our primary business is fertilizer products , specifically humic-acid based compound fertilizer produced by jinong and compound fertilizer , blended fertilizer , organic compound fertilizer , slow-release fertilizers , highly-concentrated water-soluble fertilizers and mixed organic-inorganic compound fertilizer produced by gufeng . in addition , through yuxing , we develop and produce agricultural products , such as top-grade fruits , vegetables , flowers and colored seedlings . for financial reporting purposes , our operations are organized into four business segments : fertilizer products ( jinong ) , fertilizer products ( gufeng ) , agricultural products production ( yuxing ) and agricultural products production ( jintai ) . the fertilizer business conducted by jinong and gufeng generated approximately 98.4 , 96.4 % and 96.1 % of our total revenues for the years ended june 30 , 2013 , 2012 and 2011 , respectively . yuxing serves as a research and development base for our fertilizer products . jintai had served for that function too . however , as reported in our previous annual and quarterly reports , we started to relocate jintai to the facilities of yuxing due to the deteriorated surrounding environment that caused the death and obsolescence of large amount of jintai 's flowers and seedlings . as a result , jintai has not been in operation since march 1 , 2012 , when the relocation commenced . the relocation and its affiliated process are in progress . 53 fertilizer products as of june 30 , 2013 , we had developed and produced a total of 454 different fertilizer products in use , of which 134 were developed and produced by jinong and 320 by gufeng . below is a table that shows the metric tons of fertilizer sold by jinong and gufeng and the revenue per ton for the periods indicated : replace_table_token_12_th replace_table_token_13_th for the year ended june 30 , 2013 , we sold approximately 303,323 metric tons of fertilizer products , as compared to 318,208 metric tons and 337,769 metric tons for the years ended june 30 , 2012 and 2011 , respectively . for the year ended june 30 , 2013 , jinong sold approximately 75,934 metric tons of fertilizer products , as compared to 61,590 metric tons and 48,038 metric tons for the years ended june 30 , 2012 and 2011 , respectively . for the year ended june 30 , 2013 , gufeng sold approximately 227,389 metric tons of fertilizer products , as compared to 256,618 metric tons and 289,731 metric tons for the years ended june 30 , 2012 and 2011 , respectively . our sales of fertilizer products to five provinces accounted for approximately 63.5 % of our fertilizer revenue for the year ended june 30 , 2013. specifically , the provinces and their respective percentage contributed to our fertilizer revenues were heilongjiang ( 22.9 % ) , hebei ( 13.8 % ) , shaanxi ( 7.2 % ) , jilin ( 5.7 % ) and shandong ( 5.5 % ) . as of june 30 , 2013 , we had a total of 1,034 distributors covering 27 provinces , four autonomous regions and three central government-controlled municipalities in china . jinong had 826 distributors in china . jinong 's sales are not dependent on any single distributor or any group of distributors . its top five distributors accounted for 2.0 % of jinong 's fertilizer revenues for the year ended june 30 , 2013. gufeng had 208 distributors , including some large state-owned enterprises . gufeng 's top five distributors accounted for 63.7 % of its revenues , one of which accounted for 38.6 % of gufeng 's revenue for the fiscal year ended june 30 , 2013. agricultural products through yuxing , we develop , produce and sell high-quality flowers , green vegetables and fruits to local marketplaces and various horticulture and planting companies . we also use certain of yuxing 's greenhouse facilities to conduct research and development activities for our fertilizer products . the three prc provinces that accounted for 97.8 % of our agricultural products revenue for the year ended june 30 , 2013 were shaanxi ( 95.3 % ) , qinghai ( 1.3 % ) , ningxia ( 1.2 % ) . 