Enlightify (ENFY) 10-Q 14 Feb 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Dec. 31, 2018	Feb. 02, 2019
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	Dec. 31, 2018
Document Fiscal Period Focus	Q2
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		39,546,945

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2018	Jun. 30, 2018
Current Assets
Cash and cash equivalents	$ 117,546,683	$ 150,805,639
Accounts receivable, net	120,505,844	174,460,937
Inventories	115,013,591	53,784,814
Prepaid expenses and other current assets	3,173,718	2,945,247
Amount due from related parties	0	235,551
Advances to suppliers, net	40,777,894	25,194,463
Total Current Assets	397,017,730	407,426,651
Plant, Property and Equipment, Net	28,227,394	30,894,683
Other Assets	267,539	294,550
Other Non-current Assets	14,311,626	15,885,696
Intangible Assets, Net	18,710,644	20,317,914
Goodwill	7,863,605	8,166,467
Total Assets	466,398,538	482,985,960
Current Liabilities
Accounts payable	13,312,634	27,128,921
Customer deposits	6,862,214	7,251,967
Accrued expenses and other payables	11,286,369	10,207,058
Amount due to related parties	3,640,504	3,271,619
Taxes payable	31,071,532	29,952,206
Short term loans	4,362,000	4,726,300
Interest payable	582,327	462,060
Derivative liability	2,248	66,143
Total Current Liabilities	71,119,828	83,066,274
Long-term Liabilities
Convertible notes payable	7,302,743	7,371,899
Total Liabilities	78,422,571	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, 39,546,945 and 38,896,945, shares issued and outstanding as of December 31, 2018 and June 30, 2018, respectively	39,547	38,897
Additional paid-in capital	129,706,886	129,337,035
Statutory reserve	31,399,827	30,947,344
Retained earnings	246,887,783	235,822,726
Accumulated other comprehensive income	(20,058,076)	(3,598,215)
Total Stockholders' Equity	387,975,967	392,547,787
Total Liabilities and Stockholders' Equity	$ 466,398,538	$ 482,985,960

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 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	39,546,945	38,896,945
Common stock, shares outstanding	39,546,945	38,896,945

Consolidated Statements of Inco

Consolidated Statements of Income and Comprehensive Income (Loss) (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Sales
Net sales	$ 52,254,463	$ 63,599,325	$ 110,209,269	$ 125,727,976
Cost of goods sold
Cost of goods sold	40,010,238	45,097,113	81,495,404	88,282,480
Gross profit	12,244,225	18,502,212	28,713,865	37,445,496
Operating expenses
Selling expenses	8,069,103	7,668,468	11,489,530	12,822,665
General and administrative expenses	(99,632)	902,883	2,209,728	7,817,685
Total operating expenses	7,969,471	8,571,351	13,699,258	20,640,350
Income from operations	4,274,754	9,930,861	15,014,607	16,805,146
Other income (expense)
Other income (expense)	(187,753)	(276,836)	(226,083)	(284,047)
Discontinued VIE operation - Zhenbai		(330,966)		(330,966)
Interest income	95,957	130,248	223,341	218,162
Interest expense	(149,578)	(94,587)	(312,264)	(274,162)
Total other income (expense)	(241,374)	(572,141)	(315,006)	(671,013)
Income before income taxes	4,033,380	9,358,720	14,699,601	16,134,133
Provision for income taxes	1,527,645	1,530,938	3,182,061	3,253,593
Net income from continuing operations, net of tax	2,505,735	7,827,782	11,517,540	12,880,540
Net income from discontinued operation, net of tax		(1,676)		40,394
Net income, net of tax	2,505,735	7,826,107	11,517,540	12,920,934
Other comprehensive income (loss)
Foreign currency translation gain (loss)	(472,069)	8,256,738	(16,459,861)	8,496,956
Comprehensive income (loss)	$ 2,033,666	$ 16,082,845	$ (4,942,321)	$ 21,417,890
Basic weighted average shares outstanding	39,546,945	38,551,264	39,546,945	38,551,264
Basic net earnings per share from continuing operations	$ 0.06	$ 0.2	$ 0.29	$ 0.33
Basic net earnings per share from discontinued operations		$ 0		$ 0
Diluted weighted average shares outstanding	39,546,945	38,551,264	39,546,945	38,185,277
Diluted net earnings per share from continuing operations	$ 0.06	$ 0.2	$ 0.29	$ 0.34
Diluted net earnings per share from discontinued operations		$ 0		$ 0
Jinong
Sales
Net sales	$ 16,987,360	$ 26,211,280	$ 39,483,893	$ 52,985,040
Cost of goods sold
Cost of goods sold	8,994,882	13,265,827	20,198,054	26,378,583
Gufeng
Sales
Net sales	22,355,690	24,447,721	39,828,941	42,669,787
Cost of goods sold
Cost of goods sold	19,764,817	21,160,024	35,069,680	37,146,453
Yuxing
Sales
Net sales	2,623,493	1,953,748	5,011,039	3,746,391
Cost of goods sold
Cost of goods sold	2,166,566	1,536,238	4,213,729	2,928,791
VIEs - others
Sales
Net sales	10,287,920	10,986,576	25,885,396	26,326,758
Cost of goods sold
Cost of goods sold	$ 9,083,973	$ 9,135,024	$ 22,013,941	$ 21,828,653

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Cash flows from operating activities
Net income	$ 11,517,540	$ 12,880,541
Income from discontinued operations, net of income taxes
Income from continuing operations, net of income taxes
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation and amortization	2,434,189	3,406,443
Gain (Loss) on disposal of plant, property and equipment	4,415	15,318
Amortization of debt discount	204,765	377,450
Issuance of common stock for consulting services	370,500
Change in fair value of derivative liability	(61,601)	(114,233)
Changes in operating assets
Accounts receivable	47,607,489	19,963,077
Amount due from related parties	227,400	1,436,875
Other current assets	1,618,463	1,019,062
Inventories	(63,386,505)	(25,549,564)
Advances to suppliers	(16,560,396)	4,106,058
Other assets	(969,558)	974,189
Changes in operating liabilities
Accounts payable	(12,851,196)	2,694,536
Customer deposits	(121,118)	(226,314)
Tax payables	1,157,226	(554,210)
Accrued expenses and other payables	1,227,568	988,125
Interest payable	137,757	142,283
Net cash provided by (used in) continuing operating activities	(27,443,062)	21,559,636
Net cash provided by (used in) discontinued operating activities	0	(1,024,276)
Net cash provided by (used in) operating activities	(27,443,062)	20,535,360
Cash flows from investing activities
Purchase of plant, property, and equipment	(57,195)	(11,758)
Change in construction in process	16,128	(11,328)
Net cash used in investing activities	(41,067)	(23,086)
Cash flows from financing activities
Proceeds from loans	0	153,300
Repayment of loans	(189,508)	(1,678,603)
Advance from related parties	409,230	195,013
Net cash provided by (used in) financing activities	219,722	(1,330,290)
Effect of exchange rate change on cash and cash equivalents	(5,994,548)	3,184,627
Net increase in cash and cash equivalents	(33,258,955)	22,366,611
Cash and cash equivalents, beginning balance	150,805,639	123,050,548
Cash and cash equivalents, ending balance	117,546,683	145,417,159
Supplement disclosure of cash flow information
Interest expense paid	105,733	206,368
Income taxes paid	$ 2,024,835	$ 3,807,803

Organization and Description of

Organization and Description of Business	6 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [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 December 31, 2018, is set forth in the diagram below:

