Recon Technology (RCON) 20-F 15 Nov 21 2021 FY Annual report (foreign) Financial data

Document And Entity Information

Document And Entity Information	12 Months Ended
	Jun. 30, 2021shares
Document Information [Line Items]
Entity Registrant Name	Recon Technology, Ltd
Entity Central Index Key	0001442620
Document Type	20-F
Document Period End Date	Jun. 30, 2021
Amendment Flag	false
Current Fiscal Year End Date	--06-30
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Interactive Data Current	Yes
Trading Symbol	RCON
Title of 12(b) Security	Class A Ordinary Shares, $0.0925 par value per share
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding	26,868,391
Document Registration Statement	false
Entity File Number	001-34409
Entity Incorporation, State or Country Code	E9
Entity Address, Address Line One	Room 601, No. 1 Shui’an South Street
Entity Address, Address Line Two	Chaoyang District
Entity Address, City or Town	Beijing
Entity Address, Postal Zip Code	100012
Entity Address, Country	CN
Document Transition Report	false
Document Annual Report	true
Document Shell Company Report	false
Document Accounting Standard	U.S. GAAP
Business Contact [Member]
Document Information [Line Items]
Entity Address, Address Line One	Room 601, No. 1 Shui’an South Street
Entity Address, City or Town	Beijing
Entity Address, Postal Zip Code	100012
Entity Address, Country	CN
City Area Code	+86
Local Phone Number	(10) 8494 5799
Contact Personnel Name	Liu Jia
Contact Personnel Email Address	liujia@recon.cn

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)
Current assets
Cash	¥ 343,998,570	$ 53,268,248	¥ 30,336,504
Notes receivable	6,305,633	976,429	4,180,885
Trade accounts receivable, net	26,686,888	4,132,470	48,244,015
Trade accounts receivable-related party, net	0	0	3,068,920
Inventories, net	3,644,522	564,355	1,985,723
Other receivables, net	6,939,676	1,074,610	6,350,802
Loans to third parties	50,476,782	7,816,340	3,200,377
Purchase advances, net	1,078,137	166,950	178,767
Contract costs, net	48,795,906	7,556,056	31,537,586
Prepaid expenses	146,071	22,619	198,294
Prepaid expenses - related parties	433,000	67,050
Total current assets	488,505,185	75,645,127	129,281,873
Property and equipment, net	27,138,768	4,202,444	29,756,879
Land use right, net	1,253,408	194,090	1,280,648
Intangible assets, net	6,650,000	1,029,754
Investment in unconsolidated entity	27,931,795	4,325,244	31,541,850
Long-term other receivables, net	114,679	17,758	3,640
Goodwill	6,996,895	1,083,471
Operating lease right-of-use assets (including 803,503 and 352,775 ($54,627) from a related party as of June 30, 2020 and June 30, 2021, respectively)	7,925,930	1,227,332	2,549,914
Total Assets	566,516,660	87,725,220	194,414,804
Current liabilities
Short-term bank loans	15,000,000	2,322,753	9,520,000
Trade accounts payable	21,956,481	3,399,966	23,034,347
Other payables	9,862,762	1,527,251	2,609,486
Other payable- related parties	2,400,667	371,744	4,498,318
Contract liabilities	7,686,276	1,190,221	3,486,033
Accrued payroll and employees' welfare	1,954,484	302,652	1,917,635
Investment payable			6,400,000
Taxes payable	1,248,994	193,407	1,108,288
Short-term borrowings	530,000	82,071	200,000
Short-term borrowings - related parties	12,676,042	1,962,888	10,230,746
Long-term borrowings - related party - current portion	920,066	142,472	847,346
Operating lease liabilities - current (including 450,728 and 352,775 ($54,627) from a related party as of June 30, 2020 and June 30, 2021, respectively)	2,226,832	344,825	1,328,976
Total Current Liabilities	76,462,604	11,840,250	65,181,175
Operating lease liabilities - non-current (including 352,775 and nil from a related party as of June 30, 2020 and June 30, 2021, respectively)	4,792,101	742,058	1,210,088
Long-term borrowings - Non current - related party	6,486,551	1,004,444	7,379,253
Deferred tax liability	624,088	96,640
Warrant liability	190,635,850	29,520,000
Total Liabilities	279,001,194	43,203,392	73,770,516
Commitments and Contingencies
Equity
Additional paid-in capital	479,490,763	74,249,242	282,505,455
Statutory reserve	4,148,929	642,462	4,148,929
Accumulated deficit	(206,860,320)	(32,032,362)	(184,027,586)
Accumulated other comprehensive income	1,974,836	305,804	2,825,731
Total stockholders' equity	295,095,034	45,695,526	110,029,762
Non-controlling interests	(7,579,568)	(1,173,698)	10,614,526
Total equity	287,515,466	44,521,828	120,644,288
Total Liabilities and Equity	566,516,660	87,725,220	194,414,804
Class A ordinary shares
Equity
Common stock value	¥ 16,340,826	$ 2,530,380	¥ 4,577,233

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical)	Jun. 30, 2021CNY (¥)shares	Jun. 30, 2021USD ($)$ / sharesshares	Jun. 30, 2020CNY (¥)shares
Rights of use lease assets	¥ 7,925,930	$ 1,227,332	¥ 2,549,914
Operating lease liabilities - current (including 450,728 and 352,775 ($54,627) from a related party as of June 30, 2020 and June 30, 2021, respectively)	2,226,832	344,825	1,328,976
Operating lease liabilities - non-current	¥ 4,792,101	$ 742,058	¥ 1,210,088
Class A ordinary shares
Common shares, par value (in dollars per share) | $ / shares		$ 0.0925
Common shares, shares authorized	150,000,000	150,000,000	150,000,000
Common shares, shares issued	26,868,391	26,868,391	7,202,832
Common shares, shares outstanding	26,868,391	26,868,391	7,202,832
Class B ordinary shares
Common shares, par value (in dollars per share) | $ / shares		$ 0.0925
Common shares, shares authorized	20,000,000	20,000,000	20,000,000
Common shares, shares issued	0	0	0
Common shares, shares outstanding	0	0	0
Related Party
Rights of use lease assets	¥ 352,775	$ 54,627	¥ 803,503
Operating lease liabilities - current (including 450,728 and 352,775 ($54,627) from a related party as of June 30, 2020 and June 30, 2021, respectively)	352,775	$ 54,627	450,728
Operating lease liabilities - non-current | ¥	¥ 0		¥ 352,775

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS	12 Months Ended
	Jun. 30, 2021CNY (¥)¥ / sharesshares	Jun. 30, 2021USD ($)$ / sharesshares	Jun. 30, 2020CNY (¥)¥ / sharesshares	Jun. 30, 2019CNY (¥)¥ / sharesshares
Revenues	¥ 47,938,575	$ 7,423,298	¥ 65,760,651	¥ 102,384,327
Cost of revenues	40,723,547	6,306,050	46,154,255	72,518,963
Gross profit	7,215,028	1,117,248	19,606,396	29,865,364
Selling and distribution expenses	8,038,965	1,244,835	4,417,413	9,076,266
General and administrative expenses	45,949,157	7,115,236	26,120,099	41,288,351
Provision for credit losses	8,191,247	1,268,416	2,203,531	610,776
Impairment loss of property and equipment	768,312	118,973	0	0
Research and development expenses	5,846,295	905,300	7,042,385	3,133,545
Operating expenses	68,793,976	10,652,760	39,783,428	54,108,938
Loss from operations	(61,578,948)	(9,535,512)	(20,177,032)	(24,243,574)
Other income (expenses)
Subsidy income	355,667	55,075	1,210,318	1,149,016
Interest income	918,629	142,250	54,746	40,391
Interest expense	(2,210,005)	(342,220)	(1,451,890)	(1,589,045)
Income (loss) from investment in unconsolidated entity	(266,707)	(41,300)	462,879	(959,905)
Changes In Fair Value Of Warrant Liability	35,365,792	5,476,400	0	0
Remeasurement gain of previously held equity interests in connection with step acquisition	979,254	151,638	0	0
Foreign exchange transaction gain (loss)	(146,898)	(22,747)	(17,720)	56,603
Other income	192,137	29,752	78,417	162,585
Other income (expense), net	35,187,869	5,448,848	336,750	(1,140,355)
Loss before income tax	(26,391,079)	(4,086,664)	(19,840,282)	(25,383,929)
Income tax expenses (benefit)	(524,251)	(81,180)	282,322	398,477
Net loss	(25,866,828)	(4,005,484)	(20,122,604)	(25,782,406)
Less: Net loss attributable to non-controlling interests	(3,034,094)	(469,830)	(875,903)	(426,501)
Net loss attributable to Recon Technology, Ltd	(22,832,734)	(3,535,654)	(19,246,701)	(25,355,905)
Comprehensive loss
Net loss	(25,866,828)	(4,005,484)	(20,122,604)	(25,782,406)
Foreign currency translation adjustment	(850,895)	(131,761)	(84,205)	1,393,843
Comprehensive loss	(26,717,723)	(4,137,245)	(20,206,809)	(24,388,563)
Less: Comprehensive loss attributable to non- controlling interests	(3,034,094)	(469,830)	(875,903)	(426,501)
Comprehensive loss attributable to Recon Technology, Ltd	¥ (23,683,629)	$ (3,667,415)	¥ (19,330,906)	¥ (23,962,062)
Loss per common share - basic and diluted | (per share)	¥ (1.80)	$ (0.28)	¥ (4.16)	¥ (6.49)
Weighted - average shares -basic and diluted | shares	12,697,024	12,697,024	4,624,615	3,908,833
Related Party
Revenues	¥ 85,657	$ 13,264	¥ 0	¥ 3,726,894
Cost of revenues | ¥			0	2,202,765
Third Party [Member]
Revenues	47,852,918	7,410,034	65,760,651	98,657,433
Cost of revenues	¥ 40,723,547	$ 6,306,050	¥ 46,154,255	¥ 70,316,198

CONSOLIDATED INTERIM STATEMENTS

CONSOLIDATED INTERIM STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY		Class A ordinary sharesCommon stockCNY (¥)shares		Additional Paid-in Capital [Member]CNY (¥)	Statutory Reserves [Member]CNY (¥)	Accumulated deficit [Member]CNY (¥)	Accumulated Other Comprehensive income (loss) [Member]CNY (¥)	Stockholders' Equity [Member]CNY (¥)	Non-controlling Interest [Member]CNY (¥)	Non-controlling Interest [Member]USD ($)	CNY (¥)shares	USD ($)shares
Opening Balance at Jun. 30, 2018		¥ 2,279,510		¥ 207,490,280	¥ 4,148,929	¥ (139,424,980)	¥ 1,516,093	¥ 76,009,832	¥ 10,861,930		¥ 86,871,762	$ 13,452,110
Opening Balance (in shares) at Jun. 30, 2018	[1]	3,677,843
Capital contribution in non-controlling interests					0				650,000		650,000	100,653
Restricted shares issued for services		¥ 15,902		829,879				845,781			845,781	130,969
Restricted shares issued for services (in shares)	[1]	25,000
Issuance of common stock in exchange of shares of Starry, FGS, net of issuance costs		¥ 307,981		21,125,815				21,433,796			21,433,796	3,319,028
Issuance of common stock in exchange of shares of Starry, FGS, net of issuance costs (in shares)	[1]	487,057
Restricted shares issued for management		¥ 109,380		11,530,961				11,640,341			11,640,341	1,802,509
Restricted shares issued for management (in shares)	[1]	171,734
Stock based payments				9,647,863				9,647,863			9,647,863	1,493,974
Net loss for the year						(25,355,905)		(25,355,905)	(426,501)		(25,782,406)	(3,992,411)
Foreign currency translation adjustment							1,393,843	1,393,843			1,393,843	215,837
Ending Balance at Jun. 30, 2019		¥ 2,712,773		250,624,798	4,148,929	(164,780,885)	2,909,936	95,615,551	11,085,429		106,700,980	16,522,669
Ending Balance (in shares) at Jun. 30, 2019	[1]	4,361,634
Capital contribution in non-controlling interests									405,000		405,000	62,714
Stock issuance		¥ 1,701,005		24,065,350				25,766,355			25,766,355	3,989,925
Stock issuance (in shares)	[1]	2,591,112
Restricted shares issued for services				33,927				33,927			¥ 33,927	$ 5,254
Stock options exercised (in shares)											0	0
Restricted shares issued for management		¥ 163,455		7,781,380				7,944,835			¥ 7,944,835	$ 1,230,259
Restricted shares issued for management (in shares)	[1]	250,086
Net loss for the year						(19,246,701)		(19,246,701)	(875,903)		(20,122,604)	(3,115,990)
Foreign currency translation adjustment							(84,205)	(84,205)			(84,205)	(13,039)
Ending Balance at Jun. 30, 2020		¥ 4,577,233		282,505,455	4,148,929	(184,027,586)	2,825,731	110,029,762	10,614,526		120,644,288	18,681,792
Ending Balance (in shares) at Jun. 30, 2020	[1]	7,202,832
Capital contribution in non-controlling interests									50,000		50,000	7,743
Step acquisition of FGS									34,790,000		34,790,000	5,387,239
Capital contribution receivable due from non-controlling Interest									(50,000,000)	$ (7,742,510)	(50,000,000)	(7,742,510)
Stock issuance		¥ 3,579,783		77,511,358				81,091,141			81,091,141	12,556,980
Stock issuance (in shares)	[1]	6,014,102
Stock issuance for warrants exercised		¥ 1,563,589		19,566,446				21,130,035			21,130,035	3,271,990
Stock issuance for warrants exercised (in shares)	[1]	2,591,112
Proceeds from Pre-founded warrants		¥ 791,658		29,484,911				30,276,569			¥ 30,276,569	$ 4,688,333
Proceeds from Pre-founded warrants (in shares)	[1]	1,330,000
Stock options exercised (in shares)											0	0
Issuance of common stock in exchange of shares of Starry, FGS, net of issuance costs		¥ 187,133		27,488,317				27,675,450			¥ 27,675,450	$ 4,285,549
Issuance of common stock in exchange of shares of Starry, FGS, net of issuance costs (in shares)	[1]	316,345
Stock issuance for convertible notes redemption		¥ 5,528,591		36,907,078				42,435,669			¥ 42,435,669	$ 6,571,172
Stock issuance for convertible notes redemption (in shares)		9,225,338	[1]								9,225,338	9,225,338
Restricted shares issued for management		¥ 112,839		6,027,198				6,140,037			¥ 6,140,037	$ 950,786
Restricted shares issued for management (in shares)	[1]	188,662
Net loss for the year						(22,832,734)		(22,832,734)	(3,034,094)		(25,866,828)	(4,005,485)
Foreign currency translation adjustment							(850,895)	(850,895)			(850,895)	(131,761)
Ending Balance at Jun. 30, 2021		¥ 16,340,826		¥ 479,490,763	¥ 4,148,929	¥ (206,860,320)	¥ 1,974,836	¥ 295,095,034	¥ (7,579,568)		¥ 287,515,466	$ 44,521,828
Ending Balance (in shares) at Jun. 30, 2021	[1]	26,868,391
[1]	Retrospectively restated for effect of stock split on December 27, 2019.

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS	12 Months Ended
	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)	Jun. 30, 2019CNY (¥)
Cash flows from operating activities:
Net loss	¥ (25,866,828)	$ (4,005,484)	¥ (20,122,604)	¥ (25,782,406)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	3,150,789	487,900	1,609,700	1,124,011
Loss (gain) from disposal of equipment	19,590	3,034	(89,156)	0
Changing in fair value of warrant liability	(35,365,792)	(5,476,400)
Amortization of offering cost of warrants	12,584,024	1,948,639
Provision for doubtful accounts	8,191,247	1,268,416	2,203,531	610,776
Provision for slow moving inventories	654,673	101,376	56,817	65,380
Impairment of property and equipment	768,312	118,973	0	0
Amortization of right of use assets	1,866,803	289,075	1,408,551	0
Restricted shares issued for management and employees	6,140,037	950,786	7,944,835	21,288,204
Remeasurement gain of previously held equity interests in connection with step acquisition	(979,254)	(151,638)	0	0
Loss (income) from investment in unconsolidated entity	266,707	41,300	(462,879)	959,905
Deferred tax benefit	(425,913)	(65,953)	0	0
Interest expenses related to convertible notes	430,416	66,650	0	0
Restricted shares issued for services			33,927	845,781
Changes in operating assets and liabilities:
Notes receivable	(2,124,748)	(329,018)	(1,107,205)	922,282
Trade accounts receivable	18,326,410	2,837,848	18,428,088	(40,461,376)
Trade accounts receivable-related party	3,409,912	528,026	0	(3,409,912)
Inventories	(2,502,263)	(387,476)	(1,124,935)	(1,197,529)
Other receivable	(338,468)	(52,412)	(287,242)	(928,882)
Purchase advance	(899,371)	(139,268)	1,210,309	5,784,669
Contract costs	(21,944,876)	(3,398,168)	(26,938,013)	7,554,745
Prepaid expense	143,354	22,198	(5,457)	316,845
Prepaid expense - related parties	(433,000)	(67,050)	217,600	(217,600)
Operating lease liabilities	(2,762,949)	(427,843)	(1,419,402)	0
Trade accounts payable	(2,109,944)	(326,725)	8,205,660	(400,034)
Other payables	6,669,009	1,032,698	(23,600)	(861,620)
Other payables-related parties	(2,577,610)	(399,143)	2,207,445	(920,584)
Advance from customers	4,160,456	644,247	3,366,033	(37,856)
Accrued payroll and employees' welfare	(1,593,822)	(246,804)	533,109	784,095
Accrued expenses	(983,821)	(152,344)	9,425	0
Taxes payable	76,452	11,839	(1,085,213)	1,748,934
Net cash used in operating activities	(34,050,468)	(5,272,722)	(5,230,676)	(32,212,172)
Cash flows from investing activities:
Investment in unconsolidated entity			0	(4,205,080)
Purchases of property and equipment	(522,416)	(80,896)	(85,974)	(1,735,956)
Proceeds from disposal of equipment			900	0
Repayments from loans to third parties	5,150,377	797,537	11,239,623	1,000,000
Payments made for loans to third parties	(51,638,458)	(7,996,226)	(9,480,000)	(4,000,000)
Payments and prepayments for construction in progress			(3,782,912)	(4,606,823)
Step acquisition of FGS, net of cash	471,843	73,065	0	0
Net cash used in investing activities	(46,538,654)	(7,206,520)	(2,108,363)	(13,547,859)
Cash flows from financing activities:
Proceeds from short-term bank loans	16,020,000	2,480,700	9,520,000	2,500,000
Repayments of short-term bank loans	(10,540,000)	(1,632,121)	(2,500,000)	0
Proceeds from short-term borrowings	3,660,000	566,752	200,000	1,081,096
Repayments of short-term borrowings	(3,360,000)	(520,297)	(1,000,000)	0
Proceeds from short-term borrowings-related parties	18,400,000	2,849,244	17,415,000	5,000,000
Repayments of short-term borrowings-related parties	(15,950,000)	(2,469,861)	(16,195,000)	(5,000,000)
Repayments of long-term borrowings-related party	(816,952)	(126,505)	(747,630)	(684,191)
Proceeds from warrants issued with coomon stock	212,051,414	32,836,204	0	0
Proceeds from sale of common stock, net of issuance costs	81,091,141	12,556,980	26,141,051	0
Proceeds from pre-founded warrants received in advance	30,276,569	4,688,333	0	0
Proceeds from stock issuance for warrants exercised	21,130,035	3,271,990	0	0
Proceeds from issuance of convertible notes	42,014,616	6,505,972	0	0
Refund of capital contribution by a non-controlling shareholder			0	(200,000)
Capital contribution by non-controlling shareholders	50,000	7,743	405,000	850,000
Net cash provided by financing activities	394,026,823	61,015,134	33,238,421	3,546,905
Effect of exchange rate fluctuation on cash	224,365	34,742	(84,203)	1,393,873
Net increase (decrease) in cash	313,662,066	48,570,634	25,815,179	(40,819,253)
Cash at beginning of year	30,336,504	4,697,614	4,521,325	45,340,578
Cash at end of year	343,998,570	53,268,248	30,336,504	4,521,325
Supplemental cash flow information
Cash paid during the period for interest	1,682,863	260,592	1,400,462	1,542,381
Cash received during the period for taxes	(98,338)	(15,228)	282,322	2,002
Non-cash investing and financing activities
Cancellation of common stock issued prior years in exchange of shares of FGS , net of issuance costs	(1,689,807)	(261,667)	0	0
Issuance of common stock in exchange of shares of FGS , net of issuance costs	1,689,807	261,667	0	21,433,796
Issuance of common stock in exchange of shares of Starry, net of issuance costs	27,675,450	4,285,549	0	0
Investment payable in exchange of interest of FGS			0	6,400,000
Conversion of convertible notes to 9,225,338 shares of common stock	42,435,669	6,571,172	0	0
Right-of-use assets obtained in exchange for operating lease obligations	7,242,819	1,121,552	1,228,963	0
Inventories used as fixed assets	302,795	46,888	409,735	0
Payable for construction in Progress			732,513	5,694,980
Receivable for disposal of property and equipment			110,000	0
Payable for issuance cost of common stock			374,696	0
Capital contribution receivable due from non-controlling Interest	¥ 50,000,000	$ 7,742,510	¥ 0	¥ 0

CONSOLIDATED STATEMENTS OF CA_2

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical)	12 Months Ended
	Jun. 30, 2021shares
CONSOLIDATED STATEMENTS OF CASH FLOWS
Conversion of convertible notes to number shares of ordinary shares	9,225,338

ORGANIZATION AND NATURE OF OPER

ORGANIZATION AND NATURE OF OPERATIONS	12 Months Ended
	Jun. 30, 2021
ORGANIZATION AND NATURE OF OPERATIONS
ORGANIZATION AND NATURE OF OPERATIONS	NOTE 1. ORGANIZATION AND NATURE OF OPERATIONS Organization The Company, along with its wholly-owned subsidiaries, Recon Investment Ltd. (“Recon-IN”) and Recon Hengda Technology (Beijing) Co., Ltd. (“Recon-BJ”), conducts its business through the following PRC legal entities (“Domestic Companies”) that are consolidated as variable interest entities (“VIEs”) and operate in the Chinese energy industry: 1. Beijing BHD Petroleum Technology Co., Ltd. (“BHD”), 2. Nanjing Recon Technology Co., Ltd. (“Nanjing Recon”). The Company has signed Exclusive Technical Consulting Service Agreements with each of the Domestic Companies, which are its VIEs, and Equity Interest Pledge Agreements and Exclusive Equity Interest Purchase Agreements with their shareholders. Through these contractual arrangements, the Company has the ability to substantially influence each of the Domestic Companies’ daily operations and financial affairs, appoint their senior executives and approve all matters requiring shareholder approval. As a result of these contractual arrangements, which enable the Company to control the Domestic Companies, the Company is considered as the primary beneficiary of each Domestic Company. Thus, the Company is able to absorb 90% of net interest or 100% of net loss of those VIEs. On February 21, 2019, the Company’s board of directors approved transferring the VIEs and VIE-controlled companies from Jining Recon Technology Ltd. (“Recon-JN”) to Recon-BJ. At the time, both Recon-JN and Recon-BJ were the Company’s wholly owned subsidiaries in China. On April 1, 2019, the Company completed the VIE transfer process and then completed the dissolution of Recon-JN on April 10, 2019, and subsequently completed the dissolution of Recon Technology Co., Limited (“Recon HK”) on May 15, 2020. The Company does not expect any negative impact of this process on its operations. On December 17, 2015, Huang Hua BHD Petroleum Equipment Manufacturing Co.LTD, a fully owned subsidiary established by BHD was organized under the laws of the PRC, focusing on the design, assemble and manufacture of hearing equipment. Gan Su BHD Environmental Technology Co., Ltd (“Gan Su BHD”) was established on May 23, 2017, with registered capital of ¥50 million. The paid in capital was ¥22,935,000 ($3,551,489) as of June 30,2021. On April 26, 2021, the minority shareholder of Gan Su BHD transferred 15.4% of the equity interest hold to BHD. On May 19, 2021, the minority shareholder transferred 3.6% equity shares and BHD transferred 15.4% equity shares of Gan Su BHD to Nanjing Recon. There is no consideration paid for the transfer.Thus, by June 30, 2021, BHD owns an interest of 51% and Nanjing Recon owns an interest of 19% of Gan Su BHD, which is focusing on oilfield sewage treatment and oily sludge disposal projects. Qing Hai BHD New Energy Technology Co., Ltd. (“Qinghai BHD”) was established on October 16, 2017, with registered capital of ¥50 million. The paid in capital was ¥4,200,000 ($650,371) as of June 30, 2021. BHD owned an interest of 55% of Qinghai BHD previously; however, based on an agreement signed by the shareholders of Qinghai BHD dated October 23, 2018, each of the other two individual shareholders agreed to reduce 10% of their equity interests. As a result, Qinghai BHD returned ¥200,000 paid in capital back to one of the individual shareholders. After the new arrangement, BHD owns a total interest of 75% of Qinghai BHD. The remaining paid in capital should be contributed by BHD and the other individual shareholder is ¥33,300,000 ($5,156,512) and ¥12,500,000 ($1,935,628) respectively. Based on its charter dated September 29, 2017, the remaining capital will be injected before September 29, 2036. As the energy consumption market opened to private and foreign companies, and online payment technology developed, the Domestic Companies began to invest in the downstream of the oil industry. On December 15, 2017, BHD and Nanjing Recon entered into a subscription agreement with Future Gas Station (Beijing) Technology, Ltd (“FGS”), pursuant to which the Domestic Companies acquired an 8% equity interest in FGS. Established in January 2016, FGS is a service company focusing on providing new technical applications and data operations to gas stations and provides solutions to gas stations to improve their operations and their customers’ experience. On August 21, 2018, the Domestic Companies entered into an investment agreement and a supplemental agreement (collectively, the “Investment Agreement”) with FGS and the other shareholders of FGS. Pursuant to the Investment Agreement, our VIEs’ ownership interest in FGS shall increase from 8% to 43%, in exchange for their investment in FGS for a total amount of ¥10 million in cash and the issuance of 487,057 restricted Class A Ordinary Shares to the other shareholders of FGS with certain conditions. As of June 30, 2019, the Domestic Companies invested an aggregate amount of ¥35,116,707 ($5,113,984) in FGS and issued 487,057 restricted shares in total to other shareholders of FGS, and the Domestic Companies’ ownership interest in FGS has increased to 43%. On February 4, 2021, Nanjing Recon and BHD, entered into the fourth supplemental agreement to the investment agreement with FGS and FGS’ founding shareholders to acquire 8% equity ownership of FGS. The transaction has been closed. As a result, the Domestic Companies collectively own 51% interest of FGS and we began to consolidate the financial results of FGS since January 2021. Through the fourth supplemental agreement, the Domestic Companies waived the requirement on FGS’ performances goal about the number of gas stations. Accordingly, the Domestic Companies agreed to pay for the balance of the investment and cancelled the related lock-up terms on the restricted shares, in exchange of additional 8% equity ownership of FGS. Nature of Operations Impact of Covid-19 - ​

