate 34.00% 34.00% PRC Statutory Tax Rate 25.00% 25.00% HK Statutory Tax Rate 15.00% 15.00% Permanent Difference 178.91% - Less: Valuation Allowance 101.47% ( 53.41% ) Tax expense (benefit) 354.38% 20.59%
Subsidiaries in PRC [Member]
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	April 30, 2016 July 31, 2015 (Unaudited) Deferred tax assets: Net operating losses $ - $ - Total deferred tax assets - - Less: valuation allowance - - Deferred tax assets, net $ - $ - Deferred tax liabilities: Timing differences of revenue recognition $ - $ 83,101 Total deferred tax liabilities - 83,101

COMMITMENTS, CONTINGENCIES, R25

COMMITMENTS, CONTINGENCIES, RISKS AND UNCERTAINTIES (Tables)	9 Months Ended
	Apr. 30, 2016
Commitments, Contingencies, Risks and Uncertainties [Table Text Block]	Year ending July 31, 2017 127,722 Year ending July 31, 2018 127,722 Year ending July 31, 2019 127,722 Year ending July 31, 2020 127,722 After 2020 478,958 Total $ 989,846

NATURE OF OPERATIONS (Narrative

NATURE OF OPERATIONS (Narrative) (Details) - USD ($)	1 Months Ended		9 Months Ended
	Jul. 25, 2014	Sep. 15, 2013	Apr. 30, 2016	Jul. 31, 2015	May. 15, 2012
Shares issued			591,042,000	591,042,000
Percentage of Common Stock Issued and Outstanding			51.40%
Mr. Zhou Jian [Member]
Equity Method Investment Ownership Percentage	97.00%
Stock Issued During Period, Shares, Acquisitions	264,850,740
Mr. Zhou Deng Rong [Member]
Equity Method Investment Ownership Percentage	3.00%
Stock Issued During Period, Shares, Acquisitions	8,191,260
Lucksky Hong Kong Shares Limited [Member]
Stock Issued During Period, Shares, Acquisitions		250,000,000
Luck Sky International Investment Holding Limited [Member]
Ownership Percentage					90.00%
Shares issued					7,200,000
Shares Purchased Value					$ 235,000

BASIS OF PRESENTATION AND SUM27

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details)	Apr. 30, 2016	Jul. 31, 2015	Apr. 30, 2015
Percentage of VAT, Proceeds Received from Customers	17.00%
Subsidiaries in PRC [Member]
Foreign Currency Exchange Rate, Translation	6.4738	6.2097
Foreign Currency Weighted Average Exchange Rate, Translation	6.4407		6.1824
Subsidiaries in Hong Kong [Member]
Foreign Currency Exchange Rate, Translation	7.7570	7.7514
Foreign Currency Weighted Average Exchange Rate, Translation	7.7591		7.7540

GOING CONCERN (Narrative) (Deta

GOING CONCERN (Narrative) (Details) - USD ($)	Apr. 30, 2016	Jul. 31, 2015
Accumulated deficit	$ 364,366	$ 204,751

PROPERTY, PLANT AND EQUIPMENT29

PROPERTY, PLANT AND EQUIPMENT (Narrative) (Details) - USD ($)	9 Months Ended
	Apr. 30, 2016	Apr. 30, 2015
Depreciation	$ 201,090	$ 310,560
Gain on termination of capital lease	129,159	0
General and Administrative Expense [Member]
Depreciation	18,525	121,321
Construction in Progress [Member]
Depreciation	$ 182,565	$ 189,241

RELATED PARTY TRANSACTIONS (Nar

RELATED PARTY TRANSACTIONS (Narrative) (Details)	1 Months Ended		9 Months Ended
	Jul. 25, 2014shares	Sep. 15, 2013shares	Apr. 30, 2016USD ($)	Apr. 30, 2016CNY (¥)	Nov. 27, 2015USD ($)	Jul. 31, 2015USD ($)	Apr. 25, 2015USD ($)	Apr. 25, 2015CNY (¥)	Apr. 10, 2014	Sep. 23, 2013$ / shares
Sale of Stock, Price Per Share | $ / shares										$ 0.001
Business Acquisition Percentage Of Issued And Outstanding Shares	51.40%
Costs in Excess of Billings			$ 22,661			$ 2,033,840
Contract Receivable			30,894			5,523,616
Due from Related Parties, Current			696,396			611,879
Due to Related Parties, Current			18,181			18,954
LuckSky Group [Member]
Accrued Rent, Current			255,444			166,443
Kelitai Air Powered Machinery Co Ltd [Member]
Short-term Debt							$ 507,917	¥ 3,150,000
Short-term Debt, Percentage Bearing Fixed Interest Rate							5.00%	5.00%
Kelitai Air Powered Machinery Co Ltd [Member] | Loan Agreement [Member]
Due from Related Parties, Current			0			32,208
Kelitai Air Powered Machinery Co Ltd [Member] | Construction Loans [Member]
Due from Related Parties, Current			696,396			579,671
Xiangtian Keliitai [Member]
Due from Related Parties, Current					$ 15,209
Zhou Jian [Member]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares | shares	264,850,740
Business Acquisition, Percentage of Voting Interests Acquired	97.00%
Zhou Deng Rong [Member]
Business Combination, Step Acquisition, Equity Interest in Acquiree, Percentage									70.00%
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares | shares	8,191,260
Business Acquisition, Percentage of Voting Interests Acquired	3.00%
Construction Revenue			4,093,212
Contract Revenue Cost			3,612,705
Directors [Member]
Due to Related Parties, Noncurrent			419,093			417,770
Lucksky Hong Kong Shares Limited [Member]
Stock Issued During Period, Shares, Acquisitions | shares		250,000,000
Office And Factory [Member]
Rental Income, Nonoperating			108,257	¥ 697,248
Office And Factory [Member] | Sanhe Dong Yi Glass Machine Company Limited [Member]
Payments for Rent | ¥				1,306,500
Accrued Rent, Current			252,267			$ 262,996
Dormitory [Member]
Rental Income, Nonoperating			20,122	129,600
Agricultural Land [Member]
Payments for Rent			$ 5,358	¥ 34,510

