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LOANS TO THIRD PARTIES (Tables) | 6 Months Ended
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Dec. 31, 2019
LOANS TO THIRD PARTIES |
Schedule of Accounts, Notes, Loans and Financing Receivable |
|  | June 30, |  | December 31, |  | December 31,
|  | 2019 |  | 2019 |  | 2019
|  | RMB |  | RMB |  | U.S. Dollars
Working fund to third party companies |  | ¥ | 4,960,000 |  | ¥ | — |  | $ | —
Allowance for doubtful accounts |  |  | — |  |  | — |  |  | —
Total loans to third parties |  | ¥ | 4,960,000 |  | ¥ | — |  | $ | —

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- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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