LIQUIDITY

LIQUIDITY	12 Months Ended
	Jun. 30, 2021
LIQUIDITY
LIQUIDITY	NOTE 2. LIQUIDITY As disclosed in the Company’s consolidated financial statements, the Company had recurring net losses for the years ended June 30, 2019, 2020 and 2021. In assessing its liquidity, management monitors and analyzes the Company’s cash on-hand and its ability to generate sufficient revenue sources in the future to support its operating and capital expenditure commitments. The Company’s liquidity needs are to meet its working capital requirements, operating expenses and capital expenditure obligations. Direct offering and debt financing in the forms of loans payable and loans from related parties have been utilized to finance the working capital requirements of the Company. Two major shareholders also renewed a 3-year commitment letter for financial support and whenever the Company has liquidity difficulty, they will provide working capital to support daily operation of the Company. Despite those negative financial trends, as of June 30, 2021, the Company has positive working capital due to the following measurements the management has taken to enhance the Company’s liquidity: 1) The Company financed through direct offering of its common stock and prefunded warrants. On June 14, 2021, the Company and certain institutional investors entered into certain securities purchase agreement to sell to an aggregate of 6,014,102 Class A Ordinary Shares and 2,800,000 pre-funded warrants to purchase Class A Ordinary Shares in a registered direct offering and warrants to purchase up to 8,814,102 Class A Ordinary Shares in a concurrent private placement, for gross proceeds of approximately $55.0 million before deducting the placement agent’s fees and other estimated offering expenses. 2) The Company financed through convertible debt during this period as a reserve for some future projects. On November 25, 2020, the Company and certain accredited investors (the “Investors”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) pursuant to which the Company agreed to sell to the Investors, and the Investors agreed to purchase from the Company, in an unregistered private transaction, convertible promissory notes (the “Convertible Notes”) with an aggregate principal amount of $6,485,000 , convertible into Class A Ordinary Shares, $0.0925 par value per share of the Company at a rate of $0.71 per Class A Ordinary Share, upon the terms and subject to the limitations and conditions set forth in such Convertible Notes. The Company received the full principal amount in December 2020. On January 28, 2021, the Company received the conversion notices from the Investors, and Class A Ordinary Shares totaling 9,225,338 were issued by the Company to the Investors equaling principal and interests amounted to $6,549,990 , after the issuance, all the outstanding principle and interests have been converted. 3) The Company financed through borrowing from shareholders and senior management. As of June 30 , 2021, the Company has short-term borrowings due to related parties amounted to ¥ 12.7 million ( $2.0 million), and long-term borrowings due to a related party amounted to ¥ 7.4 million ( $1.1 million). 4) The Company also financed from commercial banks. As of June 30 , 2021, the Company had ¥ 15.0 million ( $2.3 million) in bank loans outstanding. The management expects that the Company will be able to renew its existing bank loan upon its maturity based on past experience and our good credit history. Management believes that the foregoing measures collectively will provide sufficient liquidity for the Company to meet its future liquidity needs.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Jun. 30, 2021
SIGNIFICANT ACCOUNTING POLICIES
SIGNIFICANT ACCOUNTING POLICIES	NOTE 3. SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation Principles of Consolidation Variable Interest Entities Assets recognized as a result of consolidating VIEs do not represent additional assets that could be used to satisfy claims against the Company’s general assets. Conversely, liabilities recognized as a result of consolidating these VIEs do not represent additional claims on the Company’s general assets; rather, they represent claims against the specific assets of the consolidated VIEs. Currency Translation Estimates and Assumptions The key assumptions underlying the Company’s accounting for material arrangements and the reasonably likely material effects of resolving any uncertainties on the Company’s allowance for credit losses related to purchase advances. The production of the Company’s products requires custom-made equipment from its suppliers. To ensure that it can secure the required customized equipment, the Company often needs to make full prepayment for its intended purchases. As a standard practice in the petroleum extraction industry, the Company generally must submit a bid in order to secure the sales contract. The bidding process generally takes between one month to one year and the timing depends on the size of the overall project, which timing and size are generally controlled by its client. In order to secure timely purchase delivery and to meet its product delivery schedule, the Company normally prepays for the purchase advances if the Company believes that it is more than likely to win the bid for the sales contract which is accounted as pre-contract costs. After winning the bid and securing the sale contract, the Company normally needs to deliver its products approximately within one week to six months. Based on the Company’s historical experience, the Company generally is able to realize its purchase advances on the customized equipment that it orders. If it subsequently confirms that the Company is unable to secure the planned contracts with a customer after making the advance payments for these planned contracts, the Company evaluates the probable recoverability of the pre-contract cost and charges to expenses when the Company determines that the recovery of such pre-contract cost is improbable. Fair Values of Financial Instruments The three levels of inputs are defined as follows: Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3 inputs to the valuation methodology are unobservable. Accounting guidance also describes three main approaches to measuring the fair value of assets and liabilities: (1) market approach; (2) income approach and (3) cost approach. The market approach uses prices and other relevant information generated from market transactions involving identical or comparable assets or liabilities. The income approach uses valuation techniques to convert future amounts to a single present value amount. The measurement is based on the value indicated by current market expectations about those future amounts. The cost approach is based on the amount that would currently be required to replace an asset. The Company measures certain financial assets, including investments under the equity method on other-than-temporary basis, intangible assets and fixed assets at fair value when an impairment charge is recognized. The carrying amounts reported in the consolidated balance sheets for trade accounts receivable, other receivables, purchase advances, trade accounts payable, convertible notes payable, accrued liabilities, advances from customers, investment payable, short-term bank loan and short-term borrowings approximate fair value because of the immediate or short-term maturity of these financial instruments. Cash Trade Accounts, Net, Other Receivables, Net and Loan to Third Parties The adoption of the credit loss accounting standard has no material impact on the Company’s consolidated financial statements as of July 1, 2020. Accounts receivable, other receivables and loan to third parties are recognized and carried at carrying amount less an allowance for credit loss, if any. The Company maintains an allowance for credit losses resulting from the inability of its trade and non-trade customers (“customers”) to make required payments based on contractual terms. The Company reviews the collectability of its receivables on a regular and ongoing basis. The Company has also included in calculation of allowance for credit losses, the potential impact of the COVID-19 pandemic on our customers businesses and their ability to pay their accounts receivable, other receivables and loan to third parties. After all attempts to collect a receivable have failed, the receivable is written off against the allowance. The Company also considers external factors to the specific customer, including current conditions and forecasts of economic conditions, including the potential impact of the COVID-19 pandemic. In the event the Company recovers amounts previously reserved for, the Company will reduce the specific allowance for credit losses. The balance of allowance for credit loss for the year ended June 30, 2021 increased approximately ¥3,543,445 ($548,703) from the year ended June 30, 2020. The Company evaluates the creditworthiness of all of its customers individually before accepting them and continuously monitors the recoverability of accounts receivable, other receivables and loan to third parties. If there are any indicators that a customer may not make payment, the Company may consider making provision for non-collectability for that particular customer. At the same time, the Company may cease further sales or services to such customer. The following are some of the factors that the Company considers in determining whether to discontinue sales, record as contra revenue or allowance for credit losses: ● the oil price and fluctuation of the overall oil industry; ● the customer fails to comply with its payment schedule; ● the customer is in serious financial difficulty; ● a significant dispute with the customer has occurred regarding job progress or other matters; ● the customer breaches any of the contractual obligations; ● the customer appears to be financially distressed due to economic or legal factors; ● the business between the customer and the Company is not active; and ● other objective evidence indicates non-collectability of the accounts receivable, other receivables and loan to third parties. The Company considers the following factors when determining whether to permit a longer payment period or provide other concessions to customers: ● the customer’s past payment history; ● the customer’s general risk profile, including factors such as the customer’s size, age, and public or private status; ● macroeconomic conditions that may affect a customer’s ability to pay; and ● the relative importance of the customer relationship to the Company’s business. Notes Receivable Purchase Advances, Net - Inventories, Net Property and Equipment, Net two ​ ​ ​ ​ Items Useful life Motor vehicles 5-10 years Office equipment 2-5 years Production equipment 10-20 years ​ Land Use Rights, Net Goodwill - Intangible assets, net – Long-Lived Assets Long-term Investments ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities amends certain aspects of recognition, measurement, presentation and disclosure of financial instruments. The main provisions require equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of the investee) to be measured at fair value through earnings, unless they qualify for a measurement alternative. The new guidance requires modified retrospective application to all outstanding instruments for fiscal years beginning after December 15, 2017, with a cumulative effect adjustment recorded to opening accumulated deficit as of the beginning of the first period in which the guidance becomes effective. However, changes to the accounting for equity securities without a readily determinable fair value would be applied prospectively. The Company adopted the new financial instruments accounting standard from July 1, 2018. - Equity Investments with Readily Determinable Fair Values - Equity Investments without Readily Determinable Fair Values - Equity Investments Accounted for Using the Equity Method - An impairment charge is recorded if the carrying amount of the investment exceeds its fair value and this condition is determined to be other-than-temporary. The Company recorded ¥nil, ¥nil and ¥nil impairment loss on its equity method investment during the years ended June 30, 2019, 2020 and 2021. The Company recorded a (¥959,905) investment loss, ¥462,879 investment income and (¥266,707) ($41,300) investment loss on its equity method investment in unconsolidated entity during the years ended June 30, 2019, 2020 and 2021. Business Combinations - costs directly attributable to the acquisition are expensed as incurred. Identifiable assets and liabilities acquired or assumed are measured separately at their fair values as of the acquisition date, irrespective of the extent of any noncontrolling interests. The excess of (i) the total costs of acquisition, fair value of the noncontrolling interests and acquisition date fair value of any previously held equity interest in the acquiree over (ii) the fair value of the identifiable net assets of the acquiree is recorded as goodwill. If the cost of acquisition is less than the fair value of the net assets of the acquiree, the difference is recognized directly in the consolidated statements of operation and comprehensive loss. During the measurement period, which can be up to one year from the acquisition date, the Company may record adjustments to the assets acquired and liabilities assumed with the corresponding offset to goodwill. Upon the conclusion of the measurement period or final determination of the values of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments are recorded to the consolidated statements of operation and comprehensive loss. In a business combination considered as a step acquisition, the Company remeasures the previously held equity interest in the acquiree immediately before obtaining control at its acquisition-date fair value and the re-measurement gain or loss, if any, is recognized in the consolidated statements of operation and comprehensive loss. Noncontrolling Interests - Revenue Recognition Disaggregation of Revenues Revenues are recognized when control of the promised goods or services are transferred to our customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. The following items represent the Company’s revenues disaggregated by revenue source. In accordance with ASC 606-10-50-5, the Company selects categories to present disaggregated revenue that depict how the nature, amount, timing, and uncertainty of revenues and cash flows are affected by economic factors and delivery conditions of products and fulfillment of obligations. The Company’s disaggregation of revenues for the years ended June 30, 2019, 2020 and 2021 is disclosed in Note 27. Automation Products and Software; Equipment and Accessories The Company generates revenues primarily through delivery of standard or customized products and equipment, including automation products, furnaces and related accessories. Revenue is recognized when products are delivered, and acceptance reports are signed off by customers. The sale of automation products or specialized equipment when combined with services represent a single performance obligation for the development and construction of a single asset. The Company may also provide design or installation services to clients as there may be such obligation in contracts. The promises to transfer the goods and provision of services are not separately identifiable, which is evidenced by the fact that the Company provides significant services of integrating the goods and services into a single deliverable for which the customer has contracted. For such sales arrangements, the Company recognizes revenue using input method, based on the relationship between actual costs incurred compared to the total estimated costs for the contract. Such method is adopted because the Company believes it best depicts the transfer of goods and services to the customer. Oilfield Environmental Protection Service The Company provides wastewater treatment products and related service to oilfield and chemical industry companies and generates revenue from special equipment, self-developed chemical products and supporting service, transfer. Revenue is recognized when contract obligations have been performed. For such sales arrangements, the Company recognizes revenue when products are delivered, on-site assistance services rendered, and acceptance reports are signed off by customers. Such method is adopted because the Company believes it best depicts the transfer of services to the customer. The Company provides oily sludge disposal and treatment services to oilfield companies and generates revenue from treatment services of oily sludge. Revenue is recognized when contract obligations have been performed. For such sales arrangements, the Company recognizes revenue using output method, based on the percentage-of-completion method. Such method is adopted because the Company believes it best depicts the transfer of services to the customer. Platform Outsourcing Services The Company provides online platform development, maintenance, and operation services to gas stations around different provinces in China to complete online transactions; and API (application programming interface) port export service and related maintain services to business cooperators of different industries that may have transactions in the refueling scenario during the service contract period. The Company considered these performance obligations to be indistinguishable contractual performance obligations. As the Company has no right to get the compensation for any performances completed while not accepted by its customers, the Company can only recognize revenue at a point in time, which is when the online transaction is completed. The Company’s services enable terminal users of different mobile apps runed by its clients or cooperators to complete refueling in cash or online through different payment channels, when each transaction, including refueling and payment, is completed, the Company is entitled to charge with pre-setted rates of each transaction amount as service fee and recognize the underlying amount as revenue. Related fees are generally billed monthly, based on a per transaction basis. Arrangements with Multiple Performance Obligations Contracts with customers may include multiple performance obligations. For such arrangements, the Company will allocate revenues to each performance obligation based on its relative standalone selling price. We generally determine standalone selling prices based on the prices charged to customers or using expected cost-plus margin. Contract Balances Contract balances typically arise when a difference in timing between the transfer of control to the customer and receipt of consideration occurs. The following table provides information about contract costs and contract liabilities from contracts with customers: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 ​ ​ RMB ​ RMB ​ U.S. Dollars Contract costs ¥ 31,537,586 ¥ 48,795,906 ​ $ 7,556,056 Contract liabilities ¥ 3,486,033 ¥ 7,686,276 ​ $ 1,190,221 ​ Contract costs, net - The Company recognizes an asset from the costs incurred to fulfill a contract when those costs meet all of the following criteria: (i) the costs relate directly to a contract or to an anticipated contract that the Company can specifically identify; (ii) the costs generate or enhance resources of the Company that will be used in satisfying (or in continuing to satisfy) performance obligations in the future; and (iii) the costs are expected to be recovered. - Pre-Contract Costs - Executed Contract Costs Contract liabilities - Contract liabilities are recognized for contracts where payment has been received in advance of performance under the contract. The Company’s contract liabilities consist primarily of the Company’s unsatisfied performance obligations as of the balance sheet dates. Contract liabilities are recognized as revenue after control of the products or services is transferred to the customer and all revenue recognition criteria have been met. Performance Obligations - Amounts billed to customers for shipping and handling activities to fulfill the Company’s promise to transfer the goods are included in revenues, and costs incurred by the Company for the delivery of goods are classified as cost of sales in the consolidated statements of operations and comprehensive loss. Sales, value added, and other taxes the Company collects concurrent with revenue-producing activities are excluded from revenue. The Company generally offers assurance-type warranties for its products. The specific terms and conditions of those warranties vary depending upon the product. The Company estimates the costs that may be incurred under its warranties and records a liability in the amount of such costs at the time product revenue is recognized. Factors that affect the warranty liability include historical product-failure experience and estimated repair costs for identified matters. The Company periodically assesses the adequacy of its recorded warranty liabilities and adjusts the amounts as necessary. The amount accrued for expected returns and warranty claims was immaterial as of June 30, 2021. The amount of revenue recognized during the years ended June 30, 2019, 2020 and 2021 that was previously included within contract liability balances was ¥122,996, ¥nil and ¥1,899,561 ($294,147), respectively. Practical Expedients Elected Incremental Costs of Obtaining a Contract - The Company has elected the practical expedient permitted in ASC 340-40-25-4, which permits an entity to recognize incremental costs to obtain a contract as an expense when incurred if the amortization period will be less than one year and not significant. Significant Financing Component - The Company has elected the practical expedient permitted in ASC 606-10-32-18, which allows an entity to not adjust the promised amount of consideration for the effects of a significant financing component if a contract has a duration of one year or less. As the Company’s contracts are majorly less than one year in length, consideration will not be adjusted. For the Company’s contracts include a standard payment term of 90 days to 180 days; consequently, there is no significant financing component within contracts. There are also some new contracts that will not be completed within one year from year 2020, the Company did calculation and the amount was not material as end of this fiscal year. Share-Based Compensation - Research and Development Expenses Shipping and Handling Costs - Leases Leases At the commencement date, the Company recognizes the lease liability at the present value of the lease payments not yet paid, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, the Company’s incremental borrowing rate for the same term as the underlying lease. The ROU asset is recognized initially at cost, which primarily comprises the initial amount of the lease liability, plus any initial direct costs incurred, consisting mainly of brokerage commissions, less any lease incentives received. All ROU assets are reviewed for impairment annually. There was no impairment for ROU lease assets as of June 30, 2020 and 2021. Investment Payable Income Taxes The Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position would be measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement. The Company has no uncertain tax position as of June 30, 2020 and 2021. As of June 30, 2021, the tax years ended December 31, 2016 through December 31, 2020 for the Company’s People’s Republic of China (“PRC”) subsidiaries remain open for statutory examination by PRC tax authorities. Comprehensive Loss - Loss per Share (“EPS”) Potentially dilutive Class A Ordinary Shares consist of Class A Ordinary Shares issuable upon the conversion of ordinary stock options, restricted shares and warrants (using the treasury stock method). The effect from options, restricted shares and warrants would have been anti-dilutive due to the fact that the Company incurred a net loss for the years ended June 30, 2019, 2020 and 2021. Warrants For issued or modified warrants that meet all of the criteria for equity classification, the warrants are required to be recorded as a component of additional paid-in capital at the time of issuance. For issued or modified warrants that do not meet all the criteria for equity classification, the warrants are required to be recorded at their initial fair value on the date of issuance, and each balance sheet date thereafter. Changes in the estimated fair value of the warrants are recognized as a non-cash gain or loss on the statements of operations. Convertible Notes Payable Debt with conversion and other options Recently Issued Accounting Pronouncements In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740) Simplifying the Accounting for Income Taxes. The Board is issuing this Update as part of its initiative to reduce complexity in accounting standards (the Simplification Initiative). The objective of the Simplification Initiative is to identify, evaluate, and improve areas of GAAP for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to users of financial statements. The specific areas of potential simplification in this Update were submitted by stakeholders as part of the Simplification Initiative. For public business entities, the amendments in this Update are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. The Company expects that the adoption of this ASU will not have a material impact on the Company’s consolidated financial statements. In August 2020, the FASB issued ASU 2020-06, “Debt – Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815 – 40)” (“ASU 2020-06”). ASU 2020-06 simplifies the accounting for certain financial instruments with characteristics of liabilities and equity, including convertible instruments and contracts on an entity’s own equity. The ASU is part of the FASB’s simplification initiative, which aims to reduce unnecessary complexity in U.S. GAAP. The ASU’s amendments are effective for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years. The Company is currently evaluating the impact ASU 2020-06 will have on the Company’s consolidated financial statements. The Company does not believe other recently issued but not yet effective accounting standards, if currently adopted, would have a material effect on the consolidated financial position, statements of operations and cash flows.

TRADE ACCOUNTS RECEIVABLE, NET

TRADE ACCOUNTS RECEIVABLE, NET	12 Months Ended
	Jun. 30, 2021
TRADE ACCOUNTS RECEIVABLE, NET
TRADE ACCOUNTS RECEIVABLE, NET	NOTE 4. TRADE ACCOUNTS RECEIVABLE, NET Accounts receivable, net consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 Third Parties ​ RMB ​ RMB ​ U.S. Dollars Trade accounts receivable ¥ 51,679,627 ¥ 31,669,331 ​ $ 4,904,001 Allowance for credit losses ​ (3,435,612) ​ (4,982,443) ​ (771,531) Total third-parties, net ¥ 48,244,015 ¥ 26,686,888 ​ $ 4,132,470 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ June 30, ​ June 30, ​ ​ 2020 ​ 2021 ​ 2021 Related Party RMB RMB U.S. Dollars Urumqi Yikeli Automatic Control Equipment Co., Ltd. ¥ 3,409,912 ¥ — ​ $ — Allowance for credit losses ​ (340,992) ​ — ​ — Total related-party, net ¥ 3,068,920 ¥ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 Third Parties- long-term ​ RMB ​ RMB ​ U.S. Dollars Trade accounts receivable ​ ¥ 2,072,900 ​ ¥ 4,332,984 ​ $ 670,963 Allowance for credit losses ​ (2,072,900) ​ (4,332,984) ​ (670,963) Total third-parties, net ​ ¥ — ​ ¥ — ​ $ — ​ Provision for credit losses of accounts receivable due from third parties was ¥392,929, ¥2,204,170 and ¥3,730,606 ($577,685) for the years ended June 30, 2019, 2020 and 2021, respectively. The increase in for credit losses of accounts receivable due from third parties was mainly resulted by additional provision made for long outstanding account receivables. The payments of the Company’s outstanding balances were extended by our oilfield customers, hence, on a prudent basis, the Company recorded allowance for credit losses according to its general accounting policy. Currently, the Company makes great efforts to prevent any not-collection of receivables from our customers, approximately 44.8%, or ¥16,111,105 ($2,494,808) of outstanding balance as of June 30, 2020 has been collected as of the date of the report. Provision for credit losses made for accounts receivable due from related-party was ¥nil and ¥340,992 for the years ended June 30, 2019 and 2020, respectively, while net recovery of provision for credit losses made for accounts receivable due from related-party was ¥340,992 ($52,803) for the year ended June 30, 2021. The Company records allowance for credit losses of related-party according to its general accounting policy, while the Company also makes great efforts to prevent any not-collection of receivables from related party. The outstanding balance as of June 30, 2020 was fully collected during the year ended June 30, 2021. Movement of allowance for credit losses is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 ​ ​ RMB ​ RMB ​ U.S. Dollars Beginning balance ¥ 3,645,334 ¥ 5,849,504 ​ $ 905,796 Charge to expense ​ 2,204,170 ​ 3,730,606 ​ 577,684 Less: write-off ​ — ​ (254,853) ​ (39,464) Foreign currency translation adjustments ​ ​ — ​ ​ (9,830) ​ ​ (1,522) Ending balance ¥ 5,849,504 ¥ 9,315,427 ​ $ 1,442,494 ​

NOTES RECEIVABLE

NOTES RECEIVABLE	12 Months Ended
	Jun. 30, 2021
NOTES RECEIVABLE
NOTES RECEIVABLE	NOTE 5. NOTES RECEIVABLE Notes receivables represented the non-interest-bearing commercial bills the Company received from the customers for the purpose of collection of sales amounts, which generally ranged from three to six months from the date of issuance. As of June 30, 2020 and 2021, notes receivable were ¥4,180,885 and ¥6,305,633 ($976,429), respectively. As of June 30, 2020 and 2021, no notes were guaranteed or collateralized. As of the date of this report, 25.0%, or ¥1,574,200 ($243,765) have been subsequently collected, and the remaining balance is expected to be collected by April 14, 2022.

OTHER RECEIVABLES, NET

OTHER RECEIVABLES, NET	12 Months Ended
	Jun. 30, 2021
OTHER RECEIVABLES, NET
OTHER RECEIVABLES, NET	NOTE 6. OTHER RECEIVABLES, NET Other receivables, net consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 Third Party ​ RMB ​ RMB ​ U.S. Dollars Business advances to officers and staffs (A) ¥ 1,141,829 ¥ 957,277 $ 148,235 Deposits for projects ​ 1,381,081 ​ 1,982,987 ​ 307,066 VAT recoverable ​ 3,746,435 ​ 3,562,295 ​ 551,622 Others ​ 1,614,133 ​ 1,469,949 ​ 227,621 ​ ​ ​ 7,883,478 ​ ​ 7,972,508 ​ ​ 1,234,544 Less: Long term portion (B) ​ ​ (3,640) ​ ​ (114,679) ​ ​ (17,758) Allowance for credit losses ​ (1,529,036) ​ (918,153) ​ (142,176) Other receivable - current portion ¥ 6,350,802 ​ ¥ 6,939,676 ​ $ 1,074,610 (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. (B) Long-term portion are mainly tender deposits for large-scale projects or rental contracts. These funds may not be collected back until projects are finished or contracts are completed. Provision for credit losses of other receivables was ¥259,766 and ¥67,312 for the years ended June 30, 2019 and 2020, respectively. Net recovery of provision for credit losses of other receivables was ¥187,161 ($28,981) for the year ended June 30, 2021. Movement of allowance for credit losses is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 ​ ​ RMB ​ RMB ​ U.S. Dollars Beginning balance ¥ 1,461,724 ¥ 1,529,036 ​ $ 236,772 Balance acquired from FGS ​ ​ — ​ ​ 151,689 ​ ​ 23,488 Charge to (reversal of) expense ​ 67,312 ​ (187,161) ​ (28,981) Less: write-off ​ — ​ (575,411) ​ (89,103) Ending balance ¥ 1,529,036 ¥ 918,153 ​ $ 142,176 ​

LOANS TO THIRD PARTIES

LOANS TO THIRD PARTIES	12 Months Ended
	Jun. 30, 2021
LOANS TO THIRD PARTIES
LOANS TO THIRD PARTIES	NOTE 7. LOANS TO THIRD PARTIES ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ June 30, ​ June 30, ​ ​ 2020 ​ 2021 ​ 2021 ​ RMB RMB U.S. Dollars Working fund to third party companies ​ ¥ 3,200,377 ​ ¥ 50,476,782 ​ $ 7,816,340 Allowance for credit losses ​ — ​ — ​ — Total loans to third parties ​ ¥ 3,200,377 ​ ¥ 50,476,782 ​ $ 7,816,340 ​ Loans to third-parties are mainly used for short-term funding to support the Company’s external business partners. These loans bear interest or no interest and have terms of no more than one year. The Company periodically reviewed the loans to third parties as to whether their carrying values remain realizable. The Company believes that the risk associated with the above loans are relatively low based on the evaluation of the creditworthiness of these third-party debtors and the relationships with them. As the date of the report, approximately ¥39.8 million (approximately $6.2 million) was collected by the Company and the remaining part was expected to be paid in full by end of December 2021.

CONTRACT COSTS, NET

CONTRACT COSTS, NET	12 Months Ended
	Jun. 30, 2021
CONTRACT COSTS, NET
CONTRACT COSTS, NET	NOTE 8. CONTRACT COSTS, NET ​ Contract costs, net consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 Third Party ​ RMB ​ RMB ​ U.S. Dollars Contract costs ¥ 31,677,348 ​ ¥ 53,344,816 ​ $ 8,260,456 Allowance for credit losses (139,762) (4,548,910) ​ (704,400) Total contract costs, net ¥ 31,537,586 ​ ¥ 48,795,906 ​ $ 7,556,056 ​ As of June 30, 2021, total contracts costs, net amounted to ¥48,795,906 ($7,556,056), of which 21.3%, or ¥11,253,727 ($1,742,642) have been subsequently realized as of the date of the report, and the remaining balance is expected to be utilized by March 31, 2022. Net recovery of provision for credit losses of contract cost was ¥233,391 and ¥22,451 for the years ended June 30, 2019 and 2020, respectively. Provision for credit losses of contract was ¥4,647,802 ($719,713) for the year ended June 30, 2021. There were an increase in contract assets due to the increased pre-contract costs incurred in anticipation of obtaining planned contracts for the Company’s revenue. As the progress of these contracts was delayed by the COVID-19 pandemic, the Company records allowance for credit losses of contract cost according to its general accounting policy, while the Company also makes great efforts to prevent any unrealizable of contract costs from third parties. Movement of allowance for credit losses of contract costs is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 ​ ​ RMB ​ RMB ​ U.S. Dollars Beginning balance ¥ 162,213 ¥ 139,762 ​ $ 21,642 Charge to (reversal of) expense (22,451) 4,647,802 ​ 719,713 Less: write-off ​ ​ — ​ ​ (238,654) ​ ​ (36,955) Ending balance ¥ 139,762 ¥ 4,548,910 ​ $ 704,400 ​

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET	12 Months Ended
	Jun. 30, 2021
PROPERTY AND EQUIPMENT, NET
PROPERTY AND EQUIPMENT, NET	NOTE 9. PROPERTY AND EQUIPMENT, NET Property and equipment, net consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 ​ ​ RMB ​ RMB ​ U.S. Dollars Motor vehicles ¥ 4,741,366 ¥ 5,097,921 ​ $ 789,415 Office equipment and fixtures ​ 1,436,210 ​ 1,385,084 ​ 214,481 Production equipment ​ 30,181,761 ​ 30,559,275 ​ 4,732,109 Total property and equipment ​ 36,359,337 ​ 37,042,280 ​ 5,736,005 Less: accumulated depreciation ​ (6,602,458) ​ (9,135,200) ​ (1,414,588) Less: Impairment for property and equipment ​ — ​ (768,312) ​ ​ (118,973) Property and equipment, net ¥ 29,756,879 ¥ 27,138,768 ​ $ 4,202,444 ​ Depreciation expenses was ¥1,096,772, ¥1,582,461 and ¥2,773,122 ($429,419) for the years ended June 30, 2019, 2020 and 2021, respectively. Impairment loss for the property and equipment was ¥nil, ¥nil and ¥768,312 ($118,973) for the years ended June 30, 2019, 2020 and 2021. As one of the Company’s subsidiaries decided to change its business strategy, its current properties and equipment were not able to generate enough future cashflow. Thus the Company decided to record full impairment of those properties and equipment during the year ended June 30, 2021. Gain from property and equipment disposal was ¥nil and 89,156 for the years ended June 30, 2019 and 2020, respectively. Loss from property and equipment disposal was ¥19,590 ($3,034) for the year ended June 30, 2021.

BUSINESS ACQUISITION AND INVEST

BUSINESS ACQUISITION AND INVESTMENT IN UNCONSOLIDATED ENTITY	12 Months Ended
	Jun. 30, 2021
BUSINESS ACQUISITION AND INVESTMENT IN UNCONSOLIDATED ENTITY
BUSINESS ACQUISITION AND INVESTMENT IN UNCONSOLIDATED ENTITY	NOTE 10 . BUSINESS ACQUISITION AND INVESTMENT IN UNCONSOLIDATED ENTITY (a) Step Acquisition of Future Gas Station (Beijing) Technology, Ltd (“FGS”) On August 21, 2018, the Company entered into a definitive investment agreement and a supplemental agreement (collectively, the “Agreement”) with FGS and the other shareholders of FGS. Following full performance under the Agreement, Recon will own 43% of FGS. As consideration for increasing its affiliates’ interest in FGS from 8% to 43%, the Company will (1) pay a total of RMB 10 million in cash to FGS and (2) issue 487,057 restricted Class A Ordinary Shares of the Company (the “Restricted Shares”) to the other shareholders of FGS within 30 days after FGS finalizes recording the Company’s corresponding interest at the local governmental agency. If FGS does not reach certain performance goals, the Company has the right to cancel all of the Restricted Shares and without further payment. The Restricted Shares are also subject to lock-up period requirements that vary for each of FGS shareholders, from one year to three years following issuance of the Restricted Shares. FGS has finalized recording Recon’s corresponding interest at the local governmental agency, and Recon has issued 487,057 Restricted Shares in total to the other shareholders of FGS in August 2018. On September 24, 2019, the Company signed an extension agreement with FGS and the other shareholders of FGS to postpone the Agreement to provide extra period for FGS to further fulfill the goals mentioned on the supplemental agreement. During the original contract period, FGS adjusted its operation model with an advanced improvement of its mobile applications and business model. Objected user and average Gross Merchandise Volume (“GMV”) of FGS’ mobile applications have been exceeded. FGS will need an extension to deploy its business in more provinces to complete a goal of 200 more gas stations. On March 17, 2020, the Company signed a new supplemental agreement with FGS and the other shareholders of FGS to extend another 12 months to February 2021 for FGS and its shareholders to fulfill the goals mentioned on the supplemental agreement. As of December 31, 2020, the Company owned 43% of the equity interests of FGS. The investments are accounted for using the equity method because the Company has significant influence, but no control of FGS. The Company recorded a (¥959,905) investment loss, ¥462,879 investment income and (¥251,296) ($38,913) investment loss for the years ended June 30, 2019, 2020 and 2021 from the investment, respectively, which was included in “Income (loss) from investment in unconsolidated entity” in the consolidated statements of operations and comprehensive loss. On February 8, 2021, and pursuant to FGS’ shareholder meeting resolution dated January 13, 2021 (“Acquisition Date”), two of the Company’s subsidiaries entered into the fourth supplemental agreement to the investment agreement with FGS and FGS’ founding shareholders to acquire 8% equity ownership of FGS, as an exchange for waiver of the requirement on FGS’ performances goal about the number of gas stations and cancellation of the related lock-up terms on the 487,057 restricted shares of the Company (reflecting the effect of one-for- five The Company retained independent appraisers to advise management in the determination of the fair value of the various assets acquired and liabilities assumed. The values assigned in these financial statements represent management’s best estimate of fair values as of the Acquisition Date. ​ The fair values of the identifiable assets and liabilities as at the date of the acquisitions are summarized in the following table: ​ ​ ​ ​ ​ ​ ​ ​ ​ RMB U.S. Dollars Cash ¥ 471,843 ​ $ 73,065 Trade accounts receivable, net ​ 831,049 ​ 128,688 Other receivables, net ​ 144,285 ​ 22,343 Contract costs, net ​ 75,250 ​ 11,652 Prepaid expenses ​ 91,132 ​ 14,112 Property and equipment, net ​ 118,130 ​ 18,292 Intercompany receivables* ​ 6,850,000 ​ 1,060,724 Intangible assets- customer relationship ​ 7,000,000 ​ 1,083,951 Goodwill ​ 6,996,895 ​ 1,083,471 Trade accounts payable ​ (1,032,078) ​ (159,817) Other payables ​ (1,273,182) ​ (197,152) Other payable- related parties ​ (479,959) ​ (74,322) Deferred revenue ​ (39,786) ​ (6,161) Accrued payroll and employees’ welfare ​ (1,629,519) ​ (252,331) Taxes payable ​ (64,253) ​ (9,950) Deferred tax liability ​ (1,050,000) ​ (162,592) Total ​ ¥ 17,009,807 ​ $ 2,633,973 ​ ​ ​ ​ ​ Cash considerations ​ — ​ ​ — Deemed equity consideration to acquire 8% equity interest in FGS ​ ​ 1,689,807 ​ ​ 261,667 Fair value of previously held equity interest ​ 30,530,000 ​ 4,727,577 Non-controlling interest ​ 34,790,000 ​ 5,387,239 Capital contribution receivable due from non-controlling Interest ​ (50,000,000) ​ (7,742,510) Total ¥ 17,009,807 ​ $ 2,633,973 *Intercompany receivables from Nanjing Recon and BHD are eliminated upon consolidation. The noncontrolling interest has been recognized at fair value net with subscription receivable on the acquisition date. Goodwill and intangible assets The excess of purchase price over the fair value of assets acquired and liabilities assumed of the business acquired was recorded as goodwill. The goodwill is not expected to be deductible for tax purposes. The identifiable goodwill acquired and the carrying value as of June 30, 2021 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ Preliminary Fair Value ​ RMB U.S. Dollars Goodwill ​ ¥ 6,996,895 ​ $ 1,083,471 Less: impairment ​ ​ — ​ — The carrying value of goodwill as of June 30,2021 ​ ​ 6,996,895 ​ 1,083,471 ​ The fair value of identified intangible assets, which is customer relationship, and its estimated useful lives is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Average ​ ​ ​ ​ ​ ​ ​ ​ Useful Life ​ ​ Preliminary Fair Value ​ (in Years) ​ RMB U.S. Dollars ​ Intangible assets - customer relationship ¥ 7,000,000 ​ $ 1,083,951 10 Less: accumulated amortization ​ ​ (350,000) ​ ​ (54,198) ​ ​ Total intangible assets, net as of June 30,2021 ​ ​ 6,650,000 ​ ​ 1,029,754 ​ ​ ​ The amortization expense of customer relationship was ¥350,000 ($54,198) for the year ended June 30, 2021. The Company began to consolidate the financial results of FGS since January 2021, which includes ¥2,567,807 ($397,625) in net sales and ¥2,156,135 ($333,878) in net loss of FGS was reflected in the Company’s financial results for the year ended June 30, 2021. The following unaudited pro forma condensed financial information presents the combined results of operation for the fiscal year ended June 30, 2021 of the Company and FGS. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pro Forma Combined ​ ​ For the year ended June 30, 2021 ​ Recon FGS Combined Revenues ¥ 45,370,768 ​ ¥ 6,393,216 ¥ 51,763,984 Net loss ​ (19,433,300) ​ (2,362,502) ​ (21,795,802) Loss per common share - basis and diluted ¥ (1.53) ​ ¥ (0.19) ¥ (1.72) Weighted average shares - basic and diluted ​ 12,697,024 ​ 12,697,024 ​ 12,697,024 ​ (b) Investment in Starry Blockchain Energy Pte. Ltd. (“Starry”) On June 3, 2021, Company entered into a share exchange agreement (the “Agreement”) with Starry, an innovative blockchain and sustainable energy technological company, and the controlling shareholders of Starry (the “Starry Controlling Shareholders”) to acquire 30% of the equity interest in Starry. Pursuant to the terms of the Agreement, the signing parties agreed that the value of 30% of the equity interest in Starry is $3,000,000. As consideration to acquire Starry’s 30% equity interest, the Company issued 316,345 unregistered, restricted Class A Ordinary Shares, based on $9.48 per share, the average closing price in the 30 trading days prior to signing this Agreement, to the Starry Controlling Shareholders. Fair value of the shares issued on the investment date, which was June 3, 2021, was ¥27,675,450, or $4,327,600, based on the closing price of $13.80 per share. As of June 30, 2021, the Company recorded an investment loss of ¥15,411 ($2,386) during the year ended June 30, 2021.

