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RELATED PARTY TRANSACTIONS AND BALANCES (Tables) | 6 Months Ended
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Dec. 31, 2019
RELATED PARTY TRANSACTIONS AND BALANCES |
Schedule of Sales to related party | Sales to related party – sales to related party consisted of the following:
|  | For the six months ended December 31,
|  | 2018 |  | 2019 |  | 2019
|  | RMB |  | RMB |  | U.S. Dollars
Urumqi Yikeli Automatic Control Equipment Co., Ltd. |  | ¥ | 316,983 |  | ¥ | — |  | $ | —
Total revenues from related party |  | ¥ | 316,983 |  | ¥ | — |  | $ | —
Prepaid expenses - related parties - prepaid expenses - related parties consisted of the following:
|  | June 30, |  | December 31, |  | December 31,
|  | 2019 |  | 2019 |  | 2019
|  | RMB |  | RMB |  | U.S. Dollars
Founders |  | ¥ | 132,600 |  | ¥ | — |  | $ | —
Founders' family member |  |  | 85,000 |  |  | — |  |  | —
Total prepaid expenses - related parties |  | ¥ | 217,600 |  | ¥ | — |  | $ | —
Schedule of leases from related parties | The details of leases from related parties are as below:
|  |  |  |  |  | Monthly Rent |  | Monthly Rent
Lessee |  | Lessor |  | Rent Period |  | RMB |  | USD
Nanjing Recon |  | One of the Founders |  | April 1, 2018 - March 31, 2020 |  | ¥ | 60,000 |  | $ | 8,611
BHD |  | One of the Founders |  | January 1, 2019 - December 31, 2019 |  |  | 22,500 |  |  | 3,229
BHD |  | Founders' family member |  | January 1, 2019 - December 31, 2019 |  |  | 47,500 |  |  | 6,817
Recon-BJ |  | One of the Founders |  | July 1, 2019 - June 30, 2020 |  |  | 10,000 |  |  | 1,435

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- Definition The entire disclosure for purchases from related parties during the period. + References No definition available. + Details
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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
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- References No definition available. + Details
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