Recon Technology (RCON) 10-K 25 Sep 15 2015 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Sep. 16, 2015	Dec. 31, 2014
Document Information [Line Items]
Entity Registrant Name	Recon Technology, Ltd
Entity Central Index Key	1,442,620
Current Fiscal Year End Date	--06-30
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		5,443,820
Document Type	10-K
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Trading Symbol	RCON
Entity Public Float			$ 6.7

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)
Current assets
Cash and cash equivalents	$ 2,027,481	¥ 12,344,929	¥ 18,094,586
Notes receivable	690,699	4,205,530	0
Trade accounts receivable, net	8,570,884	52,186,397	43,553,737
Trade accounts receivable- related parties, net	783,373	4,769,800	7,479,298
Inventories, net	1,781,140	10,845,007	14,336,602
Deferred tax asset	286,115	1,742,098	1,209,961
Total current assets	20,449,388	124,512,236	133,399,423
Property and equipment, net	438,010	2,666,953	1,321,538
Long-term other receivable	448,205	2,729,033	5,353,104
Total Assets	22,064,920	134,348,887	154,530,382
Current liabilities
Short-term bank loans	1,149,652	7,000,000	10,000,000
Trade accounts payable	2,238,058	13,627,088	11,413,505
Trade accounts payable- related parties	579,540	3,528,705	0
Deferred revenue	375,366	2,285,529	4,419,824
Advances from customers	86,996	529,700	801,385
Accrued payroll and employees' welfare	40,532	246,789	417,624
Accrued expenses	32,715	199,166	203,051
Taxes payable	189,400	1,153,216	7,589,846
Deferred tax liability	29,593	180,186	180,186
Warrants liability	0	0	5,021,621
Total current liabilities	8,553,422	52,080,043	50,325,873
Equity
Common stock, ($ 0.0185 U.S. dollar par value, 25,000,000 and 100,000,000 shares authorized as of June 30, 2014 and June 30, 2015, respectively); 4,717,336 and 5,427,946 shares issued and outstanding as of June 30, 2014 and June 30, 2015, respectively)	114,508	697,217	616,865
Additional paid-in capital	15,198,674	92,541,687	83,061,058
Appropriated retained earnings	681,403	4,148,929	4,148,929
Unappropriated retained earnings	(3,781,526)	(23,024,935)	8,431,453
Accumulated other comprehensive loss	(52,155)	(317,551)	(279,275)
Total shareholders’ equity	12,160,904	74,045,347	95,979,030
Non-controlling interest	1,350,594	8,223,497	8,225,479
Total equity	13,511,498	82,268,844	104,204,509
Total Liabilities and Equity	22,064,920	134,348,887	154,530,382
All Other [Member]
Current assets
Other receivables, net	2,966,852	18,064,568	18,293,043
Purchase advances, net	3,058,490	18,622,538	25,759,065
Prepaid expenses	135,711	826,314	2,634,664
Long-term trade accounts receivable, net	729,317	4,440,665
Current liabilities
Other payables	345,398	2,103,057	1,765,079
Related Party [Member]
Current assets
Trade accounts receivable, net	783,373	4,769,800	7,479,298
Other receivables, net	14,949	91,021	1,414,433
Purchase advances, net	64,715	394,034	394,034
Prepaid expenses	68,979	420,000	230,000
Long-term trade accounts receivable, net	0	0	14,456,317
Current liabilities
Other payables	707,808	4,309,702	3,306,024
Short-term borrowings	$ 2,778,364	¥ 16,916,905	¥ 5,207,728

CONSOLIDATED BALANCE SHEETS _Pa

CONSOLIDATED BALANCE SHEETS [Parenthetical] - $ / shares	Jun. 30, 2015	Jun. 30, 2014
Common shares, par value (in dollars per share)	$ 0.0185	$ 0.0185
Common shares, shares authorized	100,000,000	25,000,000
Common shares, shares issued	5,427,946	4,717,336
Common shares, shares outstanding	5,427,946	4,717,336

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)	12 Months Ended
	Jun. 30, 2015USD ($)$ / sharesshares	Jun. 30, 2015CNY (¥)¥ / sharesshares	Jun. 30, 2014CNY (¥)¥ / sharesshares
Revenues
Total revenues	$ 8,460,271	¥ 51,512,900	¥ 93,447,108
Cost of revenues
Provision for slow moving inventories	1,264,755	7,700,837	0
Total cost of revenues	6,799,489	41,400,727	61,030,247
Gross profit	1,660,782	10,112,173	32,416,861
Selling and distribution expenses	1,857,912	11,312,452	5,293,343
General and administrative expenses	4,951,245	30,147,141	16,198,947
Research and development expenses	684,669	4,168,813	8,094,333
Operating expenses	7,493,826	45,628,406	29,586,623
Income (loss) from operations	(5,833,044)	(35,516,233)	2,830,238
Other income (expenses)
Subsidy income	128,343	781,457	1,250,509
Interest income	48,203	293,499	384,182
Interest expense	(182,376)	(1,110,451)	(952,574)
Loss from investment	0	0	(1,535,250)
Change in fair value of warrants liability	662,573	4,034,272	60,647
Loss from foreign currency exchange	(3,152)	(19,190)	(188,495)
Loss from warrants redemption	(409,995)	(2,496,375)	0
Other expense	4,033	24,558	939,699
Income (loss) before income tax	(5,585,415)	(34,008,463)	2,788,956
Provision (benefit) for income tax	(419,143)	(2,552,075)	961,136
Net Income (loss)	(5,166,272)	(31,456,388)	1,827,820
Less: Net income attributable to non-controlling interest	0	0	1,020,632
Net Income (loss) attributable to Recon Technology, Ltd	(5,166,272)	(31,456,388)	807,188
Comprehensive income (loss)
Net income (loss)	(5,166,272)	(31,456,388)	1,827,820
Foreign currency translation adjustment	(6,286)	(38,276)	17,783
Comprehensive income (loss)	(5,172,558)	(31,494,664)	1,845,603
Comprehensive income (loss) attributable to non-controlling interest	(326)	(1,982)	1,022,410
Comprehensive income (loss) attributable to Recon Technology, Ltd	$ (5,172,232)	¥ (31,492,682)	¥ 823,193
Earnings (loss) per common share - basic (in dollars per share) | (per share)	$ (1.06)	¥ (6.45)	¥ 0.19
Earnings (loss) per common share - diluted (in dollars per share) | (per share)	$ (1.06)	¥ (6.45)	¥ 0.18
Weighted - average shares -basic (in shares)	4,876,504	4,876,504	4,303,955
Weighted - average shares -diluted (in shares)	4,876,504	4,876,504	4,368,162
Hardware And Software [Member]
Revenues
Total revenues	$ 8,044,435	¥ 48,980,953	¥ 86,229,283
Cost of revenues
Total cost of revenues	5,530,273	33,672,729	57,333,670
Hardware And Software [Member] | Related Party [Member]
Revenues
Total revenues	398,793	2,428,173	6,740,047
Cost of revenues
Total cost of revenues	4,461	27,161	3,619,470
Services [Member]
Revenues
Total revenues	17,043	103,774	477,778
Cost of revenues
Total cost of revenues	$ 0	¥ 0	¥ 77,107

CONSOLIDATED STATEMENTS OF EQUI

CONSOLIDATED STATEMENTS OF EQUITY	USD ($)	CNY (¥)	Shareholders' Equity [Member]CNY (¥)	Common Stock [Member]CNY (¥)shares	Additional Paid-in Capital [Member]CNY (¥)	Statutory Reserves [Member]CNY (¥)	Retained Earnings [Member]CNY (¥)	AOCI Attributable to Parent [Member]CNY (¥)	Noncontrolling Interest [Member]CNY (¥)
Opening Balance at Jun. 30, 2013	$ 14,572,231	¥ 88,727,410	¥ 81,526,419	¥ 529,979	¥ 69,516,447	¥ 3,023,231	¥ 8,749,963	¥ (293,201)	¥ 7,200,991
Opening Balance (in shares) at Jun. 30, 2013				3,951,811
Capital contribution in VIE	0	0	0
Stock issuance	1,164,040	7,087,605	7,087,605	¥ 61,937	7,025,668
Stock issuance (in shares)				546,500
Restricted shares issued for services	231,565	1,409,955	1,409,955	¥ 8,044	1,401,911
Restricted shares issued for services (in shares)				70,625
Restricted shares issued to redeem warrants | ¥		0
Stock options exercised	444,243	2,704,909	2,704,909	¥ 16,905	2,688,004
Stock options exercised (in shares)				148,400
Stock based payment	398,934	2,429,028	2,429,028		2,429,028
Net income (loss) for the year	300,194	1,827,820	807,188				807,188		1,020,632
Appropriation of statutory reserves	0	0	0			1,125,698	(1,125,698)
Foreign currency translation adjustment	2,923	17,782	13,926					13,926	3,856
Ending Balance at Jun. 30, 2014	17,114,130	104,204,509	95,979,030	¥ 616,865	83,061,058	4,148,929	8,431,453	(279,275)	8,225,479
Ending Balance (in shares) at Jun. 30, 2014				4,717,336
Stock issuance	392,857	2,392,027	2,392,027	¥ 33,497	2,358,530
Stock issuance (in shares)				297,197
Restricted shares issued for services	95,766	583,099	583,099	¥ 15,876	567,223
Restricted shares issued for services (in shares)				140,162
Restricted shares issued to redeem warrants	568,657	3,462,438	3,462,438	¥ 30,979	3,431,459
Restricted shares issued to redeem warrants (in shares)				273,251
Stock based payment	512,977	3,123,417	3,123,417		3,123,417
Net income (loss) for the year	(5,166,272)	(31,456,388)	(31,456,388)				(31,456,388)		0
Foreign currency translation adjustment	(6,618)	(40,258)	(38,276)					(38,276)	(1,982)
Ending Balance at Jun. 30, 2015	$ 13,511,498	¥ 82,268,844	¥ 74,045,347	¥ 697,217	¥ 92,541,687	¥ 4,148,929	¥ (23,024,935)	¥ (317,551)	¥ 8,223,497
Ending Balance (in shares) at Jun. 30, 2015				5,427,946

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS	12 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)
Cash flows from operating activities:
Net income (loss)	$ (5,166,272)	¥ (31,456,388)	¥ 1,827,820
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation	86,396	526,046	595,647
Loss (Gain) from disposal of equipment	(31,805)	(193,657)	128,902
Provision for doubtful accounts	(534,238)	3,252,868	1,518,778
Provision for slow moving inventories	1,264,755	7,700,837	0
Share based compensation	512,977	3,123,417	2,429,028
Loss from investment	0	0	1,535,250
Deferred tax benefit (provision)	(87,396)	(532,136)	(23,054)
Change in fair value of warrants liability	(662,573)	(4,034,272)	(60,647)
Restricted shares issued for services	260,390	1,585,462	407,593
Loss from warrants redemption	409,995	2,496,375	0
Income tax benefit	(419,143)	(2,552,075)	961,136
Changes in operating assets and liabilities:
Notes receivable	(690,699)	(4,205,530)	2,578,855
Trade accounts receivable	(532,982)	(3,245,218)	(5,291,233)
Inventories	(691,309)	(4,209,241)	(1,065,532)
Purchase advance, net	537,369	3,271,935	(6,879,156)
Tax recoverable	0	0	575,650
Deferred income	(350,528)	(2,134,295)	1,038,442
Advances from customers	(44,620)	(271,685)	330,685
Accrued payroll and employees' welfare	(28,057)	(170,835)	(1,575,159)
Accrued expenses	869	5,291	(285,679)
Taxes payable	(217,254)	(1,322,818)	835,418
Net cash used in operating activities	(2,480,349)	(15,102,337)	(7,960,044)
Cash flows from investing activities:
Purchase of property and equipment	(341,316)	(2,078,204)	(477,957)
Proceeds from disposal of equipment	65,760	400,400	141,716
Net cash used in investing activities	(275,556)	(1,677,804)	(336,241)
Cash flows from financing activities:
Proceeds from short-term bank loans	1,149,652	7,000,000	23,500,000
Repayments of short-term bank loans	(1,642,360)	(10,000,000)	(23,500,000)
Proceeds from sale of common stock, net of issuance costs	392,857	2,392,027	12,132,882
Proceeds from stock options exercised	0	0	2,704,909
Net cash provided by financing activities	1,821,710	11,092,027	13,971,865
Effect of exchange rate fluctuation on cash and cash equivalents	(10,106)	(61,543)	68,614
Net decrease in cash and cash equivalents	(944,301)	(5,749,657)	5,744,194
Cash and cash equivalents at beginning of year	2,971,782	18,094,586	12,350,392
Cash and cash equivalents at end of year	2,027,481	12,344,929	18,094,586
Supplemental cash flow information
Cash paid during the period for interest	174,177	1,060,529	939,416
Cash paid during the period for taxes	144,822	881,794	704,982
Non-cash investing and financing activities
Issuance of common stock to prepay professional services	0	0	1,002,721
Issuance of common stock to redeem warrants	568,657	3,462,438	0
All Other [Member]
Changes in operating assets and liabilities:
Other receivable, net	407,522	2,481,328	(981,099)
Prepaid expense	296,996	1,808,350	(146,708)
Trade accounts payable	363,550	2,213,583	4,029,340
Other payables	55,508	337,978	(199,612)
Cash flows from financing activities:
Repayment of short-term borrowings	0	0	(570,375)
Related Party [Member]
Changes in operating assets and liabilities:
Trade accounts receivable	708,803	4,315,755	(3,819,299)
Other receivable, net	217,352	1,323,412	(671,905)
Prepaid expense	(31,205)	(190,000)	136,000
Trade accounts payable	579,540	3,528,705	(3,994,718)
Other payables	164,840	1,003,678	(933,651)
Cash flows from financing activities:
Proceeds from short-term borrowings	2,997,307	18,250,000	5,007,728
Repayment of short-term borrowings	$ (1,075,746)	¥ (6,550,000)	¥ (5,303,279)

