Enlightify (ENFY) 10-Q 14 Nov 16 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Sep. 30, 2016	Nov. 14, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	China Green Agriculture, Inc.
Entity Central Index Key	857,949
Amendment Flag	false
Current Fiscal Year End Date	--06-30
Document Type	10-Q
Document Period End Date	Sep. 30, 2016
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2,017
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		37,648,605

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2016	Jun. 30, 2016
Current Assets
Cash and cash equivalents	$ 108,121,059	$ 102,896,486
Accounts receivable, net	116,563,778	117,055,376
Inventories	79,059,776	87,436,315
Prepaid expenses and other current assets	1,880,558	1,329,098
Advances to suppliers, net	31,252,930	26,863,959
Total Current Assets	336,878,101	335,581,234
Plant, Property and Equipment, Net	36,582,909	37,569,739
Deferred Asset, Net	7,274,334	13,431,621
Other Assets	434,381	379,047
Intangible Assets, Net	23,323,450	23,840,048
Goodwill	7,950,081	7,980,838
Total Assets	412,443,256	418,782,527
Current Liabilities
Accounts payable	5,927,974	5,246,153
Customer deposits	4,420,357	8,578,341
Accrued expenses and other payables	10,439,829	16,414,392
Amount due to related parties	2,768,825	2,473,004
Taxes payable	552,552	4,104,218
Short term loans	4,647,520	4,665,500
Convertible notes payable	6,723,982	6,671,769
Interest payable	57,344
Derivative liability	131,535	144,818
Total Current Liabilities	35,669,918	48,298,195
Stockholders' Equity
Preferred Stock, $.001 par value, 20,000,000 shares authorized, zero shares issued and outstanding
Common stock, $.001 par value, 115,197,165 shares authorized, 36,978,605 and 36,978,605 shares issued and outstanding as of September 30, 2016 and June 30, 2016, respectively	37,648	37,648
Additional paid-in capital	127,737,083	127,593,932
Statutory reserve	27,779,168	27,203,861
Retained earnings	228,121,552	221,345,279
Accumulated other comprehensive income	(6,902,113)	(5,696,388)
Total Stockholders' Equity	376,773,338	370,484,332
Total Liabilities and Stockholders' Equity	$ 412,443,256	$ 418,782,527

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) (Unaudited) - $ / shares	Sep. 30, 2016	Jun. 30, 2016
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	20,000,000	20,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	115,197,165	115,197,165
Common stock, shares issued	36,978,605	36,978,605
Common stock, shares outstanding	36,978,605	36,978,605

Consolidated Statements of Inco

Consolidated Statements of Income and Comprehensive Income (Loss) (Unaudited) - USD ($)	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Sales
Net sales	$ 61,884,622	$ 54,184,271
Cost of goods sold
Cost of goods sold	38,453,594	29,996,109
Gross profit	23,431,028	24,188,162
Operating expenses
Selling expenses	5,012,068	2,343,755
Selling expenses - amortization of deferred asset	6,108,782	9,712,715
General and administrative expenses	3,231,487	2,753,642
Total operating expenses	14,352,337	14,810,112
Income from operations	9,078,691	9,378,050
Other income (expense)
Other expense	(41,057)	(4,563)
Interest income	76,622	78,662
Interest expense	(138,545)	(429,035)
Total other expense	(102,980)	(354,936)
Income before income taxes	8,975,711	9,023,114
Provision for income taxes	1,624,131	1,777,442
Net income	7,351,580	7,245,672
Other comprehensive income (loss)
Foreign currency translation loss	(1,205,884)	(15,112,239)
Comprehensive income (loss)	$ 6,145,696	$ (7,866,567)
Basic weighted average shares outstanding	37,648,605	35,939,049
Basic net earnings per share	$ 0.20	$ 0.20
Diluted weighted average shares outstanding	37,648,605	35,939,049
Diluted net earnings per share	$ 0.20	$ 0.20
Jinong
Sales
Net sales	$ 31,427,720	$ 34,707,804
Cost of goods sold
Cost of goods sold	13,269,230	14,540,385
Gufeng
Sales
Net sales	15,809,514	18,234,832
Cost of goods sold
Cost of goods sold	13,385,077	14,745,674
Yuxing
Sales
Net sales	1,355,411	1,241,635
Cost of goods sold
Cost of goods sold	1,045,608	710,050
VIEs
Sales
Net sales	13,291,977
Cost of goods sold
Cost of goods sold	$ 10,753,679

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash flows from operating activities
Net income	$ 7,351,580	$ 7,245,672
Adjustments to reconcile net income to net cash provided by operating activities
Issuance of common stock and stock options for compensation	143,151	1,122,228
Depreciation and amortization	7,380,446	11,022,885
Loss on disposal of property, plant and equipment	1,706	349
Amortization of debt discount	77,963
Change in fair value of derivative liability	(12,731)
Changes in operating assets
Accounts receivable	40,507	(1,617,744)
Other current assets	(556,857)	42,097
Inventories	8,043,544	(8,249,452)
Advances to suppliers	(4,494,718)	(30,383,448)
Other assets	8,425	22,860
Changes in operating liabilities
Accounts payable	701,559	595,769
Customer deposits	(4,126,961)	30,922,425
Tax payables	(3,537,594)	(3,950,618)
Accrued expenses and other payables	(5,931,180)	283,090
Interest payable	57,373
Net cash provided by operating activities	5,146,213	7,056,113
Cash flows from investing activities
Purchase of plant, property, and equipment	(71,470)	(2,590)
Net cash used in investing activities	(71,470)	(2,590)
Cash flows from financing activities
Proceeds from the sale of common stock
Proceeds from loans	1,499,940	3,192,000
Repayment of loans	(1,499,940)	(5,107,200)
Advance from related party	300,000
Net cash provided by (used in) financing activities	300,000	(1,915,200)
Effect of exchange rate change on cash and cash equivalents	(150,170)	(3,759,955)
Net increase in cash and cash equivalents	5,224,573	1,378,368
Cash and cash equivalents, beginning balance	102,896,486	92,982,564
Cash and cash equivalents, ending balance	108,121,059	94,360,932
Supplement disclosure of cash flow information
Interest expense paid	117,506	429,035
Income taxes paid	$ 6,724,632	$ 5,728,060

Organization and Description of

Organization and Description of Business	3 Months Ended
	Sep. 30, 2016
Organization and Description of Business [Abstract]
ORGANIZATION AND DESCRIPTION OF BUSINESS	NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS China Green Agriculture, Inc. (the “Company”, “Parent Company” or “Green Nevada”), through its subsidiaries, is engaged in the research, development, production, distribution and sale of humic acid-based compound fertilizer, compound fertilizer, blended fertilizer, organic compound fertilizer, slow-release fertilizers, highly-concentrated water-soluble fertilizers and mixed organic-inorganic compound fertilizer and the development, production and distribution of agricultural products. Unless the context indicates otherwise, as used in the notes to the financial statements of the Company, the following are the references herein of all the subsidiaries of the Company (i) Green Agriculture Holding Corporation (“Green New Jersey”), a wholly-owned subsidiary of Green Nevada, incorporated in the State of New Jersey; (ii) Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. (“Jinong”), a wholly-owned subsidiary of Green New Jersey organized under the laws of the PRC; (iii) Xi’an Hu County Yuxing Agriculture Technology Development Co., Ltd. (“Yuxing”), a Variable Interest Entity (“VIE”) in the in the People’s Republic of China (the “PRC”) controlled by Jinong through a series of contractual agreements; (iv) Beijing Gufeng Chemical Products Co., Ltd., a wholly-owned subsidiary of Jinong in the PRC (“Gufeng”), and (v) Beijing Tianjuyuan Fertilizer Co., Ltd., Gufeng’s wholly-owned subsidiary in the PRC (“Tianjuyuan”). On June 30, 2016, the Company, through its wholly-owned subsidiary Jinong, entered into strategic acquisition agreements and a series of contractual agreements with the shareholders of the following six companies that are organized under the laws of the PRC and would be deemedVIEs: Shaanxi Lishijie Agrochemical Co., Ltd., Songyuan Jinyangguang Sannong Service Co., Ltd., Shenqiu County Zhenbai Agriculture Co., Ltd., Weinan City Linwei District Wangtian Agricultural Materials Co., Ltd., Aksu Xindeguo Agricultural Materials Co., Ltd., and Xinjiang Xinyulei Eco-agriculture Science and Technology co., Ltd. (collectively hereafter referred to as “the VIE Companies.”) The Company’s corporate structure as of September 30, 2016 is set forth in the diagram below:

