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SHORT-TERM BORROWINGS DUE TO RELATED PARTIES (Tables)
12 Months Ended
Jun. 30, 2023
SHORT-TERM BORROWINGS DUE TO RELATED PARTIES  
Schedule of short-term borrowings due to related parties

    

June 30, 

    

June 30, 

    

June 30, 

2022

2023

2023

Short-term borrowings due to related parties:

RMB

RMB

US Dollars

Short-term borrowing from a founder, 4.35% annual interest, due on November 17, 2022*

 

¥

4,006,767

 

¥

$

Short-term borrowing from a founder, 4.35% annual interest, due on December 26, 2022*

5,002,389

Short-term borrowing from a Founder, 3.65% annual interest, due on December 26, 2023

10,004,055

1,379,622

Short-term borrowing from a Founder, 3.40% annual interest, due on June 4, 2024

4,993,950

688,697

Short-term borrowing from a Founder, 3.40% annual interest, due on June 16, 2024

5,020,217

692,320

Total short-term borrowings due to related parties

 

¥

9,009,156

 

¥

20,018,222

$

2,760,639

*    The Company repaid the loans in full on maturity date.