ORGANIZATION AND NATURE OF OPER

ORGANIZATION AND NATURE OF OPERATIONS	12 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	NOTE 1. ORGANIZATION AND NATURE OF OPERATIONS Organization – Recon Technology, Ltd (the “Company”) was incorporated under the laws of the Cayman Islands on August 21, 2007 by Mr. Yin Shenping, Mr. Chen Guangqiang and Mr. Li Hongqi (the “Founders”) as a limited liability company. The Company provides specialized oilfield equipment, automation systems, tools, chemicals and field services to petroleum companies mainly in the People’s Republic of China (the “PRC”). Its wholly owned subsidiary, Recon Technology Co., Limited (“Recon-HK”) was incorporated on September 6, 2007 in Hong Kong. Other than the equity interest in Recon-HK, the Company does not own any assets or conduct any operations. On November 15, 2007, Recon-HK established one wholly owned subsidiary, Jining Recon Technology Ltd. (“Recon-JN”) under the laws of the PRC. Other than the equity interest in Recon-JN, Recon-HK does not own any assets or conduct any operations. On November 19, 2010, Recon-CI established one wholly owned subsidiary, Recon Investment Ltd. (“Recon-IN”) under the laws of HK. Other than the equity interest in Recon-IN, Recon-CI does not own any assets or conduct any operations. On January 18, 2014, Recon-IN established one wholly owned subsidiary, Recon Hengda Technology (Beijing) Co., Ltd. (“Recon-BJ”) under the laws of the PRC. Other than the equity interest in Recon-BJ, Recon-IN does not own any assets or conduct any operations. The Company conducts its business through the following PRC legal entities that are consolidated as variable interest entities (“VIEs”) and operate in the Chinese oilfield equipment & service industry: 1. Beijing BHD Petroleum Technology Co., Ltd. (“BHD”), and 2. Nanjing Recon Technology Co., Ltd. (“Nanjing Recon”). On January 29, 2015, the Company increased its authorized shares from 25,000,000 100,000,000 Chinese laws and regulations currently do not prohibit or restrict foreign ownership in petroleum businesses. However, Chinese laws and regulations do prevent direct foreign investment in certain industries. However, on January 1, 2008, to protect the Company’s shareholders from possible future foreign ownership restrictions, the Founders, who also held the controlling interest of BHD and Nanjing Recon, reorganized the corporate and shareholding structure of these entities by entering into certain exclusive agreements with Recon-JN, which entitles Recon-JN to receive a majority of the residual returns. On May 29, 2009 Recon-JN and BHD and Nanjing Recon entered into an operating agreement to provide full guarantee for the performance of such contracts, agreements or transactions entered into by BHD and Nanjing Recon. As a result of the new agreement, Recon-JN absorbs 100 90 Recon-JN also entered into Share Pledge Agreements with the Founders, who pledged all their equity interest in these entities to Recon-JN. The Share Pledge Agreements, which were entered into by each Founder, pledged each of the Founders’ equity interest in BHD and Nanjing Recon as a guarantee for the service payment under the Service Agreement. The Service Agreement, entered into on January 1, 2008, between Recon-JN and BHD and Nanjing Recon, states that Recon-JN will provide technical consulting services to BHD and Nanjing Recon in exchange for 90 In addition, Recon-HK entered into Option Agreements to allow Recon-HK to acquire the Founders’ interest in these entities if or when permitted by the PRC laws. Based on these exclusive agreements, the Company consolidated BHD and Nanjing Recon as VIEs as required by Accounting Standards Codification (“ASC”) Topic 810, Consolidation On August 28, 2000, a Founder of the Company purchased a controlling interest in BHD which was organized under the laws of the PRC on June 29, 1999. Through December 15, 2010, the Founders held a 67.5 86.24 90 100 10 On July 4, 2003, Nanjing Recon was organized under the laws of the PRC. On August 27, 2007, the Founders of the Company purchased a majority ownership of Nanjing Recon from a related party who was a majority owner of Nanjing Recon. Through December 15, 2010, the Founders held 80 80 90 100 10 Nature of Operations – The Company engaged in (1) providing equipment, tools and other hardware related to oilfield production and management, including simple installations in connection with some projects; (2) service to improve production and efficiency of exploited oil wells, and (3) developing and selling its own specialized industrial automation control and information solutions. The products and services provided by the Company include: High-Efficiency Heating Furnaces - High-Efficiency Heating Furnaces are designed to remove the impurities and to prevent solidification blockage in transport pipes carrying crude petroleum. Crude petroleum contains certain impurities including water and natural gas, which must be removed before the petroleum can be sold. Multi-Purpose Fissure Shaper - Multipurpose fissure shapers improve the extractors’ ability to test for and extract petroleum which requires perforation into the earth before any petroleum extractor can test for the presence of oil. Horizontal Multistage Fracturing related Service - The Company mainly uses the Baker Hughes FracPoint™ system and provides related service to oilfield companies. The Baker Hughes FracPoint™ system provided a completion method using packers to isolate sections of the wellbore (stages) and frac sleeves to direct the frac treatment to the desired stage. The use of this type of completion eliminated the need for cementing the liner, coiled tubing operations, and wireline operations, while significantly reducing overall pumping time. Supervisory Control and Data Acquisition System (“SCADA”) - SCADA is an industrial computerized process control system for monitoring, managing and controlling petroleum extraction. SCADA integrates underground and aboveground activities of the petroleum extraction industry. This system can help to manage the oil extraction process in real-time to reduce the costs associated with extraction.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	NOTE 2. SIGNIFICANT ACCOUNTING POLICIES The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America and have been consistently applied. The consolidated financial statements include the accounts of the Company, all the subsidiaries and VIEs of the Company. All transactions and balances between the Company and its subsidiaries and VIEs have been eliminated upon consolidation. - A VIE is an entity that either (i) has insufficient equity to permit the entity to finance its activities without additional subordinated financial support or (ii) has equity investors who lack the characteristics of a controlling financial interest. A VIE is consolidated by its primary beneficiary. The primary beneficiary has both the power to direct the activities that most significantly impact the entity’s economic performance and the obligation to absorb losses or the right to receive benefits from the entity that could potentially be significant to the VIE. The Company performs ongoing assessments to determine whether an entity should be considered a VIE and whether an entity previously identified as a VIE continues to be a VIE and whether the Company continues to be the primary beneficiary. 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. - The Company’s functional currency is the Chinese Yuan (“RMB”) and the accompanying consolidated financial statements have been expressed in Chinese Yuan. The consolidated financial statements as of and for the year ended June 30, 2015 have been translated into United States dollars (“U.S. dollars”) solely for the convenience of the readers. The translation has been made at the rate of ¥6.0888 = US$1.00, the approximate exchange rate prevailing on June 30, 2015 - The preparation of the consolidated financial statements in conformity with U.S. GAAP requires that management make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Estimates are adjusted to reflect actual experience when necessary. Significant accounting estimates reflected in the Company’s consolidated financial statements include revenue recognition, allowance for doubtful accounts, allowance for inventory, deferred taxes, warrants liabilities, the useful lives of property and equipment and the fair value of share- based payments. Since the use of estimates is an integral component of the financial reporting process, actual results could differ from those estimates. - The U.S. GAAP accounting standards regarding fair value of financial instruments and related fair value measurements define fair value, establish a three-level valuation hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. 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. The carrying amounts reported in the consolidated balance sheets for trade accounts receivable, other receivables, purchase advances, trade accounts payable, accrued liabilities, advances from customers, short-term bank loan and short-term borrowings approximate fair value because of the immediate or short-term maturity of these financial instruments. Long-term borrowings approximate fair value because the interest rate charged approximates the market rate. Long-term other receivables approximate fair value because interest rate approximates the market rate. Long-term investment is carried measured at fair value on a non-recurring basis at June 30, 2014, since the Company recorded an impairment loss during 2014; the fair value was determined to be zero using level 1 inputs. (See Note 8.) The fair value of the warrants liability was determined using the Black-Scholes Model, as Level 2 inputs (See Note 13). Cash and cash equivalents are comprised of cash on hand, demand deposits and highly liquid short-term debt investments with stated original maturities of no more than three months. Since a majority of the bank accounts are located in the PRC, those bank balances are uninsured. - Accounts receivable are carried at original invoiced amount less a provision for any potential uncollectible amounts. Accounts are considered past due when the related receivables are more than a year old. Provision is made against trade accounts and other receivables to the extent they are considered to be doubtful. Accounts are written off after extensive efforts at collection. Other receivables arise from transactions with non-trade customers. - Purchase advances are the amounts prepaid to suppliers for purchases of inventory and are recognized as inventory when the final amount is paid to the suppliers and the inventory is delivered. - Inventories are stated at the lower of cost or market value, on a weighted average basis for BHD. Inventories are stated at the lower of cost or market value, on a first-in-first-out basis for Nanjing Recon. The methods of determining inventory costs are used consistently from year to year. Allowance for inventory obsolescence is provided when the market value of certain inventory items are lower than the cost. - Property and equipment are stated at cost. Depreciation on motor vehicles and office equipment is computed using the straight-line method over the estimated useful lives of the assets, which range from two to ten years. Leasehold improvements are amortized over the shorter of the lease term or the estimated useful life of the assets. Items Useful life Motor vehicles 5-10 years Office equipment 2-5 years Leasehold improvement 5 years Long-term investment in equity over which the Company has the ability to exercise significant influence but not control, and that, in general, are 20-50 percent owned, are stated at cost plus equity in undistributed net income (loss) of the investee. These investments are evaluated for impairment, in which an impairment loss would be recorded whenever a decline in the value of an equity investment below its carrying amount is determined to be “other than temporary.” In judging “other than temporary,” the Company would consider the length of time and extent to which the fair value of the investment has been less than the carrying amount of the investment, the near-term and longer-term operating and financial prospects of the investee, and the Company’s longer-term intent of retaining the investment in the investee. - The Company applies the ASC Topic 360 “Property, plant and equipment.” ASC Topic 360 requires that long-lived assets, such as property and equipment be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset or asset group may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to estimated undiscounted future cash flows expected to be generated by the asset. If the carrying amount of an asset exceeds its estimated undiscounted future cash flows, an impairment charge is recognized for the amount by which the carrying amount of the asset exceeds the fair value of the asset. Fair value is determined based on the estimated discounted future cash flows expected to be generated by the asset. There were no impairments at June 30, 2014 and 2015. - The Company recognizes revenue when the following four criteria are met: (1) persuasive evidence of an arrangement, (2) delivery has occurred or services have been provided, (3) the sales price is fixed or determinable, and (4) collectability is reasonably assured. Delivery does not occur until products have been shipped or services have been provided to the customers and the customers have signed a completion and acceptance report, risk of loss has transferred to the customers, customers’ acceptance provisions have lapsed, or the Company has objective evidence that the criteria specified in customers’ acceptance provisions have been satisfied. The sales price is not considered to be fixed or determinable until all contingencies related to the sale have been resolved. Hardware: Revenue from hardware sales is generally recognized when the product is shipped to the customer and when there are no unfulfilled company obligations that affect the customer’s final acceptance of the arrangement. Software: The Company sells self-developed software. For software sales, the Company recognizes revenues in accordance with ASC Topic 985 - 605 “Software Revenue Recognition”. Revenue from software is recognized according to project contracts. Contract costs are accumulated during the periods of installation and testing or commissioning. Usually this is short term. Revenue is not recognized until completion of the contracts and receipt of acceptance statements. Service: The Company provides services to improve software function and system operation on separated fixed-price contracts. Revenue is recognized on the completed contract method when acceptance is determined by a completion report signed by the customer. Deferred revenue represents unearned amounts billed to customers related to sales contracts. - Grants are given by the government to support local software companies’ operation and research and development. Grants related to research and development projects are recognized as subsidy income in the unaudited condensed consolidated statements of operations when received. Grants in the form of value-added-tax refund for software products are recognized when received. The Company accounts for share-based compensation in accordance with ASC Topic 718, Share-Based Payment - Income taxes are provided based upon the liability method of accounting pursuant to ASC Topic 740, Accounting for Income Taxes Under ASC Topic 740, 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. Income tax returns for the year prior to 2010 are no longer subject to examination by tax authorities. - Basic EPS is computed by dividing net income (loss) by the weighted average number of ordinary shares outstanding. Diluted EPS are computed by dividing net income (loss) by the weighted-average number of ordinary shares and dilutive potential ordinary share equivalents outstanding. Potentially dilutive ordinary shares consist of ordinary shares issuable upon the conversion of ordinary stock options, restricted shares and warrants (using the treasury stock method). For the year ended June 30, 2014, there were 64,207 In June 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Updates (“ASU”) 2015-10, “Technical Corrections and Improvements.” This ASU corrects for differences between original guidance and the Accounting Standards Codification (“ASC”) and makes minor improvements affecting several topics. We are currently in the process of evaluating this standard, but do not expect its adoption to have a material impact on our consolidated financial statements The amendments in this Update will apply to all reporting entities within the scope of the affected accounting guidance. In July 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Updates (“ASU”) 2015-11, “Inventory (Topic 330) - Simplifying the Measurement of Inventory.” The amendments in this Update do not apply to inventory that is measured using last-in, first-out (LIFO) or the retail inventory method. The amendments apply to all other inventory, which includes inventory that is measured using first-in, first-out (FIFO) or average cost. An entity should measure inventory within the scope of this Update at the lower of cost and net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. The amendments in this Update more closely align the measurement of inventory in GAAP with the measurement of inventory in International Financial Reporting Standards (IFRS). For public business entities, The amendments in this Update are effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. We are currently in the process of evaluating this standard, but do not expect its adoption to have a material impact on our consolidated financial statements.

TRADE ACCOUNTS RECEIVABLE, NET

TRADE ACCOUNTS RECEIVABLE, NET	12 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	NOTE 3. TRADE ACCOUNTS RECEIVABLE, NET June 30, 2014 June 30, 2015 June 30, 2015 Third Party RMB RMB U.S. Dollars Trade accounts receivable ¥ 48,284,531 ¥ 58,049,462 $ 9,533,810 Allowance for doubtful accounts (4,730,794) (5,863,065) (962,926) Total - third- party, net ¥ 43,553,737 ¥ 52,186,397 $ 8,570,884 June 30, 2014 June 30, 2015 June 30, 2015 Related Party RMB R MB U.S. Dollars Beijing Yabei Nuoda Science and Technology Co. Ltd. * ¥ 5,441,498 ¥ - $ - Beijing Langchen Construction Company ** 726,800 726,800 119,367 Xiamen Huangsheng Hitek Computer Network Co.Ltd. *** 100,000 980,000 160,951 Xiamen Henda Hitek Computer Network Co. Ltd. *** 1,211,000 3,063,000 503,055 Total - related-parties, net ¥ 7,479,298 ¥ 4,769,800 $ 783,373 June 30, 2014 June 30, 2015 June 30, 2015 Related Party – long-term RMB RMB U.S. Dollars Beijing Yabei Nuoda Science and Technology Co. Ltd. * ¥ 16,062,574 ¥ - $ - Allowance for doubtful accounts (1,606,257) - - Total - long-term trade accounts receivable, net ¥ 14,456,317 ¥ - $ - June 30, 2014 June 30, 2015 June 30, 2015 Third Party – long-term RMB RMB U.S. Dollars Beijing Yabei Nuoda Science and Technology Co. Ltd. * ¥ - ¥ 4,934,072 $ 810,352 Allowance for doubtful accounts - (493,407) (81,035) Total - long-term trade accounts receivable, net ¥ - ¥ 4,440,665 $ 729,317 2,467,036 * One of the Founders, Mr. Yin Shenping, was the legal representative of Yabei Nuoda before December 2013 and Chairman as of September 30, 2014. On October 30, 2014, Mr. Yin resigned from the chairman position and thus Yabei Nuoda is not a related party of the Company after October 30, 2014. Mr. Yin no longer has any equity interest in this company. ***On August 13, 2015, all of the outstanding balance was offset against the related payable (See Note 9) and the remaining balance was repaid.

OTHER RECEIVABLES, NET

OTHER RECEIVABLES, NET	12 Months Ended
	Jun. 30, 2015
Other Receivables [Abstract]
Other Receivables Disclosure [Text Block]	NOTE 4. OTHER RECEIVABLES, NET Third Party June 30, 2014 June 30, 2015 June 30, 2015 Current Portion RMB RMB U.S. Dollars Due from ENI (A) ¥ 2,523,145 ¥ 2,624,071 $ 430,967 Loans to third parties (B) 8,979,408 11,154,344 1,831,945 Business advance to staff (C) 6,371,923 3,927,238 644,994 Deposits for projects 495,961 543,800 89,312 Others 373,622 637,348 104,674 Allowance for doubtful accounts (451,016) (822,233) (135,040) Total ¥ 18,293,043 ¥ 18,064,568 $ 2,966,852 Third Party June 30, 2014 June 30, 2015 June 30, 2015 Non-Current Portion RMB RMB U.S. Dollars Due from ENI (A) ¥ 5,353,104 ¥ 2,729,033 $ 448,205 Total ¥ 5,353,104 ¥ 2,729,033 $ 448,205 (A) After ENI ceased to be a VIE of the Company, ENI in January 2012 agreed to repay the loan on a payment schedule, with interest accrued during the period at an annual rate of 4 1.2 4.8 1,777,653 699,147 (B) Loans to third-parties are mainly used for short-term funding to support cooperative companies. These loans are due on demand bearing no interest. (C) Business advance to staff represents advances for business travel and sundry expenses related to oilfield or on-site installation and inspection of products through customer approval and acceptance. Other receivables - related parties represent loans to related parties for working capital advances to related entities. Such advances are due-on-demand and non-interest bearing. Related Party June 30, 2014 June 30, 2015 June 30, 2015 Name of Related Party RMB RMB U.S. Dollars Beijing Yabei Nuoda Science and Technology Co. Ltd. * 500,000 - - Beijing Langchen Construction Company ** 913,780 91,021 14,949 Other - business advances 653 - - Total ¥ 1,414,433 ¥ 91,021 $ 14,949 * Not a related party after October 31, 2014. ** This was repaid on August 6, 2015.

