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OTHER RECEIVABLES, NET (Tables)
12 Months Ended
Jun. 30, 2025
OTHER RECEIVABLES, NET  
Schedule of other receivables, net

    

June 30, 

    

June 30, 

    

June 30, 

2024

2025

2025

Third Party

RMB

RMB

US Dollars

Business advances to officers and staffs (A)

 

¥

1,373,300

 

¥

797,263

 

$

111,294

Deposits for projects

 

1,056,316

 

1,433,883

 

200,162

VAT recoverable

 

583,413

 

1,139,075

 

159,009

Others

 

1,139,397

 

1,127,654

 

157,413

Allowance for credit losses

(800,374)

(736,993)

(102,879)

Total Other receivable, net

 

¥

3,352,052

¥

3,760,881

$

524,999

(A)Business advances to officers and staffs represent advances for business travel and sundry expenses related to oilfield or on-site installation and inspection of products through customer approval and acceptance.
Schedule of movement of allowance for credit losses

    

June 30, 

    

June 30, 

    

June 30, 

2024

2025

2025

RMB

RMB

US Dollars

Beginning balance

 

¥

1,994,960

 

¥

800,374

$

111,728

Reversal of allowance

(1,194,586)

(63,381)

(8,849)

Ending balance

 

¥

800,374

 

¥

736,993

$

102,879