Enlightify (ENFY) 10-Q 14 Nov 18 2019 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Sep. 30, 2018	Nov. 14, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	China Green Agriculture, Inc.
Entity Central Index Key	857,949
Amendment Flag	false
Trading Symbol	CGA
Current Fiscal Year End Date	--06-30
Document Type	10-Q
Document Period End Date	Sep. 30, 2018
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2,019
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	false
Entity Ex Transition Period	false
Entity Small Business	true
Entity Common Stock, Shares Outstanding		38,896,945

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Sep. 30, 2018	Jun. 30, 2018
Current Assets
Cash and cash equivalents	$ 153,154,657	$ 150,805,639
Accounts receivable, net	136,794,689	174,460,937
Inventories	85,975,555	53,784,814
Prepaid expenses and other current assets	3,791,349	2,945,247
Amount due from related parties	249,087	235,551
Advances to suppliers, net	18,497,101	25,194,463
Total Current Assets	398,462,437	407,426,651
Plant, Property and Equipment, Net	29,028,781	30,894,683
Other Assets	284,016	294,550
Other Non-current Assets	14,821,931	15,885,696
Intangible Assets, Net	19,163,847	20,317,914
Goodwill	7,874,421	8,166,467
Total Assets	469,635,433	482,985,960
Current Liabilities
Accounts payable	22,463,673	27,128,921
Customer deposits	5,785,249	7,251,967
Accrued expenses and other payables	11,029,573	10,207,058
Amount due to related parties	3,232,715	3,271,619
Taxes payable	29,459,231	29,952,206
Short term loans	4,368,000	4,726,300
Interest payable	514,332	462,060
Derivative liability	333	66,143
Total Current Liabilities	76,853,106	83,066,274
Long-term Liabilities
Convertible notes payable	7,210,528	7,371,899
Total Liabilities	84,063,634	90,438,173
Stockholders' Equity
Preferred Stock, $.001 par value, 20,000,000 shares authorized, zero shares issued and outstanding
Common stock, $.001 par value, 115,197,165 shares authorized, 38,896,945 and 38,896,945, shares issued and outstanding as of September 30, 2018 and June 30, 2018, respectively	38,897	38,897
Additional paid-in capital	129,337,035	129,337,035
Statutory reserve	31,580,247	30,947,344
Retained earnings	244,201,627	235,822,726
Accumulated other comprehensive income	(19,586,007)	(3,598,215)
Total Stockholders' Equity	385,571,799	392,547,787
Total Liabilities and Stockholders' Equity	$ 469,635,433	$ 482,985,960

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2018	Jun. 30, 2018
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	38,896,945	38,896,945
Common stock, shares outstanding	38,896,945	38,896,945

Consolidated Statements of Inco

Consolidated Statements of Income and Comprehensive Income (Loss) (Unaudited) - USD ($)	3 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Sales
Net sales	$ 57,954,806	$ 62,128,651
Cost of goods sold
Cost of goods sold	41,485,166	43,185,367
Gross profit	16,469,640	18,943,284
Operating expenses
Selling expenses	3,420,427	5,154,197
Selling expenses - amortization of deferred asset
General and administrative expenses	2,309,359	6,914,802
Total operating expenses	5,729,786	12,068,999
Income from operations	10,739,854	6,874,285
Other income (expense)
Other income (expense)	(38,330)	(7,211)
Interest income	127,383	87,914
Interest expense	(162,686)	(179,575)
Total other income (expense)	(73,633)	(98,872)
Income before income taxes	10,666,221	6,775,413
Provision for income taxes	1,654,416	1,722,655
Net income from continuing operations	9,011,805	5,052,758
Income from discontinued operations, net of income taxes		42,070
Net income	9,011,805	5,094,828
Other comprehensive income (loss)
Foreign currency translation gain (loss)	(15,987,792)	240,218
Comprehensive income (loss)	$ (6,975,987)	$ 5,335,046
Basic weighted average shares outstanding	38,896,945	38,185,277
Basic net earnings per share-from continue operations	$ 0.23	$ 0.13
Basic net earnings per share-from discontinue operations
Diluted weighted average shares outstanding	38,896,945	38,185,277
Diluted net earnings per share-from continue operations	$ 0.23	$ 0.13
Diluted net earnings per share-from discontinue operations
Jinong
Sales
Net sales	$ 22,496,533	$ 26,773,760
Cost of goods sold
Cost of goods sold	11,203,172	13,112,756
Gufeng
Sales
Net sales	17,473,251	18,222,066
Cost of goods sold
Cost of goods sold	15,304,863	15,986,429
Yuxing
Sales
Net sales	2,387,546	1,792,643
Cost of goods sold
Cost of goods sold	2,047,163	1,392,553
VIEs - others
Sales
Net sales	15,597,476	15,340,182
Cost of goods sold
Cost of goods sold	$ 12,929,968	$ 12,693,629

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Cash flows from operating activities
Net income	$ 9,011,805	$ 5,094,828
Income from discontinued operations, net of income taxes		42,070
Income from continued operations, net of income taxes	9,011,805	5,052,758
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation and amortization	1,226,500	1,900,626
Gain (Loss) on disposal of property, plant and equipment	4,451	15,109
Amortization of debt discount	103,219	105,293
Change in fair value of derivative liability	(101,807)	(79,343)
Changes in operating assets
Accounts receivable	31,722,160	37,881,192
Amount due from related parties	(22,165)	(121,120)
Other current assets	1,012,668	1,531,095
Inventories	(34,434,298)	(41,278,460)
Advances to suppliers	5,850,761	5,052,781
Other assets	(1,472,705)	447,190
Changes in operating liabilities
Accounts payable	(3,737,493)	4,461,065
Customer deposits	(1,218,707)	(1,197,303)
Tax payables	(457,945)	(1,973,188)
Accrued expenses and other payables	962,954	237,624
Interest payable	69,442	70,836
Net cash provided by continued operating activities	8,518,839	12,106,155
Net cash provided by (used in) discontinued operation		(10,782)
Net cash provided by operating activities	8,518,839	12,095,373
Cash flows from investing activities
Purchase of plant, property, and equipment	(31,273)	(5,929)
Change in construction in process		(11,280)
Net cash used in investing activities	(31,273)	(17,209)
Cash flows from financing activities
Proceeds from loans		1,802,500
Repayment of loans	(191,056)	(3,156,300)
Net cash used in financing activities	(191,056)	(1,353,800)
Effect of exchange rate change on cash and cash equivalents	(5,947,491)	134,551
Net increase in cash and cash equivalents	2,349,019	10,858,915
Cash and cash equivalents, beginning balance	150,805,639	123,050,548
Cash and cash equivalents, ending balance	153,154,657	133,909,463
Supplement disclosure of cash flow information
Interest expense paid	106,597	725,317
Income taxes paid	$ 2,118,026	$ 3,695,843

Organization and Description of

Organization and Description of Business	3 Months Ended
	Sep. 30, 2018
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 this Report, 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 deemed VIEs: Shaanxi Lishijie Agrochemical Co., Ltd. (“Lishijie”), Songyuan Jinyangguang Sannong Service Co., Ltd. (“Jinyangguang”), Shenqiu County Zhenbai Agriculture Co., Ltd. (“Zhenbai”), Weinan City Linwei District Wangtian Agricultural Materials Co., Ltd. (“Wangtian”), Aksu Xindeguo Agricultural Materials Co., Ltd. (“Xindeguo”), and Xinjiang Xinyulei Eco-agriculture Science and Technology co., Ltd. (“Xinyulei”). On January 1, 2017, 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 two companies that are organized under the laws of the PRC and would be deemed VIEs, Sunwu County Xiangrong Agricultural Materials Co., Ltd. (“Xiangrong”), and Anhui Fengnong Seed Co., Ltd. (“Fengnong”). On November 30, 2017, the Company, through its wholly-owned subsidiary Jinong, discontinued the strategic acquisition agreements and the series of contractual agreements with the shareholders of Zhenbai. Yuxing, Lishijie, Jinyangguang, Wangtian, Xindeguo, Xinyulei, Xiangrong and Fengnong may also collectively be referred to as the “the VIE Companies”; Lishijie, Jinyangguang, Zhenbai, Wangtian, Xindeguo, Xinyulei, Xiangrong and Fengnong may also collectively be referred to as “the sales VIEs” or “the sales VIE companies”. The Company’s corporate structure as of September 30, 2018 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, 2018
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, and the VIE Companies. All significant inter-company accounts and transactions have been eliminated in consolidation. Effective June 16, 2013, Yuxing was converted from being a wholly-owned foreign enterprise 100% owned by Jinong to a domestic enterprise 100% owned one natural person, who is not affiliated to the Company (“Yuxing’s Owner”). Effective the same day, Yuxing’s Owner entered into a series of contractual agreements with Jinong pursuant to which Yuxing became the VIE of Jinong. 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 performs 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, 2018 and June 30, 2018 were $153,154,657 and $150,805,639, respectively. The Company had $153,141,535 and $150,785,737 in cash in banks in China, and $13,122 and $19,902 in cash in two banks in the United States as of September 30, 2018 and June 30, 2018, respectively. Cash overdrafts as of a 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, 2018, and June 30, 2018, the Company had accounts receivable of $136,794,689 and $174,460,937, net of allowance for doubtful accounts of $24,387,808 and $24,551,796, respectively. 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. At September 30, 2018 and 2017, the Company had no reserve for obsolete goods. 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. The Company has not recorded impairment of intangible assets as of September 30, 2018 and 2017 respectively. Customer deposits Payments received before all 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, 2018, and June 30, 2018, the Company had customer deposits of $5,785,249 and $7,251,967, respectively. Earnings per share Basic earnings per share are 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 September 30, 2018 2017 Net Income for Basic Earnings Per Share $ 9,011,805 $ 5,094,828 Basic Weighted Average Number of Shares 38,896,945 38,185,277 Net Income Per Share – Basic $ 0.23 $ 0.13 Net Income for Diluted Earnings Per Share $ 9,011,805 $ 5,094,828 Diluted Weighted Average Number of Shares 38,896,945 38,185,277 Net Income Per Share – Diluted $ 0.23 $ 0.13 Recent accounting pronouncements Revenue Recognition: Revenue from Contracts with Customers: Topic Disclosure of Going Concern Uncertainties Financial instrument Leases Stock-based Compensation Financial Instruments - Credit Losses: Statement of Cash Flows: Statement of Cash Flows: Business Combination Business Combinations (Topic 805): Clarifying the Definition of a Business Stock-based Compensation In May 2017, the FASB issued ASU No. 2017-09, “Compensation—Stock compensation (Topic 718): Scope of modification accounting” (“ASU 2017-09”). The purpose of the amendment is to clarify which changes to the terms or condition of a share-based payment award require an entity to apply modification accounting. For all entities that offer share -based 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, 2018
Inventories [Abstract]
Inventories	NOTE 3 – INVENTORIES Inventories consisted of the following: September 30, June 30, 2018 2018 Raw materials $ 30,149,050 $ 13,154,465 Supplies and packing materials $ 523,992 $ 566,254 Work in progress $ 386,158 $ 417,130 Finished goods $ 54,916,355 $ 39,646,965 Total $ 85,975,555 $ 53,784,814