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	3 Months Ended
	Sep. 30, 2016
Basis of Presentation and Summary of Significant Accounting Policies [Abstract]
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Principle of consolidation The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, Green New Jersey, Jinong, Gufeng, Tianjuyuan, Yuxing and the VIE Companies. All significant inter-company accounts and transactions have been eliminated in consolidation. VIE assessment A VIE is an entity (1) that has total equity at risk that is not sufficient to finance its activities without additional subordinated financial support from other entities, (2) where the group of equity holders does not have the power to direct the activities of the entity that most significantly impact the entity’s economic performance, or the obligation to absorb the entity’s expected losses or the right to receive the entity’s expected residual returns, or both, or (3) where the voting rights of some investors are not proportional to their obligations to absorb the expected losses of the entity, their rights to receive the expected residual returns of the entity, or both, and substantially all of the entity’s activities either involve or are conducted on behalf of an investor that has disproportionately few voting rights. In order to determine if an entity is considered a VIE, the Company first perform a qualitative analysis, which requires certain subjective decisions regarding its assessments, including, but not limited to, the design of the entity, the variability that the entity was designed to create and pass along to its interest holders, the rights of the parties, and the purpose of the arrangement. If the Company cannot conclude after a qualitative analysis whether an entity is a VIE, it performs a quantitative analysis. The qualitative analysis considered the design of the entity, the risks that cause variability, the purpose for which the entity was created, and the variability that the entity was designed to pass along to its variable interest holders. When the primary beneficiary could not be identified through a qualitative analysis, we used internal cash flow models to compute and allocate expected losses or expected residual returns to each variable interest holder based upon the relative contractual rights and preferences of each interest holder in the VIE’s capital structure. Use of estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America 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 consolidated financial statements and the amount of revenues and expenses during the reporting periods. Management makes these estimates using the best information available at the time the estimates are made. However, actual results could differ materially from those results. Cash and cash equivalents and concentration of cash For statement of cash flows purposes, the Company considers all cash on hand and in banks, certificates of deposit with state owned banks in the Peoples Republic of China (“PRC”) and banks in the United States, and other highly-liquid investments with maturities of three months or less, when purchased, to be cash and cash equivalents. The Company maintains large sums of cash in three major banks in China. The aggregate cash in such accounts and on hand as of September 30,2016 and June 30, 2016 were $108,121,059 and $102,896,486, respectively. The Company had $107,888,999 and $102,728,991 in cash in bank in China, and also had $232,060 and $167,495 in cash in two banks in the United States as of September 30, 2016 and June 30, 2016, respectively. Cash overdraft as of balance sheet date will be reflected as liabilities in the balance sheet. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant risks on its cash in bank accounts. Accounts receivable The Company's policy is to maintain reserves for potential credit losses on accounts receivable. Management regularly reviews the composition of accounts receivable and analyzes customer credit worthiness, current economic trends and changes in customer payment patterns to evaluate the adequacy of these reserves at each year-end. Accounts considered uncollectible are written off through a charge to the valuation allowance. As of September 30, 2016 and June 30, 2016, the Company had accounts receivable of $116,563,778 and $117,055,376, net of allowance for doubtful accounts of $3,006,879 and $397,123, respectively. The Company adopts no policy to accept product returns post to the sales delivery. Inventories Inventory is valued at the lower of cost (determined on a weighted average basis) or market. Inventories consist of raw materials, work in process, finished goods and packaging materials. The Company reviews its inventories regularly for possible obsolete goods and establishes reserves when determined necessary. Deferred asset Deferred assets represent amounts that the distributors owed to the Company in their marketing efforts and developing standard stores to expand the Company’s products’ competitiveness and market shares. The amount owed to the Company to assist its distributors will be expensed over three years which is the term as stated in the cooperation agreement, as long as the distributors are actively selling the Company’s products. For the three months ended September 30, 2016 and 2015, the Company amortized $7,274,334 and $9,712,715, respectively, of the deferred assets. If a distributor breaches, defaults, or terminates the agreement with the Company within the three-year period, the outstanding unamortized portion of the amount owed will become payable to the Company immediately. The Company’s Chairman, Mr. Li, guaranteed to the Company of amounts remaining unpaid due from distributors. The deferred assets consist of items inside the distributors’ stores such as furniture, racks, cabinets, and display units, and items outside or attached to the distributors’ stores such as signage and billboards. These types of assets would be capitalized as fixed assets if the Company actually owned the stores or utilized the assets for its own operations. These assets would also be capitalized as leasehold improvements if the Company leased these stores from the distributors. Therefore, the Company believes that under the U.S. generally accepted accounting principles, these types of assets purchases are properly capitalized. In addition, the Company believes that these assets are properly classified as deferred assets because if a distributor breaches, defaults, or terminates the agreement with the Company within a three-year period, a proportionate amount expended by the Company is to be repaid by the distributor. The Chairman of the Board of directors of the Company guaranteed to the Company of amounts remaining unpaid due from distributors. The assets inside the distributors’ stores are custom made to fit the layout of each individual store and the signage and billboards are also custom designed to fit the specific location. The assets were purchased by the Company directly from the manufacturers and installed in the distributors’ stores. The Company wants to maintain control over the quality of the items being purchased as well as making them uniform among all the distributor locations. Intangible Assets The Company records intangible assets acquired individually or as part of a group at fair value. Intangible assets with definitive lives are amortized over the useful life of the intangible asset, which is the period over which the asset is expected to contribute directly or indirectly to the entity’s future cash flows. The Company evaluates intangible assets for impairment at least annually and more often whenever events or changes in circumstances indicate that the carrying value may not be recoverable. Whenever any such impairment exists, an impairment loss will be recognized for the amount by which the carrying value exceeds the fair value. Customer deposits Payments received before all of the relevant criteria for revenue recognition are satisfied are recorded as customer deposits. When all revenue recognition criteria are met, the customer deposits are recognized as revenue. As of September 30, 2016 and June 30, 2016, the Company had customer deposits of $4,420,357 and $8,578,341, respectively. Earnings per share Basic earnings per share is computed based on the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share is computed based on the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding stock options and stock awards. The components of basic and diluted earnings per share consist of the following: Three Months Ended 2016 2015 Net Income for Basic Earnings Per Share $ 7,351,580 $ 7,245,672 Basic Weighted Average Number of Shares 37,648,605 35,939,049 Net Income Per Share – Basic $ 0.20 $ 0.20 Net Income for Diluted Earnings Per Share $ 7,351,580 $ 7,245,672 Diluted Weighted Average Number of Shares 37,648,605 35,939,049 Net Income Per Share – Diluted $ 0.20 $ 0.20 Recent accounting pronouncements In November 2015, the FASB issued ASU No. 2015-17, Balance Sheet Classification of Deferred Taxes In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) Leases (FAS 13) In March 2016, the FASB issued ASU 2016-09, Improvements to Employee Share Based Payment Accounting In April 2016, the FASB issued ASU 2016-10, “Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing” (“ASU 2016-10”), which clarifies the following two aspects of Topic 606: (a) identifying performance obligations; and (b) the licensing implementation guidance. The amendments do not change the core principle of the guidance in Topic 606. The new guidance is effective for annual periods beginning after December 15, 2017, including interim periods within those annual periods, which will be our interim period beginning January 1, 2018. Early adoption is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods with that reporting period. The Company is currently evaluating the impact of adopting this standard on its consolidated financial statements. In May 2016, the FASB issued ASU 2016-11, “Revenue Recognition (Topic 605) and Derivatives and Hedging (Topic 815): Rescission of SEC Guidance Because of Accounting Standards Updates 2014-09 and 2014-06 Pursuant to Staff Announcements at the March 3, 2016 EITF Meeting” (“ASU 2016-11”), which clarifies revenue and expense recognition for freight costs, accounting for shipping and handling fees and costs, and accounting for consideration given by a vendor to a customer. The new guidance is effective for annual periods beginning after December 15, 2017, including interim periods within those annual periods, which will be our interim period beginning January 1, 2018. Early adoption is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods with that reporting period. The Company is currently evaluating the impact of adopting this standard on its consolidated financial statements. In May 2016, the FASB issued ASU 2016-12, “Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients” (“ASU 2016-12”), which amends the guidance in the new revenue standard on collectability, noncash consideration, presentation of sales tax, and transition. The amendments are intended to address implementation issues and provide additional practical expedients to reduce the cost and complexity of applying the new revenue standard. The new guidance is effective for annual periods beginning after December 15, 2017, including interim periods within those annual periods, which will be our interim period beginning January 1, 2018. Early adoption is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods with that reporting period. The Company is currently evaluating the impact of adopting this standard on its consolidated financial statements. In August 2016, the FASB issued ASU 2016-15, regarding ASC Topic 230 "Statement of Cash Flows." This update addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice. The new guidance is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early adoption is permitted. The Company does not expect the adoption of this standard to have a significant effect on our consolidated financial statements. Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company's present or future financial statements.

Inventories

Inventories	3 Months Ended
	Sep. 30, 2016
Inventories [Abstract]
INVENTORIES	NOTE 3 – INVENTORIES Inventories consisted of the following: September 30, June 30, 2016 2016 Raw materials $ 24,760,202 $ 29,926,762 Supplies and packing materials $ 433,560 $ 444,373 Work in progress $ 419,900 $ 408,820 Finished goods $ 53,446,114 $ 56,656,360 Total $ 79,059,776 $ 87,436,315

Property, Plant and Equipment

Property, Plant and Equipment	3 Months Ended
	Sep. 30, 2016
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT	NOTE 4 - PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment consisted of the following: September 30, June 30, 2016 2016 Building and improvements $ 42,304,556 $ 42,489,975 Auto 942,112 937,642 Machinery and equipment 18,937,367 19,015,420 Agriculture assets 763,031 765,983 Total property, plant and equipment 62,947,066 63,209,020 Less: accumulated depreciation (26,364,157 ) (25,639,281 ) Total $ 36,582,909 $ 37,569,739

Intangible Assets

Intangible Assets	3 Months Ended
	Sep. 30, 2016
Intangible Assets [Abstract]
INTANGIBLE ASSETS	NOTE 5 - INTANGIBLE ASSETS Intangible assets consisted of the following: September 30, June 30, 2016 2016 Land use rights, net $ 10,280,980 $ 10,381,215 Technology patent, net 4,332 0 Customer relationships, net 6,060,389 6,403,343 Non-compete agreement 876,005 925,678 Trademarks 6,101,744 6,129,812 Total $ 23,323,450 $ 23,840,048 LAND USE RIGHT On September 25, 2009, Yuxing was granted a land use right for approximately 88 acres (353,000 square meters or 3.8 million square feet) by the People’s Government and Land & Resources Bureau of Hu County, Xi’an, Shaanxi Province. The fair value of the related intangible asset was determined to be the respective cost of RMB73,184,895 (or $10,970,416). The intangible asset is being amortized over the grant period of 50 years using the straight line method. On August 13, 2003, Tianjuyuan was granted a certificate of Land Use Right for a parcel of land of approximately 11 acres (42,726 square meters or 459,898 square feet) at Ping Gu District, Beijing. The purchase cost was recorded at RMB1,045,950 (or $156,788). The intangible asset is being amortized over the grant period of 50 years. On August 16, 2001, Jinong received a land use right as a contribution from a shareholder, which was granted by the People’s Government and Land & Resources Bureau of Yangling District, Shaanxi Province. The fair value of the related intangible asset at the time of the contribution was determined to be RMB7,285,099 (or $1,092,036). The intangible asset is being amortized over the grant period of 50 years. The Land Use Rights consisted of the following: September 30, June 30, 2016 2016 Land use rights $ 12,220,870 $ 12,268,150 Less: accumulated amortization (1,939,890 ) (1,886,935 ) Total land use rights, net $ 10,280,980 $ 10,381,215 TECHNOLOGY PATENT On August 16, 2001, Jinong was issued a technology patent related to a proprietary formula used in the production of humid acid. The fair value of the related intangible asset was determined to be the respective cost of RMB 5,875,068 (or $880,673) and is being amortized over the patent period of 10 years using the straight line method. This technology patent has been fully amortized. On July 2, 2010, the Company acquired Gufeng and its wholly-owned subsidiary Tianjuyuan. The fair value on the acquired technology patent was estimated to be RMB9,200,000 (or $1,379,080) and is amortized over the remaining useful life of six years using the straight line method. The technology know-how consisted of the following: September 30, June 30, 2016 2016 Technology know-how $ 2,264,499 $ 2,273,260 Less: accumulated amortization (2,260,167 ) (2,268,798 ) Total technology know-how, net $ 4,332 $ 4,462 CUSTOMER RELATIONSHIP On July 2, 2010, the Company acquired Gufeng and its wholly-owned subsidiary Tianjuyuan. The fair value on the acquired customer relationships was estimated to be RMB65,000,000 (or $9,743,500) and is amortized over the remaining useful life of ten years. On June 30, 2016, the Company acquired the VIE Companies. The fair value on the acquired customer relationships was estimated to be RMB16,472,179 (or $2,469,180) and is amortized over the remaining useful life of seven to ten years. September 30, June 30, 2016 2016 Customer relationships $ 12,209,864 $ 12,257,100 Less: accumulated amortization (6,149,475 ) (5,853,757 ) Total customer relationships, net $ 6,060,389 $ 6,403,343 NON-COMPETE AGREEMENT On July 2, 2010, the Company acquired Gufeng and its wholly-owned subsidiary Tianjuyuan. The fair value on the acquired non-compete agreement was estimated to be RMB1,320,000 (or $197,868) and is amortized over the remaining useful life of five years using the straight line method. On June 30, 2016, the Company acquired the VIE Companies. The fair value on the acquired non-compete agreements were estimated to be RMB6,150,683 (or $921,987) and is amortized over the remaining useful life of five years using the straight line method. September 30, June 30, 2016 2016 Non-compete agreement $ 1,120,005 $ 1,124,338 Less: accumulated amortization (244,000 ) (198,660 ) Total non-compete agreement, net $ 876,005 $ 925,678 TRADEMARKS On July 2, 2010, the Company acquired Gufeng and its wholly-owned subsidiary Tianjuyuan. The preliminary fair value on the acquired trademarks was estimated to be RMB40,700,000 (or $6,100,930) and is subject to an annual impairment test. AMORTIZATION EXPENSE Estimated amortization expenses of intangible assets for the next five twelve months periods ended September 30, 2016, are as follows: Years Ending September 30, Expense ($) 2017 1,701,947 2018 1,701,947 2019 1,701,947 2020 1,701,947 2021 1,412,222

Accrued Expenses and Other Paya

Accrued Expenses and Other Payables	3 Months Ended
	Sep. 30, 2016
Accrued Expenses and Other Payables [Abstract]
ACCRUED EXPENSES AND OTHER PAYABLES	NOTE 6 - ACCRUED EXPENSES AND OTHER PAYABLES Accrued expenses and other payables consisted of the following: September 30, June 30, 2016 2016 Payroll payable $ 54,850 $ 58,704 Welfare payable 153,914 154,510 Accrued expenses 4,417,656 4,450,306 Other payables 5,615,399 11,624,653 Other levy payable 125,733 126,219 Total $ 10,367,552 $ 16,414,392