PURCHASE ADVANCES

PURCHASE ADVANCES	12 Months Ended
	Jun. 30, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets Disclosure [Text Block]	NOTE 5. PURCHASE ADVANCES June 30, 2014 June 30, 2015 June 30, 2015 Third Party RMB RMB U.S. Dollars Prepayment for inventory purchase ¥ 27,119,326 ¥ 22,845,030 $ 3,751,976 Allowance for doubtful accounts (1,360,261) (4,222,492) (693,486) Total ¥ 25,759,065 ¥ 18,622,538 $ 3,058,490 June 30, 2014 June 30, 2015 June 30, 2015 Related Party RMB RMB U.S. Dollars Xiamen Huangsheng Hitek Computer Network Co. Ltd. (A) ¥ 394,034 ¥ 394,034 $ 64,715 Total ¥ 394,034 ¥ 394,034 $ 64,715 One of the Founders of the Company and his family member collectively own 57

INVENTORIES

INVENTORIES	12 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Inventory Disclosure [Text Block]	NOTE 6. INVENTORIES June 30, 2014 June 30, 2015 June 30, 2015 RMB RMB U.S. Dollars Small component parts ¥ 55,262 ¥ 55,332 $ 9,087 Purchased goods and raw materials 272,416 244,667 40,183 Work in process and goods on site 1,665,447 3,552,771 583,493 Finished goods 12,343,477 14,693,073 2,413,131 Allowance for slow moving inventory - (7,700,836) (1,264,754) Total inventories, net ¥ 14,336,602 ¥ 10,845,007 $ 1,781,140 Provisions for slow moving inventory was ¥ 0 7,700,836 1,264,754

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET	12 Months Ended
	Jun. 30, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	NOTE 7. PROPERTY AND EQUIPMENT, NET June 30, 2014 June 30, 2015 June 30, 2015 RMB RMB U.S. Dollars Motor vehicles ¥ 2,314,296 ¥ 3,790,474 $ 622,532 Office equipment and fixtures 709,165 797,791 131,026 Total property and equipment 3,023,461 4,588,265 753,558 Less: Accumulated depreciation (1,701,923) (1,921,312) (315,548) Property and equipment, net ¥ 1,321,538 ¥ 2,666,953 $ 438,010 Depreciation expense was ¥ 595,647 526,046 86,396

Long-term investment

Long-term investment	12 Months Ended
	Jun. 30, 2015
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments and Joint Ventures Disclosure [Text Block]	NOTE 8. Long-term investment On June 28, 2013, the Company purchased 2,800,000 0.089 1.5 250,000 50 24.02 16.92 1,535,250 250,000 On April 13, 2015, BHD reached an agreement to invest RMB 80 54.05

OTHER PAYABLES

OTHER PAYABLES	12 Months Ended
	Jun. 30, 2015
Other Liabilities Disclosure [Abstract]
Other Liabilities Disclosure [Text Block]	NOTE 9. OTHER PAYABLES June 30, 2014 June 30, 2015 June 30, 2015 Third Party RMB RMB U.S. Dollars Consulting services ¥ 777,863 ¥ 1,628,508 $ 267,460 Distributors and employees 973,707 413,703 67,945 Others 13,509 60,846 9,993 Total ¥ 1,765,079 ¥ 2,103,057 $ 345,398 June 30, 2014 June 30, 2015 June 30, 2015 Related Party RMB RMB U.S. Dollars Due to related parties (1) ¥ 2,560,648 ¥ 2,499,347 $ 410,483 Expenses paid by the major shareholders 439,071 1,558,738 256,001 Due to family member of one owner on behalf on Recon 50,000 - - Due to management staff on behalf of Recon 256,305 251,617 41,324 Total ¥ 3,306,024 ¥ 4,309,702 $ 707,808 (1) Includes an advance from Xiamen Henda Haitek for RMB 2,499,347

TAXES PAYABLE

TAXES PAYABLE	12 Months Ended
	Jun. 30, 2015
Taxes Payable [Abstract]
Taxes Payable Disclosure [Text Block]	NOTE 10. TAXES PAYABLE June 30, 2014 June 30, 2015 June 30, 2015 RMB RMB U.S. Dollars VAT payable ¥ 3,412,759 ¥ 23,885 $ 3,923 Enterprise income tax payable 4,134,210 1,127,131 185,115 Other taxes payable 42,877 2,200 362 Total taxes payable ¥ 7,589,846 ¥ 1,153,216 $ 189,400

SHORT-TERM BANK LOAN

SHORT-TERM BANK LOAN	12 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Short Term Bank Loan [Text Block]	NOTE 11. SHORT-TERM BANK LOAN June 30, 2014 June 30, 2015 June 30, 2015 RMB RMB U.S. Dollars Industrial and commercial bank, floating interest rate at 5.6%, paid off on December 24, 2014 ¥ 2,000,000 ¥ - - Industrial and commercial bank, floating interest rate at 6.0%, due on June 19, 2016 8,000,000 7,000,000 1,149,652 Total short-term bank loans ¥ 10,000,000 ¥ 7,000,000 $ 1,149,652 Interest expense for the short-term bank loan was ¥ 624,096 516,567 84,839

SHORT-TERM BORROWINGS DUE TO RE

SHORT-TERM BORROWINGS DUE TO RELATED PARTIES	12 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Short-term Debt [Text Block]	NOTE 12. SHORT-TERM BORROWINGS DUE TO RELATED PARTIES June 30, 2014 June 30, 2015 June 30, 2015 Short-term borrowings due to related parties: RMB RMB U.S. Dollars Short-term borrowing from a Founder, 6.6% annual interest, due on December 25, 2014 ¥ 5,007,728 ¥ - - Short-term borrowing from a Founder, 7.2% annual interest, due on October 20, 2015(B) - 6,013,200 987,584 Short-term borrowing from a Founder, 6.0% annual interest, due on October 2, 2015 - 3,403,431 558,966 Short-term borrowing from a Founder, 6.16% annual interest, due on October 12, 2015 - 1,600,274 262,823 Short-term borrowing from a Founder's family member, no interest, due on various dates.(A) - 5,700,000 936,145 Short-term borrowings from Xiamen Huasheng Haitian Computer Network Co. Ltd., no interest, due on November 14, 2015 (C) 200,000 200,000 32,847 Total short-term borrowings due to related parties ¥ 5,207,728 ¥ 16,916,905 $ 2,778,365 (A) On August 20, 2015, ¥ 1,500,000 246,354 (B) On August 19, 2015, the Company repaid ¥ 1,800,000 295,625 37,200 6,110 (C) On August 31, 2015, this obligation was satisfied. Interest expense for short-term borrowings due to related parties was ¥ 326,953 593,884 97,537

WARRANTS LIABILITY

WARRANTS LIABILITY	12 Months Ended
	Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Text Block]	Note 13 –WARRANTS LIABILITY In connection with the stock offering in November 2013, the Company issued warrants to certain institutional investors and placement agent to purchase 218,600 On February 13, 2015, the Company redeemed 163,950 204,938 1.25 shares of ordinary shares to exchange one warrant 54,650 68,313 1.25 shares of ordinary shares to exchange one warrant 2,496,375 409,995 According to ASC 815-40, if the strike price of the warrants is denominated in a currency other than the Company’s functional currency, the warrants are not considered indexed to the entity’s own stock. The Company’s functional currency is RMB and the strike price of the warrants is denominated in USD, as a result, the warrants are classified as liabilities with all future changes in the fair value of these warrants recognized in earnings until such time as the warrants are exercised or expired. June 30, June 30, 2015 2014 Annual dividend yield - - Exercised price - 5.38 Underlying price at grant date - 3.86 Expected life (years) - 2.42 Risk-free interest rate - 0.88 % Expected volatility - 220 % Expected volatility is based on the historical volatility of the Company’s common stock. The Company has no reason to believe future volatility over the expected remaining life of these warrants is likely to differ materially from historical volatility. The expected life is based on the remaining term of the warrants. The risk-free interest rate is based on U.S. Treasury securities according to the remaining term of the warrants. The expected dividend yield was based on the Company’s current and expected dividend policy. Fair Value Measurement at Carrying Value at Carrying Value at June 30, 2014 June 30, 2014 June 30, 2014 Level 1 Level 2 Level 3 RMB USD Warrants liability ¥ - ¥ 5,021,621 ¥ - ¥ 5,021,621 824,731 Change of warrants liability RMB USD Beginning balance - June 30, 2014 ¥ 5,021,621 $ 815,834 Warrant redemption (987,349) (153,261) Change of warrant liability (4,034,272) (662,573) Ending balance -June 30, 2015 ¥ - $ -

SHAREHOLDERS' EQUITY

SHAREHOLDERS' EQUITY	12 Months Ended
	Jun. 30, 2015
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	NOTE 14. SHAREHOLDERS’ EQUITY Stock offering – On November 25, 2013, the Company entered into a securities purchase agreement (“Purchase Agreement”) with certain institutional investors for the sale of 546,500 4.81 4.30 12,132,882 2.0 163,950 6.01 5.38 54,650 In addition to the above warrants issued to the placement agent, the Company granted 170,000 In June 2015, the Company entered into a securities purchase agreement with certain institutional investors for the sale of 297,197 4,000 1.64 288,105 2.12 5,092 2.00 1,294,922 212,673 2,392,027 0.6 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 50 4,148,929 4,148,929 681,403

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	12 Months Ended
	Jun. 30, 2015
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	NOTE 15. STOCK-BASED COMPENSATION Stock-Based Awards Plan 2009 Options Plan - The Company granted options to purchase 293,000 6.00 20 Stock price at grant date $ 6.00 Exercise price (per share) $ 6.00 Risk free rate of interest*** 4.6118 % Dividend yield 0.0 % Life of option (years)** 10 Volatility* 78 % Forfeiture rate**** 0 % * Volatility is projected using the performance of PHLX Oil Service Sector index. ** The life of options represents the period the option is expected to be outstanding. *** The risk-free interest rate is based on the Chinese international bond denominated in U.S. dollar, with a maturity that approximates the life of the option. **** Forfeiture rate is the estimated percentage of options forfeited by employees by leaving or being terminated before vesting. The Company recognizes compensation cost for awards with graded vesting on a straight-line basis over the requisite service period for the entire award. The grant date fair value of the options was ¥ 30.17 4.42 2012 Options Plan – The Company granted options to purchase 415,000 2.96 20 The Company recognizes compensation cost for awards with graded vesting on a straight-line basis over the requisite service period for the entire award. The grant date fair value of the options was ¥ 10.06 1.49 2015 Options Plan – The Company granted options to purchase 400,000 1.65 The Company recognizes compensation cost for awards with graded vesting on a straight-line basis over the requisite service period for the entire award. 10.13 1.65 Weighted Average Exercise Price Per Stock Options Shares Share Outstanding as of June 30, 2014 415,600 $ 4.37 Granted 400,000 1.65 Forfeited - - Exercised - - Outstanding as of June 30, 2015 815,600 $ 3.04 Outstanding Options Exercisable Options Average Average Remaining Remaining Average Exercise Contractual Average Exercise Contractual Price Number life (Years) Price Number life (Years) $ 6.00 193,000 4.08 $ 6.00 193,000 4.08 $ 2.96 222,600 6.74 $ 2.96 74,200 6.74 $ 1.65 400,000 9.60 - - - 815,600 Restricted Shares For the year ended June 30, 2015, the Company has granted restricted shares of common stock to senior management and consultants as follows: On July 19, 2014, the Company granted 50,000 190,000 3.8 10,000 On July 19, 2014, the Company decided to cancel 40,625 On December 13, 2013, the Company granted 95,181 135,181 4,207,496 688,782 2.99 On January 31, 2015, the Company granted 150,000 150,000 3,038,558 495,000 1.65 On February 2, 2015, the Company issued 24,000 43,440 1.81 On April 8, 2015, the Company granted 40,000 62,400 1.56 The Share-based compensation expense recorded for stock options granted were ¥ 1,657,479 1,294,629 211,204 5.0 0.8 2.33 The Share-based compensation expense recorded for restricted shares granted were ¥ 771,549 1,828,790 298,344 4.6 0.8 2.09 Restricted stock grants Shares Non-vested as of June 30, 2014 230,362 Granted 414,000 Non-vested adjustment 40,625 Cancelled (50,625) Vested (180,787) Non-vested as of June 30, 2015 453,575

INCOME TAX

INCOME TAX	12 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	NOTE 16. 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 The Company reapplied for high-technology enterprise approval and has passed all relevant reviews. Thus, for the calendar years 2014 and 2015, Nanjing Recon is subject to an income tax rate of 15 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 an income tax rate of 15 June 30, 2014 June 30, 2015 June 30, 2015 RMB RMB U.S. Dollars Allowance for doubtful receivables ¥ 1,209,961 ¥ 1,072,279 $ 176,107 Net operating loss carry forward - 669,819 110,008 Total deferred income tax assets ¥ 1,209,961 ¥ 1,742,098 $ 286,115 Deferred tax liability is comprised of the following: June 30, 2013 June 30, 2015 June 30, 2015 RMB RMB U.S. Dollars Income tax cost due to unpayable accounts ¥ 180,186 ¥ 180,186 $ 29,593 Total deferred income tax liability ¥ 180,186 ¥ 180,186 $ 29,593 For the year ended For the year ended For the year ended June 30, 2014 June 30, 2015 June 30, 2015 RMB RMB U.S. Dollars Income tax calculated at statutory rates ¥ 3,073,289 ¥ (6,108,744) $ (1,003,276) Nondeductible expenses (non-taxable income) 115,054 5,335,231 876,237 Benefit of favorable rate for high-technology companies (1,229,316) 385,650 63,338 Benefit of revenue exempted from enterprise income tax (794,651) (190,614) (31,306) Deferred income tax (benefit) (203,240) 137,683 22,612 Over-accrued tax of prior year - (2,111,281) (346,748) Provision (benefit) for income tax ¥ 961,136 ¥ (2,552,075) $ (419,143) For the years ended June 30, 2014 2015 2015 RMB RMB U.S. Dollars Current income taxes ¥ 1,164,376 ¥ (2,019,938) $ (331,746) Deferred income taxes provision (benefit) (203,240) (532,137) (87,397) Provision for income tax ¥ 961,136 ¥ (2,552,075) $ (419,143)

NON-CONTROLLING INTEREST

NON-CONTROLLING INTEREST	12 Months Ended
	Jun. 30, 2015
Noncontrolling Interest [Abstract]
Noncontrolling Interest Disclosure [Text Block]	NOTE 17. NON-CONTROLLING INTEREST Non-controlling interest consisted of the following: As of June 30, 2014 Nanjing BHD Recon Total Total RMB RMB RMB U.S. Dollars Paid-in capital ¥ 1,651,000 ¥ 200,000 ¥ 1,851,000 $ 300,721 Unappropriated retained earnings 3,152,687 3,250,513 6,403,200 1,040,291 Accumulated other comprehensive loss (16,868) (11,853) (28,721) (4,664) Total non-controlling interest ¥ 4,786,819 ¥ 3,438,660 ¥ 8,225,479 $ 1,336,348 As of June 30, 2015 Nanjing BHD Recon Total Total RMB RMB RMB U.S. Dollars Paid-in capital ¥ 1,651,000 ¥ 200,000 ¥ 1,851,000 $ 304,001 Unappropriated retained earnings 3,152,687 3,250,513 6,403,200 1,051,636 Accumulated other comprehensive loss (18,850) (11,853) (30,703) (5,043) Total non-controlling interest ¥ 4,784,837 ¥ 3,438,660 ¥ 8,223,497 $ 1,350,594

CONCENTRATIONS

CONCENTRATIONS	12 Months Ended
	Jun. 30, 2015
Risks and Uncertainties [Abstract]
Concentration Risk Disclosure [Text Block]	NOTE 18. CONCENTRATIONS For the years ended June 30, 2014 and 2015, the two largest customers, China National Petroleum Corporation (“CNPC”) and China Petroleum & Chemical Corporation Limited (“SINOPEC”), represented approximately 42.79 43.09 19.63 6.82 For the year ended June 30, 2014, two major suppliers accounted for 32.46 18

COMMITMENTS AND CONTINGENCY

COMMITMENTS AND CONTINGENCY	12 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE 19. COMMITMENTS AND CONTINGENCY (a) Office Leases The Company leases three offices in Beijing (two for BHD; one for Recon-JN) and one office in Nanjing for Nanjing Recon. Future payments under such leases are as follows as of June 30, 2015: Twelve months ending June 30, Office lease payment RMB U.S. Dollars 2016 ¥ 973,333 $ 159,856 Total ¥ 973,333 $ 159,856 (b) 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, 2015, the Company estimated its severance payments of approximately ¥1.5 million ($0.3 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.