Property, Plant and Equipment

Property, Plant and Equipment	3 Months Ended
	Sep. 30, 2018
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, 2018 2018 Building and improvements $ 38,877,508 $ 40,319,393 Auto 3,387,289 3,504,028 Machinery and equipment 18,097,309 18,765,192 Agriculture assets 741,044 768,528 Total property, plant and equipment 61,103,149 63,357,141 Less: accumulated depreciation (32,074,369 ) (32,462,458 ) Total $ 29,028,781 $ 30,894,683

Intangible Assets

Intangible Assets	3 Months Ended
	Sep. 30, 2018
Intangible Assets [Abstract]
INTANGIBLE ASSETS	NOTE 5 – INTANGIBLE ASSETS Intangible assets consisted of the following: September 30, June 30, 2018 2018 Land use rights, net $ 9,516,800 $ 9,930,420 Technology patent, net 3,334 3,570 Customer relationships, net 3,131,697 3,578,724 Non-compete agreement 586,096 659,500 Trademarks 5,925,920 6,145,700 Total $ 19,163,847 $ 20,317,914 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 $10,655,721). 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 $152,290). 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 $1,060,710). 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, 2018 2018 Land use rights $ 11,868,721 12,308,907 Less: accumulated amortization (2,351,921 ) (2,378,488 ) Total land use rights, net $ 9,516,800 9,930,419 TECHNOLOGY PATENT On August 16, 2001, Jinong was issued a technology patent related to a proprietary formula used in the production of humic acid. The fair value of the related intangible asset was determined to be the respective cost of RMB 5,875,068 (or $855,410) 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 of the acquired technology patent was estimated to be RMB9,200,000 (or $1,339,520) and is amortized over the remaining useful life of six years using the straight-line method. As of June 30, 2018, this technology patent is fully amortized. The technology know-how consisted of the following: September 30, June 30, 2018 2018 Technology know-how $ 2,199,715 $ 2,276,335 Less: accumulated amortization (2,199,715 )) (2,276,335 ) Total technology know-how, net $ - $ - CUSTOMER RELATIONSHIPS On July 2, 2010, the Company acquired Gufeng and its wholly-owned subsidiary Tianjuyuan. The fair value of the acquired customer relationships was estimated to be RMB65,000,000 (or $9,464,000) and is amortized over the remaining useful life of ten years. On June 30, 2016 and January 1, 2017, the Company acquired the sales VIE Companies. The fair value of the acquired customer relationships was estimated to be RMB16,472,179 (or $2,398,349) and is amortized over the remaining useful life of seven to ten years. September 30, June 30, 2018 2018 Customer relationships $ 11,608,629 $ 12,039,169 Less: accumulated amortization (8,476,932 )) (8,460,445 )) Total customer relationships, net $ 3,131,697 $ 3,578,724 NON-COMPETE AGREEMENT On July 2, 2010, the Company acquired Gufeng and its wholly-owned subsidiary Tianjuyuan. The fair value of the acquired non-compete agreement was estimated to be RMB1,320,000 (or $192,192) and is amortized over the remaining useful life of five years using the straight-line method. On June 30, 2016 and January 1, 2017, the Company acquired the sales VIE Companies. The fair value of the acquired non-compete agreements was estimated to be RMB6,150,683 (or $895,539) and is amortized over the remaining useful life of five years using the straight-line method. September 30, June 30, 2018 2018 Non-compete agreement $ 1,188,597 $ 1,232,680 Less: accumulated amortization (602,501 ) (573,180 ) Total non-compete agreement, net $ 586,096 $ 659,500 TRADEMARKS On July 2, 2010, the Company acquired Gufeng and its wholly-owned subsidiary Tianjuyuan. The preliminary fair value of the acquired trademarks was estimated to be RMB40,700,000 (or $5,925,920) and is subject to an annual impairment test. AMORTIZATION EXPENSE Estimated amortization expenses of intangible assets for the next five twelve months periods ended September 30, are as follows: Twelve Months Ended on September 30, Expense ($) 2019 1,841,368 2020 1,563,540 2021 774,915 2022 583,475 2023 530,802

Other Non-Current Assets

Other Non-Current Assets	3 Months Ended
	Sep. 30, 2018
Other Non-Current Assets [Abstract]
OTHER NON-CURRENT ASSETS	NOTE 6 – OTHER NON-CURRENT ASSETS Other non-current assets mainly include advance payments related to leasing land for use by the Company. As of September 30, 2018, the balance of other non-current assets was $16,776,611, which was the lease fee advances for agriculture lands that the Company engaged in Shiquan County from 2018 to 2027. In March 2017, Jinong entered into a lease agreement for approximately 3,400 mu, and 2600-hectare agriculture lands in Shiquan County, Shaanxi Province. The lease was from April 2017 and was renewable for every ten-year period up to 2066. The aggregate leasing fee was approximately RMB 13 million per annum, The Company had made 10-year advances of leasing fee per lease terms. The Company has amortized $.5 million as expenses for the three months ended September 30, 2018. Estimated amortization expenses of the lease advance payments for the next four twelve-month periods ended September 30 and thereafter are as follows: Twelve months ending September 30, 2019 $ 1,954,680 2020 $ 1,954,680 2021 $ 1,954,680 2022 $ 1,954,680 2023 and thereafter $ 8,957,891

Accrued Expenses and Other Paya

Accrued Expenses and Other Payables	3 Months Ended
	Sep. 30, 2018
Accrued Expenses and Other Payables [Abstract]
ACCRUED EXPENSES AND OTHER PAYABLES	NOTE 7 - ACCRUED EXPENSES AND OTHER PAYABLES Accrued expenses and other payables consisted of the following: September 30, June 30, 2018 2018 Payroll payable $ 12,932 $ 13,788 Welfare payable 149,479 155,023 Accrued expenses 6,373,325 5,368,348 Other payables 4,371,728 4,543,261 Other levy payable 122,109 126,638 Total $ 11,029,573 $ 10,207,058

Related Parties Transactions

Related Parties Transactions	3 Months Ended
	Sep. 30, 2018
Related Parties Transactions [Abstract]
RELATED PARTIES TRANSACTIONS	NOTE 8 - RELATED PARTIES TRANSACTIONS 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 $3,712,800). For the three months ended September 30, 2018 and 2017, Yuxing has sold approximately $71,962 and $133,690 products to 900LH.com. The amount due from 900LH.com to Yuxing was $249,087 and $235,551 as of September 30, 2018 and June 30, 2018, respectively. As of September 30, 2018, and June 30, 2018, the amount due to related parties was $3,232,715 and $3,271,619, respectively. As of September 30, 2018, and June 30, 2018, $1,019,200 and $1,057,000, respectively were amounts that Gufeng borrowed from a related party, Xi’an Techteam Science & Technology Industry (Group) Co. Ltd., a company controlled by Mr. Zhuoyu 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. As of September 30, 2018, and June 30, 2018, the Company’s subsidiary, Jinong, owed 900LH.com $431,907 and $393,565, respectively. On June 29, 2016, Jinong signed an office lease with Kingtone Information Technology Co., Ltd. (“Kingtone Information”), of which Mr. Tao Li, former Chairman and CEO of the Company, serves as Chairman of its board of directors. Pursuant to the lease, Jinong rented 612 square meters (approximately 6,588 square feet) of office space from Kingtone Information. The lease provides for a two-year term effective as of July 1, 2016 with monthly rent of RMB24,480 (approximately $3,564)

Loan Payables

Loan Payables	3 Months Ended
	Sep. 30, 2018
Loan Payables [Abstract]
LOAN PAYABLES	NOTE 9- LOAN PAYABLES As of September 30, 2018, the short-term loan payables consisted of two loans which mature on dates ranging from May 21, 2019 through June 18, 2019 with interest rates ranging from 5.22% to 6.31%. Both loans are collateralized by Tianjuyuan’s land use right and building ownership right. . No. Payee Loan period per agreement Interest Rate September 30, 1 Bank of Beijing - Pinggu Branch May 22, 2018-May 21, 2019 5.22 % 1,456,000 2 Postal Saving Bank of China - Pinggu Branch June 19, 2018-June 18, 2019 6.31 % 2,912,000 Total $ 4,368,000 The interest expense from short-term loans was $93,122 and $179,575 for the period ended September 30, 2018 and 2017 respectively.