Amount Due to Related Parties

Amount Due to Related Parties	3 Months Ended
	Sep. 30, 2016
Amount Due To Related Parties [Abstract]
AMOUNT DUE TO RELATED PARTIES	NOTE 7 - AMOUNT DUE TO RELATED PARTIES As of September 30, 2016 and June 30, 2016, the amount due to related parties was $2,768,825 and $2,473,004, respectively. As of September 30, 2016 and June 30, 2016, $1,088,183 and $1,092,243, respectively were amounts that Gufeng borrowed from a related party, Xi’an Techteam Science & Technology Industry (Group) Co. Ltd., a company controlled by Mr. Tao Li, Chairman and CEO of the Company, representing unsecured, non-interest bearing loans that are due on demand. These loans are not subject to written agreements. Company had other payable of $1.680,642, was an amount of advanced payable to our major shareholder. At the end of December 2015, Yuxing entered into a sales agreement with the Company’s affiliate, 900LH.com Food Co., Ltd. ("900LH.com", previously announced as Xi'an Gem Grain Co., Ltd) pursuant to which Yuxing is to supply various vegetables to 900LH.com for its incoming seasonal sales at the holidays and year ends (the “Sales Agreement”). The contingent contracted value of the Sales Agreement is RMB 25,500,000 (approximately $3,822,450). For the three months ended September 30, 2016, Yuxing has sold approximately $694,259 products to 900LH.com. On June 29, 2016, Jinong signed an office lease with Kingtone Information Technology Co., Ltd. (“Kingtone Information”), where Mr. Tao Li, Chairman and CEO of the Company, serves as its Chairman. Pursuant to the lease, Jinong rented 612 square meters (approximately 6,588 square feet) of office space from Kingtone Information. The lease provided for a two-year term effective as of July 1, 2016 with monthly rent of RMB26,684 (approximately $4,000). At June 30, 2016, the Company’s subsidiary, Jinong, owed 900LH.com $43,737 and 900nong owned Jinong $13,518. At June 30, 2016, the Company’s subsidiary, Gufeng, owned 900LH.com $7,738 and 900nong.com owed Gufeng $454,534. At June 30, 2016, the Company’s variable interest entity, Xinyulei, owned 900LH.com $15,050 and 900LH.com owned Xinyulei $48,518. At June 30, 2016, Mr Rujun Mo, the owner of Xinyulei and Xindeguo, had a bank loan of $301,000 under his personal term which is guaranteed by Xindeguo and Xinyulei. The purpose of this loan is to pay off the purchase of inventory for Xinyulei; At June 30, 2016, Mr. Mo had a personal loan of $316,050, which was borrowed from his family relatives. At June 30, 2016, Mr. Mo has paid $270,900 deposit for his membership card of 900LH.com. This member card shall enjoy free fixed amount of product and member service every month and it can withdraw at any time, but the membership and relevant services will be terminated. At September 30, 2016, the Company’s subsidiary, Jinong, owed 900LH.com $42,259. At September 30, 2016, the Company’s subsidiary, Gufeng, owned 900LH.com $6,064 and 900nong.com owed Gufeng $452,722. At September 30, 2016, the Company’s variable interest entity, Xinyulei, owned 900LH.com $191,140. At September 30, 2016, Mr Rujun Mo, the owner of Xinyulei and Xindeguo, had a bank loan of $299,800 under his personal term which is guaranteed by Xindeguo and Xinyulei. The purpose of this loan is to pay off the purchase of inventory for Xinyulei; At September 30, 2016, Mr. Mo had a personal loan of $314,790, which was borrowed from his family relatives. At September 30, 2016, Mr. Mo has paid $269,820 deposit for his membership card of 900LH.com. This member card shall enjoy free fixed amount of product and member service every month and it can withdraw at any time, but the membership and relevant services will be terminated.

Loan Payables

Loan Payables	3 Months Ended
	Sep. 30, 2016
Loan Payables [Abstract]
LOAN PAYABLES	NOTE 8- LOAN PAYABLES As of September 30, 2016, the short-term loan payables consisted of three loans which mature on dates ranging from January 19, 2016 through July 28, 2017 with interest rates ranging from 4.87% to 5.22%. The loans No. 1 and 2 below are collateralized by Tianjuyan’s land use right and building ownership right. The loans No. 3 is guaranteed by Jinong’s credit. No. Payee Loan period per agreement Interest September 30, 1 Agriculture Bank of China-Pinggu Branch May. 18, 2016 – Mar. 17, 2017 4.87 % $ 1,948,960 2 Agriculture Bank of China-Pinggu Branch Jan. 19, 2016- Jan. 17, 2017 5.00 % 1,199,360 3 Beijing Bank- Pinggu Branch Jul. 28, 2016 – Jul. 28, 2017 5.22 % 1,499,200 Total $ 4,647,520 As of June 30, 2016, the short-term loan payables consisted of three loans which mature on dates ranging from May 18, 2016 through March 17, 2017 with interest rates ranging from 4.87% to 5.82%. The loans No. 1 and 3 below are collateralized by Tianjuyan’s land use right and building ownership right. The loans No. 2 is guaranteed by Jinong’s credit. No. Payee Loan period per agreement Interest June 30, 1 Agriculture Bank of China-Pinggu Branch May. 18, 2016 - Mar. 17, 2017 4.87 % $ 1,956,500 2 Beijing Bank - Pinggu Branch Aug. 11, 2015- Aug. 2, 2016 5.82 % 1,505,000 3 Agriculture Bank of China-Pinggu Branch Jan. 19, 2016 – Jan. 17, 2017 5.00 % 1,204,000 Total $ 4,665,500 Gufeng repaid RMB10,000,000 ($1,499,200) bank loan to Beijing Bank in July, and borrowed RMB10,000,000 ($1,499,200) from the same bank as of September 30, 2016. The interest expense from short-term loans was $138,545 and $429,035 for the three months ended September 30, 2016 and 2015, respectively.

Convertible Notes Payable

Convertible Notes Payable	3 Months Ended
	Sep. 30, 2016
Convertible Notes Payable [Abstract]
CONVERTIBLE NOTES PAYABLE	NOTE 9 – CONVERTIBLE NOTES PAYABLE In connection with the acquisition of the VIE Companies, the Company subsidiary, Jinong, issued to the VIE Companies shareholders convertible notes payable in the aggregate amount of RMB 51,000,000 ($7,675,500) with a term of three years and an annual interest rate of 3%. The convertible notes take priority over the preferred stock and common stock of Jinong, and any other class or series of capital stocks Jinong issues in the future in terms of interests and payments in the event of any liquidation, dissolution or winding up of Jinong. On or after the third anniversary of the issuance date of the note, noteholders may request Jinong to process the note conversion to convert the note into shares of the Company’s common stock. The notes cannot be converted prior to the mature date. The per share conversion price of the notes is the higher of the following: (i) $5.00 per share or (ii) 75% of the closing price of the Company’s common stock on the date the noteholder delivers the conversion notice. The Company determined that the carry value of the convertible notes payable was RMB 44,850,466 ($6,723,982) and RMB 44,330,692 ($6,671,769) as of September 30, 2016 and June 30, 2016, respectively, which was due to the lower than market interest rate and the conversion feature. The difference between the carry value of the notes and the face amount of the notes will be amortized to interest expense over the three year life of the notes. As of September 30, 2016, the amortization of this discount into interest expenses was $519,774.

Taxes Payable

Taxes Payable	3 Months Ended
	Sep. 30, 2016
Taxes Payable [Abstract]
TAXES PAYABLE	NOTE 10 – TAXES PAYABLE Enterprise Income Tax Effective January 1, 2008, the Enterprise Income Tax (“EIT”) law of the PRC replaced the tax laws for Domestic Enterprises (“DEs”) and Foreign Invested Enterprises (“FIEs”). The EIT rate of 25% replaced the 33% rate that was applicable to both DEs and FIEs. The two year tax exemption and three year 50% tax reduction tax holiday for production-oriented FIEs was eliminated. Since January 1, 2008, Jinong became subject to income tax in China at a rate of 15% as a high-tech company, as a result of the expiration of its tax exemption on December 31, 2007. Accordingly, it made provision for income taxes for the three months ended September 30, 2016 and 2015 of $987,512 and $1,220,708, respectively, which is mainly due to the operating income from Jinong. Gufeng is subject to 25% EIT rate and thus it made provision for income taxes of $307,735 and $556,733 for the three months ended September 30, 2016 and 2015, respectively. Value-Added Tax All of the Company’s fertilizer products that are produced and sold in the PRC were subject to a Chinese Value-Added Tax (VAT) of 13% of the gross sales price. On April 29, 2008, the PRC State of Administration of Taxation (SAT) released Notice #56, “ Exemption of VAT for Organic Fertilizer Products Income Taxes and Related Payables Taxes payable consisted of the following: September 30, June 30, 2016 2016 VAT provision $ (138,599 ) $ 2,218 Income tax payable (304,665 ) 3,445,480 Other levies 667,095 656,520 Total $ 223,831 $ 4,104,218 The provision for income taxes consists of the following: September 30, 2016 June 30, Current tax - foreign $ 1,295,248 $ 7,371,967 Deferred tax - - $ 1,295,248 $ 7,371,967 Tax Rate Reconciliation Our effective tax rates were approximately 15.0% and 19.7% for three months ended September 30, 2016 and 2015, respectively. Substantially all of the Company’s income before income taxes and related tax expense are from PRC sources. Actual income tax benefit reported in the consolidated statements of income and comprehensive income differ from the amounts computed by applying the US statutory income tax rate of 34% to income before income taxes for the three months ended September 30, 2016 and 2015 for the following reasons: September 30, 2016 China United States 15% - 25% 34% Total Pretax income (loss) $ 8,965,900 (346,122 ) $ 8,619,778 Expected income tax expense (benefit) 2,241,475 25.0 % (117,682 ) 34.0 % 2,123,794 High-tech income benefits on Jinong (593,485 ) (6.6 )% - - (593,485 ) Losses from subsidiaries in which no benefit is recognized (352,742 ) (3.9 )% - - (352,742 ) Change in valuation allowance on deferred tax asset from US tax benefit - 117,682 (34.0 )% 117,681 Actual tax expense $ 1,295,248 14.4 % $ - - % $ 1,295,248 15.0 % September 30, 2015 China United States 15% - 25% 34% Total Pretax income (loss) $ 10,616,945 (1,593,831 ) $ 9,023,114 Expected income tax expense (benefit) 2,654,236 25.0 % (541,903 ) 34.0 % 2,112,333 High-tech income benefits on Jinong (787,682 ) (7.4 )% - - (787,682 ) Losses from subsidiaries in which no benefit is recognized (89,112 ) (0.8 )% - - (89,112 ) Change in valuation allowance on deferred tax asset from US tax benefit - 541,903 (34.0 )% 541,903 Actual tax expense $ 1,777,442 16.7 % $ - - % $ 1,777,442 19.7 %

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Sep. 30, 2016
Stockholders' Equity [Abstract]
STOCKHOLDERS' EQUITY	NOTE 11 – STOCKHOLDERS’ EQUITY Common Stock On September 30, 2014, the Company granted an aggregate of 1,750,000 shares of restricted stock under the 2009 Plan to certain executive officers, directors and employees, among which (i) 240,000 shares of restricted stock to Mr. Tao Li, the CEO; (ii) 100,000 shares of restricted stock to Mr. Ken Ren, the CFO, (iii) 40,000 shares of restricted stock to Mr. Yizhao Zhang, 30,000 shares of restricted stock to Ms. Yiru Shi, and 20,000 shares of restricted stock to Mr. Lianfu Liu, each an independent director of the Company; and (iv) 1,320,000 shares of restricted stock to key employees. The stock grants are subject to time-based vesting schedules, vesting in various installments until March 31, 2015 for the CFO and the three independent directors, until June 30, 2015 for the CEO and until December 31, 2016 for the employees. The value of the restricted stock awards was $3,675,000 and is based on the fair value of the Company’s common stock on the grant date. This amount is being amortized to compensation expense over the vesting periods for the various awards. As of September 30, 2016 the unamortized portion of the compensation expense was $92,113 which will be amortized to expense through December 31, 2016. On September 28, 2015, the Company granted an aggregate of 1,000,000 shares of restricted stock under the 2009 Plan to certain key employees. The stock grants are subject to time-based vesting schedules, vesting in various installments until June 30, 2016. The value of the restricted stock awards was $1,660,000 and is based on the fair value of the Company’s common stock on the grant date. This amount is being amortized to compensation expense over the vesting periods for the various awards. On June 26, 2016, the Company granted an aggregate of 670,000 shares of restricted stock under the 2009 Plan to certain key employees. The stock grants vest immediately. The value of the restricted stock awards was $897,800 and is based on the fair value of the Company’s common stock on the grant date. The following table sets forth changes in compensation-related restricted stock awards during the three months ended September 30, 2016: Fair Grant Date Number of Value of Fair Value Shares Shares Per share Outstanding (unvested) at June 30, 2016 588,000 $ 235,264 Granted - - $ - Forfeited - Vested (185,500 ) (143,151 ) Outstanding (unvested) at September 30, 2016 402,500 $ 92,113 As of September 30, 2016, the unamortized expense related to the grant of restricted shares of common stock of $92,113 will be amortized into expense through December 31, 2016. The fair value of the restricted common stock awards was based on the closing price of the Company’s common stock on the grant date. The fair value of the common stock awarded is amortized over the various vesting terms of each grant. Preferred Stock Under the Company’s Articles of Incorporation, the Board has the authority, without further action by stockholders, to designate up to 20,000,000 shares of preferred stock in one or more series and to fix the rights, preferences, privileges, qualifications and restrictions granted to or imposed upon the preferred stock, including dividend rights, conversion rights, voting rights, rights and terms of redemption, liquidation preference and sinking fund terms, any or all of which may be greater than the rights of the common stock. If the Company sells preferred stock under its registration statement on Form S-3, it will fix the rights, preferences, privileges, qualifications and restrictions of the preferred stock of each series in the certificate of designation relating to that series and will file the certificate of designation that describes the terms of the series of preferred stock the Company offers before the issuance of the related series of preferred stock. As of September 30, 2016, the Company has 20,000,000 shares of preferred stock authorized, with a par value of $.001 per share, of which no shares are issued or outstanding.

