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COMMITMENTS AND CONTINGENCY
 12 Months Ended
Jun. 30, 2013
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Disclosure [Text Block]
NOTE 18. COMMITMENTS AND CONTINGENCY
 
(a)   Office Leases
 
The Company leases three offices in Beijing (two for BHD; one for Recon-JN) and one office in Nanjing for Nanjing Recon. Future payments under such leases are as follows as of June 30, 2013:
 
 
 
Twelve months ended June 30,
 
 
 
Office lease payment
 
 
 
RMB
 
U.S. Dollars
 
2014
 
¥
950,800
 
$
153,647
 
2015
 
 
265,000
 
 
42,823
 
Total
 
¥
1,215,800
 
$
196,471
 
 
(b) Contingency
 
The Labor Contract Law of the PRC requires employers to assure the liability of severance payments if employees are terminated and have been working for the employers for at least two years prior to January 1, 2008. The employers will be liable for one month of severance pay for each year of the service provided by the employees. As of June 30, 2013, the Company estimated its severance payments of approximately ¥1 million ($0.2 million) which has not been reflected in its consolidated financial statements, because management cannot predict what the actual payment, if any will be in the future.