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	6 Months Ended
	Dec. 31, 2018
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 of 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 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 December 31 and June 30, 2018, were $117,546,683 and $150,805,639, respectively. The Company had $117,296,696 and $150,785,737 in cash in banks in China and had $249,987 and $19,902 in cash in two banks in the United States as of December 31 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 creditworthiness, 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 December 31, 2018, and June 30, 2018, the Company had accounts receivable of $120,505,844 and $174,460,937, net of allowance for doubtful accounts of $17,699,871 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. On December 31, 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 an impairment of intangible assets as of December 31, 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 December 31, 2018, and June 30, 2018, the Company had customer deposits of $6,862,214 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 are 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 December 31, 2018 2017 Net Income from continuing operations for Basic Earnings Per Share 2,505,735 7,827,782 Net Income from discontinued operations for Basic Earnings Per Share $ 0 $ (1,676 ) Basic Weighted Average Number of Shares 39,546,945 38,511,264 Basic net earnings per share from continuing operations 0.06 0.20 Basic net earnings per share from discontinued operations $ 0.00 $ 0.00 Net Income from continuing operations for Diluted Earnings Per Share 7,827,782 Net Income from discontinued operations for Diluted Earnings Per Share $ 2,505,735 $ (1,676 ) Diluted Weighted Average Number of Shares 39,546,945 38,551,264 Diluted net earnings per share from continuing operations 0.06 0.20 Diluted net earnings per share from discontinued operations $ 0.00 $ 0.00 Six Months Ended December 31, 2018 2017 Net Income from continuing operations for Basic Earnings Per Share 11,517,540 12,880,540 Net Income from discontinued operation for Basic Earnings Per Share $ 0 $ 40,394 Basic Weighted Average Number of Shares 39,546,945 38,551,264 Basic net earnings per share from continuing operations 0.29 0.33 Basic net earnings per share from discontinued operations $ 0 $ 0.00 Net Income from continuing operations for Diluted Earnings Per Share 11,517,540 12,880,540 Net Income from discontinued operations for Diluted Earnings Per Share $ 0 $ 40,394 Diluted Weighted Average Number of Shares 39,546,945 38,551,264 Diluted net earnings per share from continuing operations 0.29 0.34 Diluted net earnings per share from discontinued operations $ 0 $ 0 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 payment awards, ASU 2017-09 are effective for interim and annual reporting periods beginning after December 15, 2017. The Company is currently assessing the impact of ASU 2017-09 on its condensed consolidated financial statements. Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future financial statements.

Inventories

Inventories	6 Months Ended
	Dec. 31, 2018
Inventory Disclosure [Abstract]
INVENTORIES	NOTE 3 – INVENTORIES Inventories consisted of the following: December 31, June 30, 2018 2018 Raw materials $ 39,755,211 $ 13,154,465 Supplies and packing materials $ 486,032 $ 566,254 Work in progress $ 385,082 $ 417,130 Finished goods $ 74,387,266 $ 39,646,965 Total $ 115,013,591 $ 53,784,814

Property, Plant, and Equipment

Property, Plant, and Equipment	6 Months Ended
	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT, AND EQUIPMENT	NOTE 4 – PROPERTY, PLANT, AND EQUIPMENT Property, plant and equipment consisted of the following: December 31, June 30, 2018 2018 Building and improvements $ 38,824,105 $ 40,319,393 Auto 3,383,116 3,504,028 Machinery and equipment 18,098,079 18,765,192 Agriculture assets 740,026 768,528 Total property, plant, and equipment 61,045,325 63,357,141 Less: accumulated depreciation (32,817,931 ) (32,462,458 ) Total $ 28,227,394 $ 30,894,683

Intangible Assets

Intangible Assets	6 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	NOTE 5 – INTANGIBLE ASSETS Intangible assets consisted of the following: December 31, June 30, 2018 2018 Land use rights, net $ 9,445,315 $ 9,930,420 Technology patent, net 3,219 3,570 Customer relationships, net 2,808,791 3,578,724 Non-compete agreement 535,539 659,500 Trademarks 5,917,780 6,145,700 Total $ 18,710,644 $ 20,317,914 LAND USE RIGHT On September 25, 2009, Yuxing was granted 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 $10,641,084). 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 $152,081). 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 $1,059,253). The intangible asset is being amortized over the grant period of 50 years. The Land Use Rights consisted of the following: December 31, June 30, 2018 2018 Land use rights $ 11,852,416 12,308,907 Less: accumulated amortization (2,407,101 ) (2,378,488 ) Total land use rights, net $ 9,445,315 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 $854,235) 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 $1,337,680) and is amortized over the remaining useful life of six years using the straight-line method. As of December 31, 2018, this technology patent is fully amortized. The technology know-how consisted of the following: December 31, June 30, 2018 2018 Technology know-how $ 2,196,693 $ 2,276,335 Less: accumulated amortization (2,196,693 ) (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 $9,451,000) 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 $2,395,055) and is amortized over the remaining useful life of seven to ten years. December 31, June 30, 2018 2018 Customer relationships $ 11,592,684 $ 12,039,169 Less: accumulated amortization (8,783,893 ) (8,460,445 ) Total customer relationships, net $ 2,808,791 $ 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 $191,928) 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 $894,309) and is amortized over the remaining useful life of five years using the straight-line method. December 31, June 30, 2018 2018 Non-compete agreement $ 1,186,964 $ 1,232,680 Less: accumulated amortization (651,425 ) (573,180 ) Total non-compete agreement, net $ 535,539 $ 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 $5,917,780) and is subject to an annual impairment test. AMORTIZATION EXPENSE Estimated amortization expenses of intangible assets for the next five twelve months periods ended December 31 are as follows: Twelve Months Ended on September 30, Expense ($) 2019 1,838,839 2020 1,306,324 2021 729,135 2022 563,663 2023 496,482

Other Non-Current Assets

Other Non-Current Assets	6 Months Ended
	Dec. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [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 December 31, 2018, the balance of other non-current assets was $16,263,621, 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 $1 million as expenses for the six months ended December 31, 2018. Estimated amortization expenses of the lease advance payments for the next four twelve-month periods ended December 31 and thereafter are as follows: Twelve months ending December 31, 2019 $ 1,951,995 2020 $ 1,951,995 2021 $ 1,951,995 2022 $ 1,951,995 2023 and thereafter $ 8,455,641

Accrued Expenses and Other Paya

Accrued Expenses and Other Payables	6 Months Ended
	Dec. 31, 2018
Payables and Accruals [Abstract]
ACCRUED EXPENSES AND OTHER PAYABLES	NOTE 7 - ACCRUED EXPENSES AND OTHER PAYABLES Accrued expenses and other payables consisted of the following: December 31, June 30, 2018 2018 Payroll payable $ 25,925 $ 13,788 Welfare payable 149,274 155,023 Accrued expenses 6,172,604 5,368,348 Other payables 4,816,624 4,543,261 Other levy payable 121,942 126,638 Total $ 11,286,369 $ 10,207,058

Related Parties Transactions

Related Parties Transactions	6 Months Ended
	Dec. 31, 2018
Related Party 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 $3,707,700). For the six months ended December 31, 2018 and 2017, Yuxing has sold approximately $198,115 and $181,201 products to 900LH.com. The amount due from 900LH.com to Yuxing was $0 and $235,551 as of December 31 and June 30, 2018, respectively. As of December 31, 2018, and June 30, 2018, the amount due to related parties was $3,640,504 and $3,271,619, respectively. As of December 31, 2018, and June 30, 2018, $1,017,800 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 December 31, 2018, and June 30, 2018, the Company’s subsidiary, Jinong, owed 900LH.com $402,234 and $393,565, respectively. On June 29, 2018, Jinong renewed the 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 four-year term effective as of July 1, 2018, with a monthly rent of RMB24,480 (approximately $3,559)

Loan Payables

Loan Payables	6 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
LOAN PAYABLES	NOTE 9- LOAN PAYABLES As of December 31, 2018, the short-term loan payables consisted of two loans which mature on dates ranging from May 21 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 December 31, 2018 1 Bank of Beijing - Pinggu Branch May 22, 2018-May 21, 2019 5.22 % 1,454,000 2 Postal Saving Bank of China - Pinggu Branch June 19, 2018-June 18, 2019 6.31 % 2,908,000 Total $ 4,362,000 The interest expense from short-term loans was $312,264 and $274,162 for the six months ended December 31, 2018 and 2017, respectively.

Convertible Notes Payable

Convertible Notes Payable	6 Months Ended
	Dec. 31, 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 ($7,415,400) 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 maturity 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 ($1,744,800) 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 note payable was RMB 50,225,192 ($7,302,743) and RMB 48,820,525 ($7,371,899) as of December 31, 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 December 31, 2018, the accumulated amortization of this discount into accretion expenses was $1,126,814.

