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Inventories (Details) | 12 Months Ended
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Jun. 30, 2020 USD ($)
Inventory Disclosure [Abstract] |
Nonmonetary sales and purchases amount | $ 43,537,582
Inventories, description | For the fiscal year ended June 30, 2020, total inventories decreased $63,092,808, or 38.9%, to $98,921,081 from $162,013,889 for the fiscal year ended June 30, 2019. This decrease was mainly due to the decrease in raw materials which is from $102,268,620 to $43,177,071. In the second and third quarters of fiscal year 2020, the bad weather lasted a long time in Pinggu, which is a mountainous area where Gufeng locates. The frequent rainfall and snowfall caused the damaged of Gufeng’s warehouse.
Comprehensive loss of raw materials | $ 39,643,198

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