LEASES

LEASES	12 Months Ended
	Jun. 30, 2021
LEASES
LEASES	NOTE 11. LEASES Effective July 1, 2019, the Company adopted the new lease accounting standard. Adoption of this standard resulted in the recording of operating lease ROU assets and corresponding operating lease liabilities of ¥1,228,963 ($190,305) and ¥1,228,963 ($190,305), respectively, as of July 1, 2019 with no impact on accumulated deficit. Financial position for reporting periods beginning on or after July 1, 2019, are presented under the new guidance, while prior period amounts are not adjusted and continue to be reported in accordance with previous guidance. The Company leases office spaces and factories under non-cancelable operating leases, with terms ranging from one The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants. The table below presents the operating lease related assets and liabilities recorded on the balance sheets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ June 30, ​ June 30, ​ ​ 2020 ​ 2021 ​ 2021 ​ ​ RMB ​ RMB ​ U.S. Dollars Rights of use lease assets ¥ 2,549,914 ¥ 7,925,930 $ 1,227,332 ​ ​ ​ ​ ​ ​ ​ ​ Operating lease liabilities – current 1,328,976 2,226,832 ​ 344,825 Operating lease liabilities – non-current 1,210,088 4,792,101 ​ 742,058 Total operating lease liabilities ¥ 2,539,064 ¥ 7,018,933 ​ $ 1,086,883 ​ The weighted average remaining lease terms and discount rates for all of operating leases were as follows as of June 30, 2021: ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2020 June 30, 2021 Remaining lease term and discount rate: ​ ​ Weighted average remaining lease term (years) 2.57 ​ 2.59 ​ Weighted average discount rate 5 % 5 % ​ Operating lease costs and short-term lease costs for the year ended June 30, 2020 were ¥1,348,742 and ¥1,142,417, respectively. Operating lease costs and short-term lease costs for the year ended June 30, 2021 were ¥2,034,105 ($314,982) and ¥1,291,685 ($200,018), respectively. The following is a schedule, by years, of maturities of lease liabilities as of June 30, 2021: ​ ​ ​ ​ ​ ​ ​ ​ Twelve months ending June 30, RMB ​ U.S. Dollars 2022 ¥ 3,820,677 ​ $ 591,633 2023 3,002,494 ​ 464,937 2024 1,953,178 ​ 302,449 Total lease payments 8,776,349 ​ 1,359,019 Less: imputed interest (459,947) ​ (71,223) Less: prepayments (1,297,469) ​ (200,913) Present value of lease liabilities 7,018,933 ​ 1,086,883 Less: operating lease liabilities – current (2,226,832) ​ (344,825) Operating lease liabilities – non-current ¥ 4,792,101 ​ $ 742,058 ​

OTHER PAYABLES

OTHER PAYABLES	12 Months Ended
	Jun. 30, 2021
OTHER PAYABLES
OTHER PAYABLES	NOTE 12. OTHER PAYABLES Other payables consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 Third Parties ​ RMB ​ RMB ​ U.S. Dollars Service ¥ 1,685,449 ¥ 7,940,481 ​ $ 1,229,586 Distributors and employees ​ 273,968 ​ 1,488,329 ​ 230,468 Accrued expenses ​ 402,699 ​ 206,051 ​ 31,907 Others ​ 247,370 ​ 227,901 ​ 35,290 Total ¥ 2,609,486 ¥ 9,862,762 ​ $ 1,527,251 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 Related Parties ​ RMB ​ RMB ​ U.S. Dollars Expenses paid by the major shareholders ¥ 3,752,353 ¥ 1,594,543 ​ $ 246,916 Due to family members of the owners of BHD and FGS ​ 485,000 ​ 545,159 ​ 84,418 Due to management staff for costs incurred on behalf of the Company ​ 260,965 ​ 260,965 ​ 40,410 Total ¥ 4,498,318 ¥ 2,400,667 ​ $ 371,744 ​

TAXES PAYABLE

TAXES PAYABLE	12 Months Ended
	Jun. 30, 2021
TAXES PAYABLE
TAXES PAYABLE	NOTE 13. TAXES PAYABLE Taxes payable consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 ​ ​ RMB ​ RMB ​ U.S. Dollars VAT payable ¥ 660,278 ¥ 643,896 ​ $ 99,707 Income tax payable ​ 440,030 ​ 440,030 ​ 68,139 Other taxes payable ​ 7,980 ​ 165,068 ​ 25,561 Total taxes payable ¥ 1,108,288 ¥ 1,248,994 ​ $ 193,407 ​

SHORT-TERM BANK LOANS

SHORT-TERM BANK LOANS	12 Months Ended
	Jun. 30, 2021
SHORT-TERM BANK LOANS
SHORT-TERM BANK LOANS	NOTE 14. SHORT-TERM BANK LOANS Short-term bank loans consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ June 30, ​ June 30, ​ ​ 2020 ​ 2021 ​ 2021 ​ RMB RMB U.S. Dollars Bank of Nanjing (1) ​ ¥ 2,500,000 ​ ¥ 4,000,000 ​ $ 619,401 Beijing Rural Commercial Bank (2) ​ ​ 6,000,000 ​ ​ 10,000,000 ​ ​ 1,548,502 Industrial and Commercial Bank of China (3) ​ ​ 1,020,000 ​ ​ — ​ ​ — China Construction Bank (4) ​ ​ — ​ ​ 1,000,000 ​ ​ 154,850 Total short-term bank loans ​ ¥ 9,520,000 ​ ¥ 15,000,000 ​ $ 2,322,753 (1) On June 1, 2020, the Company entered into a loan agreement with Bank of Nanjing to borrow ¥ 2,500,000 ($387,126) as working capital for one year , with maturity date of May 21, 2021. The loan was repaid in full upon maturity. On June 23, 2020, the Company entered into another loan agreement with Bank of Nanjing to borrow ¥1,500,000 ($232,275) as working capital for one year. The Company made the withdraw in an amount of ¥1,500,000 ($232,275) on July 1, 2020, which will be due on July 1, 2021. The loan was repaid in full upon maturity. On June 21, 2021, the Company entered into another loan agreement with Bank of Nanjing to borrow ¥2,500,000 ($387,126) as working capital for one year, with maturity date of June 17, 2022. All these loans bear a fixed interest rate of 4.35% per annum and are guaranteed by one of the founders of the Company. (2) On April 23, 2020, the Company entered into a loan agreement with Beijing Rural Commercial Bank to borrow ¥ 6,000,000 ($929,101) as working capital for one year . The Company made the withdraw in an amount of ¥ 6,000,000 ($929,101) on April 30, 2020, which will be due on April 29, 2021. The loan bears a fixed interest rate of 5.655% per annum. The loan was guaranteed by one of the founders of the Company and he also pledged self-owned housing property with carrying value of approximately RMB 15.6 million ($2,416,592) as collateral for this loan. The loan was repaid in full upon maturity. On April 15, 2020, the Company entered into a loan agreement with Beijing Rural Commercial Bank to borrow ¥ 10,000,000 ($1,548,502) as working capital for one year . The Company made the first withdraw in an amount of ¥ 5,600,000 ($867,161) on April 23, 2021, which will be due on April 20, 2022. The Company made second withdraw in an amount of ¥ 4,400,000 ($681,341) on May 18, 2021, which will be due on May 11, 2022. The loan bears a fixed interest rate of 4.6% per annum. The loan is guaranteed by one of the founders of the Company and he also pledged self-owned housing property with carrying value of approximately RMB 17.6 million ($2,722,267) as collateral for this loan. (3) On May 22, 2020, the Company entered into a loan agreement with Industrial and Commercial Bank of China to borrow ¥ 1,020,000 ($157,947) as working capital for six months , with maturity date of November 18, 2020. The loan bears a fixed interest rate of 4.45% per annum. The loan was repaid in full upon maturity. On November 19, 2020, the Company entered into another loan agreement with Industrial and Commercial Bank of China to borrow ¥1,020,000 ($157,947) as working capital for six months, with maturity date of May 18, 2021. The loan bears a fixed interest rate of 3.85% per annum. The loan was repaid in full upon maturity. (4) On July 10, 2020, the Company entered into a loan agreement with China Construction Bank to borrow ¥ 1,000,000 ( $154,850 ) as working capital for one year , with maturity date of July 10, 2021. The loan bears a fixed interest rate of 4.0525% per annum. The loan was repaid in full upon maturity. Interest expense for the short-term bank loans was ¥2,749, ¥203,049 and ¥602,124 ($93,239) for the years ended June 30, 2019, 2020 and 2021, respectively.

SHORT-TERM BORROWINGS

SHORT-TERM BORROWINGS	12 Months Ended
	Jun. 30, 2021
SHORT-TERM BORROWINGS
SHORT-TERM BORROWINGS	NOTE 15. SHORT-TERM BORROWINGS Short-term borrowings due to third parties consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ June 30, ​ June 30, ​ ​ 2020 ​ 2021 ​ 2021 Short-term borrowings due to third parties: RMB RMB U.S. Dollars Short-term borrowing, 15% annual interest, due on September 23, 2021 ​ ¥ 200,000 ​ ¥ 230,000 ​ $ 35,616 Short-term borrowing, interest-free, due on May 12, 2022 ​ ​ — ​ ​ 200,000 ​ ​ 30,970 Short-term borrowing, interest-free, due on June 21, 2022 ​ ​ — ​ ​ 100,000 ​ ​ 15,485 Total short-term borrowings due to third parties ​ ¥ 200,000 ​ ¥ 530,000 ​ $ 82,071 ​ Interest expense for short-term borrowings due to third parties were ¥ 81,096, ¥nil and ¥ 30,000 ($4,646) for the years ended June 30, 2019, 2020 and 2021, respectively. ​ Short-term borrowings due to related parties consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 Short-term borrowings due to related parties: ​ RMB ​ RMB ​ U.S. Dollars Short-term borrowing from a Founder, 5.65% annual interest, due on December 19, 2020* ¥ 5,008,640 ¥ — ​ $ — Short-term borrowing from a Founder, 4.55% annual interest, due on March 25, 2021* ​ 4,002,106 ​ — ​ — Short-term borrowing from a Founder, interest-free, due on September 24, 2020* ​ ​ 450,000 ​ ​ — ​ ​ — Short-term borrowing from a Founder’s family member, interest-free, due on December 31, 2020* ​ ​ 770,000 ​ ​ — ​ ​ — Short-term borrowing from a Founder, 4.35% annual interest, due on December 21, 2021 ​ ​ — ​ ​ 5,006,042 ​ ​ 775,187 Short-term borrowing from a Founder, 4.35% annual interest, due on March 25, 2022 ​ ​ — ​ ​ 4,000,000 ​ ​ 619,401 Short-term borrowing from a Founder’s family member, 0% annual interest, due on December 31, 2021 ​ ​ — ​ ​ 670,000 ​ ​ 103,750 Short-term borrowing from a Founder’s family member, 0% annual interest, due on March 24, 2022 ​ ​ — ​ ​ 3,000,000 ​ ​ 464,550 Total short-term borrowings due to related parties ¥ 10,230,746 ¥ 12,676,042 ​ $ 1,962,888 ​ No short-term borrowings due to related parties were guaranteed or collateralized at June 30, 2020 and 2021. Interest expense for short-term borrowings due to related parties was ¥ 508,474, ¥ 506,358 and ¥ 433,281 ($67,094) for the years ended June 30, 2019, 2020 and 2021, respectively. * The Company repaid the loans in full on maturity date.

LONG-TERM BORROWINGS DUE TO REL

LONG-TERM BORROWINGS DUE TO RELATED PARTY	12 Months Ended
	Jun. 30, 2021
LONG-TERM BORROWINGS DUE TO RELATED PARTY
LONG-TERM BORROWINGS DUE TO RELATED PARTY	NOTE 16. LONG-TERM BORROWINGS DUE TO RELATED PARTY Long-term borrowings due to related party consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 Long-term borrowings due to related party: ​ RMB ​ RMB ​ U.S. 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. ¥ 8,226,599 ¥ 7,406,617 $ 1,146,916 Less: current portion ​ (847,346) ​ (920,066) ​ (142,472) Total long-term borrowings due to related party ¥ 7,379,253 ¥ 6,486,551 ​ $ 1,004,444 ​ No long-term borrowings due to related party were guaranteed or collateralized at June 30, 2020 and 2021. Interest expense for long-term borrowings due to related party was ¥ 826,895, ¥763,220 and ¥693,641 ($107,410) for the years ended June 30, 2019, 2020 and 2021, respectively. The future maturities of long-term borrowings due to related party at June 30, 2021 are as follows: ​ ​ ​ ​ ​ ​ ​ ​ Twelve months ending June 30, RMB U.S. Dollars 2022 ¥ 920,066 ​ $ 142,472 2023 ​ 975,474 ​ 151,052 2024 ​ 1,065,921 ​ 165,058 2025 ​ 1,164,755 ​ 180,363 2026 ​ 1,272,753 ​ 197,086 Thereafter ​ 2,007,648 ​ 310,885 Total ¥ 7,406,617 ​ $ 1,146,916 ​

CLASS A ORDINARY SHARES

CLASS A ORDINARY SHARES	12 Months Ended
	Jun. 30, 2021
CLASS A ORDINARY SHARES
CLASS A ORDINARY SHARES	NOTE 17. CLASS A ORDINARY SHARES Stock offering On August 21, 2018, the Company entered into a definitive investment agreement and a supplemental agreement (collectively, the “Agreement”) with FGS and the other shareholders of FGS. Following full performance under the Agreement, Recon will own 43% of FGS. As consideration for increasing its affiliates’ interest in FGS from 8% to 43%, the Company will (1) pay a total of RMB 10 million in cash to FGS and (2) issue 487,057 restricted Class A Ordinary Shares of the Company (the “Restricted Shares”) to the other shareholders of FGS within 30 days after FGS finalizes recording the Company’s corresponding interest at the local governmental agency. If FGS does not reach certain performance goals, the Company has the right to cancel without further payment part or all of the Restricted Shares. The Restricted Shares are also subject to lock-up period requirements that vary for each FGS shareholder, from two and a half years to four and a half years following issuance of the Restricted Shares under the supplemental agreement dated March 17, 2020. FGS has finalized recording Recon’s corresponding interest at the local governmental agency, and Recon issued 487,057 Restricted Shares in total to the other shareholders of FGS at a price of $6.4375 per restricted share on September 21, 2018. On December 10, 2019, the Company’s Board approved to effect a one-for- five On May 21, 2020 and June 26, 2020, the Company and certain institutional investors (the “Purchasers”) entered into certain securities purchase agreements, pursuant to which the Company sold to such Purchasers an aggregate of 911,112 and 1,680,000 Class A Ordinary Shares, respectively, par value $0.0925 per share in a registered direct offering and warrants to purchase up to 911,112 and 1,680,000 Class A Ordinary Shares in a concurrent private placement, respectively, for gross proceeds of approximately $2.1 million and $2.1 million, respectively, before deducting the placement agent’s fees and other estimated offering expenses of approximately $0.3 million and $0.2 million, respectively. The net proceeds from these purchase agreements were approximately $1.7 million and $1.9 million, respectively. On April 5, 2021, the Company held its annual general meeting of shareholders (the “Annual Meeting”) for the fiscal year ended June 30, 2020. At the Annual Meeting, the Company’s shareholders approved a special resolution that the authorized share capital of the Company be amended from US$1,850,000 divided into 20,000,000 Class B Ordinary Shares of a nominal or par value of US$0.0925 each, to US$15,725,000 divided into 150,000,000 Class A Ordinary Shares of a nominal or par value of US$0.0925 each, and 20,000,000 Class B Ordinary Shares of a nominal or par value of US$0.0925 each. The change from Ordinary Shares to Class A Ordinary Shares is reflected with the NASDAQ Capital Market and in the marketplace at the open of business on April 12, 2021, whereupon the Class A Ordinary Shares began trading. The Company’s Class A Ordinary Shares will continue to trade on the NASDAQ Capital Market under the symbol “RCON” and under the CUSIP Number of G7415M124. Holders of Class A Ordinary Shares and Class B Ordinary Shares shall at all times vote together as one class on all resolutions submitted to a vote by the Members. Each Class A Ordinary Share shall be entitled to one (1) vote on all matters subject to vote at general meetings of the Company, and each Class B Ordinary Share shall be entitled to fifteen (15) votes on all matters subject to vote at general meetings of the Company. On June 14, 2021, the Company and certain institutional investors (the “Purchasers”) entered into that certain securities purchase agreement (the “Purchase Agreement”), pursuant to which the Company agreed to sell to such Purchasers an aggregate of 6,014,102 Class A Ordinary Shares, par value $0.0925 per share and 2,800,000 pre-funded warrants (the “Pre-Funded Warrants”) to purchase Class A Ordinary Shares in a registered direct offering, and warrants to purchase up to 8,814,102 Class A Ordinary Shares (the “Warrants”) in a concurrent private placement, for gross proceeds of approximately $55.0 million (the “Offering”) before deducting the placement agent’s fees and other offering expenses in an aggregate amount of ¥30,408,264, or $4.7 million. The following table summarizes the Company’s Pre-Funded Warrants activities and status of Pre-Funded Warrants at June 30, 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted Average ​ ​ ​ ​ Average Remaining ​ ​ Pre-Funded ​ Exercise Price Period Pre-Funded Warrants Warrants Per Share (Years) Outstanding as of June 30, 2019 — ​ $ — ​ — Issued — ​ — ​ — Forfeited — ​ — ​ — Exercised — ​ — ​ — Expired — ​ — ​ — Outstanding as of June 30, 2020 — ​ $ — ​ — Issued 2,800,000 ​ 0.01 ​ — Forfeited — ​ — ​ — Exercised (1,330,000) ​ 0.01 ​ — Expired — ​ — ​ — Outstanding as of June 30, 2021 1,470,000 ​ $ 0.01 ​ 5.38 ​ Appropriated Retained Earnings ​ According to the Memorandum and Articles of Association, the Company is required to transfer a certain portion of its net profit, as determined under PRC accounting regulations, from current net income to the statutory reserve fund. In accordance with the PRC Company Law, companies are required to transfer 10% of their profit after tax, as determined in accordance with PRC accounting standards and regulations, to the statutory reserves until such reserves reach 50% of the registered capital or paid-in capital of the companies. As of June 30, 2020 and 2021, the balance of total statutory reserves was ¥4,148,929 and ¥4,148,929 ($642,462), respectively.

COMMON STOCK PURCHASE WARRANTS

COMMON STOCK PURCHASE WARRANTS ISSUED TO INVESTORS	12 Months Ended
	Jun. 30, 2021
COMMON STOCK PURCHASE WARRANTS ISSUED TO INVESTORS
COMMON STOCK PURCHASE WARRANTS ISSUED TO INVESTORS	NOTE 18. COMMON STOCK PURCHASE WARRANTS ISSUED TO INVESTORS In May and June 2020, the Company consummated two offerings. In connection with the offering, the Company issued to the investors warrants to purchase an aggregate of 911,112 common shares at an exercise price of $2.25 per common share, which was amended to $1.25 per common share on the second offering on June 30, 2020. These warrants are exercisable at any time, and from time to time, in whole or in part, commencing on May 26, 2020 and expire on November 25, 2025. The fair value of these warrants, using the Black-Scholes option pricing model, on the date of issuance was $1,689,389. Variables used in the option-pricing model include (1) risk-free interest rate at the date of grant (0.40%), (2) expected warrant life of 5.5 years, (3) expected volatility of 99.50%, and (4) expected dividend yield of 0. As of June 30, 2021, all warrants were exercised and all the underlying shares were issued. In June 2020, the Company issued to the investors warrants to purchase an aggregate of 1,680,000 common shares at an exercise price of $1.25 per common share. These warrants are exercisable at any time, and from time to time, in whole or in part, commencing on June 30, 2020 and expire on December 30, 2025. The fair value of these warrants, using the Black-Scholes option pricing model, on the date of issuance was $1,639,333. Variables used in the option-pricing model include (1) risk-free interest rate at the date of grant (0.35%), (2) expected warrant life of 5.5 years, (3) expected volatility of 104.26%, and (4) expected dividend yield of 0. As of June 30, 2021, all warrants were exercised. ​ In June 2021, the Company issued to some institutional investors warrants to purchase an aggregate of up to 8,814,102 Class A Ordinary Shares. The warrants are subject to deemed-liquidation redemption features and are therefore classified as a liability in accordance with FASB ASC 480. The warrant liability is re-valued at each reporting period with the change in fair value recorded through earnings. The Company established the initial fair value of the warrants at $34,860,000. As of June 30, 2021, the fair value of the warrant liability was $29,520,000. During the period from June 14, 2021 (date of initial measurement) through June 30, 2021, there was change in fair value of warrant liability in an aggregate amount of $5,340,000 recorded as a part of offset to the Company’s net loss for the year. ​ The key inputs into the Black-Scholes model were as follows at their measurement dates: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 14, 2021 ​ ​ June 30, ​ (Initial ​ ​ 2021 ​ measurement) Input ​ ​ ​ Stock price ​ $ 4.33 ​ $ 5.01 ​ Risk-free interest rate ​ 0.95 % 0.90 % Volatility ​ 111 % 111 % Exercise price ​ $ 6.24 ​ $ 6.24 ​ Warrant life ​ 5.5 years ​ 5.5 years ​ ​ The following table presents information about the Company’s warrants that were measured at fair value on a recurring basis as of June 30, 2021, and indicates the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices In Significant Other Significant Other ​ ​ June 30, ​ Active Markets ​ Observable Inputs ​ Unobservable Inputs Description ​ 2021 ​ (Level 1) ​ (Level 2) ​ (Level 3) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities: ​ ​ ​ ​ Warrant liability ​ $ 29,520,000 ​ $ — ​ $ — ​ $ 29,520,000 ​ The following table summarizes the Company’s Warrants activities and status of Warrants at June 30, 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted Average ​ ​ ​ ​ Average ​ Remaining ​ ​ ​ ​ Exercise Price ​ Period Warrants Warrants Per Share (Years) Outstanding as of June 30, 2019 — ​ $ — Issued 2,591,112 ​ 1.25 Forfeited — ​ — Exercised — ​ — Expired — ​ — Outstanding as of June 30, 2020 2,591,112 ​ $ 1.25 5.5 Issued 8,814,102 ​ 6.24 Forfeited — ​ — Exercised (2,591,112) ​ 1.25 Expired — ​ — Outstanding as of June 30, 2021 8,814,102 ​ $ 6.24 5.38 ​

CONVERTIBLE NOTES PAYABLE

CONVERTIBLE NOTES PAYABLE	12 Months Ended
	Jun. 30, 2021
CONVERTIBLE NOTES PAYABLE
CONVERTIBLE NOTES PAYABLE	NOTE 19. CONVERTIBLE NOTES PAYABLE On November 25, 2020, the Company and certain accredited investors (the “Investors”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) pursuant to which the Company sold to the Investors, and the Investors purchased from the Company, in an unregistered private transaction, convertible promissory notes (the “Convertible Notes”) with an aggregate principal amount of $6,485,000, convertible into Class A Ordinary Shares, $0.0925 par value per share of the Company at a rate of $0.71 per Class A Ordinary Share, upon the terms and subject to the limitations and conditions set forth in such Convertible Notes. The Convertible Notes bears interest at a rate of 12% per year and will have a term of six (6) months. The Company will repay the Convertible Notes principal and interest in six (6) equal monthly payments, subject to earlier conversion or repayment. The Holders have the right to convert the Convertible Notes, and the Company has the right to repay the Convertible Notes without penalty, in whole or in part during the term of the Notes. In the event of such early conversion or repayment, the Company has the right to make such payment in shares, cash, or combination of shares and cash, and the amount payable will equal the amount of accrued and outstanding principal and interest on such repaid amount, and the Company will not have any make-whole obligations. Assuming payment of principal and interest entirely in Class A Ordinary Shares and no early conversion or repayment, the Company would issue up to an aggregate of Class A 9,466,137 Ordinary Shares in connection with the Convertible Notes. On January 28, 2021, the Company received the conversion notices from the Investors, and Class A Ordinary Shares totaling 9,225,338 were issued by the Company to the Investors equaling principal and interests amounted to $6,549,990, after the issuance, all the outstanding principle and interests have been converted.

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	12 Months Ended
	Jun. 30, 2021
STOCK-BASED COMPENSATION
STOCK-BASED COMPENSATION	NOTE 20. STOCK-BASED COMPENSATION Stock-Based Awards Plan The following is a summary of the stock options activity: ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ Average ​ ​ ​ ​ Exercise Price Stock Options ​ Shares ​ Per Share Outstanding as of June 30, 2019 163,120 ​ $ 15.20 Granted — ​ — Forfeited — ​ — Exercised — ​ — Expired ​ 53,600 ​ ​ 25.75 Outstanding as of June 30, 2020 109,520 ​ $ 10.02 Granted — ​ — Forfeited — ​ — Exercised — ​ — Expired ​ — ​ ​ — Outstanding as of June 30, 2021 109,520 ​ $ 10.02 ​ The following is a summary of the status of options outstanding and exercisable at June 30, 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Outstanding Options ​ Exercisable Options ​ ​ ​ Average ​ ​ ​ Average ​ ​ ​ ​ ​ Remaining ​ ​ ​ ​ ​ ​ Remaining Average Exercise ​ ​ Contractual ​ Average Exercise ​ ​ Contractual Price ​ Number life (Years) ​ Price ​ Number life (Years) $ 14.80 29,520 0.74 ​ $ 14.80 29,520 0.74 $ 8.25 80,000 3.59 ​ $ 8.25 80,000 3.59 ​ ​ 109,520 ​ ​ The Share-based compensation expense recorded for stock options granted were all ¥nil for years ended June 30, 2019, 2020 and 2021, respectively. No unrecognized share-based compensation for stock options as of June 30, 2021. Restricted Shares to Senior Management As of June 30, 2021, the Company has granted restricted shares of common stock to senior management and employees as follows: On October 13, 2017, the Company granted 180,000 restricted shares to its employees as compensation cost for awards. The fair value of the restricted shares was $919,800 based on the closing stock price $5.11 at October 13, 2017. These restricted shares will vest over three years with one-third of the shares vesting every year from the grant date. All granted shares under this plan are fully vested on October 13, 2020. On August 21, 2018, the Company granted 391,200 restricted shares to its employees as compensation cost for awards. The fair value of the restricted shares was $2,523,240 based on the closing stock price $6.45 at August 21, 2018. These restricted shares will vest over three years with one-third of the shares vesting every year from the grant date. As of June 30, 2021, 260,800 shares were vest and 130,400 will not be vested until August 21, 2021. On September 03,2021, all vested shares were issued. 858,667, 250,086 and 188,662 restricted shares were issued outstanding the The share-based compensation expense recorded for restricted shares issued for management was ¥21,288,204, ¥7,944,835 and ¥6,140,037 ($950,786) for the years ended June 30, 2019, 2020 and 2021, respectively. The total unrecognized share-based compensation expense of restricted shares issued for management and employees as of June 30, 2021 was approximately ¥0.8 million ($0.1 million), which is expected to be recognized over a weighted average period of approximately 0.14 years. Restricted Shares for service As of June 30, 2021, the Company has granted restricted Class A Ordinary Shares to consultants as follows: On August 27, 2018, the Company approved the grant of 5,000 restricted shares with a value of $32,000 based on the closing stock price of $6.40 on August 27, 2018 to a company as payment for promotion PR/IR service. The vesting period of these shares was one year from the date of contract. 5,000 restricted shares were issued under this plan on August 27, 2018 and all granted shares under this plan are fully vested by August 27, 2019. The Share-based compensation expense recorded for restricted shares issued for service was ¥845,781, ¥33,927 and ¥nil for the years ended June 30, 2019, 2020 and 2021, respectively. The total unrecognized share-based compensation expense of restricted shares issued for service as of June 30, 2021 was approximately ¥nil. Following is a summary of the restricted shares granted: ​ ​ ​ ​ Restricted stock grants Shares Non-vested as of June 30, 2019 821,644 Granted — Vested (500,844) Non-vested as of June 30, 2020 320,800 Granted — Vested (190,400) Non-vested as of June 30, 2021 130,400 ​ The following is a summary of the status of restricted stock at June 30, 2021: ​ ​ ​ ​ ​ ​ ​ Outstanding Restricted Shares ​ ​ Average ​ ​ ​ ​ Remaining Fair Value per ​ ​ Amortization Share ​ Number Period (Years) $ 6.45 130,400 0.14 ​ ​ 130,400 ​ All the outstanding balances of 130,400 restricted shares were vested by August 2021 and issued on September 3, 2021.

INCOME TAX

INCOME TAX	12 Months Ended
	Jun. 30, 2021
INCOME TAX
INCOME TAX	NOTE 21. INCOME TAX The Company is not subject to any income taxes in the United States or the Cayman Islands and had minimal operations in jurisdictions other than the PRC. BHD and Nanjing Recon are subject to PRC’s income taxes as PRC domestic companies. The Company follows Implementing Rules for the Enterprise Income Tax Law (“Implementing Rules”), which took effect on January 1, 2008 and unified the income tax rate for domestic-invested and foreign-invested enterprises at 25%. Nanjing Recon was approved as a government-certified high-technology company and is subject to a reduced income tax rate of 15% through November 30, 2019. Nanjing Recon reapplied for a high-technology company certificate, and the new certificate was approved as November 22, 2019 and will expire on November 22, 2022. As approved by the domestic tax authority in the PRC, BHD was recognized as a government-certified high-technology company on November 25, 2009 and is subject to a reduced income tax rate of 15% through November 25, 2018. BHD reapplied for a high-technology company certificate, and the new certificate was approved as October 31, 2018 and will expire on October 31, 2021. Gain (loss) before provision for income taxes consisted of: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ ​ 2019 ​ 2020 ​ 2021 ​ 2021 ​ RMB RMB RMB U.S. Dollars Outside China areas ¥ (28,447,953) ¥ (10,160,525) ¥ 4,011,449 ​ $ 621,174 China ​ 3,064,024 ​ (9,679,757) ​ (30,402,528) ​ (4,707,838) Total ¥ (25,383,929) ¥ (19,840,282) ¥ (26,391,079) ​ $ (4,086,664) ​ Deferred tax asset, net is composed of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 ​ ​ RMB ​ RMB ​ U.S. Dollars Deferred tax assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses ¥ 1,180,160 ¥ 2,137,968 ​ $ 331,065 Impairment for inventory ​ ​ — ​ ​ 160,791 ​ ​ 24,899 Impairment loss from investment in unconsolidated entity ​ 605,660 ​ — ​ — Net operating loss carryforwards ​ 10,441,633 ​ 15,741,037 ​ 2,437,503 Subtotal ​ ¥ 12,227,453 ​ ¥ 18,039,796 ​ $ 2,793,467 Less: Valuation allowance ​ ​ (12,162,660) ​ ​ (17,427,464) ​ ​ (2,698,647) Total deferred tax assets ​ ¥ 64,793 ​ ¥ 612,332 ​ $ 94,820 Deferred tax Liability: ​ ​ 　 ​ ​ ​ 　 ​ ​ ​ 　 ​ Accelerated amortization of intangible assets ​ ¥ (64,793) ​ ¥ (92,032) ​ $ (14,251) Gain on the previously held equity method investment ​ ​ — ​ ​ (146,888) ​ ​ (22,746) Recognition of customer relationship arising from business combinations ​ ​ — ​ ​ (997,500) ​ ​ (154,463) Total deferred tax liability ¥ (64,793) ¥ (1,236,420) ​ ​ (191,460) Deferred tax liability, net ¥ — ¥ (624,088) ​ $ (96,640) ​ Following is a reconciliation of income tax expense (benefit) at the effective rate to income tax at the calculated statutory rates: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ 2019 2020 2021 2021 ​ ​ RMB ​ RMB ​ RMB ​ U.S. Dollars Income tax benefits calculated at PRC statutory rates ¥ (6,318,111) ¥ (4,960,454) ¥ (6,597,770) ​ $ (1,021,666) Nondeductible expenses and others ​ (56,127) ​ 232,213 ​ 338,058 ​ 52,348 Effect of tax rate differential ​ 6,378,169 ​ 2,008,824 ​ 626,245 ​ 96,974 Benefit of revenue exempted from enterprise income tax ​ (279,352) ​ (266,548) ​ (57,250) ​ (8,865) Change in valuation allowances ​ 673,898 ​ 3,268,287 ​ 5,264,804 ​ 815,256 Tax refund ​ — ​ — ​ (98,338) ​ (15,227) Provision (benefit) for income tax ¥ 398,477 ¥ 282,322 ¥ (524,251) ​ $ (81,180) ​ The Company’s income tax expense (benefit) is comprised of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ 2019 2020 2021 2021 ​ RMB RMB RMB U.S. Dollars Current income tax provision (benefit) ¥ 398,477 ¥ 282,322 ¥ (98,338) ​ $ (15,228) Deferred income tax benefit ​ — ​ — ​ (425,913) ​ (65,952) Expense (benefit) for income tax ¥ 398,477 ¥ 282,322 ¥ (524,251) ​ $ (81,180) ​

NON-CONTROLLING INTEREST

NON-CONTROLLING INTEREST	12 Months Ended
	Jun. 30, 2021
NON-CONTROLLING INTEREST
NON-CONTROLLING INTEREST	NOTE 22. NON-CONTROLLING INTEREST Non-controlling interest consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of June 30, 2020 ​ ​ Nanjing Gan Su Qinghai ​ ​ ​ ​ ​ ​ BHD ​ Recon ​ BHD ​ BHD Total ​ Total ​ ​ RMB ​ RMB ​ RMB ​ RMB RMB ​ U.S. Dollars Paid-in capital ¥ 1,651,000 ¥ 200,000 ¥ 4,755,000 ​ ¥ — ​ ¥ 6,606,000 ​ $ 934,406 Unappropriated retained earnings ​ 3,477,493 ​ 3,616,002 ​ (2,100,871) ​ ​ (953,395) ​ ​ 4,039,229 ​ 571,342 Accumulated other comprehensive loss ​ (18,850) ​ (11,853) ​ — ​ ​ — ​ ​ (30,703) ​ (4,343) Total non-controlling interests ¥ 5,109,643 ¥ 3,804,149 ¥ 2,654,129 ​ ¥ (953,395) ​ ¥ 10,614,526 ​ $ 1,501,405 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of June 30, 2021 ​ ​ ​ ​ ​ Nanjing Gan Su Qinghai ​ ​ ​ ​ ​ ​ ​ ​ BHD ​ Recon ​ BHD ​ BHD ​ FGS ​ Total ​ Total ​ ​ RMB ​ RMB ​ RMB ​ RMB ​ RMB ​ RMB ​ U.S. Dollars Paid-in capital ¥ 1,651,000 ¥ 200,000 ¥ 4,805,000 ​ ¥ — ​ ¥ — ​ ¥ 6,656,000 ​ $ 1,030,683 Capital contribution receivable due from non-controlling Interest ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ (50,000,000) ​ ​ (50,000,000) ​ ​ (7,742,510) Unappropriated retained earnings ​ 3,477,493 ​ 3,616,002 ​ (4,106,883) ​ ​ (1,442,443) ​ ​ (539,034) ​ 1,005,135 ​ 155,645 Accumulated other comprehensive loss ​ (18,850) ​ (11,853) ​ — ​ ​ — ​ ​ — ​ (30,703) ​ (4,754) Noncontrolling interest recognized upon business acquisiton ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 34,790,000 ​ ​ 34,790,000 ​ ​ 5,387,238 Total non-controlling interests ¥ 5,109,643 ¥ 3,804,149 ¥ 698,117 ​ ¥ (1,442,443) ​ ​ (15,749,034) ​ ¥ (7,579,568) ​ $ (1,173,698) ​ The Company received capital contribution from non-controlling shareholders of Gan Su BHD amounted to ¥850,000, ¥405,000 and ¥50,000 ($7,743) during the years ended June 30, 2019, 2020 and 2021, respectively. The Company returned ¥200,000 paid in capital back to one of the individual shareholders of Qing Hai BHD during the year ended June 30, 2019. The Company had capital contribution receivable due from non-controlling Interest of FGS amounted to ¥50,000,000 ($7,742,510) as of June 30, 2021.

