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INCOME TAX - Deferred tax asset, net (Details)	Dec. 31, 2019 USD ($)	Dec. 31, 2019 CNY (¥)	Jun. 30, 2019 CNY (¥)
INCOME TAX
Allowance for doubtful receivables	$ 120,708	¥ 841,096	¥ 832,515
Impairment loss from investment in unconsolidated entity	86,920	605,660	605,660
Net operating loss carryforwards	1,177,208	8,202,780	7,456,198
Less: Valuation allowance	(1,384,836)	(9,649,536)	(8,894,373)
Deferred income tax assets, net	$ 0	¥ 0	¥ 0

X

- Definition

Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from unrealized losses on trading securities.

+ References

No definition available.

+ Details

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X

- Definition

It Represents the Net operating loss carry forward.

+ References

No definition available.

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X

- Definition

Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b),(c)
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319

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- Definition

Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from the allowance for doubtful accounts.

+ References

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-Publisher FASB
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-Section 25
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-URI http://asc.fasb.org/extlink&oid=117330534&loc=d3e28680-109314

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- Definition

Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 10
-Section 50
-Paragraph 2
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No definition available.

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