RELATED PARTY TRANSACTIONS AND

RELATED PARTY TRANSACTIONS AND BALANCES	12 Months Ended
	Jun. 30, 2015
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	NOTE 20. RELATED PARTY TRANSACTIONS AND BALANCES – sales to related parties consisted of the following: For the years ended June 30, 2014 2015 2015 RMB RMB U.S. Dollars Beijing Yabei Nuoda Science and Technology Co. Ltd. * ¥ 4,680,389 ¥ - $ - Beijing Langchen Construction Company 640,000 - - Xiamen Henda Haitian computer network Inc 1,334,188 1,676,036 275,266 Xiamen Huangsheng Hitek Computer Network Co. Ltd. 85,470 752,137 123,527 Revenues from related parties ¥ 6,740,047 ¥ 2,428,173 $ 398,793 * Not a related party after October 31, 2014, (See Note 3). purchases from related parties consisted of the following: For the years ended June 30, 2014 2015 2015 RMB RMB U.S. Dollars Huanghua Heng Da Xiang Tong Manufacture Ltd ¥ - ¥ 862,782 $ 141,700 Xiamen Huangsheng Hitek Computer Network Co. Ltd. - 797,587 130,992 Purchase from related parties ¥ - ¥ 1,660,369 $ 272,692 Leases from related parties - The Company has various agreements for the lease of office space owned by the Founders and their family members. The terms of the agreement state that the Company will continue to lease the property at a monthly rent of ¥ 95,000 1.1 0.2 Short-term borrowings from related parties - The Company borrowed ¥ 5,207,728 16,916,905 2,778,364 Expenses paid by the owner on behalf of Recon - One owner of Nanjing Recon, Mr. Yin and the major owner of BHD, Mr. Chen paid certain operating expense for the Company. As of June 30, 2014 and June 30, 2015, ¥ 284,370 1,558,738 256,001

VARIABLE INTEREST ENTITIES

VARIABLE INTEREST ENTITIES	12 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Disclosure Of Variable Interest Entities [Text Block]	NOTE 21. Variable Interest Entities The Company reports its VIEs’ portion of consolidated net income and stockholders’ equity as non-controlling interests in the consolidated financial statements. Summary information regarding consolidated VIEs is as follows: June 30, 2014 June 30, 2015 June 30, 2015 RMB RMB U.S. Dollars ASSETS Current Assets Cash and cash equivalents ¥ 14,021,653 ¥ 7,096,901 $ 1,165,566 Notes receivable - 4,205,530 690,699 Trade accounts receivable, net 51,033,035 56,956,197 9,354,257 Purchase advances 24,600,379 19,016,573 3,123,205 Other assets 34,097,774 28,792,279 4,728,728 Total current assets ¥ 123,752,841 ¥ 116,067,480 $ 19,062,455 Non-current assets 15,758,115 7,088,383 1,164,167 Total Assets ¥ 139,510,956 ¥ 123,155,863 $ 20,226,622 LIABILITIES Trade accounts payable ¥ 11,413,505 ¥ 17,155,793 $ 2,817,598 Taxes payable 7,589,846 1,153,216 189,400 Other liabilities 21,878,699 31,386,734 5,154,831 Total current liabilities 40,882,050 49,695,743 8,161,829 Total Liabilities ¥ 40,882,050 ¥ 49,695,743 $ 8,161,829 The financial performance of VIEs reported in the consolidated statement of operations and comprehensive income for the year ended June 30, 2015 includes revenues of ¥51,512,900 ($8,460,271), operating expenses of ¥34,257,359 ($5,626,291), and net loss of ¥21,882,903 ($3,593,960).

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Jun. 30, 2015
Earnings Per Share, Basic [Abstract]
Earnings Per Share [Text Block]	NOTE 22. EARNINGS PER SHARE For the years ended June 30, 2014 2015 2015 RMB RMB U.S. Dollars BASIC Weighted average number of common shares outstanding used in computing basic earnings (loss) per share 4,303,955 4,876,504 4,876,504 Net income (loss) attributable to common stockholders ¥ 807,188 ¥ (31,456,388) $ (5,166,272) Earnings (loss) per share attributable to common stockholders ¥ 0.19 ¥ (6.45) $ (1.06) DILUTED Weighted average number of common shares outstanding used in computing basic earnings (loss) per share 4,303,955 4,876,504 4,876,504 Add: Assumed exercise of stock options, stock awards and warrants 64,207 - - Weighted average number of common shares outstanding 4,368,162 4,876,504 4,876,504 Net income (loss) attributable to common stockholders ¥ 807,188 ¥ (31,456,388) $ (5,166,272) Earnings (loss) per share attributable to common stockholders ¥ 0.18 ¥ (6.45) $ (1.06)

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Jun. 30, 2015
Subsequent Events [Abstract]
Subsequent Events [Text Block]	NOTE 23. SUBSEQUENT EVENTS On May 13, 2015, the Company entered into an Equity Distribution Agreement with Maxim Group LLC to create an at-the-market equity program (the “ATM Offering”) under which it may sell up to $ 10,000,000 313,071 15,874 On July 11, 2015, the Company’s board approved to reserve 800,000 On July 29, 2015, the Company entered into an acquisition memorandum of understanding with a Qinghai oilfield service company. Negotiations are still on going and no official document is signed as of the date of this report. On August 19, 2015, the Company repaid ¥ 1,800,000 295,625 37,200 6,110 On August 20, 2015, the Company repaid ¥ 1,500,000 246,354

SIGNIFICANT ACCOUNTING POLICI30

SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of presentation - The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America and have been consistently applied.
Consolidation, Policy [Policy Text Block]	Principles of Consolidation - The consolidated financial statements include the accounts of the Company, all the subsidiaries and VIEs of the Company. All transactions and balances between the Company and its subsidiaries and VIEs have been eliminated upon consolidation.
Consolidation, Variable Interest Entity, Policy [Policy Text Block]	Variable Interest Entities - A VIE is an entity that either (i) has insufficient equity to permit the entity to finance its activities without additional subordinated financial support or (ii) has equity investors who lack the characteristics of a controlling financial interest. A VIE is consolidated by its primary beneficiary. The primary beneficiary has both the power to direct the activities that most significantly impact the entity’s economic performance and the obligation to absorb losses or the right to receive benefits from the entity that could potentially be significant to the VIE. The Company performs ongoing assessments to determine whether an entity should be considered a VIE and whether an entity previously identified as a VIE continues to be a VIE and whether the Company continues to be the primary beneficiary. 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.
Foreign Currency Transactions and Translations Policy [Policy Text Block]	Currency Translation - The Company’s functional currency is the Chinese Yuan (“RMB”) and the accompanying consolidated financial statements have been expressed in Chinese Yuan. The consolidated financial statements as of and for the year ended June 30, 2015 have been translated into United States dollars (“U.S. dollars”) solely for the convenience of the readers. The translation has been made at the rate of ¥6.0888 = US$1.00, the approximate exchange rate prevailing on June 30, 2015
Use of Estimates, Policy [Policy Text Block]	- The preparation of the consolidated financial statements in conformity with U.S. GAAP requires that management make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Estimates are adjusted to reflect actual experience when necessary. Significant accounting estimates reflected in the Company’s consolidated financial statements include revenue recognition, allowance for doubtful accounts, allowance for inventory, deferred taxes, warrants liabilities, the useful lives of property and equipment and the fair value of share- based payments. Since the use of estimates is an integral component of the financial reporting process, actual results could differ from those estimates.
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Values of Financial Instruments - The U.S. GAAP accounting standards regarding fair value of financial instruments and related fair value measurements define fair value, establish a three-level valuation hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. 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. The carrying amounts reported in the consolidated balance sheets for trade accounts receivable, other receivables, purchase advances, trade accounts payable, accrued liabilities, advances from customers, short-term bank loan and short-term borrowings approximate fair value because of the immediate or short-term maturity of these financial instruments. Long-term borrowings approximate fair value because the interest rate charged approximates the market rate. Long-term other receivables approximate fair value because interest rate approximates the market rate. Long-term investment is carried measured at fair value on a non-recurring basis at June 30, 2014, since the Company recorded an impairment loss during 2014; the fair value was determined to be zero using level 1 inputs. (See Note 8.) The fair value of the warrants liability was determined using the Black-Scholes Model, as Level 2 inputs (See Note 13).
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents - Cash and cash equivalents are comprised of cash on hand, demand deposits and highly liquid short-term debt investments with stated original maturities of no more than three months. Since a majority of the bank accounts are located in the PRC, those bank balances are uninsured.
Trade and Other Accounts Receivable, Policy [Policy Text Block]	Trade Accounts and Other Receivables - Accounts receivable are carried at original invoiced amount less a provision for any potential uncollectible amounts. Accounts are considered past due when the related receivables are more than a year old. Provision is made against trade accounts and other receivables to the extent they are considered to be doubtful. Accounts are written off after extensive efforts at collection. Other receivables arise from transactions with non-trade customers.
Purchase Advances [Policy Text Block]	Purchase Advances - Purchase advances are the amounts prepaid to suppliers for purchases of inventory and are recognized as inventory when the final amount is paid to the suppliers and the inventory is delivered.
Inventory, Policy [Policy Text Block]	Inventories - Inventories are stated at the lower of cost or market value, on a weighted average basis for BHD. Inventories are stated at the lower of cost or market value, on a first-in-first-out basis for Nanjing Recon. The methods of determining inventory costs are used consistently from year to year. Allowance for inventory obsolescence is provided when the market value of certain inventory items are lower than the cost.
Property, Plant and Equipment, Policy [Policy Text Block]	Property and Equipment - Property and equipment are stated at cost. Depreciation on motor vehicles and office equipment is computed using the straight-line method over the estimated useful lives of the assets, which range from two to ten years. Leasehold improvements are amortized over the shorter of the lease term or the estimated useful life of the assets. Items Useful life Motor vehicles 5-10 years Office equipment 2-5 years Leasehold improvement 5 years
Equity Method Investments, Policy [Policy Text Block]	Long-term investment – Long-term investment in equity over which the Company has the ability to exercise significant influence but not control, and that, in general, are 20-50 percent owned, are stated at cost plus equity in undistributed net income (loss) of the investee. These investments are evaluated for impairment, in which an impairment loss would be recorded whenever a decline in the value of an equity investment below its carrying amount is determined to be “other than temporary.” In judging “other than temporary,” the Company would consider the length of time and extent to which the fair value of the investment has been less than the carrying amount of the investment, the near-term and longer-term operating and financial prospects of the investee, and the Company’s longer-term intent of retaining the investment in the investee.
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	Long-Lived Assets - The Company applies the ASC Topic 360 “Property, plant and equipment.” ASC Topic 360 requires that long-lived assets, such as property and equipment be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset or asset group may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to estimated undiscounted future cash flows expected to be generated by the asset. If the carrying amount of an asset exceeds its estimated undiscounted future cash flows, an impairment charge is recognized for the amount by which the carrying amount of the asset exceeds the fair value of the asset. Fair value is determined based on the estimated discounted future cash flows expected to be generated by the asset. There were no impairments at June 30, 2014 and 2015.
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition - The Company recognizes revenue when the following four criteria are met: (1) persuasive evidence of an arrangement, (2) delivery has occurred or services have been provided, (3) the sales price is fixed or determinable, and (4) collectability is reasonably assured. Delivery does not occur until products have been shipped or services have been provided to the customers and the customers have signed a completion and acceptance report, risk of loss has transferred to the customers, customers’ acceptance provisions have lapsed, or the Company has objective evidence that the criteria specified in customers’ acceptance provisions have been satisfied. The sales price is not considered to be fixed or determinable until all contingencies related to the sale have been resolved. Hardware: Revenue from hardware sales is generally recognized when the product is shipped to the customer and when there are no unfulfilled company obligations that affect the customer’s final acceptance of the arrangement. Software: The Company sells self-developed software. For software sales, the Company recognizes revenues in accordance with ASC Topic 985 - 605 “Software Revenue Recognition”. Revenue from software is recognized according to project contracts. Contract costs are accumulated during the periods of installation and testing or commissioning. Usually this is short term. Revenue is not recognized until completion of the contracts and receipt of acceptance statements. Service: The Company provides services to improve software function and system operation on separated fixed-price contracts. Revenue is recognized on the completed contract method when acceptance is determined by a completion report signed by the customer. Deferred revenue represents unearned amounts billed to customers related to sales contracts.
Subsidy Income [Policy Text Block]	Subsidy Income - Grants are given by the government to support local software companies’ operation and research and development. Grants related to research and development projects are recognized as subsidy income in the unaudited condensed consolidated statements of operations when received. Grants in the form of value-added-tax refund for software products are recognized when received.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Share-Based Compensation - The Company accounts for share-based compensation in accordance with ASC Topic 718, Share-Based Payment
Income Tax, Policy [Policy Text Block]	Income Taxes - Income taxes are provided based upon the liability method of accounting pursuant to ASC Topic 740, Accounting for Income Taxes Under ASC Topic 740, 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. Income tax returns for the year prior to 2010 are no longer subject to examination by tax authorities.
Earnings Per Share, Policy [Policy Text Block]	Earnings (loss) per Share (“EPS”) - Basic EPS is computed by dividing net income (loss) by the weighted average number of ordinary shares outstanding. Diluted EPS are computed by dividing net income (loss) by the weighted-average number of ordinary shares and dilutive potential ordinary share equivalents outstanding. Potentially dilutive ordinary shares consist of ordinary shares issuable upon the conversion of ordinary stock options, restricted shares and warrants (using the treasury stock method). For the year ended June 30, 2014, there were 64,207
New Accounting Pronouncements, Policy [Policy Text Block]	In June 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Updates (“ASU”) 2015-10, “Technical Corrections and Improvements.” This ASU corrects for differences between original guidance and the Accounting Standards Codification (“ASC”) and makes minor improvements affecting several topics. We are currently in the process of evaluating this standard, but do not expect its adoption to have a material impact on our consolidated financial statements The amendments in this Update will apply to all reporting entities within the scope of the affected accounting guidance. In July 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Updates (“ASU”) 2015-11, “Inventory (Topic 330) - Simplifying the Measurement of Inventory.” The amendments in this Update do not apply to inventory that is measured using last-in, first-out (LIFO) or the retail inventory method. The amendments apply to all other inventory, which includes inventory that is measured using first-in, first-out (FIFO) or average cost. An entity should measure inventory within the scope of this Update at the lower of cost and net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. The amendments in this Update more closely align the measurement of inventory in GAAP with the measurement of inventory in International Financial Reporting Standards (IFRS). For public business entities, The amendments in this Update are effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. We are currently in the process of evaluating this standard, but do not expect its adoption to have a material impact on our consolidated financial statements.

