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Loan Payables (Tables) | 12 Months Ended
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Jun. 30, 2016
Loan Payables [Abstract] |
Summary of loan payables |
No. |  | Payee |  | Loan period per agreement |  |  | Interest Rate |  |  | June 30, 2016 |
1 |  | Agriculture Bank of China-Pinggu Branch |  |  | May 18, 2016 - March 17, 2017 |  |  |  | 4.87 | % |  | $ | 1,956,500 |
2 |  | Beijing Bank Pinggu Branch |  |  | August 11, 2015- August 2, 2016 |  |  |  | 5.82 | % |  |  | 1,505,000 |
3 |  | Agriculture Bank of China-Pinggu Branch |  |  | Jan 19, 2016 - Jan 17, 2017 |  |  |  | 5.00 | % |  |  | 1,204,000 |
|  | Total |  |  |  |  |  |  |  |  |  | $ | 4,665,500 |
No. |  | Payee |  | Loan period per agreement |  |  | Interest Rate |  |  | June 30, 2015 |
1 |  | Beijing Bank – Pinggu Branch |  |  | Aug 6, 2014 – Aug 5, 2015 |  |  |  | 6.72 | % |  | $ | 1,637,000 |
2 |  | China Merchants Bank – Chaoyang Branch |  |  | Aug 27, 2014 – Aug 26, 2015 |  |  |  | 7.80 | % |  |  | 1,637,000 |
3 |  | Beijing International Trust Co., Ltd |  |  | Sep 24, 2014 – Sep 23, 2015 |  |  |  | 7.80 | % |  |  | 1,637,000 |
4 |  | Beijing International Trust Co., Ltd |  |  | Oct 28, 2014 – Oct 27, 2015 |  |  |  | 7.80 | % |  |  | 1,637,000 |
5 |  | Beijing International Trust Co., Ltd |  |  | Dec 26, 2014 – Dec 15, 2015 |  |  |  | 7.28 | % |  |  | 1,637,000 |
6 |  | Agriculture Bank of China-Pinggu Branch |  |  | Jan 21, 2015 – Jan 20, 2016 |  |  |  | 6.16 | % |  |  | 1,309,600 |
7 |  | Tianjin Bank – Beijing Branch |  |  | Feb 3, 2015 – Jan 27, 2016 |  |  |  | 6.16 | % |  |  | 6,548,000 |
8 |  | Tianjin Bank – Beijing Branch |  |  | Feb 11, 2015 – Feb 10, 2016 |  |  |  | 5.60 | % |  |  | 4,616,340 |
9 |  | China Merchants Bank – Chaoyang Branch |  |  | Mar 16, 2015 – Mar 15, 2016 |  |  |  | 6.96 | % |  |  | 818,500 |
10 |  | Agriculture Bank of China-Pinggu Branch |  |  | May 12, 2015 – Apr 29, 2016 |  |  |  | 5.89 | % |  |  | 2,128,100 |
|  | Total |  |  |  |  |  |  |  |  |  | $ | 23,605,540 |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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