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LOANS TO THIRD PARTIES (Tables) | 6 Months Ended
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Dec. 31, 2021
LOANS TO THIRD PARTIES |
Schedule of loans to third parties | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | June 30, |  | December 31, |  | December 31,
​ | ​ | 2021 | ​ | 2021 | ​ | 2021
​ | ​ | ​ | ​ | RMB | ​ | U.S. Dollars
​ | ​ | RMB | ​ | (Unaudited) | ​ | (Unaudited)
Working fund to third party companies |  | ¥ | 50,476,782 |  | ¥ | 25,464,035 | ​ | $ | 4,002,887
Allowance for credit losses |  | ​ | — |  | ​ | — | ​ |  | —
Total loans to third parties |  | ¥ | 50,476,782 |  | ¥ | 25,464,035 | ​ | $ | 4,002,887

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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=120391452&loc=d3e13212-122682 + Details
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