Taxes Payable

Taxes Payable	6 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [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 were 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 six-month period ended December 31, 2018 and 2017 of $ 1,356,998 and $1,845,926, respectively, which is mainly due to the operating income from Jinong. Gufeng is subject to a 25% EIT rate and thus it made provision for income taxes of $1,071,227 and $1,106,590 for the six months ended December 31, 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 December 31, June 30, 2018 2018 VAT provision $ (343,283 ) $ (449,140 ) Income tax payable 1,598,671 554,065 Other levies 805,609 836,747 Total $ 2,060,997 $ 941,672 The provision for income taxes consists of the following December 31, June 30, 2018 2018 Current tax - foreign $ 3,182,061 $ 6,841,592 Repatriation Tax - 29,010,535 Total $ 3,182,061 $ 35,852,127 Our effective tax rates were approximately 21.6% and 20.1% for the six months ended December 31, 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 21% to income before income taxes for the three months ended December 31, 2018 and 2017 for the following reasons: December 31, 2018 Tax Rate Reconciliation China United States December 31, 2018 15% - 25% 21% Total Pretax income (loss) $ 15,663,575 (963,974 ) $ 14,699,601 Expected income tax expense (benefit) 3,915,894 25.0 % (202,435 ) 21.0 % 3,713,459 High-tech income benefits on Jinong (904,666 ) (5.8 )% - - (904,666 ) Losses from subsidiaries in which no benefit is recognized 170,833 1.1 % - - 170,833 Change in valuation allowance on deferred tax asset from US tax benefit - 202,435 (21.0 )% 202,435 Actual tax expense $ 3,182,061 20.3 % $ - - % $ 3,182,061 21.6 % China United States December 31, 2017 15% - 25% 34% Total Pretax income (loss) $ 16,805,296 $ (630,768 ) $ 16,174,528 Expected income tax expense (benefit) 4,201,324 25 % (214,461 ) 34 % 3,986,863 High-tech income benefits on Jinong (1,230,618 ) -7.3 % (1,230,618 )) Losses from subsidiaries in which no benefit is recognized 282,887 1.7 % 282,887 Change in valuation allowance on deferred tax asset from US tax benefit 0 214,461 -34 % 214,461 Actual tax expense $ 3,253,593 19.4 % $ 0 0.00 % $ 3,253,593 20.1 %

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Dec. 31, 2018
Equity [Abstract]
STOCKHOLDERS' EQUITY	NOTE 12 – STOCKHOLDERS’ EQUITY Common Stock In December 2018, the Company issued an aggregate of 650,000 shares of common stock to pay off consulting services under the 2009 Plan. The value of the stock was $370,500 and is based on the fair value of the Company’s common stock on the grant date. There was no share issuance of common stock during the three and six months ended December 31, 2017. As of December 31, and June 30, 2018, there were 39,546,945 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 December 31, 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	6 Months Ended
	Dec. 31, 2018
Risks and Uncertainties [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 three vendors from each of which the Company purchased more than 10% of its raw materials, with the total of 34.3% of its raw materials for the six months ended December 31, 2018. Total purchases from these three vendors amounted to $33,149,745 for the six-month period ended December 31, 2018. None of the vendors accounted for over 10% of the Company’s purchase of raw materials and supplies for the six months ended December 31, 2017. No customer accounted for over 10% of the Company’s sales for the six months ended December 31, 2018 and 2017.

Segment Reporting

Segment Reporting	6 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
SEGMENT REPORTING	NOTE 14 – SEGMENT REPORTING As of December 31, 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 Three Months Ended Six Months Ended Six Months Ended Revenues from unaffiliated customers: 2018 2017 2018 2017 Jinong $ 16,987,360 $ 26,211,280 $ 39,483,893 $ 52,985,040 Gufeng 22,355,690 24,447,721 39,828,941 42,669,787 Yuxing 2,623,493 1,953,748 5,011,039 3,746,391 Sales VIEs 10,287,922 10,986,576 25,885,396 26,326,758 Consolidated $ 52,254,465 $ 63,599,325 $ 110,209,269 $ 125,727,976 Operating income: Jinong $ 2,171,448 $ 5,577,154 $ 9,099,538 $ 12,343,229 Gufeng 2,493,457 2,549,525 4,102,509 4,655,738 Yuxing (3,796,684 ) 222,275 (3,603,507 ) 397,748 Sales VIEs 3,748,752 2,014,662 6,380,051 39,203 Reconciling item (1) 0 (2 ) 0 0 Reconciling item (2) (342,219 ) (432,753 ) (963,984 ) (630,772 ) Consolidated $ 4,274,754 $ 9,930,861 $ 15,014,607 $ 16,805,146 Net income: Jinong $ 1,789,640 $ 4,719,159 $ 7,689,656 $ 10,460,249 Gufeng 1,731,121 1,727,764 2,851,465 3,216,831 Yuxing (3,796,526 ) 222,869 (3,603,348 ) 398,491 Sales VIEs 3,136,310 1,915,799 5,556,339 (239,204 ) Reconciling item (1) 8 2 10 3 Reconciling item (2) (342,218 ) (432,753 ) (963,984 ) (630,772 ) Reconciling item (3) (12,598 ) (325,058 ) (12,598 ) (325,058 ) Consolidated $ 2,505,735 $ 7,827,782 $ 11,517,540 $ 12,880,540 Depreciation and Amortization: Jinong $ 194,706 $ 422,383 $ 392,964 $ 1,276,126 Gufeng 529,305 552,299 1,065,924 1,100,057 Yuxing 299,900 315,282 604,719 627,801 Sales VIEs 183,777 210,482 370,583 430,405 Consolidated $ 1,207,689 $ 1,500,446 $ 2,434,189 $ 3,434,389 Interest expense: Jinong 68,317 71,447 137,758 142,283 Gufeng 81,384 101,645 174,506 206,368 Yuxing 0 0 0 0 Sales VIEs (123 ) (78,505 ) 0 (74,489 ) Consolidated $ 149,578 $ 94,587 $ 312,264 $ 274,162 Capital Expenditure: Jinong $ 456 $ 808 $ 3,492 $ 4,149 Gufeng 18,616 297 45,604 14,165 Yuxing 6,850 4,773 8,099 4,773 Sales VIEs 0 0 0 0 Consolidated $ 25,922 $ 5,878 $ 57,195 $ 23,086 As of December 31, June 30, 2018 2018 Identifiable assets: Jinong $ 191,790,465 $ 226,335,489 Gufeng 198,089,974 168,572,947 Yuxing 0 0 Sales VIEs 75,698,359 87,567,782 Reconciling item (1) 822,619 512,622 Reconciling item (2) (2,879 ) (2,879 ) Consolidated $ 466,398,538 $ 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. (3) Reconciling amounts refer to the adjustment for net gain on derivative liability on convertible bonds.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [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 a monthly rent of $3,559 (approximately RMB 24,480). In February 2004, Tianjuyuan signed a fifty-year lease with the village committee of Dong Gao Village and Zhen Nan Zhang Dai Village in the Beijing Ping Gu District, at a monthly rent of $430 (RMB 2,958). Accordingly, the Company recorded an aggregate of $23,937 and $30,020 as rent expenses from these committed property leases for the six-month periods ended December 31, 2018 and 2017, respectively. The contingent rent expenses herein for the next five twelve-month periods ended December 31 are as follows: Years ending December 31, 2019 $ 47,874 2020 47,874 2021 47,874 2022 47,874 2023 47,874

Variable Interest Entities

Variable Interest Entities	6 Months Ended
	Dec. 31, 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 most 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 into 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 December 31 and June 30, 2018: December 31, June 30, 2018 2018 ASSETS Current Assets Cash and cash equivalents $ 2,216,592 $ 982,312 Accounts receivable, net 19,385,523 38,295,505 Inventories 25,072,690 21,133,970 Other current assets 703,112 988,051 Related party receivable 0 (359,005 Advances to suppliers 4,182,891 848,458 Total Current Assets 51,560,808 61,889,291 Plant, Property and Equipment, Net 10,281,928 11,206,667 Other assets 218,249 226,654 Intangible Assets, Net 10,569,436 11,348,180 Goodwill 3,204,371 3,319,732 Total Assets $ 75,834,792 $ 87,990,524 LIABILITIES AND STOCKHOLDERS’ EQUITY Current Liabilities Short-term loan $ 0 $ 0 Accounts payable 11,903,980 25,584,614 Customer deposits 618,762 841,694 Accrued expenses and other payables 5,151,624 3,896,340 Amount due to related parties 41,805,103 43,339,286 Total Current Liabilities $ 59,479,469 $ 73,661,934 Long-term Loan 0 0 Total Liabilities $ 59,479,469 $ 73,661,934 Stockholders’ equity 16,355,323 14,328,590 Total Liabilities and Stockholders’ Equity 75,834,792 $ 87,990,524 Three Months Ended 2018 2017 Revenue $ 12,911,414 $ 13,304,643 Expenses 13,571,628 10,989,225 Net income $ (660,214 ) $ 2,136,994 Six Months Ended 2018 2017 Revenue $ 30,896,434 $ 31,077,318 Expenses 28,943,442 25,590,542 Net income $ 1,952,992 $ 199,680

