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COMMITMENTS AND CONTINGENCY (Tables)

12 Months Ended

Jun. 30, 2022

COMMITMENTS AND CONTINGENCY

Schedule of total future minimum purchase commitment

​

​	​	​	​	​	​	​
Twelve months ending June 30,		Minimum purchase commitment
2023	​	¥	26,967,803	​	$	4,026,414
2024	​	​	300,000	​	​	44,791
2025	​	​	300,000	​	​	44,791
2026	​	​	150,000	​	​	22,396
Thereafter		​	—	​		—
Total minimum payments required		¥	27,717,803	​	$	4,138,392

Schedule of Non - cancellable operating lease agreements

​

​	​	​	​	​	​	​
Twelve months ending June 30,		RMB			U.S. Dollars
2023		¥	549,219	​	$	82,001
Total		¥	549,219	​	$	82,001

X

- Definition

Tabular disclosure of contractual obligation by timing of payment due. Includes, but is not limited to, long-term debt obligation, lease obligation, and purchase obligation.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher SEC
-Name Regulation S-K (SK)
-Number 229
-Section 303
-Paragraph (a)
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- Definition

Tabular disclosure of arrangements in which the entity has agreed to procure goods or services from one or more suppliers. May include identification of the goods or services to be purchased, identity of the seller, pricing, effects on pricing for failing to reach minimum quantities required to be purchased (such as penalties), cancellation rights, and termination provisions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(19))
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-Topic 942
-SubTopic 210
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