Convertible Notes Payable

Convertible Notes Payable	3 Months Ended
	Sep. 30, 2018
Convertible Notes Payable [Abstract]
CONVERTIBLE NOTES PAYABLE	NOTE 10 – CONVERTIBLE NOTES PAYABLE Relating to the acquisition of the VIE Companies, the Company subsidiary, Jinong, issued to the VIE Companies shareholders convertible notes payable twice, in the aggregate notional amount of RMB 51,000,000 ($7,425,600) with a term of three years and an annual interest rate of 3%. No. Related Acquisitions of Sales VIEs Issuance Date Maturity Date Notional Interest Rate Conversion Price Notional Amount (in RMB) 1 Wangtian, Lishijie, Xindeguo, Xinyulei, Jinyangguang June 30, 2016 June 30, 2019 3 % $ 5.00 39,000,000 2 Fengnong, Xiangrong January 1, 2017 December 31, 2019 3 % $ 5.00 12,000,000 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. Due to the discontinuation of VIE agreements with Zhenbai’s shareholders, certain convertible notes issued on June 30, 2016 with a face amount of RMB 12,000,000 ($1,747,200) were tendered back to the Company. All outstanding balance of unpaid principal and accrued interest in the tendered convertible notes were forfeited. The Company determined that the fair value of the convertible notes payable was RMB 49,522,859 ($7,210,528) and RMB 48,820,525 ($7,108,268) as of September 30, 2018 and June 30, 2018, respectively. Aside from the forfeiture of the convertible notes previously issued to Zhenbai’s shareholders, the difference between the fair value of the notes and the face amount of the notes is being amortized to accretion implied interest expense over the three-year life of the notes. As of September 30, 2018, the accumulated amortization of this discount into accretion expenses was $1,025,268.

Taxes Payable

Taxes Payable	3 Months Ended
	Sep. 30, 2018
Taxes Payable [Abstract]
TAXES PAYABLE	NOTE 11 – 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, because of the expiration of its tax exemption on December 31, 2007. Accordingly, it made provision for income taxes for the three-month period ended September 30, 2018 and 2017 of $1,041,180 and $1,013,134, 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 $395,255 and $511,796 for the three months ended September 30, 2018 and 2017, respectively. Value-Added Tax Certain 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 Sept 30, June 30, 2018 2018 VAT provision $ (444,722 ) $ (449,140 ) Income tax payable 77,307 554,065 Other levies 821,723 836,747 Total $ 454,308 $ 941,672 The provision for income taxes consists of the following September 30, September 30, 2018 2017 Current tax - foreign $ 1,654,416 $ 1,722,655 Deferred tax - - $ 1,654,416 $ 1,722,655 Our effective tax rates were approximately 15.5% and 25.3% for the three months ended September 30, 2018 and 2017, respectively. Substantially all 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, 2018 and 2017 for the following reasons: September 30, 2018 Tax Rate Reconciliation September 30, 2018 China United States 15% - 25% 21% Total Pretax income (loss) $ 11,287,985 (621,765 ) $ 10,666,220 Expected income tax expense (benefit) 2,821,996 25.0 % (130,571 ) 21.0 % 2,691,426 High-tech income benefits on Jinong (1,041,180 ) (9.5 )% - - (1,041,180 ) Losses from subsidiaries in which no benefit is recognized (126,400 ) (1.1 )% - - (126,400 ) Change in valuation allowance on deferred tax asset from US tax benefit - 130,571 (21.0 )% 130,571 Actual tax expense $ 1,654,416 14.7 % $ - - % $ 1,654,416 15.5 % China United States September 30, 2017 15% - 25% 34% Total Pretax income (loss) $ 7,015,501 $ (198,017 ) $ 6,817,484 Expected income tax expense (benefit) 1,753,875 0.250 (67,326 ) 34 % 1,686,549 High-tech income benefits on Jinong (675,422 ) -0.096 (675,422 ) Losses from subsidiaries in which no benefit is recognized 644,202 0.092 644,202 Change in valuation allowance on deferred tax asset from US tax benefit - 67,326 -34 % 67,326 Actual tax expense $ 1,722,655 24.6 % $ - 0.00 % $ 1,722,655 25.3 %

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Sep. 30, 2018
Stockholders' Equity [Abstract]
STOCKHOLDERS' EQUITY	NOTE 12 – STOCKHOLDERS’ EQUITY Common Stock There were no shares of common stock issued during the quarters ended September 30, 2018 and 2017, respectively. As of September 30, 2018, and June 30, 2018, there were 38,896,945 and 38,896,945 shares of common stock issued and outstanding. 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, 2018, 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, 2018
Concentrations [Abstract]
CONCENTRATIONS	NOTE 13 –CONCENTRATIONS Market Concentration All 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 four vendors from each of which the Company purchased more than 10% of its raw materials, with the total of 47.6% of its raw materials for the three months ended September 30, 2018. Total purchases from these four vendors amounted to $26,676,809 for the three-month period ended September 30, 2018. There were six vendors from each of which the Company purchased more than 10% of its raw materials, with the total of 64.6% of its raw materials for the three months ended September 30, 2017. Total purchases from these six vendors amounted to $52,430,050 for the three-month period ended September 30, 2017. No customer accounted for over 10% of the Company’s sales for the three months ended September 30, 2018 and 2017.

Segment Reporting

Segment Reporting	3 Months Ended
	Sep. 30, 2018
Segment Reporting [Abstract]
SEGMENT REPORTING	NOTE 14 – SEGMENT REPORTING As of September 30, 2018, the Company was organized into four main business segments based on location and product: Jinong (fertilizer production), Gufeng (fertilizer production), Yuxing (agricultural products production) and the sales VIEs. 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 September 30, Revenues from unaffiliated customers: 2018 2017 Jinong $ 22,496,533 $ 26,773,760 Gufeng 17,473,251 18,222,066 Yuxing 2,387,546 1,792,643 Sales VIEs 15,597,474 15,340,182 Consolidated $ 57,954,804 $ 62,128,651 Operating income: Jinong $ 6,928,090 $ 6,766,075 Gufeng 1,609,052 2,106,213 Yuxing 193,177 175,473 Sales VIEs 2,631,299 (1,808,652 ) Reconciling item (1) - 2 Reconciling item (2) (621,764 ) (198,019 ) Consolidated $ 10,739,854 $ 6,791,658 Net income: Jinong $ 5,900,016 $ 5,741,090 Gufeng 1,120,344 1,489,067 Yuxing 193,178 175,622 Sales VIEs 2,420,029 (2,070,864 Reconciling item (1) 2 2 Reconciling item (2) (621,766 ) (198,019 ) Consolidated $ 9,011,805 $ 5,052,758 Depreciation and Amortization: Jinong $ 198,258 $ 853,743 Gufeng 536,619 547,757 Yuxing 304,818 312,519 Sales VIEs 186,806 186,606 Consolidated $ 1,226,500 $ 1,900,626 Interest expense: Jinong 69,442 70,836 Gufeng 93,122 104,723 Sales VIEs 123 4,016 Consolidated $ 162,686 $ 179,575 Capital Expenditure: Jinong $ 3,036 $ 3,341 Gufeng 26,988 13,868 Yuxing 1,249 - Consolidated $ 31,273 $ 17,209 As of September 30, June 30, 2018 2018 Identifiable assets: Jinong $ 224,480,929 $ 226,335,489 Gufeng 160,920,365 168,572,947 Yuxing - - Sales VIEs 83,654,118 87,567,782 Reconciling item (1) 582,901 512,622 Reconciling item (2) (2,879 ) (2,879 ) Consolidated $ 469,635,433 $ 482,985,960 (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, 2018
Commitments and Contingencies [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 15 – COMMITMENTS AND CONTINGENCIES On June 29, 2018, Jinong renewed 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 four-year term effective as of July 1, 2018 with monthly rent of $3,564 (approximately RMB 24,480). Accordingly, the Company recorded an aggregate of $11,985 and $14,716 as rent expenses from these committed property leases for the three-month periods ended September 30, 2018 and 2017, respectively. The contingent rent expenses herein for the next five twelve-month periods ended September 30, are as follows: Years ending September 30, 2019 $ 47,940 2020 47,940 2021 47,940 2022 47,940 2023 47,940

