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v3.25.1

OTHER RECEIVABLES, NET (Tables) | 6 Months Ended
--- | ---
Dec. 31, 2024
OTHER RECEIVABLES, NET |
Schedule of other receivables, net | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | June 30, |  | December 31, |  | December 31,
​ | ​ | 2024 | ​ | 2024 | ​ | 2024
​ | ​ | ​ | ​ | RMB | ​ | US Dollars
Third Party |  | RMB |  | (Unaudited) |  | (Unaudited)
Business advances to officers and staffs * |  | ¥ | 1,373,300 |  | ¥ | 1,469,788 |  | $ | 201,360
Deposits for projects |  | ​ | 1,056,316 |  | ​ | 1,651,530 |  | ​ | 226,259
VAT recoverable |  | ​ | 583,413 |  | ​ | 625,505 |  | ​ | 85,694
Others |  | ​ | 1,139,397 |  | ​ | 763,660 |  | ​ | 104,620
Allowance for credit losses | ​ | ​ | (800,374) | ​ | ​ | (575,618) | ​ | ​ | (78,859)
Other receivable, net |  | ¥ | 3,352,052 | ​ | ¥ | 3,934,865 | ​ | $ | 539,074
*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, |  | December 31, |  | December 31,
​ | ​ | 2024 | ​ | 2024 | ​ | 2024
​ | ​ | ​ | ​ | RMB | ​ | US Dollars
​ | ​ | RMB | ​ | (Unaudited) | ​ | (Unaudited)
Beginning balance |  | ¥ | 1,994,960 | ​ | ¥ | 800,374 | ​ | $ | 109,651
Charge to (reversal of) allowance | ​ | ​ | (1,194,586) | ​ | ​ | (224,756) | ​ | ​ | (30,792)
Ending balance |  | ¥ | 800,374 | ​ | ¥ | 575,618 | ​ | $ | 78,859
​

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- Definition Tabular disclosure of other receivables. + References No definition available. + Details
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