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INCOME TAX (Tables)
12 Months Ended
Jun. 30, 2016
Income Tax Disclosure [Abstract]  
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]
Loss before provision for income taxes consisted of:
 
 
 
June 30, 2015
 
June 30, 2016
 
June 30, 2016
 
 
 
RMB
 
RMB
 
U.S. Dollars
 
Cayman Island and other areas
 
¥
(8,872,589)
 
¥
(14,257,066)
 
$
(2,145,749)
 
China
 
 
(25,135,874)
 
 
(26,079,666)
 
 
(3,925,101)
 
Total
 
¥
(34,008,463)
 
¥
(40,336,732)
 
$
(6,070,850)
 
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
Deferred tax asset is comprised of the following:
 
 
 
June 30, 2015
 
June 30, 2016
 
June 30, 2016
 
 
 
RMB
 
RMB
 
U.S. Dollars
 
Allowance for doubtful receivables
 
¥
1,072,279
 
¥
1,958,120
 
$
294,705
 
Net operating loss carry forward
 
 
669,819
 
 
1,790,615
 
 
269,495
 
Less: Valuation allowance
 
 
-
 
 
(3,748,735)
 
 
(564,200)
 
Total deferred income tax assets
 
¥
1,742,098
 
¥
-
 
$
-
 
 
Deferred tax liability is comprised of the following:
 
 
 
June 30, 2015
 
June 30, 2016
 
June 30, 2016
 
 
 
RMB
 
RMB
 
U.S. Dollars
 
Income tax cost due to unpayable accounts
 
¥
180,186
 
¥
180,186
 
$
27,119
 
Total deferred income tax liability
 
¥
180,186
 
¥
180,186
 
$
27,119
 
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
Following is a reconciliation of income tax at the effective rate to income tax at the calculated statutory rates:
 
 
 
For the year ended
June 30, 2015
 
For the year ended 
June 30, 2016
 
For the year ended 
June 30, 2016
 
 
 
RMB
 
RMB
 
U.S. Dollars
 
 
 
 
 
 
 
 
 
 
 
 
Income tax calculated at statutory rates
 
¥
(6,108,744)
 
¥
(6,230,384)
 
$
(937,699)
 
Nondeductible expenses (non-taxable income)
 
 
5,335,231
 
 
1,774,956
 
 
267,138
 
Benefit of favorable rate for high-technology companies
 
 
385,650
 
 
2,492,154
 
 
375,080
 
Benefit of revenue exempted from enterprise income tax
 
 
(190,614)
 
 
(43,363)
 
 
(6,526)
 
Deferred income tax
 
 
137,683
 
 
3,748,735
 
 
564,200
 
Over-accrued tax of prior year and others
 
 
(2,111,281)
 
 
(1,196,253)
 
 
(180,041)
 
Provision (benefit) for income tax
 
¥
(2,552,075)
 
¥
545,845
 
$
82,152
 
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
The Company’s tax provision is comprised of the following:
 
 
 
For the years ended June 30,
 
 
 
2015
 
2016
 
2016
 
 
 
RMB
 
RMB
 
U.S. Dollars
 
Current income tax provision
 
¥
(2,019,938)
 
¥
-
 
$
-
 
Adjust over accrued tax of prior years
 
 
-
 
 
(1,196,253)
 
 
(180,041)
 
Deferred income taxes provision (benefit)
 
 
(532,137)
 
 
1,742,098
 
 
262,193
 
Provision (benefit) for income tax
 
¥
(2,552,075)
 
¥
545,845
 
$
82,152