CONCENTRATIONS

CONCENTRATIONS	12 Months Ended
	Jun. 30, 2021
CONCENTRATIONS
CONCENTRATIONS	NOTE 23. CONCENTRATIONS For the year ended June 30, 2019, CNPC represented 39% and another two customers represented 24% and 12% of the Company’s revenue, respectively. At June 30, 2019, CNPC accounted for 31% and another three customers accounted for 18%, 14% and 10% of the Company’s trade accounts receivable, net, respectively. For the year ended June 30, 2020, CNPC represented 39% and another two customers represented 31% and 17% of the Company’s revenue, respectively. At June 30, 2020, CNPC accounted for 36% and another two customers accounted for 11% and 10% of the Company’s trade accounts receivable, net, respectively. ​ For the year ended June 30, 2021, CNPC represented 39%, SINOPEC represented 22% of the Company’s revenue, respectively. At June 30, 2021, CNPC accounted for 29%, SINOPEC represented 13% and another two customers accounted for 19% and 14% of the Company’s trade accounts receivable, net, respectively.

COMMITMENTS AND CONTINGENCY

COMMITMENTS AND CONTINGENCY	12 Months Ended
	Jun. 30, 2021
COMMITMENTS AND CONTINGENCY
COMMITMENTS AND CONTINGENCY	NOTE 24. COMMITMENTS AND CONTINGENCY (a) Contingency The Labor Contract Law of the PRC requires employers to assure the liability of severance payments if employees are terminated and have been working for the employers for at least two years prior to January 1, 2008. The employers will be liable for one month of severance pay for each year of the service provided by the employees. As of June 30, 2021, the Company estimated its severance payments of approximately ¥6.3 million ($0.9 million) which has not been reflected in its consolidated financial statements, because management cannot predict what the actual payment, if any, will be in the future. (b) Purchase commitment The total future minimum purchase commitment under the non-cancellable purchase contracts as of June 30, 2021 are payable as follows: ​ ​ ​ ​ ​ ​ ​ ​ Twelve months ending June 30, ​ Minimum purchase commitment 2022 ¥ 8,099,019 $ 1,254,135 2023 ​ ​ 300,000 ​ ​ 46,455 2024 ​ ​ 300,000 ​ ​ 46,455 2025 ​ ​ 300,000 ​ ​ 46,455 2026 ​ ​ 150,000 ​ ​ 23,228 Thereafter ​ — ​ — Total minimum payments required ¥ 9,149,019 ​ $ 1,416,728 ​ (c) Office Leases Commitment - short term ​ The Company entered into several non-cancellable operating lease agreements for office spaces and factories. Future payments under such leases were included in lease liabilities as disclosed in Note 11, other than those within under lease agreements within one year which are disclosed as follows as of June 30, 2021: ​ ​ ​ ​ ​ ​ ​ ​ Twelve months ending June 30, RMB U.S. Dollars 2022 ¥ 511,508 ​ $ 79,207 Total ¥ 511,508 ​ $ 79,207 ​

RELATED PARTY TRANSACTIONS AND

RELATED PARTY TRANSACTIONS AND BALANCES	12 Months Ended
	Jun. 30, 2021
RELATED PARTY TRANSACTIONS AND BALANCES
RELATED PARTY TRANSACTIONS AND BALANCES	NOTE 25. RELATED PARTY TRANSACTIONS AND BALANCES Sales to related party – ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ ​ 2019 ​ 2020 ​ 2021 ​ 2021 ​ RMB RMB RMB U.S. Dollars Urumqi Yikeli Automatic Control Equipment Co., Ltd. ​ ¥ 3,726,894 ​ ¥ — ​ ¥ 85,657 ​ $ 13,264 Total revenues from related party ​ ¥ 3,726,894 ​ ¥ — ​ ¥ 85,657 ​ $ 13,264 ​ Prepaid expenses - related parties ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2020 June 30, 2021 June 30, 2019 ​ ​ RMB ​ RMB ​ U.S. Dollars Founders ¥ — ¥ 363,000 ​ $ 56,210 Founders’ family member ​ — ​ 70,000 ​ 10,840 Total prepaid expenses - related parties ¥ — ¥ 433,000 ​ $ 67,050 ​ Leases from related parties - ​ The details of leases from related parties are as below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Monthly Rent Monthly Rent Lessee Lessor Rent Period RMB USD Nanjing Recon One of the Founders April 1, 2020 - March 31, 2022 ¥ 40,000 ​ $ 6,194 BHD One of the Founders Jan 1, 2021- Dec 31, 2021 ​ 22,500 ​ 3,484 BHD One of the Founders Mar 1, 2021 - Dec 31, 2021 ​ 31,667 ​ 4,904 BHD Founders’ family member May 1, 2021 - Dec 31, 2021 ​ 12,500 ​ 1,936 ​ As of June 30, 2020, the operating lease ROU assets and corresponding operating lease liabilities of leases from related parties was ¥803,503 and ¥803,503, respectively. As of June 30, 2021, the operating lease ROU assets and corresponding operating lease liabilities of leases from related parties was ¥352,775 ($54,627) and ¥352,775 ($54,627), respectively. ​ Guarantee/collateral related parties

VARIABLE INTEREST ENTITIES

VARIABLE INTEREST ENTITIES	12 Months Ended
	Jun. 30, 2021
VARIABLE INTEREST ENTITIES
VARIABLE INTEREST ENTITIES	NOTE 26. VARIABLE INTEREST ENTITIES VIEs are generally entities that lack sufficient equity to finance their activities without additional financial support from other parties or whose equity holders lack adequate decision-making ability. All VIEs and their subsidiaries with which the Company is involved must be evaluated to determine the primary beneficiary of the risks and rewards of the VIE. The primary beneficiary is required to consolidate the VIE for financial reporting purposes. Summary information regarding consolidated VIEs is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2020 ​ June 30, 2021 ​ June 30, 2021 ​ RMB RMB U.S. Dollars ASSETS ​ ​ ​ ​ Current Assets ​ ​ ​ ​ Cash ¥ 6,388,098 ¥ 4,293,380 ​ $ 664,831 Notes receivable ​ 4,180,885 ​ 6,305,633 ​ 976,429 Trade accounts receivable, net ​ 44,031,079 ​ 24,762,732 ​ 3,834,514 Trade accounts receivable- related party, net ​ 3,068,920 ​ — ​ — Inventories, net ​ ​ 1,985,723 ​ ​ 3,644,522 ​ ​ 564,355 Other receivables, net ​ ​ 6,342,009 ​ ​ 5,988,641 ​ ​ 927,342 Loans to third parties ​ ​ 3,200,377 ​ ​ 1,350,000 ​ ​ 209,048 Purchase advances, net ​ ​ 75,195 ​ ​ 1,078,137 ​ ​ 166,950 Contract costs, net ​ ​ 31,537,586 ​ ​ 48,795,906 ​ ​ 7,556,056 Prepaid expenses ​ ​ 42,294 ​ ​ — ​ ​ — Prepaid expenses- related parties ​ — ​ 433,000 ​ 67,050 Total current assets ​ 100,852,166 ​ 96,651,951 ​ ​ 14,966,575 ​ ​ ​ ​ ​ ​ 　 ​ ​ ​ 　 ​ Property and equipment, net ​ ​ 29,756,879 ​ ​ 27,138,768 ​ ​ 4,202,444 Land use right, net ​ ​ 1,280,648 ​ ​ 1,253,408 ​ ​ 194,090 Customer relationship ​ ​ — ​ ​ 6,650,000 ​ ​ 1,029,754 Investment in unconsolidated entity ​ ​ 4,000,000 ​ ​ — ​ ​ — Long-term other receivables, net ​ ​ 3,640 ​ ​ 114,679 ​ ​ 17,758 Goodwill ​ ​ — ​ ​ 6,996,895 ​ ​ 1,083,471 Right of use assets ​ 2,549,914 ​ 7,925,930 ​ 1,227,332 Total Assets ¥ 138,443,247 ¥ 146,731,631 ​ $ 22,721,424 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ LIABILITIES ​ ​ ​ ​ ​ ​ Short-term bank loan ¥ 9,520,000 ¥ 15,000,000 ​ $ 2,322,753 Trade accounts payable ​ ​ 18,903,080 ​ ​ 18,182,770 ​ ​ 2,815,606 Other payables ​ ​ 1,115,209 ​ ​ 2,096,830 ​ ​ 324,695 Other payable- related parties ​ ​ 3,113,460 ​ ​ 1,253,797 ​ ​ 194,151 Advance from customers ​ ​ 3,486,033 ​ ​ 7,686,276 ​ ​ 1,190,221 Accrued payroll and employees’ welfare ​ ​ 850,841 ​ ​ 1,565,898 ​ ​ 242,480 Intercompany payables* ​ ​ 88,134,791 ​ ​ 95,284,791 ​ ​ 14,754,869 Taxes payable ​ ​ 1,108,265 ​ ​ 1,249,052 ​ ​ 193,416 Short-term borrowings ​ ​ 200,000 ​ ​ 530,000 ​ ​ 82,071 Short-term borrowings - related parties ​ ​ 10,230,746 ​ ​ 12,676,042 ​ ​ 1,962,888 Long-term borrowings - related party - current portion ​ 847,346 ​ 920,066 ​ 142,472 Operating lease liabilities - current ​ 1,328,976 ​ 2,226,832 ​ 344,825 Total current liabilities ​ 138,838,747 ​ 158,672,354 ​ 24,570,447 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating lease liabilities - non-current ​ ​ 1,210,088 ​ ​ 4,792,101 ​ ​ 742,058 Long-term borrowings - related party ​ 7,379,253 ​ 6,486,551 ​ 1,004,444 Deferred tax liability ​ ​ — ​ ​ 624,088 ​ ​ 96,640 Total Liabilities ¥ 147,428,088 ¥ 170,575,094 ​ $ 26,413,589 *Intercompany payables are eliminated upon consolidation. ​ The financial performance of VIEs reported in the consolidated statement of operations and comprehensive loss for the year ended June 30, 2019 includes revenues of ¥102,384,327, operating expenses of ¥21,501,642, and net income of ¥3,500,635. The financial performance of VIEs reported in the consolidated statement of operations and comprehensive loss for the year ended June 30, 2020 includes revenues of ¥45,681,441, operating expenses of ¥20,811,514, and net loss of ¥10,563,458. The financial performance of VIEs reported in the consolidated statement of operations and comprehensive loss for the year ended June 30, 2021 includes revenues of ¥47,817,378 ($7,404,531), operating expenses of ¥33,696,978 ($5,217,984), and net loss of ¥29,155,914 ($4,514,799).

SEGMENT REPORTING

SEGMENT REPORTING	12 Months Ended
	Jun. 30, 2021
SEGMENT REPORTING
SEGMENT REPORTING	NOTE 27. SEGMENT REPORTING ASC 280, “Segment Reporting,” establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal organizational structure as well as information about geographical areas, business segments and major customers in financial statements for details on the Company’s business segments. The Company uses the “management approach” in determining reportable operating segments. The management approach considers the internal organization and reporting used by the Company’s chief operating decision maker for making operating decisions and assessing performance as the source for determining the Company’s reportable segments. Management, including the chief operating decision maker, reviews operation results by the revenue of different products. Based on management’s assessment, the Company has determined that it has four operating segments: automation product and software, equipment and accessories, oilfield environmental protection and platform outsourcing services. The following tables present summary information by segment for the years ended June 30, 2019, 2020 and 2021, respectively: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended June 30, ​ ​ 2019 ​ 2020 ​ 2021 ​ 2021 ​ RMB RMB RMB U.S. Dollars Automation product and software ¥ 63,577,177 ¥ 51,413,830 ¥ 18,535,166 ​ $ 2,870,175 Equipment and accessories ​ 23,951,132 ​ 14,222,623 ​ 15,791,623 ​ 2,445,336 Oilfield environmental protection ​ 14,856,018 ​ 124,198 ​ 11,043,979 ​ 1,710,162 Platform outsourcing services ​ ​ — ​ ​ — ​ ​ 2,567,807 ​ ​ 397,625 Total revenue ¥ 102,384,327 ¥ 65,760,651 ¥ 47,938,575 ​ $ 7,423,298 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended June 30, 2021 ​ Automation Equipment Oilfield Platform ​ ​ ​ ​ product and ​ and ​ environmental ​ outsourcing ​ ​ ​ ​ ​ software ​ accessories ​ protection ​ services ​ Total ​ ​ RMB ​ RMB ​ RMB ​ RMB ​ RMB Revenue ¥ 18,535,166 ¥ 15,791,623 ¥ 11,043,979 ¥ 2,567,807 ¥ 47,938,575 Cost of revenue and related tax ​ 19,942,541 ​ 11,264,971 ​ 8,045,567 ​ 1,470,468 ​ 40,723,547 Gross profit ¥ (1,407,375) ¥ 4,526,652 ¥ 2,998,412 ¥ 1,097,339 ¥ 7,215,028 Depreciation and amortization ¥ 277,496 ¥ 851,612 ¥ 2,000,952 ¥ 20,729 ¥ 3,150,789 Total capital expenditures ¥ 26,761 ¥ 136,224 ¥ 315,944 ¥ 43,487 ¥ 522,416 Timing of revenue recognition ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Goods transferred at a point in time ​ ¥ 18,535,166 ¥ 15,791,623 ¥ 9,654,418 ¥ 2,567,807 ¥ 46,549,014 Services rendered over time ​ ​ — ​ ​ — ​ ​ 1,389,561 ​ ​ — ​ ​ 1,389,561 Total revenue ¥ 18,535,166 ¥ 15,791,623 ¥ 11,043,979 ¥ 2,567,807 ¥ 47,938,575 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended June 30, 2020 ​ Automation Equipment Oilfield Platform ​ ​ ​ ​ product and ​ and ​ environmental ​ outsourcing ​ ​ ​ ​ ​ software ​ accessories ​ protection ​ services ​ Total ​ ​ RMB ​ RMB ​ RMB ​ RMB ​ RMB Revenue ¥ 51,413,830 ¥ 14,222,623 ¥ 124,198 ¥ — ¥ 65,760,651 Cost of revenue and related tax ​ 38,257,914 ​ 7,683,662 ​ 212,679 ​ — ​ 46,154,255 Gross profit ¥ 13,155,916 ¥ 6,538,961 ¥ (88,481) ¥ — ¥ 19,606,396 Depreciation and amortization ¥ 98,756 ¥ 683,522 ¥ 827,422 ¥ — ¥ 1,609,700 Total capital expenditures ¥ 85,975 ¥ — ¥ 3,782,911 ¥ — ¥ 3,868,886 Timing of revenue recognition ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Goods transferred at a point in time ​ ¥ 10,871,301 ​ ¥ 14,222,623 ​ ¥ — ​ ¥ — ​ ¥ 25,093,924 Services rendered over time ​ ​ 40,542,529 ​ ​ — ​ ​ 124,198 ​ ​ — ​ ​ 40,666,727 Total revenue ¥ 51,413,830 ¥ 14,222,623 ¥ 124,198 ¥ — ¥ 65,760,651 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended June 30, 2019 ​ Automation Equipment Oilfield Platform ​ ​ ​ ​ product and ​ and ​ environmental ​ outsourcing ​ ​ ​ ​ ​ software ​ accessories ​ protection ​ services ​ Total ​ ​ RMB ​ RMB ​ RMB ​ RMB ​ RMB Revenue ¥ 63,577,177 ¥ 23,951,132 ¥ 14,856,018 ¥ — ¥ 102,384,327 Cost of revenue and related tax ​ 49,356,155 ​ 15,039,628 ​ 8,123,180 ​ — ​ 72,518,963 Gross profit ¥ 14,221,022 ¥ 8,911,504 ¥ 6,732,838 ¥ — ¥ 29,865,364 Depreciation and amortization ¥ 78,760 ¥ 1,018,012 ¥ 27,239 ¥ — ¥ 1,124,011 Total capital expenditures ¥ 162,060 ¥ 1,573,896 ¥ 4,606,823 ¥ — ¥ 6,342,779 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Timing of revenue recognition ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Goods transferred at a point in time ​ ¥ 63,577,177 ​ ¥ 23,951,132 ​ ¥ 14,856,018 ​ ¥ — ​ ¥ 102,384,327 Services rendered over time ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total revenue ¥ 63,577,177 ¥ 23,951,132 ¥ 14,856,018 ¥ — ¥ 102,384,327 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 ​ ​ RMB ​ RMB ​ U.S. Dollars Total assets: ​ ​ ​ Automation product and software ¥ 81,743,307 ¥ 156,435,379 ​ $ 24,224,051 Equipment and accessories ​ 61,578,632 ​ 160,299,200 ​ 24,822,364 Oilfield environmental protection ​ 51,092,865 ​ 139,326,144 ​ 21,574,682 Platform outsourcing services ​ ​ — ​ ​ 110,455,937 ​ ​ 17,104,123 Total Assets ¥ 194,414,804 ¥ 566,516,660 ​ $ 87,725,220 ​

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Jun. 30, 2021
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	NOTE 28. SUBSEQUENT EVENTS On October 21, 2021, the Company invested RMB1 million, being a 10% equity interest holder, into a technology company focusing on gas station operation and oilfield service business. On November 10, 2021, the Company terminated the investment agreement with Starry. On November 10, 2021, the Company sign a service agreement with Starry Blockchain Energy Pte. Ltd. As the service consideration, the Company will issue 500,000 ordinary shares which will vest in equal monthly amounts through the end of December 31, 2021. These consolidated financial statements were approved by management and available for issuance on November 15, 2021, and the Company has evaluated subsequent events through this date. No subsequent events required adjustments to or disclosure in these consolidated financial statements.

CONDENSED FINANCIAL INFORMATION

CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY	12 Months Ended
	Jun. 30, 2021
CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY
CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY	NOTE 29 – CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY Pursuant to the requirements of Rules 12-04(a), 5-04(c), and 4-08(e)(3) of Regulation S-X, the condensed financial information of the parent company shall be filed when the restricted net assets of consolidated subsidiaries exceed 25 percent of consolidated net assets as of the end of the most recently completed fiscal year. The Company performed a test on the restricted net assets of consolidated subsidiaries in accordance with such requirements and concluded that it was applicable to the Company as the restricted net assets of the Company’s PRC subsidiary and VIEs exceeded 25% of the consolidated net assets of the Company. Therefore, the condensed financial statements for the parent company are included herein. For purposes of the above test, restricted net assets of consolidated subsidiaries and VIEs shall mean that amount of the Company’s proportionate share of net assets of consolidated subsidiaries (after intercompany eliminations) which as of the end of the most recent fiscal year may not be transferred to the parent company by subsidiaries and VIEs in the form of loans, advances, or cash dividends without the consent of a third party. The condensed financial information of the parent company has been prepared using the same accounting policies as set out in the Company’s consolidated financial statements except that the parent company used the equity method to account for investment in its subsidiaries and VIEs. Such investment is presented on the condensed balance sheets as “Investment in subsidiaries and VIEs” and the respective profit or loss as “Equity in earnings of subsidiaries and VIEs” on the condensed statements of income. The footnote disclosures contain supplemental information relating to the operations of the Company and, as such, these statements should be read in conjunction with the notes to the consolidated financial statements of the Company. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted. The Company did not pay any dividend for the periods presented. As of June 30, 2021 and 2020, there were no material contingencies, significant provisions for long-term obligations, or guarantees of the Company, except forthose which have been separately disclosed in the consolidated financial statements, if any. RECON TECHNOLOGY, LTD PARENT COMPANY BALANCE SHEETS (UNAUDITED) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of June 30 As of June 30 As of June 30 ​ ​ 2020 ​ 2021 ​ 2021 ​ ​ RMB ​ RMB ​ U.S. Dollars ASSETS ​ ​ ​ Non-current assets ​ ​ ​ Investment in subsidiaries and VIEs ¥ 110,029,762 ​ ¥ 295,095,034 ​ $ 45,695,526 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total assets ¥ 110,029,762 ​ ¥ 295,095,034 ​ $ 45,695,526 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ LIABILITIES AND SHAREHOLDERS’ EQUITY ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ LIABILITIES ¥ — ​ ¥ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ COMMITMENTS AND CONTINGENCIES ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ STOCKHOLDERS’ EQUITY ​ ​ ​ Class A common stock, $0.0925 U.S. dollar par value, 150,000,000 shares authorized; 7,202,832 shares and 26,868,391 shares issued outstanding * ​ 4,577,233 ​ 16,340,826 ​ 2,530,380 Class B common stock, $0.0925 U.S. dollar par value, 20,000,000 shares authorized; no shares issued and outstanding as of June 30, 2020 and June 30, 2021, respectively * ​ — ​ — ​ — Additional paid-in capital ​ 282,505,455 ​ 479,490,763 ​ 74,249,242 Accumulated deficit ​ (179,878,657) ​ (202,711,391) ​ (31,389,900) Accumulated other comprehensive income ​ 2,825,731 ​ 1,974,836 ​ 305,804 Total stockholders’ equity ​ 110,029,762 ​ 295,095,034 ​ 45,695,526 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total liabilities and stockholders’ equity ¥ 110,029,762 ​ ¥ 295,095,034 ​ $ 45,695,526 * Retrospectively restated for effect of stock split on December 27, 2019 and change into dual class structure on April 5, 2021. ​ RECON TECHNOLOGY, LTD PARENT COMPANY STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ 2019 2020 2021 2021 ​ ​ RMB ​ RMB ​ RMB ​ U.S. Dollars ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ EQUITY IN LOSS OF SUBSIDIARIES AND VIES ​ ¥ (25,355,905) ​ ¥ (19,246,701) ¥ (22,832,734) ​ $ (3,535,654) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ NET LOSS ​ (25,355,905) ​ (19,246,701) ​ (22,832,734) ​ (3,535,654) FOREIGN CURRENCY TRANSLATION ADJUSTMENTS ​ 1,393,843 ​ (84,205) ​ (850,895) ​ (131,761) COMPREHENSIVE LOSS ​ ¥ (23,962,062) ​ ¥ (19,330,906) ¥ (23,683,629) ​ $ (3,667,415) ​ RECON TECHNOLOGY, LTD PARENT COMPANY STATEMENTS OF CASH FLOWS (UNAUDITED) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ 2019 2020 2021 2021 ​ ​ RMB ​ RMB ​ RMB ​ U.S. Dollars ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ CASH FLOWS FROM OPERATING ACTIVITIES: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net loss ​ ¥ (25,355,905) ​ ¥ (19,246,701) ¥ (22,832,734) ​ $ (3,535,654) Adjustments to reconcile net cash flows from operating activities: ​ ​ ​ ​ Equity in earnings of subsidiaries and VIEs ​ 25,355,905 ​ 19,246,701 ​ 22,832,734 ​ 3,535,654 Net cash used in operating activities ​ — ​ — ​ — ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ CHANGES IN CASH ​ — ​ — ​ — ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ CASH, beginning of year ​ — ​ — ​ — ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ CASH, end of year ​ ¥ — ​ ¥ — ¥ — ​ $ — ​

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Jun. 30, 2021
SIGNIFICANT ACCOUNTING POLICIES
Basis of Presentation	Basis of Presentation
Principles of Consolidation	Principles of Consolidation
Variable Interest Entities	Variable Interest Entities Assets recognized as a result of consolidating VIEs do not represent additional assets that could be used to satisfy claims against the Company’s general assets. Conversely, liabilities recognized as a result of consolidating these VIEs do not represent additional claims on the Company’s general assets; rather, they represent claims against the specific assets of the consolidated VIEs.
Currency Translation	Currency Translation
Estimates and Assumptions	Estimates and Assumptions The key assumptions underlying the Company’s accounting for material arrangements and the reasonably likely material effects of resolving any uncertainties on the Company’s allowance for credit losses related to purchase advances. The production of the Company’s products requires custom-made equipment from its suppliers. To ensure that it can secure the required customized equipment, the Company often needs to make full prepayment for its intended purchases. As a standard practice in the petroleum extraction industry, the Company generally must submit a bid in order to secure the sales contract. The bidding process generally takes between one month to one year and the timing depends on the size of the overall project, which timing and size are generally controlled by its client. In order to secure timely purchase delivery and to meet its product delivery schedule, the Company normally prepays for the purchase advances if the Company believes that it is more than likely to win the bid for the sales contract which is accounted as pre-contract costs. After winning the bid and securing the sale contract, the Company normally needs to deliver its products approximately within one week to six months. Based on the Company’s historical experience, the Company generally is able to realize its purchase advances on the customized equipment that it orders. If it subsequently confirms that the Company is unable to secure the planned contracts with a customer after making the advance payments for these planned contracts, the Company evaluates the probable recoverability of the pre-contract cost and charges to expenses when the Company determines that the recovery of such pre-contract cost is improbable.
Fair Values of Financial Instruments	Fair Values of Financial Instruments The three levels of inputs are defined as follows: Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3 inputs to the valuation methodology are unobservable. Accounting guidance also describes three main approaches to measuring the fair value of assets and liabilities: (1) market approach; (2) income approach and (3) cost approach. The market approach uses prices and other relevant information generated from market transactions involving identical or comparable assets or liabilities. The income approach uses valuation techniques to convert future amounts to a single present value amount. The measurement is based on the value indicated by current market expectations about those future amounts. The cost approach is based on the amount that would currently be required to replace an asset. The Company measures certain financial assets, including investments under the equity method on other-than-temporary basis, intangible assets and fixed assets at fair value when an impairment charge is recognized. The carrying amounts reported in the consolidated balance sheets for trade accounts receivable, other receivables, purchase advances, trade accounts payable, convertible notes payable, accrued liabilities, advances from customers, investment payable, short-term bank loan and short-term borrowings approximate fair value because of the immediate or short-term maturity of these financial instruments.
Cash	Cash
Trade Accounts,Net, Other Receivables, Net and Loan to Third Parties	Trade Accounts, Net, Other Receivables, Net and Loan to Third Parties The adoption of the credit loss accounting standard has no material impact on the Company’s consolidated financial statements as of July 1, 2020. Accounts receivable, other receivables and loan to third parties are recognized and carried at carrying amount less an allowance for credit loss, if any. The Company maintains an allowance for credit losses resulting from the inability of its trade and non-trade customers (“customers”) to make required payments based on contractual terms. The Company reviews the collectability of its receivables on a regular and ongoing basis. The Company has also included in calculation of allowance for credit losses, the potential impact of the COVID-19 pandemic on our customers businesses and their ability to pay their accounts receivable, other receivables and loan to third parties. After all attempts to collect a receivable have failed, the receivable is written off against the allowance. The Company also considers external factors to the specific customer, including current conditions and forecasts of economic conditions, including the potential impact of the COVID-19 pandemic. In the event the Company recovers amounts previously reserved for, the Company will reduce the specific allowance for credit losses. The balance of allowance for credit loss for the year ended June 30, 2021 increased approximately ¥3,543,445 ($548,703) from the year ended June 30, 2020. The Company evaluates the creditworthiness of all of its customers individually before accepting them and continuously monitors the recoverability of accounts receivable, other receivables and loan to third parties. If there are any indicators that a customer may not make payment, the Company may consider making provision for non-collectability for that particular customer. At the same time, the Company may cease further sales or services to such customer. The following are some of the factors that the Company considers in determining whether to discontinue sales, record as contra revenue or allowance for credit losses: ● the oil price and fluctuation of the overall oil industry; ● the customer fails to comply with its payment schedule; ● the customer is in serious financial difficulty; ● a significant dispute with the customer has occurred regarding job progress or other matters; ● the customer breaches any of the contractual obligations; ● the customer appears to be financially distressed due to economic or legal factors; ● the business between the customer and the Company is not active; and ● other objective evidence indicates non-collectability of the accounts receivable, other receivables and loan to third parties. The Company considers the following factors when determining whether to permit a longer payment period or provide other concessions to customers: ● the customer’s past payment history; ● the customer’s general risk profile, including factors such as the customer’s size, age, and public or private status; ● macroeconomic conditions that may affect a customer’s ability to pay; and ● the relative importance of the customer relationship to the Company’s business.
Notes Receivable	Notes Receivable
Purchase Advances, Net	Purchase Advances, Net -
Inventories, Net	Inventories, Net
Property and Equipment, Net	Property and Equipment, Net two ​ ​ ​ ​ Items Useful life Motor vehicles 5-10 years Office equipment 2-5 years Production equipment 10-20 years ​
Land Use Rights, Net	Land Use Rights, Net
Goodwill	Goodwill -
Intangible assets, net	Intangible assets, net –
Long-Lived Assets	Long-Lived Assets
Long-term Investments	Long-term Investments ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities amends certain aspects of recognition, measurement, presentation and disclosure of financial instruments. The main provisions require equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of the investee) to be measured at fair value through earnings, unless they qualify for a measurement alternative. The new guidance requires modified retrospective application to all outstanding instruments for fiscal years beginning after December 15, 2017, with a cumulative effect adjustment recorded to opening accumulated deficit as of the beginning of the first period in which the guidance becomes effective. However, changes to the accounting for equity securities without a readily determinable fair value would be applied prospectively. The Company adopted the new financial instruments accounting standard from July 1, 2018. - Equity Investments with Readily Determinable Fair Values - Equity Investments without Readily Determinable Fair Values - Equity Investments Accounted for Using the Equity Method - An impairment charge is recorded if the carrying amount of the investment exceeds its fair value and this condition is determined to be other-than-temporary. The Company recorded ¥nil, ¥nil and ¥nil impairment loss on its equity method investment during the years ended June 30, 2019, 2020 and 2021. The Company recorded a (¥959,905) investment loss, ¥462,879 investment income and (¥266,707) ($41,300) investment loss on its equity method investment in unconsolidated entity during the years ended June 30, 2019, 2020 and 2021.
Business Combinations	Business Combinations - costs directly attributable to the acquisition are expensed as incurred. Identifiable assets and liabilities acquired or assumed are measured separately at their fair values as of the acquisition date, irrespective of the extent of any noncontrolling interests. The excess of (i) the total costs of acquisition, fair value of the noncontrolling interests and acquisition date fair value of any previously held equity interest in the acquiree over (ii) the fair value of the identifiable net assets of the acquiree is recorded as goodwill. If the cost of acquisition is less than the fair value of the net assets of the acquiree, the difference is recognized directly in the consolidated statements of operation and comprehensive loss. During the measurement period, which can be up to one year from the acquisition date, the Company may record adjustments to the assets acquired and liabilities assumed with the corresponding offset to goodwill. Upon the conclusion of the measurement period or final determination of the values of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments are recorded to the consolidated statements of operation and comprehensive loss. In a business combination considered as a step acquisition, the Company remeasures the previously held equity interest in the acquiree immediately before obtaining control at its acquisition-date fair value and the re-measurement gain or loss, if any, is recognized in the consolidated statements of operation and comprehensive loss.
Noncontrolling Interests	Noncontrolling Interests -
Revenue Recognition	Revenue Recognition Disaggregation of Revenues Revenues are recognized when control of the promised goods or services are transferred to our customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. The following items represent the Company’s revenues disaggregated by revenue source. In accordance with ASC 606-10-50-5, the Company selects categories to present disaggregated revenue that depict how the nature, amount, timing, and uncertainty of revenues and cash flows are affected by economic factors and delivery conditions of products and fulfillment of obligations. The Company’s disaggregation of revenues for the years ended June 30, 2019, 2020 and 2021 is disclosed in Note 27. Automation Products and Software; Equipment and Accessories The Company generates revenues primarily through delivery of standard or customized products and equipment, including automation products, furnaces and related accessories. Revenue is recognized when products are delivered, and acceptance reports are signed off by customers. The sale of automation products or specialized equipment when combined with services represent a single performance obligation for the development and construction of a single asset. The Company may also provide design or installation services to clients as there may be such obligation in contracts. The promises to transfer the goods and provision of services are not separately identifiable, which is evidenced by the fact that the Company provides significant services of integrating the goods and services into a single deliverable for which the customer has contracted. For such sales arrangements, the Company recognizes revenue using input method, based on the relationship between actual costs incurred compared to the total estimated costs for the contract. Such method is adopted because the Company believes it best depicts the transfer of goods and services to the customer. Oilfield Environmental Protection Service The Company provides wastewater treatment products and related service to oilfield and chemical industry companies and generates revenue from special equipment, self-developed chemical products and supporting service, transfer. Revenue is recognized when contract obligations have been performed. For such sales arrangements, the Company recognizes revenue when products are delivered, on-site assistance services rendered, and acceptance reports are signed off by customers. Such method is adopted because the Company believes it best depicts the transfer of services to the customer. The Company provides oily sludge disposal and treatment services to oilfield companies and generates revenue from treatment services of oily sludge. Revenue is recognized when contract obligations have been performed. For such sales arrangements, the Company recognizes revenue using output method, based on the percentage-of-completion method. Such method is adopted because the Company believes it best depicts the transfer of services to the customer. Platform Outsourcing Services The Company provides online platform development, maintenance, and operation services to gas stations around different provinces in China to complete online transactions; and API (application programming interface) port export service and related maintain services to business cooperators of different industries that may have transactions in the refueling scenario during the service contract period. The Company considered these performance obligations to be indistinguishable contractual performance obligations. As the Company has no right to get the compensation for any performances completed while not accepted by its customers, the Company can only recognize revenue at a point in time, which is when the online transaction is completed. The Company’s services enable terminal users of different mobile apps runed by its clients or cooperators to complete refueling in cash or online through different payment channels, when each transaction, including refueling and payment, is completed, the Company is entitled to charge with pre-setted rates of each transaction amount as service fee and recognize the underlying amount as revenue. Related fees are generally billed monthly, based on a per transaction basis. Arrangements with Multiple Performance Obligations Contracts with customers may include multiple performance obligations. For such arrangements, the Company will allocate revenues to each performance obligation based on its relative standalone selling price. We generally determine standalone selling prices based on the prices charged to customers or using expected cost-plus margin. Contract Balances Contract balances typically arise when a difference in timing between the transfer of control to the customer and receipt of consideration occurs. The following table provides information about contract costs and contract liabilities from contracts with customers: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 ​ ​ RMB ​ RMB ​ U.S. Dollars Contract costs ¥ 31,537,586 ¥ 48,795,906 ​ $ 7,556,056 Contract liabilities ¥ 3,486,033 ¥ 7,686,276 ​ $ 1,190,221 ​ Contract costs, net - The Company recognizes an asset from the costs incurred to fulfill a contract when those costs meet all of the following criteria: (i) the costs relate directly to a contract or to an anticipated contract that the Company can specifically identify; (ii) the costs generate or enhance resources of the Company that will be used in satisfying (or in continuing to satisfy) performance obligations in the future; and (iii) the costs are expected to be recovered. - Pre-Contract Costs - Executed Contract Costs Contract liabilities - Contract liabilities are recognized for contracts where payment has been received in advance of performance under the contract. The Company’s contract liabilities consist primarily of the Company’s unsatisfied performance obligations as of the balance sheet dates. Contract liabilities are recognized as revenue after control of the products or services is transferred to the customer and all revenue recognition criteria have been met. Performance Obligations - Amounts billed to customers for shipping and handling activities to fulfill the Company’s promise to transfer the goods are included in revenues, and costs incurred by the Company for the delivery of goods are classified as cost of sales in the consolidated statements of operations and comprehensive loss. Sales, value added, and other taxes the Company collects concurrent with revenue-producing activities are excluded from revenue. The Company generally offers assurance-type warranties for its products. The specific terms and conditions of those warranties vary depending upon the product. The Company estimates the costs that may be incurred under its warranties and records a liability in the amount of such costs at the time product revenue is recognized. Factors that affect the warranty liability include historical product-failure experience and estimated repair costs for identified matters. The Company periodically assesses the adequacy of its recorded warranty liabilities and adjusts the amounts as necessary. The amount accrued for expected returns and warranty claims was immaterial as of June 30, 2021. The amount of revenue recognized during the years ended June 30, 2019, 2020 and 2021 that was previously included within contract liability balances was ¥122,996, ¥nil and ¥1,899,561 ($294,147), respectively. Practical Expedients Elected Incremental Costs of Obtaining a Contract - The Company has elected the practical expedient permitted in ASC 340-40-25-4, which permits an entity to recognize incremental costs to obtain a contract as an expense when incurred if the amortization period will be less than one year and not significant. Significant Financing Component - The Company has elected the practical expedient permitted in ASC 606-10-32-18, which allows an entity to not adjust the promised amount of consideration for the effects of a significant financing component if a contract has a duration of one year or less. As the Company’s contracts are majorly less than one year in length, consideration will not be adjusted. For the Company’s contracts include a standard payment term of 90 days to 180 days; consequently, there is no significant financing component within contracts. There are also some new contracts that will not be completed within one year from year 2020, the Company did calculation and the amount was not material as end of this fiscal year.
Share-Based Compensation	Share-Based Compensation -
Research and Development Expenses	Research and Development Expenses
Shipping and Handling Costs	Shipping and Handling Costs -
Leases	Leases Leases At the commencement date, the Company recognizes the lease liability at the present value of the lease payments not yet paid, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, the Company’s incremental borrowing rate for the same term as the underlying lease. The ROU asset is recognized initially at cost, which primarily comprises the initial amount of the lease liability, plus any initial direct costs incurred, consisting mainly of brokerage commissions, less any lease incentives received. All ROU assets are reviewed for impairment annually. There was no impairment for ROU lease assets as of June 30, 2020 and 2021.
Investment Payable	Investment Payable
Income Taxes	Income Taxes The Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position would be measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement. The Company has no uncertain tax position as of June 30, 2020 and 2021. As of June 30, 2021, the tax years ended December 31, 2016 through December 31, 2020 for the Company’s People’s Republic of China (“PRC”) subsidiaries remain open for statutory examination by PRC tax authorities.
Comprehensive Loss	Comprehensive Loss -
Loss per Share	Loss per Share (“EPS”) Potentially dilutive Class A Ordinary Shares consist of Class A Ordinary Shares issuable upon the conversion of ordinary stock options, restricted shares and warrants (using the treasury stock method). The effect from options, restricted shares and warrants would have been anti-dilutive due to the fact that the Company incurred a net loss for the years ended June 30, 2019, 2020 and 2021.
Warrants	Warrants For issued or modified warrants that meet all of the criteria for equity classification, the warrants are required to be recorded as a component of additional paid-in capital at the time of issuance. For issued or modified warrants that do not meet all the criteria for equity classification, the warrants are required to be recorded at their initial fair value on the date of issuance, and each balance sheet date thereafter. Changes in the estimated fair value of the warrants are recognized as a non-cash gain or loss on the statements of operations.
Convertible Notes Payable	Convertible Notes Payable Debt with conversion and other options
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740) Simplifying the Accounting for Income Taxes. The Board is issuing this Update as part of its initiative to reduce complexity in accounting standards (the Simplification Initiative). The objective of the Simplification Initiative is to identify, evaluate, and improve areas of GAAP for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to users of financial statements. The specific areas of potential simplification in this Update were submitted by stakeholders as part of the Simplification Initiative. For public business entities, the amendments in this Update are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. The Company expects that the adoption of this ASU will not have a material impact on the Company’s consolidated financial statements. In August 2020, the FASB issued ASU 2020-06, “Debt – Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815 – 40)” (“ASU 2020-06”). ASU 2020-06 simplifies the accounting for certain financial instruments with characteristics of liabilities and equity, including convertible instruments and contracts on an entity’s own equity. The ASU is part of the FASB’s simplification initiative, which aims to reduce unnecessary complexity in U.S. GAAP. The ASU’s amendments are effective for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years. The Company is currently evaluating the impact ASU 2020-06 will have on the Company’s consolidated financial statements. The Company does not believe other recently issued but not yet effective accounting standards, if currently adopted, would have a material effect on the consolidated financial position, statements of operations and cash flows.