54 recent developments new products during the three months ended june 30 , 2013 , jinong launched two new fertilizer products . jinong 's new products generated approximately $ 33,772 , or 0.1 % of jinong 's fertilizer revenues for the three months ended june 30 , 2013. jinong also added 29 new distributors for the three months ended june 30 , 2013. jinong 's new distributors accounted for approximately $ 1,506,084 , or 4.6 % of jinong 's fertilizer revenues for the three months ended june 30 , 2013. jinong 's revenue attributable to the new products distributed by its new distributors was approximately $ 21.028 , or 0.06 % of jinong 's fertilizer revenues for the three months ended june 30 , 2013. during the three months ended june 30 , 2013 , gufeng launched three new fertilizer products . gufeng 's new products generated approximately $ 609,679 , or 1.7 % of gufeng 's fertilizer revenues for the three months ended june 30 , 2013. gufeng also added ten new distributors for the three months ended june 30 , 2013. gufeng 's new distributors accounted for approximately $ 316,582 , or 0.9 % of gufeng 's fertilizer revenues for the three months ended june 30 , 2013. gufeng 's revenue attributable to the new products distributed by its new distributors was approximately $ 1,408 , or 0.004 % of gufeng 's fertilizer revenues for the three months ended june 30 , 2013 . story_separator_special_tag cost of goods sold by gufeng for the fiscal year ended june 30 , 2012 was $ 96,756,719 , an increase of $ 11,085,729 , or 12.9 % , from $ 85,670,990 for the same period in 2011. the increase was primarily due to the increase in gufeng 's fertilizer sales , the increase in gufeng 's raw material cost and manufacturing costs . cost of goods sold by jintai for the fiscal year ended june 30 , 2012 was $ 5,415,970 , an increase of $ 1,574,579 , or 41.0 % , from $ 3,841,391 for fiscal year 2011. the increase was primarily attributable to the obsolescence of jintai 's butterfly orchids as the result of jintai 's relocation . for fiscal year ended june 30 , 2012 , cost of goods sold by yuxing was $ 1,946,979 , an increase of $ 1,810,546 , from $ 136,433 for the fiscal year ended june 30 , 2011. the increase was proportional to yuxing 's sales . gross profit total gross profit for the fiscal year ended june 30 , 2012 increased by $ 15,655,198 , or 24.6 % , to $ 79,275,233 , as compared to $ 63,620,035 for the fiscal year ended june 30 , 2011. gross profit margin was approximately 36.4 % and 35.4 % for the fiscal year ended june 30 , 2012 and 2011 , respectively . gross profit generated by jinong increased by $ 14,859,288 , or 37.9 % , to $ 54,039,436 for the fiscal year ended june 30 , 2012 from $ 39,180,148 for the fiscal year ended june 30 , 2011. gross profit margin from jinong 's sales was approximately 61.3 % and 59.7 % for the fiscal year ended june 30 , 2012 and 2011 , respectively . for the fiscal year ended june 30 , 2012 , gross profit generated by gufeng was $ 24,724,224 , an increase of $ 3,314,196 , or 15.5 % , from $ 21,410,028 for the fiscal year ended june 30 , 2011. gross profit margin from gufeng 's sales was approximately 20.4 % and 20.0 % for the fiscal year ended june 30 , 2012 and 2011 , respectively . gross profit from jintai decreased by $ 2,609,510 , or 87.4 % , for the fiscal year ended june 30 , 2012 , to $ 376,032 , as compared to $ 2,985,542 for the fiscal year ended june 30 , 2011. gross profit margin from jintai 's sales was approximately 6.5 % and 43.7 % for the fiscal years ended june 30 , 2012 and 2011 , respectively . for the fiscal year ended june 30 , 2012 , gross profit from yuxing was $ 135,541 , an increase of $ 91,224 or 205.8 % , from $ 44,317 for the fiscal years ended june 30 , 2011. gross profit margin from yuxing 's sales was approximately 6.5 % and 24.5 % for the fiscal years ended june 30 , 2012 and 2011 , respectively . selling expenses our selling expenses consist primarily of salaries of sales personnel , advertising and promotion expenses , freight-out costs and related compensation . selling expenses were $ 11,548,816 , or 5.3 % , of net sales for the fiscal year ended june 30 , 2012 , as compared to $ 7,121,905 , or 4.0 % of net sales for the fiscal year ended june 30 , 2011 , an increase of $ 4,426,911 , or 62.2 % . the selling expenses of gufeng were $ 3,183,853 , or 2.6 % of gufeng 's net sales for the fiscal year ended june 30 , 2012 , as compared to $ 2,834,005 , or 2.6 % of gufeng 's net sales for the fiscal year ended june 30 , 2011. the selling expenses of jinong for the fiscal year ended june 30 , 2012 were $ 8,305,444 , or 9.4 % of jinong 's net sales , as compared to selling expenses of $ 4,254,198 , or 6.5 % of jinong 's net sales in fiscal year 2011. most of this increase was due to jinong 's expanded marketing efforts