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SHORT-TERM BANK LOAN (Tables)

12 Months Ended

Jun. 30, 2013

Debt Disclosure [Abstract]

Schedule Of Short Term Bank Loan [Table Text Block]

Short-term bank loans consisted of the following:

		June 30,  2012			June 30,  2013			June 30,  2013
		RMB			RMB			U.S. Dollars
CCB bank,6.44% annual interest, paid off on December 11, 2012		¥	12,000,000		¥	-		$	-
Beijing Bank,7.87 % annual interest, paid off on February 28, 2013			6,000,000			-			-
Beijing Bank, 7.11 % annual interest,paid off on March 8, 2013			1,500,000			-			-
Beijing Bank, 6.56 % annual interest, paid off on March 29, 2013			1,500,000			-			-
Beijing Bank, 6.56% annual interest, paid off on April 5, 2013			500,000			-			-
Beijing Bank, 6.560 % annual interest, paid off on May 7, 2013			1,500,000			-			-
Communication Bank, 6.6% annual interest, due on October 25, 2013			-			3,090,000			499,338
Communication Bank, 6.6% annual interest, due on November 15, 2013			-			1,910,000			308,652
Beijing Bank,5.75% annual interest, due on February 25, 2014			-			1,200,000			193,917
Beijing Bank, 5.75 % annual interest, due on February 27, 2014			-			600,000			96,959
Beijing Bank, 5.75 % annual interest, due on April 9, 2014			-			1,200,000			193,917
Beijing Bank, 5.75 % annual interest, due on April 16, 2014			-			900,000			145,438
Beijing Bank,5.75 % annual interest, due on March 11, 2014			-			1,100,000			177,758
Total short-term bank loans		¥	23,000,000		¥	10,000,000		$	1,615,979

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- Definition

Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 19

-Article 5



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

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