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v3.20.1

LAND USE RIGHTS | 6 Months Ended
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Dec. 31, 2019
LAND USE RIGHTS |
LAND USE RIGHTS | NOTE 12 - LAND USE RIGHTS Land use rights consisted of the following:
|  | June 30, |  | December 31, |  | December 31,
|  | 2019 |  | 2019 |  | 2019
|  | RMB |  | RMB |  | U.S. Dollars
Land use rights |  | ¥ | 1,361,969 |  | ¥ | 1,361,969 |  | $ | 195,460
Less: accumulated amortization |  |  | (54,082) |  |  | (67,702) |  |  | (9,716)
Land use rights, net |  | ¥ | 1,307,887 |  | ¥ | 1,294,267 |  | $ | 185,744
As of June 30, 2019 and December 31, 2019, no land use rights are collateralized or pledged. Amortization expenses were ¥13,620 and ¥13,620 ($1,955) for the six months ended December 31, 2018 and 2019, respectively. The estimated future amortization expenses are as follows:
Twelve months ending December 31, |  | RMB |  | U.S. Dollars
2020 |  | ¥ | 27,239 |  | $ | 3,909
2021 |  |  | 27,239 |  |  | 3,909
2022 |  |  | 27,239 |  |  | 3,909
2023 |  |  | 27,239 |  |  | 3,909
2024 |  |  | 27,239 |  |  | 3,909
Thereafter |  |  | 1,158,072 |  |  | 166,199
Total |  | ¥ | 1,294,267 |  | $ | 185,744

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- Definition Land Use Rights + References No definition available. + Details
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Data Type: | xbrli:stringItemType
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- Definition The entire disclosure for land use rights. + References No definition available. + Details
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Namespace Prefix: | rcon_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration