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CONDENSED CONSOLIDATED BALANCE SHEETS
Sep. 30, 2015
CNY (¥)
Sep. 30, 2015
USD ($)
Jun. 30, 2015
CNY (¥)
Current assets      
Cash and cash equivalents ¥ 3,877,272 $ 610,229 ¥ 12,344,929
Notes receivable 3,227,580 507,976 4,205,530
Trade accounts receivable, net 51,501,307 8,105,591 52,186,397
Inventories, net 11,876,883 1,869,257 10,845,007
Deferred tax asset 1,758,555 276,771 1,742,098
Total current assets 109,407,183 17,219,172 124,512,236
Property and equipment, net 2,877,450 452,871 2,666,953
Long-term other receivable 2,056,776 323,708 2,729,033
Total Assets 117,749,382 18,532,119 134,348,887
Current liabilities      
Short-term bank loans 7,000,000 1,101,703 7,000,000
Trade accounts payable 13,409,825 2,110,520 13,627,088
Trade accounts payable- related parties 3,273,879 515,263 3,528,705
Deferred revenue 2,452,511 385,991 2,285,529
Advances from customers 370,984 58,388 529,700
Accrued payroll and employees' welfare 330,057 51,946 246,789
Accrued expenses 202,852 31,926 199,166
Taxes payable 2,660,650 418,749 1,153,216
Deferred tax liability 180,186 28,359 180,186
Total current liabilities 42,925,491 6,755,876 52,080,043
Equity      
Common stock, ($ 0.0185 U.S. dollar par value, 100,000,000 shares authorized; 5,427,946 and 5,438,763 shares issued and outstanding as of June 30, 2015 and September 30, 2015, respectively) 699,013 110,015 697,217
Additional paid-in capital 93,802,706 14,763,245 92,541,687
Appropriated retained earnings 4,148,929 652,984 4,148,929
Unappropriated retained earnings (31,873,541) (5,016,453) (23,024,935)
Accumulated other comprehensive loss (193,333) (30,428) (317,551)
Total shareholders’ equity 66,583,774 10,479,363 74,045,347
Non-controlling interest 8,240,011 1,296,880 8,223,497
Total equity 74,823,389 11,776,243 82,268,844
Total Liabilities and Equity 117,749,382 18,532,119 134,348,887
All Other [Member]      
Current assets      
Other receivables, net 19,137,645 3,012,000 18,064,568
Purchase advances, net 17,410,721 2,740,206 18,622,538
Prepaid expenses 407,220 64,091 826,314
Long-term trade accounts receivable, net 3,407,973 536,368 4,440,665
Current liabilities      
Other payables 1,794,205 282,383 2,103,057
Related Party [Member]      
Current assets      
Trade accounts receivable, net 0 0 4,769,800
Other receivables, net 0 0 91,021
Purchase advances, net 0 0 394,034
Prepaid expenses 210,000 33,051 420,000
Current liabilities      
Other payables 1,844,628 290,319 4,309,702
Short-term borrowings ¥ 9,405,714 $ 1,480,329 ¥ 16,916,905