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RELATED PARTY TRANSACTIONS AND BALANCES
 3 Months Ended
Sep. 30, 2015
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]
NOTE 19. RELATED PARTY TRANSACTIONS AND BALANCES
 
Purchases from related parties –  purchases from related parties consisted of the following:
 
 
 
For the three months ended September 30,
 
 
 
2014
 
2015
 
2015
 
 
 
RMB
 
RMB
 
U.S. Dollars
 
Huanghua Xiang Tong Manufacture
 
¥
-
 
¥
300,393
 
$
47,278
 
Xiamen Huangsheng Hitek Computer Network Co. Ltd.
 
 
797,585
 
 
576,098
 
 
90,670
 
Purchase from related parties
 
¥
797,585
 
¥
876,491
 
$
137,948
 
 
Leases from related parties - The Company has various agreements for the lease of office space owned by the Founders and their family members.  The terms of the agreement state that the Company will continue to lease the property at a monthly rent of ¥95,000 with annual rental expense at approximately ¥1.1 million ($0.2 million). The two-year lease agreements between Nanjing Recon and Mr. Yin and his family member started from July 10, 2014, the one-year lease agreements between BHD and Mr. Chen Guangqiang and his family member started from January 1, 2015 and the annual lease between the Company and Mr. Chen Guangqiang’s family member started from July 1, 2015. 
 
Short-term borrowings from related parties - The Company borrowed ¥16,916,905 and ¥9,405,714 ($1,480,329) from the Founders and their family members as of June 30, 2015 and September 30, 2015, respectively. For the specific terms and interest rates of the borrowings, see Note 12.
 
Expenses paid by the owner on behalf of Recon -  One owner of Nanjing Recon, Mr. Yin and the major owner of BHD, Mr. Chen paid certain operating expense for the Company. As of June 30, 2015 and September 30, 2015, ¥1,558,738 and ¥1,592,981 ($250,713) was due to them, respectively.