TRADE ACCOUNTS RECEIVABLE, NET

TRADE ACCOUNTS RECEIVABLE, NET (Tables)	12 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Schedule Of Accounts Receivable Third Party [Table Text Block]	Accounts receivable consisted of the following: June 30, 2014 June 30, 2015 June 30, 2015 Third Party RMB RMB U.S. Dollars Trade accounts receivable ¥ 48,284,531 ¥ 58,049,462 $ 9,533,810 Allowance for doubtful accounts (4,730,794) (5,863,065) (962,926) Total - third- party, net ¥ 43,553,737 ¥ 52,186,397 $ 8,570,884 June 30, 2014 June 30, 2015 June 30, 2015 Third Party – long-term RMB RMB U.S. Dollars Beijing Yabei Nuoda Science and Technology Co. Ltd. * ¥ - ¥ 4,934,072 $ 810,352 Allowance for doubtful accounts - (493,407) (81,035) Total - long-term trade accounts receivable, net ¥ - ¥ 4,440,665 $ 729,317 2,467,036 * One of the Founders, Mr. Yin Shenping, was the legal representative of Yabei Nuoda before December 2013 and Chairman as of September 30, 2014. On October 30, 2014, Mr. Yin resigned from the chairman position and thus Yabei Nuoda is not a related party of the Company after October 30, 2014. Mr. Yin no longer has any equity interest in this company. ***On August 13, 2015, all of the outstanding balance was offset against the related payable (See Note 9) and the remaining balance was repaid.
Schedule Of Accounts Receivable Related Party [Table Text Block]	June 30, 2014 June 30, 2015 June 30, 2015 Related Party RMB R MB U.S. Dollars Beijing Yabei Nuoda Science and Technology Co. Ltd. * ¥ 5,441,498 ¥ - $ - Beijing Langchen Construction Company ** 726,800 726,800 119,367 Xiamen Huangsheng Hitek Computer Network Co.Ltd. *** 100,000 980,000 160,951 Xiamen Henda Hitek Computer Network Co. Ltd. *** 1,211,000 3,063,000 503,055 Total - related-parties, net ¥ 7,479,298 ¥ 4,769,800 $ 783,373 June 30, 2014 June 30, 2015 June 30, 2015 Related Party – long-term RMB RMB U.S. Dollars Beijing Yabei Nuoda Science and Technology Co. Ltd. * ¥ 16,062,574 ¥ - $ - Allowance for doubtful accounts (1,606,257) - - Total - long-term trade accounts receivable, net ¥ 14,456,317 ¥ - $ - * The receivable from Beijing Yabei Nuoda Science and Technology Co. Ltd. (“Yabei Nuoda”) was recognized primarily from the sale of automation system and services based on written contracts. Based on the repayment agreement signed on September 2, 2015, the outstanding balance will be collected in two years beginning 2017, with each installment of ¥ 2,467,036 * One of the Founders, Mr. Yin Shenping, was the legal representative of Yabei Nuoda before December 2013 and Chairman as of September 30, 2014. On October 30, 2014, Mr. Yin resigned from the chairman position and thus Yabei Nuoda is not a related party of the Company after October 30, 2014. Mr. Yin no longer has any equity interest in this company. ***On August 13, 2015, all of the outstanding balance was offset against the related payable (See Note 9) and the remaining balance was repaid.

OTHER RECEIVABLES, NET (Tables)

OTHER RECEIVABLES, NET (Tables)	12 Months Ended
	Jun. 30, 2015
Other Receivables [Abstract]
Schedule Of Other Receivables [Table Text Block]	Other receivables consisted of the following: Third Party June 30, 2014 June 30, 2015 June 30, 2015 Current Portion RMB RMB U.S. Dollars Due from ENI (A) ¥ 2,523,145 ¥ 2,624,071 $ 430,967 Loans to third parties (B) 8,979,408 11,154,344 1,831,945 Business advance to staff (C) 6,371,923 3,927,238 644,994 Deposits for projects 495,961 543,800 89,312 Others 373,622 637,348 104,674 Allowance for doubtful accounts (451,016) (822,233) (135,040) Total ¥ 18,293,043 ¥ 18,064,568 $ 2,966,852 Third Party June 30, 2014 June 30, 2015 June 30, 2015 Non-Current Portion RMB RMB U.S. Dollars Due from ENI (A) ¥ 5,353,104 ¥ 2,729,033 $ 448,205 Total ¥ 5,353,104 ¥ 2,729,033 $ 448,205 (A) After ENI ceased to be a VIE of the Company, ENI in January 2012 agreed to repay the loan on a payment schedule, with interest accrued during the period at an annual rate of 4 1.2 4.8 1,777,653 699,147 (B) Loans to third-parties are mainly used for short-term funding to support cooperative companies. These loans are due on demand bearing no interest. (C) Business advance to staff represents advances for business travel and sundry expenses related to oilfield or on-site installation and inspection of products through customer approval and acceptance.
Schedule Of Other Receivables Related Party [Table Text Block]	Related Party June 30, 2014 June 30, 2015 June 30, 2015 Name of Related Party RMB RMB U.S. Dollars Beijing Yabei Nuoda Science and Technology Co. Ltd. * 500,000 - - Beijing Langchen Construction Company ** 913,780 91,021 14,949 Other - business advances 653 - - Total ¥ 1,414,433 ¥ 91,021 $ 14,949 * Not a related party after October 31, 2014. ** This was repaid on August 6, 2015.

PURCHASE ADVANCES (Tables)

PURCHASE ADVANCES (Tables)	12 Months Ended
	Jun. 30, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule Of Purchase Advances [Table Text Block]	The Company purchased products and services from a third-party and a related party during the normal course of business. Purchase advances consisted of the following: June 30, 2014 June 30, 2015 June 30, 2015 Third Party RMB RMB U.S. Dollars Prepayment for inventory purchase ¥ 27,119,326 ¥ 22,845,030 $ 3,751,976 Allowance for doubtful accounts (1,360,261) (4,222,492) (693,486) Total ¥ 25,759,065 ¥ 18,622,538 $ 3,058,490
Schedule Of Purchase Advances To Related Party [Table Text Block]	Below is a summary of purchase advances to related party. June 30, 2014 June 30, 2015 June 30, 2015 Related Party RMB RMB U.S. Dollars Xiamen Huangsheng Hitek Computer Network Co. Ltd. (A) ¥ 394,034 ¥ 394,034 $ 64,715 Total ¥ 394,034 ¥ 394,034 $ 64,715

INVENTORIES (Tables)

INVENTORIES (Tables)	12 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Schedule of Inventory, Current [Table Text Block]	June 30, 2014 June 30, 2015 June 30, 2015 RMB RMB U.S. Dollars Small component parts ¥ 55,262 ¥ 55,332 $ 9,087 Purchased goods and raw materials 272,416 244,667 40,183 Work in process and goods on site 1,665,447 3,552,771 583,493 Finished goods 12,343,477 14,693,073 2,413,131 Allowance for slow moving inventory - (7,700,836) (1,264,754) Total inventories, net ¥ 14,336,602 ¥ 10,845,007 $ 1,781,140

PROPERTY AND EQUIPMENT, NET (Ta

PROPERTY AND EQUIPMENT, NET (Tables)	12 Months Ended
	Jun. 30, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	Property and equipment consisted of the following: June 30, 2014 June 30, 2015 June 30, 2015 RMB RMB U.S. Dollars Motor vehicles ¥ 2,314,296 ¥ 3,790,474 $ 622,532 Office equipment and fixtures 709,165 797,791 131,026 Total property and equipment 3,023,461 4,588,265 753,558 Less: Accumulated depreciation (1,701,923) (1,921,312) (315,548) Property and equipment, net ¥ 1,321,538 ¥ 2,666,953 $ 438,010

OTHER PAYABLES (Tables)

OTHER PAYABLES (Tables)	12 Months Ended
	Jun. 30, 2015
Other Liabilities Disclosure [Abstract]
Schedule Of Other Payables [Table Text Block]	Other payables consisted of the following: June 30, 2014 June 30, 2015 June 30, 2015 Third Party RMB RMB U.S. Dollars Consulting services ¥ 777,863 ¥ 1,628,508 $ 267,460 Distributors and employees 973,707 413,703 67,945 Others 13,509 60,846 9,993 Total ¥ 1,765,079 ¥ 2,103,057 $ 345,398
Schedule Of Other Payables Related Party [Table Text Block]	June 30, 2014 June 30, 2015 June 30, 2015 Related Party RMB RMB U.S. Dollars Due to related parties (1) ¥ 2,560,648 ¥ 2,499,347 $ 410,483 Expenses paid by the major shareholders 439,071 1,558,738 256,001 Due to family member of one owner on behalf on Recon 50,000 - - Due to management staff on behalf of Recon 256,305 251,617 41,324 Total ¥ 3,306,024 ¥ 4,309,702 $ 707,808 (1) Includes an advance from Xiamen Henda Haitek for RMB 2,499,347

TAXES PAYABLE (Tables)

TAXES PAYABLE (Tables)	12 Months Ended
	Jun. 30, 2015
Taxes Payable [Abstract]
Taxes Payable [Table Text Block]	Taxes payable consisted of the following: June 30, 2014 June 30, 2015 June 30, 2015 RMB RMB U.S. Dollars VAT payable ¥ 3,412,759 ¥ 23,885 $ 3,923 Enterprise income tax payable 4,134,210 1,127,131 185,115 Other taxes payable 42,877 2,200 362 Total taxes payable ¥ 7,589,846 ¥ 1,153,216 $ 189,400

SHORT-TERM BANK LOAN (Tables)

SHORT-TERM BANK LOAN (Tables)	12 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Schedule Of Short Term Bank Loan [Table Text Block]	Short-term bank loans consisted of the following: June 30, 2014 June 30, 2015 June 30, 2015 RMB RMB U.S. Dollars Industrial and commercial bank, floating interest rate at 5.6%, paid off on December 24, 2014 ¥ 2,000,000 ¥ - - Industrial and commercial bank, floating interest rate at 6.0%, due on June 19, 2016 8,000,000 7,000,000 1,149,652 Total short-term bank loans ¥ 10,000,000 ¥ 7,000,000 $ 1,149,652

SHORT-TERM BORROWINGS DUE TO 39

SHORT-TERM BORROWINGS DUE TO RELATED PARTIES (Tables)	12 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Schedule of Short-term Debt [Table Text Block]	June 30, 2014 June 30, 2015 June 30, 2015 Short-term borrowings due to related parties: RMB RMB U.S. Dollars Short-term borrowing from a Founder, 6.6% annual interest, due on December 25, 2014 ¥ 5,007,728 ¥ - - Short-term borrowing from a Founder, 7.2% annual interest, due on October 20, 2015(B) - 6,013,200 987,584 Short-term borrowing from a Founder, 6.0% annual interest, due on October 2, 2015 - 3,403,431 558,966 Short-term borrowing from a Founder, 6.16% annual interest, due on October 12, 2015 - 1,600,274 262,823 Short-term borrowing from a Founder's family member, no interest, due on various dates.(A) - 5,700,000 936,145 Short-term borrowings from Xiamen Huasheng Haitian Computer Network Co. Ltd., no interest, due on November 14, 2015 (C) 200,000 200,000 32,847 Total short-term borrowings due to related parties ¥ 5,207,728 ¥ 16,916,905 $ 2,778,365 (A) On August 20, 2015, ¥ 1,500,000 246,354 (B) On August 19, 2015, the Company repaid ¥ 1,800,000 295,625 37,200 6,110 (C) On August 31, 2015, this obligation was satisfied.

WARRANTS LIABILITY (Tables)

WARRANTS LIABILITY (Tables)	12 Months Ended
	Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Table Text Block]	These common stock purchase warrants do not trade in an active securities market, and as such, their fair value is estimated by using the Cox-Ross-Rubinstein (CRR) Binomial Model using the following assumptions: June 30, June 30, 2015 2014 Annual dividend yield - - Exercised price - 5.38 Underlying price at grant date - 3.86 Expected life (years) - 2.42 Risk-free interest rate - 0.88 % Expected volatility - 220 %
Schedule Of Fair Value Hierarchy Measured On Recurring Basis For Warrants Liability [Table Text Block]	The following table sets forth by level within the fair value hierarchy the warrants liability that was accounted at fair value on a recurring basis. Fair Value Measurement at Carrying Value at Carrying Value at June 30, 2014 June 30, 2014 June 30, 2014 Level 1 Level 2 Level 3 RMB USD Warrants liability ¥ - ¥ 5,021,621 ¥ - ¥ 5,021,621 824,731
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	The following is a reconciliation of the beginning and ending balance of the warrant liability measured at fair value on a recurring basis for the year ended June 30, 2015: Change of warrants liability RMB USD Beginning balance - June 30, 2014 ¥ 5,021,621 $ 815,834 Warrant redemption (987,349) (153,261) Change of warrant liability (4,034,272) (662,573) Ending balance -June 30, 2015 ¥ - $ -

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	12 Months Ended
	Jun. 30, 2015
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	The fair value was estimated on July 29, 2009 using the Binomial Lattice valuation model, with the following weighted-average assumptions: Stock price at grant date $ 6.00 Exercise price (per share) $ 6.00 Risk free rate of interest*** 4.6118 % Dividend yield 0.0 % Life of option (years)** 10 Volatility* 78 % Forfeiture rate**** 0 % * Volatility is projected using the performance of PHLX Oil Service Sector index. ** The life of options represents the period the option is expected to be outstanding. *** The risk-free interest rate is based on the Chinese international bond denominated in U.S. dollar, with a maturity that approximates the life of the option. **** Forfeiture rate is the estimated percentage of options forfeited by employees by leaving or being terminated before vesting.
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	The following is a summary of the stock options activity: Weighted Average Exercise Price Per Stock Options Shares Share Outstanding as of June 30, 2014 415,600 $ 4.37 Granted 400,000 1.65 Forfeited - - Exercised - - Outstanding as of June 30, 2015 815,600 $ 3.04
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block]	The following is a summary of the status of options outstanding and exercisable at June 30, 2015: Outstanding Options Exercisable Options Average Average Remaining Remaining Average Exercise Contractual Average Exercise Contractual Price Number life (Years) Price Number life (Years) $ 6.00 193,000 4.08 $ 6.00 193,000 4.08 $ 2.96 222,600 6.74 $ 2.96 74,200 6.74 $ 1.65 400,000 9.60 - - - 815,600
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]	Following is a summary of the restricted stock grants: Restricted stock grants Shares Non-vested as of June 30, 2014 230,362 Granted 414,000 Non-vested adjustment 40,625 Cancelled (50,625) Vested (180,787) Non-vested as of June 30, 2015 453,575

INCOME TAX (Tables)

INCOME TAX (Tables)	12 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	Deferred tax asset is comprised of the following: June 30, 2014 June 30, 2015 June 30, 2015 RMB RMB U.S. Dollars Allowance for doubtful receivables ¥ 1,209,961 ¥ 1,072,279 $ 176,107 Net operating loss carry forward - 669,819 110,008 Total deferred income tax assets ¥ 1,209,961 ¥ 1,742,098 $ 286,115 Deferred tax liability is comprised of the following: June 30, 2013 June 30, 2015 June 30, 2015 RMB RMB U.S. Dollars Income tax cost due to unpayable accounts ¥ 180,186 ¥ 180,186 $ 29,593 Total deferred income tax liability ¥ 180,186 ¥ 180,186 $ 29,593
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Following is a reconciliation of income tax at the effective rate to income tax at the calculated statutory rates: For the year ended For the year ended For the year ended June 30, 2014 June 30, 2015 June 30, 2015 RMB RMB U.S. Dollars Income tax calculated at statutory rates ¥ 3,073,289 ¥ (6,108,744) $ (1,003,276) Nondeductible expenses (non-taxable income) 115,054 5,335,231 876,237 Benefit of favorable rate for high-technology companies (1,229,316) 385,650 63,338 Benefit of revenue exempted from enterprise income tax (794,651) (190,614) (31,306) Deferred income tax (benefit) (203,240) 137,683 22,612 Over-accrued tax of prior year - (2,111,281) (346,748) Provision (benefit) for income tax ¥ 961,136 ¥ (2,552,075) $ (419,143)
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	The Company’s tax provision is comprised of the following: For the years ended June 30, 2014 2015 2015 RMB RMB U.S. Dollars Current income taxes ¥ 1,164,376 ¥ (2,019,938) $ (331,746) Deferred income taxes provision (benefit) (203,240) (532,137) (87,397) Provision for income tax ¥ 961,136 ¥ (2,552,075) $ (419,143)

