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v3.22.1

PROPERTY AND EQUIPMENT, NET | 6 Months Ended
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Dec. 31, 2021
PROPERTY AND EQUIPMENT, NET |
PROPERTY AND EQUIPMENT, NET | NOTE 9. PROPERTY AND EQUIPMENT, NET Property and equipment, net consisted of the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | June 30, |  | December 31, |  | December 31,
​ | ​ | 2021 | ​ | 2021 | ​ | 2021
​ | ​ | ​ | ​ | ​ | RMB | ​ | U.S. Dollars
​ | ​ | RMB | ​ | (Unaudited) | ​ | (Unaudited)
Motor vehicles |  | ¥ | 5,097,921 |  | ¥ | 5,097,920 | ​ | $ | 801,382
Office equipment and fixtures |  | ​ | 1,385,084 |  | ​ | 1,481,943 | ​ |  | 232,958
Production equipment |  | ​ | 30,559,275 |  | ​ | 30,695,149 | ​ |  | 4,825,205
Total property and equipment |  | ​ | 37,042,280 |  | ​ | 37,275,012 | ​ |  | 5,859,545
Less: accumulated depreciation |  | ​ | (9,135,200) |  | ​ | (10,387,871) | ​ |  | (1,632,949)
Less: Impairment for property and equipment |  | ​ | (768,312) |  | ​ | (768,312) | ​ | ​ | (120,777)
Property and equipment, net |  | ¥ | 27,138,768 |  | ¥ | 26,118,829 | ​ | $ | 4,105,819
​ Depreciation expenses was ¥1,355,970 and ¥1,318,517 ($207,268) for the six months ended December 31, 2020 and 2021, respectively. Loss from property and equipment disposal was ¥1,095 and ¥35,279 ($5,546) for the six months ended December 31, 2020 and 2021, respectively.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=120429125&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916 + Details
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