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PROPERTY AND EQUIPMENT, NET (Tables)

12 Months Ended

Jun. 30, 2022

PROPERTY AND EQUIPMENT, NET.

Schedule of Property and equipment

​

​	​	​	​	​	​	​	​	​	​
​		June 30,			June 30,			June 30,
​	​	2021		​	2022		​	2022
​	​	RMB		​	RMB		​	U.S. Dollars
Motor vehicles		¥	5,097,921		¥	5,312,274	​	$	793,146
Office equipment and fixtures		​	1,385,084		​	1,442,395	​		215,356
Production equipment		​	30,559,275		​	31,102,055	​		4,643,677
Total property and equipment		​	37,042,280		​	37,856,724	​		5,652,179
Less: accumulated depreciation		​	(9,135,200)		​	(11,614,250)	​		(1,734,060)
Less: Impairment for property and equipment		​	(768,312)		​	(768,312)	​	​	(114,712)
Property and equipment, net	​	¥	27,138,768	​	¥	25,474,162	​	$	3,803,407
Construction in progress		¥	—		¥	239,739	​	$	35,794

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- References

No definition available.

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

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