and the increase in shipping costs . general and administrative expenses general and administrative expenses consisted primarily of related salaries , rental expenses , business development , depreciation and travel expenses incurred by our general and administrative departments and legal and professional expenses including expenses incurred and accrued due to pending litigations . general and administrative expenses were $ 13,801,407 , or 6.3 % of net sales , for the fiscal year ended june 30 , 2012 , as compared to $ 14,386,699 , or 8.0 % , of net sales for the fiscal year ended june 30 2011 , a decrease of $ 585,292 , or 4.1 % . this decrease was primarily the result of the decrease of legal and investor relations fees incurred in connection with certain pending litigations in 2011 . 61 in addition , there have been obsolescence incurred write-offs classified as general and administration expenses since june 30 , 2011 as described below which resulted in the jintai 's relocation described under the recent developments herein above : as of june 2011 , 4,852,236 number of photinia fraseri were obsolete due to the air and water pollution in the surrounding area of jintai . the total loss for this obsolescence incurred a write-off of $ 2,813,993 , which equaled to the maintenance cost of photinia fraseri , and was classified as general and administration expense in jintai for the fiscal year june 30 , 2011. in addition , 2,028,508 and 1,532,876 number of photinia fraseri became obsolete as of september 30 and december 31 , 2011 respectively due to the exacerbating air and water pollution in the surrounding area of jintai . the total loss for the obsolescence incurred write-offs of $ 288,307 and $ 957,407 respectively . the losses equaled to the maintenance cost of photinia fraseri , and were classified

liquidity and capital resources our principal sources of liquidity include cash from operations , borrowings from local commercial banks and net proceeds of offerings of our securities consummated in july 2009 and november/december 2009 ( collectively the “ public offerings ” ) . as of june 30 , 2013 , cash and cash equivalents were $ 75,031,489 , an increase of $ 3,052,859 , or 4.2 % , from $ 71,978,630 as of june 30 , 2012. we intend to use some of the remaining net proceeds from the public offerings , as well as other working capital if required , to acquire new businesses , upgrade production lines and complete yuxing 's new greenhouse facilities for agriculture products located on 88 acres of land in hu county , 18 kilometers southeast of xi'an city . we believe that we have sufficient cash on hand and positive projected cash flow from operations to support our business growth for the next twelve months to the extent we do not have further significant acquisitions or expansions . however , if events or circumstances occur and we do not meet our operating plan as expected , we may be required to seek additional capital and or to reduce certain discretionary spending , which could have a material adverse effect on our ability to achieve our business objectives .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```liquidity and capital resources our principal sources of liquidity include cash from operations , borrowings from local commercial banks and net proceeds of offerings of our securities consummated in july 2009 and november/december 2009 ( collectively the “ public offerings ” ) . as of june 30 , 2013 , cash and cash equivalents were $ 75,031,489 , an increase of $ 3,052,859 , or 4.2 % , from $ 71,978,630 as of june 30 , 2012. we intend to use some of the remaining net proceeds from the public offerings , as well as other working capital if required , to acquire new businesses , upgrade production lines and complete yuxing 's new greenhouse facilities for agriculture products located on 88 acres of land in hu county , 18 kilometers southeast of xi'an city . we believe that we have sufficient cash on hand and positive projected cash flow from operations to support our business growth for the next twelve months to the extent we do not have further significant acquisitions or expansions . however , if events or circumstances occur and we do not meet our operating plan as expected , we may be required to seek additional capital and or to reduce certain discretionary spending , which could have a material adverse effect on our ability to achieve our business objectives .