Variable Interest Entities

Variable Interest Entities	3 Months Ended
	Sep. 30, 2018
Variable Interest Entities [Abstract]
VARIABLE INTEREST ENTITIES	NOTE 16 – VARIABLE INTEREST ENTITIES In accordance with accounting standards regarding consolidation of variable interest entities, VIEs are generally entities that lack enough 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 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 and January 1, 2017, the Company, through its wholly-owned subsidiary Jinong, entered into strategic acquisition agreements and a series of contractual agreements to qualify as VIEs with the shareholders of the sales VIE Companies. Jinong, the sales VIE Companies, and the shareholders of the sales VIE Companies also entered into a series of contractual agreements for the sales VIE Companies to qualify as VIEs (the “VIE Agreements”). On November 30, 2017, the Company, through its wholly-owned subsidiary Jinong, exited the VIE agreements with the shareholders of Zhenbai. As a result of these contractual arrangements, with Yuxing and the sales VIE Companies the Company is entitled to substantially all 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, 2018 and June 30, 2018: September 30, June 30, 2018 2018 ASSETS Current Assets Cash and cash equivalents $ 1,347,720 $ 982,312 Accounts receivable, net 35,129,065 38,295,505 Inventories 20,889,337 21,133,970 Other current assets 950,471 988,051 Related party receivable 249,087 (359,005 ) Advances to suppliers 814,358 848,458 Total Current Assets 59,380,038 61,889,291 Plant, Property and Equipment, Net 10,548,189 11,206,667 Other assets 218,549 226,654 Intangible Assets, Net 10,724,735 11,348,180 Goodwill 3,181,816 3,319,732 Total Assets $ 84,053,327 $ 87,990,524 LIABILITIES AND STOCKHOLDERS’ EQUITY Current Liabilities Short-term loan $ - $ - Accounts payable 20,951,481 25,584,614 Customer deposits 242,728 841,694 Accrued expenses and other payables 4,109,982 3,896,340 Amount due to related parties 41,903,021 43,339,286 Total Current Liabilities $ 67,207,212 $ 73,661,934 Long-term Loan - - Total Liabilities $ 67,207,212 $ 73,661,934 Stockholders’ equity 16,846,115 14,328,590 Total Liabilities and Stockholders’ Equity 84,053,327 $ 87,990,524 Three Months Ended 2018 2017 Revenue $ 17,985,020 $ 17,132,823 Expenses 15,371,814 19,112,207 Net income $ 2,613,206 $ (1,979,384 )

Business Combinations

Business Combinations	3 Months Ended
	Sep. 30, 2018
Business Combinations [Abstract]
BUSINESS COMBINATIONS	NOTE 17 – 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 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. Subsequently, on January 1, 2017, Jinong entered into similar strategic acquisition agreements and a series of contractual agreements to qualify as VIEs with the shareholders of Sunwu County Xiangrong Agricultural Materials Co., Ltd., and Anhui Fengnong Seed Co., Ltd. On November 30, 2017, the Company, through its wholly-owned subsidiary Jinong, discontinued the strategic acquisition agreements and the series of contractual agreements with the shareholders of Zhenbai. The VIE Agreements are as follows: Entrusted Management Agreements Pursuant to the terms of certain Entrusted Management Agreements dated June 30, 2016 and January 1, 2017, between Jinong and the shareholders of the sales VIE Companies (the “Entrusted Management Agreements”), the sales 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 sales VIE Companies’ operations, assets and personnel, has the right to control all the sales VIE Companies’ cash flows through an entrusted bank account, is entitled to the sales VIE Companies’ net profits as a management fee, is obligated to pay all the sales VIE Companies’ payables and loan payments, and bears all losses of the sales 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 sales VIE Companies; or (iii) Jinong acquires all the assets or equity of the sales 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 and January 1, 2017, between Jinong and the sales VIE companies (the “Exclusive Technology Supply Agreements”), Jinong is the exclusive technology provider to the sales VIE companies. The sales 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 sales VIE companies; or (iii) Jinong acquires the sales 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 and January 1, 2017, among Jinong and the shareholders of the sales VIE companies (the “Shareholder’s Voting Proxy Agreements”), the shareholders of the sales 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 sales VIE companies, including the appointment and election of directors of the sales 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 the assets or equity of the sales VIE companies. Exclusive Option Agreements Pursuant to the terms of certain Exclusive Option Agreements dated June 30, 2016 and January 1, 2017, among Jinong, the sales VIE companies, and the shareholders of the sales VIE companies (the “Exclusive Option Agreements”), the shareholders of the sales VIE companies granted Jinong an irrevocable and exclusive purchase option (the “Option”) to acquire the sales 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 sales 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 sales 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 and January 1, 2017, among Jinong and the shareholders of the sales VIE companies (the “Pledge Agreements”), the shareholders of the sales VIE companies pledged all of their equity interests in the sales 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 and January 1, 2017, among Jinong and the shareholders of the sales VIE companies (the “Non-Compete Agreements”), the shareholders of the sales 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. If the shareholders of the sales VIE companies breach the non-compete obligations contained therein, Jinong is entitled to all loss and damages; if the damages are difficult to determine, remedies bore the shareholders of the sales 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: For acquisitions made on June 30, 2016: 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 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 made on June 30, 2016 was paid in July and August 2016. For acquisitions made on January 1, 2017: Working Capital $ 941,192 Machinery and equipment 222,875 Intangible assets 1440 Goodwill 684,400 Customer Relationship 522,028 Non-compete Agreement 392,852 Purchase price $ 2,764,787 A summary of the purchase consideration paid is below: Cash $ 1,201,888 Convertible notes 1,559,350 Derivative liability 3,549 $ 2,764,787 The cash component of the purchase price for these acquisitions made on January 1, 2017 was paid during March 2017. On November 30, 2017, the Company, through its wholly-owned subsidiary Jinong, discontinued the strategic acquisition agreements and the series of contractual agreements with the shareholders of Zhenbai. In return, the shareholders of Zhenbai agreed to tender the whole payment consideration in the SAA back to the Company with early termination penalties. The convertible notes paid to Zhenbai’s shareholders and the accrued interest has been forfeited. For the discontinuation of Zhenbai made on November 30, 2017, the Company gave up the control of the following assets in Zhenbai: Working Capital $ 1,179,352 Intangible assets 896,559 Customer Relationship 684,727 Non-compete Agreement 211,833 Goodwill 538,488 Total Asset $ 2,614,401 In return, the purchase consideration returned to the Company from Zhenbai’s shareholders is summarized below: Cash $ 461,330 Interest Payable 83,039 Convertible notes 1,724,683 Derivative liability 13,353 Total Payback $ 2,282,406 Net Loss (331,995 )

Basis of Presentation and Sum_2

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Sep. 30, 2018
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, and the VIE Companies. All significant inter-company accounts and transactions have been eliminated in consolidation. Effective June 16, 2013, Yuxing was converted from being a wholly-owned foreign enterprise 100% owned by Jinong to a domestic enterprise 100% owned one natural person, who is not affiliated to the Company (“Yuxing’s Owner”). Effective the same day, Yuxing’s Owner entered into a series of contractual agreements with Jinong pursuant to which Yuxing became the VIE of Jinong.
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 performs 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, 2018 and June 30, 2018 were $153,154,657 and $150,805,639, respectively. The Company had $153,141,535 and $150,785,737 in cash in banks in China, and $13,122 and $19,902 in cash in two banks in the United States as of September 30, 2018 and June 30, 2018, respectively. Cash overdrafts as of a 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, 2018, and June 30, 2018, the Company had accounts receivable of $136,794,689 and $174,460,937, net of allowance for doubtful accounts of $24,387,808 and $24,551,796, respectively.
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. At September 30, 2018 and 2017, the Company had no reserve for obsolete goods.
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. The Company has not recorded impairment of intangible assets as of September 30, 2018 and 2017 respectively.
Customer deposits	Customer deposits Payments received before all 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, 2018, and June 30, 2018, the Company had customer deposits of $5,785,249 and $7,251,967, respectively.
Earnings per share	Earnings per share Basic earnings per share are 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 September 30, 2018 2017 Net Income for Basic Earnings Per Share $ 9,011,805 $ 5,094,828 Basic Weighted Average Number of Shares 38,896,945 38,185,277 Net Income Per Share – Basic $ 0.23 $ 0.13 Net Income for Diluted Earnings Per Share $ 9,011,805 $ 5,094,828 Diluted Weighted Average Number of Shares 38,896,945 38,185,277 Net Income Per Share – Diluted $ 0.23 $ 0.13
Recent accounting pronouncements	Recent accounting pronouncements Revenue Recognition: Revenue from Contracts with Customers: Topic Disclosure of Going Concern Uncertainties Financial instrument Leases Stock-based Compensation Financial Instruments - Credit Losses: Statement of Cash Flows: Statement of Cash Flows: Business Combination Business Combinations (Topic 805): Clarifying the Definition of a Business Stock-based Compensation In May 2017, the FASB issued ASU No. 2017-09, “Compensation—Stock compensation (Topic 718): Scope of modification accounting” (“ASU 2017-09”). The purpose of the amendment is to clarify which changes to the terms or condition of a share-based payment award require an entity to apply modification accounting. For all entities that offer share -based 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 Sum_3

Basis of Presentation and Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Sep. 30, 2018
Basis of Presentation and Summary of Significant Accounting Policies [Abstract]
Schedule of components of basic and diluted earnings per share	Three Months Ended September 30, 2018 2017 Net Income for Basic Earnings Per Share $ 9,011,805 $ 5,094,828 Basic Weighted Average Number of Shares 38,896,945 38,185,277 Net Income Per Share – Basic $ 0.23 $ 0.13 Net Income for Diluted Earnings Per Share $ 9,011,805 $ 5,094,828 Diluted Weighted Average Number of Shares 38,896,945 38,185,277 Net Income Per Share – Diluted $ 0.23 $ 0.13

