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PROPERTY AND EQUIPMENT, NET (Tables)

6 Months Ended

Dec. 31, 2021

PROPERTY AND EQUIPMENT, NET

Schedule of Property and equipment

​

​	​	​	​	​	​	​	​	​	​
​		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

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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 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(13))
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

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