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OTHER RECEIVABLES, NET (Details)
Jun. 30, 2013
USD ($)
Jun. 30, 2013
CNY
Jun. 30, 2012
CNY
Jun. 30, 2013
Third Party [Member]
USD ($)
Jun. 30, 2013
Third Party [Member]
CNY
Jun. 30, 2012
Third Party [Member]
CNY
Current Portion            
Due from ENI       $ 1,098,812 [1] 6,799,669 [1] 5,396,143 [1]
Loans to third parties       1,363,989 [2] 8,440,639 [2] 1,485,610 [2]
Business advance to staff       481,105 [3] 2,977,176 [3] 1,139,796 [3]
Deposits for projects       30,004 185,669 146,903
Others       195,571 1,210,230 381,404
Allowance for doubtful accounts       (77,871) (481,880) (475,760)
Total       3,091,610 19,131,503 8,074,096
Non-Current Portion            
Due from ENI       566,026 3,502,680 [1] 10,302,349 [1]
Total $ 566,026 3,502,680 10,302,349 $ 566,026 3,502,680 10,302,349
[1] After ENI ceased to be a VIE of the Company, ENI in January 2012 agreed to repay the loan on a payment schedule, with interest accrued during the period at an annual rate of 4%. In accordance with the payment schedule, the principal plus accrued interest is required to be repaid over approximately three years on a quarterly basis beginning March 2012. The first four payments are RMB 1.2 million each. In March, June, September and December of 2012, the Company received RMB 4.8 million. Starting March 2013, the installment for each quarter would be ¥1,777,653. The Company received the payments on time in March and June, 2013.The payments after one year are RMB3,502,680.
[2] Loans to third-parties are mainly used for short-term funding to support cooperative companies. These loans are due on demand bearing no interest.
[3] Business advance to staff represents advances for business travel and sundry expenses related to oilfield or on-site installation and inspection of products through customer approval and acceptance.