SIGNIFICANT ACCOUNTING POLICI_3

SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Jun. 30, 2021
SIGNIFICANT ACCOUNTING POLICIES
Schedule of estimated useful life	​ ​ ​ ​ Items Useful life Motor vehicles 5-10 years Office equipment 2-5 years Production equipment 10-20 years
Summary of information about contract assets and contract liabilities from contracts with customers	The following table provides information about contract costs and contract liabilities from contracts with customers: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 ​ ​ RMB ​ RMB ​ U.S. Dollars Contract costs ¥ 31,537,586 ¥ 48,795,906 ​ $ 7,556,056 Contract liabilities ¥ 3,486,033 ¥ 7,686,276 ​ $ 1,190,221

TRADE ACCOUNTS RECEIVABLE, NET

TRADE ACCOUNTS RECEIVABLE, NET (Tables)	12 Months Ended
	Jun. 30, 2021
TRADE ACCOUNTS RECEIVABLE, NET
Schedule of Accounts receivable	Accounts receivable, net consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 Third Parties ​ RMB ​ RMB ​ U.S. Dollars Trade accounts receivable ¥ 51,679,627 ¥ 31,669,331 ​ $ 4,904,001 Allowance for credit losses ​ (3,435,612) ​ (4,982,443) ​ (771,531) Total third-parties, net ¥ 48,244,015 ¥ 26,686,888 ​ $ 4,132,470 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ June 30, ​ June 30, ​ ​ 2020 ​ 2021 ​ 2021 Related Party RMB RMB U.S. Dollars Urumqi Yikeli Automatic Control Equipment Co., Ltd. ¥ 3,409,912 ¥ — ​ $ — Allowance for credit losses ​ (340,992) ​ — ​ — Total related-party, net ¥ 3,068,920 ¥ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 Third Parties- long-term ​ RMB ​ RMB ​ U.S. Dollars Trade accounts receivable ​ ¥ 2,072,900 ​ ¥ 4,332,984 ​ $ 670,963 Allowance for credit losses ​ (2,072,900) ​ (4,332,984) ​ (670,963) Total third-parties, net ​ ¥ — ​ ¥ — ​ $ —
Schedule of Movement of allowance for credit losses	Movement of allowance for credit losses is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 ​ ​ RMB ​ RMB ​ U.S. Dollars Beginning balance ¥ 3,645,334 ¥ 5,849,504 ​ $ 905,796 Charge to expense ​ 2,204,170 ​ 3,730,606 ​ 577,684 Less: write-off ​ — ​ (254,853) ​ (39,464) Foreign currency translation adjustments ​ ​ — ​ ​ (9,830) ​ ​ (1,522) Ending balance ¥ 5,849,504 ¥ 9,315,427 ​ $ 1,442,494

OTHER RECEIVABLES, NET (Tables)

OTHER RECEIVABLES, NET (Tables)	12 Months Ended
	Jun. 30, 2021
OTHER RECEIVABLES, NET
Schedule of Other receivables, net	Other receivables, net consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 Third Party ​ RMB ​ RMB ​ U.S. Dollars Business advances to officers and staffs (A) ¥ 1,141,829 ¥ 957,277 $ 148,235 Deposits for projects ​ 1,381,081 ​ 1,982,987 ​ 307,066 VAT recoverable ​ 3,746,435 ​ 3,562,295 ​ 551,622 Others ​ 1,614,133 ​ 1,469,949 ​ 227,621 ​ ​ ​ 7,883,478 ​ ​ 7,972,508 ​ ​ 1,234,544 Less: Long term portion (B) ​ ​ (3,640) ​ ​ (114,679) ​ ​ (17,758) Allowance for credit losses ​ (1,529,036) ​ (918,153) ​ (142,176) Other receivable - current portion ¥ 6,350,802 ​ ¥ 6,939,676 ​ $ 1,074,610 (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. (B) Long-term portion are mainly tender deposits for large-scale projects or rental contracts. These funds may not be collected back until projects are finished or contracts are completed.
Schedule of Movement of allowance for doubtful accounts	Movement of allowance for credit losses is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 ​ ​ RMB ​ RMB ​ U.S. Dollars Beginning balance ¥ 1,461,724 ¥ 1,529,036 ​ $ 236,772 Balance acquired from FGS ​ ​ — ​ ​ 151,689 ​ ​ 23,488 Charge to (reversal of) expense ​ 67,312 ​ (187,161) ​ (28,981) Less: write-off ​ — ​ (575,411) ​ (89,103) Ending balance ¥ 1,529,036 ¥ 918,153 ​ $ 142,176

LOANS TO THIRD PARTIES (Tables)

LOANS TO THIRD PARTIES (Tables)	12 Months Ended
	Jun. 30, 2021
LOANS TO THIRD PARTIES
Schedule of loans to third parties	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ June 30, ​ June 30, ​ ​ 2020 ​ 2021 ​ 2021 ​ RMB RMB U.S. Dollars Working fund to third party companies ​ ¥ 3,200,377 ​ ¥ 50,476,782 ​ $ 7,816,340 Allowance for credit losses ​ — ​ — ​ — Total loans to third parties ​ ¥ 3,200,377 ​ ¥ 50,476,782 ​ $ 7,816,340

CONTRACT COSTS, NET (Tables)

CONTRACT COSTS, NET (Tables)	12 Months Ended
	Jun. 30, 2021
CONTRACT COSTS, NET
Summary of contract costs, net	Contract costs, net consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 Third Party ​ RMB ​ RMB ​ U.S. Dollars Contract costs ¥ 31,677,348 ​ ¥ 53,344,816 ​ $ 8,260,456 Allowance for credit losses (139,762) (4,548,910) ​ (704,400) Total contract costs, net ¥ 31,537,586 ​ ¥ 48,795,906 ​ $ 7,556,056
Summary of movement of allowance for credit costs	Movement of allowance for credit losses of contract costs is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 ​ ​ RMB ​ RMB ​ U.S. Dollars Beginning balance ¥ 162,213 ¥ 139,762 ​ $ 21,642 Charge to (reversal of) expense (22,451) 4,647,802 ​ 719,713 Less: write-off ​ ​ — ​ ​ (238,654) ​ ​ (36,955) Ending balance ¥ 139,762 ¥ 4,548,910 ​ $ 704,400

PROPERTY AND EQUIPMENT, NET (Ta

PROPERTY AND EQUIPMENT, NET (Tables)	12 Months Ended
	Jun. 30, 2021
PROPERTY AND EQUIPMENT, NET
Schedule of Property and equipment	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 ​ ​ RMB ​ RMB ​ U.S. Dollars Motor vehicles ¥ 4,741,366 ¥ 5,097,921 ​ $ 789,415 Office equipment and fixtures ​ 1,436,210 ​ 1,385,084 ​ 214,481 Production equipment ​ 30,181,761 ​ 30,559,275 ​ 4,732,109 Total property and equipment ​ 36,359,337 ​ 37,042,280 ​ 5,736,005 Less: accumulated depreciation ​ (6,602,458) ​ (9,135,200) ​ (1,414,588) Less: Impairment for property and equipment ​ — ​ (768,312) ​ ​ (118,973) Property and equipment, net ¥ 29,756,879 ¥ 27,138,768 ​ $ 4,202,444

BUSINESS ACQUISITION AND INVE_2

BUSINESS ACQUISITION AND INVESTMENT IN UNCONSOLIDATED ENTITY (Tables)	12 Months Ended
	Jun. 30, 2021
BUSINESS ACQUISITION AND INVESTMENT IN UNCONSOLIDATED ENTITY
Summary of fair values of the identifiable assets and liabilities	​ ​ ​ ​ ​ ​ ​ ​ ​ RMB U.S. Dollars Cash ¥ 471,843 ​ $ 73,065 Trade accounts receivable, net ​ 831,049 ​ 128,688 Other receivables, net ​ 144,285 ​ 22,343 Contract costs, net ​ 75,250 ​ 11,652 Prepaid expenses ​ 91,132 ​ 14,112 Property and equipment, net ​ 118,130 ​ 18,292 Intercompany receivables* ​ 6,850,000 ​ 1,060,724 Intangible assets- customer relationship ​ 7,000,000 ​ 1,083,951 Goodwill ​ 6,996,895 ​ 1,083,471 Trade accounts payable ​ (1,032,078) ​ (159,817) Other payables ​ (1,273,182) ​ (197,152) Other payable- related parties ​ (479,959) ​ (74,322) Deferred revenue ​ (39,786) ​ (6,161) Accrued payroll and employees’ welfare ​ (1,629,519) ​ (252,331) Taxes payable ​ (64,253) ​ (9,950) Deferred tax liability ​ (1,050,000) ​ (162,592) Total ​ ¥ 17,009,807 ​ $ 2,633,973 ​ ​ ​ ​ ​ Cash considerations ​ — ​ ​ — Deemed equity consideration to acquire 8% equity interest in FGS ​ ​ 1,689,807 ​ ​ 261,667 Fair value of previously held equity interest ​ 30,530,000 ​ 4,727,577 Non-controlling interest ​ 34,790,000 ​ 5,387,239 Capital contribution receivable due from non-controlling Interest ​ (50,000,000) ​ (7,742,510) Total ¥ 17,009,807 ​ $ 2,633,973 *Intercompany receivables from Nanjing Recon and BHD are eliminated upon consolidation.
Schedule of fair value of goodwill acquired and carrying value, customer relationship and its estimated useful lives	The identifiable goodwill acquired and the carrying value as of June 30, 2021 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ Preliminary Fair Value ​ RMB U.S. Dollars Goodwill ​ ¥ 6,996,895 ​ $ 1,083,471 Less: impairment ​ ​ — ​ — The carrying value of goodwill as of June 30,2021 ​ ​ 6,996,895 ​ 1,083,471 ​ The fair value of identified intangible assets, which is customer relationship, and its estimated useful lives is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Average ​ ​ ​ ​ ​ ​ ​ ​ Useful Life ​ ​ Preliminary Fair Value ​ (in Years) ​ RMB U.S. Dollars ​ Intangible assets - customer relationship ¥ 7,000,000 ​ $ 1,083,951 10 Less: accumulated amortization ​ ​ (350,000) ​ ​ (54,198) ​ ​ Total intangible assets, net as of June 30,2021 ​ ​ 6,650,000 ​ ​ 1,029,754 ​ ​
Schedule of unaudited pro forma balances	The following unaudited pro forma condensed financial information presents the combined results of operation for the fiscal year ended June 30, 2021 of the Company and FGS. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pro Forma Combined ​ ​ For the year ended June 30, 2021 ​ Recon FGS Combined Revenues ¥ 45,370,768 ​ ¥ 6,393,216 ¥ 51,763,984 Net loss ​ (19,433,300) ​ (2,362,502) ​ (21,795,802) Loss per common share - basis and diluted ¥ (1.53) ​ ¥ (0.19) ¥ (1.72) Weighted average shares - basic and diluted ​ 12,697,024 ​ 12,697,024 ​ 12,697,024 ​

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Jun. 30, 2021
LEASES
Summary of operating lease related assets and liabilities recorded on the balance sheets	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ June 30, ​ June 30, ​ ​ 2020 ​ 2021 ​ 2021 ​ ​ RMB ​ RMB ​ U.S. Dollars Rights of use lease assets ¥ 2,549,914 ¥ 7,925,930 $ 1,227,332 ​ ​ ​ ​ ​ ​ ​ ​ Operating lease liabilities – current 1,328,976 2,226,832 ​ 344,825 Operating lease liabilities – non-current 1,210,088 4,792,101 ​ 742,058 Total operating lease liabilities ¥ 2,539,064 ¥ 7,018,933 ​ $ 1,086,883
Summary of weighted average remaining lease terms and discount rates for all of operating leases	​ ​ ​ ​ ​ ​ ​ ​ June 30, 2020 June 30, 2021 Remaining lease term and discount rate: ​ ​ Weighted average remaining lease term (years) 2.57 ​ 2.59 ​ Weighted average discount rate 5 % 5 %
Summary of maturities of lease liabilities	​ ​ ​ ​ ​ ​ ​ ​ Twelve months ending June 30, RMB ​ U.S. Dollars 2022 ¥ 3,820,677 ​ $ 591,633 2023 3,002,494 ​ 464,937 2024 1,953,178 ​ 302,449 Total lease payments 8,776,349 ​ 1,359,019 Less: imputed interest (459,947) ​ (71,223) Less: prepayments (1,297,469) ​ (200,913) Present value of lease liabilities 7,018,933 ​ 1,086,883 Less: operating lease liabilities – current (2,226,832) ​ (344,825) Operating lease liabilities – non-current ¥ 4,792,101 ​ $ 742,058

OTHER PAYABLES (Tables)

OTHER PAYABLES (Tables)	12 Months Ended
	Jun. 30, 2021
OTHER PAYABLES
Schedule Of Other Payables Third Party	Other payables consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 Third Parties ​ RMB ​ RMB ​ U.S. Dollars Service ¥ 1,685,449 ¥ 7,940,481 ​ $ 1,229,586 Distributors and employees ​ 273,968 ​ 1,488,329 ​ 230,468 Accrued expenses ​ 402,699 ​ 206,051 ​ 31,907 Others ​ 247,370 ​ 227,901 ​ 35,290 Total ¥ 2,609,486 ¥ 9,862,762 ​ $ 1,527,251
Schedule Of Other Payables Related Party	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 Related Parties ​ RMB ​ RMB ​ U.S. Dollars Expenses paid by the major shareholders ¥ 3,752,353 ¥ 1,594,543 ​ $ 246,916 Due to family members of the owners of BHD and FGS ​ 485,000 ​ 545,159 ​ 84,418 Due to management staff for costs incurred on behalf of the Company ​ 260,965 ​ 260,965 ​ 40,410 Total ¥ 4,498,318 ¥ 2,400,667 ​ $ 371,744

TAXES PAYABLE (Tables)

TAXES PAYABLE (Tables)	12 Months Ended
	Jun. 30, 2021
TAXES PAYABLE
Schedule of taxes payable	Taxes payable consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 ​ ​ RMB ​ RMB ​ U.S. Dollars VAT payable ¥ 660,278 ¥ 643,896 ​ $ 99,707 Income tax payable ​ 440,030 ​ 440,030 ​ 68,139 Other taxes payable ​ 7,980 ​ 165,068 ​ 25,561 Total taxes payable ¥ 1,108,288 ¥ 1,248,994 ​ $ 193,407

SHORT-TERM BANK LOANS (Tables)

SHORT-TERM BANK LOANS (Tables)	12 Months Ended
	Jun. 30, 2021
SHORT-TERM BANK LOANS
Schedule of Short-term Bank Loans	Short-term bank loans consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ June 30, ​ June 30, ​ ​ 2020 ​ 2021 ​ 2021 ​ RMB RMB U.S. Dollars Bank of Nanjing (1) ​ ¥ 2,500,000 ​ ¥ 4,000,000 ​ $ 619,401 Beijing Rural Commercial Bank (2) ​ ​ 6,000,000 ​ ​ 10,000,000 ​ ​ 1,548,502 Industrial and Commercial Bank of China (3) ​ ​ 1,020,000 ​ ​ — ​ ​ — China Construction Bank (4) ​ ​ — ​ ​ 1,000,000 ​ ​ 154,850 Total short-term bank loans ​ ¥ 9,520,000 ​ ¥ 15,000,000 ​ $ 2,322,753 (1) On June 1, 2020, the Company entered into a loan agreement with Bank of Nanjing to borrow ¥ 2,500,000 ($387,126) as working capital for one year , with maturity date of May 21, 2021. The loan was repaid in full upon maturity. On June 23, 2020, the Company entered into another loan agreement with Bank of Nanjing to borrow ¥1,500,000 ($232,275) as working capital for one year. The Company made the withdraw in an amount of ¥1,500,000 ($232,275) on July 1, 2020, which will be due on July 1, 2021. The loan was repaid in full upon maturity. On June 21, 2021, the Company entered into another loan agreement with Bank of Nanjing to borrow ¥2,500,000 ($387,126) as working capital for one year, with maturity date of June 17, 2022. All these loans bear a fixed interest rate of 4.35% per annum and are guaranteed by one of the founders of the Company. (2) On April 23, 2020, the Company entered into a loan agreement with Beijing Rural Commercial Bank to borrow ¥ 6,000,000 ($929,101) as working capital for one year . The Company made the withdraw in an amount of ¥ 6,000,000 ($929,101) on April 30, 2020, which will be due on April 29, 2021. The loan bears a fixed interest rate of 5.655% per annum. The loan was guaranteed by one of the founders of the Company and he also pledged self-owned housing property with carrying value of approximately RMB 15.6 million ($2,416,592) as collateral for this loan. The loan was repaid in full upon maturity. On April 15, 2020, the Company entered into a loan agreement with Beijing Rural Commercial Bank to borrow ¥ 10,000,000 ($1,548,502) as working capital for one year . The Company made the first withdraw in an amount of ¥ 5,600,000 ($867,161) on April 23, 2021, which will be due on April 20, 2022. The Company made second withdraw in an amount of ¥ 4,400,000 ($681,341) on May 18, 2021, which will be due on May 11, 2022. The loan bears a fixed interest rate of 4.6% per annum. The loan is guaranteed by one of the founders of the Company and he also pledged self-owned housing property with carrying value of approximately RMB 17.6 million ($2,722,267) as collateral for this loan. (3) On May 22, 2020, the Company entered into a loan agreement with Industrial and Commercial Bank of China to borrow ¥ 1,020,000 ($157,947) as working capital for six months , with maturity date of November 18, 2020. The loan bears a fixed interest rate of 4.45% per annum. The loan was repaid in full upon maturity. On November 19, 2020, the Company entered into another loan agreement with Industrial and Commercial Bank of China to borrow ¥1,020,000 ($157,947) as working capital for six months, with maturity date of May 18, 2021. The loan bears a fixed interest rate of 3.85% per annum. The loan was repaid in full upon maturity. (4) On July 10, 2020, the Company entered into a loan agreement with China Construction Bank to borrow ¥ 1,000,000 ( $154,850 ) as working capital for one year , with maturity date of July 10, 2021. The loan bears a fixed interest rate of 4.0525% per annum. The loan was repaid in full upon maturity.

SHORT-TERM BORROWINGS (Tables)

SHORT-TERM BORROWINGS (Tables)	12 Months Ended
	Jun. 30, 2021
Short-term Debt [Line Items]
Schedule of short-term borrowings	Short-term borrowings due to third parties consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ June 30, ​ June 30, ​ ​ 2020 ​ 2021 ​ 2021 Short-term borrowings due to third parties: RMB RMB U.S. Dollars Short-term borrowing, 15% annual interest, due on September 23, 2021 ​ ¥ 200,000 ​ ¥ 230,000 ​ $ 35,616 Short-term borrowing, interest-free, due on May 12, 2022 ​ ​ — ​ ​ 200,000 ​ ​ 30,970 Short-term borrowing, interest-free, due on June 21, 2022 ​ ​ — ​ ​ 100,000 ​ ​ 15,485 Total short-term borrowings due to third parties ​ ¥ 200,000 ​ ¥ 530,000 ​ $ 82,071 ​
Related Party
Short-term Debt [Line Items]
Schedule of short-term borrowings	Short-term borrowings due to related parties consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 Short-term borrowings due to related parties: ​ RMB ​ RMB ​ U.S. Dollars Short-term borrowing from a Founder, 5.65% annual interest, due on December 19, 2020* ¥ 5,008,640 ¥ — ​ $ — Short-term borrowing from a Founder, 4.55% annual interest, due on March 25, 2021* ​ 4,002,106 ​ — ​ — Short-term borrowing from a Founder, interest-free, due on September 24, 2020* ​ ​ 450,000 ​ ​ — ​ ​ — Short-term borrowing from a Founder’s family member, interest-free, due on December 31, 2020* ​ ​ 770,000 ​ ​ — ​ ​ — Short-term borrowing from a Founder, 4.35% annual interest, due on December 21, 2021 ​ ​ — ​ ​ 5,006,042 ​ ​ 775,187 Short-term borrowing from a Founder, 4.35% annual interest, due on March 25, 2022 ​ ​ — ​ ​ 4,000,000 ​ ​ 619,401 Short-term borrowing from a Founder’s family member, 0% annual interest, due on December 31, 2021 ​ ​ — ​ ​ 670,000 ​ ​ 103,750 Short-term borrowing from a Founder’s family member, 0% annual interest, due on March 24, 2022 ​ ​ — ​ ​ 3,000,000 ​ ​ 464,550 Total short-term borrowings due to related parties ¥ 10,230,746 ¥ 12,676,042 ​ $ 1,962,888 ​

LONG-TERM BORROWINGS DUE TO R_2

LONG-TERM BORROWINGS DUE TO RELATED PARTY (Tables)	12 Months Ended
	Jun. 30, 2021
LONG-TERM BORROWINGS DUE TO RELATED PARTY
Schedule of Long-term borrowings due to related party	Long-term borrowings due to related party consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 Long-term borrowings due to related party: ​ RMB ​ RMB ​ U.S. 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. ¥ 8,226,599 ¥ 7,406,617 $ 1,146,916 Less: current portion ​ (847,346) ​ (920,066) ​ (142,472) Total long-term borrowings due to related party ¥ 7,379,253 ¥ 6,486,551 ​ $ 1,004,444 ​ No long-term borrowings due to related party were guaranteed or collateralized at June 30, 2020 and 2021.
Schedule of future maturities of long-term borrowings due to related party	The future maturities of long-term borrowings due to related party at June 30, 2021 are as follows: ​ ​ ​ ​ ​ ​ ​ ​ Twelve months ending June 30, RMB U.S. Dollars 2022 ¥ 920,066 ​ $ 142,472 2023 ​ 975,474 ​ 151,052 2024 ​ 1,065,921 ​ 165,058 2025 ​ 1,164,755 ​ 180,363 2026 ​ 1,272,753 ​ 197,086 Thereafter ​ 2,007,648 ​ 310,885 Total ¥ 7,406,617 ​ $ 1,146,916

CLASS A ORDINARY SHARES (Tables

CLASS A ORDINARY SHARES (Tables)	12 Months Ended
	Jun. 30, 2021
CLASS A ORDINARY SHARES
Schedule of Pre-Funded Warrants Activities	The following table summarizes the Company’s Pre-Funded Warrants activities and status of Pre-Funded Warrants at June 30, 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted Average ​ ​ ​ ​ Average Remaining ​ ​ Pre-Funded ​ Exercise Price Period Pre-Funded Warrants Warrants Per Share (Years) Outstanding as of June 30, 2019 — ​ $ — ​ — Issued — ​ — ​ — Forfeited — ​ — ​ — Exercised — ​ — ​ — Expired — ​ — ​ — Outstanding as of June 30, 2020 — ​ $ — ​ — Issued 2,800,000 ​ 0.01 ​ — Forfeited — ​ — ​ — Exercised (1,330,000) ​ 0.01 ​ — Expired — ​ — ​ — Outstanding as of June 30, 2021 1,470,000 ​ $ 0.01 ​ 5.38 ​

COMMON STOCK PURCHASE WARRANT_2

COMMON STOCK PURCHASE WARRANTS ISSUED TO INVESTORS (Tables)	12 Months Ended
	Jun. 30, 2021
COMMON STOCK PURCHASE WARRANTS ISSUED TO INVESTORS
Summary of company warrants activities and status of warrants	The following table summarizes the Company’s Warrants activities and status of Warrants at June 30, 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted Average ​ ​ ​ ​ Average ​ Remaining ​ ​ ​ ​ Exercise Price ​ Period Warrants Warrants Per Share (Years) Outstanding as of June 30, 2019 — ​ $ — Issued 2,591,112 ​ 1.25 Forfeited — ​ — Exercised — ​ — Expired — ​ — Outstanding as of June 30, 2020 2,591,112 ​ $ 1.25 5.5 Issued 8,814,102 ​ 6.24 Forfeited — ​ — Exercised (2,591,112) ​ 1.25 Expired — ​ — Outstanding as of June 30, 2021 8,814,102 ​ $ 6.24 5.38
Schedule of fair value measurement inputs under binomial and black-scholes model	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 14, 2021 ​ ​ June 30, ​ (Initial ​ ​ 2021 ​ measurement) Input ​ ​ ​ Stock price ​ $ 4.33 ​ $ 5.01 ​ Risk-free interest rate ​ 0.95 % 0.90 % Volatility ​ 111 % 111 % Exercise price ​ $ 6.24 ​ $ 6.24 ​ Warrant life ​ 5.5 years ​ 5.5 years ​
Schedule of liabilities measured at fair value on recurring basis	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices In Significant Other Significant Other ​ ​ June 30, ​ Active Markets ​ Observable Inputs ​ Unobservable Inputs Description ​ 2021 ​ (Level 1) ​ (Level 2) ​ (Level 3) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities: ​ ​ ​ ​ Warrant liability ​ $ 29,520,000 ​ $ — ​ $ — ​ $ 29,520,000

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	12 Months Ended
	Jun. 30, 2021
STOCK-BASED COMPENSATION
Schedule of stock options activity	The following is a summary of the stock options activity: ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ Average ​ ​ ​ ​ Exercise Price Stock Options ​ Shares ​ Per Share Outstanding as of June 30, 2019 163,120 ​ $ 15.20 Granted — ​ — Forfeited — ​ — Exercised — ​ — Expired ​ 53,600 ​ ​ 25.75 Outstanding as of June 30, 2020 109,520 ​ $ 10.02 Granted — ​ — Forfeited — ​ — Exercised — ​ — Expired ​ — ​ ​ — Outstanding as of June 30, 2021 109,520 ​ $ 10.02 ​
Schedule of options outstanding and exercisable	The following is a summary of the status of options outstanding and exercisable at June 30, 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Outstanding Options ​ Exercisable Options ​ ​ ​ Average ​ ​ ​ Average ​ ​ ​ ​ ​ Remaining ​ ​ ​ ​ ​ ​ Remaining Average Exercise ​ ​ Contractual ​ Average Exercise ​ ​ Contractual Price ​ Number life (Years) ​ Price ​ Number life (Years) $ 14.80 29,520 0.74 ​ $ 14.80 29,520 0.74 $ 8.25 80,000 3.59 ​ $ 8.25 80,000 3.59 ​ ​ 109,520 ​ ​
Schedule of restricted shares granted	Following is a summary of the restricted shares granted: ​ ​ ​ ​ Restricted stock grants Shares Non-vested as of June 30, 2019 821,644 Granted — Vested (500,844) Non-vested as of June 30, 2020 320,800 Granted — Vested (190,400) Non-vested as of June 30, 2021 130,400 ​
Schedule of Outstanding Restricted Shares	The following is a summary of the status of restricted stock at June 30, 2021: ​ ​ ​ ​ ​ ​ ​ Outstanding Restricted Shares ​ ​ Average ​ ​ ​ ​ Remaining Fair Value per ​ ​ Amortization Share ​ Number Period (Years) $ 6.45 130,400 0.14 ​ ​ 130,400

INCOME TAX (Tables)

