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STOCK-BASED COMPENSATION (Details Textual) | 1 Months Ended | 12 Months Ended |  | 1 Months Ended | 12 Months Ended |
--- | --- | --- | --- | --- | --- | ---
Mar. 26, 2012 USD ($) | Jun. 30, 2013 USD ($) | Jun. 30, 2013 CNY | Jun. 30, 2012 CNY | Jun. 30, 2011 | Jul. 31, 2009 Plan 2009 [Member] | Jun. 30, 2013 Plan 2009 [Member] USD ($) | Jun. 30, 2013 Plan 2009 [Member] CNY | Jun. 30, 2013 Placement Agent Warrants [Member] USD ($) | Jun. 30, 2013 Plan 2012 [Member] USD ($) | Jun. 30, 2013 Plan 2012 [Member] CNY | Jun. 30, 2012 Plan 2012 [Member] | Mar. 26, 2012 Plan 2012 [Member] USD ($)
Share Based Compensation Arrangement By Share Based Payment Award Grant Date |  |  |  |  |  |  | Jul. 29, 2009 | Jul. 29, 2009 |  | Mar. 26, 2012 | Mar. 26, 2012 |  |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross |  | 0 | 0 | 415,000 |  | 293,000 | 293,000 | 293,000 | 170,000 |  |  | 415,000 |
Exercise price (per share) | $ 2.96 |  |  |  |  |  | $ 6.00 |  | $ 7.20 |  |  |  | $ 2.96
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1 |  |  |  |  |  |  | 5 years | 5 years |  | 5 years | 5 years |  |
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights |  |  |  |  |  |  | first 20% vesting on July 29, 2010. | first 20% vesting on July 29, 2010. |  | the first 20% vesting on March 26, 2013. | the first 20% vesting on March 26, 2013. |  |
Life of option (years) | 7 years 6 months |  |  |  |  |  | 10 years | 10 years | 5 years | 10 years | 10 years |  |
Share Based Compensation Arrangement By Share Based Payment Award Expiration Date |  |  |  |  |  |  | Jul. 29, 2019 | Jul. 29, 2019 |  |  |  |  |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value |  |  |  |  |  |  | $ 4.42 | 30.17 |  | $ 1.59 | 10.06 |  |
Stock or Unit Option Plan Expense |  | $ 299,385 | 1,852,656 | 1,239,788 |  |  |  |  |  |  |  |  |
Stock Issued During Period, Shares, New Issues |  |  |  |  |  |  |  |  | 170,000 |  |  |  |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures and reallocated In Period |  |  |  |  |  |  | 100,000 | 100,000 |  |  |  |  |
Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Outstanding, Number |  | 608,000 | 608,000 | 608,000 | 193,000 |  | 193,000 | 193,000 |  |  |  |  |
Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Vested and Expected To Vest, Exercisable, Number |  |  |  |  |  |  | 154,400 | 154,400 |  |  |  |  |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares |  |  |  |  |  |  |  |  |  | 83,000 | 83,000 |  |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number |  |  |  |  |  |  |  |  |  | 0 | 0 |  |

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- Definition Date the equity-based award granted. + References No definition available. + Details
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- Definition For presentations that combine terminations, the number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan or that expired. + References No definition available. + Details
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- Definition Period which an employee's right to exercise an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Description of award terms as to how many shares or portion of an award are no longer contingent on satisfaction of either a service condition, market condition or a performance condition, thereby giving the employee the legal right to convert the award to shares, to sell the shares, and be entitled to the cash proceeds of such sale. For example, vesting may be expressed as being 25 percent of the shares under option on each anniversary of the grant date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Date the equity-based award expires, in CCYY-MM-DD format. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Agreed-upon price for the exchange of the underlying asset relating to the share-based payment award. + References No definition available. + Details
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- Definition Expected term of share-based compensation awards, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 14.D.2) -URI http://asc.fasb.org/extlink&oid=27013229&loc=d3e301413-122809 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2)(i) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 14 -Section D -Subsection 2 + Details
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- Definition The number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iii) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Gross number of share options (or share units) granted during the period. + References No definition available. + Details
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- Definition The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Number of options outstanding, including both vested and non-vested options. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1)(i)-(ii) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition The number of exercisable share options (fully vested and expected to vest) that may be converted as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Number of new stock issued during the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30 -Article 5 + Details
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- Definition The noncash expense that accounts for the value of stock or unit options distributed to employees as compensation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585 + Details
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