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LEASES (Tables)
6 Months Ended
Dec. 31, 2023
LEASES  
Schedule of operating lease related assets and liabilities recorded on the balance sheets

    

June 30, 

    

December 31,

    

December 31,

2023

2023

2023

RMB

US Dollars

RMB

(Unaudited)

(Unaudited)

Rights of use lease assets - current

    

¥

¥

1,714,263

    

$

241,449

Less: impairment

(834,975)

(117,604)

Rights of use lease assets, net - current

879,288

123,845

 

 

 

 

Rights of use lease assets - non - current

 

 

3,489,875

 

16,204,906

 

2,282,413

Less: impairment

 

 

(834,975)

 

 

Rights of use lease assets, net - non - current

 

2,654,900

16,204,906

2,282,413

Operating lease liabilities – current

 

¥

3,066,146

 

¥

722,857

$

101,812

Operating lease liabilities – non-current

 

25,144

 

341,366

 

48,080

Total operating lease liabilities

 

¥

3,091,290

 

¥

1,064,223

$

149,892

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

    

June 30, 

    

December 31,

2023

2023

RMB

RMB

(Unaudited)

Remaining lease term and discount rate:

 

  

Weighted average remaining lease term (years)

 

23.90

23.50

Weighted average discount rate

 

5.0

%  

5.0

%

Schedule of maturities of lease liabilities

    

RMB

    

US Dollars

Twelve months ending June 30,

(Unaudited)

(Unaudited)

2024

¥

1,045,399

$

147,241

2025

 

 

26,400

 

3,718

Total lease payments

 

 

1,071,799

 

150,959

Less: imputed interest

 

 

(7,576)

 

(1,067)

Present value of lease liabilities

 

 

1,064,223

 

149,892

Less: operating lease liabilities – current

 

 

722,857

 

101,812

Operating lease liabilities – non-current

 

¥

341,366

$

48,080