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LONG-TERM BORROWINGS DUE TO RELATED PARTY (Tables)

12 Months Ended

Jun. 30, 2023

LONG-TERM BORROWINGS DUE TO RELATED PARTY

Schedule of long-term borrowings due to related party

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​	​	​	​	​	​	​	​	​	​
​		June 30,			June 30,			June 30,
​	​	2022		​	2023		​	2023
Long-term borrowings due to related party:	​	RMB		​	RMB		​	US Dollars
Long-term borrowing from a founder, monthly payments of ¥126,135 inclusive of interest at 8.90%, ten years loan, due in November 2027.		¥	6,510,606		¥	—		$	—
Less: current portion		​	(999,530)		​	—		​	—
Total long-term borrowings due to related party		¥	5,511,076		¥	—	​	$	—

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- Definition

Tabular disclosure of information pertaining to long term debt due to related parties.

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