Concentrations

Concentrations	3 Months Ended
	Sep. 30, 2016
Concentrations [Abstract]
CONCENTRATIONS	NOTE 12 –CONCENTRATIONS Market Concentration All of the Company's revenue-generating operations are conducted in the PRC. Accordingly, the Company's business, financial condition and results of operations may be influenced by the political, economic and legal environments in the PRC, and by the general state of the PRC's economy. The Company's operations in the PRC are subject to specific considerations and significant risks not typically associated with companies in North America and Western Europe. These include risks associated with, among other things, the political, economic and legal environment and foreign currency exchange. The Company’s results may be adversely affected by, among other things, changes in governmental policies with respect to laws and regulations, anti-inflationary measures, currency conversion and remittance abroad, and rates and methods of taxation. Vendor and Customer Concentration There were two vendors from which the Company purchased 17.9% and 12.4% of its raw materials for the three month ended September 30, 2016. Total purchase from these two venders amounted to $5,502,130 as of September 30, 2016. There were two vendors from which the Company purchased 23.2% and 22.5% of its raw materials for the three months ended September 30, 2015. Total purchase from these two vendors amounted to $19,034,614 as of September 30, 2015. None customer accounted over 10% of the Company’s sales for the three months ended September 30, 2016. One customer was accounted for 26.0% of the Company’s sales for the three months ended September 30, 2015.

Segment Reporting

Segment Reporting	3 Months Ended
	Sep. 30, 2016
Segment Reporting [Abstract]
SEGMENT REPORTING	NOTE 13 – SEGMENT REPORTING As of September 30, 2016, the Company was organized into three main business segments based on location and product: Jinong (fertilizer production), Gufeng (fertilizer production), and Yuxing (agricultural products production). As of June 30, 2016, with the acquisition of the VIE Companies, the Company added a new distribution segment. Each of the four operating segments referenced above has separate and distinct general ledgers. The chief operating decision maker (“CODM”) receives financial information, including revenue, gross margin, operating income and net income produced from the various general ledger systems to make decisions about allocating resources and assessing performance; however, the principal measure of segment profitability or loss used by the CODM is net income by segment. Three Months Ended 2016 2015 Revenues from unaffiliated customers: Jinong $ 31,427,720 $ 34,707,804 Gufeng 15,809,514 18,234,832 Yuxing 1,355,411 1,241,635 VIEs 13,291,977 0 Consolidated $ 61,884,622 $ 54,184,271 Operating income : Jinong $ 6,379,220 $ 7,955,654 Gufeng 1,085,083 2,609,953 Yuxing 157,030 406,297 VIEs 1,803,480 0 Reconciling item (1) 0 0 Reconciling item (2) 0 (517,360 ) Reconciling item (2)--stock compensation (346,122 ) (1,076,494 ) Consolidated $ 9,078,691 $ 9,378,050 Net income: Jinong $ 5,346,288 $ 6,812,851 Gufeng 716,486 1,620,367 Yuxing 157,080 406,285 VIEs 1,477,848 0 Reconciling item (1) 0 24 Reconciling item (2) (346,122 ) (1,593,855 ) Consolidated $ 7,351,580 $ 7,245,672 Depreciation and Amortization: Jinong $ 6,313,089 $ 9,933,982 Gufeng 627,309 745,595 Yuxing 313,916 343,308 VIEs 126,132 0 Consolidated $ 7,380,446 $ 11,022,885 Interest expense: Jinong 57,373 Gufeng 60,133 429,035 Consolidated $ 117,506 $ 429,035 Capital Expenditure: Jinong $ 1,222 $ 0 Gufeng 4,443 1,787 Yuxing 555 803 VIEs 0 0 Consolidated $ 6,220 $ 2,590 As of September 30, June 30, Identifiable assets: Jinong $ 195,887,186 $ 198,599,977 Gufeng 148,145,160 149,891,328 Yuxing 43,194,663 45,448,157 VIEs 24,984,117 24,675,499 Reconciling item (1) 235,008 170,444 Reconciling item (2) (2,878 ) (2,878 ) Consolidated $ 412,443,256 $ 418,782,527 (1) Reconciling amounts refer to the unallocated assets or expenses of Green New Jersey. (2) Reconciling amounts refer to the unallocated assets or expenses of the Parent Company.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Sep. 30, 2016
Commitments and Contingencies [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 14 - COMMITMENTS AND CONTINGENCIES On June 29, 2016, Jinong signed an office lease with Kingtone Information. Pursuant to the lease, Jinong rented 612 square meters (approximately 6,588 square feet) of office space from Kingtone Information. The lease provided for a two-year term effective as of July 1, 2016 with monthly rent of $3,670 (RMB 24,480). In January 2008, Jintai signed a ten-year land lease with Xi’an Jinong Hi-tech Agriculture Demonstration Zone for a monthly rent of $780 (RMB 5,200). In February 2004, Tianjuyuan signed a fifty-year lease with the village committee of Dong Gao Village and Zhen Nan Zhang Dai Village in the Beijing Ping Gu District, at a monthly rent of $443 (RMB 2,958). Accordingly, the Company recorded an aggregate of $14,679 and $1,440 as rent expenses for the three months ended September 30, 2016 and 2015, respectively. Rent expenses for the next five years ended September 30, are as follows: Years ending September 30, 2017 $ 14,679 2018 1,329 2019 1,329 2020 1,329 2021 1,329

Variable Interest Entities

Variable Interest Entities	3 Months Ended
	Sep. 30, 2016
Variable Interest Entities [Abstract]
VARIABLE INTEREST ENTITIES	NOTE 15 - VARIABLE INTEREST ENTITIES In accordance with accounting standards regarding consolidation of variable interest entities, VIEs are generally entities that lack sufficient equity to finance their activities without additional financial support from other parties or whose equity holders lack adequate decision making ability. All VIEs with which a company is involved must be evaluated to determine the primary beneficiary of the risks and rewards of the VIE. The primary beneficiary is required to consolidate the VIE for financial reporting purposes. Green Nevada through one of its subsidiaries, Jinong, entered into a series of agreements (the “VIE Agreements”) with Yuxing for it to qualify as a VIE, effective June 16, 2013. The Company has concluded, based on the contractual arrangements, that Yuxing is a VIE and that the Company’s wholly-owned subsidiary, Jinong, absorbs a majority of the risk of loss from the activities of Yuxing, thereby enabling the Company, through Jinong, to receive a majority of Yuxing expected residual returns. On June 30, 2016, the Company, through its wholly-owned subsidiary Jinong, entered into strategic acquisition agreements and also into a series of contractual agreements to qualify as VIEs with the shareholders of the the VIE Companies. Jinong, the VIE Companies, and the shareholders of the VIE Companies also entered into a series of contractual agreements for the VIE Companies to qualify as VIEs (the “VIE Agreements”). As a result of these contractual arrangements, with Yuxing and the VIE Companies the Company is entitled to substantially all of the economic benefits of Yuxing and the VIE Companies. The following financial statement amounts and balances of the VIEs were included in the accompanying consolidated financial statements as of September 30, 2016 and June 30, 2016: September 30, June 30, 2016 2016 ASSETS Current Assets Cash and cash equivalents $ 323,546 $ 1,017,841 Accounts receivable, net 9,088,305 7,050,201 Inventories 26,342,731 26,370,202 Other current assets 1,911,937 1,875,912 Advances to suppliers 1,669,202 4,900,524 Total Current Assets 39,335,721 41,214,680 Plant, Property and Equipment, Net 13,062,719 13,377,817 Other assets 332,976 334,264 Intangible Assets, Net 12,688,274 12,913,776 Goodwill 3,146,008 3,158,179 Total Assets $ 68,565,698 $ 70,998,716 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities Accounts payable $ 4,631,083 $ 3,840,052 Customer deposits 1,334,525 3,486,150 Accrued expenses and other payables 5,067,932 5,580,642 Amount due to related parties 41,340,642 43,478,158 Total Current Liabilities 52,374,182 56,385,002 Stockholders' equity 16,191,516 14,613,714 Total Liabilities and Stockholders' Equity $ 68,565,698 $ 70,998,716 Three Months Ended 2016 2015 Revenue $ 14,647,388 $ 8,406,663 Expenses 13,012,462 6,935,251 Net income $ 1,634,926 $ 1,471,412

Business Combinations

Business Combinations	3 Months Ended
	Sep. 30, 2016
Business Combinations [Abstract]
BUSINESS COMBINATIONS	NOTE 16 – BUSINESS COMBINATIONS On June 30, 2016, the Company, through its wholly-owned subsidiary Jinong, entered into strategic acquisition agreements and also into a series of contractual agreements to qualify as VIEs with the shareholders of the the VIE Companies. Jinong, the VIE Companies, and the shareholders of the VIE Companies also entered into a series of contractual agreements for the VIE Companies to qualify as VIEs (the “VIE Agreements”). The VIE Agreements are as follows: Entrusted Management Agreements Pursuant to the terms of certain Entrusted Management Agreements dated June 30, 2016, between Jinong and the shareholders of the VIE Companies (the “Entrusted Management Agreements”), the VIE Companies and their shareholders agreed to entrust the operations and management of its business to Jinong. According to the Entrusted Management Agreement, Jinong possesses the full and exclusive right to manage the VIE Companies’ operations, assets and personnel, has the right to control all of the VIE Companies' cash flows through an entrusted bank account, is entitled to the VIE Companies' net profits as a management fee, is obligated to pay all of the VIE Companies’ payables and loan payments, and bears all losses of the VIE Companies. The Entrusted Management Agreements will remain in effect until (i) the parties mutually agree to terminate the agreement; (ii) the dissolution of the VIE Companies; or (iii) Jinong acquires all of the assets or equity of the VIE Companies (as more fully described below under “Exclusive Option Agreements”). Exclusive Technology Supply Agreements Pursuant to the terms of certain Exclusive Technology Supply Agreements dated June 30, 2016, between Jinong and the VIE Companies (the “Exclusive Technology Supply Agreements”), Jinong is the exclusive technology provider to the VIE Companies. The VIE Companies agreed to pay Jinong all fees payable for technology supply prior to making any payments under the Entrusted Management Agreement. The Exclusive Technology Supply Agreements shall remain in effect until (i) the parties mutually agree to terminate the agreement; (ii) the dissolution of the VIE Companies; or (iii) Jinong acquires the VIE Companies (as more fully described below under “Exclusive Option Agreements”). Shareholder’s Voting Proxy Agreements Pursuant to the terms of certain Shareholder’s Voting Proxy Agreements dated June 30, 2016, among Jinong and the shareholders of the VIE Companies (the “Shareholder’s Voting Proxy Agreements”), the shareholders of the VIE Companies irrevocably appointed Jinong as their proxy to exercise on such shareholders’ behalf all of their voting rights as shareholders pursuant to PRC law and the Articles of Association of the VIE Companies, including the appointment and election of directors of the VIE Companies. Jinong agreed that it shall maintain a board of directors, the composition and appointment of which shall be approved by the Board of the Company. The Shareholder’s Voting Proxy Agreements will remain in effect until Jinong acquires all of the assets or equity of the VIE Companies. Exclusive Option Agreements Pursuant to the terms of certain Exclusive Option Agreements dated June 30, 2016, among Jinong, the VIE Companies, and the shareholders of the VIE Companies (the “Exclusive Option Agreements”), the shareholders of the VIE Companies granted Jinong an irrevocable and exclusive purchase option (the “Option”) to acquire the VIE Companies’ equity interests and/or remaining assets, but only to the extent that the acquisition does not violate limitations imposed by PRC law on such transactions. The Option is exercisable at any time at Jinong’s discretion so long as such exercise and subsequent acquisition of the VIE Companies does not violate PRC law. The consideration for the exercise of the Option is to be determined by the parties and memorialized in the future by definitive agreements setting forth the kind and value of such consideration. Jinong may transfer all rights and obligations under the Exclusive Option Agreements to any third parties without the approval of the shareholders of the VIE Companies so long as a written notice is provided. The Exclusive Option Agreements may be terminated by mutual agreements or by 30 days written notice by Jinong. Equity Pledge Agreements Pursuant to the terms of certain Equity Pledge Agreements dated June 30, 2016, among Jinong and the shareholders of the VIE Companies (the “Pledge Agreements”), the shareholders of the VIE Companies pledged all of their equity interests in the VIE Companies to Jinong, including the proceeds thereof, to guarantee all of Jinong's rights and benefits under the Entrusted Management Agreements, the Exclusive Technology Supply Agreements, the Shareholder’ Voting Proxy Agreements and the Exclusive Option Agreements. Prior to termination of the Pledge Agreements, the pledged equity interests cannot be transferred without Jinong's prior written consent. The Pledge Agreements may be terminated only upon the written agreement of the parties. Non-Compete Agreements Pursuant to the terms of certain Non-Compete Agreements dated June 30, 2016, among Jinong and the shareholders of the VIE Companies (the “Non-Compete Agreements”), the shareholders of the VIE Companies agreed that during the period beginning on the initial date of their services with Jinong, and ending five (5) years after termination of their services with Jinong, without Jinong’s prior written consent, they will not provide services or accept positions including but not limited to partners, directors, shareholders, managers, proxies or consultants, provided by any profit making organizations with businesses that may compete with Jinong. They will not solicit or interfere with any of the Jinong’s customers, or solicit, induce, recruit or encourage any person engaged or employed by Jinong to terminate his or her service or engagement. In the event that the shareholders of the VIE Companies breach the non-compete obligations contained therein, Jinong is entitled to all loss and damages; in the event that the damages are difficult to determine, remedies bore the shareholders of the VIE Companies shall be no less than 50% of the salaries and other expenses Jinong provided in the past. The Company entered into these VIE Agreements as a way for the Company to have more control over the distribution of its products. The transactions are accounted for as business combinations in accordance with ASC 805. A summary of the purchase price allocations at fair value is below: Cash $ 708,737 Accounts receivable 6,422,850 Advances to suppliers 1,803,180 Prepaid expenses and other current assets 807,645 Inventories 7,787,043 Machinery and equipment 140,868 Intangible assets 270,900 Other assets 3,404,741 Goodwill 3,158,179 Accounts payable (3,962,670 ) Customer deposits (3,486,150 ) Accrued expenses and other payables (4,653,324 ) Taxes payable (16,912 ) Purchase price $ 12,385,087 A summary of the purchase consideration paid for the VIE Companies is below: Cash $ 5,568,500 Convertible notes 6,671,769 Derivative liability 144,818 $ 12,385,087 The cash component of the purchase price for these acquisitions was paid in September 2016.

