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TRADE ACCOUNTS RECEIVABLE, NET (Tables)
12 Months Ended
Jun. 30, 2015
Receivables [Abstract]  
Schedule Of Accounts Receivable Third Party [Table Text Block]
Accounts receivable consisted of the following:
 
 
 
June 30, 2014
 
June 30, 2015
 
June 30, 2015
 
Third Party
 
RMB
 
RMB
 
U.S. Dollars
 
 
 
 
 
 
 
 
 
Trade accounts receivable
 
¥
48,284,531
 
¥
58,049,462
 
$
9,533,810
 
Allowance for doubtful accounts
 
 
(4,730,794)
 
 
(5,863,065)
 
 
(962,926)
 
 
 
 
 
 
 
 
 
 
 
 
Total - third- party, net
 
¥
43,553,737
 
¥
52,186,397
 
$
8,570,884
 
 
 
 
June 30, 2014
 
June 30, 2015
 
June 30, 2015
 
Third Party – long-term
 
RMB
 
RMB
 
U.S. Dollars
 
Beijing Yabei Nuoda Science and Technology Co. Ltd. *
 
¥
-
 
¥
4,934,072
 
$
810,352
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for doubtful accounts
 
 
-
 
 
(493,407)
 
 
(81,035)
 
 
 
 
 
 
 
 
 
 
 
 
Total - long-term trade accounts receivable, net
 
¥
-
 
¥
4,440,665
 
$
729,317
 
 
* The receivable from Beijing Yabei Nuoda Science and Technology Co. Ltd. (“Yabei Nuoda”) was recognized primarily from the sale of automation system and services based on written contracts. Based on the repayment agreement signed on September 2, 2015, the outstanding balance will be collected in two years beginning 2017, with each installment of ¥2,467,036.
 
* One of the Founders, Mr. Yin Shenping, was the legal representative of Yabei Nuoda before December 2013 and Chairman as of September 30, 2014. On October 30, 2014, Mr. Yin resigned from the chairman position and thus Yabei Nuoda is not a related party of the Company after October 30, 2014. Mr. Yin no longer has any equity interest in this company.
 
** This receivable was settled between August 10, 2015 and September 1, 2015.
 
***On August 13, 2015, all of the outstanding balance was offset against the related payable (See Note 9) and the remaining balance was repaid.
Schedule Of Accounts Receivable Related Party [Table Text Block]
 
 
June 30, 2014
 
June 30, 2015
 
June 30, 2015
 
Related Party
 
RMB
 
R MB
 
U.S. Dollars
 
Beijing Yabei Nuoda Science and Technology Co. Ltd. *
 
¥
5,441,498
 
¥
-
 
$
-
 
Beijing Langchen Construction Company **
 
 
726,800
 
 
726,800
 
 
119,367
 
Xiamen Huangsheng Hitek Computer Network Co.Ltd. ***
 
 
100,000
 
 
980,000
 
 
160,951
 
 
 
 
 
 
 
 
 
 
 
 
Xiamen Henda Hitek Computer Network Co. Ltd. ***
 
 
1,211,000
 
 
3,063,000
 
 
503,055
 
 
 
 
 
 
 
 
 
 
 
 
Total - related-parties, net
 
¥
7,479,298
 
¥
4,769,800
 
$
783,373
 
 
 
 
June 30, 2014
 
June 30, 2015
 
June 30, 2015
 
Related Party – long-term
 
RMB
 
RMB
 
U.S. Dollars
 
Beijing Yabei Nuoda Science and Technology Co. Ltd. *
 
¥
16,062,574
 
¥
-
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for doubtful accounts
 
 
(1,606,257)
 
 
-
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
Total - long-term trade accounts receivable, net
 
¥
14,456,317
 
¥
-
 
$
-
 
 
* The receivable from Beijing Yabei Nuoda Science and Technology Co. Ltd. (“Yabei Nuoda”) was recognized primarily from the sale of automation system and services based on written contracts. Based on the repayment agreement signed on September 2, 2015, the outstanding balance will be collected in two years beginning 2017, with each installment of ¥2,467,036.
 
* One of the Founders, Mr. Yin Shenping, was the legal representative of Yabei Nuoda before December 2013 and Chairman as of September 30, 2014. On October 30, 2014, Mr. Yin resigned from the chairman position and thus Yabei Nuoda is not a related party of the Company after October 30, 2014. Mr. Yin no longer has any equity interest in this company.
 
** This receivable was settled between August 10, 2015 and September 1, 2015.
 
***On August 13, 2015, all of the outstanding balance was offset against the related payable (See Note 9) and the remaining balance was repaid.