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Sep. 30, 2018
Inventories [Abstract]
Schedule of inventories	September 30, June 30, 2018 2018 Raw materials $ 30,149,050 $ 13,154,465 Supplies and packing materials $ 523,992 $ 566,254 Work in progress $ 386,158 $ 417,130 Finished goods $ 54,916,355 $ 39,646,965 Total $ 85,975,555 $ 53,784,814

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	3 Months Ended
	Sep. 30, 2018
Property, Plant and Equipment [Abstract]
Schedule of property, plant and equipment	September 30, June 30, 2018 2018 Building and improvements $ 38,877,508 $ 40,319,393 Auto 3,387,289 3,504,028 Machinery and equipment 18,097,309 18,765,192 Agriculture assets 741,044 768,528 Total property, plant and equipment 61,103,149 63,357,141 Less: accumulated depreciation (32,074,369 ) (32,462,458 ) Total $ 29,028,781 $ 30,894,683

Intangible Assets (Tables)

Intangible Assets (Tables)	3 Months Ended
	Sep. 30, 2018
Finite-Lived Intangible Assets [Line Items]
Schedule of impaired intangible assets	September 30, June 30, 2018 2018 Land use rights, net $ 9,516,800 $ 9,930,420 Technology patent, net 3,334 3,570 Customer relationships, net 3,131,697 3,578,724 Non-compete agreement 586,096 659,500 Trademarks 5,925,920 6,145,700 Total $ 19,163,847 $ 20,317,914
Schedule of finite-lived intangible assets, future amortization expense	Twelve Months Ended on September 30, Expense ($) 2019 1,841,368 2020 1,563,540 2021 774,915 2022 583,475 2023 530,802
LAND USE RIGHT [Member]
Finite-Lived Intangible Assets [Line Items]
Schedule of impaired intangible assets	September 30, June 30, 2018 2018 Land use rights $ 11,868,721 12,308,907 Less: accumulated amortization (2,351,921 ) (2,378,488 ) Total land use rights, net $ 9,516,800 9,930,419
TECHNOLOGY PATENT [Member]
Finite-Lived Intangible Assets [Line Items]
Schedule of impaired intangible assets	September 30, June 30, 2018 2018 Technology know-how $ 2,199,715 $ 2,276,335 Less: accumulated amortization (2,199,715 )) (2,276,335 ) Total technology know-how, net $ - $ -
CUSTOMER RELATIONSHIPS [Member]
Finite-Lived Intangible Assets [Line Items]
Schedule of impaired intangible assets	September 30, June 30, 2018 2018 Customer relationships $ 11,608,629 $ 12,039,169 Less: accumulated amortization (8,476,932 )) (8,460,445 )) Total customer relationships, net $ 3,131,697 $ 3,578,724
NON-COMPETE AGREEMENT [Member]
Finite-Lived Intangible Assets [Line Items]
Schedule of impaired intangible assets	September 30, June 30, 2018 2018 Non-compete agreement $ 1,188,597 $ 1,232,680 Less: accumulated amortization (602,501 ) (573,180 ) Total non-compete agreement, net $ 586,096 $ 659,500

Other Non-Current Assets (Table

Other Non-Current Assets (Tables)	3 Months Ended
	Sep. 30, 2018
Other Non-Current Assets [Abstract]
Schedule of estimated amortization expenses of the lease advance payments	Twelve months ending September 30, 2019 $ 1,954,680 2020 $ 1,954,680 2021 $ 1,954,680 2022 $ 1,954,680 2023 and thereafter $ 8,957,891

Accrued Expenses and Other Pa_2

Accrued Expenses and Other Payables (Tables)	3 Months Ended
	Sep. 30, 2018
Accrued Expenses and Other Payables [Abstract]
Schedule of accrued expenses and other payables	September 30, June 30, 2018 2018 Payroll payable $ 12,932 $ 13,788 Welfare payable 149,479 155,023 Accrued expenses 6,373,325 5,368,348 Other payables 4,371,728 4,543,261 Other levy payable 122,109 126,638 Total $ 11,029,573 $ 10,207,058

Loan Payables (Tables)

Loan Payables (Tables)	3 Months Ended
	Sep. 30, 2018
Loan Payables [Abstract]
Summary of loan payables	No. Payee Loan period per agreement Interest Rate September 30, 1 Bank of Beijing - Pinggu Branch May 22, 2018-May 21, 2019 5.22 % 1,456,000 2 Postal Saving Bank of China - Pinggu Branch June 19, 2018-June 18, 2019 6.31 % 2,912,000 Total $ 4,368,000

Convertible Notes Payable (Tabl

Convertible Notes Payable (Tables)	3 Months Ended
	Sep. 30, 2018
Convertible Notes Payable [Abstract]
Summary of convertible notes payable	No. Related Acquisitions of Sales VIEs Issuance Date Maturity Date Notional Interest Rate Conversion Price Notional Amount (in RMB) 1 Wangtian, Lishijie, Xindeguo, Xinyulei, Jinyangguang June 30, 2016 June 30, 2019 3 % $ 5.00 39,000,000 2 Fengnong, Xiangrong January 1, 2017 December 31, 2019 3 % $ 5.00 12,000,000

Taxes Payable (Tables)

Taxes Payable (Tables)	3 Months Ended
	Sep. 30, 2018
Taxes Payable [Abstract]
Schedule of income taxes and related payables	Sept 30, June 30, 2018 2018 VAT provision $ (444,722 ) $ (449,140 ) Income tax payable 77,307 554,065 Other levies 821,723 836,747 Total $ 454,308 $ 941,672
Schedule of provision for income taxes	September 30, September 30, 2018 2017 Current tax - foreign $ 1,654,416 $ 1,722,655 Deferred tax - - $ 1,654,416 $ 1,722,655
Schedule of effective income tax rate reconciliation	September 30, 2018 China United States 15% - 25% 21% Total Pretax income (loss) $ 11,287,985 (621,765 ) $ 10,666,220 Expected income tax expense (benefit) 2,821,996 25.0 % (130,571 ) 21.0 % 2,691,426 High-tech income benefits on Jinong (1,041,180 ) (9.5 )% - - (1,041,180 ) Losses from subsidiaries in which no benefit is recognized (126,400 ) (1.1 )% - - (126,400 ) Change in valuation allowance on deferred tax asset from US tax benefit - 130,571 (21.0 )% 130,571 Actual tax expense $ 1,654,416 14.7 % $ - - % $ 1,654,416 15.5 % China United States September 30, 2017 15% - 25% 34% Total Pretax income (loss) $ 7,015,501 $ (198,017 ) $ 6,817,484 Expected income tax expense (benefit) 1,753,875 0.250 (67,326 ) 34 % 1,686,549 High-tech income benefits on Jinong (675,422 ) -0.096 (675,422 ) Losses from subsidiaries in which no benefit is recognized 644,202 0.092 644,202 Change in valuation allowance on deferred tax asset from US tax benefit - 67,326 -34 % 67,326 Actual tax expense $ 1,722,655 24.6 % $ - 0.00 % $ 1,722,655 25.3 %

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
	Sep. 30, 2018
Segment Reporting [Abstract]
Schedule of segment reporting information, by segment	Three Months Ended September 30, Revenues from unaffiliated customers: 2018 2017 Jinong $ 22,496,533 $ 26,773,760 Gufeng 17,473,251 18,222,066 Yuxing 2,387,546 1,792,643 Sales VIEs 15,597,474 15,340,182 Consolidated $ 57,954,804 $ 62,128,651 Operating income: Jinong $ 6,928,090 $ 6,766,075 Gufeng 1,609,052 2,106,213 Yuxing 193,177 175,473 Sales VIEs 2,631,299 (1,808,652 ) Reconciling item (1) - 2 Reconciling item (2) (621,764 ) (198,019 ) Consolidated $ 10,739,854 $ 6,791,658 Net income: Jinong $ 5,900,016 $ 5,741,090 Gufeng 1,120,344 1,489,067 Yuxing 193,178 175,622 Sales VIEs 2,420,029 (2,070,864 Reconciling item (1) 2 2 Reconciling item (2) (621,766 ) (198,019 ) Consolidated $ 9,011,805 $ 5,052,758 Depreciation and Amortization: Jinong $ 198,258 $ 853,743 Gufeng 536,619 547,757 Yuxing 304,818 312,519 Sales VIEs 186,806 186,606 Consolidated $ 1,226,500 $ 1,900,626 Interest expense: Jinong 69,442 70,836 Gufeng 93,122 104,723 Sales VIEs 123 4,016 Consolidated $ 162,686 $ 179,575 Capital Expenditure: Jinong $ 3,036 $ 3,341 Gufeng 26,988 13,868 Yuxing 1,249 - Consolidated $ 31,273 $ 17,209 As of September 30, June 30, 2018 2018 Identifiable assets: Jinong $ 224,480,929 $ 226,335,489 Gufeng 160,920,365 168,572,947 Yuxing - - Sales VIEs 83,654,118 87,567,782 Reconciling item (1) 582,901 512,622 Reconciling item (2) (2,879 ) (2,879 ) Consolidated $ 469,635,433 $ 482,985,960 (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, 2018
Commitments and Contingencies [Abstract]
Schedule of payments for lease expenses	Years ending September 30, 2019 $ 47,940 2020 47,940 2021 47,940 2022 47,940 2023 47,940