GOVERNMENT CONTRIBUTION PLAN (N

GOVERNMENT CONTRIBUTION PLAN (Narrative) (Details) - USD ($)	9 Months Ended	12 Months Ended
	Apr. 30, 2016	Jul. 31, 2015
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 90,332	$ 62,846

STATUTORY RESERVE (Narrative) (

STATUTORY RESERVE (Narrative) (Details)	9 Months Ended
	Apr. 30, 2016
Foreign Tax Authority [Member]
Statutory Surplus Reserve Fund Percentage	10.00%
Registered Capital Appropriation Percentage	50.00%
CHINA [Member]
Statutory Surplus Reserve Fund Percentage	10.00%
Registered Capital Appropriation Percentage	50.00%

CAPITAL STOCK AND EQUITY TRAN33

CAPITAL STOCK AND EQUITY TRANSACTIONS (Narrative) (Details) - USD ($)	1 Months Ended			12 Months Ended
	Jul. 24, 2015	Jul. 25, 2014	Sep. 23, 2013	Jul. 31, 2010	Jul. 31, 2009	Apr. 30, 2016	Jul. 31, 2015
Common Stock Shares Authorized						1,000,000,000	1,000,000,000
Common Stock Par Or Stated Value Per Share						$ 0.001	$ 0.001
Stock Issued During Period, Shares, New Issues				3,000,000	5,000,000
Stock Issued During Period, Value, New Issues				$ 30,000	$ 25,000
Business Acquisition Percentage Of Issued And Outstanding Shares		51.40%
Sale of Stock, Price Per Share			$ 0.001
Preferred stock, shares authorized						100,000,000	100,000,000
Preferred Stock Par Or Stated Value Per Share						$ 0.001	$ 0.001
Zhou Jian [Member]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares		264,850,740
Business Acquisition, Percentage of Voting Interests Acquired		97.00%
Zhou Deng Rong [Member]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares		8,191,260
Business Acquisition, Percentage of Voting Interests Acquired		3.00%
Non Related Party [Member]
Stock Issued During Period, Shares, Restricted Stock Award, Forfeited	7,000,000
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures			7,000,000
Secondary Offering [Member]
Sale of Stock, Price Per Share			$ 0.001
Stock Issued During Period, Shares, Issued for Services			67,000,000
Stock Issued During Period, Value, Issued for Services			$ 67,000
Exchange of Stock for Stock [Member]
Stock Issued During Period, Shares, Acquisitions			250,000,000
Chief Financial Officer [Member]
Sale of Stock, Price Per Share			$ 0.001
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures			60,000,000

INCOME TAXES (Narrative) (Detai

INCOME TAXES (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2016	Apr. 30, 2015
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate			34.00%	34.00%
Operating Loss Carryforwards	$ 1,090,612		$ 1,090,612
Net income (loss) before taxes	574,158	$ (44,754)	62,746	$ (870,019)
Income Tax Expense (Benefit)	$ 295,439	$ (20,548)	$ 222,361	$ (179,120)
CHINA [Member]
Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Percent			25.00%	25.00%
Luck Sky Shenzhen [Member]
Net income (loss) before taxes			$ 370,215	$ 30,036
Income Tax Expense (Benefit)			$ 92,553	$ 7,529
Sanhe [Member]
Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Percent			25.00%
Net income (loss) before taxes			$ 70,192

COMMITMENTS, CONTINGENCIES, R35

COMMITMENTS, CONTINGENCIES, RISKS AND UNCERTAINTIES (Narrative) (Details) - USD ($)	1 Months Ended		9 Months Ended
	Jul. 24, 2015	Sep. 23, 2013	Apr. 30, 2016	Apr. 30, 2015	Jul. 31, 2015
Capital Lease Obligations			$ 11,408,732		$ 17,697,627
Operating Leases, Rent Expense, Net			$ 96,284	$ 67,134
Stock Issued During Period, Shares, Restricted Stock Award, Gross		67,000,000
Sale of Stock, Price Per Share		$ 0.001
Stock Issued During Period, Value, Restricted Stock Award, Gross		$ 67,000
Earnings Per Share, Diluted			$ 0
Chief Financial Officer [Member]
Stock Issued During Period, Shares, Restricted Stock Award, Gross		60,000,000
Sale of Stock, Price Per Share		$ 0.001
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures		60,000,000
Non-Related Parties [Member]
Stock Issued During Period, Shares, Restricted Stock Award, Gross		7,000,000
Stock Issued During Period, Shares, Restricted Stock Award, Forfeited	7,000,000