Basis of Presentation and Sum22

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Sep. 30, 2016
Basis of Presentation and Summary of Significant Accounting Policies [Abstract]
Principle of consolidation	Principle of consolidation The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, Green New Jersey, Jinong, Gufeng, Tianjuyuan, Yuxing and the VIE Companies. All significant inter-company accounts and transactions have been eliminated in consolidation.
VIE assessment	VIE assessment A VIE is an entity (1) that has total equity at risk that is not sufficient to finance its activities without additional subordinated financial support from other entities, (2) where the group of equity holders does not have the power to direct the activities of the entity that most significantly impact the entity’s economic performance, or the obligation to absorb the entity’s expected losses or the right to receive the entity’s expected residual returns, or both, or (3) where the voting rights of some investors are not proportional to their obligations to absorb the expected losses of the entity, their rights to receive the expected residual returns of the entity, or both, and substantially all of the entity’s activities either involve or are conducted on behalf of an investor that has disproportionately few voting rights. In order to determine if an entity is considered a VIE, the Company first perform a qualitative analysis, which requires certain subjective decisions regarding its assessments, including, but not limited to, the design of the entity, the variability that the entity was designed to create and pass along to its interest holders, the rights of the parties, and the purpose of the arrangement. If the Company cannot conclude after a qualitative analysis whether an entity is a VIE, it performs a quantitative analysis. The qualitative analysis considered the design of the entity, the risks that cause variability, the purpose for which the entity was created, and the variability that the entity was designed to pass along to its variable interest holders. When the primary beneficiary could not be identified through a qualitative analysis, we used internal cash flow models to compute and allocate expected losses or expected residual returns to each variable interest holder based upon the relative contractual rights and preferences of each interest holder in the VIE’s capital structure.
Use of estimates	Use of estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America 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 consolidated financial statements and the amount of revenues and expenses during the reporting periods. Management makes these estimates using the best information available at the time the estimates are made. However, actual results could differ materially from those results.
Cash and cash equivalents and concentration of cash	Cash and cash equivalents and concentration of cash For statement of cash flows purposes, the Company considers all cash on hand and in banks, certificates of deposit with state owned banks in the Peoples Republic of China (“PRC”) and banks in the United States, and other highly-liquid investments with maturities of three months or less, when purchased, to be cash and cash equivalents. The Company maintains large sums of cash in three major banks in China. The aggregate cash in such accounts and on hand as of September 30,2016 and June 30, 2016 were $108,121,059 and $102,896,486, respectively. The Company had $107,888,999 and $102,728,991 in cash in bank in China, and also had $232,060 and $167,495 in cash in two banks in the United States as of September 30, 2016 and June 30, 2016, respectively. Cash overdraft as of balance sheet date will be reflected as liabilities in the balance sheet. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant risks on its cash in bank accounts.
Accounts receivable	Accounts receivable The Company's policy is to maintain reserves for potential credit losses on accounts receivable. Management regularly reviews the composition of accounts receivable and analyzes customer credit worthiness, current economic trends and changes in customer payment patterns to evaluate the adequacy of these reserves at each year-end. Accounts considered uncollectible are written off through a charge to the valuation allowance. As of September 30, 2016 and June 30, 2016, the Company had accounts receivable of $116,563,778 and $117,055,376, net of allowance for doubtful accounts of $3,006,879 and $397,123, respectively. The Company adopts no policy to accept product returns post to the sales delivery.
Inventories	Inventories Inventory is valued at the lower of cost (determined on a weighted average basis) or market. Inventories consist of raw materials, work in process, finished goods and packaging materials. The Company reviews its inventories regularly for possible obsolete goods and establishes reserves when determined necessary.
Deferred asset	Deferred asset Deferred assets represent amounts that the distributors owed to the Company in their marketing efforts and developing standard stores to expand the Company’s products’ competitiveness and market shares. The amount owed to the Company to assist its distributors will be expensed over three years which is the term as stated in the cooperation agreement, as long as the distributors are actively selling the Company’s products. For the three months ended September 30, 2016 and 2015, the Company amortized $7,274,334 and $9,712,715, respectively, of the deferred assets. If a distributor breaches, defaults, or terminates the agreement with the Company within the three-year period, the outstanding unamortized portion of the amount owed will become payable to the Company immediately. The Company’s Chairman, Mr. Li, guaranteed to the Company of amounts remaining unpaid due from distributors. The deferred assets consist of items inside the distributors’ stores such as furniture, racks, cabinets, and display units, and items outside or attached to the distributors’ stores such as signage and billboards. These types of assets would be capitalized as fixed assets if the Company actually owned the stores or utilized the assets for its own operations. These assets would also be capitalized as leasehold improvements if the Company leased these stores from the distributors. Therefore, the Company believes that under the U.S. generally accepted accounting principles, these types of assets purchases are properly capitalized. In addition, the Company believes that these assets are properly classified as deferred assets because if a distributor breaches, defaults, or terminates the agreement with the Company within a three-year period, a proportionate amount expended by the Company is to be repaid by the distributor. The Chairman of the Board of directors of the Company guaranteed to the Company of amounts remaining unpaid due from distributors. The assets inside the distributors’ stores are custom made to fit the layout of each individual store and the signage and billboards are also custom designed to fit the specific location. The assets were purchased by the Company directly from the manufacturers and installed in the distributors’ stores. The Company wants to maintain control over the quality of the items being purchased as well as making them uniform among all the distributor locations.
Intangible Assets	Intangible Assets The Company records intangible assets acquired individually or as part of a group at fair value. Intangible assets with definitive lives are amortized over the useful life of the intangible asset, which is the period over which the asset is expected to contribute directly or indirectly to the entity’s future cash flows. The Company evaluates intangible assets for impairment at least annually and more often whenever events or changes in circumstances indicate that the carrying value may not be recoverable. Whenever any such impairment exists, an impairment loss will be recognized for the amount by which the carrying value exceeds the fair value.
Customer deposits	Customer deposits Payments received before all of the relevant criteria for revenue recognition are satisfied are recorded as customer deposits. When all revenue recognition criteria are met, the customer deposits are recognized as revenue. As of September 30, 2016 and June 30, 2016, the Company had customer deposits of $4,420,357 and $8,578,341, respectively.
Earnings per share	Earnings per share Basic earnings per share is computed based on the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share is computed based on the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding stock options and stock awards. The components of basic and diluted earnings per share consist of the following: Three Months Ended 2016 2015 Net Income for Basic Earnings Per Share $ 7,351,580 $ 7,245,672 Basic Weighted Average Number of Shares 37,648,605 35,939,049 Net Income Per Share – Basic $ 0.20 $ 0.20 Net Income for Diluted Earnings Per Share $ 7,351,580 $ 7,245,672 Diluted Weighted Average Number of Shares 37,648,605 35,939,049 Net Income Per Share – Diluted $ 0.20 $ 0.20
Recent accounting pronouncements	Recent accounting pronouncements In November 2015, the FASB issued ASU No. 2015-17, Balance Sheet Classification of Deferred Taxes In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) Leases (FAS 13) In March 2016, the FASB issued ASU 2016-09, Improvements to Employee Share Based Payment Accounting In April 2016, the FASB issued ASU 2016-10, “Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing” (“ASU 2016-10”), which clarifies the following two aspects of Topic 606: (a) identifying performance obligations; and (b) the licensing implementation guidance. The amendments do not change the core principle of the guidance in Topic 606. The new guidance is effective for annual periods beginning after December 15, 2017, including interim periods within those annual periods, which will be our interim period beginning January 1, 2018. Early adoption is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods with that reporting period. The Company is currently evaluating the impact of adopting this standard on its consolidated financial statements. In May 2016, the FASB issued ASU 2016-11, “Revenue Recognition (Topic 605) and Derivatives and Hedging (Topic 815): Rescission of SEC Guidance Because of Accounting Standards Updates 2014-09 and 2014-06 Pursuant to Staff Announcements at the March 3, 2016 EITF Meeting” (“ASU 2016-11”), which clarifies revenue and expense recognition for freight costs, accounting for shipping and handling fees and costs, and accounting for consideration given by a vendor to a customer. The new guidance is effective for annual periods beginning after December 15, 2017, including interim periods within those annual periods, which will be our interim period beginning January 1, 2018. Early adoption is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods with that reporting period. The Company is currently evaluating the impact of adopting this standard on its consolidated financial statements. In May 2016, the FASB issued ASU 2016-12, “Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients” (“ASU 2016-12”), which amends the guidance in the new revenue standard on collectability, noncash consideration, presentation of sales tax, and transition. The amendments are intended to address implementation issues and provide additional practical expedients to reduce the cost and complexity of applying the new revenue standard. The new guidance is effective for annual periods beginning after December 15, 2017, including interim periods within those annual periods, which will be our interim period beginning January 1, 2018. Early adoption is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods with that reporting period. The Company is currently evaluating the impact of adopting this standard on its consolidated financial statements. In August 2016, the FASB issued ASU 2016-15, regarding ASC Topic 230 "Statement of Cash Flows." This update addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice. The new guidance is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early adoption is permitted. The Company does not expect the adoption of this standard to have a significant effect on our consolidated financial statements. Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company's present or future financial statements.