NON-CONTROLLING INTEREST(Tables

NON-CONTROLLING INTEREST(Tables)	12 Months Ended
	Jun. 30, 2015
Noncontrolling Interest [Abstract]
Noncontrolling Interest [Table Text Block]	Non-controlling interest consisted of the following: As of June 30, 2014 Nanjing BHD Recon Total Total RMB RMB RMB U.S. Dollars Paid-in capital ¥ 1,651,000 ¥ 200,000 ¥ 1,851,000 $ 300,721 Unappropriated retained earnings 3,152,687 3,250,513 6,403,200 1,040,291 Accumulated other comprehensive loss (16,868) (11,853) (28,721) (4,664) Total non-controlling interest ¥ 4,786,819 ¥ 3,438,660 ¥ 8,225,479 $ 1,336,348 As of June 30, 2015 Nanjing BHD Recon Total Total RMB RMB RMB U.S. Dollars Paid-in capital ¥ 1,651,000 ¥ 200,000 ¥ 1,851,000 $ 304,001 Unappropriated retained earnings 3,152,687 3,250,513 6,403,200 1,051,636 Accumulated other comprehensive loss (18,850) (11,853) (30,703) (5,043) Total non-controlling interest ¥ 4,784,837 ¥ 3,438,660 ¥ 8,223,497 $ 1,350,594

COMMITMENTS AND CONTINGENCY (Ta

COMMITMENTS AND CONTINGENCY (Tables)	12 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Operating Leases of Lessee Disclosure [Table Text Block]	The Company leases three offices in Beijing (two for BHD; one for Recon-JN) and one office in Nanjing for Nanjing Recon. Future payments under such leases are as follows as of June 30, 2015: Twelve months ending June 30, Office lease payment RMB U.S. Dollars 2016 ¥ 973,333 $ 159,856 Total ¥ 973,333 $ 159,856

RELATED PARTY TRANSACTIONS AN45

RELATED PARTY TRANSACTIONS AND BALANCES (Tables)	12 Months Ended
	Jun. 30, 2015
Related Party Transactions [Abstract]
Sales To Related Parties [Table Text Block]	Sales to related parties – sales to related parties consisted of the following: For the years ended June 30, 2014 2015 2015 RMB RMB U.S. Dollars Beijing Yabei Nuoda Science and Technology Co. Ltd. * ¥ 4,680,389 ¥ - $ - Beijing Langchen Construction Company 640,000 - - Xiamen Henda Haitian computer network Inc 1,334,188 1,676,036 275,266 Xiamen Huangsheng Hitek Computer Network Co. Ltd. 85,470 752,137 123,527 Revenues from related parties ¥ 6,740,047 ¥ 2,428,173 $ 398,793 * Not a related party after October 31, 2014, (See Note 3).
Purchases From Related Parties [Table Text Block]	Purchases from related parties – purchases from related parties consisted of the following: For the years ended June 30, 2014 2015 2015 RMB RMB U.S. Dollars Huanghua Heng Da Xiang Tong Manufacture Ltd ¥ - ¥ 862,782 $ 141,700 Xiamen Huangsheng Hitek Computer Network Co. Ltd. - 797,587 130,992 Purchase from related parties ¥ - ¥ 1,660,369 $ 272,692

VARIABLE INTEREST ENTITIES (Tab

VARIABLE INTEREST ENTITIES (Tables)	12 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Variable Interest Entities [Table Text Block]	Summary information regarding consolidated VIEs is as follows: June 30, 2014 June 30, 2015 June 30, 2015 RMB RMB U.S. Dollars ASSETS Current Assets Cash and cash equivalents ¥ 14,021,653 ¥ 7,096,901 $ 1,165,566 Notes receivable - 4,205,530 690,699 Trade accounts receivable, net 51,033,035 56,956,197 9,354,257 Purchase advances 24,600,379 19,016,573 3,123,205 Other assets 34,097,774 28,792,279 4,728,728 Total current assets ¥ 123,752,841 ¥ 116,067,480 $ 19,062,455 Non-current assets 15,758,115 7,088,383 1,164,167 Total Assets ¥ 139,510,956 ¥ 123,155,863 $ 20,226,622 LIABILITIES Trade accounts payable ¥ 11,413,505 ¥ 17,155,793 $ 2,817,598 Taxes payable 7,589,846 1,153,216 189,400 Other liabilities 21,878,699 31,386,734 5,154,831 Total current liabilities 40,882,050 49,695,743 8,161,829 Total Liabilities ¥ 40,882,050 ¥ 49,695,743 $ 8,161,829

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Jun. 30, 2015
Earnings Per Share, Basic [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	The computation of basic and diluted earnings per common share is as follows: For the years ended June 30, 2014 2015 2015 RMB RMB U.S. Dollars BASIC Weighted average number of common shares outstanding used in computing basic earnings (loss) per share 4,303,955 4,876,504 4,876,504 Net income (loss) attributable to common stockholders ¥ 807,188 ¥ (31,456,388) $ (5,166,272) Earnings (loss) per share attributable to common stockholders ¥ 0.19 ¥ (6.45) $ (1.06) DILUTED Weighted average number of common shares outstanding used in computing basic earnings (loss) per share 4,303,955 4,876,504 4,876,504 Add: Assumed exercise of stock options, stock awards and warrants 64,207 - - Weighted average number of common shares outstanding 4,368,162 4,876,504 4,876,504 Net income (loss) attributable to common stockholders ¥ 807,188 ¥ (31,456,388) $ (5,166,272) Earnings (loss) per share attributable to common stockholders ¥ 0.18 ¥ (6.45) $ (1.06)

ORGANIZATION AND NATURE OF OP48

ORGANIZATION AND NATURE OF OPERATIONS (Details Textual) - shares	Jan. 01, 2008	May. 29, 2009	Jun. 30, 2012	Jun. 30, 2015	Jan. 29, 2015	Jun. 30, 2014	Dec. 15, 2010
Common Stock, Shares Authorized				100,000,000	100,000,000	25,000,000
Gain Loss Absorbed Percentage		100.00%
Gain Loss Sharing Percentage		90.00%
Technical Consulting Services Fee Percentage	90.00%
Equity Method Investment, Ownership Percentage				16.92%		24.02%
Nanjing Recon Technology Co Ltd [Member]
Gain Loss Absorbed Percentage			100.00%
Gain Loss Sharing Percentage			90.00%
Gain Loss Allocated To Minority Interest Percentage			10.00%
Shareholders Ownership Percentage			80.00%
Equity Method Investment, Ownership Percentage							80.00%
Beijing Bhd Petroleum Technology Co Ltd [Member]
Gain Loss Absorbed Percentage			100.00%
Gain Loss Sharing Percentage			90.00%
Gain Loss Allocated To Minority Interest Percentage			10.00%
Shareholders Ownership Percentage			86.24%
Equity Method Investment, Ownership Percentage							67.50%

SIGNIFICANT ACCOUNTING POLICI49

SIGNIFICANT ACCOUNTING POLICIES (Details Textual) - shares	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Accounting Policies [Line Items]
Foreign Currency Transactions, Description	The translation has been made at the rate of 6.0888 = US$1.00, the approximate exchange rate prevailing on June 30, 2015
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount		64,207
Motor vehicles [Member] | Minimum [Member]
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	5 years
Motor vehicles [Member] | Maximum [Member]
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	10 years
Office Equipment [Member] | Minimum [Member]
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	2 years
Office Equipment [Member] | Maximum [Member]
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	5 years
Leasehold Improvements [Member]
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	5 years

TRADE ACCOUNTS RECEIVABLE, NE50

TRADE ACCOUNTS RECEIVABLE, NET (Details)		Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)
Third Party
Total - third- party, net		$ 8,570,884	¥ 52,186,397	¥ 43,553,737
Third Party [Member]
Third Party
Trade accounts receivable		9,533,810	58,049,462	48,284,531
Allowance for doubtful accounts		(962,926)	(5,863,065)	(4,730,794)
Total - third- party, net		8,570,884	52,186,397	43,553,737
Third Party - long-term
Allowance for doubtful accounts		(81,035)	(493,407)	0
Total - long-term trade accounts receivable, net		729,317	4,440,665	0
Beijing Yabei Nuoda Science and Technology Co Ltd [Member]
Third Party - long-term
Trade accounts receivable	[1],[2]	$ 810,352	¥ 4,934,072	¥ 0
[1]	One of the Founders, Mr. Yin Shenping, was the legal representative of Yabei Nuoda before December 2013 and Chairman as of September 30, 2014. On October 30, 2014, Mr. Yin resigned from the chairman position and thus Yabei Nuoda is not a related party of the Company after October 30, 2014. Mr. Yin no longer has any equity interest in this company.
[2]	The receivable from Beijing Yabei Nuoda Science and Technology Co. Ltd. (“Yabei Nuoda”) was recognized primarily from the sale of automation system and services based on written contracts. Based on the repayment agreement signed on September 2, 2015, the outstanding balance will be collected in two years beginning 2017, with each installment of ¥2,467,036.

TRADE ACCOUNTS RECEIVABLE, NE51

TRADE ACCOUNTS RECEIVABLE, NET (Details 1)		Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)
Related Party Current
Total - related-parties, net		$ 8,570,884	¥ 52,186,397	¥ 43,553,737
Beijing Yabei Nuoda Science and Technology Co Ltd [Member]
Related Party Current
Trade accounts receivable	[1],[2]			5,441,498
Related Party - long-term
Trade accounts receivable	[1],[2]	$ 0	¥ 0	16,062,574
Beijing Langchen Construction Company [Member]
Related Party Current
Trade accounts receivable	[3]	119,367	726,800	726,800
Xiamen Huangsheng Hitek Computer Network Co Ltd [Member]
Related Party Current
Trade accounts receivable	[4]	160,951	980,000	100,000
Xiamen Hengda Hitek Computer Network Co Ltd [Member]
Related Party Current
Trade accounts receivable	[4]	503,055	3,063,000	1,211,000
Related Party [Member]
Related Party Current
Total - related-parties, net		783,373	4,769,800	7,479,298
Related Party - long-term
Allowance for doubtful accounts		0	0	(1,606,257)
Total - related-parties, net		$ 0	¥ 0	¥ 14,456,317
[1]	One of the Founders, Mr. Yin Shenping, was the legal representative of Yabei Nuoda before December 2013 and Chairman as of September 30, 2014. On October 30, 2014, Mr. Yin resigned from the chairman position and thus Yabei Nuoda is not a related party of the Company after October 30, 2014. Mr. Yin no longer has any equity interest in this company.
[2]	The receivable from Beijing Yabei Nuoda Science and Technology Co. Ltd. (“Yabei Nuoda”) was recognized primarily from the sale of automation system and services based on written contracts. Based on the repayment agreement signed on September 2, 2015, the outstanding balance will be collected in two years beginning 2017, with each installment of ¥2,467,036.
[3]	This receivable was settled between August 10, 2015 and September 1, 2015.
[4]	On August 13, 2015, all of the outstanding balance was offset against the related payable (See Note 9) and the remaining balance was repaid.

TRADE ACCOUNTS RECEIVABLE, NE52

TRADE ACCOUNTS RECEIVABLE, NET (Details Textual)	Jun. 30, 2015CNY (¥)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivables Will Be Collected In Next Twelve Months	¥ 2,467,036
Accounts Receivables Will Be Collected In Year Two	¥ 2,467,036

OTHER RECEIVABLES, NET (Details

OTHER RECEIVABLES, NET (Details)		Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)
Non-Current Portion
Total		$ 448,205	¥ 2,729,033	¥ 5,353,104
Third Party [Member]
Current Portion
Due from ENI	[1]	430,967	2,624,071	2,523,145
Loans to third parties	[2]	1,831,945	11,154,344	8,979,408
Business advance to staff	[3]	644,994	3,927,238	6,371,923
Deposits for projects		89,312	543,800	495,961
Others		104,674	637,348	373,622
Allowance for doubtful accounts		(135,040)	(822,233)	(451,016)
Total		2,966,852	18,064,568	18,293,043
Non-Current Portion
Due from ENI	[1]	448,205	2,729,033	5,353,104
Total		$ 448,205	¥ 2,729,033	¥ 5,353,104
[1]	After ENI ceased to be a VIE of the Company, ENI in January 2012 agreed to repay the loan on a payment schedule, with interest accrued during the period at an annual rate of 4%. In accordance with the payment schedule, the principal plus accrued interest is required to be repaid over approximately three years on a quarterly basis beginning March 2012. The first four payments are RMB 1.2 million each. In March, June, September and December of 2012, the Company received RMB 4.8 million. Starting March 2013, installments for each quarter would be ¥1,777,653. The Company received the payments on time in March and June, 2013. On September 30, 2013, ENI proposed to extend the payment period and signed a new contract with the Company. According to the new arrangement, the remaining part of this loan will be repaid over four years with quarterly installments of ¥699,147. The Company has continued to receive the payments under the agreement.
[2]	Loans to third-parties are mainly used for short-term funding to support cooperative companies. These loans are due on demand bearing no interest.
[3]	Business advance to staff represents advances for business travel and sundry expenses related to oilfield or on-site installation and inspection of products through customer approval and acceptance.

OTHER RECEIVABLES, NET (Detai54

OTHER RECEIVABLES, NET (Details 1)		Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)
Related Party [Member]
Related Party
Total		$ 14,949	¥ 91,021	¥ 1,414,433
Beijing Yabei Nuoda Science and Technology Co Ltd [Member]
Related Party
Total	[1]	0	0	500,000
Beijing Langchen Construction Company [Member]
Related Party
Total	[2]	14,949	91,021	913,780
Other-travel advances [Member]
Related Party
Total		$ 0	¥ 0	¥ 653
[1]	Not a related party after October 31, 2014.
[2]	This was repaid on August 6, 2015.