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	3 Months Ended
	Sep. 30, 2018
Variable Interest Entities [Abstract]
Schedule of VIEs consolidated financial statements	September 30, June 30, 2018 2018 ASSETS Current Assets Cash and cash equivalents $ 1,347,720 $ 982,312 Accounts receivable, net 35,129,065 38,295,505 Inventories 20,889,337 21,133,970 Other current assets 950,471 988,051 Related party receivable 249,087 (359,005 ) Advances to suppliers 814,358 848,458 Total Current Assets 59,380,038 61,889,291 Plant, Property and Equipment, Net 10,548,189 11,206,667 Other assets 218,549 226,654 Intangible Assets, Net 10,724,735 11,348,180 Goodwill 3,181,816 3,319,732 Total Assets $ 84,053,327 $ 87,990,524 LIABILITIES AND STOCKHOLDERS’ EQUITY Current Liabilities Short-term loan $ - $ - Accounts payable 20,951,481 25,584,614 Customer deposits 242,728 841,694 Accrued expenses and other payables 4,109,982 3,896,340 Amount due to related parties 41,903,021 43,339,286 Total Current Liabilities $ 67,207,212 $ 73,661,934 Long-term Loan - - Total Liabilities $ 67,207,212 $ 73,661,934 Stockholders’ equity 16,846,115 14,328,590 Total Liabilities and Stockholders’ Equity 84,053,327 $ 87,990,524 Three Months Ended 2018 2017 Revenue $ 17,985,020 $ 17,132,823 Expenses 15,371,814 19,112,207 Net income $ 2,613,206 $ (1,979,384 )

Business Combinations (Tables)

Business Combinations (Tables)	3 Months Ended
	Sep. 30, 2018
Business Combinations [Abstract]
Summary of purchase price allocations at fair value	For acquisitions made on June 30, 2016: 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 For acquisitions made on January 1, 2017: Working Capital $ 941,192 Machinery and equipment 222,875 Intangible assets 1440 Goodwill 684,400 Customer Relationship 522,028 Non-compete Agreement 392,852 Purchase price $ 2,764,787 Working Capital $ 1,179,352 Intangible assets 896,559 Customer Relationship 684,727 Non-compete Agreement 211,833 Goodwill 538,488 Total Asset $ 2,614,401
Summary of purchase consideration paid for VIE	Cash $ 5,568,500 Convertible notes 6,671,769 Derivative liability 144,818 $ 12,385,087 Cash $ 1,201,888 Convertible notes 1,559,350 Derivative liability 3,549 $ 2,764,787 Cash $ 461,330 Interest Payable 83,039 Convertible notes 1,724,683 Derivative liability 13,353 Total Payback $ 2,282,406 Net Loss (331,995 )

Basis of Presentation and Sum_4

Basis of Presentation and Summary of Significant Accounting Policies (Details) - USD ($)	3 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Basis of Presentation and Summary of Significant Accounting Policies [Abstract]
Net Income for Basic Earnings Per Share	$ 9,011,805	$ 5,094,828
Basic Weighted Average Number of Shares	38,896,945	38,185,277
Net Income Per Share - Basic	$ 0.23	$ 0.13
Net Income for Diluted Earnings Per Share	$ 9,011,805	$ 5,094,828
Diluted Weighted Average Number of Shares	38,896,945	38,185,277
Net Income Per Share - Diluted	$ 0.23	$ 0.13

Basis of Presentation and Sum_5

Basis of Presentation and Summary of Significant Accounting Policies (Details Textual) - USD ($)	Jun. 16, 2013	Sep. 30, 2018	Jun. 30, 2018
Basis of Presentation and Summary of Significant Accounting Policies (Textual)
Aggregate cash in accounts and on hand		$ 153,154,657	$ 150,805,639
Accounts receivable		136,794,689	174,460,937
Allowance for doubtful accounts		24,387,808	24,551,796
Customer deposits		5,785,249	7,251,967
Ownership percentage, description	Yuxing was converted from being a wholly-owned foreign enterprise 100% owned by Jinong to a domestic enterprise 100% owned one natural person, who is not affiliated to the Company ("Yuxing's Owner"). Effective the same day, Yuxing's Owner entered into a series of contractual agreements with Jinong pursuant to which Yuxing became the VIE of Jinong.
United States Bank [Member]
Basis of Presentation and Summary of Significant Accounting Policies (Textual)
Deposits in banks		13,122	19,902
China Bank [Member]
Basis of Presentation and Summary of Significant Accounting Policies (Textual)
Deposits in banks		$ 153,141,535	$ 150,785,737

Inventories (Details)

Inventories (Details) - USD ($)	Sep. 30, 2018	Jun. 30, 2018
Inventories [Abstract]
Raw materials	$ 30,149,050	$ 13,154,465
Supplies and packing materials	523,992	566,254
Work in progress	386,158	417,130
Finished goods	54,916,355	39,646,965
Total	$ 85,975,555	$ 53,784,814

Property, Plant and Equipment_2

Property, Plant and Equipment (Details) - USD ($)	Sep. 30, 2018	Jun. 30, 2018
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	$ 61,103,149	$ 63,357,141
Less: accumulated depreciation	(32,074,369)	(32,462,458)
Total	29,028,781	30,894,683
Building and improvements [Member]
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	38,877,508	40,319,393
Auto [Member]
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	3,387,289	3,504,028
Machinery and equipment [Member]
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	18,097,309	18,765,192
Agriculture assets [Member]
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	$ 741,044	$ 768,528

Intangible Assets (Details)

Intangible Assets (Details) - USD ($)	Sep. 30, 2018	Jun. 30, 2018
Finite-Lived Intangible Assets [Line Items]
Intangible assets	$ 19,163,847	$ 20,317,914
Land use right, net [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets	9,516,800	9,930,420
Technology patent, net [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets	3,334	3,570
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets	3,131,697	3,578,724
Non-compete agreement [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets	586,096	659,500
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets	$ 5,925,920	$ 6,145,700

Intangible Assets (Details 1)

Intangible Assets (Details 1) - Land Use Rights [Member] - USD ($)	Sep. 30, 2018	Jun. 30, 2018
Finite-Lived Intangible Assets [Line Items]
Land use rights	$ 11,868,721	$ 12,308,907
Less: accumulated amortization	(2,351,921)	(2,378,488)
Total land use rights, net	$ 9,516,800	$ 9,930,419

Intangible Assets (Details 2)

Intangible Assets (Details 2) - Technology Patent [Member] - USD ($)	Sep. 30, 2018	Jun. 30, 2018
Finite-Lived Intangible Assets [Line Items]
Technology know-how	$ 2,199,715	$ 2,276,335
Less: accumulated amortization	(2,199,715)	(2,276,335)
Total technology know-how, net

Intangible Assets (Details 3)

Intangible Assets (Details 3) - Customer Relationships [Member] - USD ($)	Sep. 30, 2018	Jun. 30, 2018
Finite-Lived Intangible Assets [Line Items]
Customer relationships	$ 11,608,629	$ 12,039,169
Less: accumulated amortization	(8,476,932)	(8,460,445)
Total customer relationships, net	$ 3,131,697	$ 3,578,724

Intangible Assets (Details 4)

Intangible Assets (Details 4) - Non-Compete Agreement [Member] - USD ($)	Sep. 30, 2018	Jun. 30, 2018
Finite-Lived Intangible Assets [Line Items]
Non-compete agreement	$ 1,188,597	$ 1,232,680
Less: accumulated amortization	(602,501)	(573,180)
Total non-compete agreement, net	$ 586,096	$ 659,500

Intangible Assets (Details 5)

Intangible Assets (Details 5) - Other Intangible Assets [Member]	Sep. 30, 2018USD ($)
Indefinite-lived Intangible Assets [Line Items]
2,019	$ 1,841,368
2,020	1,563,540
2,021	774,915
2,022	583,475
2,023	$ 530,802

Intangible Assets (Details Text

Intangible Assets (Details Textual)

Jan. 01, 2017USD ($)

Jul. 02, 2010USD ($)

Sep. 25, 2009USD ($)a

Aug. 13, 2003USD ($)a

Aug. 16, 2001USD ($)

Jun. 30, 2016USD ($)

Jan. 01, 2017CNY (¥)

Jun. 30, 2016CNY (¥)

Jul. 02, 2010CNY (¥)

Sep. 25, 2009CNY (¥)a

Aug. 13, 2003CNY (¥)a

Aug. 16, 2001CNY (¥)

Land use right, net [Member]

Intangible Assets (Textual)

Intangible assets land use right

88

11

88

11

Fair value of intangible assets

$ 10,655,721

$ 152,290

$ 1,060,710

¥ 73,184,895

¥ 1,045,950

¥ 7,285,099

Amortization period of intangible assets

50 years

50 years

50 years

Technology Patent [Member]

Intangible Assets (Textual)

Fair value of intangible assets

$ 1,339,520

$ 855,410

¥ 9,200,000

¥ 5,875,068

Amortization period of intangible assets

10 years

Amortization method, description

Amortized over the remaining useful life of six years using the straight line method.

