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TRADE ACCOUNTS RECEIVABLE, NET
12 Months Ended
Jun. 30, 2013
Payables and Accruals [Abstract]  
Accounts Payable and Accrued Liabilities Disclosure [Text Block]
NOTE 3. TRADE ACCOUNTS RECEIVABLE, NET
 
Accounts receivable consisted of the following:
 
 
 
 
June 30,  
2012
 
 
June 30,  
2013
 
 
June 30,  
2013
 
Third Party
 
 
RMB
 
 
RMB
 
 
U.S. Dollars
 
 
 
 
 
 
 
 
 
 
 
 
Trade accounts receivable
 
¥
66,738,526
 
¥
42,993,298
 
$
6,947,626
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for doubtful accounts
 
 
(4,744,584)
 
 
(4,344,518)
 
 
(702,065)
 
 
 
 
 
 
 
 
 
 
 
 
Total - third- party, net
 
¥
61,993,942
 
¥
38,648,780
 
$
6,245,561
 
 
 
 
 
June 30, 
2012
 
 
June 30, 
2013
 
 
June 30, 
2013
 
Related Party
 
 
RMB
 
 
RMB
 
 
U.S. Dollars
 
 
 
 
 
 
 
 
 
 
 
 
Beijing Yabei Nuoda Science and Technology Co. Ltd.
 
¥
21,757,039
 
¥
19,722,574
 
$
3,187,126
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for doubtful accounts
 
 
(1,362,290)
 
 
(978,210)
 
 
(158,077)
 
 
 
 
 
 
 
 
 
 
 
 
Total - related-parties, net
 
¥
20,394,749
 
¥
18,744,364
 
$
3,029,049
 
 
One of the Founders, Mr. Yin Shen ping, is the legal representative of Beijing Yabei Nuoda Science and Technology Co. Ltd (“Yabei Nuoda”). The founder does not have any equity interest in this company currently. The receivable from Yabei Nuoda was generated primarily from the sale of automation system and services based on written contracts.