Schedule of Variable Interest E

Schedule of Variable Interest Entities (Details) - USD ($)	9 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Jul. 31, 2015
Total assets	$ 17,773,001		$ 20,948,502
Total liabilities	8,728,624		$ 11,457,633
Net loss	$ 59,615	$ 559,947

Schedule of Useful Lives of Pro

Schedule of Useful Lives of Property, Plant and Equipment (Details)	9 Months Ended
	Apr. 30, 2016
Machinery and Equipment [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life	5 years
Machinery and Equipment [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life	10 years
Computer And Office Equipment [Member]
Property, Plant and Equipment, Useful Life	3 years
Vehicles [Member]
Property, Plant and Equipment, Useful Life	5 years

Inventories (Details)

Inventories (Details) - USD ($)	Apr. 30, 2016	Jul. 31, 2015
Raw materials	$ 207,492	$ 365,248
Accessory parts	816,733	848,887
Work in process	222,419	249,721
Total	$ 1,246,644	$ 1,463,856

Property, Plant and Equipment39

Property, Plant and Equipment (Details) - USD ($)	Apr. 30, 2016	Jul. 31, 2015
Total property, plant and equipment	$ 5,190,634	$ 8,165,296
Less: accumulated depreciation	(500,773)	(485,973)
Total	4,689,861	7,679,323
Machinery and Equipment [Member]
Total property, plant and equipment	5,065,295	5,275,080
Computer And Office Equipment [Member]
Total property, plant and equipment	54,251	56,558
Vehicles [Member]
Total property, plant and equipment	71,088	74,111
Assets Held under Capital Leases [Member]
Total property, plant and equipment	$ 0	$ 2,759,547

Billings in Excess of Costs (De

Billings in Excess of Costs (Details) - USD ($)	Apr. 30, 2016	Jul. 31, 2015
Costs incurred on uncompleted contracts	$ 22,661	$ 2,033,840
Billings to date	(30,894)	(5,523,616)
Billings in Excess of Cost	(8,233)	(3,489,776)
Included in the accompanying balance sheets as follows:
Costs in excess of billings on uncompleted contracts	0	0
Billings on uncompleted contracts in excess of costs	(8,233)	(3,489,776)
Billings in Excess of Cost, Current	$ (8,233)	$ (3,489,776)

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	9 Months Ended	12 Months Ended
	Apr. 30, 2016	Jul. 31, 2015
Total	$ 1,447,499	$ 1,056,568
LuckSky Group [Member]
Rental fees	255,444	166,443
Sanhe Dong Yi Glass Machine Company Limited [Member]
Rental fees (Capital lease interest payable)	252,267	262,996
Zhou Deng Rong [Member]
Prepaid expenses on behalf of the company	$ 939,788	$ 627,129

Schedule of Deferred Tax Assets

Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)	Apr. 30, 2016	Jul. 31, 2015
Net operating losses	$ 121,978	$ 78,278
Total deferred tax assets	121,978	78,278
Less: valuation allowance	121,978	78,278
Deferred tax assets, net	0	0
Subsidiaries in PRC [Member]
Net operating losses	0	0
Total deferred tax assets	0	0
Less: valuation allowance	0	0
Deferred tax assets, net	0	0
Timing differences of revenue recognition	0	83,101
Total deferred tax liabilities	$ 0	$ 83,101

Schedule of Components of Incom

Schedule of Components of Income Tax Expense (Benefit) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2016	Apr. 30, 2015
Current tax expense			$ 302,482	$ 7,529
Deferred tax expense			(80,121)	(186,649)
Income Tax Expense (Benefit)	$ 295,439	$ (20,548)	$ 222,361	$ (179,120)

Schedule of Effective Income Ta

Schedule of Effective Income Tax Rate Reconciliation (Details)	9 Months Ended
	Apr. 30, 2016	Apr. 30, 2015
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate	34.00%	34.00%
Permanent Difference	178.91%	0.00%
Less: Valuation Allowance	101.47%	53.41%
Tax expense (benefit)	354.38%	20.59%
CHINA [Member]
Statutory Tax Rate	25.00%	25.00%
HONG KONG [Member]
Statutory Tax Rate	15.00%	15.00%

Commitments, Contingencies, R45

Commitments, Contingencies, Risks and Uncertainties (Details)	Apr. 30, 2016USD ($)
Year ending July 31, 2017	$ 127,722
Year ending July 31, 2018	127,722
Year ending July 31, 2019	127,722
Year ending July 31, 2020	127,722
After 2,020	478,958
Total	$ 989,846