OTHER RECEIVABLES, NET (Detai55

OTHER RECEIVABLES, NET (Details Textual) - CNY (¥)	1 Months Ended						3 Months Ended	12 Months Ended
	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Jan. 31, 2012	Mar. 31, 2013	Dec. 31, 2012
Other Receivables [Line Items]
Proceeds From Related Party Debt Repayments		¥ 1,200,000	¥ 1,200,000	¥ 1,200,000	¥ 1,200,000			¥ 4,800,000
Loan On Accrued Interest Rate During Period						4.00%
Loans Receivable Under Installment	¥ 699,147						¥ 1,777,653

PURCHASE ADVANCES (Details)

PURCHASE ADVANCES (Details) - Third Party [Member]	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)
Purchase Advances [Line Items]
Prepayment for inventory purchase	$ 3,751,976	¥ 22,845,030	¥ 27,119,326
Allowance for doubtful accounts	(693,486)	(4,222,492)	(1,360,261)
Total	$ 3,058,490	¥ 18,622,538	¥ 25,759,065

PURCHASE ADVANCES (Details 1)

PURCHASE ADVANCES (Details 1)	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)
Xiamen Huangsheng Hitek Computer Network Co Ltd [Member]
Related Party
Advances On Inventory Purchases	$ 64,715	¥ 394,034	¥ 394,034
Related Party [Member]
Related Party
Advances On Inventory Purchases	$ 64,715	¥ 394,034	¥ 394,034

PURCHASE ADVANCES (Details Text

PURCHASE ADVANCES (Details Textual)	Jun. 30, 2015	Jun. 30, 2014
Purchase Advances [Line Items]
Equity Method Investment, Ownership Percentage	16.92%	24.02%
Xiamen Huasheng Haitian Computer Network Co Ltd [Member]
Purchase Advances [Line Items]
Equity Method Investment, Ownership Percentage	57.00%

INVENTORIES (Details)

INVENTORIES (Details)	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)
Inventory [Line Items]
Small component parts	$ 9,087	¥ 55,332	¥ 55,262
Purchased goods and raw materials	40,183	244,667	272,416
Work in process and goods on site	583,493	3,552,771	1,665,447
Finished goods	2,413,131	14,693,073	12,343,477
Allowance for slow moving inventory	(1,264,754)	(7,700,836)	0
Total inventories, net	$ 1,781,140	¥ 10,845,007	¥ 14,336,602

INVENTORIES (Details Textual)

INVENTORIES (Details Textual)	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)
Inventory [Line Items]
Inventory Obsolescence Reserve	$ (1,264,754)	¥ (7,700,836)	¥ 0

PROPERTY AND EQUIPMENT, NET (De

PROPERTY AND EQUIPMENT, NET (Details)	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 753,558	¥ 4,588,265	¥ 3,023,461
Less: Accumulated depreciation	(315,548)	(1,921,312)	(1,701,923)
Property and equipment, net	438,010	2,666,953	1,321,538
Motor vehicles [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	622,532	3,790,474	2,314,296
Office equipment and fixtures [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 131,026	¥ 797,791	¥ 709,165

PROPERTY AND EQUIPMENT, NET (62

PROPERTY AND EQUIPMENT, NET (Details Textual)	12 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)
Property, Plant and Equipment [Line Items]
Depreciation	$ 86,396	¥ 526,046	¥ 595,647

LONG-TERM INVESTMENT (Details T

LONG-TERM INVESTMENT (Details Textual)	1 Months Ended			12 Months Ended
	Jun. 30, 2013	Jun. 28, 2013USD ($)$ / sharesshares	Jun. 28, 2013CNY (¥)shares	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014USD ($)	Jun. 30, 2014CNY (¥)	Apr. 13, 2015CNY (¥)
Schedule of Equity Method Investments [Line Items]
Stock Issued During Period, Value, Restricted Stock Award, Gross				$ 95,766	¥ 583,099	$ 231,565	¥ 1,409,955
Percentage To Acquire Of Restricted Stock	50.00%
Equity Method Investment, Ownership Percentage				16.92%	16.92%	24.02%	24.02%
Income (Loss) from Equity Method Investments				$ 0	¥ 0		¥ 1,535,250
Avalon [Member]
Schedule of Equity Method Investments [Line Items]
Stock Issued During Period, Shares, Restricted Stock Award, Gross | shares		2,800,000	2,800,000
Stock Issued During Period Restricted Stock Award Par Value | $ / shares		$ 0.089
Stock Issued During Period, Value, Restricted Stock Award, Gross		$ 250,000	¥ 1,500,000
Income (Loss) from Equity Method Investments						$ 250,000	¥ 1,535,250
Huanghua Heng Da Xiang Tong Manufacture Ltd [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Ownership Percentage								54.05%
Equity Method Investment, Aggregate Cost								¥ 80,000,000

OTHER PAYABLES (Details)

OTHER PAYABLES (Details) - Third Party [Member]	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)
Other Payables [Line Items]
Consulting services	$ 267,460	¥ 1,628,508	¥ 777,863
Distributors and employees	67,945	413,703	973,707
Others	9,993	60,846	13,509
Total	$ 345,398	¥ 2,103,057	¥ 1,765,079

OTHER PAYABLES (Details 1)

OTHER PAYABLES (Details 1)		Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)
Other Payables [Line Items]
Due to related parties		$ 2,778,365	¥ 16,916,905	¥ 5,207,728
Related Party [Member]
Other Payables [Line Items]
Due to related parties	[1]	410,483	2,499,347	2,560,648
Expenses paid by the major shareholders		256,001	1,558,738	439,071
Due to family member of one owner on behalf on Recon		0	0	50,000
Due to management staff on behalf of Recon		41,324	251,617	256,305
Total		$ 707,808	¥ 4,309,702	¥ 3,306,024
[1]	Includes an advance from Xiamen Henda Haitek for RMB 2,499,347 to supplement the Company’s working capital. The advance is payable on demand and non-interest bearing. This debt was off set with accounts receivable on September 3, 2015 (See Note 3).

OTHER PAYABLES (Details Textual

OTHER PAYABLES (Details Textual)	Jun. 30, 2015CNY (¥)
Xiamen Hengda Haitek [Member]
Other Payables [Line Items]
Working Capital	¥ 2,499,347

TAXES PAYABLE (Details)

TAXES PAYABLE (Details)	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)
Taxes Payable [Line Items]
VAT payable	$ 3,923	¥ 23,885	¥ 3,412,759
Enterprise income tax payable	185,115	1,127,131	4,134,210
Other taxes payable	362	2,200	42,877
Total taxes payable	$ 189,400	¥ 1,153,216	¥ 7,589,846

SHORT-TERM BANK LOAN (Details)

SHORT-TERM BANK LOAN (Details)	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)
Short-term Debt [Line Items]
Total short-term bank loans	$ 1,149,652	¥ 7,000,000	¥ 10,000,000
Industrial And Commercial Bank [Member]
Short-term Debt [Line Items]
Total short-term bank loans	0	0	2,000,000
Industrial And Commercial Bank One [Member]
Short-term Debt [Line Items]
Total short-term bank loans	$ 1,149,652	¥ 7,000,000	¥ 8,000,000

SHORT-TERM BANK LOAN (Details T

SHORT-TERM BANK LOAN (Details Textual)	12 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)
Short Term Bank Loan [Member]
Short-term Debt [Line Items]
Interest Expense, Debt	$ 84,839	¥ 516,567	¥ 624,096
Industrial And Commercial Bank [Member]
Short-term Debt [Line Items]
Short-term Debt, Percentage Bearing Variable Interest Rate	5.60%	5.60%
Debt Instrument, Maturity Date	Dec. 24, 2014	Dec. 24, 2014
Industrial And Commercial Bank One [Member]
Short-term Debt [Line Items]
Short-term Debt, Percentage Bearing Variable Interest Rate	6.00%	6.00%
Debt Instrument, Maturity Date	Jun. 19, 2016	Jun. 19, 2016

SHORT-TERM BORROWINGS DUE TO 70

SHORT-TERM BORROWINGS DUE TO RELATED PARTIES (Details) - Related Party [Domain]		Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)
Short-term Debt [Line Items]
Total short-term borrowings due to related parties		$ 2,778,365	¥ 16,916,905	¥ 5,207,728
Short Term Borrowings One [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties		0	0	5,007,728
Short Term Borrowings Two [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	[1]	987,584	6,013,200	0
Short Term Borrowings Three [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties		558,966	3,403,431	0
Short Term Borrowings Four [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties		262,823	1,600,274	0
Short Term Borrowings Five [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	[2]	936,145	5,700,000	0
Xiamen Huasheng Haitian Computer Network Co Ltd [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	[3]	$ 32,847	¥ 200,000	¥ 200,000
[1]	On August 19, 2015, the Company repaid ¥1,800,000 ($295,625) of short-term borrowing with an interest of ¥37,200 ($6,110).
[2]	On August 20, 2015, ¥ 1,500,000 ($246,354) was paid back to the Founder’s family member.
[3]	On August 31, 2015, this obligation was satisfied.

SHORT-TERM BORROWINGS DUE TO 71

SHORT-TERM BORROWINGS DUE TO RELATED PARTIES (Details Textual)	Aug. 20, 2015USD ($)	Aug. 20, 2015CNY (¥)	Aug. 19, 2015USD ($)	Aug. 19, 2015CNY (¥)	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)
Founders Family [Member] | Subsequent Event [Member]
Short-term Debt [Line Items]
Repayments of Related Party Debt	$ 1,500,000	¥ 246,354
Short Term Borrowings [Member]
Short-term Debt [Line Items]
Interest Expense, Related Party					$ 97,537	¥ 593,884	¥ 326,953
Short Term Borrowings [Member] | Subsequent Event [Member]
Short-term Debt [Line Items]
Interest Expense, Related Party			$ 6,110	¥ 37,200
Repayments of Related Party Debt	$ 246,354	¥ 1,500,000	$ 295,625	¥ 1,800,000
Short Term Borrowings One [Member]
Short-term Debt [Line Items]
Debt Instrument, Maturity Date					Dec. 25, 2014	Dec. 25, 2014
Debt Instrument, Interest Rate Percentage					6.60%	6.60%
Short Term Borrowings Two [Member]
Short-term Debt [Line Items]
Debt Instrument, Maturity Date					Oct. 20, 2015	Oct. 20, 2015
Debt Instrument, Interest Rate Percentage					7.20%	7.20%
Short Term Borrowings Three [Member]
Short-term Debt [Line Items]
Debt Instrument, Maturity Date					Oct. 2, 2015	Oct. 2, 2015
Debt Instrument, Interest Rate Percentage					6.00%	6.00%
Short Term Borrowings Four [Member]
Short-term Debt [Line Items]
Debt Instrument, Maturity Date					Oct. 12, 2015	Oct. 12, 2015
Debt Instrument, Interest Rate Percentage					6.16%	6.16%
Xiamen Hengda Haitian Computer Network Co Ltd [Member]
Short-term Debt [Line Items]
Debt Instrument, Maturity Date					Nov. 14, 2015	Nov. 14, 2015

WARRANTS LIABILITY (Details)

WARRANTS LIABILITY (Details) - $ / shares	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Warrants Liability [Line Items]
Annual dividend yield	$ 0	$ 0
Exercised price	0	5.38
Underlying price at grant date	$ 0	$ 3.86
Expected life (years)		2 years 5 months 1 day
Risk-free interest rate	0.00%	0.88%
Expected volatility	0.00%	220.00%

WARRANTS LIABILITY (Details 1)

WARRANTS LIABILITY (Details 1)	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014USD ($)	Jun. 30, 2014CNY (¥)
Warrants Liability [Line Items]
Warrants liability	$ 0	¥ 0	$ 824,731	¥ 5,021,621
Fair Value, Inputs, Level 1 [Member]
Warrants Liability [Line Items]
Warrants liability				0
Fair Value, Inputs, Level 2 [Member]
Warrants Liability [Line Items]
Warrants liability				5,021,621
Fair Value, Inputs, Level 3 [Member]
Warrants Liability [Line Items]
Warrants liability				¥ 0

WARRANTS LIABILITY (Details 2)

WARRANTS LIABILITY (Details 2) - 12 months ended Jun. 30, 2015	USD ($)	CNY (¥)
Warrants Liability [Line Items]
Beginning balance - June 30, 2014	$ 824,731	¥ 5,021,621
Warrant redemption	(153,261)	(987,349)
Change of warrant liability	(662,573)	(4,034,272)
Ending balance -June 30, 2015	$ 0	¥ 0

WARRANTS LIABILITY (Details Tex

WARRANTS LIABILITY (Details Textual)	1 Months Ended		12 Months Ended
	Apr. 15, 2015shares	Feb. 13, 2015shares	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)	Nov. 30, 2013shares
Warrants Liability [Line Items]
Redemption Of Warrants	54,650	163,950
Loss From Warrants Redemption			$ 409,995	¥ 2,496,375	¥ 0
Stock Issued During Period Shares For Redemption Of Warrants	68,313	204,938
Common Stock [Member]
Warrants Liability [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights						218,600
Warrant [Member]
Warrants Liability [Line Items]
Sale of Stock, Description of Transaction	1.25 shares of ordinary shares to exchange one warrant	1.25 shares of ordinary shares to exchange one warrant

SHAREHOLDERS' EQUITY (Details T

SHAREHOLDERS' EQUITY (Details Textual)	Jun. 11, 2015$ / sharesshares	Jun. 10, 2015$ / sharesshares	Jun. 09, 2015$ / sharesshares	Nov. 25, 2013USD ($)$ / sharesshares	Nov. 25, 2013CNY (¥)shares	Jun. 30, 2015USD ($)shares	Jun. 30, 2015CNY (¥)shares	Jun. 30, 2014CNY (¥)shares	Jun. 30, 2015CNY (¥)shares	Nov. 30, 2013shares	Nov. 29, 2013$ / shares
Equity [Line Items]
Proceeds from Issuance of Common Stock				$ 2,000,000	¥ 12,132,882	$ 392,857	¥ 2,392,027	¥ 12,132,882
Percentage Transfer Of Profit To Statutory Reserves						10.00%	10.00%
Transfer Of Profit To Statutory Reserves Upto Certain Percentage Of Registered Capital						50.00%	50.00%
Appropriated retained earnings						$ 681,403		¥ 4,148,929	¥ 4,148,929
Securities Purchase Agreement [Member]
Equity [Line Items]
Stock Issued During Period, Shares, New Issues	5,092	288,105	4,000			297,197	297,197
Sale of Stock, Price Per Share | $ / shares	$ 2	$ 2.12	$ 1.64
Underwriter Commission						$ 212,673	¥ 1,294,922
Stock Issuance Cost						$ 600,000	¥ 2,392,027
Stock Offering [Member]
Equity [Line Items]
Stock Issued During Period, Shares, New Issues				546,500	546,500
Sale of Stock, Price Per Share | $ / shares				$ 4.81							$ 4.30
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares				$ 6.01							$ 5.38
Common Stock [Member]
Equity [Line Items]
Stock Issued During Period, Shares, New Issues						297,197	297,197	546,500
Class of Warrant or Right, Number of Securities Called by Warrants or Rights										218,600
Common Stock [Member] | Stock Offering [Member]
Equity [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights				163,950
Common Stock [Member] | IPO [Member]
Equity [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights						170,000			170,000
Placement Agent Warrants [Member] | Common Stock [Member]
Equity [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights				54,650

STOCK-BASED COMPENSATION (Detai

STOCK-BASED COMPENSATION (Details) - Jun. 30, 2015 - Major Types of Debt and Equity Securities [Domain] - 2009 Options Plan [Member] - $ / shares		Total
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock price at grant date		$ 6
Exercise price (per share)		$ 6
Risk free rate of interest	[1]	4.6118%
Dividend yield		0.00%
Life of option (years)	[2]	10 years
Volatility	[3]	78.00%
Forfeiture rate	[4]	0.00%
[1]	The risk-free interest rate is based on the Chinese international bond denominated in U.S. dollar, with a maturity that approximates the life of the option.
[2]	The life of options represents the period the option is expected to be outstanding.
[3]	Volatility is projected using the performance of PHLX Oil Service Sector index.
[4]	Forfeiture rate is the estimated percentage of options forfeited by employees by leaving or being terminated before vesting.