INCOME TAX (Tables)	12 Months Ended
	Jun. 30, 2021
INCOME TAX
Schedule of loss before provision for income taxes	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ ​ 2019 ​ 2020 ​ 2021 ​ 2021 ​ RMB RMB RMB U.S. Dollars Outside China areas ¥ (28,447,953) ¥ (10,160,525) ¥ 4,011,449 ​ $ 621,174 China ​ 3,064,024 ​ (9,679,757) ​ (30,402,528) ​ (4,707,838) Total ¥ (25,383,929) ¥ (19,840,282) ¥ (26,391,079) ​ $ (4,086,664) ​
Schedule of deferred tax asset, net	Deferred tax asset, net is composed of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 ​ ​ RMB ​ RMB ​ U.S. Dollars Deferred tax assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses ¥ 1,180,160 ¥ 2,137,968 ​ $ 331,065 Impairment for inventory ​ ​ — ​ ​ 160,791 ​ ​ 24,899 Impairment loss from investment in unconsolidated entity ​ 605,660 ​ — ​ — Net operating loss carryforwards ​ 10,441,633 ​ 15,741,037 ​ 2,437,503 Subtotal ​ ¥ 12,227,453 ​ ¥ 18,039,796 ​ $ 2,793,467 Less: Valuation allowance ​ ​ (12,162,660) ​ ​ (17,427,464) ​ ​ (2,698,647) Total deferred tax assets ​ ¥ 64,793 ​ ¥ 612,332 ​ $ 94,820 Deferred tax Liability: ​ ​ 　 ​ ​ ​ 　 ​ ​ ​ 　 ​ Accelerated amortization of intangible assets ​ ¥ (64,793) ​ ¥ (92,032) ​ $ (14,251) Gain on the previously held equity method investment ​ ​ — ​ ​ (146,888) ​ ​ (22,746) Recognition of customer relationship arising from business combinations ​ ​ — ​ ​ (997,500) ​ ​ (154,463) Total deferred tax liability ¥ (64,793) ¥ (1,236,420) ​ ​ (191,460) Deferred tax liability, net ¥ — ¥ (624,088) ​ $ (96,640) ​
Schedule of reconciliation of income tax expense	Following is a reconciliation of income tax expense (benefit) at the effective rate to income tax at the calculated statutory rates: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ 2019 2020 2021 2021 ​ ​ RMB ​ RMB ​ RMB ​ U.S. Dollars Income tax benefits calculated at PRC statutory rates ¥ (6,318,111) ¥ (4,960,454) ¥ (6,597,770) ​ $ (1,021,666) Nondeductible expenses and others ​ (56,127) ​ 232,213 ​ 338,058 ​ 52,348 Effect of tax rate differential ​ 6,378,169 ​ 2,008,824 ​ 626,245 ​ 96,974 Benefit of revenue exempted from enterprise income tax ​ (279,352) ​ (266,548) ​ (57,250) ​ (8,865) Change in valuation allowances ​ 673,898 ​ 3,268,287 ​ 5,264,804 ​ 815,256 Tax refund ​ — ​ — ​ (98,338) ​ (15,227) Provision (benefit) for income tax ¥ 398,477 ¥ 282,322 ¥ (524,251) ​ $ (81,180) ​
Schedule of company's income tax expense	The Company’s income tax expense (benefit) is comprised of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ 2019 2020 2021 2021 ​ RMB RMB RMB U.S. Dollars Current income tax provision (benefit) ¥ 398,477 ¥ 282,322 ¥ (98,338) ​ $ (15,228) Deferred income tax benefit ​ — ​ — ​ (425,913) ​ (65,952) Expense (benefit) for income tax ¥ 398,477 ¥ 282,322 ¥ (524,251) ​ $ (81,180)

NON-CONTROLLING INTEREST (Table

NON-CONTROLLING INTEREST (Tables)	12 Months Ended
	Jun. 30, 2021
NON-CONTROLLING INTEREST
Schedule of non-controlling interest	Non-controlling interest consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of June 30, 2020 ​ ​ Nanjing Gan Su Qinghai ​ ​ ​ ​ ​ ​ BHD ​ Recon ​ BHD ​ BHD Total ​ Total ​ ​ RMB ​ RMB ​ RMB ​ RMB RMB ​ U.S. Dollars Paid-in capital ¥ 1,651,000 ¥ 200,000 ¥ 4,755,000 ​ ¥ — ​ ¥ 6,606,000 ​ $ 934,406 Unappropriated retained earnings ​ 3,477,493 ​ 3,616,002 ​ (2,100,871) ​ ​ (953,395) ​ ​ 4,039,229 ​ 571,342 Accumulated other comprehensive loss ​ (18,850) ​ (11,853) ​ — ​ ​ — ​ ​ (30,703) ​ (4,343) Total non-controlling interests ¥ 5,109,643 ¥ 3,804,149 ¥ 2,654,129 ​ ¥ (953,395) ​ ¥ 10,614,526 ​ $ 1,501,405 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of June 30, 2021 ​ ​ ​ ​ ​ Nanjing Gan Su Qinghai ​ ​ ​ ​ ​ ​ ​ ​ BHD ​ Recon ​ BHD ​ BHD ​ FGS ​ Total ​ Total ​ ​ RMB ​ RMB ​ RMB ​ RMB ​ RMB ​ RMB ​ U.S. Dollars Paid-in capital ¥ 1,651,000 ¥ 200,000 ¥ 4,805,000 ​ ¥ — ​ ¥ — ​ ¥ 6,656,000 ​ $ 1,030,683 Capital contribution receivable due from non-controlling Interest ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ (50,000,000) ​ ​ (50,000,000) ​ ​ (7,742,510) Unappropriated retained earnings ​ 3,477,493 ​ 3,616,002 ​ (4,106,883) ​ ​ (1,442,443) ​ ​ (539,034) ​ 1,005,135 ​ 155,645 Accumulated other comprehensive loss ​ (18,850) ​ (11,853) ​ — ​ ​ — ​ ​ — ​ (30,703) ​ (4,754) Noncontrolling interest recognized upon business acquisiton ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 34,790,000 ​ ​ 34,790,000 ​ ​ 5,387,238 Total non-controlling interests ¥ 5,109,643 ¥ 3,804,149 ¥ 698,117 ​ ¥ (1,442,443) ​ ​ (15,749,034) ​ ¥ (7,579,568) ​ $ (1,173,698)

COMMITMENTS AND CONTINGENCY (Ta

COMMITMENTS AND CONTINGENCY (Tables)	12 Months Ended
	Jun. 30, 2021
COMMITMENTS AND CONTINGENCY
Schedule of total future minimum purchase commitment	The total future minimum purchase commitment under the non-cancellable purchase contracts as of June 30, 2021 are payable as follows: ​ ​ ​ ​ ​ ​ ​ ​ Twelve months ending June 30, ​ Minimum purchase commitment 2022 ¥ 8,099,019 $ 1,254,135 2023 ​ ​ 300,000 ​ ​ 46,455 2024 ​ ​ 300,000 ​ ​ 46,455 2025 ​ ​ 300,000 ​ ​ 46,455 2026 ​ ​ 150,000 ​ ​ 23,228 Thereafter ​ — ​ — Total minimum payments required ¥ 9,149,019 ​ $ 1,416,728
Schedule of Non - cancellable operating lease agreements	The Company entered into several non-cancellable operating lease agreements for office spaces and factories. Future payments under such leases were included in lease liabilities as disclosed in Note 11, other than those within under lease agreements within one year which are disclosed as follows as of June 30, 2021: ​ ​ ​ ​ ​ ​ ​ ​ Twelve months ending June 30, RMB U.S. Dollars 2022 ¥ 511,508 ​ $ 79,207 Total ¥ 511,508 ​ $ 79,207

RELATED PARTY TRANSACTIONS AN_2

RELATED PARTY TRANSACTIONS AND BALANCES (Tables)	12 Months Ended
	Jun. 30, 2021
RELATED PARTY TRANSACTIONS AND BALANCES
Schedule of Sales to related party	Sales to related party – ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ ​ 2019 ​ 2020 ​ 2021 ​ 2021 ​ RMB RMB RMB U.S. Dollars Urumqi Yikeli Automatic Control Equipment Co., Ltd. ​ ¥ 3,726,894 ​ ¥ — ​ ¥ 85,657 ​ $ 13,264 Total revenues from related party ​ ¥ 3,726,894 ​ ¥ — ​ ¥ 85,657 ​ $ 13,264
Schedule of Prepaid expenses related parties prepaid expenses	Prepaid expenses - related parties ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2020 June 30, 2021 June 30, 2019 ​ ​ RMB ​ RMB ​ U.S. Dollars Founders ¥ — ¥ 363,000 ​ $ 56,210 Founders’ family member ​ — ​ 70,000 ​ 10,840 Total prepaid expenses - related parties ¥ — ¥ 433,000 ​ $ 67,050
Schedule of leases from related parties	​ The details of leases from related parties are as below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Monthly Rent Monthly Rent Lessee Lessor Rent Period RMB USD Nanjing Recon One of the Founders April 1, 2020 - March 31, 2022 ¥ 40,000 ​ $ 6,194 BHD One of the Founders Jan 1, 2021- Dec 31, 2021 ​ 22,500 ​ 3,484 BHD One of the Founders Mar 1, 2021 - Dec 31, 2021 ​ 31,667 ​ 4,904 BHD Founders’ family member May 1, 2021 - Dec 31, 2021 ​ 12,500 ​ 1,936 ​

VARIABLE INTEREST ENTITIES (Tab

VARIABLE INTEREST ENTITIES (Tables)	12 Months Ended
	Jun. 30, 2021
VARIABLE INTEREST ENTITIES
Schedule of information regarding consolidated VIEs	Summary information regarding consolidated VIEs is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2020 ​ June 30, 2021 ​ June 30, 2021 ​ RMB RMB U.S. Dollars ASSETS ​ ​ ​ ​ Current Assets ​ ​ ​ ​ Cash ¥ 6,388,098 ¥ 4,293,380 ​ $ 664,831 Notes receivable ​ 4,180,885 ​ 6,305,633 ​ 976,429 Trade accounts receivable, net ​ 44,031,079 ​ 24,762,732 ​ 3,834,514 Trade accounts receivable- related party, net ​ 3,068,920 ​ — ​ — Inventories, net ​ ​ 1,985,723 ​ ​ 3,644,522 ​ ​ 564,355 Other receivables, net ​ ​ 6,342,009 ​ ​ 5,988,641 ​ ​ 927,342 Loans to third parties ​ ​ 3,200,377 ​ ​ 1,350,000 ​ ​ 209,048 Purchase advances, net ​ ​ 75,195 ​ ​ 1,078,137 ​ ​ 166,950 Contract costs, net ​ ​ 31,537,586 ​ ​ 48,795,906 ​ ​ 7,556,056 Prepaid expenses ​ ​ 42,294 ​ ​ — ​ ​ — Prepaid expenses- related parties ​ — ​ 433,000 ​ 67,050 Total current assets ​ 100,852,166 ​ 96,651,951 ​ ​ 14,966,575 ​ ​ ​ ​ ​ ​ 　 ​ ​ ​ 　 ​ Property and equipment, net ​ ​ 29,756,879 ​ ​ 27,138,768 ​ ​ 4,202,444 Land use right, net ​ ​ 1,280,648 ​ ​ 1,253,408 ​ ​ 194,090 Customer relationship ​ ​ — ​ ​ 6,650,000 ​ ​ 1,029,754 Investment in unconsolidated entity ​ ​ 4,000,000 ​ ​ — ​ ​ — Long-term other receivables, net ​ ​ 3,640 ​ ​ 114,679 ​ ​ 17,758 Goodwill ​ ​ — ​ ​ 6,996,895 ​ ​ 1,083,471 Right of use assets ​ 2,549,914 ​ 7,925,930 ​ 1,227,332 Total Assets ¥ 138,443,247 ¥ 146,731,631 ​ $ 22,721,424 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ LIABILITIES ​ ​ ​ ​ ​ ​ Short-term bank loan ¥ 9,520,000 ¥ 15,000,000 ​ $ 2,322,753 Trade accounts payable ​ ​ 18,903,080 ​ ​ 18,182,770 ​ ​ 2,815,606 Other payables ​ ​ 1,115,209 ​ ​ 2,096,830 ​ ​ 324,695 Other payable- related parties ​ ​ 3,113,460 ​ ​ 1,253,797 ​ ​ 194,151 Advance from customers ​ ​ 3,486,033 ​ ​ 7,686,276 ​ ​ 1,190,221 Accrued payroll and employees’ welfare ​ ​ 850,841 ​ ​ 1,565,898 ​ ​ 242,480 Intercompany payables* ​ ​ 88,134,791 ​ ​ 95,284,791 ​ ​ 14,754,869 Taxes payable ​ ​ 1,108,265 ​ ​ 1,249,052 ​ ​ 193,416 Short-term borrowings ​ ​ 200,000 ​ ​ 530,000 ​ ​ 82,071 Short-term borrowings - related parties ​ ​ 10,230,746 ​ ​ 12,676,042 ​ ​ 1,962,888 Long-term borrowings - related party - current portion ​ 847,346 ​ 920,066 ​ 142,472 Operating lease liabilities - current ​ 1,328,976 ​ 2,226,832 ​ 344,825 Total current liabilities ​ 138,838,747 ​ 158,672,354 ​ 24,570,447 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating lease liabilities - non-current ​ ​ 1,210,088 ​ ​ 4,792,101 ​ ​ 742,058 Long-term borrowings - related party ​ 7,379,253 ​ 6,486,551 ​ 1,004,444 Deferred tax liability ​ ​ — ​ ​ 624,088 ​ ​ 96,640 Total Liabilities ¥ 147,428,088 ¥ 170,575,094 ​ $ 26,413,589 *Intercompany payables are eliminated upon consolidation. ​

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	12 Months Ended
	Jun. 30, 2021
SEGMENT REPORTING
Schedule of segment reporting information	The following tables present summary information by segment for the years ended June 30, 2019, 2020 and 2021, respectively: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended June 30, ​ ​ 2019 ​ 2020 ​ 2021 ​ 2021 ​ RMB RMB RMB U.S. Dollars Automation product and software ¥ 63,577,177 ¥ 51,413,830 ¥ 18,535,166 ​ $ 2,870,175 Equipment and accessories ​ 23,951,132 ​ 14,222,623 ​ 15,791,623 ​ 2,445,336 Oilfield environmental protection ​ 14,856,018 ​ 124,198 ​ 11,043,979 ​ 1,710,162 Platform outsourcing services ​ ​ — ​ ​ — ​ ​ 2,567,807 ​ ​ 397,625 Total revenue ¥ 102,384,327 ¥ 65,760,651 ¥ 47,938,575 ​ $ 7,423,298 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended June 30, 2021 ​ Automation Equipment Oilfield Platform ​ ​ ​ ​ product and ​ and ​ environmental ​ outsourcing ​ ​ ​ ​ ​ software ​ accessories ​ protection ​ services ​ Total ​ ​ RMB ​ RMB ​ RMB ​ RMB ​ RMB Revenue ¥ 18,535,166 ¥ 15,791,623 ¥ 11,043,979 ¥ 2,567,807 ¥ 47,938,575 Cost of revenue and related tax ​ 19,942,541 ​ 11,264,971 ​ 8,045,567 ​ 1,470,468 ​ 40,723,547 Gross profit ¥ (1,407,375) ¥ 4,526,652 ¥ 2,998,412 ¥ 1,097,339 ¥ 7,215,028 Depreciation and amortization ¥ 277,496 ¥ 851,612 ¥ 2,000,952 ¥ 20,729 ¥ 3,150,789 Total capital expenditures ¥ 26,761 ¥ 136,224 ¥ 315,944 ¥ 43,487 ¥ 522,416 Timing of revenue recognition ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Goods transferred at a point in time ​ ¥ 18,535,166 ¥ 15,791,623 ¥ 9,654,418 ¥ 2,567,807 ¥ 46,549,014 Services rendered over time ​ ​ — ​ ​ — ​ ​ 1,389,561 ​ ​ — ​ ​ 1,389,561 Total revenue ¥ 18,535,166 ¥ 15,791,623 ¥ 11,043,979 ¥ 2,567,807 ¥ 47,938,575 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended June 30, 2020 ​ Automation Equipment Oilfield Platform ​ ​ ​ ​ product and ​ and ​ environmental ​ outsourcing ​ ​ ​ ​ ​ software ​ accessories ​ protection ​ services ​ Total ​ ​ RMB ​ RMB ​ RMB ​ RMB ​ RMB Revenue ¥ 51,413,830 ¥ 14,222,623 ¥ 124,198 ¥ — ¥ 65,760,651 Cost of revenue and related tax ​ 38,257,914 ​ 7,683,662 ​ 212,679 ​ — ​ 46,154,255 Gross profit ¥ 13,155,916 ¥ 6,538,961 ¥ (88,481) ¥ — ¥ 19,606,396 Depreciation and amortization ¥ 98,756 ¥ 683,522 ¥ 827,422 ¥ — ¥ 1,609,700 Total capital expenditures ¥ 85,975 ¥ — ¥ 3,782,911 ¥ — ¥ 3,868,886 Timing of revenue recognition ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Goods transferred at a point in time ​ ¥ 10,871,301 ​ ¥ 14,222,623 ​ ¥ — ​ ¥ — ​ ¥ 25,093,924 Services rendered over time ​ ​ 40,542,529 ​ ​ — ​ ​ 124,198 ​ ​ — ​ ​ 40,666,727 Total revenue ¥ 51,413,830 ¥ 14,222,623 ¥ 124,198 ¥ — ¥ 65,760,651 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended June 30, 2019 ​ Automation Equipment Oilfield Platform ​ ​ ​ ​ product and ​ and ​ environmental ​ outsourcing ​ ​ ​ ​ ​ software ​ accessories ​ protection ​ services ​ Total ​ ​ RMB ​ RMB ​ RMB ​ RMB ​ RMB Revenue ¥ 63,577,177 ¥ 23,951,132 ¥ 14,856,018 ¥ — ¥ 102,384,327 Cost of revenue and related tax ​ 49,356,155 ​ 15,039,628 ​ 8,123,180 ​ — ​ 72,518,963 Gross profit ¥ 14,221,022 ¥ 8,911,504 ¥ 6,732,838 ¥ — ¥ 29,865,364 Depreciation and amortization ¥ 78,760 ¥ 1,018,012 ¥ 27,239 ¥ — ¥ 1,124,011 Total capital expenditures ¥ 162,060 ¥ 1,573,896 ¥ 4,606,823 ¥ — ¥ 6,342,779 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Timing of revenue recognition ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Goods transferred at a point in time ​ ¥ 63,577,177 ​ ¥ 23,951,132 ​ ¥ 14,856,018 ​ ¥ — ​ ¥ 102,384,327 Services rendered over time ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total revenue ¥ 63,577,177 ¥ 23,951,132 ¥ 14,856,018 ¥ — ¥ 102,384,327 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2020 ​ 2021 ​ 2021 ​ ​ RMB ​ RMB ​ U.S. Dollars Total assets: ​ ​ ​ Automation product and software ¥ 81,743,307 ¥ 156,435,379 ​ $ 24,224,051 Equipment and accessories ​ 61,578,632 ​ 160,299,200 ​ 24,822,364 Oilfield environmental protection ​ 51,092,865 ​ 139,326,144 ​ 21,574,682 Platform outsourcing services ​ ​ — ​ ​ 110,455,937 ​ ​ 17,104,123 Total Assets ¥ 194,414,804 ¥ 566,516,660 ​ $ 87,725,220

CONDENSED FINANCIAL INFORMATI_2

CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY (Tables)	12 Months Ended
	Jun. 30, 2021
CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY
Schedule of parent company balance sheets (unaudited)	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of June 30 As of June 30 As of June 30 ​ ​ 2020 ​ 2021 ​ 2021 ​ ​ RMB ​ RMB ​ U.S. Dollars ASSETS ​ ​ ​ Non-current assets ​ ​ ​ Investment in subsidiaries and VIEs ¥ 110,029,762 ​ ¥ 295,095,034 ​ $ 45,695,526 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total assets ¥ 110,029,762 ​ ¥ 295,095,034 ​ $ 45,695,526 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ LIABILITIES AND SHAREHOLDERS’ EQUITY ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ LIABILITIES ¥ — ​ ¥ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ COMMITMENTS AND CONTINGENCIES ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ STOCKHOLDERS’ EQUITY ​ ​ ​ Class A common stock, $0.0925 U.S. dollar par value, 150,000,000 shares authorized; 7,202,832 shares and 26,868,391 shares issued outstanding * ​ 4,577,233 ​ 16,340,826 ​ 2,530,380 Class B common stock, $0.0925 U.S. dollar par value, 20,000,000 shares authorized; no shares issued and outstanding as of June 30, 2020 and June 30, 2021, respectively * ​ — ​ — ​ — Additional paid-in capital ​ 282,505,455 ​ 479,490,763 ​ 74,249,242 Accumulated deficit ​ (179,878,657) ​ (202,711,391) ​ (31,389,900) Accumulated other comprehensive income ​ 2,825,731 ​ 1,974,836 ​ 305,804 Total stockholders’ equity ​ 110,029,762 ​ 295,095,034 ​ 45,695,526 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total liabilities and stockholders’ equity ¥ 110,029,762 ​ ¥ 295,095,034 ​ $ 45,695,526 * Retrospectively restated for effect of stock split on December 27, 2019 and change into dual class structure on April 5, 2021.
Schedule of parent company statements of operations and comprehensive loss (unaudited)	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ 2019 2020 2021 2021 ​ ​ RMB ​ RMB ​ RMB ​ U.S. Dollars ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ EQUITY IN LOSS OF SUBSIDIARIES AND VIES ​ ¥ (25,355,905) ​ ¥ (19,246,701) ¥ (22,832,734) ​ $ (3,535,654) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ NET LOSS ​ (25,355,905) ​ (19,246,701) ​ (22,832,734) ​ (3,535,654) FOREIGN CURRENCY TRANSLATION ADJUSTMENTS ​ 1,393,843 ​ (84,205) ​ (850,895) ​ (131,761) COMPREHENSIVE LOSS ​ ¥ (23,962,062) ​ ¥ (19,330,906) ¥ (23,683,629) ​ $ (3,667,415)
Schedule of parent company statements of cash flows (unaudited)	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ 2019 2020 2021 2021 ​ ​ RMB ​ RMB ​ RMB ​ U.S. Dollars ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ CASH FLOWS FROM OPERATING ACTIVITIES: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net loss ​ ¥ (25,355,905) ​ ¥ (19,246,701) ¥ (22,832,734) ​ $ (3,535,654) Adjustments to reconcile net cash flows from operating activities: ​ ​ ​ ​ Equity in earnings of subsidiaries and VIEs ​ 25,355,905 ​ 19,246,701 ​ 22,832,734 ​ 3,535,654 Net cash used in operating activities ​ — ​ — ​ — ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ CHANGES IN CASH ​ — ​ — ​ — ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ CASH, beginning of year ​ — ​ — ​ — ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ CASH, end of year ​ ¥ — ​ ¥ — ¥ — ​ $ —

ORGANIZATION AND NATURE OF OP_2

ORGANIZATION AND NATURE OF OPERATIONS (Details)	Apr. 26, 2021	Mar. 09, 2021	Oct. 23, 2018	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)
Variable Interest Entity, Terms of Arrangements				the Company is able to absorb 90% of net interest or 100% of net loss of those VIEs.
Beijing Bhd Petroleum Technology Co Ltd [Member]
Ownership interest held by parent				51.00%	51.00%
Nanjing Recon Technology Co Ltd [Member]
Ownership interest held by noncontrolling owner				19.00%	19.00%
Beijing Bhd Petroleum Technology Co Ltd [Member]
Paid In Capital | $					$ 200,000
Remaining Paid In Capital				¥ 33,300,000	5,156,512
Gan Su BHD Environmental Technology Co., Ltd [Member]
Capital				50,000,000
Paid In Capital				22,935,000	3,551,489
Gan Su BHD Environmental Technology Co., Ltd [Member] | Nanjing Recon Technology Co Ltd [Member]
Percentage of equity interest transferred		3.60%
Qing Hai BHD New Energy Technology Co Ltd [Member]
Capital				¥ 50,000,000
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage			55.00%	75.00%
Paid In Capital				¥ 4,200,000	650,371
Equity Method Investment, Ownership Percentage			10.00%
Individuals [Member]
Remaining Paid In Capital				¥ 12,500,000	$ 1,935,628
Beijing Bhd Petroleum Technology Co Ltd [Member] | Nanjing Recon Technology Co Ltd [Member]
Percentage of equity interest transferred		15.40%
Beijing Bhd Petroleum Technology Co Ltd [Member] | Gan Su BHD Environmental Technology Co., Ltd [Member]
Percentage of equity interest transferred	15.40%

ORGANIZATION AND NATURE OF OP_3

ORGANIZATION AND NATURE OF OPERATIONS - Energy consumption market opened to private and foreign companies (Details) - Future Gas Station (Beijing) Technology, Ltd	Jan. 13, 2021CNY (¥)	Jan. 13, 2021USD ($)	Aug. 21, 2018CNY (¥)shares	Jun. 30, 2019CNY (¥)shares	Jun. 30, 2019USD ($)shares	Feb. 04, 2021	Dec. 15, 2017
Aggregate amount invested	¥ 30,530,000	$ 4,727,577
Domestic Companies
Equity interest acquired							8.00%
Ownership interest held						51.00%
Domestic Companies | Investment Agreement
Equity interest acquired			43.00%	43.00%	43.00%
Investment in FGS agreed | ¥			¥ 10,000,000
Number of shares issued | shares			487,057	487,057	487,057
Aggregate amount invested				¥ 35,116,707	$ 5,113,984
Domestic Companies | Fourth supplemental agreement
Equity interest acquired			8.00%			8.00%

LIQUIDITY (Details)

LIQUIDITY (Details)	Jun. 14, 2021USD ($)$ / sharesshares	Jan. 28, 2021USD ($)shares	Jun. 26, 2020USD ($)$ / sharesshares	May 21, 2020USD ($)$ / sharesshares	Jun. 30, 2021CNY (¥)shares	Jun. 30, 2021USD ($)$ / sharesshares	Apr. 05, 2021$ / shares	Nov. 25, 2020USD ($)$ / shares	Jun. 30, 2020CNY (¥)shares	Jun. 30, 2020$ / shares
Number of warrants to purchase ordinary shares				911,112					1,680,000
Gross proceeds of before deducting the placement agent's fees and other estimated offering expenses | $			$ 2,100,000	$ 2,100,000
Short-term borrowings due to related parties					¥ 12,676,042	$ 1,962,888			¥ 10,230,746
Bank loan outstanding					15,000,000	2,322,753			¥ 9,520,000
Registered direct offering
Gross proceeds of before deducting the placement agent's fees and other estimated offering expenses | $	$ 55,000,000
Related Party
Short-term borrowings due to related parties					12,700,000	2,000,000
Long-term borrowings from related parties					¥ 7,400,000	$ 1,100,000
Class A ordinary shares
Number of warrants to purchase ordinary shares	6,014,102		1,680,000	911,112	8,814,102	8,814,102
Issuance of ordinary shares, net of issuance costs (in shares)	6,014,102
Par value (in dollars per share) | $ / shares	$ 0.0925		$ 0.0925	$ 0.0925		$ 0.0925	$ 0.0925			$ 0.0925
Class A ordinary shares | Convertible Notes
Aggregate principal amount | $								$ 6,485,000
Par value (in dollars per share) | $ / shares								$ 0.0925
Conversion rate of note | $ / shares								$ 0.71
Number of shares issued upon conversion		9,225,338
Principal and interests amount converted | $		$ 6,549,990
Class A ordinary shares | Concurrent private placement
Issuance of ordinary shares, net of issuance costs (in shares)	8,814,102
Pre-funded warrants
Number of warrants to purchase ordinary shares	8,814,102
Issuance of ordinary shares, net of issuance costs (in shares)	2,800,000
Gross proceeds of before deducting the placement agent's fees and other estimated offering expenses | $	$ 55,000,000

SIGNIFICANT ACCOUNTING POLICI_4

SIGNIFICANT ACCOUNTING POLICIES - Additional Information (Details)	12 Months Ended
	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)	Jun. 30, 2019CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Aug. 21, 2018
Accounting Policies [Line Items]
Foreign Currency Transactions, Description	The translation has been made at the rate of ¥6.4579 = US$1.00, the approximate exchange rate prevailing on June 30, 2021.	The translation has been made at the rate of ¥6.4579 = US$1.00, the approximate exchange rate prevailing on June 30, 2021.
Selling and Marketing Expense	¥ 8,038,965	$ 1,244,835	¥ 4,417,413	¥ 9,076,266
Allowance for Credit Losses			3,543,445			$ 548,703
Impairment of property and equipment	768,312	118,973	0	0
Impairment loss	0		0	0
Investment loss	266,707	41,300		959,905
Investment income			462,879
Revenue recognized	1,899,561	$ 294,147	0	122,996
Contract assets and contract liabilities from contracts with customers
Contract costs	48,795,906		31,537,586		$ 7,556,056
Contract liabilities	¥ 7,686,276		3,486,033		$ 1,190,221
Use Rights [Member]
Accounting Policies [Line Items]
Finite-Lived Intangible Asset, Useful Life	50 years	50 years
Shipping and Handling [Member]
Accounting Policies [Line Items]
Selling and Marketing Expense	¥ 444,824	$ 68,881	¥ 257,573	¥ 749,719
Minimum
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	2 years	2 years
Equity Method Investment, Ownership Percentage							8.00%
Maximum
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	10 years	10 years
Equity Method Investment, Ownership Percentage							43.00%
Motor vehicles [Member] | Minimum
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	5 years	5 years
Motor vehicles [Member] | Maximum
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	10 years	10 years
Office Equipment [Member] | Minimum
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	2 years	2 years
Office Equipment [Member] | Maximum
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	5 years	5 years
Leasehold Improvements [Member]
Accounting Policies [Line Items]
Property, Plant and Equipment, Estimated Useful Lives	shorter of the lease term or the estimated useful life	shorter of the lease term or the estimated useful life
Production equipment [Member] | Minimum
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	10 years	10 years
Production equipment [Member] | Maximum
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	20 years	20 years

TRADE ACCOUNTS RECEIVABLE, NE_2

TRADE ACCOUNTS RECEIVABLE, NET - Summary of Accounts receivable (Details)	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)
Third Party
Total third-parties, net	¥ 26,686,888	$ 4,132,470	¥ 48,244,015
Related Party
Total related-party, net	0	0	3,068,920
Third Party [Member]
Third Party
Trade accounts receivable	31,669,331	4,904,001	51,679,627
Allowance for credit loss	(4,982,443)	(771,531)	(3,435,612)
Total third-parties, net	26,686,888	4,132,470	48,244,015
Third Party - long-term
Trade accounts receivable	4,332,984	670,963	2,072,900
Total - long-term trade accounts receivable, net	0	0	0
Related Party
Allowance for credit losses	(4,332,984)	(670,963)	(2,072,900)
Urumqi Yikeli Automatic Control Equipment Co., Ltd [Member]
Related Party
Allowance for credit losses	0	0	(340,992)
Total related-party, net	¥ 0	$ 0	¥ 3,409,912

TRADE ACCOUNTS RECEIVABLE, NE_3

TRADE ACCOUNTS RECEIVABLE, NET - Summary of Movement of allowance for doubtful accounts (Details)	12 Months Ended
	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)	Jun. 30, 2019CNY (¥)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Charge to expense	¥ 3,730,606	$ 577,685	¥ 2,204,170	¥ 392,929
Third Party [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance	5,849,504	905,796	3,645,334
Charge to expense	3,730,606	577,684	2,204,170
Less: write-off	(254,853)	(39,464)
Foreign currency translation adjustments	(9,830)	(1,522)
Ending balance	¥ 9,315,427	$ 1,442,494	¥ 5,849,504	¥ 3,645,334

TRADE ACCOUNTS RECEIVABLE, NE_4

TRADE ACCOUNTS RECEIVABLE, NET - Additional Information (Details)	12 Months Ended
	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)	Jun. 30, 2020USD ($)	Jun. 30, 2019CNY (¥)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Provision for Doubtful Accounts	¥ 8,191,247	$ 1,268,416	¥ 2,203,531		¥ 610,776
Provision for doubtful accounts of accounts receivable due from third parties	3,730,606	577,685	¥ 2,204,170		392,929
Percentage of not-collection from our customers			44.8	44.8
Amount of not-collection from our customers			¥ 16,111,105	$ 2,494,808
Third Party [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Provision for doubtful accounts of accounts receivable due from third parties	3,730,606	577,684	2,204,170
Urumqi Yikeli Automatic Control Equipment Co., Ltd [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Provision for Doubtful Accounts			¥ 340,992		¥ 0
Net recovery of provision for credit losses made for accounts receivable due from related-party	¥ 340,992	$ 52,803

NOTES RECEIVABLE (Details)

NOTES RECEIVABLE (Details)	Oct. 21, 2021CNY (¥)	Oct. 21, 2021USD ($)	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes receivable			¥ 6,305,633	$ 976,429	¥ 4,180,885
Subsequent event
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes receivable	¥ 1,574,200	$ 243,765
Percentage of notes subsequently collected	25	25

OTHER RECEIVABLES, NET - Summar

OTHER RECEIVABLES, NET - Summary of Other receivables, net (Details)	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)	Jun. 30, 2020USD ($)	Jun. 30, 2019CNY (¥)
Current Portion
Other receivable - current portion	¥ 6,939,676	$ 1,074,610	¥ 6,350,802
Third Party [Member]
Current Portion
Business advances to officers and staffs (A)	957,277	148,235	1,141,829
Deposits for projects	1,982,987	307,066	1,381,081
VAT recoverable	3,562,295	551,622	3,746,435
Others	1,469,949	227,621	1,614,133
Other Receivables	7,972,508	1,234,544	7,883,478
Less: Long term portion (B)	(114,679)	(17,758)	(3,640)
Allowance for credit losses	(918,153)	(142,176)	(1,529,036)	$ (236,772)	¥ (1,461,724)
Other receivable - current portion	¥ 6,939,676	$ 1,074,610	¥ 6,350,802

OTHER RECEIVABLES, NET - Summ_2

OTHER RECEIVABLES, NET - Summary of Movement of allowance for credit losses (Details)	12 Months Ended
	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)	Jun. 30, 2019CNY (¥)
Other Receivables [Line Items]
Charge to (reversal of) expense			¥ 67,312	¥ 259,766
Third Party [Member]
Other Receivables [Line Items]
Beginning balance	¥ 1,529,036	$ 236,772	1,461,724
Balance acquired from FGS	151,689	23,488
Charge to (reversal of) expense	(187,161)	(28,981)	67,312
Less: write-off	(575,411)	(89,103)
Ending balance	¥ 918,153	$ 142,176	¥ 1,529,036	¥ 1,461,724

OTHER RECEIVABLES, NET - Additi

OTHER RECEIVABLES, NET - Additional Information (Details)	12 Months Ended
	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)	Jun. 30, 2019CNY (¥)
OTHER RECEIVABLES, NET
Provision for credit losses of other receivables			¥ 67,312	¥ 259,766
Net recovery of provision made for doubtful accounts of other receivables	¥ 187,161	$ 28,981