Business Combinations

Business Combinations	6 Months Ended
	Dec. 31, 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 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)	6 Months Ended
	Dec. 31, 2018
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 of 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 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 December 31 and June 30, 2018, were $117,546,683 and $150,805,639, respectively. The Company had $117,296,696 and $150,785,737 in cash in banks in China and had $249,987 and $19,902 in cash in two banks in the United States as of December 31 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 creditworthiness, 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 December 31, 2018, and June 30, 2018, the Company had accounts receivable of $120,505,844 and $174,460,937, net of allowance for doubtful accounts of $17,699,871 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. On December 31, 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 an impairment of intangible assets as of December 31, 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 December 31, 2018, and June 30, 2018, the Company had customer deposits of $6,862,214 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 are 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 December 31, 2018 2017 Net Income from continuing operations for Basic Earnings Per Share 2,505,735 7,827,782 Net Income from discontinued operations for Basic Earnings Per Share $ 0 $ (1,676 ) Basic Weighted Average Number of Shares 39,546,945 38,511,264 Basic net earnings per share from continuing operations 0.06 0.20 Basic net earnings per share from discontinued operations $ 0.00 $ 0.00 Net Income from continuing operations for Diluted Earnings Per Share 7,827,782 Net Income from discontinued operations for Diluted Earnings Per Share $ 2,505,735 $ (1,676 ) Diluted Weighted Average Number of Shares 39,546,945 38,551,264 Diluted net earnings per share from continuing operations 0.06 0.20 Diluted net earnings per share from discontinued operations $ 0.00 $ 0.00 Six Months Ended December 31, 2018 2017 Net Income from continuing operations for Basic Earnings Per Share 11,517,540 12,880,540 Net Income from discontinued operation for Basic Earnings Per Share $ 0 $ 40,394 Basic Weighted Average Number of Shares 39,546,945 38,551,264 Basic net earnings per share from continuing operations 0.29 0.33 Basic net earnings per share from discontinued operations $ 0 $ 0.00 Net Income from continuing operations for Diluted Earnings Per Share 11,517,540 12,880,540 Net Income from discontinued operations for Diluted Earnings Per Share $ 0 $ 40,394 Diluted Weighted Average Number of Shares 39,546,945 38,551,264 Diluted net earnings per share from continuing operations 0.29 0.34 Diluted net earnings per share from discontinued operations $ 0 $ 0
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 payment awards, ASU 2017-09 are effective for interim and annual reporting periods beginning after December 15, 2017. The Company is currently assessing the impact of ASU 2017-09 on its condensed consolidated financial statements. Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future financial statements.

Basis of Presentation and Sum_3

Basis of Presentation and Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Schedule of components of basic and diluted earnings per share	Three Months Ended December 31, 2018 2017 Net Income from continuing operations for Basic Earnings Per Share 2,505,735 7,827,782 Net Income from discontinued operations for Basic Earnings Per Share $ 0 $ (1,676 ) Basic Weighted Average Number of Shares 39,546,945 38,511,264 Basic net earnings per share from continuing operations 0.06 0.20 Basic net earnings per share from discontinued operations $ 0.00 $ 0.00 Net Income from continuing operations for Diluted Earnings Per Share 7,827,782 Net Income from discontinued operations for Diluted Earnings Per Share $ 2,505,735 $ (1,676 ) Diluted Weighted Average Number of Shares 39,546,945 38,551,264 Diluted net earnings per share from continuing operations 0.06 0.20 Diluted net earnings per share from discontinued operations $ 0.00 $ 0.00 Six Months Ended December 31, 2018 2017 Net Income from continuing operations for Basic Earnings Per Share 11,517,540 12,880,540 Net Income from discontinued operation for Basic Earnings Per Share $ 0 $ 40,394 Basic Weighted Average Number of Shares 39,546,945 38,551,264 Basic net earnings per share from continuing operations 0.29 0.33 Basic net earnings per share from discontinued operations $ 0 $ 0.00 Net Income from continuing operations for Diluted Earnings Per Share 11,517,540 12,880,540 Net Income from discontinued operations for Diluted Earnings Per Share $ 0 $ 40,394 Diluted Weighted Average Number of Shares 39,546,945 38,551,264 Diluted net earnings per share from continuing operations 0.29 0.34 Diluted net earnings per share from discontinued operations $ 0 $ 0

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Dec. 31, 2018
Inventory Disclosure [Abstract]
Schedule of inventories	December 31, June 30, 2018 2018 Raw materials $ 39,755,211 $ 13,154,465 Supplies and packing materials $ 486,032 $ 566,254 Work in progress $ 385,082 $ 417,130 Finished goods $ 74,387,266 $ 39,646,965 Total $ 115,013,591 $ 53,784,814

Property, Plant, and Equipment

Property, Plant, and Equipment (Tables)	6 Months Ended
	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Schedule of property, plant and equipment	December 31, June 30, 2018 2018 Building and improvements $ 38,824,105 $ 40,319,393 Auto 3,383,116 3,504,028 Machinery and equipment 18,098,079 18,765,192 Agriculture assets 740,026 768,528 Total property, plant, and equipment 61,045,325 63,357,141 Less: accumulated depreciation (32,817,931 ) (32,462,458 ) Total $ 28,227,394 $ 30,894,683

Intangible Assets (Tables)

Intangible Assets (Tables)	6 Months Ended
	Dec. 31, 2018
Finite-Lived Intangible Assets [Line Items]
Schedule of impaired intangible assets	December 31, June 30, 2018 2018 Land use rights, net $ 9,445,315 $ 9,930,420 Technology patent, net 3,219 3,570 Customer relationships, net 2,808,791 3,578,724 Non-compete agreement 535,539 659,500 Trademarks 5,917,780 6,145,700 Total $ 18,710,644 $ 20,317,914
Schedule of finite-lived intangible assets, future amortization expense	Twelve Months Ended on September 30, Expense ($) 2019 1,838,839 2020 1,306,324 2021 729,135 2022 563,663 2023 496,482
Land Use Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Schedule of impaired intangible assets	December 31, June 30, 2018 2018 Land use rights $ 11,852,416 12,308,907 Less: accumulated amortization (2,407,101 ) (2,378,488 ) Total land use rights, net $ 9,445,315 9,930,419
Technology Patent [Member]
Finite-Lived Intangible Assets [Line Items]
Schedule of impaired intangible assets	December 31, June 30, 2018 2018 Technology know-how $ 2,196,693 $ 2,276,335 Less: accumulated amortization (2,196,693 ) (2,276,335 ) Total technology know-how, net $ - $ -
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Schedule of impaired intangible assets	December 31, June 30, 2018 2018 Customer relationships $ 11,592,684 $ 12,039,169 Less: accumulated amortization (8,783,893 ) (8,460,445 ) Total customer relationships, net $ 2,808,791 $ 3,578,724
Non-compete agreement [Member]
Finite-Lived Intangible Assets [Line Items]
Schedule of impaired intangible assets	December 31, June 30, 2018 2018 Non-compete agreement $ 1,186,964 $ 1,232,680 Less: accumulated amortization (651,425 ) (573,180 ) Total non-compete agreement, net $ 535,539 $ 659,500

Other Non-Current Assets (Table

Other Non-Current Assets (Tables)	6 Months Ended
	Dec. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of estimated amortization expenses of the lease advance payments	Twelve months ending December 31, 2019 $ 1,951,995 2020 $ 1,951,995 2021 $ 1,951,995 2022 $ 1,951,995 2023 and thereafter $ 8,455,641

Accrued Expenses and Other Pa_2

Accrued Expenses and Other Payables (Tables)	6 Months Ended
	Dec. 31, 2018
Payables and Accruals [Abstract]
Schedule of accrued expenses and other payables	December 31, June 30, 2018 2018 Payroll payable $ 25,925 $ 13,788 Welfare payable 149,274 155,023 Accrued expenses 6,172,604 5,368,348 Other payables 4,816,624 4,543,261 Other levy payable 121,942 126,638 Total $ 11,286,369 $ 10,207,058

Loan Payables (Tables)

Loan Payables (Tables)	6 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Summary of loan payables	No. Payee Loan period per agreement Interest Rate December 31, 2018 1 Bank of Beijing - Pinggu Branch May 22, 2018-May 21, 2019 5.22 % 1,454,000 2 Postal Saving Bank of China - Pinggu Branch June 19, 2018-June 18, 2019 6.31 % 2,908,000 Total $ 4,362,000