Customer Relationships [Member]

Intangible Assets (Textual)

Fair value of intangible assets

$ 2,398,349

$ 9,464,000

$ 2,398,349

¥ 16,472,179

¥ 16,472,179

65,000,000

Amortization period of intangible assets

10 years

Amortization period of intangible assets, description

Seven to ten years.

Customer Relationships [Member] | Variable Interest Entity [Member]

Intangible Assets (Textual)

Fair value of intangible assets

$ 2,343,480

14,729,602

Amortization period of intangible assets, description

Seven to ten years

Non-Compete Agreement [Member]

Intangible Assets (Textual)

Fair value of intangible assets

$ 895,539

$ 192,192

$ 895,539

6,150,683

¥ 6,150,683

1,320,000

Amortization period of intangible assets

5 years

5 years

Non-Compete Agreement [Member] | Variable Interest Entity [Member]

Intangible Assets (Textual)

Fair value of intangible assets

$ 1,088,792

6,843,439

Amortization period of intangible assets

5 years

Trademarks [Member]

Intangible Assets (Textual)

Fair value of intangible assets

$ 5,925,920

¥ 40,700,000

Trademarks [Member] | Variable Interest Entity [Member]

Intangible Assets (Textual)

Fair value of intangible assets

$ 4,717

¥ 29,648

Other Non-Current Assets (Detai

Other Non-Current Assets (Details)	Sep. 30, 2018USD ($)
Other Non-Current Assets [Abstract]
2,019	$ 1,954,680
2,020	1,954,680
2,021	1,954,680
2,022	1,954,680
2023 and thereafter	$ 8,957,891

Other Non-Current Assets (Det_2

Other Non-Current Assets (Details Textual) ¥ in Millions	1 Months Ended	3 Months Ended
	Mar. 31, 2017CNY (¥)	Sep. 30, 2018USD ($)	Jun. 30, 2018USD ($)
Other Non-Current Assets (Textual)
Other Non-current Assets		$ 14,821,931	$ 15,885,696
Jinong [Member]
Other Non-Current Assets (Textual)
Lease term	10 years
Description of lease	A lease agreement for approximately 3,400 mu, and 2600 hectare agriculture lands in Shiquan County, Shaanxi Province. The lease was from April 2017 and was renewable for every ten-year period up to 2066.
Leasing fees | ¥	¥ 13
Amortized expenses		$ 500,000

Accrued Expenses and Other Pa_3

Accrued Expenses and Other Payables (Details) - USD ($)	Sep. 30, 2018	Jun. 30, 2018
Accrued Expenses and Other Payables [Abstract]
Payroll payable	$ 12,932	$ 13,788
Welfare payable	149,479	155,023
Accrued expenses	6,373,325	5,368,348
Other payables	4,371,728	4,543,261
Other levy payable	122,109	126,638
Total	$ 11,029,573	$ 10,207,058

Related Parties Transactions (D

Related Parties Transactions (Details)	1 Months Ended				3 Months Ended
	Jul. 01, 2016USD ($)	Jul. 01, 2016CNY (¥)	Dec. 31, 2015USD ($)	Dec. 31, 2015CNY (¥)	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Jun. 30, 2018USD ($)	Jun. 29, 2016m²
Amount Due to Related Parties (Textual)
Amount due to related parties					$ 3,232,715		$ 3,271,619
Amount due from related parties					249,087		235,551
Sales Agreement [Member]
Amount Due to Related Parties (Textual)
Sale of products			$ 3,712,800	¥ 25,500,000
Yuxing [Member]
Amount Due to Related Parties (Textual)
Amount due to related parties					431,907		393,565
Amount due from related parties					249,087		235,551
Sale of products					249,087	$ 235,551
Xi'an Techteam Science & Technology Industry (Group) Co. Ltd. [Member] | Gufeng
Amount Due to Related Parties (Textual)
Amount due to related parties					$ 1,019,200		$ 1,057,000
Kingtone Information Technology Co., Ltd. [Member]
Amount Due to Related Parties (Textual)
Ground lease | m²								612
Monthly rental expenses	$ 3,564	¥ 24,480
Effective lease term	2 years	2 years

Loan Payables (Details)

Loan Payables (Details)	3 Months Ended
	Sep. 30, 2018USD ($)
Short-term Debt [Line Items]
Short term loans payables	$ 4,368,000
Bank of Beijing-Pinggu Branch [Member]
Short-term Debt [Line Items]
Loan period per agreement, Start	May 22, 2018
Loan period per agreement, End	May 21, 2019
Loans payable, interest rates	5.22%
Short term loans payables	$ 1,456,000
Postal Saving Bank of China - Pinggu Branch [Member]
Short-term Debt [Line Items]
Loan period per agreement, Start	Jun. 19, 2018
Loan period per agreement, End	Jun. 18, 2019
Loans payable, interest rates	6.31%
Short term loans payables	$ 4,368,000

Loan Payables (Details Textual)

Loan Payables (Details Textual) - USD ($)	3 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Loan Payables (Textual)
Interest expense	$ 93,122	$ 179,575
Loan Payables [Member] | Minimum [Member]
Loan Payables (Textual)
Loans payable, interest rates	5.22%
Loans payable, maturity date	May 21, 2019
Loan Payables [Member] | Maximum [Member]
Loan Payables (Textual)
Loans payable, interest rates	6.31%
Loans payable, maturity date	Jun. 18, 2019

Convertible Notes Payable (Deta

Convertible Notes Payable (Details) - 3 months ended Sep. 30, 2018	$ / shares	CNY (¥)
Wangtian, Lishijie, Xindeguo, Xinyulei, Jinyangguang [Member]
Related Party Transaction [Line Items]
Issuance Date	Jun. 30, 2016
Maturity Date	Jun. 30, 2019
Notional Interest Rate	3.00%
Conversion Price | $ / shares	$ 5
Notional Amount | ¥		¥ 39,000,000
Fengnong, Xiangrong [Member]
Related Party Transaction [Line Items]
Issuance Date	Jan. 1, 2017
Maturity Date	Dec. 31, 2019
Notional Interest Rate	3.00%
Conversion Price | $ / shares	$ 5
Notional Amount | ¥		¥ 12,000,000

Convertible Notes Payable (De_2

Convertible Notes Payable (Details Textual)	3 Months Ended
	Sep. 30, 2018USD ($)	Sep. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2018CNY (¥)	Jun. 30, 2016USD ($)	Jun. 30, 2016CNY (¥)
Convertible Notes Payable (Textual)
Convertible notes payable, term	3 years
Fair value of convertible notes payable	$ 7,210,528	¥ 49,522,859	$ 48,820,525	¥ 7,108,268
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 expenses	$ 1,025,268
Annual interest rate	3.00%
Jinong [Member]
Convertible Notes Payable (Textual)
Aggregate amount of convertible notes payable	$ 7,425,600	¥ 51,000,000
Zhenbai [Member]
Convertible Notes Payable (Textual)
Aggregate amount of convertible notes payable					$ 1,747,200	¥ 12,000,000

Taxes Payable (Details)

Taxes Payable (Details) - USD ($)	Sep. 30, 2018	Jun. 30, 2018
Taxes Payable [Abstract]
VAT provision	$ (444,722)	$ (449,140)
Income tax payable	77,307	554,065
Other levies	821,723	836,747
Total	$ 29,459,231	$ 29,952,206

Taxes Payable (Details 1)

Taxes Payable (Details 1) - USD ($)	3 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Taxes Payable [Abstract]
Current tax - foreign	$ 1,654,416	$ 1,722,655
Deferred tax	0	0
Total	$ 1,654,416	$ 1,722,655

Taxes Payable (Details 2)

Taxes Payable (Details 2) - USD ($)	3 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Taxes Payable [Line Items]
Pretax income (loss)	$ 10,666,221	$ 6,775,413
Expected income tax expense (benefit)	2,691,426	1,686,549
High-tech income benefits on Jinong	(1,041,180)	(675,422)
Losses from subsidiaries in which no benefit is recognized	(126,400)	(644,202)
Change in valuation allowance on deferred tax asset from US tax benefit	130,571	67,326
Actual tax expense	$ 1,654,416	$ 1,722,655
Actual tax expense, Percentage	15.50%	25.30%
China 15% - 25% [Member]
Taxes Payable [Line Items]
Pretax income (loss)	$ 11,287,985	$ 7,015,501
Expected income tax expense (benefit)	2,821,996	1,753,875
High-tech income benefits on Jinong	(1,041,180)	(675,422)
Losses from subsidiaries in which no benefit is recognized	(126,400)	644,202
Change in valuation allowance on deferred tax asset from US tax benefit
Actual tax expense	$ 1,654,416	$ 1,722,655
Expected income tax expense (benefit), Percentage	25.00%	0.25%
High-tech income benefits on Jinong, Percentage	(9.50%)	(0.096%)
Losses from subsidiaries in which no benefit is recognized, Percentage	(1.10%)	0.092%
Change in valuation allowance on deferred tax asset from US tax benefit, Percentage
Actual tax expense, Percentage	14.70%	24.60%
United States 21% [Member]
Taxes Payable [Line Items]
Pretax income (loss)	$ (621,765)	$ (198,017)
Expected income tax expense (benefit)	(130,571)	(67,326)
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	130,571	67,326
Actual tax expense
Expected income tax expense (benefit), Percentage	21.00%	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	(21.00%)	(34.00%)
Actual tax expense, Percentage

