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LOANS TO THIRD PARTIES (Tables)

6 Months Ended

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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- References

No definition available.

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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

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