OTHER RECEIVABLES, NET (Tables)

12 Months Ended

Jun. 30, 2015

Schedule Of Other Receivables [Table Text Block]

Other receivables consisted of the following:

Third Party	June 30, 2014		June 30, 2015		June 30, 2015
Current Portion	RMB		RMB		U.S. Dollars

Due from ENI (A)	¥	2,523,145	¥	2,624,071	$	430,967

Loans to third parties (B)		8,979,408		11,154,344		1,831,945

Business advance to staff (C)		6,371,923		3,927,238		644,994

Deposits for projects		495,961		543,800		89,312

Others		373,622		637,348		104,674

Allowance for doubtful accounts		(451,016)		(822,233)		(135,040)

Total	¥	18,293,043	¥	18,064,568	$	2,966,852

Third Party	June 30, 2014		June 30, 2015		June 30, 2015
Non-Current Portion	RMB		RMB		U.S. Dollars

Due from ENI (A)	¥	5,353,104	¥	2,729,033	$	448,205

Total	¥	5,353,104	¥	2,729,033	$	448,205

(A)

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, installments for each quarter would be ¥1,777,653. The Company received the payments on time in March and June, 2013. On September 30, 2013, ENI proposed to extend the payment period and signed a new contract with the Company. According to the new arrangement, the remaining part of this loan will be repaid over four years with quarterly installments of ¥699,147. The Company has continued to receive the payments under the agreement.

(B)

Loans to third-parties are mainly used for short-term funding to support cooperative companies. These loans are due on demand bearing no interest.

(C)

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.

Schedule Of Other Receivables Related Party [Table Text Block]

Below is a summary of other receivables - related parties which consisted of the following:

Related Party	June 30, 2014		June 30, 2015		June 30, 2015
Name of Related Party	RMB		RMB		U.S. Dollars
Beijing Yabei Nuoda Science and Technology Co. Ltd. *		500,000		-		-

Beijing Langchen Construction Company **		913,780		91,021		14,949

Other - business advances		653		-		-

Total	¥	1,414,433	¥	91,021	$	14,949

* Not a related party after October 31, 2014.

** This was repaid on August 6, 2015.