XML 82 R116.htm IDEA: XBRL DOCUMENT v3.20.1
VARIABLE INTEREST ENTITIES (Details)
Dec. 31, 2019
USD ($)
Dec. 31, 2019
CNY (¥)
Jun. 30, 2019
CNY (¥)
Current assets      
Notes receivable $ 582,736 ¥ 4,060,506 ¥ 3,073,680
Trade accounts receivable, net 9,050,441 63,063,443 68,535,282
Trade accounts receivable-related party, net 489,368 3,409,912 3,409,912
Inventories, net 257,809 1,796,411 1,270,523
Other receivables, net 686,684 4,784,811 5,665,593
Loans to third parties 0 0 4,960,000
Purchase advances, net 26,862 187,174 1,343,576
Contract assets, net 2,095,996 14,604,897 4,633,940
Prepaid expenses 10,896 75,920 192,837
Prepaid expenses - related parties 0 0 217,600
Total current assets 14,682,598 102,308,293 97,824,268
Property and equipment, net 468,890 3,267,226 3,661,321
Construction in progress 3,321,421 23,143,654 21,524,994
Land use right, net 185,744 1,294,267 1,307,887
Investment in unconsolidated entity 4,480,521 31,220,259 31,078,971
Long-term other receivables, net 3,433 23,922 440,015
Prepayments for construction in progress 152,039 1,059,404 1,144,098
Right of use assets 76,420 532,491 0
Total Assets 23,371,066 162,849,516 156,981,554
Current liabilities      
Short-term bank loan 358,783 2,500,000 2,500,000
Trade accounts payable 2,107,972 14,688,353 14,089,293
Other payables 299,464 2,086,665 2,246,410
Advance from customers 290,579 2,024,753 120,000
Accrued payroll and employees' welfare 414,170 2,885,935 1,384,529
Taxes payable 406,387 2,831,702 2,180,847
Short-term borrowings 0 0 1,081,096
Operating lease liabilities - current 91,919 640,491 0
Total Current Liabilities 7,302,466 50,883,571 42,084,370
Total Liabilities 8,421,408 58,680,353 50,280,574
Variable Interest Entity, Primary Beneficiary [Member]      
Current assets      
Notes receivable 1,452,309 10,119,685 444,763
Trade accounts receivable, net 582,736 4,060,506 3,073,680
Trade accounts receivable-related party, net 9,050,441 63,063,443 68,535,282
Inventories, net 489,368 3,409,912 3,409,912
Other receivables, net 257,809 1,796,411 1,270,523
Loans to third parties 661,701 4,610,732 5,496,813
Purchase advances, net 0 0 4,960,000
Contract assets, net 22,467 156,550 1,343,576
Prepaid expenses 2,095,996 14,604,897 4,633,940
Prepaid expenses - related parties 9,460 65,920 0
Notes receivable 0 0 217,600
Total current assets 14,622,287 101,888,056 93,386,089
Property and equipment, net 468,890 3,267,226 3,661,321
Construction in progress 3,321,421 23,143,654 21,524,994
Land use right, net 185,744 1,294,267 1,307,887
Investment in unconsolidated entity 574,053 4,000,000 4,000,000
Long-term other receivables, net 3,433 23,922 440,015
Prepayments for construction in progress 152,039 1,059,404 1,144,098
Right of use assets 76,420 532,491 0
Total Assets 19,404,287 135,209,020 125,464,404
Current liabilities      
Short-term bank loan 2,107,973 2,500,000 2,500,000
Trade accounts payable 232,245 14,688,353 14,089,293
Other payables 232,245 1,618,283 946,941
Advance from customers 290,579 2,024,753 120,000
Accrued payroll and employees' welfare 258,153 1,798,811 988,785
Taxes payable 406,383 2,831,679 2,180,805
Short-term borrowings 358,783 0 1,081,096
Long-term borrowings - related party - current portion 116,724 813,334 780,797
Operating lease liabilities - current 91,919 640,491 0
Total Current Liabilities 6,214,681 41,685,612 33,230,904
Long-term borrowings - related party 1,118,942 7,796,782 8,196,204
Total Liabilities 7,333,623 49,482,394 41,427,108
Related Party [Member]      
Current liabilities      
Other payables 585,682 4,081,028 2,290,873
Short-term borrowings 1,712,301 11,931,310 9,010,525
Long-term borrowings - related party - current portion 116,724 813,334 780,797
Long-term borrowings - related party 1,118,942 7,796,782 8,196,204
Related Party [Member] | Variable Interest Entity, Primary Beneficiary [Member]      
Current liabilities      
Other payables 407,376 2,838,598 1,532,662
Short-term borrowings $ 1,712,301 ¥ 11,931,310 ¥ 9,010,525