Convertible Notes Payable (Tabl

Convertible Notes Payable (Tables)	6 Months Ended
	Dec. 31, 2018
Convertible Notes Payable [Abstract]
Schedule 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)	6 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Schedule of income taxes and related payables	December 31, June 30, 2018 2018 VAT provision $ (343,283 ) $ (449,140 ) Income tax payable 1,598,671 554,065 Other levies 805,609 836,747 Total $ 2,060,997 $ 941,672
Schedule of provision for income taxes	December 31, June 30, 2018 2018 Current tax - foreign $ 3,182,061 $ 6,841,592 Repatriation Tax - 29,010,535 Total $ 3,182,061 $ 35,852,127
Schedule of effective income tax rate reconciliation	China United States December 31, 2018 15% - 25% 21% Total Pretax income (loss) $ 15,663,575 (963,974 ) $ 14,699,601 Expected income tax expense (benefit) 3,915,894 25.0 % (202,435 ) 21.0 % 3,713,459 High-tech income benefits on Jinong (904,666 ) (5.8 )% - - (904,666 ) Losses from subsidiaries in which no benefit is recognized 170,833 1.1 % - - 170,833 Change in valuation allowance on deferred tax asset from US tax benefit - 202,435 (21.0 )% 202,435 Actual tax expense $ 3,182,061 20.3 % $ - - % $ 3,182,061 21.6 % China United States December 31, 2017 15% - 25% 34% Total Pretax income (loss) $ 16,805,296 $ (630,768 ) $ 16,174,528 Expected income tax expense (benefit) 4,201,324 25 % (214,461 ) 34 % 3,986,863 High-tech income benefits on Jinong (1,230,618 ) -7.3 % (1,230,618 )) Losses from subsidiaries in which no benefit is recognized 282,887 1.7 % 282,887 Change in valuation allowance on deferred tax asset from US tax benefit 0 214,461 -34 % 214,461 Actual tax expense $ 3,253,593 19.4 % $ 0 0.00 % $ 3,253,593 20.1 %

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
Schedule of segment reporting information	Three Months Ended Three Months Ended Six Months Ended Six Months Ended Revenues from unaffiliated customers: 2018 2017 2018 2017 Jinong $ 16,987,360 $ 26,211,280 $ 39,483,893 $ 52,985,040 Gufeng 22,355,690 24,447,721 39,828,941 42,669,787 Yuxing 2,623,493 1,953,748 5,011,039 3,746,391 Sales VIEs 10,287,922 10,986,576 25,885,396 26,326,758 Consolidated $ 52,254,465 $ 63,599,325 $ 110,209,269 $ 125,727,976 Operating income: Jinong $ 2,171,448 $ 5,577,154 $ 9,099,538 $ 12,343,229 Gufeng 2,493,457 2,549,525 4,102,509 4,655,738 Yuxing (3,796,684 ) 222,275 (3,603,507 ) 397,748 Sales VIEs 3,748,752 2,014,662 6,380,051 39,203 Reconciling item (1) 0 (2 ) 0 0 Reconciling item (2) (342,219 ) (432,753 ) (963,984 ) (630,772 ) Consolidated $ 4,274,754 $ 9,930,861 $ 15,014,607 $ 16,805,146 Net income: Jinong $ 1,789,640 $ 4,719,159 $ 7,689,656 $ 10,460,249 Gufeng 1,731,121 1,727,764 2,851,465 3,216,831 Yuxing (3,796,526 ) 222,869 (3,603,348 ) 398,491 Sales VIEs 3,136,310 1,915,799 5,556,339 (239,204 ) Reconciling item (1) 8 2 10 3 Reconciling item (2) (342,218 ) (432,753 ) (963,984 ) (630,772 ) Reconciling item (3) (12,598 ) (325,058 ) (12,598 ) (325,058 ) Consolidated $ 2,505,735 $ 7,827,782 $ 11,517,540 $ 12,880,540 Depreciation and Amortization: Jinong $ 194,706 $ 422,383 $ 392,964 $ 1,276,126 Gufeng 529,305 552,299 1,065,924 1,100,057 Yuxing 299,900 315,282 604,719 627,801 Sales VIEs 183,777 210,482 370,583 430,405 Consolidated $ 1,207,689 $ 1,500,446 $ 2,434,189 $ 3,434,389 Interest expense: Jinong 68,317 71,447 137,758 142,283 Gufeng 81,384 101,645 174,506 206,368 Yuxing 0 0 0 0 Sales VIEs (123 ) (78,505 ) 0 (74,489 ) Consolidated $ 149,578 $ 94,587 $ 312,264 $ 274,162 Capital Expenditure: Jinong $ 456 $ 808 $ 3,492 $ 4,149 Gufeng 18,616 297 45,604 14,165 Yuxing 6,850 4,773 8,099 4,773 Sales VIEs 0 0 0 0 Consolidated $ 25,922 $ 5,878 $ 57,195 $ 23,086 As of December 31, June 30, 2018 2018 Identifiable assets: Jinong $ 191,790,465 $ 226,335,489 Gufeng 198,089,974 168,572,947 Yuxing 0 0 Sales VIEs 75,698,359 87,567,782 Reconciling item (1) 822,619 512,622 Reconciling item (2) (2,879 ) (2,879 ) Consolidated $ 466,398,538 $ 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. (3) Reconciling amounts refer to the adjustment for net gain on derivative liability on convertible bonds.

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Schedule of payments for lease expenses	Years ending December 31, 2019 $ 47,874 2020 47,874 2021 47,874 2022 47,874 2023 47,874

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	6 Months Ended
	Dec. 31, 2018
Variable Interest Entities [Abstract]
Schedule of VIEs consolidated financial statements	December 31, June 30, 2018 2018 ASSETS Current Assets Cash and cash equivalents $ 2,216,592 $ 982,312 Accounts receivable, net 19,385,523 38,295,505 Inventories 25,072,690 21,133,970 Other current assets 703,112 988,051 Related party receivable 0 (359,005 Advances to suppliers 4,182,891 848,458 Total Current Assets 51,560,808 61,889,291 Plant, Property and Equipment, Net 10,281,928 11,206,667 Other assets 218,249 226,654 Intangible Assets, Net 10,569,436 11,348,180 Goodwill 3,204,371 3,319,732 Total Assets $ 75,834,792 $ 87,990,524 LIABILITIES AND STOCKHOLDERS’ EQUITY Current Liabilities Short-term loan $ 0 $ 0 Accounts payable 11,903,980 25,584,614 Customer deposits 618,762 841,694 Accrued expenses and other payables 5,151,624 3,896,340 Amount due to related parties 41,805,103 43,339,286 Total Current Liabilities $ 59,479,469 $ 73,661,934 Long-term Loan 0 0 Total Liabilities $ 59,479,469 $ 73,661,934 Stockholders’ equity 16,355,323 14,328,590 Total Liabilities and Stockholders’ Equity 75,834,792 $ 87,990,524 Three Months Ended 2018 2017 Revenue $ 12,911,414 $ 13,304,643 Expenses 13,571,628 10,989,225 Net income $ (660,214 ) $ 2,136,994 Six Months Ended 2018 2017 Revenue $ 30,896,434 $ 31,077,318 Expenses 28,943,442 25,590,542 Net income $ 1,952,992 $ 199,680

Business Combinations (Tables)

Business Combinations (Tables)	6 Months Ended
	Dec. 31, 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		6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Accounting Policies [Abstract]
Net Income from continuing operations for Basic Earnings Per Share	$ 2,505,735	$ 7,827,782	$ 11,517,540	$ 12,880,540
Net Income from discontinued operations for Basic Earnings Per Share	$ 0	$ (1,676)	$ 0	$ 40,394
Basic Weighted Average Number of Shares	39,546,945	38,551,264	39,546,945	38,551,264
Basic net earnings per share from continuing operations	$ 0.06	$ 0.2	$ 0.29	$ 0.33
Basic net earnings per share from discontinued operations		$ 0		$ 0
Net Income from continuing operations for Diluted Earnings Per Share		$ 7,827,782	$ 11,517,540	$ 12,880,540
Net Income from discontinued operations for Diluted Earnings Per Share	$ 2,505,735	$ (1,676)	$ 0	$ 40,394
Diluted Weighted Average Number of Shares	39,546,945	38,551,264	39,546,945	38,185,277
Diluted net earnings per share from continuing operations	$ 0.06	$ 0.2	$ 0.29	$ 0.34
Diluted net earnings per share from discontinued operations		$ 0		$ 0