Basis of Presentation and Sum23

Basis of Presentation and Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Sep. 30, 2016
Basis of Presentation and Summary of Significant Accounting Policies [Abstract]
Components of basic and diluted earnings per share	Three Months Ended 2016 2015 Net Income for Basic Earnings Per Share $ 7,351,580 $ 7,245,672 Basic Weighted Average Number of Shares 37,648,605 35,939,049 Net Income Per Share – Basic $ 0.20 $ 0.20 Net Income for Diluted Earnings Per Share $ 7,351,580 $ 7,245,672 Diluted Weighted Average Number of Shares 37,648,605 35,939,049 Net Income Per Share – Diluted $ 0.20 $ 0.20

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Sep. 30, 2016
Inventories [Abstract]
Schedule of inventories	September 30, June 30, 2016 2016 Raw materials $ 24,760,202 $ 29,926,762 Supplies and packing materials $ 433,560 $ 444,373 Work in progress $ 419,900 $ 408,820 Finished goods $ 53,446,114 $ 56,656,360 Total $ 79,059,776 $ 87,436,315

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	3 Months Ended
	Sep. 30, 2016
Property, Plant and Equipment [Abstract]
Schedule of property, plant and equipment	September 30, June 30, 2016 2016 Building and improvements $ 42,304,556 $ 42,489,975 Auto 942,112 937,642 Machinery and equipment 18,937,367 19,015,420 Agriculture assets 763,031 765,983 Total property, plant and equipment 62,947,066 63,209,020 Less: accumulated depreciation (26,364,157 ) (25,639,281 ) Total $ 36,582,909 $ 37,569,739

Intangible Assets (Tables)

Intangible Assets (Tables)	3 Months Ended
	Sep. 30, 2016
Schedule of impaired intangible assets	September 30, June 30, 2016 2016 Land use rights, net $ 10,280,980 $ 10,381,215 Technology patent, net 4,332 0 Customer relationships, net 6,060,389 6,403,343 Non-compete agreement 876,005 925,678 Trademarks 6,101,744 6,129,812 Total $ 23,323,450 $ 23,840,048
Schedule of finite-lived intangible assets, future amortization expense	Years Ending September 30, Expense ($) 2017 1,701,947 2018 1,701,947 2019 1,701,947 2020 1,701,947 2021 1,412,222
LAND USE RIGHT [Member]
Schedule of impaired intangible assets	September 30, June 30, 2016 2016 Land use rights $ 12,220,870 $ 12,268,150 Less: accumulated amortization (1,939,890 ) (1,886,935 ) Total land use rights, net $ 10,280,980 $ 10,381,215
TECHNOLOGY PATENT [Member]
Schedule of impaired intangible assets	September 30, June 30, 2016 2016 Technology know-how $ 2,264,499 $ 2,273,260 Less: accumulated amortization (2,260,167 ) (2,268,798 ) Total technology know-how, net $ 4,332 $ 4,462
CUSTOMER RELATIONSHIP [Member]
Schedule of impaired intangible assets	September 30, June 30, 2016 2016 Customer relationships $ 12,209,864 $ 12,257,100 Less: accumulated amortization (6,149,475 ) (5,853,757 ) Total customer relationships, net $ 6,060,389 $ 6,403,343
NON-COMPETE AGREEMENT [Member]
Schedule of impaired intangible assets	September 30, June 30, 2016 2016 Non-compete agreement $ 1,120,005 $ 1,124,338 Less: accumulated amortization (244,000 ) (198,660 ) Total non-compete agreement, net $ 876,005 $ 925,678

Accrued Expenses and Other Pa27

Accrued Expenses and Other Payables (Tables)	3 Months Ended
	Sep. 30, 2016
Accrued Expenses and Other Payables [Abstract]
Schedule of accrued expenses and other payables	September 30, June 30, 2016 2016 Payroll payable $ 54,850 $ 58,704 Welfare payable 153,914 154,510 Accrued expenses 4,417,656 4,450,306 Other payables 5,615,399 11,624,653 Other levy payable 125,733 126,219 Total $ 10,367,552 $ 16,414,392

Loan Payables (Tables)

Loan Payables (Tables)	3 Months Ended
	Sep. 30, 2016
Loan Payables [Abstract]
Summary of loan payables	No. Payee Loan period per agreement Interest September 30, 1 Agriculture Bank of China-Pinggu Branch May. 18, 2016 – Mar. 17, 2017 4.87 % $ 1,948,960 2 Agriculture Bank of China-Pinggu Branch Jan. 19, 2016- Jan. 17, 2017 5.00 % 1,199,360 3 Beijing Bank- Pinggu Branch Jul. 28, 2016 – Jul. 28, 2017 5.22 % 1,499,200 Total $ 4,647,520 No. Payee Loan period per agreement Interest June 30, 1 Agriculture Bank of China-Pinggu Branch May. 18, 2016 - Mar. 17, 2017 4.87 % $ 1,956,500 2 Beijing Bank - Pinggu Branch Aug. 11, 2015- Aug. 2, 2016 5.82 % 1,505,000 3 Agriculture Bank of China-Pinggu Branch Jan. 19, 2016 – Jan. 17, 2017 5.00 % 1,204,000 Total $ 4,665,500

Taxes Payable (Tables)

Taxes Payable (Tables)	3 Months Ended
	Sep. 30, 2016
Taxes Payable [Abstract]
Schedule of taxes payable	September 30, June 30, 2016 2016 VAT provision $ (138,599 ) $ 2,218 Income tax payable (304,665 ) 3,445,480 Other levies 667,095 656,520 Total $ 223,831 $ 4,104,218
Schedule of provision for income taxes	September 30, 2016 June 30, Current tax - foreign $ 1,295,248 $ 7,371,967 Deferred tax - - $ 1,295,248 $ 7,371,967
Schedule of effective income tax rate reconciliation	September 30, 2016 China United States 15% - 25% 34% Total Pretax income (loss) $ 8,965,900 (346,122 ) $ 8,619,778 Expected income tax expense (benefit) 2,241,475 25.0 % (117,682 ) 34.0 % 2,123,794 High-tech income benefits on Jinong (593,485 ) (6.6 )% - - (593,485 ) Losses from subsidiaries in which no benefit is recognized (352,742 ) (3.9 )% - - (352,742 ) Change in valuation allowance on deferred tax asset from US tax benefit - 117,682 (34.0 )% 117,681 Actual tax expense $ 1,295,248 14.4 % $ - - % $ 1,295,248 15.0 % September 30, 2015 China United States 15% - 25% 34% Total Pretax income (loss) $ 10,616,945 (1,593,831 ) $ 9,023,114 Expected income tax expense (benefit) 2,654,236 25.0 % (541,903 ) 34.0 % 2,112,333 High-tech income benefits on Jinong (787,682 ) (7.4 )% - - (787,682 ) Losses from subsidiaries in which no benefit is recognized (89,112 ) (0.8 )% - - (89,112 ) Change in valuation allowance on deferred tax asset from US tax benefit - 541,903 (34.0 )% 541,903 Actual tax expense $ 1,777,442 16.7 % $ - - % $ 1,777,442 19.7 %

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	Sep. 30, 2016
Stockholders' Equity [Abstract]
Schedule of compensation-related restricted stock awards	Fair Grant Date Number of Value of Fair Value Shares Shares Per share Outstanding (unvested) at June 30, 2016 588,000 $ 235,264 Granted - - $ - Forfeited - Vested (185,500 ) (143,151 ) Outstanding (unvested) at September 30, 2016 402,500 $ 92,113

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
	Sep. 30, 2016
Segment Reporting [Abstract]
Schedule of segment reporting information, by segment	Three Months Ended 2016 2015 Revenues from unaffiliated customers: Jinong $ 31,427,720 $ 34,707,804 Gufeng 15,809,514 18,234,832 Yuxing 1,355,411 1,241,635 VIEs 13,291,977 0 Consolidated $ 61,884,622 $ 54,184,271 Operating income : Jinong $ 6,379,220 $ 7,955,654 Gufeng 1,085,083 2,609,953 Yuxing 157,030 406,297 VIEs 1,803,480 0 Reconciling item (1) 0 0 Reconciling item (2) 0 (517,360 ) Reconciling item (2)--stock compensation (346,122 ) (1,076,494 ) Consolidated $ 9,078,691 $ 9,378,050 Net income: Jinong $ 5,346,288 $ 6,812,851 Gufeng 716,486 1,620,367 Yuxing 157,080 406,285 VIEs 1,477,848 0 Reconciling item (1) 0 24 Reconciling item (2) (346,122 ) (1,593,855 ) Consolidated $ 7,351,580 $ 7,245,672 Depreciation and Amortization: Jinong $ 6,313,089 $ 9,933,982 Gufeng 627,309 745,595 Yuxing 313,916 343,308 VIEs 126,132 0 Consolidated $ 7,380,446 $ 11,022,885 Interest expense: Jinong 57,373 Gufeng 60,133 429,035 Consolidated $ 117,506 $ 429,035 Capital Expenditure: Jinong $ 1,222 $ 0 Gufeng 4,443 1,787 Yuxing 555 803 VIEs 0 0 Consolidated $ 6,220 $ 2,590 As of September 30, June 30, Identifiable assets: Jinong $ 195,887,186 $ 198,599,977 Gufeng 148,145,160 149,891,328 Yuxing 43,194,663 45,448,157 VIEs 24,984,117 24,675,499 Reconciling item (1) 235,008 170,444 Reconciling item (2) (2,878 ) (2,878 ) Consolidated $ 412,443,256 $ 418,782,527 (1) Reconciling amounts refer to the unallocated assets or expenses of Green New Jersey. (2) Reconciling amounts refer to the unallocated assets or expenses of the Parent Company.

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Sep. 30, 2016
Commitments and Contingencies [Abstract]
Schedule of payments for rent expenses	Years ending September 30, 2017 $ 14,679 2018 1,329 2019 1,329 2020 1,329 2021 1,329

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	3 Months Ended
	Sep. 30, 2016
Variable Interest Entities [Abstract]
Schedule of VIEs consolidated financial statements	September 30, June 30, 2016 2016 ASSETS Current Assets Cash and cash equivalents $ 323,546 $ 1,017,841 Accounts receivable, net 9,088,305 7,050,201 Inventories 26,342,731 26,370,202 Other current assets 1,911,937 1,875,912 Advances to suppliers 1,669,202 4,900,524 Total Current Assets 39,335,721 41,214,680 Plant, Property and Equipment, Net 13,062,719 13,377,817 Other assets 332,976 334,264 Intangible Assets, Net 12,688,274 12,913,776 Goodwill 3,146,008 3,158,179 Total Assets $ 68,565,698 $ 70,998,716 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities Accounts payable $ 4,631,083 $ 3,840,052 Customer deposits 1,334,525 3,486,150 Accrued expenses and other payables 5,067,932 5,580,642 Amount due to related parties 41,340,642 43,478,158 Total Current Liabilities 52,374,182 56,385,002 Stockholders' equity 16,191,516 14,613,714 Total Liabilities and Stockholders' Equity $ 68,565,698 $ 70,998,716 Three Months Ended 2016 2015 Revenue $ 14,647,388 $ 8,406,663 Expenses 13,012,462 6,935,251 Net income $ 1,634,926 $ 1,471,412

Business Combinations (Tables)

Business Combinations (Tables)	3 Months Ended
	Sep. 30, 2016
Business Combinations [Abstract]
Summary of purchase price allocations at fair value	Cash $ 708,737 Accounts receivable 6,422,850 Advances to suppliers 1,803,180 Prepaid expenses and other current assets 807,645 Inventories 7,787,043 Machinery and equipment 140,868 Intangible assets 270,900 Other assets 3,404,741 Goodwill 3,158,179 Accounts payable (3,962,670 ) Customer deposits (3,486,150 ) Accrued expenses and other payables (4,653,324 ) Taxes payable (16,912 ) Purchase price $ 12,385,087
Summary of purchase consideration paid for VIE	Cash $ 5,568,500 Convertible notes 6,671,769 Derivative liability 144,818 $ 12,385,087

Basis of Presentation and Sum35

Basis of Presentation and Summary of Significant Accounting Policies (Details) - USD ($)	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Basis of Presentation and Summary of Significant Accounting Policies [Abstract]
Net Income for Basic Earnings Per Share	$ 7,351,580	$ 7,245,672
Basic Weighted Average Number of Shares	37,648,605	35,939,049
Net Income Per Share - Basic	$ 0.20	$ 0.20
Net Income for Diluted Earnings Per Share	$ 7,351,580	$ 7,245,672
Diluted Weighted Average Number of Shares	37,648,605	35,939,049
Net Income Per Share - Diluted	$ 0.20	$ 0.20

Basis of Presentation and Sum36

Basis of Presentation and Summary of Significant Accounting Policies (Details Textual) - USD ($)	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Jun. 30, 2016
Basis of Presentation and Summary of Significant Accounting Policies (Textual)
Aggregate cash in accounts and on hand	$ 108,121,059		$ 102,896,486
Accounts receivable	116,563,778		117,055,376
Allowance for doubtful accounts	3,006,879		397,123
Amortization of deferred assets	7,274,334	$ 9,712,715
Customer deposits	4,420,357		8,578,341
United States Banks [Member]
Basis of Presentation and Summary of Significant Accounting Policies (Textual)
Deposits in banks	232,060		167,495
China [Member]
Basis of Presentation and Summary of Significant Accounting Policies (Textual)
Deposits in banks	$ 107,888,999		$ 102,728,991

Inventories (Details)

Inventories (Details) - USD ($)	Sep. 30, 2016	Jun. 30, 2016
Inventories [Abstract]
Raw materials	$ 24,760,202	$ 29,926,762
Supplies and packing materials	433,560	444,373
Work in progress	419,900	408,820
Finished goods	53,446,114	56,656,360
Total	$ 79,059,776	$ 87,436,315

Property, Plant and Equipment38

Property, Plant and Equipment (Details) - USD ($)	Sep. 30, 2016	Jun. 30, 2016
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	$ 62,947,066	$ 63,209,020
Less: accumulated depreciation	(26,364,157)	(25,639,281)
Total	36,582,909	37,569,739
Building and improvements [Member]
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	42,304,556	42,489,975
Auto [Member]
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	942,112	937,642
Machinery and equipment [Member]
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	18,937,367	19,015,420
Agriculture assets [Member]
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	$ 763,031	$ 765,983

Intangible Assets (Details)

