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TRADE ACCOUNTS RECEIVABLE, NET (Tables)
6 Months Ended
Dec. 31, 2021
TRADE ACCOUNTS RECEIVABLE, NET  
Schedule of Accounts receivable

Accounts receivable, net consisted of the following:

    

June 30, 

    

December 31,

    

December 31,

2021

2021

2021

RMB

U.S. Dollars

Third Parties

RMB

(Unaudited)

(Unaudited)

Trade accounts receivable

 

¥

31,669,331

 

¥

42,135,448

$

6,623,593

Allowance for credit losses

 

(4,982,443)

 

(386,970)

 

(60,830)

Total third-parties, net

 

¥

26,686,888

 

¥

41,748,478

$

6,562,763

June 30, 

December 31,

December 31,

2021

2021

2021

    

    

RMB

    

U.S. Dollars

Third Parties- long-term

RMB

(Unaudited)

(Unaudited)

Trade accounts receivable

 

¥

4,332,984

 

¥

6,231,563

$

979,587

Allowance for credit losses

 

(4,332,984)

 

(6,231,563)

 

(979,587)

Total third-parties, net

 

¥

 

¥

$

Schedule of Movement of allowance for credit losses

Movement of allowance for doubtful accounts is as follows:

    

June 30, 

    

December 31,

    

December 31,

2021

2021

2021

RMB

U.S. Dollars

RMB

(Unaudited)

(Unaudited)

Beginning balance

 

¥

5,849,504

 

¥

9,315,427

$

1,464,363

Charge to (reversal of) credit losses

 

3,730,606

 

(2,647,068)

 

(416,113)

Less: write-off

 

(254,853)

 

 

Foreign currency translation adjustments

(9,830)

(49,826)

(7,833)

Ending balance

 

¥

9,315,427

 

¥

6,618,533

$

1,040,417