Taxes Payable (Details Textual)

Taxes Payable (Details Textual) - USD ($)	Jan. 01, 2008	Sep. 30, 2018	Sep. 30, 2017
Taxes Payable (Textual)
Income tax expense (benefit)		$ 1,654,416	$ 1,722,655
Effective income tax rate reconciliation, percentage		15.50%	25.30%
Effective income tax rate reconciliation, federal		34.00%	34.00%
Value added tax rate		13.00%
September 1, 2015 through June 30, 2016 [Member]
Taxes Payable (Textual)
Value added tax rate		3.00%
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)		$ 1,041,180	$ 1,013,134
Enterprise Income Tax [Member] | Gufeng [Member]
Taxes Payable (Textual)
Income tax expense (benefit)		$ 395,255	$ 511,796
Effective income tax rate reconciliation, federal	25.00%

Stockholders' Equity (Details)

Stockholders' Equity (Details) - $ / shares	3 Months Ended
	Sep. 30, 2018	Jun. 30, 2018
Stockholders' Equity (Textual)
Preferred stock, shares authorized	20,000,000	20,000,000
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Preferred stock, description	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.
Common stock, shares issued	38,896,945	38,896,945
Common stock, shares outstanding	38,896,945	38,896,945

Concentrations (Details)

Concentrations (Details) - Supplier Concentration Risk [Member]	3 Months Ended
	Sep. 30, 2018USD ($)Vendors	Sep. 30, 2017Vendors
Four Vendor [Member]
Concentrations (Textual)
Concentration risk percentage	47.60%
Vendor concentration, description	The Company purchased more than 10% of its raw materials,
Number of vendor | Vendors	4
Total purchase amount | $	$ 26,676,809
Six Vendor [Member]
Concentrations (Textual)
Concentration risk percentage		64.60%
Vendor concentration, description		The Company purchased more than 10% of its raw materials,
Number of vendor | Vendors		6
Total purchase amount | $	$ 52,430,050

Segment Reporting (Details)

Segment Reporting (Details) - USD ($)		3 Months Ended
		Sep. 30, 2018	Sep. 30, 2017	Jun. 30, 2018
Schedule of segment reporting information, by segment
Revenues from unaffiliated customers:		$ 57,954,806	$ 62,128,651
Operating income:		10,739,854	6,874,285
Net income:		9,011,805	5,094,828
Depreciation and Amortization:		1,226,500	1,900,626
Interest expense		(162,686)	(179,575)
Capital Expenditure:		31,273	17,209
Identifiable assets:		469,635,433		$ 482,985,960
Stock compensation			1,303,645
Sales VIEs [Member]
Schedule of segment reporting information, by segment
Revenues from unaffiliated customers:		15,597,474	15,340,182
Operating income:		2,631,299	1,808,652
Net income:		2,420,029	(2,070,864)
Depreciation and Amortization:		186,806	186,606
Interest expense		123	4,016
Identifiable assets:		83,654,118		87,567,782
Green New Jersey - Reconciling item [Member]
Schedule of segment reporting information, by segment
Operating income:	[1]		2
Net income:	[1]	2	2
Identifiable assets:	[1]	582,901		512,622
Parent Company - Reconciling item [Member]
Schedule of segment reporting information, by segment
Operating income:	[2]	(621,764)	(198,019)
Net income:	[2]	(621,766)	198,019
Identifiable assets:	[2]	(2,879)		(2,879)
Jinong [Member]
Schedule of segment reporting information, by segment
Revenues from unaffiliated customers:		22,496,533	26,773,760
Operating income:		6,928,090	6,766,075
Net income:		5,900,016	5,741,090
Depreciation and Amortization:		198,258	853,743
Interest expense		69,442	70,836
Capital Expenditure:		3,036	3,341
Identifiable assets:		224,480,929		226,335,489
Gufeng [Member]
Schedule of segment reporting information, by segment
Revenues from unaffiliated customers:		17,473,251	18,222,066
Operating income:		1,609,052	2,106,213
Net income:		1,120,344	1,489,067
Depreciation and Amortization:		536,619	547,757
Interest expense		93,122	104,723
Capital Expenditure:		26,988	13,868
Identifiable assets:		160,920,365		168,572,947
Yuxing [Member]
Schedule of segment reporting information, by segment
Revenues from unaffiliated customers:		2,387,546	1,792,643
Operating income:		193,177	175,473
Net income:		193,178	175,622
Depreciation and Amortization:		304,818	312,519
Capital Expenditure:		1,249
Identifiable assets:
[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)	3 Months Ended
	Sep. 30, 2018Segments
Segment Reporting (Textual)
Number of operating segments	4
Number of business segments	4

Commitments and Contingencies_2

Commitments and Contingencies (Details)	Sep. 30, 2018USD ($)
Twelve Months ending March 31,
2,019	$ 47,940
2,020	47,940
2,021	47,940
2,022	47,940
2,023	$ 47,940

Commitments and Contingencies_3

Commitments and Contingencies (Details Textual)	1 Months Ended		3 Months Ended
	Jun. 29, 2016USD ($)ft²	Jun. 29, 2016CNY (¥)ft²	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)
Commitments and Contingencies (Textual)
Monthly rent expenses | $			$ 11,985	$ 14,716
Kingtone Information [Member]
Commitments and Contingencies (Textual)
Monthly rent expenses	$ 3,564	¥ 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, 2018	Sep. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Current Assets
Cash and cash equivalents	$ 153,154,657	$ 133,909,463	$ 150,805,639	$ 123,050,548
Accounts receivable, net	136,794,689		174,460,937
Inventories	85,975,555		53,784,814
Related party receivable	249,087		235,551
Advances to suppliers	18,497,101		25,194,463
Total Current Assets	398,462,437		407,426,651
Plant, Property and Equipment, Net	29,028,781		30,894,683
Other assets	14,821,931		15,885,696
Intangible Assets, Net	19,163,847		20,317,914
Goodwill	7,874,421		8,166,467
Total Assets	469,635,433		482,985,960
Current Liabilities
Short-term loan	4,368,000		4,726,300
Accounts payable	22,463,673		27,128,921
Customer deposits	5,785,249		7,251,967
Amount due to related parties	3,232,715		3,271,619
Total Current Liabilities	76,853,106		83,066,274
Long-term Liabilities
Long-term debt			3,549
Total Liabilities	84,063,634		90,438,173
Stockholders' equity	385,571,799		392,547,787
Total Liabilities and Stockholders' Equity	469,635,433		482,985,960
Revenue	57,954,806	62,128,651
Expenses	5,729,786	12,068,999
Net income	9,011,805	5,094,828
Variable Interest Entity [Member]
Current Assets
Cash and cash equivalents	1,174,732		374,587
Accounts receivable, net	35,129,065		38,295,505
Inventories	20,889,337		21,133,970
Other current assets	950,471		988,051
Related party receivable	249,087		(359,005)
Advances to suppliers	814,358		848,458
Total Current Assets	59,380,038		61,889,291
Plant, Property and Equipment, Net	10,548,189		11,206,667
Other assets	218,549		226,654
Intangible Assets, Net	10,724,735		11,348,180
Goodwill	3,181,816		3,319,732
Total Assets	84,053,327		87,990,524
Current Liabilities
Short-term loan
Accounts payable	20,951,481		25,584,614
Customer deposits	242,728		841,694
Accrued expenses and other payables	4,109,982		3,896,340
Amount due to related parties	41,903,021		43,339,286
Total Current Liabilities	67,207,212		73,661,934
Long-term Liabilities
Long-term debt
Total Liabilities	67,207,212		73,661,934
Stockholders' equity	16,846,115		14,328,590
Total Liabilities and Stockholders' Equity	84,053,327		$ 87,990,524
Revenue	17,985,020	17,132,823
Expenses	15,371,814	19,112,207
Net income	$ 2,613,206	$ (1,979,384)

Business Combinations (Details)

Business Combinations (Details) - USD ($)	Sep. 30, 2018	Jun. 30, 2018	Nov. 30, 2017	Jan. 01, 2017	Jun. 30, 2016
Business Acquisition [Line Items]
Goodwill	$ 7,874,421	$ 8,166,467
Total Assets	$ 469,635,433	$ 482,985,960
Variable Interest Entities [Member]
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
Zhenbai [Member]
Business Acquisition [Line Items]
Machinery and equipment				$ 222,875
Intangible assets			$ 896,559	1,440
Goodwill			538,488	684,400
Purchase price				2,764,787
Working Capital			1,179,352	941,192
Customer Relationship			684,727	522,028
Non-compete Agreement			211,833	$ 392,852
Total Assets			$ 614,401

Business Combinations (Details

Business Combinations (Details 1) - USD ($)	Nov. 30, 2017	Jan. 01, 2017	Jun. 30, 2016
Business Acquisition [Line Items]
Cash		$ 1,201,888
Convertible notes		1,559,350
Derivative liability		3,549
Total Payback		$ 2,764,787
Variable Interest Entities [Member]
Business Acquisition [Line Items]
Cash			$ 5,568,500
Convertible notes			6,671,769
Derivative liability			144,818
Total Payback			$ 12,385,087
Zhenbai [Member]
Business Acquisition [Line Items]
Cash	$ 461,330
Interest Payable	83,039
Convertible notes	1,724,683
Derivative liability	13,353
Total Payback	282,406
Net Loss	$ 331,995