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COMMITMENTS AND CONTINGENCY (Tables)

12 Months Ended

Jun. 30, 2023

COMMITMENTS AND CONTINGENCY

Schedule of total future minimum purchase commitment

​

​	​	​	​	​	​	​
Twelve months ending June 30,		RMB		​	US Dollars
2024	​	¥	22,395,958	​	$	3,088,544
2025	​	​	300,000	​	​	41,372
2026	​	​	150,000	​	​	20,686
Total minimum payments required		¥	22,845,958	​	$	3,150,602

Schedule of non-cancellable operating lease agreements

​

​	​	​	​	​	​	​
Twelve months ending June 30,		RMB			US Dollars
2024		¥	336,527	​	$	46,409
Total		¥	336,527	​	$	46,409

​

X

- Definition

Tabular disclosure of contractual obligation by timing of payment due. Includes, but is not limited to, long-term debt obligation, lease obligation, and purchase obligation.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (S-X 210.12-04)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-3

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- References

No definition available.

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X

- Definition

Tabular disclosure of arrangements in which the entity has agreed to procure goods or services from one or more suppliers. May include identification of the goods or services to be purchased, identity of the seller, pricing, effects on pricing for failing to reach minimum quantities required to be purchased (such as penalties), cancellation rights, and termination provisions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(17))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1

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-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(25))
-Publisher FASB
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