LOANS TO THIRD PARTIES (Details

LOANS TO THIRD PARTIES (Details)	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)
LOANS TO THIRD PARTIES
Working fund to third party companies	¥ 50,476,782	$ 7,816,340	¥ 3,200,377
Allowance for credit losses	0	0	0
Total loans to third parties	¥ 50,476,782	$ 7,816,340	¥ 3,200,377

LOANS TO THIRD PARTIES - Additi

LOANS TO THIRD PARTIES - Additional Information (Details) - 12 months ended Jun. 30, 2021 ¥ in Millions, $ in Millions	CNY (¥)	USD ($)
LOANS TO THIRD PARTIES
Proceeds from Collection of Loans Receivable	¥ 39.8	$ 6.2

CONTRACT COSTS, NET (Details)

CONTRACT COSTS, NET (Details)	12 Months Ended
	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)	Jun. 30, 2019CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)
CONTRACT COSTS, NET
Contract costs	¥ 53,344,816		¥ 31,677,348		$ 8,260,456
Allowance for credit losses	(4,548,910)		(139,762)	¥ (162,213)	(704,400)	$ (21,642)
Total contract costs, net	48,795,906		31,537,586		7,556,056
Contract costs	48,795,906		31,537,586		7,556,056
Total contracts costs that have been subsequently realized	¥ 11,253,727				$ 1,742,642
Percentage of total contracts costs subsequently realized	21.30%				21.30%
Net recovery of provision for credit losses	¥ 4,647,802	$ 719,713	¥ 22,451	¥ 233,391

CONTRACT COSTS, NET - Movement

CONTRACT COSTS, NET - Movement of impairment of contract costs (Details)	12 Months Ended
	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)
CONTRACT COSTS, NET
Beginning balance	¥ 139,762	$ 21,642	¥ 162,213
Charge to (reversal of) expense	4,647,802	719,713	(22,451)
Less: write-off	(238,654)	(36,955)
Ending balance	¥ 4,548,910	$ 704,400	¥ 139,762

PROPERTY AND EQUIPMENT, NET (De

PROPERTY AND EQUIPMENT, NET (Details)	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)
Property, Plant and Equipment [Line Items]
Total property and equipment	¥ 37,042,280	$ 5,736,005	¥ 36,359,337
Less: accumulated depreciation	(9,135,200)	(1,414,588)	(6,602,458)
Less: Impairment for property and equipment	(768,312)	(118,973)	0
Property and equipment, net	27,138,768	4,202,444	29,756,879
Motor vehicles [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	5,097,921	789,415	4,741,366
Office equipment and fixtures [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	1,385,084	214,481	1,436,210
Production equipment [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	¥ 30,559,275	$ 4,732,109	¥ 30,181,761

PROPERTY AND EQUIPMENT, NET - A

PROPERTY AND EQUIPMENT, NET - Additional Information (Details)	12 Months Ended
	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)	Jun. 30, 2019CNY (¥)
PROPERTY AND EQUIPMENT, NET
Depreciation	¥ 2,773,122	$ 429,419	¥ 1,582,461	¥ 1,096,772
Impairment of property and equipment	768,312	118,973	0	0
Loss from property and equipment disposal	¥ (19,590)	$ (3,034)	¥ 89,156	¥ 0

BUSINESS ACQUISITION AND INVE_3

BUSINESS ACQUISITION AND INVESTMENT IN UNCONSOLIDATED ENTITY - Additional Information (Details)	Jun. 03, 2021USD ($)shares	Jan. 13, 2021CNY (¥)itemshares	Dec. 10, 2019	Aug. 21, 2018USD ($)shares	Aug. 21, 2018CNY (¥)shares	Jun. 30, 2021CNY (¥)itemshares	Jun. 30, 2021USD ($)itemshares	Jun. 30, 2020CNY (¥)shares	Jun. 30, 2019CNY (¥)shares	Jun. 03, 2021CNY (¥)	Jun. 03, 2021USD ($)$ / shares	Jan. 13, 2021USD ($)item$ / shares	Dec. 31, 2020
Payments to Acquire Businesses and Interest in Affiliates | ¥								¥ 0	¥ 4,205,080
Cost Method Investment Ownership Percentage				43.00%	43.00%								43.00%
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures				487,057
Loss (income) from investment in unconsolidated entity						¥ 266,707	$ 41,300	(462,879)	959,905
Loss (income) from investment in unconsolidated entity						¥ (251,296)	$ (38,913)
Investment Payable | ¥								6,400,000
Reverse stock split						0.2	0.2
Remeasurement gain of previously held equity interests in connection with step acquisition						¥ 979,254	$ 151,638	¥ 0	0
Investment loss						¥ 266,707	$ 41,300		¥ 959,905
Future Gas Station (Beijing) Technology, Ltd
Payments to Acquire Additional Interest in Subsidiaries				$ 10,000,000	¥ 10,000,000
Equity Method Investment, Additional Information				As consideration for increasing its affiliates’ interest in FGS from 8% to 43%, the Company will (1) pay a total of RMB 10 million in cash to FGS and (2) issue 487,057 restricted Class A Ordinary Shares of the Company (the “Restricted Shares”) to the other shareholders of FGS within 30 days after FGS finalizes recording the Company’s corresponding interest at the local governmental agency.
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures					487,057
Number of gas stations extending business | item						200	200
Number of Company's subsidiaries who entered into the fourth supplemental agreement to the investment agreement | item		2										2
Stock price | $ / shares												$ 1.61
Fair market value of waived performance goals		¥ 1,689,807										$ 261,667
Ownership interest (as a percent)		51.00%										51.00%
Remeasurement gain of previously held equity interests in connection with step acquisition						¥ 979,254	$ 151,638
Net sales						2,567,807	397,625
Net loss						2,156,135	333,878
Amortization expense						350,000	54,198
Investment in Starry Blockchain Energy Pte. Ltd
Cost Method Investment Ownership Percentage										30.00%	30.00%
Payments to Acquire Equity Method Investments | $	$ 3,000,000
Stock price | $ / shares											$ 13.80
Ownership interest (as a percent)										30.00%	30.00%
Fair value of shares issued										¥ 27,675,450	$ 4,327,600
Investment loss						15,411	$ 2,386
Future Gas Station (Beijing) Technology, Ltd
Percentage of equity interest to be acquired in exchange for waiver of performance goals		8.00%										8.00%
Net sales | ¥						6,393,216
Net loss | ¥						¥ (2,362,502)
Consideration in shares		487,057
Number of Shares cancelled		162,352
Percentage of deemed consideration of equity.		8.00%
Restricted shares
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures						188,662	188,662	250,086	858,667
Restricted shares | Future Gas Station (Beijing) Technology, Ltd
Consideration in shares		487,057
Minimum
Ownership interest (as a percent)				8.00%	8.00%
Maximum
Ownership interest (as a percent)				43.00%	43.00%
Class A ordinary shares
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures					487,057
Reverse stock split			0.2
Class A ordinary shares | Future Gas Station (Beijing) Technology, Ltd
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures				487,057
Class A ordinary shares | Restricted shares | Investment in Starry Blockchain Energy Pte. Ltd
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures	316,345
Stock price | $ / shares											$ 9.48

BUSINESS ACQUISITION AND INVE_4

BUSINESS ACQUISITION AND INVESTMENT IN UNCONSOLIDATED ENTITY - Fair values of the identifiable assets and liabilities (Details)	Jan. 13, 2021CNY (¥)	Jan. 13, 2021USD ($)	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jan. 13, 2021USD ($)
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest [Abstract]
Capital contribution receivable due from non-controlling Interest			¥ 50,000,000	$ 7,742,510
Future Gas Station (Beijing) Technology, Ltd
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest [Abstract]
Cash	¥ 471,843				$ 73,065
Trade accounts receivable, net	(831,049)				(128,688)
Other receivables, net	144,285				22,343
Contract costs, net	75,250				11,652
Prepaid expenses	91,132				14,112
Property and equipment, net	118,130				18,292
Intercompany receivables	6,850,000				1,060,724
Intangible assets customer relationship	7,000,000				1,083,951
Goodwill	6,996,895				1,083,471
Trade accounts payable	(1,032,078)				(159,817)
Other payables	(1,273,182)				(197,152)
Other payable- related parties	(479,959)				(74,322)
Deferred revenue	(39,786)				(6,161)
Accrued payroll and employees' welfare	(1,629,519)				(252,331)
Taxes payable	(64,253)				(9,950)
Deferred tax liability	(1,050,000)				(162,592)
Total	17,009,807				$ 2,633,973
Deemed equity consideration to acquire 8% equity interest in FGS	1,689,807	$ 261,667
Fair value of previously held equity interest	30,530,000	4,727,577
Non-controlling interest	34,790,000	5,387,239
Capital contribution receivable due from non-controlling Interest	(50,000,000)	(7,742,510)
Total	¥ 17,009,807	$ 2,633,973

BUSINESS ACQUISITION AND INVE_5

BUSINESS ACQUISITION AND INVESTMENT IN UNCONSOLIDATED ENTITY - Fair value of identified goodwill acquired and carrying value (Details) - Jun. 30, 2021	CNY (¥)	USD ($)
Acquired Finite-Lived Intangible Assets [Line Items]
The carrying value of goodwill as of June 30,2021	¥ 6,996,895	$ 1,083,471
Future Gas Station (Beijing) Technology, Ltd
Acquired Finite-Lived Intangible Assets [Line Items]
Goodwill	6,996,895	1,083,471
The carrying value of goodwill as of June 30,2021	¥ 6,996,895	$ 1,083,471

BUSINESS ACQUISITION AND INVE_6

BUSINESS ACQUISITION AND INVESTMENT IN UNCONSOLIDATED ENTITY - Fair value of identified intangible assets, customer relationship and its estimated useful lives (Details) - 12 months ended Jun. 30, 2021 - Future Gas Station (Beijing) Technology, Ltd	CNY (¥)	USD ($)
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets - customer relationship	¥ 7,000,000	$ 1,083,951
Less: accumulated amortization	(350,000)	(54,198)
Total intangible assets, net as of June 30,2021	¥ 6,650,000	$ 1,029,754
Average Useful Life (in Years)	10 years

BUSINESS ACQUISITION AND INVE_7

BUSINESS ACQUISITION AND INVESTMENT IN UNCONSOLIDATED ENTITY - Fair value of unadited pro forma (Details)	12 Months Ended
	Jun. 30, 2021CNY (¥)¥ / sharesshares
Future Gas Station (Beijing) Technology, Ltd
Acquired Finite-Lived Intangible Assets [Line Items]
Revenues	¥ 6,393,216
Net loss	¥ (2,362,502)
Loss per common share - basis and diluted | ¥ / shares	¥ (0.19)
Weighted average shares - basic and diluted | shares	12,697,024
Combined
Acquired Finite-Lived Intangible Assets [Line Items]
Revenues	¥ 51,763,984
Net loss	¥ (21,795,802)
Loss per common share - basis and diluted | ¥ / shares	¥ (1.72)
Weighted average shares - basic and diluted | shares	12,697,024
RECON TECHNOLOGY, LTD
Acquired Finite-Lived Intangible Assets [Line Items]
Revenues	¥ 45,370,768
Net loss	¥ (19,433,300)
Loss per common share - basis and diluted | ¥ / shares	¥ (1.53)
Weighted average shares - basic and diluted | shares	12,697,024

LEASES - Operating lease relate

LEASES - Operating lease related assets and liabilities (Details)	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)	Jun. 30, 2020USD ($)
Operating lease related assets and liabilities recorded on the balance sheets
Rights of use lease assets	¥ 7,925,930	$ 1,227,332	¥ 2,549,914
Operating lease liabilities - current	2,226,832	344,825	1,328,976	$ 344,825
Operating lease liabilities - non-current	4,792,101	742,058	1,210,088	742,058
Total operating lease liabilities	¥ 7,018,933	$ 1,086,883	¥ 2,539,064	$ 1,086,883

LEASES - weighted average remai

LEASES - weighted average remaining lease terms and discount rates (Details)	12 Months Ended
	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)
Remaining lease term and discount rate:
Weighted average remaining lease term (years)	2 years 7 months 2 days	2 years 7 months 2 days	2 years 6 months 25 days
Weighted average discount rate	5.00%	5.00%	5.00%
Operating lease costs	¥ 2,034,105	$ 314,982	¥ 1,348,742
Short-term lease costs	¥ 1,291,685	$ 200,018	¥ 1,142,417

LEASES - Maturities of lease li

LEASES - Maturities of lease liabilities (Details)	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)	Jun. 30, 2020USD ($)
Schedule, by years, of maturities of lease liabilities
2022	¥ 3,820,677			$ 591,633
2023	3,002,494			464,937
2024	1,953,178			302,449
Total lease payments	8,776,349			1,359,019
Less: imputed interest	(459,947)			(71,223)
Less: prepayments	(1,297,469)			(200,913)
Total operating lease liabilities	7,018,933	$ 1,086,883	¥ 2,539,064	1,086,883
Less: operating lease liabilities - current	(2,226,832)	(344,825)	(1,328,976)	(344,825)
Operating lease liabilities - non-current	¥ 4,792,101	$ 742,058	¥ 1,210,088	$ 742,058

LEASES - Additional information

LEASES - Additional information (Details)	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)	Jun. 30, 2020USD ($)	Jul. 01, 2019CNY (¥)	Jul. 01, 2019USD ($)
Lessee, Lease, Description [Line Items]
Operating lease right-of-use assets (including 803,503 and 352,775 ($54,627) from a related party as of June 30, 2020 and June 30, 2021, respectively)	¥ 7,925,930	$ 1,227,332	¥ 2,549,914
Operating Lease, liabilities	¥ 7,018,933	$ 1,086,883	¥ 2,539,064	$ 1,086,883
ASU 2016-02 | Restatement
Lessee, Lease, Description [Line Items]
Operating lease right-of-use assets (including 803,503 and 352,775 ($54,627) from a related party as of June 30, 2020 and June 30, 2021, respectively)					¥ 1,228,963	$ 190,305
Operating Lease, liabilities					¥ 1,228,963	$ 190,305
Minimum
Lessee, Lease, Description [Line Items]
Lease term	1 year	1 year
Maximum
Lessee, Lease, Description [Line Items]
Lease term	3 years	3 years

OTHER PAYABLES - Third Party (D

OTHER PAYABLES - Third Party (Details)	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)
Other Payables [Line Items]
Total	¥ 9,862,762	$ 1,527,251	¥ 2,609,486
Third Party [Member]
Other Payables [Line Items]
Service	7,940,481	1,229,586	1,685,449
Distributors and employees	1,488,329	230,468	273,968
Accrued expenses	206,051	31,907	402,699
Others	227,901	35,290	247,370
Total	¥ 9,862,762	$ 1,527,251	¥ 2,609,486

OTHER PAYABLES - Related Party

OTHER PAYABLES - Related Party (Details)	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)
Other Payables [Line Items]
Total	¥ 9,862,762	$ 1,527,251	¥ 2,609,486
Related Party
Other Payables [Line Items]
Expenses paid by the major shareholders	1,594,543	246,916	3,752,353
Due to family members of the owners of BHD and FGS	545,159	84,418	485,000
Due to management staff for costs incurred on behalf of the Company	260,965	40,410	260,965
Total	¥ 2,400,667	$ 371,744	¥ 4,498,318

TAXES PAYABLE (Details)

TAXES PAYABLE (Details)	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)
TAXES PAYABLE
VAT payable	¥ 643,896	$ 99,707	¥ 660,278
Income tax payable	440,030	68,139	440,030
Other taxes payable	165,068	25,561	7,980
Total taxes payable	¥ 1,248,994	$ 193,407	¥ 1,108,288

SHORT-TERM BANK LOANS - Compone

SHORT-TERM BANK LOANS - Components (Details)	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)
Short-term Debt [Line Items]
Total short-term bank loans	¥ 15,000,000	$ 2,322,753	¥ 9,520,000
Bank of Nanjing
Short-term Debt [Line Items]
Total short-term bank loans	4,000,000	619,401	2,500,000
Beijing Rural Commercial Bank
Short-term Debt [Line Items]
Total short-term bank loans	10,000,000	1,548,502	6,000,000
Industrial and Commercial Bank of China
Short-term Debt [Line Items]
Total short-term bank loans			¥ 1,020,000
China Construction Bank
Short-term Debt [Line Items]
Total short-term bank loans	¥ 1,000,000	$ 154,850

SHORT-TERM BANK LOANS - Additio

SHORT-TERM BANK LOANS - Additional information (Details)	Jun. 21, 2021USD ($)	May 18, 2021CNY (¥)	May 18, 2021USD ($)	Apr. 23, 2021CNY (¥)	Apr. 23, 2021USD ($)	Jul. 10, 2020CNY (¥)	Jul. 01, 2020CNY (¥)	Jul. 01, 2020USD ($)	Jun. 23, 2020CNY (¥)	Jun. 01, 2020	May 22, 2020CNY (¥)	Apr. 30, 2020CNY (¥)	Apr. 30, 2020USD ($)	Apr. 23, 2020CNY (¥)	Apr. 15, 2020CNY (¥)	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)	Jun. 30, 2019CNY (¥)	Jun. 30, 2021USD ($)	Nov. 19, 2020CNY (¥)	Nov. 19, 2020USD ($)	Jul. 10, 2020USD ($)	Jun. 23, 2020USD ($)	Jun. 21, 2020CNY (¥)	May 22, 2020USD ($)	Apr. 23, 2020USD ($)	Apr. 15, 2020USD ($)	Jan. 01, 2020CNY (¥)	Jan. 01, 2020USD ($)
Short-term Debt [Line Items]
Proceeds from debt																¥ 16,020,000	$ 2,480,700	¥ 9,520,000	¥ 2,500,000
Interest Expense on Bank Loan																¥ 602,124	$ 93,239	¥ 203,049	¥ 2,749
Bank of Nanjing
Short-term Debt [Line Items]
Face amount of debt	$ 387,126								¥ 1,500,000															$ 232,275	¥ 2,500,000				¥ 2,500,000	$ 387,126
Term of debt	1 year								1 year	1 year
Interest rate (as a percent)																4.35%				4.35%
Proceeds from debt							¥ 1,500,000	$ 232,275
Beijing Rural Commercial Bank
Short-term Debt [Line Items]
Face amount of debt														¥ 6,000,000	¥ 10,000,000												$ 929,101	$ 1,548,502
Term of debt														1 year	1 year
Interest rate (as a percent)														5.655%	4.60%												5.655%	4.60%
Proceeds from debt		¥ 4,400,000	$ 681,341	¥ 5,600,000	$ 867,161							¥ 6,000,000	$ 929,101
Carrying value of self-owned housing property pledged as collateral															¥ 17,600,000	¥ 15,600,000				$ 2,416,592								$ 2,722,267
Industrial and Commercial Bank of China
Short-term Debt [Line Items]
Face amount of debt											¥ 1,020,000										¥ 1,020,000	$ 157,947				$ 157,947
Term of debt											6 months
Interest rate (as a percent)											4.45%										3.85%	3.85%				4.45%
China Construction Bank
Short-term Debt [Line Items]
Face amount of debt						¥ 1,000,000																	$ 154,850
Term of debt						1 year
Interest rate (as a percent)						4.0525%																	4.0525%

SHORT-TERM BORROWINGS - Due to

SHORT-TERM BORROWINGS - Due to third party (Details)	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)
Short-term Debt [Line Items]
Total short-term borrowings due to third party	¥ 530,000	$ 82,071	¥ 200,000
Interest 15% annual interest, due on June 23, 2021
Short-term Debt [Line Items]
Total short-term borrowings due to third party	230,000	35,616	200,000
Interest-free, due on May 12, 2022
Short-term Debt [Line Items]
Total short-term borrowings due to third party	200,000	30,970	0
Interest-free, due on June 21, 2022
Short-term Debt [Line Items]
Total short-term borrowings due to third party	¥ 100,000	$ 15,485	¥ 0

SHORT-TERM BORROWINGS - Due t_2

SHORT-TERM BORROWINGS - Due to related party (Details)	12 Months Ended
	Jun. 30, 2021CNY (¥)	Jun. 30, 2020CNY (¥)	Jun. 30, 2021USD ($)
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	¥ 12,676,042	¥ 10,230,746	$ 1,962,888
Short Term Borrowings One [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	¥ 0	¥ 5,008,640	0
Debt Instrument, Maturity Date	Dec. 19, 2020
Debt Instrument, Interest Rate Percentage		5.65%
Short Term Borrowings Two [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	¥ 0	¥ 4,002,106	0
Debt Instrument, Maturity Date	Mar. 25, 2021
Debt Instrument, Interest Rate Percentage		4.55%
Short Term Borrowings Three [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	¥ 0	¥ 450,000	0
Debt Instrument, Maturity Date	Sep. 24, 2020
Short Term Borrowings Four [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	¥ 0	770,000	0
Debt Instrument, Maturity Date	Dec. 31, 2020
Short Term Borrowings Five [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	¥ 5,006,042	0	775,187
Debt Instrument, Maturity Date	Dec. 21, 2021
Debt Instrument, Interest Rate Percentage	4.35%
Short Term Borrowings Six [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	¥ 4,000,000	0	619,401
Debt Instrument, Maturity Date	Mar. 25, 2022
Debt Instrument, Interest Rate Percentage	4.35%
Short Term Borrowings Seven [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	¥ 670,000	0	103,750
Debt Instrument, Interest Rate Percentage	0.00%
Short Term Borrowings Eight [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	¥ 3,000,000	¥ 0	$ 464,550
Debt Instrument, Maturity Date	Mar. 24, 2022
Debt Instrument, Interest Rate Percentage	0.00%

SHORT-TERM BORROWINGS - Additio

SHORT-TERM BORROWINGS - Additional Information (Details)	12 Months Ended
	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)	Jun. 30, 2019CNY (¥)
Short-term Debt [Line Items]
Interest expense due to third party	¥ 30,000	$ 4,646	¥ 0	¥ 81,096
Short Term Borrowings [Member]
Short-term Debt [Line Items]
Guaranteed or collateralized	0		0
Interest expense due to related party	¥ 433,281	$ 67,094	¥ 506,358	¥ 508,474

LONG-TERM BORROWINGS DUE TO R_3

LONG-TERM BORROWINGS DUE TO RELATED PARTY - Due to related party (Details) - Related Party	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)
Long-term borrowing from a founder, monthly payments of 126,135 inclusive of interest at 8.90%, ten years loan, due in November 2027.	¥ 7,406,617	$ 1,146,916	¥ 8,226,599
Less: current portion	(920,066)	(142,472)	(847,346)
Total long-term borrowings due to related party	¥ 6,486,551	$ 1,004,444	¥ 7,379,253

LONG-TERM BORROWINGS DUE TO R_4

LONG-TERM BORROWINGS DUE TO RELATED PARTY - Parenthetical (Details) - Long-term Borrowings [Member] - Related Party	12 Months Ended
	Jun. 30, 2021CNY (¥)
Debt Instrument, Periodic Payment	¥ 126,135
Debt Instrument, Interest Rate, Stated Percentage	8.90%
Debt Instrument, Term	10 years

LONG-TERM BORROWINGS DUE TO R_5

LONG-TERM BORROWINGS DUE TO RELATED PARTY - Future maturities (Details) - Related Party	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)
2022	¥ 920,066	$ 142,472
2023	975,474	151,052
2024	1,065,921	165,058
2025	1,164,755	180,363
2026	1,272,753	197,086
Thereafter	2,007,648	310,885
Total	¥ 7,406,617	$ 1,146,916	¥ 8,226,599

LONG-TERM BORROWINGS DUE TO R_6

LONG-TERM BORROWINGS DUE TO RELATED PARTY - Additional Information (Details) - Long-term Borrowings [Member]	12 Months Ended
	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)	Jun. 30, 2019CNY (¥)
Interest Expense, Long-term Debt	¥ 693,641	$ 107,410	¥ 763,220	¥ 826,895
Guaranteed or collateralized	¥ 0		¥ 0

CLASS A ORDINARY SHARES (Detail

CLASS A ORDINARY SHARES (Details)	Jun. 14, 2021USD ($)$ / sharesshares	Apr. 05, 2021USD ($)Vote$ / sharesshares	Jun. 26, 2020USD ($)$ / sharesshares	May 21, 2020USD ($)$ / sharesshares	Dec. 26, 2019shares	Dec. 10, 2019$ / sharesshares	Aug. 21, 2018USD ($)shares	Aug. 21, 2018CNY (¥)shares	Jun. 30, 2021CNY (¥)shares	Jun. 30, 2021USD ($)shares	Jun. 30, 2020CNY (¥)shares	Jun. 30, 2020USD ($)$ / sharesshares	Jun. 30, 2019CNY (¥)shares	Jun. 30, 2021USD ($)$ / sharesshares	Jan. 13, 2021	Dec. 31, 2020	Jun. 30, 2020CNY (¥)shares	Sep. 21, 2018$ / shares
Equity [Line Items]
Cost Method Investment Ownership Percentage							43.00%	43.00%								43.00%
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures							487,057
Reverse stock split ratio									0.2	0.2
Number of Ordinary Shares called for by warrants				911,112													1,680,000
Gross proceeds | $			$ 2,100,000	$ 2,100,000
Payments of Stock Issuance Costs | $			200,000	300,000
Net proceeds | $			$ 1,900,000	$ 1,700,000
Stock Issued During Period, Value, New Issues									¥ 81,091,141	$ 12,556,980	¥ 25,766,355	$ 3,989,925
Placement agent's fees and other estimated offering expenses									¥ 30,408,264	$ 4,700,000
Percentage Transfer Of Profit To Statutory Reserves									10.00%	10.00%
Transfer Of Profit To Statutory Reserves Up to Certain Percentage Of Registered Capital									50.00%	50.00%
Appropriated retained earnings									¥ 4,148,929					$ 642,462			¥ 4,148,929
Proceeds from Issuance of Common Stock									¥ 81,091,141	$ 12,556,980	¥ 26,141,051		¥ 0
Restricted shares
Equity [Line Items]
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures									188,662	188,662	250,086	250,086	858,667
Minimum
Equity [Line Items]
Equity Method Investment, Ownership Percentage							8.00%	8.00%
Maximum
Equity [Line Items]
Equity Method Investment, Ownership Percentage							43.00%	43.00%
Class A ordinary shares
Equity [Line Items]
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures								487,057
Reverse stock split ratio						0.2
Common shares, shares authorized		150,000,000							150,000,000					150,000,000			150,000,000
Par value (in dollars per share) | $ / shares	$ 0.0925	$ 0.0925	$ 0.0925	$ 0.0925								$ 0.0925		$ 0.0925
Number of ordinary share in lieu of the fractional share, the shareholder was entitled to receive					23,049,639
Common shares, shares outstanding					4,611,720				26,868,391					26,868,391			7,202,832
Number of Common Stock to be Issued			1,680,000	911,112
Number of Ordinary Shares called for by warrants	6,014,102		1,680,000	911,112					8,814,102					8,814,102
Authorized share capital | $		$ 15,725,000
Common Stock, Shares Authorized		150,000,000							150,000,000					150,000,000			150,000,000
Number of votes | Vote		1
Stock issuance (in shares)	6,014,102
Class A ordinary shares | Minimum
Equity [Line Items]
Common shares, shares authorized						20,000,000
Par value (in dollars per share) | $ / shares						$ 0.0185
Common Stock, Shares Authorized						20,000,000
Class A ordinary shares | Maximum
Equity [Line Items]
Common shares, shares authorized						100,000,000
Par value (in dollars per share) | $ / shares						$ 0.0925
Common Stock, Shares Authorized						100,000,000
Class B ordinary shares
Equity [Line Items]
Common shares, shares authorized		20,000,000							20,000,000					20,000,000			20,000,000
Par value (in dollars per share) | $ / shares		$ 0.0925										$ 0.0925		$ 0.0925
Common shares, shares outstanding									0					0			0
Authorized share capital | $		$ 1,850,000
Common Stock, Shares Authorized		20,000,000							20,000,000					20,000,000			20,000,000
Number of votes | Vote		15
Pre-funded warrants
Equity [Line Items]
Number of Ordinary Shares called for by warrants	8,814,102
Gross proceeds | $	$ 55,000,000
Stock issuance (in shares)	2,800,000
Future Gas Station (Beijing) Technology, Ltd
Equity [Line Items]
Equity Method Investment, Ownership Percentage															51.00%
Payments to Acquire Additional Interest in Subsidiaries							$ 10,000,000	¥ 10,000,000
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures								487,057
Shares Issued, Price Per Share | $ / shares																		$ 6.4375
Future Gas Station (Beijing) Technology, Ltd | Class A ordinary shares
Equity [Line Items]
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures							487,057

CLASS A ORDINARY SHARES - Pre f

CLASS A ORDINARY SHARES - Pre funded warrants (Details) - $ / shares	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Class of Warrant or Right [Line Items]
Weighted Average Exercise Price Outstanding Per Share	$ 1.25
Issued	6.24	$ 1.25
Exercised	1.25
Weighted Average Exercise Price Outstanding Per Share	$ 6.24	$ 1.25
Weighted average remaining period, outstanding	5 years 4 months 17 days	5 years 6 months
Pre-funded warrants
Class of Warrant or Right [Line Items]
Issued	2,800,000
Exercised	(1,330,000)
Warrants Outstanding	1,470,000
Issued	$ 0.01
Exercised	0.01
Weighted Average Exercise Price Outstanding Per Share	$ 0.01

COMMON STOCK PURCHASE WARRANT_3

COMMON STOCK PURCHASE WARRANTS ISSUED TO INVESTORS (Details)	Jun. 26, 2020item$ / sharesshares	May 21, 2020USD ($)item$ / sharesshares	Jun. 30, 2021CNY (¥)Yshares	Jun. 30, 2021USD ($)Y$ / sharesshares	Jun. 14, 2021Yshares	Jun. 30, 2020USD ($)$ / sharesshares
Class of Warrant or Right [Line Items]
Number of offerings | item	2	2
Number of warrants to purchase ordinary shares | shares		911,112				1,680,000
Exercise price of warrants (in dollars per share) | $ / shares	$ 1.25	$ 2.25				$ 1.25
Fair value of warrants | $		$ 1,689,389		$ 34,860,000		$ 1,639,333
Fair value of the warrant liability			¥ 190,635,850	$ 29,520,000
Class A ordinary shares
Class of Warrant or Right [Line Items]
Number of warrants to purchase ordinary shares | shares	1,680,000	911,112	8,814,102	8,814,102	6,014,102
Exercise price of warrants (in dollars per share) | $ / shares				$ 5,340,000
Risk-free interest rate
Class of Warrant or Right [Line Items]
Warrants outstanding, measurement input		0.40	0.95	0.95	0.90	0.35
Warrant life
Class of Warrant or Right [Line Items]
Warrants outstanding, measurement input | Y			5.5	5.5	5.5
Warrants and rights outstanding, term		5 years 6 months				5 years 6 months
Volatility
Class of Warrant or Right [Line Items]
Warrants outstanding, measurement input		99.50	111	111	111	104.26
Expected dividend yield
Class of Warrant or Right [Line Items]
Warrants outstanding, measurement input		0				0

COMMON STOCK PURCHASE WARRANT_4

COMMON STOCK PURCHASE WARRANTS ISSUED TO INVESTORS - Warrant activities (Details) - $ / shares	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Class of Warrant or Right [Line Items]
Weighted Average Exercise Price Outstanding Per Share	$ 1.25
Issued	6.24	$ 1.25
Exercised	1.25
Weighted Average Exercise Price Outstanding Per Share	$ 6.24	$ 1.25
Weighted average remaining period, outstanding	5 years 4 months 17 days	5 years 6 months
Warrant [Member]
Class of Warrant or Right [Line Items]
Warrants Outstanding	2,591,112
Issued	8,814,102	2,591,112
Exercised	(2,591,112)
Warrants Outstanding	8,814,102	2,591,112

COMMON STOCK PURCHASE WARRANT_5

COMMON STOCK PURCHASE WARRANTS ISSUED TO INVESTORS - Measurement inputs (Details)	Jun. 30, 2021¥ / sharesY	Jun. 14, 2021¥ / sharesY	Jun. 30, 2020	May 21, 2020
Stock price
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants outstanding, measurement input	4.33	5.01
Risk-free interest rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants outstanding, measurement input	0.95	0.90	0.35	0.40
Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants outstanding, measurement input	111	111	104.26	99.50
Exercise price
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants outstanding, measurement input	6.24	6.24
Warrant life
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants outstanding, measurement input | Y	5.5	5.5

COMMON STOCK PURCHASE WARRANT_6

COMMON STOCK PURCHASE WARRANTS ISSUED TO INVESTORS - Liabilties (Details)	Jun. 30, 2021CNY (¥)
Liabilities:
Warrant liability	¥ 29,520,000
Level 3
Liabilities:
Warrant liability	¥ 29,520,000

CONVERTIBLE NOTES PAYABLE (Deta

CONVERTIBLE NOTES PAYABLE (Details)	Jan. 28, 2021USD ($)shares	Nov. 25, 2020USD ($)item$ / sharesshares	Jun. 30, 2021$ / shares	Jun. 14, 2021$ / shares	Apr. 05, 2021$ / shares	Jun. 30, 2020$ / shares	Jun. 26, 2020$ / shares	May 21, 2020$ / shares
Class A ordinary shares
Short-term Debt [Line Items]
Common shares, par value (in dollars per share)			$ 0.0925	$ 0.0925	$ 0.0925	$ 0.0925	$ 0.0925	$ 0.0925
Convertible Notes
Short-term Debt [Line Items]
Interest rate (as a percent)		12.00%
Term of debt		6 months
Number of equal monthly payments to pay principal and interest on debt | item		6
Convertible Notes | Class A ordinary shares
Short-term Debt [Line Items]
Aggregate principal amount | $		$ 6,485,000
Common shares, par value (in dollars per share)		$ 0.0925
Conversion price per ordinary share (in dollars per share)		$ 0.71
Maximum number of shares issuable | shares		9,466,137
Shares issued upon conversion (in shares) | shares	9,225,338
Principal and interests amount of debt converted | $	$ 6,549,990