STOCK-BASED COMPENSATION (Det78

STOCK-BASED COMPENSATION (Details 1) - Employee Stock Option [Member] - $ / shares	12 Months Ended
	Jun. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Options, Shares, Outstanding	415,600
Stock Options, Shares, Granted	400,000
Stock Options, Shares, Forfeited	0
Stock Option, Shares, Exercised	0
Stock Options, Shares, Outstanding	815,600
Stock Options, Weighted Average Exercise Price Per share, Outstanding	$ 4.37
Stock Options, Weighted Average Exercise Price Per share, Granted	1.65
Stock Options, Weighted Average Exercise Price Per share, Forfeited	0
Stock Options, Weighted Average Exercise Price Per share, Exercised	0
Stock Options, Weighted Average Exercise Price Per share, Outsatnding	$ 3.04

STOCK-BASED COMPENSATION (Det79

STOCK-BASED COMPENSATION (Details 2) - Jun. 30, 2015 - $ / shares	Total
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding Options, Number (in shares)	815,600
Stock Option One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding Options, Average Exercise Price	$ 6
Outstanding Options, Number (in shares)	193,000
Outstanding Options, Average Remaining Contractual Life (Years)	4 years 29 days
Exercisable Options, Average Exercise Price	$ 6
Exercisable Options, Number (in shares)	193,000
Exercisable Options, Average Remaining Contractual Life (years)	4 years 29 days
Stock Option Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding Options, Average Exercise Price	$ 2.96
Outstanding Options, Number (in shares)	222,600
Outstanding Options, Average Remaining Contractual Life (Years)	6 years 8 months 26 days
Exercisable Options, Average Exercise Price	$ 2.96
Exercisable Options, Number (in shares)	74,200
Exercisable Options, Average Remaining Contractual Life (years)	6 years 8 months 26 days
Stock Option Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding Options, Average Exercise Price	$ 1.65
Outstanding Options, Number (in shares)	400,000
Outstanding Options, Average Remaining Contractual Life (Years)	9 years 7 months 6 days
Exercisable Options, Average Exercise Price	$ 0
Exercisable Options, Number (in shares)	0
Exercisable Options, Average Remaining Contractual Life (years)

STOCK-BASED COMPENSATION (Det80

STOCK-BASED COMPENSATION (Details 3) - Restricted Stock [Member]	12 Months Ended
	Jun. 30, 2015shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-vested as of June 30, 2014	230,362
Granted	414,000
Non-vested adjustment	40,625
Cancelled	(50,625)
Vested	(180,787)
Non-vested as of June 30, 2015	453,575

STOCK-BASED COMPENSATION (Det81

STOCK-BASED COMPENSATION (Details Textual) - Option Indexed to Issuer's Equity, Type [Domain] - Equity Component [Domain]	Apr. 08, 2015USD ($)$ / sharesshares	Dec. 13, 2013USD ($)$ / sharesshares	Dec. 13, 2013CNY (¥)shares	Feb. 02, 2015USD ($)$ / sharesshares	Jan. 31, 2015USD ($)$ / sharesshares	Jan. 31, 2015CNY (¥)shares	Jan. 29, 2015shares	Jul. 19, 2014shares	Jun. 30, 2015USD ($)$ / sharesshares	Jun. 30, 2015CNY (¥)¥ / sharesshares	Jun. 30, 2014CNY (¥)	Jul. 18, 2014$ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-Based Compensation									$ 512,977	¥ 3,123,417	¥ 2,429,028
Restricted Stock [Member]
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									414,000	414,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition									2 years 1 month 2 days	2 years 1 month 2 days
Stock or Unit Option Plan Expense									$ 298,344	¥ 1,828,790	771,549
Stock Issued During Period, Shares, Issued for Services								50,000
Restricted Stock Closing Price | $ / shares												$ 3.8
Share-Based Compensation									$ 800,000	¥ 4,600,000
Stock Issued During Period, Shares, Restricted Stock Award, Gross								190,000
Stock Issued During Period, Shares, Restricted Stock Award, Forfeited							10,000	40,625
Mr Yin Shenping [Member]
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		95,181	95,181		150,000	150,000
Stock Issued During Period, Shares, Restricted Stock Award, Gross		135,181	135,181		150,000	150,000
Mr. Chen Guangqiang [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Granted, Value, Share-based Compensation, Net of Forfeitures, Total		$ 688,782	¥ 4,207,496
Restricted Stock Closing Price | $ / shares		$ 2.99			$ 1.65
Mr. Chen Guangqiang [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Granted, Value, Share-based Compensation, Net of Forfeitures, Total					$ 495,000	¥ 3,038,558
Consulting firm [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Closing Price | $ / shares	$ 1.56
Stock Issued During Period, Shares, Restricted Stock Award, Gross	40,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value | $	$ 62,400
Maxim Group LLC [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Closing Price | $ / shares				$ 1.81
Stock Issued During Period, Shares, Restricted Stock Award, Gross				24,000
Maxim Group LLC [Member] | Restricted Stock [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 | $				$ 43,440
Plan 2009 [Member]
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									293,000	293,000
Exercise price (per share) | $ / shares									$ 6
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage									20.00%	20.00%
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value | (per share)									$ 4.42	¥ 30.17
Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition									2 years 3 months 29 days	2 years 3 months 29 days
Stock or Unit Option Plan Expense									$ 211,204	¥ 1,294,629	¥ 1,657,479
Share-Based Compensation									$ 800,000	¥ 5,000,000
Plan 2012 [Member]
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									415,000	415,000
Exercise price (per share) | $ / shares									$ 2.96
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage									20.00%	20.00%
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value | (per share)									$ 1.49	¥ 10.06
Plan 2015 [Member]
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									400,000	400,000
Exercise price (per share) | $ / shares									$ 1.65
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value | (per share)									$ 1.65	¥ 10.13

INCOME TAX (Details)

INCOME TAX (Details)	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)	Jun. 30, 2013CNY (¥)
Income Taxes [Line Items]
Allowance for doubtful receivables	$ 176,107	¥ 1,072,279	¥ 1,209,961
Net operating loss carry forward	110,008	669,819	0
Total deferred income tax assets	286,115	1,742,098	1,209,961
Income tax cost due to unpayable accounts	29,593	180,186		¥ 180,186
Total deferred income tax liability	$ 29,593	¥ 180,186	¥ 180,186	¥ 180,186

INCOME TAX (Details 1)

INCOME TAX (Details 1)	12 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)
Income tax calculated at statutory rates	$ (1,003,276)	¥ (6,108,744)	¥ 3,073,289
Nondeductible expenses (non-taxable income)	876,237	5,335,231	115,054
Benefit of favorable rate for high-technology companies	63,338	385,650	(1,229,316)
Benefit of revenue exempted from enterprise income tax	(31,306)	(190,614)	(794,651)
Deferred income tax (benefit)	22,612	137,683	(203,240)
Over-accrued tax of prior year	(346,748)	(2,111,281)	0
Provision (benefit) for income tax	$ (419,143)	¥ (2,552,075)	¥ 961,136

INCOME TAX (Details 2)

INCOME TAX (Details 2)	12 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)
Income Taxes [Line Items]
Current income taxes	$ (331,746)	¥ (2,019,938)	¥ 1,164,376
Deferred income taxes provision (benefit)	(87,397)	(532,137)	(203,240)
Provision for income tax	$ (419,143)	¥ (2,552,075)	¥ 961,136

INCOME TAX (Details Textual)

INCOME TAX (Details Textual)	1 Months Ended		12 Months Ended
	Nov. 25, 2009	Dec. 31, 2008	Jun. 30, 2015	Jun. 30, 2014
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%	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)	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014USD ($)	Jun. 30, 2014CNY (¥)
Noncontrolling Interest [Line Items]
Paid-in capital	$ 15,198,674	¥ 92,541,687		¥ 83,061,058
Unappropriated retained earnings	(3,781,526)	(23,024,935)		8,431,453
Accumulated other comprehensive loss	(52,155)	(317,551)		(279,275)
Total non-controlling interest	1,350,594	8,223,497		8,225,479
Noncontrolling Interest [Member]
Noncontrolling Interest [Line Items]
Paid-in capital	304,001	1,851,000	$ 300,721	1,851,000
Unappropriated retained earnings	1,051,636	6,403,200	1,040,291	6,403,200
Accumulated other comprehensive loss	(5,043)	(30,703)	(4,664)	(28,721)
Total non-controlling interest	$ 1,350,594	8,223,497	$ 1,336,348	8,225,479
BHD [Member] | Noncontrolling Interest [Member]
Noncontrolling Interest [Line Items]
Paid-in capital		1,651,000		1,651,000
Unappropriated retained earnings		3,152,687		3,152,687
Accumulated other comprehensive loss		(18,850)		(16,868)
Total non-controlling interest		4,784,837		4,786,819
Nanjing Recon [Member] | Noncontrolling Interest [Member]
Noncontrolling Interest [Line Items]
Paid-in capital		200,000		200,000
Unappropriated retained earnings		3,250,513		3,250,513
Accumulated other comprehensive loss		(11,853)		(11,853)
Total non-controlling interest		¥ 3,438,660		¥ 3,438,660

CONCENTRATIONS (Details Textual

CONCENTRATIONS (Details Textual)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Supplier One [Member]
Concentration Risk [Line Items]
Entity Wide Revenue Major Customer Percentage	18.00%
Supplier Two [Member]
Concentration Risk [Line Items]
Entity Wide Revenue Major Customer Percentage		32.46%
China National Petroleum Corporation [Member]
Concentration Risk [Line Items]
Entity Wide Revenue Major Customer Percentage	43.09%	42.79%
China Petroleum and Chemical Corporation Limited [Member]
Concentration Risk [Line Items]
Entity Wide Revenue Major Customer Percentage	6.82%	19.63%

COMMITMENTS AND CONTINGENCY (De

COMMITMENTS AND CONTINGENCY (Details) - Jun. 30, 2015	USD ($)	CNY (¥)
Commitment and Contingencies [Line Items]
2,016	$ 159,856	¥ 973,333
Total	$ 159,856	¥ 973,333

COMMITMENTS AND CONTINGENCY (89

COMMITMENTS AND CONTINGENCY (Details Textual) - 12 months ended Jun. 30, 2015 ¥ in Millions, $ in Millions	USD ($)	CNY (¥)
Commitment and Contingencies [Line Items]
Severance Costs	$ 0.3	¥ 1.5

RELATED PARTY TRANSACTIONS AN90

RELATED PARTY TRANSACTIONS AND BALANCES (Details)		12 Months Ended
		Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)
Related Party Transaction [Line Items]
Revenues from related parties		$ 398,793	¥ 2,428,173	¥ 6,740,047
Beijing Langchen Construction Company [Member]
Related Party Transaction [Line Items]
Revenues from related parties		0	0	640,000
Beijing Yabei Nuoda Science and Technology Co Ltd [Member]
Related Party Transaction [Line Items]
Revenues from related parties	[1]	0	0	4,680,389
Xiamen Hengda Haitian computer network Inc [Member]
Related Party Transaction [Line Items]
Revenues from related parties		275,266	1,676,036	1,334,188
Xiamen Huangsheng Hitek Computer Network Co. Ltd [Member]
Related Party Transaction [Line Items]
Revenues from related parties		$ 123,527	¥ 752,137	¥ 85,470
[1]	Not a related party after October 31, 2014, (See Note 3).

RELATED PARTY TRANSACTIONS AN91

RELATED PARTY TRANSACTIONS AND BALANCES (Details 1)	12 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)
Related Party Transaction [Line Items]
Purchase from related parties	$ 272,692	¥ 1,660,369	¥ 0
Huanghua Xiang Tong Manufacture [Member]
Related Party Transaction [Line Items]
Purchase from related parties	141,700	862,782	0
Xiamen Hengda Hitek Computer Network Co. Ltd [Member]
Related Party Transaction [Line Items]
Purchase from related parties	$ 130,992	¥ 797,587	¥ 0

RELATED PARTY TRANSACTIONS AN92

RELATED PARTY TRANSACTIONS AND BALANCES (Details Textual)	12 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)
Related Party Transaction [Line Items]
Expenses Paid By Related Party	$ 256,001		¥ 1,558,738	¥ 284,370
Related Party [Member]
Related Party Transaction [Line Items]
Operating Leases, Rent Expense	200,000	¥ 1,100,000
Short-term borrowings- related parties	$ 2,778,364		¥ 16,916,905	¥ 5,207,728
Related Party [Member] | Monthly Payment [Member]
Related Party Transaction [Line Items]
Operating Leases, Rent Expense		¥ 95,000
Nanjing Recon And Mr. Yin And His Family [Member]
Related Party Transaction [Line Items]
Leases From Related Parties Arrangement Term	two-year lease	two-year lease
BHD And Mr. Chen Guangqiang And His Family [Member]
Related Party Transaction [Line Items]
Leases From Related Parties Arrangement Term	one-year lease	one-year lease
Company And Mr. Chen Guangqiang's Family [Member]
Related Party Transaction [Line Items]
Leases From Related Parties Arrangement Term	annual lease	annual lease

VARIABLE INTEREST ENTITIES (Det

VARIABLE INTEREST ENTITIES (Details)	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014USD ($)	Jun. 30, 2014CNY (¥)	Jun. 30, 2013CNY (¥)
ASSETS
Cash and cash equivalents	$ 2,027,481	¥ 12,344,929	$ 2,971,782	¥ 18,094,586	¥ 12,350,392
Notes receivable	690,699	4,205,530		0
Trade accounts receivable, net	8,570,884	52,186,397		43,553,737
Total current assets	20,449,388	124,512,236		133,399,423
Total Assets	22,064,920	134,348,887		154,530,382
LIABILITIES
Trade accounts payable	2,238,058	13,627,088		11,413,505
Taxes payable	189,400	1,153,216		7,589,846
Total current liabilities	8,553,422	52,080,043		50,325,873
Variable Interest Entity, Primary Beneficiary [Member]
ASSETS
Cash and cash equivalents	1,165,566	7,096,901		14,021,653
Notes receivable	690,699	4,205,530		0
Trade accounts receivable, net	9,354,257	56,956,197		51,033,035
Purchase advances	3,123,205	19,016,573		24,600,379
Other assets	4,728,728	28,792,279		34,097,774
Total current assets	19,062,455	116,067,480		123,752,841
Non-current assets	1,164,167	7,088,383		15,758,115
Total Assets	20,226,622	123,155,863		139,510,956
LIABILITIES
Trade accounts payable	2,817,598	17,155,793		11,413,505
Taxes payable	189,400	1,153,216		7,589,846
Other liabilities	5,154,831	31,386,734		21,878,699
Total current liabilities	8,161,829	49,695,743		40,882,050
Total Liabilities	$ 8,161,829	¥ 49,695,743		¥ 40,882,050

VARIABLE INTEREST ENTITIES (D94

VARIABLE INTEREST ENTITIES (Details Textual)	12 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014USD ($)	Jun. 30, 2014CNY (¥)
Variable Interest Entity [Line Items]
Revenues	$ 8,460,271	¥ 51,512,900		¥ 93,447,108
Operating expenses	7,493,826	45,628,406		29,586,623
Net income	(5,166,272)	(31,456,388)	$ 300,194	¥ 1,827,820
Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Revenues	8,460,271	51,512,900
Operating expenses	5,626,291	34,257,359
Net income	$ 3,593,960	¥ 21,882,903

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details)	12 Months Ended
	Jun. 30, 2015USD ($)$ / sharesshares	Jun. 30, 2015CNY (¥)¥ / sharesshares	Jun. 30, 2014CNY (¥)¥ / sharesshares
BASIC
Weighted average number of common shares outstanding used in computing basic earnings (loss) per share	4,876,504	4,876,504	4,303,955
Net income (loss) attributable to common stockholders	$ (5,166,272)	¥ (31,456,388)	¥ 807,188
Earnings (loss) per share attributable to common stockholders | (per share)	$ (1.06)	¥ (6.45)	¥ 0.19
DILUTED
Weighted average number of common shares outstanding used in computing basic earnings (loss) per share	4,876,504	4,876,504	4,303,955
Add: Assumed exercise of stock options, stock awards and warrants	0	0	64,207
Weighted average number of common shares outstanding	4,876,504	4,876,504	4,368,162
Net income (loss) attributable to common stockholders	$ (5,166,272)	¥ (31,456,388)	¥ 807,188
Earnings (loss) per share attributable to common stockholders | (per share)	$ (1.06)	¥ (6.45)	¥ 0.18

SUBSEQUENT EVENTS (Details Text

SUBSEQUENT EVENTS (Details Textual) - Related Party [Domain] - Equity Component [Domain]	Aug. 20, 2015USD ($)	Aug. 20, 2015CNY (¥)	Aug. 19, 2015USD ($)	Aug. 19, 2015CNY (¥)	May. 13, 2015USD ($)	Sep. 16, 2015shares	Jun. 30, 2015USD ($)shares	Jun. 30, 2015CNY (¥)shares	Jun. 30, 2014USD ($)	Jun. 30, 2014CNY (¥)	Jul. 11, 2015shares
Subsequent Event [Line Items]
Stock Issued During Period, Value, New Issues							$ 392,857	¥ 2,392,027	$ 1,164,040	¥ 7,087,605
Short Term Borrowings [Member]
Subsequent Event [Line Items]
Interest Expense, Related Party							$ 97,537	¥ 593,884		¥ 326,953
Subsequent Event [Member] | Short Term Borrowings [Member]
Subsequent Event [Line Items]
Repayments of Related Party Debt	$ 246,354	¥ 1,500,000	$ 295,625	¥ 1,800,000
Interest Expense, Related Party			$ 6,110	¥ 37,200
Subsequent Event [Member] | Incentive Plan 2015 [Member]
Subsequent Event [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance											800,000
Subsequent Event [Member] | Equity Distribution Agreement [Member]
Subsequent Event [Line Items]
Stock Issued During Period, Value, New Issues | $					$ 10,000,000
Stock Issued During Period, Shares, New Issues						313,071	15,874	15,874