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RELATED PARTY TRANSACTIONS AND BALANCES (Tables)

6 Months Ended

Dec. 31, 2021

RELATED PARTY TRANSACTIONS AND BALANCES

Schedule of Sales to related party

Sales to related party – sales to related party consisted of the following:

​

​	​	​	​	​	​	​	​	​	​
​	​	For the six months ended December 31,
​	​	2020		​	2021		​	2021
​		​			RMB			U.S. Dollars
​	​	RMB		​	(Unaudited)		​	(Unaudited)
Urumqi Yikeli Automatic Control Equipment Co., Ltd.	​	¥	85,657	​	¥	—	​	$	—
Total revenues from related party	​	¥	85,657	​	¥	—	​	$	—

Schedule of Prepaid expenses related parties prepaid expenses

​

​	​	​	​	​	​	​	​	​	​
​	​	For the six months ended December 31,
​	​	2020		​	2021		​	2021
​		​			RMB			U.S. Dollars
​	​	RMB		​	(Unaudited)		​	(Unaudited)
Urumqi Yikeli Automatic Control Equipment Co., Ltd.	​	¥	85,657	​	¥	—	​	$	—
Total revenues from related party	​	¥	85,657	​	¥	—	​	$	—

Schedule of leases from related parties

​

The details of leases from related parties are as below:

​

​	​	​	​	​	​	​	​	​	​	​
​	​	​		​		Monthly Rent			Monthly Rent
Lessee		Lessor		Rent Period		RMB			USD
Nanjing Recon		One of the Founders		April 1, 2020 - March 31, 2022		¥	40,000	​	$	6,288
BHD		One of the Founders		January 3, 2022- Dec 31, 2022		​	31,667	​		4,978
BHD		One of the Founders		January 1, 2022- Dec 31, 2022		​	22,500	​		3,537
BHD		Founders’ family member		January 1, 2022- Dec 31, 2022		​	16,667	​		2,620

​

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- Definition

The entire disclosure for purchases from related parties during the period.

+ References

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The tabular disclosure of Prepaid expenses related parties prepaid expenses.

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- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918686-209980

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