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TRADE ACCOUNTS RECEIVABLE, NET (Details 1)
Jun. 30, 2015
USD ($)
Jun. 30, 2015
CNY (¥)
Jun. 30, 2014
CNY (¥)
Related Party Current      
Total - related-parties, net $ 8,570,884 ¥ 52,186,397 ¥ 43,553,737
Beijing Yabei Nuoda Science and Technology Co Ltd [Member]      
Related Party Current      
Trade accounts receivable [1],[2]     5,441,498
Related Party - long-term      
Trade accounts receivable [1],[2] $ 0 ¥ 0 16,062,574
Beijing Langchen Construction Company [Member]      
Related Party Current      
Trade accounts receivable [3] 119,367 726,800 726,800
Xiamen Huangsheng Hitek Computer Network Co Ltd [Member]      
Related Party Current      
Trade accounts receivable [4] 160,951 980,000 100,000
Xiamen Hengda Hitek Computer Network Co Ltd [Member]      
Related Party Current      
Trade accounts receivable [4] 503,055 3,063,000 1,211,000
Related Party [Member]      
Related Party Current      
Total - related-parties, net 783,373 4,769,800 7,479,298
Related Party - long-term      
Allowance for doubtful accounts 0 0 (1,606,257)
Total - related-parties, net $ 0 ¥ 0 ¥ 14,456,317
[1] 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.
[2] 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.
[3] This receivable was settled between August 10, 2015 and September 1, 2015.
[4] On August 13, 2015, all of the outstanding balance was offset against the related payable (See Note 9) and the remaining balance was repaid.