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LEASES (Tables)

6 Months Ended

Dec. 31, 2021

LEASES

Summary of operating lease related assets and liabilities recorded on the balance sheets

​

​	​	​	​	​	​	​	​	​	​
​		June 30,			December 31,			December 31,
​	​	2021		​	2021		​	2021
​	​	​		​	RMB		​	U.S. Dollars
​	​	RMB		​	(Unaudited)		​	(Unaudited)
Rights of use lease assets, net		¥	7,925,930	​	¥	6,084,606		$	956,486
​			​	​		​	​		​
Operating lease liabilities – current			2,226,832	​		2,928,987	​		460,430
Operating lease liabilities – non-current			4,792,101	​		3,278,574	​		515,384
Total operating lease liabilities		¥	7,018,933	​	¥	6,207,561	​	$	975,814

Summary of weighted average remaining lease terms and discount rates for all of operating leases

​

​	​	​	​	​	​
​		​		December 31,	​
​	​	June 30,	​	2021	​
​	​	2021	​	(Unaudited)	​
Remaining lease term and discount rate:			​	​	​
Weighted average remaining lease term (years)		2.59	​	2.15	​
Weighted average discount rate		5.0	%	5.0	%

Summary of maturities of lease liabilities

​

​	​	​	​	​	​	​
​		RMB			U.S. Dollars
Twelve months ending December 31,	​	(Unaudited)		​	(Unaudited)
2022		¥	3,149,277	​	$	495,060
2023			2,747,650	​		431,924
2024			618,549	​		97,234
Total lease payments			6,515,476	​		1,024,218
Less: imputed interest			(307,915)	​		(48,404)
Present value of lease liabilities			6,207,561	​		975,814
Less: operating lease liabilities – current			2,928,987	​		460,430
Operating lease liabilities – non-current		¥	3,278,574	​	$	515,384

X

- Definition

The tabular disclosure of operating lease related assets and liabilities recorded on the balance sheets.

+ References

No definition available.

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X

- Definition

The tabular disclosure of weighted average remaining lease terms and discount rates for all of operating leases.

+ References

No definition available.

+ Details

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- References

No definition available.

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X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918701-209980

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