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 Suspicious Activity Report : our primary business is fertilizer products , specifically humic-acid based compound fertilizer produced by jinong and compound fertilizer , blended fertilizer , organic compound fertilizer , slow-release fertilizers , highly-concentrated water-soluble fertilizers and mixed organic-inorganic compound fertilizer produced by gufeng . in addition , through yuxing , we develop and produce agricultural products , such as top-grade fruits , vegetables , flowers and colored seedlings . for financial reporting purposes , our operations are organized into four business segments : fertilizer products ( jinong ) , fertilizer products ( gufeng ) , agricultural products production ( yuxing ) and agricultural products production ( jintai ) . the fertilizer business conducted by jinong and gufeng generated approximately 98.4 , 96.4 % and 96.1 % of our total revenues for the years ended june 30 , 2013 , 2012 and 2011 , respectively . yuxing serves as a research and development base for our fertilizer products . jintai had served for that function too . however , as reported in our previous annual and quarterly reports , we started to relocate jintai to the facilities of yuxing due to the deteriorated surrounding environment that caused the death and obsolescence of large amount of jintai 's flowers and seedlings . as a result , jintai has not been in operation since march 1 , 2012 , when the relocation commenced . the relocation and its affiliated process are in progress . 53 fertilizer products as of june 30 , 2013 , we had developed and produced a total of 454 different fertilizer products in use , of which 134 were developed and produced by jinong and 320 by gufeng . below is a table that shows the metric tons of fertilizer sold by jinong and gufeng and the revenue per ton for the periods indicated : replace_table_token_12_th replace_table_token_13_th for the year ended june 30 , 2013 , we sold approximately 303,323 metric tons of fertilizer products , as compared to 318,208 metric tons and 337,769 metric tons for the years ended june 30 , 2012 and 2011 , respectively . for the year ended june 30 , 2013 , jinong sold approximately 75,934 metric tons of fertilizer products , as compared to 61,590 metric tons and 48,038 metric tons for the years ended june 30 , 2012 and 2011 , respectively . for the year ended june 30 , 2013 , gufeng sold approximately 227,389 metric tons of fertilizer products , as compared to 256,618 metric tons and 289,731 metric tons for the years ended june 30 , 2012 and 2011 , respectively . our sales of fertilizer products to five provinces accounted for approximately 63.5 % of our fertilizer revenue for the year ended june 30 , 2013. specifically , the provinces and their respective percentage contributed to our fertilizer revenues were heilongjiang ( 22.9 % ) , hebei ( 13.8 % ) , shaanxi ( 7.2 % ) , jilin ( 5.7 % ) and shandong ( 5.5 % ) . as of june 30 , 2013 , we had a total of 1,034 distributors covering 27 provinces , four autonomous regions and three central government-controlled municipalities in china . jinong had 826 distributors in china . jinong 's sales are not dependent on any single distributor or any group of distributors . its top five distributors accounted for 2.0 % of jinong 's fertilizer revenues for the year ended june 30 , 2013. gufeng had 208 distributors , including some large state-owned enterprises . gufeng 's top five distributors accounted for 63.7 % of its revenues , one of which accounted for 38.6 % of gufeng 's revenue for the fiscal year ended june 30 , 2013. agricultural products through yuxing , we develop , produce and sell high-quality flowers , green vegetables and fruits to local marketplaces and various horticulture and planting companies . we also use certain of yuxing 's greenhouse facilities to conduct research and development activities for our fertilizer products . the three prc provinces that accounted for 97.8 % of our agricultural products revenue for the year ended june 30 , 2013 were shaanxi ( 95.3 % ) , qinghai ( 1.3 % ) , ningxia ( 1.2 % ) . 54 recent developments new products during the three months ended june 30 , 2013 , jinong launched two new fertilizer products . jinong 's new products generated approximately $ 33,772 , or 0.1 % of jinong 's fertilizer revenues for the three months ended june 30 , 2013. jinong also added 29 new distributors for the three months ended june 30 , 2013. jinong 's new distributors accounted for approximately $ 1,506,084 , or 4.6 % of jinong 's fertilizer revenues for the three months ended june 30 , 2013. jinong 's revenue attributable to the new products distributed by its new distributors was approximately $ 21.028 , or 0.06 % of jinong 's fertilizer revenues for the three months ended june 30 , 2013. during the three months ended june 30 , 2013 , gufeng launched three new fertilizer products . gufeng 's new products generated approximately $ 609,679 , or 1.7 % of gufeng 's fertilizer revenues for the three months ended june 30 , 2013. gufeng also added ten new distributors for the three months ended june 30 , 2013. gufeng 's new distributors accounted for approximately $ 316,582 , or 0.9 % of gufeng 's fertilizer revenues for the three months ended june 30 , 2013. gufeng 's revenue attributable to the new products distributed by its new distributors