Intangible Assets (Details) - USD ($)	Sep. 30, 2016	Jun. 30, 2016
Finite-Lived Intangible Assets [Line Items]
Intangible assets	$ 23,323,450	$ 23,840,048
Land use rights, net [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets	10,280,980	10,381,215
Technology patent, net [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets	4,332	0
Customer relationships, net [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets	6,060,389	6,403,343
Non-compete agreement [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets	876,005	925,678
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets	$ 6,101,744	$ 6,129,812

Intangible Assets (Details 1)

Intangible Assets (Details 1) - Land use right [Member] - USD ($)	Sep. 30, 2016	Jun. 30, 2016
Finite-Lived Intangible Assets [Line Items]
Land use rights	$ 12,220,870	$ 12,268,150
Less: accumulated amortization	(1,939,890)	(1,886,935)
Total land use rights, net	$ 10,280,980	$ 10,381,215

Intangible Assets (Details 2)

Intangible Assets (Details 2) - Technology Patent [Member] - USD ($)	Sep. 30, 2016	Jun. 30, 2016
Finite-Lived Intangible Assets [Line Items]
Technology know-how	$ 2,264,499	$ 2,268,798
Less: accumulated amortization	(2,260,167)	(2,268,798)
Total technology know-how, net	$ 4,332	$ 4,462

Intangible Assets (Details 3)

Intangible Assets (Details 3) - Customer Relationship [Member] - USD ($)	Sep. 30, 2016	Jun. 30, 2016
Finite-Lived Intangible Assets [Line Items]
Customer relationships	$ 12,209,864	$ 12,257,101
Less: accumulated amortization	(6,149,475)	(5,853,758)
Total customer relationships, net	$ 6,060,389	$ 6,403,343

Intangible Assets (Details 4)

Intangible Assets (Details 4) - Non-compete agreement [Member] - USD ($)	Sep. 30, 2016	Jun. 30, 2016
Finite-Lived Intangible Assets [Line Items]
Non-compete agreement	$ 1,120,005	$ 1,124,338
Less: accumulated amortization	(244,000)	(198,660)
Total non-compete agreement, net	$ 876,005	$ 925,678

Intangible Assets (Details 5)

Intangible Assets (Details 5)	Sep. 30, 2016USD ($)
Intangible Assets [Abstract]
2,017	$ 1,701,947
2,018	1,701,947
2,019	1,701,947
2,020	1,701,947
2,021	$ 1,412,222

Intangible Assets (Details Text

Intangible Assets (Details Textual)	Jul. 02, 2010USD ($)	Sep. 25, 2009USD ($)a	Aug. 13, 2003USD ($)a	Aug. 16, 2001USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2016CNY (¥)	Jul. 02, 2010CNY (¥)	Sep. 25, 2009CNY (¥)a	Aug. 13, 2003CNY (¥)a	Aug. 16, 2001CNY (¥)
Land use rights, net [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible asets land use right		88	11					88	11
Fair value of intangible assets		$ 10,970,416	$ 156,788	$ 1,092,036				¥ 73,184,895	¥ 1,045,950	¥ 7,285,099
Amortization period of intangible assets		50 years	50 years	50 years
Technology Patent [Member]
Finite-Lived Intangible Assets [Line Items]
Fair value of intangible assets	$ 1,379,080			$ 880,673			¥ 9,200,000			¥ 5,875,068
Amortization period of intangible assets				10 years
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Fair value of intangible assets	$ 9,743,500				$ 2,469,180	¥ 16,472,179	65,000,000
Amortization period of intangible assets	10 years
Amortization period of intangible assets,description					Seven to ten years.
Non-compete agreement [Member]
Finite-Lived Intangible Assets [Line Items]
Fair value of intangible assets	$ 197,868				$ 921,987	¥ 6,150,683	1,320,000
Amortization period of intangible assets	5 years				5 years
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Fair value of intangible assets	$ 6,100,930						¥ 40,700,000

Accrued Expenses and Other Pa46

Accrued Expenses and Other Payables (Details) - USD ($)	Sep. 30, 2016	Jun. 30, 2016
Accrued Expenses and Other Payables [Abstract]
Payroll payable	$ 54,850	$ 58,704
Welfare payable	153,914	154,510
Accrued expenses	4,417,656	4,450,306
Other payables	5,615,399	11,624,653
Other levy payable	125,733	126,219
Total	$ 10,439,829	$ 16,414,392

Amount Due to Related Parties (

Amount Due to Related Parties (Details)	1 Months Ended		3 Months Ended
	Jun. 29, 2016USD ($)m²	Jun. 29, 2016CNY (¥)m²	Sep. 30, 2016USD ($)	Sep. 30, 2016CNY (¥)	Jun. 30, 2016USD ($)
Operating Leased Assets [Line Items]
Amount due to related parties			$ 2,768,825		$ 2,473,004
Revenue from related parties			694,259
Other payable			1.680642
900LH.com [Member]
Operating Leased Assets [Line Items]
Amount due to related parties					48,518
Total contracted value of sales agreement			3,822,450	¥ 25,500,000
Mr Rujun Mo [Member]
Operating Leased Assets [Line Items]
Bank loan			299,800		301,000
Personal loan			314,790		316,050
Deposit			269,820		270,900
Gufeng [Member] | 900LH.com [Member]
Operating Leased Assets [Line Items]
Amount due to related parties					7,738
Gufeng [Member] | 900nong [Member]
Operating Leased Assets [Line Items]
Amount due to related parties					454,534
Xinyulei [Member]
Operating Leased Assets [Line Items]
Variable interest entity owned			191,140
Xinyulei [Member] | 900LH.com [Member]
Operating Leased Assets [Line Items]
Amount due to related parties					15,050
Subsidiary Jinong 900LH.com [Member]
Operating Leased Assets [Line Items]
Business combination consideration			42,259
Subsidiary Gufeng 900LH.com [Member]
Operating Leased Assets [Line Items]
Business combination consideration			6,064
Subsidiary Gufeng 900nong.com [Member]
Operating Leased Assets [Line Items]
Business combination consideration			452,722
Jinong [Member] | 900LH.com [Member]
Operating Leased Assets [Line Items]
Amount due to related parties					43,737
Jinong [Member] | 900nong [Member]
Operating Leased Assets [Line Items]
Amount due to related parties					13,518
Xi'an Techteam Science & Technology Industry (Group) Co. Ltd. [Member] | Gufeng [Member]
Operating Leased Assets [Line Items]
Amount due to related parties			$ 1,088,183		$ 1,092,243
Kingtone Information Technology Co., Ltd. [Member]
Operating Leased Assets [Line Items]
Ground lease | m²	612	612
Monthly rental expenses	$ 4,000	¥ 26,684

Loan Payables (Details)

Loan Payables (Details) - USD ($)	3 Months Ended	12 Months Ended
	Sep. 30, 2016	Jun. 30, 2016
Short-term Debt [Line Items]
Short term loans payables	$ 4,647,520	$ 4,665,500
Agriculture Bank of China-Pinggu Branch [Member]
Short-term Debt [Line Items]
Loan period per agreement, Start	May 18, 2016	May 18, 2016
Loan period per agreement, End	Mar. 17, 2017	Mar. 17, 2017
Interest Rate	4.87%	4.87%
Short term loans payables	$ 1,948,960	$ 1,956,500
Agriculture Bank of China-Pinggu Branch 1 [Member]
Short-term Debt [Line Items]
Loan period per agreement, Start	Jan. 19, 2016	Aug. 11, 2015
Loan period per agreement, End	Jan. 17, 2017	Aug. 2, 2016
Interest Rate	5.00%	5.82%
Short term loans payables	$ 1,199,360	$ 1,505,000
Beijing Bank - Pinggu Branch [Member]
Short-term Debt [Line Items]
Loan period per agreement, Start	Jul. 28, 2016	Jan. 19, 2016
Loan period per agreement, End	Jul. 28, 2017	Jan. 17, 2017
Interest Rate	5.22%	5.00%
Short term loans payables	$ 1,499,200	$ 1,204,000

Loan Payables (Details Textual)

Loan Payables (Details Textual)	1 Months Ended		3 Months Ended			12 Months Ended
	Jul. 31, 2016USD ($)	Jul. 31, 2016CNY (¥)	Sep. 30, 2016USD ($)	Sep. 30, 2016CNY (¥)	Sep. 30, 2015USD ($)	Jun. 30, 2016
Debt Instrument [Line Items]
Interest expense			$ 138,545		$ 429,035
Loan Payables [Member] | Gufeng
Debt Instrument [Line Items]
Repayments of bank loan	$ 1,499,200	¥ 10,000,000
Borrowings from bank loan			$ 1,499,200	¥ 10,000,000
Loan Payables [Member] | Minimum [Member]
Debt Instrument [Line Items]
Loans payable, interest rates			4.87%	4.87%		4.87%
Loans payable, maturity date			Jan. 19, 2016	Jan. 19, 2016		May 18, 2016
Loan Payables [Member] | Maximum [Member]
Debt Instrument [Line Items]
Loans payable, interest rates			5.22%	5.22%		5.82%
Loans payable, maturity date			Jul. 28, 2017	Jul. 28, 2017		Mar. 17, 2017

Convertible Notes Payable (Deta

Convertible Notes Payable (Details)	3 Months Ended
	Sep. 30, 2016USD ($)	Sep. 30, 2016CNY (¥)	Jun. 30, 2016USD ($)	Jun. 30, 2016CNY (¥)
Convertible Notes Payable (Textual)
Convertible notes payable, term	3 years
Aggregate amount of convertible notes payable	$ 7,675,500	¥ 51,000,000
Fair value of convertible notes payable	$ 6,723,982	¥ 44,850,466	$ 6,671,769	¥ 44,330,692
Debt conversion annual interest rate	3.00%
Debt conversion description	The per share conversion price of the notes is the higher of the following: (i) $5.00 per share or (ii) 75% of the closing price of the Company's common stock on the date the noteholder delivers the conversion notice.
Interest expense	$ 519,774

Taxes Payable (Details)

Taxes Payable (Details) - USD ($)	Sep. 30, 2016	Jun. 30, 2016
Taxes Payable [Abstract]
VAT provision	$ (138,599)	$ 2,218
Income tax payable	(304,665)	3,445,480
Other levies	667,095	656,520
Total	$ 552,552	$ 4,104,218

Taxes Payable (Details 1)

Taxes Payable (Details 1) - USD ($)	3 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Jun. 30, 2016
Taxes Payable [Abstract]
Current tax - foreign	$ 1,295,248		$ 7,371,967
Deferred tax
Income Tax Expense (Benefit)	$ 1,624,131	$ 1,777,442	$ 7,371,967

Taxes Payable (Details 2)

Taxes Payable (Details 2) - USD ($)	3 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Jun. 30, 2016
Taxes Payable [Line Items]
Pretax income (loss)	$ 8,975,711	$ 9,023,114
Expected income tax expense (benefit)	2,123,794	2,112,333
High-tech income benefits on Jinong	(593,485)	(787,682)
Losses from subsidiaries in which no benefit is recognized	(352,742)	(89,112)
Change in valuation allowance on deferred tax asset from US tax benefit	117,681	541,903
Actual tax expense	$ 1,624,131	$ 1,777,442	$ 7,371,967
Actual tax expense, Percentage	15.00%	19.70%
China15% - 25% [Member]
Taxes Payable [Line Items]
Pretax income (loss)	$ 8,965,900	$ 10,616,945
Expected income tax expense (benefit)	2,241,475	2,654,236
High-tech income benefits on Jinong	(593,485)	(787,682)
Losses from subsidiaries in which no benefit is recognized	(352,742)	(89,112)
Change in valuation allowance on deferred tax asset from US tax benefit
Actual tax expense	$ 1,295,248	$ 1,777,442
Expected income tax expense (benefit), Percentage	25.00%	25.00%
High-tech income benefits on Jinong, Percentage	(6.60%)	(7.40%)
Losses from subsidiaries in which no benefit is recognized, Percentage	(3.90%)	(0.80%)
Change in valuation allowance on deferred tax asset from US tax benefit, Percentage
Actual tax expense, Percentage	14.40%	16.70%
China15% - 25% [Member] | Minimum [Member]
Taxes Payable [Line Items]
Actual tax expense, Percentage	15.00%	15.00%
China15% - 25% [Member] | Maximum [Member]
Taxes Payable [Line Items]
Actual tax expense, Percentage	25.00%	25.00%
United States 34% [Member]
Taxes Payable [Line Items]
Pretax income (loss)	$ (346,122)	$ (1,593,831)
Expected income tax expense (benefit)	(117,682)	(541,903)
High-tech income benefits on Jinong
Losses from subsidiaries in which no benefit is recognized
Change in valuation allowance on deferred tax asset from US tax benefit	117,682	541,903
Actual tax expense
Expected income tax expense (benefit), Percentage	34.00%	34.00%
High-tech income benefits on Jinong, Percentage
Losses from subsidiaries in which no benefit is recognized, Percentage
Change in valuation allowance on deferred tax asset from US tax benefit, Percentage	(34.00%)	(34.00%)
Actual tax expense, Percentage

