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RESTRICTED NET ASSETS (Details) (Parent Company [Member], USD $) | Jun. 30, 2012 | Jun. 30, 2011
--- | --- | ---
Parent Company [Member] |  |
ASSETS |  |
Cash and cash equivalents | $ 277,538 | $ 964,149
Other current assets | 1,908 | 8,575
Total Current Assets | 279,446 | 972,724
Long-term equity investment | 243,711,250 | 192,634,559
Total long term assets | 243,711,250 | 192,634,559
Total Assets | 243,990,696 | 193,607,283
LIABILITIES AND STOCKHOLDERS' EQUITY |  |
Accounts payable | 64,520 | 64,520
Amount due to related parties | 38,343 | 38,343
Other payables and accrued expenses | 1,631,179 | 1,631,179
Total Current Liabilities | 1,734,042 | 1,734,042
Stockholders' Equity |  |
Common stock, $.001 par value, 115,197,165 shares authorized, 27,455,722 and 26,845,860, shares issued and outstanding as of June 30, 2012 and 2011, respectively | 27,456 | 26,846
Additional paid in capital | 102,175,709 | 98,627,482
Accumulated other comprehensive income | 15,780,507 | 10,903,756
Retained earnings | 124,272,982 | 82,315,157
Total Stockholders' Equity | 242,256,654 | 191,873,241
Total Liabilities and Stockholders' Equity | $ 243,990,696 | $ 193,607,283

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