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PROPERTY AND EQUIPMENT, NET | 6 Months Ended
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Dec. 31, 2019
PROPERTY AND EQUIPMENT, NET |
PROPERTY AND EQUIPMENT, NET | NOTE 11. PROPERTY AND EQUIPMENT, NET Property and equipment consisted of the following:
|  | June 30, |  | December 31, |  | December 31,
|  | 2019 |  | 2019 |  | 2019
|  | RMB |  | RMB |  | U.S. Dollars
Motor vehicles |  | ¥ | 4,923,152 |  | ¥ | 4,741,366 |  | $ | 680,449
Office equipment and fixtures |  |  | 1,350,235 |  |  | 1,363,202 |  |  | 195,638
Production equipment |  |  | 2,580,628 |  |  | 2,580,628 |  |  | 370,354
Total property and equipment |  |  | 8,854,015 |  |  | 8,685,196 |  |  | 1,246,441
Less: Accumulated depreciation |  |  | (5,192,694) |  |  | (5,417,970) |  |  | (777,551)
Property and equipment, net |  | ¥ | 3,661,321 |  | ¥ | 3,267,226 |  | $ | 468,890
Construction in progress |  | ¥ | 21,524,994 |  | ¥ | 23,143,654 |  | $ | 3,321,421
On August 4, 2017, Gan Su BHD purchased the land use right of state-owned construction land in Yumen, Gan Su, in the amount of ¥1,361,969 ($195,460). The land use right was intended to establish production line of the oily sludge disposal projects. As of December 31, 2019, the main construction of the project has completed, and the total cost incurred in the project was ¥23,143,654 ($3,321,421). Currently, the project is in the testing stage and Gan Su BHD has received its temporary hazardous waste operating permit. The project has been ready for its intended use and put into production in January 2020. Depreciation expenses were ¥501,837 and ¥397,972 ($57,114) for the six months ended December 31, 2018 and 2019, respectively. Loss from property and equipment disposal was ¥Nil and ¥3,189 ($458) for the six months ended December 31, 2018 and 2019, respectively.

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- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 + Details
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