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LEASES (Tables)

12 Months Ended

Jun. 30, 2023

LEASES

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

​

​	​	​	​	​	​	​	​	​	​
​		June 30,			June 30,			June 30,
​	​	2022		​	2023		​	2023
​	​	RMB		​	RMB		​	US Dollars
Rights of use lease assets, net		¥	6,666,759		¥	2,654,900		$	366,127
​	​	​	​	​	​	​	​	​	​
Operating lease liabilities – current			3,892,774			3,066,146	​		422,841
Operating lease liabilities – non-current			2,184,635			25,144	​		3,468
Total operating lease liabilities		¥	6,077,409		¥	3,091,290	​	$	426,309

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

​

​	​	​	​	​	​
​		June 30,		June 30,
​	​	2022	​	2023	​
Remaining lease term and discount rate:			​		​
Weighted average remaining lease term (years)		16.18	​	23.90	​
Weighted average discount rate		5.0	%	5.0	%

Schedule of maturities of lease liabilities

​

​	​	​	​	​	​	​
Twelve months ending June 30,		RMB			US Dollars
2024		¥	3,110,862	​	$	429,008
2025			26,400	​		3,641
Total lease payments			3,137,262	​		432,649
Less: imputed interest			(45,972)	​		(6,340)
Present value of lease liabilities			3,091,290	​		426,309
Less: operating lease liabilities – current			3,066,146	​		422,841
Operating lease liabilities – non-current		¥	25,144	​	$	3,468

​

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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- Definition

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

+ References

No definition available.

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- References

No definition available.

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- 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
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147478964/842-20-50-6

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