Taxes Payable (Details Textual)

Taxes Payable (Details Textual) - USD ($)	1 Months Ended	3 Months Ended		12 Months Ended
	Jan. 31, 2008	Sep. 30, 2016	Sep. 30, 2015	Jun. 30, 2016
Taxes Payable (Textual)
Income tax expense (benefit)		$ 1,624,131	$ 1,777,442	$ 7,371,967
Value added tax rate		13.00%
Effective income tax rate reconciliation, percentage		15.00%	19.70%
Effective income tax rate reconciliation, federal		34.00%	34.00%
Enterprise Income Tax [Member]
Taxes Payable (Textual)
New enterprise income tax rate	25.00%
Existing enterprise income tax rate	33.00%
Income tax rate reconciliation tax holidays	50.00%
High tech income tax rate	15.00%
Enterprise Income Tax [Member] | Jinong [Member]
Taxes Payable (Textual)
Income tax expense (benefit)		$ 987,512	$ 1,220,708
Enterprise Income Tax [Member] | Gufeng [Member]
Taxes Payable (Textual)
Income tax expense (benefit)		$ 307,735	$ 556,733
Effective income tax rate reconciliation, percentage		25.00%

Stockholders' Equity (Details)

Stockholders' Equity (Details) - Restricted Stock [Member]	3 Months Ended
	Sep. 30, 2016USD ($)$ / sharesshares
Number of Shares, Outstanding (unvested)	588,000
Number of Shares, Granted
Number of Shares, Forfeited
Number of Shares, Vested	(185,500)
Number of Shares, Outstanding (unvested)	402,500
Fair Value of Shares, Outstanding (unvested) | $	$ 235,264
Fair Value of Shares, Granted | $
Fair Value of Shares, Vested | $	(143,151)
Fair Value of Shares, Outstanding (unvested) | $	$ 92,113
Grant Date Fair Value Per share, Granted | $ / shares

Stockholders' Equity (Details T

Stockholders' Equity (Details Textual) - USD ($)	Jun. 26, 2016	Sep. 30, 2014	Sep. 28, 2015	Sep. 30, 2016	Jun. 30, 2016
Stockholders' Equity (Textual)
Preferred stock, shares authorized				20,000,000	20,000,000
Preferred stock, par value				$ 0.001	$ 0.001
Unamortized compensation expense				$ 92,113
Preferred stock, shares issued				0	0
Preferred stock, shares outstanding				0	0
2009 Plan [Member]
Stockholders' Equity (Textual)
Restricted stock		1,750,000
Restricted stock, value		$ 3,675,000
Vesting period, description		The stock grants are subject to time-based vesting schedules, vesting in various installments until March 31, 2015 for the CFO and the three independent directors, until June 30, 2015 for the CEO and until December 31, 2016 for the employees.
Mr Tao Li [Member] | 2009 Plan [Member]
Stockholders' Equity (Textual)
Restricted stock		240,000
Mr Ken Ren [Member] | 2009 Plan [Member]
Stockholders' Equity (Textual)
Restricted stock		100,000
Mr Yizhao Zhang [Member] | 2009 Plan [Member]
Stockholders' Equity (Textual)
Restricted stock		40,000
Ms Yiru Shi [Member] | 2009 Plan [Member]
Stockholders' Equity (Textual)
Restricted stock		30,000
Mr Lianfu Liu [Member] | 2009 Plan [Member]
Stockholders' Equity (Textual)
Restricted stock		20,000
Key employees [Member] | 2009 Plan [Member]
Stockholders' Equity (Textual)
Restricted stock	670,000	1,320,000	1,000,000
Restricted stock, value	$ 897,800		$ 1,660,000
Vesting period, description	The stock grants vest immediately.		The stock grants are subject to time-based vesting schedules, vesting in various installments until June 30, 2016.

Concentrations (Details)

Concentrations (Details)	3 Months Ended
	Sep. 30, 2016USD ($)Vendors	Sep. 30, 2015USD ($)VendorsCustomer
Supplier Concentration Risk [Member]
Concentrations and Litigation (Textual)
Number of vendors | Vendors	2	2
Total purchase amount | $	$ 5,502,130	$ 19,034,614
Supplier Concentration Risk [Member] | Vendor One [Member]
Concentrations and Litigation (Textual)
Concentration risk percentage	17.90%	23.20%
Supplier Concentration Risk [Member] | Vendor Two [Member]
Concentrations and Litigation (Textual)
Concentration risk percentage	12.40%	22.50%
Customer Concentration Risk [Member] | Sales Revenue, Net [Member]
Concentrations and Litigation (Textual)
Concentration risk percentage	10.00%	26.00%
Number of customer | Customer		1

Segment Reporting (Details)

Segment Reporting (Details) - USD ($)		3 Months Ended
		Sep. 30, 2016	Sep. 30, 2015	Jun. 30, 2016
Schedule of segment reporting information, by segment
Revenues from unaffiliated customers		$ 61,884,622	$ 54,184,271
Operating income		9,078,691	9,378,050
Stock compensation		(143,151)	(1,122,228)
Net income		7,351,580	7,245,672
Depreciation and Amortization		7,380,446	11,022,885
Interest expense		138,545	429,035
Capital Expenditure		6,220	2,590
Identifiable assets		412,443,256		$ 418,782,527
Jinong [Member]
Schedule of segment reporting information, by segment
Revenues from unaffiliated customers		31,427,720	34,707,804
Operating income		6,379,220	7,955,654
Net income		5,346,288	6,812,851
Depreciation and Amortization		6,313,089	9,933,982
Interest expense		57,373
Capital Expenditure		1,222	0
Identifiable assets		195,887,186		198,599,977
Gufeng [Member]
Schedule of segment reporting information, by segment
Revenues from unaffiliated customers		15,809,514	18,234,832
Operating income		1,085,083	2,609,953
Net income		716,486	1,620,367
Depreciation and Amortization		627,309	745,595
Interest expense		60,133	429,035
Capital Expenditure		4,443	1,787
Identifiable assets		148,145,160		149,891,328
Yuxing [Member]
Schedule of segment reporting information, by segment
Revenues from unaffiliated customers		1,355,411	1,241,635
Operating income		157,030	406,297
Net income		157,080	406,285
Depreciation and Amortization		313,916	343,308
Capital Expenditure		555	803
Identifiable assets		43,194,663		45,448,157
VIEs [Member]
Schedule of segment reporting information, by segment
Revenues from unaffiliated customers		13,291,977	0
Operating income		1,803,480	0
Net income		1,477,848	0
Depreciation and Amortization		126,132	0
Capital Expenditure		0	0
Identifiable assets		24,984,117		24,675,499
Green New Jersey [Member] | Segment Reconciling Items [Member]
Schedule of segment reporting information, by segment
Operating income	[1]	0	0
Net income	[1]	0	24
Identifiable assets	[1]	235,008		170,444
Parent Company [Member] | Segment Reconciling Items [Member]
Schedule of segment reporting information, by segment
Operating income	[2]	0	(517,360)
Stock compensation	[2]	(346,122)	(1,076,494)
Net income	[2]	(346,122)	$ (1,593,855)
Identifiable assets	[2]	$ (2,878)		$ (2,878)
[1]	Reconciling amounts refer to the unallocated assets or expenses of Green New Jersey.
[2]	Reconciling amounts refer to the unallocated assets or expenses of the Parent Company.

Segment Reporting (Details Text

Segment Reporting (Details Textual)	12 Months Ended
	Jun. 30, 2016Segments
Segment reporting (Textual)
Number of business segments	3
Number of operating segments	4

Commitments and Contingencies60

Commitments and Contingencies (Details)	Sep. 30, 2016USD ($)
Commitments and Contingencies [Abstract]
2,017	$ 14,679
2,018	1,329
2,019	1,329
2,020	1,329
2,021	$ 1,329

Commitments and Contingencies61

Commitments and Contingencies (Details Textual)	1 Months Ended						3 Months Ended
	Jun. 29, 2016USD ($)ft²	Jun. 29, 2016CNY (¥)ft²	Jan. 31, 2008USD ($)	Jan. 31, 2008CNY (¥)	Feb. 29, 2004USD ($)	Feb. 29, 2004CNY (¥)	Sep. 30, 2016USD ($)	Sep. 30, 2015USD ($)
Commitments and Contingencies (Textual)
Monthly rent | $							$ 14,679	$ 1,440
Xi'an Jinong Hi-tech Agriculture Demonstration Zone [Member]
Commitments and Contingencies (Textual)
Monthly rent			$ 780	¥ 5,200
Lease term			10 years	10 years
Dong Gao [Member]
Commitments and Contingencies (Textual)
Monthly rent					$ 443	¥ 2,958
Lease term					50 years	50 years
Zhen Nan Zhang Dai [Member]
Commitments and Contingencies (Textual)
Monthly rent					$ 443	¥ 2,958
Lease term					50 years	50 years
Kingtone Information [Member]
Commitments and Contingencies (Textual)
Monthly rent	$ 3,670	¥ 24,480
Lease term	2 years	2 years
Description of Lease	Pursuant to the lease, Jinong rented 612 square meters (approximately 6,588 square feet) of office space from Kingtone Information.	Pursuant to the lease, Jinong rented 612 square meters (approximately 6,588 square feet) of office space from Kingtone Information.
Pursuant to lease in square feet | ft²	6,588	6,588

Variable Interest Entities (Det

Variable Interest Entities (Details) - USD ($)	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Current Assets
Cash and cash equivalents	$ 108,121,059	$ 94,360,932	$ 102,896,486	$ 92,982,564
Accounts receivable, net	116,563,778		117,055,376
Inventories	79,059,776		87,436,315
Advances to suppliers	31,252,930		26,863,959
Total Current Assets	336,878,101		335,581,234
Plant, Property and Equipment, Net	36,582,909		37,569,739
Other assets	434,381		379,047
Intangible Assets, Net	23,323,450		23,840,048
Goodwill	7,950,081		7,980,838
Total Assets	412,443,256		418,782,527
Current Liabilities
Accounts payable	5,927,974		5,246,153
Customer deposits	4,420,357		8,578,341
Amount due to related parties	2,768,825		2,473,004
Total Current Liabilities	35,669,918		48,298,195
Stockholders' equity	376,773,338		370,484,332
Total Liabilities and Stockholders' Equity	412,443,256		418,782,527
Revenue	61,884,622	54,184,271
Expenses	14,352,337	14,810,112
Net income	7,351,580	7,245,672
Variable Interest Entity [Member]
Current Assets
Cash and cash equivalents	323,546		1,017,841
Accounts receivable, net	9,088,305		7,050,201
Inventories	26,342,731		26,370,202
Other current assets	1,911,937		1,875,912
Advances to suppliers	1,669,202		4,900,524
Total Current Assets	39,335,721		41,214,680
Plant, Property and Equipment, Net	13,062,719		13,377,817
Other assets	332,976		334,264
Intangible Assets, Net	12,688,274		12,913,776
Goodwill	3,146,008		3,158,179
Total Assets	68,565,698		70,998,716
Current Liabilities
Accounts payable	4,631,083		3,840,052
Customer deposits	1,334,525		3,486,150
Accrued expenses and other payables	5,067,932		5,580,642
Amount due to related parties	41,340,642		43,478,158
Total Current Liabilities	52,374,182		56,385,002
Stockholders' equity	16,191,516		14,613,714
Total Liabilities and Stockholders' Equity	68,565,698		$ 70,998,716
Revenue	14,647,388	8,406,663
Expenses	13,012,462	6,935,251
Net income	$ 1,634,926	$ 1,471,412

Business Combinations (Details)

Business Combinations (Details)	Sep. 30, 2016USD ($)
Business Acquisition [Line Items]
Cash	$ 708,737
Accounts receivable	6,422,850
Advances to suppliers	1,803,180
Prepaid expenses and other current assets	807,645
Inventories	7,787,043
Machinery and equipment	140,868
Intangible assets	270,900
Other assets	3,404,741
Goodwill	3,158,179
Accounts payable	(3,962,670)
Customer deposits	(3,486,150)
Accrued expenses and other payables	(4,653,324)
Taxes payable	(16,912)
Purchase price	$ 12,385,087

Business Combinations (Details

Business Combinations (Details 1) - Variable Interest Entities [Member]	Sep. 30, 2016USD ($)
Business Acquisition [Line Items]
Cash	$ 5,568,500
Convertible notes	6,671,769
Derivative liability	144,818
Total	$ 12,385,087