was approximately $ 1,408 , or 0.004 % of gufeng 's fertilizer revenues for the three months ended june 30 , 2013 . story_separator_special_tag cost of goods sold by gufeng for the fiscal year ended june 30 , 2012 was $ 96,756,719 , an increase of $ 11,085,729 , or 12.9 % , from $ 85,670,990 for the same period in 2011. the increase was primarily due to the increase in gufeng 's fertilizer sales , the increase in gufeng 's raw material cost and manufacturing costs . cost of goods sold by jintai for the fiscal year ended june 30 , 2012 was $ 5,415,970 , an increase of $ 1,574,579 , or 41.0 % , from $ 3,841,391 for fiscal year 2011. the increase was primarily attributable to the obsolescence of jintai 's butterfly orchids as the result of jintai 's relocation . for fiscal year ended june 30 , 2012 , cost of goods sold by yuxing was $ 1,946,979 , an increase of $ 1,810,546 , from $ 136,433 for the fiscal year ended june 30 , 2011. the increase was proportional to yuxing 's sales . gross profit total gross profit for the fiscal year ended june 30 , 2012 increased by $ 15,655,198 , or 24.6 % , to $ 79,275,233 , as compared to $ 63,620,035 for the fiscal year ended june 30 , 2011. gross profit margin was approximately 36.4 % and 35.4 % for the fiscal year ended june 30 , 2012 and 2011 , respectively . gross profit generated by jinong increased by $ 14,859,288 , or 37.9 % , to $ 54,039,436 for the fiscal year ended june 30 , 2012 from $ 39,180,148 for the fiscal year ended june 30 , 2011. gross profit margin from jinong 's sales was approximately 61.3 % and 59.7 % for the fiscal year ended june 30 , 2012 and 2011 , respectively . for the fiscal year ended june 30 , 2012 , gross profit generated by gufeng was $ 24,724,224 , an increase of $ 3,314,196 , or 15.5 % , from $ 21,410,028 for the fiscal year ended june 30 , 2011. gross profit margin from gufeng 's sales was approximately 20.4 % and 20.0 % for the fiscal year ended june 30 , 2012 and 2011 , respectively . gross profit from jintai decreased by $ 2,609,510 , or 87.4 % , for the fiscal year ended june 30 , 2012 , to $ 376,032 , as compared to $ 2,985,542 for the fiscal year ended june 30 , 2011. gross profit margin from jintai 's sales was approximately 6.5 % and 43.7 % for the fiscal years ended june 30 , 2012 and 2011 , respectively . for the fiscal year ended june 30 , 2012 , gross profit from yuxing was $ 135,541 , an increase of $ 91,224 or 205.8 % , from $ 44,317 for the fiscal years ended june 30 , 2011. gross profit margin from yuxing 's sales was approximately 6.5 % and 24.5 % for the fiscal years ended june 30 , 2012 and 2011 , respectively . selling expenses our selling expenses consist primarily of salaries of sales personnel , advertising and promotion expenses , freight-out costs and related compensation . selling expenses were $ 11,548,816 , or 5.3 % , of net sales for the fiscal year ended june 30 , 2012 , as compared to $ 7,121,905 , or 4.0 % of net sales for the fiscal year ended june 30 , 2011 , an increase of $ 4,426,911 , or 62.2 % . the selling expenses of gufeng were $ 3,183,853 , or 2.6 % of gufeng 's net sales for the fiscal year ended june 30 , 2012 , as compared to $ 2,834,005 , or 2.6 % of gufeng 's net sales for the fiscal year ended june 30 , 2011. the selling expenses of jinong for the fiscal year ended june 30 , 2012 were $ 8,305,444 , or 9.4 % of jinong 's net sales , as compared to selling expenses of $ 4,254,198 , or 6.5 % of jinong 's net sales in fiscal year 2011. most of this increase was due to jinong 's expanded marketing efforts and the increase in shipping costs . general and administrative expenses general and administrative expenses consisted primarily of related salaries , rental expenses , business development , depreciation and travel expenses incurred by our general and administrative departments and legal and professional expenses including expenses incurred and accrued due to pending litigations . general and administrative expenses were $ 13,801,407 , or 6.3 % of net sales , for the fiscal year ended june 30 , 2012 , as compared to $ 14,386,699 , or 8.0 % , of net sales for the fiscal year ended june 30 2011 , a decrease of $ 585,292 , or 4.1 % . this decrease was primarily the result of the decrease of legal and investor relations fees incurred in connection with certain pending litigations in 2011 . 61 in addition , there have been obsolescence incurred write-offs classified as general and administration expenses since june 30 , 2011 as described below which resulted in the jintai 's relocation described under the recent developments herein above : as of june 2011 , 4,852,236 number of photinia fraseri were obsolete due to the air and water pollution in the surrounding area of jintai . the total loss for this obsolescence incurred a write-off of $ 2,813,993 , which equaled to the maintenance cost of photinia fraseri , and was classified as general and administration expense in jintai for the fiscal year june 30 , 2011. in addition , 2,028,508 and 1,532,876 number of photinia fraseri became obsolete as of september 30 and december 31 , 2011 respectively due to the exacerbating air and water pollution in the surrounding area of jintai . the total loss for the obsolescence incurred write-offs of $ 288,307 and $ 957,407 respectively . the losses equaled to the maintenance cost of photinia fraseri , and were classified

