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SHORT-TERM BANK LOANS (Tables)

6 Months Ended

Dec. 31, 2013

Debt Disclosure [Abstract]

Schedule Of Short Term Bank Loan [Table Text Block]

Short-term bank loans consisted of the following:

		June 30,  2013			December 31,  2013			December 31,  2013
		RMB			RMB			U.S. Dollars
Communication Bank, 6.6% annual interest, due on November 15, 2014		¥	3,090,000		¥	3,090,000		¥	505,695
Communication Bank, 6.6% annual interest, due on November 15, 2014			1,910,000			1,910,000			312,582
Beijing Bank,5.75% annual interest, due on February 25, 2014			1,200,000			840,000			137,471
Beijing Bank, 5.75 % annual interest, due on February 27, 2014			600,000			420,000			68,735
Beijing Bank, 5.75 % annual interest, due on April 9, 2014			1,200,000			1,200,000			196,386
Beijing Bank, 5.75 % annual interest, due on April 16, 2014			900,000			900,000			147,290
Beijing Bank,5.75 % annual interest, due on March 11, 2014			1,100,000			1,100,000			180,021
Industrial and commercial bank, floating interest rate at 6.3%, due on July 28, 2014			-			3,060,000			500,786
Industrial and commercial bank, floating interest rate at 6.3%, due on August 8, 2014			-			1,000,000			163,655
Industrial and commercial bank, floating interest rate at 6.3%, due on February 24, 2014			-			3,000,000			490,966
Industrial and commercial bank, floating interest rate at 6.3%, due on June 12, 2014			-			2,840,000			464,782
Total short-term bank loans		¥	10,000,000		¥	19,360,000		$	3,168,369

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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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