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INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Jun. 30, 2012
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Impaired Intangible Assets [Table Text Block] | Intangible assets consist of the following:
|  | June 30, |  |  | June 30, |
|  | 2012 |  |  | 2011 |
Land use rights, net |  | $ | 11,014,591 |  |  | $ | 11,814,149 |
Technology patent, net |  |  | 1,902,131 |  |  |  | 1,188,969 |
Customer relationships, net |  |  | 8,253,368 |  |  |  | 9,045,858 |
Non-compete agreement, net |  |  | 125,453 |  |  |  | 163,363 |
Trademarks |  |  | 6,323,098 |  |  |  | 6,296,290 |
Total |  | $ | 27,618,641 |  |  | $ | 28,508,629 |
Land Use Rights Disclosure [Table Text Block] | The Land Use Rights consist of the following:
|  | As of June 30, |
|  | 2012 |  |  | 2011 |
Land use rights |  | $ | 12,912,125 |  |  | $ | 12,452,801 |
Less: accumulated amortization |  |  | (1,897,534 | ) |  |  | (638,652 | )
Total land use rights, net |  | $ | 11,014,591 |  |  | $ | 11,814,149 |
Technology Know How Disclosure [Table Text Block] | The technology know-how consisted of the following:
|  | As of June 30, |
|  | 2012 |  |  | 2011 |
Technology know-how |  | $ | 2,387,891, |  |  | $ | 2,332,113 |
Less: accumulated amortization |  |  | (485,760 | ) |  |  | (1,143,144 | )
Total technology know-how, net |  | $ | 1,902,131 |  |  | $ | 1,188,969 |
Customer Relationships Assets Disclosure [Table Text Block] | The preliminary fair value on the acquired customer relationships was estimated to be RMB 65,000,000 (or $9,715,268) and is amortized over the remaining useful life of ten years.
|  | As of June 30, |
|  | 2012 |  |  | 2011 |
Customer relationships |  | $ | 10,296,000 |  |  | $ | 10,096,418 |
Less: accumulated amortization |  |  | (2,042,632 | ) |  |  | (1,050,560) |
Total customer relationships, net |  | $ | 8,253,368 |  |  | $ | 9,045,858 |
Non Compete Agreement Assets Disclosure [Table Text Block] | The preliminary fair value on the acquired non-compete agreement was estimated to be RMB 1,320,000 (or $197,295) and is amortized over the remaining useful life of five years using the straight line method.
|  | June 30, |  |  | June 30, |
|  | 2012 |  |  | 2011 |
Non-compete agreement |  | $ | 209,088 |  |  | $ | 204,204 |
Less: accumulated amortization |  |  | (83,635 | ) |  |  | (40,841) |
Total non-compete agreement, net |  | $ | 125,453 |  |  | $ | 163,363 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] | Estimated amortization expenses of intangible assets for the next five (5) years after June 30, 2012, are as follows:
Year Ends |  | Expense ($) |
June 30, 2013 |  |  | 1,665,601 |
June 30, 2014 |  |  | 1,665,601 |
June 30, 2015 |  |  | 1,665,601 |
June 30, 2016 |  |  | 1,665,601 |
June 30, 2017 |  |  | 1,665,601 |

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- Definition Tabular disclosure of impaired intangible assets excluding goodwill. This may include a description of the facts and circumstances leading to the recording of impairment charges of intangible assets in the period, the amount of the impairment charges, the methods of determining fair value of the associated assets, the caption in the income statement in which the impairment losses are aggregated, and the segment in which the impaired intangible assets are reported. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16373-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 46 -Subparagraph a, b, c, d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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