STOCK-BASED COMPENSATION (Detai

STOCK-BASED COMPENSATION (Details) - $ / shares	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
STOCK-BASED COMPENSATION
Stock Options, Shares, Outstanding at Beginning	109,520	163,120
Stock Options, Shares, Granted	0	0
Stock Options, Shares, Forfeited	0	0
Stock Option, Shares, Exercised	0	0
Stock Option, Shares, Expired	0	53,600
Stock Options, Shares, Outstanding at Ending	109,520	109,520
Stock Options, Weighted Average Exercise Price Per share, Outstanding at Beginning	$ 10.02	$ 15.20
Stock Options, Weighted Average Exercise Price Per share, Granted	0	0
Stock Options, Weighted Average Exercise Price Per share, Forfeited	0	0
Stock Options, Weighted Average Exercise Price Per share, Exercised	0	0
Stock Options, Weighted Average Exercise Price Per share, Expired	0	25.75
Stock Options, Weighted Average Exercise Price Per share, Outstanding at Ending	$ 10.02	$ 10.02

STOCK-BASED COMPENSATION - Opti

STOCK-BASED COMPENSATION - Option outstanding (Details)	12 Months Ended
	Jun. 30, 2021$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding Options, Number (in shares)	109,520
Stock Option One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding Options, Average Exercise Price | $ / shares	$ 14.80
Outstanding Options, Number (in shares)	29,520
Outstanding Options, Average Remaining Contractual life (Years)	8 months 26 days
Exercisable Options, Average Exercise Price | $ / shares	$ 14.80
Exercisable Options, Number (in shares)	29,520
Exercisable Options, Average Remaining Contractual life (years)	8 months 26 days
Stock Option Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding Options, Average Exercise Price | $ / shares	$ 8.25
Outstanding Options, Number (in shares)	80,000
Outstanding Options, Average Remaining Contractual life (Years)	3 years 7 months 2 days
Exercisable Options, Average Exercise Price | $ / shares	$ 8.25
Exercisable Options, Number (in shares)	80,000
Exercisable Options, Average Remaining Contractual life (years)	3 years 7 months 2 days

STOCK-BASED COMPENSATION - Rest

STOCK-BASED COMPENSATION - Restricted shares (Details) - shares	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted - Shares	0	0
Restricted shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-vested, Beginning Balance - Shares	320,800	821,644
Granted - Shares	0	0
Vested - Shares	(190,400)	(500,844)
Non-vested, Ending Balance - Shares	130,400	320,800

STOCK-BASED COMPENSATION - Stat

STOCK-BASED COMPENSATION - Status of restricted stock (Details) - $ / shares	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Fair Value per Share 6.45 [Member]
Outstanding Restricted Shares, Fair Value per Share	$ 6.45
Restricted shares
Outstanding Restricted Shares, Number	130,400
Outstanding balance	130,400	320,800	821,644
Restricted shares | Fair Value per Share 6.45 [Member]
Outstanding Restricted Shares, Number	130,400
Outstanding Restricted Shares, Fair Value per Share	$ 0.14

STOCK-BASED COMPENSATION - Addi

STOCK-BASED COMPENSATION - Additional Information (Details)	Aug. 27, 2018USD ($)$ / sharesshares	Aug. 21, 2018$ / sharesshares	Oct. 13, 2017USD ($)$ / sharesshares	Aug. 21, 2018USD ($)$ / sharesshares	Mar. 31, 2017	Jun. 30, 2021CNY (¥)shares	Jun. 30, 2021USD ($)shares	Jun. 30, 2020CNY (¥)shares	Jun. 30, 2019CNY (¥)shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross						0	0	0
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeiture		487,057
August 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number						130,400	130,400
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period						260,800	260,800
Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock or Unit Option Plan Expense | ¥						¥ 0		¥ 0	¥ 0
Share-based Compensation | $							$ 0
Restricted shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock or Unit Option Plan Expense						¥ 6,140,037	$ 950,786	¥ 7,944,835	¥ 21,288,204
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross						0	0	0
Restricted shares issued for services (in shares)			180,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number						130,400	130,400
Shares, Outstanding						188,662	188,662	250,086	858,667
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeiture						188,662	188,662	250,086	858,667
Restricted shares | Employees And Non Employee Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value | $			$ 919,800
Restricted Stock Closing Price | $ / shares			$ 5.11
Restricted shares | Senior Manager [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation | $							$ 100,000
Outstanding Restricted Shares, Average Remaining Amortization Period (Years)						1 month 20 days	1 month 20 days
Restricted shares | Management [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation | ¥						¥ 800,000
Restricted shares | August 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value | $				$ 2,523,240
Restricted Stock Closing Price | $ / shares		$ 6.45		$ 6.45
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period					1 year
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period				391,200
Restricted shares | August 2018 | Independent Company [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Closing Price | $ / shares	$ 6.40
Stock Issued During Period, Shares, Issued for Services	5,000
Stock Issued During Period, Value, Issued for Services | $	$ 32,000
Restricted Stock For Services [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock or Unit Option Plan Expense | ¥						0		¥ 33,927	¥ 845,781
Share-based Compensation | ¥						¥ 0		¥ 0	¥ 0

INCOME TAX (Details)

INCOME TAX (Details)	12 Months Ended
	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)	Jun. 30, 2019CNY (¥)
INCOME TAX
Outside China areas	¥ 4,011,449	$ 621,174	¥ (10,160,525)	¥ (28,447,953)
China	(30,402,528)	(4,707,838)	(9,679,757)	3,064,024
Loss before income tax	¥ (26,391,079)	$ (4,086,664)	¥ (19,840,282)	¥ (25,383,929)

INCOME TAX - Deferred tax asset

INCOME TAX - Deferred tax asset, net (Details)	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)
Deferred tax assets:
Allowance for credit losses	¥ 2,137,968	$ 331,065	¥ 1,180,160
Impairment for inventory	160,791	24,899	0
Impairment loss from investment in unconsolidated entity	0	0	605,660
Net operating loss carryforwards	15,741,037	2,437,503	10,441,633
Subtotal	18,039,796	2,793,467	12,227,453
Less: Valuation allowance	(17,427,464)	(2,698,647)	(12,162,660)
Total deferred tax assets	612,332	94,820	64,793
Deferred tax Liability:
Accelerated amortization of intangible assets	(92,032)	(14,251)	(64,793)
Gain on the previously held equity method investment	(146,888)	(22,746)	0
Recognition of customer relationship arising from business combinations	(997,500)	(154,463)	0
Total deferred tax liability	(1,236,420)	(191,460)	(64,793)
Deferred tax liability, net	¥ (624,088)	$ (96,640)	¥ 0

INCOME TAX - Reconciliation of

INCOME TAX - Reconciliation of income tax expense (Details)	12 Months Ended
	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)	Jun. 30, 2019CNY (¥)
INCOME TAX
Income tax benefits calculated at PRC statutory rates	¥ (6,597,770)	$ (1,021,666)	¥ (4,960,454)	¥ (6,318,111)
Nondeductible expenses and others	338,058	52,348	232,213	(56,127)
Effect of tax rate differential	626,245	96,974	2,008,824	6,378,169
Benefit of revenue exempted from enterprise income tax	(57,250)	(8,865)	(266,548)	(279,352)
Change in valuation allowances	5,264,804	815,256	3,268,287	673,898
Tax refund	(98,338)	(15,227)
Provision (benefit) for income tax	¥ (524,251)	$ (81,180)	¥ 282,322	¥ 398,477

INCOME TAX - Income tax expense

INCOME TAX - Income tax expense (Details)	12 Months Ended
	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)	Jun. 30, 2019CNY (¥)
INCOME TAX
Current income tax provision (benefit)	¥ (98,338)	$ (15,228)	¥ 282,322	¥ 398,477
Deferred income tax benefit	(425,913)	(65,952)	0	0
Provision (benefit) for income tax	¥ (524,251)	$ (81,180)	¥ 282,322	¥ 398,477

INCOME TAX - Additional Informa

INCOME TAX - Additional Information (Details)	12 Months Ended
	Jun. 30, 2021
Income Taxes [Line Items]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate	25.00%
Nanjing Recon Technology Co Ltd [Member]
Income Taxes [Line Items]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate	15.00%
Beijing Bhd Petroleum Technology Co Ltd [Member]
Income Taxes [Line Items]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate	15.00%

NON-CONTROLLING INTEREST (Detai

NON-CONTROLLING INTEREST (Details)	12 Months Ended
	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)	Jun. 30, 2019CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)
Noncontrolling Interest [Line Items]
Paid-in capital	¥ 479,490,763		¥ 282,505,455		$ 74,249,242
Capital contribution receivable due from non-controlling Interest	(50,000,000)	$ (7,742,510)
Accumulated other comprehensive loss	1,974,836		2,825,731		305,804
Total non-controlling interests	(7,579,568)		10,614,526		(1,173,698)
Capital contribution received	50,000	7,743	405,000	¥ 850,000
Capital contribution repaid			0	200,000
Non-controlling Interest [Member]
Noncontrolling Interest [Line Items]
Paid-in capital	6,656,000		6,606,000		1,030,683	$ 934,406
Capital contribution receivable due from non-controlling Interest	(50,000,000)	(7,742,510)
Unappropriated retained earnings	1,005,135		4,039,229		155,645	571,342
Accumulated other comprehensive loss	(30,703)		(30,703)		(4,754)	(4,343)
Noncontrolling interest recognized upon business acquisiton	34,790,000				5,387,238
Total non-controlling interests	(7,579,568)		10,614,526		$ (1,173,698)	$ 1,501,405
Bhd [Member] | Non-controlling Interest [Member]
Noncontrolling Interest [Line Items]
Paid-in capital	1,651,000		1,651,000
Unappropriated retained earnings	3,477,493		3,477,493
Accumulated other comprehensive loss	(18,850)		(18,850)
Total non-controlling interests	5,109,643		5,109,643
Nanjing Recon [Member] | Non-controlling Interest [Member]
Noncontrolling Interest [Line Items]
Paid-in capital	200,000		200,000
Unappropriated retained earnings	3,616,002		3,616,002
Accumulated other comprehensive loss	(11,853)		(11,853)
Total non-controlling interests	3,804,149		3,804,149
Gan Su BHD [Member]
Noncontrolling Interest [Line Items]
Capital contribution received	50,000	$ 7,743	405,000	¥ 850,000
Gan Su BHD [Member] | Non-controlling Interest [Member]
Noncontrolling Interest [Line Items]
Paid-in capital	4,805,000		4,755,000
Capital contribution receivable due from non-controlling Interest	0
Unappropriated retained earnings	(4,106,883)		(2,100,871)
Accumulated other comprehensive loss	0
Noncontrolling interest recognized upon business acquisiton	0
Total non-controlling interests	698,117		2,654,129
Qinghai BHD [Member]
Noncontrolling Interest [Line Items]
Paid-in capital			200,000
Qinghai BHD [Member] | Non-controlling Interest [Member]
Noncontrolling Interest [Line Items]
Paid-in capital	0
Capital contribution receivable due from non-controlling Interest	0
Unappropriated retained earnings	(1,442,443)		(953,395)
Accumulated other comprehensive loss	0
Noncontrolling interest recognized upon business acquisiton	0
Total non-controlling interests	(1,442,443)		¥ (953,395)
Future Gas Station (Beijing) Technology, Ltd | Non-controlling Interest [Member]
Noncontrolling Interest [Line Items]
Capital contribution receivable due from non-controlling Interest	(50,000,000)
Unappropriated retained earnings	(539,034)
Noncontrolling interest recognized upon business acquisiton	34,790,000
Total non-controlling interests	¥ (15,749,034)

CONCENTRATIONS (Details)

CONCENTRATIONS (Details)	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
China National Petroleum Corporation | Customer One [Member] | Sales Revenue, Net [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage		31.00%	24.00%
China National Petroleum Corporation | Customer One [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	19.00%	11.00%	18.00%
China National Petroleum Corporation | Customer Two [Member] | Sales Revenue, Net [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage		17.00%	12.00%
China National Petroleum Corporation | Customer Two [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	14.00%	10.00%	14.00%
China National Petroleum Corporation | Customer Three [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage			10.00%
China National Petroleum Corporation | Customer concentration | Sales Revenue, Net [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	39.00%	39.00%	39.00%
China National Petroleum Corporation | Customer concentration | Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	29.00%	36.00%	31.00%
SINOPEC [Member] | Customer concentration | Sales Revenue, Net [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	22.00%
SINOPEC [Member] | Customer concentration | Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	13.00%

COMMITMENTS AND CONTINGENCY - P

COMMITMENTS AND CONTINGENCY - Purchase commitment (Details) - Jun. 30, 2021 - Purchase Commitment [Member]	CNY (¥)	USD ($)
Other Commitment, Fiscal Year Maturity [Abstract]
2022	¥ 8,099,019	$ 1,254,135
2023	300,000	46,455
2024	300,000	46,455
2025	300,000	46,455
2026	150,000	23,228
Thereafter	0	0
Total minimum payments required	¥ 9,149,019	$ 1,416,728

COMMITMENTS AND CONTINGENCY - O

COMMITMENTS AND CONTINGENCY - Office Leases Commitment - short term (Details)	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)
Commitment and Contingencies [Line Items]
Total lease payments	¥ 8,776,349		$ 1,359,019
Office Leases Commitment [Member]
Commitment and Contingencies [Line Items]
2022	511,508	$ 79,207
Total lease payments	¥ 511,508	$ 79,207

COMMITMENTS AND CONTINGENCY - A

COMMITMENTS AND CONTINGENCY - Additional Information (Details) - 12 months ended Jun. 30, 2021 ¥ in Millions, $ in Millions	CNY (¥)	USD ($)
COMMITMENTS AND CONTINGENCY
Severance Costs	¥ 6.3	$ 0.9

RELATED PARTY TRANSACTIONS AN_3

RELATED PARTY TRANSACTIONS AND BALANCES - Sales to related party (Details)	12 Months Ended
	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)	Jun. 30, 2019CNY (¥)
Related Party Transaction [Line Items]
Total revenues from related party	¥ 85,657	$ 13,264	¥ 0	¥ 3,726,894
Urumqi Yikeli Automatic Control Equipment Co., Ltd. [Member]
Related Party Transaction [Line Items]
Total revenues from related party	¥ 85,657	$ 13,264	¥ 0	¥ 3,726,894

RELATED PARTY TRANSACTIONS AN_4

RELATED PARTY TRANSACTIONS AND BALANCES - Prepaid expenses (Details)	12 Months Ended
	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)
Related Party Transaction [Line Items]
Prepaid expenses related parties prepaid expenses	¥ 433,000	$ 67,050	¥ 0
Founders
Related Party Transaction [Line Items]
Prepaid expenses related parties prepaid expenses	363,000	56,210	0
Founder Family Member
Related Party Transaction [Line Items]
Prepaid expenses related parties prepaid expenses	¥ 70,000	$ 10,840	¥ 0

RELATED PARTY TRANSACTIONS AN_5

RELATED PARTY TRANSACTIONS AND BALANCES - Leases from related parties (Details)	12 Months Ended
	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)
Monthly Payment [Member]
Operating Leases annual rental expense	¥ 1,280,000	$ 200,000
Nanjing Recon [Member] | Founders
Lessee, Operating Lease, Period of Contract	April 1, 2020 - March 31, 2022	April 1, 2020 - March 31, 2022
Nanjing Recon [Member] | Founders | Monthly Payment [Member]
Operating Leases annual rental expense	¥ 40,000	$ 6,194
Bhd [Member] | Founders
Lessee, Operating Lease, Period of Contract	Jan 1, 2021- Dec 31, 2021	Jan 1, 2021- Dec 31, 2021
Bhd [Member] | Founders | Monthly Payment [Member]
Operating Leases annual rental expense	¥ 22,500	$ 3,484
Bhd [Member] | Founders' family member [Member]
Lessee, Operating Lease, Period of Contract	Mar 1, 2021 - Dec 31, 2021	Mar 1, 2021 - Dec 31, 2021
Bhd [Member] | Founders' family member [Member] | Monthly Payment [Member]
Operating Leases annual rental expense	¥ 31,667	$ 4,904
Recon BJ [Member] | Founders
Lessee, Operating Lease, Period of Contract	May 1, 2021 - Dec 31, 2021	May 1, 2021 - Dec 31, 2021
Recon BJ [Member] | Founders | Monthly Payment [Member]
Operating Leases annual rental expense	¥ 12,500	$ 1,936

RELATED PARTY TRANSACTIONS AN_6

RELATED PARTY TRANSACTIONS AND BALANCES - Additional Information (Details)	12 Months Ended
	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)	Jun. 30, 2020USD ($)
Related Party Transaction [Line Items]
Right of use assets	¥ 7,925,930		$ 1,227,332	¥ 2,549,914
Operating Lease, liabilities	7,018,933		1,086,883	2,539,064	$ 1,086,883
Monthly Payment [Member]
Related Party Transaction [Line Items]
Annual rental expense	1,280,000	$ 200,000
Related Party
Related Party Transaction [Line Items]
Right of use assets	352,775		54,627	803,503
Operating Lease, liabilities	352,775		$ 54,627	¥ 803,503
Related Party | Monthly Payment [Member]
Related Party Transaction [Line Items]
Annual rental expense	¥ 106,667

VARIABLE INTEREST ENTITIES (Det

VARIABLE INTEREST ENTITIES (Details)	12 Months Ended
	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2019CNY (¥)	Jun. 30, 2018CNY (¥)
Current assets
Cash	¥ 343,998,570		¥ 30,336,504	$ 53,268,248	$ 4,697,614	¥ 4,521,325	¥ 45,340,578
Notes receivable	6,305,633		4,180,885	976,429
Trade accounts receivable, net	26,686,888		48,244,015	4,132,470
Trade accounts receivable-related party, net	0		3,068,920	0
Inventories, net	3,644,522		1,985,723	564,355
Other receivables, net	6,939,676		6,350,802	1,074,610
Loans to third parties	50,476,782		3,200,377	7,816,340
Purchase advances, net	1,078,137		178,767	166,950
Contract costs, net	48,795,906		31,537,586	7,556,056
Prepaid expenses	146,071		198,294	22,619
Prepaid expenses - related parties	433,000			67,050
Total current assets	488,505,185		129,281,873	75,645,127
Property and equipment, net	27,138,768		29,756,879	4,202,444
Land use right, net	1,253,408		1,280,648	194,090
Investment in unconsolidated entity	27,931,795		31,541,850	4,325,244
Long-term other receivables, net	114,679		3,640	17,758
Right of use assets	7,925,930		2,549,914	1,227,332
Total Assets	566,516,660		194,414,804	87,725,220
Current liabilities
Short-term bank loans	15,000,000		9,520,000	2,322,753
Trade accounts payable	21,956,481		23,034,347	3,399,966
Other payables	9,862,762		2,609,486	1,527,251
Other payable- related parties	2,400,667		4,498,318	371,744
Accrued payroll and employees' welfare	1,954,484		1,917,635	302,652
Taxes payable	1,248,994		1,108,288	193,407
Short-term borrowings	530,000		200,000	82,071
Short-term borrowings - related parties	12,676,042		10,230,746	1,962,888
Operating lease liabilities - current	2,226,832		1,328,976	344,825	344,825
Total Current Liabilities	76,462,604		65,181,175	11,840,250
Operating lease liabilities - non-current	4,792,101		1,210,088	742,058	$ 742,058
Deferred tax liability	624,088			96,640
Total Liabilities	279,001,194		73,770,516	43,203,392
VIE
Current assets
Cash	4,293,380		6,388,098	664,831
Notes receivable	6,305,633		4,180,885	976,429
Trade accounts receivable, net	24,762,732		44,031,079	3,834,514
Trade accounts receivable-related party, net	0		3,068,920	0
Inventories, net	3,644,522		1,985,723	564,355
Other receivables, net	5,988,641		6,342,009	927,342
Loans to third parties	1,350,000		3,200,377	209,048
Purchase advances, net	1,078,137		75,195	166,950
Contract costs, net	48,795,906		31,537,586	7,556,056
Prepaid expenses	0		42,294	0
Prepaid expenses - related parties	433,000		0	67,050
Total current assets	96,651,951		100,852,166	14,966,575
Property and equipment, net	27,138,768		29,756,879	4,202,444
Construction in progress	1,253,408		1,280,648	194,090
Land use right, net	6,650,000		0	1,029,754
Investment in unconsolidated entity	0		4,000,000	0
Long-term other receivables, net	114,679		3,640	17,758
Goodwill	6,996,895		0	1,083,471
Right of use assets	7,925,930		2,549,914	1,227,332
Total Assets	146,731,631		138,443,247	22,721,424
Current liabilities
Short-term bank loans	15,000,000		9,520,000	2,322,753
Trade accounts payable	18,182,770		18,903,080	2,815,606
Other payables	2,096,830		1,115,209	324,695
Other payable- related parties	1,253,797		3,113,460	194,151
Advance from customers	7,686,276		3,486,033	1,190,221
Accrued payroll and employees' welfare	1,565,898		850,841	242,480
Taxes payable	1,249,052		1,108,265	193,416
Intercompany payables	95,284,791	$ 14,754,869	88,134,791
Short-term borrowings	530,000		200,000	82,071
Short-term borrowings - related parties	12,676,042		10,230,746	1,962,888
Long-term borrowings - related party - current portion	920,066		847,346	142,472
Operating lease liabilities - current	2,226,832		1,328,976	344,825
Total Current Liabilities	158,672,354		138,838,747	24,570,447
Operating lease liabilities - non-current	4,792,101		1,210,088	742,058
Long-term borrowings - related party	6,486,551		7,379,253	1,004,444
Deferred tax liability	624,088		0	96,640
Total Liabilities	170,575,094		147,428,088	26,413,589
Related Party
Current liabilities
Long-term borrowings - related party - current portion	920,066		847,346	142,472
Long-term borrowings - related party	¥ 6,486,551		¥ 7,379,253	$ 1,004,444

VARIABLE INTEREST ENTITIES - Ad

VARIABLE INTEREST ENTITIES - Additional Information (Details)	12 Months Ended
	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)	Jun. 30, 2019CNY (¥)
Variable Interest Entity [Line Items]
Revenues	¥ 47,938,575	$ 7,423,298	¥ 65,760,651	¥ 102,384,327
Operating expenses	68,793,976	10,652,760	39,783,428	54,108,938
Net income (loss)	22,832,734	3,535,654	19,246,701	25,355,905
VIE
Variable Interest Entity [Line Items]
Revenues	47,817,378	7,404,531	45,681,441	102,384,327
Operating expenses	(33,696,978)	(5,217,984)	20,811,514	21,501,642
Net income (loss)	¥ 29,155,914	$ 4,514,799	¥ 10,563,458	¥ 3,500,635

SEGMENT REPORTING (Details)

SEGMENT REPORTING (Details)	12 Months Ended
	Jun. 30, 2021CNY (¥)segment	Jun. 30, 2021USD ($)segment	Jun. 30, 2020CNY (¥)	Jun. 30, 2019CNY (¥)
Number of operating segments	4	4
Total revenue	¥ 47,938,575	$ 7,423,298	¥ 65,760,651	¥ 102,384,327
Automation product and software [Member]
Total revenue	18,535,166	2,870,175	51,413,830	63,577,177
Equipment and accessories [Member]
Total revenue	15,791,623	2,445,336	14,222,623	23,951,132
Oilfield environmental protection [Member]
Total revenue	11,043,979	1,710,162	124,198	14,856,018
Platform outsourcing services
Total revenue	¥ 2,567,807	$ 397,625	¥ 0	¥ 0

SEGMENT REPORTING - Company's r

SEGMENT REPORTING - Company's revenue (Details)	12 Months Ended
	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)	Jun. 30, 2019CNY (¥)
Revenue	¥ 47,938,575	$ 7,423,298	¥ 65,760,651	¥ 102,384,327
Cost of revenues and related tax	40,723,547	6,306,050	46,154,255	72,518,963
Gross profit	7,215,028	1,117,248	19,606,396	29,865,364
Depreciation and amortization	3,150,789	487,900	1,609,700	1,124,011
Total capital expenditures	522,416		3,868,886	6,342,779
Goods transferred at a point in time [Member]
Revenue	46,549,014		25,093,924	102,384,327
Services rendered over time [Member]
Revenue	1,389,561		40,666,727	0
Automation product and software [Member]
Revenue	18,535,166	2,870,175	51,413,830	63,577,177
Cost of revenues and related tax	19,942,541		38,257,914	49,356,155
Gross profit	(1,407,375)		13,155,916	14,221,022
Depreciation and amortization	277,496		98,756	78,760
Total capital expenditures	26,761		85,975	162,060
Automation product and software [Member] | Goods transferred at a point in time [Member]
Revenue	18,535,166		10,871,301	63,577,177
Automation product and software [Member] | Services rendered over time [Member]
Revenue	0		40,542,529	0
Equipment and accessories [Member]
Revenue	15,791,623	2,445,336	14,222,623	23,951,132
Cost of revenues and related tax	11,264,971		7,683,662	15,039,628
Gross profit	4,526,652		6,538,961	8,911,504
Depreciation and amortization	851,612		683,522	1,018,012
Total capital expenditures	136,224		0	1,573,896
Equipment and accessories [Member] | Goods transferred at a point in time [Member]
Revenue	15,791,623		14,222,623	23,951,132
Equipment and accessories [Member] | Services rendered over time [Member]
Revenue	0		0	0
Oilfield environmental protection [Member]
Revenue	11,043,979	1,710,162	124,198	14,856,018
Cost of revenues and related tax	8,045,567		212,679	8,123,180
Gross profit	2,998,412		(88,481)	6,732,838
Depreciation and amortization	2,000,952		827,422	27,239
Total capital expenditures	315,944		3,782,911	4,606,823
Oilfield environmental protection [Member] | Goods transferred at a point in time [Member]
Revenue	9,654,418		0	14,856,018
Oilfield environmental protection [Member] | Services rendered over time [Member]
Revenue	1,389,561		124,198	0
Platform outsourcing services
Revenue	2,567,807	$ 397,625	0	0
Cost of revenues and related tax	1,470,468		0	0
Gross profit	1,097,339		0	0
Depreciation and amortization	20,729		0	0
Total capital expenditures	43,487		0	0
Platform outsourcing services | Goods transferred at a point in time [Member]
Revenue	2,567,807		0	0
Platform outsourcing services | Services rendered over time [Member]
Revenue	¥ 0		¥ 0	¥ 0

SEGMENT REPORTING - Total asset

SEGMENT REPORTING - Total assets (Details)	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)
Assets [Abstract]
Total Assets	¥ 566,516,660	$ 87,725,220	¥ 194,414,804
Automation product and software [Member]
Assets [Abstract]
Total Assets	156,435,379	24,224,051	81,743,307
Equipment and accessories [Member]
Assets [Abstract]
Total Assets	160,299,200	24,822,364	61,578,632
Oilfield environmental protection [Member]
Assets [Abstract]
Total Assets	139,326,144	21,574,682	51,092,865
Platform outsourcing services
Assets [Abstract]
Total Assets	¥ 110,455,937	$ 17,104,123	¥ 0

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - Starry Blockchain Energy Pte. Ltd. - Subsequent event - CNY (¥) ¥ in Millions	Nov. 10, 2021	Oct. 21, 2021
Subsequent Event [Line Items]
Ownership interest (as a percent)		10.00%
Investment made		¥ 1
Shares issued	500,000

CONDENSED FINANCIAL INFORMATI_3

CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY - Additional Information (Details)	Jun. 30, 2021
VIE | Maximum
Condensed financial information of the parent company
Percent of consolidated net assets	25.00%

CONDENSED FINANCIAL INFORMATI_4

CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY - Parent company balance sheets (unaudited) (Details)	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)
Non-current assets
Total Assets	¥ 566,516,660	$ 87,725,220	¥ 194,414,804
LIABILITIES AND SHAREHOLDERS' EQUITY
Total Liabilities	279,001,194	43,203,392	73,770,516
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY
Additional paid-in capital	479,490,763	74,249,242	282,505,455
Accumulated deficit	(206,860,320)	(32,032,362)	(184,027,586)
Accumulated other comprehensive income	1,974,836	305,804	2,825,731
Total stockholders' equity	295,095,034	45,695,526	110,029,762
Total Liabilities and Equity	566,516,660	87,725,220	194,414,804
Class A ordinary shares
STOCKHOLDERS' EQUITY
Common stock value	16,340,826	2,530,380	4,577,233
RECON TECHNOLOGY, LTD
Non-current assets
Investment in subsidiaries and VIEs	295,095,034	45,695,526	110,029,762
Total Assets	295,095,034	45,695,526	110,029,762
LIABILITIES AND SHAREHOLDERS' EQUITY
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY
Additional paid-in capital	479,490,763	74,249,242	282,505,455
Accumulated deficit	(202,711,391)	(31,389,900)	(179,878,657)
Accumulated other comprehensive income	1,974,836	305,804	2,825,731
Total stockholders' equity	295,095,034	45,695,526	110,029,762
Total Liabilities and Equity	295,095,034	45,695,526	110,029,762
RECON TECHNOLOGY, LTD | Class A ordinary shares
STOCKHOLDERS' EQUITY
Common stock value	¥ 16,340,826	$ 2,530,380	¥ 4,577,233

CONDENSED FINANCIAL INFORMATI_5

CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY - Parent company balance sheets (unaudited) (Parenthetical) (Details) - $ / shares	Jun. 30, 2021	Jun. 14, 2021	Apr. 05, 2021	Jun. 30, 2020	Jun. 26, 2020	May 21, 2020	Dec. 26, 2019
Class A ordinary shares
Parent company balance sheets
Common shares, par value (in dollars per share)	$ 0.0925	$ 0.0925	$ 0.0925	$ 0.0925	$ 0.0925	$ 0.0925
Common shares, shares authorized	150,000,000		150,000,000	150,000,000
Common shares, shares issued	26,868,391			7,202,832
Common shares, shares outstanding	26,868,391			7,202,832			4,611,720
Class A ordinary shares | RECON TECHNOLOGY, LTD
Parent company balance sheets
Common shares, par value (in dollars per share)	$ 0.0925			$ 0.0925
Common shares, shares authorized	150,000,000			150,000,000
Common shares, shares issued	26,868,391			7,202,832
Common shares, shares outstanding	26,868,391			7,202,832
Class B ordinary shares
Parent company balance sheets
Common shares, par value (in dollars per share)	$ 0.0925		$ 0.0925	$ 0.0925
Common shares, shares authorized	20,000,000		20,000,000	20,000,000
Common shares, shares issued	0			0
Common shares, shares outstanding	0			0
Class B ordinary shares | RECON TECHNOLOGY, LTD
Parent company balance sheets
Common shares, par value (in dollars per share)	$ 0.0925			$ 0.0925
Common shares, shares authorized	20,000,000			20,000,000
Common shares, shares issued	0			0
Common shares, shares outstanding	0			0

CONDENSED FINANCIAL INFORMATI_6

CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY - Parent company statements of operations and comprehensive loss (unaudited) (Details)	12 Months Ended
	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)	Jun. 30, 2019CNY (¥)
Parent Company Statements Of Operations And Comprehensive Loss [Line Items]
NET LOSS	¥ (25,866,828)	$ (4,005,484)	¥ (20,122,604)	¥ (25,782,406)
FOREIGN CURRENCY TRANSLATION ADJUSTMENTS	(850,895)	(131,761)	(84,205)	1,393,843
COMPREHENSIVE LOSS	(26,717,723)	(4,137,245)	(20,206,809)	(24,388,563)
RECON TECHNOLOGY, LTD
Parent Company Statements Of Operations And Comprehensive Loss [Line Items]
EQUITY IN LOSS OF SUBSIDIARIES AND VIES	(22,832,734)	(3,535,654)	(19,246,701)	(25,355,905)
NET LOSS	(22,832,734)	(3,535,654)	(19,246,701)	(25,355,905)
FOREIGN CURRENCY TRANSLATION ADJUSTMENTS	(850,895)	(131,761)	(84,205)	1,393,843
COMPREHENSIVE LOSS	¥ (23,683,629)	$ (3,667,415)	¥ (19,330,906)	¥ (23,962,062)

CONDENSED FINANCIAL INFORMATI_7

CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY - Parent company statements of cash flows (unaudited) (Details)	12 Months Ended
	Jun. 30, 2021CNY (¥)	Jun. 30, 2021USD ($)	Jun. 30, 2020CNY (¥)	Jun. 30, 2019CNY (¥)
Parent Company Statements Of Cash Flow [Line Items]
Net loss	¥ (25,866,828)	$ (4,005,484)	¥ (20,122,604)	¥ (25,782,406)
Adjustments to reconcile net cash flows from operating activities:
Net cash used in operating activities	(34,050,468)	(5,272,722)	(5,230,676)	(32,212,172)
CHANGES IN CASH	313,662,066	48,570,634	25,815,179	(40,819,253)
Cash at beginning of year	30,336,504	4,697,614	4,521,325	45,340,578
Cash at end of year	343,998,570	53,268,248	30,336,504	4,521,325
RECON TECHNOLOGY, LTD
Parent Company Statements Of Cash Flow [Line Items]
Net loss	(22,832,734)	(3,535,654)	(19,246,701)	(25,355,905)
Adjustments to reconcile net cash flows from operating activities:
Equity in earnings of subsidiaries and VIEs	22,832,734	$ 3,535,654	19,246,701	25,355,905
Net cash used in operating activities	0		0	0
CHANGES IN CASH	0		0	0
Cash at beginning of year	0		0	0
Cash at end of year	¥ 0		¥ 0	¥ 0