Basis of Presentation and Sum_5

Basis of Presentation and Summary of Significant Accounting Policies (Details Textual) - USD ($)	Jun. 16, 2013	Dec. 31, 2018	Jun. 30, 2018
Basis of Presentation and Summary of Significant Accounting Policies (Textual)
Aggregate cash in accounts and on hand		$ 117,546,683	$ 150,805,639
Accounts receivable		120,505,844	174,460,937
Allowance for doubtful accounts		17,699,871	24,551,796
Customer deposits		6,862,214	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.
China Bank [Member]
Basis of Presentation and Summary of Significant Accounting Policies (Textual)
Deposits in banks		117,296,696	150,785,737
United States Banks [Member]
Basis of Presentation and Summary of Significant Accounting Policies (Textual)
Deposits in banks		$ 249,987	$ 19,902

Inventories (Details)

Inventories (Details) - USD ($)	Dec. 31, 2018	Jun. 30, 2018
Inventory Disclosure [Abstract]
Raw materials	$ 39,755,211	$ 13,154,465
Supplies and packing materials	486,032	566,254
Work in progress	385,082	417,130
Finished goods	74,387,266	39,646,965
Total	$ 115,013,591	$ 53,784,814

Property, Plant, and Equipmen_2

Property, Plant, and Equipment (Details) - USD ($)	Dec. 31, 2018	Jun. 30, 2018
Property, Plant and Equipment [Line Items]
Total property, plant, and equipment	$ 61,045,325	$ 63,357,141
Less: accumulated depreciation	(32,817,931)	(32,462,458)
Total	28,227,394	30,894,683
Building and improvements [Member]
Property, Plant and Equipment [Line Items]
Total property, plant, and equipment	38,824,105	40,319,393
Auto [Member]
Property, Plant and Equipment [Line Items]
Total property, plant, and equipment	3,383,116	3,504,028
Machinery and equipment [Member]
Property, Plant and Equipment [Line Items]
Total property, plant, and equipment	18,098,079	18,765,192
Agriculture assets [Member]
Property, Plant and Equipment [Line Items]
Total property, plant, and equipment	$ 740,026	$ 768,528

Intangible Assets (Details)

Intangible Assets (Details) - USD ($)	Dec. 31, 2018	Jun. 30, 2018
Finite-Lived Intangible Assets [Line Items]
Intangible assets	$ 18,710,644	$ 20,317,914
Land use rights, net [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets	9,445,315	9,930,420
Technology patent, net [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets	3,219	3,570
Customer relationships, net [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets	2,808,791	3,578,724
Non-compete agreement [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets	535,539	659,500
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets	$ 5,917,780	$ 6,145,700

Intangible Assets (Details 1)

Intangible Assets (Details 1) - Land Use Rights [Member] - USD ($)	Dec. 31, 2018	Jun. 30, 2018
Finite-Lived Intangible Assets [Line Items]
Land use rights	$ 11,852,416	$ 12,308,907
Less: accumulated amortization	(2,407,101)	(2,378,488)
Total land use rights, net	$ 9,445,315	$ 9,930,419

Intangible Assets (Details 2)

Intangible Assets (Details 2) - Technology Patent [Member] - USD ($)	Dec. 31, 2018	Jun. 30, 2018
Finite-Lived Intangible Assets [Line Items]
Technology know-how	$ 2,196,693	$ 2,276,335
Less: accumulated amortization	(2,196,693)	(2,276,335)
Total technology know-how, net

Intangible Assets (Details 3)

Intangible Assets (Details 3) - Customer Relationships [Member] - USD ($)	Dec. 31, 2018	Jun. 30, 2018
Finite-Lived Intangible Assets [Line Items]
Customer relationships	$ 11,592,684	$ 12,039,169
Less: accumulated amortization	(8,783,893)	(8,460,445)
Total customer relationships, net	$ 2,808,791	$ 3,578,724

Intangible Assets (Details 4)

Intangible Assets (Details 4) - Non-Compete Agreement [Member] - USD ($)	Dec. 31, 2018	Jun. 30, 2018
Finite-Lived Intangible Assets [Line Items]
Non-compete agreement	$ 1,186,964	$ 1,232,680
Less: accumulated amortization	(651,425)	(573,180)
Total non-compete agreement, net	$ 535,539	$ 659,500

Intangible Assets (Details 5)

Intangible Assets (Details 5)	Dec. 31, 2018USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2,019	$ 1,838,839
2,020	1,306,324
2,021	729,135
2,022	563,663
2,023	$ 496,482

Intangible Assets (Details Text

Intangible Assets (Details Textual)

Jan. 01, 2017USD ($)

Jul. 02, 2010USD ($)

Sep. 25, 2009USD ($)

Aug. 13, 2003USD ($)

Aug. 16, 2001USD ($)

Jun. 30, 2016USD ($)

Jan. 01, 2017CNY (¥)

Jun. 30, 2016CNY (¥)

Jul. 02, 2010CNY (¥)

Sep. 25, 2009CNY (¥)

Aug. 13, 2003CNY (¥)

Aug. 16, 2001CNY (¥)

Land Use Rights [Member]

Intangible Assets (Textual)

Intangible assets land use right, description

Yuxing was granted 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.

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.

Fair value of intangible assets | $

$ 10,641,084

$ 152,081

$ 1,059,253

Amortization period of intangible assets

50 years

50 years

50 years

Land Use Rights [Member] | RMB [Member]

Intangible Assets (Textual)

Fair value of intangible assets | ¥

¥ 73,184,895

¥ 1,045,950

¥ 7,285,099

Non-Compete Agreement [Member]

Intangible Assets (Textual)

Fair value of intangible assets | $

$ 894,309

$ 191,928

$ 894,309

Amortization period of intangible assets

5 years

5 years

5 years

Non-Compete Agreement [Member] | RMB [Member]

Intangible Assets (Textual)

Fair value of intangible assets | ¥

¥ 6,150,683

¥ 6,150,683

¥ 1,320,000

Customer Relationships [Member]

Intangible Assets (Textual)

Fair value of intangible assets | $

$ 2,395,055

$ 9,451,000

$ 2,395,055

Amortization period of intangible assets

10 years

Amortization period of intangible assets, description

Seven to ten years.

Seven to ten years.

Customer Relationships [Member] | RMB [Member]

Intangible Assets (Textual)

Fair value of intangible assets | ¥

¥ 16,472,179

¥ 16,472,179

65,000,000

Technology Patent [Member]

Intangible Assets (Textual)

Fair value of intangible assets | $

$ 1,337,680

$ 854,235

Amortization period of intangible assets

10 years

Amortization method, description

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

Technology Patent [Member] | RMB [Member]

Intangible Assets (Textual)

Fair value of intangible assets | ¥

9,200,000

¥ 5,875,068

Trademarks [Member]

Intangible Assets (Textual)

Fair value of intangible assets | $

$ 5,917,780

Trademarks [Member] | RMB [Member]

Intangible Assets (Textual)

Fair value of intangible assets | ¥

¥ 40,700,000

Other Non-Current Assets (Detai

Other Non-Current Assets (Details)	Dec. 31, 2018USD ($)
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
2,019	$ 1,951,995
2,020	1,951,995
2,021	1,951,995
2,022	1,951,995
2023 and thereafter	$ 8,455,641

Other Non-Current Assets (Det_2

Other Non-Current Assets (Details Textual)	1 Months Ended	6 Months Ended
	Mar. 31, 2017CNY (¥)	Dec. 31, 2018USD ($)
Other Non-Current Assets (Textual)
Other non-current assets, description		The balance of other non-current assets was $16,263,621, which was the lease fee advances for agriculture lands that the Company engaged in Shiquan County from 2018 to 2027.
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.
Amortized expenses | $		$ 1,000,000
Jinong [Member] | RMB [Member]
Other Non-Current Assets (Textual)
Leasing fees | ¥	¥ 13,000,000

Accrued Expenses and Other Pa_3

Accrued Expenses and Other Payables (Details) - USD ($)	Dec. 31, 2018	Jun. 30, 2018
Payables and Accruals [Abstract]
Payroll payable	$ 25,925	$ 13,788
Welfare payable	149,274	155,023
Accrued expenses	6,172,604	5,368,348
Other payables	4,816,624	4,543,261
Other levy payable	121,942	126,638
Total	$ 11,286,369	$ 10,207,058

