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INVENTORIES, NET (Tables) | 6 Months Ended
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Dec. 31, 2019
INVENTORIES, NET |
Schedule of inventories | Inventories consisted of the following:
|  | June 30, |  | December 31, |  | December 31,
|  | 2019 |  | 2019 |  | 2019
|  | RMB |  | RMB |  | U.S. Dollars
Small component parts |  | ¥ | 57,060 |  | ¥ | 57,061 |  | $ | 8,190
Purchased goods and raw materials |  |  | 226,868 |  |  | 270,952 |  |  | 38,885
Work in process and goods on site |  |  | 533,924 |  |  | 305,591 |  |  | 43,856
Finished goods |  |  | 452,671 |  |  | 1,162,807 |  |  | 166,878
Allowance for slow moving inventory |  |  | — |  |  | — |  |  | —
Total inventories, net |  | ¥ | 1,270,523 |  | ¥ | 1,796,411 |  | $ | 257,809
Schedule of movement of allowance for slow-moving inventories | Movement of allowance for slow-moving inventories is as follows:
|  | June 30, |  | December 31, |  | December 31,
|  | 2019 |  | 2019 |  | 2019
|  | RMB |  | RMB |  | U.S. Dollars
Beginning balance |  | ¥ | 1,399,524 |  | ¥ | — |  | $ | —
Charge to cost of sales |  |  | 65,380 |  |  | 25,312 |  |  | 3,633
Less: Selling of slow-moving items |  |  | (1,464,904) |  |  | (25,312) |  |  | (3,633)
Ending balance |  | ¥ | — |  | ¥ | — |  | $ | —

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