Related Parties Transactions (D

Related Parties Transactions (Details)	Jul. 02, 2018CNY (¥)	Jun. 29, 2018USD ($)ft²	Dec. 31, 2015USD ($)	Dec. 31, 2015CNY (¥)	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Jun. 30, 2018USD ($)
Operating Leased Assets [Line Items]
Amount due to related parties					$ 3,640,504		$ 3,271,619
Amount due from related parties					0		235,551
Kingtone Information Technology Co., Ltd. [Member]
Operating Leased Assets [Line Items]
Ground lease | ft²		612
Area of land | ft²		6,558
Monthly rental expenses		$ 3,559
Effective lease term		4 years
Effective lease date		Jul. 1, 2018
Kingtone Information Technology Co., Ltd. [Member] | RMB [Member]
Operating Leased Assets [Line Items]
Monthly rental expenses | ¥	¥ 24,480
Yuxing [Member]
Operating Leased Assets [Line Items]
Amount due from related parties					0		235,551
Sale of products					198,115	$ 181,201
Gufeng [Member] | Xi'an Techteam Science & Technology Industry (Group) Co. Ltd. [Member]
Operating Leased Assets [Line Items]
Amount due to related parties					1,017,800		1,057,000
Jinong [Member]
Operating Leased Assets [Line Items]
Amount due to related parties					$ 402,234		$ 393,565
Sales Agreement [Member]
Operating Leased Assets [Line Items]
Sale of products			$ 3,707,700
Sales Agreement [Member] | RMB [Member]
Operating Leased Assets [Line Items]
Sale of products | ¥				¥ 25,500,000

Loan Payables (Details)

Loan Payables (Details)	6 Months Ended
	Dec. 31, 2018USD ($)
Short-term Debt [Line Items]
Short term loans payables	$ 4,362,000
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	$ 1,454,000
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	$ 2,908,000

Loan Payables (Details Textual)

Loan Payables (Details Textual) - USD ($)	6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Loan Payables (Textual)
Interest expense	$ 312,264	$ 274,162
Loans Payable [Member] | Maximum [Member]
Loan Payables (Textual)
Loans payable, interest rates	6.31%
Loans payable, maturity date	Jun. 18, 2019
Loans Payable [Member] | Minimum [Member]
Loan Payables (Textual)
Loans payable, interest rates	5.22%
Loans payable, maturity date	May 21, 2019

Convertible Notes Payable (Deta

Convertible Notes Payable (Details) - 6 months ended Dec. 31, 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
Wangtian, Lishijie, Xindeguo, Xinyulei, Jinyangguang [Member] | RMB [Member]
Related Party Transaction [Line Items]
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
Fengnong, Xiangrong [Member] | RMB [Member]
Related Party Transaction [Line Items]
Notional Amount | ¥		¥ 12,000,000

Convertible Notes Payable (De_2

Convertible Notes Payable (Details Textual)	6 Months Ended
	Dec. 31, 2018USD ($)	Dec. 31, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2018CNY (¥)	Jun. 30, 2016USD ($)	Jun. 30, 2016CNY (¥)
Convertible Notes Payable (Textual)
Fair value of convertible notes payable	$ 7,302,743		$ 7,371,899
RMB [Member]
Convertible Notes Payable (Textual)
Fair value of convertible notes payable | ¥		¥ 50,225,192		¥ 48,820,525
Jinong [Member]
Convertible Notes Payable (Textual)
Convertible notes payable, term	3 years
Aggregate amount of convertible notes payable	$ 7,415,400
Annual interest rate	3.00%
Jinong [Member] | RMB [Member]
Convertible Notes Payable (Textual)
Aggregate amount of convertible notes payable | ¥		¥ 51,000,000
Zhenbai [Member]
Convertible Notes Payable (Textual)
Aggregate amount of convertible notes payable					$ 1,744,800
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	$ 1,126,814
Zhenbai [Member] | RMB [Member]
Convertible Notes Payable (Textual)
Aggregate amount of convertible notes payable | ¥						¥ 12,000,000

Taxes Payable (Details)

Taxes Payable (Details) - USD ($)	Dec. 31, 2018	Jun. 30, 2018
Income Tax Disclosure [Abstract]
VAT provision	$ (343,283)	$ (449,140)
Income tax payable	1,598,671	554,065
Other levies	805,609	836,747
Total	$ 2,060,997	$ 941,672

Taxes Payable (Details 1)

Taxes Payable (Details 1) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Current tax - foreign			$ 3,182,061		$ 6,841,592
Repatriation Tax					29,010,535
Total	$ 1,527,645	$ 1,530,938	$ 3,182,061	$ 3,253,593	$ 35,852,127

Taxes Payable (Details 2)

Taxes Payable (Details 2) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Jun. 30, 2018
Taxes Payable [Line Items]
Pretax income (loss)	$ 4,033,380	$ 9,358,720	$ 14,699,601	$ 16,134,133
Expected income tax expense (benefit)			3,713,459	3,986,863
High-tech income benefits on Jinong			(904,666)	(1,230,618)
Losses from subsidiaries in which no benefit is recognized			170,833	282,887
Change in valuation allowance on deferred tax asset from US tax benefit			202,435	214,461
Actual tax expense	$ 1,527,645	$ 1,530,938	$ 3,182,061	$ 3,253,593	$ 35,852,127
Actual tax expense, Percentage			21.60%	20.10%
China [Member]
Taxes Payable [Line Items]
Pretax income (loss)			$ 15,663,575	$ 16,805,296
Expected income tax expense (benefit)			3,915,894	4,201,324
High-tech income benefits on Jinong			(904,666)	(1,230,618)
Losses from subsidiaries in which no benefit is recognized			170,833	282,887
Change in valuation allowance on deferred tax asset from US tax benefit				0
Actual tax expense			$ 3,182,061	$ 3,253,593
Expected income tax expense (benefit), Percentage			25.00%	25.00%
High-tech income benefits on Jinong, Percentage			(5.80%)	(7.30%)
Losses from subsidiaries in which no benefit is recognized, Percentage			1.10%	1.70%
Change in valuation allowance on deferred tax asset from US tax benefit, Percentage
Actual tax expense, Percentage			20.30%	19.40%
United States [Member]
Taxes Payable [Line Items]
Pretax income (loss)			$ (963,974)	$ (630,768)
Expected income tax expense (benefit)			(202,435)	(214,461)
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			202,435	214,461
Actual tax expense				$ 0
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				0.00%

Taxes Payable (Details Textual)

Taxes Payable (Details Textual) - USD ($)	Jan. 01, 2008	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Jun. 30, 2018
Taxes Payable (Textual)
Income tax expense (benefit)		$ 1,527,645	$ 1,530,938	$ 3,182,061	$ 3,253,593	$ 35,852,127
Effective income tax rate reconciliation, percentage				21.60%	20.10%
Effective income tax rate reconciliation, federal				21.00%	21.00%
Value added tax rate				13.00%
periodic tax reduction, description				The two-year tax exemption and three-year 50% tax reduction tax holiday for production-oriented FIEs were eliminated.
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%
Jinong [Member] | Enterprise Income Tax [Member]
Taxes Payable (Textual)
Income tax expense (benefit)				$ 1,356,998	$ 1,845,926
Gufeng [Member] | Enterprise Income Tax [Member]
Taxes Payable (Textual)
Income tax expense (benefit)				$ 1,071,227	$ 1,106,590
Effective income tax rate reconciliation, federal				25.00%

Stockholders' Equity (Details)

Stockholders' Equity (Details) - USD ($)	3 Months Ended	6 Months Ended
	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	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.
Aggregate issued shares of common stock		650,000
Fair value of common stock		$ 370,500
Common stock, shares issued		39,546,945		38,896,945
Common stock, shares outstanding		39,546,945		38,896,945

Concentrations (Details)

Concentrations (Details)	6 Months Ended
	Dec. 31, 2018USD ($)Vendors	Dec. 31, 2017
Supplier Concentration Risk [Member]
Concentrations (Textual)
Vendor concentration, description		None of the vendors accounted for over 10% of the Company's purchase of raw materials and supplies.
Customer Concentration Risk [Member]
Concentrations (Textual)
Customer concentration, description	No customer accounted for over 10% of the Company's sales.	No customer accounted for over 10% of the Company's sales.
Three Vendors [Member] | Supplier Concentration Risk [Member]
Concentrations (Textual)
Concentration risk percentage	34.30%
Vendor concentration, description	The Company purchased more than 10% of its raw materials.
Number of vendor | Vendors	3
Total purchase amount | $	$ 33,149,745

Segment Reporting (Details)

Segment Reporting (Details) - USD ($)		3 Months Ended		6 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Jun. 30, 2018
Schedule of segment reporting information, by segment
Revenues from unaffiliated customers:		$ 52,254,463	$ 63,599,325	$ 110,209,269	$ 125,727,976
Operating income:		4,274,754	9,930,861	15,014,607	16,805,146
Net income:		2,505,735	7,826,107	11,517,540	12,920,934
Depreciation and Amortization:		1,207,689	1,500,446	2,434,189	3,406,443
Interest expense:		149,578	94,587	312,264	274,162
Capital Expenditure:		25,922	5,878	57,195	23,086
Identifiable assets:		466,398,538		466,398,538		$ 482,985,960
Sales VIEs [Member]
Schedule of segment reporting information, by segment
Revenues from unaffiliated customers:		10,287,922	10,986,576	25,885,396	26,326,758
Operating income:		3,748,752	2,014,662	6,380,051	39,203
Net income:		3,136,310	1,915,799	5,556,339	(239,204)
Depreciation and Amortization:		183,777	210,482	370,583	430,405
Interest expense:		(123)	(78,505)	0	(74,489)
Capital Expenditure:		0	0	0	0
Identifiable assets:		75,834,792		75,834,792		87,990,524
Reconciling item (1) [Member]
Schedule of segment reporting information, by segment
Operating income:	[1]	0	(2)	0	0
Net income:	[1]	8	2	10	3
Identifiable assets:	[1]	822,619		822,619		512,622
Reconciling item (2) [Member]
Schedule of segment reporting information, by segment
Operating income:	[2]	(342,219)	(432,753)	(963,984)	(630,772)
Net income:	[2]	(342,218)	(432,753)	(963,984)	(630,772)
Identifiable assets:	[2]	(2,879)		(2,879)		(2,879)
Reconciling item (3) [Member]
Schedule of segment reporting information, by segment
Net income:	[3]	(12,598)	(325,058)	(12,598)	(325,058)
Jinong [Member]
Schedule of segment reporting information, by segment
Revenues from unaffiliated customers:		16,987,360	26,211,280	39,483,893	52,985,040
Operating income:		2,171,448	5,577,154	9,099,538	12,343,229
Net income:		1,789,640	4,719,159	7,689,656	10,460,249
Depreciation and Amortization:		194,706	422,383	392,964	1,276,126
Interest expense:		68,317	71,447	137,758	142,283
Capital Expenditure:		456	808	3,492	4,149
Identifiable assets:		191,790,465		191,790,465		226,335,489
Gufeng [Member]
Schedule of segment reporting information, by segment
Revenues from unaffiliated customers:		22,355,690	24,447,721	39,828,941	42,669,787
Operating income:		2,493,457	2,549,525	4,102,509	4,655,738
Net income:		1,731,121	1,727,764	2,851,465	3,216,831
Depreciation and Amortization:		529,305	552,299	1,065,924	1,100,057
Interest expense:		81,384	101,645	174,506	206,368
Capital Expenditure:		18,616	297	45,604	14,165
Identifiable assets:		198,089,974		198,089,974		168,572,947
Yuxing [Member]
Schedule of segment reporting information, by segment
Revenues from unaffiliated customers:		2,623,493	1,953,748	5,011,039	3,746,391
Operating income:		(3,796,684)	222,275	(3,603,507)	397,748
Net income:		(3,796,526)	222,869	(3,603,348)	398,491
Depreciation and Amortization:		299,900	315,282	604,719	627,801
Interest expense:		0	0	0	0
Capital Expenditure:		6,850	$ 4,773	8,099	$ 4,773
Identifiable assets:		$ 0		$ 0		$ 0
[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.
[3]	Reconciling amounts refer to the adjustment for net gain on derivative liability on convertible bonds.

Segment Reporting (Details Text

Segment Reporting (Details Textual)	6 Months Ended
	Dec. 31, 2018Segments
Segment Reporting (Textual)
Number of operating segments	4
Number of business segments	4

Commitments and Contingencies_2

Commitments and Contingencies (Details)	Dec. 31, 2018USD ($)
Years ending December 31,
2,019	$ 47,874
2,020	47,874
2,021	47,874
2,022	47,874
2,023	$ 47,874

Commitments and Contingencies_3

Commitments and Contingencies (Details Textual)	Jul. 02, 2018USD ($)	Jul. 02, 2018CNY (¥)	Jun. 29, 2018ft²	Feb. 29, 2004USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Commitments and Contingencies (Textual)
Monthly rent expenses					$ 23,937	$ 30,020
Kingtone Information [Member]
Commitments and Contingencies (Textual)
Monthly rent expenses	$ 3,559
Lease term	4 years	4 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 lease in square feet | ft²			6,558
Kingtone Information [Member] | RMB [Member]
Commitments and Contingencies (Textual)
Monthly rent expenses | ¥		¥ 24,480
Village committee [Member]
Commitments and Contingencies (Textual)
Monthly rent expenses				$ 430
Lease term, description				Tianjuyuan signed a fifty-year lease with the village committee of Dong Gao Village and Zhen Nan Zhang Dai Village in the Beijing Ping Gu District.
Village committee [Member] | RMB [Member]
Commitments and Contingencies (Textual)
Monthly rent expenses				$ 2,958

Variable Interest Entities (Det

Variable Interest Entities (Details) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Jun. 30, 2018	Jun. 30, 2017
Current Assets
Cash and cash equivalents	$ 117,546,683	$ 145,417,159	$ 117,546,683	$ 145,417,159	$ 150,805,639	$ 123,050,548
Accounts receivable, net	120,505,844		120,505,844		174,460,937
Inventories	115,013,591		115,013,591		53,784,814
Related party receivable	0		0		235,551
Advances to suppliers	40,777,894		40,777,894		25,194,463
Total Current Assets	397,017,730		397,017,730		407,426,651
Plant, Property and Equipment, Net	28,227,394		28,227,394		30,894,683
Other assets	14,311,626		14,311,626		15,885,696
Intangible Assets, Net	18,710,644		18,710,644		20,317,914
Goodwill	7,863,605		7,863,605		8,166,467
Total Assets	466,398,538		466,398,538		482,985,960
Current Liabilities
Short-term loan	4,362,000		4,362,000		4,726,300
Accounts payable	13,312,634		13,312,634		27,128,921
Customer deposits	6,862,214		6,862,214		7,251,967
Amount due to related parties	3,640,504		3,640,504		3,271,619
Total Current Liabilities	71,119,828		71,119,828		83,066,274
Total Liabilities	78,422,571		78,422,571		90,438,173
Stockholders' equity	387,975,967		387,975,967		392,547,787
Total Liabilities and Stockholders' Equity	466,398,538		466,398,538		482,985,960
Revenue	52,254,463	63,599,325	110,209,269	125,727,976
Expenses	7,969,471	8,571,351	13,699,258	20,640,350
Net income	2,505,735	7,826,107	11,517,540	12,920,934
Variable Interest Entities [Member]
Current Assets
Cash and cash equivalents	2,216,592		2,216,592		982,312
Accounts receivable, net	19,385,523		19,385,523		38,295,505
Inventories	25,072,690		25,072,690		21,133,970
Other current assets	703,112		703,112		988,051
Related party receivable	0		0		(359,005)
Advances to suppliers	4,182,891		4,182,891		848,458
Total Current Assets	51,560,808		51,560,808		61,889,291
Plant, Property and Equipment, Net	10,281,928		10,281,928		11,206,667
Other assets	218,249		218,249		226,654
Intangible Assets, Net	10,569,436		10,569,436		11,348,180
Goodwill	3,204,371		3,204,371		3,319,732
Total Assets	75,834,792		75,834,792		87,990,524
Current Liabilities
Short-term loan	0		0		0
Accounts payable	11,903,980		11,903,980		25,584,614
Customer deposits	618,762		618,762		841,694
Accrued expenses and other payables	5,151,624		5,151,624		3,896,340
Amount due to related parties	41,805,103		41,805,103		43,339,286
Total Current Liabilities	59,479,469		59,479,469		73,661,934
Long-term Loan	0		0		0
Total Liabilities	59,479,469		59,479,469		73,661,934
Stockholders' equity	16,355,323		16,355,323		14,328,590
Total Liabilities and Stockholders' Equity	75,834,792		75,834,792		$ 87,990,524
Revenue	10,287,922	10,986,576	25,885,396	26,326,758
Expenses	13,571,628	10,989,225	28,943,442	25,590,542
Net income	$ 3,136,310	$ 1,915,799	$ 5,556,339	$ (239,204)

Business Combinations (Details)

Business Combinations (Details) - USD ($)	Dec. 31, 2018	Jun. 30, 2018	Nov. 30, 2017	Jan. 01, 2017	Jun. 30, 2016
Business Acquisition [Line Items]
Goodwill	$ 7,863,605	$ 8,166,467
Total Assets	$ 466,398,538	$ 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			$ 2,614,401

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	2,282,406
Net Loss	$ (331,995)